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.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

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!