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 | |
|---|---|---|---|---|---|---|
|
WMGI
1526
DELISTED
Wright Medical Group Inc
WMGI
| $4.21M | 0.01% |
139,000
+1,600
| +1% | +$49.3K |
|
|
AHT
1527
Ashford Hospitality Trust
AHT
$20.3M
| $4.21M | 0.01% |
442
+44
| +11% | +$471K |
|
|
NSR
1528
DELISTED
Neustar Inc
NSR
| $4.21M | 0.01% |
169,600
-23,400
| -12% | -$645K |
|
1529
Selective Insurance
SIGI
$5.6B
| $4.2M | 0.01% |
189,839
-3,800
| -2% | -$89.8K |
|
|
FSP
1530
Franklin Street Properties
FSP
$45.8M
| $4.2M | 0.01% |
374,093
+5,700
| +2% | +$69.1K |
|
|
ENV
1531
DELISTED
ENVESTNET, INC.
ENV
| $4.2M | 0.01% |
93,235
-9,745
| -9% | -$446K |
|
1532
Lesaka Technologies
LSAK
$414M
| $4.19M | 0.01% |
347,608
+5,900
| +2% | +$69.6K |
|
1533
Cathay General Bancorp
CATY
$4.25B
| $4.18M | 0.01% |
168,400
+4,200
| +3% | +$108K |
|
|
TRUE
1534
DELISTED
TrueCar
TRUE
| $4.18M | 0.01% |
232,814
+32,814
| +16% | +$547K |
|
1535
Crocs
CROX
$6.31B
| $4.18M | 0.01% |
332,005
+13,045
| +4% | +$196K |
|
1536
First Industrial Realty Trust
FR
$8.35B
| $4.17M | 0.01% |
246,907
+300
| +0.1% | +$5.47K |
|
|
CEQP
1537
DELISTED
Crestwood Equity Partners LP
CEQP
| $4.17M | 0.01% |
39,490
+280
| +0.7% | +$36.8K |
|
1538
Sprouts Farmers Market
SFM
$7.87B
| $4.17M | 0.01% |
143,400
| – | – |
|
|
MODV
1539
DELISTED
ModivCare
MODV
| $4.17M | 0.01% |
86,100
-5,300
| -6% | -$226K |
|
1540
ONE Gas
OGS
$5B
| $4.16M | 0.01% |
121,450
| – | – |
|
1541
Pacira BioSciences
PCRX
$972M
| $4.14M | 0.01% |
42,760
+9,055
| +27% | +$881K |
|
|
BITA
1542
DELISTED
Bitauto Holdings Limited
BITA
| $4.14M | 0.01% |
53,090
-693
| -1% | -$48.6K |
|
1543
La-Z-Boy
LZB
$1.66B
| $4.12M | 0.01% |
208,200
+1,800
| +0.9% | +$39K |
|
1544
Greif
GEF
$4.98B
| $4.12M | 0.01% |
94,020
-8,100
| -8% | -$404K |
|
|
EEQ
1545
DELISTED
Enbridge Energy Management Llc
EEQ
| $4.12M | 0.01% |
162,300
+5,268
| +3% | +$126K |
|
|
CBB
1546
DELISTED
Cincinnati Bell Inc.
CBB
| $4.12M | 0.01% |
244,341
-51,820
| -17% | -$976K |
|
1547
Take-Two Interactive
TTWO
$46.8B
| $4.11M | 0.01% |
178,200
+12,000
| +7% | +$272K |
|
1548
Calumet Specialty Products
CLMT
$4.05B
| $4.1M | 0.01% |
149,400
-27,600
| -16% | -$834K |
|
1549
Westamerica Bancorp
WABC
$1.36B
| $4.1M | 0.01% |
88,044
+1,100
| +1% | +$53.7K |
|
1550
Equinor
EQNR
$97.2B
| $4.09M | 0.01% |
150,498
+37,757
| +33% | +$1.09M |
|
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.