Fidelity Magellan Fund
Fidelity Magellan Fund · Series S000007112 · 7 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2026 Q2
Fidelity Magellan Fund seeks capital appreciation.
The fund invests primarily in common stocks of domestic and foreign companies selected through fundamental analysis of financial condition, industry position, and market conditions, with no constraint to either growth or value style. Because security selection depends on the manager's analysis rather than an index or systematic rule, performance will diverge from any benchmark.
| Share class | Expense ratio |
|---|---|
| FMAGX | 0.64% |
| FMGKX | 0.57% |
| FMASX | 0.57% |
| FMAOX | 0.68% |
| FMAEX | 0.93% |
| FMAJX | 1.18% |
| FMANX | 1.68% |
Portfolio turnover 54.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 99.39% |
| Cash & short-term | 0.61% |
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
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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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| NVDA | NVIDIA CORPNVDA | 10.66% | $3.52B | 20.2M |
| MSFT | MICROSOFT CORPMSFT | 7.13% | $2.36B | 6.4M |
| AMZN | AMAZON.COM INCAMZN | 5.77% | $1.91B | 9.2M |
| AVGO | BROADCOM INCAVGO | 4.77% | $1.58B | 5.1M |
| META | META PLATFORMS INCMETA | 3.99% | $1.32B | 2.3M |
| JPM | JPMORGAN CHASE and COJPM | 2.51% | $828.59M | 2.8M |
| TSM | TAIWAN SEMICONDUCTOR MFG CO LTDTSM | 2.22% | $734.50M | 2.2M |
| NFLX | NETFLIX INCNFLX | 2.07% | $683.49M | 7.1M |
| V | VISA INCV | 2.02% | $669.20M | 2.2M |
| KLAC | KLA CORPKLAC | 1.98% | $653.16M | 443.6K |
Top 10 positions are 43.11% of net assets, top 25 67.57%, across 52 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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