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 | |
|---|---|---|---|---|---|---|
1826
Cemex
CX
$16.1B
| $3.08M | ﹤0.01% |
261,475
-17,443
| -6% | -$198K |
|
1827
Pegasystems
PEGA
$5.44B
| $3.07M | ﹤0.01% |
291,124
-363,924
| -56% | -$3.48M |
|
|
ENOC
1828
DELISTED
EnerNOC, Inc.
ENOC
| $3.07M | ﹤0.01% |
162,200
-61,580
| -28% | -$1.24M |
|
|
IDIX
1829
DELISTED
IDENIX PHARMACEUTICALS INC
IDIX
| $3.07M | ﹤0.01% |
127,400
| – | – |
|
1830
Puma Biotechnology
PBYI
$456M
| $3.07M | ﹤0.01% |
46,500
-2,715
| -6% | -$193K |
|
|
KBAL
1831
DELISTED
Kimball International
KBAL
| $3.07M | ﹤0.01% |
235,064
-9,863
| -4% | -$130K |
|
1832
Agios Pharmaceuticals
AGIO
$1.98B
| $3.06M | ﹤0.01% |
+66,853
| New | +$2.73M |
|
|
NPKI
1833
NPK International
NPKI
$1.17B
| $3.06M | ﹤0.01% |
245,700
+3,200
| +1% | +$37.3K |
|
|
GPX
1834
DELISTED
GP Strategies Corp.
GPX
| $3.06M | ﹤0.01% |
118,200
-5,000
| -4% | -$126K |
|
|
NCI
1835
DELISTED
Navigant Consulting, Inc.
NCI
| $3.06M | ﹤0.01% |
175,110
-14,900
| -8% | -$258K |
|
|
ANH
1836
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.05M | ﹤0.01% |
591,500
+10,100
| +2% | +$53.7K |
|
|
ISEE
1837
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $3.05M | ﹤0.01% |
+72,062
| New | +$2.64M |
|
|
JOBS
1838
DELISTED
51job Inc
JOBS
| $3.03M | ﹤0.01% |
92,000
-37,984
| -29% | -$1.24M |
|
1839
Winnebago Industries
WGO
$926M
| $3.03M | ﹤0.01% |
120,400
| – | – |
|
|
LOGM
1840
DELISTED
LogMein, Inc.
LOGM
| $3.03M | ﹤0.01% |
65,000
-16,600
| -20% | -$715K |
|
1841
B&G Foods
BGS
$281M
| $3.03M | ﹤0.01% |
92,600
+4,300
| +5% | +$141K |
|
1842
Park-Ohio Holdings
PKOH
$679M
| $3.03M | ﹤0.01% |
52,099
+1,307
| +3% | +$73.8K |
|
|
ADAM
1843
Adamas Trust
ADAM
$920M
| $3.01M | ﹤0.01% |
96,400
+1,300
| +1% | +$40.1K |
|
1844
BJ's Restaurants
BJRI
$1.45B
| $3.01M | ﹤0.01% |
86,200
+29,700
| +53% | +$945K |
|
|
CAA
1845
DELISTED
CalAtlantic Group, Inc.
CAA
| $3M | ﹤0.01% |
69,880
-9,480
| -12% | -$385K |
|
1846
Andersons Inc
ANDE
$2.19B
| $3M | ﹤0.01% |
58,200
-10,900
| -16% | -$599K |
|
1847
China Yuchai International
CYD
$1.76B
| $3M | ﹤0.01% |
141,300
| – | – |
|
|
I
1848
DELISTED
INTELSAT S. A.
I
| $3M | ﹤0.01% |
159,100
+53,900
| +51% | +$1M |
|
|
AXON
1849
Axon Enterprise
AXON
$51.7B
| $2.99M | ﹤0.01% |
224,938
-66,050
| -23% | -$982K |
|
1850
Magnachip Semiconductor
MX
$143M
| $2.98M | ﹤0.01% |
211,289
+5,800
| +3% | +$78.1K |
|
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.