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 | |
|---|---|---|---|---|---|---|
|
QLGC
1451
DELISTED
QLOGIC CORP
QLGC
| $4.73M | 0.01% |
409,056
+4,284
| +1% | +$49.9K |
|
|
PDCE
1452
DELISTED
PDC Energy, Inc.
PDCE
| $4.71M | 0.01% |
87,300
+21,637
| +33% | +$1.32M |
|
|
B
1453
DELISTED
Barnes Group Inc.
B
| $4.7M | 0.01% |
122,495
+19,737
| +19% | +$720K |
|
|
KWK
1454
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $4.69M | 0.01% |
1,600,800
+206,408
| +15% | +$537K |
|
1455
Nexstar Media Group
NXST
$5.91B
| $4.68M | 0.01% |
84,021
-16,379
| -16% | -$782K |
|
1456
Penske Automotive Group
PAG
$14.2B
| $4.68M | 0.01% |
98,700
-2,035
| -2% | -$87K |
|
|
GTAT
1457
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $4.68M | 0.01% |
552,300
+15,780
| +3% | +$140K |
|
1458
Dorman Products
DORM
$3.95B
| $4.67M | 0.01% |
84,146
-8,600
| -9% | -$432K |
|
|
OVTI
1459
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $4.66M | 0.01% |
272,445
+111,390
| +69% | +$1.69M |
|
1460
Icon
ICLR
$12.8B
| $4.65M | 0.01% |
116,715
-5,285
| -4% | -$210K |
|
|
BGG
1461
DELISTED
Briggs & Stratton Corp.
BGG
| $4.65M | 0.01% |
210,600
-855
| -0.4% | -$16.9K |
|
|
CQB
1462
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $4.64M | 0.01% |
387,800
-19,038
| -5% | -$210K |
|
|
RSH
1463
DELISTED
RADIOSHACK CORP
RSH
| $4.64M | 0.01% |
1,777,100
-4,230
| -0.2% | -$12.3K |
|
|
IOC
1464
DELISTED
Interoil Corporation
IOC
| $4.63M | 0.01% |
89,500
| – | – |
|
|
TRAK
1465
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $4.63M | 0.01% |
96,655
+20,135
| +26% | +$838K |
|
1466
Five Below
FIVE
$13B
| $4.63M | 0.01% |
106,007
+31,007
| +41% | +$1.49M |
|
|
HEES
1467
DELISTED
H&E Equipment Services
HEES
| $4.62M | 0.01% |
152,705
+42,373
| +38% | +$1.16M |
|
|
EE
1468
DELISTED
El Paso Electric Company
EE
| $4.62M | 0.01% |
133,150
+13,880
| +12% | +$482K |
|
|
BEE
1469
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $4.61M | 0.01% |
488,729
+39,880
| +9% | +$353K |
|
1470
HNI Corp
HNI
$3.54B
| $4.61M | 0.01% |
117,000
+627
| +0.5% | +$23.8K |
|
1471
Adtran
ADTN
$622M
| $4.6M | 0.01% |
169,600
-585
| -0.3% | -$14.7K |
|
|
MCF
1472
DELISTED
Contango Oil & Gas Co.
MCF
| $4.59M | 0.01% |
98,847
+16,130
| +20% | +$709K |
|
1473
Nokia
NOK
$51B
| $4.58M | 0.01% |
+581,083
| New | +$4.37M |
|
|
HERO
1474
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
| $4.58M | 0.01% |
719,836
+225,564
| +46% | +$1.52M |
|
|
TCP
1475
DELISTED
TC Pipelines LP
TCP
| $4.58M | 0.01% |
96,100
+1,800
| +2% | +$86.5K |
|
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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.