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 | |
|---|---|---|---|---|---|---|
|
FRGI
2326
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.03M | ﹤0.01% |
42,800
-2,000
| -4% | -$48.4K |
|
2327
Camden National
CAC
$996M
| $1.03M | ﹤0.01% |
32,250
-2,100
| -6% | -$63.6K |
|
|
LDR
2328
DELISTED
Landauer Inc
LDR
| $1.02M | ﹤0.01% |
23,000
-1,100
| -5% | -$48.5K |
|
|
NEWS
2329
DELISTED
NewStar Financial, Inc.
NEWS
| $1.02M | ﹤0.01% |
105,100
-7,300
| -6% | -$72.4K |
|
|
HTBK
2330
DELISTED
Heritage Commerce
HTBK
| $1.02M | ﹤0.01% |
93,200
| – | – |
|
|
AMFW
2331
DELISTED
AMEC Foster Wheeler plc
AMFW
| $1.02M | ﹤0.01% |
137,300
-8,600
| -6% | -$57.3K |
|
|
SRLP
2332
DELISTED
SPRAGUE RESOURCES LP
SRLP
| $1.02M | ﹤0.01% |
43,000
| – | – |
|
|
BREW
2333
DELISTED
Craft Brew Alliance, Inc.
BREW
| $1.02M | ﹤0.01% |
53,929
| – | – |
|
|
VNET
2334
VNET Group
VNET
$2.12B
| $1.01M | ﹤0.01% |
127,700
-8,900
| -7% | -$82.1K |
|
2335
Utah Medical Products
UTMD
$230M
| $1.01M | ﹤0.01% |
16,950
| – | – |
|
2336
SPS Commerce
SPSC
$2.86B
| $1.01M | ﹤0.01% |
27,600
-2,200
| -7% | -$72.3K |
|
2337
The Bancorp
TBBK
$2.82B
| $1.01M | ﹤0.01% |
157,600
-30,900
| -16% | -$179K |
|
|
CIE
2338
DELISTED
Cobalt International Energy, Inc
CIE
| $1.01M | ﹤0.01% |
54,327
-3,713
| -6% | -$69K |
|
2339
Saga Communications
SGA
$61.8M
| $1.01M | ﹤0.01% |
22,200
| – | – |
|
2340
Supernus Pharmaceuticals
SUPN
$2.74B
| $1M | ﹤0.01% |
40,600
-25,800
| -39% | -$584K |
|
2341
Citizens
CIA
$198M
| $1M | ﹤0.01% |
107,100
-7,400
| -6% | -$68.7K |
|
|
RT
2342
DELISTED
Ruby Tuesday Georgia
RT
| $999K | ﹤0.01% |
399,400
+11,100
| +3% | +$37.1K |
|
|
MOBI
2343
DELISTED
Sky-mobi Limited ADS
MOBI
| $997K | ﹤0.01% |
493,701
| – | – |
|
2344
Lifecore Biomedical
LFCR
$179M
| $992K | ﹤0.01% |
74,000
-5,200
| -7% | -$63K |
|
2345
M/I Homes
MHO
$3.9B
| $990K | ﹤0.01% |
42,000
-3,000
| -7% | -$66.4K |
|
|
WNRL
2346
DELISTED
Western Refining Logistics, LP
WNRL
| $988K | ﹤0.01% |
42,600
-1,200
| -3% | -$28.4K |
|
2347
Civeo
CVEO
$344M
| $981K | ﹤0.01% |
71,683
+13,133
| +22% | +$214K |
|
|
CAFD
2348
DELISTED
8point3 Energy Partners LP
CAFD
| $981K | ﹤0.01% |
+68,100
| New | +$1.08M |
|
2349
NVE Corp
NVEC
$563M
| $978K | ﹤0.01% |
16,600
-2,200
| -12% | -$128K |
|
2350
Phibro Animal Health
PAHC
$1.38B
| $976K | ﹤0.01% |
35,900
-2,600
| -7% | -$58.8K |
|
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.