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 | |
|---|---|---|---|---|---|---|
1176
LiveRamp
RAMP
$2.3B
| $5.58M | 0.01% |
196,516
+26,300
| +15% | +$675K |
|
|
SPWR
1177
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.57M | 0.01% |
325,283
-9,315
| -3% | -$145K |
|
1178
Altisource Portfolio Solutions
ASPS
$63.3M
| $5.57M | 0.01% |
4,974
+712
| +17% | +$692K |
|
1179
Fortinet
FTNT
$120B
| $5.56M | 0.01% |
1,371,500
-58,605
| -4% | -$237K |
|
1180
Skywest
SKYW
$4.18B
| $5.56M | 0.01% |
382,655
-1,200
| -0.3% | -$17.2K |
|
|
EXXI
1181
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $5.55M | 0.01% |
183,800
+1,791
| +1% | +$48.1K |
|
1182
Darling Ingredients
DAR
$9.99B
| $5.55M | 0.01% |
262,280
+45,900
| +21% | +$936K |
|
1183
Alnylam Pharmaceuticals
ALNY
$29B
| $5.55M | 0.01% |
86,662
+20,200
| +30% | +$1.01M |
|
1184
Werner Enterprises
WERN
$2.2B
| $5.54M | 0.01% |
237,595
+18,200
| +8% | +$435K |
|
1185
Valley National Bancorp
VLY
$8.1B
| $5.52M | 0.01% |
554,990
+83,790
| +18% | +$846K |
|
|
ALR
1186
DELISTED
Alere Inc
ALR
| $5.51M | 0.01% |
180,166
+17,500
| +11% | +$533K |
|
1187
Genesco
GCO
$419M
| $5.51M | 0.01% |
83,978
+12,100
| +17% | +$828K |
|
|
HI
1188
DELISTED
Hillenbrand
HI
| $5.5M | 0.01% |
201,078
+24,600
| +14% | +$622K |
|
|
GHL
1189
DELISTED
Greenhill & Co., Inc.
GHL
| $5.5M | 0.01% |
110,232
+12,289
| +13% | +$606K |
|
1190
Itron
ITRI
$4.49B
| $5.48M | 0.01% |
128,005
+25,200
| +25% | +$1.03M |
|
|
MW
1191
DELISTED
THE MENS WAREHOUSE INC
MW
| $5.48M | 0.01% |
160,885
+19,000
| +13% | +$720K |
|
1192
West Pharmaceutical
WST
$24.8B
| $5.46M | 0.01% |
132,674
+26,400
| +25% | +$1.01M |
|
1193
Bruker
BRKR
$8.58B
| $5.46M | 0.01% |
264,360
+1,127
| +0.4% | +$21.5K |
|
1194
United Natural Foods
UNFI
$2.8B
| $5.45M | 0.01% |
81,108
+617
| +0.8% | +$37.5K |
|
1195
Murphy USA
MUSA
$10.2B
| $5.45M | 0.01% |
+134,949
| New | +$5.4M |
|
|
CZR
1196
DELISTED
Caesars Entertainment Corporation
CZR
| $5.45M | 0.01% |
276,500
-600
| -0.2% | -$11.3K |
|
|
ARGO
1197
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $5.44M | 0.01% |
176,462
-111
| -0.1% | -$3.46K |
|
|
BRY
1198
DELISTED
BERRY PETROLEUM CO CL A
BRY
| $5.43M | 0.01% |
125,948
+1,169
| +0.9% | +$48.7K |
|
1199
Brink's
BCO
$4.55B
| $5.43M | 0.01% |
191,888
+18,700
| +11% | +$509K |
|
|
DCT
1200
DELISTED
DCT Industrial Trust Inc.
DCT
| $5.42M | 0.01% |
188,483
+44,425
| +31% | +$1.29M |
|
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.