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[$$] Pimco's Big Buys: Apple, Intel, Merck, Pfizer, GE

Pimco is the largest bond investor, but it also manages quite a bit in equities. According to S&P Capital IQ, Pimco now oversees $5.1 billion in U.S. equities. While U.S. stocks were “a little expensive,” Ivascyn said Pimco has “a mild preference for financials, housing-related investments, and investments tied to the consumer.” The appetite for consumer-tied stocks hadn’t abated by the fourth quarter, when Pimco increased its investment in Apple (AAPL) more than tenfold.