AMF Tjanstepension 13F: Cuts Apple (AAPL) Stake by $22M

Institutional investor AMF Tjanstepension reduced its holdings in Apple Inc. AAPL by 67,510 shares, according to a Form 13F filing disclosed with the SEC on October 22, 2026.

AAPL Apple Inc.

$348.22 ▲ +28.84% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in AMF Tjanstepension's Apple Position

The fund trimmed its position by 2.1% during the quarter, moving from 3,258,851 shares down to 3,191,341 shares. The remaining stake carried a reported value of $1,062,780,380 at the time of the filing.

Other Institutional Activity in Apple

Other major funds also adjusted their exposure to the consumer electronics maker. Smith Chas P & Associates Pa Cpas grew its holdings by 43,235 shares, ending with 368,273 shares worth about $126.49 million. SBI Securities reduced its stake by 5,719 shares to finish with 464,200 shares valued at about $154.59 million. E. Ohman J:or Asset Management trimmed its position by 15,498 shares, wrapping up the period with 834,903 shares worth roughly $278.04 million. Magnus Financial Group raised its stake by 2,062 shares to reach 139,696 shares valued at about $46.52 million. Berkshire Hathaway, Inc held steady with 227,917,808 shares valued at about $79.37 billion.

Apple Inc. Stock Up 1.7%

Apple shares recently traded around $345.32 as of October 22, 2026. The stock sits up about 5.4% above its 50-day moving average of $327.70 and about 17.6% above its 200-day moving average of $293.55. The shares trade just 0.8% below their 52-week high of $348.15 and sit well above their 52-week low of $243.42.

Recent Earnings

Apple generated $466.82 billion in revenue over the trailing twelve months, supported by an earnings per share figure of $8.72. The technology giant posted a net profit margin of 27.6% and a return on equity of 148.8%. Investors look ahead to the company's next earnings report scheduled for November 2, 2026.

Dividend

Apple pays an annual dividend rate of $1.08 per share, which translates to a dividend yield of 0.31%. The company maintains a dividend payout ratio of 12.0%.

Insider Buying and Selling at Apple Inc.

Company insiders executed several sales prior to the filing. General Counsel Jennifer Newstead sold 2,399 shares on October 6 at $332.01 per share for a total value of $796,492, and later sold another 2,399 shares under a trading plan on October 20 at $339.62 per share totaling $814,748.38. Chief Financial Officer Kevan Parekh sold 1,392 shares on October 16 valued at $480,315. Officer Ben Borders sold 1,280 shares on October 16 worth $442,108.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through October. Morgan Stanley maintained an Overweight rating with a $355 price target on October 1. Needham reiterated a Hold rating on October 1. JP Morgan maintained an Overweight rating while raising its price target to $360 on October 12. MoffettNathanson maintained a Neutral rating and adjusted its target to $283 on October 20. Loop Capital downgraded the stock to Hold with a $330 price target on October 20. Overall, the stock holds a consensus buy recommendation from 39 analysts with a mean price target of $328.35.

About Apple

Apple Inc. designs and markets consumer electronics, personal computers, and mobile communication devices. Its key hardware lines include the iPhone, Mac computers, and iPad models, alongside wearable accessories like AirPods, Apple Watch, and the Vision Pro headset. The company operates a vast ecosystem of digital services and software to support its global hardware user base.

Bottom Line

AMF Tjanstepension's latest adjustment reflects routine portfolio management by the institutional fund. Market participants will watch for Apple's upcoming earnings release on November 2, 2026, for further updates on hardware demand and profit margins.