DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Corporate pension
Baxalta Incorporated and Subsidiaries Pension Plan
Corporate pensionExton, PA
Assets
$395M
Total assets, Dec 31, 2024 reported
Funded
105.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
14
none on the tape
Plan sponsor: Takeda Pharmaceuticals U.S.A., Inc
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Non-interest-bearing cash 0.1%
- U.S. Government securities 5.3%
- Common/collective trusts 46.1%
- Registered investment companies 39.6%
Consultants and advisers
4 firms
- Conduent Hr Services LLC General consultantthrough Dec 31, 2022 Form 5500
- State Street Bank & Trust Company Directed trusteeTrusteethrough Dec 31, 2024 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
- Towers Watson Pennsylvania, Inc. Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
- State Street - Russell 20001 rows, latest Dec 31, 2022
- State Street Global Advisors Trust1 rows, latest Dec 31, 2022
From Schedule C (investment management, code 28)
- Mercerplan years 2023
- Goldman Sachs Asset Managementplan years 2022
Commitments
14 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Mercer Passive Long Government Fixecollective trust | Mercer | Pooled vehicles | $20.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer Active Long Corporate Fixedcollective trust | Mercer | Fixed income | $140M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer Active Intermediate Credit Fcollective trust | Mercer | Private credit | $21.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Passive Long Government Fixecollective trust | Mercer | Pooled vehicles | $35.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Active Long Corporate Fixedcollective trust | Mercer | Fixed income | $239M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Active Intermediate Credit Fcollective trust | Mercer | Private credit | $32.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Russell 2000 Index Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $6.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Msci Emerging Markets Index Fundcollective trust | State Street Bank and Trust Company | Public equity | $8.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Opportunistic Fixed Incomecollective trust | Mercer | Hedge / diversifiers | $6.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | International Index Non-Lending Sercollective trust | State Street Global Advisors Trust | Pooled vehicles | $14.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Passive Long Government Fixecollective trust | Mercer | Pooled vehicles | $103M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Global Low Volatility Equitycollective trust | Mercer | Public equity | $7.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer US Large Cap Core Passive Eqcollective trust | Mercer | Public equity | $23.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Active Long Corporate Fixedcollective trust | Mercer | Fixed income | $121M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$843,202 (2023-12) · $550,991 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,524 | $376M | $378M | 105.6% | $395M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 1,541 | $333M | $367M | 100.0% | $375M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 1,524 | $380M | $351M | 102.6% | $334M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Towers Watson codes 11 30 50 $1.4M PY2024
- Mercer codes 28 51 $544,644 PY2024
- State Street Bank codes 25 99 $89,709 PY2024
- Crowe LLP codes 10 50 $32,471 PY2024
- Mercer Active Intermediate Credit F Sched. D C $21.6M PY2024
- Mercer Long Government Fixed Income Sched. D C $20.5M PY2024
- Mercer Active Long Corporate Fixed Sched. D C $140M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Mercer codes 28 51 $625,249 PY2023
- Towers Watson codes 11 30 50 $379,249 PY2023
- Goldman Sachs codes 28 51 $217,953 PY2023
- State Street Bank codes 13 15 21 50 $70,434 PY2023
- Crowe LLP codes 10 50 $53,550 PY2023
- Mercer Active Intermediate Credit F Sched. D C $32.9M PY2023
- State Street Russell 2000 Nl Fund Sched. D C PY2023
- SS Msci Emrgng Mkt Nl Common Fund Sched. D C PY2023
- Mercer Opportunistic Fixed Income P Sched. D C PY2023
- State Street International Sched. D C PY2023
- Mercer Long Government Fixed Income Sched. D C $35.5M PY2023
- Mercer Global Low Volatility Equilt Sched. D C PY2023
- Mercer US Large Cap Core Passive Eq Sched. D C PY2023
- Mercer Active Long Corporate Fixed Sched. D C $239M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Goldman Sachs codes 28 51 $550,991 PY2022
- Towers Watson codes 11 30 50 $426,686 PY2022
- State Street Bank codes 13 15 21 50 $91,452 PY2022
- Crowe LLP codes 10 50 $51,278 PY2022
- Conduent Hr Consulting LLC codes 16 50 $11,250 PY2022
- State Street Russell 2000 Nl Fund Sched. D C $6.0M PY2022
- SS Msci Emrgng Mkt Nl Common Fund Sched. D C $8.8M PY2022
- SS Msci Eafe 100% Hedged Nl Fund Sched. D C PY2022
- SS Msci Eafe Sml Cap Nl Fund Sched. D C PY2022
- SS S&p 500 Flagship Nl Fund Sched. D C PY2022
- GS Coll Trust Lng Dur Fxd Inc Fund Sched. D C PY2022
- GS Coll Trust Tactical Exp Fund Sched. D C PY2022
- Hedge Fund Opportunities Inst Ltd Sched. D E PY2022
- State Street Msci Cad Sml Cap Ind F Sched. D C PY2022
- State Street Msci Emg Mkt Sml Cap I Sched. D C PY2022
- State Street Cad Index Nl Fund Sched. D C PY2022
- Mercer Opportunistic Fixed Income P Sched. D C $6.7M PY2022
- State Street International Sched. D C $14.1M PY2022
- Mercer Long Government Fixed Income Sched. D C $103M PY2022
- Mercer Global Low Volatility Equilt Sched. D C $7.4M PY2022
- Mercer US Large Cap Core Passive Eq Sched. D C $23.9M PY2022
- Mercer Active Long Corporate Fixed Sched. D C $121M PY2022
- State Street Msci Eafe Index Fund Sched. D C PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
15 events
- Dec 31, 2024Manager relationship endedinferenceGoldman Sachs no longer appears on Baxalta Incorporated and Subsidiaries Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Goldman Sachs Asset Managementaskebsa.dol.gov
- Jan 1, 2024Funded status changedBaxalta Incorporated and Subsidiaries Pension Plan funded ratio 100.0% -> 105.6% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedBaxalta Incorporated and Subsidiaries Pension Plan plan assets $333M -> $376M (+12.7%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports Mercer Global Low Volatility Equity (last held $7M at 2022-12-31; absent from the 2023-12-31 filing)with Mercer Global Low Volatility Equityaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports International Index Non-Lending Ser (State Street Global Advisors Trust) (last held $14M at 2022-12-31; absent from the 2023-12-31 filing)with State Street Global Advisors Trustaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports Mercer Opportunistic Fixed Income (last held $7M at 2022-12-31; absent from the 2023-12-31 filing)with Mercer Opportunistic Fixed Incomeaskebsa.dol.gov
- Dec 31, 2023Holding startedBaxalta Incorporated and Subsidiaries Pension Plan first reports an interest in Mercer Active Intermediate Credit F: $33M at 2023-12-31with Mercer Active Intermediate Credit Faskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports Russell 2000 Index Nl Fund (State Street - Russell 2000) (last held $6M at 2022-12-31; absent from the 2023-12-31 filing)with State Street - Russell 2000askebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports Mercer US Large Cap Core Passive Eq (last held $24M at 2022-12-31; absent from the 2023-12-31 filing)with Mercer US Large Cap Core Passive Eqaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBaxalta Incorporated and Subsidiaries Pension Plan no longer reports Msci Emerging Markets Index Fund (last held $9M at 2022-12-31; absent from the 2023-12-31 filing)with Msci Emerging Markets Index Fundaskebsa.dol.gov
- Dec 31, 2023Manager relationship startedMercer appears on Baxalta Incorporated and Subsidiaries Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Merceraskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceConduent Hr Consulting LLC no longer appears on Baxalta Incorporated and Subsidiaries Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Conduent Hr Services LLCaskebsa.dol.gov
- Dec 31, 2023Assets changedBaxalta Incorporated and Subsidiaries Pension Plan total assets $334M -> $375M (+12.3%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedBaxalta Incorporated and Subsidiaries Pension Plan funded ratio 102.6% -> 100.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedBaxalta Incorporated and Subsidiaries Pension Plan plan assets $380M -> $333M (-12.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 134013710-003
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.