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 |
Kinder Morgan
KMI
|
+$106M |
| 2 |
Enterprise Products Partners
EPD
|
+$55.4M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$38.8M |
| 4 |
Alibaba
BABA
|
+$36.5M |
| 5 |
Annaly Capital Management
NLY
|
+$29.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$206M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$79.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$75.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.52% |
| 2 | Technology | 14.08% |
| 3 | Healthcare | 13.54% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZQK
2426
DELISTED
QUICKSILVER,INC.
ZQK
| $1.27M | ﹤0.01% |
639,200
+250,500
| +64% | +$479K |
|
|
AVIV
2427
DELISTED
AVIV REIT INC COM STK (MD)
AVIV
| $1.26M | ﹤0.01% |
31,900
+6,700
| +27% | +$214K |
|
2428
Argan
AGX
$8.1B
| $1.26M | ﹤0.01% |
39,876
+4,300
| +12% | +$141K |
|
2429
Zumiez
ZUMZ
$322M
| $1.26M | ﹤0.01% |
32,100
| – | – |
|
|
MEMP
2430
DELISTED
Memorial Production Partners LP Common Units
MEMP
| $1.26M | ﹤0.01% |
73,236
-900
| -1% | -$15.5K |
|
2431
Westwood Holdings Group
WHG
$185M
| $1.26M | ﹤0.01% |
21,100
-212
| -1% | -$12.9K |
|
2432
Phibro Animal Health
PAHC
$1.36B
| $1.25M | ﹤0.01% |
43,600
| – | – |
|
|
RKUS
2433
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $1.25M | ﹤0.01% |
120,300
-90,760
| -43% | -$1.1M |
|
2434
Park Aerospace
PKE
$823M
| $1.25M | ﹤0.01% |
58,372
+44,600
| +324% | +$1.09M |
|
|
BREW
2435
DELISTED
Craft Brew Alliance, Inc.
BREW
| $1.25M | ﹤0.01% |
102,764
+54,200
| +112% | +$788K |
|
2436
Lifecore Biomedical
LFCR
$184M
| $1.25M | ﹤0.01% |
93,100
+3,500
| +4% | +$45.2K |
|
2437
Financial Institutions
FISI
$825M
| $1.24M | ﹤0.01% |
53,400
+1,600
| +3% | +$39K |
|
|
TXTR
2438
DELISTED
TEXTURA CORPORATION COM
TXTR
| $1.24M | ﹤0.01% |
48,600
+29,489
| +154% | +$753K |
|
|
REN
2439
DELISTED
Resolute Energy Corporaton
REN
| $1.24M | ﹤0.01% |
295,580
+253,560
| +603% | +$3.62M |
|
2440
Icahn Enterprises
IEP
$5.35B
| $1.24M | ﹤0.01% |
12,800
| – | – |
|
2441
Dorchester Minerals
DMLP
$1.34B
| $1.24M | ﹤0.01% |
48,646
+10,900
| +29% | +$288K |
|
2442
Protalix BioTherapeutics
PLX
$214M
| $1.23M | ﹤0.01% |
58,780
+51,190
| +674% | +$1.1M |
|
|
ZVO
2443
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.23M | ﹤0.01% |
127,981
+19,600
| +18% | +$223K |
|
2444
Air T
AIRT
$80.7M
| $1.23M | ﹤0.01% |
94,800
| – | – |
|
2445
CareDx
CDNA
$2.43B
| $1.23M | ﹤0.01% |
175,000
| – | – |
|
|
HAYN
2446
DELISTED
Haynes International, Inc.
HAYN
| $1.23M | ﹤0.01% |
31,100
| – | – |
|
|
LION
2447
DELISTED
Fidelity Southern Corporation
LION
| $1.23M | ﹤0.01% |
79,771
+5,183
| +7% | +$78.6K |
|
2448
MPLX
MPLX
$60.7B
| $1.23M | ﹤0.01% |
+15,500
| New | +$987K |
|
|
AY
2449
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.23M | ﹤0.01% |
35,000
+6,000
| +21% | +$178K |
|
|
TVTY
2450
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $1.23M | ﹤0.01% |
57,500
+14,000
| +32% | +$229K |
|
Similar funds
California Public Employees Retirement System's Q4 2014 Portfolio in Review
As of Q4 2014, California Public Employees Retirement System held 3,925 positions worth $72.4B, up 0.09% from $72.4B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q4 2014 filing shows 151 new, 1,429 increased, 1,034 reduced and 114 closed positions. Its largest new stake was Dorian LPG: 1,258,100 shares worth $14.9M. The largest sale was Apple, an estimated $206M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q4 2014 buy was Dorian LPG: 1,258,100 shares worth $14.9M.
- California Public Employees Retirement System added most to Kinder Morgan in Q4 2014, an estimated $106M increase.
- California Public Employees Retirement System's biggest Q4 2014 reduction was Apple, cutting an estimated $206M.
- California Public Employees Retirement System fully exited Medtronic in Q4 2014, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $72.4B portfolio in Q4 2014.
- California Public Employees Retirement System opened 151 new positions and closed 114 in Q4 2014.
- California Public Employees Retirement System's portfolio value rose 0.09% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q4 2014, filed 9 Feb 2015.