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 |
Kinder Morgan
KMI
|
+$106M |
| 2 |
Enterprise Products Partners
EPD
|
+$55.4M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$38.8M |
| 4 |
Alibaba
BABA
|
+$36.5M |
| 5 |
Annaly Capital Management
NLY
|
+$29.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$206M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$79.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$75.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.52% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.54% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LTM
1601
DELISTED
LIFE TIME FITNESS INC
LTM
| $3.9M | 0.01% |
70,600
+900
| +1% | +$48.2K |
|
1602
Buckle
BKE
$2.38B
| $3.9M | 0.01% |
76,000
| – | – |
|
1603
Calumet Specialty Products
CLMT
$4.13B
| $3.9M | 0.01% |
149,400
| – | – |
|
|
BRS
1604
DELISTED
Bristow Group, Inc.
BRS
| $3.9M | 0.01% |
64,332
-1,600
| -2% | -$108K |
|
1605
Park National Corp
PRK
$3.67B
| $3.9M | 0.01% |
47,246
-500
| -1% | -$41.3K |
|
1606
Rogers Corp
ROG
$2.39B
| $3.89M | 0.01% |
50,300
+9,100
| +22% | +$607K |
|
|
RUTH
1607
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.89M | 0.01% |
259,611
+17,634
| +7% | +$221K |
|
1608
Granite Construction
GVA
$5.47B
| $3.89M | 0.01% |
112,046
-2,600
| -2% | -$91.8K |
|
|
PNX
1609
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $3.89M | 0.01% |
60,805
-700
| -1% | -$42.6K |
|
1610
Westamerica Bancorp
WABC
$1.36B
| $3.88M | 0.01% |
90,044
+2,000
| +2% | +$96.1K |
|
|
HNH
1611
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $3.88M | 0.01% |
84,000
| – | – |
|
|
PKY
1612
DELISTED
Parkway, Inc.
PKY
| $3.87M | 0.01% |
204,550
+100,500
| +97% | +$1.92M |
|
1613
World Acceptance Corp
WRLD
$878M
| $3.87M | 0.01% |
48,421
-5,751
| -11% | -$424K |
|
1614
Hecla Mining
HL
$11.8B
| $3.87M | 0.01% |
1,130,300
-36,100
| -3% | -$89.3K |
|
1615
OneSpan
OSPN
$603M
| $3.86M | 0.01% |
177,420
-5,300
| -3% | -$131K |
|
1616
Silicon Laboratories
SLAB
$7.21B
| $3.86M | 0.01% |
86,100
| – | – |
|
|
ANR
1617
DELISTED
Alpha Natural Resources Inc
ANR
| $3.86M | 0.01% |
3,785,465
+1,947,800
| +106% | +$3.97M |
|
1618
United Parks & Resorts
PRKS
$2.02B
| $3.85M | 0.01% |
217,600
+8,100
| +4% | +$142K |
|
1619
Golar LNG
GLNG
$5.14B
| $3.85M | 0.01% |
126,200
+5,600
| +5% | +$266K |
|
|
PKD
1620
DELISTED
Parker Drilling Company
PKD
| $3.85M | 0.01% |
92,373
+52,146
| +130% | +$3.03M |
|
|
SD
1621
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $3.85M | 0.01% |
2,497,373
+1,211,900
| +94% | +$3.96M |
|
1622
MKS Inc
MKSI
$19.8B
| $3.84M | 0.01% |
110,300
| – | – |
|
|
EFOR
1623
Everforth Inc
EFOR
$1.32B
| $3.84M | 0.01% |
110,000
-14,826
| -12% | -$446K |
|
|
OILT
1624
DELISTED
OILTANKING PARTNERS L P UIT LTD PARTNERSHIP INT (DE)
OILT
| $3.84M | 0.01% |
85,336
+14,400
| +20% | +$668K |
|
1625
Omnicell
OMCL
$1.68B
| $3.83M | 0.01% |
119,588
-2,100
| -2% | -$64.9K |
|
Similar funds
California Public Employees Retirement System's Q4 2014 Portfolio in Review
As of Q4 2014, California Public Employees Retirement System held 3,925 positions worth $72.4B, up 0.09% from $72.4B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q4 2014 filing shows 151 new, 1,429 increased, 1,034 reduced and 114 closed positions. Its largest new stake was Dorian LPG: 1,258,100 shares worth $14.9M. The largest sale was Apple, an estimated $206M.
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 Q4 2014 buy was Dorian LPG: 1,258,100 shares worth $14.9M.
- California Public Employees Retirement System added most to Kinder Morgan in Q4 2014, an estimated $106M increase.
- California Public Employees Retirement System's biggest Q4 2014 reduction was Apple, cutting an estimated $206M.
- California Public Employees Retirement System fully exited Medtronic in Q4 2014, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $72.4B portfolio in Q4 2014.
- California Public Employees Retirement System opened 151 new positions and closed 114 in Q4 2014.
- California Public Employees Retirement System's portfolio value rose 0.09% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q4 2014, filed 9 Feb 2015.