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Hedge Funds Add Apple, Reshuffle Technology Portfolio

Visitors line up in front of the Apple store before it opens on Nanjing East Road, one of the city's main commercial and tourist area, in Shanghai, China, on Saturday, Sept. 30, 2023. China's economy showed signs of a stronger recovery in September, according to a firm analyzing the global economy using satellite data. Photographer: Qilai Shen/Bloomberg
Visitors line up in front of the Apple store before it opens on Nanjing East Road, one of the city's main commercial and tourist area, in Shanghai, China, on Saturday, Sept. 30, 2023. China's economy showed signs of a stronger recovery in September, according to a firm analyzing the global economy using satellite data. Photographer: Qilai Shen/Bloomberg Bloomberg

(Bloomberg) -- Hedge funds continued to buy into some of the biggest technology companies including Apple Inc. in the second quarter while trimming positions in Nvidia Corp., as they reshuffle their positions in the artificial intelligence boom that had fueled a blistering rally in the US stock market.


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