mean?
Institutional Investor
CalPERS
The California Public Employees' Retirement System (CalPERS) is the largest pension fund in the United States, with $250 billion in assets ($150 billion in equities). CalPERS discloses its votes for a subset of the companies it owns.
Overall
activism
score
activism
score
57.7
Percentile
91
What does this mean?
This fund has voted against the recommendation of management on 57.7% of the proposals it has faced. This makes it more activist than 91% of the funds in our database, as shown by the small blue and red plot above.
Activism Profile
| Issue area |
 Activism Score |
Activism Percentile |
Activism Plot |
|---|---|---|---|
|
Directors
D
|
7.8 | 62 | |
|
Executive compensation
EC
|
43.3 | 84 | |
|
Corporate governance
CG
|
93.0 | 95 | |
|
Corporate impact
CI
|
86.7 | 95 |
Activism footprint: More activist funds have larger footprints. Each corner depicts the fund's activism percentile on one issue area. (More detailed explanation)
on one issue area. (More detailed explanation)
Detailed Vote Record
» See this fund's voting guidelines
|
Activism Score
|
Activism Plot
|
Votes
|
|||||
|---|---|---|---|---|---|---|---|
|
Against mgmt | With mgmt | Abstain | ||||
|
Director Election
|
7.8 |
|
429 | 5,043 | 0 | ||
|
|||||||
|
Management Proposals
|
8.5 |
|
32 | 344 | 0 | ||
|
Shareholder Proposals
|
78.1 |
|
228 | 64 | 0 | ||
|
|||||||
|
Board Independence and Performance
|
79.5 |
|
66 | 17 | 0 | ||
|
Voting Rules
|
99.5 |
|
203 | 1 | 0 | ||
|
Takeover Defenses
|
100.0 |
|
52 | 0 | 0 | ||
|
|||||||
|
Employment and Working Conditions
|
84.8 |
|
56 | 10 | 0 | ||
|
Environmental and Social
|
84.6 |
|
126 | 23 | 0 | ||
|
Political Influence and Charitable Contributions
|
90.6 |
|
87 | 9 | 0 | ||