Fidelity Small Cap Discovery Fund
Fidelity Concord Street Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Small Cap Discovery Fund is an actively managed U.S. equity fund. 31% of FSCRX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 87% 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 Q2
Fidelity Small Cap Discovery Fund seeks long-term growth of capital.
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 of financial condition, industry position, and market conditions to select both growth and value stocks across domestic and foreign issuers.
| Share class | Expense ratio |
|---|---|
| FSCRX | 0.66% |
Portfolio turnover 64.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.26% |
| Cash & short-term | 3.88% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 21.5% |
| Information Technology | 18.3% |
| Financials | 14.3% |
| Health Care | 12.7% |
| 9 smaller | 33.2% |
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 |
|---|---|---|---|---|---|
| SANM | SANMINA CORPSANM | 4.23% | $217.82 | $93.58M | 429.6K |
| IESC | IES HOLDINGS INCIESC | 3.35% | $644.08 | $74.27M | 115.3K |
| ONB | OLD NATIONAL BANCORP (IND)ONB | 2.82% | $23.97 | $62.44M | 2.6M |
| — | FABRINET | 2.77% | $683.47 | $61.44M | 89.9K |
| LNTH | LANTHEUS HOLDINGS INCLNTH | 2.60% | $84.62 | $57.62M | 681.0K |
| LAUR | LAUREATE EDUCATION INCLAUR | 2.37% | $30.10 | $52.58M | 1.7M |
| BRC | BRADY CORPORATIONBRC | 2.25% | $81.82 | $49.93M | 610.2K |
| DXPE | DXP ENTERPRISES INCDXPE | 2.20% | $170.75 | $48.67M | 285.0K |
| — | Fidelity Revere Street Trust | 2.19% | — | $48.46M | — |
| ASO | ACADEMY SPORTS and OUTDOORS INCASO | 2.13% | $54.84 | $47.28M | 862.2K |
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 26.93% of net assets, top 25 48.11%, across 161 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.
Sign in free