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Ohio Pension Boosts Palantir and MicroStrategy Shares

Ohio pension system increased Palantir and MicroStrategy shares, sold Lyft, amid volatile market conditions.

Ohio Public Employees Retirement System Makes Moves in Volatile Stocks

Ohio Public Employees Retirement System bought more shares of Palantir Technologies and MicroStrategy.
They sold Lyft shares in the second quarter.
Opers disclosed the trades in a form filed with the Securities and Exchange Commission.

Opers didn’t respond to a request for comment.
The pension had $155.6 billion in total assets at the end of 2024.
This makes it the 14th largest public fund in the U.S.

Palantir stock rose 80% in the first half of the year.
The S&P 500 rose 5.5%.
Palantir shares are up 13% in the third quarter.
The S&P 500 is up 1.5%.

Opers bought 171,441 more Palantir shares.
The pension now owns 908,712 shares.
They also bought 21,499 MicroStrategy shares.
Opers now owns 101,880 shares.

MicroStrategy is the largest corporate Bitcoin holder.
The company has been selling preferred shares to buy more Bitcoin.
MicroStrategy stock rose 40% in the first half of 2025.
Shares are up 4.7% in the third quarter.

Lyft stock gained 22% in the first two quarters.
It’s down 6.3% in the third quarter.
Opers sold 58,881 Lyft shares.
The pension now owns 166,628 shares.

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