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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.1M |
| 3 |
Marriott International
MAR
|
+$21.6M |
| 4 |
Coty
COTY
|
+$21.3M |
| 5 |
Procter & Gamble
PG
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$116M |
| 3 |
ExxonMobil
XOM
|
+$56.5M |
| 4 |
Comcast
CMCSA
|
+$50.3M |
| 5 |
JPMorgan Chase
JPM
|
+$50M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.66% |
| 2 | Technology | 14.7% |
| 3 | Healthcare | 13.18% |
| 4 | Industrials | 10.68% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PSTB
2101
DELISTED
Park Sterling Corp.
PSTB
| $1.48M | ﹤0.01% |
182,234
-6,200
| -3% | -$49.2K |
|
2102
Energy Recovery
ERII
$399M
| $1.48M | ﹤0.01% |
92,400
-150,000
| -62% | -$1.82M |
|
2103
Park-Ohio Holdings
PKOH
$718M
| $1.48M | ﹤0.01% |
40,500
-3,900
| -9% | -$130K |
|
2104
Clear Channel Outdoor Holdings
CCO
$1.18B
| $1.47M | ﹤0.01% |
251,520
-4,600
| -2% | -$30.2K |
|
|
SQBG
2105
DELISTED
Sequential Brands Group, Inc.
SQBG
| $1.47M | ﹤0.01% |
4,591
-95
| -2% | -$28.9K |
|
|
TPCO
2106
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $1.46M | ﹤0.01% |
86,600
+28,000
| +48% | +$440K |
|
|
SSNI
2107
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.46M | ﹤0.01% |
103,000
-4,200
| -4% | -$55.5K |
|
2108
FRP Holdings
FRPH
$425M
| $1.46M | ﹤0.01% |
94,000
-6,600
| -7% | -$111K |
|
2109
Columbus McKinnon
CMCO
$550M
| $1.46M | ﹤0.01% |
81,700
+6,500
| +9% | +$109K |
|
|
HNH
2110
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.46M | ﹤0.01% |
69,300
-4,800
| -6% | -$118K |
|
|
VSI
2111
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.46M | ﹤0.01% |
54,200
-3,700
| -6% | -$105K |
|
|
XCO
2112
DELISTED
Exco Resources
XCO
| $1.46M | ﹤0.01% |
90,651
-25,493
| -22% | -$456K |
|
2113
Varonis Systems
VRNS
$5.26B
| $1.45M | ﹤0.01% |
144,300
-10,200
| -7% | -$93.4K |
|
|
PRO
2114
DELISTED
PROS Holdings
PRO
| $1.45M | ﹤0.01% |
64,000
-4,500
| -7% | -$86.3K |
|
2115
Griffon
GFF
$4.8B
| $1.45M | ﹤0.01% |
84,927
-3,000
| -3% | -$51.1K |
|
|
SGBK
2116
DELISTED
Stonegate Bank
SGBK
| $1.45M | ﹤0.01% |
42,800
| – | – |
|
|
CWEN.A
2117
DELISTED
Clearway Energy Class A
CWEN.A
| $1.44M | ﹤0.01% |
88,400
-5,200
| -6% | -$85.9K |
|
|
FLIC
2118
DELISTED
First of Long Island Corp
FLIC
| $1.44M | ﹤0.01% |
65,250
-3,000
| -4% | -$62.5K |
|
2119
Entravision Communication
EVC
$820M
| $1.44M | ﹤0.01% |
188,600
-18,600
| -9% | -$138K |
|
|
LHCG
2120
DELISTED
LHC Group LLC
LHCG
| $1.44M | ﹤0.01% |
39,000
-10,000
| -20% | -$401K |
|
2121
First Bancorp
FBNC
$2.74B
| $1.44M | ﹤0.01% |
72,600
-13,800
| -16% | -$263K |
|
|
DTLK
2122
DELISTED
Datalink Corp
DTLK
| $1.44M | ﹤0.01% |
135,400
| – | – |
|
|
EPZM
2123
DELISTED
Epizyme, Inc
EPZM
| $1.43M | ﹤0.01% |
145,400
-10,000
| -6% | -$91.3K |
|
2124
Immersion
IMMR
$248M
| $1.43M | ﹤0.01% |
175,200
| – | – |
|
|
AVX
2125
DELISTED
AVX Corporation
AVX
| $1.43M | ﹤0.01% |
103,700
-15,900
| -13% | -$217K |
|
Similar funds
California Public Employees Retirement System's Q3 2016 Portfolio in Review
As of Q3 2016, California Public Employees Retirement System held 3,593 positions worth $60.8B, down 1.5% from $61.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.44B in Q3 2016, closing 113 positions and reducing 2,164 holdings. Its most notable exit was EMC CORPORATION, an estimated $132M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Fortive worth $29.3M.
- California Public Employees Retirement System's largest Q3 2016 buy was Fortive: 912,923 shares worth $29.3M.
- California Public Employees Retirement System added most to Johnson Controls International in Q3 2016, an estimated $24.1M increase.
- California Public Employees Retirement System's biggest Q3 2016 reduction was Apple, cutting an estimated $116M.
- California Public Employees Retirement System fully exited EMC CORPORATION in Q3 2016, selling an estimated $132M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $60.8B portfolio in Q3 2016.
- California Public Employees Retirement System opened 28 new positions and closed 113 in Q3 2016.
- California Public Employees Retirement System's portfolio value fell 1.5% quarter-over-quarter to $60.8B.
Based on California Public Employees Retirement System's 13F filing for Q3 2016, filed 24 Oct 2016.