Select Semiconductors Portfolio

Fidelity Select Portfolios · Series S000007458 · 1 share classes

Equity fund · 98% stocks
One fund, 1 share classes:FSELX
$32.68B NAV
63 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

Semiconductors Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of companies principally engaged in designing, manufacturing, or selling semiconductors and semiconductor equipment, selected through fundamental analysis of financial condition, industry position, and market conditions. Because security selection depends on the manager's analysis rather than a fixed rule, fund holdings and performance may diverge from the semiconductor industry overall.

Expenses
0.60%one share class
Share classExpense ratio
FSELX0.60%

Portfolio turnover 87.00% · as of 2026 Q2

Allocation

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

100.06%
of net assets
Stocks98.44%
Cash & short-term1.61%
Bonds0.01%

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 12 new8 exited

Largest new: FRORE SYSTEMS INC, ARM HOLDINGS LIMITED, CEREBRAS SYSTEMS INC, TAALAS INC ×2, DENSITY AI INC, TENSTORRENT HOLDINGS INC, CELESTIAL AI INC

Largest exited: AMD, ADI, INTC, CELESTIAL AI INC ×4, WOLFSPEED INC

Return profile

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

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28

Avg coupon
0.15%
Avg maturity
0.84 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 CORPNVDA24.07%$7.87B
BROADCOM INCAVGO11.64%$3.80B
MARVELL TECHNOLOGY INCMRVL8.64%$2.83B
MICRON TECHNOLOGY INCMU7.02%$2.30B
NXP SEMICONDUCTORS NV6.30%$2.06B
MONOLITHIC POWER SYSTEMS INCMPWR5.47%$1.79B
LAM RESEARCH CORPLRCX5.23%$1.71B
ON SEMICONDUCTOR CORPON5.17%$1.69B
GLOBALFOUNDRIES INC3.99%$1.30B
WESTERN DIGITAL CORPWDC3.06%$998.37M
Showing 10 of 63Sign in to see more

Top 10 positions are 80.59% of net assets, top 25 99.33%, across 43 issuers.

See more of this fund's book

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