City of Sacramento
City Council - 5PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2025-00863 7/29/2025
June 2025 Monthly Investment Transactions Report
File ID: 2025-00863
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: 2025-00863 7/29/2025
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 June 30, 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 May 31 was $1,801,777,926, while the market value of the Portfolio on June 30 was $1,795,312,263. The yield of the Portfolio in June was 3.11%. There were 32 total transactions for the period (14 purchases, 1 call and 17 maturities). The estimated duration of the Portfolio as of June 30, 2025, is 1.69 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 99,065,738$ -$ -$ -$ 99,065,738$
Sales - - - - -
Calls 5,048,400 - - - 5,048,400
Maturities 96,655,629 - - - 96,655,629
Contributions 93,779,942 - - - 93,779,942
Withdrawals 109,934,451 - 21,273 8,390 109,964,114 Total 404,484,160$ -$ 21,273$ 8,390$ 404,513,823$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases 998,990$ -$ 22,267$ -$ 1,021,257$ Sales - - 22,267 648,993 671,260
Calls - - - - -
Maturities 502,210 - - - 502,210
Expenses - - - - -
Contributions - - - - -
Withdrawals 284,250 425,125 208,805 903,808 1,821,988 Total 1,785,450$ 425,125$ 253,339$ 1,552,801$ 4,016,715$ City of Sacramento
Summary of Transactions
June-25
ATTACHMENT A
City of Sacramento
Summary of Transactions
June-25
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases 2,000,000$ 2,000,000$
Sales - -
Calls - -
Maturities 7,871,089 7,871,089
Contributions - -
Withdrawals - -
Total 9,871,089$ 9,871,089$
Capitol Area Development Authority (CADA) Funds:
CADA CADA-A CADA-B CADA-C Total
Contributions -$ -$ -$ -$ -$ Withdrawals - - - - - Total -$ -$ -$ -$ -$ All Other Funds:
ARFCD RD SPLA SPLA-T TNBC Total
Purchases -$ -$ -$ -$ -$ -$ Sales - - - - - - Calls - - - - - - Maturities - - - - - - Contributions - - 7,189,305 - - 7,189,305 Withdrawals - - 53 - - 53 Total -$ -$ 7,189,358$ -$ -$ 7,189,358$ GRAND TOTAL 425,590,985$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
06-02-25 5,000,000 Mutual Of Omaha Cos Global Fdg 101.28 5,063,780
5.000% Due 04-01-30
06-02-25 5,000,000 Siemens Funding B.V. 100.22 5,010,985
4.600% Due 05-28-30
06-02-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.400% Due 06-03-30
06-04-25 5,000,000 American Express 100.00 5,000,000
4.250% Due 06-12-28
06-06-25 5,000,000 Qualcom Inc 99.92 4,996,150
4.500% Due 05-20-30
06-10-25 5,000,000 Farmer Mac 99.99 4,999,500
4.300% Due 12-12-25
06-10-25 5,000,000 Farmer Mac 100.00 5,000,000
4.480% Due 06-17-30
06-10-25 7,000,000 U. S. Treasury Bill 98.92 6,924,509
4.220% Due 09-11-25
06-10-25 7,000,000 U. S. Treasury Bill 97.91 6,853,844
4.130% Due 12-11-25
06-12-25 5,000,000 Citibank NA 101.36 5,067,950
4.914% Due 05-29-30
06-23-25 5,000,000 John Deere Capital Corp 100.73 5,036,620
4.550% Due 06-05-30
06-23-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.650% Due 06-24-30
06-24-2530,000,000 Safe Credit Union CD 100.00 30,000,000
3.760% Due 06-24-30
06-25-25 5,000,000 Netflix Inc. 102.25 5,112,400
4.875% Due 06-15-30
TOTAL 99,065,738
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CALLS
06-19-25 5,000,000 Bank of America Corp 100.97 5,048,400 100.00 5,000,000 -48,400
1.319% Due 06-19-26
TOTAL 5,048,400 5,000,000 -48,400
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
06-01-25 2,567,000 Honeywell Intl Inc 101.90 2,615,773 100.00 2,567,000 -48,773
1.350% Due 06-01-25
06-01-25 5,000,000 Eli Lilly & Co 98.97 4,948,400 100.00 5,000,000 51,600
2.750% Due 06-01-25
06-01-25 1,250,000 California Health Facs Fing Auth
Revenue
100.00 1,250,000 100.00 1,250,000 0
0.952% Due 06-01-25
06-01-25 5,000,000 Florida State Board of Education Public Education
99.68 4,984,150 100.00 5,000,000 15,850
0.550% Due 06-01-25
06-01-25 1,000,000 Louisiana State 100.00 1,000,000 100.00 1,000,000 0
0.840% Due 06-01-25
06-03-25 5,000,000 Amazon Com Inc 101.16 5,057,900 100.00 5,000,000 -57,900
0.800% Due 06-03-25
06-10-25 3,000,000 Royal Bank of Canada 100.27 3,008,130 100.00 3,000,000 -8,130
1.150% Due 06-10-25
06-11-25 5,000,000 Bank Nova Scotia B C 100.96 5,048,100 100.00 5,000,000 -48,100
1.300% Due 06-11-25
06-15-25 500,000 Louisiana St Hwy Impt Rev 100.00 500,000 100.00 500,000 0
0.697% Due 06-15-25
06-15-25 9,000,000 Private Export Funding Corp 98.00 8,820,000 100.00 9,000,000 180,000
3.250% Due 06-15-25
06-23-25 3,000,000 JP Morgan Chase Financia l Co LLC 100.00 3,000,000 100.00 3,000,000 0
1.000% Due 06-23-25
06-23-25 5,000,000 Natixis NY 96.94 4,847,193 96.94 4,847,193 0
4.090% Due 06-23-25
06-23-25 5,000,000 Freddie Mac 99.95 4,997,500 100.00 5,000,000 2,500
0.700% Due 06-23-25
06-24-2530,000,000 Safe Credit Union CD 100.00 30,000,000 100.00 30,000,000 0
2.974% Due 06-24-25
06-25-25 5,000,000 Toronto Dominion Bank 96.97 4,848,329 96.97 4,848,329 0
4.090% Due 06-25-25
06-26-25 7,000,000 Walmart Inc 98.31 6,881,840 100.00 7,000,000 118,160
3.550% Due 06-26-25
06-27-25 5,000,000 MUFG Union Bank 96.97 4,848,314 96.97 4,848,314 0
4.060% Due 06-27-25
TOTAL 96,655,629 96,860,836 205,207
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
06-02-25 JP Morgan Chase Cash 2,350,572
06-03-25 JP Morgan Chase Cash 6,323,799
06-04-25 JP Morgan Chase Cash 6,392,598
06-05-25 JP Morgan Chase Cash 2,379,255
06-06-25 JP Morgan Chase Cash 6,427,132
06-09-25 JP Morgan Chase Cash 2,466,874
06-10-25 JP Morgan Chase Cash 4,164,775
06-11-25 JP Morgan Chase Cash 2,084,620
06-13-25 JP Morgan Chase Cash 309,465
06-16-25 JP Morgan Chase Cash 3,074,419
06-17-25 JP Morgan Chase Cash 3,376,057
06-18-25 JP Morgan Chase Cash 95
06-18-25 JP Morgan Chase Cash 2,608,839
06-20-25 JP Morgan Chase Cash 6,000,000
06-20-25 JP Morgan Chase Cash 10,981,594
06-23-25 JP Morgan Chase Cash 22,587,712
06-23-25 Fidelity Fund 100,000
06-23-25 Fidelity Fund 867,614
06-24-25 JP Morgan Chase Cash 3,672,146
06-25-25 JP Morgan Chase Cash 2,479,811
06-30-25 JP Morgan Chase Cash 4,263,983
06-30-25 Fidelity Fund 15,960
06-30-25 Fidelity Fund 8,390
06-30-25 Fidelity Fund 21,273
06-30-25 Fidelity Fund 4,875
06-30-25 Fidelity Fund 284,250
06-30-25 Fidelity Fund 325,125
06-30-25 Fidelity Fund 208,710
TOTAL 93,779,942
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-02-25 JP Morgan Chase Cash 2,707,684
06-03-25 JP Morgan Chase Cash 2,461,679
06-04-25 JP Morgan Chase Cash 1,403,939
06-05-25 JP Morgan Chase Cash 2,064,514
06-06-25 JP Morgan Chase Cash 1,757,315
06-09-25 JP Morgan Chase Cash 2,619,437
06-10-25 JP Morgan Chase Cash 14,504,067
06-11-25 JP Morgan Chase Cash 7,749,591
06-12-25 JP Morgan Chase Cash 4,654,490
06-13-25 JP Morgan Chase Cash 2,856,422
06-16-25 JP Morgan Chase Cash 11,677,831
06-17-25 JP Morgan Chase Cash 3,182,125
06-18-25 JP Morgan Chase Cash 2,112,006
06-20-25 JP Morgan Chase Cash 5,544,885
06-23-25 JP Morgan Chase Cash 1,689,312
06-24-25 JP Morgan Chase Cash 17,505,581
06-25-25 JP Morgan Chase Cash 7,984,562
06-26-25 JP Morgan Chase Cash 8,651,744
06-27-25 JP Morgan Chase Cash 6,132,801
06-30-25 JP Morgan Chase Cash 2,674,465
TOTAL 109,934,451
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-30-25 Pool A Cash 21,273
TOTAL 21,273
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-30-25 Pool A Cash 8,390
TOTAL 8,390
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
06-05-25 500,000 Clorox Co Del 99.12 495,580
4.600% Due 05-01-32
06-05-25 500,000 Ryder Sys Inc 100.68 503,410
5.000% Due 03-15-30
TOTAL 998,990
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
06-01-25 500,000 Ryder Sys Inc 97.16 485,785 100.00 500,000 14,215
4.625% Due 06-01-25
06-16-25 105 Gnma Pool #439515 98.06 103 100.00 105 2
7.000% Due 03-15-27
06-16-25 1,158 Gnma Pool #550718 97.31 1,127 100.00 1,158 31
5.000% Due 11-15-35
06-16-25 403 Gnma Pool #648348 99.66 402 100.00 403 1
5.500% Due 10-15-35
06-25-25 2,802 Freddie Mac Pool #SD8278 101.37 2,841 100.00 2,802 -39
6.000% Due 12-01-52
06-25-25 6,323 Freddie Mac Pool #SD8343 100.06 6,327 100.00 6,323 -4
6.000% Due 07-01-53
06-25-25 5,492 Freddie Mac Pool #SD8432 100.41 5,514 100.00 5,492 -22
6.000% Due 05-01-54
06-25-25 111 Fannie Mae Pool #256393 99.67 111 100.00 111 0
6.000% Due 09-01-36
TOTAL 502,210 516,395 14,185
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-30-25 Pool A Cash 284,250
TOTAL 284,250
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-23-25 Pool A Cash 100,000
06-30-25 Pool A Cash 325,125
TOTAL 425,125
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
06-11-25 100 Spdr S&p 500 E Cll Opt620.0000
06202025
0.16 1,578
06-18-25 100 Vaneck Etf Tru Cll Opt265.0000
06202025
1.25 12,503
06-18-25 200 Select Sector Cll Opt 245.0000
06202025
0.41 8,186
TOTAL 22,267
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
06-11-25 0 Spdr S&p 500 E Cll Opt620.0000
06202025
0.00 1,578 0.00 9,797 8,219
06-18-25 0 Vaneck Etf Tru Cll Opt265.0000
06202025
0.00 12,503 0.00 39,658 27,155
06-18-25 0 Select Sector Cll Opt 245.0000
06202025
0.00 8,186 0.00 26,544 18,358
TOTAL 22,267 75,999 53,732
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-30-25 Pool A Cash 208,805
TOTAL 208,805
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
06-20-25 14,000 Ishares Msci Acwi Us Etf 46.36 648,993 59.14 827,964 178,971 TOTAL 648,993 827,964 178,971
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-23-25 Pool A Cash 891,861
06-30-25 Pool A Cash 11,947
TOTAL 903,808
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
06-06-25 500,000 Federal Home Loan Bank 100.00 500,000
6.000% Due 06-09-45
06-06-25 500,000 Federal Farm Credit Bank 100.00 500,000
5.440% Due 12-04-34
06-10-25 1,000,000 Farmer Mac 100.00 1,000,000
4.480% Due 06-17-30
TOTAL 2,000,000
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
06-01-25 321,000 Hershey Co 100.52 322,676 100.00 321,000 -1,676
0.900% Due 06-01-25
06-01-25 1,500,000 Honeywell Intl Inc 102.71 1,540,590 100.00 1,500,000 -40,590
1.350% Due 06-01-25
06-03-25 480,000 Amazon Com Inc 101.16 485,558 100.00 480,000 -5,558
0.800% Due 06-03-25
06-10-25 1,500,000 Royal Bank of Canada 100.47 1,507,005 100.00 1,500,000 -7,005
1.150% Due 06-10-25
06-11-25 2,000,000 Bank Nova Scotia B C 101.63 2,032,640 100.00 2,000,000 -32,640
1.300% Due 06-11-25
06-23-25 1,000,000 Freddie Mac 99.95 999,500 100.00 1,000,000 500
0.700% Due 06-23-25
06-26-25 1,000,000 Walmart Inc 98.31 983,120 100.00 1,000,000 16,880
3.550% Due 06-26-25
TOTAL 7,871,089 7,801,000 -70,089
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
06-01-25 Pool A Cash 1,189,305
06-20-25 Pool A Cash 6,000,000
TOTAL 7,189,305
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
06-30-25 Pool A Cash 53
TOTAL 53
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 06-01-25 To 06-30-25
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 06-01-25 To 06-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!