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 | |
|---|---|---|---|---|---|---|
|
CHA
2276
DELISTED
China Telecom Corporation, LTD
CHA
| $1.56M | ﹤0.01% |
+31,266
| New | +$1.62M |
|
2277
Interparfums
IPAR
$3.67B
| $1.56M | ﹤0.01% |
42,900
-245
| -0.6% | -$8.42K |
|
2278
UFP Technologies
UFPT
$2.49B
| $1.55M | ﹤0.01% |
59,858
+24,558
| +70% | +$594K |
|
|
NTP
2279
DELISTED
Nam Tai Property Inc.
NTP
| $1.55M | ﹤0.01% |
+222,500
| New | +$1.68M |
|
|
TGH
2280
DELISTED
Textainer Group Holdings limited
TGH
| $1.54M | ﹤0.01% |
38,400
-430
| -1% | -$16.5K |
|
2281
Emergent Biosolutions
EBS
$235M
| $1.54M | ﹤0.01% |
65,200
-1,160
| -2% | -$24.2K |
|
|
PGNX
2282
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $1.54M | ﹤0.01% |
271,062
+48,547
| +22% | +$214K |
|
|
TLP
2283
DELISTED
Transmontaigne
TLP
| $1.54M | ﹤0.01% |
36,200
+1,280
| +4% | +$53.4K |
|
|
XOXO
2284
DELISTED
Xo Group Inc
XOXO
| $1.54M | ﹤0.01% |
103,104
-18,675
| -15% | -$264K |
|
2285
Shutterstock
SSTK
$210M
| $1.53M | ﹤0.01% |
18,318
+13,918
| +316% | +$1.03M |
|
|
ARRY
2286
DELISTED
Array Biopharma Inc
ARRY
| $1.53M | ﹤0.01% |
325,500
-5,160
| -2% | -$28.1K |
|
|
ACCL
2287
DELISTED
Accelrys Inc
ACCL
| $1.53M | ﹤0.01% |
158,500
-2,622
| -2% | -$24.6K |
|
|
CFNL
2288
DELISTED
Cardinal Financial Corp
CFNL
| $1.53M | ﹤0.01% |
83,200
+680
| +0.8% | +$11.6K |
|
2289
Enterprise Financial Services Corp
EFSC
$2.4B
| $1.53M | ﹤0.01% |
74,600
-736
| -1% | -$13.6K |
|
|
PSUN
2290
DELISTED
PACIFIC SUNWEAR OF CAL. INC
PSUN
| $1.53M | ﹤0.01% |
455,700
-2,000
| -0.4% | -$5.85K |
|
2291
STMicroelectronics
STM
$48.5B
| $1.53M | ﹤0.01% |
+190,998
| New | +$1.53M |
|
2292
Standard BioTools
LAB
$280M
| $1.52M | ﹤0.01% |
39,212
+38,112
| +3,465% | +$1.12M |
|
2293
Primoris Services
PRIM
$4.48B
| $1.52M | ﹤0.01% |
49,515
+28,315
| +134% | +$776K |
|
2294
US Physical Therapy
USPH
$1.21B
| $1.52M | ﹤0.01% |
43,300
-600
| -1% | -$19.6K |
|
|
SHLO
2295
DELISTED
Shiloh Industries Inc
SHLO
| $1.52M | ﹤0.01% |
76,496
+31,600
| +70% | +$576K |
|
|
EXAM
2296
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.52M | ﹤0.01% |
50,315
+12,815
| +34% | +$356K |
|
|
ISS
2297
DELISTED
ISOFTSTONE HLDGS LTD ADS EACH REPSTG 10 ORD SHS (CYM)
ISS
| $1.52M | ﹤0.01% |
299,500
| – | – |
|
|
TVTY
2298
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $1.52M | ﹤0.01% |
99,520
+32,094
| +48% | +$456K |
|
2299
Comfort Systems
FIX
$62.4B
| $1.51M | ﹤0.01% |
77,300
+10,404
| +16% | +$197K |
|
|
AVH
2300
DELISTED
AVIANCA HOLDINGS S.A.
AVH
| $1.51M | ﹤0.01% |
+100,000
| New | +$1.47M |
|
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.