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 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.01% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDC
1326
DELISTED
Rowan Companies Plc
RDC
| $5.74M | 0.01% |
179,600
-146,800
| -45% | -$4.6M |
|
|
TA
1327
DELISTED
TravelCenters of America LLC
TA
| $5.73M | 0.01% |
129,060
-11,120
| -8% | -$444K |
|
|
GES
1328
DELISTED
Guess Inc
GES
| $5.73M | 0.01% |
212,143
+22,509
| +12% | +$610K |
|
|
ARII
1329
DELISTED
American Railcar Industries, Inc.
ARII
| $5.73M | 0.01% |
84,500
-86,500
| -51% | -$5.57M |
|
1330
Olin
OLN
$2.15B
| $5.73M | 0.01% |
212,707
+42,077
| +25% | +$1.16M |
|
|
IOC
1331
DELISTED
Interoil Corporation
IOC
| $5.72M | 0.01% |
89,500
| – | – |
|
1332
Silgan Holdings
SLGN
$4.35B
| $5.72M | 0.01% |
225,148
+26,800
| +14% | +$665K |
|
1333
CNA Financial
CNA
$13.9B
| $5.72M | 0.01% |
141,469
+2,900
| +2% | +$119K |
|
|
GHL
1334
DELISTED
Greenhill & Co., Inc.
GHL
| $5.72M | 0.01% |
116,100
+4,400
| +4% | +$217K |
|
1335
Commercial Metals
CMC
$8.1B
| $5.71M | 0.01% |
329,800
-1,000
| -0.3% | -$18.6K |
|
|
SEMG
1336
DELISTED
SEMGROUP CORPORATION
SEMG
| $5.69M | 0.01% |
72,200
+200
| +0.3% | +$13.6K |
|
1337
Sinclair Inc
SBGI
$995M
| $5.68M | 0.01% |
163,600
-3,100
| -2% | -$90.2K |
|
1338
First Citizens BancShares
FCNCA
$25.4B
| $5.68M | 0.01% |
23,176
-3,138
| -12% | -$732K |
|
1339
Gerdau
GGB
$9.74B
| $5.65M | 0.01% |
1,209,465
+459,471
| +61% | +$2.25M |
|
1340
Molina Healthcare
MOH
$10.4B
| $5.65M | 0.01% |
126,615
+25,815
| +26% | +$1.05M |
|
|
NTI
1341
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $5.64M | 0.01% |
211,100
-2,400
| -1% | -$65.3K |
|
|
DBD
1342
DELISTED
Diebold Nixdorf Incorporated
DBD
| $5.64M | 0.01% |
140,500
+1,031
| +0.7% | +$39.6K |
|
1343
Texas Roadhouse
TXRH
$13.6B
| $5.64M | 0.01% |
216,900
-2,100
| -1% | -$53.2K |
|
|
CEB
1344
DELISTED
CEB Inc.
CEB
| $5.63M | 0.01% |
82,600
-1,500
| -2% | -$103K |
|
|
IRF
1345
DELISTED
INTL RECTIFIER CORP
IRF
| $5.63M | 0.01% |
201,930
-18,700
| -8% | -$501K |
|
1346
Calumet Specialty Products
CLMT
$3.96B
| $5.63M | 0.01% |
177,000
+26,000
| +17% | +$774K |
|
|
TTM
1347
DELISTED
Tata Motors Limited
TTM
| $5.63M | 0.01% |
144,073
| – | – |
|
1348
MarketAxess Holdings
MKTX
$5.72B
| $5.62M | 0.01% |
103,966
-3,800
| -4% | -$208K |
|
1349
AllianceBernstein
AB
$3.45B
| $5.61M | 0.01% |
216,800
+7,700
| +4% | +$192K |
|
|
TARO
1350
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $5.61M | 0.01% |
40,000
-700
| -2% | -$77.7K |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.