Fidelity Puritan Fund

Fidelity Puritan Trust · Series S000007153 · 2 share classes

Equity fund · 100% stocks
One fund, 2 share classes:FPURXFPUKX
$33.84B NAV
262 positions · as of 2026-05-31 · filed 2026-07-24
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Puritan Fund seeks income and capital growth consistent with reasonable risk.

Strategy · summarised

The fund allocates approximately 60% to equities and 40% to fixed income, selecting securities through fundamental analysis of financial condition, industry position, and market conditions, with a minimum 25% commitment to senior fixed-income securities. The fund may hold high-yield debt when its outlook is neutral and invests in both domestic and foreign issuers across growth and value equity styles. Because security selection depends on the manager's analysis, fund returns will diverge from any benchmark.

Expenses
0.40% 0.47%across 2 share classes
Share classExpense ratio
FPURX0.47%
FPUKX0.40%

Portfolio turnover 58.00% · as of 2025 Q4

Allocation

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

100.62%
of net assets
Stocks99.78%
Cash & short-term0.84%
Bonds0.03%
Derivatives-0.02%

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.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 52 new40 exited

Largest new: UNH, ROCHE HOLDING AG, DELL, BUNGE GLOBAL SA, EPIROC AB, ARM HOLDINGS LIMITED, ORCL, SLB

Largest exited: ROCHE HOLDING AG, PM, MCK, GD, CARNIVAL CORP, LOW, HII, VMC

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+24.47%+59.38%+53.63%9.52%-7.16%
+24.51%+59.66%+53.97%9.47%-7.15%

These classes hold the same portfolio, so the 0.34pp spread over 5 years is the cost difference between them — roughly 0.07pp a year — not a difference in what they own.

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
0.04%
Avg maturity
0.99 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.

<1y1-3y
<1y79.5%
1-3y20.5%
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
Fidelity Central Investment Portfolios II LLC26.78%$9.06B
NVIDIA CORPNVDA6.17%$2.09B
ALPHABET INCGOOG3.81%$1.29B
APPLE INCAAPL3.39%$1.15B
AMAZON.COM INCAMZN3.18%$1.08B
Fidelity Central Investment Portfolios LLC3.11%$1.05B
MICROSOFT CORPMSFT2.04%$690.72M
SPACE EXPLORATION TECHNOLOGIES CORP1.64%$555.62M
META PLATFORMS INCMETA1.50%$507.12M
TAIWAN SEMICONDUCTOR MFG CO LTDTSM1.20%$405.00M
Showing 10 of 262Sign 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 52.81% of net assets, top 25 64.57%, across 248 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.

Sign in free