Caterpillar(US:CAT) Zheng Quan Shi Bao Wang·2025-08-27 01:48Group 1 - The Norwegian Sovereign Wealth Fund has withdrawn investments from one American company, Caterpillar, and five Israeli financial institutions due to ethical considerations related to human rights violations in conflict situations [1][2] - The fund's decision is based on the assessment that these companies contribute to serious infringements on personal rights during wars and conflicts, with specific mention of Caterpillar's equipment being used for large-scale destruction of Palestinian property [2][3] - As of June 30, the fund held 1.17% of Caterpillar's shares valued at $2.1 billion and a total of $661 million in shares across the five Israeli banks [2][3] Group 2 - The fund has sold its stake in an Israeli aircraft engine company that maintained military aircraft for the Israeli military, indicating a broader review of its investments in Israeli companies [3] - The fund's second-quarter report showed a 6.4% return, driven by an 8.45% return on stock investments, with significant holdings in major tech companies like Apple, Microsoft, and Nvidia [3] - The fund has reduced its holdings in major oil and gas companies, including ExxonMobil and Chevron, reflecting a strategic shift in its investment portfolio [4]