Fidelity Advisor New Insights Fund

Fidelity Contrafund · Series S000006036 · 5 share classes

Equity fund · 98% stocks
One fund, 5 share classes:FNIAXFNICXFNITXFINSXFZANX
$23.49B NAV
454 positions · as of 2026-03-31 · filed 2026-05-26
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Advisor New Insights Fund seeks capital appreciation.

Strategy · summarised

The fund invests primarily in common stocks of domestic and foreign companies that the manager believes are undervalued by the market, using fundamental analysis of financial condition, industry position, and economic conditions to identify opportunities. The fund may hold either growth or value stocks or both. Because security selection depends on the manager's analysis and judgment, fund holdings and performance will differ from any benchmark.

Expenses
0.70% 1.82%across 5 share classes
Share classExpense ratio
FNIAX1.07%
FNICX1.82%
FNITX1.32%
FINSX0.82%
FZANX0.70%

Portfolio turnover 32.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.49%
of net assets
Stocks98.03%
Cash & short-term2.46%
Bonds0.00%

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 68 new75 exited

Largest new: COP, IR, CVX, ODFL, GSK PLC, ASML HOLDING NV, CANVA INC, MRNA

Largest exited: TDG, TMUS, CANVA AUSTRALIA HOLDINGS PTY LTD, B2GOLD CORPORATION, AR, X.AI HOLDINGS CORP ×2, CYBER-ARK SOFTWARE LTD (ISRAEL)

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31

Avg coupon
0.15%
Avg maturity
0.75 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA9.49%$2.23B
META PLATFORMS INCMETA9.11%$2.14B
ALPHABET INCGOOGL7.47%$1.75B
AMAZON.COM INCAMZN4.54%$1.07B
BERKSHIRE HATHAWAY INC DELBRK/A4.07%$956.56M
MICROSOFT CORPMSFT3.54%$831.75M
SPACE EXPLORATION TECHNOLOGIES CORP3.26%$764.89M
NETFLIX INCNFLX2.52%$592.90M
Fidelity Revere Street Trust2.00%$471.07M
ELI LILLY and COLLY1.62%$380.42M
Showing 10 of 454Sign in to see more

Top 10 positions are 47.63% of net assets, top 25 63.11%, across 419 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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