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 | |
|---|---|---|---|---|---|---|
|
ACI
1676
DELISTED
ARCH COAL, INC.
ACI
| $2.85M | 0.01% |
69,243
+8,270
| +14% | +$359K |
|
1677
Insulet
PODD
$10B
| $2.84M | 0.01% |
78,465
+20,000
| +34% | +$671K |
|
1678
Federal Signal
FSS
$7.86B
| $2.84M | 0.01% |
220,434
+68,700
| +45% | +$754K |
|
|
TBRG
1679
DELISTED
TruBridge
TBRG
| $2.84M | 0.01% |
48,497
+4,400
| +10% | +$243K |
|
1680
KB Home
KBH
$3.54B
| $2.83M | 0.01% |
157,275
+32,000
| +26% | +$560K |
|
1681
Kaiser Aluminum
KALU
$3.16B
| $2.83M | 0.01% |
39,751
+7,400
| +23% | +$500K |
|
1682
Haverty Furniture Companies
HVT
$443M
| $2.83M | 0.01% |
115,370
-3,100
| -3% | -$78.2K |
|
|
RT
1683
DELISTED
Ruby Tuesday Georgia
RT
| $2.83M | 0.01% |
377,139
+22,300
| +6% | +$178K |
|
|
RUTH
1684
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.81M | 0.01% |
237,079
+200
| +0.1% | +$2.45K |
|
1685
Dycom Industries
DY
$12.1B
| $2.81M | 0.01% |
100,392
+13,300
| +15% | +$348K |
|
1686
Anika Therapeutics
ANIK
$284M
| $2.81M | 0.01% |
117,200
+26,300
| +29% | +$590K |
|
|
FIG
1687
DELISTED
Fortress Investment Group Llc
FIG
| $2.81M | 0.01% |
353,300
+76,000
| +27% | +$571K |
|
1688
Forward Air
FWRD
$628M
| $2.8M | 0.01% |
69,415
+11,500
| +20% | +$438K |
|
1689
Pacific Biosciences
PACB
$354M
| $2.79M | 0.01% |
505,000
| – | – |
|
|
ISBC
1690
DELISTED
Investors Bancorp, Inc.
ISBC
| $2.79M | 0.01% |
324,643
+53,529
| +20% | +$459K |
|
1691
Northwest Natural Holdings
NWN
$2.12B
| $2.79M | 0.01% |
66,363
+15,600
| +31% | +$663K |
|
|
NXGN
1692
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $2.79M | 0.01% |
128,232
+17,400
| +16% | +$371K |
|
1693
Fuel Tech
FTEK
$43.7M
| $2.79M | 0.01% |
638,797
| – | – |
|
1694
Perdoceo Education
PRDO
$1.95B
| $2.79M | 0.01% |
1,009,196
+24,700
| +3% | +$76K |
|
1695
McGrath RentCorp
MGRC
$2.95B
| $2.78M | 0.01% |
77,902
+8,100
| +12% | +$282K |
|
|
EEQ
1696
DELISTED
Enbridge Energy Management Llc
EEQ
| $2.78M | 0.01% |
152,027
+40,857
| +37% | +$780K |
|
1697
Century Aluminum
CENX
$5.18B
| $2.77M | 0.01% |
344,750
+8,500
| +3% | +$75.2K |
|
|
NUVA
1698
DELISTED
NuVasive, Inc.
NUVA
| $2.77M | 0.01% |
113,058
+17,400
| +18% | +$428K |
|
|
MWW
1699
DELISTED
Monster Worldwide Inc
MWW
| $2.77M | 0.01% |
626,166
+106,400
| +20% | +$522K |
|
|
WPP
1700
DELISTED
WAUSAU PAPER CORP.
WPP
| $2.77M | 0.01% |
213,025
-1,700
| -0.8% | -$20.1K |
|
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.