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 | |
|---|---|---|---|---|---|---|
2226
Shenandoah Telecom
SHEN
$744M
| $1.65M | ﹤0.01% |
130,400
+13,160
| +11% | +$166K |
|
2227
NACCO Industries
NC
$316M
| $1.65M | ﹤0.01% |
114,564
-1,033
| -0.9% | -$13.9K |
|
|
NVDQ
2228
DELISTED
Novadaq Technologies Inc.
NVDQ
| $1.65M | ﹤0.01% |
+102,877
| New | +$1.71M |
|
|
MOBI
2229
DELISTED
Sky-mobi Limited ADS
MOBI
| $1.65M | ﹤0.01% |
493,701
-21,443
| -4% | -$84K |
|
|
MCP
2230
DELISTED
MOLYCORP INC COM STK
MCP
| $1.65M | ﹤0.01% |
342,800
+87,600
| +34% | +$462K |
|
2231
Consumer Portfolio Services
CPSS
$208M
| $1.65M | ﹤0.01% |
180,500
+18,300
| +11% | +$132K |
|
2232
MarineMax
HZO
$1.15B
| $1.65M | ﹤0.01% |
100,300
+46,200
| +85% | +$697K |
|
2233
First Bancorp
FBNC
$2.74B
| $1.64M | ﹤0.01% |
97,200
-25,137
| -21% | -$386K |
|
|
UNTD
2234
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $1.64M | ﹤0.01% |
118,138
+41,428
| +54% | +$1.27M |
|
|
NWLIA
2235
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $1.64M | ﹤0.01% |
7,349
-85
| -1% | -$19K |
|
2236
Cass Information Systems
CASS
$750M
| $1.64M | ﹤0.01% |
32,143
+10,846
| +51% | +$485K |
|
2237
AngioDynamics
ANGO
$647M
| $1.64M | ﹤0.01% |
99,200
+11,190
| +13% | +$172K |
|
2238
Banco Santander Chile
BSAC
$16.1B
| $1.64M | ﹤0.01% |
+71,930
| New | +$1.7M |
|
2239
Community Bank
CBU
$3.46B
| $1.64M | ﹤0.01% |
40,700
+1,032
| +3% | +$38.1K |
|
2240
Eagle Bancorp
EGBN
$877M
| $1.64M | ﹤0.01% |
52,819
-8,090
| -13% | -$239K |
|
|
LBAI
2241
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.64M | ﹤0.01% |
137,652
-1,140
| -0.8% | -$12.9K |
|
|
SPPI
2242
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.63M | ﹤0.01% |
189,800
-2,500
| -1% | -$22.3K |
|
|
ANEN
2243
DELISTED
ANAREN INC
ANEN
| $1.63M | ﹤0.01% |
58,300
-41,610
| -42% | -$1.13M |
|
|
MRLN
2244
DELISTED
Marlin Business Services Corp
MRLN
| $1.63M | ﹤0.01% |
63,900
-400
| -0.6% | -$10.1K |
|
|
LTM
2245
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $1.62M | ﹤0.01% |
+104,780
| New | +$1.68M |
|
2246
Camden National
CAC
$996M
| $1.62M | ﹤0.01% |
57,300
-450
| -0.8% | -$12.3K |
|
|
CXDC
2247
DELISTED
China XD Plastics Company Limited
CXDC
| $1.62M | ﹤0.01% |
294,200
+255,200
| +654% | +$1.24M |
|
|
AMWD
2248
DELISTED
American Woodmark
AMWD
| $1.62M | ﹤0.01% |
41,000
-409
| -1% | -$14.2K |
|
|
IRBT
2249
DELISTED
iRobot
IRBT
| $1.62M | ﹤0.01% |
45,425
-11,375
| -20% | -$388K |
|
|
KNL
2250
DELISTED
Knoll, Inc.
KNL
| $1.62M | ﹤0.01% |
88,600
-1,011
| -1% | -$17.2K |
|
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.