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 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.01% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PMC
1751
DELISTED
PharMerica Corporation
PMC
| $3.43M | ﹤0.01% |
120,108
-12,900
| -10% | -$359K |
|
1752
Ligand Pharmaceuticals
LGND
$5.86B
| $3.41M | ﹤0.01% |
87,808
+11,345
| +15% | +$460K |
|
1753
Integra LifeSciences
IART
$1.36B
| $3.41M | ﹤0.01% |
177,125
+2,202
| +1% | +$41K |
|
1754
Modine Manufacturing
MOD
$10.6B
| $3.4M | ﹤0.01% |
216,000
-8,500
| -4% | -$131K |
|
|
AEGN
1755
DELISTED
Aegion Corp
AEGN
| $3.39M | ﹤0.01% |
145,846
-3,173
| -2% | -$75.4K |
|
1756
Capitol Federal Financial
CFFN
$1.09B
| $3.39M | ﹤0.01% |
278,700
+200
| +0.1% | +$2.43K |
|
1757
Blackstone Mortgage Trust
BXMT
$2.42B
| $3.38M | ﹤0.01% |
116,717
-1,900
| -2% | -$54.9K |
|
1758
Cimpress
CMPR
$2.32B
| $3.38M | ﹤0.01% |
83,500
-9,700
| -10% | -$422K |
|
|
FRGI
1759
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.38M | ﹤0.01% |
72,726
-5,514
| -7% | -$223K |
|
1760
Buckle
BKE
$2.39B
| $3.37M | ﹤0.01% |
76,000
-1,100
| -1% | -$50.2K |
|
1761
Aspen Aerogels
ASPN
$506M
| $3.37M | ﹤0.01% |
+305,000
| New | +$3.31M |
|
|
RT
1762
DELISTED
Ruby Tuesday Georgia
RT
| $3.37M | ﹤0.01% |
444,000
+50,700
| +13% | +$375K |
|
1763
Chunghwa Telecom
CHT
$32.8B
| $3.36M | ﹤0.01% |
104,889
-7,148
| -6% | -$225K |
|
|
NVO
1764
Novo Nordisk
NVO
$208B
| $3.36M | ﹤0.01% |
+145,508
| New | +$3.21M |
|
1765
Matrix Service
MTRX
$329M
| $3.35M | ﹤0.01% |
102,212
-27,188
| -21% | -$897K |
|
1766
Matsons
MATX
$6.12B
| $3.35M | ﹤0.01% |
124,800
-1,400
| -1% | -$34.1K |
|
|
MODV
1767
DELISTED
ModivCare
MODV
| $3.34M | ﹤0.01% |
91,400
+18,900
| +26% | +$745K |
|
1768
CVR Partners
UAN
$1.25B
| $3.34M | ﹤0.01% |
17,880
| – | – |
|
|
SUSS
1769
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $3.34M | ﹤0.01% |
41,400
-5,249
| -11% | -$388K |
|
1770
Middlesex Water
MSEX
$1.09B
| $3.34M | ﹤0.01% |
157,600
| – | – |
|
|
EBIX
1771
DELISTED
Ebix Inc
EBIX
| $3.32M | ﹤0.01% |
232,069
+86,100
| +59% | +$1.34M |
|
1772
Diodes
DIOD
$4.78B
| $3.31M | ﹤0.01% |
114,300
+24,600
| +27% | +$680K |
|
1773
Sonic Automotive
SAH
$2.54B
| $3.31M | ﹤0.01% |
123,961
-2,108
| -2% | -$52.6K |
|
|
HT
1774
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $3.3M | ﹤0.01% |
123,057
-45
| -0% | -$1.1K |
|
1775
Chesapeake Utilities
CPK
$3.18B
| $3.3M | ﹤0.01% |
69,351
| – | – |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.