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 | |
|---|---|---|---|---|---|---|
|
CST
1226
DELISTED
CST Brands, Inc.
CST
| $5.18M | 0.01% |
173,898
-4,175
| -2% | -$131K |
|
|
TIVO
1227
DELISTED
Tivo Inc
TIVO
| $5.18M | 0.01% |
270,164
+40,700
| +18% | +$813K |
|
|
MRH
1228
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $5.17M | 0.01% |
198,632
+11,200
| +6% | +$291K |
|
1229
Unisys
UIS
$211M
| $5.17M | 0.01% |
205,073
+18,100
| +10% | +$454K |
|
|
FINL
1230
DELISTED
Finish Line
FINL
| $5.16M | 0.01% |
207,651
+27,300
| +15% | +$604K |
|
|
QLIK
1231
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $5.15M | 0.01% |
150,500
+35,000
| +30% | +$1.15M |
|
|
CQB
1232
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $5.15M | 0.01% |
406,838
+66,200
| +19% | +$827K |
|
|
ZNGA
1233
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $5.15M | 0.01% |
1,399,000
+315,400
| +29% | +$996K |
|
|
HOLI
1234
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $5.15M | 0.01% |
344,200
+17,300
| +5% | +$236K |
|
1235
Innoviva
INVA
$1.49B
| $5.14M | 0.01% |
156,068
+35,865
| +30% | +$1.12M |
|
1236
Black Hills Corp
BKH
$5.62B
| $5.13M | 0.01% |
102,885
+17,200
| +20% | +$871K |
|
1237
Philip Morris
PM
$290B
| $5.13M | 0.01% |
59,184
-500
| -0.8% | -$43.7K |
|
|
VRNT
1238
DELISTED
Verint Systems
VRNT
| $5.13M | 0.01% |
271,453
+52,510
| +24% | +$961K |
|
1239
Suburban Propane Partners
SPH
$1.17B
| $5.09M | 0.01% |
108,869
+20,874
| +24% | +$977K |
|
|
ARRS
1240
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $5.07M | 0.01% |
297,180
+34,800
| +13% | +$553K |
|
1241
News Corp Class B
NWS
$17.6B
| $5.06M | 0.01% |
+307,800
| New | +$4.97M |
|
|
ECHO
1242
EchoStar
ECHO
$25.9B
| $5.05M | 0.01% |
141,787
+19,744
| +16% | +$668K |
|
1243
Enpro
NPO
$7.04B
| $5.04M | 0.01% |
83,776
+8,400
| +11% | +$487K |
|
|
FNSR
1244
DELISTED
Finisar Corp
FNSR
| $5.04M | 0.01% |
222,800
+80,800
| +57% | +$1.67M |
|
1245
Pricesmart
PSMT
$5.21B
| $5.04M | 0.01% |
52,917
+2,100
| +4% | +$189K |
|
|
WWAV
1246
DELISTED
The WhiteWave Foods Company
WWAV
| $5.03M | 0.01% |
251,979
+165,646
| +192% | +$3.14M |
|
|
HSNI
1247
DELISTED
HSN, Inc.
HSNI
| $5.03M | 0.01% |
93,823
+1,929
| +2% | +$110K |
|
|
ANAT
1248
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.01M | 0.01% |
51,068
+3,000
| +6% | +$320K |
|
|
KMI.WS
1249
DELISTED
Kinder Morgan Inc
KMI.WS
| $5M | 0.01% |
1,007,001
+1,132
| +0.1% | +$5.96K |
|
|
GRFS
1250
Grifois
GRFS
$5.48B
| $4.99M | 0.01% |
329,800
+364
| +0.1% | +$5.66K |
|
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.