Which Hedge Fund Did $1 Billion In Trades Every Working Day In 2012?

We know Apple has been doing quite a few things around managing its Cash and taxes overall - but this one data point came as a surprise to us - Braeburn Capital, of which AAPL is a holding company, did some 250 billion dollars in trade in the year 2012 alone - and some 600 billion dollars in the last four years - that kind of trade volume is higher than some 99 percent of the hedge funds! (Source)

How do we digest this number? Thats the whole point, we cannot digest this - but here is an attempt - this sort of volume has a lot of implications from trading commissions going to banks that also give buy/sell recommendations for AAPL stock etc - lots of conflicts of interest overall. Managing Money is always difficult. And when you have almost 140 billion dollars to manage, it gets tricky for sure.