Will Danoff continues to trim Fidelity Contrafund's exposure to Apple (AAPL). The latest report...


Will Danoff continues to trim Fidelity Contrafund's exposure to Apple (AAPL). The latest report shows 7.7% of AUM in Apple on Dec. 31 vs more than 10% at the end of 2012 Q1. Still, a 7.7% stake is nearly double the 3.54% weighting Apple has in the S&P 500.
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Comments (1)
  • JUDOKA
    , contributor
    Comments (404) | Send Message
     
    This move is only prudent.Across the board growth funds have trimmed AAPL while value funds have increased their holdings in the stock.
    23 Jan 2013, 11:30 AM Reply Like
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