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 | |
|---|---|---|---|---|---|---|
1376
Cracker Barrel
CBRL
$1.25B
| $5.41M | 0.01% |
54,324
+1,700
| +3% | +$167K |
|
|
SFUN
1377
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $5.41M | 0.01% |
11,046
-30,397
| -73% | -$17.8M |
|
1378
Stride
LRN
$3.33B
| $5.4M | 0.01% |
224,450
+25,200
| +13% | +$590K |
|
|
CRAY
1379
DELISTED
Cray, Inc.
CRAY
| $5.4M | 0.01% |
202,891
-15,330
| -7% | -$443K |
|
|
ARUN
1380
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $5.4M | 0.01% |
307,992
-3,800
| -1% | -$71.6K |
|
|
ALE
1381
DELISTED
Allete
ALE
| $5.39M | 0.01% |
104,942
+985
| +0.9% | +$49.5K |
|
|
RAVN
1382
DELISTED
Raven Industries Inc
RAVN
| $5.38M | 0.01% |
162,390
-1,400
| -0.9% | -$44.6K |
|
1383
BGC Group
BGC
$4.86B
| $5.37M | 0.01% |
1,122,555
-8,086
| -0.7% | -$37.2K |
|
1384
FTI Consulting
FCN
$4.17B
| $5.37M | 0.01% |
141,978
+11,812
| +9% | +$390K |
|
1385
Louisiana-Pacific
LPX
$5.2B
| $5.36M | 0.01% |
356,800
-56,860
| -14% | -$866K |
|
|
EE
1386
DELISTED
El Paso Electric Company
EE
| $5.36M | 0.01% |
133,250
+6,700
| +5% | +$249K |
|
1387
Commault Systems
CVLT
$5.78B
| $5.35M | 0.01% |
108,800
-8,670
| -7% | -$467K |
|
|
FGP
1388
DELISTED
Ferrellgas Partners, L.P.
FGP
| $5.35M | 0.01% |
195,500
-2,000
| -1% | -$51.6K |
|
1389
Power Integrations
POWI
$3.46B
| $5.34M | 0.01% |
185,710
-25,920
| -12% | -$725K |
|
1390
Mine Safety
MSA
$7.45B
| $5.33M | 0.01% |
92,769
+6,445
| +7% | +$353K |
|
|
APL
1391
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $5.33M | 0.01% |
154,800
-7,000
| -4% | -$228K |
|
|
CZZ
1392
DELISTED
Cosan Limited
CZZ
| $5.32M | 0.01% |
392,600
+48,200
| +14% | +$613K |
|
1393
Mueller Water Products
MWA
$4.07B
| $5.32M | 0.01% |
615,233
-35,685
| -5% | -$316K |
|
1394
Minerals Technologies
MTX
$2.32B
| $5.31M | 0.01% |
80,918
+200
| +0.2% | +$12.5K |
|
|
HA
1395
DELISTED
Hawaiian Holdings, Inc.
HA
| $5.29M | 0.01% |
386,189
+14,000
| +4% | +$202K |
|
|
BRS
1396
DELISTED
Bristow Group, Inc.
BRS
| $5.29M | 0.01% |
65,632
| – | – |
|
1397
ASML
ASML
$666B
| $5.29M | 0.01% |
56,698
-28,876
| -34% | -$2.49M |
|
|
LNW
1398
DELISTED
Light & Wonder
LNW
| $5.28M | 0.01% |
474,628
+199,002
| +72% | +$2.15M |
|
|
BBEP
1399
DELISTED
BREITBURN ENERGY PARTNERS LP COM UNITS RPTNG LTD PRTNRSHIP
BBEP
| $5.26M | 0.01% |
237,600
+9,500
| +4% | +$198K |
|
|
GDP
1400
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $5.25M | 0.01% |
190,325
+41,094
| +28% | +$1.03M |
|
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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.