Apple giants: Who bought, who sold

As Warren Buffett’s Berkshire Hathaway was gobbling up 75 million shares of Apple, T Rowe Price, Fidelity, State Street and JPMorgan collectively dumped 77 million.

Below: Three quarters of Apple hedge fund trading activity in one snazzy interactive chart. Not seeing it? Click here.

SEC 13f data courtesy of Whale Wisdom.

Note: These interactive Datawrapper charts are best viewed on a large screen. Click the headers to see the magic.

My take: Oh ye funds of little faith.

5 Comments

  1. David Drinkwater said:

    Damn. Buffett is clearly committed!

    (He must have spent a lot of time educating himself on Apple, because he says he doesn’t like to invest in thins he doesn’t understand. Either that, or perhaps he thinks that – with Services etc. emerging – Apple is more in his intellectual wheelhouse. Note: definitely not impugning the wheelhouse.)

    0
    May 16, 2018
  2. Gianfranco Pedron said:

    Looks like Berkshire Hathaway bought just about everything the others dumped in FQ1 and FQ2.

    Just wondering, would such large volumes be traded on the open market or would they be negotiated between buyer and seller directly for a given lot size?

    0
    May 16, 2018
    • Gregg Thurman said:

      Volumes shown above would dramatically move equity pricing to the detriment of either the buyer or seller. These transactions are negotiated broker to broker and do not go through the exchanges.

      1
      May 16, 2018
  3. Ken Cheng said:

    Always love the dynamic charts; having said that, the scale changes from chart to chart, making Fidelity’s 11.7M shares sold in 2017Q4, appear larger than their 23.8M shares sold in the next quarter. It’s fine, but I doubt Hans Rosling would like interactive charts that actually slow you down in your understanding of the data.

    0
    May 16, 2018
  4. Jonny Tilney said:

    I do sometimes wonder if these fund managers live in some kind of bubble of their own…

    1
    May 16, 2018

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