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Institutional Investors Back Out of Apple (AAPL) as Innovation Fears Grow - Analyst
February 26, 2014 3:37 PM ESTAre institutional investors backing out of Apple Inc. (Nasdaq: AAPL)?
Morgan Stanley's Katy Huberty thinks so. The analyst observed recently that institutional investor hold less-concentrated positions in Apple than in the past with the top 30 holders allocating just 2.2 percent of their fund to the tech giant, versus 4.1 percent (on average) over the last five years.
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