Select Software and IT Services Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, Select Software and IT Services Portfolio held 59 positions with $7.53B in net assets. Its ten largest holdings made up 59.5% of the fund. The FSCSX share class costs 0.61% a year. Over the 12 months to May 2026, FSCSX lost 0.9%, with dividends reinvested. In 2026 Q2 it added 7 new positions and exited 5.
Software and IT Services Portfolio seeks capital appreciation.
The fund invests at least 80% of assets in common stocks of companies principally engaged in software development, information technology services, cloud-based software, or bitcoin mining, using fundamental analysis of financial condition and industry position to select holdings. The fund may invest in domestic and foreign issuers and may use derivatives to gain exposure to these investments. Because security selection depends on the manager's analysis, fund holdings and performance may diverge from the broader software and IT services market.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
MSFTMICROSOFT CORP | 24.44% | $1.84B | 4.1M | $450.24 |
5.30% | $398.98M | 1.4M | $281.69 | |
DDOGDATADOG INC | 4.77% | $359.16M | 1.5M | $247.35 |
4.08% | $307.54M | 2.0M | $156.54 | |
3.99% | $300.35M | 1.6M | $191.10 | |
ORCLORACLE CORP | 3.84% | $289.00M | 1.3M | $225.78 |
TWLOTWILIO INC | 3.56% | $268.55M | 1.4M | $190.64 |
SNOWSNOWFLAKE INC | 3.38% | $254.99M | 997.8K | $255.55 |
SNPSSYNOPSYS INC | 3.25% | $244.54M | 514.1K | $475.62 |
2.91% | $219.10M | 357.4K | $613.09 |
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 59 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 | 99.74% |
| Cash & short-term | 1.41% |
By sector
- Information Technology
- 91.4%
- Consumer Discretionary
- 2.8%
- International
- 1.9%
- Cash
- 1.4%
- 3 other sectors
- 2.5%
- Information Technology
- 91.4%
- Consumer Discretionary
- 2.8%
- International
- 1.9%
- Cash
- 1.4%
- Communication Services
- 1.3%
- Other
- 0.7%
- Financials
- 0.5%
How it has done
FSCSX share class · total returns with dividends reinvested
Volatility over the last 12 months: 31.52%. Past returns are a record, not a forecast.
Fees & fund details
Select Software and IT Services Portfolio is an actively managed U.S. equity fund. 44% of FSCSX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% 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
- 0.61%· FSCSX 0.61%
- Portfolio turnover
- 62.00% a year · as of 2026 Q2
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.
7 new
5 exited
Understand how this fund fits with the rest.
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