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Given that the company hasn't even celebrated its second anniversary as a public company, we were pretty surprised yesterday when we saw that as of June 30th, Google (GOOG) is now Fidelity Investments' largest holding. The reign at the top, however, didn't last long. Based on today's prices, GOOG is now their fifth largest holding.
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Listed below are links to weblogs that reference What a Difference Six Weeks Makes: Fidelity's GOOG Position:
» Google: Fidelitys Largest Position. Or At Least It Was. from Tech Trader Daily
The Ticker Sense blog from Birinyi Associates notes that Google (GOOG) was the single largest holding at Fidelity Investments as of June 30.
They then go on to note that if you assume the position sizes are the same, but you use yesterdays s... [Read More]
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