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 | |
|---|---|---|---|---|---|---|
|
SRC
2026
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $1.76M | ﹤0.01% |
42,714
+19,606
| +85% | +$807K |
|
|
MNI
2027
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $1.76M | ﹤0.01% |
58,584
-870
| -1% | -$25.9K |
|
|
NKA
2028
DELISTED
NISKA GAS STORAGE PARTNERS LLC UNIT LTD LIABILITY CO INTS
NKA
| $1.76M | ﹤0.01% |
113,800
+6,500
| +6% | +$94.8K |
|
|
TESS
2029
DELISTED
Tessco Technologies Inc
TESS
| $1.75M | ﹤0.01% |
51,975
-1,300
| -2% | -$40.8K |
|
|
BLOX
2030
DELISTED
Infoblox Inc
BLOX
| $1.75M | ﹤0.01% |
41,800
+18,500
| +79% | +$644K |
|
2031
Natural Gas Services Group
NGS
$474M
| $1.75M | ﹤0.01% |
65,100
+8,000
| +14% | +$209K |
|
2032
CTS Corp
CTS
$1.79B
| $1.74M | ﹤0.01% |
110,095
+12,200
| +12% | +$177K |
|
2033
Entegris
ENTG
$25.1B
| $1.73M | ﹤0.01% |
170,632
+43,000
| +34% | +$416K |
|
2034
Nektar Therapeutics
NKTR
$2.57B
| $1.73M | ﹤0.01% |
11,045
+2,893
| +35% | +$535K |
|
|
EDMC
2035
DELISTED
EDUCATION MGMT CORP NEW COM STK (PA)
EDMC
| $1.73M | ﹤0.01% |
189,700
-26,000
| -12% | -$198K |
|
|
SPRD
2036
DELISTED
SPREADTRUM COMMUNICATIONS INC ADS (CAYMAN ISLANDS)
SPRD
| $1.73M | ﹤0.01% |
56,800
+23,700
| +72% | +$702K |
|
|
PHLT
2037
DELISTED
Performant Healthcare Inc
PHLT
| $1.73M | ﹤0.01% |
158,300
+11,100
| +8% | +$121K |
|
|
AMRN
2038
Amarin Corp
AMRN
$298M
| $1.72M | ﹤0.01% |
13,635
+2,450
| +22% | +$293K |
|
2039
Eagle Bancorp
EGBN
$879M
| $1.72M | ﹤0.01% |
60,909
+32,950
| +118% | +$848K |
|
|
MFB
2040
DELISTED
MAIDENFORM BRANDS, INC
MFB
| $1.72M | ﹤0.01% |
73,308
+8,700
| +13% | +$193K |
|
2041
Graham Corp
GHM
$1.31B
| $1.72M | ﹤0.01% |
47,600
+14,300
| +43% | +$486K |
|
|
AMAG
2042
DELISTED
AMAG Pharmaceuticals
AMAG
| $1.72M | ﹤0.01% |
79,954
-5,800
| -7% | -$137K |
|
|
MNTA
2043
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.72M | ﹤0.01% |
119,292
+17,900
| +18% | +$274K |
|
2044
Spok Holdings
SPOK
$230M
| $1.71M | ﹤0.01% |
120,822
+4,400
| +4% | +$63.3K |
|
|
ITMN
2045
DELISTED
INTERMUNE INC
ITMN
| $1.71M | ﹤0.01% |
111,315
+30,800
| +38% | +$432K |
|
2046
Cavco Industries
CVCO
$4.67B
| $1.71M | ﹤0.01% |
30,030
+13,500
| +82% | +$736K |
|
|
SIGM
2047
DELISTED
Sigma Designs Inc
SIGM
| $1.71M | ﹤0.01% |
305,889
+135,200
| +79% | +$728K |
|
|
BTH
2048
DELISTED
BLYTH,INC
BTH
| $1.71M | ﹤0.01% |
123,644
+39,500
| +47% | +$479K |
|
|
NWY
2049
DELISTED
New York & Co Inc
NWY
| $1.71M | ﹤0.01% |
295,466
-40,300
| -12% | -$235K |
|
|
ININ
2050
DELISTED
Interactive Intelligence Group, inc.
ININ
| $1.7M | ﹤0.01% |
26,750
+5,100
| +24% | +$300K |
|
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.