Daiichi Life Insurance Co. Ltd., a Japanese institutional investor, has purchased a significant stake in Apple Inc.
In its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Daiichi revealed it acquired 767,131 shares of AAPL stock in the second quarter, valued at approximately $221,977,000.
This represents about 5.2% of Daiichi's investment portfolio, making Apple its largest position.
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