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 | |
|---|---|---|---|---|---|---|
|
NP
1626
DELISTED
Neenah, Inc. Common Stock
NP
| $3.14M | 0.01% |
43,400
-1,200
| -3% | -$80.7K |
|
|
MIK
1627
DELISTED
Michaels Stores, Inc
MIK
| $3.13M | 0.01% |
110,200
-2,900
| -3% | -$81.9K |
|
1628
SunCoke Energy
SXC
$786M
| $3.13M | 0.01% |
537,700
+46,000
| +9% | +$290K |
|
|
MAGN
1629
Magnera Corp
MAGN
$444M
| $3.13M | 0.01% |
12,297
+770
| +7% | +$207K |
|
1630
International Bancshares
IBOC
$4.48B
| $3.12M | 0.01% |
119,680
-3,400
| -3% | -$89.1K |
|
|
ARR
1631
Armour Residential REIT
ARR
$2.36B
| $3.11M | 0.01% |
31,055
-1,940
| -6% | -$197K |
|
1632
SPX Corp
SPXC
$10.9B
| $3.1M | 0.01% |
208,705
+5,000
| +2% | +$79.3K |
|
1633
PENN Entertainment
PENN
$2.57B
| $3.09M | 0.01% |
221,700
-10,100
| -4% | -$158K |
|
1634
Sarepta Therapeutics
SRPT
$1.92B
| $3.09M | 0.01% |
161,800
-5,100
| -3% | -$94.5K |
|
1635
Innoviva
INVA
$1.5B
| $3.08M | 0.01% |
292,800
-7,100
| -2% | -$84K |
|
1636
MaxLinear
MXL
$6.26B
| $3.08M | 0.01% |
171,300
+2,900
| +2% | +$53.8K |
|
1637
Chesapeake Utilities
CPK
$3.22B
| $3.07M | 0.01% |
46,450
-5,200
| -10% | -$313K |
|
1638
National CineMedia
NCMI
$355M
| $3.07M | 0.01% |
19,842
+160
| +0.8% | +$23K |
|
|
SFR
1639
DELISTED
Starwood Waypoint Homes
SFR
| $3.07M | 0.01% |
100,860
+6,400
| +7% | +$170K |
|
|
JUNO
1640
DELISTED
Juno Therapeutics, Inc.
JUNO
| $3.06M | ﹤0.01% |
79,500
-2,500
| -3% | -$104K |
|
1641
Employers Holdings
EIG
$871M
| $3.05M | ﹤0.01% |
105,200
-11,400
| -10% | -$331K |
|
|
HEES
1642
DELISTED
H&E Equipment Services
HEES
| $3.05M | ﹤0.01% |
160,200
+1,400
| +0.9% | +$26.3K |
|
|
FOE
1643
DELISTED
Ferro Corporation
FOE
| $3.05M | ﹤0.01% |
227,700
+300
| +0.1% | +$3.98K |
|
|
BBT
1644
Beacon Financial Corp
BBT
$2.66B
| $3.04M | ﹤0.01% |
112,800
+1,900
| +2% | +$51K |
|
|
PKY
1645
DELISTED
Parkway, Inc.
PKY
| $3.03M | ﹤0.01% |
181,250
+5,600
| +3% | +$92.6K |
|
1646
Lumentum
LITE
$63.8B
| $3.03M | ﹤0.01% |
125,100
-3,900
| -3% | -$96.6K |
|
|
EMES
1647
DELISTED
Emerge Energy Services LP
EMES
| $3.02M | ﹤0.01% |
262,100
-8,200
| -3% | -$51.3K |
|
1648
First Commonwealth Financial
FCF
$2.18B
| $3.02M | ﹤0.01% |
328,076
-4,800
| -1% | -$43.3K |
|
1649
NBT Bancorp
NBTB
$2.75B
| $3.02M | ﹤0.01% |
105,391
-3,800
| -3% | -$107K |
|
|
HIBB
1650
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $3.01M | ﹤0.01% |
86,600
+4,200
| +5% | +$146K |
|
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.