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 | |
|---|---|---|---|---|---|---|
|
BSFT
1776
DELISTED
BroadSoft, Inc.
BSFT
| $2.49M | ﹤0.01% |
69,200
+9,300
| +16% | +$301K |
|
1777
SS&C Technologies
SSNC
$18.7B
| $2.49M | ﹤0.01% |
130,600
+33,600
| +35% | +$610K |
|
|
BBT
1778
Beacon Financial Corp
BBT
$2.66B
| $2.49M | ﹤0.01% |
99,047
+6,501
| +7% | +$170K |
|
1779
Gorman-Rupp
GRC
$2.19B
| $2.49M | ﹤0.01% |
77,489
+26,750
| +53% | +$769K |
|
|
PNX
1780
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $2.49M | ﹤0.01% |
64,313
+2,070
| +3% | +$85.2K |
|
|
DMND
1781
DELISTED
DIAMOND FOODS, INC.
DMND
| $2.48M | ﹤0.01% |
105,340
+34,000
| +48% | +$733K |
|
1782
Helen of Troy
HELE
$682M
| $2.48M | ﹤0.01% |
56,145
+12,200
| +28% | +$513K |
|
|
HF
1783
DELISTED
HFF Inc.
HF
| $2.48M | ﹤0.01% |
105,475
+7,032
| +7% | +$144K |
|
1784
NETSCOUT
NTCT
$2.81B
| $2.47M | ﹤0.01% |
96,690
+16,000
| +20% | +$413K |
|
1785
Evercore
EVR
$11.7B
| $2.47M | ﹤0.01% |
50,166
+8,400
| +20% | +$387K |
|
|
ACET
1786
DELISTED
Aceto Corp
ACET
| $2.47M | ﹤0.01% |
157,920
+28,300
| +22% | +$433K |
|
|
OVTI
1787
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $2.47M | ﹤0.01% |
161,055
+18,900
| +13% | +$314K |
|
1788
Ethan Allen Interiors
ETD
$602M
| $2.45M | ﹤0.01% |
88,046
+9,900
| +13% | +$282K |
|
1789
Kulicke & Soffa
KLIC
$4.76B
| $2.45M | ﹤0.01% |
212,270
+34,100
| +19% | +$388K |
|
1790
Unifirst Corp
UNF
$5.27B
| $2.44M | ﹤0.01% |
23,384
+4,300
| +23% | +$425K |
|
1791
Tronox
TROX
$1.02B
| $2.44M | ﹤0.01% |
99,700
+23,600
| +31% | +$524K |
|
|
KZ
1792
DELISTED
KongZhong Corporation
KZ
| $2.44M | ﹤0.01% |
186,100
+16,500
| +10% | +$163K |
|
|
LSE
1793
DELISTED
CAPLEASE, INC
LSE
| $2.43M | ﹤0.01% |
285,799
+68,100
| +31% | +$578K |
|
|
CIVI
1794
DELISTED
Civitas Resources
CIVI
| $2.42M | ﹤0.01% |
450
+170
| +61% | +$785K |
|
|
WIRE
1795
DELISTED
Encore Wire Corp
WIRE
| $2.42M | ﹤0.01% |
61,389
+18,700
| +44% | +$730K |
|
|
EXAS
1796
DELISTED
Exact Sciences
EXAS
| $2.42M | ﹤0.01% |
204,800
+23,400
| +13% | +$300K |
|
1797
Sabra Healthcare REIT
SBRA
$5.07B
| $2.42M | ﹤0.01% |
105,127
+14,600
| +16% | +$360K |
|
1798
AMERISAFE
AMSF
$519M
| $2.41M | ﹤0.01% |
67,976
-500
| -0.7% | -$17.4K |
|
|
RDUS
1799
DELISTED
Radius Recycling
RDUS
| $2.4M | ﹤0.01% |
87,322
+10,100
| +13% | +$264K |
|
|
IPCC
1800
DELISTED
Infinity Property & Casualty C
IPCC
| $2.4M | ﹤0.01% |
37,170
+13,500
| +57% | +$855K |
|
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.