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 | |
|---|---|---|---|---|---|---|
|
ROCM
2426
DELISTED
ROCHESTER MEDICAL CORP
ROCM
| $944K | ﹤0.01% |
47,300
| – | – |
|
2427
Great Elm Group
GEG
$67.4M
| $937K | ﹤0.01% |
45,140
+5,223
| +13% | +$117K |
|
2428
Community Trust Bancorp
CTBI
$1.44B
| $936K | ﹤0.01% |
25,361
+4,730
| +23% | +$168K |
|
2429
German American Bancorp
GABC
$1.92B
| $936K | ﹤0.01% |
55,650
+6,750
| +14% | +$114K |
|
|
GCOM
2430
DELISTED
GLOBECOMM SYSTEMS INC
GCOM
| $936K | ﹤0.01% |
66,720
+8,200
| +14% | +$116K |
|
2431
Agilysys
AGYS
$3.25B
| $932K | ﹤0.01% |
78,163
-15,285
| -16% | -$179K |
|
2432
Manchester United
MANU
$4.02B
| $931K | ﹤0.01% |
53,600
+900
| +2% | +$15.4K |
|
2433
Towne Bank
TOWN
$3.5B
| $931K | ﹤0.01% |
64,551
+740
| +1% | +$11.3K |
|
2434
Terreno Realty
TRNO
$7.5B
| $929K | ﹤0.01% |
52,300
+6,600
| +14% | +$119K |
|
2435
Zurn Elkay Water Solutions
ZWS
$8.41B
| $928K | ﹤0.01% |
92,590
+29,480
| +47% | +$272K |
|
|
LDR
2436
DELISTED
Landauer Inc
LDR
| $928K | ﹤0.01% |
18,101
+3,300
| +22% | +$160K |
|
|
CCIX
2437
DELISTED
COLEMAN CABLE IN COM
CCIX
| $927K | ﹤0.01% |
43,900
+2,583
| +6% | +$52.5K |
|
2438
Northrim BanCorp
NRIM
$601M
| $925K | ﹤0.01% |
153,472
| – | – |
|
2439
OneSpan
OSPN
$624M
| $925K | ﹤0.01% |
117,225
+8,400
| +8% | +$69.2K |
|
|
SNMP
2440
DELISTED
Evolve Transition Infrastructure LP
SNMP
| $925K | ﹤0.01% |
1,441
| – | – |
|
|
EPIQ
2441
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $925K | ﹤0.01% |
69,937
+10,800
| +18% | +$141K |
|
|
PKY
2442
DELISTED
Parkway, Inc.
PKY
| $924K | ﹤0.01% |
51,975
+17,000
| +49% | +$298K |
|
|
KG
2443
Kestrel Group
KG
$60.5M
| $923K | ﹤0.01% |
3,908
+1,055
| +37% | +$262K |
|
|
SKH
2444
DELISTED
SKILLED HEALTHCARE GROUP, INC. CLASS A COM STK
SKH
| $922K | ﹤0.01% |
211,527
+25,500
| +14% | +$138K |
|
|
HTWR
2445
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $915K | ﹤0.01% |
12,500
+5,565
| +80% | +$475K |
|
|
TUMI
2446
DELISTED
TUMI HLDGS INC COM
TUMI
| $915K | ﹤0.01% |
45,400
+19,100
| +73% | +$432K |
|
2447
UFP Industries
UFPI
$5.03B
| $914K | ﹤0.01% |
65,115
+22,200
| +52% | +$296K |
|
2448
American Superconductor
AMSC
$1.53B
| $907K | ﹤0.01% |
38,749
+1,630
| +4% | +$41.3K |
|
2449
TAL Education Group
TAL
$6.43B
| $906K | ﹤0.01% |
375,000
+80,928
| +28% | +$165K |
|
|
HMIN
2450
DELISTED
HOMEINNS HOTEL GROUP SPONSORED ADR
HMIN
| $906K | ﹤0.01% |
27,300
+20,200
| +285% | +$621K |
|
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.