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 | |
|---|---|---|---|---|---|---|
1276
Cracker Barrel
CBRL
$1.26B
| $5.84M | 0.01% |
56,624
+2,300
| +4% | +$230K |
|
|
WAGE
1277
DELISTED
WageWorks, Inc.
WAGE
| $5.83M | 0.01% |
128,137
+26,173
| +26% | +$1.16M |
|
1278
Neogen
NEOG
$2.5B
| $5.83M | 0.01% |
393,787
+1,334
| +0.3% | +$21.1K |
|
1279
Benchmark Electronics
BHE
$2.95B
| $5.82M | 0.01% |
261,972
+5,700
| +2% | +$138K |
|
1280
Watsco Inc
WSO
$13.2B
| $5.81M | 0.01% |
67,400
+300
| +0.4% | +$27.7K |
|
1281
DHT Holdings
DHT
$2.91B
| $5.8M | 0.01% |
942,258
+850,800
| +930% | +$5.76M |
|
|
PTP
1282
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $5.8M | 0.01% |
95,300
+6,700
| +8% | +$417K |
|
|
AHD
1283
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $5.78M | 0.01% |
131,300
-3,400
| -3% | -$150K |
|
1284
IPG Photonics
IPGP
$3.65B
| $5.76M | 0.01% |
83,800
+30,400
| +57% | +$2.05M |
|
1285
Acadia Healthcare
ACHC
$2.91B
| $5.76M | 0.01% |
118,765
-1,570
| -1% | -$76.8K |
|
|
SRC
1286
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $5.75M | 0.01% |
116,951
+66
| +0.1% | +$3.41K |
|
1287
Five Below
FIVE
$13B
| $5.73M | 0.01% |
144,748
+48,402
| +50% | +$1.88M |
|
1288
Wolverine World Wide
WWW
$1.5B
| $5.71M | 0.01% |
228,000
+800
| +0.4% | +$20.6K |
|
1289
Amkor Technology
AMKR
$13.3B
| $5.71M | 0.01% |
678,519
-142,140
| -17% | -$1.4M |
|
1290
Glacier Bancorp
GBCI
$6.38B
| $5.7M | 0.01% |
220,352
+1,000
| +0.5% | +$27.1K |
|
|
APL
1291
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $5.68M | 0.01% |
155,700
+900
| +0.6% | +$31.8K |
|
1292
AllianceBernstein
AB
$3.48B
| $5.66M | 0.01% |
217,700
+900
| +0.4% | +$24.1K |
|
|
MRH
1293
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $5.66M | 0.01% |
182,100
-600
| -0.3% | -$18.8K |
|
1294
National Health Investors
NHI
$3.39B
| $5.65M | 0.01% |
98,900
-600
| -0.6% | -$37.2K |
|
|
DCT
1295
DELISTED
DCT Industrial Trust Inc.
DCT
| $5.65M | 0.01% |
188,056
+1,950
| +1% | +$61.7K |
|
|
CTB
1296
DELISTED
Cooper Tire & Rubber Co.
CTB
| $5.64M | 0.01% |
196,627
+11,600
| +6% | +$346K |
|
1297
Valley National Bancorp
VLY
$8.15B
| $5.64M | 0.01% |
582,291
+21,400
| +4% | +$211K |
|
1298
Itron
ITRI
$4.54B
| $5.64M | 0.01% |
143,368
-7,600
| -5% | -$304K |
|
1299
Caesarstone
CSTE
$104M
| $5.63M | 0.01% |
109,045
+7,745
| +8% | +$386K |
|
|
HR
1300
DELISTED
Healthcare Realty Trust Incorporated
HR
| $5.62M | 0.01% |
237,219
+2,800
| +1% | +$69.3K |
|
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.