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 |
Apollo Global Management
APO
|
+$733M |
| 2 |
Verizon
VZ
|
+$194M |
| 3 |
EOG Resources
EOG
|
+$189M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$55.3M |
| 5 |
Perrigo
PRGO
|
+$48.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$52.7M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$33.7M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart Inc
WMT
|
+$26.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.28% |
| 2 | Technology | 13.7% |
| 3 | Healthcare | 12.53% |
| 4 | Industrials | 11.17% |
| 5 | Energy | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MINI
1276
DELISTED
Mobile Mini Inc
MINI
| $6.06M | 0.01% |
143,482
+2,500
| +2% | +$104K |
|
1277
Perdoceo Education
PRDO
$1.97B
| $6.03M | 0.01% |
855,958
-187,200
| -18% | -$1.2M |
|
1278
Neogen
NEOG
$2.49B
| $6.03M | 0.01% |
382,603
-109,237
| -22% | -$1.78M |
|
|
COR
1279
DELISTED
Coresite Realty Corporation
COR
| $6.02M | 0.01% |
186,702
+14,661
| +9% | +$458K |
|
1280
Glacier Bancorp
GBCI
$6.35B
| $6.02M | 0.01% |
213,989
-8,454
| -4% | -$238K |
|
|
MZTI
1281
The Marzetti Company
MZTI
$3.13B
| $6.02M | 0.01% |
61,797
-130
| -0.2% | -$11.7K |
|
1282
Papa John's
PZZA
$785M
| $6.02M | 0.01% |
123,622
+59,011
| +91% | +$2.91M |
|
|
ESGR
1283
DELISTED
Enstar Group
ESGR
| $6.02M | 0.01% |
45,000
+3,400
| +8% | +$444K |
|
|
CEB
1284
DELISTED
CEB Inc.
CEB
| $6.01M | 0.01% |
84,100
-2,400
| -3% | -$180K |
|
1285
Progress Software
PRGS
$1.78B
| $6.01M | 0.01% |
280,462
-2,500
| -0.9% | -$59.9K |
|
|
ARUN
1286
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $6M | 0.01% |
311,792
+20,500
| +7% | +$410K |
|
1287
Mueller Water Products
MWA
$4.07B
| $6M | 0.01% |
650,918
-16,195
| -2% | -$149K |
|
|
VNET
1288
VNET Group
VNET
$2.13B
| $6M | 0.01% |
239,181
+81,981
| +52% | +$2.05M |
|
|
SCS
1289
DELISTED
Steelcase
SCS
| $5.99M | 0.01% |
375,127
-36,740
| -9% | -$547K |
|
|
WEB
1290
DELISTED
Web.com Group, Inc.
WEB
| $5.99M | 0.01% |
190,400
+17,800
| +10% | +$608K |
|
1291
Greif
GEF
$4.97B
| $5.99M | 0.01% |
113,420
+9,155
| +9% | +$470K |
|
|
ICPT
1292
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.97M | 0.01% |
+20,500
| New | +$6.92M |
|
|
GTLS
1293
DELISTED
Chart Industries
GTLS
| $5.97M | 0.01% |
80,100
-14,799
| -16% | -$1.27M |
|
1294
TD Synnex
SNX
$20.3B
| $5.96M | 0.01% |
166,136
-23,000
| -12% | -$685K |
|
|
CADE
1295
DELISTED
Cadence Bank
CADE
| $5.94M | 0.01% |
244,818
-218,119
| -47% | -$5.31M |
|
|
GEVA
1296
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $5.93M | 0.01% |
75,338
+12,338
| +20% | +$1.14M |
|
|
AKS
1297
DELISTED
AK Steel Holding Corp
AKS
| $5.92M | 0.01% |
787,908
-94,200
| -11% | -$638K |
|
1298
United Parks & Resorts
PRKS
$2B
| $5.92M | 0.01% |
+191,500
| New | +$6.17M |
|
1299
Heartland Express
HTLD
$911M
| $5.91M | 0.01% |
272,942
+296
| +0.1% | +$6.19K |
|
|
MBFI
1300
DELISTED
MB Financial Corp
MBFI
| $5.9M | 0.01% |
192,944
+76
| +0% | +$2.31K |
|
Similar funds
California Public Employees Retirement System's Q1 2014 Portfolio in Review
As of Q1 2014, California Public Employees Retirement System held 4,098 positions worth $70B, up 1.4% from $69B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q1 2014 filing shows 121 new, 1,404 increased, 1,294 reduced and 336 closed positions. Its largest new stake was Perrigo: 310,076 shares worth $46M. The largest sale was State Street SPDR S&P Emerging Markets Small Cap ETF, an estimated $52.7M.
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 Q1 2014 buy was Perrigo: 310,076 shares worth $46M.
- California Public Employees Retirement System added most to Apollo Global Management in Q1 2014, an estimated $733M increase.
- California Public Employees Retirement System's biggest Q1 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $52.7M.
- California Public Employees Retirement System fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $35.3M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $70B portfolio in Q1 2014.
- California Public Employees Retirement System opened 121 new positions and closed 336 in Q1 2014.
- California Public Employees Retirement System's portfolio value rose 1.4% quarter-over-quarter to $70B.
Based on California Public Employees Retirement System's 13F filing for Q1 2014, filed 18 Apr 2014.