Apple Inc. (AAPL): Israel Englander Trims Stake

Apple Inc. (NASDAQ:AAPL) is featured on the Israel Englander Stock Portfolio: Top 10 Stock Picks.

Apple Inc. (NASDAQ:AAPL) has consistently appeared in the 13F portfolio of Millennium Management since the fourth quarter of 2010. Back then, this position comprised just under 4 million shares. By the third quarter of 2016, this holding had increased to nearly 12 million shares. Israel Englander was not done yet, and continued loading up on the stock, growing the stake to over 18 million shares by the end of the fourth quarter of 2020. Thereafter, it started trimming this position, reducing it to around 1.1 million shares at the end of 2024. Filings for the fourth quarter of 2025 show that the fund owned nearly 5 million shares in the tech giant, down 30% compared to filings for the previous quarter.

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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”

Hedge fund interest in Apple Inc. (NASDAQ:AAPL) has grown since the realization that the firm does not need to build the most expensive AI infrastructure to win. With over 2.5 billion active devices, hedge funds view Apple as the ultimate gatekeeper for AI. Whether users prefer Gemini, ChatGPT, or Apple’s own models, they will likely access them through an iPhone. The anticipated full rollout of Siri 2.0 in mid-2026 is seen as a massive up-sell opportunity for the Services segment, which already hit a record $30 billion in revenue in Q1 2026.

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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