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 | |
|---|---|---|---|---|---|---|
2176
Global Net Lease
GNL
$1.9B
| $1.27M | ﹤0.01% |
51,967
-3,566
| -6% | -$89.4K |
|
2177
PDF Solutions
PDFS
$2.13B
| $1.27M | ﹤0.01% |
69,900
-5,000
| -7% | -$81.5K |
|
|
ORBC
2178
DELISTED
ORBCOMM, Inc.
ORBC
| $1.27M | ﹤0.01% |
123,800
-17,400
| -12% | -$178K |
|
|
CSGS
2179
DELISTED
CSG Systems International
CSGS
| $1.26M | ﹤0.01% |
30,600
| – | – |
|
|
CONN
2180
DELISTED
Conn's Inc.
CONN
| $1.26M | ﹤0.01% |
122,600
+38,600
| +46% | +$303K |
|
|
EVRI
2181
DELISTED
Everi Holdings
EVRI
| $1.26M | ﹤0.01% |
511,800
+33,100
| +7% | +$65.8K |
|
|
DMC
2182
Del Monte Corp
DMC
$1.44B
| $1.26M | ﹤0.01% |
21,100
+700
| +3% | +$40.6K |
|
|
RATE
2183
DELISTED
Bankrate Inc
RATE
| $1.26M | ﹤0.01% |
149,100
-10,300
| -6% | -$81.9K |
|
2184
Lands' End
LE
$390M
| $1.26M | ﹤0.01% |
86,827
+7,100
| +9% | +$118K |
|
2185
Great Southern Bancorp
GSBC
$888M
| $1.26M | ﹤0.01% |
30,900
-2,200
| -7% | -$88.4K |
|
|
DM
2186
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $1.26M | ﹤0.01% |
52,600
-3,800
| -7% | -$98.1K |
|
|
SDLP
2187
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $1.26M | ﹤0.01% |
35,600
-2,450
| -6% | -$104K |
|
2188
Bank of Marin Bancorp
BMRC
$462M
| $1.25M | ﹤0.01% |
50,400
+600
| +1% | +$14.9K |
|
2189
Insmed
INSM
$27.6B
| $1.25M | ﹤0.01% |
86,200
-5,900
| -6% | -$73.9K |
|
|
SRG
2190
Seritage Growth Properties
SRG
$128M
| $1.25M | ﹤0.01% |
24,700
-1,700
| -6% | -$82.2K |
|
2191
Alaunos Therapeutics
TCRT
$4.86M
| $1.25M | ﹤0.01% |
1,482
-102
| -6% | -$82K |
|
|
MCBC
2192
DELISTED
Macatawa Bank Corp
MCBC
| $1.25M | ﹤0.01% |
156,752
| – | – |
|
2193
Ingles Markets
IMKTA
$1.68B
| $1.25M | ﹤0.01% |
31,600
+5,300
| +20% | +$204K |
|
2194
Univest Financial
UVSP
$1.19B
| $1.25M | ﹤0.01% |
53,400
+5,200
| +11% | +$116K |
|
|
CBPX
2195
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.25M | ﹤0.01% |
59,300
-2,200
| -4% | -$49.5K |
|
2196
CVR Partners
UAN
$1.26B
| $1.24M | ﹤0.01% |
23,475
-1,280
| -5% | -$85.5K |
|
|
SMRT
2197
DELISTED
Stein Mart Inc
SMRT
| $1.24M | ﹤0.01% |
195,900
+400
| +0.2% | +$3.25K |
|
|
AVID
2198
DELISTED
Avid Technology Inc
AVID
| $1.24M | ﹤0.01% |
156,600
+10,300
| +7% | +$79.2K |
|
2199
ATN International
ATNI
$491M
| $1.24M | ﹤0.01% |
19,100
-3,300
| -15% | -$233K |
|
2200
Weis Markets
WMK
$1.77B
| $1.24M | ﹤0.01% |
23,400
-2,100
| -8% | -$109K |
|
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.