VIP Technology Portfolio
Variable Insurance Products Fund IV
Expense ratio
Net assets1
$3.25B
Holdings1
74
Category
US Equity
Return

Investment objective & strategy

As of April 18, 2025 · prospectus

Objective. VIP Technology Portfolio seeks capital appreciation.

Strategy. Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. These companies may include, for example, manufacturers of communications equipment, products, and services, personal computers and other computer hardware components and peripherals; providers of information technology and systems integration services; companies developing and producing database management, home entertainment, educational, specialty, enterprise, and business software; manufacturers of electronic equipment, instruments or components, including copiers and faxes; semiconductor and related equipment manufacturers; and other information technology companies. For purposes of the fund's policy to normally invest at least 80% of its assets … Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. These companies may include, for example, manufacturers of communications equipment, products, and services, personal computers and other computer hardware components and peripherals; providers of information technology and systems integration services; companies developing and producing database management, home entertainment, educational, specialty, enterprise, and business software; manufacturers of electronic equipment, instruments or components, including copiers and faxes; semiconductor and related equipment manufacturers; and other information technology companies. For purposes of the fund's policy to normally invest at least 80% of its assets in securities of companies principally engaged in the business activity or activities identified for the fund, Fidelity may consider a company to be principally engaged in the designated business activity or activities based on: (i) the level of a company's assets, income, sales, or profits that are committed to, derived from, or related to the designated business activity or activities, or (ii) whether a third party has given the company an industry or sector classification consistent with the designated business activity or activities. Whether a company is principally engaged in the designated business activity or activities can be determined under any of these factors. 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 in domestic and foreign issuers. 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 March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $819.84M 25.24%
APPLE INC $409.78M 12.62%
MARVELL TECHNOLOGY INC $205.60M 6.33%
MICROSOFT CORP $175.58M 5.41%
NXP SEMICONDUCTORS NV $147.70M 4.55%
CISCO SYSTEMS INC $144.81M 4.46%
ON SEMICONDUCTOR CORP $141.08M 4.34%
GLOBALFOUNDRIES INC GFS $100.46M 3.09%
WESTERN DIGITAL CORP $87.18M 2.68%
MICRON TECHNOLOGY INC $62.28M 1.92%
View all holdings →

Allocation by sector

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

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
8
Exited
6
Increased
23
Decreased
13
Unchanged
31

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.
Technology Portfolio 93% 0.84%
Select Technology Portfolio · FSPTX, FFOJX, FFOQX, FFOTX, FFOMX, FFONX 91% 0.55%
Fidelity Advisor Technology Fund · FADTX, FTHCX, FATEX, FATIX, FIKHX 83% 0.55%
View all similar funds →

Advisers

As of December 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. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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