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Cumberland Partners Cuts Apple Holdings Amid AI Demand

Guavy AI Editorial Team
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AAPL
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Cumberland Partners Ltd reduced its Apple Inc. (NASDAQ:AAPL) holdings by 18.7% in the first quarter, according to a recent Securities and Exchange Commission filing.

The fund owned 162,591 shares of Apple's stock after selling 37,380 shares during the period, making it the company's 8th biggest holding, accounting for around 3.1% of its holdings.

Cumberland Partners Ltd's Apple holdings were valued at $41,264,000 at the end of the most recent reporting period.

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