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 | |
|---|---|---|---|---|---|---|
|
AXE
951
DELISTED
Anixter International Inc
AXE
| $9.84M | 0.01% |
110,083
+10,759
| +11% | +$936K |
|
|
CPHD
952
DELISTED
Cepheid Inc
CPHD
| $9.81M | 0.01% |
210,856
+49,990
| +31% | +$2.12M |
|
|
HNT
953
DELISTED
HEALTH NET INC
HNT
| $9.8M | 0.01% |
341,700
+870
| +0.3% | +$26K |
|
|
WES
954
DELISTED
Western Gas Partners Lp
WES
| $9.77M | 0.01% |
161,860
+6,800
| +4% | +$411K |
|
|
BRE
955
DELISTED
BRE PROPERTIES INC CL A
BRE
| $9.73M | 0.01% |
175,789
+1,013
| +0.6% | +$54.3K |
|
|
AEL
956
DELISTED
American Equity Investment Life Holding Company
AEL
| $9.73M | 0.01% |
374,372
+36,397
| +11% | +$829K |
|
|
CNVR
957
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $9.72M | 0.01% |
415,900
+102,740
| +33% | +$2.15M |
|
958
Teledyne Technologies
TDY
$32.3B
| $9.71M | 0.01% |
104,600
+1,906
| +2% | +$170K |
|
959
Bank of Hawaii
BOH
$3.09B
| $9.68M | 0.01% |
163,518
+732
| +0.4% | +$42.1K |
|
|
TCO
960
DELISTED
Taubman Centers Inc.
TCO
| $9.62M | 0.01% |
149,899
+134
| +0.1% | +$8.93K |
|
961
Flowers Foods
FLO
$1.51B
| $9.61M | 0.01% |
451,819
-172,048
| -28% | -$3.88M |
|
|
LPT
962
DELISTED
Liberty Property Trust
LPT
| $9.6M | 0.01% |
279,463
+1,975
| +0.7% | +$69.1K |
|
963
Advanced Micro Devices
AMD
$775B
| $9.57M | 0.01% |
2,518,224
-157,800
| -6% | -$566K |
|
964
American Eagle Outfitters
AEO
$3.07B
| $9.57M | 0.01% |
656,646
+33,318
| +5% | +$494K |
|
965
ICICI Bank
IBN
$108B
| $9.56M | 0.01% |
+1,433,691
| New | +$9.16M |
|
|
INFA
966
DELISTED
INFORMATICA CORP
INFA
| $9.54M | 0.01% |
230,250
-34,363
| -13% | -$1.34M |
|
967
Photronics
PLAB
$1.9B
| $9.51M | 0.01% |
1,050,600
+67,716
| +7% | +$571K |
|
|
KND
968
DELISTED
Kindred Healthcare
KND
| $9.5M | 0.01% |
482,656
+54,733
| +13% | +$882K |
|
969
Manhattan Associates
MANH
$11.6B
| $9.5M | 0.01% |
313,196
+7,752
| +3% | +$213K |
|
970
Omega Healthcare
OHI
$14.3B
| $9.5M | 0.01% |
312,293
+33,836
| +12% | +$1.07M |
|
|
FWLT
971
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $9.49M | 0.01% |
289,900
+7,100
| +3% | +$208K |
|
972
Belden
BDC
$5.23B
| $9.43M | 0.01% |
132,444
+15,400
| +13% | +$1.04M |
|
973
JetBlue
JBLU
$2.14B
| $9.42M | 0.01% |
1,097,667
+66,226
| +6% | +$526K |
|
|
CSE
974
DELISTED
CAPITALSOURCE INC
CSE
| $9.4M | 0.01% |
652,400
-6,496
| -1% | -$87.3K |
|
|
QIHU
975
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $9.4M | 0.01% |
116,800
-900
| -0.8% | -$75.2K |
|
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.