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American Funds Cut Amazon, Alphabet Last Quarter; Fidelity Pared Back On Gilead

FYI:Market watchers love to fixate on the portfolio changes of legendary hedge fund managers.

But what about big fund shops that manage retirement money for loads more people? Todd Rosenbluth, director of mutual fund research at S&P Global Market Intelligence, scoured the changes made at American Funds and Fidelity Investments in the fourth quarter.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/02/24/american-funds-cut-amazon-alphabet-last-quarter-fidelity-pared-back-on-gilead/tab/print/
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