This article first appeared on Floating Path.
At the end of 2013, Apple Inc. (NASDAQ:AAPL) held $159 billion in cash on its balance sheet. As U.S. Trust points out, they are not the only U.S. company with such an absurd amount of reserves building up.
Pfizer Inc. (NYSE:PFE)’s $49 billion is more than many entire nations hold, including the U.S., Hungary, Romania, and Australia.
Half Moon Capital Returns 12.2% In 2020 Despite Short Position Drag
Eric DeLamarter's Half Moon Capital produced a return of 8% net of fees in the fourth quarter of 2020, bringing the full-year return to 12.2%, according to a copy of its fourth-quarter letter, which ValueWalk has been able to review. The fund maintained an average net exposure of 45% during the period. Q4 2020 hedge Read More
The full list of the top 50 cash hoarders below, which includes 15 corporations and 35 nations.