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 | |
|---|---|---|---|---|---|---|
|
EQC
1201
DELISTED
Equity Commonwealth
EQC
| $5.42M | 0.01% |
247,258
+45,700
| +23% | +$1.09M |
|
1202
Cimpress
CMPR
$2.29B
| $5.4M | 0.01% |
95,516
+26,300
| +38% | +$1.4M |
|
1203
ACI Worldwide
ACIW
$5.34B
| $5.4M | 0.01% |
299,514
+35,700
| +14% | +$587K |
|
|
LGF
1204
DELISTED
Lions Gate Entertainment
LGF
| $5.38M | 0.01% |
153,600
-20,219
| -12% | -$686K |
|
|
KS
1205
DELISTED
KapStone Paper and Pack Corp.
KS
| $5.36M | 0.01% |
250,608
+42,000
| +20% | +$915K |
|
|
TXNM
1206
TXNM Energy Inc
TXNM
$5.91B
| $5.36M | 0.01% |
236,937
+43,500
| +22% | +$990K |
|
1207
Hyatt Hotels
H
$16B
| $5.34M | 0.01% |
124,391
+18,000
| +17% | +$790K |
|
1208
Texas Roadhouse
TXRH
$13.6B
| $5.33M | 0.01% |
202,911
+21,300
| +12% | +$536K |
|
|
PIR
1209
DELISTED
Pier 1 Imports, Inc.
PIR
| $5.32M | 0.01% |
13,628
+2,075
| +18% | +$938K |
|
|
RFP
1210
DELISTED
Resolute Forest Products Inc.
RFP
| $5.32M | 0.01% |
402,200
+74,200
| +23% | +$1.02M |
|
1211
Boston Beer
SAM
$1.86B
| $5.32M | 0.01% |
21,765
+5,100
| +31% | +$1.05M |
|
1212
Ciena
CIEN
$54.9B
| $5.31M | 0.01% |
212,679
+64,200
| +43% | +$1.45M |
|
1213
Avista
AVA
$3.2B
| $5.29M | 0.01% |
200,567
+31,800
| +19% | +$871K |
|
|
SAPE
1214
DELISTED
SAPIENT CORP
SAPE
| $5.28M | 0.01% |
339,318
+75,900
| +29% | +$1.12M |
|
|
CTB
1215
DELISTED
Cooper Tire & Rubber Co.
CTB
| $5.25M | 0.01% |
170,506
+18,300
| +12% | +$596K |
|
|
SAVE
1216
DELISTED
Spirit Airlines, Inc.
SAVE
| $5.24M | 0.01% |
152,900
+21,000
| +16% | +$695K |
|
1217
Deckers Outdoor
DECK
$13.3B
| $5.24M | 0.01% |
476,442
+79,200
| +20% | +$768K |
|
1218
Littelfuse
LFUS
$11.6B
| $5.22M | 0.01% |
66,801
+8,300
| +14% | +$658K |
|
1219
New Jersey Resources
NJR
$5.45B
| $5.22M | 0.01% |
237,190
+43,400
| +22% | +$951K |
|
|
PTP
1220
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $5.22M | 0.01% |
87,406
+4,000
| +5% | +$234K |
|
1221
Hancock Whitney
HWC
$6.23B
| $5.22M | 0.01% |
166,263
-1,144
| -0.7% | -$37K |
|
|
MFA
1222
MFA Financial
MFA
$919M
| $5.21M | 0.01% |
174,770
+1,769
| +1% | +$54.2K |
|
1223
Sarepta Therapeutics
SRPT
$1.81B
| $5.2M | 0.01% |
110,000
+14,234
| +15% | +$548K |
|
|
CAVM
1224
DELISTED
Cavium, Inc.
CAVM
| $5.19M | 0.01% |
125,901
+33,400
| +36% | +$1.26M |
|
1225
Asbury Automotive
ABG
$3.78B
| $5.18M | 0.01% |
97,425
+16,200
| +20% | +$796K |
|
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.