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 | |
|---|---|---|---|---|---|---|
2151
Caesars Entertainment
CZR
$6.06B
| $1.31M | ﹤0.01% |
77,400
-68,877
| -47% | -$965K |
|
|
LEAF
2152
DELISTED
Leaf Group Ltd.
LEAF
| $1.31M | ﹤0.01% |
200,040
| – | – |
|
|
PRO
2153
DELISTED
PROS Holdings
PRO
| $1.31M | ﹤0.01% |
60,800
-3,200
| -5% | -$73.1K |
|
|
GMLP
2154
DELISTED
Golar LNG Partners LP
GMLP
| $1.31M | ﹤0.01% |
54,400
+13,700
| +34% | +$292K |
|
|
SUP
2155
DELISTED
Superior Industries International
SUP
| $1.31M | ﹤0.01% |
49,600
-17,900
| -27% | -$472K |
|
|
MBVT
2156
DELISTED
Merchants Bancshares Inc
MBVT
| $1.31M | ﹤0.01% |
24,100
| – | – |
|
2157
QuidelOrtho
QDEL
$959M
| $1.3M | ﹤0.01% |
60,900
-3,000
| -5% | -$64.3K |
|
2158
Inogen
INGN
$157M
| $1.3M | ﹤0.01% |
19,400
-1,000
| -5% | -$61.7K |
|
|
USCR
2159
DELISTED
U S Concrete, Inc.
USCR
| $1.3M | ﹤0.01% |
19,900
-21,100
| -51% | -$1.18M |
|
|
IPCC
2160
DELISTED
Infinity Property & Casualty C
IPCC
| $1.3M | ﹤0.01% |
14,800
-800
| -5% | -$67.9K |
|
2161
Horizon Bancorp
HBNC
$1.05B
| $1.29M | ﹤0.01% |
69,101
-1
| -0% | -$15 |
|
2162
Tucows
TCX
$143M
| $1.29M | ﹤0.01% |
36,600
+2,100
| +6% | +$68K |
|
|
ACOR
2163
DELISTED
Acorda Therapeutics
ACOR
| $1.29M | ﹤0.01% |
572
-166
| -22% | -$395K |
|
2164
Miller Industries
MLR
$620M
| $1.29M | ﹤0.01% |
48,700
| – | – |
|
2165
Stratasys
SSYS
$782M
| $1.29M | ﹤0.01% |
77,900
-4,300
| -5% | -$84.3K |
|
2166
TriCo Bancshares
TCBK
$1.83B
| $1.28M | ﹤0.01% |
37,600
+2,400
| +7% | +$71.3K |
|
2167
Magnachip Semiconductor
MX
$142M
| $1.28M | ﹤0.01% |
206,800
-3,400
| -2% | -$23.1K |
|
|
ONIT
2168
Onity Group
ONIT
$328M
| $1.28M | ﹤0.01% |
15,833
-807
| -5% | -$56.9K |
|
2169
Travelzoo
TZOO
$73.2M
| $1.28M | ﹤0.01% |
136,000
+300
| +0.2% | +$3.33K |
|
|
GLDD
2170
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.28M | ﹤0.01% |
303,800
-76,100
| -20% | -$309K |
|
|
PERY
2171
DELISTED
Perry Ellis International Inc
PERY
| $1.27M | ﹤0.01% |
51,200
+1,400
| +3% | +$31.4K |
|
2172
ICF International
ICFI
$1.62B
| $1.27M | ﹤0.01% |
23,000
+1,800
| +8% | +$91.5K |
|
|
NUTR
2173
DELISTED
Nutraceutical International Co
NUTR
| $1.27M | ﹤0.01% |
36,300
| – | – |
|
|
ENV
2174
DELISTED
ENVESTNET, INC.
ENV
| $1.27M | ﹤0.01% |
36,006
-5,209
| -13% | -$187K |
|
2175
First Mid Bancshares
FMBH
$1.37B
| $1.27M | ﹤0.01% |
37,302
+26,900
| +259% | +$804K |
|
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.