Fidelity Large Cap Stock Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Large Cap Stock Fund held 186 positions with $10.16B in net assets. Its ten largest holdings made up 43.1% of the fund. The FLCSX share class costs 0.73% a year. Over the 12 months to May 2026, FLCSX returned 32.4%, with dividends reinvested. In 2026 Q3 it added 13 new positions and exited 21.
Fidelity Large Cap Stock Fund seeks long-term growth of capital.
The fund invests at least 80% of assets in common stocks of large-capitalization companies, as defined by holdings similar to those in the Russell 1000 Index or S&P 500 Index, using fundamental analysis of financial condition, industry position, and market conditions to select growth or value stocks across domestic and foreign issuers. The fund may also use derivatives to gain exposure to these investments or associated market risk factors.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 7.92% | $805.50M | 4.0M | $199.57 |
4.77% | $484.93M | 2.1M | $229.03 | |
MSFTMICROSOFT CORP | 4.70% | $477.99M | 1.2M | $407.78 |
3.89% | $395.60M | 4.8M | $82.23 | |
3.77% | $383.10M | 353.6K | $1,083.46 | |
GOOGLALPHABET INC | 3.77% | $382.86M | 995.0K | $384.80 |
Fidelity Revere Street Trust | 3.75% | $380.76M | — | — |
3.60% | $365.83M | 1.3M | $289.93 | |
3.58% | $364.25M | 2.4M | $154.33 | |
AMZNAMAZON.COM INC | 3.39% | $344.28M | 1.3M | $265.06 |
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 186 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 | 96.33% |
| Cash & short-term | 5.01% |
| Derivatives | -0.08% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 23.5%
- Industrials
- 15.5%
- Financials
- 12.8%
- Communication Services
- 9.1%
- 10 other sectors
- 39.1%
- Information Technology
- 23.5%
- Industrials
- 15.5%
- Financials
- 12.8%
- Communication Services
- 9.1%
- International
- 8.3%
- Health Care
- 7.8%
- Consumer Discretionary
- 7.1%
- Energy
- 4.9%
- Consumer Staples
- 4.5%
- Cash
- 4.0%
- Materials
- 0.9%
- Real Estate
- 0.7%
- Utilities
- 0.7%
- Other
- 0.2%
How it has done
FLCSX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.95%. 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 |
|---|---|---|---|---|---|
| 0.73% | +32.38% | +103.48% | +109.96% | -8.31% | |
| 1.75% | — | — | — | — | |
| 1.26% | — | — | — | — | |
| 0.76% | — | — | — | — | |
| 0.64% | — | — | — | — | |
| 1.01% | — | — | — | — |
Fees & fund details
Fidelity Large Cap Stock Fund is an actively managed U.S. equity fund. 15% of FLCSX’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
- 0.64% – 1.75%· FLCSX 0.73%
- Portfolio turnover
- 25.00% a year · as of 2026 Q2
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.
13 new· the largest 8
21 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 — FLCSX, 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?”