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 | |
|---|---|---|---|---|---|---|
1501
Group 1 Automotive
GPI
$3.22B
| $3.54M | 0.01% |
45,562
+8,800
| +24% | +$656K |
|
|
RYL
1502
DELISTED
RYLAND GROUP INC
RYL
| $3.54M | 0.01% |
87,234
+16,300
| +23% | +$628K |
|
1503
Silicon Laboratories
SLAB
$7.2B
| $3.52M | 0.01% |
82,538
+15,300
| +23% | +$633K |
|
|
RPAI
1504
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $3.52M | 0.01% |
256,200
+71,200
| +38% | +$1.01M |
|
1505
Caleres
CAL
$481M
| $3.52M | 0.01% |
149,805
+30,100
| +25% | +$700K |
|
|
SOL
1506
DELISTED
Emeren Group
SOL
| $3.51M | 0.01% |
140,760
-7,080
| -5% | -$145K |
|
|
MEG
1507
DELISTED
Media General, Inc
MEG
| $3.51M | 0.01% |
246,280
+14,200
| +6% | +$157K |
|
|
NTI
1508
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $3.51M | 0.01% |
178,100
+172,800
| +3,260% | +$3.84M |
|
1509
HEICO Corp Class A
HEI.A
$36.9B
| $3.5M | 0.01% |
213,013
+37,308
| +21% | +$531K |
|
|
SNBR
1510
DELISTED
Sleep Number
SNBR
| $3.48M | 0.01% |
143,100
+21,800
| +18% | +$524K |
|
1511
Exponent
EXPO
$3.28B
| $3.48M | 0.01% |
193,764
+21,200
| +12% | +$353K |
|
1512
Nelnet
NNI
$4.52B
| $3.48M | 0.01% |
90,411
+6,700
| +8% | +$259K |
|
1513
Aaon
AAON
$7.08B
| $3.46M | 0.01% |
293,560
+42,187
| +17% | +$457K |
|
1514
Columbia Banking Systems
COLB
$8.99B
| $3.46M | 0.01% |
140,175
+35,200
| +34% | +$863K |
|
1515
Granite Construction
GVA
$5.49B
| $3.45M | 0.01% |
112,866
+10,900
| +11% | +$330K |
|
|
DS
1516
DELISTED
Drive Shack Inc.
DS
| $3.45M | 0.01% |
679,347
+18,510
| +3% | +$93.7K |
|
|
ARNA
1517
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.45M | 0.01% |
65,504
+8,610
| +15% | +$578K |
|
|
PACW
1518
DELISTED
PacWest Bancorp
PACW
| $3.44M | 0.01% |
100,250
+13,702
| +16% | +$464K |
|
|
PKD
1519
DELISTED
Parker Drilling Company
PKD
| $3.43M | 0.01% |
40,133
+9,360
| +30% | +$816K |
|
1520
Sun Communities
SUI
$14.6B
| $3.42M | 0.01% |
80,219
+13,200
| +20% | +$623K |
|
|
SYNT
1521
DELISTED
Syntel Inc
SYNT
| $3.41M | 0.01% |
85,250
+728
| +0.9% | +$26.5K |
|
|
HITT
1522
DELISTED
HITTITE MICROWAVE CORP
HITT
| $3.41M | 0.01% |
52,245
+11,800
| +29% | +$732K |
|
1523
China Yuchai International
CYD
$1.76B
| $3.41M | 0.01% |
143,500
+9,500
| +7% | +$186K |
|
|
BEL
1524
DELISTED
Belmond Ltd.
BEL
| $3.4M | 0.01% |
261,874
+37,600
| +17% | +$472K |
|
|
BRLI
1525
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $3.4M | 0.01% |
113,678
+11,300
| +11% | +$314K |
|
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.