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 | |
|---|---|---|---|---|---|---|
1926
Tennant Co
TNC
$1.17B
| $2M | ﹤0.01% |
32,320
+7,000
| +28% | +$379K |
|
|
PGI
1927
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $2M | ﹤0.01% |
201,066
+15,200
| +8% | +$163K |
|
|
AUD
1928
DELISTED
Audacy, Inc.
AUD
| $2M | ﹤0.01% |
228,000
+3,200
| +1% | +$29.7K |
|
1929
Rambus
RMBS
$11B
| $2M | ﹤0.01% |
212,441
-48,700
| -19% | -$446K |
|
|
MTSC
1930
DELISTED
MTS Systems Corp
MTSC
| $1.99M | ﹤0.01% |
30,950
+3,300
| +12% | +$203K |
|
1931
J&J Snack Foods
JJSF
$1.66B
| $1.99M | ﹤0.01% |
24,669
+5,500
| +29% | +$439K |
|
|
SODA
1932
DELISTED
SodaStream International Ltd
SODA
| $1.99M | ﹤0.01% |
31,900
+6,900
| +28% | +$438K |
|
|
ZOLT
1933
DELISTED
ZOLTEK COMPANIES INC
ZOLT
| $1.99M | ﹤0.01% |
118,983
+10,100
| +9% | +$144K |
|
|
SBR
1934
Sabine Royalty Trust
SBR
$1.06B
| $1.98M | ﹤0.01% |
39,018
+2,000
| +5% | +$103K |
|
|
GTY
1935
Getty Realty Corp
GTY
$2.01B
| $1.98M | ﹤0.01% |
103,336
+9,216
| +10% | +$182K |
|
|
EROC
1936
DELISTED
EAGLE ROCK ENERGY PARTNERS, L.P. COM UNITS RPTNG LTD PRTNR
EROC
| $1.98M | ﹤0.01% |
278,800
+33,925
| +14% | +$236K |
|
|
HLSS
1937
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $1.97M | ﹤0.01% |
89,700
+26,100
| +41% | +$619K |
|
|
ALX
1938
Alexander's
ALX
$1.38B
| $1.97M | ﹤0.01% |
6,883
+800
| +13% | +$234K |
|
1939
American Public Education
APEI
$827M
| $1.97M | ﹤0.01% |
52,020
+6,500
| +14% | +$256K |
|
|
DLLR
1940
DELISTED
DFC GLOBAL CORP COM STK (DE)
DLLR
| $1.97M | ﹤0.01% |
178,854
+33,000
| +23% | +$451K |
|
|
BFS
1941
Saul Centers
BFS
$847M
| $1.96M | ﹤0.01% |
42,371
+5,100
| +14% | +$233K |
|
1942
Helios Technologies
HLIO
$2.61B
| $1.95M | ﹤0.01% |
53,889
+6,600
| +14% | +$216K |
|
1943
ICU Medical
ICUI
$4.47B
| $1.95M | ﹤0.01% |
28,747
+7,000
| +32% | +$500K |
|
|
SJT
1944
San Juan Basin Royalty Trust
SJT
$129M
| $1.95M | ﹤0.01% |
122,000
+10,600
| +10% | +$174K |
|
|
SMRT
1945
DELISTED
Stein Mart Inc
SMRT
| $1.95M | ﹤0.01% |
142,048
-36,200
| -20% | -$486K |
|
|
ROIC
1946
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $1.95M | ﹤0.01% |
140,900
+16,600
| +13% | +$226K |
|
|
CMO
1947
DELISTED
Capstead Mortgage Corp.
CMO
| $1.94M | ﹤0.01% |
164,970
+36,500
| +28% | +$432K |
|
1948
Park-Ohio Holdings
PKOH
$703M
| $1.94M | ﹤0.01% |
50,530
-15,200
| -23% | -$537K |
|
|
ELNK
1949
DELISTED
EarthLink Holdings Corp.
ELNK
| $1.94M | ﹤0.01% |
391,439
+80,200
| +26% | +$448K |
|
1950
Piper Sandler
PIPR
$5.36B
| $1.94M | ﹤0.01% |
226,008
+29,600
| +15% | +$249K |
|
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.