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 | |
|---|---|---|---|---|---|---|
|
CYT
801
DELISTED
CYTEC INDS INC
CYT
| $13.1M | 0.02% |
284,046
+29,254
| +11% | +$1.27M |
|
802
Lazard
LAZ
$4.31B
| $13M | 0.02% |
288,900
+7,355
| +3% | +$298K |
|
803
Commerce Bancshares
CBSH
$8.5B
| $13M | 0.02% |
516,831
+5,601
| +1% | +$137K |
|
|
WCG
804
DELISTED
Wellcare Health Plans, Inc.
WCG
| $12.9M | 0.02% |
188,836
+10,401
| +6% | +$726K |
|
805
AptarGroup
ATR
$8.61B
| $12.9M | 0.02% |
193,480
-2,213
| -1% | -$141K |
|
|
ODP
806
DELISTED
ODP
ODP
| $12.9M | 0.02% |
243,320
+36,946
| +18% | +$1.96M |
|
807
UGI
UGI
$7.33B
| $12.9M | 0.02% |
468,854
+450
| +0.1% | +$12.1K |
|
|
HCBK
808
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $12.9M | 0.02% |
1,378,393
-401,648
| -23% | -$3.68M |
|
|
BWLD
809
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $12.9M | 0.02% |
88,487
+5,872
| +7% | +$808K |
|
810
Hexcel
HXL
$7.82B
| $12.9M | 0.02% |
288,018
+27,519
| +11% | +$1.16M |
|
811
Patterson-UTI
PTEN
$3.76B
| $12.9M | 0.02% |
501,817
+41,818
| +9% | +$1M |
|
812
Signet Jewelers
SIG
$3.76B
| $12.8M | 0.02% |
163,601
-32,060
| -16% | -$2.42M |
|
|
SUNE
813
DELISTED
SUNEDISON, INC COM
SUNE
| $12.8M | 0.02% |
976,739
-67,400
| -6% | -$760K |
|
|
SVU
814
DELISTED
SUPERVALU Inc.
SVU
| $12.8M | 0.02% |
260,071
-68,700
| -21% | -$3.39M |
|
815
Sally Beauty Holdings
SBH
$1.58B
| $12.7M | 0.02% |
423,100
+11,351
| +3% | +$311K |
|
816
First Horizon
FHN
$12.1B
| $12.7M | 0.02% |
1,094,939
+67,178
| +7% | +$751K |
|
817
Wendy's
WEN
$1.46B
| $12.7M | 0.02% |
1,431,979
-37,530
| -3% | -$322K |
|
|
SINA
818
DELISTED
Sina Corp
SINA
| $12.7M | 0.02% |
160,585
+1,085
| +0.7% | +$88.7K |
|
|
ITC
819
DELISTED
ITC HOLDINGS CORP
ITC
| $12.7M | 0.02% |
400,950
+29,076
| +8% | +$928K |
|
|
RAX
820
DELISTED
Rackspace Hosting Inc
RAX
| $12.7M | 0.02% |
329,712
+26,757
| +9% | +$1.16M |
|
|
BMS
821
DELISTED
Bemis
BMS
| $12.7M | 0.02% |
311,640
-21,583
| -6% | -$848K |
|
822
Oil States International
OIS
$491M
| $12.6M | 0.02% |
218,750
+3,328
| +2% | +$200K |
|
823
Dillards
DDS
$9.56B
| $12.6M | 0.02% |
132,200
+23,689
| +22% | +$2.05M |
|
824
Tyler Technologies
TYL
$12.8B
| $12.6M | 0.02% |
121,318
+17,000
| +16% | +$1.65M |
|
|
STR
825
DELISTED
QUESTAR CORP
STR
| $12.6M | 0.02% |
553,125
+35,600
| +7% | +$817K |
|
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.