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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KE
2426
Kimball Electronics
KE
$610M
| $860K | ﹤0.01% |
69,100
-2,200
| -3% | -$24.9K |
|
|
ESIO
2427
DELISTED
Electro Scientific Industries
ESIO
| $860K | ﹤0.01% |
147,300
-10,200
| -6% | -$69.8K |
|
2428
Oil-Dri
ODC
$1.26B
| $856K | ﹤0.01% |
49,600
| – | – |
|
2429
GeoPark
GPRK
$607M
| $855K | ﹤0.01% |
264,052
-8,233
| -3% | -$22.9K |
|
2430
QuinStreet
QNST
$1.2B
| $854K | ﹤0.01% |
240,500
| – | – |
|
2431
Lifecore Biomedical
LFCR
$177M
| $852K | ﹤0.01% |
79,200
-2,500
| -3% | -$27.6K |
|
|
PGNX
2432
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $852K | ﹤0.01% |
201,800
-6,300
| -3% | -$30.4K |
|
2433
Superior Group of Companies
SGC
$205M
| $851K | ﹤0.01% |
44,600
| – | – |
|
2434
Financial Institutions
FISI
$819M
| $850K | ﹤0.01% |
32,600
-10,100
| -24% | -$278K |
|
|
AVID
2435
DELISTED
Avid Technology Inc
AVID
| $850K | ﹤0.01% |
146,300
+29,300
| +25% | +$172K |
|
|
FFG
2436
DELISTED
FBL Financial Group
FFG
| $849K | ﹤0.01% |
14,000
-2,500
| -15% | -$151K |
|
2437
German American Bancorp
GABC
$1.88B
| $847K | ﹤0.01% |
39,750
-1,200
| -3% | -$25.8K |
|
2438
M/I Homes
MHO
$3.84B
| $847K | ﹤0.01% |
45,000
-1,400
| -3% | -$26.4K |
|
2439
Usana Health Sciences
USNA
$256M
| $847K | ﹤0.01% |
15,200
-600
| -4% | -$36.2K |
|
|
TRK
2440
DELISTED
Speedway Motorsports, Inc.
TRK
| $847K | ﹤0.01% |
47,700
-600
| -1% | -$10.7K |
|
2441
Ceco Environmental
CECO
$4.21B
| $845K | ﹤0.01% |
96,705
-2,800
| -3% | -$20.8K |
|
|
LION
2442
DELISTED
Fidelity Southern Corporation
LION
| $845K | ﹤0.01% |
53,900
-1,400
| -3% | -$22.5K |
|
2443
OceanFirst Financial
OCFC
$1.85B
| $844K | ﹤0.01% |
46,457
+10,104
| +28% | +$184K |
|
|
HCCI
2444
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $844K | ﹤0.01% |
69,100
-800
| -1% | -$8.95K |
|
|
JPEP
2445
DELISTED
JP Energy Partners LP
JPEP
| $844K | ﹤0.01% |
100,000
| – | – |
|
|
EGL
2446
DELISTED
Engility Holdings, Inc.
EGL
| $843K | ﹤0.01% |
39,900
-1,300
| -3% | -$27.6K |
|
|
BMTC
2447
DELISTED
Bryn Mawr Bank Corp
BMTC
| $841K | ﹤0.01% |
28,800
+500
| +2% | +$14K |
|
2448
Sierra Bancorp
BSRR
$523M
| $840K | ﹤0.01% |
50,338
+5,800
| +13% | +$101K |
|
2449
Tucows
TCX
$144M
| $840K | ﹤0.01% |
34,500
| – | – |
|
|
EXTN
2450
DELISTED
Exterran Corporation
EXTN
| $840K | ﹤0.01% |
65,400
-2,100
| -3% | -$29K |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.