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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PIR
1701
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.77M | ﹤0.01% |
26,955
+2,520
| +10% | +$304K |
|
|
ALX
1702
Alexander's
ALX
$1.39B
| $2.77M | ﹤0.01% |
6,759
-200
| -3% | -$75.5K |
|
|
QTS
1703
DELISTED
QTS REALTY TRUST, INC.
QTS
| $2.77M | ﹤0.01% |
49,400
+3,000
| +6% | +$155K |
|
|
KS
1704
DELISTED
KapStone Paper and Pack Corp.
KS
| $2.76M | ﹤0.01% |
212,400
+2,600
| +1% | +$38.1K |
|
|
TWOU
1705
DELISTED
2U Inc
TWOU
| $2.76M | ﹤0.01% |
3,130
+330
| +12% | +$270K |
|
1706
Titan International
TWI
$461M
| $2.76M | ﹤0.01% |
445,200
+17,000
| +4% | +$106K |
|
|
MNR
1707
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $2.75M | ﹤0.01% |
207,800
+68,200
| +49% | +$824K |
|
|
ISCA
1708
DELISTED
International Speedway Corp
ISCA
| $2.75M | ﹤0.01% |
82,200
+1,300
| +2% | +$43.7K |
|
|
EGOV
1709
DELISTED
NIC Inc
EGOV
| $2.74M | ﹤0.01% |
124,900
-3,300
| -3% | -$63.3K |
|
|
BNCN
1710
DELISTED
BNC Bancorp
BNCN
| $2.74M | ﹤0.01% |
120,628
+12,709
| +12% | +$286K |
|
1711
Lesaka Technologies
LSAK
$414M
| $2.74M | ﹤0.01% |
273,900
+9,900
| +4% | +$105K |
|
1712
Insulet
PODD
$10B
| $2.73M | ﹤0.01% |
90,200
-2,100
| -2% | -$65.3K |
|
|
GTLS
1713
DELISTED
Chart Industries
GTLS
| $2.72M | ﹤0.01% |
112,900
+6,800
| +6% | +$168K |
|
|
KBAL
1714
DELISTED
Kimball International
KBAL
| $2.72M | ﹤0.01% |
238,800
-6,000
| -2% | -$68K |
|
|
BKS
1715
DELISTED
Barnes & Noble
BKS
| $2.71M | ﹤0.01% |
239,100
+21,200
| +10% | +$246K |
|
|
EQM
1716
DELISTED
EQM Midstream Partners, LP
EQM
| $2.71M | ﹤0.01% |
33,700
+2,300
| +7% | +$173K |
|
|
ARI
1717
Apollo Commercial Real Estate
ARI
$862M
| $2.7M | ﹤0.01% |
168,200
+12,800
| +8% | +$205K |
|
|
TOWR
1718
DELISTED
Tower International, Inc.
TOWR
| $2.7M | ﹤0.01% |
131,200
+1,400
| +1% | +$32.4K |
|
|
HF
1719
DELISTED
HFF Inc.
HF
| $2.7M | ﹤0.01% |
93,400
-2,700
| -3% | -$81.1K |
|
|
MDC
1720
DELISTED
M.D.C. Holdings, Inc.
MDC
| $2.69M | ﹤0.01% |
153,605
-13,055
| -8% | -$226K |
|
1721
American Public Education
APEI
$837M
| $2.69M | ﹤0.01% |
95,700
-1,800
| -2% | -$44.7K |
|
1722
Meritage Homes
MTH
$4.81B
| $2.69M | ﹤0.01% |
143,200
-14,400
| -9% | -$261K |
|
1723
Andersons Inc
ANDE
$2.18B
| $2.69M | ﹤0.01% |
75,600
+5,500
| +8% | +$180K |
|
|
RDUS
1724
DELISTED
Radius Recycling
RDUS
| $2.69M | ﹤0.01% |
152,662
+15,500
| +11% | +$274K |
|
|
GST
1725
DELISTED
Gastar Exploration Inc.
GST
| $2.69M | ﹤0.01% |
2,441,400
-75,800
| -3% | -$89.4K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.