The shadow bank that drives Apple; with $5.4 trillion, it’s the world’s largest asset manager

“I’ve been tracking the 13fs filed by the 20 largest Apple funds for the past four quarters and have discovered something interesting,” Philip Elmer-DeWitt writes for Apple 3.0.

“While the press was focused on the big bets on Apple by Warren Buffett’s Berkshire Hathaway, the action by a much bigger fund has gone largely unnoticed,” P.E.D. writes. “Over the past four quarters, it’s the BlackRock funds whose trading most closely aligns with action in Apple’s share price.”

P.E.D. writes, “BlackRock is now the world’s largest asset manager with $5.4 trillion under management.”

Check out the chart (change the quarters to see the action) in the full article here.

MacDailyNews Take: Also of note, of course, is that Susan Wagner, founding partner and director of BlackRock, joined Apple’s Board of Directors in July 2014.

2 Comments

  1. And this means what, that Apple will delight Pipeline’s vision to delight bloodsucking investors or that it will fulfill Job’s vision to delight consumers?

  2. BlackRock is now the world’s largest asset manager

    And as usual, the bigger they come, the harder they fall.

    Be careful out there kids. I personally suggest investing in what’s real, versus vapor, perception, spirit of the day, inflated euphoria, bogus imitation, totalitarian blowhards, parasites etc.

    IOW: Apple.

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