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 | |
|---|---|---|---|---|---|---|
|
BONA
1901
DELISTED
BONA FILM GROUP LTD SPONSORED ADS
BONA
| $1.99M | ﹤0.01% |
147,023
-3,700
| -2% | -$49.7K |
|
|
WWE
1902
DELISTED
World Wrestling Entertainment
WWE
| $1.99M | ﹤0.01% |
112,400
-1,100
| -1% | -$18.7K |
|
1903
Terreno Realty
TRNO
$7.5B
| $1.98M | ﹤0.01% |
84,500
-3,000
| -3% | -$66.8K |
|
|
LAYN
1904
DELISTED
Layne Christensen Co
LAYN
| $1.98M | ﹤0.01% |
275,200
+22,900
| +9% | +$134K |
|
|
VIVO
1905
DELISTED
Meridian Bioscience Inc
VIVO
| $1.97M | ﹤0.01% |
95,800
+1,800
| +2% | +$35.5K |
|
|
GLF
1906
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $1.97M | ﹤0.01% |
319,900
+130,100
| +69% | +$566K |
|
1907
Carlyle Group
CG
$18.3B
| $1.97M | ﹤0.01% |
116,900
-6,500
| -5% | -$95.2K |
|
|
ANK
1908
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $1.97M | ﹤0.01% |
26,000
-4,500
| -15% | -$341K |
|
|
IRBT
1909
DELISTED
iRobot
IRBT
| $1.97M | ﹤0.01% |
55,700
-2,200
| -4% | -$71.6K |
|
|
VSI
1910
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.97M | ﹤0.01% |
63,500
-1,500
| -2% | -$45.1K |
|
|
DM
1911
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $1.96M | ﹤0.01% |
+58,200
| New | +$1.73M |
|
1912
Energy Recovery
ERII
$399M
| $1.96M | ﹤0.01% |
189,500
| – | – |
|
|
PKD
1913
DELISTED
Parker Drilling Company
PKD
| $1.95M | ﹤0.01% |
61,287
+8,154
| +15% | +$193K |
|
1914
Matthews International
MATW
$722M
| $1.95M | ﹤0.01% |
37,800
-1,700
| -4% | -$83.1K |
|
|
LNW
1915
DELISTED
Light & Wonder
LNW
| $1.95M | ﹤0.01% |
206,262
+43,200
| +26% | +$322K |
|
|
EPZM
1916
DELISTED
Epizyme, Inc
EPZM
| $1.94M | ﹤0.01% |
160,300
-9,700
| -6% | -$98.1K |
|
|
HOS
1917
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.94M | ﹤0.01% |
195,500
+41,500
| +27% | +$349K |
|
1918
OraSure Technologies
OSUR
$277M
| $1.94M | ﹤0.01% |
268,300
-4,100
| -2% | -$26.1K |
|
1919
Hecla Mining
HL
$11.9B
| $1.94M | ﹤0.01% |
696,500
-41,800
| -6% | -$94.5K |
|
1920
Saia
SAIA
$10.1B
| $1.94M | ﹤0.01% |
68,750
-2,600
| -4% | -$64.2K |
|
1921
Heritage Financial
HFWA
$1.23B
| $1.93M | ﹤0.01% |
110,100
-4,700
| -4% | -$82.8K |
|
|
NTK
1922
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $1.93M | ﹤0.01% |
40,000
+7,400
| +23% | +$302K |
|
|
ECHO
1923
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.93M | ﹤0.01% |
71,092
-2,700
| -4% | -$64.4K |
|
1924
StealthGas
GASS
$343M
| $1.93M | ﹤0.01% |
546,300
-32,800
| -6% | -$101K |
|
1925
ReWalk Robotics
LFWD
$22.2M
| $1.93M | ﹤0.01% |
98
| – | – |
|
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.