Fidelity Investments and Wellington Management both increased their technology holdings in the first quarter, Bloomberg reports, citing regulatory filings. Altogether, Fidelity’s portfolios have a 20% exposure to information technology companies and 4.7% invested in telecommunication services companies.

Adding 2.9 million shares of Apple to its funds, Fidelity held 58 million shares representing 6.7% of outstanding shares as of the end of the first quarter. Wellington bought an additional 20 million shares, putting its stake at 2.3%.

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