Select Semiconductors Portfolio

Fidelity Select Portfolios · Series S000007458 · 1 share classes

Equity fund · 98% stocks
One fund, 1 share classes:FSELX
$51.35B NAV
70 positions · as of 2026-05-31 · filed 2026-07-24
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

Semiconductors Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of companies principally engaged in designing, manufacturing, or selling semiconductors and semiconductor equipment, selected through fundamental analysis of financial condition, industry position, and market conditions. Because security selection depends on the manager's analysis rather than a fixed rule, fund holdings and performance may diverge from the semiconductor industry overall.

Expenses
0.60%one share class
Share classExpense ratio
FSELX0.60%

Portfolio turnover 87.00% · as of 2026 Q2

Allocation

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

100.41%
of net assets
Stocks97.61%
Cash & short-term2.79%
Bonds0.01%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 9 new2 exited

Largest new: KLAC, SNDK, CBRS, CEREBRAS SYSTEMS INC, ELEMENT LABS LTD, CREDO TECHNOLOGY GROUP HOLDING LTD, NEARFIELD INSTRUMENTS BV, XSIGHT LABS LTD

Largest exited: CEREBRAS SYSTEMS INC ×2

Return profile

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

1-year
+154.19%
3-year
+319.24%
5-year
+398.08%
Volatility
39.50%
Worst 3-yr fall
-20.28%
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.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
0.15%
Avg maturity
0.59 yr
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.

0%
floating
Fixed rate100.0%
Maturity ladder

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

<1y
<1y100.0%
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
NVIDIA CORPNVDA22.12%$11.36B
BROADCOM INCAVGO12.99%$6.67B
MARVELL TECHNOLOGY INCMRVL7.44%$3.82B
NXP SEMICONDUCTORS NV5.81%$2.98B
ON SEMICONDUCTOR CORPON5.22%$2.68B
MONOLITHIC POWER SYSTEMS INCMPWR5.19%$2.66B
ASTERA LABS INCALAB5.11%$2.62B
GLOBALFOUNDRIES INC4.71%$2.42B
ASML HOLDING NV4.60%$2.36B
LAM RESEARCH CORPLRCX3.28%$1.69B
Showing 10 of 70Sign 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 76.46% of net assets, top 25 98.22%, across 48 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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