May 15- One-time hedge fund darling Apple Inc was dropped by more well-known fund managers in the first quarter, including John Griffin and Chase Coleman. Shares of Apple closed down $15.01, or 3.4 percent, at $428.85 on Wednesday.
NEW YORK, May 15- Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares. Regulatory filings revealed that JANA, a hedge fund with $5.5 billion in assets, picked up some 14 million shares of Supervalu in the quarter ended March 31.
May 15- One-time hedge fund darling Apple Inc was dropped by more well-known fund managers in the first quarter, including John Griffin and Chase Coleman. Shares of Apple were down $19.50, or 4.4 percent, at $424.36 in trading on the Nasdaq on Wednesday.
May 15- One-time hedge fund darling Apple Inc was dropped by more famous hedge fund managers in the first quarter, including John Griffin and Chase Coleman. Shares of Apple were down $17.91, or 4 percent, in trading on the Nasdaq on Wednesday.
NEW YORK, May 15- Barry Rosentein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares.
May 14- Top U.S. money managers raised concerns at an informal discussion with New York Federal Reserve President William Dudley last month about the large inflow of dollars from mom-and-pop investors into fixed-income funds the past few years.
NEW YORK, Feb 21- American International Group has replaced Apple Inc as the hedge fund industry's favorite stock, according to a Goldman Sachs Group analysis of fourth-quarter regulatory filings.
Feb 14- Hedge fund heavyweights from Leon Cooperman's Omega Advisors to Barry Rosenstein's Jana Partners threw in the towel on Apple Inc in the fourth quarter, while other managers found discount retailers Dollar General Corp and Dollar Tree Inc attractive, regulatory filings showed on Thursday.
BOSTON, Feb 14- Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.