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 | |
|---|---|---|---|---|---|---|
2351
DMC Global
BOOM
$153M
| $1.39M | ﹤0.01% |
62,000
+7,141
| +13% | +$158K |
|
|
CGI
2352
DELISTED
Celadon Group Inc
CGI
| $1.39M | ﹤0.01% |
72,400
-124
| -0.2% | -$2.36K |
|
|
METR
2353
DELISTED
METRO BANCORP, INC COMMON STOCK
METR
| $1.39M | ﹤0.01% |
64,200
-10,500
| -14% | -$228K |
|
|
VVUS
2354
DELISTED
Vivus Inc
VVUS
| $1.39M | ﹤0.01% |
14,860
-432
| -3% | -$41.7K |
|
|
CAS
2355
DELISTED
A M Castle & Co
CAS
| $1.38M | ﹤0.01% |
93,098
+69,992
| +303% | +$1.02M |
|
|
INFI
2356
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.38M | ﹤0.01% |
107,600
-2,100
| -2% | -$29.7K |
|
2357
TAL Education Group
TAL
$6.43B
| $1.37M | ﹤0.01% |
375,000
| – | – |
|
|
KZ
2358
DELISTED
KongZhong Corporation
KZ
| $1.37M | ﹤0.01% |
184,900
-1,200
| -0.6% | -$10.5K |
|
2359
Arrow Financial
AROW
$723M
| $1.37M | ﹤0.01% |
66,813
+1,069
| +2% | +$21.3K |
|
|
RTI
2360
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $1.37M | ﹤0.01% |
39,416
+9,346
| +31% | +$318K |
|
2361
Companhia Siderúrgica Nacional
SID
$1.19B
| $1.37M | ﹤0.01% |
+221,229
| New | +$1.21M |
|
2362
Materion
MTRN
$5.88B
| $1.36M | ﹤0.01% |
45,800
-927
| -2% | -$26.9K |
|
2363
Usana Health Sciences
USNA
$252M
| $1.36M | ﹤0.01% |
35,684
-7,884
| -18% | -$302K |
|
2364
BJ's Restaurants
BJRI
$1.42B
| $1.36M | ﹤0.01% |
43,300
+425
| +1% | +$12.2K |
|
2365
Evertec
EVTC
$1.91B
| $1.36M | ﹤0.01% |
56,262
+30,062
| +115% | +$679K |
|
|
AAT
2366
American Assets Trust
AAT
$1.41B
| $1.36M | ﹤0.01% |
43,200
-2,300
| -5% | -$73.7K |
|
|
LXFT
2367
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.36M | ﹤0.01% |
+36,000
| New | +$1.18M |
|
|
PLXT
2368
DELISTED
PLX TECHNOLOGY INC
PLXT
| $1.36M | ﹤0.01% |
201,800
-102,800
| -34% | -$644K |
|
|
STNR
2369
DELISTED
STEINER LEISURE LTD
STNR
| $1.36M | ﹤0.01% |
28,355
+22,508
| +385% | +$1.28M |
|
2370
Norwegian Cruise Line
NCLH
$8.98B
| $1.36M | ﹤0.01% |
+38,800
| New | +$1.26M |
|
|
HGG
2371
DELISTED
hhgregg Inc.
HGG
| $1.36M | ﹤0.01% |
93,300
-21,727
| -19% | -$348K |
|
|
FSYS
2372
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $1.36M | ﹤0.01% |
104,552
-24,250
| -19% | -$373K |
|
|
EGLE
2373
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $1.35M | ﹤0.01% |
119
+17
| +17% | +$211K |
|
|
ASEI
2374
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $1.35M | ﹤0.01% |
19,000
-351
| -2% | -$23.6K |
|
|
LORL
2375
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.35M | ﹤0.01% |
17,100
+253
| +2% | +$18.4K |
|
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.