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 | |
|---|---|---|---|---|---|---|
|
MGI
2276
DELISTED
MoneyGram International, Inc. New
MGI
| $1.11M | ﹤0.01% |
156,100
-18,100
| -10% | -$129K |
|
|
BAS
2277
DELISTED
Basis Energy Services, Inc.
BAS
| $1.11M | ﹤0.01% |
2,342
+272
| +13% | +$124K |
|
2278
Johnson Outdoors
JOUT
$512M
| $1.11M | ﹤0.01% |
30,400
+4,200
| +16% | +$130K |
|
2279
Republic Bancorp
RBCAA
$1.92B
| $1.11M | ﹤0.01% |
35,600
-1,200
| -3% | -$36.5K |
|
2280
Marchex
MCHX
$80.6M
| $1.1M | ﹤0.01% |
398,790
| – | – |
|
2281
Tucows
TCX
$134M
| $1.1M | ﹤0.01% |
34,500
| – | – |
|
|
DS
2282
DELISTED
Drive Shack Inc.
DS
| $1.1M | ﹤0.01% |
243,199
+32,100
| +15% | +$148K |
|
|
SCNB
2283
DELISTED
Suffolk Bancorp
SCNB
| $1.1M | ﹤0.01% |
31,700
| – | – |
|
2284
CTS Corp
CTS
$1.79B
| $1.1M | ﹤0.01% |
59,200
-7,300
| -11% | -$138K |
|
|
PRMW
2285
DELISTED
Primo Water Corporation
PRMW
| $1.1M | ﹤0.01% |
90,600
+4,500
| +5% | +$53K |
|
|
WSR
2286
DELISTED
Whitestone REIT
WSR
| $1.09M | ﹤0.01% |
78,600
+16,300
| +26% | +$244K |
|
|
PRSU
2287
Pursuit Attractions and Hospitality Inc
PRSU
$1.29B
| $1.09M | ﹤0.01% |
29,600
+900
| +3% | +$31.3K |
|
|
CIR
2288
DELISTED
CIRCOR International, Inc
CIR
| $1.09M | ﹤0.01% |
18,300
-1,000
| -5% | -$58.7K |
|
|
KERX
2289
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.09M | ﹤0.01% |
205,100
-14,100
| -6% | -$76K |
|
|
NATL
2290
DELISTED
National Interstate Corporation
NATL
| $1.09M | ﹤0.01% |
33,481
-700
| -2% | -$22.4K |
|
|
IXYS
2291
DELISTED
IXYS Corp
IXYS
| $1.09M | ﹤0.01% |
90,300
-3,400
| -4% | -$38.8K |
|
|
ENZY
2292
DELISTED
Enzymotec Ltd
ENZY
| $1.08M | ﹤0.01% |
154,900
| – | – |
|
2293
Seacoast Banking Corp of Florida
SBCF
$3.48B
| $1.08M | ﹤0.01% |
67,200
-30,700
| -31% | -$504K |
|
|
CNBKA
2294
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.08M | ﹤0.01% |
23,852
| – | – |
|
|
CACB
2295
DELISTED
Cascade Bancorp
CACB
| $1.08M | ﹤0.01% |
178,300
-6,900
| -4% | -$40.3K |
|
|
GIMO
2296
DELISTED
Gigamon Inc.
GIMO
| $1.08M | ﹤0.01% |
19,700
+8,800
| +81% | +$400K |
|
|
MITL
2297
DELISTED
Mitel Networks Corporation
MITL
| $1.08M | ﹤0.01% |
146,500
-10,100
| -6% | -$74.3K |
|
|
CXDC
2298
DELISTED
China XD Plastics Company Limited
CXDC
| $1.07M | ﹤0.01% |
243,500
-16,700
| -6% | -$77.1K |
|
2299
Heron Therapeutics
HRTX
$63.5M
| $1.07M | ﹤0.01% |
62,300
-4,300
| -6% | -$79.8K |
|
2300
LSB Industries
LXU
$711M
| $1.07M | ﹤0.01% |
162,500
+26,650
| +20% | +$227K |
|
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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.