Fidelity Advisor Diversified Stock Fund

Fidelity Destiny Portfolios · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FDTOXFDESXFDTCXFDTEXFDTIXFZACX
$4.27B NAV
247 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Advisor Diversified Stock Fund is an actively managed U.S. equity fund. 23% of FDTOX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 84% 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 Q4

Fidelity Advisor Diversified Stock Fund seeks capital growth.

Strategy · summarised

The fund invests at least 80% of assets in stocks, selecting from both domestic and foreign issuers using fundamental analysis of financial condition, industry position, and market conditions, with no restriction on growth versus value orientation. The manager may use derivative instruments to gain exposure to these equity investments or market risk factors. Because security selection depends on the manager's analysis, fund holdings and performance will differ from any benchmark.

Expenses
0.41% 1.60%across 6 share classes
Share classExpense ratio
FDTOX0.76%
FDESX0.41%
FDTCX1.60%
FDTEX1.08%
FDTIX0.56%
FZACX0.44%

Portfolio turnover 85.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.62%
of net assets
Stocks99.43%
Cash & short-term2.23%
Derivatives-0.04%

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.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology33.9%
International13.0%
Industrials12.4%
Health Care7.8%
10 smaller33.0%

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

Revenue growth
23%of stock holdings in top-quartile growers
covering 84% of the fund’s equity

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

2026Q2 vs 2026Q1: 55 new41 exited

Largest new: UNH, DELL, SPCX, EATON CORP PLC, OKTA, ORCL, DGX, ARM HOLDINGS LIMITED

Largest exited: MCK, MLM, SCHW, HII, GD, LOW, MOS, OSK

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+34.10%-49.57%-88.14%14.28%-62.39%
+34.52%+87.58%+83.88%14.28%-11.77%
+32.94%+46.20%+10.65%14.29%-13.18%
+33.59%-16.10%-65.47%14.26%-38.03%
+34.32%+86.75%+82.57%14.28%-11.78%
+34.48%+87.43%+83.68%14.27%-11.75%

These classes hold the same portfolio, so the 172.01pp spread over 5 years is the cost difference between them — roughly 34.40pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA8.61%$368.03M
ALPHABET INCGOOG5.23%$223.38M
APPLE INCAAPL4.54%$193.94M
AMAZON.COM INCAMZN4.05%$173.06M
MICROSOFT CORPMSFT2.43%$103.78M
ELI LILLY and COLLY1.83%$78.37M
TAIWAN SEMICONDUCTOR MFG CO LTDTSM1.83%$78.08M
KLA CORPKLAC1.81%$77.54M
MICRON TECHNOLOGY INCMU1.75%$74.68M
INTEL CORPINTC1.70%$72.75M
Showing 10 of 247Sign in to see more

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.

Top 10 positions are 33.79% of net assets, top 25 50.98%, across 236 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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