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 |
Coty
COTY
|
+$47.4M |
| 2 |
Yum China
YUMC
|
+$23.3M |
| 3 |
Howmet Aerospace
HWM
|
+$20.1M |
| 4 |
Adient
ADNT
|
+$10.4M |
| 5 |
Lamb Weston
LW
|
+$9.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$97.4M |
| 2 |
Microsoft
MSFT
|
+$66.2M |
| 3 |
Synchrony
SYF
|
+$64.1M |
| 4 |
JPMorgan Chase
JPM
|
+$56.3M |
| 5 |
ExxonMobil
XOM
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 14.35% |
| 3 | Healthcare | 12.28% |
| 4 | Industrials | 11.1% |
| 5 | Consumer Discretionary | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
AngioDynamics
ANGO
$651M
| $3.32M | 0.01% |
196,700
+98,300
| +100% | +$1.64M |
|
|
KATE
1577
DELISTED
Kate Spade & Company
KATE
| $3.32M | 0.01% |
177,600
-33,400
| -16% | -$547K |
|
|
TEN
1578
Tsakos Energy Navigation Ltd
TEN
$1.15B
| $3.31M | 0.01% |
141,280
-7,240
| -5% | -$170K |
|
|
SOHU
1579
Sohu.com
SOHU
$371M
| $3.3M | 0.01% |
97,500
+6,000
| +7% | +$224K |
|
1580
First Financial Bancorp
FFBC
$3.57B
| $3.3M | 0.01% |
115,900
+1,100
| +1% | +$27.1K |
|
|
GNC
1581
DELISTED
GNC Holdings, Inc.
GNC
| $3.29M | 0.01% |
298,300
+44,500
| +18% | +$696K |
|
1582
Methode Electronics
MEI
$595M
| $3.29M | 0.01% |
79,600
+2,500
| +3% | +$91.7K |
|
1583
Korn Ferry
KFY
$4.25B
| $3.29M | 0.01% |
111,700
-13,100
| -10% | -$319K |
|
1584
Heartland Express
HTLD
$914M
| $3.28M | 0.01% |
161,100
-9,700
| -6% | -$195K |
|
|
ANH
1585
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.28M | 0.01% |
634,300
-61,000
| -9% | -$308K |
|
1586
CVB Financial
CVBF
$4.02B
| $3.28M | 0.01% |
142,900
+6,600
| +5% | +$131K |
|
1587
Andersons Inc
ANDE
$2.18B
| $3.27M | 0.01% |
73,200
+200
| +0.3% | +$7.82K |
|
|
HIBB
1588
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $3.27M | 0.01% |
87,600
-2,300
| -3% | -$93.2K |
|
1589
Stepan Co
SCL
$1.48B
| $3.26M | 0.01% |
40,000
-15,800
| -28% | -$1.22M |
|
1590
Oxford Industries
OXM
$542M
| $3.23M | 0.01% |
53,800
-3,100
| -5% | -$204K |
|
1591
Silicon Motion
SIMO
$7.6B
| $3.23M | 0.01% |
76,100
-42,400
| -36% | -$1.94M |
|
|
EXPR
1592
DELISTED
Express, Inc.
EXPR
| $3.23M | 0.01% |
15,005
-250
| -2% | -$61.4K |
|
|
CBPO
1593
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $3.23M | 0.01% |
30,000
-9,700
| -24% | -$1.13M |
|
1594
News Corp Class B
NWS
$17.7B
| $3.22M | 0.01% |
273,200
+2,300
| +0.8% | +$29.2K |
|
|
TARO
1595
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.22M | 0.01% |
30,600
-8,500
| -22% | -$890K |
|
1596
Simpson Manufacturing
SSD
$8.19B
| $3.21M | 0.01% |
73,400
-5,600
| -7% | -$251K |
|
|
SWC
1597
DELISTED
Stillwater Mining Co
SWC
| $3.21M | 0.01% |
199,300
-71,200
| -26% | -$1.02M |
|
1598
Enova International
ENVA
$6.4B
| $3.21M | 0.01% |
255,583
-6,600
| -3% | -$71.2K |
|
1599
Pilgrim's Pride
PPC
$6.4B
| $3.21M | 0.01% |
168,900
-16,300
| -9% | -$318K |
|
1600
United Parks & Resorts
PRKS
$2B
| $3.19M | 0.01% |
168,500
-42,500
| -20% | -$697K |
|
Similar funds
California Public Employees Retirement System's Q4 2016 Portfolio in Review
As of Q4 2016, California Public Employees Retirement System held 3,549 positions worth $59.6B, down 2% from $60.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.56B in Q4 2016, closing 113 positions and reducing 2,056 holdings. Its most notable exit was LinkedIn Corporation, an estimated $47.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Yum China worth $22.3M.
- California Public Employees Retirement System's largest Q4 2016 buy was Yum China: 854,662 shares worth $22.3M.
- California Public Employees Retirement System added most to Coty in Q4 2016, an estimated $47.4M increase.
- California Public Employees Retirement System's biggest Q4 2016 reduction was Apple, cutting an estimated $97.4M.
- California Public Employees Retirement System fully exited LinkedIn Corporation in Q4 2016, selling an estimated $47.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $59.6B portfolio in Q4 2016.
- California Public Employees Retirement System opened 69 new positions and closed 113 in Q4 2016.
- California Public Employees Retirement System's portfolio value fell 2% quarter-over-quarter to $59.6B.
Based on California Public Employees Retirement System's 13F filing for Q4 2016, filed 10 Feb 2017.