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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JUNO
1601
DELISTED
Juno Therapeutics, Inc.
JUNO
| $3.12M | 0.01% |
82,000
-23,700
| -22% | -$826K |
|
|
GCP
1602
DELISTED
GCP Applied Technologies Inc.
GCP
| $3.12M | 0.01% |
+156,500
| New | +$2.84M |
|
1603
MaxLinear
MXL
$6.88B
| $3.12M | 0.01% |
168,400
+13,600
| +9% | +$216K |
|
1604
Zillow
ZG
$7.41B
| $3.12M | 0.01% |
121,900
-7,400
| -6% | -$165K |
|
1605
Boston Beer
SAM
$1.89B
| $3.11M | 0.01% |
16,800
+500
| +3% | +$91.1K |
|
1606
Resources Connection
RGP
$149M
| $3.11M | 0.01% |
199,685
+10,800
| +6% | +$157K |
|
|
MAGN
1607
Magnera Corp
MAGN
$447M
| $3.11M | 0.01% |
11,527
+1,330
| +13% | +$301K |
|
|
BSFT
1608
DELISTED
BroadSoft, Inc.
BSFT
| $3.11M | 0.01% |
77,000
-3,800
| -5% | -$129K |
|
1609
World Acceptance Corp
WRLD
$887M
| $3.11M | 0.01% |
81,900
+15,700
| +24% | +$553K |
|
|
CNSL
1610
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $3.11M | 0.01% |
120,589
+15,800
| +15% | +$339K |
|
|
LGF
1611
DELISTED
Lions Gate Entertainment
LGF
| $3.1M | 0.01% |
141,900
-37,900
| -21% | -$904K |
|
|
ANH
1612
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.1M | 0.01% |
664,600
+15,500
| +2% | +$69.3K |
|
|
DYN
1613
DELISTED
Dynegy, Inc.
DYN
| $3.1M | 0.01% |
215,519
+1,100
| +0.5% | +$12.5K |
|
1614
Universal Electronics
UEIC
$74.5M
| $3.09M | 0.01% |
49,900
-2,200
| -4% | -$117K |
|
|
WAC
1615
DELISTED
Walter Investment Mgt Corp
WAC
| $3.09M | 0.01% |
404,900
+70,900
| +21% | +$646K |
|
|
VRTU
1616
DELISTED
Virtusa Corporation
VRTU
| $3.08M | 0.01% |
82,201
+14,601
| +22% | +$553K |
|
|
CSH
1617
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $3.08M | 0.01% |
79,600
-23,137
| -23% | -$754K |
|
|
JASO
1618
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $3.07M | 0.01% |
357,059
+46,300
| +15% | +$407K |
|
1619
Quad
QUAD
$506M
| $3.07M | 0.01% |
237,300
+65,700
| +38% | +$711K |
|
|
SFLY
1620
DELISTED
Shutterfly, Inc.
SFLY
| $3.07M | ﹤0.01% |
66,200
-6,100
| -8% | -$260K |
|
1621
Insulet
PODD
$9.99B
| $3.06M | ﹤0.01% |
92,300
+600
| +0.7% | +$18.8K |
|
1622
Main Street Capital
MAIN
$5.48B
| $3.06M | ﹤0.01% |
97,600
-10,100
| -9% | -$293K |
|
1623
SPX Corp
SPXC
$10.9B
| $3.06M | ﹤0.01% |
203,705
+45,400
| +29% | +$485K |
|
1624
Stepan Co
SCL
$1.47B
| $3.06M | ﹤0.01% |
55,300
-1,600
| -3% | -$77K |
|
1625
STAG Industrial
STAG
$7.11B
| $3.06M | ﹤0.01% |
150,200
-37,200
| -20% | -$658K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.