Apple Inc. (AAPL), Verizon Communications Inc. (VZ), Comcast Corporation (CMCSA): Top 3 Stock Holdings of Sawgrass Asset Management LLC

Sawgrass Asset Management LLC is an employee owned investment advisor, providing growth equity and fixed income management services to institutional investors. The company has vested interest on the long term success of its clients thus seeking investment opportunities that have long time stability. Sawgrass Asset Management LLC submitted its third quarter SEC 13F Filings on November 4, 2014. The filing is for the period ended September 30, 2014, and indicates that the firm’s top 3 investments are Apple Inc. (NASDAQ:AAPL), Verizon Communications Inc. (NYSE:VZ), and Comcast Corporation (NASDAQ:CMCSA).

Apple Inc. (NASDAQ:AAPL) emerged top of the holdings with an investment worth $83.8 million. Apple Inc. (NASDAQ:AAPL) is the maker of high end gadgets such as iPhones, iPads, iMacs, just to mention a few. The stock has performed well since it introduced a number of products this year. Apple Inc. (NASDAQ:AAPL) second quarter results showed an improvement over what the company registered last year. The company’s products such as are currently facing a threat from a malicious bug that’s attacking OS X operating system.

Apple (AAPL)

Verizon Communications Inc. (NYSE:VZ) came out as the second largest investment of Sawgrass Asset Management LLC, representing $74.9 million for the third quarter. Verizon Communications Inc. (NYSE:VZ) is an American telecommunications company that offers wire line and data services, wireless communications services, internet connection services, and a few other related services. The company has been able to weather the storm as its competitors slice prices in a bid to expand their market share. The top three institutional shareholders of Verizon Communications Inc. (NYSE:VZ) are Vanguard Group, Inc., State Street Corp, and Capital Research Global Investors.

Comcast Corporation (NASDAQ:CMCSA) was the third biggest investment of the firm with investment totaling to $73.2 million in value. This is a global media and technology company. Comcast Corporation (NASDAQ:CMCSA) offers video streaming, internet services, television programming, and communication services. The company announced a partnership with Walgreens that will see it expand its reach to about 300 Walgreens Pharmacy stores located in South Florida. Comcast Corporation (NASDAQ:CMCSA) has several subsidiaries, including Comcast SportsNet, Universal Studios, NBCUniversal, Universal Orlando, and Comcast Spectacor.

This article has been written by Victor Ochieng.

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