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 | |
|---|---|---|---|---|---|---|
|
MDP
976
DELISTED
Meredith Corporation
MDP
| $7.63M | 0.01% |
160,175
+14,300
| +10% | +$663K |
|
|
AKRX
977
DELISTED
Akorn Inc
AKRX
| $7.62M | 0.01% |
387,104
+29,800
| +8% | +$482K |
|
978
Children's Place
PLCE
$57.6M
| $7.61M | 0.01% |
131,581
+10,500
| +9% | +$576K |
|
|
OPEN
979
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $7.61M | 0.01% |
108,731
+9,300
| +9% | +$650K |
|
980
Bio-Rad Laboratories Class A
BIO
$9.49B
| $7.6M | 0.01% |
64,681
+2,078
| +3% | +$245K |
|
981
Delek US
DK
$3.72B
| $7.59M | 0.01% |
360,127
+293,000
| +436% | +$7.74M |
|
982
WaFd
WAFD
$2.76B
| $7.58M | 0.01% |
366,770
+40,900
| +13% | +$869K |
|
|
CNW
983
DELISTED
CON-WAY INC.
CNW
| $7.58M | 0.01% |
176,015
+29,700
| +20% | +$1.26M |
|
|
BMR
984
DELISTED
BIOMED REALTY TRUST INC
BMR
| $7.57M | 0.01% |
407,261
+2,582
| +0.6% | +$50.7K |
|
|
PDM
985
Piedmont Realty Trust
PDM
$1.16B
| $7.56M | 0.01% |
435,461
+3,441
| +0.8% | +$61.5K |
|
986
Sunstone Hotel Investors
SHO
$2.01B
| $7.56M | 0.01% |
593,211
+110,800
| +23% | +$1.42M |
|
987
Cabot Corp
CBT
$4.46B
| $7.55M | 0.01% |
176,819
+23,500
| +15% | +$948K |
|
988
New Oriental
EDU
$9.24B
| $7.52M | 0.01% |
301,900
-10,271
| -3% | -$235K |
|
|
TECD
989
DELISTED
Tech Data Corp
TECD
| $7.51M | 0.01% |
150,482
+19,900
| +15% | +$1M |
|
990
Belden
BDC
$5.28B
| $7.5M | 0.01% |
117,044
+26,200
| +29% | +$1.54M |
|
|
FCE.A
991
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $7.47M | 0.01% |
394,402
+3,670
| +0.9% | +$66.6K |
|
|
FWLT
992
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $7.45M | 0.01% |
282,800
+2,117
| +0.8% | +$49.5K |
|
993
Valmont Industries
VMI
$9.5B
| $7.44M | 0.01% |
53,575
+690
| +1% | +$98.6K |
|
|
LL
994
DELISTED
LL Flooring Holdings, Inc.
LL
| $7.43M | 0.01% |
69,700
+8,600
| +14% | +$833K |
|
995
Starwood Property Trust
STWD
$6.16B
| $7.4M | 0.01% |
382,850
+3,713
| +1% | +$74.6K |
|
996
Vishay Intertechnology
VSH
$5.08B
| $7.37M | 0.01% |
571,872
+51,300
| +10% | +$700K |
|
|
TEN
997
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.36M | 0.01% |
145,648
+18,200
| +14% | +$888K |
|
998
Progress Software
PRGS
$1.78B
| $7.35M | 0.01% |
284,064
+14,800
| +5% | +$371K |
|
999
Landstar System
LSTR
$6.06B
| $7.35M | 0.01% |
131,249
+1,335
| +1% | +$73.1K |
|
1000
Clean Harbors
CLH
$16.4B
| $7.32M | 0.01% |
124,754
+575
| +0.5% | +$32.1K |
|
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.