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 | |
|---|---|---|---|---|---|---|
|
HK
1451
DELISTED
Halcon Resources Corporation
HK
| $4.62M | 0.01% |
6,766
+952
| +16% | +$930K |
|
|
IPXL
1452
DELISTED
Impax Laboratories, Inc.
IPXL
| $4.62M | 0.01% |
194,800
+44,200
| +29% | +$1.13M |
|
|
GEVA
1453
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $4.61M | 0.01% |
67,000
| – | – |
|
|
ANDX
1454
DELISTED
Andeavor Logistics LP
ANDX
| $4.61M | 0.01% |
65,100
+5,100
| +9% | +$358K |
|
|
SDLP
1455
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $4.6M | 0.01% |
14,750
| – | – |
|
|
LNCE
1456
DELISTED
Snyders-Lance, Inc.
LNCE
| $4.6M | 0.01% |
173,457
+600
| +0.3% | +$16.1K |
|
1457
Silgan Holdings
SLGN
$4.35B
| $4.59M | 0.01% |
195,548
-29,600
| -13% | -$739K |
|
|
PDCE
1458
DELISTED
PDC Energy, Inc.
PDCE
| $4.58M | 0.01% |
91,143
-10,782
| -11% | -$608K |
|
1459
Veeco
VECO
$3.07B
| $4.58M | 0.01% |
131,000
+8,500
| +7% | +$299K |
|
1460
Pricesmart
PSMT
$5.33B
| $4.57M | 0.01% |
53,400
+300
| +0.6% | +$26.1K |
|
|
HTS
1461
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $4.57M | 0.01% |
254,300
-93,900
| -27% | -$1.82M |
|
|
AYR
1462
DELISTED
Aircastle Ltd
AYR
| $4.56M | 0.01% |
278,683
+43,300
| +18% | +$787K |
|
|
ANR
1463
DELISTED
Alpha Natural Resources Inc
ANR
| $4.56M | 0.01% |
1,837,665
+446,400
| +32% | +$1.54M |
|
|
UIL
1464
DELISTED
UIL HOLDINGS
UIL
| $4.55M | 0.01% |
128,414
+7,300
| +6% | +$267K |
|
|
DWRE
1465
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $4.52M | 0.01% |
88,738
-9,664
| -10% | -$548K |
|
1466
Unisys
UIS
$205M
| $4.5M | 0.01% |
192,200
-34,346
| -15% | -$790K |
|
1467
Stratasys
SSYS
$782M
| $4.49M | 0.01% |
37,207
+3,295
| +10% | +$372K |
|
|
DRYS
1468
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
1469
DXP Enterprises
DXPE
$3.03B
| $4.47M | 0.01% |
60,682
+2,341
| +4% | +$178K |
|
|
MRC
1470
DELISTED
MRC Global
MRC
| $4.47M | 0.01% |
191,600
-177,000
| -48% | -$4.55M |
|
|
PTRY
1471
DELISTED
PANTRY INC (THE)
PTRY
| $4.47M | 0.01% |
220,800
+38,400
| +21% | +$735K |
|
1472
Unifirst Corp
UNF
$5.27B
| $4.47M | 0.01% |
46,233
+300
| +0.7% | +$29.8K |
|
|
DGI
1473
DELISTED
DigitalGlobe Inc.
DGI
| $4.46M | 0.01% |
156,600
| – | – |
|
|
SHLM
1474
DELISTED
Schulman (A.) Inc
SHLM
| $4.46M | 0.01% |
123,377
+17,100
| +16% | +$676K |
|
|
TIVO
1475
DELISTED
TIVO INC
TIVO
| $4.46M | 0.01% |
348,517
+21,892
| +7% | +$294K |
|
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.