stock.
The pension halved its position in Canopy stock, and also sliced off about a quarter of its stakes in Aurora and Cronos.
Since the start of April, however, Canopy Growth, Aurora, and Cronos have slid 21%, 4.4%, and 18.7%, respectively, while the index is up 6.5%.
Last year, Canopy and Aurora were cutting jobs and closing greenhouses to lower cash burn.
BCI bought 69,563 additional Mastercard shares to end the first quarter with 635,688 shares.
The two stocks had lackluster performances in the first quarter, with Mastercard essentially flat, and Visa sliding 3.2%.
Visa also said its “crypto strategy is unfolding nicely.” Mastercard’s first-quarter report also topped expectations, but the outlook came up short as well.
Inside Scoop is a regular Barron’s feature covering stock transactions by corporate executives and board members—so-called insiders—as well as large shareholders, politicians, and other prominent figures.
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