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 | |
|---|---|---|---|---|---|---|
|
FMBI
1426
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $5.06M | 0.01% |
297,322
-12,700
| -4% | -$210K |
|
|
ESND
1427
DELISTED
Essendant Inc.
ESND
| $5.05M | 0.01% |
121,700
-1,600
| -1% | -$62.7K |
|
1428
AZZ Inc
AZZ
$4.58B
| $5.05M | 0.01% |
109,500
-1,100
| -1% | -$48.5K |
|
|
ENV
1429
DELISTED
ENVESTNET, INC.
ENV
| $5.04M | 0.01% |
102,980
+38,060
| +59% | +$1.54M |
|
|
TCP
1430
DELISTED
TC Pipelines LP
TCP
| $5.04M | 0.01% |
97,500
+100
| +0.1% | +$5.11K |
|
|
MBFI
1431
DELISTED
MB Financial Corp
MBFI
| $5.03M | 0.01% |
185,874
-7,070
| -4% | -$198K |
|
|
NSR
1432
DELISTED
Neustar Inc
NSR
| $5.02M | 0.01% |
193,000
-6,727
| -3% | -$183K |
|
|
SAPE
1433
DELISTED
SAPIENT CORP
SAPE
| $5.02M | 0.01% |
309,000
-30,400
| -9% | -$500K |
|
1434
Interactive Brokers
IBKR
$41.1B
| $5.02M | 0.01% |
862,048
-46,684
| -5% | -$268K |
|
1435
Allegiant Air
ALGT
$2.41B
| $5.01M | 0.01% |
42,547
+1,300
| +3% | +$152K |
|
|
HDS
1436
DELISTED
HD Supply Holdings, Inc.
HDS
| $5M | 0.01% |
176,300
+22,800
| +15% | +$607K |
|
1437
Franklin Electric
FELE
$4.75B
| $5M | 0.01% |
124,033
-1,478
| -1% | -$58.6K |
|
|
HIBB
1438
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5M | 0.01% |
92,254
+171
| +0.2% | +$9.21K |
|
|
AJRD
1439
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $4.99M | 0.01% |
261,260
-44,765
| -15% | -$816K |
|
|
CSH
1440
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $4.99M | 0.01% |
247,370
+9,697
| +4% | +$195K |
|
|
RJET
1441
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $4.98M | 0.01% |
459,400
+17,900
| +4% | +$174K |
|
1442
Caesarstone
CSTE
$88.2M
| $4.97M | 0.01% |
101,300
-5,600
| -5% | -$285K |
|
|
BPT
1443
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $4.97M | 0.01% |
50,200
| – | – |
|
1444
Pebblebrook Hotel Trust
PEB
$2B
| $4.97M | 0.01% |
134,376
-11,719
| -8% | -$411K |
|
1445
MBIA
MBI
$256M
| $4.96M | 0.01% |
449,300
+77,200
| +21% | +$951K |
|
1446
United Bankshares
UBSI
$6.58B
| $4.96M | 0.01% |
153,296
+1,100
| +0.7% | +$33.5K |
|
1447
Advanced Energy
AEIS
$12.6B
| $4.96M | 0.01% |
257,400
-25,365
| -9% | -$519K |
|
|
AD
1448
Array Digital Infrastructure
AD
$3.03B
| $4.95M | 0.01% |
121,255
+700
| +0.6% | +$28.7K |
|
|
WEB
1449
DELISTED
Web.com Group, Inc.
WEB
| $4.94M | 0.01% |
171,200
-19,200
| -10% | -$631K |
|
1450
FNB Corp
FNB
$6.75B
| $4.94M | 0.01% |
385,448
-12,000
| -3% | -$151K |
|
Similar funds
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.