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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Dorman Products
DORM
$3.95B
| $4.87M | 0.01% |
85,146
-2,200
| -3% | -$118K |
|
|
WAGE
1302
DELISTED
WageWorks, Inc.
WAGE
| $4.87M | 0.01% |
81,400
+5,500
| +7% | +$304K |
|
1303
Sinclair Inc
SBGI
$995M
| $4.85M | 0.01% |
162,400
+13,200
| +9% | +$413K |
|
1304
Cathay General Bancorp
CATY
$4.23B
| $4.84M | 0.01% |
171,800
-23,700
| -12% | -$702K |
|
1305
Radian Group
RDN
$4.87B
| $4.84M | 0.01% |
464,700
-7,800
| -2% | -$91.8K |
|
1306
Novavax
NVAX
$1.3B
| $4.83M | 0.01% |
33,240
-1,035
| -3% | -$119K |
|
1307
United Bankshares
UBSI
$6.55B
| $4.82M | 0.01% |
128,400
-7,700
| -6% | -$290K |
|
|
GOV
1308
DELISTED
Government Properties Income Trust
GOV
| $4.81M | 0.01% |
208,779
+2,300
| +1% | +$44.9K |
|
|
ISIL
1309
DELISTED
Intersil Corp
ISIL
| $4.8M | 0.01% |
354,600
-8,400
| -2% | -$109K |
|
|
DENN
1310
DELISTED
Denny's
DENN
| $4.77M | 0.01% |
444,600
-10,500
| -2% | -$111K |
|
|
ECOL
1311
DELISTED
US Ecology, Inc.
ECOL
| $4.77M | 0.01% |
103,800
-3,100
| -3% | -$137K |
|
|
BWP
1312
DELISTED
Boardwalk Pipeline Partners
BWP
| $4.77M | 0.01% |
273,200
-7,300
| -3% | -$121K |
|
1313
Zurn Elkay Water Solutions
ZWS
$8.47B
| $4.77M | 0.01% |
504,053
+1,661
| +0.3% | +$16.7K |
|
1314
Northwest Natural Holdings
NWN
$2.09B
| $4.75M | 0.01% |
73,300
-1,100
| -1% | -$61.3K |
|
1315
Choice Hotels
CHH
$4.62B
| $4.74M | 0.01% |
99,600
-5,000
| -5% | -$242K |
|
|
NTUS
1316
DELISTED
Natus Medical Inc
NTUS
| $4.73M | 0.01% |
125,145
-17,800
| -12% | -$596K |
|
|
AEL
1317
DELISTED
American Equity Investment Life Holding Company
AEL
| $4.73M | 0.01% |
331,911
+35,100
| +12% | +$530K |
|
|
TSRO
1318
DELISTED
TESARO, Inc.
TSRO
| $4.72M | 0.01% |
56,200
-1,800
| -3% | -$80.3K |
|
|
GES
1319
DELISTED
Guess Inc
GES
| $4.72M | 0.01% |
313,734
+1,600
| +0.5% | +$26.5K |
|
|
PEI
1320
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $4.71M | 0.01% |
14,636
+547
| +4% | +$181K |
|
|
LTC
1321
LTC Properties
LTC
$2.12B
| $4.71M | 0.01% |
90,999
+20,200
| +29% | +$962K |
|
1322
First Citizens BancShares
FCNCA
$25.2B
| $4.71M | 0.01% |
18,176
-500
| -3% | -$126K |
|
1323
MKS Inc
MKSI
$19.8B
| $4.7M | 0.01% |
109,200
-7,100
| -6% | -$276K |
|
|
ISBC
1324
DELISTED
Investors Bancorp, Inc.
ISBC
| $4.7M | 0.01% |
423,848
-98,200
| -19% | -$1.14M |
|
1325
Booz Allen Hamilton
BAH
$9.37B
| $4.69M | 0.01% |
158,300
-9,700
| -6% | -$278K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.