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 | |
|---|---|---|---|---|---|---|
1351
Gran Tierra Energy
GTE
$323M
| $4.57M | 0.01% |
135,330
-4,220
| -3% | -$122K |
|
|
CRAY
1352
DELISTED
Cray, Inc.
CRAY
| $4.57M | 0.01% |
152,700
-1,500
| -1% | -$52.5K |
|
|
NSR
1353
DELISTED
Neustar Inc
NSR
| $4.57M | 0.01% |
194,300
+7,800
| +4% | +$185K |
|
1354
Crocs
CROX
$6.41B
| $4.56M | 0.01% |
404,100
+14,900
| +4% | +$144K |
|
1355
Hilltop Holdings
HTH
$2.24B
| $4.54M | 0.01% |
216,100
-300
| -0.1% | -$5.99K |
|
1356
AllianceBernstein
AB
$3.47B
| $4.53M | 0.01% |
194,300
-5,700
| -3% | -$133K |
|
1357
MGIC Investment
MTG
$6.24B
| $4.53M | 0.01% |
760,800
+26,600
| +4% | +$181K |
|
|
SHLD
1358
DELISTED
Sears Holding Corporation
SHLD
| $4.53M | 0.01% |
332,648
+83,900
| +34% | +$1.18M |
|
|
GK
1359
DELISTED
G&K Services Inc
GK
| $4.53M | 0.01% |
59,094
-1,900
| -3% | -$140K |
|
|
QLGC
1360
DELISTED
QLOGIC CORP
QLGC
| $4.52M | 0.01% |
306,900
+6,000
| +2% | +$81.6K |
|
1361
MillerKnoll
MLKN
$1.65B
| $4.52M | 0.01% |
151,300
-2,600
| -2% | -$79.9K |
|
1362
Texas Capital Bancshares
TCBI
$4.34B
| $4.52M | 0.01% |
96,700
-4,500
| -4% | -$202K |
|
|
NRF
1363
DELISTED
NorthStar Realty Finance Corp.
NRF
| $4.52M | 0.01% |
395,325
+10,000
| +3% | +$128K |
|
|
PEGI
1364
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $4.51M | 0.01% |
196,500
-4,100
| -2% | -$85.1K |
|
1365
Wolverine World Wide
WWW
$1.51B
| $4.51M | 0.01% |
221,800
+4,800
| +2% | +$89.5K |
|
|
GNCMA
1366
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $4.51M | 0.01% |
285,273
-9,700
| -3% | -$158K |
|
1367
Cable One
CABO
$201M
| $4.5M | 0.01% |
8,800
+200
| +2% | +$95.7K |
|
1368
Asbury Automotive
ABG
$3.79B
| $4.49M | 0.01% |
85,200
+2,000
| +2% | +$112K |
|
1369
Horace Mann Educators
HMN
$2.14B
| $4.49M | 0.01% |
132,800
-1,300
| -1% | -$42.3K |
|
|
MORE
1370
DELISTED
Monogram Residential Trust, Inc.
MORE
| $4.49M | 0.01% |
439,400
+5,200
| +1% | +$52.2K |
|
1371
8x8 Inc
EGHT
$322M
| $4.49M | 0.01% |
307,000
-8,400
| -3% | -$103K |
|
1372
Plexus
PLXS
$7.2B
| $4.48M | 0.01% |
103,652
+800
| +0.8% | +$33.7K |
|
1373
MGE Energy Inc
MGEE
$3.03B
| $4.48M | 0.01% |
79,200
-1,900
| -2% | -$98.4K |
|
|
EXPR
1374
DELISTED
Express, Inc.
EXPR
| $4.47M | 0.01% |
15,395
-430
| -3% | -$144K |
|
1375
Minerals Technologies
MTX
$2.32B
| $4.46M | 0.01% |
78,600
-2,400
| -3% | -$139K |
|
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.