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 |
Kraft Heinz
KHC
|
+$110M |
| 2 |
NETSCOUT
NTCT
|
+$109M |
| 3 |
PayPal
PYPL
|
+$101M |
| 4 |
Alibaba
BABA
|
+$61.5M |
| 5 |
AT&T
T
|
+$55.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$115M |
| 5 |
Apple
AAPL
|
+$59.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.45% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 14.19% |
| 4 | Industrials | 10.86% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SNBR
1401
DELISTED
Sleep Number
SNBR
| $4.13M | 0.01% |
188,900
| – | – |
|
1402
Oil States International
OIS
$532M
| $4.13M | 0.01% |
158,000
+15,000
| +10% | +$444K |
|
1403
Insperity
NSP
$1.94B
| $4.12M | 0.01% |
187,644
-14,400
| -7% | -$342K |
|
|
CCMP
1404
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.12M | 0.01% |
106,300
-4,200
| -4% | -$183K |
|
|
BRKL
1405
DELISTED
Brookline Bancorp
BRKL
| $4.12M | 0.01% |
405,786
-16,600
| -4% | -$181K |
|
1406
CONMED
CNMD
$1.48B
| $4.11M | 0.01% |
86,000
+8,800
| +11% | +$483K |
|
|
ESND
1407
DELISTED
Essendant Inc.
ESND
| $4.1M | 0.01% |
126,300
-2,500
| -2% | -$88.5K |
|
|
SOHU
1408
Sohu.com
SOHU
$371M
| $4.09M | 0.01% |
99,100
+500
| +0.5% | +$23.2K |
|
|
COHR
1409
DELISTED
Coherent Inc
COHR
| $4.09M | 0.01% |
74,800
+500
| +0.7% | +$29.2K |
|
|
FMBI
1410
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $4.09M | 0.01% |
233,300
-3,600
| -2% | -$65.5K |
|
|
AWAY
1411
DELISTED
HOMEAWAY INC COM
AWAY
| $4.09M | 0.01% |
154,200
+7,200
| +5% | +$212K |
|
1412
HEICO Corp Class A
HEI.A
$37B
| $4.09M | 0.01% |
219,971
-6,958
| -3% | -$130K |
|
|
LTRPA
1413
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $4.08M | 0.01% |
183,800
-5,900
| -3% | -$163K |
|
|
ABAX
1414
DELISTED
Abaxis Inc
ABAX
| $4.07M | 0.01% |
92,562
-600
| -0.6% | -$29.5K |
|
|
FLTX
1415
DELISTED
Fleetmatics Group PLC
FLTX
| $4.07M | 0.01% |
82,900
-14,300
| -15% | -$681K |
|
|
HF
1416
DELISTED
HFF Inc.
HF
| $4.07M | 0.01% |
120,400
+1,500
| +1% | +$59.2K |
|
1417
Mueller Water Products
MWA
$4.09B
| $4.06M | 0.01% |
530,600
-3,200
| -0.6% | -$27.4K |
|
1418
Coty
COTY
$2.48B
| $4.06M | 0.01% |
150,100
+7,000
| +5% | +$199K |
|
|
PHX
1419
DELISTED
PHX Minerals
PHX
| $4.06M | 0.01% |
251,300
+160,000
| +175% | +$2.84M |
|
|
PLKI
1420
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $4.05M | 0.01% |
71,800
+5,600
| +8% | +$323K |
|
1421
ICU Medical
ICUI
$4.55B
| $4.04M | 0.01% |
36,900
+4,800
| +15% | +$513K |
|
|
PMCS
1422
DELISTED
P M C SIERRA INC
PMCS
| $4.04M | 0.01% |
596,900
-15,800
| -3% | -$107K |
|
|
CSG
1423
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $4.03M | 0.01% |
621,500
+700
| +0.1% | +$4.99K |
|
1424
Northern Oil and Gas
NOG
$2.58B
| $4.03M | 0.01% |
91,160
+77,620
| +573% | +$3.97M |
|
1425
Brady Corp
BRC
$4.48B
| $4.03M | 0.01% |
204,900
-11,300
| -5% | -$255K |
|
Similar funds
California Public Employees Retirement System's Q3 2015 Portfolio in Review
As of Q3 2015, California Public Employees Retirement System held 3,738 positions worth $58.9B, down 12% from $66.6B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $2.02B in Q3 2015, closing 89 positions and reducing 1,790 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $798M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Kraft Heinz worth $103M.
- California Public Employees Retirement System's largest Q3 2015 buy was Kraft Heinz: 1,459,670 shares worth $103M.
- California Public Employees Retirement System added most to NETSCOUT in Q3 2015, an estimated $109M increase.
- California Public Employees Retirement System's biggest Q3 2015 reduction was eBay, cutting an estimated $115M.
- California Public Employees Retirement System fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $798M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $58.9B portfolio in Q3 2015.
- California Public Employees Retirement System opened 61 new positions and closed 89 in Q3 2015.
- California Public Employees Retirement System's portfolio value fell 12% quarter-over-quarter to $58.9B.
Based on California Public Employees Retirement System's 13F filing for Q3 2015, filed 13 Nov 2015.