Investment objective & strategy
As of Sept. 24, 2025 · prospectusObjective. Fidelity OTC K6 Portfolio seeks capital appreciation.
Strategy. Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities principally traded on NASDAQ or an over-the-counter (OTC) market . The Adviser defines NASDAQ and OTC securities as securities principally traded on either the NASDAQ exchange or the OTC market (a telephone or computer network that connects securities dealers), which may include equity or debt securities. These securities can be issued by companies of any size. However, the OTC market has more small and medium-sized companies than other markets. Effective December 11, 2025, 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 … Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities principally traded on NASDAQ or an over-the-counter (OTC) market . The Adviser defines NASDAQ and OTC securities as securities principally traded on either the NASDAQ exchange or the OTC market (a telephone or computer network that connects securities dealers), which may include equity or debt securities. These securities can be issued by companies of any size. However, the OTC market has more small and medium-sized companies than other markets. Effective December 11, 2025, 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. Investing more than 25% of total assets in the technology sector. Investing in domestic and foreign issuers. Investing in either "growth" stocks or "value" stocks or both. 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| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $428.91M | 14.87% |
| ALPHABET INC CL A | — | $322.12M | 11.16% |
| APPLE INC | — | $286.44M | 9.93% |
| MICROSOFT CORP | — | $228.41M | 7.92% |
| AMAZON.COM INC | — | $200.19M | 6.94% |
| META PLATFORMS INC CL A | — | $135.09M | 4.68% |
| ALPHABET INC CL C | — | $132.61M | 4.60% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $88.81M | 3.08% |
| BROADCOM INC | — | $81.34M | 2.82% |
| MICRON TECHNOLOGY INC | — | $48.79M | 1.69% |
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. |
|---|---|---|
| Fidelity OTC Portfolio · FOCPX, FOCKX, FOTJX, FOTGX, FOTDX, FOTEX, FOTHX | 95% | 0.65% |
| Fidelity Fundamental Large Cap Growth ETF · FFLG | 70% | 0.38% |
| Fidelity Series Blue Chip Growth Fund · FSBDX | 66% | 0.00% |
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 September 24, 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).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.