One of the world’s largest public pensions by assets made major changes in its investments in large-cap tech stocks as 2021 came to a close.
PGGM of Zeist, Netherlands, cut investments in Apple (ticker AAPL), Intel (INTC), and Qualcomm (QCOM) stock in the fourth quarter, and initiated a position in Nvidia (NVDA) stock, according to a form it filed with the Securities and Exchange Commission.
PGGM,…