Jake Mann (Seeking Alpha) – The subject of Apple (AAPL)’s so-called “secret” hedge fund has gained quite a bit of steam in recent months. At Insider Monkey, we originally covered how Braeburn Capital, an asset manager in Nevada, was managing Apple’s cash hoard at the end of its 2012 fiscal year.
Shortly thereafter, we expanded this analysis to Seeking Alpha, and discussed issues like asset allocation, yearly growth rates, and how much cash the company actually had on hand for a dividend boost. For those needing a refresher course, we encourage you to check out our previous two analyses of Apple’s enormous cash position.
This time around, we’re going to update this data to include Cupertino’s latest 10-Q for its FY2013 first quarter. Gaining a better understanding of how Apple’s investable cash is positioned will not allow us to foretell the future, but it is an important indicator to track.