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 | |
|---|---|---|---|---|---|---|
2076
Helios Technologies
HLIO
$2.67B
| $1.99M | ﹤0.01% |
53,000
| – | – |
|
|
CONN
2077
DELISTED
Conn's Inc.
CONN
| $1.99M | ﹤0.01% |
65,800
| – | – |
|
2078
Daktronics
DAKT
$990M
| $1.99M | ﹤0.01% |
161,900
| – | – |
|
|
VG
2079
DELISTED
Vonage Holdings Corporation
VG
| $1.99M | ﹤0.01% |
606,500
+79,500
| +15% | +$276K |
|
|
CYNO
2080
DELISTED
Cynosure, Inc. Class A
CYNO
| $1.98M | ﹤0.01% |
94,300
+1,500
| +2% | +$33K |
|
2081
HealthStream
HSTM
$846M
| $1.98M | ﹤0.01% |
82,400
+1,500
| +2% | +$37.8K |
|
2082
Sasol
SSL
$7.17B
| $1.98M | ﹤0.01% |
36,282
| – | – |
|
2083
Northern Oil and Gas
NOG
$2.57B
| $1.97M | ﹤0.01% |
13,820
| – | – |
|
|
PSTB
2084
DELISTED
Park Sterling Corp.
PSTB
| $1.96M | ﹤0.01% |
295,068
| – | – |
|
2085
Matrix Service
MTRX
$331M
| $1.95M | ﹤0.01% |
81,000
-21,212
| -21% | -$589K |
|
|
PKY
2086
DELISTED
Parkway, Inc.
PKY
| $1.95M | ﹤0.01% |
104,050
+1,600
| +2% | +$32.8K |
|
|
QLTY
2087
DELISTED
QUALITY DISTR INC FLA
QLTY
| $1.95M | ﹤0.01% |
152,900
-100
| -0.1% | -$1.43K |
|
|
RSH
2088
DELISTED
RADIOSHACK CORP
RSH
| $1.95M | ﹤0.01% |
1,970,800
+736,200
| +60% | +$632K |
|
2089
NVE Corp
NVEC
$565M
| $1.95M | ﹤0.01% |
30,200
+9,900
| +49% | +$634K |
|
|
NOR
2090
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $1.95M | ﹤0.01% |
61,514
+271
| +0.4% | +$8.37K |
|
2091
Lands' End
LE
$393M
| $1.94M | ﹤0.01% |
47,206
-300
| -0.6% | -$11.1K |
|
2092
Arrowhead Research
ARWR
$12.2B
| $1.93M | ﹤0.01% |
130,847
| – | – |
|
|
NFBK
2093
DELISTED
Northfield Bancorp
NFBK
| $1.93M | ﹤0.01% |
141,400
+127,700
| +932% | +$1.68M |
|
|
TPLM
2094
DELISTED
Triangle Petroleum Corporation
TPLM
| $1.93M | ﹤0.01% |
174,975
+47,667
| +37% | +$541K |
|
|
OREX
2095
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $1.93M | ﹤0.01% |
45,219
+2,903
| +7% | +$156K |
|
2096
Martin Midstream Partners
MMLP
$94.7M
| $1.92M | ﹤0.01% |
51,500
| – | – |
|
|
JASO
2097
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $1.91M | ﹤0.01% |
206,659
-17,500
| -8% | -$167K |
|
|
BOLT
2098
DELISTED
BOLT TECHNOLOGY CORPORATION
BOLT
| $1.91M | ﹤0.01% |
86,900
| – | – |
|
2099
Employers Holdings
EIG
$870M
| $1.9M | ﹤0.01% |
98,800
+14,700
| +17% | +$306K |
|
2100
Diodes
DIOD
$4.46B
| $1.89M | ﹤0.01% |
79,200
-35,100
| -31% | -$929K |
|
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.