Giant Pension Sells Caterpillar and Microsoft Stock, Buys Comcast and Visa

One of the largest Canadian pensions made major changes in its U.S.-traded portfolio.

Ontario Teachers’ Pension Plan sold all its


Caterpillar


stock (ticker: CAT), slashed a


Microsoft


(MSFT) investment, materially increased a stake in


Comcast


(CMCSA), and initiated a position in


Visa


(V) in the fourth quarter. The pension disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.