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 | |
|---|---|---|---|---|---|---|
|
AXAS
2226
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.3M | ﹤0.01% |
25,290
+8,530
| +51% | +$422K |
|
|
CORE
2227
DELISTED
Core Mark Holding Co., Inc.
CORE
| $1.3M | ﹤0.01% |
78,204
+12,800
| +20% | +$207K |
|
|
ISH
2228
DELISTED
INTL SHIPHOLDING CORP
ISH
| $1.3M | ﹤0.01% |
47,220
| – | – |
|
2229
Interparfums
IPAR
$3.7B
| $1.29M | ﹤0.01% |
43,145
+4,400
| +11% | +$134K |
|
|
CKEC
2230
DELISTED
Carmike Cinemas Inc
CKEC
| $1.29M | ﹤0.01% |
58,500
-439
| -0.7% | -$8.47K |
|
|
GLDD
2231
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.29M | ﹤0.01% |
173,334
+20,100
| +13% | +$149K |
|
2232
Super Micro Computer
SMCI
$25.3B
| $1.28M | ﹤0.01% |
949,320
+427,000
| +82% | +$539K |
|
|
ALSK
2233
DELISTED
Alaska Communications Systems
ALSK
| $1.28M | ﹤0.01% |
499,300
| – | – |
|
2234
CEVA Inc
CEVA
$855M
| $1.28M | ﹤0.01% |
74,220
+8,000
| +12% | +$148K |
|
|
SRCI
2235
DELISTED
SRC Energy Inc
SRCI
| $1.28M | ﹤0.01% |
131,100
+21,400
| +20% | +$179K |
|
|
ATCO
2236
DELISTED
Atlas Corp.
ATCO
| $1.28M | ﹤0.01% |
52,200
+17,131
| +49% | +$372K |
|
|
WG
2237
DELISTED
Willbros Group
WG
| $1.27M | ﹤0.01% |
138,833
| – | – |
|
2238
Arrow Financial
AROW
$723M
| $1.27M | ﹤0.01% |
65,744
+5,753
| +10% | +$112K |
|
2239
DMC Global
BOOM
$153M
| $1.27M | ﹤0.01% |
54,859
+27,600
| +101% | +$563K |
|
|
STFC
2240
DELISTED
State Auto Financial Corp
STFC
| $1.27M | ﹤0.01% |
60,738
+5,500
| +10% | +$110K |
|
2241
Emergent Biosolutions
EBS
$230M
| $1.26M | ﹤0.01% |
66,360
+40,200
| +154% | +$718K |
|
2242
Enterprise Financial Services Corp
EFSC
$2.4B
| $1.26M | ﹤0.01% |
75,336
+5,900
| +8% | +$102K |
|
|
LAYN
2243
DELISTED
Layne Christensen Co
LAYN
| $1.26M | ﹤0.01% |
63,215
+8,900
| +16% | +$176K |
|
|
PHIIK
2244
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $1.26M | ﹤0.01% |
33,470
+2,700
| +9% | +$98.1K |
|
2245
Novavax
NVAX
$1.34B
| $1.26M | ﹤0.01% |
19,939
+2,535
| +15% | +$143K |
|
2246
Immersion
IMMR
$248M
| $1.26M | ﹤0.01% |
95,420
+10,080
| +12% | +$138K |
|
|
FLTX
2247
DELISTED
Fleetmatics Group PLC
FLTX
| $1.26M | ﹤0.01% |
33,500
+18,300
| +120% | +$736K |
|
|
MSFG
2248
DELISTED
MainSource Financial Group Inc
MSFG
| $1.25M | ﹤0.01% |
82,612
+2,200
| +3% | +$32K |
|
2249
Forestar Group
FOR
$1.51B
| $1.25M | ﹤0.01% |
58,265
+13,200
| +29% | +$279K |
|
|
CBM
2250
DELISTED
Cambrex Corporation
CBM
| $1.25M | ﹤0.01% |
95,000
-15,859
| -14% | -$224K |
|
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.