Investment objective & strategy
As of Dec. 29, 2025 · prospectusObjective. Fidelity Disciplined Equity Fund seeks capital growth.
Strategy. Normally investing at least 80% of assets in equity securities. Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Seeking to reduce … Normally investing at least 80% of assets in equity securities. Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Seeking to reduce the impact of industry weightings on the performance of the fund by considering each industry's weighting in the S&P 500 Index when allocating the fund's investments across industries. Investing in domestic and foreign issuers. Investing in either "growth" stocks or "value" stocks or both. Using quantitative analysis to evaluate growth potential, valuation, liquidity, and investment risk, along with fundamental analysis of factors such as each issuer's financial condition, its industry position, and market and economic conditions to select investments.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $212.84M | 9.67% |
| MICROSOFT CORP | — | $129.29M | 5.87% |
| AMAZON.COM INC | — | $112.53M | 5.11% |
| ALPHABET INC CL A | — | $98.90M | 4.49% |
| META PLATFORMS INC CL A | — | $87.90M | 3.99% |
| ALPHABET INC CL C | — | $80.70M | 3.67% |
| BROADCOM INC | — | $69.58M | 3.16% |
| LILLY ELI and CO | — | $56.94M | 2.59% |
| APPLE INC | — | $54.91M | 2.49% |
| GENERAL ELECTRIC CO | — | $50.89M | 2.31% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Schwab U.S. Large-Cap Growth ETF · SCHG | 58% | 0.04% |
| AST Large-Cap Growth Portfolio | 57% | 0.86% |
| iShares Morningstar Growth ETF · ILCG | 56% | 0.04% |
Advisers
| Firm | Role |
|---|---|
| FMR Investment Management (UK) Limited | Sub-adviser |
| Fidelity Management & Research (Japan) Limited | Sub-adviser |
| Fidelity Management & Research (Hong Kong) Limited | Sub-adviser |
| Fidelity Management & Research Company LLC | Adviser |
Footnotes
- Expense ratio as of December 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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