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 |
AGN
Allergan plc
AGN
|
+$53.1M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$46.4M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$23.4M |
| 5 |
Alibaba
BABA
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$103M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
ExxonMobil
XOM
|
+$45.5M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.72% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RUTH
1876
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.67M | ﹤0.01% |
241,977
+20,200
| +9% | +$230K |
|
|
ARNA
1877
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $2.67M | ﹤0.01% |
63,630
| – | – |
|
|
LDL
1878
DELISTED
Lydall, Inc.
LDL
| $2.66M | ﹤0.01% |
98,500
+500
| +0.5% | +$13.8K |
|
|
TCF
1879
DELISTED
TCF Financial Corporation Common Stock
TCF
| $2.66M | ﹤0.01% |
98,800
+6,000
| +6% | +$167K |
|
1880
Churchill Downs
CHDN
$6.2B
| $2.65M | ﹤0.01% |
163,026
+600
| +0.4% | +$9.22K |
|
1881
MGE Energy Inc
MGEE
$3.06B
| $2.65M | ﹤0.01% |
71,100
+1,600
| +2% | +$62.5K |
|
1882
Credit Acceptance
CACC
$6.06B
| $2.65M | ﹤0.01% |
20,997
-700
| -3% | -$85.8K |
|
|
PMC
1883
DELISTED
PharMerica Corporation
PMC
| $2.65M | ﹤0.01% |
108,308
-11,800
| -10% | -$313K |
|
1884
SouthState Bank Corp
SSB
$10.8B
| $2.64M | ﹤0.01% |
+47,269
| New | +$2.79M |
|
|
CJES
1885
DELISTED
C&J ENERGY SVCS LTD
CJES
| $2.64M | ﹤0.01% |
86,528
| – | – |
|
1886
Entegris
ENTG
$25.1B
| $2.64M | ﹤0.01% |
229,600
+1,100
| +0.5% | +$13.5K |
|
|
CTCT
1887
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $2.63M | ﹤0.01% |
96,800
+12,400
| +15% | +$388K |
|
1888
Rambus
RMBS
$10.8B
| $2.63M | ﹤0.01% |
210,400
-89,300
| -30% | -$1.13M |
|
1889
Coeur Mining
CDE
$19B
| $2.62M | ﹤0.01% |
527,280
+86,500
| +20% | +$665K |
|
|
CVGW
1890
DELISTED
Calavo Growers
CVGW
| $2.61M | ﹤0.01% |
57,800
+15,300
| +36% | +$581K |
|
|
BRFS
1891
DELISTED
BRF SA
BRFS
| $2.61M | ﹤0.01% |
109,541
| – | – |
|
1892
Astronics
ATRO
$4.58B
| $2.6M | ﹤0.01% |
99,644
-5,308
| -5% | -$145K |
|
|
ALX
1893
Alexander's
ALX
$1.4B
| $2.6M | ﹤0.01% |
6,959
| – | – |
|
|
HNGR
1894
DELISTED
Hanger Inc.
HNGR
| $2.6M | ﹤0.01% |
126,689
-623
| -0.5% | -$15.9K |
|
1895
J&J Snack Foods
JJSF
$1.7B
| $2.6M | ﹤0.01% |
27,735
+500
| +2% | +$47.1K |
|
|
LNW
1896
DELISTED
Light & Wonder
LNW
| $2.6M | ﹤0.01% |
240,939
-233,689
| -49% | -$2.39M |
|
|
AAWW
1897
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $2.6M | ﹤0.01% |
78,600
+4,100
| +6% | +$142K |
|
|
ACI
1898
DELISTED
ARCH COAL, INC.
ACI
| $2.59M | ﹤0.01% |
122,353
+26,410
| +28% | +$791K |
|
|
RDUS
1899
DELISTED
Radius Recycling
RDUS
| $2.59M | ﹤0.01% |
107,662
+8,200
| +8% | +$218K |
|
|
CBK
1900
DELISTED
Christopher & Banks Corporation
CBK
| $2.59M | ﹤0.01% |
261,577
+14,467
| +6% | +$139K |
|
Similar funds
California Public Employees Retirement System's Q3 2014 Portfolio in Review
As of Q3 2014, California Public Employees Retirement System held 3,865 positions worth $72.4B, down 1.6% from $73.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.3%. California Public Employees Retirement System opened 75 new positions and exited 91, leaving the 3,865-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2014 buy was Weatherford International plc: 2,064,346 shares worth $42.9M.
- California Public Employees Retirement System added most to Allergan plc in Q3 2014, an estimated $53.1M increase.
- California Public Employees Retirement System's biggest Q3 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $103M.
- California Public Employees Retirement System fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $73.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $72.4B portfolio in Q3 2014.
- California Public Employees Retirement System opened 75 new positions and closed 91 in Q3 2014.
- California Public Employees Retirement System's portfolio value fell 1.6% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q3 2014, filed 7 Nov 2014.