Cumberland Partners Ltd Cuts Apple Stake by Nearly 19%
Cumberland Partners Ltd, an investment firm, reduced its stake in Apple Inc. (NASDAQ:AAPL) by 18.7% during the first quarter, according to a recent SEC filing.
The fund sold 37,380 shares of Apple's stock, bringing its total holdings down to 162,591 shares.
Apple accounts for about 3.1% of Cumberland Partners Ltd's portfolio and is the company's eighth-largest holding, valued at $41,264,000 as of the end of the reporting period.