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 | |
|---|---|---|---|---|---|---|
2201
US Physical Therapy
USPH
$1.24B
| $1.36M | ﹤0.01% |
43,900
+4,400
| +11% | +$130K |
|
|
CFNL
2202
DELISTED
Cardinal Financial Corp
CFNL
| $1.36M | ﹤0.01% |
82,520
+11,900
| +17% | +$197K |
|
|
SCTY
2203
DELISTED
SolarCity Corporation
SCTY
| $1.36M | ﹤0.01% |
39,400
-16,100
| -29% | -$604K |
|
2204
STAAR Surgical
STAA
$1.26B
| $1.35M | ﹤0.01% |
100,100
+55,000
| +122% | +$647K |
|
|
CGI
2205
DELISTED
Celadon Group Inc
CGI
| $1.35M | ﹤0.01% |
72,524
+8,500
| +13% | +$161K |
|
2206
Community Bank
CBU
$3.46B
| $1.35M | ﹤0.01% |
39,668
+7,200
| +22% | +$241K |
|
|
FRGI
2207
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.35M | ﹤0.01% |
35,800
+6,783
| +23% | +$230K |
|
|
TARO
2208
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.34M | ﹤0.01% |
17,700
+3,008
| +20% | +$195K |
|
|
CBEY
2209
DELISTED
CBEYOND INC COM STK
CBEY
| $1.34M | ﹤0.01% |
209,698
+43,200
| +26% | +$312K |
|
|
TWGP
2210
DELISTED
TOWER GROUP INTL LTD COM STK (BERMUDA)
TWGP
| $1.34M | ﹤0.01% |
192,057
+29,212
| +18% | +$489K |
|
|
SKUL
2211
DELISTED
SKULLCANDY INC
SKUL
| $1.34M | ﹤0.01% |
216,400
+5,527
| +3% | +$30.9K |
|
2212
American States Water
AWR
$3.52B
| $1.33M | ﹤0.01% |
48,414
+10,024
| +26% | +$286K |
|
|
SCU
2213
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $1.33M | ﹤0.01% |
12,080
+3,720
| +44% | +$410K |
|
|
PES
2214
DELISTED
Pioneer Energy Services Corp.
PES
| $1.32M | ﹤0.01% |
176,390
+58,100
| +49% | +$413K |
|
2215
Kite Realty
KRG
$5.31B
| $1.32M | ﹤0.01% |
55,836
+9,300
| +20% | +$219K |
|
|
PFC
2216
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.32M | ﹤0.01% |
113,200
+7,024
| +7% | +$91.3K |
|
|
EVRI
2217
DELISTED
Everi Holdings
EVRI
| $1.32M | ﹤0.01% |
169,174
+12,800
| +8% | +$94.7K |
|
2218
The Greenbrier Companies
GBX
$1.42B
| $1.32M | ﹤0.01% |
53,355
+10,400
| +24% | +$242K |
|
2219
Yelp
YELP
$1.32B
| $1.32M | ﹤0.01% |
19,900
-8,600
| -30% | -$440K |
|
|
DHIL
2220
DELISTED
Diamond Hill
DHIL
| $1.31M | ﹤0.01% |
12,300
+1,200
| +11% | +$126K |
|
|
NXTM
2221
DELISTED
NxStage Medical Inc.
NXTM
| $1.31M | ﹤0.01% |
99,764
+23,000
| +30% | +$302K |
|
|
EBIX
2222
DELISTED
Ebix Inc
EBIX
| $1.31M | ﹤0.01% |
132,060
+11,400
| +9% | +$124K |
|
2223
Aviat Networks
AVNW
$282M
| $1.31M | ﹤0.01% |
84,664
+18,894
| +29% | +$296K |
|
2224
Ameris Bancorp
ABCB
$6B
| $1.31M | ﹤0.01% |
71,270
+37,300
| +110% | +$703K |
|
|
CCEC
2225
Capital Clean Energy Carriers
CCEC
$1.36B
| $1.3M | ﹤0.01% |
20,648
+2,957
| +17% | +$191K |
|
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.