“Canadian pension fund manager Caisse de dépôt et placement du Québec has significantly raised its bet on Apple Inc., holding a stake in the California technology giant worth more than $1-billion as it hunts for fewer but more quality investments in the years ahead,” Nicolas Van Praet reports for The Financial Post.

“Documents filed with the U.S. Securities and Exchange Commission show the Montreal-based pension fund doubled its position in Apple in its latest quarter ended Dec.31, to two million shares from one million shares three months earlier,” Van Praet reports. “The value of that stock at the end of the year was $1.07-billion, placing Apple among the Caisse’s largest U.S.-traded investments.”

Read more in the full article here.

[Thanks to MacDailyNews Reader "Carl H." for the heads up.]