Fidelity Nasdaq Composite Index Fund

Fidelity Concord Street Trust · Series S000055366 · 1 share classes

Equity fund · 99% stocks
One fund, 1 share classes:FNCMX
$27.93B NAV
2,981 positions · as of 2026-05-31 · filed 2026-07-24
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Nasdaq Composite Index Fund seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index .

Strategy · summarised

The fund uses statistical sampling techniques to build a portfolio that mirrors the Nasdaq Composite Index, a market-capitalization-weighted benchmark of approximately 3,000 stocks, by matching factors such as industry exposure, valuation ratios, and dividend yield. Because the fund samples rather than holds all index constituents, its returns may diverge from the index.

Expenses
0.29%one share class
Share classExpense ratioAs of
FNCMX0.29%2025 Q1

Portfolio turnover 4.00% · as of 2026 Q1

Allocation

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

101.69%
of net assets
Stocks99.48%
Cash & short-term2.14%
Derivatives0.06%
Bonds0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 190 new154 exited

Largest new: THOMSON REUTERS CORP, CHICAGO MERCANTILE EXCH INC, ASCENDIS PHARMA A/S, WISE GROUP PLC, FRVO, XE, CBRS, UST BILLS

Largest exited: THOMSON REUTERS CORP, EXACT SCIENCES CORP, HOLOGIC INC, ASCENDIS PHARMA A/S, AVIDITY BIOSCIENCES INC, CONFLUENT INC, UST BILLS, ARCELLX INC

Return profile

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

1-year
+43.53%
3-year
+108.30%
5-year
+85.82%
Volatility
19.72%
Worst 3-yr fall
-11.75%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
0.00%
Avg maturity
0.20 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

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

Issuer%NAVValue
NVIDIA CORPNVDA11.15%$3.12B
APPLE INCAAPL9.96%$2.78B
MICROSOFT CORPMSFT7.27%$2.03B
AMAZON.COM INCAMZN6.32%$1.76B
ALPHABET INCGOOGL4.81%$1.34B
BROADCOM INCAVGO4.61%$1.29B
ALPHABET INCGOOG4.45%$1.24B
TESLA INCTSLA3.56%$992.79M
META PLATFORMS INCMETA3.01%$839.93M
MICRON TECHNOLOGY INCMU2.38%$663.50M
Showing 10 of 2,981Sign in to see more

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.

Top 10 positions are 57.51% of net assets, top 25 72.23%, across 2.9K 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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