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 | |
|---|---|---|---|---|---|---|
1151
Brady Corp
BRC
$4.54B
| $5.78M | 0.01% |
189,624
+22,400
| +13% | +$736K |
|
|
VCI
1152
DELISTED
VALASSIS COMMUNICATIONS INC
VCI
| $5.78M | 0.01% |
200,190
+16,400
| +9% | +$462K |
|
1153
Flotek Industries
FTK
$1.36B
| $5.77M | 0.01% |
41,817
+4,667
| +13% | +$566K |
|
|
BGC
1154
DELISTED
General Cable Corporation
BGC
| $5.76M | 0.01% |
181,570
+22,200
| +14% | +$696K |
|
1155
Chemed
CHE
$7.18B
| $5.76M | 0.01% |
80,537
+6,800
| +9% | +$484K |
|
1156
MGIC Investment
MTG
$6.21B
| $5.75M | 0.01% |
790,560
-326,800
| -29% | -$2.32M |
|
|
KND
1157
DELISTED
Kindred Healthcare
KND
| $5.75M | 0.01% |
427,923
+67,100
| +19% | +$965K |
|
1158
Idacorp
IDA
$8.08B
| $5.75M | 0.01% |
118,709
+19,200
| +19% | +$956K |
|
1159
Clearwater Paper
CLW
$368M
| $5.74M | 0.01% |
120,096
+9,400
| +8% | +$456K |
|
1160
Compass Minerals
CMP
$1.13B
| $5.7M | 0.01% |
74,749
-3,856
| -5% | -$306K |
|
|
MAGN
1161
Magnera Corp
MAGN
$466M
| $5.7M | 0.01% |
16,192
+1,346
| +9% | +$466K |
|
|
THS
1162
DELISTED
Treehouse Foods
THS
| $5.69M | 0.01% |
85,143
+13,900
| +20% | +$958K |
|
|
APL
1163
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $5.69M | 0.01% |
146,600
+24,900
| +20% | +$948K |
|
1164
EastGroup Properties
EGP
$10.9B
| $5.68M | 0.01% |
95,913
+7,200
| +8% | +$427K |
|
1165
Glacier Bancorp
GBCI
$6.35B
| $5.66M | 0.01% |
229,226
+40,800
| +22% | +$978K |
|
|
FST
1166
DELISTED
FOREST OIL CORPORATION
FST
| $5.66M | 0.01% |
927,953
+177,600
| +24% | +$952K |
|
1167
Archrock
AROC
$5.81B
| $5.64M | 0.01% |
204,721
+12,000
| +6% | +$351K |
|
|
RVBD
1168
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $5.64M | 0.01% |
386,608
+3,784
| +1% | +$60.6K |
|
|
PAY
1169
DELISTED
Verifone Systems Inc
PAY
| $5.64M | 0.01% |
246,682
+41,900
| +20% | +$836K |
|
1170
Maximus
MMS
$2.9B
| $5.64M | 0.01% |
125,178
+5,900
| +5% | +$228K |
|
|
PVA
1171
DELISTED
PENN VIRGINIA CORP
PVA
| $5.62M | 0.01% |
845,191
+54,500
| +7% | +$284K |
|
|
KATE
1172
DELISTED
Kate Spade & Company
KATE
| $5.6M | 0.01% |
222,890
+37,100
| +20% | +$904K |
|
1173
Manitowoc
MTW
$678M
| $5.6M | 0.01% |
315,763
+41,950
| +15% | +$762K |
|
|
MGLN
1174
DELISTED
Magellan Health Services, Inc.
MGLN
| $5.58M | 0.01% |
93,143
+10,400
| +13% | +$603K |
|
1175
Equity Lifestyle Properties
ELS
$12.5B
| $5.58M | 0.01% |
326,740
-11,020
| -3% | -$205K |
|
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.