The second-largest public pension by assets in the U.S. increased its stake in one of the year’s most-volatile stocks, initiated a position in a marijuana grower, and trimmed its exposure to Warren Buffett.
The California State Teachers’ Retirement System bought more shares of movie-theater chain AMC Entertainment Holdings (ticker: AMC) and analytics-software firm Snowflake (SNOW), acquired shares of the cannabis producer Tilray (TLRY), and reduced its holdings in Berkshire Hathaway (BRKb), Buffett’s investment juggernaut….
