State Street could have two distinctly different paths after being battered by lawsuits related to subprime holdings. If one were to look to the holdings of Fidelity fund managers to try and read the company's tea leaves, both outcomes would appear. Reuters reports that that while Fidelity's Magellan fund had cut its State Street holdings by 86 percent in the month of January, the company's Contrafund, had raised its State Street stake to $174.3 million at the end of January from $771,400 at the end of December.  

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