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
55.8
Percentile
88
What does this mean?
This fund has voted against the recommendation of management on 55.8% of the proposals it has faced. This makes it more activist than 88% 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
|
7.2 | 65 | |
|
Executive compensation
EC
|
40.4 | 88 | |
|
Corporate governance
CG
|
90.4 | 97 | |
|
Corporate impact
CI
|
85.0 | 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
|
7.2 |
|
238 | 3,048 | 0 | ||
|
|||||||
|
Management Proposals
|
10.4 |
|
24 | 206 | 0 | ||
|
Shareholder Proposals
|
70.4 |
|
126 | 53 | 0 | ||
|
|||||||
|
Board Independence and Performance
|
71.2 |
|
42 | 17 | 0 | ||
|
Voting Rules
|
100.0 |
|
99 | 0 | 0 | ||
|
Takeover Defenses
|
100.0 |
|
35 | 0 | 0 | ||
|
|||||||
|
Employment and Working Conditions
|
80.0 |
|
36 | 9 | 0 | ||
|
Environmental and Social
|
85.6 |
|
95 | 16 | 0 | ||
|
Political Influence and Charitable Contributions
|
89.3 |
|
50 | 6 | 0 | ||