Thursday, January 24, 2013

The 10 Hedge Funds With The Biggest Stakes In Apple




According to BI’s Julia La Roche tech giant Apple posted disappointed earnings results yesterday and missed analysts' expectations pretty much across the board.  The stock, which has been a hedge fund favorite for quite some time, was last down more than 11.6% today.  Here's a rundown of the ten hedge funds with the largest stake in Apple, according to 13F data for the third quarter ended 9/30/2012 compiled by Bloomberg.

Discovery Capital (Robert Citrone): The 'Tiger Cub' hedge fund held 2,017,052 Apple shares, or a 0.21% stake at the end of Q3.  The fund added 63,100 shares in that quarter, the data shows.

D.E. Shaw (David E. Shaw): At the end of Q3, the fund held 1,529,0777 shares or a 0.16% stake.  D.E. Shaw sold 285,887 shares during the third quarter.

Tiger Global Management (Chase Coleman): Tiger Global held 1,300,000 shares of a 0.14% stake in Apple,  The hedge fund sold 100,000 shares of Apple in the third quarter.
.
Greenlight Capital (David Einhorn): Greenlight owned 1,090,890 shares of Apple or a 0.12% stake.  Greenlight sold 363,630 shares in Q3….



No comments:

Post a Comment