Fidelity Owns Whopping 15.5% of Google

FMR Corp., the parent of No. 1 mutual fund company Fidelity Investments, owns 15.5% of Google’s stock, Reuters reports.

In its filing with the Securities and Exchange Commission, FMR said that as of Aug. 31, it held more than 5.2 million Class A common stocks of Google, which went public last month.

Google’s shares, as of Monday at noon, were worth $107.72 each, up $2.39 from Friday’s closing price. FMR’s filing was "passive," meaning it did not have to report when the shares were acquired or for how much.

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