Spreadsheet of the week: Why Apple’s shares tanked in 2012

Because 13 of the 50 largest U.S. hedge funds were dumping their Apple holdings

FORTUNE -- Citigroup's Tobias Levkovich buried the lead when he reported Wednesday that Google (GOOG) had replaced Apple (AAPL) as the hedge funds' favorite stock in Q4 2012.

If you zoom in on his spreadsheet above (apologies for the bad reproduction) you'll see that Google made it...

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