Polen Capital Management released its second quarter 2025 investor letter, reporting a 9.36% return for its Polen Focus Growth Strategy. The strategy outperformed the Russell 1000 Growth Index and the S&P 500 Index. Apple Inc. was highlighted as a top holding, with a 5.45% one-month return and a market capitalization of $3.174 trillion. However, Polen Capital eliminated its position in Apple due to delayed product launches and tariff concerns. UBS maintains a $210 target on Apple, emphasizing China’s importance in the supply chain. Despite Apple’s popularity among hedge funds, some believe other AI stocks offer better potential.

Read more at Yahoo Finance: Polen Focus Growth Strategy Exited Apple (AAPL) in Q2. Here’s Why