Friday, October 8, 2010

Wonder Why AAPL IS Over Valued?

Ten Biggest ETF Holders Of Apple Stock

According to ETFChannel.com’s Top ETF Components list, Apple (AAPL) is the single largest U.S. equity position of exchange-traded funds in the aggregate. ETFs hold approximately $9.7 billion of Apple stock, or about 3.7% of Apple’s market capitalization.

To put this in perspective, ETFs own about $4.5 billion of IBM (IBM), or only 2.6% of IBM’s market cap.

The PowerShares QQQ (QQQQ) is the largest ETF holder of Apple at about $4.3 billion, or nearly 20% of the total holdings of the ETF. The SPDR S&P 500 ETF (SPY) is next in line at about $2 billion of Apple.

Ten ETFs with the largest Apple holdings:

ETF
Ticker AAPL Weight AAPL Amount
PowerShares QQQ QQQQ 19.86% $4,434,713,483
S&P 500 SPDR ETF SPY 2.51% $2,035,363,452
iShares S&P 500 Index IVV 2.51% $579,985,161
Technology Select Sector SPDR XLK 11.75% $509,605,382
iShares Russell 1000 Growth Index IWF 4.38% $479,374,141
Vanguard Total Stock Market ETF VTI 2.12% $315,406,889
iShares S&P 500 Growth Index IVW 5.01% $257,232,748
Vanguard Growth ETF VUG 4.58% $200,791,091
iShares D.J. U.S. Technology Sector IYW 13.09% $161,920,325
Vanguard Information Technology VGT 10.44% $132,265,227