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 | |
|---|---|---|---|---|---|---|
|
NFBK
2126
DELISTED
Northfield Bancorp
NFBK
| $2.03M | ﹤0.01% |
141,400
| – | – |
|
2127
Stepan Co
SCL
$1.49B
| $2.03M | ﹤0.01% |
51,190
| – | – |
|
|
VNR
2128
DELISTED
Vanguard Natural Resources, LLC
VNR
| $2.02M | ﹤0.01% |
130,200
+2,900
| +2% | +$64.8K |
|
|
SMRT
2129
DELISTED
Stein Mart Inc
SMRT
| $2.02M | ﹤0.01% |
136,800
-46,100
| -25% | -$622K |
|
|
INN
2130
Summit Hotel Properties
INN
$653M
| $2.02M | ﹤0.01% |
150,995
+86,485
| +134% | +$1M |
|
2131
Renasant Corp
RNST
$3.99B
| $2.02M | ﹤0.01% |
74,544
+20,100
| +37% | +$576K |
|
|
NXTM
2132
DELISTED
NxStage Medical Inc.
NXTM
| $2.02M | ﹤0.01% |
106,800
-51,400
| -32% | -$828K |
|
|
NOAH
2133
Noah Holdings
NOAH
$590M
| $2.02M | ﹤0.01% |
105,900
| – | – |
|
|
RDUS
2134
DELISTED
Radius Recycling
RDUS
| $2.02M | ﹤0.01% |
122,262
+14,600
| +14% | +$336K |
|
2135
Rayonier Advanced Materials
RYAM
$574M
| $2.01M | ﹤0.01% |
106,532
| – | – |
|
|
ONIT
2136
Onity Group
ONIT
$326M
| $2.01M | ﹤0.01% |
20,100
-4,643
| -19% | -$1.51M |
|
|
DXM
2137
DELISTED
DEX MEDIA INC NEW COM STK (DE)
DXM
| $2.01M | ﹤0.01% |
262,556
+44,400
| +20% | +$381K |
|
2138
Vaalco Energy
EGY
$597M
| $2M | ﹤0.01% |
323,427
+7,000
| +2% | +$45.6K |
|
|
VSA
2139
VisionSys AI
VSA
$10.4M
| $2M | ﹤0.01% |
67
| – | – |
|
|
EVRI
2140
DELISTED
Everi Holdings
EVRI
| $1.99M | ﹤0.01% |
292,679
-32,478
| -10% | -$228K |
|
2141
8x8 Inc
EGHT
$298M
| $1.99M | ﹤0.01% |
250,000
-10,000
| -4% | -$76.6K |
|
|
TSE
2142
DELISTED
Trinseo
TSE
| $1.99M | ﹤0.01% |
128,100
+78,100
| +156% | +$1.18M |
|
|
GDP
2143
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $1.99M | ﹤0.01% |
682,400
+521,969
| +325% | +$4.07M |
|
|
PSTB
2144
DELISTED
Park Sterling Corp.
PSTB
| $1.99M | ﹤0.01% |
295,068
| – | – |
|
2145
Groupon
GRPN
$891M
| $1.99M | ﹤0.01% |
14,019
-20,849
| -60% | -$2.96M |
|
2146
Shenandoah Telecom
SHEN
$746M
| $1.98M | ﹤0.01% |
122,800
+7,600
| +7% | +$107K |
|
|
ALU
2147
DELISTED
Alcatel-Lucent
ALU
| $1.98M | ﹤0.01% |
570,517
| – | – |
|
|
FRM
2148
DELISTED
FURMANITE CORPORATION COM
FRM
| $1.97M | ﹤0.01% |
266,300
+170,300
| +177% | +$1.2M |
|
|
SPPI
2149
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.97M | ﹤0.01% |
284,500
+94,700
| +50% | +$696K |
|
|
ELGX
2150
DELISTED
Endologix Inc
ELGX
| $1.97M | ﹤0.01% |
13,600
| – | – |
|
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.