Fidelity Contrafund
Actively managed U.S. stock fund
Fidelity Contrafund seeks capital appreciation.
The fund invests primarily in common stocks of companies whose intrinsic value the manager believes is not fully recognized by the public, using fundamental analysis of financial condition, industry position, and market conditions to identify opportunities. The fund may invest in both domestic and foreign issuers and may hold either growth or value stocks. Because returns depend on the manager's security selection, the fund's performance will diverge from broad market benchmarks.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 9.34% | $16.82B | 84.0M | $200.09 |
6.96% | $12.53B | 22.2M | $563.29 | |
SPACE EXPLORATION TECHNOLOGIES CORP | 6.95% | $12.51B | 73.2M | $170.86 |
AMZNAMAZON.COM INC | 5.75% | $10.34B | 43.4M | $238.34 |
GOOGLALPHABET INC | 4.24% | $7.63B | 21.4M | $357.37 |
2.75% | $4.94B | 6.6K | $748,850.00 | |
AAPLAPPLE INC | 2.68% | $4.83B | 16.7M | $289.36 |
GOOGALPHABET INC | 2.60% | $4.68B | 13.3M | $353.33 |
AVGOBROADCOM INC | 2.19% | $3.93B | 10.4M | $377.75 |
MSFTMICROSOFT CORP | 2.16% | $3.88B | 10.4M | $373.02 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 441 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.46% |
| Cash & short-term | 1.83% |
| Bonds | 0.00% |
By sector
- Information Technology
- 25.1%
- Communication Services
- 15.0%
- Financials
- 9.8%
- Consumer Discretionary
- 9.0%
- 10 other sectors
- 41.1%
- Information Technology
- 25.1%
- Communication Services
- 15.0%
- Financials
- 9.8%
- Consumer Discretionary
- 9.0%
- Other
- 8.8%
- International
- 8.4%
- Health Care
- 8.3%
- Industrials
- 7.0%
- Consumer Staples
- 3.0%
- Energy
- 2.5%
- Cash
- 1.8%
- Materials
- 1.1%
- Real Estate
- 0.1%
- Utilities
- 0.0%
How it has done
FCNTX share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.24%. Past returns are a record, not a forecast.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.74% | +31.13% | +108.75% | +95.48% | -8.98% | |
| 0.67% | +31.21% | +109.21% | +96.20% | -9.00% |
These classes hold the same portfolio, so the 0.72pp spread over 5 years is the cost difference between them — roughly 0.14pp a year — not a difference in what they own.
Fees & fund details
Fidelity Contrafund is an actively managed U.S. equity fund. 27% of FCNTX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 82% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.67% – 0.74%· FCNTX 0.74%
- Portfolio turnover
- 29.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
76 new· the largest 8
63 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 65.5% |
| Floating rate | 34.5% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 65.5% |
| 1-3y | 34.5% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FCNTX, QQQ and the fund in my 401(k)?”
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