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 | |
|---|---|---|---|---|---|---|
|
WW
1701
DELISTED
WW International
WW
| $3.41M | ﹤0.01% |
124,171
-9,400
| -7% | -$215K |
|
|
TFM
1702
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $3.4M | ﹤0.01% |
97,333
-20,600
| -17% | -$670K |
|
1703
CDW
CDW
$16.7B
| $3.4M | ﹤0.01% |
109,400
+51,200
| +88% | +$1.62M |
|
|
AD
1704
Array Digital Infrastructure
AD
$3.03B
| $3.4M | ﹤0.01% |
95,755
-25,500
| -21% | -$971K |
|
|
PGEM
1705
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.4M | ﹤0.01% |
313,307
+49,900
| +19% | +$520K |
|
|
AMRI
1706
DELISTED
Albany Molecular Research Inc
AMRI
| $3.39M | ﹤0.01% |
153,725
+10,025
| +7% | +$205K |
|
1707
Scansource
SCSC
$1.05B
| $3.39M | ﹤0.01% |
98,031
+3,949
| +4% | +$147K |
|
|
AIFU
1708
AIFU Inc
AIFU
$219M
| $3.39M | ﹤0.01% |
1,541
+21
| +1% | +$55.1K |
|
|
MWW
1709
DELISTED
Monster Worldwide Inc
MWW
| $3.39M | ﹤0.01% |
616,396
+8,600
| +1% | +$51.2K |
|
|
NTLS
1710
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $3.38M | ﹤0.01% |
317,650
+15,200
| +5% | +$190K |
|
1711
ATI
ATI
$31.8B
| $3.37M | ﹤0.01% |
90,874
-39,000
| -30% | -$1.64M |
|
|
TAL
1712
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $3.36M | ﹤0.01% |
81,500
+400
| +0.5% | +$17.8K |
|
|
SSE
1713
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
| $3.36M | ﹤0.01% |
+141,448
| New | +$3.37M |
|
|
EFOR
1714
Everforth Inc
EFOR
$1.29B
| $3.35M | ﹤0.01% |
124,826
+2,721
| +2% | +$84.4K |
|
1715
Burlington
BURL
$22.4B
| $3.35M | ﹤0.01% |
84,000
+3,000
| +4% | +$104K |
|
|
TGP
1716
DELISTED
Teekay LNG Partners L.P.
TGP
| $3.35M | ﹤0.01% |
76,800
+400
| +0.5% | +$17.5K |
|
|
CMD
1717
DELISTED
Cantel Medical Corporation
CMD
| $3.35M | ﹤0.01% |
97,300
+1,400
| +1% | +$49.4K |
|
|
DRIV
1718
DELISTED
DIGITAL RIVER INC.
DRIV
| $3.34M | ﹤0.01% |
230,310
+16,800
| +8% | +$252K |
|
1719
Albany International
AIN
$1.79B
| $3.34M | ﹤0.01% |
98,163
+300
| +0.3% | +$11.1K |
|
|
COR
1720
DELISTED
Coresite Realty Corporation
COR
| $3.34M | ﹤0.01% |
101,602
-64,400
| -39% | -$2.21M |
|
|
AF
1721
DELISTED
Astoria Financial Corporation
AF
| $3.34M | ﹤0.01% |
269,374
-8,000
| -3% | -$104K |
|
|
RICE
1722
DELISTED
Rice Energy Inc.
RICE
| $3.34M | ﹤0.01% |
125,400
+30,000
| +31% | +$838K |
|
1723
Lithia Motors
LAD
$8.24B
| $3.33M | ﹤0.01% |
44,050
-5,393
| -11% | -$477K |
|
1724
Veeva Systems
VEEV
$38.1B
| $3.33M | ﹤0.01% |
+118,200
| New | +$3.04M |
|
1725
Vipshop
VIPS
$7.03B
| $3.33M | ﹤0.01% |
176,000
-645,100
| -79% | -$13.3M |
|
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.