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 | |
|---|---|---|---|---|---|---|
1651
SFL Corp
SFL
$1.54B
| $3.58M | 0.01% |
211,800
-10,700
| -5% | -$199K |
|
|
REV
1652
DELISTED
Revlon, Inc.
REV
| $3.58M | 0.01% |
113,084
-2,900
| -3% | -$92.4K |
|
1653
Stride
LRN
$3.29B
| $3.58M | 0.01% |
224,450
| – | – |
|
|
BRLI
1654
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $3.58M | ﹤0.01% |
127,511
| – | – |
|
1655
Saia
SAIA
$9.52B
| $3.58M | ﹤0.01% |
72,155
-17,000
| -19% | -$808K |
|
|
SYKE
1656
DELISTED
SYKES Enterprises Inc
SYKE
| $3.57M | ﹤0.01% |
178,665
-7,100
| -4% | -$148K |
|
|
ALOG
1657
DELISTED
Analogic Corp
ALOG
| $3.56M | ﹤0.01% |
55,700
+100
| +0.2% | +$7.16K |
|
|
HIBB
1658
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $3.56M | ﹤0.01% |
83,500
-8,754
| -9% | -$418K |
|
1659
American States Water
AWR
$3.47B
| $3.56M | ﹤0.01% |
116,900
+24,200
| +26% | +$761K |
|
|
NTK
1660
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $3.56M | ﹤0.01% |
47,712
+1,400
| +3% | +$115K |
|
1661
Forward Air
FWRD
$628M
| $3.55M | ﹤0.01% |
79,244
+500
| +0.6% | +$23.4K |
|
|
HF
1662
DELISTED
HFF Inc.
HF
| $3.55M | ﹤0.01% |
122,583
+13,460
| +12% | +$439K |
|
1663
City Holding Co
CHCO
$2.06B
| $3.55M | ﹤0.01% |
84,204
+200
| +0.2% | +$8.57K |
|
1664
Carlyle Group
CG
$17.2B
| $3.55M | ﹤0.01% |
116,400
| – | – |
|
1665
Super Micro Computer
SMCI
$20.4B
| $3.54M | ﹤0.01% |
1,203,760
+142,660
| +13% | +$370K |
|
|
CKP
1666
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $3.53M | ﹤0.01% |
288,900
+16,000
| +6% | +$212K |
|
|
WAC
1667
DELISTED
Walter Investment Mgt Corp
WAC
| $3.53M | ﹤0.01% |
160,900
| – | – |
|
1668
Exponent
EXPO
$3.25B
| $3.53M | ﹤0.01% |
199,200
+2,400
| +1% | +$44.1K |
|
1669
St. Joe Company
JOE
$3.89B
| $3.53M | ﹤0.01% |
177,100
+1,200
| +0.7% | +$26.9K |
|
1670
Cogent Communications
CCOI
$554M
| $3.53M | ﹤0.01% |
104,900
+1,700
| +2% | +$58.1K |
|
|
OILT
1671
DELISTED
OILTANKING PARTNERS L P UIT LTD PARTNERSHIP INT (DE)
OILT
| $3.52M | ﹤0.01% |
+70,936
| New | +$3.46M |
|
|
LTM
1672
DELISTED
LIFE TIME FITNESS INC
LTM
| $3.52M | ﹤0.01% |
69,700
-15,406
| -18% | -$706K |
|
1673
Main Street Capital
MAIN
$5.52B
| $3.51M | ﹤0.01% |
114,600
+105,100
| +1,106% | +$3.36M |
|
1674
Rayonier Advanced Materials
RYAM
$590M
| $3.51M | ﹤0.01% |
+106,532
| New | +$3.74M |
|
1675
Healthcare Realty
HR
$6.56B
| $3.5M | ﹤0.01% |
150,950
-52,855
| -26% | -$1.28M |
|
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.