Korea Investment CORP Makes $3 Billion Bet on Apple

Korea Investment CORP, a significant investor in technology stocks, has made a substantial new investment in Apple Inc. (NASDAQ:AAPL). According to its most recent 13F filing with the Securities and Exchange Commission, Korea Investment CORP acquired approximately 10.36 million shares of Apple's stock during the second quarter, valued at around $2.99 billion.

This significant investment brings Apple to a notable position in Korea Investment CORP's portfolio, accounting for about 5.7% of its holdings. Apple is now the company's third-largest holding, further solidifying its importance in the investor's portfolio.