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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1801
Stratasys
SSYS
$779M
| $2.34M | ﹤0.01% |
90,400
-5,500
| -6% | -$112K |
|
|
SFR
1802
DELISTED
Starwood Waypoint Homes
SFR
| $2.34M | ﹤0.01% |
+94,460
| New | +$2.11M |
|
1803
Banner Corp
BANR
$2.5B
| $2.34M | ﹤0.01% |
55,600
-17,000
| -23% | -$697K |
|
|
EQM
1804
DELISTED
EQM Midstream Partners, LP
EQM
| $2.34M | ﹤0.01% |
31,400
-1,400
| -4% | -$98.4K |
|
|
SIRE
1805
DELISTED
Sisecam Resources LP
SIRE
| $2.33M | ﹤0.01% |
90,000
| – | – |
|
|
ARIA
1806
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $2.33M | ﹤0.01% |
363,900
-21,900
| -6% | -$123K |
|
1807
Comtech Telecommunications
CMTL
$52.7M
| $2.32M | ﹤0.01% |
99,395
+21,000
| +27% | +$430K |
|
|
ACOR
1808
DELISTED
Acorda Therapeutics
ACOR
| $2.32M | ﹤0.01% |
730
+94
| +15% | +$390K |
|
|
BEL
1809
DELISTED
Belmond Ltd.
BEL
| $2.31M | ﹤0.01% |
243,900
-14,000
| -5% | -$125K |
|
1810
Red Robin
RRGB
$183M
| $2.31M | ﹤0.01% |
35,900
-1,800
| -5% | -$112K |
|
|
AJRD
1811
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.31M | ﹤0.01% |
141,200
-3,700
| -3% | -$57.9K |
|
|
EGOV
1812
DELISTED
NIC Inc
EGOV
| $2.31M | ﹤0.01% |
128,200
+3,958
| +3% | +$71.5K |
|
1813
Insteel Industries
IIIN
$634M
| $2.31M | ﹤0.01% |
75,500
+800
| +1% | +$20K |
|
1814
Global Partners
GLP
$1.69B
| $2.31M | ﹤0.01% |
170,800
-10,300
| -6% | -$153K |
|
|
GTLS
1815
DELISTED
Chart Industries
GTLS
| $2.3M | ﹤0.01% |
106,100
+9,700
| +10% | +$173K |
|
1816
Titan International
TWI
$438M
| $2.3M | ﹤0.01% |
428,200
+163,300
| +62% | +$679K |
|
|
SIR
1817
DELISTED
SELECT INCOME REIT
SIR
| $2.3M | ﹤0.01% |
226,818
+3,185
| +1% | +$28.3K |
|
|
AMAG
1818
DELISTED
AMAG Pharmaceuticals
AMAG
| $2.3M | ﹤0.01% |
98,100
-5,900
| -6% | -$140K |
|
|
TBHC
1819
DELISTED
The Brand House Collective
TBHC
| $2.29M | ﹤0.01% |
131,000
+15,600
| +14% | +$218K |
|
|
BRS
1820
DELISTED
Bristow Group, Inc.
BRS
| $2.29M | ﹤0.01% |
121,200
+45,300
| +60% | +$839K |
|
|
GHDX
1821
DELISTED
Genomic Health, Inc.
GHDX
| $2.29M | ﹤0.01% |
92,300
+15,100
| +20% | +$414K |
|
1822
Gibraltar Industries
ROCK
$1.45B
| $2.28M | ﹤0.01% |
79,700
-30,200
| -27% | -$704K |
|
|
BNCN
1823
DELISTED
BNC Bancorp
BNCN
| $2.28M | ﹤0.01% |
107,919
-15,000
| -12% | -$323K |
|
1824
Towne Bank
TOWN
$3.5B
| $2.28M | ﹤0.01% |
118,700
-11,000
| -8% | -$203K |
|
|
TPC
1825
Tutor Perini Cor
TPC
$4.98B
| $2.28M | ﹤0.01% |
146,500
+27,500
| +23% | +$381K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.