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 | |
|---|---|---|---|---|---|---|
|
PKY
1701
DELISTED
Parkway, Inc.
PKY
| $2.75M | ﹤0.01% |
175,650
-43,000
| -20% | -$597K |
|
1702
Unifirst Corp
UNF
$5.21B
| $2.75M | ﹤0.01% |
25,200
+1,400
| +6% | +$146K |
|
|
REV
1703
DELISTED
Revlon, Inc.
REV
| $2.75M | ﹤0.01% |
75,500
-3,178
| -4% | -$99.7K |
|
1704
Barrett Business Services
BBSI
$800M
| $2.75M | ﹤0.01% |
382,000
-24,000
| -6% | -$207K |
|
|
ANDX
1705
DELISTED
Andeavor Logistics LP
ANDX
| $2.74M | ﹤0.01% |
60,000
-2,800
| -4% | -$122K |
|
|
AEGN
1706
DELISTED
Aegion Corp
AEGN
| $2.73M | ﹤0.01% |
129,700
+3,400
| +3% | +$63.5K |
|
1707
ePlus
PLUS
$2.31B
| $2.73M | ﹤0.01% |
135,600
-16,400
| -11% | -$338K |
|
|
KAMN
1708
DELISTED
Kaman Corp
KAMN
| $2.72M | ﹤0.01% |
63,800
+1,700
| +3% | +$69.3K |
|
1709
Texas Pacific Land
TPL
$23.9B
| $2.72M | ﹤0.01% |
168,300
-10,800
| -6% | -$158K |
|
1710
Ironwood Pharmaceuticals
IRWD
$674M
| $2.72M | ﹤0.01% |
296,470
-17,910
| -6% | -$148K |
|
1711
Modine Manufacturing
MOD
$10.8B
| $2.71M | ﹤0.01% |
246,600
+29,200
| +13% | +$248K |
|
1712
Alpha and Omega Semiconductor
AOSL
$916M
| $2.71M | ﹤0.01% |
228,300
| – | – |
|
1713
Wabash National
WNC
$509M
| $2.7M | ﹤0.01% |
204,700
-55,200
| -21% | -$645K |
|
|
TMX
1714
DELISTED
Terminix Global Holdings, Inc.
TMX
| $2.7M | ﹤0.01% |
107,048
-23,739
| -18% | -$607K |
|
|
FOE
1715
DELISTED
Ferro Corporation
FOE
| $2.7M | ﹤0.01% |
227,400
+3,300
| +1% | +$33.1K |
|
|
KRA
1716
DELISTED
Kraton Corporation
KRA
| $2.69M | ﹤0.01% |
155,700
+15,500
| +11% | +$241K |
|
|
BKS
1717
DELISTED
Barnes & Noble
BKS
| $2.69M | ﹤0.01% |
217,900
+37,100
| +21% | +$363K |
|
|
PFC
1718
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.69M | ﹤0.01% |
139,800
-2,600
| -2% | -$49.7K |
|
1719
Omnicell
OMCL
$1.72B
| $2.68M | ﹤0.01% |
96,300
+4,700
| +5% | +$129K |
|
|
IOC
1720
DELISTED
Interoil Corporation
IOC
| $2.68M | ﹤0.01% |
84,300
-5,200
| -6% | -$146K |
|
1721
Buckle
BKE
$2.31B
| $2.67M | ﹤0.01% |
78,900
+3,300
| +4% | +$100K |
|
|
ZEN
1722
DELISTED
ZENDESK INC
ZEN
| $2.67M | ﹤0.01% |
127,600
+88,600
| +227% | +$1.8M |
|
|
CIE
1723
DELISTED
Cobalt International Energy, Inc
CIE
| $2.67M | ﹤0.01% |
59,847
-5,520
| -8% | -$263K |
|
1724
Entegris
ENTG
$25B
| $2.66M | ﹤0.01% |
195,300
-8,400
| -4% | -$102K |
|
1725
First Bancorp
FBP
$4.49B
| $2.66M | ﹤0.01% |
910,300
+220,600
| +32% | +$588K |
|
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.