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

Ticker: CSCO · Form: 13F-HR · Filed: 2024-01-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-holdings, etf-investments, portfolio-disclosure

Related Tickers: CSCO, ITOT, IVV, HCP

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

What was the total value of Cisco's reported holdings in ISHARES TR CORE S&P TTL STK as of December 31, 2023?

As of December 31, 2023, Cisco Systems, Inc. reported holdings in ISHARES TR CORE S&P TTL STK valued at $371,198,825.

How many shares of HASHICORP INC COM CL A did Cisco Systems, Inc. hold by the end of 2023?

Cisco Systems, Inc. held 345,778 shares of HASHICORP INC COM CL A as of December 31, 2023.

What was the filing date for this 13F-HR by Cisco Systems, Inc.?

The filing date for this 13F-HR by Cisco Systems, Inc. was January 9, 2024.

Which individual signed the 13F-HR filing on behalf of Cisco Systems, Inc.?

Evan Sloves, Secretary of Cisco Systems, Inc., signed the 13F-HR filing.

What was the value of Cisco's investment in ISHARES TR CORE S&P 500 ETF as of the report period?

Cisco's investment in ISHARES TR CORE S&P 500 ETF was valued at $76,420,800 as of December 31, 2023.

From the Filing

0000950123-24-000109.txt : 20240109 0000950123-24-000109.hdr.sgml : 20240109 20240109161604 ACCESSION NUMBER: 0000950123-24-000109 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240109 DATE AS OF CHANGE: 20240109 EFFECTIVENESS DATE: 20240109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CISCO SYSTEMS, INC. CENTRAL INDEX KEY: 0000858877 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770059951 STATE OF INCORPORATION: DE FISCAL YEAR END: 0727 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14494 FILM NUMBER: 24523447 BUSINESS ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 BUSINESS PHONE: 4085264000 MAIL ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 FORMER COMPANY: FORMER CONFORMED NAME: CISCO SYSTEMS INC DATE OF NAME CHANGE: 19920703 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE 0000858877 XXXXXXXX 12-31-2023 12-31-2023 false Cisco Systems, Inc. 170 West Tasman Dr San Jose CA 95134-1706 13F HOLDINGS REPORT 028-14494 28-14494 N Evan Sloves Secretary (408) 526-4000 /s/ Evan Sloves San Jose CA 01-09-2024 1 3 455793817 false 1 28-14495 28-14495 Cisco Systems International B.V. INFORMATION TABLE 2 29223.xml INFORMATION TABLE FOR FORM 13F ISHARES TR CORE S&P TTL STK 464287150 371198825 3527500 SH DFND 1 3527500 0 0 ISHARES TR CORE S&P 500 ETF 464287200 76420800 160000 SH DFND 1 160000 0 0 HASHICORP INC COM CL A 418100103 8174192 345778 SH SOLE 345778 0 0