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 | |
|---|---|---|---|---|---|---|
|
USAP
1701
DELISTED
Universal Stainless & Alloy
USAP
| $2.77M | 0.01% |
85,024
+2,600
| +3% | +$74.8K |
|
|
KKD
1702
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $2.76M | 0.01% |
142,799
+53,000
| +59% | +$1.08M |
|
|
IVC
1703
DELISTED
Invacare Corporation
IVC
| $2.76M | 0.01% |
159,872
+17,600
| +12% | +$280K |
|
|
EDE
1704
DELISTED
Empire District Electric
EDE
| $2.75M | 0.01% |
126,997
+16,500
| +15% | +$370K |
|
|
KWK
1705
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $2.75M | 0.01% |
1,394,392
+403,000
| +41% | +$683K |
|
1706
Omnicell
OMCL
$1.68B
| $2.74M | 0.01% |
115,738
+23,400
| +25% | +$522K |
|
|
ANDX
1707
DELISTED
Andeavor Logistics LP
ANDX
| $2.74M | 0.01% |
47,200
+10,685
| +29% | +$591K |
|
1708
Interface
TILE
$2.24B
| $2.73M | 0.01% |
137,652
+25,400
| +23% | +$471K |
|
|
RATE
1709
DELISTED
Bankrate Inc
RATE
| $2.73M | 0.01% |
132,700
+45,500
| +52% | +$780K |
|
|
WTSL
1710
DELISTED
WET SEAL INC CL-A
WTSL
| $2.73M | 0.01% |
693,975
+158,100
| +30% | +$669K |
|
1711
Coherent
COHR
$64.3B
| $2.72M | 0.01% |
144,344
+24,300
| +20% | +$452K |
|
1712
Opko Health
OPK
$1.04B
| $2.72M | 0.01% |
308,439
+80,279
| +35% | +$644K |
|
|
AENZ
1713
DELISTED
Aenza S.A.A.
AENZ
| $2.71M | 0.01% |
+45,333
| New | +$2.81M |
|
|
CAA
1714
DELISTED
CalAtlantic Group, Inc.
CAA
| $2.71M | 0.01% |
68,642
+11,740
| +21% | +$465K |
|
1715
Lithia Motors
LAD
$8.32B
| $2.71M | 0.01% |
37,100
+8,800
| +31% | +$575K |
|
1716
Central Pacific Financial
CPF
$996M
| $2.7M | 0.01% |
152,400
+8,503
| +6% | +$153K |
|
|
BPFH
1717
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $2.7M | 0.01% |
242,934
+41,700
| +21% | +$456K |
|
|
COR
1718
DELISTED
Coresite Realty Corporation
COR
| $2.69M | 0.01% |
79,400
+8,300
| +12% | +$275K |
|
|
LTC
1719
LTC Properties
LTC
$2.05B
| $2.69M | 0.01% |
70,928
+12,575
| +22% | +$477K |
|
|
LOGM
1720
DELISTED
LogMein, Inc.
LOGM
| $2.69M | 0.01% |
86,600
+3,100
| +4% | +$91.6K |
|
|
GNK
1721
DELISTED
GENCO SHIPPING & TRADING LTD
GNK
| $2.69M | 0.01% |
683,600
+12,599
| +2% | +$34K |
|
|
ACOR
1722
DELISTED
Acorda Therapeutics
ACOR
| $2.68M | 0.01% |
652
-7
| -1% | -$30.2K |
|
|
SFUN
1723
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $2.68M | 0.01% |
5,190
-800
| -13% | -$308K |
|
|
IGTE
1724
DELISTED
IGATE CORPORATION
IGTE
| $2.68M | 0.01% |
96,468
+11,500
| +14% | +$263K |
|
|
RWT
1725
Redwood Trust
RWT
$588M
| $2.68M | 0.01% |
135,964
+25,900
| +24% | +$461K |
|
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.