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 | |
|---|---|---|---|---|---|---|
1751
Comtech Telecommunications
CMTL
$51.8M
| $2.58M | ﹤0.01% |
106,148
+6,200
| +6% | +$161K |
|
1752
Scansource
SCSC
$1.05B
| $2.58M | ﹤0.01% |
74,561
+10,900
| +17% | +$370K |
|
|
NPBC
1753
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $2.58M | ﹤0.01% |
256,187
+44,900
| +21% | +$474K |
|
|
RTEC
1754
DELISTED
Rudolph Technologies Inc
RTEC
| $2.57M | ﹤0.01% |
225,715
+10,500
| +5% | +$120K |
|
1755
Kforce
KFRC
$1.04B
| $2.57M | ﹤0.01% |
145,179
+8,700
| +6% | +$144K |
|
|
PLKI
1756
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $2.57M | ﹤0.01% |
58,922
+7,100
| +14% | +$282K |
|
|
NTLS
1757
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $2.56M | ﹤0.01% |
136,359
+22,750
| +20% | +$393K |
|
|
EPAY
1758
DELISTED
Bottomline Technologies Inc
EPAY
| $2.56M | ﹤0.01% |
91,913
+13,600
| +17% | +$388K |
|
1759
CBIZ
CBZ
$2.96B
| $2.56M | ﹤0.01% |
344,234
+15,700
| +5% | +$113K |
|
|
KNGT
1760
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $2.55M | ﹤0.01% |
154,464
+20,200
| +15% | +$334K |
|
|
TBHC
1761
DELISTED
The Brand House Collective
TBHC
| $2.55M | ﹤0.01% |
138,300
+38,900
| +39% | +$712K |
|
|
ANEN
1762
DELISTED
ANAREN INC
ANEN
| $2.55M | ﹤0.01% |
99,910
+20,500
| +26% | +$501K |
|
1763
Cal-Maine
CALM
$3.87B
| $2.54M | ﹤0.01% |
105,512
+10,200
| +11% | +$248K |
|
|
FSYS
1764
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $2.53M | ﹤0.01% |
128,802
+33,100
| +35% | +$637K |
|
|
SWFT
1765
DELISTED
Swift Transportation Company
SWFT
| $2.53M | ﹤0.01% |
125,400
+32,800
| +35% | +$597K |
|
|
ATSG
1766
DELISTED
Air Transport Services Group
ATSG
| $2.53M | ﹤0.01% |
337,700
+22,100
| +7% | +$148K |
|
1767
Ironwood Pharmaceuticals
IRWD
$711M
| $2.52M | ﹤0.01% |
254,322
+43,103
| +20% | +$423K |
|
|
IRC
1768
DELISTED
INLAND REAL ESTATE CORP
IRC
| $2.52M | ﹤0.01% |
246,220
+11,500
| +5% | +$118K |
|
1769
Altria Group
MO
$109B
| $2.52M | ﹤0.01% |
73,294
| – | – |
|
|
FFIC
1770
DELISTED
Flushing Financial
FFIC
| $2.52M | ﹤0.01% |
136,399
+11,800
| +9% | +$218K |
|
|
TNH
1771
DELISTED
Terra Nitrogen
TNH
| $2.51M | ﹤0.01% |
12,400
+109
| +0.9% | +$23.3K |
|
|
INFN
1772
DELISTED
Infinera Corporation Common Stock
INFN
| $2.51M | ﹤0.01% |
222,123
-5,600
| -2% | -$61.3K |
|
|
HT
1773
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.51M | ﹤0.01% |
112,086
+16,750
| +18% | +$376K |
|
1774
Cato Corp
CATO
$65.3M
| $2.5M | ﹤0.01% |
89,361
+9,400
| +12% | +$256K |
|
1775
Hecla Mining
HL
$11.9B
| $2.49M | ﹤0.01% |
793,978
+129,406
| +19% | +$422K |
|
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.