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 | |
|---|---|---|---|---|---|---|
1901
China Yuchai International
CYD
$1.7B
| $2.58M | ﹤0.01% |
139,300
-2,000
| -1% | -$40.9K |
|
1902
Opko Health
OPK
$1.04B
| $2.58M | ﹤0.01% |
303,464
+2
| +0% | +$18 |
|
|
TUES
1903
DELISTED
Tuesday Morning Corp
TUES
| $2.58M | ﹤0.01% |
133,042
+10,769
| +9% | +$192K |
|
1904
CONMED
CNMD
$1.49B
| $2.58M | ﹤0.01% |
70,000
-99,500
| -59% | -$3.95M |
|
1905
Ligand Pharmaceuticals
LGND
$5.76B
| $2.57M | ﹤0.01% |
87,808
| – | – |
|
|
MASI
1906
DELISTED
Masimo
MASI
| $2.57M | ﹤0.01% |
120,592
+16,600
| +16% | +$379K |
|
|
EPAY
1907
DELISTED
Bottomline Technologies Inc
EPAY
| $2.56M | ﹤0.01% |
92,900
-16,345
| -15% | -$459K |
|
1908
Dycom Industries
DY
$12.3B
| $2.56M | ﹤0.01% |
83,300
+1,800
| +2% | +$54.8K |
|
|
OWW
1909
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $2.56M | ﹤0.01% |
324,700
+12,000
| +4% | +$103K |
|
|
CIVI
1910
DELISTED
Civitas Resources
CIVI
| $2.55M | ﹤0.01% |
402
+9
| +2% | +$58.5K |
|
1911
Nexstar Media Group
NXST
$5.81B
| $2.55M | ﹤0.01% |
63,000
| – | – |
|
|
FFIC
1912
DELISTED
Flushing Financial
FFIC
| $2.53M | ﹤0.01% |
138,545
| – | – |
|
|
NP
1913
DELISTED
Neenah, Inc. Common Stock
NP
| $2.52M | ﹤0.01% |
47,200
+100
| +0.2% | +$5.38K |
|
|
AMAG
1914
DELISTED
AMAG Pharmaceuticals
AMAG
| $2.52M | ﹤0.01% |
79,000
| – | – |
|
|
ACET
1915
DELISTED
Aceto Corp
ACET
| $2.52M | ﹤0.01% |
130,304
+2,100
| +2% | +$39.5K |
|
|
PWRD
1916
DELISTED
PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
| $2.52M | ﹤0.01% |
127,800
| – | – |
|
|
PVA
1917
DELISTED
PENN VIRGINIA CORP
PVA
| $2.51M | ﹤0.01% |
197,789
-65,200
| -25% | -$915K |
|
1918
Arcos Dorados Holdings
ARCO
$1.71B
| $2.51M | ﹤0.01% |
430,864
+25,285
| +6% | +$204K |
|
|
UAM
1919
DELISTED
Universal American Corp
UAM
| $2.5M | ﹤0.01% |
310,600
-15,800
| -5% | -$131K |
|
1920
B&G Foods
BGS
$300M
| $2.5M | ﹤0.01% |
90,600
-2,000
| -2% | -$59K |
|
1921
Park-Ohio Holdings
PKOH
$720M
| $2.49M | ﹤0.01% |
52,099
| – | – |
|
1922
Simpson Manufacturing
SSD
$8B
| $2.49M | ﹤0.01% |
85,500
-900
| -1% | -$29.2K |
|
|
INXN
1923
DELISTED
Interxion Holding N.V.
INXN
| $2.49M | ﹤0.01% |
90,000
+3,300
| +4% | +$91.1K |
|
1924
Unilever
UL
$135B
| $2.49M | ﹤0.01% |
52,796
| – | – |
|
|
KAMN
1925
DELISTED
Kaman Corp
KAMN
| $2.49M | ﹤0.01% |
63,300
+200
| +0.3% | +$8.18K |
|
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.