The Oregon Public Employees Retirement Fund bought more shares of Apple, and cut its positions in Tesla, Microsoft, and communications firm AT&T in the second quarter, reports Apple 3.0.
Operf, as the pension is known, disclosed the stock trades in a form it filed with the Securities and Exchange Commission. Oregon State Treasury, which manages Operf, didn’t respond to a request for comment. As of June. 30, Operf’s total assets stood at $93.3 billion.
Apple 3.0 reports that Operf purchased 260,230 additional Apple shares to end June with 1.9 million. Apple stock slid 23% in the first half of the year, compared with a 21% drop in the S&P 500 index.
