Apple Stake Reduced by Groupama Asset Management

Groupama Asset Management, a fund manager, reduced its stake in Apple Inc. (AAPL) by 2.7% during the first quarter of this year.

The company's holdings in Apple now comprise approximately 4.5% of Groupama's investment portfolio, making it their third largest position.

According to a recent filing with the Securities and Exchange Commission, Groupama owned 1,227,358 shares of Apple's stock after selling 34,313 shares during the period.

The total value of Groupama's holdings in Apple as of its most recent SEC filing was $311,491,000.