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 | |
|---|---|---|---|---|---|---|
1576
City Holding Co
CHCO
$2.06B
| $3.33M | 0.01% |
73,304
-5,600
| -7% | -$268K |
|
|
BLD
1577
DELISTED
TopBuild
BLD
| $3.32M | 0.01% |
91,800
+5,200
| +6% | +$176K |
|
1578
Mercury Systems
MRCY
$6.55B
| $3.32M | 0.01% |
133,596
+14,700
| +12% | +$316K |
|
1579
Gentherm
THRM
$1.27B
| $3.32M | 0.01% |
96,900
-8,700
| -8% | -$330K |
|
1580
MidCap Financial Investment
MFIC
$804M
| $3.31M | 0.01% |
199,333
-15,867
| -7% | -$266K |
|
|
CSH
1581
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $3.31M | 0.01% |
77,700
-1,900
| -2% | -$73.5K |
|
|
VRTU
1582
DELISTED
Virtusa Corporation
VRTU
| $3.3M | 0.01% |
114,300
+32,099
| +39% | +$1.12M |
|
|
ALEX
1583
DELISTED
Alexander & Baldwin
ALEX
| $3.3M | 0.01% |
91,300
-4,200
| -4% | -$155K |
|
1584
Texas Pacific Land
TPL
$25.2B
| $3.29M | 0.01% |
175,500
+7,200
| +4% | +$128K |
|
1585
Kelly Services Class A
KELYA
$536M
| $3.29M | 0.01% |
173,300
-14,200
| -8% | -$271K |
|
1586
Caesarstone
CSTE
$104M
| $3.29M | 0.01% |
94,500
-2,600
| -3% | -$96.2K |
|
1587
Main Street Capital
MAIN
$5.52B
| $3.27M | 0.01% |
99,600
+2,000
| +2% | +$63.7K |
|
1588
Simpson Manufacturing
SSD
$8.19B
| $3.27M | 0.01% |
81,800
+2,100
| +3% | +$80.8K |
|
1589
Essent Group
ESNT
$6.08B
| $3.27M | 0.01% |
149,700
-3,800
| -2% | -$79.1K |
|
|
ZEN
1590
DELISTED
ZENDESK INC
ZEN
| $3.26M | 0.01% |
123,700
-3,900
| -3% | -$94.2K |
|
1591
Mine Safety
MSA
$7.44B
| $3.26M | 0.01% |
62,088
-5,700
| -8% | -$282K |
|
1592
SouthState Bank Corp
SSB
$10.7B
| $3.26M | 0.01% |
47,900
+1,500
| +3% | +$103K |
|
1593
ICU Medical
ICUI
$4.55B
| $3.26M | 0.01% |
28,900
-3,700
| -11% | -$384K |
|
|
VG
1594
DELISTED
Vonage Holdings Corporation
VG
| $3.26M | 0.01% |
533,800
-89,600
| -14% | -$423K |
|
|
TIVO
1595
DELISTED
TIVO INC
TIVO
| $3.26M | 0.01% |
328,900
-20,800
| -6% | -$201K |
|
|
GTY
1596
Getty Realty Corp
GTY
$2B
| $3.25M | 0.01% |
151,707
+18,700
| +14% | +$382K |
|
1597
Archrock
AROC
$5.78B
| $3.25M | 0.01% |
345,282
+30,600
| +10% | +$241K |
|
1598
CNA Financial
CNA
$13.8B
| $3.25M | 0.01% |
103,540
+1,200
| +1% | +$38.3K |
|
1599
News Corp Class B
NWS
$17.7B
| $3.25M | 0.01% |
278,600
+2,600
| +0.9% | +$32.4K |
|
|
YDKN
1600
DELISTED
Yadkin Financial Corporation
YDKN
| $3.25M | 0.01% |
129,541
+3,000
| +2% | +$75.1K |
|
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.