George Soros Sold 93K Shares of Apple- What Should You Do?

George Soros reduced his Apple (AAPL) holdings by 93K shares at the end of March. He bought 210 K call options, which were offset by a 280 K position in Apple put options. Soros is getting bearish about Apple.

George Soros - Soros Fund Management

What should you do? We think you should get a second opinion before making any decisions. Here are what other prominent hedge fund managers were doing:

Stephen Mandel – Lone Pine Capital: Mandel had 1.7 Million shares of Apple at the end of December. He sold about 9% of these, as Apple went up during the first quarter. He had $542 Million in Apple at the end of March, vs. $553 Million at the end of December.

Phill Gross and Robert Atchison – Adage Capital: Reduced number of shares by 5%. Adage had $503 Million in Apple at the end of March.

Chase Coleman – Tiger Global Management: Increased Apple holdings by 25%. Coleman had $493 Million in Apple at the end of March.

Lee Ainslee – Maverick Capital: Increased Apple holdings by 3%. Maverick had $416 Million in Apple at the end of March.

John Griffin – Blue Ridge Capital: Reduced Apple holdings by 13%. Griffin had $340 Million in Apple most recently, vs. $364 Million at the end of December.

David Einhorn – Greenlight Capital: Unchanged. Einhorn had $292 Million in Apple at the end of March.

Eric Mindich – Eton Park Capital: Increased Apple call options by 67%. Mindich had $174 Million in Apple calls at the end of March.

Barry Rosenstein – JANA Partners: Reduced Apple holdings by 19%. Rosenstein had $83 Million in Apple at the end of March.

Dan Loeb – Third Point: Increased Apple holdings by 25%. Loeb had $70 Million in Apple most recently.

David Tepper – Appaloosa: David Tepper initiated a brand new $70 Million position in Apple.

Alan Fournier – Pennant Capital: Increased Apple holdings by 51%. Fournier had $64 Million in Apple at the end of March.

Julian Robertson – Tiger Management: Reduced Apple holdings by 34%. Robertson had $28 Million in Apple at the end of March.

Leon Cooperman – Omega Advisors: Increased holdings by 88%. Cooperman had $28 Million in Apple most recently.

David Gerstenhaber – Argonaut Capital: Reduced holdings by 67%. Gerstenhaber had $3 Million in Apple at the end of March.

Ray Dalio – Bridgewater Associates: Reduced holdings by 48%. Dalio had peanuts in Apple.

Andreas Halvorsen – Viking Global: Sold out. Halverson had 260 thousand shares of Apple at the end of December. He seems to be the most bearish hedge fund manager in this group.

Overall these hedge funds had 9.5 Million Apple shares (excluding Soros’ put options) at the end of March. They had 9.3 Million shares at the end of December.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!