Fidelity Focused Stock Fund

Fidelity Capital Trust · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FTQGXFSFMXFSFJXFSFGXFSFNXFSFOX
$4.96B NAV
43 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Focused Stock Fund seeks capital growth.

Strategy · summarised

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.

Expenses
0.61% 1.74%across 6 share classes
Share classExpense ratio
FTQGX0.69%
FSFMX1.74%
FSFJX1.22%
FSFGX0.97%
FSFNX0.72%
FSFOX0.61%

Portfolio turnover 153.00% · as of 2025 Q4

Allocation

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

100.71%
of net assets
Stocks99.27%
Cash & short-term1.44%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology31.3%
International14.6%
Industrials14.2%
Communication Services11.2%
6 smaller28.7%

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

Revenue growth
17%of stock holdings in top-quartile growers
covering 83% of the fund’s equity

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

2026Q2 vs 2026Q1: 12 new11 exited

Largest new: INTC, C, MU, NOKIA CORP, FLEX LTD, GWW, CHUBB LTD, UNH

Largest exited: WFC, MS, ECHO, NRG, AVGO, SHOP, TMO, ISRG

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+51.25%+114.98%+98.42%22.48%-17.44%
+49.65%22.47%
+50.40%22.48%
+50.84%22.48%
+51.20%22.50%
+51.35%22.50%

These classes hold the same portfolio, so the 1.70pp spread over 1 year is the cost difference between them — roughly 1.70pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

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

Issuer%NAVValue
ALPHABET INCGOOGL9.45%$468.69M
NVIDIA CORPNVDA7.92%$392.55M
WESTERN DIGITAL CORPWDC7.33%$363.26M
AMAZON.COM INCAMZN5.76%$285.71M
TAIWAN SEMICONDUCTOR MFG CO LTDTSM4.87%$241.20M
ELI LILLY and COLLY4.00%$198.60M
CUMMINS INCCMI3.90%$193.25M
TE CONNECTIVITY PLC3.71%$183.93M
INTEL CORPINTC3.45%$171.01M
CORNING INCGLW3.22%$159.64M
Showing 10 of 43Sign in to see more

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.

Top 10 positions are 53.61% of net assets, top 25 87.67%, across 42 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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