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 |
Apple
AAPL
|
+$191M |
| 2 |
ExxonMobil
XOM
|
+$166M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$143M |
| 4 |
Microsoft
MSFT
|
+$139M |
| 5 |
Wells Fargo
WFC
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
+$45.3M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$32.5M |
| 4 |
NYX
NYSE EURONEXT INC
NYX
|
+$31.4M |
| 5 |
Perrigo
PRGO
|
+$28.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.09% |
| 2 | Technology | 13.86% |
| 3 | Healthcare | 12.39% |
| 4 | Industrials | 11.68% |
| 5 | Energy | 10.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GBNK
2601
DELISTED
Guaranty Bancorp
GBNK
| $945K | ﹤0.01% |
64,800
+560
| +0.9% | +$7.8K |
|
2602
Cerus
CERS
$592M
| $944K | ﹤0.01% |
149,100
-3,800
| -2% | -$23.9K |
|
2603
Rocky Brands
RCKY
$356M
| $944K | ﹤0.01% |
66,597
| – | – |
|
|
MCGC
2604
DELISTED
MCG CAP CORP
MCGC
| $944K | ﹤0.01% |
213,010
+209,803
| +6,542% | +$1M |
|
|
ZIGO
2605
DELISTED
ZYGO CORP
ZIGO
| $943K | ﹤0.01% |
64,200
-773
| -1% | -$11.8K |
|
2606
Univest Financial
UVSP
$1.19B
| $942K | ﹤0.01% |
44,500
-789
| -2% | -$15.7K |
|
|
DTSI
2607
DELISTED
DTS, Inc.
DTSI
| $942K | ﹤0.01% |
39,100
-914
| -2% | -$19.6K |
|
|
BBQ
2608
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $941K | ﹤0.01% |
48,622
| – | – |
|
|
PERY
2609
DELISTED
Perry Ellis International Inc
PERY
| $940K | ﹤0.01% |
58,800
+11,826
| +25% | +$200K |
|
|
BNCN
2610
DELISTED
BNC Bancorp
BNCN
| $940K | ﹤0.01% |
54,520
-800
| -1% | -$11.2K |
|
|
BGFV
2611
DELISTED
Big 5 Sporting Goods
BGFV
| $939K | ﹤0.01% |
50,200
-4,099
| -8% | -$72.5K |
|
|
CBPO
2612
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $939K | ﹤0.01% |
32,500
| – | – |
|
|
DNDN
2613
DELISTED
DENDREON CORPORATION
DNDN
| $939K | ﹤0.01% |
286,400
-7,400
| -3% | -$20.8K |
|
|
STCN
2614
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $937K | ﹤0.01% |
17,252
+1,283
| +8% | +$47.8K |
|
|
OPLK
2615
DELISTED
OPLINK COMMUNICATIONS INC
OPLK
| $932K | ﹤0.01% |
50,819
-265
| -0.5% | -$4.64K |
|
|
SAAS
2616
DELISTED
inContact, Inc.
SAAS
| $931K | ﹤0.01% |
116,900
+200
| +0.2% | +$1.52K |
|
|
POZN
2617
DELISTED
POZEN INC
POZN
| $930K | ﹤0.01% |
96,200
-1,298
| -1% | -$9.25K |
|
2618
MYR Group
MYRG
$5.23B
| $929K | ﹤0.01% |
36,629
+10,929
| +43% | +$274K |
|
2619
Neurocrine Biosciences
NBIX
$15.4B
| $928K | ﹤0.01% |
98,600
-155
| -0.2% | -$1.51K |
|
|
LDR
2620
DELISTED
Landauer Inc
LDR
| $926K | ﹤0.01% |
17,700
-401
| -2% | -$20.2K |
|
|
RSE
2621
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $924K | ﹤0.01% |
42,385
-1,300
| -3% | -$27.7K |
|
2622
Culp Inc
CULP
$43.8M
| $923K | ﹤0.01% |
45,200
-300
| -0.7% | -$5.84K |
|
2623
Gerdau
GGB
$9.24B
| $917K | ﹤0.01% |
+146,454
| New | +$914K |
|
|
YDKN
2624
DELISTED
Yadkin Financial Corporation
YDKN
| $917K | ﹤0.01% |
48,805
-600
| -1% | -$10.2K |
|
2625
Terreno Realty
TRNO
$7.48B
| $916K | ﹤0.01% |
51,500
-800
| -2% | -$14.1K |
|
Similar funds
California Public Employees Retirement System's Q4 2013 Portfolio in Review
As of Q4 2013, California Public Employees Retirement System held 4,184 positions worth $69B, up 28% from $54B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System deployed $9.68B of net new capital in Q4 2013, opening 203 new positions and adding to 1,884 existing holdings. Its largest new stake was Vodafone: 1,609,157 shares worth $64.1M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Melco Resorts & Entertainment, an estimated $45.3M trimmed.
- California Public Employees Retirement System's largest Q4 2013 buy was Vodafone: 1,609,157 shares worth $64.1M.
- California Public Employees Retirement System added most to Apple in Q4 2013, an estimated $191M increase.
- California Public Employees Retirement System's biggest Q4 2013 reduction was Melco Resorts & Entertainment, cutting an estimated $45.3M.
- California Public Employees Retirement System fully exited DELL INC in Q4 2013, selling an estimated $68M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $69B portfolio in Q4 2013.
- California Public Employees Retirement System opened 203 new positions and closed 206 in Q4 2013.
- California Public Employees Retirement System's portfolio value rose 28% quarter-over-quarter to $69B.
Based on California Public Employees Retirement System's 13F filing for Q4 2013, filed 11 Feb 2014.