Here Are All The Hedge Funds That Are Completely Getting Out Of Apple
This is significant because the tech giant's stock is normally a hedge fund favorite.
So far we have four funds that have sold out of their stakes completely in Q4.
Here's the rundown:
- John Thaler's JAT Capital exited it position in Apple during Q4. The fund held 189,098 shares at the end of Q3.
- "Tiger Cub" Stephen Mandel dropped his entire Apple stake in the fourth quarter. Lone Pine held more than 805,000 shares at the end of Q3, according to a 13F.
- Dan Loeb's Third Point LLC also sold its Apple stake in Q4. Third Point had 710,000 shares at the end of Q3, according to a 13F filing.
- "Tiger Cub" Andreas Halvorsen's Viking Global dumped its entire Apple stake in Q4, the filing shows. The hedge fund owned 1,094,000 shares at the end of Q3.
- John Burbank's Passport Capital sold all its stake in the fourth quarter, according to a 13F. The fund owned 60,736 shares for the quarter ended 9/30/2012, according to a 13F.
- Eric Mindich's Eton Park Capital Management sold all of its Apple stake in the fourth quarter, according to a 13F filing with the SEC. The hedge fund had 250,000 shares at the end of the third-quarter, according to that 13F.
- Barry Rosenstein's JANA Partners sold its stake in Q4. At the end of Q3, the hedge fund held 143,148 shares of the tech giant, the Q3 13F filing shows.
- Leon Cooperman's Omega Advisors dumped its stake. He previously had 266,404 shares of the tech giant's stock at the end of the third quarter, according to a filing.
We're going to keep updating this post as the filings come out.