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 | |
|---|---|---|---|---|---|---|
|
PKD
1801
DELISTED
Parker Drilling Company
PKD
| $2.98M | ﹤0.01% |
40,227
-240
| -0.6% | -$22.1K |
|
|
NPKI
1802
NPK International
NPKI
$1.19B
| $2.98M | ﹤0.01% |
239,300
-6,400
| -3% | -$78.9K |
|
|
RT
1803
DELISTED
Ruby Tuesday Georgia
RT
| $2.97M | ﹤0.01% |
503,800
+59,800
| +13% | +$385K |
|
1804
RadNet
RDNT
$6.01B
| $2.96M | ﹤0.01% |
447,736
+400
| +0.1% | +$2.59K |
|
1805
Embotelladora Andina Series B
AKO.B
$4.89B
| $2.96M | ﹤0.01% |
154,469
| – | – |
|
1806
Innoviva
INVA
$1.51B
| $2.95M | ﹤0.01% |
172,800
+138,200
| +399% | +$3.17M |
|
1807
Kforce
KFRC
$1.03B
| $2.95M | ﹤0.01% |
150,833
| – | – |
|
|
ATCO
1808
DELISTED
Atlas Corp.
ATCO
| $2.95M | ﹤0.01% |
137,100
+700
| +0.5% | +$16.1K |
|
|
TOWR
1809
DELISTED
Tower International, Inc.
TOWR
| $2.94M | ﹤0.01% |
116,700
-24,900
| -18% | -$836K |
|
|
EDR
1810
DELISTED
Education Realty Trust Inc
EDR
| $2.93M | ﹤0.01% |
94,933
+3,900
| +4% | +$126K |
|
1811
Rithm Capital
RITM
$5.71B
| $2.93M | ﹤0.01% |
250,950
| – | – |
|
|
BBG
1812
DELISTED
Bill Barrett Corp
BBG
| $2.92M | ﹤0.01% |
132,700
+3,700
| +3% | +$86.4K |
|
1813
Aaon
AAON
$6.98B
| $2.92M | ﹤0.01% |
257,700
+750
| +0.3% | +$9.77K |
|
1814
Chunghwa Telecom
CHT
$32.8B
| $2.92M | ﹤0.01% |
97,337
-7,552
| -7% | -$233K |
|
1815
Orthofix Medical
OFIX
$415M
| $2.91M | ﹤0.01% |
94,100
-8,200
| -8% | -$272K |
|
1816
OFG Bancorp
OFG
$2.24B
| $2.91M | ﹤0.01% |
194,400
+100,000
| +106% | +$1.63M |
|
1817
Chesapeake Utilities
CPK
$3.24B
| $2.91M | ﹤0.01% |
69,850
+499
| +0.7% | +$22.5K |
|
|
ROIC
1818
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.91M | ﹤0.01% |
197,900
+41,800
| +27% | +$653K |
|
|
PRFT
1819
DELISTED
Perficient Inc
PRFT
| $2.9M | ﹤0.01% |
193,700
-23,462
| -11% | -$408K |
|
1820
Hecla Mining
HL
$12.2B
| $2.89M | ﹤0.01% |
1,166,400
+17,700
| +2% | +$55.4K |
|
1821
Carriage Services
CSV
$540M
| $2.89M | ﹤0.01% |
166,600
+1,200
| +0.7% | +$21K |
|
|
RAS
1822
DELISTED
RAIT Financial Trust
RAS
| $2.88M | ﹤0.01% |
387,700
-59,994
| -13% | -$474K |
|
1823
Civeo
CVEO
$342M
| $2.87M | ﹤0.01% |
20,583
-717
| -3% | -$216K |
|
1824
Tennant Co
TNC
$1.17B
| $2.86M | ﹤0.01% |
42,683
+58
| +0.1% | +$4.16K |
|
|
BBT
1825
Beacon Financial Corp
BBT
$2.7B
| $2.86M | ﹤0.01% |
121,900
+4,500
| +4% | +$108K |
|
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.