Jefferies Downgrades Apple Outlook Amid Increased Institutional Interest

Fintel reports that on May 2, 2025, Jefferies downgraded their outlook for Apple (SNSE:AAPLCL) from Hold to Underperform.

Current Fund Sentiment Towards Apple

Recently, there are 7,664 funds or institutions reporting positions in Apple, marking an increase of 460 owners, or 6.39%, in the last quarter. The average portfolio weight of all funds invested in AAPLCL is 3.71%, reflecting an increase of 8.71%. Furthermore, total shares held by institutions rose by 3.33% in the past three months, reaching 10,621,361K shares.

Changes Among Other Shareholders

Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) holds 473,592K shares, representing 3.15% ownership of the company. In its prior filing, it reported owning 457,849K shares, which indicates a 3.32% increase. The firm’s portfolio allocation in AAPLCL increased by 9.56% last quarter.

Vanguard 500 Index Fund Investor Shares (VFINX) holds 409,170K shares, representing 2.72% ownership. Previously, it owned 398,082K shares, resulting in a 2.71% increase. The firm’s portfolio allocation in AAPLCL grew by 4.51% during the last quarter.

Geode Capital Management holds 340,165K shares, accounting for 2.26% ownership. Previously, they reported 333,858K shares, marking a 1.85% increase, with a 4.89% rise in their portfolio allocation in AAPLCL over the past quarter.

Berkshire Hathaway remains steady with 300,000K shares, representing 2.00% ownership, showing no change from the last quarter.

Price T Rowe Associates holds 220,108K shares, representing 1.47% ownership. In the previous filing, it reported 235,581K shares, denoting a 7.03% decrease. However, the firm increased its portfolio allocation in AAPLCL by 0.54% over the last quarter.