Fidelity Large Cap Growth Enhanced Index Fund
Fidelity Commonwealth Trust II
Expense ratio
Net assets1
$2.37B
Holdings1
106
Category
US Equity
Return

Investment objective & strategy

As of Oct. 25, 2022 · prospectus

Objective. Fidelity Large Cap Growth Enhanced Index Fund seeks capital appreciation.

Strategy. Normally investing at least 80% of assets in common stocks included in the Russell 1000 Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell 1000 Growth Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund. Normally investing at least 80% of assets in common stocks included in the Russell 1000 Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell 1000 Growth Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund.

Top holdings

As of Aug. 31, 2023 · N-PORT
SecurityTickerValue% of fund
APPLE INC $311.09M 13.11%
MICROSOFT CORP $249.38M 10.51%
NVIDIA CORP $127.95M 5.39%
AMAZON.COM INC $125.66M 5.29%
TESLA INC $88.93M 3.75%
ALPHABET INC CL C $88.65M 3.73%
ALPHABET INC CL A $86.45M 3.64%
META PLATFORMS INC CL A $81.48M 3.43%
LILLY ELI and CO $57.86M 2.44%
BROADCOM INC $53.46M 2.25%
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Allocation by sector

As of August 31, 2023 · N-PORT
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Portfolio moves

May 31, 2023 → Aug 31, 2023
Opened
20
Exited
65
Increased
40
Decreased
42
Unchanged
4

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.

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Footnotes

  1. Net assets and holdings count as of August 31, 2023, from the fund's N-PORT filing.

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