I am sorry hedge funds are in no way dumping aapl stock! Funds are buying here.
Where do you come up with these things? Where did you see that a big fund was reducing their position in aapl? Those things happened in the 3rd and 4th quarter not since January 2013. There has been tremens support of buying aapl on any dips and we watched aapl drive off of the bottom at around $500 with vigor and strength. This board does not do a good job of representing the very bright future aapl has in 2013. I am just one investor but I expect aapl to actually reach new highs this year. I do quite a bit of research and all signs point to very substantial gains in 2013 for aapl.
Plenty of funds are selling. Cooperman and others are full out.
•Capital World Investors: Down 4.9 million shares
•Fidelity Management and Research: Down 4.3 million
•Capital Research Global Investors: Down 2.9 million
•Wellington Management: Down 2.3 million
•Marisco Capital Management: Down 1.9 million