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 | |
|---|---|---|---|---|---|---|
|
NSA
1926
DELISTED
National Storage Affiliates Trust
NSA
| $1.95M | ﹤0.01% |
93,700
+47,700
| +104% | +$991K |
|
|
AMRI
1927
DELISTED
Albany Molecular Research Inc
AMRI
| $1.95M | ﹤0.01% |
144,800
-1,300
| -0.9% | -$19K |
|
|
IVC
1928
DELISTED
Invacare Corporation
IVC
| $1.95M | ﹤0.01% |
160,328
+18,500
| +13% | +$218K |
|
1929
Boise Cascade
BCC
$2.9B
| $1.94M | ﹤0.01% |
84,700
+2,400
| +3% | +$52.5K |
|
1930
Veeco
VECO
$3.27B
| $1.94M | ﹤0.01% |
117,300
+10,700
| +10% | +$190K |
|
|
HNH
1931
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.94M | ﹤0.01% |
74,100
-2,400
| -3% | -$63.2K |
|
|
BRSS
1932
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $1.94M | ﹤0.01% |
71,100
-900
| -1% | -$23.9K |
|
|
CKEC
1933
DELISTED
Carmike Cinemas Inc
CKEC
| $1.94M | ﹤0.01% |
64,300
+7,700
| +14% | +$231K |
|
1934
Alliance Resource Partners
ARLP
$3.2B
| $1.93M | ﹤0.01% |
122,600
| – | – |
|
1935
Theravance Biopharma
TBPH
$879M
| $1.93M | ﹤0.01% |
84,900
-2,700
| -3% | -$58.3K |
|
|
AFAM
1936
DELISTED
Almost Family Inc
AFAM
| $1.93M | ﹤0.01% |
45,200
-600
| -1% | -$24.7K |
|
1937
Encore Capital Group
ECPG
$2.02B
| $1.93M | ﹤0.01% |
81,800
+2,800
| +4% | +$71.9K |
|
|
RAS
1938
DELISTED
RAIT Financial Trust
RAS
| $1.92M | ﹤0.01% |
613,900
+69,100
| +13% | +$211K |
|
|
SIGM
1939
DELISTED
Sigma Designs Inc
SIGM
| $1.92M | ﹤0.01% |
298,300
| – | – |
|
|
SNCR
1940
DELISTED
Synchronoss Technologies
SNCR
| $1.91M | ﹤0.01% |
6,667
+123
| +2% | +$37.2K |
|
|
DTSI
1941
DELISTED
DTS, Inc.
DTSI
| $1.91M | ﹤0.01% |
72,300
-1,100
| -1% | -$26.1K |
|
1942
Citi Trends
CTRN
$637M
| $1.91M | ﹤0.01% |
122,969
+6,300
| +5% | +$106K |
|
1943
Paycom
PAYC
$9.34B
| $1.91M | ﹤0.01% |
44,200
-1,400
| -3% | -$54.7K |
|
|
AMTG
1944
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $1.91M | ﹤0.01% |
142,500
+3,700
| +3% | +$49.9K |
|
1945
Tennant Co
TNC
$1.13B
| $1.91M | ﹤0.01% |
35,400
-800
| -2% | -$42.6K |
|
|
AUD
1946
DELISTED
Audacy, Inc.
AUD
| $1.91M | ﹤0.01% |
140,500
-4,400
| -3% | -$53.1K |
|
1947
McGrath RentCorp
MGRC
$2.93B
| $1.9M | ﹤0.01% |
62,200
+1,800
| +3% | +$48.6K |
|
1948
UNIFI
UFI
$126M
| $1.9M | ﹤0.01% |
69,900
-2,200
| -3% | -$55.3K |
|
1949
Biglari Holdings Class B
BH
$1.2B
| $1.9M | ﹤0.01% |
7,050
-300
| -4% | -$76.9K |
|
|
ATCO
1950
DELISTED
Atlas Corp.
ATCO
| $1.9M | ﹤0.01% |
135,800
+2,300
| +2% | +$36.9K |
|
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.