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 | |
|---|---|---|---|---|---|---|
|
ACC
926
DELISTED
American Campus Communities, Inc.
ACC
| $8.35M | 0.02% |
244,413
+2,330
| +1% | +$87K |
|
|
AHD
927
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $8.35M | 0.02% |
152,800
+15,022
| +11% | +$821K |
|
|
SUNE
928
DELISTED
SUNEDISON, INC COM
SUNE
| $8.32M | 0.02% |
1,044,139
-92,400
| -8% | -$766K |
|
929
Omega Healthcare
OHI
$14.3B
| $8.32M | 0.02% |
278,457
-14,842
| -5% | -$452K |
|
|
VRE
930
DELISTED
Veris Residential
VRE
| $8.31M | 0.02% |
378,878
+1,925
| +0.5% | +$43.9K |
|
931
Charles River Laboratories
CRL
$13B
| $8.31M | 0.02% |
179,585
+15,600
| +10% | +$716K |
|
|
MOLXA
932
DELISTED
MOLEX INC CL-A
MOLXA
| $8.28M | 0.02% |
216,300
+4,372
| +2% | +$167K |
|
|
DNKN
933
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.26M | 0.02% |
182,594
-2,558
| -1% | -$112K |
|
|
ATW
934
DELISTED
Atwood Oceanics
ATW
| $8.2M | 0.02% |
148,914
+1,302
| +0.9% | +$73.3K |
|
|
LVNTA
935
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $8.17M | 0.02% |
377,289
+10,106
| +3% | +$217K |
|
936
Enviri
NVRI
$618M
| $8.17M | 0.02% |
328,054
+34,400
| +12% | +$857K |
|
937
Toro Company
TTC
$9.37B
| $8.15M | 0.02% |
299,940
+4,472
| +2% | +$114K |
|
|
FEIC
938
DELISTED
FEI COMPANY
FEIC
| $8.13M | 0.02% |
92,602
+15,100
| +19% | +$1.2M |
|
|
VPHM
939
DELISTED
VIROPHARMA INC
VPHM
| $8.13M | 0.02% |
206,864
+21,300
| +11% | +$696K |
|
|
LPS
940
DELISTED
LENDER PROCESSING SERVICES INC
LPS
| $8.13M | 0.02% |
244,367
+33,500
| +16% | +$1.09M |
|
|
ATML
941
DELISTED
ATMEL CORP
ATML
| $8.12M | 0.02% |
1,091,857
-57,294
| -5% | -$436K |
|
942
Aecom
ACM
$9.54B
| $8.11M | 0.02% |
259,265
+2
| +0% | +$63 |
|
943
Stratasys
SSYS
$762M
| $8.05M | 0.01% |
79,527
+19,500
| +32% | +$1.89M |
|
944
Celldex Therapeutics
CLDX
$3.34B
| $8.05M | 0.01% |
15,148
+2,124
| +16% | +$728K |
|
|
CKH
945
DELISTED
Seacor Holdings Inc.
CKH
| $8.05M | 0.01% |
92,024
+10,547
| +13% | +$885K |
|
946
Fulton Financial
FULT
$4.59B
| $8.04M | 0.01% |
688,158
+76,200
| +12% | +$930K |
|
947
Generac Holdings
GNRC
$12.4B
| $8.01M | 0.01% |
187,900
+24,300
| +15% | +$1.01M |
|
948
NNN REIT
NNN
$8.82B
| $8M | 0.01% |
251,518
+3,053
| +1% | +$102K |
|
949
GATX Corp
GATX
$6.23B
| $7.99M | 0.01% |
168,066
+16,200
| +11% | +$748K |
|
|
ZLC
950
DELISTED
ZALE CORPORATION
ZLC
| $7.97M | 0.01% |
524,170
+18,500
| +4% | +$202K |
|
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.