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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCS
1501
DELISTED
Steelcase
SCS
| $3.72M | 0.01% |
274,000
-8,100
| -3% | -$123K |
|
1502
Veeva Systems
VEEV
$38.5B
| $3.7M | 0.01% |
108,500
-2,700
| -2% | -$80.2K |
|
|
FNSR
1503
DELISTED
Finisar Corp
FNSR
| $3.7M | 0.01% |
211,300
-6,600
| -3% | -$113K |
|
|
SYNT
1504
DELISTED
Syntel Inc
SYNT
| $3.7M | 0.01% |
81,700
-2,300
| -3% | -$104K |
|
1505
Semtech
SMTC
$12.2B
| $3.7M | 0.01% |
154,900
+10,500
| +7% | +$238K |
|
|
NAV
1506
DELISTED
Navistar International
NAV
| $3.68M | 0.01% |
314,500
+25,500
| +9% | +$316K |
|
|
IOC
1507
DELISTED
Interoil Corporation
IOC
| $3.68M | 0.01% |
81,700
-2,600
| -3% | -$95.7K |
|
|
LTRPA
1508
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $3.68M | 0.01% |
168,000
-500
| -0.3% | -$11K |
|
1509
Orthofix Medical
OFIX
$430M
| $3.67M | 0.01% |
86,600
-5,800
| -6% | -$252K |
|
|
ELNK
1510
DELISTED
EarthLink Holdings Corp.
ELNK
| $3.67M | 0.01% |
573,603
-74,800
| -12% | -$458K |
|
|
DCH
1511
Dauch Corp
DCH
$1.63B
| $3.67M | 0.01% |
253,300
+14,400
| +6% | +$224K |
|
|
SWC
1512
DELISTED
Stillwater Mining Co
SWC
| $3.67M | 0.01% |
309,100
-6,500
| -2% | -$69.5K |
|
1513
US Foods
USFD
$24.3B
| $3.66M | 0.01% |
+151,000
| New | +$3.69M |
|
1514
Acco Brands
ACCO
$400M
| $3.66M | 0.01% |
353,925
-11,400
| -3% | -$110K |
|
|
CZR
1515
DELISTED
Caesars Entertainment Corporation
CZR
| $3.65M | 0.01% |
474,000
+66,800
| +16% | +$496K |
|
|
AAT
1516
American Assets Trust
AAT
$1.37B
| $3.62M | 0.01% |
85,400
+23,900
| +39% | +$960K |
|
1517
NETGEAR
NTGR
$636M
| $3.62M | 0.01% |
76,200
-11,200
| -13% | -$481K |
|
1518
STAG Industrial
STAG
$7.12B
| $3.62M | 0.01% |
152,000
+1,800
| +1% | +$38.3K |
|
|
TIVO
1519
DELISTED
Tivo Inc
TIVO
| $3.62M | 0.01% |
231,335
-29,500
| -11% | -$496K |
|
1520
Central Pacific Financial
CPF
$1B
| $3.62M | 0.01% |
153,200
-700
| -0.5% | -$16K |
|
1521
Patrick Industries
PATK
$2.81B
| $3.61M | 0.01% |
134,663
-2,475
| -2% | -$55.3K |
|
|
INFN
1522
DELISTED
Infinera Corporation Common Stock
INFN
| $3.59M | 0.01% |
318,200
-9,900
| -3% | -$129K |
|
|
AIFU
1523
AIFU Inc
AIFU
$221M
| $3.59M | 0.01% |
1,261
-33
| -3% | -$98K |
|
1524
US Physical Therapy
USPH
$1.21B
| $3.58M | 0.01% |
59,500
+700
| +1% | +$38.4K |
|
1525
Enpro
NPO
$7.12B
| $3.58M | 0.01% |
80,700
+300
| +0.4% | +$15.5K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.