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 |
AGN
Allergan plc
AGN
|
+$53.1M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$46.4M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$23.4M |
| 5 |
Alibaba
BABA
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$103M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
ExxonMobil
XOM
|
+$45.5M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.72% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NOAH
2276
Noah Holdings
NOAH
$591M
| $1.42M | ﹤0.01% |
105,900
| – | – |
|
|
CSOD
2277
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.42M | ﹤0.01% |
41,300
-2,715
| -6% | -$107K |
|
2278
NN Inc
NNBR
$301M
| $1.42M | ﹤0.01% |
53,150
| – | – |
|
2279
Vishay Precision Group
VPG
$894M
| $1.42M | ﹤0.01% |
95,000
+5,200
| +6% | +$81.5K |
|
2280
Eagle Bancorp
EGBN
$865M
| $1.42M | ﹤0.01% |
44,519
+1,400
| +3% | +$46.8K |
|
|
IRBT
2281
DELISTED
iRobot
IRBT
| $1.42M | ﹤0.01% |
46,510
-20,225
| -30% | -$693K |
|
2282
Kadant
KAI
$4B
| $1.42M | ﹤0.01% |
36,262
| – | – |
|
|
SCU
2283
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $1.41M | ﹤0.01% |
13,200
-5,150
| -28% | -$658K |
|
2284
BioCryst Pharmaceuticals
BCRX
$2.64B
| $1.41M | ﹤0.01% |
144,500
| – | – |
|
|
BEBE
2285
DELISTED
Bebe Stores Inc
BEBE
| $1.41M | ﹤0.01% |
60,900
+5,140
| +9% | +$146K |
|
|
MVO
2286
DELISTED
MV Oil Trust
MVO
| $1.41M | ﹤0.01% |
54,000
| – | – |
|
2287
CRA International
CRAI
$1.06B
| $1.41M | ﹤0.01% |
55,400
+1,800
| +3% | +$45.9K |
|
|
IO
2288
DELISTED
ION Geophysical Corporation
IO
| $1.41M | ﹤0.01% |
33,607
+1,347
| +4% | +$72.1K |
|
2289
Kratos Defense & Security Solutions
KTOS
$12B
| $1.41M | ﹤0.01% |
214,136
| – | – |
|
|
BALT
2290
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
| $1.41M | ﹤0.01% |
339,300
| – | – |
|
2291
Comscore
SCOR
$108M
| $1.4M | ﹤0.01% |
1,926
+561
| +41% | +$424K |
|
2292
Weibo
WB
$1.93B
| $1.4M | ﹤0.01% |
75,000
| – | – |
|
|
HSII
2293
DELISTED
Heidrick & Struggles
HSII
| $1.4M | ﹤0.01% |
68,175
+18,800
| +38% | +$380K |
|
|
DVR
2294
DELISTED
CAL DIVE INTERNATIONAL INC COM
DVR
| $1.4M | ﹤0.01% |
1,442,950
+73,400
| +5% | +$73.2K |
|
2295
Ingles Markets
IMKTA
$1.65B
| $1.39M | ﹤0.01% |
58,847
+2,000
| +4% | +$50.6K |
|
|
FENG
2296
Phoenix New Media
FENG
$18.1M
| $1.39M | ﹤0.01% |
24,811
| – | – |
|
|
ATRI
2297
DELISTED
Atrion Corp
ATRI
| $1.39M | ﹤0.01% |
4,559
| – | – |
|
|
LBY
2298
DELISTED
Libbey, Inc.
LBY
| $1.39M | ﹤0.01% |
52,900
+1,500
| +3% | +$39.5K |
|
2299
Griffon
GFF
$4.84B
| $1.39M | ﹤0.01% |
121,727
-3,300
| -3% | -$38.9K |
|
2300
Onto Innovation
ONTO
$15.7B
| $1.38M | ﹤0.01% |
91,600
| – | – |
|
Similar funds
California Public Employees Retirement System's Q3 2014 Portfolio in Review
As of Q3 2014, California Public Employees Retirement System held 3,865 positions worth $72.4B, down 1.6% from $73.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.3%. California Public Employees Retirement System opened 75 new positions and exited 91, leaving the 3,865-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2014 buy was Weatherford International plc: 2,064,346 shares worth $42.9M.
- California Public Employees Retirement System added most to Allergan plc in Q3 2014, an estimated $53.1M increase.
- California Public Employees Retirement System's biggest Q3 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $103M.
- California Public Employees Retirement System fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $73.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $72.4B portfolio in Q3 2014.
- California Public Employees Retirement System opened 75 new positions and closed 91 in Q3 2014.
- California Public Employees Retirement System's portfolio value fell 1.6% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q3 2014, filed 7 Nov 2014.