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 | |
|---|---|---|---|---|---|---|
1451
UMB Financial
UMBF
$11.2B
| $3.82M | 0.01% |
70,257
+10,500
| +18% | +$612K |
|
|
TLAB
1452
DELISTED
TELLABS INC
TLAB
| $3.81M | 0.01% |
1,678,347
+214,600
| +15% | +$486K |
|
1453
Canadian Solar
CSIQ
$1.08B
| $3.81M | 0.01% |
224,200
-59,700
| -21% | -$798K |
|
|
ELME
1454
Elme Communities
ELME
$143M
| $3.81M | 0.01% |
150,709
+25,700
| +21% | +$667K |
|
1455
Blackbaud
BLKB
$2.09B
| $3.81M | 0.01% |
97,507
+38,600
| +66% | +$1.38M |
|
|
TIVO
1456
DELISTED
TIVO INC
TIVO
| $3.81M | 0.01% |
305,972
+41,900
| +16% | +$483K |
|
1457
Ternium
TX
$10.8B
| $3.81M | 0.01% |
158,400
-7,513
| -5% | -$178K |
|
|
SAFM
1458
DELISTED
Sanderson Farms Inc
SAFM
| $3.79M | 0.01% |
58,052
-2,400
| -4% | -$166K |
|
1459
DexCom
DXCM
$33.6B
| $3.77M | 0.01% |
534,480
+166,400
| +45% | +$1.05M |
|
1460
Trustmark
TRMK
$2.76B
| $3.77M | 0.01% |
147,338
+26,787
| +22% | +$701K |
|
|
CPLA
1461
DELISTED
Capella Education Company
CPLA
| $3.77M | 0.01% |
66,638
+4,600
| +7% | +$237K |
|
1462
E.W. Scripps
SSP
$290M
| $3.76M | 0.01% |
231,147
-12,847
| -5% | -$185K |
|
|
ALEX
1463
DELISTED
Alexander & Baldwin
ALEX
| $3.76M | 0.01% |
104,482
+16,500
| +19% | +$659K |
|
|
HTS
1464
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $3.76M | 0.01% |
200,980
+1,970
| +1% | +$39.6K |
|
|
FOE
1465
DELISTED
Ferro Corporation
FOE
| $3.75M | 0.01% |
412,169
-30,400
| -7% | -$227K |
|
1466
TETRA Technologies
TTI
$1.29B
| $3.75M | 0.01% |
299,359
+6,100
| +2% | +$69.7K |
|
|
UIL
1467
DELISTED
UIL HOLDINGS
UIL
| $3.75M | 0.01% |
100,846
+29,700
| +42% | +$1.15M |
|
|
BEBE
1468
DELISTED
Bebe Stores Inc
BEBE
| $3.74M | 0.01% |
61,404
+960
| +2% | +$55.9K |
|
1469
Korn Ferry
KFY
$4.3B
| $3.73M | 0.01% |
174,519
+46,000
| +36% | +$910K |
|
1470
Pilgrim's Pride
PPC
$6.28B
| $3.73M | 0.01% |
221,877
-30,438
| -12% | -$502K |
|
1471
InterDigital
IDCC
$8.9B
| $3.72M | 0.01% |
99,699
+14,900
| +18% | +$562K |
|
1472
First Bancorp
FBP
$4.42B
| $3.71M | 0.01% |
653,700
+495,216
| +312% | +$3.5M |
|
|
WMGI
1473
DELISTED
Wright Medical Group Inc
WMGI
| $3.71M | 0.01% |
142,088
+13,975
| +11% | +$365K |
|
1474
Veeco
VECO
$3.05B
| $3.7M | 0.01% |
99,404
+16,700
| +20% | +$584K |
|
|
GK
1475
DELISTED
G&K Services Inc
GK
| $3.7M | 0.01% |
61,273
+7,500
| +14% | +$404K |
|
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.