Fidelity Large Cap Value Index Fund
Fidelity Salem Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Large Cap Value Index Fund is a U.S. equity index fund that tracks the Russell 1000 Value Index. 8% of FLCOX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q2
Fidelity Large Cap Value Index Fund seeks to provide investment results that correspond to the total return of stocks of large capitalization U.S. companies.
The fund tracks the Russell 1000 Value Index, a market-cap-weighted index of large-cap U.S. stocks selected for lower price-to-book ratios and lower expected growth rates, using replication and holding most or all index constituents. Because the fund may not hold all securities in the index, its returns may diverge from the index.
| Share class | Expense ratio |
|---|---|
| FLCOX | 0.03% |
Portfolio turnover 21.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.77% |
| Cash & short-term | 0.77% |
| Bonds | 0.02% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 18.9% |
| Information Technology | 13.7% |
| Industrials | 12.3% |
| Health Care | 10.3% |
| 11 smaller | 44.8% |
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
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
Largest new: MDLN, UST BILLS, CHICAGO MERCANTILE EXCH INC ×2, VERSIGENT LTD, CBC
Largest exited: EXACT SCIENCES CORP, HOLOGIC INC, CMA, DAYFORCE INC, AIR LEASE CORP, SEALED AIR CORP, UST BILLS, CHICAGO MERCANTILE EXCH INC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| BRK/B | BERKSHIRE HATHAWAY INC DELBRK/B | 2.66% | $473.60 | $355.29M | 750.2K |
| JPM | JPMORGAN CHASE and COJPM | 2.59% | $313.23 | $346.10M | 1.1M |
| GOOGL | ALPHABET INCGOOGL | 2.42% | $384.80 | $322.93M | 839.2K |
| AMZN | AMAZON.COM INCAMZN | 2.13% | $265.06 | $284.33M | 1.1M |
| XOM | EXXON MOBIL CORPXOM | 1.99% | $154.33 | $265.20M | 1.7M |
| GOOG | ALPHABET INCGOOG | 1.96% | $381.94 | $260.98M | 683.3K |
| MU | MICRON TECHNOLOGY INCMU | 1.76% | $517.16 | $235.03M | 454.5K |
| JNJ | JOHNSON and JOHNSONJNJ | 1.69% | $229.85 | $224.98M | 978.8K |
| WMT | WALMART INCWMT | 1.57% | $131.93 | $210.14M | 1.6M |
| INTC | INTEL CORPINTC | 1.27% | $94.48 | $169.57M | 1.8M |
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 20.04% of net assets, top 25 33.16%, across 854 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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