Hedge Funds Make Big After Apple Rises More Than 6%

Apple Inc. (AAPL) surges more than 6% on Wednesday after the company reported first quarter EPS of $13.87 late on Tuesday, compared to $6.43 last year, beating analysts’ estimate of $10.08. For the second quarter, the company expects to report EPS of about $8.50, compared to analysts’ estimate of $8.04.

AAPL closed on Tuesday at $420.41, and is trading at $448.78 at 11:37AM EST on Wednesday, corresponding to a 6.75% or $28.37 increase. Several hedge funds may reveal large gains due to Apple’s outperforming.

CITADEL INVESTMENT GROUP

1. Citadel Investment Group – Ken Griffin: gains $69.05 million

2. D. E. Shaw – David E. Shaw: gains $68.28 million

3. Discovery Capital Management – Rob Citrone: gains $62.33 million

4. Lone Pine Capital – Stephen Mandel: gains $58.43 million

5. Tiger Global Management – Chase Coleman: gains $48.08 million

6. Coatue Management – Philippe Laffont: gains $37.82 million

7. Greenlight Capital – David Einhorn: gains $37.27 million

8. Adage Capital Management – Phill Gross and Robert Atchinson: gains $36.19 million

9. Blue Ridge Capital – John Griffin: gains $34.04 million

10. Columbus Circle Investors – Donald Chiboucis: gains $32.36 million

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in AAPL since the end of September. We did not take into account their option positions.

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

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

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

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!