U.S. Pension Acquires Intel, Nvidia: What’s the Impact?

Calpers Makes Significant Changes to its Stock Holdings

Calpers, the largest public pension in America, has made some major adjustments to its stock holdings, according to a filing with the Securities and Exchange Commission. The pension fund has doubled down on Intel stock, increased its investment in Nvidia, acquired more shares of Walt Disney, and trimmed its position in Netflix. With over $480 billion in assets, Calpers is known for being one of the largest private-equity investors in the world. However, the pension declined to comment on the specific reasons for these investment changes.