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 | |
|---|---|---|---|---|---|---|
1251
Northwest Bancshares
NWBI
$2.27B
| $6.28M | 0.01% |
422,300
+75,343
| +22% | +$1.07M |
|
|
PIR
1252
DELISTED
Pier 1 Imports, Inc.
PIR
| $6.28M | 0.01% |
13,716
+88
| +0.6% | +$37.4K |
|
1253
Wintrust Financial
WTFC
$10.7B
| $6.28M | 0.01% |
134,860
+27,460
| +26% | +$1.21M |
|
|
MIC
1254
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $6.27M | 0.01% |
115,535
+5,800
| +5% | +$315K |
|
1255
Power Integrations
POWI
$3.46B
| $6.25M | 0.01% |
229,470
+72,610
| +46% | +$1.96M |
|
1256
Cracker Barrel
CBRL
$1.25B
| $6.25M | 0.01% |
55,824
-246
| -0.4% | -$26.7K |
|
|
SEP
1257
DELISTED
Spectra Engy Parters Lp
SEP
| $6.25M | 0.01% |
145,000
+12,500
| +9% | +$548K |
|
1258
La-Z-Boy
LZB
$1.66B
| $6.22M | 0.01% |
202,700
-397
| -0.2% | -$10.3K |
|
1259
Hancock Whitney
HWC
$6.23B
| $6.22M | 0.01% |
169,317
+3,054
| +2% | +$103K |
|
|
MBFI
1260
DELISTED
MB Financial Corp
MBFI
| $6.21M | 0.01% |
192,868
+30,884
| +19% | +$939K |
|
1261
Western Alliance Bancorporation
WAL
$8.78B
| $6.21M | 0.01% |
255,300
+6,689
| +3% | +$146K |
|
|
AWAY
1262
DELISTED
HOMEAWAY INC COM
AWAY
| $6.2M | 0.01% |
152,700
+121,200
| +385% | +$4.13M |
|
1263
Guidewire Software
GWRE
$14.4B
| $6.19M | 0.01% |
127,186
+118,297
| +1,331% | +$5.58M |
|
1264
Texas Capital Bancshares
TCBI
$4.32B
| $6.19M | 0.01% |
100,640
+10,897
| +12% | +$581K |
|
1265
Mueller Water Products
MWA
$4.07B
| $6.18M | 0.01% |
667,113
+151,205
| +29% | +$1.29M |
|
|
MWIV
1266
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $6.17M | 0.01% |
34,972
+4,512
| +15% | +$748K |
|
|
SPWR
1267
DELISTED
SunPower Corporation Common Stock
SPWR
| $6.16M | 0.01% |
320,039
-5,244
| -2% | -$105K |
|
1268
Pricesmart
PSMT
$5.21B
| $6.15M | 0.01% |
52,664
-253
| -0.5% | -$28.5K |
|
|
THS
1269
DELISTED
Treehouse Foods
THS
| $6.12M | 0.01% |
89,339
+4,196
| +5% | +$295K |
|
1270
Brady Corp
BRC
$4.54B
| $6.12M | 0.01% |
197,600
+7,976
| +4% | +$237K |
|
|
MGLN
1271
DELISTED
Magellan Health Services, Inc.
MGLN
| $6.12M | 0.01% |
104,898
+11,755
| +13% | +$702K |
|
1272
CNA Financial
CNA
$13.9B
| $6.11M | 0.01% |
143,069
+42,729
| +43% | +$1.73M |
|
1273
Advanced Energy
AEIS
$12.6B
| $6.11M | 0.01% |
273,020
+25,036
| +10% | +$536K |
|
1274
The GEO Group
GEO
$4.04B
| $6.1M | 0.01% |
281,700
+3,190
| +1% | +$71.5K |
|
1275
Ryman Hospitality Properties
RHP
$7.57B
| $6.1M | 0.01% |
146,049
+10,076
| +7% | +$397K |
|
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.