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It is curious as to why Fidelity is owning X shares. Is this on behalf of some sort of Fidelity mutual fund that invests in private companies? Or is some sort
by somethoughts 3y ago
It is curious as to why Fidelity is owning X shares. Is this on behalf of some sort of Fidelity mutual fund that invests in private companies? Or is some sort of alternative investment fund targeted at accredited investors only?
Or do they invest the Fidelity customer cash balances in some sort of David Swenson style diversified portfolio?
- troydavis 3y agoThe holding is within the Fidelity Blue Chip Growth Fund (FBGRX), an actively-managed growth equity mutual fund.