CalPERS
Largest US pension cuts stake in Nio, liquidates Li Auto in Q1
CalPERS liquidated its position in Xpeng in the third quarter of 2022.
Largest US pension ups bets on Nio and Li Auto in Q3, liquidates position in Xpeng
CalPERS increased its position in Nio by 18.2 percent and its position in Li Auto by 21.05 percent in the third quarter.
Largest US pension keeps positions in Nio and Xpeng largely unchanged in Q2, increases bet on Li Auto
The CalPERS opened a position in Nio in the first quarter of 2019, when it bought 140,451 shares. Nio went public in the US on September 12, 2018.