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 | |
|---|---|---|---|---|---|---|
|
CSH
1376
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $5.05M | 0.01% |
253,982
+6,612
| +3% | +$133K |
|
|
DBD
1377
DELISTED
Diebold Nixdorf Incorporated
DBD
| $5.03M | 0.01% |
142,500
+2,000
| +1% | +$75.5K |
|
1378
Andersons Inc
ANDE
$2.18B
| $5.03M | 0.01% |
80,000
+21,800
| +37% | +$1.33M |
|
|
EXAS
1379
DELISTED
Exact Sciences
EXAS
| $5.03M | 0.01% |
259,464
+11,030
| +4% | +$202K |
|
|
PPO
1380
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $5.02M | 0.01% |
129,100
+300
| +0.2% | +$13.1K |
|
1381
Power Integrations
POWI
$3.54B
| $5.02M | 0.01% |
186,310
+600
| +0.3% | +$16.9K |
|
1382
First Citizens BancShares
FCNCA
$25.4B
| $5.02M | 0.01% |
23,176
| – | – |
|
1383
Teva Pharmaceuticals
TEVA
$42.5B
| $5.02M | 0.01% |
93,400
| – | – |
|
|
FINL
1384
DELISTED
Finish Line
FINL
| $5.02M | 0.01% |
200,546
-6,181
| -3% | -$177K |
|
1385
Brady Corp
BRC
$4.48B
| $5.01M | 0.01% |
223,500
+14,700
| +7% | +$385K |
|
1386
Suburban Propane Partners
SPH
$1.17B
| $5.01M | 0.01% |
112,469
-300
| -0.3% | -$13.4K |
|
|
WBMD
1387
DELISTED
WebMD Health Corp.
WBMD
| $5.01M | 0.01% |
119,746
| – | – |
|
1388
Spectrum Brands
SPB
$2.02B
| $5.01M | 0.01% |
55,300
+1,000
| +2% | +$85.8K |
|
1389
Designer Brands
DBI
$321M
| $5M | 0.01% |
166,134
+3,534
| +2% | +$101K |
|
|
MGLN
1390
DELISTED
Magellan Health Services, Inc.
MGLN
| $5M | 0.01% |
91,400
+1,500
| +2% | +$86.1K |
|
|
CEB
1391
DELISTED
CEB Inc.
CEB
| $5M | 0.01% |
83,200
+600
| +0.7% | +$39.2K |
|
|
EE
1392
DELISTED
El Paso Electric Company
EE
| $5M | 0.01% |
136,750
+3,500
| +3% | +$133K |
|
|
VNET
1393
VNET Group
VNET
$2.14B
| $5M | 0.01% |
277,481
+25,077
| +10% | +$660K |
|
1394
Navios Maritime Partners
NMM
$2.23B
| $4.99M | 0.01% |
18,673
+80
| +0.4% | +$23.3K |
|
1395
DigitalBridge
DBRG
$2.95B
| $4.98M | 0.01% |
+67,590
| New | +$5.08M |
|
|
NTI
1396
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $4.96M | 0.01% |
212,500
+1,400
| +0.7% | +$35.3K |
|
1397
COPT Defense Properties
CDP
$4.13B
| $4.96M | 0.01% |
192,679
+16,305
| +9% | +$456K |
|
|
ANAT
1398
DELISTED
American National Group, Inc. Common Stock
ANAT
| $4.96M | 0.01% |
44,093
-1,300
| -3% | -$147K |
|
1399
Dine Brands
DIN
$454M
| $4.95M | 0.01% |
60,670
+10,750
| +22% | +$873K |
|
1400
Mueller Water Products
MWA
$4.09B
| $4.94M | 0.01% |
596,675
-18,558
| -3% | -$161K |
|
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.