Fidelity Series Small Cap Opportunities Fund

Fidelity Securities Fund · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:FSOPX
$5.03B NAV
228 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Series Small Cap Opportunities Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q3

Fidelity Series Small Cap Opportunities Fund seeks capital appreciation.

Strategy · summarised

The fund invests primarily in common stocks of small-capitalization companies, generally those with market capitalizations similar to the Russell 2000 Index or S&P SmallCap 600 Index, using fundamental analysis across multiple Fidelity managers who allocate assets by market sector and select growth or value stocks based on financial condition, industry position, and economic conditions. The fund may also use derivatives to gain exposure to these investments or associated market risk factors. Because the fund's returns depend on the security selections made by its managers, performance will diverge from any benchmark index.

Expenses
0.00%one share class
Share classExpense ratio
FSOPX0.00%

Portfolio turnover 43.00% · as of 2025 Q3

Allocation

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

101.63%
of net assets
Stocks98.53%
Cash & short-term3.08%
Derivatives0.03%

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
Industrials19.2%
Information Technology15.5%
Financials14.5%
Health Care14.1%
9 smaller36.7%

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).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 25 new29 exited

Largest new: BKV, TEEKAY TANKERS LTD, REZI, CENX, SFM, TWST, ASCENDIS PHARMA A/S, GKOS

Largest exited: REV GROUP INC, PIPER SANDLER COS, SMPL, FIBK, ASCENDIS PHARMA A/S, ARCELLX INC, MASIMO CORP, NSIT

Return profile

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

1-year
+49.28%
3-year
+79.81%
5-year
+64.64%
Volatility
13.64%
Worst 3-yr fall
-17.71%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
IES HOLDINGS INCIESC2.48%$125.04M
ADVANCED ENERGY INDUSTRIES INCAEIS1.93%$97.09M
FABRINET1.85%$93.18M
SANMINA CORPSANM1.74%$87.74M
Fidelity Revere Street Trust1.64%$82.62M
FIRSTCASH HOLDINGS INCFCFS1.54%$77.62M
Fidelity Revere Street Trust1.44%$72.33M
TD SYNNEX CORPSNX1.23%$61.97M
TEREX CORPTEX1.12%$56.41M
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INCMTSI1.11%$55.74M
Showing 10 of 228Sign 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 16.09% of net assets, top 25 30.59%, across 226 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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