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 | |
|---|---|---|---|---|---|---|
|
ECOL
1326
DELISTED
US Ecology, Inc.
ECOL
| $4.72M | 0.01% |
106,900
-4,500
| -4% | -$163K |
|
|
CAMP
1327
DELISTED
CalAmp Corp.
CAMP
| $4.72M | 0.01% |
11,435
+1,492
| +15% | +$610K |
|
|
DENN
1328
DELISTED
Denny's
DENN
| $4.71M | 0.01% |
455,100
+500
| +0.1% | +$4.87K |
|
|
SPWR
1329
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.71M | 0.01% |
321,586
-15,118
| -4% | -$235K |
|
|
GRUB
1330
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $4.7M | 0.01% |
93,500
-16,800
| -15% | -$742K |
|
1331
First Citizens BancShares
FCNCA
$25.4B
| $4.69M | 0.01% |
18,676
+1,100
| +6% | +$264K |
|
1332
AllianceBernstein
AB
$3.46B
| $4.69M | 0.01% |
200,000
-11,200
| -5% | -$227K |
|
1333
Hope Bancorp
HOPE
$1.82B
| $4.68M | 0.01% |
307,900
-27,900
| -8% | -$417K |
|
1334
Otter Tail
OTTR
$3.96B
| $4.67M | 0.01% |
157,800
+6,000
| +4% | +$165K |
|
1335
Team
TISI
$104M
| $4.67M | 0.01% |
15,373
+8,173
| +114% | +$2.1M |
|
|
CYNO
1336
DELISTED
Cynosure, Inc. Class A
CYNO
| $4.67M | 0.01% |
105,800
+2,900
| +3% | +$114K |
|
|
JOYY
1337
JOYY Inc
JOYY
$3.7B
| $4.65M | 0.01% |
75,500
-4,000
| -5% | -$225K |
|
1338
Enpro
NPO
$7.12B
| $4.64M | 0.01% |
80,400
-1,900
| -2% | -$91.6K |
|
1339
Silicon Motion
SIMO
$7.6B
| $4.63M | 0.01% |
119,300
+8,800
| +8% | +$284K |
|
1340
Constellium
CSTM
$4.05B
| $4.63M | 0.01% |
891,800
-13,200
| -1% | -$75.9K |
|
|
KLXI
1341
DELISTED
KLX Inc.
KLXI
| $4.62M | 0.01% |
170,517
-5,574
| -3% | -$136K |
|
|
PEI
1342
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $4.62M | 0.01% |
14,089
+13
| +0.1% | +$3.87K |
|
1343
Minerals Technologies
MTX
$2.3B
| $4.61M | 0.01% |
81,000
-23,516
| -22% | -$1.1M |
|
1344
G-III Apparel Group
GIII
$1.44B
| $4.6M | 0.01% |
94,100
-11,700
| -11% | -$566K |
|
|
DWRE
1345
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $4.6M | 0.01% |
117,600
+62,400
| +113% | +$2.42M |
|
1346
Sinclair Inc
SBGI
$989M
| $4.59M | 0.01% |
149,200
-20,700
| -12% | -$636K |
|
|
NSR
1347
DELISTED
Neustar Inc
NSR
| $4.59M | 0.01% |
186,500
+10,000
| +6% | +$239K |
|
1348
Mueller Industries
MLI
$15.1B
| $4.58M | 0.01% |
622,800
-1,200
| -0.2% | -$7.92K |
|
|
TCP
1349
DELISTED
TC Pipelines LP
TCP
| $4.57M | 0.01% |
94,700
-5,500
| -5% | -$249K |
|
|
FINL
1350
DELISTED
Finish Line
FINL
| $4.56M | 0.01% |
215,959
+15,400
| +8% | +$285K |
|
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.