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Janus reduces Apple stake to 2.8 percent


Janus Capital Group reduced its stake in Apple on Monday to 2.8 percent from 6.5 percent, according to a U.S. regulatory filing on Monday. “The mutual fund reported in a filing made with the U.S. Securities and Exchange Commission a 2.8-percent passive stake with almost 10.3 million common shares,” reports Reuters. “According to Apple’s March proxy statement, Janus held 6.5 percent with 23.3 million shares as of Jan. 31, 2003, and was the second largest shareholder behind Lord Abbett, which held 8.6 percent.”

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