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
57.0
Percentile
91
What does this mean?
This fund has voted against the recommendation of management on 57.0% 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
|
7.7 | 62 | |
|
Executive compensation
EC
|
43.0 | 83 | |
|
Corporate governance
CG
|
94.1 | 97 | |
|
Corporate impact
CI
|
83.4 | 93 |
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
|
7.7 |
|
603 | 7,212 | 0 | ||
|
|||||||
|
Management Proposals
|
7.5 |
|
39 | 481 | 0 | ||
|
Shareholder Proposals
|
78.4 |
|
265 | 73 | 0 | ||
|
|||||||
|
Board Independence and Performance
|
83.0 |
|
83 | 17 | 0 | ||
|
Voting Rules
|
99.2 |
|
257 | 2 | 0 | ||
|
Takeover Defenses
|
100.0 |
|
68 | 0 | 0 | ||
|
|||||||
|
Employment and Working Conditions
|
84.2 |
|
64 | 12 | 0 | ||
|
Environmental and Social
|
79.0 |
|
143 | 38 | 0 | ||
|
Political Influence and Charitable Contributions
|
87.1 |
|
128 | 19 | 0 | ||