Fidelity Small Cap Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Small Cap Growth Fund held 316 positions with $8.43B in net assets. Its ten largest holdings made up 20.0% of the fund. The FCPGX share class costs 0.88% a year. Over the 12 months to May 2026, FCPGX returned 41.2%, with dividends reinvested. In 2026 Q3 it added 107 new positions and exited 58.
Fidelity Small Cap Growth Fund seeks capital appreciation.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Revere Street Trust | 5.16% | $434.59M | — | — |
3.59% | $302.39M | 1.1M | $283.36 | |
FABRINET | 1.92% | $162.09M | 237.2K | $683.47 |
CREDO TECHNOLOGY GROUP HOLDING LTD | 1.69% | $142.12M | 816.8K | $174.01 |
1.52% | $127.92M | 1.1M | $119.13 | |
1.37% | $115.77M | 2.4M | $47.97 | |
1.31% | $110.07M | 286.7K | $383.91 | |
1.21% | $102.20M | 198.2K | $515.62 | |
1.20% | $100.73M | 357.7K | $281.61 | |
1.07% | $89.80M | 2.5M | $35.79 |
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 316 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 | 99.69% |
| Cash & short-term | 5.51% |
| Bonds | 0.02% |
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%.
By sector
- Health Care
- 28.4%
- Industrials
- 17.6%
- Information Technology
- 14.3%
- Consumer Discretionary
- 8.5%
- 10 other sectors
- 31.3%
- Health Care
- 28.4%
- Industrials
- 17.6%
- Information Technology
- 14.3%
- Consumer Discretionary
- 8.5%
- Financials
- 7.9%
- International
- 7.7%
- Cash
- 5.7%
- Other
- 2.7%
- Real Estate
- 2.1%
- Consumer Staples
- 1.6%
- Energy
- 1.3%
- Materials
- 1.2%
- Communication Services
- 0.8%
- Utilities
- 0.3%
How it has done
FCPGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.71%. 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.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.88% | +41.23% | +84.23% | +48.49% | -18.85% | |
| 1.17% | +40.79% | +82.62% | +46.41% | -18.94% | |
| 1.92% | +39.70% | +79.65% | +42.80% | -19.17% | |
| 1.42% | +40.46% | +81.17% | +44.51% | -19.02% | |
| 0.92% | +41.16% | +84.08% | +48.24% | -18.85% | |
| 0.80% | +41.30% | +84.64% | +49.26% | -18.83% |
These classes hold the same portfolio, so the 6.46pp spread over 5 years is the cost difference between them — roughly 1.29pp a year — not a difference in what they own.
Fees & fund details
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
- Expense ratio, by class
- 0.80% – 1.92%· FCPGX 0.88%
- Portfolio turnover
- 77.00% 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
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
107 new· the largest 8
58 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Floating rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 10y+ | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
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 — FCPGX, QQQ and the fund in my 401(k)?”
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