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FSOPX

Fidelity Series Small Cap Opportunities Fund

Actively managedEquityOpen-end fund
Fidelity Securities Fund: FSOPXHoldings as of Apr 30, 2026Filed Jun 26, 2026

Actively managed U.S. stock fund

As of its 2026 Q2 report, Fidelity Series Small Cap Opportunities Fund held 228 positions with $5.03B in net assets. Its ten largest holdings made up 16.1% of the fund. The FSOPX share class costs 0% a year. Over the 12 months to May 2026, FSOPX returned 43.5%, with dividends reinvested. In 2026 Q3 it added 45 new positions and exited 37.

2026 Q2 holdings and allocationChanges are against the previous quarter, 2026 Q2Headline fees and returns use the FSOPX share class
Expense ratio · FSOPX
0%
$0 a year for every $10,000 invested
one share class
$5.03B
The whole fund, all share classes
228 holdings
16.1%in the top 10
Weight held in the ten largest holdings
Top 25 hold 30.6%
Return, 1 year · FSOPX
+43.5%
With dividends, to May 2026
3 yr total +84.7% · 5 yr total +67.7%
What this fund is
Objective, as filed

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.

What you own

per cent of the fund
CompanyWeightValue
2.48%
$125.04M
1.93%
$97.09M
FABRINET
1.85%
$93.18M
1.74%
$87.74M
Fidelity Revere Street Trust
1.64%
$82.62M
1.54%
$77.62M
Fidelity Revere Street Trust
1.44%
$72.33M
1.23%
$61.97M
1.12%
$56.41M
1.11%
$55.74M
Showing 1–10 of 228 · the top 10 are 16.09% of the fund, the top 25 are 30.59%

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 228 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%.

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

Derivatives are shown at market value, not notional exposure.

By sector

Health Care
17.5%
Financials
17.3%
Industrials
15.7%
Information Technology
10.4%
10 other sectors
39.2%

How it has done

Total return, dividends reinvested · to May 2026

FSOPX share class · total returns with dividends reinvested

1 year
+43.49%
3 years
+84.69%
Cumulative, not per year
5 years
+67.70%
Cumulative, not per year
Largest decline in 3 years
-17.71%
From a previous high to a later low
Cumulative return, last three years· Aug 2023 – May 2026

Volatility over the last 12 months: 13.91%. 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 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
Expense ratio, by class
0.00%· FSOPX 0.00%
Portfolio turnover
43.00% 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

2026 Q3 vs 2026 Q2

Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.

45 new· the largest 8

SILICON MOTION TECH CORP
NATIONAL ENERGY SERVICES REUNITED CORP

37 exited· the largest 8

THERMON GROUP HLDGS INC
NUVALENT INCNUVL
CRINETICS PHARMACEUTICALS INCCRNX
Connected research

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