“Portfolio manager Will Danoff, whose $92 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, cut the fund’s stake in the maker of the iPhone by 10 percent during the first two months of 2013,” Reuters reports.
“The Contrafund reported holding 10.43 million shares of Apple worth $4.6 billion at the end of February,” Reuters reports. “The fund owned 11.56 million Apple shares at the end of December.”
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