Westshore Wealth Sells Big Chunk of Apple Stock
Westshore Wealth LLC has made significant adjustments to its investment portfolio in Apple Inc. (NASDAQ:AAPL). According to its most recent Form 13F filing with the Securities and Exchange Commission, the institutional investor sold 8,699 shares of Apple stock during the first quarter, representing a 31.6% decrease in its stake.
This reduction has impacted Westshore Wealth LLC's holding in Apple, which now comprises approximately 1.7% of its investment portfolio, making it the company's 14th largest position. The value of its holdings in Apple as of its most recent SEC filing was $4,786,000.
Other hedge funds have also made changes to their positions in Apple during the quarter. JMG Financial Group Ltd. increased its stake by 0.7%, while Reyes Financial Architecture Inc. and Interactive Financial Advisors Inc. both saw their holdings grow.