Fidelity Small Cap Value Fund
Fidelity Securities Fund · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Small Cap Value Fund is an actively managed U.S. equity fund. 25% of FCPVX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 83% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
Fidelity Small Cap Value Fund seeks capital appreciation.
The fund invests primarily in common stocks of small-capitalization companies that the adviser believes are undervalued relative to assets, earnings, cash flow, or peer valuations, using measures such as free cash flow yield, enterprise value-to-earnings, price-to-book, and projected price-to-earnings ratios. At least 80% of assets are normally held in value stocks with market capitalizations similar to those in the Russell 2000 Index or S&P SmallCap 600 Index. The fund may invest in both domestic and foreign issuers and may use derivatives for exposure to these investments.
| Share class | Expense ratio |
|---|---|
| FCPVX | 0.91% |
| FCVAX | 1.20% |
| FCVCX | 1.95% |
| FCVTX | 1.45% |
| FCVIX | 0.95% |
| FIKNX | 0.84% |
Portfolio turnover 96.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.70% |
| Cash & short-term | 2.60% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 18.8% |
| Industrials | 16.8% |
| Information Technology | 13.0% |
| Consumer Discretionary | 9.5% |
| 10 smaller | 42.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +38.40% | +60.57% | +49.20% | 17.44% | -15.92% | |
| +37.88% | -56.75% | -90.35% | 17.41% | -68.63% | |
| +36.85% | +25.68% | -9.54% | 17.46% | -18.71% | |
| +37.60% | -27.85% | -71.77% | 17.46% | -47.91% | |
| +38.26% | +60.44% | +49.10% | 17.39% | -15.93% | |
| +38.42% | +60.96% | +49.99% | 17.40% | -15.87% |
These classes hold the same portfolio, so the 140.34pp spread over 5 years is the cost difference between them — roughly 28.07pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| MXL | MAXLINEAR INCMXL | 3.60% | $70.75 | $183.58M | 2.6M |
| ONB | OLD NATIONAL BANCORP (IND)ONB | 2.34% | $23.97 | $119.43M | 5.0M |
| — | Fidelity Revere Street Trust | 2.27% | — | $115.69M | — |
| BELFB | BEL FUSE INCBELFB | 1.93% | $275.84 | $98.24M | 356.1K |
| — | The BANK OF NT BUTTERFIELD and SON LTD | 1.92% | $55.45 | $97.59M | 1.8M |
| TEX | TEREX CORPTEX | 1.86% | $62.20 | $94.75M | 1.5M |
| PRI | PRIMERICA INCPRI | 1.83% | $281.27 | $93.55M | 332.6K |
| SANM | SANMINA CORPSANM | 1.81% | $217.82 | $92.39M | 424.1K |
| DXPE | DXP ENTERPRISES INCDXPE | 1.80% | $170.75 | $91.61M | 536.5K |
| CESDF | CES ENERGY SOLUTIONS CORPCESDF | 1.79% | $14.24 | $91.22M | 6.4M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 21.15% of net assets, top 25 43.93%, across 112 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.
Sign in free