Hutchinson Capital Management disclosed a new stake in Apple, Inc. in a filing on March 31, 2019

May 23, 2019
Institutional Holdings Changes
Background Information
Hutchinson Capital Management Corp. typically invests in equities, investment companies, fixed-income and cash equivalent marketable securities for separately managed accounts. Their equity investment approach is characterized as a value style where they invest for the long-term in high quality companies which, in their view, are temporarily out of favor. The firm believes buying companies with depressed stock prices minimizes downside risk and improves the potential for achieving competitive returns. Most client accounts also include some exposure to fixed-income securities using a laddered approach to spread the maturities with the objectives to reduce volatility, provide diversification and generate income.