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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$133M |
| 2 |
ExxonMobil
XOM
|
+$42.8M |
| 3 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$39.3M |
| 4 |
Intel
INTC
|
+$17.4M |
| 5 |
News Corp Class A
NWSA
|
+$16.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$64.4M |
| 2 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$48.8M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
+$21.9M |
| 4 |
Leidos
LDOS
|
+$17.8M |
| 5 |
CLVS
Clovis Oncology, Inc.
CLVS
|
+$16.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.49% |
| 2 | Technology | 13.61% |
| 3 | Healthcare | 12.27% |
| 4 | Industrials | 11.39% |
| 5 | Energy | 10.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VTLE
2451
DELISTED
Vital Energy
VTLE
| $905K | ﹤0.01% |
1,525
+775
| +103% | +$379K |
|
|
ARC
2452
DELISTED
ARC Document Solutions, Inc.
ARC
| $900K | ﹤0.01% |
196,138
+33,300
| +20% | +$157K |
|
|
FPP
2453
DELISTED
FieldPoint Petroleum Corporation
FPP
| $899K | ﹤0.01% |
200,740
| – | – |
|
|
RSE
2454
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $899K | ﹤0.01% |
43,685
+4,635
| +12% | +$92.3K |
|
2455
Zumiez
ZUMZ
$315M
| $896K | ﹤0.01% |
32,523
+5,030
| +18% | +$141K |
|
|
ELX
2456
DELISTED
EMULEX CORP
ELX
| $894K | ﹤0.01% |
115,229
| – | – |
|
2457
FormFactor
FORM
$10.1B
| $891K | ﹤0.01% |
129,927
+6,200
| +5% | +$42.2K |
|
2458
Radware
RDWR
$1.23B
| $891K | ﹤0.01% |
63,900
+15,900
| +33% | +$231K |
|
|
SWS
2459
DELISTED
SWS GROUP INC
SWS
| $891K | ﹤0.01% |
159,705
+10,600
| +7% | +$61.1K |
|
|
PERY
2460
DELISTED
Perry Ellis International Inc
PERY
| $885K | ﹤0.01% |
46,974
+6,900
| +17% | +$135K |
|
|
GPT
2461
DELISTED
Gramercy Property Trust
GPT
| $885K | ﹤0.01% |
71,067
+7,225
| +11% | +$95.6K |
|
2462
Apogee Enterprises
APOG
$882M
| $884K | ﹤0.01% |
29,774
+8,900
| +43% | +$246K |
|
2463
First Interstate BancSystem
FIBK
$3.72B
| $884K | ﹤0.01% |
36,594
| – | – |
|
|
NILE
2464
DELISTED
Blue Nile, Inc.
NILE
| $884K | ﹤0.01% |
21,603
+2,000
| +10% | +$77K |
|
|
AWAY
2465
DELISTED
HOMEAWAY INC COM
AWAY
| $882K | ﹤0.01% |
31,500
+17,700
| +128% | +$549K |
|
2466
RH
RH
$3.44B
| $881K | ﹤0.01% |
13,900
+1,300
| +10% | +$89.8K |
|
|
ONE
2467
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $881K | ﹤0.01% |
114,800
+10,200
| +10% | +$93.3K |
|
|
GBNK
2468
DELISTED
Guaranty Bancorp
GBNK
| $879K | ﹤0.01% |
64,240
+5,129
| +9% | +$63.1K |
|
|
LTXB
2469
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $878K | ﹤0.01% |
42,462
+14,900
| +54% | +$312K |
|
2470
Axcelis
ACLS
$4.29B
| $873K | ﹤0.01% |
103,425
-23,875
| -19% | -$194K |
|
|
BGFV
2471
DELISTED
Big 5 Sporting Goods
BGFV
| $873K | ﹤0.01% |
54,299
-32,600
| -38% | -$639K |
|
|
CCRN
2472
DELISTED
Cross Country Healthcare
CCRN
| $873K | ﹤0.01% |
144,014
+10,800
| +8% | +$61.9K |
|
|
LTS
2473
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $873K | ﹤0.01% |
482,200
+37,100
| +8% | +$67.1K |
|
|
UBNK
2474
DELISTED
United Financial Bancorp, Inc.
UBNK
| $872K | ﹤0.01% |
67,053
+9,900
| +17% | +$130K |
|
|
TPGI
2475
DELISTED
THOMAS PROPERTIES GROUP INC
TPGI
| $872K | ﹤0.01% |
129,800
+5,580
| +4% | +$32.3K |
|
Similar funds
California Public Employees Retirement System's Q3 2013 Portfolio in Review
As of Q3 2013, California Public Employees Retirement System held 4,090 positions worth $54B, up 8.3% from $49.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 4.9%. California Public Employees Retirement System opened 93 new positions and exited 108, leaving the 4,090-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,216,182 shares worth $141M.
- California Public Employees Retirement System added most to ExxonMobil in Q3 2013, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q3 2013 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $48.8M.
- California Public Employees Retirement System fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $64.4M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $54B portfolio in Q3 2013.
- California Public Employees Retirement System opened 93 new positions and closed 108 in Q3 2013.
- California Public Employees Retirement System's portfolio value rose 8.3% quarter-over-quarter to $54B.
Based on California Public Employees Retirement System's 13F filing for Q3 2013, filed 12 Nov 2013.