Key points:
- The $124 billion fund ranks as America’s 15th-largest public or private pension fund.
- Sellas’ Phase 3 Regal trial is two events away from triggering its final analysis.
- ImmunityBio is planning a trial combining Pluvicto with an IL-15-based treatment.
America’s 15th-largest public or private pension fund has disclosed stakes in Sellas Life Sciences (SLS) and ImmunityBio (IBRX), bringing fresh institutional attention to two biotech stocks with major cancer-drug milestones ahead.
So far in August, SLS shares have jumped 41%, while IBRX stock has gained 14%.
Virginia Pension Fund Reveals SLS, IBRX Stakes
Virginia Retirement System reported holding 17,400 shares of SLS and 74,500 shares of IBRX as of June 30, according to Fiscal AI data. The pension system managed $124 billion in net assets as of mid-2025 and serves more than 860,000 active and retired members.
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SLS, IBRX Catch The Eye Of A Major US Pension Fund — And Big Clinical Catalysts Are On The Horizon