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 | |
|---|---|---|---|---|---|---|
|
SOHU
1026
Sohu.com
SOHU
$376M
| $7.03M | 0.01% |
89,200
+19,800
| +29% | +$1.3M |
|
|
PLCM
1027
DELISTED
POLYCOM INC
PLCM
| $7.03M | 0.01% |
643,950
+95,100
| +17% | +$991K |
|
|
P
1028
DELISTED
Pandora Media Inc
P
| $7.02M | 0.01% |
279,500
+21,900
| +9% | +$448K |
|
1029
Sinclair Inc
SBGI
$995M
| $7.02M | 0.01% |
209,382
+17,000
| +9% | +$479K |
|
|
ESL
1030
DELISTED
Esterline Technologies
ESL
| $7M | 0.01% |
87,684
+12,100
| +16% | +$970K |
|
|
SD
1031
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $6.99M | 0.01% |
1,193,002
+50,862
| +4% | +$273K |
|
1032
Bio-Techne
TECH
$11.2B
| $6.98M | 0.01% |
348,824
+3,012
| +0.9% | +$57.2K |
|
|
HRC
1033
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $6.97M | 0.01% |
194,643
+23,100
| +13% | +$817K |
|
|
ROSE
1034
DELISTED
ROSETTA RESOURCES INC
ROSE
| $6.97M | 0.01% |
127,969
-2,717
| -2% | -$129K |
|
1035
U-Haul Holding Co
UHAL
$14.4B
| $6.96M | 0.01% |
377,890
-320
| -0.1% | -$5.53K |
|
|
DCP
1036
DELISTED
DCP Midstream, LP
DCP
| $6.95M | 0.01% |
140,000
+22,600
| +19% | +$1.15M |
|
1037
WEX
WEX
$6.35B
| $6.94M | 0.01% |
79,051
+653
| +0.8% | +$55.2K |
|
1038
Teleflex
TFX
$5.89B
| $6.92M | 0.01% |
84,124
-118
| -0.1% | -$9.27K |
|
1039
John Wiley & Sons Class A
WLY
$2.62B
| $6.89M | 0.01% |
144,475
+23,100
| +19% | +$1.03M |
|
1040
Kemper
KMPR
$1.55B
| $6.88M | 0.01% |
204,865
+9,000
| +5% | +$314K |
|
1041
Douglas Emmett
DEI
$1.93B
| $6.88M | 0.01% |
293,189
+2,795
| +1% | +$68K |
|
1042
JetBlue
JBLU
$2.13B
| $6.87M | 0.01% |
1,031,441
+107,900
| +12% | +$697K |
|
1043
Viasat
VSAT
$11.7B
| $6.87M | 0.01% |
107,750
+17,200
| +19% | +$1.15M |
|
1044
Cognex
CGNX
$10.8B
| $6.87M | 0.01% |
437,944
+65,600
| +18% | +$918K |
|
|
NSR
1045
DELISTED
Neustar Inc
NSR
| $6.86M | 0.01% |
138,561
-11,847
| -8% | -$617K |
|
1046
Tanger
SKT
$4.44B
| $6.85M | 0.01% |
209,922
+1,871
| +0.9% | +$61.3K |
|
|
POLY
1047
DELISTED
Plantronics, Inc.
POLY
| $6.84M | 0.01% |
148,649
+15,900
| +12% | +$728K |
|
1048
Webster Financial
WBS
$12.8B
| $6.82M | 0.01% |
267,298
+35,900
| +16% | +$956K |
|
|
AXLL
1049
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $6.82M | 0.01% |
180,400
+1,815
| +1% | +$75.8K |
|
|
MR
1050
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $6.78M | 0.01% |
174,228
+1,873
| +1% | +$75.5K |
|
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.