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 | |
|---|---|---|---|---|---|---|
|
TNH
2101
DELISTED
Terra Nitrogen
TNH
| $1.89M | ﹤0.01% |
13,100
+300
| +2% | +$43.8K |
|
2102
FRP Holdings
FRPH
$426M
| $1.89M | ﹤0.01% |
111,400
| – | – |
|
|
SIGM
2103
DELISTED
Sigma Designs Inc
SIGM
| $1.89M | ﹤0.01% |
438,000
+21,800
| +5% | +$100K |
|
2104
Kopin
KOPN
$900M
| $1.88M | ﹤0.01% |
554,200
| – | – |
|
2105
Tompkins Financial
TMP
$1.45B
| $1.88M | ﹤0.01% |
42,700
+10,100
| +31% | +$460K |
|
|
GLOG
2106
DELISTED
GASLOG LTD
GLOG
| $1.88M | ﹤0.01% |
85,500
| – | – |
|
|
MEG
2107
DELISTED
Media General, Inc
MEG
| $1.88M | ﹤0.01% |
143,535
| – | – |
|
|
AIMC
2108
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.88M | ﹤0.01% |
64,500
-2,400
| -4% | -$80.2K |
|
|
MKTO
2109
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $1.88M | ﹤0.01% |
58,234
+45,934
| +373% | +$1.34M |
|
2110
Cohen & Steers
CNS
$4.39B
| $1.88M | ﹤0.01% |
48,800
+800
| +2% | +$34K |
|
|
TYPE
2111
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $1.87M | ﹤0.01% |
66,168
+13,868
| +27% | +$404K |
|
2112
LSB Industries
LXU
$711M
| $1.87M | ﹤0.01% |
68,108
+16,108
| +31% | +$479K |
|
2113
Ducommun
DCO
$3.02B
| $1.87M | ﹤0.01% |
68,160
| – | – |
|
2114
Forestar Group
FOR
$1.49B
| $1.87M | ﹤0.01% |
105,380
-2,700
| -2% | -$51.7K |
|
2115
Wendy's
WEN
$1.64B
| $1.86M | ﹤0.01% |
225,345
-700
| -0.3% | -$5.74K |
|
|
CBM
2116
DELISTED
Cambrex Corporation
CBM
| $1.86M | ﹤0.01% |
99,600
+1,900
| +2% | +$40.8K |
|
|
SCLN
2117
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $1.86M | ﹤0.01% |
270,100
+103,300
| +62% | +$619K |
|
|
LORL
2118
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.86M | ﹤0.01% |
25,900
+700
| +3% | +$51.5K |
|
2119
Barrett Business Services
BBSI
$798M
| $1.85M | ﹤0.01% |
187,600
+31,200
| +20% | +$423K |
|
2120
Stoneridge
SRI
$199M
| $1.85M | ﹤0.01% |
164,300
+19,600
| +14% | +$228K |
|
2121
Vince Holding Corp
VNCE
$79.4M
| $1.85M | ﹤0.01% |
6,110
+602
| +11% | +$205K |
|
2122
Acacia Research
ACTG
$447M
| $1.84M | ﹤0.01% |
118,700
+32,900
| +38% | +$554K |
|
2123
Merit Medical Systems
MMSI
$5.43B
| $1.84M | ﹤0.01% |
154,600
-3,200
| -2% | -$42.4K |
|
|
ISLE
2124
DELISTED
Isle of Capri Casinos Inc
ISLE
| $1.84M | ﹤0.01% |
244,800
+102,400
| +72% | +$830K |
|
2125
Boston Beer
SAM
$1.89B
| $1.83M | ﹤0.01% |
8,260
-200
| -2% | -$44.8K |
|
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.