Fidelity Small Cap Discovery Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Small Cap Discovery Fund held 162 positions with $2.21B in net assets. Its ten largest holdings made up 26.9% of the fund. The FSCRX share class costs 0.66% a year. Over the 12 months to May 2026, FSCRX returned 30.2%, with dividends reinvested. In 2026 Q3 it added 29 new positions and exited 26.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
SANMSANMINA CORP | 4.23% | $93.58M | 429.6K | $217.82 |
IESCIES HOLDINGS INC | 3.35% | $74.27M | 115.3K | $644.08 |
2.82% | $62.44M | 2.6M | $23.97 | |
FABRINET | 2.77% | $61.44M | 89.9K | $683.47 |
2.60% | $57.62M | 681.0K | $84.62 | |
2.37% | $52.58M | 1.7M | $30.10 | |
2.25% | $49.93M | 610.2K | $81.82 | |
2.20% | $48.67M | 285.0K | $170.75 | |
Fidelity Revere Street Trust | 2.19% | $48.46M | — | — |
2.13% | $47.28M | 862.2K | $54.84 |
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.
All 162 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 | 98.26% |
| Cash & short-term | 3.88% |
By sector
- Industrials
- 22.1%
- Information Technology
- 16.3%
- Health Care
- 14.9%
- Financials
- 14.8%
- 8 other sectors
- 32.0%
- Industrials
- 22.1%
- Information Technology
- 16.3%
- Health Care
- 14.9%
- Financials
- 14.8%
- Consumer Discretionary
- 11.9%
- International
- 5.7%
- Materials
- 5.6%
- Energy
- 3.3%
- Cash
- 3.3%
- Consumer Staples
- 1.0%
- Real Estate
- 0.8%
- Utilities
- 0.4%
How it has done
FSCRX share class · total returns with dividends reinvested
Volatility over the last 12 months: 14.60%. 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 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
- Expense ratio, by class
- 0.66%· FSCRX 0.66%
- Portfolio turnover
- 64.00% a year · as of 2026 Q2
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.
29 new· the largest 8
26 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 — FSCRX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
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