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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGY
2176
DELISTED
Stone Energy
SGY
| $1.28M | ﹤0.01% |
28,558
+8,260
| +41% | +$1.07M |
|
2177
Arrow Financial
AROW
$723M
| $1.28M | ﹤0.01% |
61,085
+1,900
| +3% | +$39.7K |
|
|
PSTB
2178
DELISTED
Park Sterling Corp.
PSTB
| $1.28M | ﹤0.01% |
191,734
+26,870
| +16% | +$180K |
|
|
FRP
2179
DELISTED
Fairpoint Communications, Inc.
FRP
| $1.28M | ﹤0.01% |
85,861
+24,100
| +39% | +$360K |
|
|
CMCM
2180
Cheetah Mobile
CMCM
$94.7M
| $1.27M | ﹤0.01% |
15,610
+3,710
| +31% | +$286K |
|
|
SSNI
2181
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.27M | ﹤0.01% |
86,300
-4,000
| -4% | -$49.9K |
|
2182
Globant
GLOB
$1.77B
| $1.27M | ﹤0.01% |
41,100
-7,800
| -16% | -$235K |
|
2183
Daktronics
DAKT
$988M
| $1.27M | ﹤0.01% |
160,400
+3,800
| +2% | +$29.2K |
|
|
SEAC
2184
DELISTED
Seachange International Inc
SEAC
| $1.26M | ﹤0.01% |
11,435
+1,505
| +15% | +$175K |
|
|
BGFV
2185
DELISTED
Big 5 Sporting Goods
BGFV
| $1.26M | ﹤0.01% |
113,400
+47,900
| +73% | +$561K |
|
|
EXXI
2186
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $1.25M | ﹤0.01% |
2,012,691
+738,100
| +58% | +$509K |
|
2187
First Bancorp
FBNC
$2.74B
| $1.25M | ﹤0.01% |
66,400
+5,800
| +10% | +$108K |
|
2188
MYR Group
MYRG
$5.1B
| $1.25M | ﹤0.01% |
49,800
+7,600
| +18% | +$164K |
|
|
DOC
2189
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $1.25M | ﹤0.01% |
67,300
-900
| -1% | -$15.5K |
|
|
XIFR
2190
XPLR Infrastructure LP
XIFR
$1.09B
| $1.25M | ﹤0.01% |
45,900
+8,800
| +24% | +$235K |
|
|
EIGI
2191
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $1.25M | ﹤0.01% |
118,360
+16,860
| +17% | +$167K |
|
|
TNH
2192
DELISTED
Terra Nitrogen
TNH
| $1.25M | ﹤0.01% |
11,200
-800
| -7% | -$81.6K |
|
|
USDP
2193
DELISTED
USD PARTNERS LP
USDP
| $1.25M | ﹤0.01% |
150,000
| – | – |
|
|
APLP
2194
DELISTED
Archrock Partners, L.P. Common Units representing Limited Partner Interests
APLP
| $1.25M | ﹤0.01% |
112,400
-6,200
| -5% | -$54.2K |
|
2195
Sportsman's Warehouse
SPWH
$46.8M
| $1.24M | ﹤0.01% |
98,698
-300
| -0.3% | -$3.82K |
|
2196
Jakks Pacific
JAKK
$294M
| $1.24M | ﹤0.01% |
16,697
+1,630
| +11% | +$117K |
|
2197
Financial Institutions
FISI
$825M
| $1.24M | ﹤0.01% |
42,700
-7,100
| -14% | -$194K |
|
|
CIVI
2198
DELISTED
Civitas Solutions, Inc.
CIVI
| $1.24M | ﹤0.01% |
71,000
-29,500
| -29% | -$608K |
|
|
OMN
2199
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.23M | ﹤0.01% |
221,100
+19,100
| +9% | +$102K |
|
|
QIWI
2200
DELISTED
QIWI PLC
QIWI
| $1.23M | ﹤0.01% |
84,800
-5,200
| -6% | -$69.5K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.