Here’s How Apple (AAPL) Contributed to Macquarie Core Equity Fund’s Performance

Core Insights - Macquarie Asset Management's "Macquarie Core Equity Fund" reported a strong performance in Q2 2025, with the Institutional Class returning 11.94%, outperforming the S&P 500 Index which rose by 10.94% [1] - The equity market's strength was attributed to reduced concerns over potential tariffs from the Trump administration, which paused tariff implementation [1] Fund Performance - The fund's relative performance was primarily driven by sector selection (80%), with individual security selection contributing the remaining 20% [1] - The fund's top five holdings were highlighted as key picks for 2025 [1] Apple Inc. Analysis - Apple Inc. (NASDAQ:AAPL) experienced a decline in Q2 2025, underperforming the S&P 500, but contributed positively to the fund's relative performance due to an underweight position, approximately 50% lower than the benchmark weight [3] - Apple Inc. reported a revenue of $94 billion for the June quarter, reflecting a 10% year-over-year increase [4] - Despite its strong attributes and repurchase intent, Apple is struggling to grow at historical rates due to the maturation of key products [3] Hedge Fund Interest - Apple Inc. ranked 8th among the 30 Most Popular Stocks Among Hedge Funds, with 156 hedge fund portfolios holding the stock at the end of Q2 2025, a slight decrease from 159 in the previous quarter [4]