City of Sacramento
City Council - 5PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2025-00359 4/1/2025 Consent Item 1.
February 2025 Monthly Investment Transactions Report
File ID: 2025-00359
Location: Citywide
Recommendation: Receive and file.
Contact: Stacy Hussey, Chief Investment Officer, (916) 808-7746, [email protected], Office of the City Treasurer
Presenter: None
Attachments:
1-Description/Analysis
2-Attachments A to F
Description/Analysis
Issue Detail: The City Treasurer provides monthly reports to the City Council on current investment activity.
Policy Considerations: The City Treasurer routinely reports on monthly investment transactions to keep the City Council advised of current investment activity.
Economic Impacts: None.
Environmental Considerations: This action is not a project that is subject to California Environmental Quality Act (CEQA) because it is an administrative activity that will not result in direct or indirect physical changes in the environment and because it relates to government fiscal activities that do not involve any commitment to any specific project that may result in a potentially significant physical impact on the environment. (CEQA Guidelines § 15378 (a), (b)(2), and (b)(5)).
Sustainability: None.
Commission/Committee Action: None.
File ID: 2025-00359 4/1/2025 Consent Item 1.
Rationale for Recommendation: The City Treasurer is responsible for depositing and investing funds in the City treasury and for reporting on investment activity in accordance with the authority granted by City Charter Section 73, City Council ordinances and resolutions, and applicable state law. Consistent with the City of Sacramento Investment Policy which is updated annually by City Treasurer’s Office staff and was most recently adopted by City Council on June 25,2024, the monthly report herein lists the transactions as required by California Government Code section 53607. For informational purposes, the City Treasurer also reports on investment transactions of other funds invested by City Treasurer’s Office staff. The summary and transactions detail for the month ended February 28, 2025, are listed in Attachments A, B, C, D, E and F.
Financial Considerations: The monthly investment report sets forth the monthly transactions of the City Treasurer’s Office Investment Pool A funds. The market value of the Pool A investment portfolio (Portfolio) on January 31 was $1,677,728,408, while the market value of the Portfolio on February 28 was $1,715,114,023. The yield of the Portfolio in February was 2.99%. There were 28 total transactions for the period (17 purchases and 11 maturities). The estimated duration of the Portfolio as of February 28, 2025, is 1.32 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 102,219,866$ - $ -$ -$ 102,219,866$
Sales - - - - -
Calls - - - - -
Maturities 60,244,203 - - - 60,244,203
Contributions 127,322,323 - - - 127,322,323
Withdrawals 98,137,754 - 15,532 3,612 98,156,898 Total 387,924,146$ -$ 15,532$ 3,612$ 387,943,290$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases -$ -$ 1,458$ -$ 1,458$
Sales - 486,100 448,710 1,622,483 2,557,293 Calls - - - - -
Maturities 11,810 - - - 11,810
Expenses - - - - -
Contributions - - - - -
Withdrawals 325,378 1,216,804 807,486 175 2,349,843 Total 337,188$ 1,702,904$ 1,257,654$ 1,622,658$ 4,920,404$ City of Sacramento
Summary of Transactions
February-25
ATTACHMENT A
City of Sacramento
Summary of Transactions
February-25
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases 1,000,000$ 1,000,000$
Sales - -
Calls - -
M
aturities - -
Contr
ibutions - -
Withdr
awals - -
Total
1,000,000$ 1,000,000$
Capitol Area Development Authority (CADA) Funds:
CADA CADA-A CADA-B CADA-C Total
Contributions -$ -$ -$ -$ -$
Withdr
awals -
-
-
- -
Total
-$
-$
-$
-$
-$
A
ll Other Funds:
ARFCD RD SPLA SPLA-T TNBC Total
Purchases -$ -$ -$ -$ -$ -$
Sales -
-
-
-
- -
Calls -
-
-
-
- -
M
aturities -
-
-
-
- -
Contr
ibutions -
-
1,189,305 -
- 1,189,305
Withdr
awals -
-
-
-
- -
Total
-$
-$
1,189,305$ -$
-$
1,189,305$
GRAND TOTAL 395,052,999$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-10-25 5,000,000 International Finance Corporation 99.94 4,997,250
4.500% Due 02-14-30
02-11-25 5,000,000 Fannie Mae 100.00 5,000,000
4.500% Due 02-18-28
02-12-25 5,000,000 Federal Home Loan Bank 99.77 4,988,750
4.750% Due 02-04-30
02-12-25 5,000,000 Federal Home Loan Bank 100.00 5,000,000
4.750% Due 02-12-30
02-12-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.820% Due 02-19-30
02-12-25 6,250,000 Los Angeles Calif Cmnty College 101.91 6,369,687
5.520% Due 08-01-29
02-12-25 5,000,000 International Bk Recon & Develop 99.70 4,984,850
4.625% Due 02-12-30
02-13-25 7,000,000 Honeywell Intl Inc 99.13 6,938,820
4.700% Due 02-01-30
02-14-25 5,000,000 Fannie Mae 99.90 4,995,000
4.625% Due 12-11-29
02-20-25 5,000,000 Goldman Sachs Bank Usa 100.00 5,000,000
5.000% Due 03-06-28
02-20-25 5,000,000 Hyundai Capital America 100.96 5,048,000
5.300% Due 06-24-29
02-24-2510,000,000 Mizuho Bank Ltd. New York Bra 96.81 9,681,250
4.250% Due 11-21-25
02-25-2510,000,000 Credit Agricole Corp 96.83 9,683,178
4.240% Due 11-21-25
02-27-25 5,000,000 Mercedes-Benz Fin North Amer 100.06 5,002,900
4.800% Due 08-01-29
02-27-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.470% Due 03-05-30
02-28-2510,000,000 MUFG Bank Ltd/NY 96.83 9,683,500
4.220% Due 11-25-25
02-28-25 5,000,000 Pepsico Inc 96.93 4,846,681
4.150% Due 11-21-25
TOTAL 102,219,866
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
02-01-25 750,000 California Statewide Cmntys De 100.00 750,000 100.00 750,000 0
0.732% Due 02-01-25
02-03-25 5,005,000 Bank Nova Scotia B C 101.85 5,097,643 100.00 5,005,000 -92,643
2.200% Due 02-03-25
02-04-25 7,000,000 Natixis NY 96.47 6,752,814 96.47 6,752,814 0
5.210% Due 02-04-25
02-12-25 5,000,000 Freddie Mac 97.36 4,867,950 100.00 5,000,000 132,050
1.500% Due 02-12-25
02-14-25 4,245,000 3M Company 100.58 4,269,791 100.00 4,245,000 -24,791
2.000% Due 02-14-25
02-15-25 5,000,000 WW Grainger Inc 103.11 5,155,700 100.00 5,000,000 -155,700
1.850% Due 02-15-25
02-25-25 5,000,000 Federal Home Loan Bank 99.82 4,991,150 100.00 5,000,000 8,850
5.060% Due 02-25-25
02-25-25 9,000,000 MUFG 96.97
8,727,480 100.00 9,000,000 272,520
2.193% Due 02-25-25
02-26-25 5,000,000 Federal Home Loan Bank 99.81 4,990,650 100.00 5,000,000 9,350
5.000% Due 02-26-25
02-27-25 5,000,000 Royal Bank of Canada 100.00 5,000,000 100.00 5,000,000 0
2.200% Due 02-27-25
02-28-2510,000,000 Natixis NY 96.41 9,641,025 96.41 9,641,025 0
5.190% Due 02-28-25
TOTAL 60,244,203 60,393,839 149,637
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
02-03-25 JP Morgan Chase Cash 8,040,730
02-04-25 JP Morgan Chase Cash 4,023,075
02-04-25 Fidelity Fund 18,750
02-05-25 JP Morgan Chase Cash 5,415,386
02-07-25 JP Morgan Chase Cash 2,898,656
02-10-25 JP Morgan Chase Cash 7,987,446
02-11-25 JP Morgan Chase Cash 2,381,246
02-12-25 JP Morgan Chase Cash 8,467,436
02-13-25 JP Morgan Chase Cash 3,280,248
02-18-25 JP Morgan Chase Cash 15,667,573
02-19-25 JP Morgan Chase Cash 2,968,646
02-20-25 JP Morgan Chase Cash 1,388
02-20-25 Fidelity Fund 800,000
02-20-25 Fidelity Fund 1,200,000
02-21-25 JP Morgan Chase Cash 18,532,148
02-24-25 JP Morgan Chase Cash 12,396,495
02-25-25 JP Morgan Chase Cash 28,260,471
02-28-25 JP Morgan Chase Cash 4,607,814
02-28-25 Fidelity Fund 6,002
02-28-25 Fidelity Fund 3,612
02-28-25 Fidelity Fund 15,532
02-28-25 Fidelity Fund 325,378
02-28-25 Fidelity Fund 16,804
02-28-25 Fidelity Fund 7,486
TOTAL 127,322,323
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-03-25 JP Morgan Chase Cash 1,116,306
02-04-25 JP Morgan Chase Cash 13,964,114
02-05-25 JP Morgan Chase Cash 8,315,925
02-06-25 JP Morgan Chase Cash 3,610,646
02-07-25 JP Morgan Chase Cash 1,008,722
02-10-25 JP Morgan Chase Cash 1,654,185
02-11-25 JP Morgan Chase Cash 2,744,401
02-12-25 JP Morgan Chase Cash 1,198,957
02-13-25 JP Morgan Chase Cash 875,760
02-14-25 JP Morgan Chase Cash 2,149,997
02-18-25 JP Morgan Chase Cash 20,952,603
02-19-25 JP Morgan Chase Cash 9,349,102
02-20-25 JP Morgan Chase Cash 1,263,827
02-21-25 JP Morgan Chase Cash 959,323
02-24-25 JP Morgan Chase Cash 4,166,887
02-25-25 JP Morgan Chase Cash 2,742,451
02-26-25 JP Morgan Chase Cash 9,947,033
02-27-25 JP Morgan Chase Cash 8,862,275
02-28-25 JP Morgan Chase Cash 3,255,239
TOTAL 98,137,754
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-25 Pool A Cash 15,532
TOTAL 15,532
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-25 Pool A Cash 3,612
TOTAL 3,612
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
02-18-25 102 Gnma Pool #439515 98.06 100 100.00 102 2
7.000% Due 03-15-27
02-18-25 1,183 Gnma Pool #550718 97.31 1,151 100.00 1,183 32
5.000% Due 11-15-35
02-18-25 400 Gnma Pool #648348 99.66 398 100.00 400 1
5.500% Due 10-15-35
02-25-25 3,446 Freddie Mac Pool #SD8278 101.37 3,493 100.00 3,446 -47
6.000% Due 12-01-52
02-25-25 2,401 Freddie Mac Pool #SD8343 100.06 2,403 100.00 2,401 -2
6.000% Due 07-01-53
02-25-25 4,140 Freddie Mac Pool #SD8432 100.41 4,157 100.00 4,140 -17
6.000% Due 05-01-54
02-25-25 107 Fannie Mae Pool #256393 99.67 107 100.00 107 0
6.000% Due 09-01-36
TOTAL 11,810 11,779 -30
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-25 Pool A Cash 325,378
TOTAL 325,378
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
02-18-25 2,310 Bank Of America Corp 15.27 35,273 46.35 107,063 71,790 02-18-25 800 International Bus Mach 142.41 113,931 260.65 208,518 94,587 02-18-25 1,100 Jpmorgan Chase & Co 67.46 74,202 277.13 304,840 230,638 02-18-25 1,400 Morgan Stanley Com New 104.00 145,598 139.21 194,896 49,298 02-18-25 3,000 Wal Mart Stores Inc 39.03 117,096 103.03 309,078 191,983 TOTAL 486,100 1,124,395 638,295
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-20-25 Pool A Cash 1,200,000
02-28-25 Pool A Cash 16,804
TOTAL 1,216,804
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-05-25 35 Apple Inc Cll Opt 255.0000 02212025 0.16 552 02-05-25 100 Vaneck Etf Tru Cll Opt280.0000
02212025
0.16 1,578
02-06-25 -50 Amazon Com Inc Cll Opt265.00 00
022
12025
1.48 -7,398
02-07-25 50 Amazon Com Inc Cll Opt265.0000
02212025
0.09 439
02-07-25 150 Select Sector Cll Opt 250.0000
02212025
0.11 1,617
02-12-25 200 Spdr Ser Tr Cll Opt 67.0000 02212025 0.09 1,755 TOTAL -1,458
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
02-05-25 0 Apple Inc Cll Opt 255.0000 02212025 0.00 552 0.00 5,564 5,012 02-05-25 0 Vaneck Etf Tru Cll Opt280.0000
02212025
0.00 1,578 0.00 14,847 13,269
02-07-25 0 Amazon Com Inc Cll Opt265.0000
02212025
0.00 439 0.00 7,398 6,960
02-07-25 0 Select Sector Cll Opt 250.0000
02212025
0.00 1,617 0.00 9,446 7,829
02-12-25 0 Spdr Ser Tr Cll Opt 67.0000 02212025 0.00 1,755 0.00 9,594 7,839 02-18-25 1,500 Unitedhealth Group Inc 295.18 442,769 508.76 763,135 320,366 02-21-25 -15 Meta Platforms Cll Opt760.000
0 022
12025
0.00 0 0.00 9,419 9,419
TOTAL 448,710 819,403 370,694
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-20-25 Pool A Cash 800,000
02-28-25 Pool A Cash 7,486
TOTAL 807,486
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
02-27-25 35,000 Ishares Msci Acwi Us Etf 46.36 1,622,483 55.86 1,955,046 332,563 TOTAL 1,622,483 1,955,046 332,563
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-25 Pool A Cash 175
TOTAL 175
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-11-25 500,000 Fannie Mae 100.00 500,000
4.500% Due 02-18-28
02-12-25 500,000 Federal Farm Credit Bank 100.00 500,000
4.820% Due 02-19-30
TOTAL 1,000,000
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT E
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Tax Exempt
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Taxable
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
CADA 2020 Taxable Bond Proceeds
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
American River Flood Control District
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT F
City of Sacramento
TRANSACTION SUMMARY
Reclamation District No. 1000
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
02-03-25 Pool A Cash 1,189,305
TOTAL 1,189,305
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
The Natomas Basin Conservancy
From 02-01-25 To 02-28-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!