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 | |
|---|---|---|---|---|---|---|
|
CYN
901
DELISTED
CITY NATIONAL CORPORATION
CYN
| $8.72M | 0.02% |
130,873
+380
| +0.3% | +$25.7K |
|
902
White Mountains Insurance
WTM
$5.08B
| $8.72M | 0.02% |
15,368
+78
| +0.5% | +$45.3K |
|
903
Teledyne Technologies
TDY
$32.2B
| $8.72M | 0.02% |
102,694
+956
| +0.9% | +$77.6K |
|
904
American Eagle Outfitters
AEO
$3.05B
| $8.72M | 0.02% |
623,328
+48,181
| +8% | +$808K |
|
|
AXE
905
DELISTED
Anixter International Inc
AXE
| $8.71M | 0.02% |
99,324
+10,600
| +12% | +$889K |
|
906
Ionis Pharmaceuticals
IONS
$9.52B
| $8.71M | 0.02% |
231,894
+43,100
| +23% | +$1.29M |
|
907
Cadence Design Systems
CDNS
$93.3B
| $8.69M | 0.02% |
643,880
+6,613
| +1% | +$94.9K |
|
|
LHO
908
DELISTED
LaSalle Hotel Properties
LHO
| $8.66M | 0.02% |
303,677
+24,971
| +9% | +$677K |
|
|
SLH
909
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $8.64M | 0.02% |
163,398
+1,869
| +1% | +$102K |
|
|
CVG
910
DELISTED
Convergys
CVG
| $8.63M | 0.02% |
460,379
+39,900
| +9% | +$747K |
|
|
OA
911
DELISTED
Orbital ATK, Inc.
OA
| $8.58M | 0.02% |
87,974
+7,900
| +10% | +$749K |
|
912
Kilroy Realty
KRC
$4.32B
| $8.56M | 0.02% |
171,466
+1,734
| +1% | +$89.4K |
|
913
Southwest Gas
SWX
$6.57B
| $8.56M | 0.02% |
171,275
+22,000
| +15% | +$1.07M |
|
914
Gentex
GNTX
$5.02B
| $8.55M | 0.02% |
668,530
+6,834
| +1% | +$81.1K |
|
915
FirstCash
FCFS
$9.07B
| $8.53M | 0.02% |
147,113
+12,400
| +9% | +$673K |
|
916
AutoNation
AN
$6.89B
| $8.52M | 0.02% |
163,392
-6,970
| -4% | -$336K |
|
917
PTC
PTC
$16.6B
| $8.51M | 0.02% |
299,190
+3,512
| +1% | +$95.5K |
|
918
Genpact
G
$5.78B
| $8.5M | 0.02% |
450,139
-168
| -0% | -$3.35K |
|
919
Dillards
DDS
$9.83B
| $8.5M | 0.02% |
108,511
-2
| -0% | -$162 |
|
920
Alkermes
ALKS
$8.24B
| $8.46M | 0.02% |
251,494
-18,712
| -7% | -$609K |
|
|
SIX
921
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.43M | 0.02% |
249,600
-16,826
| -6% | -$595K |
|
|
ASNA
922
DELISTED
Ascena Retail Group, Inc.
ASNA
| $8.42M | 0.02% |
21,126
+678
| +3% | +$241K |
|
923
W.P. Carey
WPC
$16B
| $8.4M | 0.02% |
132,526
-7,211
| -5% | -$475K |
|
924
Carpenter Technology
CRS
$28B
| $8.38M | 0.02% |
144,150
+12,242
| +9% | +$653K |
|
|
LEAP
925
DELISTED
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
| $8.37M | 0.02% |
529,815
-25,100
| -5% | -$374K |
|
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.