Invesco Discovery Large Cap Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Invesco Discovery Large Cap Fund held 55 positions with $6.34B in net assets. Its ten largest holdings made up 53.0% of the fund. Its share classes cost 0.63%–1.7% a year. Over the 12 months to May 2026, it returned 25.2%, with dividends reinvested. In 2026 Q2 it added 14 new positions and exited 13.
The Funds investment objective is to seek capital appreciation.
The fund invests at least 80% of its net assets in common stocks of large-cap growth companies, identified through bottom-up fundamental analysis of individual issuers for characteristics including industry leadership, market share growth, management quality, and sustainable competitive advantages. Because the fund is non-diversified, it may concentrate a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund. The fund invests primarily in U.S. companies but has no limits on foreign securities, including emerging markets.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp. | 11.05% | $700.53M | 3.3M | $211.14 |
GOOGAlphabet Inc. | 8.01% | $507.69M | 1.3M | $376.43 |
AMZNAmazon.com, Inc. | 6.49% | $411.02M | 1.5M | $270.64 |
AAPLApple Inc. | 5.72% | $362.60M | 1.2M | $312.06 |
AVGOBroadcom Inc. | 4.93% | $312.64M | 699.8K | $446.77 |
4.02% | $255.01M | 801.5K | $318.18 | |
MSFTMicrosoft Corp. | 3.59% | $227.60M | 505.5K | $450.24 |
TSMTaiwan Semiconductor Manufacturing Co. Ltd. | 3.19% | $202.29M | 483.4K | $418.45 |
3.13% | $198.16M | 384.0K | $516.10 | |
2.82% | $178.46M | 335.9K | $531.21 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 55 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 | 99.38% |
| Cash & short-term | 0.62% |
By sector
- Information Technology
- 43.2%
- Industrials
- 15.5%
- Communication Services
- 11.7%
- Consumer Discretionary
- 10.7%
- 8 other sectors
- 18.9%
- Information Technology
- 43.2%
- Industrials
- 15.5%
- Communication Services
- 11.7%
- Consumer Discretionary
- 10.7%
- International
- 6.7%
- Financials
- 3.3%
- Health Care
- 2.8%
- Energy
- 2.2%
- Consumer Staples
- 1.2%
- Materials
- 1.1%
- Real Estate
- 0.9%
- Cash
- 0.6%
How it has done
C000209169 share class · total returns with dividends reinvested
Volatility over the last 12 months: 18.54%. Past returns are a record, not a forecast.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
Invesco Discovery Large Cap Fund is an actively managed U.S. equity fund. 38% of Invesco Discovery Large Cap Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.63% – 1.70%
- Portfolio turnover
- 63.00% a year · as of 2025 Q4
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.
14 new· the largest 8
13 exited· the largest 8
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