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 | |
|---|---|---|---|---|---|---|
|
SPNC
2351
DELISTED
Spectranetics Corp
SPNC
| $977K | ﹤0.01% |
67,300
-300
| -0.4% | -$4.15K |
|
|
HGT
2352
DELISTED
Hugoton Royalty Trust
HGT
| $976K | ﹤0.01% |
712,356
+525,300
| +281% | +$801K |
|
2353
Lifeway Foods
LWAY
$377M
| $975K | ﹤0.01% |
90,028
| – | – |
|
|
NSA
2354
DELISTED
National Storage Affiliates Trust
NSA
| $975K | ﹤0.01% |
46,000
| – | – |
|
2355
First Financial Corp
THFF
$975M
| $972K | ﹤0.01% |
28,400
+6,700
| +31% | +$221K |
|
2356
Varonis Systems
VRNS
$5.26B
| $971K | ﹤0.01% |
159,600
-9,900
| -6% | -$58.3K |
|
|
CPXX
2357
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $970K | ﹤0.01% |
87,900
| – | – |
|
2358
Liberty Latin America Class A
LILA
$1.67B
| $969K | ﹤0.01% |
43,168
-3,056
| -7% | -$68.2K |
|
2359
Bristow Group
VTOL
$1.38B
| $966K | ﹤0.01% |
51,500
+26,800
| +109% | +$497K |
|
|
CBR
2360
DELISTED
CIBER Inc.
CBR
| $965K | ﹤0.01% |
457,500
+50,544
| +12% | +$129K |
|
2361
Marcus Corp
MCS
$929M
| $963K | ﹤0.01% |
50,800
+30,200
| +147% | +$565K |
|
|
AMFW
2362
DELISTED
AMEC Foster Wheeler plc
AMFW
| $963K | ﹤0.01% |
150,500
-9,100
| -6% | -$54.3K |
|
2363
Omeros
OMER
$1.26B
| $962K | ﹤0.01% |
62,700
-3,900
| -6% | -$47.4K |
|
2364
Forum Energy Technologies
FET
$927M
| $961K | ﹤0.01% |
3,640
+1,955
| +116% | +$437K |
|
2365
Miller Industries
MLR
$640M
| $961K | ﹤0.01% |
47,400
+4,000
| +9% | +$80.6K |
|
|
ALJ
2366
DELISTED
Alon USA Energy Inc
ALJ
| $960K | ﹤0.01% |
93,000
-45,600
| -33% | -$515K |
|
2367
Usana Health Sciences
USNA
$252M
| $959K | ﹤0.01% |
15,800
+1,000
| +7% | +$58.9K |
|
|
TRK
2368
DELISTED
Speedway Motorsports, Inc.
TRK
| $958K | ﹤0.01% |
48,300
+8,200
| +20% | +$152K |
|
2369
Precigen
PGEN
$2.32B
| $956K | ﹤0.01% |
28,454
-1,816
| -6% | -$57.2K |
|
2370
MGP Ingredients
MGPI
$389M
| $953K | ﹤0.01% |
39,300
+11,400
| +41% | +$262K |
|
|
HIVE
2371
DELISTED
Aerohive Networks
HIVE
| $953K | ﹤0.01% |
190,900
| – | – |
|
2372
Univest Financial
UVSP
$1.19B
| $952K | ﹤0.01% |
48,800
+7,800
| +19% | +$151K |
|
2373
Clearfield
CLFD
$390M
| $948K | ﹤0.01% |
59,000
| – | – |
|
|
CALL
2374
DELISTED
magicJack VocalTec Ltd
CALL
| $947K | ﹤0.01% |
144,400
+12,700
| +10% | +$97.5K |
|
2375
Vera Bradley
VRA
$94.7M
| $946K | ﹤0.01% |
46,500
-2,900
| -6% | -$47.4K |
|
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.