California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$53.1M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$46.4M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$23.4M |
| 5 |
Alibaba
BABA
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$103M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
ExxonMobil
XOM
|
+$45.5M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.72% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SEMG
1251
DELISTED
SEMGROUP CORPORATION
SEMG
| $6.05M | 0.01% |
72,700
+500
| +0.7% | +$41.2K |
|
1252
Tetra Tech
TTEK
$9.07B
| $6.05M | 0.01% |
1,210,905
+33,755
| +3% | +$176K |
|
|
SWI
1253
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $6.03M | 0.01% |
143,500
+1,500
| +1% | +$62.3K |
|
|
GHL
1254
DELISTED
Greenhill & Co., Inc.
GHL
| $6.02M | 0.01% |
129,400
+13,300
| +11% | +$626K |
|
1255
DexCom
DXCM
$33.6B
| $6.01M | 0.01% |
601,536
-47,856
| -7% | -$489K |
|
|
KATE
1256
DELISTED
Kate Spade & Company
KATE
| $6.01M | 0.01% |
229,235
-21,852
| -9% | -$749K |
|
1257
United Natural Foods
UNFI
$2.86B
| $6.01M | 0.01% |
97,770
-2,200
| -2% | -$138K |
|
1258
Gentherm
THRM
$1.29B
| $6.01M | 0.01% |
142,233
+16,078
| +13% | +$755K |
|
1259
H.B. Fuller
FUL
$3.35B
| $5.99M | 0.01% |
150,900
-4,200
| -3% | -$191K |
|
|
BCPC
1260
Balchem Corp
BCPC
$5.69B
| $5.98M | 0.01% |
105,682
-14,700
| -12% | -$783K |
|
1261
Watts Water Technologies
WTS
$12.9B
| $5.96M | 0.01% |
102,403
+300
| +0.3% | +$18.4K |
|
|
ADVS
1262
DELISTED
Advent Software Inc
ADVS
| $5.96M | 0.01% |
188,900
+400
| +0.2% | +$12.9K |
|
1263
The Greenbrier Companies
GBX
$1.42B
| $5.95M | 0.01% |
81,080
-7,045
| -8% | -$483K |
|
|
BDN
1264
Brandywine Realty Trust
BDN
$539M
| $5.95M | 0.01% |
422,651
-16,700
| -4% | -$259K |
|
|
TEN
1265
Tsakos Energy Navigation Ltd
TEN
$1.13B
| $5.94M | 0.01% |
186,300
+133,840
| +255% | +$4.7M |
|
|
PSB
1266
DELISTED
PS Business Parks, Inc.
PSB
| $5.93M | 0.01% |
77,889
+3,990
| +5% | +$325K |
|
|
SKX
1267
DELISTED
Skechers
SKX
| $5.92M | 0.01% |
333,300
+92,400
| +38% | +$1.69M |
|
1268
Metallus
MTUS
$914M
| $5.91M | 0.01% |
+127,200
| New | +$5.88M |
|
|
ASNA
1269
DELISTED
Ascena Retail Group, Inc.
ASNA
| $5.91M | 0.01% |
22,209
+37
| +0.2% | +$12.1K |
|
1270
FerroAtlántica
GSM
$875M
| $5.9M | 0.01% |
324,600
-7,400
| -2% | -$147K |
|
|
PMT
1271
PennyMac Mortgage Investment
PMT
$826M
| $5.9M | 0.01% |
275,500
+800
| +0.3% | +$17.5K |
|
|
SUNE
1272
DELISTED
SUNEDISON, INC COM
SUNE
| $5.89M | 0.01% |
311,977
-403,256
| -56% | -$8.65M |
|
|
JOYY
1273
JOYY Inc
JOYY
$3.76B
| $5.87M | 0.01% |
78,400
+52,200
| +199% | +$4.25M |
|
|
ABAX
1274
DELISTED
Abaxis Inc
ABAX
| $5.86M | 0.01% |
115,451
+14,703
| +15% | +$691K |
|
1275
EastGroup Properties
EGP
$10.8B
| $5.84M | 0.01% |
96,459
-2,400
| -2% | -$152K |
|
Similar funds
California Public Employees Retirement System's Q3 2014 Portfolio in Review
As of Q3 2014, California Public Employees Retirement System held 3,865 positions worth $72.4B, down 1.6% from $73.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.3%. California Public Employees Retirement System opened 75 new positions and exited 91, leaving the 3,865-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2014 buy was Weatherford International plc: 2,064,346 shares worth $42.9M.
- California Public Employees Retirement System added most to Allergan plc in Q3 2014, an estimated $53.1M increase.
- California Public Employees Retirement System's biggest Q3 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $103M.
- California Public Employees Retirement System fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $73.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $72.4B portfolio in Q3 2014.
- California Public Employees Retirement System opened 75 new positions and closed 91 in Q3 2014.
- California Public Employees Retirement System's portfolio value fell 1.6% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q3 2014, filed 7 Nov 2014.