Fidelity triples Strategy stake in third quarter

Fidelity roughly tripled the value of its Strategy holdings in the third quarter, according to the firm’s third-quarter 13F filing with the U.S. SEC. The filing shows Fidelity’s Strategy stake was valued at $156 million as of the end of the third quarter, up from $38.2 million at the end of the second quarter. Meanwhile, Amundi, Europe’s largest asset manager, also increased its Strategy holdings by 43.7% in the third quarter.