Fidelity Series Intrinsic Opportunities Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Series Intrinsic Opportunities Fund held 269 positions with $2.99B in net assets. Its ten largest holdings made up 14.4% of the fund. The FDMLX share class costs 0% a year. Over the 12 months to May 2026, FDMLX returned 23.0%, with dividends reinvested. In 2026 Q3 it added 8 new positions and exited 28.
Fidelity Series Intrinsic Opportunities Fund seeks capital appreciation.
The fund invests primarily in common stocks of companies that the manager believes are undervalued relative to assets, sales, earnings, growth potential, or cash flow, or relative to peers in the same industry. The fund may also hold growth stocks and invests in both domestic and foreign issuers, using fundamental analysis of financial condition, industry position, and market conditions to guide selection. Because returns depend on the manager's security picks, the fund's performance will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Revere Street Trust | 4.52% | $134.98M | — | — |
1.42% | $42.32M | 514.7K | $82.23 | |
1.17% | $35.04M | 386.9K | $90.56 | |
1.15% | $34.26M | 166.6K | $205.63 | |
1.06% | $31.58M | 138.4K | $228.18 | |
OVVOVINTIV INC | 1.05% | $31.33M | 509.0K | $61.55 |
1.04% | $31.01M | 1.9M | $16.62 | |
1.02% | $30.55M | 199.9K | $152.84 | |
1.00% | $29.88M | 233.5K | $127.98 | |
1.00% | $29.79M | 378.1K | $78.81 |
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.
The 200 largest of 269 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 | 95.03% |
| Cash & short-term | 5.45% |
By sector
- Financials
- 23.7%
- Industrials
- 15.0%
- International
- 12.0%
- Health Care
- 9.8%
- 9 other sectors
- 39.5%
- Financials
- 23.7%
- Industrials
- 15.0%
- International
- 12.0%
- Health Care
- 9.8%
- Consumer Discretionary
- 9.1%
- Cash
- 6.4%
- Information Technology
- 6.4%
- Consumer Staples
- 5.2%
- Materials
- 4.3%
- Energy
- 4.0%
- Real Estate
- 2.4%
- Utilities
- 1.6%
- Communication Services
- 0.3%
How it has done
FDMLX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.41%. 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.
Fees & fund details
Fidelity Series Intrinsic Opportunities Fund is an actively managed U.S. equity fund. 8% of FDMLX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 81% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.00%· FDMLX 0.00%
- Portfolio turnover
- 34.00% a year · as of 2025 Q3
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.
8 new
28 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 — FDMLX, QQQ and the fund in my 401(k)?”
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