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 | |
|---|---|---|---|---|---|---|
451
Trip.com Group
TCOM
$29.1B
| $22M | 0.04% |
752,600
-990
| -0.1% | -$21.3K |
|
|
RAD
452
DELISTED
Rite Aid Corporation
RAD
| $22M | 0.04% |
230,779
-24,750
| -10% | -$1.69M |
|
453
Huntington Bancshares
HBAN
$35.5B
| $21.9M | 0.04% |
2,657,260
+39,158
| +1% | +$331K |
|
|
TRW
454
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $21.9M | 0.04% |
307,448
-2,298
| -0.7% | -$162K |
|
|
CFN
455
DELISTED
CAREFUSION CORPORATION
CFN
| $21.9M | 0.04% |
594,001
+1,937
| +0.3% | +$72.3K |
|
456
Microchip Technology
MCHP
$46B
| $21.8M | 0.04% |
1,080,902
+42,836
| +4% | +$848K |
|
457
Tenet Healthcare
THC
$21.1B
| $21.8M | 0.04% |
528,425
-27,256
| -5% | -$1.14M |
|
|
SNI
458
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $21.8M | 0.04% |
278,622
+103
| +0% | +$7.6K |
|
459
ManpowerGroup
MAN
$2.63B
| $21.7M | 0.04% |
298,750
-8,680
| -3% | -$581K |
|
|
WLL
460
DELISTED
Whiting Petroleum Corporation
WLL
| $21.7M | 0.04% |
1,208
+13
| +1% | +$201K |
|
|
CMA
461
DELISTED
Comerica
CMA
| $21.6M | 0.04% |
550,080
-16,980
| -3% | -$705K |
|
|
ATVI
462
DELISTED
Activision Blizzard
ATVI
| $21.6M | 0.04% |
1,297,113
+13,972
| +1% | +$231K |
|
463
Textron
TXT
$15.4B
| $21.6M | 0.04% |
782,985
+9,430
| +1% | +$263K |
|
464
Cintas
CTAS
$81.3B
| $21.5M | 0.04% |
1,678,008
+18,568
| +1% | +$225K |
|
465
McCormick & Company Non-Voting
MKC
$14.2B
| $21.4M | 0.04% |
662,470
+9,228
| +1% | +$324K |
|
466
TripAdvisor
TRIP
$1.26B
| $21.4M | 0.04% |
282,502
+1,504
| +0.5% | +$107K |
|
|
VAR
467
DELISTED
Varian Medical Systems, Inc.
VAR
| $21.3M | 0.04% |
324,584
+4,724
| +1% | +$299K |
|
468
Trimble
TRMB
$13.9B
| $21.3M | 0.04% |
715,352
+7,516
| +1% | +$206K |
|
469
PVH
PVH
$4.04B
| $21.2M | 0.04% |
178,500
-4,493
| -2% | -$576K |
|
|
OKS
470
DELISTED
Oneok Partners LP
OKS
| $21.1M | 0.04% |
398,600
+4,408
| +1% | +$224K |
|
471
Steel Dynamics
STLD
$37.6B
| $21M | 0.04% |
1,259,622
+813
| +0.1% | +$12.9K |
|
472
Equinix
EQIX
$103B
| $21M | 0.04% |
114,466
+1,072
| +0.9% | +$194K |
|
|
ANSS
473
DELISTED
Ansys
ANSS
| $21M | 0.04% |
242,417
+3,136
| +1% | +$262K |
|
474
Mohawk Industries
MHK
$9.22B
| $20.9M | 0.04% |
160,700
-544
| -0.3% | -$66.3K |
|
|
RHT
475
DELISTED
Red Hat Inc
RHT
| $20.8M | 0.04% |
451,800
+5,117
| +1% | +$260K |
|
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.