FSFOX
Fidelity Focused Stock Fund
Fidelity Capital Trust
Expense ratio1
0.61%
Net assets2
$4.21B
Holdings2
42
Category
US Equity
2025 return3
14.13%

Investment objective & strategy

As of Dec. 29, 2025 · prospectus

Objective. Fidelity Focused Stock Fund seeks capital growth.

Strategy. Normally investing at least 80% of assets in stocks. Stocks are a type of equity security that represent an ownership interest in an issuer. Stocks include common stocks (including depositary receipts evidencing ownership of common stock) and preferred stocks. 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. Normally investing in 30-80 stocks. 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 … Normally investing at least 80% of assets in stocks. Stocks are a type of equity security that represent an ownership interest in an issuer. Stocks include common stocks (including depositary receipts evidencing ownership of common stock) and preferred stocks. 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. Normally investing in 30-80 stocks. 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
SecurityTickerValue% of fund
ALPHABET INC CL A $431.29M 10.25%
NVIDIA CORP $375.95M 8.93%
AMAZON.COM INC $279.48M 6.64%
WESTERN DIGITAL CORP $215.45M 5.12%
TAIWAN SEMIC MFG CO LTD SP ADR $212.22M 5.04%
BANK OF NEW YORK MELLON CORP $206.38M 4.90%
LILLY ELI and CO $200.17M 4.76%
APPLE INC $187.09M 4.44%
TEMPUR SEALY INTERNATIONAL INC $146.89M 3.49%
META PLATFORMS INC CL A $145.45M 3.46%
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
13
Exited
10
Increased
11
Decreased
18
Unchanged
0

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 Worldwide Fund · FWWFX, FWAFX, FWCFX, FWTFX, FWIFX, FIQOX 64% 0.69%
NVIT Fidelity Institutional AM Worldwide Fund 51% 0.80%
PGIM Jennison Focused Growth ETF · PJFG 49% 0.75%
View all similar funds →

Advisers

As of October 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 December 29, 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).

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