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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KND
1276
DELISTED
Kindred Healthcare
KND
| $5.02M | 0.01% |
406,319
+114,400
| +39% | +$1.19M |
|
1277
United Bankshares
UBSI
$6.61B
| $5M | 0.01% |
136,100
+6,200
| +5% | +$218K |
|
|
CCMP
1278
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.99M | 0.01% |
122,000
+15,700
| +15% | +$620K |
|
|
AEL
1279
DELISTED
American Equity Investment Life Holding Company
AEL
| $4.99M | 0.01% |
296,811
+43,300
| +17% | +$702K |
|
1280
Asbury Automotive
ABG
$3.73B
| $4.98M | 0.01% |
83,200
-1,400
| -2% | -$76.2K |
|
|
SAFM
1281
DELISTED
Sanderson Farms Inc
SAFM
| $4.98M | 0.01% |
55,200
-1,400
| -2% | -$118K |
|
1282
Kemper
KMPR
$1.54B
| $4.98M | 0.01% |
168,300
+1,100
| +0.7% | +$33K |
|
1283
Glacier Bancorp
GBCI
$6.39B
| $4.97M | 0.01% |
195,700
-12,600
| -6% | -$306K |
|
|
MASI
1284
DELISTED
Masimo
MASI
| $4.97M | 0.01% |
118,692
-5,800
| -5% | -$218K |
|
1285
Compass Minerals
CMP
$1.13B
| $4.96M | 0.01% |
70,000
-4,600
| -6% | -$329K |
|
|
P
1286
DELISTED
Pandora Media Inc
P
| $4.95M | 0.01% |
553,500
+161,500
| +41% | +$1.58M |
|
1287
Granite Construction
GVA
$5.49B
| $4.92M | 0.01% |
103,000
+6,354
| +7% | +$259K |
|
1288
Steven Madden
SHOO
$3.53B
| $4.92M | 0.01% |
199,050
-2,400
| -1% | -$53.4K |
|
|
BECN
1289
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $4.91M | 0.01% |
119,700
-11,700
| -9% | -$445K |
|
|
REGI
1290
DELISTED
Renewable Energy Group, Inc.
REGI
| $4.91M | 0.01% |
519,767
-31,200
| -6% | -$240K |
|
|
BID
1291
DELISTED
Sotheby's
BID
| $4.91M | 0.01% |
183,500
+15,800
| +9% | +$379K |
|
1292
Zurn Elkay Water Solutions
ZWS
$8.6B
| $4.89M | 0.01% |
502,392
-7,058
| -1% | -$59.9K |
|
|
EFOR
1293
Everforth Inc
EFOR
$1.35B
| $4.89M | 0.01% |
132,400
-13,800
| -9% | -$487K |
|
1294
Encompass Health
EHC
$12.4B
| $4.89M | 0.01% |
163,284
+63,478
| +64% | +$1.75M |
|
|
OPLN
1295
Openlane
OPLN
$4.48B
| $4.88M | 0.01% |
338,176
-121,268
| -26% | -$1.61M |
|
1296
TAL Education Group
TAL
$6.75B
| $4.88M | 0.01% |
589,200
+8,400
| +1% | +$67.1K |
|
1297
Carpenter Technology
CRS
$26.7B
| $4.87M | 0.01% |
142,300
+4,700
| +3% | +$138K |
|
|
EQY
1298
DELISTED
Equity One
EQY
| $4.87M | 0.01% |
169,938
-5,000
| -3% | -$137K |
|
|
BUFF
1299
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $4.87M | 0.01% |
189,600
-10,800
| -5% | -$207K |
|
1300
LPL Financial
LPLA
$29.2B
| $4.86M | 0.01% |
195,800
+17,400
| +10% | +$470K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.