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 | |
|---|---|---|---|---|---|---|
|
LIN
2001
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $2.19M | ﹤0.01% |
98,500
| – | – |
|
|
GHDX
2002
DELISTED
Genomic Health, Inc.
GHDX
| $2.19M | ﹤0.01% |
77,223
-1,400
| -2% | -$39K |
|
2003
Artisan Partners
APAM
$3.03B
| $2.18M | ﹤0.01% |
41,800
-43,000
| -51% | -$2.32M |
|
|
PGI
2004
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $2.18M | ﹤0.01% |
181,800
+4,000
| +2% | +$52.2K |
|
|
GTAT
2005
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $2.18M | ﹤0.01% |
200,900
-116,859
| -37% | -$1.78M |
|
|
GRP.U
2006
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $2.17M | ﹤0.01% |
63,000
| – | – |
|
|
PERY
2007
DELISTED
Perry Ellis International Inc
PERY
| $2.17M | ﹤0.01% |
106,880
+9,300
| +10% | +$180K |
|
|
GTY
2008
Getty Realty Corp
GTY
$2.05B
| $2.17M | ﹤0.01% |
129,531
+3,747
| +3% | +$68.4K |
|
2009
Constellium
CSTM
$3.95B
| $2.17M | ﹤0.01% |
88,200
| – | – |
|
|
UCB
2010
United Community Banks
UCB
$4.43B
| $2.17M | ﹤0.01% |
131,831
+2,800
| +2% | +$46.6K |
|
2011
Acco Brands
ACCO
$399M
| $2.17M | ﹤0.01% |
313,717
+17,670
| +6% | +$124K |
|
|
CIR
2012
DELISTED
CIRCOR International, Inc
CIR
| $2.16M | ﹤0.01% |
32,098
+4,098
| +15% | +$294K |
|
2013
Peoples Bancorp
PEBO
$1.49B
| $2.16M | ﹤0.01% |
90,900
-1,300
| -1% | -$31.7K |
|
|
CSR
2014
Centerspace
CSR
$939M
| $2.16M | ﹤0.01% |
28,023
+980
| +4% | +$82.3K |
|
|
TRNX
2015
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $2.16M | ﹤0.01% |
90,200
-43,200
| -32% | -$965K |
|
2016
Apogee Enterprises
APOG
$888M
| $2.15M | ﹤0.01% |
54,100
-23,385
| -30% | -$829K |
|
|
VSA
2017
VisionSys AI
VSA
$10.3M
| $2.15M | ﹤0.01% |
67
| – | – |
|
2018
LivePerson
LPSN
$35.9M
| $2.15M | ﹤0.01% |
11,393
+2,920
| +34% | +$518K |
|
|
MTSC
2019
DELISTED
MTS Systems Corp
MTSC
| $2.15M | ﹤0.01% |
31,500
+100
| +0.3% | +$6.83K |
|
|
JBTM
2020
JBT Marel
JBTM
$6.1B
| $2.15M | ﹤0.01% |
+76,400
| New | +$2.2M |
|
2021
Alpha and Omega Semiconductor
AOSL
$916M
| $2.15M | ﹤0.01% |
228,300
| – | – |
|
2022
United Fire Group
UFCS
$1.38B
| $2.14M | ﹤0.01% |
77,200
+3,000
| +4% | +$86.8K |
|
|
SASR
2023
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.14M | ﹤0.01% |
93,649
-13,651
| -13% | -$326K |
|
|
EXAM
2024
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $2.14M | ﹤0.01% |
65,400
-25,600
| -28% | -$841K |
|
2025
Aegon
AEG
$13.9B
| $2.14M | ﹤0.01% |
376,663
-6,495
| -2% | -$36.8K |
|
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.