Portfolio update: Fidelity Investments
One in a series of portfolio updates from Boston's largest money management firms based on reports filed with the Securities and Exchange Commission this week.
Fidelity Investments still loves Google Inc. Fidelity reports Google as the largest single stock holding across all its mutual funds and other investments, as of June 30. Fidelity is Google's single-largest shareholder with a 10.6 percent interest in the company, worth $12.8 billion.
Other stocks among Fidelity's top 10 were: AT&T Inc. ($11.9 billion), AIG Inc. ($9.9 billion), Exxon Mobil Corp. ($9.8 billion), Petroleo Brasileiro S.A. ($8 billion), Schlumberger Ltd. ($7.3 billion), Apple Inc. ($6.7 billion), Bank of America Corp. ($6.5 billion), General Electric Co. ($6.4 billion) and Hewlett-Packard Co. ($5.9 billion).
Among the top 10 list, Petroleo Brasileiro was the big climber. Fidelity, which owns 132 million shares, bought 102.5 million of them during the second quarter.
You can read Fidelity's complete second-quarter report HERE. Fidelity's filing for the previous quarter is available HERE.
