Technology

As Apple sank, hedge funds bought

The more conservative institutions, by contrast, trimmed their positions.

 

Here’s how Apple performed in calendar Q4 2018 (Apple’s fiscal Q1 ’19):

apple sank hedge funds bought

Here, from 10,000 feet, is what the funds did in calendar Q4 (from Whale Wisdom):


Click to enlarge.

That was last quarter. What have the funds been doing during Apple’s calendar Q1 recovery? We won’t find out until May 15, 45 days after the quarter’s end.

For individual fund activity, see: Apple giants: Who bought, who sold last quarter ($).

My take: In the September quarter, these guys were contrary indicators. See As Apple rose, funds dumped. Go figure.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.