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 | |
|---|---|---|---|---|---|---|
|
CVGW
2251
DELISTED
Calavo Growers
CVGW
| $1.25M | ﹤0.01% |
41,370
-3,200
| -7% | -$88.1K |
|
2252
Kadant
KAI
$3.91B
| $1.25M | ﹤0.01% |
37,201
+4,100
| +12% | +$135K |
|
2253
Astronics
ATRO
$4.57B
| $1.25M | ﹤0.01% |
68,658
-27,080
| -28% | -$437K |
|
|
TVTY
2254
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $1.25M | ﹤0.01% |
67,426
-11,800
| -15% | -$213K |
|
2255
Bassett Furniture
BSET
$170M
| $1.25M | ﹤0.01% |
76,900
| – | – |
|
|
XXIA
2256
DELISTED
Ixia
XXIA
| $1.24M | ﹤0.01% |
79,203
+19,900
| +34% | +$306K |
|
|
SPA
2257
DELISTED
Sparton
SPA
| $1.24M | ﹤0.01% |
48,599
-31,900
| -40% | -$630K |
|
2258
Astec Industries
ASTE
$975M
| $1.23M | ﹤0.01% |
34,292
-6,700
| -16% | -$239K |
|
2259
Tompkins Financial
TMP
$1.45B
| $1.23M | ﹤0.01% |
26,645
+3,669
| +16% | +$166K |
|
2260
BJ's Restaurants
BJRI
$1.42B
| $1.23M | ﹤0.01% |
42,875
+9,000
| +27% | +$304K |
|
2261
Lakeland Financial Corp
LKFN
$1.56B
| $1.23M | ﹤0.01% |
56,402
+3,300
| +6% | +$69.9K |
|
|
JOYY
2262
JOYY Inc
JOYY
$3.64B
| $1.23M | ﹤0.01% |
+26,200
| New | +$1.06M |
|
2263
LivePerson
LPSN
$35.9M
| $1.22M | ﹤0.01% |
8,620
+1,053
| +14% | +$154K |
|
|
CALL
2264
DELISTED
magicJack VocalTec Ltd
CALL
| $1.22M | ﹤0.01% |
94,700
+4,200
| +5% | +$60.3K |
|
2265
Kosmos Energy
KOS
$1.51B
| $1.22M | ﹤0.01% |
118,500
-2,555
| -2% | -$26.8K |
|
2266
National Presto Industries
NPK
$987M
| $1.22M | ﹤0.01% |
17,301
+3,400
| +24% | +$248K |
|
2267
TTM Technologies
TTMI
$14.6B
| $1.21M | ﹤0.01% |
124,421
+20,700
| +20% | +$197K |
|
2268
Standard Motor Products
SMP
$870M
| $1.21M | ﹤0.01% |
37,700
+4,800
| +15% | +$158K |
|
|
PSEM
2269
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $1.2M | ﹤0.01% |
154,209
+7,600
| +5% | +$56.7K |
|
|
SPNC
2270
DELISTED
Spectranetics Corp
SPNC
| $1.2M | ﹤0.01% |
71,593
+14,295
| +25% | +$249K |
|
|
ISLE
2271
DELISTED
Isle of Capri Casinos Inc
ISLE
| $1.2M | ﹤0.01% |
158,855
+6,400
| +4% | +$49.1K |
|
|
SREV
2272
DELISTED
ServiceSource International, Inc.
SREV
| $1.2M | ﹤0.01% |
99,300
-39,700
| -29% | -$469K |
|
2273
Innospec
IOSP
$2.31B
| $1.19M | ﹤0.01% |
25,600
+7,500
| +41% | +$323K |
|
|
MILL
2274
DELISTED
MILLER ENERGY RESOURCES, INC COM STK
MILL
| $1.19M | ﹤0.01% |
164,500
+11,000
| +7% | +$61.1K |
|
|
FUBC
2275
DELISTED
1st United Bancorp (Florida)
FUBC
| $1.19M | ﹤0.01% |
162,700
+87,400
| +116% | +$655K |
|
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.