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 | |
|---|---|---|---|---|---|---|
|
HT
1851
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.16M | ﹤0.01% |
101,268
+1,800
| +2% | +$35.3K |
|
|
NM
1852
DELISTED
Navios Maritime Holdings Inc.
NM
| $2.16M | ﹤0.01% |
191,110
+17,930
| +10% | +$187K |
|
1853
Credicorp
BAP
$29.8B
| $2.16M | ﹤0.01% |
16,471
| – | – |
|
|
KKD
1854
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $2.15M | ﹤0.01% |
138,100
-1,600
| -1% | -$23.2K |
|
1855
CareTrust REIT
CTRE
$9.18B
| $2.15M | ﹤0.01% |
169,200
-8,800
| -5% | -$97.5K |
|
|
ZNGA
1856
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $2.15M | ﹤0.01% |
941,500
-56,500
| -6% | -$126K |
|
|
NWHM
1857
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $2.14M | ﹤0.01% |
174,800
| – | – |
|
1858
Pacific Biosciences
PACB
$357M
| $2.13M | ﹤0.01% |
250,900
-15,200
| -6% | -$149K |
|
|
UCB
1859
United Community Banks
UCB
$4.43B
| $2.13M | ﹤0.01% |
115,400
+20,200
| +21% | +$358K |
|
|
RAVN
1860
DELISTED
Raven Industries Inc
RAVN
| $2.13M | ﹤0.01% |
132,900
-4,500
| -3% | -$68.1K |
|
1861
Kodak
KODK
$978M
| $2.12M | ﹤0.01% |
195,100
+45,700
| +31% | +$447K |
|
|
BFX
1862
DELISTED
BowFlex Inc.
BFX
| $2.11M | ﹤0.01% |
109,400
-11,500
| -10% | -$216K |
|
1863
Gray Television
GTN
$520M
| $2.11M | ﹤0.01% |
180,200
-28,300
| -14% | -$348K |
|
|
NCI
1864
DELISTED
Navigant Consulting, Inc.
NCI
| $2.11M | ﹤0.01% |
133,200
-50,110
| -27% | -$767K |
|
1865
Albany International
AIN
$1.82B
| $2.1M | ﹤0.01% |
55,948
-5,200
| -9% | -$183K |
|
1866
Globus Medical
GMED
$11.5B
| $2.1M | ﹤0.01% |
88,400
+5,300
| +6% | +$130K |
|
|
SN
1867
DELISTED
Sanchez Energy Corporation
SN
| $2.1M | ﹤0.01% |
382,400
+12,900
| +3% | +$50K |
|
|
HNH
1868
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $2.09M | ﹤0.01% |
76,500
-4,700
| -6% | -$92.3K |
|
|
UTEK
1869
DELISTED
Ultratech Inc.
UTEK
| $2.09M | ﹤0.01% |
95,600
-5,900
| -6% | -$116K |
|
|
NKA
1870
DELISTED
NISKA GAS STORAGE PARTNERS LLC UNIT LTD LIABILITY CO INTS
NKA
| $2.08M | ﹤0.01% |
583,900
| – | – |
|
|
ASRT
1871
DELISTED
Assertio
ASRT
| $2.08M | ﹤0.01% |
2,493
-1,032
| -29% | -$957K |
|
|
OME
1872
DELISTED
Omega Protein
OME
| $2.08M | ﹤0.01% |
123,000
+4,000
| +3% | +$82K |
|
1873
BJ's Restaurants
BJRI
$1.42B
| $2.08M | ﹤0.01% |
50,100
-8,200
| -14% | -$350K |
|
1874
Citi Trends
CTRN
$621M
| $2.08M | ﹤0.01% |
116,669
+9,500
| +9% | +$178K |
|
1875
John B. Sanfilippo & Son
JBSS
$1.01B
| $2.08M | ﹤0.01% |
30,100
-4,500
| -13% | -$281K |
|
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.