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 |
Coty
COTY
|
+$47.4M |
| 2 |
Yum China
YUMC
|
+$23.3M |
| 3 |
Howmet Aerospace
HWM
|
+$20.1M |
| 4 |
Adient
ADNT
|
+$10.4M |
| 5 |
Lamb Weston
LW
|
+$9.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$97.4M |
| 2 |
Microsoft
MSFT
|
+$66.2M |
| 3 |
Synchrony
SYF
|
+$64.1M |
| 4 |
JPMorgan Chase
JPM
|
+$56.3M |
| 5 |
ExxonMobil
XOM
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 14.35% |
| 3 | Healthcare | 12.28% |
| 4 | Industrials | 11.1% |
| 5 | Consumer Discretionary | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PSTB
2126
DELISTED
Park Sterling Corp.
PSTB
| $1.37M | ﹤0.01% |
127,370
-54,864
| -30% | -$512K |
|
|
CBF
2127
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $1.37M | ﹤0.01% |
34,989
+6,389
| +22% | +$224K |
|
|
BFX
2128
DELISTED
BowFlex Inc.
BFX
| $1.37M | ﹤0.01% |
74,100
-24,100
| -25% | -$448K |
|
|
OME
2129
DELISTED
Omega Protein
OME
| $1.37M | ﹤0.01% |
54,700
-41,400
| -43% | -$978K |
|
2130
Community Trust Bancorp
CTBI
$1.42B
| $1.37M | ﹤0.01% |
27,560
-1,000
| -4% | -$40.9K |
|
|
CLMS
2131
DELISTED
Calamos Asset Management, Inc.
CLMS
| $1.36M | ﹤0.01% |
159,500
+8,000
| +5% | +$55.5K |
|
|
NXGN
2132
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.36M | ﹤0.01% |
103,500
-1,000
| -1% | -$12.8K |
|
2133
BJ's Restaurants
BJRI
$1.44B
| $1.36M | ﹤0.01% |
34,600
-9,100
| -21% | -$339K |
|
|
SCNB
2134
DELISTED
Suffolk Bancorp
SCNB
| $1.36M | ﹤0.01% |
31,700
| – | – |
|
2135
Winmark
WINA
$1.33B
| $1.35M | ﹤0.01% |
10,700
-500
| -4% | -$56.6K |
|
|
ACAT
2136
DELISTED
Arctic Cat Inc
ACAT
| $1.35M | ﹤0.01% |
89,700
+17,200
| +24% | +$264K |
|
|
HTBK
2137
DELISTED
Heritage Commerce
HTBK
| $1.34M | ﹤0.01% |
93,200
| – | – |
|
2138
Republic Bancorp
RBCAA
$1.95B
| $1.34M | ﹤0.01% |
34,000
-1,600
| -4% | -$55.5K |
|
|
XOXO
2139
DELISTED
Xo Group Inc
XOXO
| $1.34M | ﹤0.01% |
69,000
-25,900
| -27% | -$487K |
|
|
ENLC
2140
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $1.34M | ﹤0.01% |
70,300
-3,700
| -5% | -$63.4K |
|
|
MRLN
2141
DELISTED
Marlin Business Services Corp
MRLN
| $1.34M | ﹤0.01% |
63,900
| – | – |
|
2142
Star Bulk Carriers
SBLK
$3.09B
| $1.33M | ﹤0.01% |
261,300
+86,600
| +50% | +$429K |
|
2143
Zumiez
ZUMZ
$322M
| $1.33M | ﹤0.01% |
61,100
+7,200
| +13% | +$167K |
|
|
SGBK
2144
DELISTED
Stonegate Bank
SGBK
| $1.33M | ﹤0.01% |
31,900
-10,900
| -25% | -$413K |
|
|
SREV
2145
DELISTED
ServiceSource International, Inc.
SREV
| $1.33M | ﹤0.01% |
233,900
-11,900
| -5% | -$63.4K |
|
|
AENZ
2146
DELISTED
Aenza S.A.A.
AENZ
| $1.33M | ﹤0.01% |
61,900
| – | – |
|
2147
Red Robin
RRGB
$145M
| $1.32M | ﹤0.01% |
23,500
-1,300
| -5% | -$65.1K |
|
|
TVRD
2148
Tvardi Therapeutics
TVRD
$22.1M
| $1.32M | ﹤0.01% |
3,958
| – | – |
|
|
GBNK
2149
DELISTED
Guaranty Bancorp
GBNK
| $1.32M | ﹤0.01% |
54,700
-41,000
| -43% | -$834K |
|
2150
Titan Machinery
TITN
$438M
| $1.32M | ﹤0.01% |
90,400
+10,800
| +14% | +$129K |
|
Similar funds
California Public Employees Retirement System's Q4 2016 Portfolio in Review
As of Q4 2016, California Public Employees Retirement System held 3,549 positions worth $59.6B, down 2% from $60.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.56B in Q4 2016, closing 113 positions and reducing 2,056 holdings. Its most notable exit was LinkedIn Corporation, an estimated $47.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Yum China worth $22.3M.
- California Public Employees Retirement System's largest Q4 2016 buy was Yum China: 854,662 shares worth $22.3M.
- California Public Employees Retirement System added most to Coty in Q4 2016, an estimated $47.4M increase.
- California Public Employees Retirement System's biggest Q4 2016 reduction was Apple, cutting an estimated $97.4M.
- California Public Employees Retirement System fully exited LinkedIn Corporation in Q4 2016, selling an estimated $47.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $59.6B portfolio in Q4 2016.
- California Public Employees Retirement System opened 69 new positions and closed 113 in Q4 2016.
- California Public Employees Retirement System's portfolio value fell 2% quarter-over-quarter to $59.6B.
Based on California Public Employees Retirement System's 13F filing for Q4 2016, filed 10 Feb 2017.