Barrons.com
A Huge Fund Sold GameStop Stock. It Bought Moderna and Lyft.
The New York State Teachers’ Retirement System cut its holdings of the videogame retailer GameStop (ticker: GME), and dramatically increased its investment in Moderna (MRNA), known for its Covid-19 vaccine, in the third quarter. NYSTRS, as the pension is known, also initiated investments in ride-hailing company Lyft (LYFT), and DigitalBridge Group (DBRG), a real-estate investment trust focused on digital infrastructure. NYSTRS disclosed the stock trades in a form it filed with the Securities and Exchange Commission.
