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 | |
|---|---|---|---|---|---|---|
|
ASIA
2126
DELISTED
ASIAINFO-LINKAGE INC COM STK (DE)
ASIA
| $1.89M | ﹤0.01% |
158,000
| – | – |
|
2127
Apogee Enterprises
APOG
$888M
| $1.89M | ﹤0.01% |
52,700
+22,926
| +77% | +$763K |
|
2128
Dr. Reddy's Laboratories
RDY
$10.3B
| $1.88M | ﹤0.01% |
+229,330
| New | +$1.82M |
|
|
ELX
2129
DELISTED
EMULEX CORP
ELX
| $1.88M | ﹤0.01% |
274,100
+158,871
| +138% | +$1.18M |
|
2130
Lattice Semiconductor
LSCC
$18.2B
| $1.88M | ﹤0.01% |
348,900
-5,386
| -2% | -$27.9K |
|
2131
Graham Corp
GHM
$1.3B
| $1.88M | ﹤0.01% |
50,947
+3,347
| +7% | +$123K |
|
2132
Greenlight Captial
GLRE
$512M
| $1.88M | ﹤0.01% |
55,754
-151
| -0.3% | -$4.72K |
|
2133
ArcBest
ARCB
$3.28B
| $1.87M | ﹤0.01% |
54,002
-16,853
| -24% | -$502K |
|
|
DEST
2134
DELISTED
Destination Maternity Corporation
DEST
| $1.87M | ﹤0.01% |
59,938
+6,994
| +13% | +$216K |
|
|
PQUE
2135
DELISTED
PETROQUEST ENERGY INC (DE)
PQUE
| $1.87M | ﹤0.01% |
451,200
+45,825
| +11% | +$190K |
|
2136
Entravision Communication
EVC
$820M
| $1.86M | ﹤0.01% |
301,365
-18,600
| -6% | -$115K |
|
2137
LivePerson
LPSN
$35.9M
| $1.86M | ﹤0.01% |
8,473
-147
| -2% | -$24.4K |
|
|
YGE
2138
DELISTED
Yingli Green Energy Holding Comp
YGE
| $1.86M | ﹤0.01% |
40,290
-3,040
| -7% | -$186K |
|
|
RATE
2139
DELISTED
Bankrate Inc
RATE
| $1.86M | ﹤0.01% |
102,100
-30,600
| -23% | -$590K |
|
|
AVG
2140
DELISTED
AVG Technologies N.V.
AVG
| $1.86M | ﹤0.01% |
113,400
+112,400
| +11,240% | +$2.19M |
|
2141
Alpha and Omega Semiconductor
AOSL
$916M
| $1.86M | ﹤0.01% |
228,300
-600
| -0.3% | -$4.61K |
|
|
GTY
2142
Getty Realty Corp
GTY
$2.05B
| $1.85M | ﹤0.01% |
101,782
-1,554
| -2% | -$28.7K |
|
|
INXN
2143
DELISTED
Interxion Holding N.V.
INXN
| $1.85M | ﹤0.01% |
81,700
| – | – |
|
2144
WisdomTree
WT
$3.44B
| $1.84M | ﹤0.01% |
102,590
+52,290
| +104% | +$744K |
|
|
VCBI
2145
DELISTED
VIRGINIA COMMERCE BANCORP
VCBI
| $1.84M | ﹤0.01% |
106,700
+1,300
| +1% | +$21.5K |
|
|
ININ
2146
DELISTED
Interactive Intelligence Group, inc.
ININ
| $1.84M | ﹤0.01% |
27,200
+450
| +2% | +$28.8K |
|
|
TEN
2147
Tsakos Energy Navigation Ltd
TEN
$1.23B
| $1.84M | ﹤0.01% |
60,620
| – | – |
|
2148
Renasant Corp
RNST
$4B
| $1.83M | ﹤0.01% |
57,644
-23,365
| -29% | -$683K |
|
|
HPP
2149
Hudson Pacific Properties
HPP
$787M
| $1.82M | ﹤0.01% |
11,717
+5,888
| +101% | +$851K |
|
2150
TriCo Bancshares
TCBK
$1.86B
| $1.82M | ﹤0.01% |
64,100
-705
| -1% | -$18.1K |
|
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.