Amundi Boosts Apple Stake to Become Third Largest Holding

Amundi, a French investment management company, significantly increased its stake in Apple Inc. (NASDAQ:AAPL) in the first quarter of this year, acquiring an additional 13.78 million shares.

This represents a 23.2% increase in Amundi's ownership of Apple stock and brings their total shares to 73.08 million, making up approximately 5% of their portfolio.

As the third largest position held by Amundi, this investment is worth around $18.55 billion at current market prices.