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 |
Apple
AAPL
|
+$191M |
| 2 |
ExxonMobil
XOM
|
+$166M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$143M |
| 4 |
Microsoft
MSFT
|
+$139M |
| 5 |
Wells Fargo
WFC
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
+$45.3M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$32.5M |
| 4 |
NYX
NYSE EURONEXT INC
NYX
|
+$31.4M |
| 5 |
Perrigo
PRGO
|
+$28.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.93% |
| 2 | Technology | 13.51% |
| 3 | Healthcare | 12.03% |
| 4 | Industrials | 11.52% |
| 5 | Energy | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Columbus McKinnon
CMCO
$564M
| $2.89M | ﹤0.01% |
103,100
+9,318
| +10% | +$243K |
|
|
EOCC
1827
DELISTED
Enel Generacion Chile S.A.
EOCC
| $2.88M | ﹤0.01% |
+95,503
| New | +$2.92M |
|
|
WAGE
1828
DELISTED
WageWorks, Inc.
WAGE
| $2.88M | ﹤0.01% |
46,167
+10,167
| +28% | +$561K |
|
|
FFIC
1829
DELISTED
Flushing Financial
FFIC
| $2.88M | ﹤0.01% |
137,245
+846
| +0.6% | +$17K |
|
1830
Park-Ohio Holdings
PKOH
$691M
| $2.88M | ﹤0.01% |
56,022
+5,492
| +11% | +$232K |
|
|
EIGI
1831
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $2.88M | ﹤0.01% |
+200,000
| New | +$2.55M |
|
|
DVR
1832
DELISTED
CAL DIVE INTERNATIONAL INC COM
DVR
| $2.88M | ﹤0.01% |
1,423,250
+413,529
| +41% | +$795K |
|
|
ARR
1833
Armour Residential REIT
ARR
$2.36B
| $2.87M | ﹤0.01% |
18,188
-92
| -0.5% | -$14.8K |
|
|
KRA
1834
DELISTED
Kraton Corporation
KRA
| $2.87M | ﹤0.01% |
123,900
+5,300
| +4% | +$115K |
|
1835
Protolabs
PRLB
$2.16B
| $2.87M | ﹤0.01% |
39,874
+31,974
| +405% | +$2.48M |
|
1836
Dine Brands
DIN
$454M
| $2.87M | ﹤0.01% |
33,900
+382
| +1% | +$30.1K |
|
|
SWC
1837
DELISTED
Stillwater Mining Co
SWC
| $2.86M | ﹤0.01% |
236,700
-56,084
| -19% | -$632K |
|
|
OWW
1838
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $2.86M | ﹤0.01% |
385,200
-32,988
| -8% | -$258K |
|
|
AENZ
1839
DELISTED
Aenza S.A.A.
AENZ
| $2.86M | ﹤0.01% |
45,333
| – | – |
|
1840
Lindsay Corp
LNN
$1.17B
| $2.85M | ﹤0.01% |
34,400
+7,362
| +27% | +$573K |
|
|
ELGX
1841
DELISTED
Endologix Inc
ELGX
| $2.85M | ﹤0.01% |
16,600
+400
| +2% | +$68.7K |
|
|
LIN
1842
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $2.85M | ﹤0.01% |
102,200
+7,400
| +8% | +$186K |
|
|
EJ
1843
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $2.85M | ﹤0.01% |
214,258
-47,604
| -18% | -$480K |
|
|
EXAS
1844
DELISTED
Exact Sciences
EXAS
| $2.84M | ﹤0.01% |
232,413
+27,613
| +13% | +$317K |
|
|
MASI
1845
DELISTED
Masimo
MASI
| $2.83M | ﹤0.01% |
98,092
+539
| +0.6% | +$15.1K |
|
1846
NETSCOUT
NTCT
$2.81B
| $2.82M | ﹤0.01% |
95,800
-890
| -0.9% | -$25.2K |
|
|
KNGT
1847
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $2.82M | ﹤0.01% |
153,609
-855
| -0.6% | -$15.7K |
|
|
EEQ
1848
DELISTED
Enbridge Energy Management Llc
EEQ
| $2.82M | ﹤0.01% |
153,087
+1,060
| +0.7% | +$19.3K |
|
1849
Regis Corp
RGS
$68.3M
| $2.82M | ﹤0.01% |
9,749
+769
| +9% | +$231K |
|
|
JOSB
1850
DELISTED
JOS A BANK CLOTHIERS INC
JOSB
| $2.82M | ﹤0.01% |
50,111
+3,376
| +7% | +$173K |
|
Similar funds
California Public Employees Retirement System's Q4 2013 Portfolio in Review
As of Q4 2013, California Public Employees Retirement System held 4,184 positions worth $69B, up 28% from $54B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System deployed $9.68B of net new capital in Q4 2013, opening 203 new positions and adding to 1,884 existing holdings. Its largest new stake was Vodafone: 1,609,157 shares worth $64.1M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Melco Resorts & Entertainment, an estimated $45.3M trimmed.
- California Public Employees Retirement System's largest Q4 2013 buy was Vodafone: 1,609,157 shares worth $64.1M.
- California Public Employees Retirement System added most to Apple in Q4 2013, an estimated $191M increase.
- California Public Employees Retirement System's biggest Q4 2013 reduction was Melco Resorts & Entertainment, cutting an estimated $45.3M.
- California Public Employees Retirement System fully exited DELL INC in Q4 2013, selling an estimated $68M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $69B portfolio in Q4 2013.
- California Public Employees Retirement System opened 203 new positions and closed 206 in Q4 2013.
- California Public Employees Retirement System's portfolio value rose 28% quarter-over-quarter to $69B.
Based on California Public Employees Retirement System's 13F filing for Q4 2013, filed 11 Feb 2014.