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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NWLI
2201
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.24M | ﹤0.01% |
6,349
-400
| -6% | -$85.5K |
|
|
CCEC
2202
Capital Clean Energy Carriers
CCEC
$1.35B
| $1.24M | ﹤0.01% |
59,406
-1,542
| -3% | -$32.3K |
|
2203
Installed Building Products
IBP
$6.63B
| $1.24M | ﹤0.01% |
34,100
-1,200
| -3% | -$37.3K |
|
2204
Varonis Systems
VRNS
$4.84B
| $1.24M | ﹤0.01% |
154,500
-5,100
| -3% | -$37.5K |
|
|
CSGS
2205
DELISTED
CSG Systems International
CSGS
| $1.23M | ﹤0.01% |
30,600
+500
| +2% | +$21.5K |
|
|
FARO
2206
DELISTED
Faro Technologies
FARO
| $1.23M | ﹤0.01% |
36,400
-1,200
| -3% | -$39.7K |
|
|
AEPI
2207
DELISTED
AEP Industries Inc
AEPI
| $1.23M | ﹤0.01% |
15,300
| – | – |
|
2208
Kopin
KOPN
$964M
| $1.23M | ﹤0.01% |
554,200
| – | – |
|
2209
1st Source
SRCE
$2.12B
| $1.23M | ﹤0.01% |
37,965
-2,400
| -6% | -$79.4K |
|
2210
Teekay
TK
$983M
| $1.23M | ﹤0.01% |
172,200
+20,000
| +13% | +$188K |
|
|
CARB
2211
DELISTED
Carbonite Inc
CARB
| $1.23M | ﹤0.01% |
126,208
-2,500
| -2% | -$21.9K |
|
2212
Great Southern Bancorp
GSBC
$875M
| $1.22M | ﹤0.01% |
33,100
-2,000
| -6% | -$76.6K |
|
|
SPNC
2213
DELISTED
Spectranetics Corp
SPNC
| $1.22M | ﹤0.01% |
65,300
-2,000
| -3% | -$35.2K |
|
2214
QuidelOrtho
QDEL
$959M
| $1.22M | ﹤0.01% |
68,200
-2,100
| -3% | -$36.3K |
|
|
NRE
2215
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.21M | ﹤0.01% |
131,275
+2,900
| +2% | +$32.5K |
|
2216
Artisan Partners
APAM
$3.08B
| $1.21M | ﹤0.01% |
43,700
+5,700
| +15% | +$180K |
|
2217
LSI Industries
LYTS
$907M
| $1.21M | ﹤0.01% |
109,100
| – | – |
|
2218
Mesa Laboratories
MLAB
$622M
| $1.21M | ﹤0.01% |
9,800
| – | – |
|
|
TMHC
2219
DELISTED
Taylor Morrison
TMHC
| $1.21M | ﹤0.01% |
81,200
-2,600
| -3% | -$38.2K |
|
2220
Bank of Marin Bancorp
BMRC
$461M
| $1.2M | ﹤0.01% |
49,800
+1,800
| +4% | +$44.4K |
|
|
MSFG
2221
DELISTED
MainSource Financial Group Inc
MSFG
| $1.2M | ﹤0.01% |
54,554
-746
| -1% | -$16.3K |
|
2222
Heron Therapeutics
HRTX
$61.3M
| $1.2M | ﹤0.01% |
66,600
-2,100
| -3% | -$41K |
|
2223
DXP Enterprises
DXPE
$3.03B
| $1.2M | ﹤0.01% |
80,400
+15,600
| +24% | +$262K |
|
2224
National Beverage
FIZZ
$2.89B
| $1.2M | ﹤0.01% |
38,200
+600
| +2% | +$15.3K |
|
|
TIS
2225
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.2M | ﹤0.01% |
33,700
+8,600
| +34% | +$270K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.