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 | |
|---|---|---|---|---|---|---|
|
WMS
1376
DELISTED
WMS INDS INC
WMS
| $4.21M | 0.01% |
162,086
+19,200
| +13% | +$495K |
|
1377
Invesco Mortgage Capital
IVR
$795M
| $4.2M | 0.01% |
27,280
+281
| +1% | +$44.4K |
|
1378
Modine Manufacturing
MOD
$10.1B
| $4.19M | 0.01% |
286,427
+35,100
| +14% | +$458K |
|
|
DRYS
1379
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
|
BRS
1380
DELISTED
Bristow Group, Inc.
BRS
| $4.19M | 0.01% |
57,526
+11,900
| +26% | +$817K |
|
|
CKP
1381
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $4.18M | 0.01% |
250,093
-6,500
| -3% | -$104K |
|
|
STMP
1382
DELISTED
Stamps.com, Inc.
STMP
| $4.17M | 0.01% |
90,908
-4,200
| -4% | -$176K |
|
1383
Buckle
BKE
$2.4B
| $4.17M | 0.01% |
79,057
+9,729
| +14% | +$513K |
|
|
PCH
1384
DELISTED
PotlatchDeltic
PCH
| $4.17M | 0.01% |
105,130
+7,200
| +7% | +$296K |
|
|
BDN
1385
Brandywine Realty Trust
BDN
$530M
| $4.16M | 0.01% |
315,609
+60,600
| +24% | +$818K |
|
|
ALE
1386
DELISTED
Allete
ALE
| $4.16M | 0.01% |
86,053
+14,235
| +20% | +$709K |
|
|
CLD
1387
DELISTED
Cloud Peak Energy Inc
CLD
| $4.15M | 0.01% |
283,100
+39,900
| +16% | +$640K |
|
|
CRAY
1388
DELISTED
Cray, Inc.
CRAY
| $4.15M | 0.01% |
172,439
+15,400
| +10% | +$375K |
|
|
DFT
1389
DELISTED
DuPont Fabros Technology Inc.
DFT
| $4.15M | 0.01% |
161,087
+25,300
| +19% | +$600K |
|
|
STEI
1390
DELISTED
STEWART ENTERPRISES INC CL-A
STEI
| $4.14M | 0.01% |
315,354
+10,300
| +3% | +$135K |
|
1391
Molina Healthcare
MOH
$10.4B
| $4.14M | 0.01% |
116,376
+25,700
| +28% | +$949K |
|
1392
Allegiant Air
ALGT
$2.41B
| $4.13M | 0.01% |
39,155
+9,600
| +32% | +$948K |
|
1393
Texas Capital Bancshares
TCBI
$4.32B
| $4.13M | 0.01% |
89,743
+15,700
| +21% | +$723K |
|
1394
Heartland Express
HTLD
$911M
| $4.12M | 0.01% |
290,611
+20,500
| +8% | +$294K |
|
1395
Mueller Water Products
MWA
$4.07B
| $4.12M | 0.01% |
515,908
-15,600
| -3% | -$120K |
|
1396
Navios Maritime Partners
NMM
$2.24B
| $4.12M | 0.01% |
18,760
+1,807
| +11% | +$396K |
|
|
DYN
1397
DELISTED
Dynegy, Inc.
DYN
| $4.11M | 0.01% |
212,819
+43,037
| +25% | +$872K |
|
1398
Hope Bancorp
HOPE
$1.79B
| $4.11M | 0.01% |
298,684
+23,667
| +9% | +$341K |
|
1399
Virtus Investment Partners
VRTS
$1.11B
| $4.11M | 0.01% |
25,266
+13,100
| +108% | +$2.37M |
|
|
AJRD
1400
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $4.11M | 0.01% |
256,300
+29,700
| +13% | +$487K |
|
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.