Fidelity Growth Strategies Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Growth Strategies Fund held 149 positions with $4.33B in net assets. Its ten largest holdings made up 27.2% of the fund. The FDEGX share class costs 0.69% a year. Over the 12 months to May 2026, FDEGX returned 17.0%, with dividends reinvested. In 2026 Q2 it added 26 new positions and exited 20.
Fidelity Growth Strategies Fund seeks capital appreciation.
The fund invests at least 80% of assets in common stocks of growth companies, identified through fundamental analysis of factors including projected or trailing earnings growth, sales growth, free cash flow growth relative to market median, research and development intensity, or capital-raising activity. The fund focuses on medium-sized companies but may invest substantially in larger or smaller companies, both domestic and foreign. Because security selection depends on the adviser's assessment of growth potential across multiple criteria, fund holdings may diverge materially from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
5.13% | $222.09M | 860.0K | $258.25 | |
3.65% | $158.01M | 183.6K | $860.84 | |
2.82% | $121.80M | 66.6K | $1,828.21 | |
2.58% | $111.41M | 71.1K | $1,566.21 | |
DDOGDATADOG INC | 2.51% | $108.75M | 439.6K | $247.35 |
RKLBROCKET LAB CORP | 2.18% | $94.21M | 656.6K | $143.48 |
2.15% | $93.24M | 284.6K | $327.66 | |
2.15% | $93.20M | 295.2K | $315.71 | |
ROYAL CARIBBEAN CRUISES LTD | 2.14% | $92.39M | 324.6K | $284.63 |
1.93% | $83.46M | 145.9K | $571.96 |
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.
All 149 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 | 101.19% |
| Cash & short-term | 1.38% |
By sector
- Industrials
- 38.9%
- Information Technology
- 17.3%
- Consumer Discretionary
- 12.2%
- Health Care
- 6.5%
- 10 other sectors
- 25.1%
- Industrials
- 38.9%
- Information Technology
- 17.3%
- Consumer Discretionary
- 12.2%
- Health Care
- 6.5%
- International
- 6.4%
- Financials
- 3.9%
- Utilities
- 2.9%
- Communication Services
- 2.6%
- Consumer Staples
- 2.2%
- Energy
- 2.1%
- Materials
- 1.7%
- Cash
- 1.3%
- Real Estate
- 1.3%
- Other
- 0.6%
How it has done
FDEGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.37%. Past returns are a record, not a forecast.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.69% | +17.01% | +80.98% | +64.20% | -15.10% | |
| 0.62% | +17.10% | +81.44% | +65.03% | -15.07% | |
| 1.73% | +15.81% | — | — | — | |
| 1.24% | +16.39% | — | — | — | |
| 0.75% | +16.96% | — | — | — | |
| 0.62% | +17.12% | — | — | — | |
| 0.99% | +16.68% | — | — | — |
These classes hold the same portfolio, so the 1.31pp spread over 1 year is the cost difference between them — roughly 1.31pp a year — not a difference in what they own.
Fees & fund details
Fidelity Growth Strategies Fund is an actively managed U.S. equity fund. 49% of FDEGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 88% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.62% – 1.73%· FDEGX 0.69%
- Portfolio turnover
- 58.00% 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.
26 new· the largest 8
20 exited· the largest 8
Understand how this fund fits with the rest.
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