Select Energy Portfolio

Fidelity Select Portfolios · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:FSENXFFNWXFFOHXFFOEXFFOBXFFNVX
$3.67B NAV
36 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Select Energy Portfolio is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2026 Q2

Energy Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of companies principally engaged in energy production and services, including oil, gas, coal, electricity, and alternative sources such as nuclear and solar power. The manager uses fundamental analysis of financial condition, industry position, and market conditions to select holdings. Because the fund's classification of companies as energy-focused relies on third-party industry classifications or the proportion of assets and income each company derives from energy activities, a company's eligibility may shift as its business mix changes.

Expenses
0.56% 1.68%across 6 share classes
Share classExpense ratio
FSENX0.65%
FFNWX0.68%
FFOHX0.56%
FFOEX1.68%
FFOBX0.93%
FFNVX1.18%

Portfolio turnover 14.00% · as of 2026 Q2

Allocation

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

99.75%
of net assets
Stocks99.32%
Cash & short-term0.43%

Sector allocation

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

100%
of net assets
Energy81.3%
International12.4%
Utilities5.6%
Cash0.4%
Industrials0.2%

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).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 5 new4 exited

New: HAL, WEATHERFORD INTERNATIONAL PLC, WTTR, CES ENERGY SOLUTIONS CORP, FLOC

Exited: OXY, PSX, VG, NOG

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+66.38%+65.52%+218.61%17.31%-16.37%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

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

Issuer%NAVValue
EXXON MOBIL CORPXOM23.52%$862.76M
CHEVRON CORP NEWCVX11.10%$406.92M
MARATHON PETROLEUM CORPMPC5.13%$188.14M
CENOVUS ENERGY INCCVE4.75%$174.38M
TECHNIPFMC PLC4.22%$154.91M
VALERO ENERGY CORPVLO3.98%$145.94M
SLB LTDSLB3.89%$142.71M
BAKER HUGHES COBKR3.89%$142.56M
ENERGY TRANSFER LP3.69%$135.37M
CHENIERE ENERGY INCLNG3.44%$126.01M
Showing 10 of 36Sign in to see more

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.

Top 10 positions are 67.61% of net assets, top 25 96.43%, across 35 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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