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>> LOEB Latest News

FEB 14, 2013 - Washington Business Journal

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Apple lost big hedge fund managers in Q4

Apple wasn’t just battling production issues in the fourth quarter. A number of big-name hedge fund investors were selling off their stock in the company as well. The latest is Third Point founder Daniel Loeb (yes, that Daniel Loeb). According to a 13F filing (the form hedge fund managers file with the Securities and Exchange Commission that shows what stocks they own), Loeb sold off his stake in Apple in the fourth quarter, which Business Insider noted was some 710,000 shares. Third Point…

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