Janus Henderson Group PLC Cuts Stake in Apple Inc.
Janus Henderson Group PLC has reduced its stake in Apple Inc. by 1.6% during the first quarter, according to a recent SEC filing.
The firm owned approximately 26.9 million shares of Apple's stock after selling 425,198 shares during the quarter, accounting for about 3.2% of Janus Henderson Group PLC's holdings.
Apple accounts for the third largest position in Janus Henderson Group PLC's portfolio, with a total value of $6.8 billion as of its most recent filing with the SEC.
The reduction in stake by Janus Henderson Group PLC is not an isolated incident, as several other hedge funds and institutional investors have also adjusted their positions in Apple during the same period.