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 | |
|---|---|---|---|---|---|---|
1726
Omnicell
OMCL
$1.67B
| $3.33M | ﹤0.01% |
121,688
+1,700
| +1% | +$46.6K |
|
1727
Boise Cascade
BCC
$2.92B
| $3.32M | ﹤0.01% |
110,245
+48,100
| +77% | +$1.41M |
|
1728
International Bancshares
IBOC
$4.52B
| $3.31M | ﹤0.01% |
134,219
+3,500
| +3% | +$91.2K |
|
1729
Werner Enterprises
WERN
$2.26B
| $3.3M | ﹤0.01% |
131,062
-19,579
| -13% | -$495K |
|
1730
LiveRamp
RAMP
$2.3B
| $3.3M | ﹤0.01% |
199,200
+600
| +0.3% | +$11.3K |
|
1731
Capitol Federal Financial
CFFN
$1.1B
| $3.29M | ﹤0.01% |
278,700
| – | – |
|
|
CY
1732
DELISTED
Cypress Semiconductor
CY
| $3.29M | ﹤0.01% |
333,300
-1,000
| -0.3% | -$10.5K |
|
|
APLP
1733
DELISTED
Archrock Partners, L.P. Common Units representing Limited Partner Interests
APLP
| $3.29M | ﹤0.01% |
112,100
| – | – |
|
|
N
1734
DELISTED
Netsuite Inc
N
| $3.28M | ﹤0.01% |
36,605
-6,950
| -16% | -$589K |
|
|
CUB
1735
DELISTED
Cubic Corporation
CUB
| $3.28M | ﹤0.01% |
70,000
| – | – |
|
|
FDML
1736
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.27M | ﹤0.01% |
220,261
-3,700
| -2% | -$64.4K |
|
|
TSL
1737
DELISTED
Trina Solar Limited
TSL
| $3.26M | ﹤0.01% |
270,400
-20,600
| -7% | -$257K |
|
|
TPC
1738
Tutor Perini Cor
TPC
$5.13B
| $3.26M | ﹤0.01% |
123,500
-5,620
| -4% | -$164K |
|
1739
First Bancorp
FBP
$4.46B
| $3.25M | ﹤0.01% |
684,000
+26,900
| +4% | +$139K |
|
|
EQY
1740
DELISTED
Equity One
EQY
| $3.24M | ﹤0.01% |
149,738
+3,500
| +2% | +$81.5K |
|
|
AVH
1741
DELISTED
AVIANCA HOLDINGS S.A.
AVH
| $3.24M | ﹤0.01% |
235,987
+8,954
| +4% | +$143K |
|
|
QIWI
1742
DELISTED
QIWI PLC
QIWI
| $3.23M | ﹤0.01% |
102,264
-9,100
| -8% | -$340K |
|
1743
TAL Education Group
TAL
$6.55B
| $3.23M | ﹤0.01% |
553,800
+7,800
| +1% | +$41.5K |
|
|
PES
1744
DELISTED
Pioneer Energy Services Corp.
PES
| $3.22M | ﹤0.01% |
229,500
-25,800
| -10% | -$403K |
|
|
PDLI
1745
DELISTED
PDL BioPharma, Inc.
PDLI
| $3.21M | ﹤0.01% |
430,300
+24,600
| +6% | +$228K |
|
1746
Skywest
SKYW
$4.17B
| $3.2M | ﹤0.01% |
411,341
+35,317
| +9% | +$358K |
|
|
CQB
1747
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $3.2M | ﹤0.01% |
225,100
-12,300
| -5% | -$151K |
|
|
ACOR
1748
DELISTED
Acorda Therapeutics
ACOR
| $3.19M | ﹤0.01% |
784
-15
| -2% | -$56.3K |
|
|
AEGN
1749
DELISTED
Aegion Corp
AEGN
| $3.19M | ﹤0.01% |
143,200
-2,646
| -2% | -$62.4K |
|
|
TBRG
1750
DELISTED
TruBridge
TBRG
| $3.18M | ﹤0.01% |
55,330
| – | – |
|
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.