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Lazard Asset Management Doubles Down on Apple

Guavy AI Editorial Team
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AAPL
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Lazard Asset Management LLC increased its stake in Apple Inc. (NASDAQ:AAPL) by 11.7% during the first quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The fund owned approximately 8.2 million shares of the iPhone maker's stock after acquiring an additional 865,600 shares during the quarter.

Apple accounts for about 3.4% of Lazard Asset Management LLC's portfolio, making it its largest position, worth around $2.09 billion at the end of the most recent reporting period.

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