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 | |
|---|---|---|---|---|---|---|
1351
Gentherm
THRM
$1.27B
| $5.61M | 0.01% |
126,155
-7,445
| -6% | -$293K |
|
1352
Unisys
UIS
$211M
| $5.61M | 0.01% |
226,546
+22,400
| +11% | +$566K |
|
|
ECOL
1353
DELISTED
US Ecology, Inc.
ECOL
| $5.61M | 0.01% |
114,500
+600
| +0.5% | +$27.6K |
|
|
BKS
1354
DELISTED
Barnes & Noble
BKS
| $5.6M | 0.01% |
374,786
+15,413
| +4% | +$186K |
|
1355
Silicon Laboratories
SLAB
$7.2B
| $5.59M | 0.01% |
113,600
+800
| +0.7% | +$38.1K |
|
|
MGLN
1356
DELISTED
Magellan Health Services, Inc.
MGLN
| $5.59M | 0.01% |
89,900
-11,998
| -12% | -$705K |
|
1357
Asbury Automotive
ABG
$3.78B
| $5.59M | 0.01% |
81,300
-1,900
| -2% | -$117K |
|
1358
MannKind Corp
MNKD
$1.26B
| $5.59M | 0.01% |
101,700
| – | – |
|
|
THOR
1359
DELISTED
THORATEC CORPORATION
THOR
| $5.58M | 0.01% |
160,200
-2,300
| -1% | -$76.7K |
|
1360
Greif
GEF
$4.97B
| $5.57M | 0.01% |
102,120
-11,300
| -10% | -$609K |
|
|
RPAI
1361
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $5.57M | 0.01% |
361,900
+8,900
| +3% | +$131K |
|
1362
Valley National Bancorp
VLY
$8.1B
| $5.56M | 0.01% |
560,891
+8,000
| +1% | +$80.3K |
|
1363
ASE Group
ASX
$82.7B
| $5.55M | 0.01% |
854,245
| – | – |
|
|
CTB
1364
DELISTED
Cooper Tire & Rubber Co.
CTB
| $5.55M | 0.01% |
185,027
+4,600
| +3% | +$125K |
|
1365
Invesco Mortgage Capital
IVR
$795M
| $5.53M | 0.01% |
31,830
+360
| +1% | +$61.7K |
|
1366
Insulet
PODD
$9.91B
| $5.52M | 0.01% |
139,100
-29,005
| -17% | -$1.11M |
|
|
CLD
1367
DELISTED
Cloud Peak Energy Inc
CLD
| $5.51M | 0.01% |
298,900
+9,200
| +3% | +$181K |
|
1368
Texas Capital Bancshares
TCBI
$4.32B
| $5.5M | 0.01% |
101,940
-15,079
| -13% | -$846K |
|
|
CYS
1369
DELISTED
CYS Investments Inc.
CYS
| $5.5M | 0.01% |
609,700
-17,600
| -3% | -$155K |
|
|
COR
1370
DELISTED
Coresite Realty Corporation
COR
| $5.49M | 0.01% |
166,002
-20,700
| -11% | -$653K |
|
|
SWI
1371
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $5.49M | 0.01% |
142,000
-74,200
| -34% | -$2.97M |
|
1372
Acadia Healthcare
ACHC
$2.96B
| $5.47M | 0.01% |
120,335
+28,025
| +30% | +$1.23M |
|
1373
Guidewire Software
GWRE
$14.4B
| $5.47M | 0.01% |
134,575
+5,357
| +4% | +$212K |
|
1374
Navios Maritime Partners
NMM
$2.24B
| $5.42M | 0.01% |
18,593
-167
| -0.9% | -$46.8K |
|
|
PCH
1375
DELISTED
PotlatchDeltic
PCH
| $5.42M | 0.01% |
130,900
-1,600
| -1% | -$62.8K |
|
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.