Apple's Highest Dollar Volume Day EVER

22 lug

I was pretty surprised to see that just a few weeks ago, on a random summer June day, over 51 billion dollars worth of Apple was traded.

That's 51 BILLION DOLLARS of Apple traded in just 24 hours.

After doing some research I also realized that this was a record for Apple. At no other point in history has this much Apple traded. This is hard to ignore for any large investor and it has me thinking the following:

1. What large investor exited this position?

2. By extension, which large investor bought the position?

3. There's no way this was just day trading volume, clearly there was a large change of hands and ownership.

4. For $51 billion worth of trading activity, it's also fascinating the stock barely moved during that transaction. Perhaps it was at an agreed upon price.

We all know Buffett has an outsized stake, as do others, is it possible one of them just exited? And who was the buyer? An ETF or Mutual Fund?

I'll be watching the filings closely going forward to see who this was and what it says about Apple's potential. If it turns out to be Buffett, and knowing his skillful investment approach, I do think that'll be a rather critical sign for Apple's future.