Shell Pension Plan
Corporate pension, based in Houston, Texas, reporting $9.7B in assets, for 54,337 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Shell Pension Plan no longer reports Blackrock Msci USA Small Cap Equity (last held $160M at 2023-12-31; absent from the 2024-12-31 filing).
5 more advisers, 26 more commitments and 16 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Short-Term Investment Fund3 commitments
- Long Duration Corporate Credit Scre3 commitments
- Psa2 - Short Term Liquidity Fund3 commitments
- Blackrock Institutional Trust Company, N.A.17 commitments
- BNY Mellon3 commitments
- Wellington Trust Company3 commitments
Relationship network
80 connected entities29 observed commitments14 repeat counterparties26 dated commitments shown here, 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 1.2%
- Non-interest-bearing cash 0.4%
- Corporate debt instruments (other) 16.0%
- Corporate debt instruments (preferred) 8.4%
- U.S. Government securities 26.4%
- Employer securities 0.1%
- Insurance company general account 0.0%
- Partnership/joint venture interests 25.3%
- Common/collective trusts 18.2%
- Pooled separate accounts 1.8%
- Common stock 0.0%
- Preferred stock 0.2%
Consultants and advisers
- Simpson Thacher & Bartlett LLP Pension consultantthrough Dec 31, 2024 Form 5500
- Bloomberg L.P. Pension consultantthrough Dec 31, 2023 Form 5500
- Russell Investments Implementation Pension consultantthrough Dec 31, 2022 Form 5500
+5 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Blackrock Institutional Trust Company, N.A.17 rows, latest Dec 31, 2024
- BNY Mellon3 rows, latest Dec 31, 2024
- Wellington Trust Company3 rows, latest Dec 31, 2024
- Blackrock Insti. Trust Company, N.Aplan years
- Blackrock Institutional Trust Company, N.A.plan years
- Wellington Managementplan years 2022
+13 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2024Holding endedinferenceShell Pension Plan no longer reports Blackrock Msci USA Small Cap Equity (last held $160M at 2023-12-31; absent from the 2024-12-31 filing)with Blackrock Msci USA Small Cap Equityaskebsa.dol.gov
- Dec 31, 2024Holding startedShell Pension Plan first reports an interest in Msci Acwi Imi Index Fund F: $566M at 2024-12-31with Msci Acwi Imi Index Fund Faskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceShell Pension Plan no longer reports Blackrock Msci Eafe Small Cap Equit (last held $94M at 2023-12-31; absent from the 2024-12-31 filing)with Blackrock Msci Eafe Small Cap Equitaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceShell Pension Plan no longer reports Blackrock Msci Can Small Cap Equity (last held $10M at 2023-12-31; absent from the 2024-12-31 filing)with Blackrock Msci Can Small Cap Equityaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceShell Pension Plan no longer reports Blackrock Msci Emerging Markets Imi (last held $192M at 2023-12-31; absent from the 2024-12-31 filing)with Blackrock Msci Emerging Markets Imiaskebsa.dol.gov
+16 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Msci Acwi Imi Index Fund Fcollective trust | Blackrock Institutional Trust Company, N.A. | Pooled vehicles | $566M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Short-Term Investment Fundcollective trust | Blackrock Institutional Trust Company, N.A. | Cash | $1,550 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Long Duration Corporate Credit Screcollective trust | Blackrock Institutional Trust Company, N.A. | Private credit | $660M held | Disclosed holding | askebsa.dol.gov |
+26 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 54,337 | $15B | $13B | 105.9% | $9.7B | $2.5B | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 54,109 | $14B | $13B | 108.0% | $15B | $2.9B | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 55,146 | $19B | $13B | 121.7% | $15B | $3.0B | Not disclosed | Not disclosed |
- The Prudential Insurance codes 13 23 $2.7B PY2024
- FMR LLC codes 15 38 50 $3.2M PY2024
- Wellington Management codes 28 51 $2.2M PY2024
+127 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Shell Pension Plan sits on 15 traced paths of capital across the graphs.
DFX traced 15 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Holding in a pooled vehicle ended2024-12-31source on record
- Holding in a pooled vehicle started2024-12-31source on record
- Holding in a pooled vehicle ended2024-12-31source on record
+18 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+25 connections on the graph
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