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 | |
|---|---|---|---|---|---|---|
|
ECHO
1601
DELISTED
Echo Global Logistics, Inc.
ECHO
| $3.82M | 0.01% |
162,337
+17,160
| +12% | +$397K |
|
1602
TotalEnergies
TTE
$195B
| $3.82M | 0.01% |
37,523,937,165
| – | – |
|
1603
Encompass Health
EHC
$12.4B
| $3.81M | 0.01% |
129,722
+4,525
| +4% | +$138K |
|
|
NUVA
1604
DELISTED
NuVasive, Inc.
NUVA
| $3.81M | 0.01% |
109,200
| – | – |
|
|
QLIK
1605
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $3.8M | 0.01% |
140,600
| – | – |
|
1606
Banner Corp
BANR
$2.47B
| $3.8M | 0.01% |
98,803
+1,300
| +1% | +$51K |
|
|
B
1607
DELISTED
Barnes Group Inc.
B
| $3.8M | 0.01% |
125,095
-300
| -0.2% | -$10.5K |
|
|
FCH
1608
DELISTED
Felcor Lodging Trust
FCH
| $3.8M | 0.01% |
405,659
+5,700
| +1% | +$58.1K |
|
|
LOGM
1609
DELISTED
LogMein, Inc.
LOGM
| $3.79M | 0.01% |
82,316
+17,316
| +27% | +$747K |
|
|
SNBR
1610
DELISTED
Sleep Number
SNBR
| $3.79M | 0.01% |
181,080
-178
| -0.1% | -$3.75K |
|
1611
HEICO Corp Class A
HEI.A
$37B
| $3.78M | 0.01% |
229,126
-5,371
| -2% | -$91.1K |
|
1612
REX American Resources
REX
$1.43B
| $3.78M | 0.01% |
311,400
-8,400
| -3% | -$125K |
|
|
SC
1613
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $3.78M | 0.01% |
212,300
-2,400
| -1% | -$45.3K |
|
|
BRKL
1614
DELISTED
Brookline Bancorp
BRKL
| $3.78M | 0.01% |
441,986
+1,700
| +0.4% | +$15.4K |
|
1615
Penske Automotive Group
PAG
$14.2B
| $3.77M | 0.01% |
93,000
-400
| -0.4% | -$18.8K |
|
|
CMO
1616
DELISTED
Capstead Mortgage Corp.
CMO
| $3.77M | 0.01% |
308,200
+25,500
| +9% | +$333K |
|
1617
Ezcorp Inc
EZPW
$1.66B
| $3.77M | 0.01% |
379,983
+14,200
| +4% | +$147K |
|
1618
TD Synnex
SNX
$20.3B
| $3.77M | 0.01% |
116,542
-49,794
| -30% | -$1.64M |
|
|
ENIA
1619
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $3.76M | 0.01% |
441,704
-196,782
| -31% | -$1.8M |
|
|
CPLA
1620
DELISTED
Capella Education Company
CPLA
| $3.76M | 0.01% |
60,045
+400
| +0.7% | +$24.9K |
|
|
ATW
1621
DELISTED
Atwood Oceanics
ATW
| $3.75M | 0.01% |
85,767
+13,208
| +18% | +$633K |
|
|
KMI.WS
1622
DELISTED
Kinder Morgan Inc
KMI.WS
| $3.74M | 0.01% |
1,028,569
| – | – |
|
|
SN
1623
DELISTED
Sanchez Energy Corporation
SN
| $3.73M | 0.01% |
141,980
+4,047
| +3% | +$129K |
|
|
QGENF
1624
DELISTED
QIAGEN NV
QGENF
| $3.71M | 0.01% |
+163,154
| New | +$3.71M |
|
1625
Plexus
PLXS
$7.2B
| $3.71M | 0.01% |
100,553
+100
| +0.1% | +$4.05K |
|
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.