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 |
Medtronic
MDT
|
+$302M |
| 2 |
Visa
V
|
+$277M |
| 3 |
AGN
Allergan plc
AGN
|
+$101M |
| 4 |
Equinix
EQIX
|
+$36.2M |
| 5 |
Qorvo
QRVO
|
+$30.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$179M |
| 2 |
Wells Fargo
WFC
|
+$126M |
| 3 |
Microsoft
MSFT
|
+$117M |
| 4 |
Johnson & Johnson
JNJ
|
+$97.2M |
| 5 |
Occidental Petroleum
OXY
|
+$97.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Healthcare | 14.6% |
| 3 | Technology | 14.14% |
| 4 | Industrials | 10.84% |
| 5 | Consumer Discretionary | 9.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
Bassett Furniture
BSET
$170M
| $1.24M | ﹤0.01% |
43,600
+2,100
| +5% | +$60.1K |
|
2377
Camden National
CAC
$982M
| $1.24M | ﹤0.01% |
48,000
-8,400
| -15% | -$218K |
|
|
LBAI
2378
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.24M | ﹤0.01% |
104,126
+6,700
| +7% | +$77.9K |
|
|
ONE
2379
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $1.24M | ﹤0.01% |
413,900
+59,700
| +17% | +$170K |
|
2380
VSE Corp
VSEC
$6.79B
| $1.24M | ﹤0.01% |
46,200
| – | – |
|
2381
Alamo Group
ALG
$2.07B
| $1.23M | ﹤0.01% |
22,500
-1,000
| -4% | -$57.4K |
|
|
SRNE
2382
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.23M | ﹤0.01% |
69,500
+24,300
| +54% | +$312K |
|
|
WWE
2383
DELISTED
World Wrestling Entertainment
WWE
| $1.22M | ﹤0.01% |
74,200
-15,000
| -17% | -$218K |
|
2384
MiMedx Group
MDXG
$630M
| $1.22M | ﹤0.01% |
105,500
-4,600
| -4% | -$47.3K |
|
|
DEST
2385
DELISTED
Destination Maternity Corporation
DEST
| $1.22M | ﹤0.01% |
104,844
+42,600
| +68% | +$529K |
|
2386
Innospec
IOSP
$2.31B
| $1.22M | ﹤0.01% |
27,100
-43,502
| -62% | -$1.95M |
|
|
TYPE
2387
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $1.22M | ﹤0.01% |
50,500
-3,400
| -6% | -$95.7K |
|
|
ACAT
2388
DELISTED
Arctic Cat Inc
ACAT
| $1.22M | ﹤0.01% |
36,600
| – | – |
|
|
RRTS
2389
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $1.21M | ﹤0.01% |
1,872
-244
| -12% | -$156K |
|
|
DL
2390
DELISTED
China Distance Education Holdings Limited
DL
| $1.21M | ﹤0.01% |
75,100
-100
| -0.1% | -$1.86K |
|
2391
1-800-Flowers.com
FLWS
$259M
| $1.2M | ﹤0.01% |
114,990
-67,600
| -37% | -$700K |
|
|
KITE
2392
DELISTED
Kite Pharma, Inc.
KITE
| $1.2M | ﹤0.01% |
19,700
| – | – |
|
2393
Green Dot
GDOT
$760M
| $1.2M | ﹤0.01% |
62,700
-63,205
| -50% | -$1.03M |
|
|
SMRT
2394
DELISTED
Stein Mart Inc
SMRT
| $1.2M | ﹤0.01% |
114,400
-22,400
| -16% | -$257K |
|
|
REGI
2395
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.2M | ﹤0.01% |
103,667
| – | – |
|
2396
Rush Enterprises Class A
RUSHA
$9.52B
| $1.2M | ﹤0.01% |
102,600
-7,200
| -7% | -$86.6K |
|
2397
Prothena Corp
PRTA
$473M
| $1.19M | ﹤0.01% |
22,600
| – | – |
|
2398
Ring Energy
REI
$357M
| $1.19M | ﹤0.01% |
106,300
+48,400
| +84% | +$570K |
|
2399
AeroVironment
AVAV
$9.92B
| $1.19M | ﹤0.01% |
45,500
-2,000
| -4% | -$52.8K |
|
|
INFI
2400
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.18M | ﹤0.01% |
107,600
| – | – |
|
Similar funds
California Public Employees Retirement System's Q2 2015 Portfolio in Review
As of Q2 2015, California Public Employees Retirement System held 3,921 positions worth $66.6B, down 8% from $72.4B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $6.88B in Q2 2015, closing 244 positions and reducing 1,591 holdings. Its most notable exit was Allergan Inc, an estimated $179M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Healthcare and Technology.
Against the trend, California Public Employees Retirement System opened a new position in Medtronic worth $293M.
- California Public Employees Retirement System's largest Q2 2015 buy was Medtronic: 3,948,339 shares worth $293M.
- California Public Employees Retirement System added most to Visa in Q2 2015, an estimated $277M increase.
- California Public Employees Retirement System's biggest Q2 2015 reduction was Wells Fargo, cutting an estimated $126M.
- California Public Employees Retirement System fully exited Allergan Inc in Q2 2015, selling an estimated $179M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $66.6B portfolio in Q2 2015.
- California Public Employees Retirement System opened 110 new positions and closed 244 in Q2 2015.
- California Public Employees Retirement System's portfolio value fell 8% quarter-over-quarter to $66.6B.
Based on California Public Employees Retirement System's 13F filing for Q2 2015, filed 14 Aug 2015.