Coalition to Oppose the Arms Trade
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Take Action!
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Canada's Largest Pension Funds and their $5.8 billion
investments in 66 firms
supporting Israel's military-, police-, surveillance-, prison-industrial
complex |
|
(Click
here for a table showing
these funds'
investments
in the world's top-ranking war industries, 2010)
(Click
here for a table showing these funds'
investments in contractors building the F-35 warplane)
(Click
here for a table showing these funds'
investments in top ranking war industries prior to 2010)
(Click here
for a table showing these funds' investments in
firms that
design, development or manufacture nuclear
weapons)
(Click
here for a table
showing these funds'
investments in the manufacturers of cluster munitions) |
|
Click here to sign COAT's online
PETITION:
"Stop CPP investments in firms
selling military, police, prison-related products to Israel" |
Company Name
Click the company names
below
for articles from
COAT's publication:
"Profiting
from
Israeli Apartheid:
CPP Investments in
Corporations Supporting
Israel's Military, Police,
Surveillance, Prison-
Industrial Complex
(Part 1)" |
Canada's Six Largest Pension Funds |
Company
Totals
(CPP
in 2012
plus the
five other
funds in
2011) |
Alberta
Investment
Management
Corporation
(AIMCo) |
Caisse de dépôt
et placement
du Québec
(Caisse)
(Quebec
Pension Plan) |
Canada Pension Plan (CPP) |
Ontario
Municipal
Employees
Retirement
System
(OMERS) |
Ontario
Teachers'
Pension
Plan
(OTPP) |
Public
Sector
Pension
Investments
(PSPI) |
2011
(includes only direct investments) |
2011
(includes only
direct investments) |
2012
(includes direct and indirect
investments)* |
2011
(includes only direct investments) |
|
(values in Canadian dollars) |
|
3M Co. |
|
56,238,000 |
7,000,000 |
60,000,000 |
28,319,000 |
131,561,000 |
18,767,000 |
294,885,000 |
|
Amdocs |
|
|
13,000,000 |
7,000,000 |
|
342,000 |
|
7,342,000 |
|
Analog Devices Inc. |
|
9,571,000 |
12,000,000 |
16,000,000 |
257,000 |
4,466,000 |
3,448,000 |
33,742,000 |
|
AT&T Inc. |
4,256,000 |
199,194,000 |
120,000,000 |
255,000,000 |
50,299,000 |
463,000 |
62,339,000 |
571,551,000 |
|
BAE Systems |
|
|
1,000,000 |
30,000,000 |
|
|
|
30,000,000 |
|
Bank Hapoalim |
|
|
8,000,000 |
7,000,000 |
|
|
|
7,000,000 |
|
Bezeq Israeli Telecommunication |
|
|
9,000,000 |
6,000,000 |
|
|
|
6,000,000 |
|
Bharat Electronics |
|
|
1,000,000 |
1,000,000 |
|
|
|
1,000,000 |
|
CAE |
2,646,000 |
20,291,000 |
25,000,000 |
16,000,000 |
1,187,000 |
|
42,814,000 |
82,938,000 |
|
Carlyle Group |
|
|
75,000,000 |
75,000,000 |
|
|
|
75,000,000 |
|
Caterpillar Inc. |
|
69,626,000 |
3,000,000 |
36,000,000 |
5,994,000 |
2,038,000 |
17,578,000 |
131,236,000 |
|
Cellcom Israel Ltd. |
|
1,219,000 |
3,000,000 |
1,000,000 |
|
|
|
2,219,000 |
|
Cemex Sab Cpo |
|
|
15,000,000 |
2,000,000 |
|
|
|
2,000,000 |
|
Cisco Systems Inc. |
|
95,786,000 |
52,000,000 |
159,000,000 |
31,828,000 |
78,161,000 |
40,690,000 |
405,465,000 |
|
CRH PLC |
|
|
15,000,000 |
17,000,000 |
|
|
|
17,000,000 |
Daewoo Engineering
&
Construction |
|
|
3,000,000 |
2,000,000 |
|
|
|
2,000,000 |
|
Daimler AG |
|
|
3,000,000 |
- |
|
|
|
- |
|
Delek Group |
|
|
2,000,000 |
1,000,000 |
|
|
|
1,000,000 |
|
Dell Inc. |
|
22,339,000 |
19,000,000 |
64,000,000 |
246,000 |
32,263,000 |
8,087,000 |
126,935,000 |
|
Discount Investment Corp |
|
|
1,000,000 |
- |
|
|
|
1,000,000 |
|
Doosan Corp. |
|
|
3,000,000 |
3,000,000 |
|
|
|
3,000,000 |
|
Eaton Corp. |
|
12,941,000 |
2,000,000 |
6,000,000 |
9,930,000 |
1,997,000 |
4,461,000 |
35329000 |
|
Elbit Systems Ltd. |
|
1,288,000 |
2,000,000 |
2,000,000 |
|
|
|
3,288,000 |
|
EMC Corp. |
|
43,170,000 |
18,000,000 |
64,000,000 |
|
|
15,971,000 |
123,141,000 |
|
Evraz Group SA |
|
|
1,000,000 |
6,000,000 |
|
|
|
6,000,000 |
|
Fiat Industrial SpA |
|
|
17,000,000 |
- |
|
|
|
- |
|
FIAT SpA |
|
|
6,000,000 |
37,000,000 |
|
|
|
37,000,000 |
|
Finmeccanica SpA |
|
|
17,000,000 |
10,000,000 |
|
|
|
10,000,000 |
|
Fujitsu |
|
|
24,000,000 |
26,000,000 |
|
|
|
26,000,000 |
|
Hewlett Packard |
3,643,000 |
50,737,000 |
64,000,000 |
80,000,000 |
10,695,000 |
50,755,000 |
17,159,000 |
212,989,000 |
|
Hitachi Ltd. |
|
|
54,000,000 |
73,000,000 |
|
|
|
73,000,000 |
|
Honeywell International |
|
42,795,000 |
2,000,000 |
9,000,000 |
13,332,000 |
5,659,000 |
12,661,000 |
83,447,000 |
|
Hyundai Heavy Industries |
|
|
45,000,000 |
30,000,000 |
|
|
|
30,000,000 |
|
Hyundai Motor Co. |
|
|
53,000,000 |
73,000,000 |
|
|
|
73,000,000 |
|
Intel Corp. |
|
121,968,000 |
53,000,000 |
205,000,000 |
38,369,000 |
101,433,000 |
41,272,000 |
508,042,000 |
|
Israel Discount Bank |
|
|
2,000,000 |
2,000,000 |
|
|
|
2,000,000 |
|
ITT Corp. |
|
|
1,000,000 |
3,000,000 |
2,787,000 |
2,395,000 |
2,867,000 |
11,049,000 |
|
Koninklijke DSM NV |
|
|
7,000,000 |
46,000,000 |
|
|
|
46,000,000 |
|
Kubota Corp. |
|
|
13,000,000 |
13,000,000 |
|
|
|
13,000,000 |
|
Leumi Le Israel |
|
|
11,000,000 |
9,000,000 |
|
|
|
9,000,000 |
|
Lockheed Martin |
|
|
5,000,000 |
78,000,000 |
4,209,000 |
12,022,000 |
7,367,000 |
101,598,000 |
|
Microsoft Corp.. |
8,401,000 |
190,679,000 |
105,000,000 |
367,000,000 |
65,635,000 |
136,158,000 |
68,459,000 |
836,332,000 |
|
Mitsubishi Motors Corp. |
|
|
8,000,000 |
5,000,000 |
|
|
|
5,000,000 |
|
Mizrahi Tefahot Bank |
|
|
3,000,000 |
2,000,000 |
|
|
|
2,000,000 |
|
Motorola Solutions |
4,721,000 |
13,268,000 |
2,000,000 |
32,000,000 |
451,000 |
2,083,000 |
4,661,000 |
57,184,000 |
|
Navistar International |
|
|
8,000,000 |
- |
|
|
|
- |
|
NetApp Inc. |
|
22,551,000 |
20,000,000 |
21,000,000 |
|
4,039,000 |
4,607,000 |
52,197,000 |
|
Nice Systems Ltd. |
|
|
5,000,000 |
4,000,000 |
|
|
|
4,000,000 |
|
Oracle Corp. |
5,674,000 |
101,923,000 |
1,000,000 |
143,000,000 |
13,783,000 |
64,255,000 |
45,294,000 |
373,929,000 |
|
Parker Hannifin Corp. |
|
8,921,000 |
2,000,000 |
30,000,000 |
|
1,622,000 |
3,609,000 |
44,152,000 |
|
Partner Communications |
|
|
3,000,000 |
1,000,000 |
|
|
|
1,000,000 |
|
Paz Oil Co. Ltd. |
|
|
1,000,000 |
1,000,000 |
|
|
|
1,000,000 |
|
Renault SA |
|
|
19,000,000 |
39,000,000 |
|
|
|
39,000,000 |
|
Rockwell Collins |
|
8,676,000 |
6,000,000 |
4,000,000 |
13,861,000 |
165,290,000 |
2,990,000 |
194,817,000 |
|
Rolls Royce |
|
|
22,000,000 |
17,000,000 |
|
|
|
17,000,000 |
|
Siemens AG |
|
|
13,000,000 |
15,000,000 |
|
|
|
15,000,000 |
|
Sony Corp. |
|
|
57,000,000 |
42,000,000 |
|
|
|
42,000,000 |
|
Tata Motors Ltd. |
|
|
9,000,000 |
10,000,000 |
|
|
|
10,000,000 |
|
Texas Instruments Inc. |
|
25,538,000 |
31,000,000 |
37,000,000 |
1,237,000 |
14,617,000 |
11,346,000 |
89,738,000 |
|
Toyota Motor Corp. |
|
|
170,000,000 |
197,000,000 |
|
|
|
197,000,000 |
|
Tyco Electronics Ltd. |
|
|
7,000,000 |
- |
|
|
|
- |
|
Tyco International Ltd. |
5,976,000 |
24,014,000 |
60,000,000 |
66,000,000 |
4,656,000 |
3,121,000 |
6,972,000 |
110,739,000 |
|
Valero Energy Corp. |
|
12,196,000 |
3,000,000 |
32,000,000 |
14,960,000 |
1,697,000 |
3,748,000 |
64,601,000 |
|
VeriSign Inc. |
|
5,094,000 |
66,000,000 |
56,000,000 |
|
1,354,000 |
1,753,000 |
64,201,000 |
|
Verizon Communications |
9,336,000 |
126,254,000 |
55,000,000 |
159,000,000 |
11,797,000 |
545,000 |
38,383,000 |
345,315,000 |
|
VMware |
|
|
4,000,000 |
20,000,000 |
|
|
|
20,000,000 |
|
Pension Fund Totals |
44,653,000 |
1,286,277,000 |
1,466,700,000 |
2,830,000,000 |
323,832,000 |
818,336,000 |
487,303,000 |
5,790,401,000 |
Note:
2012
(includes direct and indirect investments)*
* In its latest annual report on
investments (dated March 2012, published online in June 2012), the CPPIB began a new method of tabulating its
investments. Since its creation in the late 1990s, the CPPIB has
published annual reports which documented the fund's investments in corporations.
Until this year, the number of shares and the value of those shares as
disclosed in the CPPIB's reports reflected the fund's direct ownership in
those companies. However, this
is no longer the case. In 2012, for the first time, the figures released
by CPPIB, include both direct
and indirect investments in these corporations. This was
explained in the 2012 CPPIB report as follows:
"[W]e have revised our disclosure standards.
This year and going forward, in addition to physical equity positions, the
public equity disclosure lists include exposures obtained through index
securities, swaps and other derivative instruments. The net long positions
are reported to provide a more complete view of our economic equity
exposure to individual company names."
Unfortunately, a previous version of the above
COAT table made the error of not noting this difference between the
CPPIB's old and new reporting methods.
This and other COAT tables also erred in
stating that the increase in the number of shares, and the value of CPPIB
holdings in various companies that were disclosed in the CPPIB's annual
reports between 2011 to 2012 were a result of the CPPIB's purchase of
additional stocks in these corporations. However, these increased
amounts seen in the CPPIB's 2012 report do not reflect an increase in the
CPPIB's direct shares in these stocks but are merely the result of its new
accounting methods, namely the addition of its indirect holdings in these
companies to its 2012 report. COAT regrets this error and apologises
for any inconvenience it may have caused.
Sources:
Canada Pension Plan (2011)
Private Equity Funds Commitments
(December 31, 2010)
Complete list of Canadian publicly-traded equity holdings
(as of March 31, 2011)
Complete list of Foreign publicly-traded equity holdings
(as of March 31, 2011)
Canada Pension Plan (2012)
List of Canadian publicly-traded equity holdings (as of March 31, 2012)
List of foreign publicly-traded equity holdings (as of March 31, 2012)
Private Equity Funds Commitments (December 31, 2011)
Five Other Large Canadian Pension Funds (2011)
Alberta Investment Management Corp
Form 13F, Securities and Exchange Commission (December 31, 2011)
Ontario Municipal Employees Retirement System
Form 13F, Securities and Exchange Commission (December 31, 2011)
Caisse de dépôt et placement du Québec
Form 13F, Securities and Exchange Commission (December 31, 2011)
Ontario Teachers' Pension Plan
Form 13F, Securities and Exchange Commission (September 30, 2011)
Public Sector Pension Investments
Form 13F, Securities and Exchange Commission (September 30, 2011)
.