Fidelity Advisor Growth Opportunities Fund

Fidelity Advisor Series I · Series S000005111 · 5 share classes

Equity fund · 100% stocks
One fund, 5 share classes:FAGAXFACGXFAGOXFAGCXFZAHX
$35.28B NAV
212 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 Growth Opportunities Fund seeks to provide capital growth.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of growth companies, identified through fundamental analysis of factors including projected or trailing earnings growth, sales growth per share, free cash flow growth relative to market median, research and development intensity, and capital-raising activity. The fund holds both domestic and foreign issuers. Because security selection depends on the adviser's assessment of growth potential across multiple criteria, holdings will differ from any benchmark.

Expenses
0.60% 1.71%across 5 share classes
Share classExpense ratio
FAGAX0.96%
FACGX1.71%
FAGOX1.21%
FAGCX0.71%
FZAHX0.60%

Portfolio turnover 57.00% · as of 2026 Q1

Allocation

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

100.53%
of net assets
Stocks99.64%
Cash & short-term0.78%
Bonds0.12%

Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified. The blend is as of 2026Q1, one or more quarters before the direct holdings (2026Q2).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 40 new24 exited

Largest new: CEREBRAS SYSTEMS INC, UNH, INTC, FABRINET, UBER, OURA INC, MEESHO, CRWV

Largest exited: TMUS, CEREBRAS SYSTEMS INC, Fidelity Revere Street Trust, DDOG, RDDT, Old Name : iShares Ultra Short-Term Bond Active ETF, ORCL, OURA HEALTH OY

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+44.60%-37.41%-89.15%22.84%-57.98%
+43.56%+82.00%+1.83%22.83%-15.10%
+44.24%+4.39%-68.25%22.84%-34.47%
+44.95%+132.13%+67.65%22.84%-14.09%
+45.10%+132.81%+68.57%22.84%-14.09%

These classes hold the same portfolio, so the 157.71pp spread over 5 years is the cost difference between them — roughly 31.54pp 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.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
0.08%
Avg maturity
0.50 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.

81%
floating
Floating rate80.5%
Fixed rate19.5%
Maturity ladder

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

<1y10y+
<1y96.9%
1-3y3.1%
10y+0.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: 80.51% · $30.43M · 1 positions

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Holdings

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

Issuer%NAVValue
NVIDIA CORPNVDA13.98%$4.93B
MICROSOFT CORPMSFT7.24%$2.55B
AMAZON.COM INCAMZN6.25%$2.21B
META PLATFORMS INCMETA4.95%$1.75B
ALPHABET INCGOOG4.60%$1.62B
ALPHABET INCGOOGL4.03%$1.42B
APPLE INCAAPL3.62%$1.28B
APPLOVIN CORPAPP3.36%$1.19B
TAIWAN SEMICONDUCTOR MFG CO LTDTSM3.21%$1.13B
ELI LILLY and COLLY2.91%$1.03B
Showing 10 of 212Sign 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 54.15% of net assets, top 25 76.75%, across 144 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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