MasterInvest Enters Apple's Top Holdings with $48M Stake

MASTERINVEST Kapitalanlage GmbH has acquired 166,969 shares of Apple Inc. (NASDAQ:AAPL) in the second quarter, according to a recent 13F filing with the Securities and Exchange Commission.

The institutional investor purchased these shares valued at approximately $48,314,000, which makes up about 4.1% of MASTERINVEST Kapitalanlage GmbH's portfolio, making Apple its third biggest position.

This is not an isolated instance of investment in Apple, as a number of other hedge funds and institutional investors have also added to or reduced their stakes in the company recently.