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 |
Kinder Morgan
KMI
|
+$106M |
| 2 |
Enterprise Products Partners
EPD
|
+$55.4M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$38.8M |
| 4 |
Alibaba
BABA
|
+$36.5M |
| 5 |
Annaly Capital Management
NLY
|
+$29.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$206M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$79.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$75.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.52% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.54% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Sarepta Therapeutics
SRPT
$1.92B
| $2.18M | ﹤0.01% |
177,100
+70,300
| +66% | +$1.19M |
|
|
NPKI
2077
NPK International
NPKI
$1.18B
| $2.18M | ﹤0.01% |
244,600
+5,300
| +2% | +$56.3K |
|
|
MDAS
2078
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $2.17M | ﹤0.01% |
116,650
| – | – |
|
|
EGOV
2079
DELISTED
NIC Inc
EGOV
| $2.17M | ﹤0.01% |
128,042
| – | – |
|
|
BBOX
2080
DELISTED
Black Box Corp
BBOX
| $2.17M | ﹤0.01% |
102,627
+3,000
| +3% | +$69.3K |
|
|
NXGN
2081
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $2.17M | ﹤0.01% |
126,400
| – | – |
|
|
WIBC
2082
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.16M | ﹤0.01% |
230,484
| – | – |
|
|
KKD
2083
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $2.16M | ﹤0.01% |
106,500
-33,200
| -24% | -$629K |
|
|
IMOS
2084
ChipMOS TECHNOLOGIES
IMOS
$2.06B
| $2.16M | ﹤0.01% |
81,134
+13,341
| +20% | +$319K |
|
|
RTI
2085
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $2.16M | ﹤0.01% |
98,600
-1,500
| -1% | -$35.3K |
|
|
LTS
2086
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $2.16M | ﹤0.01% |
552,100
+74,200
| +16% | +$293K |
|
2087
Kadant
KAI
$4B
| $2.16M | ﹤0.01% |
53,662
+17,400
| +48% | +$704K |
|
2088
Community Bank
CBU
$3.41B
| $2.15M | ﹤0.01% |
62,300
+1,100
| +2% | +$40.4K |
|
2089
Kopin
KOPN
$964M
| $2.15M | ﹤0.01% |
554,200
| – | – |
|
2090
Calix
CALX
$2.49B
| $2.14M | ﹤0.01% |
215,200
+73,700
| +52% | +$734K |
|
|
ISCA
2091
DELISTED
International Speedway Corp
ISCA
| $2.13M | ﹤0.01% |
70,500
| – | – |
|
2092
Mercury Systems
MRCY
$6.55B
| $2.12M | ﹤0.01% |
146,596
+3,000
| +2% | +$38.4K |
|
2093
OFG Bancorp
OFG
$2.22B
| $2.12M | ﹤0.01% |
136,700
-57,700
| -30% | -$886K |
|
|
STL
2094
DELISTED
Sterling Bancorp
STL
| $2.12M | ﹤0.01% |
156,928
| – | – |
|
|
CIO
2095
DELISTED
City Office REIT
CIO
| $2.12M | ﹤0.01% |
165,000
| – | – |
|
|
AMRI
2096
DELISTED
Albany Molecular Research Inc
AMRI
| $2.12M | ﹤0.01% |
130,400
-23,325
| -15% | -$428K |
|
|
RP
2097
DELISTED
RealPage, Inc.
RP
| $2.11M | ﹤0.01% |
110,200
| – | – |
|
2098
Acacia Research
ACTG
$451M
| $2.11M | ﹤0.01% |
159,600
+40,900
| +34% | +$708K |
|
|
TUES
2099
DELISTED
Tuesday Morning Corp
TUES
| $2.11M | ﹤0.01% |
99,500
-33,542
| -25% | -$682K |
|
2100
Fuel Tech
FTEK
$43.7M
| $2.1M | ﹤0.01% |
631,820
| – | – |
|
Similar funds
California Public Employees Retirement System's Q4 2014 Portfolio in Review
As of Q4 2014, California Public Employees Retirement System held 3,925 positions worth $72.4B, up 0.09% from $72.4B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q4 2014 filing shows 151 new, 1,429 increased, 1,034 reduced and 114 closed positions. Its largest new stake was Dorian LPG: 1,258,100 shares worth $14.9M. The largest sale was Apple, an estimated $206M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q4 2014 buy was Dorian LPG: 1,258,100 shares worth $14.9M.
- California Public Employees Retirement System added most to Kinder Morgan in Q4 2014, an estimated $106M increase.
- California Public Employees Retirement System's biggest Q4 2014 reduction was Apple, cutting an estimated $206M.
- California Public Employees Retirement System fully exited Medtronic in Q4 2014, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $72.4B portfolio in Q4 2014.
- California Public Employees Retirement System opened 151 new positions and closed 114 in Q4 2014.
- California Public Employees Retirement System's portfolio value rose 0.09% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q4 2014, filed 9 Feb 2015.