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 | |
|---|---|---|---|---|---|---|
|
KITE
1376
DELISTED
Kite Pharma, Inc.
KITE
| $4.39M | 0.01% |
95,700
+44,400
| +87% | +$2.15M |
|
1377
Gentherm
THRM
$1.27B
| $4.39M | 0.01% |
105,600
+3,500
| +3% | +$141K |
|
1378
Integer Holdings
ITGR
$4.25B
| $4.39M | 0.01% |
123,100
-6,127
| -5% | -$216K |
|
|
OUTR
1379
DELISTED
OUTERWALL INC
OUTR
| $4.38M | 0.01% |
118,407
+17,900
| +18% | +$588K |
|
1380
MKS Inc
MKSI
$19.9B
| $4.38M | 0.01% |
116,300
+8,700
| +8% | +$297K |
|
1381
Helen of Troy
HELE
$682M
| $4.38M | 0.01% |
42,200
-14,300
| -25% | -$1.33M |
|
1382
Brookdale Senior Living
BKD
$3B
| $4.37M | 0.01% |
275,000
-15,200
| -5% | -$232K |
|
|
CZZ
1383
DELISTED
Cosan Limited
CZZ
| $4.37M | 0.01% |
887,500
+225,800
| +34% | +$789K |
|
1384
Healthcare Realty
HR
$6.56B
| $4.36M | 0.01% |
148,200
-8,700
| -6% | -$241K |
|
|
VRNT
1385
DELISTED
Verint Systems
VRNT
| $4.36M | 0.01% |
256,172
-14,526
| -5% | -$265K |
|
1386
Quaker Houghton
KWR
$2.94B
| $4.35M | 0.01% |
51,300
-2,700
| -5% | -$206K |
|
1387
RBC Bearings
RBC
$17.5B
| $4.35M | 0.01% |
59,400
-10,400
| -15% | -$659K |
|
|
BRKL
1388
DELISTED
Brookline Bancorp
BRKL
| $4.35M | 0.01% |
394,986
-4,900
| -1% | -$52.8K |
|
|
FMBI
1389
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $4.34M | 0.01% |
240,800
+6,200
| +3% | +$107K |
|
|
EDR
1390
DELISTED
Education Realty Trust Inc
EDR
| $4.33M | 0.01% |
104,066
-7,400
| -7% | -$289K |
|
1391
Axos Financial
AX
$5.68B
| $4.33M | 0.01% |
202,700
-40,900
| -17% | -$741K |
|
1392
Power Integrations
POWI
$3.54B
| $4.3M | 0.01% |
173,200
-800
| -0.5% | -$18.4K |
|
1393
Oxford Industries
OXM
$542M
| $4.3M | 0.01% |
63,900
-9,900
| -13% | -$674K |
|
|
MORE
1394
DELISTED
Monogram Residential Trust, Inc.
MORE
| $4.28M | 0.01% |
434,200
+11,400
| +3% | +$104K |
|
1395
BOK Financial
BOKF
$8.75B
| $4.26M | 0.01% |
78,066
-12,400
| -14% | -$648K |
|
|
ESND
1396
DELISTED
Essendant Inc.
ESND
| $4.25M | 0.01% |
133,200
+10,900
| +9% | +$321K |
|
1397
Park National Corp
PRK
$3.67B
| $4.25M | 0.01% |
47,246
+2,200
| +5% | +$190K |
|
1398
UMB Financial
UMBF
$11.2B
| $4.25M | 0.01% |
82,339
-2,300
| -3% | -$110K |
|
1399
Horace Mann Educators
HMN
$2.12B
| $4.25M | 0.01% |
134,100
-700
| -0.5% | -$21.5K |
|
|
IBKC
1400
DELISTED
IBERIABANK Corp
IBKC
| $4.25M | 0.01% |
82,900
+1,100
| +1% | +$53.9K |
|
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.