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 |
Medtronic
MDT
|
+$302M |
| 2 |
Visa
V
|
+$277M |
| 3 |
AGN
Allergan plc
AGN
|
+$101M |
| 4 |
Equinix
EQIX
|
+$36.2M |
| 5 |
Qorvo
QRVO
|
+$30.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$179M |
| 2 |
Wells Fargo
WFC
|
+$126M |
| 3 |
Microsoft
MSFT
|
+$117M |
| 4 |
Johnson & Johnson
JNJ
|
+$97.2M |
| 5 |
Occidental Petroleum
OXY
|
+$97.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Healthcare | 14.6% |
| 3 | Technology | 14.14% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 9.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAWW
1501
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $4.26M | 0.01% |
77,500
-900
| -1% | -$46.5K |
|
|
HRG
1502
DELISTED
HRG Group, Inc.
HRG
| $4.25M | 0.01% |
327,000
-29,700
| -8% | -$376K |
|
|
SYKE
1503
DELISTED
SYKES Enterprises Inc
SYKE
| $4.25M | 0.01% |
175,265
-700
| -0.4% | -$17.3K |
|
1504
Children's Place
PLCE
$58.3M
| $4.25M | 0.01% |
64,900
-8,800
| -12% | -$572K |
|
1505
TTM Technologies
TTMI
$13.7B
| $4.22M | 0.01% |
422,348
+92,595
| +28% | +$901K |
|
1506
UMB Financial
UMBF
$11.1B
| $4.21M | 0.01% |
73,739
+300
| +0.4% | +$16.1K |
|
1507
MasTec
MTZ
$21.5B
| $4.2M | 0.01% |
211,400
-5,089
| -2% | -$95.1K |
|
|
PEI
1508
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $4.19M | 0.01% |
13,089
-2,937
| -18% | -$990K |
|
1509
MKS Inc
MKSI
$19.8B
| $4.19M | 0.01% |
110,400
+100
| +0.1% | +$3.64K |
|
1510
Darling Ingredients
DAR
$9.91B
| $4.19M | 0.01% |
285,700
-11,800
| -4% | -$174K |
|
|
SAFE
1511
Safehold
SAFE
$1.09B
| $4.18M | 0.01% |
64,505
-14,367
| -18% | -$973K |
|
|
TIVO
1512
DELISTED
Tivo Inc
TIVO
| $4.17M | 0.01% |
261,435
-47,590
| -15% | -$835K |
|
|
ALX
1513
Alexander's
ALX
$1.38B
| $4.17M | 0.01% |
10,159
+2,300
| +29% | +$979K |
|
|
FCH
1514
DELISTED
Felcor Lodging Trust
FCH
| $4.16M | 0.01% |
420,759
-24,200
| -5% | -$265K |
|
1515
NETSCOUT
NTCT
$2.81B
| $4.16M | 0.01% |
113,300
-18,600
| -14% | -$764K |
|
|
WEB
1516
DELISTED
Web.com Group, Inc.
WEB
| $4.15M | 0.01% |
171,200
-4,800
| -3% | -$104K |
|
|
NTI
1517
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $4.14M | 0.01% |
174,400
-31,300
| -15% | -$781K |
|
|
BECN
1518
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $4.14M | 0.01% |
124,600
+1,800
| +1% | +$56.6K |
|
1519
Park National Corp
PRK
$3.63B
| $4.14M | 0.01% |
47,346
+100
| +0.2% | +$8.54K |
|
1520
News Corp Class B
NWS
$17.6B
| $4.13M | 0.01% |
290,300
-675,050
| -70% | -$10.2M |
|
1521
Kaiser Aluminum
KALU
$3.06B
| $4.12M | 0.01% |
49,630
-11,431
| -19% | -$929K |
|
|
CHSP
1522
DELISTED
Chesapeake Lodging Trust
CHSP
| $4.12M | 0.01% |
135,177
-34,270
| -20% | -$1.08M |
|
|
RYL
1523
DELISTED
RYLAND GROUP INC
RYL
| $4.12M | 0.01% |
88,800
-18,912
| -18% | -$840K |
|
|
NYRT
1524
DELISTED
New York REIT, Inc.
NYRT
| $4.12M | 0.01% |
41,380
-10
| -0% | -$977 |
|
1525
Churchill Downs
CHDN
$6.02B
| $4.11M | 0.01% |
197,400
+36,600
| +23% | +$739K |
|
Similar funds
California Public Employees Retirement System's Q2 2015 Portfolio in Review
As of Q2 2015, California Public Employees Retirement System held 3,921 positions worth $66.6B, down 8% from $72.4B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $6.88B in Q2 2015, closing 244 positions and reducing 1,591 holdings. Its most notable exit was Allergan Inc, an estimated $179M 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 Healthcare and Technology.
Against the trend, California Public Employees Retirement System opened a new position in Medtronic worth $293M.
- California Public Employees Retirement System's largest Q2 2015 buy was Medtronic: 3,948,339 shares worth $293M.
- California Public Employees Retirement System added most to Visa in Q2 2015, an estimated $277M increase.
- California Public Employees Retirement System's biggest Q2 2015 reduction was Wells Fargo, cutting an estimated $126M.
- California Public Employees Retirement System fully exited Allergan Inc in Q2 2015, selling an estimated $179M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $66.6B portfolio in Q2 2015.
- California Public Employees Retirement System opened 110 new positions and closed 244 in Q2 2015.
- California Public Employees Retirement System's portfolio value fell 8% quarter-over-quarter to $66.6B.
Based on California Public Employees Retirement System's 13F filing for Q2 2015, filed 14 Aug 2015.