Apple Becomes Top Holding for Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership, an investment firm, has significantly increased its stake in Apple Inc. (NASDAQ:AAPL) shares by 12% during the first quarter. The firm purchased an additional 2,083,564 shares, bringing its total holdings to 19,443,190 shares of Apple stock.

According to a recent disclosure with the Securities & Exchange Commission, Arrowstreet Capital Limited Partnership's stake in Apple represents approximately 2.7% of their portfolio, making it their fifth-largest holding. The firm's investment in Apple is valued at around $4.934 billion as of the end of the most recent reporting period.

Other institutional investors and hedge funds have also made significant changes to their positions in Apple during the first quarter. Rainier Family Wealth Inc., for example, increased its holdings by 14.1%, while Eaton Cambridge Inc. lifted its stake by 21.3%.