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 | |
|---|---|---|---|---|---|---|
|
DF
1326
DELISTED
Dean Foods Company
DF
| $5.35M | 0.01% |
403,945
+8,900
| +2% | +$141K |
|
|
MBFI
1327
DELISTED
MB Financial Corp
MBFI
| $5.35M | 0.01% |
193,310
+7,436
| +4% | +$207K |
|
1328
HNI Corp
HNI
$3.6B
| $5.34M | 0.01% |
148,400
+43,500
| +41% | +$1.63M |
|
1329
Huron Consulting
HURN
$2.45B
| $5.34M | 0.01% |
87,579
+700
| +0.8% | +$44.7K |
|
|
PCH
1330
DELISTED
PotlatchDeltic
PCH
| $5.34M | 0.01% |
132,800
+1,900
| +1% | +$79.3K |
|
1331
Trex
TREX
$5.06B
| $5.32M | 0.01% |
615,600
| – | – |
|
|
LCI
1332
DELISTED
Lannett Company, Inc.
LCI
| $5.32M | 0.01% |
29,112
-2,592
| -8% | -$415K |
|
|
MEAS
1333
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $5.31M | 0.01% |
62,000
+2,750
| +5% | +$236K |
|
|
SAFM
1334
DELISTED
Sanderson Farms Inc
SAFM
| $5.29M | 0.01% |
60,200
+700
| +1% | +$66.1K |
|
|
HAWK
1335
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $5.28M | 0.01% |
163,351
-5,290
| -3% | -$149K |
|
|
FGP
1336
DELISTED
Ferrellgas Partners, L.P.
FGP
| $5.27M | 0.01% |
196,000
+500
| +0.3% | +$13.5K |
|
1337
Evercore
EVR
$11.7B
| $5.27M | 0.01% |
112,041
+41,421
| +59% | +$2.15M |
|
1338
Hilton Worldwide
HLT
$70.6B
| $5.25M | 0.01% |
71,000
+11,167
| +19% | +$830K |
|
1339
Asbury Automotive
ABG
$3.77B
| $5.24M | 0.01% |
81,400
+100
| +0.1% | +$6.9K |
|
|
ORIG
1340
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $5.24M | 0.01% |
35
+1
| +3% | +$165K |
|
1341
Enovis
ENOV
$1.43B
| $5.24M | 0.01% |
53,452
-174
| -0.3% | -$19.5K |
|
|
P
1342
DELISTED
Pandora Media Inc
P
| $5.24M | 0.01% |
216,900
-5,405
| -2% | -$143K |
|
|
MZTI
1343
The Marzetti Company
MZTI
$3.18B
| $5.24M | 0.01% |
61,394
| – | – |
|
1344
Franklin Electric
FELE
$4.75B
| $5.23M | 0.01% |
150,633
+26,600
| +21% | +$1M |
|
1345
Kulicke & Soffa
KLIC
$4.74B
| $5.22M | 0.01% |
366,900
+22,300
| +6% | +$320K |
|
1346
Insight Enterprises
NSIT
$4.45B
| $5.22M | 0.01% |
230,720
-57,900
| -20% | -$1.54M |
|
|
SAFE
1347
Safehold
SAFE
$1.11B
| $5.22M | 0.01% |
79,431
-4,961
| -6% | -$351K |
|
|
FNFG
1348
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $5.22M | 0.01% |
626,396
+74,100
| +13% | +$642K |
|
1349
NETSCOUT
NTCT
$2.82B
| $5.21M | 0.01% |
113,700
+16,100
| +16% | +$721K |
|
1350
Matador Resources
MTDR
$6.48B
| $5.2M | 0.01% |
201,230
| – | – |
|
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.