Clough Capital Partners L P Boosts Apple Holdings by 34.2% in Q1
Clough Capital Partners L P significantly increased its holdings in Apple Inc. (NASDAQ:AAPL) during the first quarter, buying an additional 39,004 shares and now owning a total of 152,956. This represents a 34.2% increase in their stake in the company.
The institutional investor's holdings in Apple are valued at $38,819,000 as of its most recent SEC filing. Apple makes up 3.7% of Clough Capital Partners L P's investment portfolio and is currently their fifth largest holding.
Other hedge funds have also been increasing their stakes in Apple during the first quarter. Lazard Asset Management LLC, for example, raised its holdings by 11.7%, while Gateway Wealth Partners LLC boosted its position by 155.4%. Everest Financial Group LLC grew its stake in Apple by 21.1% and OMERS ADMINISTRATION Corp increased theirs by 22.5%.