Apple, Amazon, Microsoft, Alphabet, and Tesla make up a core portion of both the S&P 500 and Nasdaq 100.
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
The rental car company, Avis, recently saw a 207% stock price increase when its CEO mentioned it will buy more electric vehicles in the future.
The Nikola founder could face decades in prison for allegedly false, misleading Twitter posts.
This noted market pessimist said in January that some shares would thrive, despite a popped bubble.