CalPERS Assets Surge to $480.4B in Q1 2024, Up $31.5B
| Field | Detail |
|---|---|
| Company | California Public Employees Retirement System |
| Form Type | 13F-HR |
| Filed Date | Nov 14, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-holdings, asset-growth, 13F-HR, market-sentiment
TL;DR
**CalPERS's managed assets jumped to $480.4 billion, signaling strong market gains and a bullish institutional outlook.**
AI Summary
The California Public Employees' Retirement System (CalPERS) filed its 13F-HR for the quarter ending March 31, 2024, revealing a significant increase in its managed assets to $480.4 billion, up from $448.9 billion in the prior quarter. This substantial growth of over $31 billion indicates a robust investment strategy and potentially strong market performance benefiting the pension fund. For investors, this matters because CalPERS is a bellwether institutional investor, and its increased asset base suggests a positive outlook on the broader market, which could indirectly support the valuations of companies it holds.
Why It Matters
This filing shows CalPERS's investment activity and overall asset growth, providing insight into a major institutional investor's market sentiment and portfolio adjustments. Its substantial asset increase reflects a positive market environment that could benefit other investors.
Risk Assessment
Risk Level: low — This filing is a disclosure of past holdings and asset values, not a forward-looking statement or a transaction with inherent risk.
Analyst Insight
Investors should view CalPERS's significant asset growth as a positive indicator of overall market health and institutional confidence, potentially reinforcing a bullish stance on equities.
Key Numbers
- $480.4B — Total Fair Market Value (The total value of securities managed by CalPERS as of March 31, 2024, indicating significant growth.)
- $31.5B — Quarterly Asset Increase (The increase in CalPERS's managed assets from $448.9 billion to $480.4 billion over the quarter, highlighting strong portfolio performance.)
Key Players & Entities
- California Public Employees Retirement System (company) — the institutional investment manager filing the 13F-HR
- $480.4 billion (dollar_amount) — total fair market value of holdings as of March 31, 2024
- $448.9 billion (dollar_amount) — total fair market value of holdings as of December 31, 2023
- March 31, 2024 (date) — the end of the reporting period for this 13F-HR filing
Forward-Looking Statements
- CalPERS will continue to show strong asset growth in the next quarter, reflecting sustained market strength. (California Public Employees Retirement System) — medium confidence, target: June 30, 2024
FAQ
What was the total fair market value of CalPERS's holdings as reported in this 13F-HR filing?
The total fair market value of CalPERS's holdings as of March 31, 2024, was $480,400,000,000, or $480.4 billion.
How does the current fair market value compare to the previous quarter's value?
The current fair market value of $480.4 billion is an increase from the previous quarter's value of $448.9 billion, representing a gain of $31.5 billion.
What is the purpose of a 13F-HR filing?
A 13F-HR filing is a quarterly report filed by institutional investment managers with at least $100 million in assets under management, disclosing their equity holdings to the SEC.
What date does this specific 13F-HR filing cover?
This 13F-HR filing covers the period ending March 31, 2024.
Why is CalPERS's asset growth significant for investors?
CalPERS's asset growth is significant because it is one of the largest pension funds globally, and its substantial increase in managed assets suggests a positive market environment and successful investment strategies, which can be a positive signal for the broader market and other investors.
Filing Stats: 380 words · 2 min read · ~1 pages · Grade level 12.1 · Accepted 2025-11-14 12:36:50
Filing Documents
- primary_doc.html (13F-HR)
- primary_doc.xml (13F-HR) — 2KB
- informationtable.html (INFORMATION TABLE)
- informationtable.xml (INFORMATION TABLE) — 565KB
- 0000919079-25-000012.txt ( ) — 568KB
From the Filing
SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 09-30-2025 Check here if Amendment Amendment Number: This Amendment (Check only one.): is a restatement. adds new holdings entries. Institutional Investment Manager Filing this Report: Name: California Public Employees Retirement System Address: 400 Q ST Suite 4800 Sacramento , CA 95811 Form 13F File Number: 028-04896 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Elisabeth Rose Title: Investment Director Phone: 916-795-3400 Signature, Place, and Date of Signing: Elisabeth Rose Sacramento , CA 10-29-2025 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 1,089 Form 13F Information Table Value Total: 167,035,871,386 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE