mr. hewitt. >> thank you. members of the committee, supervisor wiener, good morning, my name is jay hewitt. i'm the executive director of the san francisco employees retirement system. we have provided to you -- we have been asked by supervisor wiener's staff to provide a written response to his october request that we refinalize divestment from the russian system that the portfolio currently has. i will update that as of today. those holdings have been reduced from 37 million down to just over $26 million. these investments and these holdings are placed by discretionary managers. so, we're not sure why there is, you know, a significant decrease in the holdings, but i just wanted to update the committee that, in fact, now it's just over $26 million of russian securities that the portfolio has. as i pointed out in the letter, i believe that we have a strong track record of responding to requests from the board of supervisors for members of the public for information that is not covered specifically by a policy.