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Hedge Funds Apple Shares

Hedge Funds Apple Shares

Hedge Funds Bought Up Apple Shares in Third Quarter

Several prominent hedge funds accumulated shares on Apple (NASDAQ:AAPL) in the third quarter of 2010. Hedge funds buying up shares of Apple include Greenlight Capital, Adage Capital Partners and Tudor Investment Corporation. Currently, Apple shares are trading above $300.
David Einhorn, famous for shorting Lehman Brothers, bought 525,000 shares for his Greenlight Capital.

Phil Gross' Adage Capital Partners bought 107,000 shares. Interestingly, it also dumped 1,139,000 shares of Microsoft (NASDAQ:MSFT). Microsoft is currently trading at $26.20 a share.

Dan Loeb's Third Point bought 150,000 shares.

Paul Tudor Jones, the legendary trader profiled in the book Market Wizards, bought 364,800 shares for his Tudor Investment Corporation. Source

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