Grace & Mercy Foundation Trims Apple Stake

Institutional investor reduces position in tech giant by 3.8% in Q3

Mar. 17, 2026 at 11:20am

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Grace & Mercy Foundation Inc., an institutional investor, decreased its position in Apple Inc. (NASDAQ:AAPL) by 3.8% in the third quarter. The foundation now holds 50,300 shares of the iPhone maker's stock, valued at $12.8 million at the end of the quarter.

Why it matters

Apple is one of the most widely held stocks among institutional investors, so changes in major shareholders' positions can provide insights into market sentiment around the company.

The details

Grace & Mercy Foundation sold 2,000 Apple shares during the third quarter, reducing its total position to 50,300 shares. Apple accounts for 2.7% of the foundation's overall holdings, making it the 11th largest position in its portfolio.

  • The share sale occurred in the third quarter of 2026.

The players

Grace & Mercy Foundation Inc.

An institutional investor that decreased its position in Apple Inc. by 3.8% in the third quarter.

Apple Inc.

A multinational technology company headquartered in Cupertino, California, known for its consumer electronics, software and services.

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The takeaway

While the 3.8% reduction in Grace & Mercy Foundation's Apple stake is relatively small, it could signal a broader shift in institutional investor sentiment around the tech giant as it faces increased competition and macroeconomic headwinds.