Stocks
Kimelman & Baird LLC Snaps Up Apple Shares Worth Over $79 Million
Kimelman & Baird LLC has acquired a significant stake in Apple Inc. (NASDAQ:AAPL), purchasing 276,417 shares of the company's stock worth approximately $79,984,000 in the second quarter.
This new position makes up about 4.3% of Kimelman & Baird LLC's investment portfolio, making it the fund's largest holding.
Other institutional investors have also recently bought Apple shares, including Prospect Hill Management LLC, Focus Partners Advisor Solutions LLC, Wealthfront Advisers LLC, Satovsky Asset Management LLC, and Saranac Partners Ltd. These investors collectively own about 67.73% of Apple's stock.