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 | |
|---|---|---|---|---|---|---|
1676
Silicon Laboratories
SLAB
$7.22B
| $3.5M | ﹤0.01% |
86,100
-27,500
| -24% | -$1.21M |
|
|
POWR
1677
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $3.5M | ﹤0.01% |
365,100
-13,671
| -4% | -$140K |
|
|
VNR
1678
DELISTED
Vanguard Natural Resources, LLC
VNR
| $3.5M | ﹤0.01% |
127,300
-3,000
| -2% | -$90.6K |
|
1679
Booz Allen Hamilton
BAH
$9.24B
| $3.49M | ﹤0.01% |
149,154
-26,403
| -15% | -$581K |
|
|
IGTE
1680
DELISTED
IGATE CORPORATION
IGTE
| $3.48M | ﹤0.01% |
94,900
-26,400
| -22% | -$981K |
|
1681
Regis Corp
RGS
$67.5M
| $3.48M | ﹤0.01% |
10,889
+515
| +5% | +$155K |
|
|
DENN
1682
DELISTED
Denny's
DENN
| $3.46M | ﹤0.01% |
492,700
+10,100
| +2% | +$68.3K |
|
1683
HUB Group
HUBG
$2.37B
| $3.46M | ﹤0.01% |
170,800
+400
| +0.2% | +$9.11K |
|
1684
Lattice Semiconductor
LSCC
$18.3B
| $3.46M | ﹤0.01% |
461,423
-157,377
| -25% | -$1.18M |
|
1685
Home BancShares
HOMB
$6.17B
| $3.46M | ﹤0.01% |
234,968
+2,600
| +1% | +$39.7K |
|
|
JOBS
1686
DELISTED
51job Inc
JOBS
| $3.45M | ﹤0.01% |
115,300
+23,300
| +25% | +$804K |
|
1687
Buckle
BKE
$2.33B
| $3.45M | ﹤0.01% |
76,000
| – | – |
|
|
PNX
1688
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $3.45M | ﹤0.01% |
61,505
+1,800
| +3% | +$99.6K |
|
|
ZU
1689
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $3.44M | ﹤0.01% |
90,830
+82,000
| +929% | +$2.97M |
|
|
CRR
1690
DELISTED
Carbo Ceramics Inc.
CRR
| $3.44M | ﹤0.01% |
58,100
-1,305
| -2% | -$149K |
|
1691
Haemonetics
HAE
$4.04B
| $3.44M | ﹤0.01% |
98,398
-300
| -0.3% | -$10.7K |
|
|
STMP
1692
DELISTED
Stamps.com, Inc.
STMP
| $3.44M | ﹤0.01% |
108,140
-5,400
| -5% | -$179K |
|
1693
Children's Place
PLCE
$55.1M
| $3.43M | ﹤0.01% |
72,000
-58,700
| -45% | -$2.97M |
|
1694
California Water Service
CWT
$3.06B
| $3.43M | ﹤0.01% |
152,879
+3,000
| +2% | +$70.6K |
|
1695
OneSpan
OSPN
$592M
| $3.43M | ﹤0.01% |
182,720
+9,200
| +5% | +$135K |
|
|
TOO
1696
DELISTED
Teekay Offshore Partners L.P.
TOO
| $3.43M | ﹤0.01% |
102,000
-29,300
| -22% | -$1.02M |
|
|
GPX
1697
DELISTED
GP Strategies Corp.
GPX
| $3.43M | ﹤0.01% |
119,300
+1,100
| +0.9% | +$28.3K |
|
|
WEB
1698
DELISTED
Web.com Group, Inc.
WEB
| $3.42M | ﹤0.01% |
171,200
| – | – |
|
|
ORBK
1699
DELISTED
Orbotech Ltd
ORBK
| $3.42M | ﹤0.01% |
219,200
+7,400
| +3% | +$118K |
|
1700
Hilltop Holdings
HTH
$2.25B
| $3.41M | ﹤0.01% |
170,000
+3,200
| +2% | +$66.2K |
|
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.