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 | |
|---|---|---|---|---|---|---|
|
KAMN
1826
DELISTED
Kaman Corp
KAMN
| $2.35M | ﹤0.01% |
53,600
-5,800
| -10% | -$254K |
|
|
VASC
1827
DELISTED
Vascular Solutions Inc
VASC
| $2.35M | ﹤0.01% |
48,800
-2,100
| -4% | -$97.8K |
|
1828
Meritage Homes
MTH
$4.79B
| $2.35M | ﹤0.01% |
135,600
-7,600
| -5% | -$138K |
|
1829
Tompkins Financial
TMP
$1.45B
| $2.35M | ﹤0.01% |
30,700
-4,700
| -13% | -$336K |
|
|
UCB
1830
United Community Banks
UCB
$4.41B
| $2.33M | ﹤0.01% |
110,900
-11,200
| -9% | -$222K |
|
1831
DXP Enterprises
DXPE
$3B
| $2.33M | ﹤0.01% |
82,500
+2,100
| +3% | +$48.4K |
|
|
SIGM
1832
DELISTED
Sigma Designs Inc
SIGM
| $2.32M | ﹤0.01% |
298,300
| – | – |
|
|
SNCR
1833
DELISTED
Synchronoss Technologies
SNCR
| $2.32M | ﹤0.01% |
6,267
-400
| -6% | -$141K |
|
|
ENOC
1834
DELISTED
EnerNOC, Inc.
ENOC
| $2.32M | ﹤0.01% |
429,400
+22,200
| +5% | +$135K |
|
1835
McEwen Inc
MUX
$1.13B
| $2.32M | ﹤0.01% |
63,220
-2,540
| -4% | -$105K |
|
1836
A10 Networks
ATEN
$1.98B
| $2.32M | ﹤0.01% |
216,800
-14,900
| -6% | -$130K |
|
|
AJRD
1837
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.32M | ﹤0.01% |
131,800
+1,700
| +1% | +$30.8K |
|
|
DYN
1838
DELISTED
Dynegy, Inc.
DYN
| $2.31M | ﹤0.01% |
186,819
-9,300
| -5% | -$132K |
|
1839
Buckle
BKE
$2.3B
| $2.31M | ﹤0.01% |
96,200
+7,100
| +8% | +$183K |
|
1840
Saia
SAIA
$10.1B
| $2.31M | ﹤0.01% |
77,000
-2,050
| -3% | -$58.8K |
|
|
LXFT
1841
DELISTED
Luxoft Holding, Inc.
LXFT
| $2.3M | ﹤0.01% |
43,600
-7,200
| -14% | -$383K |
|
1842
Banner Corp
BANR
$2.49B
| $2.29M | ﹤0.01% |
52,400
-3,000
| -5% | -$129K |
|
1843
NN Inc
NNBR
$297M
| $2.29M | ﹤0.01% |
125,600
-6,300
| -5% | -$106K |
|
|
RAS
1844
DELISTED
RAIT Financial Trust
RAS
| $2.29M | ﹤0.01% |
676,900
+63,000
| +10% | +$197K |
|
1845
Casella Waste Systems
CWST
$5.79B
| $2.28M | ﹤0.01% |
221,600
-18,700
| -8% | -$170K |
|
|
IMOS
1846
ChipMOS TECHNOLOGIES
IMOS
$2.02B
| $2.28M | ﹤0.01% |
104,639
-1,996
| -2% | -$41.3K |
|
|
CEQP
1847
DELISTED
Crestwood Equity Partners LP
CEQP
| $2.28M | ﹤0.01% |
107,452
-7,400
| -6% | -$154K |
|
|
LMNX
1848
DELISTED
Luminex Corp
LMNX
| $2.27M | ﹤0.01% |
100,100
+1,000
| +1% | +$21.8K |
|
|
ALDR
1849
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.27M | ﹤0.01% |
69,400
-4,800
| -6% | -$146K |
|
|
YELL
1850
DELISTED
Yellow Corporation Common Stock
YELL
| $2.27M | ﹤0.01% |
184,600
-58,800
| -24% | -$656K |
|
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.