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 | |
|---|---|---|---|---|---|---|
1676
Scorpio Tankers
STNG
$3.94B
| $2.83M | ﹤0.01% |
48,560
-4,700
| -9% | -$279K |
|
|
RSTI
1677
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $2.83M | ﹤0.01% |
87,800
-2,500
| -3% | -$60.9K |
|
|
SHLM
1678
DELISTED
Schulman (A.) Inc
SHLM
| $2.83M | ﹤0.01% |
103,877
+8,400
| +9% | +$211K |
|
|
MSGN
1679
DELISTED
MSG Networks Inc.
MSGN
| $2.82M | ﹤0.01% |
163,166
-11,300
| -6% | -$197K |
|
1680
TTM Technologies
TTMI
$14.5B
| $2.81M | ﹤0.01% |
422,953
+19,300
| +5% | +$119K |
|
|
TSL
1681
DELISTED
Trina Solar Limited
TSL
| $2.81M | ﹤0.01% |
282,500
+15,900
| +6% | +$158K |
|
1682
Rogers Corp
ROG
$2.47B
| $2.8M | ﹤0.01% |
46,800
-2,200
| -4% | -$111K |
|
1683
Antero Resources
AR
$11.4B
| $2.79M | ﹤0.01% |
112,300
-6,800
| -6% | -$163K |
|
|
ITG
1684
DELISTED
Investment Technology Group Inc
ITG
| $2.79M | ﹤0.01% |
126,100
-4,800
| -4% | -$87.9K |
|
|
HEES
1685
DELISTED
H&E Equipment Services
HEES
| $2.78M | ﹤0.01% |
158,800
+28,200
| +22% | +$409K |
|
1686
Veeva Systems
VEEV
$41.1B
| $2.78M | ﹤0.01% |
111,200
-5,300
| -5% | -$130K |
|
|
BAS
1687
DELISTED
Basis Energy Services, Inc.
BAS
| $2.78M | ﹤0.01% |
1,769
+530
| +43% | +$690K |
|
1688
Babcock & Wilcox
BW
$1.39B
| $2.78M | ﹤0.01% |
12,990
-1,630
| -11% | -$325K |
|
|
KBAL
1689
DELISTED
Kimball International
KBAL
| $2.78M | ﹤0.01% |
244,800
+3,400
| +1% | +$35.9K |
|
1690
Koppers
KOP
$871M
| $2.78M | ﹤0.01% |
123,600
+9,600
| +8% | +$171K |
|
|
ATW
1691
DELISTED
Atwood Oceanics
ATW
| $2.77M | ﹤0.01% |
302,600
+86,300
| +40% | +$651K |
|
|
STL
1692
DELISTED
Sterling Bancorp
STL
| $2.77M | ﹤0.01% |
174,200
-8,200
| -4% | -$124K |
|
|
GST
1693
DELISTED
Gastar Exploration Inc.
GST
| $2.77M | ﹤0.01% |
2,517,200
-151,500
| -6% | -$156K |
|
|
CZR
1694
DELISTED
Caesars Entertainment Corporation
CZR
| $2.77M | ﹤0.01% |
407,200
+113,600
| +39% | +$796K |
|
1695
Patrick Industries
PATK
$2.78B
| $2.77M | ﹤0.01% |
137,138
-4,275
| -3% | -$74.5K |
|
1696
Perdoceo Education
PRDO
$1.99B
| $2.77M | ﹤0.01% |
609,158
+113,900
| +23% | +$378K |
|
|
CVGW
1697
DELISTED
Calavo Growers
CVGW
| $2.76M | ﹤0.01% |
48,400
-4,400
| -8% | -$228K |
|
1698
RH
RH
$3.4B
| $2.76M | ﹤0.01% |
65,900
-12,400
| -16% | -$634K |
|
|
HW
1699
DELISTED
Headwaters Inc
HW
| $2.76M | ﹤0.01% |
139,100
-14,100
| -9% | -$236K |
|
|
CPLA
1700
DELISTED
Capella Education Company
CPLA
| $2.76M | ﹤0.01% |
52,400
+2,400
| +5% | +$111K |
|
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.