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 | 15.33% |
| 2 | Technology | 13.26% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.23% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPDC
2776
DELISTED
SPEED COMMERCE, INC COM STK
SPDC
| $502K | ﹤0.01% |
153,140
| – | – |
|
|
CITZ
2777
DELISTED
CFS BANCORP INC
CITZ
| $502K | ﹤0.01% |
45,292
| – | – |
|
2778
Global Ship Lease
GSL
$1.49B
| $497K | ﹤0.01% |
12,000
| – | – |
|
2779
Ubiquiti
UI
$35.3B
| $497K | ﹤0.01% |
14,800
+14,400
| +3,600% | +$386K |
|
|
VWTR
2780
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $496K | ﹤0.01% |
22,916
+6,800
| +42% | +$150K |
|
|
BNNY
2781
DELISTED
ANNIES INC COMMON STOCK (DE)
BNNY
| $496K | ﹤0.01% |
10,100
+6,000
| +146% | +$269K |
|
|
TWER
2782
DELISTED
Towerstream Corporation Common Stock
TWER
| $494K | ﹤0.01% |
8,630
+1,090
| +14% | +$58K |
|
2783
FuelCell Energy
FCEL
$1.63B
| $492K | ﹤0.01% |
88
+13
| +17% | +$70.7K |
|
2784
McEwen Inc
MUX
$1.14B
| $492K | ﹤0.01% |
20,510
+8,071
| +65% | +$183K |
|
2785
Citizens & Northern Corp
CZNC
$466M
| $491K | ﹤0.01% |
24,630
+4,400
| +22% | +$88.4K |
|
2786
Johnson Outdoors
JOUT
$512M
| $491K | ﹤0.01% |
18,300
+2,200
| +14% | +$57K |
|
|
GLUU
2787
DELISTED
Glu Mobile Inc.
GLUU
| $491K | ﹤0.01% |
176,100
+18,800
| +12% | +$46.8K |
|
2788
Centrus Energy
LEU
$3.83B
| $490K | ﹤0.01% |
4,236
+828
| +24% | +$117K |
|
2789
Marcus Corp
MCS
$929M
| $490K | ﹤0.01% |
33,756
+4,400
| +15% | +$57.7K |
|
|
STRI
2790
DELISTED
STR HLDGS INC COM STK NEW (DE)
STRI
| $490K | ﹤0.01% |
73,267
-12,766
| -15% | -$82.5K |
|
2791
AtriCure
ATRC
$2.21B
| $489K | ﹤0.01% |
44,500
+5,132
| +13% | +$50.6K |
|
2792
Stock Yards Bancorp
SYBT
$2.64B
| $489K | ﹤0.01% |
25,868
| – | – |
|
|
SLTM
2793
DELISTED
SOLTA MED INC (DE)
SLTM
| $489K | ﹤0.01% |
234,874
| – | – |
|
2794
Tootsie Roll Industries
TR
$3.02B
| $488K | ﹤0.01% |
23,251
+12,482
| +116% | +$277K |
|
|
NBBC
2795
DELISTED
NEWBRIDGE BANCORP CLASS A COM STK (NC)
NBBC
| $488K | ﹤0.01% |
66,982
+1,100
| +2% | +$8.29K |
|
2796
Heritage Financial
HFWA
$1.23B
| $487K | ﹤0.01% |
31,400
+5,500
| +21% | +$86.3K |
|
|
EMKR
2797
DELISTED
Emcore Corp
EMKR
| $482K | ﹤0.01% |
10,727
| – | – |
|
2798
Paramount Gold Nevada
PZG
$127M
| $481K | ﹤0.01% |
373,200
+46,100
| +14% | +$63.8K |
|
|
MEA
2799
DELISTED
METALICO INC
MEA
| $481K | ﹤0.01% |
343,260
| – | – |
|
2800
Beazer Homes USA
BZH
$874M
| $479K | ﹤0.01% |
26,618
-4,180
| -14% | -$73.5K |
|
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.