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 | |
|---|---|---|---|---|---|---|
|
CDR
2576
DELISTED
Cedar Realty Trust, Inc
CDR
| $982K | ﹤0.01% |
23,500
-679
| -3% | -$25.6K |
|
|
CADX
2577
DELISTED
CADENCE PHARMACEUTICALS, INC COM STK
CADX
| $981K | ﹤0.01% |
107,500
-2,425
| -2% | -$17.5K |
|
2578
TIM SA
TIMB
$8.27B
| $980K | ﹤0.01% |
+38,027
| New | +$961K |
|
2579
Myers Industries
MYE
$1.25B
| $974K | ﹤0.01% |
45,100
-31,478
| -41% | -$612K |
|
|
CGRN
2580
DELISTED
Capstone Green Energy Corporation Common Stock
CGRN
| $973K | ﹤0.01% |
3,990
-70
| -2% | -$17.3K |
|
|
PER
2581
DELISTED
SANDRIDGE PERMIAN TRUST
PER
| $971K | ﹤0.01% |
+82,600
| New | +$1.12M |
|
|
TUMI
2582
DELISTED
TUMI HLDGS INC COM
TUMI
| $970K | ﹤0.01% |
41,700
-3,700
| -8% | -$81.3K |
|
|
CNR
2583
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $968K | ﹤0.01% |
54,880
-9,764
| -15% | -$151K |
|
|
NBBC
2584
DELISTED
NEWBRIDGE BANCORP CLASS A COM STK (NC)
NBBC
| $968K | ﹤0.01% |
127,027
+60,045
| +90% | +$434K |
|
2585
NWPX Infrastructure Inc
NWPX
$1.11B
| $967K | ﹤0.01% |
25,200
+4,618
| +22% | +$168K |
|
2586
Utah Medical Products
UTMD
$230M
| $964K | ﹤0.01% |
16,250
-100
| -0.6% | -$5.49K |
|
2587
Hawkins
HWKN
$2.67B
| $963K | ﹤0.01% |
51,800
-800
| -2% | -$14.6K |
|
|
TUC
2588
DELISTED
MAC-GRAY CORP
TUC
| $962K | ﹤0.01% |
45,300
+8,100
| +22% | +$163K |
|
2589
Ennis
EBF
$559M
| $961K | ﹤0.01% |
53,888
-2,207
| -4% | -$39.3K |
|
|
SIMG
2590
DELISTED
SILICON IMAGE INC
SIMG
| $961K | ﹤0.01% |
158,900
-3,821
| -2% | -$20.6K |
|
|
PAMT
2591
PAMT Corp
PAMT
$285M
| $959K | ﹤0.01% |
184,800
| – | – |
|
2592
Hilltop Holdings
HTH
$2.28B
| $958K | ﹤0.01% |
42,100
+4,684
| +13% | +$95.4K |
|
2593
Towne Bank
TOWN
$3.5B
| $956K | ﹤0.01% |
63,436
-1,115
| -2% | -$16.6K |
|
|
SWS
2594
DELISTED
SWS GROUP INC
SWS
| $956K | ﹤0.01% |
158,600
-1,105
| -0.7% | -$6.51K |
|
|
TRST
2595
Trustco Bank Corp NY
TRST
$971M
| $954K | ﹤0.01% |
25,680
-271
| -1% | -$9.27K |
|
2596
Artivion
AORT
$1.39B
| $949K | ﹤0.01% |
85,500
-1,101
| -1% | -$10.4K |
|
|
MDCI
2597
DELISTED
MEDICAL ACTION INDS INC
MDCI
| $949K | ﹤0.01% |
110,325
+10,800
| +11% | +$77.9K |
|
2598
Flexsteel Industries
FLXS
$303M
| $948K | ﹤0.01% |
30,200
-200
| -0.7% | -$5.42K |
|
|
END
2599
DELISTED
ENDEAVOUR INTERNATIONAL CORP NEW (NV)
END
| $947K | ﹤0.01% |
185,399
+3,410
| +2% | +$18.3K |
|
2600
WIX.com
WIX
$3.35B
| $946K | ﹤0.01% |
+33,210
| New | +$738K |
|
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.