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 | |
|---|---|---|---|---|---|---|
1526
Green Plains
GPRE
$1.09B
| $3.4M | 0.01% |
211,600
-1,400
| -0.7% | -$22.6K |
|
1527
Rithm Capital
RITM
$5.75B
| $3.4M | 0.01% |
256,500
-38,088
| -13% | -$499K |
|
|
CONN
1528
DELISTED
Conn's Inc.
CONN
| $3.4M | 0.01% |
67,837
+9,300
| +16% | +$550K |
|
|
GRT
1529
DELISTED
GLIMCHER REALTY TRUST
GRT
| $3.39M | 0.01% |
347,966
+51,713
| +17% | +$554K |
|
1530
Middlesex Water
MSEX
$1.1B
| $3.39M | 0.01% |
158,440
+5,900
| +4% | +$124K |
|
1531
Amkor Technology
AMKR
$13.3B
| $3.38M | 0.01% |
788,851
+2,200
| +0.3% | +$9.44K |
|
|
GNCMA
1532
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $3.38M | 0.01% |
354,594
+78,400
| +28% | +$721K |
|
|
YOKU
1533
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $3.37M | 0.01% |
123,000
+30,700
| +33% | +$704K |
|
|
EGOV
1534
DELISTED
NIC Inc
EGOV
| $3.36M | 0.01% |
145,559
+45,200
| +45% | +$939K |
|
1535
Comstock Resources
CRK
$4.23B
| $3.36M | 0.01% |
42,216
+6,560
| +18% | +$525K |
|
|
NRF
1536
DELISTED
NorthStar Realty Finance Corp.
NRF
| $3.36M | 0.01% |
184,138
+37,889
| +26% | +$690K |
|
|
IQNT
1537
DELISTED
Inteliquent, Inc.
IQNT
| $3.35M | 0.01% |
+347,293
| New | +$2.77M |
|
|
AXON
1538
Axon Enterprise
AXON
$51.3B
| $3.35M | 0.01% |
224,653
+63,707
| +40% | +$684K |
|
|
MKTG
1539
DELISTED
RESPONSYS INC COM STK (CA)
MKTG
| $3.35M | 0.01% |
202,900
+3,100
| +2% | +$45.8K |
|
1540
Barrett Business Services
BBSI
$762M
| $3.35M | 0.01% |
198,800
+9,996
| +5% | +$163K |
|
|
STP
1541
DELISTED
SUNTECH POWER HOLDINGS CO., LTD
STP
| $3.34M | 0.01% |
1,964,500
+240,300
| +14% | +$298K |
|
|
DRIV
1542
DELISTED
DIGITAL RIVER INC.
DRIV
| $3.34M | 0.01% |
186,784
+22,500
| +14% | +$407K |
|
|
RP
1543
DELISTED
RealPage, Inc.
RP
| $3.34M | 0.01% |
144,094
+43,400
| +43% | +$910K |
|
|
ABAX
1544
DELISTED
Abaxis Inc
ABAX
| $3.34M | 0.01% |
79,259
+8,700
| +12% | +$377K |
|
|
MDSO
1545
DELISTED
Medidata Solutions, Inc.
MDSO
| $3.33M | 0.01% |
67,400
+30,200
| +81% | +$1.33M |
|
1546
Geospace Technologies
GEOS
$69.6M
| $3.33M | 0.01% |
39,466
+5,000
| +15% | +$372K |
|
|
REXX
1547
DELISTED
Rex Energy Corporation
REXX
| $3.33M | 0.01% |
14,914
-1,150
| -7% | -$232K |
|
|
DENN
1548
DELISTED
Denny's
DENN
| $3.33M | 0.01% |
543,350
+33,500
| +7% | +$195K |
|
|
SHFL
1549
DELISTED
SHFL ENTMT INC
SHFL
| $3.33M | 0.01% |
144,551
+21,100
| +17% | +$466K |
|
|
VNR
1550
DELISTED
Vanguard Natural Resources, LLC
VNR
| $3.32M | 0.01% |
118,800
+28,800
| +32% | +$789K |
|
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.