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 | |
|---|---|---|---|---|---|---|
|
ATMI
1951
DELISTED
A T M I INC
ATMI
| $1.93M | ﹤0.01% |
72,908
+12,300
| +20% | +$312K |
|
1952
CVB Financial
CVBF
$4.06B
| $1.93M | ﹤0.01% |
142,695
+33,400
| +31% | +$438K |
|
|
ZVO
1953
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.93M | ﹤0.01% |
106,900
+7,000
| +7% | +$114K |
|
1954
Andersons Inc
ANDE
$2.21B
| $1.93M | ﹤0.01% |
41,318
+10,500
| +34% | +$443K |
|
1955
Alpha and Omega Semiconductor
AOSL
$897M
| $1.93M | ﹤0.01% |
228,900
+6,345
| +3% | +$49.7K |
|
|
LIN
1956
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $1.92M | ﹤0.01% |
+94,800
| New | +$1.59M |
|
|
RDEN
1957
DELISTED
ELIZABETH ARDEN INC
RDEN
| $1.92M | ﹤0.01% |
52,066
+10,100
| +24% | +$396K |
|
|
UCB
1958
United Community Banks
UCB
$4.41B
| $1.92M | ﹤0.01% |
128,057
+51,631
| +68% | +$750K |
|
|
ECOM
1959
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.92M | ﹤0.01% |
52,400
+2,400
| +5% | +$63.2K |
|
1960
Southside Bancshares
SBSI
$979M
| $1.92M | ﹤0.01% |
84,851
+7,649
| +10% | +$164K |
|
|
AVTA
1961
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.92M | ﹤0.01% |
83,428
+52,600
| +171% | +$1.1M |
|
|
INFI
1962
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.91M | ﹤0.01% |
109,700
+18,100
| +20% | +$347K |
|
|
ELLI
1963
DELISTED
Ellie Mae Inc
ELLI
| $1.91M | ﹤0.01% |
59,700
+16,400
| +38% | +$457K |
|
1964
Methode Electronics
MEI
$603M
| $1.91M | ﹤0.01% |
68,196
+30,700
| +82% | +$649K |
|
1965
Wabash National
WNC
$512M
| $1.91M | ﹤0.01% |
163,700
+26,700
| +19% | +$288K |
|
1966
Chesapeake Utilities
CPK
$3.26B
| $1.9M | ﹤0.01% |
54,399
+5,550
| +11% | +$203K |
|
1967
Merit Medical Systems
MMSI
$5.43B
| $1.9M | ﹤0.01% |
156,658
+16,700
| +12% | +$215K |
|
1968
FRP Holdings
FRPH
$426M
| $1.9M | ﹤0.01% |
112,124
+400
| +0.4% | +$6.56K |
|
|
RSO
1969
DELISTED
Resource Capital Corp.
RSO
| $1.9M | ﹤0.01% |
79,794
+11,950
| +18% | +$293K |
|
1970
Mercer International
MERC
$34.1M
| $1.89M | ﹤0.01% |
267,000
+7,200
| +3% | +$49.8K |
|
1971
Usana Health Sciences
USNA
$254M
| $1.89M | ﹤0.01% |
43,568
+4,400
| +11% | +$177K |
|
1972
Entravision Communication
EVC
$833M
| $1.89M | ﹤0.01% |
319,965
-125,500
| -28% | -$726K |
|
|
SUSS
1973
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $1.89M | ﹤0.01% |
35,500
-8,100
| -19% | -$405K |
|
|
AMCC
1974
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $1.89M | ﹤0.01% |
146,137
+22,200
| +18% | +$252K |
|
|
ALR
1975
DELISTED
AlerisLife Inc
ALR
| $1.88M | ﹤0.01% |
36,440
+4,430
| +14% | +$246K |
|
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.