Investment giant Fidelity takes 10% stake in tanker owner DHT Holdings

One of the world's most famous long-only investment firms has taken a huge piece of tanker owner DHT Holdings, a new filing indicates.

Boston-based Fidelity Investments has revealed a position of 15.4m shares in VLCC player DHT Holdings in a securities filing Wednesday. The stake is worth $92m at today's share price of about $6.

The investment places Fidelity among DHT's largest shareholders.