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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.1M |
| 3 |
Marriott International
MAR
|
+$21.6M |
| 4 |
Coty
COTY
|
+$21.3M |
| 5 |
Procter & Gamble
PG
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$116M |
| 3 |
ExxonMobil
XOM
|
+$56.5M |
| 4 |
Comcast
CMCSA
|
+$50.3M |
| 5 |
JPMorgan Chase
JPM
|
+$50M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.66% |
| 2 | Technology | 14.7% |
| 3 | Healthcare | 13.18% |
| 4 | Industrials | 10.68% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SFR
1676
DELISTED
Starwood Waypoint Homes
SFR
| $2.96M | ﹤0.01% |
103,260
+2,400
| +2% | +$75.1K |
|
1677
Insteel Industries
IIIN
$626M
| $2.96M | ﹤0.01% |
81,700
+1,900
| +2% | +$64K |
|
|
CVGW
1678
DELISTED
Calavo Growers
CVGW
| $2.96M | ﹤0.01% |
45,200
-2,000
| -4% | -$130K |
|
|
LNW
1679
DELISTED
Light & Wonder
LNW
| $2.94M | ﹤0.01% |
260,762
+4,900
| +2% | +$48.1K |
|
|
PFC
1680
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.94M | ﹤0.01% |
131,600
-4,000
| -3% | -$86.1K |
|
|
KBAL
1681
DELISTED
Kimball International
KBAL
| $2.93M | ﹤0.01% |
226,500
-12,300
| -5% | -$150K |
|
1682
Criteo S.A. Ordinary Shares
CRTO
$864M
| $2.92M | ﹤0.01% |
83,200
-4,700
| -5% | -$186K |
|
|
PGEM
1683
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $2.92M | ﹤0.01% |
218,300
-15,000
| -6% | -$217K |
|
|
BKS
1684
DELISTED
Barnes & Noble
BKS
| $2.91M | ﹤0.01% |
257,300
+18,200
| +8% | +$220K |
|
1685
Kosmos Energy
KOS
$1.49B
| $2.9M | ﹤0.01% |
453,200
+8,900
| +2% | +$51.9K |
|
|
ESND
1686
DELISTED
Essendant Inc.
ESND
| $2.9M | ﹤0.01% |
141,500
+7,000
| +5% | +$154K |
|
1687
HUB Group
HUBG
$2.37B
| $2.89M | ﹤0.01% |
142,000
-9,200
| -6% | -$187K |
|
|
ARII
1688
DELISTED
American Railcar Industries, Inc.
ARII
| $2.89M | ﹤0.01% |
69,700
-4,900
| -7% | -$200K |
|
|
EQM
1689
DELISTED
EQM Midstream Partners, LP
EQM
| $2.89M | ﹤0.01% |
37,900
+4,200
| +12% | +$327K |
|
1690
Employers Holdings
EIG
$863M
| $2.88M | ﹤0.01% |
96,600
-8,600
| -8% | -$255K |
|
|
BRS
1691
DELISTED
Bristow Group, Inc.
BRS
| $2.87M | ﹤0.01% |
205,000
+48,600
| +31% | +$581K |
|
1692
First Busey Corp
BUSE
$2.57B
| $2.87M | ﹤0.01% |
126,771
+10,500
| +9% | +$241K |
|
1693
United Parks & Resorts
PRKS
$1.98B
| $2.84M | ﹤0.01% |
211,000
+15,400
| +8% | +$211K |
|
1694
Dine Brands
DIN
$447M
| $2.84M | ﹤0.01% |
35,900
-1,300
| -3% | -$103K |
|
1695
Chesapeake Utilities
CPK
$3.23B
| $2.84M | ﹤0.01% |
46,550
+100
| +0.2% | +$6.42K |
|
|
STL
1696
DELISTED
Sterling Bancorp
STL
| $2.84M | ﹤0.01% |
162,400
-7,700
| -5% | -$131K |
|
1697
Ultragenyx Pharmaceutical
RARE
$2.61B
| $2.84M | ﹤0.01% |
40,000
-2,900
| -7% | -$185K |
|
|
RAVN
1698
DELISTED
Raven Industries Inc
RAVN
| $2.83M | ﹤0.01% |
123,100
-2,800
| -2% | -$60.4K |
|
|
CLD
1699
DELISTED
Cloud Peak Energy Inc
CLD
| $2.83M | ﹤0.01% |
520,400
-9,900
| -2% | -$34.4K |
|
1700
Axcelis
ACLS
$4.34B
| $2.83M | ﹤0.01% |
213,075
-12,500
| -6% | -$145K |
|
Similar funds
California Public Employees Retirement System's Q3 2016 Portfolio in Review
As of Q3 2016, California Public Employees Retirement System held 3,593 positions worth $60.8B, down 1.5% from $61.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.44B in Q3 2016, closing 113 positions and reducing 2,164 holdings. Its most notable exit was EMC CORPORATION, an estimated $132M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Fortive worth $29.3M.
- California Public Employees Retirement System's largest Q3 2016 buy was Fortive: 912,923 shares worth $29.3M.
- California Public Employees Retirement System added most to Johnson Controls International in Q3 2016, an estimated $24.1M increase.
- California Public Employees Retirement System's biggest Q3 2016 reduction was Apple, cutting an estimated $116M.
- California Public Employees Retirement System fully exited EMC CORPORATION in Q3 2016, selling an estimated $132M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $60.8B portfolio in Q3 2016.
- California Public Employees Retirement System opened 28 new positions and closed 113 in Q3 2016.
- California Public Employees Retirement System's portfolio value fell 1.5% quarter-over-quarter to $60.8B.
Based on California Public Employees Retirement System's 13F filing for Q3 2016, filed 24 Oct 2016.