CSCO · 13F-HR

Filing note · 13F-HR · filed 2026-10-15 · CISCO SYSTEMS, INC.

[AI summary · GPT 4o mini · exhibit INFORMATION TABLE · INFORMATION TABLE FOR FORM 13F]

Executive summary Cisco Systems, Inc. (CSCO) reported a total of $405.2 million in holdings as of September 30, 2026, reflecting a diversified portfolio primarily in ETFs and select equities. This filing indicates a strategic focus on broad market exposure through index funds.

What matters - Total Holdings Value: Cisco's reported holdings amount to $405,215,728, indicating a significant investment strategy focused on both ETFs and individual stocks. - Key Positions: The largest positions include $119.7 million in iShares Core S&P Total Stock Market ETF (720,000 shares) and $45.9 million in iShares S&P 500 ETF (60,000 shares), showcasing a strong commitment to broad market indices. - Individual Stocks: Cisco also holds $92.7 million in CoreWeave Inc. [[CRWV]] (1,063,980 shares), which suggests a strategic bet on growth in the tech sector. - Investment Discretion: All reported positions are under sole discretion, indicating full control over these investments.

What's new vs context - Increase in Holdings Value: Compared to the previous filing on April 15, 2026, where the total value was $317.1 million, this filing shows a notable increase of approximately $88.1 million, reflecting a more aggressive investment stance. - Number of Positions: The current filing includes 6 positions, up from 3 in the prior report, indicating diversification and a broader investment strategy.

Risks & open questions - Market Volatility: The heavy investment in ETFs exposes Cisco to market fluctuations, which could impact the overall portfolio value. - Sector Concentration: A significant portion of the portfolio is in tech-focused equities, which may be susceptible to sector-specific downturns. - Future Filings: Investors should monitor upcoming filings for changes in strategy or shifts in major holdings.

Bottom line Cisco's increased holdings and diversification into ETFs suggest a proactive investment strategy that could enhance stability and growth potential. Investors should watch for future filings to gauge ongoing strategic adjustments.