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Apple atop hedge fund list of favorite stocks


Apple, already the top favorite among hedge funds, gained more admirers in the second quarter, including Eric Mindich and Larry Robbins, according to “The Street” (

Apple was ranked the No. 1 “must-have” stock in the first quarter, according to Goldman Sachs’ Hedge Fund Trend Monitor, which dissects 700 hedge funds with IS$1.25 trillion in equity assets. Apple was among the top 10 positions at 63 hedge funds as of March 31, heading the so-called VIP list. The company “looks likely to repeat as the top company on Goldman’s second-quarter VIP list,” says “The Street.”

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