Fidelity Focused Stock Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Focused Stock Fund held 43 positions with $4.96B in net assets. Its ten largest holdings made up 53.6% of the fund. The FTQGX share class costs 0.69% a year. Over the 12 months to May 2026, FTQGX returned 52.5%, with dividends reinvested. In 2026 Q3 it added 9 new positions and exited 13.
Fidelity Focused Stock Fund seeks capital growth.
The fund selects 30 to 80 stocks using fundamental analysis of financial condition, industry position, and market conditions, investing in both domestic and foreign issuers across growth and value styles. Because performance depends on the manager's security selection, results may diverge materially from broad market returns.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
GOOGLALPHABET INC | 9.45% | $468.69M | 1.2M | $384.80 |
NVDANVIDIA CORP | 7.92% | $392.55M | 2.0M | $199.57 |
7.33% | $363.26M | 836.0K | $434.52 | |
AMZNAMAZON.COM INC | 5.76% | $285.71M | 1.1M | $265.06 |
TSMTAIWAN SEMICONDUCTOR MFG CO LTD | 4.87% | $241.20M | 609.0K | $396.06 |
4.00% | $198.60M | 212.5K | $934.60 | |
CMICUMMINS INC | 3.90% | $193.25M | 288.0K | $671.01 |
TE CONNECTIVITY PLC | 3.71% | $183.93M | 869.0K | $211.66 |
INTCINTEL CORP | 3.45% | $171.01M | 1.8M | $94.48 |
GLWCORNING INC | 3.22% | $159.64M | 972.0K | $164.24 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 43 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 | 99.27% |
| Cash & short-term | 1.44% |
By sector
- Information Technology
- 24.9%
- Industrials
- 14.8%
- International
- 13.7%
- Consumer Discretionary
- 12.2%
- 6 other sectors
- 34.5%
- Information Technology
- 24.9%
- Industrials
- 14.8%
- International
- 13.7%
- Consumer Discretionary
- 12.2%
- Health Care
- 11.7%
- Financials
- 9.4%
- Communication Services
- 8.8%
- Materials
- 2.6%
- Cash
- 1.8%
- Other
- 0.1%
How it has done
FTQGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 22.67%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are 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 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.69% | +52.46% | +123.90% | +114.11% | -17.44% | |
| 1.74% | +50.81% | — | — | — | |
| 1.22% | +51.58% | — | — | — | |
| 0.97% | +52.05% | — | — | — | |
| 0.72% | +52.38% | — | — | — | |
| 0.61% | +52.50% | — | — | — |
These classes hold the same portfolio, so the 1.69pp spread over 1 year is the cost difference between them — roughly 1.69pp a year — not a difference in what they own.
Fees & fund details
Fidelity Focused Stock Fund is an actively managed U.S. equity fund. 17% of FTQGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 83% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.61% – 1.74%· FTQGX 0.69%
- Portfolio turnover
- 153.00% a year · as of 2025 Q4
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.
9 new· the largest 8
13 exited· the largest 8
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 — FTQGX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”