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Apple Stake Cut: NewEdge Advisors Sells 66,699 Shares

Guavy AI Editorial Team Published August 16, 2026

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AAPL

NewEdge Advisors LLC has cut its stake in Apple Inc. (NASDAQ:AAPL) by 1.9% during the first quarter, selling 66,699 shares of the iPhone maker's stock.

The fund owned 3,365,597 shares of Apple after the sale and accounts for about 3.1% of NewEdge Advisors LLC's portfolio, making it its largest position.

According to a recent SEC filing, NewEdge Advisors LLC's holdings in Apple were worth $854,155,000 as of its most recent filing.

The Wire

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