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 | |
|---|---|---|---|---|---|---|
|
VVUS
2176
DELISTED
Vivus Inc
VVUS
| $1.43M | ﹤0.01% |
15,292
+3,790
| +33% | +$473K |
|
|
GMLP
2177
DELISTED
Golar LNG Partners LP
GMLP
| $1.42M | ﹤0.01% |
43,822
+11,900
| +37% | +$390K |
|
|
TRIB
2178
Trinity Biotech
TRIB
$8.01M
| $1.42M | ﹤0.01% |
436
+246
| +129% | +$719K |
|
|
TLP
2179
DELISTED
Transmontaigne
TLP
| $1.42M | ﹤0.01% |
34,920
+5,600
| +19% | +$235K |
|
|
SEAC
2180
DELISTED
Seachange International Inc
SEAC
| $1.42M | ﹤0.01% |
6,182
+185
| +3% | +$42.6K |
|
|
CAI
2181
DELISTED
CAI International, Inc.
CAI
| $1.42M | ﹤0.01% |
60,800
+4,600
| +8% | +$103K |
|
2182
Shenandoah Telecom
SHEN
$744M
| $1.41M | ﹤0.01% |
117,240
-40,800
| -26% | -$393K |
|
2183
Scully Royalty
SRL
$90.1M
| $1.41M | ﹤0.01% |
33,640
+3,172
| +10% | +$133K |
|
2184
Bristow Group
VTOL
$1.38B
| $1.41M | ﹤0.01% |
25,990
+3,350
| +15% | +$172K |
|
|
LIQD
2185
DELISTED
LIQUID HLDGS GROUP INC COM STK (DE)
LIQD
| $1.41M | ﹤0.01% |
+200,000
| New | +$1.54M |
|
|
AEC
2186
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $1.41M | ﹤0.01% |
94,552
+17,029
| +22% | +$259K |
|
2187
Ceco Environmental
CECO
$4.5B
| $1.41M | ﹤0.01% |
100,091
-8,509
| -8% | -$111K |
|
|
SHOE
2188
Shoe Station Group
SHOE
$415M
| $1.4M | ﹤0.01% |
103,532
+1,200
| +1% | +$15.7K |
|
|
HGT
2189
DELISTED
Hugoton Royalty Trust
HGT
| $1.4M | ﹤0.01% |
187,156
+3,200
| +2% | +$26.6K |
|
|
ZEP
2190
DELISTED
ZEP INC COM STK (DE)
ZEP
| $1.4M | ﹤0.01% |
86,001
+8,300
| +11% | +$117K |
|
2191
Ribbon Communications
RBBN
$377M
| $1.39M | ﹤0.01% |
82,428
+16,220
| +24% | +$276K |
|
|
RPT
2192
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.39M | ﹤0.01% |
90,312
+22,300
| +33% | +$343K |
|
|
ILG
2193
DELISTED
ILG, Inc Common Stock
ILG
| $1.39M | ﹤0.01% |
58,800
+15,000
| +34% | +$330K |
|
|
AAT
2194
American Assets Trust
AAT
$1.41B
| $1.39M | ﹤0.01% |
45,500
+12,700
| +39% | +$401K |
|
|
ANV
2195
DELISTED
Allied Nevada Gold Corp
ANV
| $1.39M | ﹤0.01% |
331,980
+121,100
| +57% | +$632K |
|
|
ANH
2196
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.39M | ﹤0.01% |
287,134
+55,800
| +24% | +$268K |
|
|
HDNG
2197
DELISTED
Hardinge Inc
HDNG
| $1.38M | ﹤0.01% |
89,250
| – | – |
|
|
PSUN
2198
DELISTED
PACIFIC SUNWEAR OF CAL. INC
PSUN
| $1.37M | ﹤0.01% |
457,700
-33,700
| -7% | -$125K |
|
|
PSTB
2199
DELISTED
Park Sterling Corp.
PSTB
| $1.37M | ﹤0.01% |
213,800
+110,568
| +107% | +$688K |
|
|
LDL
2200
DELISTED
Lydall, Inc.
LDL
| $1.37M | ﹤0.01% |
79,600
+6,200
| +8% | +$98.9K |
|
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.