Stock Market
Giant Pension Sells Caterpillar and Microsoft Stock, Buys Comcast and Visa
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One of the largest Canadian pensions made major changes in its U.S.-traded portfolio.
Ontario Teachers’ Pension Plan sold all its
Caterpillar
stock (ticker: CAT), slashed a
Microsoft
(MSFT) investment, materially increased a stake in
Comcast
(CMCSA), and initiated a position in
Visa
(V) in the fourth quarter. The pension disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
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