Apple Inc. (AAPL): D. E. Shaw Trims Holding

Apple Inc. (NASDAQ:AAPL) features on the D. E. Shaw Stock Portfolio: Top 10 Stocks to Buy.

Apple Inc. (NASDAQ:AAPL) has featured in the 13F portfolio of D. E. Shaw consistently since the fourth quarter of 2010, with two notable exceptions in the second quarter of 2012 and the second quarter of 2017. Since the third quarter of 2017, however, this holding, comprising 32 million shares then, has undergone massive changes. Filings for the fourth quarter of 2025 show that this position was only one of two prominent holdings in the D. E. Shaw portfolio that underwent minor trimming, with the fund decreasing the stake it held in Apple by 7% compared to filings for the third quarter of 2025.

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Jim Cramer on Apple (AAPL): “Doesn’t Hurt That They’ve Avoided Spending Hundreds of Billions of Dollars on Data Centers”

Apple Inc. (NASDAQ:AAPL) remains a cornerstone of institutional portfolios and despite a year-to-date decline of roughly 8.5% and macro headwinds from geopolitical tensions, elite managers are doubling down on a recovery thesis centered on an iPhone 17 AI Super-Cycle. Analysts from Wedbush and Morgan Stanley maintain high-conviction price targets up to $350, betting that the integration of Gemini-powered AI features and a long-awaited Siri reboot in iOS 27 will trigger a massive hardware upgrade cycle among Apple’s 1.5 billion active users. Beyond hardware, the Services segment continues to act as a margin fortress, with revenue recently growing at a double-digit clip and approaching a $100 billion annual run rate.

While we acknowledge the risk and potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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