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Non-Tech : APCO Automobile Protection Company
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To: Mel Spivak who wrote (1559)3/12/1998 8:37:00 PM
From: Karl Drobnic  Read Replies (1) of 3351
 
Institutional ownership: I researched APCO last Nov. for a story I wrote on the company. At that time, FMR (Fidelity) owned 558,900, Dimensional Fund 481,102, and Virtus Capital owned 410,576. About ten other funds owned lesser amounts. Institutions owned about 12%, insiders owned 20%. The strong uptrend since Nov. suggests that there has been further institutional accumulation since then. This looks much more like positions being accumulated rather than short-term trading.
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