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 | |
|---|---|---|---|---|---|---|
|
PNY
1076
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $6.5M | 0.01% |
197,760
+29,100
| +17% | +$976K |
|
|
WAC
1077
DELISTED
Walter Investment Mgt Corp
WAC
| $6.49M | 0.01% |
164,110
+113,418
| +224% | +$4.36M |
|
|
CVA
1078
DELISTED
Covanta Holding Corporation
CVA
| $6.49M | 0.01% |
303,465
+2,892
| +1% | +$60.8K |
|
|
N
1079
DELISTED
Netsuite Inc
N
| $6.48M | 0.01% |
59,994
+653
| +1% | +$64.5K |
|
|
CHS
1080
DELISTED
Chicos FAS, Inc.
CHS
| $6.47M | 0.01% |
388,458
-1,220
| -0.3% | -$20.1K |
|
|
HTSI
1081
DELISTED
HARRIS TEETER SUPERMARKETS INC COM STK (NC)
HTSI
| $6.45M | 0.01% |
131,188
+17,800
| +16% | +$875K |
|
1082
Fair Isaac
FICO
$22.7B
| $6.45M | 0.01% |
116,685
+11,487
| +11% | +$589K |
|
|
ACH
1083
Accendra Health
ACH
$107M
| $6.45M | 0.01% |
186,332
+23,500
| +14% | +$822K |
|
|
CVSA
1084
Covista Inc
CVSA
$4.38B
| $6.43M | 0.01% |
210,575
+20,900
| +11% | +$644K |
|
|
MINI
1085
DELISTED
Mobile Mini Inc
MINI
| $6.43M | 0.01% |
188,792
-34,260
| -15% | -$1.13M |
|
|
DWA
1086
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $6.43M | 0.01% |
225,823
+45,700
| +25% | +$1.25M |
|
1087
AerCap
AER
$23.5B
| $6.41M | 0.01% |
329,400
+38,000
| +13% | +$692K |
|
|
SGI
1088
Somnigroup International
SGI
$13.6B
| $6.41M | 0.01% |
583,080
+6,216
| +1% | +$64.5K |
|
|
MDR
1089
DELISTED
McDermott International
MDR
| $6.4M | 0.01% |
287,067
+18,459
| +7% | +$438K |
|
|
MSCC
1090
DELISTED
Microsemi Corp
MSCC
| $6.39M | 0.01% |
263,603
+60,700
| +30% | +$1.52M |
|
|
SPLK
1091
DELISTED
Splunk Inc
SPLK
| $6.39M | 0.01% |
106,400
-20,871
| -16% | -$1.11M |
|
|
APU
1092
DELISTED
AmeriGas Partners, L.P.
APU
| $6.39M | 0.01% |
148,300
+1,561
| +1% | +$69.3K |
|
|
IOC
1093
DELISTED
Interoil Corporation
IOC
| $6.38M | 0.01% |
89,500
+810
| +0.9% | +$60.5K |
|
|
CIM
1094
Chimera Investment
CIM
$980M
| $6.35M | 0.01% |
139,178
+1,419
| +1% | +$63.1K |
|
1095
Watsco Inc
WSO
$13.5B
| $6.34M | 0.01% |
67,275
+2,257
| +3% | +$207K |
|
1096
Wolverine World Wide
WWW
$1.55B
| $6.34M | 0.01% |
217,726
+38,800
| +22% | +$1.11M |
|
|
ENLK
1097
DELISTED
EnLink Midstream Partners, LP
ENLK
| $6.33M | 0.01% |
318,000
+44,600
| +16% | +$892K |
|
1098
Euronet Worldwide
EEFT
$2.65B
| $6.32M | 0.01% |
158,871
+6,700
| +4% | +$242K |
|
1099
Moog Inc Class A
MOG.A
$13B
| $6.29M | 0.01% |
107,196
+8,555
| +9% | +$474K |
|
|
CPHD
1100
DELISTED
Cepheid Inc
CPHD
| $6.28M | 0.01% |
160,866
-3,018
| -2% | -$109K |
|
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.