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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
UCB
1851
United Community Banks
UCB
$4.43B
| $2.23M | ﹤0.01% |
122,100
+6,700
| +6% | +$129K |
|
|
ITCI
1852
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $2.23M | ﹤0.01% |
57,500
-1,800
| -3% | -$64.7K |
|
1853
Globus Medical
GMED
$11.5B
| $2.23M | ﹤0.01% |
93,500
+5,100
| +6% | +$122K |
|
1854
StealthGas
GASS
$343M
| $2.22M | ﹤0.01% |
586,400
+40,100
| +7% | +$169K |
|
|
IRBT
1855
DELISTED
iRobot
IRBT
| $2.21M | ﹤0.01% |
63,000
+7,300
| +13% | +$268K |
|
|
CDR
1856
DELISTED
Cedar Realty Trust, Inc
CDR
| $2.2M | ﹤0.01% |
44,803
+6,818
| +18% | +$316K |
|
|
GTS
1857
DELISTED
Triple-S Management Corporation
GTS
| $2.19M | ﹤0.01% |
94,284
-14,190
| -13% | -$330K |
|
|
MSGN
1858
DELISTED
MSG Networks Inc.
MSGN
| $2.19M | ﹤0.01% |
142,500
-20,666
| -13% | -$348K |
|
1859
Albany International
AIN
$1.83B
| $2.18M | ﹤0.01% |
54,648
-1,300
| -2% | -$51.3K |
|
1860
GoPro
GPRO
$118M
| $2.18M | ﹤0.01% |
201,400
-6,300
| -3% | -$69.9K |
|
|
TLN
1861
DELISTED
Talen Energy Corporation
TLN
| $2.18M | ﹤0.01% |
160,600
-4,800
| -3% | -$58.8K |
|
1862
OFG Bancorp
OFG
$2.26B
| $2.17M | ﹤0.01% |
262,000
+25,400
| +11% | +$207K |
|
|
BITA
1863
DELISTED
Bitauto Holdings Limited
BITA
| $2.17M | ﹤0.01% |
80,600
-2,100
| -3% | -$51K |
|
|
DHIL
1864
DELISTED
Diamond Hill
DHIL
| $2.17M | ﹤0.01% |
11,500
-2,700
| -19% | -$489K |
|
|
INN
1865
Summit Hotel Properties
INN
$656M
| $2.16M | ﹤0.01% |
163,310
+85,800
| +111% | +$1.02M |
|
1866
Energy Recovery
ERII
$397M
| $2.15M | ﹤0.01% |
242,400
+52,900
| +28% | +$564K |
|
1867
Kforce
KFRC
$1.08B
| $2.15M | ﹤0.01% |
127,500
+4,400
| +4% | +$81.8K |
|
1868
Enterprise Financial Services Corp
EFSC
$2.41B
| $2.15M | ﹤0.01% |
77,200
+1,800
| +2% | +$49K |
|
1869
Cohen & Steers
CNS
$4.4B
| $2.15M | ﹤0.01% |
53,200
+5,600
| +12% | +$220K |
|
1870
DigitalBridge
DBRG
$2.94B
| $2.15M | ﹤0.01% |
52,650
-1,650
| -3% | -$78.5K |
|
1871
RadNet
RDNT
$6.1B
| $2.15M | ﹤0.01% |
402,400
+8,100
| +2% | +$41.9K |
|
1872
BJ's Restaurants
BJRI
$1.43B
| $2.14M | ﹤0.01% |
48,900
-1,200
| -2% | -$53.1K |
|
|
CIO
1873
DELISTED
City Office REIT
CIO
| $2.14M | ﹤0.01% |
165,000
| – | – |
|
|
YELL
1874
DELISTED
Yellow Corporation Common Stock
YELL
| $2.14M | ﹤0.01% |
243,400
-67,400
| -22% | -$602K |
|
|
JOYY
1875
JOYY Inc
JOYY
$3.63B
| $2.14M | ﹤0.01% |
63,100
-12,400
| -16% | -$619K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.