What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed. FAANG Loses Favor: The California Public Employees' Retirement System, aka CalPERS, sold shares in all.
mildly negative