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 | |
|---|---|---|---|---|---|---|
2526
Energy Recovery
ERII
$399M
| $1.05M | ﹤0.01% |
189,500
-102,440
| -35% | -$576K |
|
2527
Monarch Casino & Resort
MCRI
$2.2B
| $1.05M | ﹤0.01% |
52,400
-26,106
| -33% | -$490K |
|
2528
America's Car Mart
CRMT
$25.7M
| $1.05M | ﹤0.01% |
25,100
-410
| -2% | -$17.7K |
|
2529
IDT Corp
IDT
$1.67B
| $1.04M | ﹤0.01% |
82,130
-12,036
| -13% | -$170K |
|
2530
Marcus Corp
MCS
$929M
| $1.04M | ﹤0.01% |
79,000
+45,244
| +134% | +$638K |
|
|
LBY
2531
DELISTED
Libbey, Inc.
LBY
| $1.04M | ﹤0.01% |
49,100
-100
| -0.2% | -$2.2K |
|
|
FURX
2532
DELISTED
FURIEX PHARMACEUTICALS INC COM STK (DE)
FURX
| $1.04M | ﹤0.01% |
25,200
-360
| -1% | -$14.8K |
|
|
PSEM
2533
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $1.04M | ﹤0.01% |
114,400
-39,809
| -26% | -$338K |
|
|
SLAI
2534
DELISTED
SOLAI Ltd ADS
SLAI
| $1.04M | ﹤0.01% |
+429
| New | +$799K |
|
|
UHT
2535
Universal Health Realty Income Trust
UHT
$573M
| $1.04M | ﹤0.01% |
25,655
-368
| -1% | -$15.6K |
|
|
UMH
2536
UMH Properties
UMH
$1.42B
| $1.03M | ﹤0.01% |
110,736
-700
| -0.6% | -$6.82K |
|
|
SKH
2537
DELISTED
SKILLED HEALTHCARE GROUP, INC. CLASS A COM STK
SKH
| $1.03M | ﹤0.01% |
210,530
-997
| -0.5% | -$4.64K |
|
|
FRNK
2538
DELISTED
FRANKLIN FINL CORP VA COM STK (VA)
FRNK
| $1.03M | ﹤0.01% |
51,000
-600
| -1% | -$11.6K |
|
2539
Miller Industries
MLR
$640M
| $1.03M | ﹤0.01% |
54,749
+20,749
| +61% | +$373K |
|
2540
Digi International
DGII
$3.23B
| $1.03M | ﹤0.01% |
83,940
+66,283
| +375% | +$713K |
|
2541
Kratos Defense & Security Solutions
KTOS
$11.8B
| $1.03M | ﹤0.01% |
146,112
+72,266
| +98% | +$545K |
|
|
CSII
2542
DELISTED
Cardiovascular Systems, Inc.
CSII
| $1.02M | ﹤0.01% |
31,050
+10,250
| +49% | +$298K |
|
|
LION
2543
DELISTED
Fidelity Southern Corporation
LION
| $1.02M | ﹤0.01% |
60,782
+10,872
| +22% | +$172K |
|
|
RPRX
2544
DELISTED
Repros Therapeutics Inc.
RPRX
| $1.02M | ﹤0.01% |
54,000
-700
| -1% | -$13.2K |
|
|
PFPT
2545
DELISTED
Proofpoint, Inc.
PFPT
| $1.02M | ﹤0.01% |
32,639
+23,889
| +273% | +$719K |
|
|
AE
2546
DELISTED
Adams Resources & Energy Inc
AE
| $1.02M | ﹤0.01% |
14,900
-100
| -0.7% | -$5.63K |
|
|
HWCC
2547
DELISTED
Houston Wire & Cable Company
HWCC
| $1.02M | ﹤0.01% |
75,600
-1,089
| -1% | -$14.7K |
|
|
SCNB
2548
DELISTED
Suffolk Bancorp
SCNB
| $1.02M | ﹤0.01% |
49,500
-7,058
| -12% | -$137K |
|
|
IIP
2549
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $1.02M | ﹤0.01% |
138,226
+20,399
| +17% | +$150K |
|
2550
Cheniere Energy
CQP
$32.6B
| $1.02M | ﹤0.01% |
33,900
+3,100
| +10% | +$90K |
|
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.