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 | |
|---|---|---|---|---|---|---|
1651
California Water Service
CWT
$3.09B
| $3.63M | 0.01% |
157,379
+41,116
| +35% | +$895K |
|
|
VISN
1652
Vistance Networks Inc
VISN
$2.67B
| $3.62M | 0.01% |
+200,000
| New | +$3.29M |
|
|
RUTH
1653
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.62M | 0.01% |
240,318
+3,239
| +1% | +$42.6K |
|
|
TMHC
1654
DELISTED
Taylor Morrison
TMHC
| $3.62M | 0.01% |
164,421
+163,121
| +12,548% | +$3.51M |
|
1655
CVR Energy
CVI
$3.39B
| $3.62M | 0.01% |
84,000
-700
| -0.8% | -$27.1K |
|
1656
First Merchants
FRME
$2.69B
| $3.61M | 0.01% |
156,439
+19,915
| +15% | +$399K |
|
|
NUVA
1657
DELISTED
NuVasive, Inc.
NUVA
| $3.61M | 0.01% |
111,200
-1,858
| -2% | -$55.8K |
|
1658
SouthState Bank Corp
SSB
$10.7B
| $3.61M | 0.01% |
52,915
+5,045
| +11% | +$309K |
|
|
GPX
1659
DELISTED
GP Strategies Corp.
GPX
| $3.6M | 0.01% |
122,000
+700
| +0.6% | +$19.6K |
|
|
VNET
1660
VNET Group
VNET
$2.12B
| $3.59M | 0.01% |
157,200
-1,400
| -0.9% | -$26.8K |
|
|
ORIG
1661
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $3.58M | 0.01% |
20
+6
| +43% | +$1.07M |
|
|
BAGL
1662
DELISTED
EINSTEIN NOAH RESTAURANT GROUP, INC CMN STK (DELAWARE)
BAGL
| $3.58M | 0.01% |
234,600
+199,940
| +577% | +$3.33M |
|
|
EGOV
1663
DELISTED
NIC Inc
EGOV
| $3.57M | 0.01% |
148,842
+3,283
| +2% | +$77.4K |
|
|
BLOX
1664
DELISTED
Infoblox Inc
BLOX
| $3.57M | 0.01% |
110,294
+68,494
| +164% | +$2.68M |
|
1665
Sanmina
SANM
$10.8B
| $3.56M | 0.01% |
215,810
-11,200
| -5% | -$180K |
|
1666
Group 1 Automotive
GPI
$3.22B
| $3.54M | 0.01% |
49,781
+4,219
| +9% | +$288K |
|
|
NTK
1667
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $3.54M | 0.01% |
47,112
+15,112
| +47% | +$1.08M |
|
1668
Teleflex
TFX
$5.91B
| $3.54M | 0.01% |
37,497
-46,627
| -55% | -$4.27M |
|
|
BONT
1669
DELISTED
Bon-Ton Stores Inc/The
BONT
| $3.54M | 0.01% |
209,949
+34,950
| +20% | +$487K |
|
|
PTRY
1670
DELISTED
PANTRY INC (THE)
PTRY
| $3.54M | 0.01% |
203,900
-925
| -0.5% | -$12.9K |
|
|
VSI
1671
DELISTED
Vitamin Shoppe Inc.
VSI
| $3.54M | 0.01% |
67,300
+1,600
| +2% | +$79.1K |
|
1672
Chunghwa Telecom
CHT
$32.9B
| $3.54M | 0.01% |
+114,351
| New | +$3.57M |
|
|
FOE
1673
DELISTED
Ferro Corporation
FOE
| $3.53M | 0.01% |
276,800
-135,369
| -33% | -$1.64M |
|
|
MEAS
1674
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $3.53M | 0.01% |
59,150
-11,863
| -17% | -$657K |
|
1675
Allegiant Air
ALGT
$2.41B
| $3.52M | 0.01% |
32,647
-6,508
| -17% | -$690K |
|
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.