Fidelity Advisor Stock Selector Mid Cap Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Advisor Stock Selector Mid Cap Fund held 207 positions with $2.54B in net assets. Its ten largest holdings made up 19.2% of the fund. The FMCDX share class costs 0.97% a year. Over the 12 months to May 2026, FMCDX returned 30.4%, with dividends reinvested. In 2026 Q2 it added 28 new positions and exited 18.
Fidelity Advisor Stock Selector Mid Cap Fund seeks long-term growth of capital.
The fund invests at least 80% of assets in stocks of companies with market capitalizations similar to those in the Russell Midcap Index or S&P MidCap 400 Index, using fundamental analysis across multiple Fidelity managers who allocate to different market sectors and select growth or value stocks. The fund may also hold stocks outside the mid-cap range and includes foreign issuers. Because security selection relies on each manager's analysis and picks, fund performance will diverge from its midcap benchmarks.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Revere Street Trust | 4.21% | $106.95M | — | — |
2.14% | $54.44M | 149.3K | $364.64 | |
XPOXPO INC | 2.00% | $50.91M | 237.6K | $214.25 |
TWLOTWILIO INC | 1.79% | $45.56M | 239.0K | $190.64 |
1.75% | $44.36M | 122.8K | $361.17 | |
1.68% | $42.68M | 91.0K | $468.98 | |
Fidelity Revere Street Trust | 1.57% | $39.83M | — | — |
KEXKIRBY CORP | 1.40% | $35.68M | 253.8K | $140.59 |
1.38% | $34.99M | 133.9K | $261.28 | |
1.25% | $31.87M | 60.0K | $531.21 |
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.
The 200 largest of 207 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 | 98.48% |
| Cash & short-term | 5.77% |
| Bonds | 0.06% |
| Derivatives | 0.02% |
Derivatives are shown at market value, not notional exposure.
By sector
- Industrials
- 23.8%
- Information Technology
- 15.0%
- Financials
- 12.5%
- Consumer Discretionary
- 8.4%
- 11 other sectors
- 40.2%
- Industrials
- 23.8%
- Information Technology
- 15.0%
- Financials
- 12.5%
- Consumer Discretionary
- 8.4%
- Health Care
- 7.0%
- International
- 6.4%
- Real Estate
- 6.3%
- Cash
- 5.5%
- Materials
- 3.9%
- Energy
- 3.7%
- Consumer Staples
- 3.2%
- Utilities
- 3.0%
- Communication Services
- 0.9%
- Other
- 0.3%
- Government
- 0.1%
How it has done
FMCDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.08%. Past returns are a record, not a forecast.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.97% | +30.43% | +67.71% | +49.72% | -13.16% | |
| 1.72% | +29.43% | +64.91% | +45.85% | -13.39% | |
| 1.22% | +30.09% | +66.40% | +47.86% | -13.27% | |
| 0.72% | +30.73% | +68.92% | +51.54% | -13.07% | |
| 0.67% | +30.82% | +69.15% | +51.78% | -13.06% | |
| 0.60% | +30.92% | +69.60% | +52.54% | -13.05% |
These classes hold the same portfolio, so the 6.69pp spread over 5 years is the cost difference between them — roughly 1.34pp a year — not a difference in what they own.
Fees & fund details
Fidelity Advisor Stock Selector Mid Cap Fund is an actively managed U.S. equity fund. 19% of FMCDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 89% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.60% – 1.72%· FMCDX 0.97%
- Portfolio turnover
- 55.00% 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.
28 new· the largest 8
18 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
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.
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