Nasdaq website in Institutional Holdings under Aapl show FMR sold 43 million shares of the funds' Aapl last quarter . That is huge volume for Market to absorb. Soros and Einhorn purchases same period only 350000 shares!!!! This is gross. They sold 94.8% of their Aapl portfolio taxes issue
2nd Largest Apple Shareholder Fidelity Sells 4M Shares
February 14, 2013 2:29 PM EST
In an amended 13G filing on Apple, Inc. (NASDAQ: AAPL), Fidelity parent FMR LLC disclosed a 4.41%, or 41,472,327 share, stake in the company. This is down 8.84% from the 45,494,145 shares held at the end of the latest quarter ending September 30, 2012.
FMR is the second largest Apple holder behind BlackRock.
And many, mant LARGE CAP growth mutual funds still have AAPL as largest single holding
per 12/31/12 per IBD reports AND Goldman Sachs reiterating 660 price target---- so why has stock dropped from 479 to 460 last week ????????