City of Sacramento
City Council - 2PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2025-01347 11/18/2025
September 2025 Monthly Investment Transactions Report
File ID: 2025-01347
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: 2025-01347 11/18/2025
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 August 12, 2025, 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 September 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 August 31 was $1,610,533,593, while the market value of the Portfolio on September 30 was $1,587,955,967. The yield of the Portfolio in September was 3.11%. There were 24 total transactions for the period (11 purchases, 1 call and 12 maturities). The estimated duration of the Portfolio as of September 30, 2025, is 1.95 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 48,006,495$ -$ -$ -$ 48,006,495$
Sales - - - - -
Calls 5,000,000 - - - 5,000,000
Maturities 57,102,239 - - - 57,102,239
Contributions 85,245,994 - - - 85,245,994
Withdrawals 113,706,589 - 19,425 8,487 113,734,501 Total 309,061,317$ -$ 19,425$ 8,487$ 309,089,229$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases 349,965$ -$ 65,167$ -$ 415,132$ Sales - 405,140 114,715 - 519,855
Calls - - - - -
Maturities 313,898 - - - 313,898
Expenses - - - - -
Contributions - - - - -
Withdrawals 348,588 1,358,274 191,815 - 1,898,677 Total 1,012,451$ 1,763,414$ 371,697$ -$ 3,147,562$ City of Sacramento
Summary of Transactions
September-25
ATTACHMENT A
City of Sacramento
Summary of Transactions
September-25
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases 2,003,445$ 2,003,445$
Sales - -
Calls - -
Maturities 8,500,000 8,500,000
Contributions - -
Withdrawals - -
Total 10,503,445$ 10,503,445$
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 - - 1,022,638 - - 1,022,638
Withdrawals - - 4,000,000 - - 4,000,000
Total -$ -$ 5,022,638$ -$ -$ 5,022,638$
GRAND TOTAL 327,762,874$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
09-04-25 5,000,000 Fannie Mae 100.00 5,000,000
4.000% Due 09-09-30
09-04-25 6,018,000 Federal Farm Credit Bank 99.97 6,016,495
4.160% Due 05-25-29
09-09-25 5,000,000 Fannie Mae 100.00 5,000,000
4.000% Due 09-10-30
09-10-25 5,000,000 Fannie Mae 99.80 4,990,000
4.000% Due 09-12-30
09-11-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.000% Due 09-16-30
09-17-25 5,000,000 Fannie Mae 100.00 5,000,000
4.030% Due 09-30-30
09-25-25 5,000,000 Fannie Mae 100.00 5,000,000
4.080% Due 10-01-29
09-25-25 5,000,000 Fannie Mae 100.00 5,000,000
3.920% Due 07-01-30
09-25-25 1,000,000 Connecticut State 100.00 1,000,000
3.865% Due 08-15-29
09-25-25 1,000,000 Connecticut State 100.00 1,000,000
3.885% Due 08-15-30
09-26-25 5,000,000 JP Morgan Chase Bank NA 100.00 5,000,000
4.125% Due 09-30-30
TOTAL 48,006,495
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CALLS
09-04-25 5,000,000 International Bk Recon & Develop 100.00 5,000,000 100.00 5,000,000 0
4.570% Due 09-04-29
TOTAL 5,000,000 5,000,000 0
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
09-01-25 5,000,000 Burlington Northn Sant a Fe
99.85 4,992,340 100.00 5,000,000 7,660
3.650% Due 09-01-25
09-01-25 4,000,000 Johnson & Johnson 99.75 3,989,960 100.00 4,000,000 10,040
0.550% Due 09-01-25
09-08-25 5,000,000 Freddie Mac 100.00 5,000,000 100.00 5,000,000 0
0.625% Due 09-08-25
09-09-25 5,000,000 Freddie Mac 100.00 5,000,000 100.00 5,000,000 0
0.650% Due 09-09-25
09-11-25 7,000,000 U. S. Treasury Bill 98.92 6,924,509 98.92 6,924,509 0
4.220% Due 09-11-25
09-15-25 3,000,000 Ralph Lauren Corp 99.68 2,990,280 100.00 3,000,000 9,720
3.750% Due 09-15-25
09-16-25 3,000,000 Fannie Mae 100.00 3,000,000 100.00 3,000,000 0
0.600% Due 09-16-25
09-22-25 5,000,000 AIG Global Funding 99.82 4,991,000 100.00 5,000,000 9,000
0.900% Due 09-22-25
09-22-25 5,000,000 Federal Home Loan Bank 99.90 4,995,000 100.00 5,000,000 5,000
0.500% Due 09-22-25
09-29-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000 100.00 5,000,000 0
0.530% Due 09-29-25
09-30-25 5,000,000 Georgia Pacific Corp 104.38 5,219,150 100.00 5,000,000 -219,150
1.750% Due 09-30-25
09-30-25 5,000,000 Freddie Mac 100.00 5,000,000 100.00 5,000,000 0
0.550% Due 09-30-25
TOTAL 57,102,239 56,924,509 -177,730
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
09-03-25 JP Morgan Chase Cash 9,272,293
09-05-25 JP Morgan Chase Cash 3,541,860
09-08-25 JP Morgan Chase Cash 4,176,075
09-09-25 JP Morgan Chase Cash 3,191,030
09-10-25 JP Morgan Chase Cash 4,621,256
09-11-25 JP Morgan Chase Cash 3,901,648
09-12-25 JP Morgan Chase Cash 3,439,699
09-16-25 JP Morgan Chase Cash 5,644,318
09-17-25 JP Morgan Chase Cash 345,209
09-18-25 JP Morgan Chase Cash 3,444,080
09-19-25 JP Morgan Chase Cash 191
09-22-25 JP Morgan Chase Cash 5,748,634
09-23-25 JP Morgan Chase Cash 15,753,587
09-23-25 Fidelity Fund 1,000,000
09-24-25 JP Morgan Chase Cash 5,711,481
09-25-25 JP Morgan Chase Cash 3,699,394
09-26-25 JP Morgan Chase Cash 6,156,972
09-29-25 JP Morgan Chase Cash 2,830,527
09-29-25 Fidelity Fund 12,875
09-30-25 JP Morgan Chase Cash 1,812,133
09-30-25 Fidelity Fund 16,145
09-30-25 Fidelity Fund 8,487
09-30-25 Fidelity Fund 19,425
09-30-25 Fidelity Fund 348,588
09-30-25 Fidelity Fund 358,274
09-30-25 Fidelity Fund 191,815
TOTAL 85,245,994
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-02-25 JP Morgan Chase Cash 20,894,400
09-03-25 JP Morgan Chase Cash 6,134,908
09-04-25 JP Morgan Chase Cash 5,977,850
09-05-25 JP Morgan Chase Cash 1,686,647
09-08-25 JP Morgan Chase Cash 1,107,628
09-09-25 JP Morgan Chase Cash 1,347,174
09-10-25 JP Morgan Chase Cash 2,208,626
09-11-25 JP Morgan Chase Cash 4,111,207
09-12-25 JP Morgan Chase Cash 4,000,000
09-12-25 JP Morgan Chase Cash 801,672
09-15-25 JP Morgan Chase Cash 3,723,213
09-16-25 JP Morgan Chase Cash 17,703,912
09-17-25 JP Morgan Chase Cash 6,766,118
09-18-25 JP Morgan Chase Cash 1,911,281
09-19-25 JP Morgan Chase Cash 2,234,695
09-22-25 JP Morgan Chase Cash 5,471,090
09-23-25 JP Morgan Chase Cash 1,516,276
09-24-25 JP Morgan Chase Cash 1,157,896
09-25-25 JP Morgan Chase Cash 2,736,050
09-26-25 JP Morgan Chase Cash 3,022,450
09-29-25 JP Morgan Chase Cash 2,913,601
09-30-25 JP Morgan Chase Cash 16,279,894
TOTAL 113,706,589
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-30-25 Pool A Cash 19,425
TOTAL 19,425
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-30-25 Pool A Cash 8,487
TOTAL 8,487
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
09-15-25 350,000 Tjx Cos Inc New 99.99 349,965
3.875% Due 04-15-30
TOTAL 349,965
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
09-15-25 300,000 U.S. Treasury Note 98.71 296,133 100.00 300,000 3,867
3.500% Due 09-15-25
09-15-25 107 Gnma Pool #439515 98.06 105 100.00 107 2
7.000% Due 03-15-27
09-15-25 1,174 Gnma Pool #550718 97.31 1,143 100.00 1,174 32
5.000% Due 11-15-35
09-15-25 410 Gnma Pool #648348 99.66 408 100.00 410 1
5.500% Due 10-15-35
09-22-25 1,334 Gnma Pass-Thru M Single Family 99.70 1,330 100.00 1,334 4
5.500% Due 06-20-55
09-25-25 3,999 Freddie Mac Pool #SD8278 101.37 4,054 100.00 3,999 -55
6.000% Due 12-01-52
09-25-25 3,938 Freddie Mac Pool #SD8343 100.06 3,941 100.00 3,938 -2
6.000% Due 07-01-53
09-25-25 6,624 Freddie Mac Pool #SD8432 100.41 6,651 100.00 6,624 -27
6.000% Due 05-01-54
09-25-25 134 Fannie Mae Pool #256393 99.67 134 100.00 134 0
6.000% Due 09-01-36
TOTAL 313,898 317,720 3,822
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-30-25 Pool A Cash 348,588
TOTAL 348,588
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
09-22-25 6,000 Select Sector Spdr Tr Sbi Int-Energy 67.52 405,140 87.54 525,246 120,106 TOTAL 405,140 525,246 120,106
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-23-25 Pool A Cash 1,000,000
09-30-25 Pool A Cash 358,274
TOTAL 1,358,274
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
09-11-25 -100 Vaneck Etf Tru Cll Opt335.00 00
101
72025
1.50 -14,998
09-11-25 -100 Spdr S&p 500 E Cll Opt685.0000
10172025
1.06 -10,598
09-17-25 40 Alphabet Inc Cll Opt 220.0000
09192025
28.68 114,715
09-17-25 -40 Alphabet Inc Cll Opt 255.0000
10172025
5.99 -23,953
TOTAL 65,167
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
09-17-25 0 Alphabet Inc Cll Opt 220.0000
09192025
0.00 114,715 0.00 9,160 -105,555
09-19-25 -45 Amazon Com Inc Cll Opt255.00 00
091
92025
0.00 0 0.00 4,949 4,949
TOTAL 114,715 14,109 -100,606
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-30-25 Pool A Cash 191,815
TOTAL 191,815
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
09-10-25 500,000 Fannie Mae 99.80 499,000
4.000% Due 09-12-30
09-17-25 500,000 Fannie Mae 100.00 500,000
4.030% Due 09-30-30
09-19-25 500,000 Federal Home Loan Bank 100.89 504,445
4.500% Due 09-12-36
09-19-25 500,000 Federal Farm Credit Bank 100.00 500,000
4.690% Due 09-29-32
TOTAL 2,003,445
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
09-08-25 1,000,000 Freddie Mac 100.00 1,000,000 100.00 1,000,000 0
0.625% Due 09-08-25
09-09-25 1,000,000 Freddie Mac 100.00 1,000,000 100.00 1,000,000 0
0.650% Due 09-09-25
09-16-25 500,000 Fannie Mae 100.00 500,000 100.00 500,000 0
0.600% Due 09-16-25
09-29-25 500,000 Federal Farm Credit Bank 100.00 500,000 100.00 500,000 0
0.530% Due 09-29-25
09-30-25 5,000,000 UBS Ag London 100.00 5,000,000 100.00 5,000,000 0
0.700% Due 09-30-25
09-30-25 500,000 Freddie Mac 100.00 500,000 100.00 500,000 0
0.550% Due 09-30-25
TOTAL 8,500,000 8,500,000 0
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
09-01-25 Pool A Cash 1,022,638
TOTAL 1,022,638
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
09-12-25 Pool A Cash 4,000,000
TOTAL 4,000,000
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 09-01-25 To 09-30-25
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 09-01-25 To 09-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!