Fidelity Advisor Capital Development Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Advisor Capital Development Fund held 176 positions with $6.36B in net assets. Its ten largest holdings made up 41.9% of the fund. The FDETX share class costs 0.53% a year. Over the 12 months to May 2026, FDETX returned 32.6%, with dividends reinvested. In 2026 Q2 it added 12 new positions and exited 30.
Fidelity Advisor Capital Development Fund seeks capital growth.
The fund invests primarily in common stocks of domestic and foreign companies selected through fundamental analysis of financial condition, industry position, and market conditions, employing both growth and value approaches. Because security selection depends on the manager's analysis rather than a predetermined index or rule, results will differ from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 7.90% | $502.09M | 2.5M | $200.09 |
4.53% | $288.25M | 1.3M | $216.47 | |
MSFTMICROSOFT CORP | 4.34% | $276.18M | 740.4K | $373.02 |
4.34% | $275.83M | 738.1K | $373.73 | |
3.88% | $246.68M | 3.0M | $82.64 | |
3.65% | $231.98M | 197.5K | $1,174.86 | |
GOOGLALPHABET INC | 3.60% | $229.15M | 641.2K | $357.37 |
AMZNAMAZON.COM INC | 3.34% | $212.15M | 890.1K | $238.34 |
AAPLAPPLE INC | 3.27% | $208.22M | 719.6K | $289.36 |
GOOGALPHABET INC | 3.03% | $192.83M | 545.8K | $353.33 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 176 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 | 97.84% |
| Cash & short-term | 2.66% |
| Derivatives | -0.17% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 24.1%
- Industrials
- 16.2%
- Financials
- 12.5%
- Communication Services
- 9.8%
- 10 other sectors
- 37.3%
- Information Technology
- 24.1%
- Industrials
- 16.2%
- Financials
- 12.5%
- Communication Services
- 9.8%
- International
- 8.2%
- Health Care
- 8.2%
- Consumer Discretionary
- 6.5%
- Energy
- 4.7%
- Consumer Staples
- 4.6%
- Cash
- 2.6%
- Materials
- 0.8%
- Utilities
- 0.8%
- Real Estate
- 0.7%
- Other
- 0.2%
How it has done
FDETX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.05%. Past returns are a record, not a forecast.
Jun 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 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.53% | +32.64% | +105.46% | +112.15% | -8.36% | |
| 0.82% | +32.24% | +103.62% | +109.05% | -8.37% | |
| 1.66% | +31.09% | +99.65% | +102.39% | -8.63% | |
| 1.17% | +31.79% | +101.51% | +104.96% | -8.55% | |
| 0.67% | +32.45% | +104.49% | +110.51% | -8.37% |
These classes hold the same portfolio, so the 9.76pp spread over 5 years is the cost difference between them — roughly 1.95pp a year — not a difference in what they own.
Fees & fund details
Fidelity Advisor Capital Development Fund is an actively managed U.S. equity fund. 15% of FDETX’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
- Expense ratio, by class
- 0.53% – 1.66%· FDETX 0.53%
- Portfolio turnover
- 18.00% a year · as of 2025 Q4
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.
12 new· the largest 7
30 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
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