BlackRock Amends Apple Stake, Signals Institutional Holdings Update

TL;DR

**BlackRock updated its Apple holdings, showing its stake as of year-end 2023.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on February 12, 2024, indicating its ownership of Apple Inc. common stock as of December 31, 2023. This is the 14th amendment to their Schedule 13G filing for Apple. This matters to investors because BlackRock is one of the world's largest asset managers, and changes in their holdings can signal shifts in institutional sentiment or investment strategy regarding Apple, potentially influencing market perception and stock price.

Why It Matters

This filing provides transparency into BlackRock's significant institutional ownership in Apple, offering insights into major fund managers' confidence in the company.

Risk Assessment

Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently signal a high-risk event for Apple Inc.

Analyst Insight

Investors should note BlackRock's continued significant stake in Apple, which suggests ongoing institutional confidence, but this filing alone doesn't necessitate immediate action beyond monitoring future disclosures for changes in ownership percentage.

Key Players & Entities

• BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership of Apple Inc. common stock
• Apple Inc. (company) — the subject company whose common stock is being reported on
• December 31, 2023 (date) — the date of the event which required the filing of this statement, indicating the snapshot of BlackRock's holdings
• February 12, 2024 (date) — the date the SC 13G/A filing was made public
• 037833100 (number) — the CUSIP Number for Apple Inc. Common Stock

Forward-Looking Statements

• BlackRock will continue to be a significant institutional holder of Apple Inc. common stock. (BlackRock Inc.) — high confidence, target: December 31, 2024

FAQ

From the Filing

0001086364-24-006980.txt : 20240212 0001086364-24-006980.hdr.sgml : 20240212 20240212161719 ACCESSION NUMBER: 0001086364-24-006980 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Apple Inc. CENTRAL INDEX KEY: 0000320193 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 942404110 STATE OF INCORPORATION: CA FISCAL YEAR END: 0928 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33632 FILM NUMBER: 24620156 BUSINESS ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: (408) 996-1010 MAIL ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 FORMER COMPANY: FORMER CONFORMED NAME: APPLE INC DATE OF NAME CHANGE: 20070109 FORMER COMPANY: FORMER CONFORMED NAME: APPLE COMPUTER INC DATE OF NAME CHANGE: 19970808 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us0378331005_021224.txt us0378331005_021224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14) APPLE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 037833100 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 037833100 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 936902208 (6) Shared voting power 0 (7) Sole dispositive power 1043713019 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 1043713019 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 6.7% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- APPLE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- ONE APPLE PARK WAY CUPERTINO CA 95014 Item 2. 2(a) Name of person filing: -----------------------------------------------------------