Canada’s Largest Pension Cut Apple Stake, Bought Tesla, NIO, Li Auto | CPT PPP Coverage
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Canada’s Largest Pension Cut Apple Stake, Bought Tesla, NIO, Li Auto appeared on www.barrons.com by Ed Lin.
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones.
Canada Pension Plan sold 85% of its
Apple
stock (ticker: AAPL), and scooped up shares of
Tesla
(TSLA), and Chinese EV makers
NIO
(NIO) and
Li Auto
(LI) in the fourth quarter. Canada Pension Plan Investment Board, known as CPP Investments, which manages the pension, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
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