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 | |
|---|---|---|---|---|---|---|
|
CYS
1576
DELISTED
CYS Investments Inc.
CYS
| $4.01M | 0.01% |
531,800
+208,000
| +64% | +$1.67M |
|
|
TIVO
1577
DELISTED
TIVO INC
TIVO
| $4.01M | 0.01% |
309,800
+3,828
| +1% | +$49.5K |
|
|
ACET
1578
DELISTED
Aceto Corp
ACET
| $4M | 0.01% |
171,133
+13,213
| +8% | +$253K |
|
1579
Invesco Mortgage Capital
IVR
$800M
| $3.99M | 0.01% |
27,120
-160
| -0.6% | -$24.3K |
|
1580
HEICO Corp Class A
HEI.A
$37B
| $3.98M | 0.01% |
223,999
+10,986
| +5% | +$179K |
|
|
CTCT
1581
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $3.98M | 0.01% |
133,716
+22,361
| +20% | +$589K |
|
|
ACAS
1582
DELISTED
American Capital Ltd
ACAS
| $3.97M | 0.01% |
256,700
+243,300
| +1,816% | +$3.52M |
|
|
RFMD
1583
DELISTED
RF MICRO DEVICES INC
RFMD
| $3.97M | 0.01% |
767,500
+6,617
| +0.9% | +$35.5K |
|
1584
eHealth
EHTH
$39.7M
| $3.95M | 0.01% |
85,270
+12,951
| +18% | +$540K |
|
|
MDVN
1585
DELISTED
MEDIVATION, INC.
MDVN
| $3.94M | 0.01% |
123,000
-171,688
| -58% | -$5.19M |
|
|
CZZ
1586
DELISTED
Cosan Limited
CZZ
| $3.94M | 0.01% |
289,400
-5,600
| -2% | -$83.7K |
|
1587
Home BancShares
HOMB
$6.22B
| $3.94M | 0.01% |
203,176
+9,500
| +5% | +$164K |
|
1588
Crocs
CROX
$6.35B
| $3.94M | 0.01% |
295,900
+13,841
| +5% | +$184K |
|
1589
Calumet Specialty Products
CLMT
$4.13B
| $3.93M | 0.01% |
148,000
+3,500
| +2% | +$97.8K |
|
1590
Simpson Manufacturing
SSD
$8.15B
| $3.92M | 0.01% |
105,260
+14,152
| +16% | +$492K |
|
|
GK
1591
DELISTED
G&K Services Inc
GK
| $3.91M | 0.01% |
61,794
+521
| +0.9% | +$31.4K |
|
|
KMI.WS
1592
DELISTED
Kinder Morgan Inc
KMI.WS
| $3.91M | 0.01% |
1,028,569
+21,568
| +2% | +$93.1K |
|
|
JNY
1593
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $3.89M | 0.01% |
261,900
+49,411
| +23% | +$716K |
|
1594
Columbia Banking Systems
COLB
$8.97B
| $3.89M | 0.01% |
138,039
-2,136
| -2% | -$56K |
|
|
GTIV
1595
DELISTED
GENTIVA HEALTH SERVICES INC
GTIV
| $3.89M | 0.01% |
310,045
+38,286
| +14% | +$461K |
|
|
ABAX
1596
DELISTED
Abaxis Inc
ABAX
| $3.89M | 0.01% |
99,837
+20,578
| +26% | +$760K |
|
1597
Veeco
VECO
$3.06B
| $3.87M | 0.01% |
121,000
+21,596
| +22% | +$698K |
|
|
DENN
1598
DELISTED
Denny's
DENN
| $3.87M | 0.01% |
524,700
-18,650
| -3% | -$127K |
|
|
CPE
1599
DELISTED
Callon Petroleum Company
CPE
| $3.86M | 0.01% |
59,722
-138
| -0.2% | -$8.82K |
|
|
ARNA
1600
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.86M | 0.01% |
64,520
-984
| -2% | -$51.4K |
|
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.