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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.1M |
| 3 |
Marriott International
MAR
|
+$21.6M |
| 4 |
Coty
COTY
|
+$21.3M |
| 5 |
Procter & Gamble
PG
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$116M |
| 3 |
ExxonMobil
XOM
|
+$56.5M |
| 4 |
Comcast
CMCSA
|
+$50.3M |
| 5 |
JPMorgan Chase
JPM
|
+$50M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.66% |
| 2 | Technology | 14.7% |
| 3 | Healthcare | 13.18% |
| 4 | Industrials | 10.68% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OCLR
1801
DELISTED
Oclaro Inc.
OCLR
| $2.45M | ﹤0.01% |
286,524
| – | – |
|
|
SAAS
1802
DELISTED
inContact, Inc.
SAAS
| $2.44M | ﹤0.01% |
174,900
-12,100
| -6% | -$168K |
|
1803
Regis Corp
RGS
$70.7M
| $2.44M | ﹤0.01% |
9,724
-290
| -3% | -$76K |
|
1804
Clearway Energy Class C
CWEN
$7.08B
| $2.43M | ﹤0.01% |
143,500
-9,400
| -6% | -$161K |
|
|
IQNT
1805
DELISTED
Inteliquent, Inc.
IQNT
| $2.43M | ﹤0.01% |
150,728
+300
| +0.2% | +$5.26K |
|
|
NM
1806
DELISTED
Navios Maritime Holdings Inc.
NM
| $2.41M | ﹤0.01% |
199,440
+2,260
| +1% | +$23.6K |
|
1807
Barrett Business Services
BBSI
$752M
| $2.41M | ﹤0.01% |
194,000
-188,000
| -49% | -$2.12M |
|
|
MTOR
1808
DELISTED
MERITOR, Inc.
MTOR
| $2.41M | ﹤0.01% |
216,200
+1,600
| +0.7% | +$15.6K |
|
|
ONCE
1809
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $2.4M | ﹤0.01% |
+40,000
| New | +$2.31M |
|
1810
CVB Financial
CVBF
$4.05B
| $2.4M | ﹤0.01% |
136,300
-6,700
| -5% | -$114K |
|
1811
Halozyme
HALO
$11.6B
| $2.4M | ﹤0.01% |
198,500
-13,600
| -6% | -$139K |
|
1812
Veeco
VECO
$3.28B
| $2.4M | ﹤0.01% |
122,100
+4,800
| +4% | +$90.4K |
|
|
UTEK
1813
DELISTED
Ultratech Inc.
UTEK
| $2.39M | ﹤0.01% |
103,700
+11,000
| +12% | +$267K |
|
1814
Boston Beer
SAM
$1.89B
| $2.39M | ﹤0.01% |
15,400
-1,000
| -6% | -$174K |
|
1815
Apogee Enterprises
APOG
$895M
| $2.39M | ﹤0.01% |
53,400
-4,000
| -7% | -$187K |
|
1816
Mercury Insurance
MCY
$5.9B
| $2.38M | ﹤0.01% |
43,458
-5,100
| -11% | -$276K |
|
1817
Extreme Networks
EXTR
$3.23B
| $2.38M | ﹤0.01% |
530,100
-3,400
| -0.6% | -$13.4K |
|
1818
Compass Diversified
CODI
$913M
| $2.37M | ﹤0.01% |
136,600
-8,000
| -6% | -$136K |
|
1819
Renasant Corp
RNST
$3.97B
| $2.37M | ﹤0.01% |
70,572
-16,400
| -19% | -$550K |
|
|
AMWD
1820
DELISTED
American Woodmark
AMWD
| $2.37M | ﹤0.01% |
29,400
-7,900
| -21% | -$617K |
|
1821
Resources Connection
RGP
$149M
| $2.37M | ﹤0.01% |
158,285
-1,900
| -1% | -$28.3K |
|
1822
Liberty Media Series C
FWONK
$26.2B
| $2.36M | ﹤0.01% |
86,829
-5,998
| -6% | -$131K |
|
1823
Integer Holdings
ITGR
$4.26B
| $2.36M | ﹤0.01% |
+108,800
| New | +$2.78M |
|
1824
Winnebago Industries
WGO
$905M
| $2.36M | ﹤0.01% |
100,100
-6,800
| -6% | -$158K |
|
|
RUTH
1825
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.36M | ﹤0.01% |
166,892
-9,500
| -5% | -$145K |
|
Similar funds
California Public Employees Retirement System's Q3 2016 Portfolio in Review
As of Q3 2016, California Public Employees Retirement System held 3,593 positions worth $60.8B, down 1.5% from $61.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.44B in Q3 2016, closing 113 positions and reducing 2,164 holdings. Its most notable exit was EMC CORPORATION, an estimated $132M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Fortive worth $29.3M.
- California Public Employees Retirement System's largest Q3 2016 buy was Fortive: 912,923 shares worth $29.3M.
- California Public Employees Retirement System added most to Johnson Controls International in Q3 2016, an estimated $24.1M increase.
- California Public Employees Retirement System's biggest Q3 2016 reduction was Apple, cutting an estimated $116M.
- California Public Employees Retirement System fully exited EMC CORPORATION in Q3 2016, selling an estimated $132M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $60.8B portfolio in Q3 2016.
- California Public Employees Retirement System opened 28 new positions and closed 113 in Q3 2016.
- California Public Employees Retirement System's portfolio value fell 1.5% quarter-over-quarter to $60.8B.
Based on California Public Employees Retirement System's 13F filing for Q3 2016, filed 24 Oct 2016.