California Public Employees Retirement System Must Divest from Weapons Dealers

California Government

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The California Public Employees Retirement System (CalPERS, the sixth largest pension fund on earth) is invested in the following weapons dealers.

BAE Systems (United Kingdom), $77 million, 0.11% of total holdings.
Airbus Group (Trans-European), $1411 million, or 0.20%.
Finmeccanica (Italy), $29 million, or 0.04%.
Thales (France), $18 million, or 0.03%.
Rolls-Royce (United Kingdom), $98 million, or 0.14%.
SAFRAN (France), $64 million, or 0.09%.
Lockheed Martin, $167 million, or 0.22% of their total holdings.
Boeing, $252 million, or 0.33%.
Raytheon, $94 million, or 0.12%.
Northrop Grumman, $123 million, or 0.16%.
General Dynamics, $143 million, or 0.19%.
United Technologies, $333 million, or 0.44%.
L-3 Communications, $36 million, or 0.05%.
Huntington Ingalls, $26 million, or 0.03%.
Honeywell International, $309 million, or 0.41%.
Textron, $34 million, or 0.04%.

In addition, the California State Teachers Retirement System (CALSTRS) as of June 30, 2016 is invested in the following. The first number is that of shares, the second the market value in thousands of dollars:

Domestic Equities:
Lockheed Martin Corp         738,165         183,190
Boeing Co/The         1,635,727     212,432
Raytheon Company 1,632,503     221,939
Northrop Grumman Corp   865,662         192,419
General Dynamics Corp       827,634         115,240
United Technologies Corp   2,061,864     211,444
L 3 Communications Holdings         183,143         26,865
Huntington Ingalls Industrie           146,966         24,695
Honeywell International Inc           2,201,040     256,025
Textron Inc   644,048         23,546

International Equities:
BAE Systems Plc       4,286,549     30,027
Airbus Group Se       1,149,559     66,064
Thales Sa       287,942         23,995
Rolls Royce Holdings Plc       3,158,670     30,043          
Safran Sa       575,968         38,981


To: California Government
From: [Your Name]

Divest from weapons dealers.