Billionaire Israel Englander Sells Apple Stock and Buys an Index Fund That Could Soar 180%, According to a Wall Street Analyst
AAPLApple(AAPL) The Motley Fool·2024-12-19 18:20

Israel Englander is the CEO of Millennium Management, the second most profitable hedge fund in history as measured by net gains since inception, according to LCH Investment. In total, Millennium owns more than 6,000 stocks, index funds, and options, but Englander downsized one of his largest positions in the third quarter.Specifically, he sold 11.5 million shares of Apple (AAPL -2.14%), reducing his stake by 90%. Apple had been one of his hedge fund's top 10 holdings, but it no longer ranks in top 75. Meanw ...