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13F: Buffett Bought Apple While Others Sold

Nathan Reiff

According to the Edmonton Journal, hedge funds reduced their holdings in AAPL stock by about 153 million shares across the first quarter of 2018. Investors at firms submitting 13F filings with the SEC have sold off shares of Apple's stock for three of the past four quarters. The exception was the fourth quarter of 2017, a period that saw this group of money managers buying a net 8.6 million shares of the company.