Louisiana State Employees Retirement System Makes New Investment in Celsius Holdings, Inc. (NASDAQ:CELH)

The Louisiana State Employees Retirement System (LSERS) is one of the largest public pension funds in the state of Louisiana, managing retirement benefits for over 100,000 active and retired employees of the state government and its political subdivisions. The system's investment portfolio is diversified across various asset classes, including domestic and international equities, fixed income securities, and alternative investments.

During the fourth quarter of 2021, LSERS made a new investment in Celsius Holdings, Inc. (NASDAQ: CELH), a global consumer brand in the growing health and wellness industry with a focus on functional beverages and nutritional products. According to the company's most recent 13F filing with the Securities and Exchange Commission (SEC), LSERS purchased 41,600 shares of CELH stock, valued at approximately $2,268,000 as of December 31, 2021.

The 13F filing is a quarterly report that institutional investors must file with the SEC to disclose their holdings of U.S. equities with a market value exceeding $100,000 as of the end of the quarter. The filing provides insight into the investment strategies and positions of institutional investors like LSERS.

Celsius Holdings, Inc. is a publicly-traded company that operates through its wholly-owned subsidiary, Celsius Energy Drink LLC. The company's flagship product is its namesake, CELSIUS, a functional beverage that provides healthy energy without the crash associated with traditional energy drinks. The company's product line also includes CELSIUS On-The-Go, CELSIUS Heat, and CELSIUS Sparkling Water.

Celsius Holdings has been experiencing strong growth in recent years, driven by increasing consumer demand for healthier alternatives to traditional energy drinks and functional beverages. The company's revenue grew from $121.3 million in 2018 to $413.6 million in 2020, representing a compound annual growth rate (CAGR) of 35%. In 2021, the company reported revenue of $543.5 million, representing a 28% year-over-year increase.

Other institutional investors have also shown interest in CELSUS Holdings. According to the same 13F filing, other institutional investors with significant holdings in the company include BlackRock Institutional Trust Company, Norges Bank Investment Management, and Vanguard Group, among others.

The investment by LSERS in CELSUS Holdings is part of the pension fund's ongoing efforts to diversify its investment portfolio and seek out opportunities for long-term growth. The investment in the health and wellness industry, specifically in a company with a proven track record of growth and innovation like CELSUS Holdings, aligns with the pension fund's goals and objectives.

In conclusion, the Louisiana State Employees Retirement System (LSERS) made a new investment in CELSUS Holdings, Inc. (NASDAQ: CELH) during the fourth quarter of 2021, purchasing 41,600 shares valued at approximately $2,268,000. The investment is part of LSERS' ongoing efforts to diversify its investment portfolio and seek out opportunities for long-term growth. The company's focus on functional beverages and nutritional products aligns with the growing trend towards healthier alternatives to traditional energy drinks and functional beverages. Other institutional investors, including BlackRock Institutional Trust Company, Norges Bank Investment Management, and Vanguard Group, also hold significant stakes in the company.