Cisco's Q4 2023 13F: $447M in ETFs, $8.1M HashiCorp Stake

TL;DR

**Cisco's Q4 2023 13F shows big ETF buys and a notable HashiCorp stake.**

AI Summary

Cisco Systems, Inc. filed its 13F-HR on January 9, 2024, revealing its holdings as of December 31, 2023. The company reported significant investments in ETFs, including 3,527,500 shares of ISHARES TR CORE S&P TTL STK valued at $371,198,825 and 160,000 shares of ISHARES TR CORE S&P 500 ETF valued at $76,420,800. Additionally, Cisco held 345,778 shares of HASHICORP INC COM CL A, worth $8,174,192. This matters to investors because it provides transparency into Cisco's investment strategy, showing a preference for broad market exposure through ETFs and a specific stake in a cloud infrastructure company, which could signal future strategic directions or partnerships.

Why It Matters

This filing offers a glimpse into Cisco's investment portfolio, indicating how the company is deploying its capital beyond its core business and potentially signaling strategic interests or partnerships.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of investment holdings and does not inherently introduce significant new risks to Cisco Systems, Inc. or its investors.

Analyst Insight

Investors should note Cisco's diversified investment strategy, particularly its significant ETF holdings, which suggest a focus on market-wide performance rather than concentrated bets. The HashiCorp stake warrants monitoring for potential strategic implications.

Key Numbers

• $371,198,825 — Value of ISHARES TR CORE S&P TTL STK (Represents Cisco's largest reported investment by value as of December 31, 2023.)
• 3,527,500 — Shares of ISHARES TR CORE S&P TTL STK (The largest number of shares held in any single security by Cisco as of December 31, 2023.)
• $76,420,800 — Value of ISHARES TR CORE S&P 500 ETF (Represents Cisco's second largest reported investment by value as of December 31, 2023.)
• $8,174,192 — Value of HASHICORP INC COM CL A (Indicates Cisco's direct investment in a cloud infrastructure software company as of December 31, 2023.)
• 20231231 — Conformed Period of Report (The date to which the reported holdings apply, providing a snapshot of Cisco's portfolio at year-end.)

Key Players & Entities

• Cisco Systems, Inc. (company) — the filer of the 13F-HR
• Evan Sloves (person) — Secretary of Cisco Systems, Inc.
• ISHARES TR CORE S&P TTL STK (company) — an ETF in which Cisco holds shares
• ISHARES TR CORE S&P 500 ETF (company) — an ETF in which Cisco holds shares
• HASHICORP INC COM CL A (company) — a company in which Cisco holds shares

Forward-Looking Statements

• Cisco may continue to use ETFs for broad market exposure in future quarters. (Cisco Systems, Inc.) — medium confidence, target: 2024-06-30
• The investment in HashiCorp could indicate potential strategic interest in cloud infrastructure partnerships or acquisitions. (Cisco Systems, Inc.) — low confidence, target: 2024-12-31

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• 29223.html (INFORMATION TABLE)
• 29223.xml (INFORMATION TABLE) — 2KB
• 0000950123-24-000109.txt ( ) — 5KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cisco Systems, Inc. Address: 170 West Tasman Dr San Jose , CA   95134-1706 Form 13F File Number: 028-14494 CRD Number (if applicable): 28-14494 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Evan Sloves Title: Secretary Phone: (408) 526-4000 Signature, Place, and Date of Signing: /s/ Evan Sloves San Jose ,  CA 01-09-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 3 Form 13F Information Table Value Total: 455,793,817 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 Cisco Systems International B.V. 28-14495   28-14495

View Full Filing

View this 13F-HR filing on SEC EDGAR