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 | |
|---|---|---|---|---|---|---|
401
Travel + Leisure Co
TNL
$4.7B
| $32.7M | 0.05% |
989,279
+16,274
| +2% | +$498K |
|
402
Newmont
NEM
$119B
| $32.4M | 0.05% |
1,389,326
+63,640
| +5% | +$1.63M |
|
403
Fastenal
FAST
$59.5B
| $32.3M | 0.05% |
2,740,520
-24,680
| -0.9% | -$296K |
|
404
Ryanair
RYAAY
$31.3B
| $32.2M | 0.05% |
+1,663,976
| New | +$32.5M |
|
405
Eastman Chemical
EMN
$8.42B
| $32.1M | 0.05% |
406,956
+3,926
| +1% | +$305K |
|
406
Range Resources
RRC
$8.95B
| $32.1M | 0.05% |
383,549
-12,265
| -3% | -$954K |
|
407
Labcorp
LH
$25.9B
| $32M | 0.05% |
410,678
+121,529
| +42% | +$10.4M |
|
408
Monster Beverage
MNST
$88.5B
| $31.9M | 0.05% |
2,837,346
+689,310
| +32% | +$6.77M |
|
409
SiriusXM
SIRI
$10.1B
| $31.9M | 0.05% |
888,210
+7,890
| +0.9% | +$295K |
|
|
URS
410
DELISTED
URS CORP
URS
| $31.9M | 0.05% |
609,413
+355,029
| +140% | +$18.7M |
|
411
J.M. Smucker
SJM
$12.8B
| $31.8M | 0.05% |
309,086
+6,650
| +2% | +$705K |
|
412
Textron
TXT
$15.4B
| $31.8M | 0.05% |
878,847
+95,862
| +12% | +$2.94M |
|
413
TechnipFMC
FTI
$27.3B
| $31.7M | 0.05% |
815,942
+3,225
| +0.4% | +$125K |
|
|
AMTD
414
DELISTED
TD Ameritrade Holding Corp
AMTD
| $31.7M | 0.05% |
1,048,882
+466,682
| +80% | +$13.3M |
|
415
Herc Holdings
HRI
$5.61B
| $31.6M | 0.05% |
405,300
-10,267
| -2% | -$733K |
|
|
ALTR
416
DELISTED
Altera Corp
ALTR
| $31.5M | 0.05% |
977,404
+170,382
| +21% | +$5.7M |
|
|
ATVI
417
DELISTED
Activision Blizzard
ATVI
| $31.4M | 0.05% |
1,736,049
+438,936
| +34% | +$7.55M |
|
|
PLL
418
DELISTED
PALL CORP
PLL
| $31.4M | 0.05% |
366,767
+55,593
| +18% | +$4.52M |
|
419
WEC Energy
WEC
$35.1B
| $31.2M | 0.05% |
757,308
+99,280
| +15% | +$4.12M |
|
|
ETP
420
DELISTED
Energy Transfer Partners L.p.
ETP
| $31.2M | 0.05% |
575,000
+11,400
| +2% | +$605K |
|
|
CSC
421
DELISTED
Computer Sciences
CSC
| $31.1M | 0.05% |
1,327,553
+193,181
| +17% | +$4.28M |
|
422
Owens Corning
OC
$12.4B
| $31.1M | 0.05% |
772,044
+452,580
| +142% | +$17.2M |
|
|
BEAV
423
DELISTED
B/E Aerospace Inc
BEAV
| $31.1M | 0.05% |
492,614
+66,377
| +16% | +$3.96M |
|
|
HBI
424
DELISTED
Hanesbrands
HBI
| $31M | 0.05% |
1,792,372
+788,632
| +79% | +$13.1M |
|
|
BCR
425
DELISTED
CR Bard Inc.
BCR
| $30.8M | 0.04% |
230,073
+411
| +0.2% | +$54.2K |
|
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.