Do Apple’s Top Institutional Shareholders Agree With Tim Cook?

Apple (NASDAQ:AAPL): In all the hustle and bustle amid Apple’s quarterly earnings release yesterday, a small note made by CEO Tim Cook made a rather confirmatory statement towards the end of the earnings call, regarding Apple’s plans to jump into the five-inch smartphone market — in short, it isn’t. “Some customers value large screen size. Others value other factors, such as resolution, color quality, white balance, screen longevity, portability, compatibility,” said Cook, when asked what he thought of the five-inch smartphone market. “Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist.”

These institutional firms indicated owning shares of Apple Inc. in Q1 2013. They reported owning a total of 141.081 million shares on 03/31/2013. The shares closed at $442.66 on 03/31/2013.

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Here are the ten largest positions in Apple Inc. at the end of March 31st, 2013.

Vanguard Group Inc. held 43,247,824 shares on 03/31/2013 worth $19,144,081,930. This brought the portfolio total to 2.1%.

Blackrock Institutional Trust Company N.A. held 25,668,431 shares on 03/31/2013 worth $11,362,387,760. This brought the portfolio total to 2.33%.

Bank of New York Mellon Corp. held 12,562,591 shares on 03/31/2013 worth $5,560,956,578. This brought the portfolio total to 1.77%.

Blackrock Fund Advisors held 8,888,900 shares on 03/31/2013 worth $3,934,760,507. This brought the portfolio total to 1.51%.

Blackrock Group Ltd held 6,689,923 shares on 03/31/2013 worth $2,961,361,340. This brought the portfolio total to 2.19%.

Alliancebernstein L.P. held 3,935,042 shares on 03/31/2013 worth $1,741,885,706. This brought the portfolio total to 1.9%.

Baillie Gifford & Co. held 2,459,183 shares on 03/31/2013 worth $1,088,581,956. This brought the portfolio total to 3.44%.

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Blackrock Inc. held 2,365,552 shares on 03/31/2013 worth $1,047,135,257. This brought the portfolio total to 2.02%.

Blackrock Investment Management LLC held 2,294,066 shares on 03/31/2013 worth $1,015,491,264. This brought the portfolio total to 1.77%.

Blackrock Advisors LLC held 1,809,048 shares on 03/31/2013 worth $800,793,194. This brought the portfolio total to 0.8%.

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