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 | |
|---|---|---|---|---|---|---|
|
WWAV
1351
DELISTED
The WhiteWave Foods Company
WWAV
| $5.46M | 0.01% |
245,700
-6,279
| -2% | -$131K |
|
1352
Greif
GEF
$4.97B
| $5.45M | 0.01% |
104,265
+21,521
| +26% | +$1.13M |
|
|
CAMP
1353
DELISTED
CalAmp Corp.
CAMP
| $5.45M | 0.01% |
9,122
-1,678
| -16% | -$936K |
|
|
CRAY
1354
DELISTED
Cray, Inc.
CRAY
| $5.43M | 0.01% |
195,020
+22,581
| +13% | +$531K |
|
1355
Axos Financial
AX
$5.63B
| $5.42M | 0.01% |
274,000
+4,400
| +2% | +$79.1K |
|
|
CLD
1356
DELISTED
Cloud Peak Energy Inc
CLD
| $5.41M | 0.01% |
306,100
+23,000
| +8% | +$374K |
|
|
NRF
1357
DELISTED
NorthStar Realty Finance Corp.
NRF
| $5.41M | 0.01% |
208,439
+24,301
| +13% | +$491K |
|
1358
Fuel Tech
FTEK
$43.1M
| $5.41M | 0.01% |
722,197
+83,400
| +13% | +$508K |
|
|
MZTI
1359
The Marzetti Company
MZTI
$3.13B
| $5.41M | 0.01% |
61,927
+11,457
| +23% | +$966K |
|
|
AJRD
1360
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $5.35M | 0.01% |
298,190
+41,890
| +16% | +$714K |
|
|
PRFT
1361
DELISTED
Perficient Inc
PRFT
| $5.34M | 0.01% |
224,200
+1,159
| +0.5% | +$23.7K |
|
1362
Palo Alto Networks
PANW
$314B
| $5.34M | 0.01% |
570,000
+516,600
| +967% | +$4.09M |
|
1363
SunCoke Energy
SXC
$799M
| $5.34M | 0.01% |
234,800
-3,100
| -1% | -$64K |
|
|
HNGR
1364
DELISTED
Hanger Inc.
HNGR
| $5.33M | 0.01% |
135,912
+21,963
| +19% | +$806K |
|
|
FNFG
1365
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $5.33M | 0.01% |
506,675
-345,062
| -41% | -$3.74M |
|
1366
First Financial Bankshares
FFIN
$4.93B
| $5.32M | 0.01% |
319,600
+3,256
| +1% | +$50.8K |
|
|
PRO
1367
DELISTED
PROS Holdings
PRO
| $5.3M | 0.01% |
131,802
+34,978
| +36% | +$1.26M |
|
|
CONN
1368
DELISTED
Conn's Inc.
CONN
| $5.3M | 0.01% |
66,900
-937
| -1% | -$60.1K |
|
1369
Steven Madden
SHOO
$3.58B
| $5.29M | 0.01% |
218,318
+20,777
| +11% | +$506K |
|
1370
Heartland Express
HTLD
$911M
| $5.28M | 0.01% |
272,646
-17,965
| -6% | -$294K |
|
1371
Scorpio Tankers
STNG
$3.83B
| $5.27M | 0.01% |
44,510
+26,410
| +146% | +$2.96M |
|
|
DRYS
1372
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
|
HMSY
1373
DELISTED
HMS Holdings Corp.
HMSY
| $5.27M | 0.01% |
236,400
+5,440
| +2% | +$118K |
|
|
CTRX
1374
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $5.25M | 0.01% |
109,376
+99,676
| +1,028% | +$4.7M |
|
|
UTIW
1375
DELISTED
UTI WORLDWIDE INC
UTIW
| $5.25M | 0.01% |
299,100
+3,131
| +1% | +$49.3K |
|
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.