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 | |
|---|---|---|---|---|---|---|
|
SLCA
1726
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.68M | 0.01% |
107,500
+13,900
| +15% | +$324K |
|
|
REV
1727
DELISTED
Revlon, Inc.
REV
| $2.67M | 0.01% |
96,300
+4,100
| +4% | +$101K |
|
|
UAM
1728
DELISTED
Universal American Corp
UAM
| $2.67M | 0.01% |
350,738
+31,000
| +10% | +$272K |
|
|
CCMP
1729
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.67M | ﹤0.01% |
69,345
+12,500
| +22% | +$462K |
|
|
MAKO
1730
DELISTED
MAKO SURGICAL CORP COM
MAKO
| $2.67M | ﹤0.01% |
90,500
+14,600
| +19% | +$222K |
|
|
KEG
1731
DELISTED
KEY ENERGY SERVICES INC
KEG
| $2.66M | ﹤0.01% |
364,670
+111,200
| +44% | +$811K |
|
1732
Biglari Holdings Class B
BH
$1.2B
| $2.65M | ﹤0.01% |
10,393
+1,887
| +22% | +$475K |
|
1733
Diodes
DIOD
$4.75B
| $2.65M | ﹤0.01% |
107,949
+43,500
| +67% | +$1.13M |
|
1734
SouthState Bank Corp
SSB
$10.7B
| $2.64M | ﹤0.01% |
+47,870
| New | +$2.62M |
|
|
CTCT
1735
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $2.64M | ﹤0.01% |
111,355
+4,300
| +4% | +$81.8K |
|
1736
Regis Corp
RGS
$68.3M
| $2.64M | ﹤0.01% |
8,980
+1,555
| +21% | +$515K |
|
|
OMG
1737
DELISTED
OM GROUP INC.
OMG
| $2.63M | ﹤0.01% |
78,003
-9,300
| -11% | -$290K |
|
|
CYS
1738
DELISTED
CYS Investments Inc.
CYS
| $2.63M | ﹤0.01% |
323,800
+67,100
| +26% | +$542K |
|
1739
Acadia Realty Trust
AKR
$2.83B
| $2.63M | ﹤0.01% |
106,490
+21,100
| +25% | +$527K |
|
|
ASTX
1740
DELISTED
ASTEX PHARMACEUTICALS, INC COM
ASTX
| $2.62M | ﹤0.01% |
308,600
+37,900
| +14% | +$240K |
|
|
VNET
1741
VNET Group
VNET
$2.14B
| $2.62M | ﹤0.01% |
158,600
+20,300
| +15% | +$280K |
|
|
ELGX
1742
DELISTED
Endologix Inc
ELGX
| $2.61M | ﹤0.01% |
16,200
+5,970
| +58% | +$940K |
|
|
IRF
1743
DELISTED
INTL RECTIFIER CORP
IRF
| $2.61M | ﹤0.01% |
105,455
+26,200
| +33% | +$634K |
|
1744
International Bancshares
IBOC
$4.48B
| $2.61M | ﹤0.01% |
120,714
+18,700
| +18% | +$437K |
|
1745
8x8 Inc
EGHT
$309M
| $2.6M | ﹤0.01% |
258,600
+27,200
| +12% | +$254K |
|
1746
National CineMedia
NCMI
$355M
| $2.6M | ﹤0.01% |
13,788
+2,210
| +19% | +$402K |
|
1747
AZZ Inc
AZZ
$4.6B
| $2.6M | ﹤0.01% |
62,090
+9,800
| +19% | +$378K |
|
|
MASI
1748
DELISTED
Masimo
MASI
| $2.6M | ﹤0.01% |
97,553
+17,400
| +22% | +$429K |
|
|
DCOM
1749
DELISTED
Dime Community Bancshares
DCOM
| $2.6M | ﹤0.01% |
155,897
+7,000
| +5% | +$118K |
|
|
NIHD
1750
DELISTED
NII HOLDINGS INC CL B
NIHD
| $2.58M | ﹤0.01% |
425,700
+67,300
| +19% | +$454K |
|
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.