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 | |
|---|---|---|---|---|---|---|
1576
HUB Group
HUBG
$2.9B
| $4.29M | 0.01% |
170,400
+200
| +0.1% | +$4.56K |
|
1577
Rambus
RMBS
$10.4B
| $4.29M | 0.01% |
299,700
| – | – |
|
|
AHT
1578
Ashford Hospitality Trust
AHT
$20.7M
| $4.28M | 0.01% |
398
+47
| +13% | +$467K |
|
1579
TotalEnergies
TTE
$195B
| $4.28M | 0.01% |
+37,523,937,165
| New | +$3.75M |
|
1580
Kelly Services Class A
KELYA
$544M
| $4.27M | 0.01% |
248,870
+30,190
| +14% | +$594K |
|
1581
OSI Systems
OSIS
$3.83B
| $4.27M | 0.01% |
64,010
+680
| +1% | +$40.6K |
|
1582
Quaker Houghton
KWR
$2.96B
| $4.27M | 0.01% |
55,600
-1,200
| -2% | -$91.2K |
|
1583
Provident Financial Services
PFS
$3.17B
| $4.27M | 0.01% |
246,473
-2,600
| -1% | -$45.2K |
|
|
PEI
1584
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $4.26M | 0.01% |
15,106
-526
| -3% | -$139K |
|
|
UN
1585
DELISTED
Unilever NV New York Registry Shares
UN
| $4.26M | 0.01% |
+97,401
| New | +$4.18M |
|
|
OAK
1586
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $4.25M | 0.01% |
85,100
| – | – |
|
|
HPY
1587
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $4.25M | 0.01% |
103,200
-2,600
| -2% | -$106K |
|
1588
Korn Ferry
KFY
$4.3B
| $4.25M | 0.01% |
144,550
+2,677
| +2% | +$79.1K |
|
1589
World Acceptance Corp
WRLD
$871M
| $4.24M | 0.01% |
55,828
-610
| -1% | -$47.5K |
|
|
PLKI
1590
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $4.24M | 0.01% |
96,924
+23,562
| +32% | +$961K |
|
1591
Universal Electronics
UEIC
$71.6M
| $4.24M | 0.01% |
86,632
+29,732
| +52% | +$1.23M |
|
|
HOS
1592
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $4.24M | 0.01% |
90,266
+19,866
| +28% | +$843K |
|
|
EXAS
1593
DELISTED
Exact Sciences
EXAS
| $4.23M | 0.01% |
248,434
+5,940
| +2% | +$81.8K |
|
|
PRFT
1594
DELISTED
Perficient Inc
PRFT
| $4.23M | 0.01% |
217,162
-46,100
| -18% | -$835K |
|
1595
Ezcorp Inc
EZPW
$1.67B
| $4.22M | 0.01% |
365,783
+23,600
| +7% | +$270K |
|
|
TIVO
1596
DELISTED
TIVO INC
TIVO
| $4.22M | 0.01% |
326,625
-3,600
| -1% | -$43.7K |
|
|
CCMP
1597
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.21M | 0.01% |
94,308
+7,200
| +8% | +$312K |
|
|
FCH
1598
DELISTED
Felcor Lodging Trust
FCH
| $4.2M | 0.01% |
399,959
-5,800
| -1% | -$55.8K |
|
1599
Cathay General Bancorp
CATY
$4.23B
| $4.2M | 0.01% |
164,200
-7,500
| -4% | -$185K |
|
|
VNR
1600
DELISTED
Vanguard Natural Resources, LLC
VNR
| $4.2M | 0.01% |
130,300
+6,800
| +6% | +$209K |
|
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.