Dearborn Partners Loads Up on Apple Stock with $107 Million Bet

Dearborn Partners LLC, an institutional investor, recently acquired 422,029 shares of Apple Inc. stock in the second quarter, according to a recent SEC filing.

The acquisition valued at approximately $107,107,000 represents about 5.7% of Dearborn Partners' investment portfolio, making Apple its largest position.

This is not an isolated instance; several other institutional investors and hedge funds have also recently made changes to their positions in the business.