FDMLX
Fidelity Series Intrinsic Opportunities Fund
Fidelity Puritan Trust
Expense ratio1
0.00%
Net assets2
$2.95B
Holdings2
264
Category
US Equity
2025 return3
11.66%

Investment objective & strategy

As of Sept. 24, 2025 · prospectus

Objective. Fidelity Series Intrinsic Opportunities Fund seeks capital appreciation.

Strategy. Normally investing primarily in common stocks. Investing in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). Investing in domestic and foreign issuers. Focusing investments in "value" stocks, but also may invest in companies believed to have above-average growth potential (stocks of these companies are often called "growth" stocks). Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. Normally investing primarily in common stocks. Investing in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). Investing in domestic and foreign issuers. Focusing investments in "value" stocks, but also may invest in companies believed to have above-average growth potential (stocks of these companies are often called "growth" stocks). Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
Fidelity Cash Central Fund $78.61M 2.66%
WELLS FARGO & CO $46.58M 1.58%
Fidelity Securities Lending Cash Central Fund $37.28M 1.26%
PERFORMANCE FOOD GROUP CO $33.92M 1.15%
ELANCO ANIMAL HEALTH INC $33.37M 1.13%
GILEAD SCIENCES INC $32.82M 1.11%
DIAMONDBACK ENERGY INC $31.31M 1.06%
SILGAN HOLDINGS INC $30.85M 1.04%
TD SYNNEX CORP $29.26M 0.99%
STIFEL FINANCIAL CORP $28.88M 0.98%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
11
Exited
15
Increased
48
Decreased
50
Unchanged
155

How 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.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Fidelity Low-Priced Stock K6 Fund · FLKSX 72% 0.50%
Fidelity Low-Priced Stock Fund · FLPSX, FLPKX, FLPEX, FLPDX, FLPFX, FLPGX, FLPCX 71% 0.79%
Fidelity Fundamental Small-Mid Cap ETF · FFSM 29% 0.43%
View all similar funds →

Advisers

As of July 31, 2025 · N-CEN
FirmRole
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

  1. Expense ratio as of September 24, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
  3. 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).

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.