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 | 15.93% |
| 2 | Technology | 13.51% |
| 3 | Healthcare | 12.03% |
| 4 | Industrials | 11.52% |
| 5 | Energy | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Ambarella
AMBA
$3.6B
| $1.09M | ﹤0.01% |
35,700
-600
| -2% | -$13.8K |
|
2502
Orion Group Holdings
ORN
$392M
| $1.09M | ﹤0.01% |
90,600
-8,580
| -9% | -$99.7K |
|
|
MBVT
2503
DELISTED
Merchants Bancshares Inc
MBVT
| $1.09M | ﹤0.01% |
32,800
-200
| -0.6% | -$6.14K |
|
|
BLUE
2504
DELISTED
bluebird bio
BLUE
| $1.09M | ﹤0.01% |
+3,939
| New | +$1.1M |
|
2505
BioCryst Pharmaceuticals
BCRX
$2.51B
| $1.09M | ﹤0.01% |
144,500
| – | – |
|
|
NIHD
2506
DELISTED
NII HOLDINGS INC CL B
NIHD
| $1.09M | ﹤0.01% |
418,200
-7,500
| -2% | -$27.6K |
|
2507
Quantum Corp
QMCO
$973M
| $1.09M | ﹤0.01% |
5,498
+117
| +2% | +$23.9K |
|
2508
First Busey Corp
BUSE
$2.58B
| $1.09M | ﹤0.01% |
61,600
-1,206
| -2% | -$20K |
|
|
MGI
2509
DELISTED
MoneyGram International, Inc. New
MGI
| $1.09M | ﹤0.01% |
51,900
-475
| -0.9% | -$9.66K |
|
2510
Silicon Motion
SIMO
$8.45B
| $1.09M | ﹤0.01% |
76,900
| – | – |
|
|
PIKE
2511
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
| $1.08M | ﹤0.01% |
102,600
-940
| -0.9% | -$9.8K |
|
2512
Hooker Furnishings Corp
HOFT
$158M
| $1.08M | ﹤0.01% |
63,100
-500
| -0.8% | -$8.08K |
|
2513
Arbor Realty Trust
ABR
$981M
| $1.08M | ﹤0.01% |
162,500
| – | – |
|
|
MPX
2514
DELISTED
Marine Products Corp
MPX
| $1.08M | ﹤0.01% |
105,800
-501
| -0.5% | -$4.57K |
|
2515
Accuray
ARAY
$32.9M
| $1.07M | ﹤0.01% |
125,177
+63,428
| +103% | +$492K |
|
|
MSB
2516
Mesabi Trust
MSB
$305M
| $1.07M | ﹤0.01% |
48,200
| – | – |
|
|
ALJ
2517
DELISTED
Alon USA Energy Inc
ALJ
| $1.07M | ﹤0.01% |
66,100
-938
| -1% | -$11.9K |
|
2518
Antero Resources
AR
$11.3B
| $1.07M | ﹤0.01% |
+17,500
| New | +$980K |
|
|
MILL
2519
DELISTED
MILLER ENERGY RESOURCES, INC COM STK
MILL
| $1.06M | ﹤0.01% |
154,500
-10,000
| -6% | -$73.9K |
|
|
QRE
2520
DELISTED
QR ENERGY LP UNIT LTD PARTNERSHIP INT (DE)
QRE
| $1.06M | ﹤0.01% |
61,900
-127,100
| -67% | -$2.15M |
|
2521
Mistras Group
MG
$584M
| $1.06M | ﹤0.01% |
50,600
+9,400
| +23% | +$181K |
|
|
SNMP
2522
DELISTED
Evolve Transition Infrastructure LP
SNMP
| $1.06M | ﹤0.01% |
1,441
| – | – |
|
|
FLIC
2523
DELISTED
First of Long Island Corp
FLIC
| $1.06M | ﹤0.01% |
55,350
-675
| -1% | -$12.2K |
|
|
SNAK
2524
DELISTED
Inventure Foods, Inc.
SNAK
| $1.06M | ﹤0.01% |
78,116
+12,436
| +19% | +$147K |
|
2525
IQVIA
IQV
$39.8B
| $1.05M | ﹤0.01% |
22,700
-1,100
| -5% | -$48.2K |
|
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.