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 | |
|---|---|---|---|---|---|---|
|
HPY
1401
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $4.93M | 0.01% |
103,400
+200
| +0.2% | +$9.3K |
|
1402
Toll Brothers
TOL
$14.3B
| $4.93M | 0.01% |
158,156
-17,059
| -10% | -$584K |
|
1403
Steven Madden
SHOO
$3.53B
| $4.92M | 0.01% |
228,878
+5,838
| +3% | +$131K |
|
1404
Insulet
PODD
$10B
| $4.92M | 0.01% |
133,415
-5,685
| -4% | -$208K |
|
1405
Interactive Brokers
IBKR
$40.7B
| $4.91M | 0.01% |
787,532
-74,516
| -9% | -$443K |
|
1406
Kaiser Aluminum
KALU
$3.16B
| $4.9M | 0.01% |
64,244
+4,809
| +8% | +$372K |
|
|
MGAM
1407
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $4.89M | 0.01% |
135,800
| – | – |
|
|
BMCH
1408
DELISTED
BMC Stock Holdings, Inc
BMCH
| $4.87M | 0.01% |
310,000
| – | – |
|
|
AAN.A
1409
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $4.87M | 0.01% |
200,200
-109,740
| -35% | -$2.67M |
|
|
IOC
1410
DELISTED
Interoil Corporation
IOC
| $4.86M | 0.01% |
89,500
| – | – |
|
1411
KB Home
KBH
$3.54B
| $4.85M | 0.01% |
324,600
-49,100
| -13% | -$843K |
|
1412
Louisiana-Pacific
LPX
$5.28B
| $4.85M | 0.01% |
356,800
| – | – |
|
|
TRAK
1413
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $4.85M | 0.01% |
111,655
+15,400
| +16% | +$653K |
|
1414
MidCap Financial Investment
MFIC
$804M
| $4.83M | 0.01% |
196,933
+192,466
| +4,309% | +$4.99M |
|
1415
Semtech
SMTC
$12.2B
| $4.82M | 0.01% |
177,640
-900
| -0.5% | -$22.6K |
|
1416
Cimpress
CMPR
$2.32B
| $4.82M | 0.01% |
88,000
+4,500
| +5% | +$206K |
|
1417
Bruker
BRKR
$8.69B
| $4.81M | 0.01% |
259,900
-28,000
| -10% | -$598K |
|
|
ELME
1418
Elme Communities
ELME
$144M
| $4.81M | 0.01% |
189,595
+900
| +0.5% | +$24K |
|
1419
FNB Corp
FNB
$6.8B
| $4.81M | 0.01% |
401,122
+15,674
| +4% | +$194K |
|
|
AMSG
1420
DELISTED
Amsurg Corp
AMSG
| $4.81M | 0.01% |
96,031
+336
| +0.4% | +$16.8K |
|
|
EXXI
1421
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $4.8M | 0.01% |
423,291
+157,700
| +59% | +$2.8M |
|
1422
Advanced Energy
AEIS
$13.1B
| $4.78M | 0.01% |
254,400
-3,000
| -1% | -$55.2K |
|
1423
Hope Bancorp
HOPE
$1.82B
| $4.77M | 0.01% |
326,892
+1,100
| +0.3% | +$16.5K |
|
|
MDCO
1424
DELISTED
Medicines Co
MDCO
| $4.76M | 0.01% |
213,500
+1,100
| +0.5% | +$27.9K |
|
|
PEI
1425
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $4.76M | 0.01% |
15,919
+813
| +5% | +$240K |
|
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.