Fidelity SAI U.S. Large Cap Index Fund

Fidelity Salem Street Trust · 1 share class

U.S. equity index fund
One fund, 1 share class:FLCPX
$15.67B NAV
507 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity SAI U.S. Large Cap Index Fund is a U.S. equity index fund. 20% of FLCPX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% 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 · 2025 Q4

Fidelity SAI U.S. Large Cap Index Fund seeks to provide investment results that correspond to the total return of U.S. equities.

Strategy · summarised

The fund tracks the total return of U.S. equities by holding a portfolio designed to correspond to a broad U.S. large-cap index. Because the index itself may become non-diversified due to shifts in market capitalization, the fund may operate as non-diversified as a result.

Expenses
0.01%one share class
Share classGrossNetAs of
FLCPX0.02%0.01%2025 Q3

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 64.00% · as of 2025 Q3

Allocation

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

100.13%
of net assets
Stocks99.79%
Cash & short-term0.31%
Bonds0.02%
Derivatives0.01%

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

100%
of net assets
Information Technology34.4%
Financials11.7%
Communication Services11.0%
Consumer Discretionary9.9%
11 smaller33.0%

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

Revenue growth
20%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
27%of stock holdings in top-quartile growers
covering 91% of the fund’s equity

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

2026Q2 vs 2026Q1: 8 new8 exited

New: VRT, CIEN, LITE, COHR, CASY, ECHO, UST BILLS, CHICAGO MERCANTILE EXCH INC

Exited: HOLOGIC INC, DAYFORCE INC, UST BILLS, MOH, MTCH, PAYC, LW, CHICAGO MERCANTILE EXCH INC

Return profile

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

1-year
+31.01%
3-year
+80.00%
5-year
+85.19%
Volatility
13.42%
Worst 3-yr fall
-8.22%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
0.00%
Avg maturity
0.04 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 CORPNVDA7.84%$1.23B
APPLE INCAAPL6.44%$1.01B
MICROSOFT CORPMSFT4.89%$766.74M
AMAZON.COM INCAMZN4.18%$655.65M
ALPHABET INCGOOGL3.62%$567.28M
BROADCOM INCAVGO3.20%$501.15M
ALPHABET INCGOOG2.89%$452.30M
META PLATFORMS INCMETA2.16%$338.89M
TESLA INCTSLA1.74%$271.78M
BERKSHIRE HATHAWAY INC DELBRK/B1.40%$219.91M
Showing 10 of 507Sign in to see more

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 38.37% of net assets, top 25 51.18%, across 503 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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