Fidelity Aggressive Growth Cuts Tech

When Fidelity talks, people listen, so when the nation’s biggest mutual fund company released its March monthly report yesterday, newshounds were quick to analyze changes to its holdings.

The $4 billion Fidelity Aggressive Growth fund pared back its technology holdings while increasing its health care equipment and supplies stocks to 24.2%, Reuters reports. Consumer stocks now are the fund’s second-biggest holding, and information technology comes in at third.