General Partner Cuts Apple Stake by Nearly 18%
General Partner Inc., an investment firm, has reduced its holdings in Apple Inc. (NASDAQ:AAPL) by 18% during the second quarter, according to a recent SEC filing.
The fund owned 47,055 shares of Apple's stock after selling 10,350 shares during the quarter.
Apple accounts for about 7.3% of General Partner Inc.'s investment portfolio, making it the firm's second-largest position.