Hedge Funds Disclose Positions on AAPL# Stock
l*m
1 楼
Last night, the quarterly SEC disclosures hit that give us a peek into the
activities of the world’s best billionaire hedge fund managers.
Now, 13-F filings provide a ton of information, but you have to know exactly
what to look for to make these filings useful.
With that being said here is what caught my eye from the holdings of the
world’s best billionaire hedge fund managers:
Apple
Every top hedge fund seemed to either buy or increase their position in
Apple, including billionaire Leon Cooperman.
Cooperman initiated a brand new position in the stock, buying more than one
million shares in Apple last quarter (before it split). We said almost two
months ago that Apple’s 7-for-1 stock split in June would be a positive
catalyst to push the stock higher. In an instant, it would make the most
widely held stock in the world affordable again for the retail investor.
Apple is up almost 25% since announcing the split, and is currently trading
near a significant psychological round number of $100.
Expect a big fuss to be made about this activity in Apple shown in these
filings, but this one looks old and tired. Apple was a good buy after its
June stock split and was an even better buy when I called the bottom in the
stock more than a year ago. And that was well before Carl Icahn or any major
hedge fund owned the stock. Bottom line, I would not buy Apple here and
would actually sell it when it hits $100.
activities of the world’s best billionaire hedge fund managers.
Now, 13-F filings provide a ton of information, but you have to know exactly
what to look for to make these filings useful.
With that being said here is what caught my eye from the holdings of the
world’s best billionaire hedge fund managers:
Apple
Every top hedge fund seemed to either buy or increase their position in
Apple, including billionaire Leon Cooperman.
Cooperman initiated a brand new position in the stock, buying more than one
million shares in Apple last quarter (before it split). We said almost two
months ago that Apple’s 7-for-1 stock split in June would be a positive
catalyst to push the stock higher. In an instant, it would make the most
widely held stock in the world affordable again for the retail investor.
Apple is up almost 25% since announcing the split, and is currently trading
near a significant psychological round number of $100.
Expect a big fuss to be made about this activity in Apple shown in these
filings, but this one looks old and tired. Apple was a good buy after its
June stock split and was an even better buy when I called the bottom in the
stock more than a year ago. And that was well before Carl Icahn or any major
hedge fund owned the stock. Bottom line, I would not buy Apple here and
would actually sell it when it hits $100.
