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 | |
|---|---|---|---|---|---|---|
|
NTK
1876
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $2.2M | ﹤0.01% |
32,000
+4,500
| +16% | +$307K |
|
|
RSTI
1877
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $2.19M | ﹤0.01% |
90,510
+11,200
| +14% | +$266K |
|
|
AREX
1878
DELISTED
Approach Resources Inc.
AREX
| $2.18M | ﹤0.01% |
82,990
+12,400
| +18% | +$314K |
|
|
ECOL
1879
DELISTED
US Ecology, Inc.
ECOL
| $2.17M | ﹤0.01% |
72,107
+6,200
| +9% | +$182K |
|
|
BMCH
1880
DELISTED
BMC Stock Holdings, Inc
BMCH
| $2.17M | ﹤0.01% |
+165,000
| New | +$2.25M |
|
|
RRTS
1881
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $2.17M | ﹤0.01% |
3,066
+692
| +29% | +$495K |
|
|
MTGE
1882
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $2.16M | ﹤0.01% |
109,300
+22,500
| +26% | +$435K |
|
|
CSOD
1883
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $2.15M | ﹤0.01% |
41,900
+15,600
| +59% | +$769K |
|
|
WLT
1884
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $2.15M | ﹤0.01% |
153,500
+24,500
| +19% | +$311K |
|
1885
QuidelOrtho
QDEL
$983M
| $2.15M | ﹤0.01% |
75,811
+9,500
| +14% | +$259K |
|
1886
Adeia
ADEA
$3.13B
| $2.15M | ﹤0.01% |
418,945
+76,734
| +22% | +$406K |
|
|
IRBT
1887
DELISTED
iRobot
IRBT
| $2.14M | ﹤0.01% |
56,800
+26,600
| +88% | +$953K |
|
1888
Stepan Co
SCL
$1.48B
| $2.14M | ﹤0.01% |
37,066
+6,700
| +22% | +$388K |
|
|
LMNX
1889
DELISTED
Luminex Corp
LMNX
| $2.14M | ﹤0.01% |
106,964
+14,800
| +16% | +$315K |
|
|
AEGR
1890
DELISTED
Aegerion Pharmaceuticals
AEGR
| $2.13M | ﹤0.01% |
24,800
+7,700
| +45% | +$653K |
|
1891
ePlus
PLUS
$2.32B
| $2.12M | ﹤0.01% |
164,400
-800
| -0.5% | -$11.7K |
|
|
MIG
1892
DELISTED
MEADOWBROOK INSURANCE GRP INC
MIG
| $2.12M | ﹤0.01% |
326,369
+40,800
| +14% | +$291K |
|
1893
TFS Financial
TFSL
$4.83B
| $2.12M | ﹤0.01% |
177,098
+1,392
| +0.8% | +$16K |
|
|
INVN
1894
DELISTED
Invensense Inc
INVN
| $2.12M | ﹤0.01% |
120,300
+48,000
| +66% | +$811K |
|
1895
Energy Recovery
ERII
$398M
| $2.12M | ﹤0.01% |
291,940
+117,000
| +67% | +$608K |
|
|
ACAT
1896
DELISTED
Arctic Cat Inc
ACAT
| $2.12M | ﹤0.01% |
37,100
+4,900
| +15% | +$266K |
|
|
CVO
1897
DELISTED
Cenevo, Inc.
CVO
| $2.11M | ﹤0.01% |
89,402
+25,812
| +41% | +$522K |
|
1898
Blackstone Mortgage Trust
BXMT
$2.46B
| $2.11M | ﹤0.01% |
83,617
+75,900
| +984% | +$1.93M |
|
1899
LCI Industries
LCII
$2.57B
| $2.11M | ﹤0.01% |
46,254
+4,800
| +12% | +$203K |
|
|
CNSL
1900
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.1M | ﹤0.01% |
121,884
+19,266
| +19% | +$335K |
|
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.