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Fidelity Contrafund Sells Energy Stocks, Buys Southwest, FedEx
FYI: Fidelity's $111 billion Contrafund sold shares of energy companies Noble Energy and Continental Resources in November while boosting exposure to Southwest Airlines and FedEx Corp, according to the fund's latest holdings disclosure. Regards, Ted http://www.reuters.com/assets/print?aid=USL1N0UD0RV20141229
Seems to me sales and buys are after the horse has left the barn. The issue is just when the changes were made, since funds usually delay the disclosures as long as possible.
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