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 |
Apple
AAPL
|
+$191M |
| 2 |
ExxonMobil
XOM
|
+$166M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$143M |
| 4 |
Microsoft
MSFT
|
+$139M |
| 5 |
Wells Fargo
WFC
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
+$45.3M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$32.5M |
| 4 |
NYX
NYSE EURONEXT INC
NYX
|
+$31.4M |
| 5 |
Perrigo
PRGO
|
+$28.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.93% |
| 2 | Technology | 13.51% |
| 3 | Healthcare | 12.03% |
| 4 | Industrials | 11.52% |
| 5 | Energy | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Integer Holdings
ITGR
$4.25B
| $6.53M | 0.01% |
164,309
+33,042
| +25% | +$1.16M |
|
1227
MasTec
MTZ
$21.5B
| $6.52M | 0.01% |
203,070
+56,054
| +38% | +$1.77M |
|
1228
Banco Bradesco
BBD
$36.3B
| $6.5M | 0.01% |
+1,362,504
| New | +$7.25M |
|
|
CVA
1229
DELISTED
Covanta Holding Corporation
CVA
| $6.49M | 0.01% |
371,900
+68,435
| +23% | +$1.27M |
|
|
TIVO
1230
DELISTED
Tivo Inc
TIVO
| $6.48M | 0.01% |
337,495
+67,331
| +25% | +$1.23M |
|
1231
Black Hills Corp
BKH
$5.62B
| $6.46M | 0.01% |
123,253
+20,368
| +20% | +$1.03M |
|
1232
Skywest
SKYW
$4.18B
| $6.45M | 0.01% |
433,462
+50,807
| +13% | +$773K |
|
|
CODE
1233
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $6.44M | 0.01% |
481,246
+80,646
| +20% | +$987K |
|
1234
Manitowoc
MTW
$678M
| $6.43M | 0.01% |
305,480
-10,283
| -3% | -$189K |
|
1235
FerroAtlántica
GSM
$865M
| $6.43M | 0.01% |
360,000
+37,700
| +12% | +$649K |
|
1236
FTI Consulting
FCN
$4.17B
| $6.43M | 0.01% |
152,505
+22,812
| +18% | +$950K |
|
|
LCI
1237
DELISTED
Lannett Company, Inc.
LCI
| $6.42M | 0.01% |
47,900
+13,900
| +41% | +$1.47M |
|
1238
TD Synnex
SNX
$20.3B
| $6.41M | 0.01% |
189,136
+93,218
| +97% | +$2.97M |
|
|
TGI
1239
DELISTED
Triumph Group
TGI
| $6.38M | 0.01% |
84,326
-53,810
| -39% | -$3.9M |
|
1240
Amkor Technology
AMKR
$13.1B
| $6.37M | 0.01% |
1,088,059
+299,208
| +38% | +$1.6M |
|
|
GES
1241
DELISTED
Guess Inc
GES
| $6.37M | 0.01% |
202,334
+6,000
| +3% | +$190K |
|
1242
Insulet
PODD
$9.91B
| $6.36M | 0.01% |
169,400
+90,935
| +116% | +$3.36M |
|
1243
Huazhu Hotels Group
HTHT
$13.2B
| $6.35M | 0.01% |
822,000
+205,200
| +33% | +$1.24M |
|
|
PVTB
1244
DELISTED
PrivateBancorp Inc
PVTB
| $6.32M | 0.01% |
216,500
-613
| -0.3% | -$15.8K |
|
1245
Itron
ITRI
$4.49B
| $6.31M | 0.01% |
154,068
+26,063
| +20% | +$1.11M |
|
|
MAGN
1246
Magnera Corp
MAGN
$466M
| $6.31M | 0.01% |
17,061
+869
| +5% | +$308K |
|
1247
Genesco
GCO
$419M
| $6.31M | 0.01% |
87,219
+3,241
| +4% | +$226K |
|
1248
Watsco Inc
WSO
$13.5B
| $6.31M | 0.01% |
65,400
-1,875
| -3% | -$178K |
|
|
PMT
1249
PennyMac Mortgage Investment
PMT
$818M
| $6.3M | 0.01% |
275,500
+5,000
| +2% | +$113K |
|
|
WBMD
1250
DELISTED
WebMD Health Corp.
WBMD
| $6.3M | 0.01% |
159,898
-5,408
| -3% | -$195K |
|
Similar funds
California Public Employees Retirement System's Q4 2013 Portfolio in Review
As of Q4 2013, California Public Employees Retirement System held 4,184 positions worth $69B, up 28% from $54B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System deployed $9.68B of net new capital in Q4 2013, opening 203 new positions and adding to 1,884 existing holdings. Its largest new stake was Vodafone: 1,609,157 shares worth $64.1M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Melco Resorts & Entertainment, an estimated $45.3M trimmed.
- California Public Employees Retirement System's largest Q4 2013 buy was Vodafone: 1,609,157 shares worth $64.1M.
- California Public Employees Retirement System added most to Apple in Q4 2013, an estimated $191M increase.
- California Public Employees Retirement System's biggest Q4 2013 reduction was Melco Resorts & Entertainment, cutting an estimated $45.3M.
- California Public Employees Retirement System fully exited DELL INC in Q4 2013, selling an estimated $68M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $69B portfolio in Q4 2013.
- California Public Employees Retirement System opened 203 new positions and closed 206 in Q4 2013.
- California Public Employees Retirement System's portfolio value rose 28% quarter-over-quarter to $69B.
Based on California Public Employees Retirement System's 13F filing for Q4 2013, filed 11 Feb 2014.