"Fidelity bought 104 million shares of Citigroup in the quarter ended Dec. 31, bringing its stake in the bank to 171 million shares, or 3.1 percent, according to data compiled by Bloomberg". "Based on Citigroupâs average stock price of $10.91 in the fourth quarter, Fidelityâs additional shares have lost about $874 million." http://www.bloomberg.com/apps/news?pid=20601087&sid=asmu2saPk9F4&refer=home Not so good for Fidelity mutual funds, eh?