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 | |
|---|---|---|---|---|---|---|
|
CCEC
2026
Capital Clean Energy Carriers
CCEC
$1.37B
| $2.13M | ﹤0.01% |
30,548
+9,171
| +43% | +$693K |
|
2027
Petrobras
PBR
$115B
| $2.13M | ﹤0.01% |
150,330
| – | – |
|
|
CNSL
2028
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.13M | ﹤0.01% |
85,165
-1,900
| -2% | -$44.5K |
|
2029
Intrepid Potash
IPI
$484M
| $2.13M | ﹤0.01% |
13,800
| – | – |
|
|
MIG
2030
DELISTED
MEADOWBROOK INSURANCE GRP INC
MIG
| $2.13M | ﹤0.01% |
364,462
-38,521
| -10% | -$242K |
|
2031
Sonida Senior Living
SNDA
$1.88B
| $2.13M | ﹤0.01% |
6,689
+133
| +2% | +$46.4K |
|
|
KNL
2032
DELISTED
Knoll, Inc.
KNL
| $2.13M | ﹤0.01% |
122,850
+3,100
| +3% | +$55.4K |
|
|
WIBC
2033
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.13M | ﹤0.01% |
230,484
+2,300
| +1% | +$22.1K |
|
|
VRTU
2034
DELISTED
Virtusa Corporation
VRTU
| $2.13M | ﹤0.01% |
59,800
+300
| +0.5% | +$10.3K |
|
|
AFFX
2035
DELISTED
Affymetrix Inc
AFFX
| $2.12M | ﹤0.01% |
266,089
+100
| +0% | +$857 |
|
2036
QuidelOrtho
QDEL
$1.04B
| $2.12M | ﹤0.01% |
78,800
+2,000
| +3% | +$47.7K |
|
2037
BJ's Restaurants
BJRI
$1.42B
| $2.11M | ﹤0.01% |
58,700
-27,500
| -32% | -$972K |
|
|
SMRT
2038
DELISTED
Stein Mart Inc
SMRT
| $2.11M | ﹤0.01% |
182,900
+75,100
| +70% | +$971K |
|
2039
Halozyme
HALO
$11.4B
| $2.11M | ﹤0.01% |
232,000
| – | – |
|
2040
Standex International
SXI
$3.97B
| $2.11M | ﹤0.01% |
28,459
+2,330
| +9% | +$169K |
|
|
GFIG
2041
DELISTED
GFI GROUP INC
GFIG
| $2.11M | ﹤0.01% |
390,022
+32,800
| +9% | +$144K |
|
2042
Ormat Technologies
ORA
$6.99B
| $2.1M | ﹤0.01% |
80,100
+500
| +0.6% | +$13.6K |
|
|
FARO
2043
DELISTED
Faro Technologies
FARO
| $2.1M | ﹤0.01% |
41,400
| – | – |
|
|
FIG
2044
DELISTED
Fortress Investment Group Llc
FIG
| $2.1M | ﹤0.01% |
305,300
-100
| -0% | -$737 |
|
2045
Wabash National
WNC
$509M
| $2.1M | ﹤0.01% |
157,600
| – | – |
|
|
AJRD
2046
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.1M | ﹤0.01% |
131,300
-129,960
| -50% | -$2.34M |
|
|
CXP
2047
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $2.1M | ﹤0.01% |
87,800
+8,200
| +10% | +$208K |
|
|
TRLA
2048
DELISTED
TRULIA INC (DEL)
TRLA
| $2.09M | ﹤0.01% |
42,727
+8,830
| +26% | +$473K |
|
|
FRP
2049
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.09M | ﹤0.01% |
137,600
+15,700
| +13% | +$239K |
|
|
DXM
2050
DELISTED
DEX MEDIA INC NEW COM STK (DE)
DXM
| $2.09M | ﹤0.01% |
218,156
+41,100
| +23% | +$486K |
|
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.