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 |
Apollo Global Management
APO
|
+$733M |
| 2 |
Verizon
VZ
|
+$194M |
| 3 |
EOG Resources
EOG
|
+$189M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$55.3M |
| 5 |
Perrigo
PRGO
|
+$48.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$52.7M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$33.7M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart Inc
WMT
|
+$26.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.28% |
| 2 | Technology | 13.7% |
| 3 | Healthcare | 12.53% |
| 4 | Industrials | 11.17% |
| 5 | Energy | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NPBC
1751
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $3.31M | ﹤0.01% |
310,724
+15,400
| +5% | +$164K |
|
1752
Haemonetics
HAE
$3.97B
| $3.3M | ﹤0.01% |
102,698
+3,500
| +4% | +$134K |
|
|
LNW
1753
DELISTED
Light & Wonder
LNW
| $3.3M | ﹤0.01% |
275,626
-66,480
| -19% | -$968K |
|
1754
Fuel Tech
FTEK
$43.7M
| $3.3M | ﹤0.01% |
631,820
-90,377
| -13% | -$582K |
|
1755
Plug Power
PLUG
$3.1B
| $3.3M | ﹤0.01% |
+457,199
| New | +$2.11M |
|
1756
Middlesex Water
MSEX
$1.1B
| $3.29M | ﹤0.01% |
157,600
| – | – |
|
|
ORBK
1757
DELISTED
Orbotech Ltd
ORBK
| $3.29M | ﹤0.01% |
214,900
+21,900
| +11% | +$305K |
|
|
GPX
1758
DELISTED
GP Strategies Corp.
GPX
| $3.29M | ﹤0.01% |
123,200
+1,200
| +1% | +$33.9K |
|
1759
Lesaka Technologies
LSAK
$414M
| $3.28M | ﹤0.01% |
336,100
-49,800
| -13% | -$464K |
|
|
TOO
1760
DELISTED
Teekay Offshore Partners L.P.
TOO
| $3.28M | ﹤0.01% |
97,600
+1,900
| +2% | +$60.7K |
|
1761
Omnicell
OMCL
$1.68B
| $3.27M | ﹤0.01% |
118,488
+22,700
| +24% | +$621K |
|
|
ENLC
1762
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.26M | ﹤0.01% |
95,000
-26,700
| -22% | -$989K |
|
|
PGEM
1763
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.25M | ﹤0.01% |
263,407
+232,507
| +752% | +$3.11M |
|
|
BPFH
1764
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $3.25M | ﹤0.01% |
247,800
+2,800
| +1% | +$35.9K |
|
|
FIG
1765
DELISTED
Fortress Investment Group Llc
FIG
| $3.24M | ﹤0.01% |
470,200
+180,000
| +62% | +$1.5M |
|
|
GLOG
1766
DELISTED
GASLOG LTD
GLOG
| $3.24M | ﹤0.01% |
134,700
+37,300
| +38% | +$783K |
|
|
NIHD
1767
DELISTED
NII HOLDINGS INC CL B
NIHD
| $3.24M | ﹤0.01% |
2,819,300
+2,401,100
| +574% | +$5.32M |
|
|
SNBR
1768
DELISTED
Sleep Number
SNBR
| $3.24M | ﹤0.01% |
183,758
+33,400
| +22% | +$580K |
|
1769
LCI Industries
LCII
$2.61B
| $3.24M | ﹤0.01% |
62,800
+15,000
| +31% | +$755K |
|
1770
Modine Manufacturing
MOD
$10.5B
| $3.23M | ﹤0.01% |
224,500
-21,500
| -9% | -$296K |
|
|
EQM
1771
DELISTED
EQM Midstream Partners, LP
EQM
| $3.23M | ﹤0.01% |
45,300
+38,700
| +586% | +$2.48M |
|
|
JOSB
1772
DELISTED
JOS A BANK CLOTHIERS INC
JOSB
| $3.23M | ﹤0.01% |
50,043
-68
| -0.1% | -$3.97K |
|
1773
Rogers Corp
ROG
$2.41B
| $3.22M | ﹤0.01% |
54,600
+3,500
| +7% | +$212K |
|
|
EIGI
1774
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $3.22M | ﹤0.01% |
244,600
+44,600
| +22% | +$600K |
|
1775
Integra LifeSciences
IART
$1.35B
| $3.22M | ﹤0.01% |
174,923
| – | – |
|
Similar funds
California Public Employees Retirement System's Q1 2014 Portfolio in Review
As of Q1 2014, California Public Employees Retirement System held 4,098 positions worth $70B, up 1.4% from $69B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q1 2014 filing shows 121 new, 1,404 increased, 1,294 reduced and 336 closed positions. Its largest new stake was Perrigo: 310,076 shares worth $46M. The largest sale was State Street SPDR S&P Emerging Markets Small Cap ETF, an estimated $52.7M.
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 Q1 2014 buy was Perrigo: 310,076 shares worth $46M.
- California Public Employees Retirement System added most to Apollo Global Management in Q1 2014, an estimated $733M increase.
- California Public Employees Retirement System's biggest Q1 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $52.7M.
- California Public Employees Retirement System fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $35.3M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $70B portfolio in Q1 2014.
- California Public Employees Retirement System opened 121 new positions and closed 336 in Q1 2014.
- California Public Employees Retirement System's portfolio value rose 1.4% quarter-over-quarter to $70B.
Based on California Public Employees Retirement System's 13F filing for Q1 2014, filed 18 Apr 2014.