Fidelity Growth Company Fund
Actively managed U.S. stock fund
Fidelity Growth Company Fund seeks capital appreciation.
The fund invests at least 80% of assets in common stocks of growth companies, which the adviser identifies through fundamental analysis using criteria such as above-median earnings or sales growth, elevated research and development spending relative to administrative costs, or capital-raising activity. The fund holds both domestic and foreign securities. Because security selection depends on the adviser's assessment of individual company growth potential, fund performance will diverge from any broad market benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 15.76% | $15.56B | 73.7M | $211.14 |
AAPLAPPLE INC | 7.56% | $7.47B | 23.9M | $312.06 |
MSFTMICROSOFT CORP | 5.94% | $5.86B | 13.0M | $450.24 |
AMZNAMAZON.COM INC | 5.30% | $5.23B | 19.3M | $270.64 |
GOOGLALPHABET INC | 4.43% | $4.38B | 11.5M | $380.34 |
SNDKSANDISK CORP | 3.89% | $3.84B | 2.3M | $1,694.98 |
CIENCIENA CORP | 3.76% | $3.71B | 6.4M | $580.23 |
GOOGALPHABET INC | 3.12% | $3.08B | 8.2M | $376.43 |
2.82% | $2.79B | 4.4M | $632.51 | |
AVGOBROADCOM INC | 2.29% | $2.26B | 5.1M | $446.77 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 649 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 | 99.74% |
| Cash & short-term | 0.46% |
| Bonds | 0.06% |
By sector
- Information Technology
- 51.3%
- Communication Services
- 11.8%
- Consumer Discretionary
- 9.9%
- Health Care
- 9.5%
- 9 other sectors
- 17.5%
- Information Technology
- 51.3%
- Communication Services
- 11.8%
- Consumer Discretionary
- 9.9%
- Health Care
- 9.5%
- Other
- 5.0%
- International
- 3.9%
- Industrials
- 2.7%
- Financials
- 2.6%
- Consumer Staples
- 2.0%
- Cash
- 0.5%
- Materials
- 0.4%
- Energy
- 0.3%
- Real Estate
- 0.1%
How it has done
FDGRX share class · total returns with dividends reinvested
Volatility over the last 12 months: 19.08%. Past returns are a record, not a forecast.
May 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.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.69% | +58.54% | +139.45% | +110.04% | -13.77% | |
| 0.62% | +58.61% | +139.82% | +110.53% | -13.75% |
These classes hold the same portfolio, so the 0.49pp spread over 5 years is the cost difference between them — roughly 0.10pp a year — not a difference in what they own.
Fees & fund details
Fidelity Growth Company Fund is an actively managed U.S. equity fund. 38% of FDGRX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.62% – 0.69%· FDGRX 0.69%
- Portfolio turnover
- 16.00% 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.
78 new· the largest 7
39 exited· the largest 7
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
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 | 64.4% |
| Floating rate | 35.6% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 79.8% |
| 1-3y | 15.6% |
| 10y+ | 4.5% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
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 — FDGRX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”