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 | |
|---|---|---|---|---|---|---|
1351
Acadia Pharmaceuticals
ACAD
$5.06B
| $4.33M | 0.01% |
157,600
+31,250
| +25% | +$653K |
|
|
FSP
1352
Franklin Street Properties
FSP
$45.3M
| $4.31M | 0.01% |
338,177
+36,100
| +12% | +$470K |
|
1353
Penske Automotive Group
PAG
$14.2B
| $4.3M | 0.01% |
100,735
-5,983
| -6% | -$229K |
|
1354
National Health Investors
NHI
$3.59B
| $4.3M | 0.01% |
75,537
+9,700
| +15% | +$579K |
|
1355
Tetra Tech
TTEK
$8.97B
| $4.3M | 0.01% |
829,695
+121,000
| +17% | +$580K |
|
|
RFMD
1356
DELISTED
RF MICRO DEVICES INC
RFMD
| $4.29M | 0.01% |
760,883
+196,600
| +35% | +$1.03M |
|
1357
DXP Enterprises
DXPE
$2.99B
| $4.29M | 0.01% |
54,260
+3,900
| +8% | +$275K |
|
1358
Post Holdings
POST
$3.45B
| $4.29M | 0.01% |
162,170
+16,197
| +11% | +$473K |
|
|
FGP
1359
DELISTED
Ferrellgas Partners, L.P.
FGP
| $4.29M | 0.01% |
192,245
+20,900
| +12% | +$468K |
|
|
UNTD
1360
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $4.29M | 0.01% |
76,710
+5,157
| +7% | +$290K |
|
|
EFOR
1361
Everforth Inc
EFOR
$1.33B
| $4.28M | 0.01% |
129,829
+26,000
| +25% | +$806K |
|
1362
Radian Group
RDN
$4.87B
| $4.28M | 0.01% |
307,177
+66,100
| +27% | +$883K |
|
1363
Bank OZK
OZK
$5.63B
| $4.26M | 0.01% |
177,692
+24,600
| +16% | +$578K |
|
|
BLC
1364
DELISTED
BELO CORP SER A
BLC
| $4.26M | 0.01% |
310,938
+800
| +0.3% | +$11.3K |
|
|
BGG
1365
DELISTED
Briggs & Stratton Corp.
BGG
| $4.25M | 0.01% |
211,455
+13,800
| +7% | +$278K |
|
|
BPT
1366
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $4.25M | 0.01% |
49,000
+8,300
| +20% | +$731K |
|
1367
Power Integrations
POWI
$3.46B
| $4.25M | 0.01% |
156,860
+30,600
| +24% | +$793K |
|
|
CWEI
1368
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $4.24M | 0.01% |
80,887
+2,300
| +3% | +$120K |
|
1369
Provident Financial Services
PFS
$3.17B
| $4.24M | 0.01% |
261,665
+25,400
| +11% | +$429K |
|
|
WP
1370
DELISTED
Worldpay, Inc.
WP
| $4.24M | 0.01% |
151,800
+30,116
| +25% | +$821K |
|
1371
Watts Water Technologies
WTS
$12.8B
| $4.22M | 0.01% |
74,941
+5,900
| +9% | +$314K |
|
|
BRKL
1372
DELISTED
Brookline Bancorp
BRKL
| $4.22M | 0.01% |
448,365
+29,300
| +7% | +$276K |
|
|
ARUN
1373
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $4.22M | 0.01% |
253,539
+2,621
| +1% | +$45.8K |
|
1374
HNI Corp
HNI
$3.54B
| $4.21M | 0.01% |
116,373
+15,400
| +15% | +$568K |
|
|
HR
1375
DELISTED
Healthcare Realty Trust Incorporated
HR
| $4.21M | 0.01% |
182,138
+35,600
| +24% | +$866K |
|
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.