Fidelity Advisor Equity Growth Fund

Fidelity Advisor Series I · Series S000005121 · 5 share classes

Equity fund · 100% stocks
One fund, 5 share classes:EPGAXEPGCXFAEGXEQPGXFZAFX
$13.57B NAV
159 positions · as of 2026-05-31 · filed 2026-07-24
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Advisor Equity Growth Fund seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in equity securities of growth companies, selected through fundamental analysis of financial condition, industry position, and market factors; growth potential is identified using criteria such as inclusion in third-party growth benchmarks, above-median earnings or sales growth, elevated research and development spending, or capital-raising activity. The fund holds both domestic and foreign issuers, primarily in common stocks, and may use derivatives for market exposure. Because security selection depends on the adviser's assessment of growth potential across multiple criteria, fund holdings will differ from any benchmark.

Expenses
0.54% 1.66%across 5 share classes
Share classExpense ratio
EPGAX0.91%
EPGCX1.66%
FAEGX1.16%
EQPGX0.66%
FZAFX0.54%

Portfolio turnover 69.00% · as of 2026 Q1

Allocation

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

100.58%
of net assets
Stocks99.56%
Cash & short-term1.01%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 21 new14 exited

Largest new: DDOG, INTC, BHP GROUP LTD, CONTEMPORARY AMPEREX TECHNOLOGY CO LTD, ARCELORMITTAL SA LUXEMBOURG, ANTHROPIC PBC, BRITISH AMERICAN TOBACCO PLC, CDE

Largest exited: PM, PODD, COF, CVX, SHW, BABA, FSLR, SPACE EXPLORATION TECHNOLOGIES CORP

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+32.93%-47.04%-88.08%17.29%-60.34%
+31.97%+53.86%+11.75%17.32%-12.57%
+32.67%-11.63%-65.13%17.31%-36.02%
+33.27%+96.27%+83.91%17.31%-10.46%
+33.47%+97.12%+85.07%17.38%-10.43%

These classes hold the same portfolio, so the 173.15pp spread over 5 years is the cost difference between them — roughly 34.63pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 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.

Holdings

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

Issuer%NAVValue
NVIDIA CORPNVDA13.67%$1.86B
MICROSOFT CORPMSFT7.18%$974.47M
ALPHABET INCGOOGL7.13%$968.49M
APPLE INCAAPL5.75%$780.92M
AMAZON.COM INCAMZN5.11%$693.43M
BROADCOM INCAVGO4.22%$573.16M
TAIWAN SEMICONDUCTOR MFG CO LTDTSM3.55%$481.34M
META PLATFORMS INCMETA2.99%$405.33M
ELI LILLY and COLLY2.80%$380.29M
MASTERCARD INCMA2.55%$346.31M
Showing 10 of 159Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 54.95% of net assets, top 25 70.39%, across 141 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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