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 | |
|---|---|---|---|---|---|---|
1326
Franklin Electric
FELE
$4.75B
| $5.69M | 0.01% |
124,682
+4,118
| +3% | +$168K |
|
1327
Silicon Laboratories
SLAB
$7.2B
| $5.68M | 0.01% |
134,945
+52,407
| +63% | +$2.15M |
|
|
LFC
1328
DELISTED
China Life Insurance Company Ltd.
LFC
| $5.67M | 0.01% |
+367,197
| New | +$5.31M |
|
|
GTS
1329
DELISTED
Triple-S Management Corporation
GTS
| $5.67M | 0.01% |
305,872
+54,626
| +22% | +$978K |
|
1330
National Health Investors
NHI
$3.59B
| $5.66M | 0.01% |
97,500
+21,963
| +29% | +$1.31M |
|
|
SOHU
1331
Sohu.com
SOHU
$376M
| $5.65M | 0.01% |
80,000
-9,200
| -10% | -$656K |
|
1332
CubeSmart
CUBE
$9.23B
| $5.64M | 0.01% |
350,142
+73,212
| +26% | +$1.26M |
|
|
MEG
1333
DELISTED
Media General, Inc
MEG
| $5.64M | 0.01% |
245,480
-800
| -0.3% | -$13.7K |
|
|
MRH
1334
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $5.63M | 0.01% |
194,700
-3,932
| -2% | -$110K |
|
1335
Murphy USA
MUSA
$10.2B
| $5.63M | 0.01% |
134,349
-600
| -0.4% | -$25.5K |
|
|
OUTR
1336
DELISTED
OUTERWALL INC
OUTR
| $5.61M | 0.01% |
86,178
+9,610
| +13% | +$627K |
|
|
CBD
1337
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.61M | 0.01% |
+126,700
| New | +$5.99M |
|
1338
Scholastic
SCHL
$807M
| $5.6M | 0.01% |
166,700
+7,715
| +5% | +$228K |
|
|
PSB
1339
DELISTED
PS Business Parks, Inc.
PSB
| $5.59M | 0.01% |
73,349
+20,004
| +37% | +$1.56M |
|
|
WEB
1340
DELISTED
Web.com Group, Inc.
WEB
| $5.59M | 0.01% |
172,600
-34,700
| -17% | -$1.01M |
|
1341
Boston Beer
SAM
$1.86B
| $5.58M | 0.01% |
22,800
+1,035
| +5% | +$248K |
|
|
SONC
1342
DELISTED
Sonic Corp
SONC
| $5.56M | 0.01% |
264,300
-11,530
| -4% | -$224K |
|
|
ACC
1343
DELISTED
American Campus Communities, Inc.
ACC
| $5.54M | 0.01% |
170,918
-73,495
| -30% | -$2.47M |
|
|
BGC
1344
DELISTED
General Cable Corporation
BGC
| $5.54M | 0.01% |
190,100
+8,530
| +5% | +$258K |
|
1345
EastGroup Properties
EGP
$10.9B
| $5.53M | 0.01% |
96,759
+846
| +0.9% | +$51.4K |
|
1346
Royal Gold
RGLD
$19.8B
| $5.52M | 0.01% |
119,997
-70,049
| -37% | -$3.3M |
|
|
SFLY
1347
DELISTED
Shutterfly, Inc.
SFLY
| $5.49M | 0.01% |
106,615
+25,372
| +31% | +$1.28M |
|
|
COR
1348
DELISTED
Coresite Realty Corporation
COR
| $5.49M | 0.01% |
172,041
+92,641
| +117% | +$2.95M |
|
1349
Sprouts Farmers Market
SFM
$7.96B
| $5.48M | 0.01% |
143,400
+138,400
| +2,768% | +$5.85M |
|
1350
Navios Maritime Partners
NMM
$2.24B
| $5.47M | 0.01% |
18,760
| – | – |
|
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.