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Apple Shareholders Adjust Holdings Amid Market Shifts

Guavy AI Editorial Team
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AAPL
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A recent SEC filing revealed that Positano Wealth Management Ltd has reduced its holdings in Apple Inc. by 31.3% in the first quarter, selling 2,251 shares of the iPhone maker's stock.

The fund owned 4,943 shares of Apple after the sale, valued at $1,254,000. This represents about 0.9% of Positano Wealth Management Ltd's portfolio, making Apple its 13th biggest holding.

This is not an isolated instance, as several other institutional investors have also made changes to their positions in Apple during the first quarter. Farmers National Bank boosted its holdings by 2.6%, while Evansbrook LLC increased its stake by 0.4%.

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