Fayez Sarofim & Co reduced its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,366,927 shares of the iPhone maker's stock after selling 368,884 shares during the period. Apple comprises about 9.1% of Fayez Sarofim & Co's holdings, making the sto...
Fayez Sarofim & Co reduced its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,366,927 shares of the iPhone maker's stock after selling 368,884 shares during the period. Apple comprises about 9.1% of Fayez Sarofim & Co's holdings, making the stock its 2nd largest position. Fayez Sarofim & Co owned approximately 0.10% of Apple worth $3,929,425,000 at the end of the most recent reporting period. Several other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in Apple in the second quarter worth $38,942,255,000. Nuveen LLC acquired a new position in Apple during the first quarter worth $17,472,482,000. PKS Advisory Services LLC raised its holdings in Apple by 98,917.0% during the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock valued at $12,106,000 after buying an additional 57,898,088 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in Apple by 20,464.8% during the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after buying an additional 26,937,401 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after buying an additional 20,079,472 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds. Get Apple alerts: Sign Up Apple News Roundup Here are the key news stories impacting Apple this week: Positive Sentiment: Apple acquired MotionVFX, a maker of Final Cut Pro plugins and motion-graphics tools — a strategic tuck-in to bolster Final Cut Pro/creator ecosystem and subscription st...