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 | |
|---|---|---|---|---|---|---|
1576
Korn Ferry
KFY
$4.25B
| $3.98M | 0.01% |
159,932
+15,382
| +11% | +$452K |
|
|
FNSR
1577
DELISTED
Finisar Corp
FNSR
| $3.97M | 0.01% |
238,900
| – | – |
|
|
RAVN
1578
DELISTED
Raven Industries Inc
RAVN
| $3.97M | 0.01% |
162,790
+400
| +0.2% | +$11.4K |
|
|
DCH
1579
Dauch Corp
DCH
$1.64B
| $3.97M | 0.01% |
236,695
+25,617
| +12% | +$471K |
|
1580
MillerKnoll
MLKN
$1.62B
| $3.97M | 0.01% |
132,900
-500
| -0.4% | -$15K |
|
1581
Advanced Micro Devices
AMD
$774B
| $3.96M | 0.01% |
1,161,324
-1,142,600
| -50% | -$4.62M |
|
1582
Altisource Portfolio Solutions
ASPS
$63.7M
| $3.95M | 0.01% |
4,899
| – | – |
|
1583
RBC Bearings
RBC
$17.5B
| $3.95M | 0.01% |
69,600
| – | – |
|
|
PLKI
1584
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $3.95M | 0.01% |
97,424
+500
| +0.5% | +$20.3K |
|
|
RESI
1585
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $3.95M | 0.01% |
164,430
+45,130
| +38% | +$1.12M |
|
1586
WD-40
WDFC
$3.13B
| $3.94M | 0.01% |
58,036
| – | – |
|
1587
Repligen
RGEN
$9.3B
| $3.94M | 0.01% |
197,753
-101
| -0.1% | -$2.13K |
|
|
NM
1588
DELISTED
Navios Maritime Holdings Inc.
NM
| $3.94M | 0.01% |
65,592
+54,210
| +476% | +$4.58M |
|
|
LGCY
1589
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
| $3.93M | 0.01% |
132,300
+3,300
| +3% | +$100K |
|
|
AHGP
1590
DELISTED
Alliance Holdings GP
AHGP
| $3.92M | 0.01% |
57,400
+400
| +0.7% | +$27.9K |
|
1591
Adtran
ADTN
$632M
| $3.91M | 0.01% |
190,620
+11,208
| +6% | +$251K |
|
1592
ServiceNow
NOW
$132B
| $3.9M | 0.01% |
331,800
-5,325
| -2% | -$62.8K |
|
1593
Otter Tail
OTTR
$3.96B
| $3.89M | 0.01% |
145,800
+11,600
| +9% | +$328K |
|
1594
ABM Industries
ABM
$2.83B
| $3.88M | 0.01% |
151,076
+4,831
| +3% | +$127K |
|
|
YOKU
1595
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $3.87M | 0.01% |
216,200
| – | – |
|
1596
UMB Financial
UMBF
$11.2B
| $3.87M | 0.01% |
70,939
+2,500
| +4% | +$144K |
|
1597
Group 1 Automotive
GPI
$3.17B
| $3.85M | 0.01% |
52,900
-300
| -0.6% | -$23.4K |
|
|
BGG
1598
DELISTED
Briggs & Stratton Corp.
BGG
| $3.83M | 0.01% |
212,800
+1,200
| +0.6% | +$23.5K |
|
|
SJI
1599
DELISTED
South Jersey Industries, Inc.
SJI
| $3.83M | 0.01% |
143,600
+400
| +0.3% | +$11.2K |
|
1600
Post Holdings
POST
$3.56B
| $3.83M | 0.01% |
176,346
-20,364
| -10% | -$543K |
|
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.