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 | |
|---|---|---|---|---|---|---|
|
POT
2326
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.33M | ﹤0.01% |
38,400
| – | – |
|
2327
Green Dot
GDOT
$760M
| $1.32M | ﹤0.01% |
62,700
+4,600
| +8% | +$86.4K |
|
|
WLT
2328
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $1.32M | ﹤0.01% |
563,300
+111,100
| +25% | +$575K |
|
|
REN
2329
DELISTED
Resolute Energy Corporaton
REN
| $1.32M | ﹤0.01% |
42,020
-14,013
| -25% | -$531K |
|
2330
Camden National
CAC
$982M
| $1.32M | ﹤0.01% |
56,400
+450
| +0.8% | +$10.9K |
|
2331
UFP Technologies
UFPT
$2.49B
| $1.32M | ﹤0.01% |
59,858
| – | – |
|
|
MDCI
2332
DELISTED
MEDICAL ACTION INDS INC
MDCI
| $1.32M | ﹤0.01% |
95,525
-12,500
| -12% | -$172K |
|
2333
TriNet
TNET
$3.06B
| $1.3M | ﹤0.01% |
50,500
+40,500
| +405% | +$1.04M |
|
2334
Clearway Energy Class C
CWEN
$7.08B
| $1.3M | ﹤0.01% |
55,200
+20,400
| +59% | +$531K |
|
2335
WSFS Financial
WSFS
$4.14B
| $1.3M | ﹤0.01% |
54,390
+600
| +1% | +$14.5K |
|
|
GPOR
2336
DELISTED
Gulfport Energy Corp.
GPOR
| $1.3M | ﹤0.01% |
24,300
-3,855
| -14% | -$221K |
|
|
CCIH
2337
DELISTED
Chinacache International Holdings Ltd
CCIH
| $1.3M | ﹤0.01% |
94,200
+34,700
| +58% | +$478K |
|
2338
DHI Group
DHX
$166M
| $1.29M | ﹤0.01% |
154,500
+8,100
| +6% | +$67K |
|
2339
Bright Horizons
BFAM
$3.76B
| $1.29M | ﹤0.01% |
30,749
| – | – |
|
|
ENVE
2340
DELISTED
ENVENTIS CORP COM STK
ENVE
| $1.29M | ﹤0.01% |
71,100
+1,500
| +2% | +$25.5K |
|
|
RDEN
2341
DELISTED
ELIZABETH ARDEN INC
RDEN
| $1.29M | ﹤0.01% |
77,200
+12,300
| +19% | +$233K |
|
2342
Astec Industries
ASTE
$989M
| $1.29M | ﹤0.01% |
35,400
-9,205
| -21% | -$373K |
|
|
RLD
2343
DELISTED
REALD INC COM STK
RLD
| $1.29M | ﹤0.01% |
137,600
| – | – |
|
|
VLP
2344
DELISTED
Valero Energy Partners LP
VLP
| $1.28M | ﹤0.01% |
28,786
| – | – |
|
|
MSFG
2345
DELISTED
MainSource Financial Group Inc
MSFG
| $1.28M | ﹤0.01% |
74,500
+1,300
| +2% | +$22.3K |
|
2346
Lee Enterprises
LEE
$181M
| $1.28M | ﹤0.01% |
37,955
+3,010
| +9% | +$119K |
|
2347
Lennar Class B
LEN.B
$20.8B
| $1.28M | ﹤0.01% |
42,936
+2,275
| +6% | +$68.5K |
|
2348
TTM Technologies
TTMI
$13.8B
| $1.28M | ﹤0.01% |
188,153
+23,700
| +14% | +$179K |
|
2349
W&T Offshore
WTI
$575M
| $1.28M | ﹤0.01% |
116,167
+14,200
| +14% | +$199K |
|
|
TEP
2350
DELISTED
Tallgrass Energy Partners, LP
TEP
| $1.28M | ﹤0.01% |
28,200
| – | – |
|
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.