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 | |
|---|---|---|---|---|---|---|
|
PBY
1576
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $3.23M | 0.01% |
258,996
+19,100
| +8% | +$231K |
|
1577
Columbia Sportswear
COLM
$2.88B
| $3.23M | 0.01% |
107,196
+9,400
| +10% | +$287K |
|
|
SWC
1578
DELISTED
Stillwater Mining Co
SWC
| $3.22M | 0.01% |
292,784
+96,500
| +49% | +$1.12M |
|
1579
Minerals Technologies
MTX
$2.3B
| $3.22M | 0.01% |
65,148
+13,500
| +26% | +$622K |
|
|
UTEK
1580
DELISTED
Ultratech Inc.
UTEK
| $3.22M | 0.01% |
106,136
+11,100
| +12% | +$340K |
|
|
JOBS
1581
DELISTED
51job Inc
JOBS
| $3.21M | 0.01% |
89,494
-10,600
| -11% | -$353K |
|
|
SIRE
1582
DELISTED
Sisecam Resources LP
SIRE
| $3.21M | 0.01% |
+175,000
| New | +$3.18M |
|
|
LNW
1583
DELISTED
Light & Wonder
LNW
| $3.21M | 0.01% |
198,399
+8,100
| +4% | +$115K |
|
|
PDLI
1584
DELISTED
PDL BioPharma, Inc.
PDLI
| $3.2M | 0.01% |
401,664
-19,500
| -5% | -$157K |
|
|
CUB
1585
DELISTED
Cubic Corporation
CUB
| $3.2M | 0.01% |
59,575
+8,000
| +16% | +$412K |
|
1586
Pebblebrook Hotel Trust
PEB
$2.01B
| $3.19M | 0.01% |
111,271
+23,300
| +26% | +$636K |
|
1587
HUB Group
HUBG
$2.32B
| $3.19M | 0.01% |
162,826
+28,600
| +21% | +$544K |
|
|
TPC
1588
Tutor Perini Cor
TPC
$5.13B
| $3.19M | 0.01% |
149,704
-20,800
| -12% | -$402K |
|
|
JNY
1589
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $3.19M | 0.01% |
212,489
+28,400
| +15% | +$446K |
|
1590
Matsons
MATX
$6.11B
| $3.19M | 0.01% |
121,482
+15,600
| +15% | +$432K |
|
|
PNK
1591
DELISTED
Pinnacle Entertainment Inc.
PNK
| $3.18M | 0.01% |
127,107
+26,300
| +26% | +$590K |
|
1592
Albany International
AIN
$1.79B
| $3.18M | 0.01% |
88,652
+9,100
| +11% | +$315K |
|
|
GPX
1593
DELISTED
GP Strategies Corp.
GPX
| $3.18M | 0.01% |
121,300
+10,959
| +10% | +$284K |
|
|
HA
1594
DELISTED
Hawaiian Holdings, Inc.
HA
| $3.18M | 0.01% |
427,249
+18,600
| +5% | +$133K |
|
|
DMC
1595
Del Monte Corp
DMC
$1.45B
| $3.17M | 0.01% |
106,796
+14,800
| +16% | +$431K |
|
1596
Universal Display
OLED
$4.32B
| $3.17M | 0.01% |
98,966
+15,800
| +19% | +$505K |
|
1597
CVR Partners
UAN
$1.27B
| $3.17M | 0.01% |
17,880
+1,460
| +9% | +$296K |
|
1598
Carriage Services
CSV
$534M
| $3.16M | 0.01% |
163,100
+6,700
| +4% | +$123K |
|
1599
Pegasystems
PEGA
$5.44B
| $3.15M | 0.01% |
316,732
+32,800
| +12% | +$300K |
|
|
TOO
1600
DELISTED
Teekay Offshore Partners L.P.
TOO
| $3.13M | 0.01% |
93,800
+20,900
| +29% | +$684K |
|
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.