Fidelity Advisor Small Cap Fund
Fidelity Advisor Series I · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Advisor Small Cap Fund is an actively managed U.S. equity fund. 31% of FSCDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 81% 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 · 2026 Q1
Fidelity Advisor Small Cap Fund seeks long-term growth of capital.
The fund invests primarily in common stocks of small-capitalization companies, generally those comparable in size to constituents of the Russell 2000 Index or S&P SmallCap 600 Index, using fundamental analysis of financial condition, industry position, and market conditions to select both domestic and foreign issuers. The fund may hold growth or value stocks or both. Because security selection depends on the adviser's analysis rather than index tracking, the fund's returns will differ from any benchmark.
| Share class | Expense ratio |
|---|---|
| FSCDX | 1.20% |
| FSCEX | 1.95% |
| FSCTX | 1.45% |
| FSCIX | 0.95% |
| FZAOX | 0.83% |
Portfolio turnover 34.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.57% |
| Cash & short-term | 4.21% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 21.1% |
| Information Technology | 15.4% |
| Financials | 13.3% |
| Health Care | 12.5% |
| 9 smaller | 37.8% |
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
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
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +43.29% | -54.84% | -90.24% | 14.01% | -68.49% | |
| +42.34% | +31.37% | -8.45% | 13.99% | -19.61% | |
| +42.95% | -24.67% | -71.44% | 13.98% | -47.30% | |
| +43.68% | +67.38% | +50.65% | 13.97% | -17.00% | |
| +43.87% | +68.05% | +51.71% | 13.98% | -16.95% |
These classes hold the same portfolio, so the 141.95pp spread over 5 years is the cost difference between them — roughly 28.39pp a year — not a difference in what they own.
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
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Fidelity Revere Street Trust | 2.80% | — | $66.18M | — |
| SANM | SANMINA CORPSANM | 2.54% | $259.73 | $59.97M | 230.9K |
| STRL | STERLING INFRASTRUCTURE INCSTRL | 2.20% | $860.84 | $52.08M | 60.5K |
| SNX | TD SYNNEX CORPSNX | 2.00% | $261.28 | $47.30M | 181.0K |
| IESC | IES HOLDINGS INCIESC | 1.96% | $678.35 | $46.26M | 68.2K |
| NXT | NEXTPOWER INCNXT | 1.85% | $156.40 | $43.70M | 279.4K |
| FCFS | FIRSTCASH HOLDINGS INCFCFS | 1.81% | $219.91 | $42.73M | 194.3K |
| VECO | VEECO INSTRUMENTS INCVECO | 1.69% | $57.64 | $39.86M | 691.6K |
| — | FABRINET | 1.52% | $654.16 | $35.98M | 55.0K |
| ESI | ELEMENT SOLUTIONS INCESI | 1.47% | $42.43 | $34.68M | 817.4K |
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 19.82% of net assets, top 25 37.33%, across 151 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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