Stock Market
Largest U.S. Pension Buys Up Apple, Tesla, and Disney Stock
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The largest public pension in the U.S. by assets just made major changes in its investment portfolio.
The California Public Employees’ Retirement System bought more
Apple
(ticker: AAPL),
Tesla
(TSLA), and
Walt Disney
(DIS) stock, and sold about a fifth of its stake in
Walmart
(WMT) in the fourth quarter. Calpers disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
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