Fidelity Series Stock Selector Large Cap Value Fund
Fidelity Devonshire Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Series Stock Selector Large Cap Value Fund is an actively managed U.S. equity fund. 3% of FBLEX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 88% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q1
Fidelity Series Stock Selector Large Cap Value Fund seeks long-term growth of capital.
The fund invests at least 80% of assets in stocks of large-capitalization companies that the adviser identifies as undervalued using metrics such as free cash flow yield, enterprise value relative to earnings, and price-to-book or price-to-earnings ratios compared to equity market medians. The fund employs multiple Fidelity managers who allocate across market sectors using fundamental analysis of financial condition, industry position, and economic conditions. Because returns depend on the adviser's selection of which companies meet its value criteria, fund performance may diverge from that of value indices or the broader market.
| Share class | Expense ratio |
|---|---|
| FBLEX | 0.00% |
Portfolio turnover 76.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.42% |
| Cash & short-term | 1.81% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 17.7% |
| Industrials | 12.8% |
| Health Care | 10.2% |
| Communication Services | 8.5% |
| 10 smaller | 50.8% |
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
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
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| GOOGL | ALPHABET INCGOOGL | 5.08% | $384.80 | $797.63M | 2.1M |
| XOM | EXXON MOBIL CORPXOM | 2.85% | $154.33 | $446.32M | 2.9M |
| AMZN | AMAZON.COM INCAMZN | 2.67% | $265.06 | $419.38M | 1.6M |
| WDC | WESTERN DIGITAL CORPWDC | 2.40% | $434.52 | $376.40M | 866.2K |
| — | ISHARES TR | 2.06% | $231.25 | $323.94M | 1.4M |
| CMI | CUMMINS INCCMI | 2.04% | $671.01 | $319.27M | 475.8K |
| BAC | BANK OF AMERICA CORPORATIONBAC | 2.02% | $53.46 | $316.37M | 5.9M |
| BA | BOEING COBA | 1.91% | $229.03 | $299.05M | 1.3M |
| JNJ | JOHNSON and JOHNSONJNJ | 1.89% | $229.85 | $296.23M | 1.3M |
| WAB | WESTINGHOUSE AIR BRAKE TECH CORPWAB | 1.72% | $269.89 | $269.96M | 1.0M |
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 24.63% of net assets, top 25 44.33%, across 154 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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