Fidelity Small Cap Growth Fund

Fidelity Securities Fund · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FCPGXFCAGXFCCGXFCTGXFCIGXFIDGX
$8.43B NAV
316 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Small Cap Growth 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 Small Cap Growth Fund seeks capital appreciation.

Strategy · summarised

The fund invests primarily in common stocks of small-capitalization companies with above-average growth potential, selected through fundamental analysis of financial condition, industry position, and growth metrics such as earnings or sales growth rates relative to market median, research and development intensity, or capital-raising activity. At least 80% of assets are allocated to growth companies with small market capitalizations similar to those in the Russell 2000 Index or S&P SmallCap 600 Index. The fund may hold both domestic and foreign issuers.

Expenses
0.80% 1.92%across 6 share classes
Share classExpense ratio
FCPGX0.88%
FCAGX1.17%
FCCGX1.92%
FCTGX1.42%
FCIGX0.92%
FIDGX0.80%

Portfolio turnover 77.00% · as of 2025 Q3

Allocation

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

105.22%
of net assets
Stocks99.69%
Cash & short-term5.51%
Bonds0.02%

These positions come to 105.22% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials24.0%
Health Care23.5%
Information Technology16.2%
International8.8%
10 smaller27.5%

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: 50 new57 exited

Largest new: DOCN, MOD, DAVE, TEX, TWST, FORM, LASR, ADEA

Largest exited: WHD, REV GROUP INC, LITE, LIF, SOLENO THERAPEUTICS INC, SGI, WAVE LIFE SCIENCES LTD, ARCELLX INC

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+42.77%+72.04%+37.53%16.87%-18.85%
+42.34%-53.65%-91.10%16.83%-67.44%
+41.28%+34.51%-16.67%16.88%-21.57%
+41.99%-22.73%-74.00%16.84%-45.58%
+42.73%+71.91%+37.33%16.86%-18.85%
+42.90%+72.46%+38.25%16.88%-18.83%

These classes hold the same portfolio, so the 129.35pp spread over 5 years is the cost difference between them — roughly 25.87pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
0.00%
Avg maturity
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

100%
floating
Floating rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

10y+
10y+100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

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

Issuer%NAVValue
Fidelity Revere Street Trust5.16%$434.59M
BLOOM ENERGY CORPBE3.59%$302.39M
FABRINET1.92%$162.09M
CREDO TECHNOLOGY GROUP HOLDING LTD1.69%$142.12M
NEXTPOWER INCNXT1.52%$127.92M
BRIGHTSPRING HEALTH SERVICES INCBTSG1.37%$115.77M
ADVANCED ENERGY INDUSTRIES INCAEIS1.31%$110.07M
STERLING INFRASTRUCTURE INCSTRL1.21%$102.20M
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INCMTSI1.20%$100.73M
COGENT BIOSCIENCES INCCOGT1.07%$89.80M
Showing 10 of 316Sign 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 20.03% of net assets, top 25 32.45%, across 299 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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