Magnus Financial Group 13F: Adds $687K to Apple (AAPL) Stake
Key Points
- Magnus Financial Group boosted its Apple Inc. holdings by 2,062 shares to end with 139,696 shares valued at roughly $46.5 million in an October 21, 2026 filing.
- Apple Inc. reported trailing twelve-month revenue of $466.8 billion alongside earnings of $8.72 per share, with its next financial update scheduled for November 2, 2026.
- Wall Street maintains a consensus buy rating on the stock with a mean price target of $328.35 across 39 analyst opinions.
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Magnus Financial Group lifted its stake in Apple Inc. AAPL by 2,062 shares during the period, bringing its total ownership to 139,696 shares. According to a Form 13F filing with the SEC on October 21, 2026, the updated investment carried a value of approximately $46.5 million. The fund grew its position by 1.5% compared to the prior reporting period. Apple Inc. shares closed at $343.99 on the filing date.
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Magnus Financial Group vs. the S&P 500
Hypothetical returns from Magnus Financial Group's disclosed trades, not real profit or advice. How we model this.
What Changed in Magnus Financial Group's Apple Position
The fund added 2,062 shares to its holdings, pushing its total stake from 137,634 shares up to 139,696 shares. That change represented a 1.5% increase for the position. The reported value of the stake reached about $46.5 million at the time of the filing.
Other Institutional Activity in Apple
Other large funds adjusted their positions in Apple around the same time. PensionDanmark Pensionsforsikringsaktieselskab reduced its holdings by 54,487 shares, ending with 2,847,703 shares worth about $948.3 million. James Hambro & Partners grew its holdings by 2,310 shares, ending with 4,878 shares worth about $1.6 million. Annex Advisory Services lifted its stake by 91,508 shares to a total of 545,415 shares valued at roughly $181.6 million. ASR Vermogensbeheer N.V. increased its holdings by 83,048 shares, closing with 2,216,034 shares worth about $738.0 million. Concurrent Investment Advisors boosted its stake by 270,750 shares, ending with 1,404,218 shares valued at roughly $462.3 million.
Apple Inc. Stock Up 1.7%
Apple shares recently traded around $345.32 as of October 22, 2026, sitting just below their 52-week high of $348.15. The stock closed at $343.99 on October 21. Shares trade well above both their 50-day moving average of $327.70 and their 200-day moving average of $293.55.
Recent Earnings
Apple posted trailing twelve-month revenue of $466.8 billion and earnings of $8.72 per share. The consumer technology giant reported a net profit margin of 27.6% and a return on equity of 148.8%. The company is scheduled to release its next financial results on November 2, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
10 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 1.1%. Revenue missed estimates by 0.6%.
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Profit surprise
EBITDA beat by 2 percent. Operating income beat by 3 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
10 target raises.
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Earnings quality
Gross margin up 2.2 points. Operating margin up 1.2 points. Positive free cash flow.
Earnings Call Summary
Apple delivered its best-ever quarter with 143.8 billion dollars in revenue, up 16 percent. iPhone surged 23 percent to 85.3 billion dollars driven by strong customer demand for the iPhone 17 lineup and record upgraders in China and India. Services hit an all-time record of 30 billion dollars, up 14 percent, while the installed base reached 2.5 billion active devices. Management highlighted Apple Intelligence features resonating with users and expanded retail presence in India as growth drivers.
Guidance Apple expects March quarter revenue to grow 13 percent to 16 percent year over year, with services growing at a similar rate to December. Gross margin should land between 48 percent to 49 percent. The company faces iPhone supply constraints from advanced chip demand but remains confident in the business outlook.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Apple pays an annual dividend of $1.08 per share, which represents 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 made several stock transactions ahead of the filing. Officer and director Timothy D. Cook disposed of 191,753 shares on October 2, 2026, for a total value of $63.8 million. General counsel Jennifer Newstead sold 2,399 shares on October 6, 2026, at an average price of $332.01, totaling about $796,492. Senior vice president and CFO Kevan Parekh sold 1,392 shares under a planned trading program on October 16, 2026, at an average price of $345.05 for a total of $480,315. Principal accounting officer Ben Borders disposed of 1,280 shares under a pre-arranged plan on October 16, 2026, at an average price of $345.40, totaling about $442,108.
Analysts Set New Price Targets
Wall Street firms updated their views on the tech company recently. Morgan Stanley maintained an overweight rating with a target of $355.00 on October 1, 2026. Needham reiterated a hold rating on the same day. JP Morgan maintained an overweight rating on October 12, 2026, raising its target to $360.00 from $340.00. MoffettNathanson maintained a neutral rating on October 20, 2026, lowering its target to $283.00 from $304.00. Loop Capital downgraded the stock to a hold rating on October 20, 2026, setting a target of $330.00. The stock holds a consensus buy rating and a mean price target of $328.35 across 39 analyst opinions.
About Apple Inc.
Based in Cupertino, California, Apple designs, manufactures, and markets mobile communication devices, personal computers, and portable digital media players. The company sells popular product lines including the iPhone, Mac, and iPad, alongside a growing ecosystem of wearables and accessories such as AirPods, Apple Watch, and Vision Pro. Institutional interest remains high as the company prepares for its upcoming earnings release.
Bottom Line
Magnus Financial Group's added shares show steady institutional participation in Apple heading into late October. Investors will look toward the upcoming earnings report on November 2, 2026, for further updates on financial performance and product demand.
Related Filing Alerts
Source: Magnus Financial Group's 13F filing on $AAPL (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts