Fidelity Advisor New Insights Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Advisor New Insights Fund held 457 positions with $28.20B in net assets. Its ten largest holdings made up 49.9% of the fund. The FNIAX share class costs 1.07% a year. Over the 12 months to May 2026, FNIAX returned 29.5%, with dividends reinvested. In 2026 Q2 it added 75 new positions and exited 72.
Fidelity Advisor New Insights Fund seeks capital appreciation.
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, fund holdings and performance will differ from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 9.08% | $2.56B | 12.8M | $200.09 |
GOOGLALPHABET INC | 7.73% | $2.18B | 6.1M | $357.37 |
SPACE EXPLORATION TECHNOLOGIES CORP | 7.23% | $2.04B | 11.9M | $170.86 |
7.13% | $2.01B | 3.6M | $563.29 | |
Fidelity Revere Street Trust | 4.66% | $1.31B | — | — |
AMZNAMAZON.COM INC | 4.44% | $1.25B | 5.3M | $238.34 |
3.54% | $997.47M | 1.3K | $748,850.00 | |
MSFTMICROSOFT CORP | 2.20% | $620.06M | 1.7M | $373.02 |
2.13% | $599.45M | 499.8K | $1,199.43 | |
AVGOBROADCOM INC | 1.77% | $500.07M | 1.3M | $377.75 |
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.
The 200 largest of 457 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 | 95.37% |
| Cash & short-term | 5.43% |
| Bonds | 0.00% |
By sector
- Information Technology
- 25.2%
- Communication Services
- 16.2%
- International
- 10.8%
- Other
- 9.0%
- 10 other sectors
- 38.8%
- Information Technology
- 25.2%
- Communication Services
- 16.2%
- International
- 10.8%
- Other
- 9.0%
- Financials
- 8.4%
- Industrials
- 7.7%
- Consumer Discretionary
- 7.2%
- Health Care
- 5.4%
- Cash
- 5.4%
- Energy
- 1.7%
- Consumer Staples
- 1.3%
- Real Estate
- 0.7%
- Materials
- 0.6%
- Utilities
- 0.6%
How it has done
FNIAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.97%. 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 |
|---|---|---|---|---|---|
| 1.07% | +29.49% | +112.67% | +101.67% | -9.85% | |
| 1.82% | +28.57% | +109.56% | +97.29% | -9.93% | |
| 1.32% | +29.15% | +111.11% | +99.29% | -9.89% | |
| 0.82% | +29.84% | +114.34% | +104.22% | -9.80% | |
| 0.70% | +29.97% | +115.05% | +105.46% | -9.79% |
These classes hold the same portfolio, so the 8.17pp spread over 5 years is the cost difference between them — roughly 1.63pp a year — not a difference in what they own.
Fees & fund details
Fidelity Advisor New Insights Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.70% – 1.82%· FNIAX 1.07%
- Portfolio turnover
- 32.00% a year · as of 2026 Q1
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.
75 new· the largest 8
72 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FNIAX, QQQ and the fund in my 401(k)?”
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