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 | |
|---|---|---|---|---|---|---|
|
SPNS
2276
DELISTED
Sapiens International
SPNS
| $1.09M | ﹤0.01% |
91,264
-11,800
| -11% | -$126K |
|
|
IMGN
2277
DELISTED
Immunogen Inc
IMGN
| $1.09M | ﹤0.01% |
128,200
-7,800
| -6% | -$66K |
|
|
LBY
2278
DELISTED
Libbey, Inc.
LBY
| $1.09M | ﹤0.01% |
58,700
+12,000
| +26% | +$211K |
|
2279
The Bancorp
TBBK
$2.82B
| $1.09M | ﹤0.01% |
190,800
+37,400
| +24% | +$187K |
|
|
LTS
2280
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.09M | ﹤0.01% |
436,000
-26,200
| -6% | -$61.6K |
|
|
HTB
2281
HomeTrust Bancshares
HTB
$837M
| $1.09M | ﹤0.01% |
59,400
+1,700
| +3% | +$31.1K |
|
2282
AeroVironment
AVAV
$9.59B
| $1.09M | ﹤0.01% |
38,400
-2,400
| -6% | -$62.6K |
|
|
FTD
2283
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $1.08M | ﹤0.01% |
41,300
-2,500
| -6% | -$60.5K |
|
2284
CTS Corp
CTS
$1.79B
| $1.08M | ﹤0.01% |
68,500
-900
| -1% | -$13.5K |
|
|
CACB
2285
DELISTED
Cascade Bancorp
CACB
| $1.08M | ﹤0.01% |
188,700
-7,200
| -4% | -$39.5K |
|
|
RKUS
2286
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $1.07M | ﹤0.01% |
109,600
-49,800
| -31% | -$460K |
|
2287
Phibro Animal Health
PAHC
$1.38B
| $1.07M | ﹤0.01% |
39,700
-2,500
| -6% | -$71.7K |
|
2288
National Bank Holdings
NBHC
$1.94B
| $1.06M | ﹤0.01% |
52,100
+20,100
| +63% | +$398K |
|
2289
Flexsteel Industries
FLXS
$303M
| $1.06M | ﹤0.01% |
24,300
+500
| +2% | +$20.9K |
|
2290
NACCO Industries
NC
$316M
| $1.06M | ﹤0.01% |
80,861
+21,010
| +35% | +$233K |
|
|
KERX
2291
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.06M | ﹤0.01% |
226,100
-13,700
| -6% | -$54.7K |
|
|
CAI
2292
DELISTED
CAI International, Inc.
CAI
| $1.05M | ﹤0.01% |
109,200
+50,900
| +87% | +$383K |
|
|
FBC
2293
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $1.05M | ﹤0.01% |
49,100
-3,500
| -7% | -$70.1K |
|
2294
Geospace Technologies
GEOS
$66.5M
| $1.05M | ﹤0.01% |
85,000
+13,900
| +20% | +$153K |
|
|
OKSB
2295
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $1.05M | ﹤0.01% |
69,700
+2,100
| +3% | +$33.1K |
|
2296
StoneX
SNEX
$8.05B
| $1.05M | ﹤0.01% |
198,450
-336,150
| -63% | -$1.81M |
|
|
WILN
2297
DELISTED
Wi-LAN Inc.
WILN
| $1.05M | ﹤0.01% |
457,600
-27,500
| -6% | -$41.4K |
|
|
EXTN
2298
DELISTED
Exterran Corporation
EXTN
| $1.04M | ﹤0.01% |
67,500
-25,491
| -27% | -$385K |
|
2299
Columbus McKinnon
CMCO
$550M
| $1.04M | ﹤0.01% |
66,100
-15,000
| -18% | -$222K |
|
|
ADPT
2300
DELISTED
Adeptus Health Inc
ADPT
| $1.04M | ﹤0.01% |
18,700
-4,000
| -18% | -$207K |
|
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.