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 | |
|---|---|---|---|---|---|---|
|
GLUU
2551
DELISTED
Glu Mobile Inc.
GLUU
| $1.02M | ﹤0.01% |
270,601
+94,501
| +54% | +$321K |
|
|
AUTO
2552
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $1.02M | ﹤0.01% |
66,080
| – | – |
|
2553
VirnetX Holding Corp
VHC
$64.8M
| $1.01M | ﹤0.01% |
2,645
-90
| -3% | -$35.8K |
|
|
DWSN
2554
DELISTED
DAWSON GEOPHYSICAL CO
DWSN
| $1.01M | ﹤0.01% |
30,120
-4,958
| -14% | -$155K |
|
|
RPXC
2555
DELISTED
RPX Corporation
RPXC
| $1.01M | ﹤0.01% |
59,900
-1,400
| -2% | -$23.8K |
|
2556
Immersion
IMMR
$248M
| $1.01M | ﹤0.01% |
93,900
-1,520
| -2% | -$18.6K |
|
|
XXIA
2557
DELISTED
Ixia
XXIA
| $1.01M | ﹤0.01% |
76,800
-2,403
| -3% | -$33.4K |
|
2558
Allison Transmission
ALSN
$10.2B
| $1.01M | ﹤0.01% |
36,800
-1,500
| -4% | -$38.8K |
|
|
LDK
2559
DELISTED
LDK SOLAR CO LTD.
LDK
| $1.01M | ﹤0.01% |
719,600
-85,400
| -11% | -$129K |
|
2560
Forum Energy Technologies
FET
$927M
| $1M | ﹤0.01% |
1,800
-250
| -12% | -$142K |
|
2561
Urban One Class D
UONEK
$24.1M
| $1M | ﹤0.01% |
28,465
| – | – |
|
2562
Northrim BanCorp
NRIM
$601M
| $1M | ﹤0.01% |
152,672
-800
| -0.5% | -$5.01K |
|
2563
S&T Bancorp
STBA
$1.82B
| $1M | ﹤0.01% |
39,500
-1,588
| -4% | -$39.2K |
|
2564
Healthcare Realty
HR
$6.58B
| $1M | ﹤0.01% |
50,555
+48,155
| +2,006% | +$1.02M |
|
2565
OraSure Technologies
OSUR
$277M
| $1M | ﹤0.01% |
167,200
-2,343
| -1% | -$14.7K |
|
2566
Agree Realty
ADC
$9.34B
| $1M | ﹤0.01% |
34,800
-662
| -2% | -$19.9K |
|
2567
Agilysys
AGYS
$3.25B
| $1M | ﹤0.01% |
71,700
-6,463
| -8% | -$79.3K |
|
|
XONE
2568
DELISTED
The ExOne Company
XONE
| $999K | ﹤0.01% |
16,435
+16,235
| +8,118% | +$879K |
|
2569
PetMed Express
PETS
$43.4M
| $998K | ﹤0.01% |
60,000
+7,806
| +15% | +$122K |
|
|
DFRG
2570
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $996K | ﹤0.01% |
43,208
+42,708
| +8,542% | +$856K |
|
|
NXTM
2571
DELISTED
NxStage Medical Inc.
NXTM
| $990K | ﹤0.01% |
99,900
+136
| +0.1% | +$1.54K |
|
|
TSYS
2572
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| $990K | ﹤0.01% |
432,100
+32,900
| +8% | +$77K |
|
|
SMA
2573
DELISTED
SYMMETRY MEDICAL INC
SMA
| $989K | ﹤0.01% |
102,934
+8,069
| +9% | +$70.2K |
|
2574
National Healthcare
NHC
$3.44B
| $988K | ﹤0.01% |
17,800
+2,794
| +19% | +$143K |
|
|
NUTR
2575
DELISTED
Nutraceutical International Co
NUTR
| $984K | ﹤0.01% |
36,300
-300
| -0.8% | -$7.45K |
|
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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.