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Tiger Cub Coatue Boosts Stake in Apple

The hedge fund firm headed by Philippe Laffont also increased its position in Snap in the third quarter.

      Philippe Laffont, Coatue Management (photo credit:  Chris Goodney/Bloomberg) Philippe Laffont’s Coatue Management sharply increased its stake in Apple in the third quarter. The Tiger Cub’s hedge fund firm lifted its position by about 150 percent. As a result, the maker of the iPhone and iPad is now the tech-oriented hedge fund

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