And he notes that the company will have a cash hoard as a result of its deal with Vivendi, to make new acquisitions.

Apparently Anderson and the committee thought they'd find a huge cash hoard in the footlocker.

The fund's cash hoard hit 35 percent at the end of January.

Its cash hoard at the end of the quarter was $46 billion, up $2.8 billion.

Its cash hoard is 7.5 percent of assets, roughly the average for stock funds.

Apple has also increased its cash hoard to $4.52 billion.

Now they have a use for Apple's cash hoard: Disney.

Still, the price will hardly make a dent in the No. 2 auto maker's $10 billion cash hoard.

At times, the fund's cash hoard has risen to more than 15 percent.

At the end of the third quarter, Chrysler's cash hoard had reached $8.7 billion.