A Big Fund Scooped Up AT&T, Gilead, and Qualcomm Stock. Here’s What It Sold.

3 years ago 390

A elephantine pension made large concern changes successful the 2nd quarter.

The State of Michigan Retirement Systems accrued investments successful AT&T (ticker: T), Gilead Sciences (GILD), and Qualcomm (QCOM), and slashed its involvement successful Verizon Communications (VZ) successful the 2nd quarter. The pension disclosed the trades, among others, successful a signifier it filed with the Securities and Exchange Commission.

Michigan’s...

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A Big Fund Scooped Up AT&T, Gilead, and Qualcomm Stock. Here’s What It Sold.

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