Largest U.S. Pension Slashed Positions in Alibaba, Palantir, and GameStop. Here’s What It Bought.

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The largest U.S. public pension by assets recently made major changes in its stock portfolio.

California Public Employees’ Retirement System cut its positions in Alibaba Group Holding (ticker: BABA), Palantir Technologies (PLTR), and GameStop (GME), in the first quarter. Calpers, as the pension is known, also bought more Zoom Video Communications (ZM) stock during the period.


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