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Between July and September, Calpers purchased 215,405 Rivian securities and 2.3 million shares of Tesla stock. Consequently, the portfolio of the pension fund now included 9 million Tesla shares and 976,594 Rivian shares.
Furthermore, Calpers increased its holding to 3.5 million securities by acquiring 758,727 shares of Palantir Technologies, a provider of big data solutions.
Palantir shares have tripled in value since the start of the year, Tesla shares have increased 74%, and Rivian shares lost 16%.
In the third quarter, Calpers sold one million Oracle shares, bringing its total holdings down to seven million equities. This year, Oracle's share price has increased by 38%.
source: cnn.com
Furthermore, Calpers increased its holding to 3.5 million securities by acquiring 758,727 shares of Palantir Technologies, a provider of big data solutions.
Palantir shares have tripled in value since the start of the year, Tesla shares have increased 74%, and Rivian shares lost 16%.
In the third quarter, Calpers sold one million Oracle shares, bringing its total holdings down to seven million equities. This year, Oracle's share price has increased by 38%.
source: cnn.com
