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 | |
|---|---|---|---|---|---|---|
|
DST
1001
DELISTED
DST Systems Inc.
DST
| $7.29M | 0.01% |
193,460
+1,728
| +0.9% | +$62.4K |
|
1002
Manhattan Associates
MANH
$11.5B
| $7.29M | 0.01% |
305,444
+31,600
| +12% | +$697K |
|
1003
ON Semiconductor
ON
$31.6B
| $7.28M | 0.01% |
997,641
-2,521
| -0.3% | -$19.3K |
|
|
ISIL
1004
DELISTED
Intersil Corp
ISIL
| $7.27M | 0.01% |
647,587
+95,500
| +17% | +$957K |
|
|
HME
1005
DELISTED
HOME PROPERTIES, INC
HME
| $7.27M | 0.01% |
125,894
+1,717
| +1% | +$105K |
|
|
ANN
1006
DELISTED
ANN INC
ANN
| $7.27M | 0.01% |
200,648
+23,600
| +13% | +$806K |
|
|
ARIA
1007
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $7.25M | 0.01% |
394,056
+4,115
| +1% | +$79.9K |
|
1008
Grand Canyon Education
LOPE
$3.87B
| $7.23M | 0.01% |
179,587
+21,400
| +14% | +$763K |
|
1009
Caesarstone
CSTE
$87.8M
| $7.22M | 0.01% |
158,100
+20,100
| +15% | +$761K |
|
|
SUSQ
1010
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $7.21M | 0.01% |
574,879
+70,500
| +14% | +$930K |
|
1011
Spire
SR
$4.8B
| $7.2M | 0.01% |
159,921
+11,900
| +8% | +$538K |
|
|
AEL
1012
DELISTED
American Equity Investment Life Holding Company
AEL
| $7.17M | 0.01% |
337,975
+22,400
| +7% | +$428K |
|
|
AZPN
1013
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $7.17M | 0.01% |
207,403
+2,905
| +1% | +$100K |
|
1014
Applied Industrial Technologies
AIT
$13.3B
| $7.16M | 0.01% |
139,099
+13,500
| +11% | +$683K |
|
|
DBD
1015
DELISTED
Diebold Nixdorf Incorporated
DBD
| $7.16M | 0.01% |
243,808
+29,200
| +14% | +$916K |
|
1016
Louisiana-Pacific
LPX
$5.2B
| $7.12M | 0.01% |
404,888
+40,303
| +11% | +$666K |
|
|
CYBX
1017
DELISTED
CYBERONICS INC
CYBX
| $7.09M | 0.01% |
139,827
+11,900
| +9% | +$624K |
|
1018
Erie Indemnity
ERIE
$13B
| $7.09M | 0.01% |
97,801
+502
| +0.5% | +$38.7K |
|
|
CATM
1019
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $7.07M | 0.01% |
190,600
+30,000
| +19% | +$1.01M |
|
1020
Gran Tierra Energy
GTE
$322M
| $7.07M | 0.01% |
99,720
+10,808
| +12% | +$709K |
|
|
WGL
1021
DELISTED
Wgl Holdings
WGL
| $7.07M | 0.01% |
165,516
+24,900
| +18% | +$1.08M |
|
|
AFSI
1022
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $7.06M | 0.01% |
361,678
+27,018
| +8% | +$502K |
|
1023
Prosperity Bancshares
PB
$8.83B
| $7.05M | 0.01% |
113,977
+21,945
| +24% | +$1.3M |
|
1024
Associated Banc-Corp
ASB
$5.91B
| $7.04M | 0.01% |
454,353
+5,427
| +1% | +$89.3K |
|
|
MDCO
1025
DELISTED
Medicines Co
MDCO
| $7.04M | 0.01% |
209,901
+18,200
| +9% | +$580K |
|
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.