International City Management Association Retirement Corp.
International City Management Association Retirement Corporation (ICMA-RC) is a Washington, DC-headquartered investment adviser and retirement plan administrator, founded to provide retirement services and investment management solutions primarily to public sector employees, especially those in local and state government. The firm manages a range of retirement portfolios and serves various government agencies and public sector participants. It has over 600 employees and is recognized for its focus on the unique needs of municipal and public retirement plan sponsors and their employees.
Investment Strategy
ICMA-RC primarily manages and administers retirement assets for public sector clients, focusing on diversified investment strategies across major asset classes. The firm emphasizes prudent asset allocation, risk management, and cost efficiency, often utilizing index-based ETFs for core portfolio exposures. Their investment philosophy centers on long-term growth for retirement security, with tailored solutions for government and municipal agencies.
Top Holdings
Equity Positions (6)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IWR | ISHARES | 34.46% | $64.6M | 702,067 | $68.33 | $91.97 | +$4.8M |
I IVV | ISHARES | 26.41% | $49.5M | 79,711 | $418.61 | $620.90 | +$4.7M |
B BSV | VANGUARD | 25.18% | $47.2M | 599,500 | $77.25 | $78.70 | +$251.8K |
V VCSH | VANGUARD | 7.70% | $14.4M | 181,600 | $78.02 | $79.50 | +$101.7K |
S SPSM | SPDR SERIES TRUST | 3.68% | $6.9M | 161,660 | $40.76 | $42.60 | +$297.5K |