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 | |
|---|---|---|---|---|---|---|
2201
The Greenbrier Companies
GBX
$1.42B
| $1.72M | ﹤0.01% |
52,400
-955
| -2% | -$28.1K |
|
|
LDL
2202
DELISTED
Lydall, Inc.
LDL
| $1.71M | ﹤0.01% |
99,200
+19,600
| +25% | +$338K |
|
2203
Insmed
INSM
$27.6B
| $1.71M | ﹤0.01% |
100,800
-1,200
| -1% | -$18.4K |
|
|
TYPE
2204
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $1.71M | ﹤0.01% |
52,300
+161
| +0.3% | +$4.7K |
|
|
NKA
2205
DELISTED
NISKA GAS STORAGE PARTNERS LLC UNIT LTD LIABILITY CO INTS
NKA
| $1.71M | ﹤0.01% |
113,800
| – | – |
|
2206
Movado Group
MOV
$796M
| $1.71M | ﹤0.01% |
38,200
+13,989
| +58% | +$627K |
|
|
RKUS
2207
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $1.71M | ﹤0.01% |
120,300
+118,400
| +6,232% | +$1.74M |
|
2208
Natural Resource Partners
NRP
$1.36B
| $1.71M | ﹤0.01% |
8,620
+190
| +2% | +$37.9K |
|
2209
Stagwell
STGW
$2.28B
| $1.71M | ﹤0.01% |
68,280
+66,780
| +4,452% | +$1.45M |
|
|
HAYN
2210
DELISTED
Haynes International, Inc.
HAYN
| $1.7M | ﹤0.01% |
31,100
-544
| -2% | -$28.4K |
|
|
IPHS
2211
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.7M | ﹤0.01% |
34,400
+528
| +2% | +$26.3K |
|
|
GLOG
2212
DELISTED
GASLOG LTD
GLOG
| $1.7M | ﹤0.01% |
97,400
-24,700
| -20% | -$381K |
|
|
WILN
2213
DELISTED
Wi-LAN Inc.
WILN
| $1.7M | ﹤0.01% |
+501,600
| New | +$1.71M |
|
|
CSR
2214
Centerspace
CSR
$939M
| $1.69M | ﹤0.01% |
19,233
-63
| -0.3% | -$5.42K |
|
2215
Azenta
AZTA
$1.49B
| $1.68M | ﹤0.01% |
160,000
-567
| -0.4% | -$5.61K |
|
|
CBM
2216
DELISTED
Cambrex Corporation
CBM
| $1.68M | ﹤0.01% |
95,700
+700
| +0.7% | +$12.1K |
|
2217
Valhi
VHI
$466M
| $1.68M | ﹤0.01% |
9,333
| – | – |
|
2218
Ceco Environmental
CECO
$4.5B
| $1.68M | ﹤0.01% |
100,011
-80
| -0.1% | -$1.29K |
|
2219
The Bancorp
TBBK
$2.82B
| $1.68M | ﹤0.01% |
94,100
-21,100
| -18% | -$369K |
|
|
TRNX
2220
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $1.68M | ﹤0.01% |
91,600
-30,400
| -25% | -$573K |
|
2221
EXL Service
EXLS
$5.36B
| $1.67M | ﹤0.01% |
308,500
-1,575
| -0.5% | -$8.63K |
|
2222
Central Garden & Pet Co Class A
CENTA
$2.41B
| $1.66M | ﹤0.01% |
314,250
+46,231
| +17% | +$267K |
|
2223
Lakeland Financial Corp
LKFN
$1.56B
| $1.66M | ﹤0.01% |
63,959
+7,557
| +13% | +$181K |
|
2224
Option Care Health
OPCH
$3.61B
| $1.66M | ﹤0.01% |
58,475
-575
| -1% | -$16.3K |
|
|
CBEY
2225
DELISTED
CBEYOND INC COM STK
CBEY
| $1.65M | ﹤0.01% |
239,300
+29,602
| +14% | +$188K |
|
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.