Hedge Funds Take Bite Out of Apple Holdings
Apple still remained one of the hot stocks among hedge funds at the end of the fourth quarter. However, many of the funds closed out their positions or took a big bite out of their holdings.
Stephen Taub
February 23, 2011
Apple Inc.'s trading activity is displayed on the electronic board of the Nasdaq MarketSite in New York, U.S., on Tuesday, Jan. 18, 2011. Apple Inc. Chief Executive Officer Steve Jobs took a leave of absence as a rare form of cancer he's been battling since 2004 and a more recent liver transplant worsened his health. Photographer: Jin Lee/Bloomberg
Jin Lee/Bloomberg
