Apple Sees Record-Breaking Institutional Investment with Connor Clark & Lunn Stake
Connor Clark & Lunn Investment Management Ltd. recently acquired a significant new position in shares of Apple Inc., the iPhone maker.
The fund purchased approximately $1.06 billion worth of AAPL stock, with 3,675,441 shares valued at around $1.06 billion according to its most recent 13F filing with the Securities and Exchange Commission.
This new investment represents about 2% of Connor Clark & Lunn's overall portfolio, making it one of the company's top holdings.