Fidelity Contrafund K6

Fidelity Contrafund · Series S000057289 · 1 share classes

Equity fund · 99% stocks
One fund, 1 share classes:FLCNX
$33.57B NAV
421 positions · as of 2026-03-31 · filed 2026-05-26
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Contrafund K6 seeks capital appreciation.

Strategy · summarised

The fund invests primarily in common stocks of domestic and foreign companies that the manager believes are undervalued by the market, using fundamental analysis of financial condition, industry position, and economic conditions to identify opportunities. The fund may hold either growth or value stocks or both. Because security selection depends on the manager's analysis and judgment, performance will diverge from any benchmark.

Expenses
0.45%one share class
Share classExpense ratio
FLCNX0.45%

Portfolio turnover 37.00% · as of 2026 Q1

Allocation

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

100.42%
of net assets
Stocks98.90%
Cash & short-term1.51%
Bonds0.00%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 66 new77 exited

Largest new: NOKIA CORP, CVX, CANVA INC, GSK PLC, COP, ANTHROPIC PBC, SNPS, TECH

Largest exited: BKNG, CBRE, FLUTTER ENTERTAINMENT PLC, KKR, CANVA AUSTRALIA HOLDINGS PTY LTD, X.AI HOLDINGS CORP, BX, ZS

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· Apr 2023 – Feb 2026

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.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31

Avg coupon
0.12%
Avg maturity
1.27 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.

43%
floating
Fixed rate57.1%
Floating rate42.9%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y1-3y
<1y57.1%
1-3y42.9%
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 CORPNVDA10.67%$3.58B
META PLATFORMS INCMETA9.65%$3.24B
AMAZON.COM INCAMZN5.45%$1.83B
BERKSHIRE HATHAWAY INC DELBRK/A4.17%$1.40B
ALPHABET INCGOOGL3.98%$1.34B
SPACE EXPLORATION TECHNOLOGIES CORP3.23%$1.08B
MICROSOFT CORPMSFT2.90%$973.45M
ALPHABET INCGOOG2.55%$855.15M
AMPHENOL CORPORATION NEWAPH2.07%$694.63M
BROADCOM INCAVGO1.99%$668.24M
Showing 10 of 421Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 46.67% of net assets, top 25 65.33%, across 382 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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