VIP Growth Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, VIP Growth Portfolio held 145 positions with $12.48B in net assets. Its ten largest holdings made up 50.5% of the fund. The QVG2Q share class costs 0.8% a year. Over the 12 months to May 2026, QVG2Q returned 31.0%, with dividends reinvested. In 2026 Q2 it added 25 new positions and exited 33.
VIP Growth Portfolio seeks to achieve capital appreciation.
The fund invests at least 80% of assets in common stocks of growth companies, selected through fundamental analysis of financial condition, industry position, and market factors; growth potential is identified using metrics such as earnings or sales growth above the equity market median, elevated research and development spending, third-party growth classifications, or capital-raising activity. The fund holds both domestic and foreign issuers and may use derivatives to gain exposure to these investments. Because security selection depends on the adviser's assessment of growth potential across multiple criteria, fund holdings and performance may diverge from growth-focused benchmarks.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 13.72% | $1.71B | 8.6M | $200.09 |
GOOGLALPHABET INC | 10.46% | $1.31B | 3.7M | $357.37 |
AAPLAPPLE INC | 5.03% | $627.98M | 2.2M | $289.36 |
AVGOBROADCOM INC | 4.30% | $536.84M | 1.4M | $377.75 |
3.57% | $445.45M | 371.4K | $1,199.43 | |
TSMTAIWAN SEMICONDUCTOR MFG CO LTD | 3.32% | $413.86M | 866.6K | $477.57 |
2.82% | $352.44M | 606.7K | $580.91 | |
2.59% | $323.78M | 280.5K | $1,154.29 | |
TSLATESLA INC | 2.41% | $300.58M | 714.6K | $420.60 |
AMZNAMAZON.COM INC | 2.27% | $282.69M | 1.2M | $238.34 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 145 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 | 99.15% |
| Cash & short-term | 0.47% |
By sector
- Information Technology
- 45.5%
- Communication Services
- 13.0%
- International
- 11.7%
- Industrials
- 8.1%
- 9 other sectors
- 21.7%
- Information Technology
- 45.5%
- Communication Services
- 13.0%
- International
- 11.7%
- Industrials
- 8.1%
- Health Care
- 6.7%
- Consumer Discretionary
- 5.9%
- Financials
- 3.8%
- Other
- 2.2%
- Materials
- 1.5%
- Energy
- 0.8%
- Cash
- 0.5%
- Utilities
- 0.2%
- Real Estate
- 0.2%
How it has done
C000020971 share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.76%. Past returns are a record, not a forecast.
Jun 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.
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
VIP Growth Portfolio is an actively managed U.S. equity fund. 39% of QVG2Q’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 86% 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
- 0.55% – 0.80%· QVG2Q 0.80%
- Portfolio turnover
- 81.00% 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.
25 new· the largest 8
33 exited· the largest 8
Understand how this fund fits with the rest.
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