Sapient Capital Trims Apple Stake

Sapient Capital LLC has trimmed its position in Apple Inc., reducing its stake by 18.8% during the first quarter, according to a recent SEC filing.

The institutional investor owned 1,105,077 shares of AAPL after selling 256,269 shares during the period, which accounts for about 4.2% of Sapient Capital LLC's investment portfolio and makes Apple its 4th largest position.

Sapient Capital LLC's holdings in Apple were worth $280,404,000 at the end of the most recent reporting period.