Google is the only one of those they have any decent investment in, and I don't imagine that was deliberate - it's much more likely that they just invested heaivly in IT as a sector given that 12 of the top 50 holdings by value are IT stocks.
For the rest:
C - 0.24% of the investment
DIS - 0.56%
GILD - <0.19% (not searching beyond the top 100 holdings for it)
MRNA - <0.19% (not searching beyond the top 100 holdings for it)
PG - 0.84%
Wow, a pension fund with holdings in 2436 stocks has small holdings in half a dozen big name companies? I'm shocked, shocked I say!
it owns millions of shares in all of them...Is he going to mass sell these and crash the prices of these organizations?
First off, I'm absolutely certain a state governor deliberately OK's the buying and selling of each item in the pension fund, right? Second, you do know that (with the exception of Moderna which is about half a billion) that all of the companies you listed have billions of outstanding public shares? Even if Florida dumped 100% of their investment in each of these companies tomorrow it would barely be a blip on the radar of any of them.
Would it be a nice thing to happen? Sure. Would it have any substantial impact? No.
(and, PS, their largest holding - Apple - is a morally worse organization than any of the ones you listed, except for maybe Google).
First off, I'm absolutely certain a state governor deliberately OK's the buying and selling of each item in the pension fund, right
If he's going to make these anti-ESG statements, he has to blacklist those kinds of companies.
Saying "we don't do ESG" while invested in all the woke bullshit companies you can find, is a cop out.
If I can avoid investing in them and I'm a normal person, how can a fund with billions of dollars not do it?
Second, you do know that (with the exception of Moderna which is about half a billion) that all of the companies you listed have billions of outstanding public shares?
True. Maybe if they co-ordinated with other Republican states to dump them at the precise moment their sentiment is weakest, they could do something. But let's face it, they are going to hold until the market is in a better state, because that's what's best for the pension-holders.
their largest holding - Apple - is a morally worse organization than any of the ones you listed, except for maybe Google
Banning Parler/Gab wasn't that big. Gilead kills people, P&G is one of the main funders of feminism, Disney is full of lesbian women trying to push their castration fetishes.
If you think all Apple's done morally is banning Gab, you're an just not paying attention. If you think Apple is less Woke than any other tech company, you're just an idiot - who created the pregnant man emoji again? And Apple's killed a bunch of people with their virtually slave-labor manufacturing conditions in China not to mention the mining for the components in their overpriced, underpowered devices. And Apple's been working for decades to cut consumer rights, both with devices with no user-serviceable parts and suing non Apple certified repair shops and being arguably the main force leading from the switch of open environments to walled garden.
Heck, even within your own warped worldview, they've been pulling and/or censoring content they've deemed offensive to women since at least 2009, using a ludicrously crazy criteria - for example, in 2010, they decided to censor Moby Dick because they declared sperm to be a verboten word.
Ronald is so full of shit.
https://whalewisdom.com/filer/state-board-of-administration-of-florida-retirement-system#tabholdings_tab_link
C (Citigroup) - 2.2M shares
DIS (Disney) - 2.1M shares
GILD (Gilead Sciences) - 1.5M shares
GOOG + GOOGL (Alphabet Inc.) - 1.8M shares
MRNA (Moderna Inc.) - ~400K shares
PG (Proctor and Gamble Inc.) - 2.8M shares
I literally just searched for the most woke, feminist companies I could find and it owns millions of shares in all of them.
Add the vax companies, and the infamous Fauci treatment. Florida has no principles.
Is he going to mass sell these and crash the prices of these organizations?
Google is the only one of those they have any decent investment in, and I don't imagine that was deliberate - it's much more likely that they just invested heaivly in IT as a sector given that 12 of the top 50 holdings by value are IT stocks. For the rest:
C - 0.24% of the investment DIS - 0.56% GILD - <0.19% (not searching beyond the top 100 holdings for it) MRNA - <0.19% (not searching beyond the top 100 holdings for it) PG - 0.84%
Wow, a pension fund with holdings in 2436 stocks has small holdings in half a dozen big name companies? I'm shocked, shocked I say!
First off, I'm absolutely certain a state governor deliberately OK's the buying and selling of each item in the pension fund, right? Second, you do know that (with the exception of Moderna which is about half a billion) that all of the companies you listed have billions of outstanding public shares? Even if Florida dumped 100% of their investment in each of these companies tomorrow it would barely be a blip on the radar of any of them.
Would it be a nice thing to happen? Sure. Would it have any substantial impact? No.
(and, PS, their largest holding - Apple - is a morally worse organization than any of the ones you listed, except for maybe Google).
If he's going to make these anti-ESG statements, he has to blacklist those kinds of companies.
Saying "we don't do ESG" while invested in all the woke bullshit companies you can find, is a cop out.
If I can avoid investing in them and I'm a normal person, how can a fund with billions of dollars not do it?
True. Maybe if they co-ordinated with other Republican states to dump them at the precise moment their sentiment is weakest, they could do something. But let's face it, they are going to hold until the market is in a better state, because that's what's best for the pension-holders.
Banning Parler/Gab wasn't that big. Gilead kills people, P&G is one of the main funders of feminism, Disney is full of lesbian women trying to push their castration fetishes.
If you think all Apple's done morally is banning Gab, you're an just not paying attention. If you think Apple is less Woke than any other tech company, you're just an idiot - who created the pregnant man emoji again? And Apple's killed a bunch of people with their virtually slave-labor manufacturing conditions in China not to mention the mining for the components in their overpriced, underpowered devices. And Apple's been working for decades to cut consumer rights, both with devices with no user-serviceable parts and suing non Apple certified repair shops and being arguably the main force leading from the switch of open environments to walled garden.
Heck, even within your own warped worldview, they've been pulling and/or censoring content they've deemed offensive to women since at least 2009, using a ludicrously crazy criteria - for example, in 2010, they decided to censor Moby Dick because they declared sperm to be a verboten word.
I don't pay attention to Apple, I don't own or buy any of their products.
The pregnant man emoji was created by the Unicode Consortium, Apple simply implemented it.