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 | |
|---|---|---|---|---|---|---|
2201
Standard Motor Products
SMP
$870M
| $1.23M | ﹤0.01% |
35,400
-2,900
| -8% | -$100K |
|
2202
Weibo
WB
$1.88B
| $1.23M | ﹤0.01% |
68,300
-4,200
| -6% | -$67.6K |
|
2203
Peoples Bancorp
PEBO
$1.49B
| $1.23M | ﹤0.01% |
62,700
+26,000
| +71% | +$473K |
|
|
TRCO
2204
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $1.22M | ﹤0.01% |
+31,800
| New | +$1.07M |
|
2205
Winmark
WINA
$1.26B
| $1.22M | ﹤0.01% |
12,400
-300
| -2% | -$28.7K |
|
2206
Clear Channel Outdoor Holdings
CCO
$1.18B
| $1.21M | ﹤0.01% |
258,120
+33,500
| +15% | +$148K |
|
2207
QuidelOrtho
QDEL
$1.03B
| $1.21M | ﹤0.01% |
70,300
-1,800
| -2% | -$30.1K |
|
|
FARO
2208
DELISTED
Faro Technologies
FARO
| $1.21M | ﹤0.01% |
37,600
-2,400
| -6% | -$67.1K |
|
2209
AMN Healthcare
AMN
$1.34B
| $1.21M | ﹤0.01% |
36,000
-6,000
| -14% | -$172K |
|
|
SQBG
2210
DELISTED
Sequential Brands Group, Inc.
SQBG
| $1.21M | ﹤0.01% |
4,731
-90
| -2% | -$23.4K |
|
|
TSC
2211
DELISTED
TriState Capital Holdings, Inc.
TSC
| $1.21M | ﹤0.01% |
95,881
+9,700
| +11% | +$119K |
|
2212
WSFS Financial
WSFS
$4.17B
| $1.21M | ﹤0.01% |
37,084
-4,000
| -10% | -$121K |
|
|
EBSB
2213
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.21M | ﹤0.01% |
86,627
-9,700
| -10% | -$132K |
|
|
TTPH
2214
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $1.21M | ﹤0.01% |
13,015
-785
| -6% | -$78.4K |
|
2215
Insmed
INSM
$27.6B
| $1.2M | ﹤0.01% |
95,000
-5,800
| -6% | -$76.2K |
|
|
VSA
2216
VisionSys AI
VSA
$10.3M
| $1.2M | ﹤0.01% |
44
| – | – |
|
2217
Interparfums
IPAR
$3.7B
| $1.19M | ﹤0.01% |
38,600
-10,700
| -22% | -$279K |
|
2218
Silgan Holdings
SLGN
$4.46B
| $1.19M | ﹤0.01% |
44,800
+14,400
| +47% | +$374K |
|
2219
Culp Inc
CULP
$43.2M
| $1.19M | ﹤0.01% |
45,200
| – | – |
|
|
BNFT
2220
DELISTED
Benefitfocus, Inc.
BNFT
| $1.18M | ﹤0.01% |
35,500
-2,200
| -6% | -$65.5K |
|
|
TMHC
2221
DELISTED
Taylor Morrison
TMHC
| $1.18M | ﹤0.01% |
83,800
-5,200
| -6% | -$68.8K |
|
|
ARNA
2222
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $1.18M | ﹤0.01% |
60,020
-3,610
| -6% | -$57.9K |
|
2223
Bank of Marin Bancorp
BMRC
$462M
| $1.18M | ﹤0.01% |
48,000
-400
| -0.8% | -$10.1K |
|
2224
First Interstate BancSystem
FIBK
$3.7B
| $1.18M | ﹤0.01% |
41,800
+21,300
| +104% | +$577K |
|
2225
Icahn Enterprises
IEP
$5.33B
| $1.17M | ﹤0.01% |
18,600
-800
| -4% | -$46K |
|
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.