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 | |
|---|---|---|---|---|---|---|
|
TUES
1926
DELISTED
Tuesday Morning Corp
TUES
| $2.48M | ﹤0.01% |
155,415
+2,059
| +1% | +$29.1K |
|
|
WRES
1927
DELISTED
WARREN RESOURCES INC
WRES
| $2.48M | ﹤0.01% |
774,800
+517,866
| +202% | +$1.62M |
|
|
ASRT
1928
DELISTED
Assertio
ASRT
| $2.48M | ﹤0.01% |
3,990
+24
| +0.6% | +$11.7K |
|
1929
KRONOS Worldwide
KRO
$963M
| $2.47M | ﹤0.01% |
143,900
+79,000
| +122% | +$1.25M |
|
|
THR
1930
DELISTED
Thermon Group Holdings
THR
| $2.47M | ﹤0.01% |
88,500
-300
| -0.3% | -$7.81K |
|
|
WIBC
1931
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.47M | ﹤0.01% |
222,784
+16,760
| +8% | +$158K |
|
|
FIG
1932
DELISTED
Fortress Investment Group Llc
FIG
| $2.47M | ﹤0.01% |
290,200
-63,100
| -18% | -$517K |
|
|
MODV
1933
DELISTED
ModivCare
MODV
| $2.46M | ﹤0.01% |
92,200
-10,591
| -10% | -$293K |
|
1934
Merit Medical Systems
MMSI
$5.44B
| $2.45M | ﹤0.01% |
156,200
-458
| -0.3% | -$6.95K |
|
|
CALD
1935
DELISTED
Callidus Software, Inc.
CALD
| $2.45M | ﹤0.01% |
186,838
+127,438
| +215% | +$1.39M |
|
1936
Omnicell
OMCL
$1.68B
| $2.44M | ﹤0.01% |
95,788
-19,950
| -17% | -$476K |
|
|
AIMC
1937
DELISTED
Altra Industrial Motion Corp
AIMC
| $2.44M | ﹤0.01% |
72,900
-11,648
| -14% | -$350K |
|
|
RENT
1938
DELISTED
RENTRAK CORP
RENT
| $2.44M | ﹤0.01% |
64,000
+17,900
| +39% | +$657K |
|
|
HDS
1939
DELISTED
HD Supply Holdings, Inc.
HDS
| $2.44M | ﹤0.01% |
101,100
| – | – |
|
1940
CVB Financial
CVBF
$4.02B
| $2.44M | ﹤0.01% |
141,070
-1,625
| -1% | -$24.7K |
|
|
GENT
1941
DELISTED
GENTIUM SPA ADS
GENT
| $2.44M | ﹤0.01% |
42,200
| – | – |
|
|
REN
1942
DELISTED
Resolute Energy Corporaton
REN
| $2.43M | ﹤0.01% |
54,496
+12,036
| +28% | +$552K |
|
|
ILG
1943
DELISTED
ILG, Inc Common Stock
ILG
| $2.43M | ﹤0.01% |
77,888
+19,088
| +32% | +$501K |
|
1944
LCI Industries
LCII
$2.61B
| $2.43M | ﹤0.01% |
47,800
+1,546
| +3% | +$78.7K |
|
1945
Astronics
ATRO
$3.7B
| $2.42M | ﹤0.01% |
100,846
+32,188
| +47% | +$706K |
|
1946
Saia
SAIA
$9.52B
| $2.41M | ﹤0.01% |
72,955
-33,336
| -31% | -$1.09M |
|
|
AUD
1947
DELISTED
Audacy, Inc.
AUD
| $2.41M | ﹤0.01% |
224,400
-3,600
| -2% | -$34K |
|
|
SIGM
1948
DELISTED
Sigma Designs Inc
SIGM
| $2.41M | ﹤0.01% |
527,700
+221,811
| +73% | +$1.17M |
|
1949
Northern Oil and Gas
NOG
$2.58B
| $2.41M | ﹤0.01% |
16,070
+2,019
| +14% | +$320K |
|
|
LOGM
1950
DELISTED
LogMein, Inc.
LOGM
| $2.41M | ﹤0.01% |
73,200
-13,400
| -15% | -$428K |
|
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.