Holdings and investments in the largest 100 public employee pension systems reached their highest level since the U.S. Census Bureau began tracking this data in 1968.
In the fourth quarter of 2013, cash and security holdings totaled $3,191.5 billion. Quarter over quarter, cash and security holdings increased 4.2 percent and year-over-year they increased 12.5 percent from $2.836.8 billion in the fourth quarter of 2012. Earnings on investments totaled $165.7 billion in the fourth quarter of 2013.
Corporate stocks rose 5.9 percent from $1,058.7 billion in the third quarter to $1,121.4 billion in the fourth quarter of 2013. Year-over-year, corporate stocks increased 18.1 percent from $949.4 billion in the fourth quarter of 2012. They comprised 35.1 percent of the total cash and security holdings of major public pension systems for the current quarter.
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