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 | |
|---|---|---|---|---|---|---|
|
CLNY
1976
DELISTED
Colony Capital, Inc.
CLNY
| $1.88M | ﹤0.01% |
94,300
+23,400
| +33% | +$473K |
|
|
STSA
1977
DELISTED
STERLING FINL CORP (WA) COM NEW
STSA
| $1.87M | ﹤0.01% |
65,400
+12,226
| +23% | +$324K |
|
1978
Bloomin' Brands
BLMN
$933M
| $1.87M | ﹤0.01% |
79,100
+9,700
| +14% | +$232K |
|
|
MOBI
1979
DELISTED
Sky-mobi Limited ADS
MOBI
| $1.86M | ﹤0.01% |
515,144
-273,442
| -35% | -$1.03M |
|
|
NEWP
1980
DELISTED
NEWPORT CORP
NEWP
| $1.86M | ﹤0.01% |
119,344
+15,500
| +15% | +$238K |
|
1981
Integra LifeSciences
IART
$1.42B
| $1.86M | ﹤0.01% |
113,174
+16,636
| +17% | +$267K |
|
|
EGLE
1982
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $1.86M | ﹤0.01% |
102
+9
| +10% | +$101K |
|
|
CARB
1983
DELISTED
Carbonite Inc
CARB
| $1.86M | ﹤0.01% |
123,700
-4,400
| -3% | -$61.6K |
|
|
KBAL
1984
DELISTED
Kimball International
KBAL
| $1.85M | ﹤0.01% |
214,313
+12,894
| +6% | +$109K |
|
|
TMS
1985
DELISTED
TMS INTERNATIONAL CORP CLASS A COM STK
TMS
| $1.85M | ﹤0.01% |
106,300
+3,800
| +4% | +$62.5K |
|
1986
Iridium Communications
IRDM
$5.3B
| $1.85M | ﹤0.01% |
268,800
-73,800
| -22% | -$552K |
|
|
BONT
1987
DELISTED
Bon-Ton Stores Inc/The
BONT
| $1.85M | ﹤0.01% |
174,999
| – | – |
|
1988
Powell Industries
POWL
$7.58B
| $1.84M | ﹤0.01% |
90,066
+11,400
| +14% | +$206K |
|
|
TPLM
1989
DELISTED
Triangle Petroleum Corporation
TPLM
| $1.84M | ﹤0.01% |
187,200
+84,400
| +82% | +$644K |
|
|
PLXT
1990
DELISTED
PLX TECHNOLOGY INC
PLXT
| $1.83M | ﹤0.01% |
304,600
+119,164
| +64% | +$650K |
|
1991
Daktronics
DAKT
$990M
| $1.83M | ﹤0.01% |
163,636
+15,600
| +11% | +$172K |
|
1992
PDF Solutions
PDFS
$2.12B
| $1.83M | ﹤0.01% |
86,000
+6,801
| +9% | +$140K |
|
|
GLOG
1993
DELISTED
GASLOG LTD
GLOG
| $1.82M | ﹤0.01% |
122,100
+11,400
| +10% | +$159K |
|
|
ASIA
1994
DELISTED
ASIAINFO-LINKAGE INC COM STK (DE)
ASIA
| $1.82M | ﹤0.01% |
158,000
+19,800
| +14% | +$229K |
|
1995
Clean Energy Fuels
CLNE
$395M
| $1.82M | ﹤0.01% |
142,566
+25,400
| +22% | +$326K |
|
|
XRTX
1996
DELISTED
XYRATEX LTD (BERMUDA)
XRTX
| $1.82M | ﹤0.01% |
163,500
+22,700
| +16% | +$243K |
|
1997
ArcBest
ARCB
$3.3B
| $1.82M | ﹤0.01% |
70,855
-7,800
| -10% | -$187K |
|
|
INXN
1998
DELISTED
Interxion Holding N.V.
INXN
| $1.82M | ﹤0.01% |
81,700
+6,700
| +9% | +$165K |
|
|
AVX
1999
DELISTED
AVX Corporation
AVX
| $1.82M | ﹤0.01% |
138,334
+21,000
| +18% | +$272K |
|
|
WAGE
2000
DELISTED
WageWorks, Inc.
WAGE
| $1.82M | ﹤0.01% |
36,000
+12,300
| +52% | +$507K |
|
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.