Source:Brokerage China. Original title: 'Crazy! Soaring by 50%!'

On August 15, it was revealed by the latest holdings report that Bank of America increased its shareholding by over 41 million shares in the second quarter, with a total number of 122.65 million shares at the end of the second quarter, which is a 50% increase compared to 81.59 million shares held at the end of the first quarter. In addition, Bank of America also increased its shareholding in technology companies. $Apple (AAPL.US)$ The hedge fund not only saw Bank of America adding stocks, it also saw Hedge funds adding stocks with two companies. According to the analysis of 13F data by the media in the past three months ending in the end of June, the market value of Apple has grown the most, with its stock price rising nearly 25% during this period, attracting a net purchase of over 8.5 million shares from hedge funds. Among them, Third Point, a Wall Street hedge fund magnate Dan Loeb, established 11 new stocks in the second quarter, including Apple.

According to information disclosed by the Securities and Exchange Commission (SEC), Bank of America submitted its second-quarter holdings report (Form 13F) as of June 30, 2024. The report shows that among the top ten holdings of Bank of America, Microsoft ranks first. At the end of the second quarter, Bank of America held 68.91 million shares of Microsoft, with a market value of about 30.8 billion US dollars, an increase of 1.82% compared with the end of the previous quarter when it held 67.68 million shares.$NVIDIA (NVDA.US)$,$Amazon (AMZN.US)$and$Alphabet-C (GOOG.US)$N/A.$Microsoft (MSFT.US)$At the end of the second quarter, Apple rose to become Bank of America's second-largest heavy stock, with a shareholding of 0.123 billion shares and a market value of approximately 25.8 billion US dollars. Compared with the shareholding of 81.59 million shares in the previous quarter, the growth rate is 50.33%.

Let's take a look at the detailed report!

Bank of America also increased its holdings of Nvidia. At the end of the second quarter, Nvidia was Bank of America's third-largest heavy stock, with a shareholding of approximately 0.206 billion shares and a market value of approximately 25.44 billion US dollars, which is 8.75% higher than the end of the previous quarter.

Bank of America also added holdings in Amazon and Google. At the end of the second quarter, Bank of America held 83.58 million shares of Amazon, a significant increase of 76.67% compared to the first quarter, with a market value of 16.15 billion US dollars. At the end of the first quarter, Bank of America's shareholding in Amazon was 47.31 million shares, worth 8.5 billion US dollars at the time. In the second quarter, Bank of America increased its holdings in Google by 9.82 million shares, with a shareholding of 73.17 million shares and a market value of 13.327 billion US dollars.

The total holdings of these hedge funds at the end of the second quarter were 443.46 billion US dollars, compared with 427.22 billion US dollars at the end of the first quarter. The analysis shows that technology stocks have the highest weight in hedge fund portfolios, accounting for 27%. The second is non-essential consumer stocks, accounting for 16%.

In terms of industries, the telecommunications industry has the largest investment scale and the largest increase is in the technology industry. In addition, Temasek has invested 3.3 billion US dollars to purchase the shares of 11 leading US technology companies, including Microsoft, Apple, Nvidia, Google, Meta and Amazon.

It is worth noting that Warren Buffett has greatly reduced his holdings of Apple in the second quarter. According to the Securities and Exchange Commission (SEC), Buffett's Berkshire sold nearly 400 million Apple shares in the second quarter, reducing its holdings to about 0.39 billion shares from 0.789 billion shares in the first quarter, which is a 50% decrease.

On August 15, it was reported that Apple is advancing its desktop robot project. The desktop robot will combine an iPad-like display with a manipulator. Sources revealed that the company currently has a team of hundreds of people developing this device.

In the second quarter, apart from Bank of America, hedge funds also eye on Apple. According to media analysis of Form 13F data in the last three months ending in June, Apple has the largest increase in market cap, and the stock price has skyrocketed nearly 25% during this period, attracting a net purchase of over 8.5 million shares from hedge funds.

Among them, Dan Loeb, the bigwig of Wall Street's hedge fund Third Point, established positions in 11 new stocks in the second quarter, including Apple,$ASML Holding (ASML.US)$,$Micron Technology (MU.US)$It's worth noting that Third Point established holdings in 11 new stocks in the second quarter, including Apple, ASML Holding, $Analog Devices Inc (APH.US)$, and more. Apple is its biggest buy-in symbol, with Third Point snapping up 1.95 million shares of Apple stock worth $410 million USD, accounting for 4.7% of its investment portfolio.

According to information disclosed by the Securities and Exchange Commission (SEC), Bank of America submitted its second-quarter holdings report (Form 13F) as of June 30, 2024.

This multi-billion dollar purchase highlights Temasek's increased investment in the United States: Temasek stated last month that the United States will be its largest destination for capital, with plans to invest 30 billion US dollars in the future five years.

In addition, hedge funds also targeted Apple in the second quarter. According to media analysis of 13F file data, Apple's market value increase was the highest in the past three months ending in June. During this period, its stock price rose by nearly 25%, attracting a total net purchase of over 8.5 million shares from hedge funds.

Furthermore, Hedge funds added stocks with two companies. Among them, Third Point, a large Wall Street hedge fund owned by Dan Loeb, established 11 new stock in the second quarter, including Apple.

On August 15th, it was reported that Apple is advancing its desktop robot project. The desktop robot will combine an iPad-like display with a manipulator. Sources revealed that the company currently has a team of hundreds of people developing this device.

Bloomberg reports that Apple is accelerating its desktop robot project and plans to launch this innovative device as early as 2026.

According to reports, Apple's desktop robot will be equipped with a large display screen similar to the iPad, supported by a thin mechanical arm that can tilt up and down and rotate 360 degrees. This device will integrate multiple functions such as smart home control center, video conference terminal, and home security monitoring.

Sources said that Apple is planning to launch this desktop robot in 2026 or 2027, with a target price of about $1,000. However, the specific launch time and price may be adjusted according to the research and development progress. The project was rumored to have been launched in 2022, but due to Apple's past focus on developing electric cars and investment of billions of dollars in car making, the so-called "desktop robot" has been in a state of being shelved without money or personnel until recently. It is reported that the project is led by Kevin Lynch, vice president of technology at Apple, who is responsible for Apple Watch and the now discontinued autonomous driving car project.

In recent years, technology companies have tried to enter the robot market, but with mixed results. For example, in 2021, Amazon launched the Astro robot, which is priced at $1,600 and is only available to invited users, aimed at helping care for the elderly, home security, and acting as a virtual assistant. However, Amazon did not mention the Astro robot at last year's annual device release conference.

However, in recent days, Apple has been making big moves. On August 14 local time, Apple announced that starting from the new operating system iOS 18.1, developers will be able to use the security component (SE) in the iPhone to provide NFC contactless data exchange function in iPhone application developed by developers themselves, without using Apple's payment and wallet platform Apple Pay and Apple Wallet.

In other words, Apple will start allowing third parties to use the payment chip in the iPhone to process transactions, which is equivalent to allowing banks and other service providers to compete with the Apple Pay platform. This move was announced after regulatory bodies, including the EU, applied pressure for many years. Previously, Apple had refused to open the chip to developers on security grounds. The new move will threaten the revenue Apple makes from Apple Pay transactions.

However, according to Apple's statement, Apple will still require developers to pay "relevant fees" to use the NFC chip and sign a "business agreement." Apple said that this will ensure that only" authorized developers who meet specific industry and regulatory requirements and commit to complying with Apple's existing security and privacy standards "can use the system.

Apple announced last Thursday that it will make major updates to its App Store policies in compliance with the EU's Digital Markets Act. The core of this change is that Apple will allow app developers in the EU region to promote and sell products within the app, rather than being limited to the Apple App Store. The new policy will take effect this fall and will provide developers with the possibility of promoting and selling products outside their ecosystem.

Editor/Emily