A Huge Pension Fund Bought Netflix, Disney, Microsoft And This Gaming Stock In Q2 – Walt Disney Company (DIS), Microsoft (MSFT), NetFlix (NFLX), Tesla Motors (TSLA)

Ontario Academics’ Pension Plan has considerably raised its publicity in Netflix Inc (NASDAQ:NFLX), Microsoft Corp (NASDAQ:MSFT) and Walt Disney Co (NYSE:DIS), regulatory filings revealed on Friday.

What Occurred: The biggest Canadian funding administration agency with $221.2 billion in web property, bought Tesla Inc. (NASDAQ:TSLA) convertible notes price $502.82 million, on the finish of the second quarter. 

The pension fund slashed the majority of the holdings in Tesla bonds that had been as a consequence of mature in 2024 whereas the remainder had been due in 2022.

The cash supervisor additionally raised its publicity in Netflix threefolds throughout the quarter, snapping up 411,745 shares within the on-line video streaming firm, which lifted the entire stake to 584,808 shares, price $308.9 million. 

See Additionally: This Investment Management Firm With $149B Portfolio Trimmed Tesla, Apple Stakes In Q2, Added Alibaba And This EV Stock Instead

Netflix shares, which have fallen 4.60% to this point this yr, closed 1% larger at $515.92 on Friday.

The institutional investor additionally elevated its place in Microsoft by about 43% throughout the second quarter because it snapped 679,019 shares, lifting the entire publicity within the Satya Nadella-led firm to $614.49 million. 

Microsoft shares have risen 32% to this point this yr and closed 1% larger at $292.85 on Friday.

The pension fund added 105,094 shares in Disney throughout the quarter, which lifted its stake within the leisure conglomerate by 21.5% to a complete of $104.5 million. 

Disney shares have been almost flat to this point this yr however closed 1% larger at $181.08 on Friday.

Ontario Academics’ Pension Plan almost halved its publicity within the on-line gaming firm Roblox Corp (NYSE:RBLX). 

Shares of Roblox have risen almost 21% since its itemizing in March this yr and closed 1.58% larger at $83.96.

The pension fund, which purchased and bought shares price $8 billion within the second quarter, shed 707 shares in Roblox however nonetheless held 18,862 shares price about $1.69 million within the firm throughout the interval.