Reddit Stock Portfolio: 5 Most Popular Stocks To Consider

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 138

Warren Buffett’s Berkshire Hathaway was the largest shareholder of Apple Inc. (NASDAQ:AAPL) in Q2, owning shares worth $121.5 billion. Overall, the company presented a positive hedge fund sentiment in Q2, with 138 hedge funds tracked by Insider Monkey having stakes in the company, up from 127 in the previous quarter. The total value of these stakes is over $145.5 billion.

ClearBridge Investments mentioned Apple Inc. (NASDAQ:AAPL) in its first-quarter 2021 investor letter. Here is what the firm has to say:

“As we actively manage holdings and position sizes, we look to regularly recycle capital into more compelling opportunities. Maintaining our valuation discipline, we sharply reduced our position in Apple, whose shares more than doubled following our initial purchase in mid-2019 with an earnings multiple rising from the low-to-mid teens to nearly 30x.”