Cullinan Associates Trims Apple Stake, Reduces Investment Portfolio Exposure

Cullinan Associates Inc., an institutional investor, reduced its stake in Apple Inc. by selling 18,761 shares during the 2nd quarter.

The fund owned 382,145 shares of Apple's stock after the sale, making it the company's biggest holding, accounting for 8.4% of Cullinan Associates' investment portfolio.

The total value of its holdings in Apple was $110,578,000 as of its most recent filing with the Securities and Exchange Commission.