Select Retailing Portfolio

Fidelity Select Portfolios · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:FSRPX
$2.35B NAV
50 positions · as of 2026-05-31 · filed 2026-07-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Select Retailing Portfolio is an actively managed U.S. equity fund. 2% of FSRPX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

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

Retailing Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of companies principally engaged in retail merchandising to consumers, including department stores, online retailers, specialty retailers in apparel and electronics, and retail food stores, selecting securities through fundamental analysis of financial condition, industry position, and market conditions. The fund may invest in both domestic and foreign issuers and may use derivatives to gain exposure to retail securities or market risk factors.

Expenses
0.63%one share class
Share classExpense ratio
FSRPX0.63%

Portfolio turnover 46.00% · as of 2026 Q2

Allocation

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

102.60%
of net assets
Stocks98.73%
Cash & short-term3.87%

Sector allocation

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

100%
of net assets
Consumer Discretionary68.4%
Consumer Staples25.4%
Cash3.8%
International2.4%

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).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
2%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
37%of stock holdings in top-quartile growers
covering 94% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 11 new3 exited

Largest new: EBAY, BURL, SFM, RL, BOOT, KTB, SIGNET JEWELERS LTD, VFC

Exited: OLLI, LULU, GO

Return profile

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

1-year
+19.88%
3-year
+58.91%
5-year
+24.73%
Volatility
12.48%
Worst 3-yr fall
-13.67%
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
AMAZON.COM INCAMZN27.84%$653.18M
WALMART INCWMT10.10%$236.96M
COSTCO WHOLESALE CORPCOST6.62%$155.31M
LOWES COS INCLOW5.69%$133.50M
ROSS STORES INCROST3.14%$73.77M
TJX COMPANIES INCTJX2.89%$67.78M
OREILLY AUTOMOTIVE INCORLY2.83%$66.29M
TARGET CORPTGT2.69%$63.10M
Fidelity Revere Street Trust2.59%$60.80M
DOLLAR TREE INCDLTR2.54%$59.63M
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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 66.93% of net assets, top 25 87.00%, across 49 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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