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 | |
|---|---|---|---|---|---|---|
|
RDUS
2451
DELISTED
Radius Health, Inc.
RDUS
| $1.08M | ﹤0.01% |
15,900
+8,395
| +112% | +$391K |
|
|
REMY
2452
DELISTED
REMY INTL INC NEW COMMON
REMY
| $1.07M | ﹤0.01% |
+48,630
| New | +$1.08M |
|
2453
Center Bancorp
CNOB
$1.79B
| $1.07M | ﹤0.01% |
49,800
+15,100
| +44% | +$299K |
|
2454
OraSure Technologies
OSUR
$268M
| $1.07M | ﹤0.01% |
198,900
-24,780
| -11% | -$153K |
|
2455
Acacia Research
ACTG
$451M
| $1.07M | ﹤0.01% |
121,900
-37,700
| -24% | -$387K |
|
2456
Bank of Marin Bancorp
BMRC
$461M
| $1.07M | ﹤0.01% |
42,000
+1,400
| +3% | +$35K |
|
|
IIP
2457
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $1.07M | ﹤0.01% |
115,400
| – | – |
|
|
PHLT
2458
DELISTED
Performant Healthcare Inc
PHLT
| $1.06M | ﹤0.01% |
328,600
+13,600
| +4% | +$42.3K |
|
|
CYNI
2459
DELISTED
CYAN INC COM
CYNI
| $1.06M | ﹤0.01% |
203,000
| – | – |
|
2460
The Bancorp
TBBK
$2.83B
| $1.06M | ﹤0.01% |
114,400
+33,700
| +42% | +$326K |
|
|
XOMA
2461
DELISTED
Xoma
XOMA
| $1.06M | ﹤0.01% |
13,680
| – | – |
|
|
MANT
2462
DELISTED
Mantech International Corp
MANT
| $1.06M | ﹤0.01% |
36,500
| – | – |
|
|
TSYS
2463
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| $1.06M | ﹤0.01% |
320,000
-37,526
| -10% | -$126K |
|
2464
DHI Group
DHX
$166M
| $1.06M | ﹤0.01% |
118,800
-29,700
| -20% | -$258K |
|
|
ASCMA
2465
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.06M | ﹤0.01% |
24,700
+10,200
| +70% | +$413K |
|
|
BNCN
2466
DELISTED
BNC Bancorp
BNCN
| $1.05M | ﹤0.01% |
54,520
-5,900
| -10% | -$110K |
|
2467
Motorcar Parts of America
MPAA
$236M
| $1.05M | ﹤0.01% |
35,000
-24,100
| -41% | -$704K |
|
2468
1st Source
SRCE
$2.12B
| $1.05M | ﹤0.01% |
33,935
-20,336
| -37% | -$600K |
|
|
YDKN
2469
DELISTED
Yadkin Financial Corporation
YDKN
| $1.05M | ﹤0.01% |
50,054
-2,700
| -5% | -$54.5K |
|
2470
Hawkins
HWKN
$2.71B
| $1.05M | ﹤0.01% |
51,800
| – | – |
|
|
PGN
2471
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $1.05M | ﹤0.01% |
960,039
+736,900
| +330% | +$1.2M |
|
2472
eHealth
EHTH
$39.1M
| $1.04M | ﹤0.01% |
82,300
+29,800
| +57% | +$360K |
|
2473
Bristow Group
VTOL
$1.37B
| $1.04M | ﹤0.01% |
25,500
| – | – |
|
|
STV
2474
DELISTED
China Digital Tv Hldgs Co Ltd
STV
| $1.04M | ﹤0.01% |
284,333
-114
| -0% | -$442 |
|
2475
Consumer Portfolio Services
CPSS
$198M
| $1.04M | ﹤0.01% |
166,700
| – | – |
|
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.