Institutional Insights and Hedge Fund Moves: Apple (AAPL) Analysis

2024-03-12

During the meeting held to discuss the financial data for the quarter ending December 31, 2023, it was revealed that Apple (AAPL) remained a favored choice among investors. A total of 4687 hedge funds were found to hold a significant number of AAPL shares, amounting to 9,628,842,697 shares. In addition, 65 ETFs collectively held 608,507,791 AAPL shares. Among the top institutional holders of AAPL shares were Vanguard Group Inc., BlackRock Inc., Berkshire Hathaway Inc., State Street Corp, and Geode Capital Management, LLC.

Analysis of the data from the last quarter indicated that 1763 hedge funds were actively buying AAPL shares, while 2516 were selling. The buying activity resulted in the acquisition of 271,392,807 AAPL shares, whereas 264,705,700 shares were sold. Notably, 117 hedge funds doubled their position on AAPL, while 29 hedge funds opted to sell at least 90% of their AAPL shares.

In terms of sentiment towards AAPL, the most optimistic institutions included Legal & General Group Plc, Vanguard Group Inc., State Street Corp, Morgan Stanley, and BlackRock Inc. Conversely, the most pessimistic institutions regarding AAPL were Capital World Investors, Goldman Sachs Group Inc, Berkshire Hathaway Inc, and Citadel Advisors LLC.

The data presented during the meeting was sourced from sharkstracker.com, a platform known for providing a data-driven perspective on the market. For those interested in a more comprehensive analysis, the full report on AAPL can be accessed through the following link: [Sharks Tracker Report on AAPL](https://www.sharkstracker.com/reports/ReportDetail12:AAPL/?rrr=3).