You mean in LaunchPad? I have Quicktime Player 7 (the old version) and Airport Utility both in a new Utilities folder that I did not make, so I assume Mountain Lion did this.
If you mean in Launchpad then yes. All the apps that were in the Utilities folder before the upgrade from Lion were put in a new folder, I forgot the name. I move everything back to Utilities and deleted the new folder. All my other icons were moved around also.