VIP Stock Selector Portfolio

Variable Insurance Products Fund

Actively managed U.S. equity fund
$5.00B NAV
388 positions · as of 2026-06-30 · filed 2026-08-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

VIP Stock Selector Portfolio is an actively managed U.S. equity fund. 23% of VIP Stock Selector Portfolio’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).

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

Fund profile

As filed in the prospectus · 2026 Q2

VIP Stock Selector Portfolio seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in stocks selected through fundamental analysis of financial condition, industry position, and market conditions, with exposure across all major market sectors and both growth and value styles, using multiple Fidelity managers. The fund holds both domestic and foreign issuers. Because security selection depends on each manager's analysis, fund performance will diverge from any benchmark.

Expenses
0.45% 0.70%across 4 share classes
Share classExpense ratio
C0002312420.52%
C0002312430.45%
C0002312440.55%
C0002312450.70%

Portfolio turnover 56.00% · as of 2026 Q2

Allocation

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

100.09%
of net assets
Stocks98.63%
Cash & short-term1.37%
Bonds0.09%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

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

100%
of net assets
Information Technology33.3%
Financials10.9%
Communication Services10.2%
Consumer Discretionary9.1%
11 smaller36.5%

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
23%of stock holdings in top-quartile growers
covering 92% of the fund’s equity
Earnings growth
28%of stock holdings in top-quartile growers
covering 82% 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: 69 new50 exited

Largest new: INTC, PANW, NFLX, DIS, CRWD, WDC, ANTHROPIC PBC, A

Largest exited: T, ECHO, ASCENDIS PHARMA A/S, MCK, EXC, TAIWAN SEMICONDUCTOR MFG CO LTD, VZ, NTRS

Return profile

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

1-year
+39.04%
3-year
+79.21%
5-year
54 of 60 months
Volatility
14.69%
Worst 3-yr fall
-10.42%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
0.01%
Avg maturity
0.04 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 CORPNVDA8.17%$408.37M
ALPHABET INCGOOGL7.02%$350.71M
APPLE INCAAPL5.84%$291.80M
AMAZON.COM INCAMZN4.01%$200.62M
MICROSOFT CORPMSFT3.70%$184.96M
BROADCOM INCAVGO2.68%$134.02M
MICRON TECHNOLOGY INCMU2.19%$109.72M
TESLA INCTSLA1.69%$84.57M
MASTERCARD INCMA1.66%$82.84M
META PLATFORMS INCMETA1.52%$76.21M
Showing 10 of 388Sign in to see more

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.

Top 10 positions are 38.49% of net assets, top 25 52.99%, across 371 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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