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 | |
|---|---|---|---|---|---|---|
2351
Icahn Enterprises
IEP
$5.33B
| $1.07M | ﹤0.01% |
12,800
+61
| +0.5% | +$4.59K |
|
|
UBNK
2352
DELISTED
UNITIED FINANCIAL BANCORP INC
UBNK
| $1.07M | ﹤0.01% |
65,949
+7,624
| +13% | +$122K |
|
2353
FreightCar America
RAIL
$243M
| $1.06M | ﹤0.01% |
51,424
+5,400
| +12% | +$99.9K |
|
|
TAST
2354
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $1.06M | ﹤0.01% |
174,317
-14,800
| -8% | -$93.8K |
|
2355
STAG Industrial
STAG
$7.12B
| $1.06M | ﹤0.01% |
52,800
+15,800
| +43% | +$323K |
|
2356
Movado Group
MOV
$796M
| $1.06M | ﹤0.01% |
24,211
+7,300
| +43% | +$286K |
|
2357
Standex International
SXI
$3.97B
| $1.06M | ﹤0.01% |
17,827
+4,600
| +35% | +$265K |
|
|
MSB
2358
Mesabi Trust
MSB
$305M
| $1.06M | ﹤0.01% |
48,200
+3,000
| +7% | +$58.6K |
|
2359
BioCryst Pharmaceuticals
BCRX
$2.51B
| $1.05M | ﹤0.01% |
144,500
-2,000
| -1% | -$10.1K |
|
|
RST
2360
DELISTED
ROSETTA STONE INC
RST
| $1.05M | ﹤0.01% |
64,800
-12,200
| -16% | -$195K |
|
2361
NVE Corp
NVEC
$563M
| $1.05M | ﹤0.01% |
20,500
+1,652
| +9% | +$82K |
|
|
IMN
2362
DELISTED
Imation
IMN
| $1.05M | ﹤0.01% |
255,180
| – | – |
|
|
ZIGO
2363
DELISTED
ZYGO CORP
ZIGO
| $1.04M | ﹤0.01% |
64,973
+6,722
| +12% | +$104K |
|
|
PRKR
2364
DELISTED
Parkervision Inc
PRKR
| $1.04M | ﹤0.01% |
30,950
+3,121
| +11% | +$125K |
|
|
CYNI
2365
DELISTED
CYAN INC COM
CYNI
| $1.03M | ﹤0.01% |
103,000
+3,000
| +3% | +$30K |
|
|
HWCC
2366
DELISTED
Houston Wire & Cable Company
HWCC
| $1.03M | ﹤0.01% |
76,689
+1,300
| +2% | +$17.9K |
|
2367
Orion Group Holdings
ORN
$392M
| $1.03M | ﹤0.01% |
99,180
-26,200
| -21% | -$289K |
|
2368
DHI Group
DHX
$174M
| $1.03M | ﹤0.01% |
120,994
+16,300
| +16% | +$144K |
|
2369
Cerus
CERS
$572M
| $1.03M | ﹤0.01% |
152,900
| – | – |
|
|
MGI
2370
DELISTED
MoneyGram International, Inc. New
MGI
| $1.03M | ﹤0.01% |
52,375
+22,450
| +75% | +$482K |
|
|
SYMM
2371
DELISTED
SYMMETRICOM INC
SYMM
| $1.02M | ﹤0.01% |
212,138
+15,600
| +8% | +$75.8K |
|
2372
OraSure Technologies
OSUR
$277M
| $1.02M | ﹤0.01% |
169,543
+20,200
| +14% | +$101K |
|
2373
CorVel
CRVL
$3.25B
| $1.01M | ﹤0.01% |
82,248
+14,700
| +22% | +$166K |
|
2374
Coca-Cola Consolidated
COKE
$12.7B
| $1.01M | ﹤0.01% |
161,660
+17,000
| +12% | +$108K |
|
2375
Ennis
EBF
$559M
| $1.01M | ﹤0.01% |
56,095
+5,900
| +12% | +$108K |
|
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.