Valuewalk – As Apple is at the list of Goldman Sachs’ Very Important Positions list, it also tops the list of what the firm’s analysts say is the 50 stocks that “matter most” to hedge funds. In their latest report, they said that as of the end of September, there were 92 funds with 10 to 200 positions owning Apple stock.
As of the end of the quarter, there were 58 funds in their review with Apple as a top ten holding. On average, Apple had an 8% weight in hedge fund portfolios in which it was among the top ten holdings. Total year to date return from Apple is 45%, according to Goldman Sachs’ analysis.
