Stocks
Twin Lakes Invests Heavily in Apple
Twin Lakes Capital Management LLC has invested $23.53 million in Apple Inc., buying approximately 81,324 shares of the iPhone maker's stock during the second quarter.
The new position makes Apple about 9% of Twin Lakes' investment portfolio and its third-largest holding.
This is not an isolated instance as several other hedge funds have recently bought or sold AAPL shares. Avenir Tech Ltd, Longfellow Investment Management Co., Lifetime Wealth Management P.C., Ascentis Wealth Management LLC, and Basso Capital Management L.P. all made new stakes in Apple during the second quarter.