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 | |
|---|---|---|---|---|---|---|
|
VLP
2226
DELISTED
Valero Energy Partners LP
VLP
| $1.19M | ﹤0.01% |
27,186
-700
| -3% | -$29.9K |
|
2227
Super Micro Computer
SMCI
$25.3B
| $1.19M | ﹤0.01% |
507,000
-32,000
| -6% | -$71.2K |
|
2228
Village Super Market
VLGEA
$638M
| $1.18M | ﹤0.01% |
36,967
+500
| +1% | +$15.6K |
|
|
NXGN
2229
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.18M | ﹤0.01% |
104,500
-15,800
| -13% | -$190K |
|
2230
Winmark
WINA
$1.26B
| $1.18M | ﹤0.01% |
11,200
-800
| -7% | -$81.4K |
|
2231
ReWalk Robotics
LFWD
$22.2M
| $1.18M | ﹤0.01% |
98
| – | – |
|
|
ALJ
2232
DELISTED
Alon USA Energy Inc
ALJ
| $1.18M | ﹤0.01% |
146,100
+36,600
| +33% | +$272K |
|
2233
Cooper-Standard Automotive
CPS
$484M
| $1.18M | ﹤0.01% |
11,900
-2,300
| -16% | -$217K |
|
2234
Hanmi Financial
HAFC
$963M
| $1.18M | ﹤0.01% |
44,600
-2,200
| -5% | -$55.4K |
|
|
CIVI
2235
DELISTED
Civitas Solutions, Inc.
CIVI
| $1.17M | ﹤0.01% |
64,300
-4,500
| -7% | -$89.1K |
|
|
XCRA
2236
DELISTED
Xcerra Corporation
XCRA
| $1.17M | ﹤0.01% |
193,200
-13,300
| -6% | -$78.3K |
|
2237
eHealth
EHTH
$38.8M
| $1.17M | ﹤0.01% |
104,100
+5,500
| +6% | +$64.7K |
|
2238
Movado Group
MOV
$796M
| $1.17M | ﹤0.01% |
54,300
+4,900
| +10% | +$110K |
|
|
FIG
2239
DELISTED
Fortress Investment Group Llc
FIG
| $1.17M | ﹤0.01% |
235,800
-29,200
| -11% | -$144K |
|
|
HIVE
2240
DELISTED
Aerohive Networks
HIVE
| $1.16M | ﹤0.01% |
190,900
| – | – |
|
2241
Travere Therapeutics
TVTX
$5.79B
| $1.15M | ﹤0.01% |
51,500
-3,600
| -7% | -$68.5K |
|
|
AVDL
2242
DELISTED
Avadel Pharmaceuticals
AVDL
| $1.15M | ﹤0.01% |
92,700
-6,400
| -6% | -$83.6K |
|
|
ORIG
2243
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $1.15M | ﹤0.01% |
149
+42
| +39% | +$559K |
|
2244
Rush Enterprises Class A
RUSHA
$9.62B
| $1.15M | ﹤0.01% |
105,525
+13,950
| +15% | +$143K |
|
2245
NACCO Industries
NC
$316M
| $1.15M | ﹤0.01% |
73,857
-3,502
| -5% | -$50.2K |
|
|
XIN
2246
DELISTED
Xinyuan Real Estate
XIN
| $1.15M | ﹤0.01% |
18,140
+8,010
| +79% | +$460K |
|
2247
AMC Entertainment Holdings
AMC
$2.35B
| $1.14M | ﹤0.01% |
3,680
-70
| -2% | -$21K |
|
2248
Marcus Corp
MCS
$929M
| $1.14M | ﹤0.01% |
45,700
-4,300
| -9% | -$98.5K |
|
|
RIGP
2249
DELISTED
Transocean Partners LLC
RIGP
| $1.14M | ﹤0.01% |
92,700
| – | – |
|
|
FPRX
2250
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $1.14M | ﹤0.01% |
21,700
-1,700
| -7% | -$81.2K |
|
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.