Apple regains credence with top Hedge Funds: Discovery Capital, Coatue Management, Greenlight & Icahn

August 18th, 2014
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Apple (AAPL)'s stock, once the most widely held stock among hedge funds, is again gaining favor with many of the top hedge fund managers. As reported by Forbes, such hedge fund luminaries as Robert Citrone (Discovery Capital Management) and Phillippe Laffont (Coatue Management) have increased their stakes in Apple substantially this year, making it the largest positions in their portfolios.

The purchases came in the second quarter following Apple’s first quarter plunge. Apple shares went on to gain 22 percent between March and June. Long-time Apple enthusiast, Carl Icahn also added $500 million in Apple shares to his $5 billion position and David Einhorn of Greenlight Capital continues to maintain Apple as his largest holding.
For Detailed Investor Profiles on these Investors, click below:
C12 Capital Management
Coatue Capital
Discovery Capital Management
Greenlight Capital
Icahn Associates (Carl Icahn)
Related People: Alexander J. Denner; Brett Icahn; Bruce Gutkin; Carl Icahn; Charly Cui; David Einhorn; David Scully (CMO); Harry Brandler; Harry Krensky; James Lin; Jeffrey A. Keswin*; Keith A. Meister*; Marcos Amino; Michael Keeley; Michael Liu; Nelson Heumann; Philippe Laffont; Robert Citrone; Stephen King; Thomas Laffont; Vinit Sethi
Related Entities: Atlas Capital Management; Discovery Global Citizen’s Fund (DGCF); Discovery Global Opportunity Master Fund Ltd; Barclays Capital*; C12 Capital; Coatue Capital; Coatue Offshore funds; Coatue Qualified Partners LP; Discovery Americas I; Discovery Global Opportunity Fund; DME Advisors LP; Greenlight Capital Inc; Greenlight Masters LLC; Greenlight Private Equity Partners; High River Limited Partnership; Icahn Partners; Icahn & Co Inc; Icahn Associates; Icahn Enterprises (formerly American Real Estate Partners); Icahn Fund Ltd; Icahn Partners LP; Protium Finance LP
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Top Hedge Fund Portfolio Reports

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