Giant U.S. Pension sold Nvidia, Tesla, and Apple Stock. It Bought Rivian. - Barron's
1. TRS sold 804,110 Nvidia shares, reducing holdings to 7.93 million. 2. Nvidia's stock dropped 19% in Q1, already showing signs of recovery. 3. US tariffs on chips could impact Nvidia's exports and profits significantly. 4. TRS investment changes may reflect broader market sentiments about tech stocks. 5. Pension fund now holds about $209.5 billion, affecting stock market dynamics.