Stocks
Livforsakringsbolaget Skandia Omsesidigt Takes a $220 Billion Bite Out of Apple
Livforsakringsbolaget Skandia Omsesidigt has purchased a new position in Apple Inc.'s shares, acquiring 762,280 stocks valued at approximately $220,368,000. This represents 7.1% of the firm's investment portfolio and makes it Apple's second-largest holding.
Other institutional investors have also made significant changes to their positions in Apple this quarter. Berkshire Hathaway Inc., Bank of America Corp DE, Legal & General Group Plc, Deutsche Bank AG, and Mitsubishi UFJ Asset Management Co. Ltd. all bought new stakes in the company, with combined values ranging from $10,588,946,000 to $65,950,297,000.
67.73% of Apple's stock is currently owned by institutional investors and hedge funds.