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 | |
|---|---|---|---|---|---|---|
1476
Universal Display
OLED
$4.27B
| $4.58M | 0.01% |
135,000
+36,034
| +36% | +$1.2M |
|
|
BBEP
1477
DELISTED
BREITBURN ENERGY PARTNERS LP COM UNITS RPTNG LTD PRTNRSHIP
BBEP
| $4.57M | 0.01% |
228,700
+7,800
| +4% | +$149K |
|
|
TBI
1478
Trueblue
TBI
$319M
| $4.57M | 0.01% |
175,500
-32,211
| -16% | -$804K |
|
1479
Semtech
SMTC
$12.3B
| $4.56M | 0.01% |
182,240
+23,440
| +15% | +$692K |
|
1480
World Acceptance Corp
WRLD
$884M
| $4.56M | 0.01% |
52,583
+7,847
| +18% | +$732K |
|
|
JOBS
1481
DELISTED
51job Inc
JOBS
| $4.56M | 0.01% |
116,984
+27,490
| +31% | +$1.03M |
|
|
CEQP
1482
DELISTED
Crestwood Equity Partners LP
CEQP
| $4.55M | 0.01% |
+33,550
| New | +$4.8M |
|
|
COHR
1483
DELISTED
Coherent Inc
COHR
| $4.55M | 0.01% |
61,400
+1,610
| +3% | +$108K |
|
|
MLNX
1484
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $4.54M | 0.01% |
114,262
| – | – |
|
1485
Cimpress
CMPR
$2.32B
| $4.54M | 0.01% |
78,816
-16,700
| -17% | -$927K |
|
|
FGP
1486
DELISTED
Ferrellgas Partners, L.P.
FGP
| $4.54M | 0.01% |
195,945
+3,700
| +2% | +$85.4K |
|
|
AEGR
1487
DELISTED
Aegerion Pharmaceuticals
AEGR
| $4.52M | 0.01% |
64,513
+39,713
| +160% | +$3.04M |
|
1488
Andersons Inc
ANDE
$2.21B
| $4.51M | 0.01% |
73,350
+32,032
| +78% | +$1.7M |
|
|
EXPR
1489
DELISTED
Express, Inc.
EXPR
| $4.51M | 0.01% |
12,250
-25
| -0.2% | -$11K |
|
|
IPCM
1490
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
| $4.51M | 0.01% |
75,167
+14,390
| +24% | +$816K |
|
1491
Kaiser Aluminum
KALU
$3.12B
| $4.5M | 0.01% |
64,674
+24,923
| +63% | +$1.7M |
|
1492
Dynagas LNG Partners
DLNG
$141M
| $4.5M | 0.01% |
+200,000
| New | +$3.92M |
|
1493
First Bancorp
FBP
$4.44B
| $4.5M | 0.01% |
746,000
+92,300
| +14% | +$529K |
|
1494
National CineMedia
NCMI
$365M
| $4.5M | 0.01% |
22,492
+8,704
| +63% | +$1.62M |
|
|
DYN
1495
DELISTED
Dynegy, Inc.
DYN
| $4.5M | 0.01% |
208,519
-4,300
| -2% | -$87.5K |
|
|
AMSG
1496
DELISTED
Amsurg Corp
AMSG
| $4.48M | 0.01% |
97,615
+6,772
| +7% | +$299K |
|
1497
Acadia Healthcare
ACHC
$2.96B
| $4.46M | 0.01% |
92,928
+40,528
| +77% | +$1.76M |
|
1498
City Holding Co
CHCO
$2.04B
| $4.45M | 0.01% |
94,504
+400
| +0.4% | +$18.4K |
|
|
SYKE
1499
DELISTED
SYKES Enterprises Inc
SYKE
| $4.45M | 0.01% |
202,765
+4,288
| +2% | +$86K |
|
1500
AllianceBernstein
AB
$3.48B
| $4.45M | 0.01% |
207,000
+2,900
| +1% | +$62.3K |
|
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.