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 | |
|---|---|---|---|---|---|---|
951
RLI Corp
RLI
$5.79B
| $7.95M | 0.01% |
363,852
+34,000
| +10% | +$697K |
|
|
SYA
952
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $7.92M | 0.01% |
444,300
+48,700
| +12% | +$868K |
|
|
CPWR
953
DELISTED
COMPUWARE CORP
CPWR
| $7.92M | 0.01% |
735,853
+79,637
| +12% | +$838K |
|
954
New York Times
NYT
$10.4B
| $7.92M | 0.01% |
629,703
+41,600
| +7% | +$493K |
|
955
First American
FAF
$7.39B
| $7.89M | 0.01% |
323,884
+42,600
| +15% | +$950K |
|
|
PPO
956
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $7.89M | 0.01% |
192,482
+108,500
| +129% | +$4.63M |
|
|
AIRM
957
DELISTED
Air Methods Corp
AIRM
| $7.87M | 0.01% |
184,682
+13,900
| +8% | +$534K |
|
|
HIMX
958
Himax Technologies
HIMX
$2.6B
| $7.86M | 0.01% |
786,300
-57,200
| -7% | -$407K |
|
959
Dolby
DLB
$5.83B
| $7.85M | 0.01% |
227,600
+21,300
| +10% | +$708K |
|
|
CSE
960
DELISTED
CAPITALSOURCE INC
CSE
| $7.83M | 0.01% |
658,896
+65,100
| +11% | +$737K |
|
|
CBL
961
DELISTED
CBL& Associates Properties, Inc.
CBL
| $7.8M | 0.01% |
408,345
+27,676
| +7% | +$583K |
|
|
SGY
962
DELISTED
Stone Energy
SGY
| $7.79M | 0.01% |
4,227
+294
| +7% | +$458K |
|
|
SVC
963
Service Properties Trust
SVC
$1.04B
| $7.77M | 0.01% |
55,290
+539
| +1% | +$74.6K |
|
|
BID
964
DELISTED
Sotheby's
BID
| $7.75M | 0.01% |
157,728
+1,665
| +1% | +$74.1K |
|
|
TCF
965
DELISTED
TCF Financial Corporation
TCF
| $7.74M | 0.01% |
542,241
+59,300
| +12% | +$883K |
|
|
NATI
966
DELISTED
National Instruments Corp
NATI
| $7.73M | 0.01% |
249,932
+18,757
| +8% | +$545K |
|
|
BWP
967
DELISTED
Boardwalk Pipeline Partners
BWP
| $7.73M | 0.01% |
254,500
+2,847
| +1% | +$87.2K |
|
968
Photronics
PLAB
$1.9B
| $7.7M | 0.01% |
982,884
-67,340
| -6% | -$527K |
|
969
Regal Rexnord
RRX
$11.7B
| $7.68M | 0.01% |
113,101
-2,736
| -2% | -$182K |
|
|
VVC
970
DELISTED
Vectren Corporation
VVC
| $7.67M | 0.01% |
230,038
+5,750
| +3% | +$198K |
|
|
PRXL
971
DELISTED
Parexel International Corp
PRXL
| $7.67M | 0.01% |
152,611
+22,100
| +17% | +$1.08M |
|
972
Enerpac Tool Group
EPAC
$1.9B
| $7.66M | 0.01% |
197,306
+27,400
| +16% | +$996K |
|
973
Brown-Forman Class A
BF.A
$13.1B
| $7.65M | 0.01% |
289,048
+2,600
| +0.9% | +$73.1K |
|
974
Healthcare Services Group
HCSG
$1.51B
| $7.65M | 0.01% |
297,016
+28,200
| +10% | +$707K |
|
|
MOLX
975
DELISTED
MOLEX INC
MOLX
| $7.64M | 0.01% |
198,458
+3,614
| +2% | +$116K |
|
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.