As Amazon parties on, some large fund managers take their leave

April 23, 2015 admin 67th, been-climbing, cash-branching, greatest-number, online-fashion, own-smartphone, pascale, price-growth, the-appearance, the-world, thomson-reuters, time, woody-allen

The average large-cap fund that holds Amazon has 1.4 percent of its assets in the stock, down 23 percent from this time last year, according to the latest available Lipper data. They include such well-known names as Fidelity Contrafund, Washington Mutual Investors Fund, Touchstone Sands Select Growth fund and the T.

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As Amazon parties on, some large fund managers take their leave