Arrowstreet Global Equity Review: Performance, AUM, Founders

3. Apple Inc. (NASDAQ:AAPL)

Ratjens, Clarke, and Campbell’s fund added 3.18 million shares of Apple Inc. (NASDAQ:AAPL) during the second quarter, having amassed 4.77 million shares worth $686.34 million at the end of June. Apple Inc. (NASDAQ:AAPL) has been in the spotlight lately as the company approaches its September 12 event, where it is expected to release a number of new products, including an iPhone and an Apple Watch. However, on September 7, The Wall Street Journal reported that the new iPhone has faced some production issues and its shipments might be delayed. Bernstein analyst Tony Sacconaghi told CNBC in an interview that a significant delay into the start of 2018, could turn customers away to a different device, especially customers shopping around the holidays. There were 115 investors bullish on Apple Inc. (NASDAQ:AAPL) at the end of June, up by two over the quarter.

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