Form 13-Fs for big financial institutions reveal how much Apple stock they bought and sold in the fourth quarter of 2012, reports Fortune.
The top 5 institutions that sold: ● Capital World Investors: Down 4.9 million shares ● Fidelity Management and Research: Down 4.3 million ● Capital Research Global Investors: Down 2.9 million ● Wellington Management: Down 2.3 million ● Marisco Capital Management: Down 1.9 million
The top 5 institutions that bought: ● CitiGroup: Up 1.8 million to reach 7 million shares ● Commerzbank Aktiengesellschraft (German): Up 1.5 million to reach 2.8 million shares ● Credit Suisse (Swiss): Up 1.5 million to reach 3.4 million shares ● Vanguard Group: Up 1.1 million to reach 42 million shares ● Nataxis (French): Up 1 million to reach 1.3 million shares
Notably, three of the top five firms that bought were foreign companies.