UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-00215
Fidelity Hastings Street Trust
(Exact name of registrant as specified in charter)
245 Summer St., Boston, MA 02210
(Address of principal executive offices) (Zip code)
Nicole Macarchuk, Secretary
245 Summer St.
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant's telephone number, including area code:
617-563-7000
Date of fiscal year end: | June 30 |
|
|
Date of reporting period: | December 31, 2025 |
Item 1.
Reports to Stockholders
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
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|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Fidelity® Series Large Cap Stock Fund
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Health Care
|
||
Energy
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 98.2
|
|
Preferred Stocks - 0.1
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 1.7
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 91.0
|
|
Canada - 2.0
|
|
Zambia - 1.3
|
|
Belgium - 1.2
|
|
United Kingdom - 1.2
|
|
Germany - 0.8
|
|
Taiwan - 0.7
|
|
Netherlands - 0.7
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Wells Fargo & Co
|
||
Boeing Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Exxon Mobil Corp
|
||
Alphabet Inc Class A
|
||
Bank of America Corp
|
||
Alphabet Inc Class C
|
||
45.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915162.101 2457-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Fidelity® Mega Cap Stock Fund
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915160.101 361-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class Z
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915159.101 2537-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class M
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915157.101 2037-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class I
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915158.101 2038-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class C
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915156.101 2036-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class A
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Industrials
|
||
Financials
|
||
Communication Services
|
||
Energy
|
||
Health Care
|
||
Consumer Staples
|
||
Consumer Discretionary
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 93.2
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 6.8
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 92.6
|
|
Canada - 1.4
|
|
United Kingdom - 1.2
|
|
Taiwan - 1.1
|
|
Zambia - 0.8
|
|
Belgium - 0.7
|
|
Germany - 0.6
|
|
Netherlands - 0.5
|
|
France - 0.4
|
|
Others - 0.7
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Boeing Co
|
||
Wells Fargo & Co
|
||
GE Aerospace
|
||
GE Vernova Inc
|
||
Alphabet Inc Class A
|
||
Exxon Mobil Corp
|
||
Apple Inc
|
||
Alphabet Inc Class C
|
||
46.6
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915155.101 2034-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Fidelity® Growth Discovery Fund
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Communication Services
|
||
Consumer Discretionary
|
||
Financials
|
||
Health Care
|
||
Industrials
|
||
Materials
|
||
Consumer Staples
|
||
Utilities
|
||
Real Estate
|
||
Energy
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 99.0
|
|
Preferred Stocks - 0.8
|
|
Preferred Securities - 0.0
|
|
Bonds - 0.0
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 0.2
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 91.1
|
|
Taiwan - 2.9
|
|
Canada - 1.7
|
|
China - 1.0
|
|
Korea (South) - 1.0
|
|
Belgium - 0.9
|
|
Netherlands - 0.4
|
|
Germany - 0.4
|
|
Brazil - 0.4
|
|
Others - 0.2
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Alphabet Inc Class A
|
||
Apple Inc
|
||
Amazon.com Inc
|
||
Broadcom Inc
|
||
Meta Platforms Inc Class A
|
||
Mastercard Inc Class A
|
||
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
||
Eli Lilly & Co
|
||
58.7
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915154.101 339-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class K
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Communication Services
|
||
Consumer Discretionary
|
||
Financials
|
||
Health Care
|
||
Industrials
|
||
Materials
|
||
Consumer Staples
|
||
Utilities
|
||
Real Estate
|
||
Energy
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 99.0
|
|
Preferred Stocks - 0.8
|
|
Preferred Securities - 0.0
|
|
Bonds - 0.0
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 0.2
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 91.1
|
|
Taiwan - 2.9
|
|
Canada - 1.7
|
|
China - 1.0
|
|
Korea (South) - 1.0
|
|
Belgium - 0.9
|
|
Netherlands - 0.4
|
|
Germany - 0.4
|
|
Brazil - 0.4
|
|
Others - 0.2
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Microsoft Corp
|
||
Alphabet Inc Class A
|
||
Apple Inc
|
||
Amazon.com Inc
|
||
Broadcom Inc
|
||
Meta Platforms Inc Class A
|
||
Mastercard Inc Class A
|
||
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
||
Eli Lilly & Co
|
||
58.7
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915153.101 2091-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Fidelity® Fund
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Communication Services
|
||
Financials
|
||
Consumer Discretionary
|
||
Health Care
|
||
Industrials
|
||
Consumer Staples
|
||
Energy
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 99.3
|
|
Preferred Stocks - 0.1
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 0.6
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 97.9
|
|
Canada - 1.0
|
|
Belgium - 0.4
|
|
United Kingdom - 0.4
|
|
Netherlands - 0.3
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Alphabet Inc Class A
|
||
Microsoft Corp
|
||
Amazon.com Inc
|
||
Meta Platforms Inc Class A
|
||
Apple Inc
|
||
Bank of America Corp
|
||
Mastercard Inc Class A
|
||
Wells Fargo & Co
|
||
Coca-Cola Co/The
|
||
53.3
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915151.101 3-TSRS-0226
|
|
SEMI-ANNUAL SHAREHOLDER REPORT | AS OF
|
||
|
|
||
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
||
Class K
|
$
|
KEY FACTS
|
||
Fund Size
|
$
|
|
Number of Holdings
|
||
Portfolio Turnover
|
MARKET SECTORS
(% of Fund's net assets)
|
||
Information Technology
|
||
Communication Services
|
||
Financials
|
||
Consumer Discretionary
|
||
Health Care
|
||
Industrials
|
||
Consumer Staples
|
||
Energy
|
||
Materials
|
||
Utilities
|
||
Real Estate
|
||
ASSET ALLOCATION (% of Fund's net assets)
|
|
Common Stocks - 99.3
|
|
Preferred Stocks - 0.1
|
|
Short-Term Investments and Net Other Assets (Liabilities) - 0.6
|
|
GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets)
|
|
United States - 97.9
|
|
Canada - 1.0
|
|
Belgium - 0.4
|
|
United Kingdom - 0.4
|
|
Netherlands - 0.3
|
|
TOP HOLDINGS (% of Fund's net assets) |
||
NVIDIA Corp
|
||
Alphabet Inc Class A
|
||
Microsoft Corp
|
||
Amazon.com Inc
|
||
Meta Platforms Inc Class A
|
||
Apple Inc
|
||
Bank of America Corp
|
||
Mastercard Inc Class A
|
||
Wells Fargo & Co
|
||
Coca-Cola Co/The
|
||
53.3
|
Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2026 FMR LLC. All rights reserved.
|
||
![]() |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit fundresearch.fidelity.com/prospectus/sec
1.9915150.101 2088-TSRS-0226
|
|
Item 2.
Code of Ethics
Not applicable.
Item 3.
Audit Committee Financial Expert
Not applicable.
Item 4.
Principal Accountant Fees and Services
Not applicable.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable
Item 7.
Financial Statements and Financial Highlights for Open-End Management Investment Companies


Contents
Common Stocks - 98.2%
|
|||
Shares
|
Value ($)
|
||
AUSTRALIA - 0.1%
|
|||
Energy - 0.1%
|
|||
Oil, Gas & Consumable Fuels - 0.1%
|
|||
Santos Ltd
|
6,090,843
|
25,079,348
|
|
BELGIUM - 1.2%
|
|||
Health Care - 1.2%
|
|||
Pharmaceuticals - 1.2%
|
|||
UCB SA
|
1,076,100
|
301,741,368
|
|
CANADA - 2.0%
|
|||
Energy - 1.6%
|
|||
Oil, Gas & Consumable Fuels - 1.6%
|
|||
Athabasca Oil Corp (c)
|
7,492,000
|
38,372,926
|
|
Imperial Oil Ltd (b)
|
3,917,400
|
338,439,614
|
|
TOTAL ENERGY
|
376,812,540
|
||
Industrials - 0.4%
|
|||
Aerospace & Defense - 0.4%
|
|||
Bombardier Inc Class B (c)
|
596,500
|
101,477,360
|
|
TOTAL CANADA
|
478,289,900
|
||
DENMARK - 0.3%
|
|||
Health Care - 0.3%
|
|||
Pharmaceuticals - 0.3%
|
|||
Novo Nordisk A/S Class B ADR (b)
|
1,272,600
|
64,749,888
|
|
FRANCE - 0.4%
|
|||
Consumer Staples - 0.1%
|
|||
Beverages - 0.1%
|
|||
Pernod Ricard SA
|
415,400
|
35,685,818
|
|
Industrials - 0.3%
|
|||
Aerospace & Defense - 0.3%
|
|||
Airbus SE
|
305,900
|
71,037,318
|
|
TOTAL FRANCE
|
106,723,136
|
||
GERMANY - 0.8%
|
|||
Information Technology - 0.8%
|
|||
Software - 0.8%
|
|||
SAP SE ADR
|
754,246
|
183,213,896
|
|
ITALY - 0.1%
|
|||
Consumer Staples - 0.1%
|
|||
Beverages - 0.1%
|
|||
Davide Campari-Milano NV (b)
|
3,000,200
|
19,526,075
|
|
KOREA (SOUTH) - 0.0%
|
|||
Information Technology - 0.0%
|
|||
Semiconductors & Semiconductor Equipment - 0.0%
|
|||
SK Hynix Inc
|
21,150
|
9,573,853
|
|
NETHERLANDS - 0.7%
|
|||
Communication Services - 0.2%
|
|||
Entertainment - 0.2%
|
|||
Universal Music Group NV
|
1,970,081
|
51,359,690
|
|
Health Care - 0.1%
|
|||
Biotechnology - 0.1%
|
|||
Argenx SE ADR (c)
|
24,200
|
20,350,990
|
|
Information Technology - 0.4%
|
|||
Semiconductors & Semiconductor Equipment - 0.4%
|
|||
ASML Holding NV depository receipt
|
42,900
|
45,896,994
|
|
BE Semiconductor Industries NV
|
294,212
|
46,245,125
|
|
TOTAL INFORMATION TECHNOLOGY
|
92,142,119
|
||
TOTAL NETHERLANDS
|
163,852,799
|
||
SPAIN - 0.1%
|
|||
Communication Services - 0.1%
|
|||
Diversified Telecommunication Services - 0.1%
|
|||
Cellnex Telecom SA (e)(f)
|
915,000
|
29,464,522
|
|
SWEDEN - 0.1%
|
|||
Industrials - 0.1%
|
|||
Machinery - 0.1%
|
|||
Atlas Copco AB A Shares
|
1,579,300
|
28,115,612
|
|
TAIWAN - 0.7%
|
|||
Information Technology - 0.7%
|
|||
Semiconductors & Semiconductor Equipment - 0.7%
|
|||
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
587,700
|
178,596,153
|
|
UNITED KINGDOM - 1.2%
|
|||
Consumer Staples - 0.9%
|
|||
Beverages - 0.2%
|
|||
Diageo PLC ADR (b)
|
443,100
|
38,226,237
|
|
Tobacco - 0.7%
|
|||
British American Tobacco PLC ADR
|
2,720,600
|
154,040,372
|
|
TOTAL CONSUMER STAPLES
|
192,266,609
|
||
Financials - 0.0%
|
|||
Capital Markets - 0.0%
|
|||
3i Group PLC
|
219,700
|
9,633,589
|
|
Industrials - 0.3%
|
|||
Aerospace & Defense - 0.3%
|
|||
Rolls-Royce Holdings PLC
|
5,217,500
|
80,692,357
|
|
TOTAL UNITED KINGDOM
|
282,592,555
|
||
UNITED STATES - 89.2%
|
|||
Communication Services - 10.3%
|
|||
Entertainment - 0.3%
|
|||
Walt Disney Co/The
|
784,393
|
89,240,392
|
|
Interactive Media & Services - 9.1%
|
|||
Alphabet Inc Class A
|
2,614,325
|
818,283,725
|
|
Alphabet Inc Class C
|
2,225,160
|
698,255,208
|
|
Meta Platforms Inc Class A
|
1,045,900
|
690,388,131
|
|
2,206,927,064
|
|||
Media - 0.9%
|
|||
Comcast Corp Class A
|
7,024,142
|
209,951,604
|
|
TOTAL COMMUNICATION SERVICES
|
2,506,119,060
|
||
Consumer Discretionary - 3.5%
|
|||
Broadline Retail - 1.2%
|
|||
Amazon.com Inc (c)
|
1,208,300
|
278,899,806
|
|
Hotels, Restaurants & Leisure - 0.7%
|
|||
Booking Holdings Inc
|
6,837
|
36,614,391
|
|
Cava Group Inc (b)(c)
|
245,700
|
14,420,133
|
|
Chipotle Mexican Grill Inc (c)
|
328,500
|
12,154,500
|
|
Marriott International Inc/MD Class A1
|
150,400
|
46,660,096
|
|
Starbucks Corp
|
593,400
|
49,970,214
|
|
Wingstop Inc
|
55,837
|
13,316,566
|
|
173,135,900
|
|||
Household Durables - 0.7%
|
|||
Somnigroup International Inc
|
1,492,300
|
133,232,544
|
|
Whirlpool Corp (b)
|
360,363
|
25,996,587
|
|
159,229,131
|
|||
Specialty Retail - 0.8%
|
|||
Home Depot Inc/The
|
84,800
|
29,179,680
|
|
Lowe's Cos Inc
|
657,207
|
158,492,040
|
|
RH (c)
|
101,593
|
18,200,386
|
|
205,872,106
|
|||
Textiles, Apparel & Luxury Goods - 0.1%
|
|||
Lululemon Athletica Inc (c)
|
19,900
|
4,135,419
|
|
NIKE Inc Class B
|
436,000
|
27,777,560
|
|
31,912,979
|
|||
TOTAL CONSUMER DISCRETIONARY
|
849,049,922
|
||
Consumer Staples - 3.5%
|
|||
Beverages - 1.4%
|
|||
Brown-Forman Corp Class B
|
1,514,986
|
39,480,535
|
|
Coca-Cola Co/The
|
2,270,095
|
158,702,342
|
|
Keurig Dr Pepper Inc
|
5,324,600
|
149,142,046
|
|
347,324,923
|
|||
Consumer Staples Distribution & Retail - 0.8%
|
|||
Performance Food Group Co (c)
|
304,600
|
27,389,632
|
|
Sprouts Farmers Market Inc (c)
|
343,408
|
27,359,315
|
|
Sysco Corp
|
487,700
|
35,938,613
|
|
Target Corp
|
707,900
|
69,197,225
|
|
US Foods Holding Corp (c)
|
403,000
|
30,353,960
|
|
190,238,745
|
|||
Food Products - 0.0%
|
|||
Lamb Weston Holdings Inc
|
1,891
|
79,214
|
|
Mondelez International Inc
|
131,300
|
7,067,879
|
|
7,147,093
|
|||
Household Products - 0.0%
|
|||
Procter & Gamble Co/The
|
96,100
|
13,772,091
|
|
Personal Care Products - 0.8%
|
|||
Estee Lauder Cos Inc/The Class A
|
516,400
|
54,077,408
|
|
Kenvue Inc
|
7,943,411
|
137,023,840
|
|
191,101,248
|
|||
Tobacco - 0.5%
|
|||
Philip Morris International Inc
|
702,300
|
112,648,920
|
|
TOTAL CONSUMER STAPLES
|
862,233,020
|
||
Energy - 6.5%
|
|||
Oil, Gas & Consumable Fuels - 6.5%
|
|||
Chevron Corp
|
462,300
|
70,459,143
|
|
ConocoPhillips
|
790,300
|
73,979,983
|
|
Exxon Mobil Corp
|
7,574,101
|
911,467,314
|
|
Murphy Oil Corp
|
1,239,000
|
38,718,750
|
|
Shell PLC ADR
|
6,567,700
|
482,594,596
|
|
TOTAL ENERGY
|
1,577,219,786
|
||
Financials - 15.1%
|
|||
Banks - 10.3%
|
|||
Bank of America Corp
|
12,704,694
|
698,758,170
|
|
M&T Bank Corp
|
501,520
|
101,046,250
|
|
PNC Financial Services Group Inc/The
|
1,168,721
|
243,947,134
|
|
Truist Financial Corp
|
1,294,600
|
63,707,266
|
|
US Bancorp
|
689,519
|
36,792,734
|
|
Wells Fargo & Co
|
14,593,889
|
1,360,150,455
|
|
2,504,402,009
|
|||
Capital Markets - 1.8%
|
|||
Blue Owl Capital Inc Class A
|
3,782,900
|
56,516,526
|
|
Charles Schwab Corp/The
|
437,200
|
43,680,652
|
|
KKR & Co Inc Class A
|
1,512,951
|
192,870,993
|
|
Moody's Corp
|
34,000
|
17,368,900
|
|
MSCI Inc
|
5,500
|
3,155,515
|
|
Northern Trust Corp
|
828,851
|
113,212,758
|
|
Raymond James Financial Inc
|
106,903
|
17,167,553
|
|
443,972,897
|
|||
Financial Services - 2.3%
|
|||
Apollo Global Management Inc
|
318,100
|
46,048,156
|
|
Corpay Inc (c)
|
69,600
|
20,944,728
|
|
Global Payments Inc
|
126,400
|
9,783,360
|
|
Mastercard Inc Class A
|
147,489
|
84,198,520
|
|
PayPal Holdings Inc
|
373,900
|
21,828,282
|
|
Visa Inc Class A
|
1,058,693
|
371,294,222
|
|
554,097,268
|
|||
Insurance - 0.7%
|
|||
Arthur J Gallagher & Co
|
222,200
|
57,503,138
|
|
Brown & Brown Inc
|
1,065,800
|
84,944,260
|
|
Chubb Ltd
|
89,997
|
28,089,864
|
|
170,537,262
|
|||
TOTAL FINANCIALS
|
3,673,009,436
|
||
Health Care - 8.8%
|
|||
Biotechnology - 0.5%
|
|||
Alnylam Pharmaceuticals Inc (c)
|
158,850
|
63,166,703
|
|
Biogen Inc (c)
|
72,400
|
12,741,676
|
|
Gilead Sciences Inc
|
140,800
|
17,281,792
|
|
Nuvalent Inc Class A (c)
|
22,300
|
2,243,156
|
|
Vaxcyte Inc (c)
|
432,100
|
19,937,094
|
|
115,370,421
|
|||
Health Care Equipment & Supplies - 1.9%
|
|||
Abbott Laboratories
|
175,300
|
21,963,337
|
|
Alcon AG (United States)
|
564,800
|
44,511,888
|
|
Baxter International Inc
|
5,249,500
|
100,317,945
|
|
Becton Dickinson & Co
|
144,706
|
28,083,093
|
|
Boston Scientific Corp (c)
|
2,229,695
|
212,601,419
|
|
Masimo Corp (c)
|
262,700
|
34,166,762
|
|
Medline Inc Class A
|
228,500
|
9,597,000
|
|
Solventum Corp (c)
|
178,118
|
14,114,070
|
|
465,355,514
|
|||
Health Care Providers & Services - 2.8%
|
|||
Cardinal Health Inc
|
245,058
|
50,359,419
|
|
Cigna Group/The
|
506,511
|
139,407,023
|
|
Humana Inc
|
351,200
|
89,952,856
|
|
McKesson Corp
|
110,821
|
90,905,358
|
|
Molina Healthcare Inc (c)
|
125,800
|
21,831,332
|
|
UnitedHealth Group Inc
|
814,881
|
269,000,367
|
|
661,456,355
|
|||
Life Sciences Tools & Services - 1.0%
|
|||
Bruker Corp
|
1,833,300
|
86,366,763
|
|
Danaher Corp
|
312,200
|
71,468,824
|
|
Thermo Fisher Scientific Inc
|
160,200
|
92,827,890
|
|
250,663,477
|
|||
Pharmaceuticals - 2.6%
|
|||
Eli Lilly & Co (d)
|
106,200
|
114,131,016
|
|
GSK PLC ADR
|
4,653,928
|
228,228,629
|
|
Haleon PLC ADR
|
14,872,736
|
150,363,361
|
|
Johnson & Johnson
|
486,077
|
100,593,635
|
|
Merck & Co Inc
|
482,400
|
50,777,424
|
|
644,094,065
|
|||
TOTAL HEALTH CARE
|
2,136,939,832
|
||
Industrials - 17.2%
|
|||
Aerospace & Defense - 10.2%
|
|||
Boeing Co (c)
|
5,552,186
|
1,205,490,624
|
|
GE Aerospace
|
3,576,006
|
1,101,517,128
|
|
General Dynamics Corp
|
210,660
|
70,920,796
|
|
Howmet Aerospace Inc
|
127,300
|
26,099,046
|
|
Huntington Ingalls Industries Inc
|
215,150
|
73,166,061
|
|
RTX Corp
|
13,600
|
2,494,240
|
|
Textron Inc
|
68,368
|
5,959,639
|
|
2,485,647,534
|
|||
Air Freight & Logistics - 1.0%
|
|||
United Parcel Service Inc Class B
|
2,512,256
|
249,190,673
|
|
Building Products - 0.2%
|
|||
A O Smith Corp
|
644,300
|
43,090,784
|
|
AAON Inc
|
38,065
|
2,902,456
|
|
Trex Co Inc (c)
|
253,000
|
8,875,240
|
|
54,868,480
|
|||
Commercial Services & Supplies - 0.0%
|
|||
Veralto Corp
|
101,866
|
10,164,189
|
|
Electrical Equipment - 4.5%
|
|||
Emerson Electric Co
|
101,700
|
13,497,623
|
|
GE Vernova Inc (d)
|
1,478,159
|
966,080,378
|
|
Hubbell Inc
|
56,014
|
24,876,378
|
|
Vertiv Holdings Co Class A
|
535,696
|
86,788,109
|
|
1,091,242,488
|
|||
Ground Transportation - 0.2%
|
|||
Knight-Swift Transportation Holdings Inc
|
784,015
|
40,988,304
|
|
Machinery - 1.0%
|
|||
Allison Transmission Holdings Inc
|
228,800
|
22,399,520
|
|
Cummins Inc
|
81,600
|
41,652,720
|
|
Deere & Co
|
69,400
|
32,310,558
|
|
Donaldson Co Inc
|
253,600
|
22,484,176
|
|
Nordson Corp
|
73,300
|
17,623,519
|
|
Otis Worldwide Corp
|
288,484
|
25,199,077
|
|
Stanley Black & Decker Inc
|
120,500
|
8,950,740
|
|
Westinghouse Air Brake Technologies Corp
|
367,219
|
78,382,896
|
|
249,003,206
|
|||
Trading Companies & Distributors - 0.1%
|
|||
Watsco Inc
|
52,900
|
17,824,655
|
|
TOTAL INDUSTRIALS
|
4,198,929,529
|
||
Information Technology - 22.2%
|
|||
IT Services - 0.0%
|
|||
Gartner Inc (c)
|
19,500
|
4,919,460
|
|
Semiconductors & Semiconductor Equipment - 12.3%
|
|||
Applied Materials Inc
|
214,302
|
55,073,471
|
|
Broadcom Inc
|
1,756,600
|
607,959,260
|
|
First Solar Inc (c)
|
53,200
|
13,897,436
|
|
Lam Research Corp
|
551,300
|
94,371,534
|
|
Marvell Technology Inc
|
1,504,385
|
127,842,637
|
|
Micron Technology Inc
|
843,600
|
240,771,876
|
|
NVIDIA Corp
|
9,802,700
|
1,828,203,551
|
|
Teradyne Inc
|
113,800
|
22,027,128
|
|
2,990,146,893
|
|||
Software - 7.1%
|
|||
Adobe Inc (c)
|
292,600
|
102,407,074
|
|
Autodesk Inc (c)
|
211,728
|
62,673,605
|
|
Intuit Inc
|
57,000
|
37,757,940
|
|
Microsoft Corp
|
3,058,805
|
1,479,299,274
|
|
Synopsys Inc (c)
|
77,800
|
36,544,216
|
|
1,718,682,109
|
|||
Technology Hardware, Storage & Peripherals - 2.8%
|
|||
Apple Inc
|
2,356,614
|
640,669,082
|
|
Seagate Technology Holdings PLC
|
42,800
|
11,786,692
|
|
Western Digital Corp
|
186,300
|
32,093,901
|
|
684,549,675
|
|||
TOTAL INFORMATION TECHNOLOGY
|
5,398,298,137
|
||
Materials - 0.7%
|
|||
Chemicals - 0.5%
|
|||
Air Products and Chemicals Inc
|
113,300
|
27,987,366
|
|
Dow Inc
|
298,900
|
6,988,282
|
|
LyondellBasell Industries NV Class A1
|
270,700
|
11,721,310
|
|
Mosaic Co/The
|
2,503,400
|
60,306,906
|
|
Sherwin-Williams Co/The
|
13,100
|
4,244,793
|
|
111,248,657
|
|||
Construction Materials - 0.2%
|
|||
James Hardie Industries PLC (c)
|
2,513,900
|
52,163,425
|
|
TOTAL MATERIALS
|
163,412,082
|
||
Real Estate - 0.4%
|
|||
Industrial REITs - 0.0%
|
|||
Terreno Realty Corp
|
254,600
|
14,947,565
|
|
Real Estate Management & Development - 0.1%
|
|||
Compass Inc Class A (c)
|
3,363,831
|
35,555,694
|
|
Residential REITs - 0.1%
|
|||
Sun Communities Inc
|
159,100
|
19,714,081
|
|
Specialized REITs - 0.2%
|
|||
American Tower Corp
|
275,781
|
48,418,870
|
|
Equinix Inc
|
4,422
|
3,387,960
|
|
51,806,830
|
|||
TOTAL REAL ESTATE
|
122,024,170
|
||
Utilities - 1.0%
|
|||
Electric Utilities - 0.9%
|
|||
Duke Energy Corp
|
71,400
|
8,368,794
|
|
Edison International
|
241,300
|
14,482,826
|
|
Entergy Corp
|
221,400
|
20,464,002
|
|
PG&E Corp
|
491,300
|
7,895,191
|
|
Southern Co/The
|
1,812,300
|
158,032,560
|
|
209,243,373
|
|||
Independent Power and Renewable Electricity Producers - 0.0%
|
|||
Vistra Corp
|
116,600
|
18,811,078
|
|
Multi-Utilities - 0.1%
|
|||
Sempra
|
243,100
|
21,463,299
|
|
TOTAL UTILITIES
|
249,517,750
|
||
TOTAL UNITED STATES
|
21,736,752,724
|
||
ZAMBIA - 1.3%
|
|||
Materials - 1.3%
|
|||
Metals & Mining - 1.3%
|
|||
First Quantum Minerals Ltd (c)
|
11,605,103
|
311,149,168
|
|
|
TOTAL COMMON STOCKS
(Cost $11,684,364,667)
|
23,919,420,997
|
||
Convertible Preferred Stocks - 0.1%
|
|||
Shares
|
Value ($)
|
||
UNITED STATES - 0.1%
|
|||
Health Care - 0.1%
|
|||
Life Sciences Tools & Services - 0.1%
|
|||
Bruker Corp 6.375% Series A
(Cost $21,978,529)
|
87,200
|
31,669,295
|
|
U.S. Treasury Obligations - 0.2%
|
||||
Yield (%) (g)
|
Principal
Amount (a)
|
Value ($)
|
||
US Treasury Bills 0% 2/26/2026 (d)
(Cost $49,634,165)
|
3.67
|
49,917,000
|
49,643,317
|
|
Money Market Funds - 2.8%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (h)
|
3.79
|
509,569,083
|
509,670,996
|
|
Fidelity Securities Lending Cash Central Fund (h)(i)
|
3.77
|
170,091,793
|
170,108,803
|
|
|
TOTAL MONEY MARKET FUNDS
(Cost $679,782,267)
|
679,779,799
|
|||
|
TOTAL INVESTMENT IN SECURITIES - 101.3%
(Cost $12,435,759,628)
|
24,680,513,408
|
NET OTHER ASSETS (LIABILITIES) - (1.3)%
|
(325,017,383)
|
NET ASSETS - 100.0%
|
24,355,496,025
|
Written Options
|
||||||
Counterparty
|
Number
of Contracts
|
Notional
Amount ($)
|
Exercise
Price ($)
|
Expiration
Date
|
Value ($)
|
|
Call Options
|
||||||
Eli Lilly & Co
|
Chicago Board Options Exchange
|
195
|
20,956,260
|
1,130.00
|
2/2026
|
(670,313)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
729
|
47,645,253
|
700.00
|
2/2026
|
(1,888,110)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
730
|
47,710,610
|
740.00
|
2/2026
|
(1,109,600)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
730
|
47,710,610
|
750.00
|
2/2026
|
(974,550)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
728
|
47,579,896
|
850.00
|
2/2026
|
(311,220)
|
(4,953,793)
|
||||||
Put Options
|
||||||
GE Vernova Inc
|
Chicago Board Options Exchange
|
1,000
|
65,357,000
|
480.00
|
2/2026
|
(180,000)
|
(180,000)
|
||||||
TOTAL WRITTEN OPTIONS
|
(5,133,793)
|
|||||
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
Security or a portion of the security is on loan at period end.
|
(c)
|
Non-income producing.
|
(d)
|
Security or a portion of the security is pledged as collateral for options written. At period end, the value of securities pledged amounted to $216,746,272.
|
(e)
|
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $29,464,522 or 0.1% of net assets.
|
(f)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $29,464,522 or 0.1% of net assets.
|
(g)
|
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
|
(h)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(i)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
% ownership,
end
of period
|
Fidelity Cash Central Fund
|
529,076,106
|
1,927,387,600
|
1,946,813,279
|
11,408,569
|
23,037
|
(2,468)
|
509,670,996
|
509,569,083
|
0.9%
|
Fidelity Securities Lending Cash Central Fund
|
126,479,306
|
761,877,132
|
718,245,194
|
460,723
|
(2,441)
|
-
|
170,108,803
|
170,091,793
|
0.6%
|
Total
|
655,555,412
|
2,689,264,732
|
2,665,058,473
|
11,869,292
|
20,596
|
(2,468)
|
679,779,799
|
||
Valuation Inputs at Reporting Date:
|
||||
Description
|
Total ($)
|
Level 1 ($)
|
Level 2 ($)
|
Level 3 ($)
|
Investments in Securities:
|
||||
Common Stocks
|
||||
Communication Services
|
2,586,943,272
|
2,506,119,060
|
80,824,212
|
-
|
Consumer Discretionary
|
849,049,922
|
849,049,922
|
-
|
-
|
Consumer Staples
|
1,109,711,522
|
1,109,711,522
|
-
|
-
|
Energy
|
1,979,111,674
|
1,979,111,674
|
-
|
-
|
Financials
|
3,682,643,025
|
3,673,009,436
|
9,633,589
|
-
|
Health Care
|
2,523,782,078
|
2,523,782,078
|
-
|
-
|
Industrials
|
4,480,252,176
|
4,300,406,889
|
179,845,287
|
-
|
Information Technology
|
5,861,824,158
|
5,852,250,305
|
9,573,853
|
-
|
Materials
|
474,561,250
|
474,561,250
|
-
|
-
|
Real Estate
|
122,024,170
|
122,024,170
|
-
|
-
|
Utilities
|
249,517,750
|
249,517,750
|
-
|
-
|
Convertible Preferred Stocks
|
||||
Health Care
|
31,669,295
|
-
|
31,669,295
|
-
|
U.S. Treasury Obligations
|
49,643,317
|
-
|
49,643,317
|
-
|
Money Market Funds
|
679,779,799
|
679,779,799
|
-
|
-
|
Total Investments in Securities:
|
24,680,513,408
|
24,319,323,855
|
361,189,553
|
-
|
Derivative Instruments:
|
||||
Liabilities
|
||||
Written Options
|
(5,133,793)
|
(5,133,793)
|
-
|
-
|
Total Liabilities
|
(5,133,793)
|
(5,133,793)
|
-
|
-
|
Total Derivative Instruments:
|
(5,133,793)
|
(5,133,793)
|
-
|
-
|
Net Unrealized Appreciation (Depreciation) on Unfunded Commitments
|
5,024,805
|
5,024,805
|
-
|
-
|
Primary Risk Exposure / Derivative Type
|
Value
|
|
Asset ($)
|
Liability ($)
|
|
Equity Risk
|
||
Written Options (a)
|
-
|
(5,133,793)
|
Total Equity Risk
|
-
|
(5,133,793)
|
Total Value of Derivatives
|
-
|
(5,133,793)
|
Statement of Assets and Liabilities
|
||||
|
As of December 31, 2025 (Unaudited)
|
||||
Assets
|
||||
Investment in securities, at value (including securities loaned of $173,212,461) - See accompanying schedule:
|
||||
Unaffiliated issuers (cost $11,755,977,361)
|
$
|
24,000,733,609
|
||
Fidelity Central Funds (cost $679,782,267)
|
679,779,799
|
|||
Total Investment in Securities (cost $12,435,759,628)
|
$
|
24,680,513,408
|
||
Cash
|
1,094,293
|
|||
Foreign currency held at value (cost $4,442)
|
4,436
|
|||
Receivable for investments sold
|
31,906,388
|
|||
Unrealized appreciation on unfunded commitments
|
5,024,805
|
|||
Receivable for fund shares sold
|
5,362,926
|
|||
Dividends receivable
|
18,564,886
|
|||
Distributions receivable from Fidelity Central Funds
|
1,760,791
|
|||
Other receivables
|
393,867
|
|||
Total assets
|
24,744,625,800
|
|||
Liabilities
|
||||
Payable for investments purchased
|
$
|
1,187,732
|
||
Payable for fund shares redeemed
|
212,289,212
|
|||
Written options, at value (premium received $7,987,234)
|
5,133,793
|
|||
Other payables and accrued expenses
|
424,605
|
|||
Collateral on securities loaned
|
170,094,433
|
|||
Total liabilities
|
389,129,775
|
|||
Commitments and contingent liabilities (see Significant Accounting Policies note)
|
||||
Net Assets
|
$
|
24,355,496,025
|
||
Net Assets consist of:
|
||||
Paid in capital
|
$
|
11,763,852,547
|
||
Total accumulated earnings (loss)
|
12,591,643,478
|
|||
Net Assets
|
$
|
24,355,496,025
|
||
Net Asset Value, offering price and redemption price per share ($24,355,496,025 ÷ 912,115,270 shares)
|
$
|
26.70
|
||
Statement of Operations
|
||||
Six months ended December 31, 2025 (Unaudited)
|
||||
Investment Income
|
||||
Dividends
|
$
|
151,976,957
|
||
Interest
|
169,779
|
|||
Income from Fidelity Central Funds (including $460,723 from security lending)
|
11,869,292
|
|||
Total income
|
164,016,028
|
|||
Expenses
|
||||
Custodian fees and expenses
|
$
|
89,472
|
||
Independent trustees' fees and expenses
|
45,997
|
|||
Total expenses before reductions
|
135,469
|
|||
Expense reductions
|
(71,795)
|
|||
Total expenses after reductions
|
63,674
|
|||
Net Investment income (loss)
|
163,952,354
|
|||
Realized and Unrealized Gain (Loss)
|
||||
Net realized gain (loss) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
1,261,634,027
|
|||
Fidelity Central Funds
|
20,596
|
|||
Foreign currency transactions
|
(113,058)
|
|||
Written options
|
15,522,173
|
|||
Total net realized gain (loss)
|
1,277,063,738
|
|||
Change in net unrealized appreciation (depreciation) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
1,550,806,665
|
|||
Fidelity Central Funds
|
(2,468)
|
|||
Unfunded commitments
|
5,024,805
|
|||
Assets and liabilities in foreign currencies
|
(8,490)
|
|||
Written options
|
1,310,190
|
|||
Total change in net unrealized appreciation (depreciation)
|
1,557,130,702
|
|||
Net gain (loss)
|
2,834,194,440
|
|||
Net increase (decrease) in net assets resulting from operations
|
$
|
2,998,146,794
|
||
Statement of Changes in Net Assets
|
||||
Six months ended
December 31, 2025
(Unaudited)
|
Year ended
June 30, 2025
|
|||
Increase (Decrease) in Net Assets
|
||||
Operations
|
||||
Net investment income (loss)
|
$
|
163,952,354
|
$
|
302,918,717
|
Net realized gain (loss)
|
1,277,063,738
|
1,562,888,094
|
||
Change in net unrealized appreciation (depreciation)
|
1,557,130,702
|
2,290,439,332
|
||
Net increase (decrease) in net assets resulting from operations
|
2,998,146,794
|
4,156,246,143
|
||
Distributions to shareholders
|
(2,245,087,816)
|
(1,506,107,434)
|
||
Share transactions
|
||||
Proceeds from sales of shares
|
1,579,102,576
|
3,650,707,884
|
||
Reinvestment of distributions
|
2,245,087,816
|
1,506,107,434
|
||
Cost of shares redeemed
|
(1,841,642,484)
|
(4,850,928,137)
|
||
Net increase (decrease) in net assets resulting from share transactions
|
1,982,547,908
|
305,887,181
|
||
Total increase (decrease) in net assets
|
2,735,606,886
|
2,956,025,890
|
||
Net Assets
|
||||
Beginning of period
|
21,619,889,139
|
18,663,863,249
|
||
End of period
|
$
|
24,355,496,025
|
$
|
21,619,889,139
|
Other Information
|
||||
Shares
|
||||
Sold
|
59,666,101
|
157,593,314
|
||
Issued in reinvestment of distributions
|
86,628,827
|
68,243,065
|
||
Redeemed
|
(69,161,387)
|
(204,590,685)
|
||
Net increase (decrease)
|
77,133,541
|
21,245,694
|
||
Fidelity® Series Large Cap Stock Fund |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
25.89
|
$
|
22.94
|
$
|
18.90
|
$
|
16.37
|
$
|
19.80
|
$
|
14.07
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.19
|
.35
|
.35
|
.34
|
.34 C
|
.34
|
||||||
Net realized and unrealized gain (loss)
|
3.25
|
4.43
|
4.72
|
3.27
|
(2.02)
|
6.27
|
||||||
Total from investment operations
|
3.44
|
4.78
|
5.07
|
3.61
|
(1.68)
|
6.61
|
||||||
Distributions from net investment income
|
(.37)
|
(.36)
|
(.36)
|
(.33)
|
(.47)
|
(.37)
|
||||||
Distributions from net realized gain
|
(2.25)
|
(1.47)
|
(.68)
|
(.76)
|
(1.28)
|
(.52)
|
||||||
Total distributions
|
(2.63) D
|
(1.83)
|
(1.03) D
|
(1.08) D
|
(1.75)
|
(.88) D
|
||||||
Net asset value, end of period
|
$
|
26.70
|
$
|
25.89
|
$
|
22.94
|
$
|
18.90
|
$
|
16.37
|
$
|
19.80
|
Total Return E,F
|
13.85 % |
22.41%
|
28.11%
|
23.03%
|
(9.44)%
|
49.05%
|
||||||
Ratios to Average Net Assets B,G,H
|
||||||||||||
Expenses before reductions I
|
-% J
|
-%
|
-%
|
-%
|
-%
|
-%
|
||||||
Expenses net of fee waivers, if any I
|
- % J |
-%
|
-%
|
-%
|
-%
|
-%
|
||||||
Expenses net of all reductions, if any I
|
-% J
|
-%
|
-%
|
-%
|
-%
|
-%
|
||||||
Net investment income (loss)
|
1.41% J
|
1.52%
|
1.73%
|
1.98%
|
1.84% C
|
2.04%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
24,355,496
|
$
|
21,619,889
|
$
|
18,663,863
|
$
|
15,147,344
|
$
|
12,798,487
|
$
|
14,792,790
|
Portfolio turnover rate K
|
20 % J |
17%
|
18%
|
12%
|
17%
|
15%
|
Fidelity Central Fund
|
Investment Manager
|
Investment Objective
|
Investment Practices
|
Expense RatioA
|
Fidelity Money Market Central Funds
|
Fidelity Management & Research Company LLC (FMR)
|
Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity.
|
Short-term Investments
|
Less than .005%
|
Gross unrealized appreciation
|
$12,642,072,880
|
Gross unrealized depreciation
|
(411,297,230)
|
Net unrealized appreciation (depreciation)
|
$12,230,775,650
|
Tax cost
|
$12,452,591,199
|
Investment to be Acquired
|
Commitment Amount ($)
|
Unrealized Appreciation (Depreciation)($)
|
|
Fidelity Series Large Cap Stock Fund
|
CompoSecure, Inc. Class A
|
119,178,073
|
5,024,805
|
Equity Risk
|
Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
|
Purchases ($)
|
Sales ($)
|
|
Fidelity Series Large Cap Stock Fund
|
2,289,681,121
|
2,595,847,197
|
Fidelity Series Large Cap Stock Fund
|
$393,867
|
Amount ($)
|
|
Fidelity Series Large Cap Stock Fund
|
30,936
|
Purchases ($)
|
Sales ($)
|
Realized Gain (Loss) ($)
|
|
Fidelity Series Large Cap Stock Fund
|
178,794,591
|
118,198,006
|
64,669,349
|
Total Security Lending Fees Paid to NFS ($)
|
Security Lending Income From Securities Loaned to NFS ($)
|
Value of Securities Loaned to NFS at Period End ($)
|
|
Fidelity Series Large Cap Stock Fund
|
49,776
|
2,151
|
-
|
Amount ($)
|
|
Fidelity Series Large Cap Stock Fund
|
10,736,299
|
![]() |


Contents
Common Stocks - 93.2%
|
|||
Shares
|
Value ($)
|
||
AUSTRALIA - 0.0%
|
|||
Energy - 0.0%
|
|||
Oil, Gas & Consumable Fuels - 0.0%
|
|||
Santos Ltd
|
1,760,455
|
7,248,760
|
|
BELGIUM - 0.7%
|
|||
Health Care - 0.7%
|
|||
Pharmaceuticals - 0.7%
|
|||
UCB SA
|
139,500
|
39,116,180
|
|
CANADA - 1.4%
|
|||
Energy - 1.4%
|
|||
Oil, Gas & Consumable Fuels - 1.4%
|
|||
Imperial Oil Ltd (b)
|
924,805
|
79,897,546
|
|
DENMARK - 0.4%
|
|||
Health Care - 0.4%
|
|||
Pharmaceuticals - 0.4%
|
|||
Novo Nordisk A/S Class B ADR
|
424,110
|
21,578,717
|
|
FRANCE - 0.4%
|
|||
Industrials - 0.4%
|
|||
Aerospace & Defense - 0.4%
|
|||
Airbus SE
|
111,400
|
25,869,752
|
|
GERMANY - 0.6%
|
|||
Information Technology - 0.6%
|
|||
Software - 0.6%
|
|||
SAP SE ADR
|
134,500
|
32,671,395
|
|
NETHERLANDS - 0.5%
|
|||
Communication Services - 0.2%
|
|||
Entertainment - 0.2%
|
|||
Universal Music Group NV
|
398,599
|
10,391,411
|
|
Information Technology - 0.3%
|
|||
Semiconductors & Semiconductor Equipment - 0.3%
|
|||
ASML Holding NV depository receipt
|
17,436
|
18,654,079
|
|
TOTAL NETHERLANDS
|
29,045,490
|
||
SWEDEN - 0.3%
|
|||
Industrials - 0.3%
|
|||
Machinery - 0.3%
|
|||
Atlas Copco AB A Shares
|
889,300
|
15,831,833
|
|
TAIWAN - 1.1%
|
|||
Information Technology - 1.1%
|
|||
Semiconductors & Semiconductor Equipment - 1.1%
|
|||
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
208,500
|
63,361,065
|
|
UNITED KINGDOM - 1.2%
|
|||
Consumer Staples - 1.2%
|
|||
Beverages - 0.3%
|
|||
Diageo PLC
|
929,662
|
20,032,277
|
|
Tobacco - 0.9%
|
|||
British American Tobacco PLC ADR
|
851,500
|
48,211,930
|
|
TOTAL UNITED KINGDOM
|
68,244,207
|
||
UNITED STATES - 85.8%
|
|||
Communication Services - 10.9%
|
|||
Entertainment - 0.3%
|
|||
Walt Disney Co/The
|
174,899
|
19,898,259
|
|
Interactive Media & Services - 10.0%
|
|||
Alphabet Inc Class A
|
688,000
|
215,344,001
|
|
Alphabet Inc Class C
|
595,310
|
186,808,278
|
|
Meta Platforms Inc Class A
|
261,400
|
172,547,526
|
|
574,699,805
|
|||
Media - 0.6%
|
|||
Comcast Corp Class A
|
1,231,797
|
36,818,412
|
|
TOTAL COMMUNICATION SERVICES
|
631,416,476
|
||
Consumer Discretionary - 4.1%
|
|||
Broadline Retail - 2.1%
|
|||
Amazon.com Inc (c)
|
525,900
|
121,388,238
|
|
Hotels, Restaurants & Leisure - 0.7%
|
|||
Booking Holdings Inc
|
2,038
|
10,914,163
|
|
Chipotle Mexican Grill Inc (c)
|
257,200
|
9,516,400
|
|
Marriott International Inc/MD Class A1
|
19,000
|
5,894,560
|
|
Starbucks Corp
|
166,700
|
14,037,807
|
|
40,362,930
|
|||
Specialty Retail - 1.1%
|
|||
Home Depot Inc/The
|
75,900
|
26,117,190
|
|
Lowe's Cos Inc
|
145,311
|
35,043,201
|
|
61,160,391
|
|||
Textiles, Apparel & Luxury Goods - 0.2%
|
|||
Lululemon Athletica Inc (c)
|
7,200
|
1,496,231
|
|
NIKE Inc Class B
|
204,500
|
13,028,695
|
|
14,524,926
|
|||
TOTAL CONSUMER DISCRETIONARY
|
237,436,485
|
||
Consumer Staples - 3.8%
|
|||
Beverages - 1.5%
|
|||
Coca-Cola Co/The
|
501,000
|
35,024,910
|
|
Keurig Dr Pepper Inc
|
1,473,700
|
41,278,337
|
|
Monster Beverage Corp (c)
|
32,100
|
2,461,107
|
|
PepsiCo Inc
|
19,100
|
2,741,232
|
|
81,505,586
|
|||
Consumer Staples Distribution & Retail - 0.4%
|
|||
Target Corp
|
224,610
|
21,955,628
|
|
Food Products - 0.1%
|
|||
Mondelez International Inc
|
157,800
|
8,494,374
|
|
Household Products - 0.2%
|
|||
Procter & Gamble Co/The
|
97,120
|
13,918,267
|
|
Personal Care Products - 1.0%
|
|||
Estee Lauder Cos Inc/The Class A
|
162,900
|
17,058,888
|
|
Kenvue Inc
|
2,123,457
|
36,629,633
|
|
53,688,521
|
|||
Tobacco - 0.6%
|
|||
Philip Morris International Inc
|
233,000
|
37,373,200
|
|
TOTAL CONSUMER STAPLES
|
216,935,576
|
||
Energy - 6.7%
|
|||
Oil, Gas & Consumable Fuels - 6.7%
|
|||
Chevron Corp
|
154,800
|
23,593,068
|
|
ConocoPhillips
|
387,905
|
36,311,787
|
|
Exxon Mobil Corp
|
1,688,109
|
203,147,037
|
|
Shell PLC
|
6,968
|
256,786
|
|
Shell PLC ADR
|
1,658,313
|
121,852,840
|
|
TOTAL ENERGY
|
385,161,518
|
||
Financials - 13.2%
|
|||
Banks - 9.6%
|
|||
Bank of America Corp
|
2,931,674
|
161,242,070
|
|
JPMorgan Chase & Co
|
151,330
|
48,761,553
|
|
PNC Financial Services Group Inc/The
|
182,131
|
38,016,204
|
|
Truist Financial Corp
|
456,500
|
22,464,365
|
|
US Bancorp
|
158,112
|
8,436,856
|
|
Wells Fargo & Co
|
2,970,676
|
276,867,003
|
|
555,788,051
|
|||
Capital Markets - 0.6%
|
|||
Charles Schwab Corp/The
|
165,200
|
16,505,132
|
|
CME Group Inc Class A
|
9,200
|
2,512,336
|
|
KKR & Co Inc Class A
|
141,214
|
18,001,961
|
|
37,019,429
|
|||
Consumer Finance - 0.1%
|
|||
American Express Co
|
13,500
|
4,994,325
|
|
Financial Services - 2.2%
|
|||
Apollo Global Management Inc
|
219,200
|
31,731,392
|
|
Fiserv Inc (c)
|
26,600
|
1,786,722
|
|
Mastercard Inc Class A
|
38,052
|
21,723,126
|
|
PayPal Holdings Inc
|
60,000
|
3,502,800
|
|
Visa Inc Class A
|
193,788
|
67,963,389
|
|
126,707,429
|
|||
Insurance - 0.7%
|
|||
Arthur J Gallagher & Co
|
102,900
|
26,629,491
|
|
Marsh & McLennan Cos Inc
|
65,100
|
12,077,352
|
|
38,706,843
|
|||
TOTAL FINANCIALS
|
763,216,077
|
||
Health Care - 7.0%
|
|||
Biotechnology - 0.0%
|
|||
Gilead Sciences Inc
|
19,700
|
2,417,977
|
|
Health Care Equipment & Supplies - 1.2%
|
|||
Abbott Laboratories
|
119,400
|
14,959,626
|
|
Alcon AG (United States) (b)
|
216,000
|
17,022,960
|
|
Boston Scientific Corp (c)
|
404,517
|
38,570,696
|
|
70,553,282
|
|||
Health Care Providers & Services - 2.1%
|
|||
Cigna Group/The
|
79,362
|
21,842,803
|
|
Humana Inc
|
54,700
|
14,010,311
|
|
UnitedHealth Group Inc
|
246,203
|
81,274,073
|
|
117,127,187
|
|||
Life Sciences Tools & Services - 1.0%
|
|||
Danaher Corp
|
148,210
|
33,928,233
|
|
Thermo Fisher Scientific Inc
|
44,400
|
25,727,580
|
|
59,655,813
|
|||
Pharmaceuticals - 2.7%
|
|||
Eli Lilly & Co (d)
|
28,300
|
30,413,444
|
|
GSK PLC ADR
|
1,048,266
|
51,406,965
|
|
Haleon PLC ADR
|
2,822,833
|
28,538,842
|
|
Johnson & Johnson
|
101,314
|
20,966,932
|
|
Merck & Co Inc
|
196,500
|
20,683,590
|
|
152,009,773
|
|||
TOTAL HEALTH CARE
|
401,764,032
|
||
Industrials - 14.9%
|
|||
Aerospace & Defense - 9.4%
|
|||
Boeing Co (c)
|
1,319,570
|
286,505,038
|
|
GE Aerospace
|
771,384
|
237,609,414
|
|
General Dynamics Corp
|
17,300
|
5,824,218
|
|
RTX Corp
|
33,500
|
6,143,900
|
|
536,082,570
|
|||
Air Freight & Logistics - 1.1%
|
|||
United Parcel Service Inc Class B
|
651,979
|
64,669,797
|
|
Electrical Equipment - 3.9%
|
|||
Emerson Electric Co
|
55,000
|
7,299,600
|
|
GE Vernova Inc (d)
|
334,918
|
218,892,357
|
|
226,191,957
|
|||
Industrial Conglomerates - 0.0%
|
|||
Honeywell International Inc
|
8,600
|
1,677,774
|
|
Machinery - 0.5%
|
|||
Caterpillar Inc
|
40,200
|
23,029,374
|
|
Deere & Co
|
17,080
|
7,951,936
|
|
30,981,310
|
|||
TOTAL INDUSTRIALS
|
859,603,408
|
||
Information Technology - 24.1%
|
|||
IT Services - 0.1%
|
|||
Accenture PLC Class A
|
11,900
|
3,192,770
|
|
Kyndryl Holdings Inc (c)
|
220
|
5,843
|
|
3,198,613
|
|||
Semiconductors & Semiconductor Equipment - 13.1%
|
|||
Applied Materials Inc
|
78,674
|
20,218,431
|
|
Broadcom Inc
|
396,605
|
137,264,991
|
|
Lam Research Corp
|
189,200
|
32,387,256
|
|
Marvell Technology Inc
|
230,465
|
19,584,916
|
|
Micron Technology Inc
|
237,700
|
67,841,957
|
|
NVIDIA Corp
|
2,551,750
|
475,901,375
|
|
753,198,926
|
|||
Software - 7.5%
|
|||
Adobe Inc (c)
|
63,700
|
22,294,363
|
|
Autodesk Inc (c)
|
29,100
|
8,613,891
|
|
Intuit Inc
|
8,200
|
5,431,844
|
|
Microsoft Corp
|
780,376
|
377,405,441
|
|
Oracle Corp
|
36,000
|
7,016,760
|
|
Salesforce Inc
|
17,300
|
4,582,943
|
|
Synopsys Inc (c)
|
18,500
|
8,689,820
|
|
434,035,062
|
|||
Technology Hardware, Storage & Peripherals - 3.4%
|
|||
Apple Inc
|
731,422
|
198,844,385
|
|
TOTAL INFORMATION TECHNOLOGY
|
1,389,276,986
|
||
Materials - 0.1%
|
|||
Chemicals - 0.1%
|
|||
Air Products and Chemicals Inc
|
14,600
|
3,606,492
|
|
Linde PLC
|
6,700
|
2,856,813
|
|
Solstice Advanced Materials Inc
|
2,150
|
104,446
|
|
TOTAL MATERIALS
|
6,567,751
|
||
Real Estate - 0.3%
|
|||
Industrial REITs - 0.1%
|
|||
Prologis Inc
|
22,800
|
2,910,648
|
|
Specialized REITs - 0.2%
|
|||
American Tower Corp
|
75,510
|
13,257,291
|
|
TOTAL REAL ESTATE
|
16,167,939
|
||
Utilities - 0.7%
|
|||
Electric Utilities - 0.6%
|
|||
Duke Energy Corp
|
15,200
|
1,781,592
|
|
NextEra Energy Inc
|
37,900
|
3,042,612
|
|
Southern Co/The
|
304,000
|
26,508,800
|
|
31,333,004
|
|||
Multi-Utilities - 0.1%
|
|||
Sempra
|
81,400
|
7,186,806
|
|
TOTAL UTILITIES
|
38,519,810
|
||
TOTAL UNITED STATES
|
4,946,066,058
|
||
ZAMBIA - 0.8%
|
|||
Materials - 0.8%
|
|||
Metals & Mining - 0.8%
|
|||
First Quantum Minerals Ltd (c)
|
1,769,515
|
47,443,191
|
|
|
TOTAL COMMON STOCKS
(Cost $3,210,408,203)
|
5,376,374,194
|
||
U.S. Treasury Obligations - 0.2%
|
||||
Yield (%) (e)
|
Principal
Amount (a)
|
Value ($)
|
||
US Treasury Bills 0% 2/26/2026 (d)
(Cost $11,168,358)
|
3.67
|
11,232,000
|
11,170,417
|
|
Money Market Funds - 8.0%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (f)
|
3.79
|
376,617,482
|
376,692,806
|
|
Fidelity Securities Lending Cash Central Fund (f)(g)
|
3.77
|
82,711,902
|
82,720,173
|
|
|
TOTAL MONEY MARKET FUNDS
(Cost $459,415,259)
|
459,412,979
|
|||
|
TOTAL INVESTMENT IN SECURITIES - 101.4%
(Cost $3,680,991,820)
|
5,846,957,590
|
NET OTHER ASSETS (LIABILITIES) - (1.4)%
|
(80,181,617)
|
NET ASSETS - 100.0%
|
5,766,775,973
|
Written Options
|
||||||
Counterparty
|
Number
of Contracts
|
Notional
Amount ($)
|
Exercise
Price ($)
|
Expiration
Date
|
Value ($)
|
|
Call Options
|
||||||
Eli Lilly & Co
|
Chicago Board Options Exchange
|
56
|
6,018,208
|
1,130.00
|
2/2026
|
(192,500)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
100
|
6,535,700
|
740.00
|
2/2026
|
(152,000)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
100
|
6,535,700
|
700.00
|
2/2026
|
(259,000)
|
GE Vernova Inc
|
Chicago Board Options Exchange
|
100
|
6,535,700
|
750.00
|
2/2026
|
(133,500)
|
(737,000)
|
||||||
Put Options
|
||||||
GE Vernova Inc
|
Chicago Board Options Exchange
|
225
|
14,705,325
|
480.00
|
2/2026
|
(40,500)
|
(40,500)
|
||||||
TOTAL WRITTEN OPTIONS
|
(777,500)
|
|||||
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
Security or a portion of the security is on loan at period end.
|
(c)
|
Non-income producing.
|
(d)
|
Security or a portion of the security is pledged as collateral for options written. At period end, the value of securities pledged amounted to $26,865,471.
|
(e)
|
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
|
(f)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(g)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
% ownership,
end
of period
|
Fidelity Cash Central Fund
|
281,679,974
|
502,486,550
|
407,472,305
|
7,084,409
|
867
|
(2,280)
|
376,692,806
|
376,617,482
|
0.7%
|
Fidelity Securities Lending Cash Central Fund
|
48,867,560
|
153,410,311
|
119,558,421
|
101,305
|
723
|
-
|
82,720,173
|
82,711,902
|
0.3%
|
Total
|
330,547,534
|
655,896,861
|
527,030,726
|
7,185,714
|
1,590
|
(2,280)
|
459,412,979
|
||
Valuation Inputs at Reporting Date:
|
||||
Description
|
Total ($)
|
Level 1 ($)
|
Level 2 ($)
|
Level 3 ($)
|
Investments in Securities:
|
||||
Common Stocks
|
||||
Communication Services
|
641,807,887
|
631,416,476
|
10,391,411
|
-
|
Consumer Discretionary
|
237,436,485
|
237,436,485
|
-
|
-
|
Consumer Staples
|
285,179,783
|
265,147,506
|
20,032,277
|
-
|
Energy
|
472,307,824
|
472,051,038
|
256,786
|
-
|
Financials
|
763,216,077
|
763,216,077
|
-
|
-
|
Health Care
|
462,458,929
|
462,458,929
|
-
|
-
|
Industrials
|
901,304,993
|
859,603,408
|
41,701,585
|
-
|
Information Technology
|
1,503,963,525
|
1,503,963,525
|
-
|
-
|
Materials
|
54,010,942
|
54,010,942
|
-
|
-
|
Real Estate
|
16,167,939
|
16,167,939
|
-
|
-
|
Utilities
|
38,519,810
|
38,519,810
|
-
|
-
|
U.S. Treasury Obligations
|
11,170,417
|
-
|
11,170,417
|
-
|
Money Market Funds
|
459,412,979
|
459,412,979
|
-
|
-
|
Total Investments in Securities:
|
5,846,957,590
|
5,763,405,114
|
83,552,476
|
-
|
Derivative Instruments:
|
||||
Liabilities
|
||||
Written Options
|
(777,500)
|
(777,500)
|
-
|
-
|
Total Liabilities
|
(777,500)
|
(777,500)
|
-
|
-
|
Total Derivative Instruments:
|
(777,500)
|
(777,500)
|
-
|
-
|
Net Unrealized Appreciation (Depreciation) on Unfunded Commitments
|
536,223
|
536,223
|
-
|
-
|
Primary Risk Exposure / Derivative Type
|
Value
|
|
Asset ($)
|
Liability ($)
|
|
Equity Risk
|
||
Written Options (a)
|
-
|
(777,500)
|
Total Equity Risk
|
-
|
(777,500)
|
Total Value of Derivatives
|
-
|
(777,500)
|
Statement of Assets and Liabilities
|
||||
|
As of December 31, 2025 (Unaudited)
|
||||
Assets
|
||||
Investment in securities, at value (including securities loaned of $78,339,275) - See accompanying schedule:
|
||||
Unaffiliated issuers (cost $3,221,576,561)
|
$
|
5,387,544,611
|
||
Fidelity Central Funds (cost $459,415,259)
|
459,412,979
|
|||
Total Investment in Securities (cost $3,680,991,820)
|
$
|
5,846,957,590
|
||
Cash
|
1
|
|||
Foreign currency held at value (cost $6,335)
|
6,326
|
|||
Receivable for investments sold
|
581,636
|
|||
Unrealized appreciation on unfunded commitments
|
536,223
|
|||
Receivable for fund shares sold
|
16,786,571
|
|||
Dividends receivable
|
3,825,229
|
|||
Interest receivable
|
107
|
|||
Distributions receivable from Fidelity Central Funds
|
1,227,087
|
|||
Prepaid expenses
|
3,537
|
|||
Other receivables
|
4,304
|
|||
Total assets
|
5,869,928,611
|
|||
Liabilities
|
||||
Payable for investments purchased
|
$
|
10,363,447
|
||
Payable for fund shares redeemed
|
6,490,364
|
|||
Accrued management fee
|
2,586,233
|
|||
Distribution and service plan fees payable
|
137,075
|
|||
Written options, at value (premium received $1,171,439)
|
777,500
|
|||
Other payables and accrued expenses
|
78,569
|
|||
Collateral on securities loaned
|
82,719,450
|
|||
Total liabilities
|
103,152,638
|
|||
Commitments and contingent liabilities (see Significant Accounting Policies note)
|
||||
Net Assets
|
$
|
5,766,775,973
|
||
Net Assets consist of:
|
||||
Paid in capital
|
$
|
3,590,671,386
|
||
Total accumulated earnings (loss)
|
2,176,104,587
|
|||
Net Assets
|
$
|
5,766,775,973
|
||
Net Asset Value and Maximum Offering Price
|
||||
Class A :
|
||||
Net Asset Value and redemption price per share ($338,349,243 ÷ 11,036,418 shares)(a)
|
$
|
30.66
|
||
Maximum offering price per share (100/94.25 of $30.66)
|
$
|
32.53
|
||
Class M :
|
||||
Net Asset Value and redemption price per share ($46,951,299 ÷ 1,529,211 shares)(a)
|
$
|
30.70
|
||
Maximum offering price per share (100/96.50 of $30.70)
|
$
|
31.81
|
||
Class C :
|
||||
Net Asset Value and offering price per share ($59,626,497 ÷ 1,998,216 shares)(a)
|
$
|
29.84
|
||
Mega Cap Stock :
|
||||
Net Asset Value, offering price and redemption price per share ($3,374,252,018 ÷ 107,975,409 shares)
|
$
|
31.25
|
||
Class I :
|
||||
Net Asset Value, offering price and redemption price per share ($819,189,611 ÷ 26,191,023 shares)
|
$
|
31.28
|
||
Class Z :
|
||||
Net Asset Value, offering price and redemption price per share ($1,128,407,305 ÷ 36,378,550 shares)
|
$
|
31.02
|
||
(a)Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.
|
||||
Statement of Operations
|
||||
Six months ended December 31, 2025 (Unaudited)
|
||||
Investment Income
|
||||
Dividends
|
$
|
31,733,105
|
||
Interest
|
33,326
|
|||
Income from Fidelity Central Funds (including $101,305 from security lending)
|
7,185,714
|
|||
Total income
|
38,952,145
|
|||
Expenses
|
||||
Management fee
|
$
|
13,764,096
|
||
Distribution and service plan fees
|
763,262
|
|||
Custodian fees and expenses
|
32,534
|
|||
Independent trustees' fees and expenses
|
9,323
|
|||
Registration fees
|
211,042
|
|||
Audit fees
|
31,557
|
|||
Legal
|
5,168
|
|||
Miscellaneous
|
5,939
|
|||
Total expenses before reductions
|
14,822,921
|
|||
Expense reductions
|
(1,508)
|
|||
Total expenses after reductions
|
14,821,413
|
|||
Net Investment income (loss)
|
24,130,732
|
|||
Realized and Unrealized Gain (Loss)
|
||||
Net realized gain (loss) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
71,778,547
|
|||
Fidelity Central Funds
|
1,590
|
|||
Foreign currency transactions
|
(54,369)
|
|||
Written options
|
1,028,305
|
|||
Total net realized gain (loss)
|
72,754,073
|
|||
Change in net unrealized appreciation (depreciation) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
511,735,929
|
|||
Fidelity Central Funds
|
(2,280)
|
|||
Unfunded commitments
|
536,223
|
|||
Assets and liabilities in foreign currencies
|
3,616
|
|||
Written options
|
257,730
|
|||
Total change in net unrealized appreciation (depreciation)
|
512,531,218
|
|||
Net gain (loss)
|
585,285,291
|
|||
Net increase (decrease) in net assets resulting from operations
|
$
|
609,416,023
|
||
Statement of Changes in Net Assets
|
||||
Six months ended
December 31, 2025
(Unaudited)
|
Year ended
June 30, 2025
|
|||
Increase (Decrease) in Net Assets
|
||||
Operations
|
||||
Net investment income (loss)
|
$
|
24,130,732
|
$
|
38,000,257
|
Net realized gain (loss)
|
72,754,073
|
135,946,700
|
||
Change in net unrealized appreciation (depreciation)
|
512,531,218
|
498,496,616
|
||
Net increase (decrease) in net assets resulting from operations
|
609,416,023
|
672,443,573
|
||
Distributions to shareholders
|
(199,362,877)
|
(89,177,833)
|
||
Share transactions - net increase (decrease)
|
1,110,275,461
|
604,795,252
|
||
Total increase (decrease) in net assets
|
1,520,328,606
|
1,188,060,992
|
||
Net Assets
|
||||
Beginning of period
|
4,246,447,367
|
3,058,386,375
|
||
End of period
|
$
|
5,766,775,973
|
$
|
4,246,447,367
|
Fidelity Advisor® Mega Cap Stock Fund Class A |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
28.19
|
$
|
24.18
|
$
|
19.23
|
$
|
16.14
|
$
|
19.05
|
$
|
13.83
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.10
|
.21
|
.21
|
.17
|
.14
|
.15
|
||||||
Net realized and unrealized gain (loss)
|
3.51
|
4.42
|
5.12
|
3.61
|
(2.17)
|
6.31
|
||||||
Total from investment operations
|
3.61
|
4.63
|
5.33
|
3.78
|
(2.03)
|
6.46
|
||||||
Distributions from net investment income
|
(.19)
|
(.20)
|
(.17)
|
(.18)
|
(.29)
|
(.24)
|
||||||
Distributions from net realized gain
|
(.95)
|
(.42)
|
(.21)
|
(.51)
|
(.59)
|
(1.00)
|
||||||
Total distributions
|
(1.14)
|
(.62)
|
(.38)
|
(.69)
|
(.88)
|
(1.24)
|
||||||
Net asset value, end of period
|
$
|
30.66
|
$
|
28.19
|
$
|
24.18
|
$
|
19.23
|
$
|
16.14
|
$
|
19.05
|
Total Return C,D,E
|
13.06 % |
19.63%
|
28.13%
|
24.10%
|
(11.25)% F
|
49.60%
|
||||||
Ratios to Average Net Assets B,G,H
|
||||||||||||
Expenses before reductions
|
.86% I
|
.86%
|
.88%
|
.90%
|
.90%
|
.91%
|
||||||
Expenses net of fee waivers, if any
|
.86 % I |
.86%
|
.88%
|
.90%
|
.89%
|
.91%
|
||||||
Expenses net of all reductions, if any
|
.86% I
|
.86%
|
.88%
|
.90%
|
.89%
|
.91%
|
||||||
Net investment income (loss)
|
.70% I
|
.83%
|
1.01%
|
.99%
|
.78%
|
.95%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
338,349
|
$
|
271,642
|
$
|
208,007
|
$
|
133,252
|
$
|
88,064
|
$
|
87,302
|
Portfolio turnover rate J
|
10 % I |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity Advisor® Mega Cap Stock Fund Class M |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
28.19
|
$
|
24.17
|
$
|
19.22
|
$
|
16.13
|
$
|
19.03
|
$
|
13.82
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.07
|
.15
|
.16
|
.13
|
.10
|
.11
|
||||||
Net realized and unrealized gain (loss)
|
3.50
|
4.43
|
5.12
|
3.61
|
(2.17)
|
6.31
|
||||||
Total from investment operations
|
3.57
|
4.58
|
5.28
|
3.74
|
(2.07)
|
6.42
|
||||||
Distributions from net investment income
|
(.10)
|
(.14)
|
(.12)
|
(.13)
|
(.24)
|
(.20)
|
||||||
Distributions from net realized gain
|
(.95)
|
(.42)
|
(.21)
|
(.51)
|
(.59)
|
(1.00)
|
||||||
Total distributions
|
(1.06) C
|
(.56)
|
(.33)
|
(.65) C
|
(.83)
|
(1.21) C
|
||||||
Net asset value, end of period
|
$
|
30.70
|
$
|
28.19
|
$
|
24.17
|
$
|
19.22
|
$
|
16.13
|
$
|
19.03
|
Total Return D,E,F
|
12.88 % |
19.34%
|
27.81%
|
23.76%
|
(11.45)% G
|
49.19%
|
||||||
Ratios to Average Net Assets B,H,I
|
||||||||||||
Expenses before reductions
|
1.11% J
|
1.11%
|
1.12%
|
1.16%
|
1.15%
|
1.17%
|
||||||
Expenses net of fee waivers, if any
|
1.11 % J |
1.11%
|
1.11%
|
1.16%
|
1.15%
|
1.17%
|
||||||
Expenses net of all reductions, if any
|
1.11% J
|
1.11%
|
1.11%
|
1.16%
|
1.15%
|
1.16%
|
||||||
Net investment income (loss)
|
.45% J
|
.58%
|
.78%
|
.73%
|
.52%
|
.69%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
46,951
|
$
|
41,900
|
$
|
36,231
|
$
|
30,973
|
$
|
25,617
|
$
|
28,266
|
Portfolio turnover rate K
|
10 % J |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity Advisor® Mega Cap Stock Fund Class C |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
27.40
|
$
|
23.53
|
$
|
18.74
|
$
|
15.74
|
$
|
18.58
|
$
|
13.53
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
(.01)
|
.01
|
.05
|
.03
|
- C
|
.03 C
|
||||||
Net realized and unrealized gain (loss)
|
3.40
|
4.32
|
4.99
|
3.53
|
(2.12)
|
6.15
|
||||||
Total from investment operations
|
3.39
|
4.33
|
5.04
|
3.56
|
(2.12)
|
6.18
|
||||||
Distributions from net investment income
|
(.01)
|
(.04)
|
(.04)
|
(.04)
|
(.15)
|
(.13)
|
||||||
Distributions from net realized gain
|
(.94)
|
(.42)
|
(.21)
|
(.51)
|
(.58)
|
(1.00)
|
||||||
Total distributions
|
(.95)
|
(.46)
|
(.25)
|
(.56) D
|
(.72) D
|
(1.13)
|
||||||
Net asset value, end of period
|
$
|
29.84
|
$
|
27.40
|
$
|
23.53
|
$
|
18.74
|
$
|
15.74
|
$
|
18.58
|
Total Return E,F,G
|
12.60 % |
18.75%
|
27.12%
|
23.12%
|
(11.90)% H
|
48.31%
|
||||||
Ratios to Average Net Assets B,I,J
|
||||||||||||
Expenses before reductions
|
1.63% K
|
1.64%
|
1.66%
|
1.69%
|
1.67%
|
1.69%
|
||||||
Expenses net of fee waivers, if any
|
1.63 % K |
1.64%
|
1.65%
|
1.68%
|
1.67%
|
1.69%
|
||||||
Expenses net of all reductions, if any
|
1.63% K
|
1.63%
|
1.65%
|
1.68%
|
1.67%
|
1.69%
|
||||||
Net investment income (loss)
|
(.07)% K
|
.06%
|
.24%
|
.21%
|
-% L
|
.17%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
59,626
|
$
|
47,843
|
$
|
34,772
|
$
|
23,061
|
$
|
20,255
|
$
|
27,727
|
Portfolio turnover rate M
|
10 % K |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity® Mega Cap Stock Fund |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
28.75
|
$
|
24.63
|
$
|
19.58
|
$
|
16.42
|
$
|
19.36
|
$
|
14.04
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.15
|
.29
|
.28
|
.22
|
.20
|
.20
|
||||||
Net realized and unrealized gain (loss)
|
3.57
|
4.52
|
5.20
|
3.68
|
(2.21)
|
6.40
|
||||||
Total from investment operations
|
3.72
|
4.81
|
5.48
|
3.90
|
(2.01)
|
6.60
|
||||||
Distributions from net investment income
|
(.26)
|
(.27)
|
(.22)
|
(.23)
|
(.34)
|
(.28)
|
||||||
Distributions from net realized gain
|
(.95)
|
(.42)
|
(.21)
|
(.51)
|
(.59)
|
(1.00)
|
||||||
Total distributions
|
(1.22) C
|
(.69)
|
(.43)
|
(.74)
|
(.93)
|
(1.28)
|
||||||
Net asset value, end of period
|
$
|
31.25
|
$
|
28.75
|
$
|
24.63
|
$
|
19.58
|
$
|
16.42
|
$
|
19.36
|
Total Return D,E
|
13.19 % |
20.02%
|
28.44%
|
24.46%
|
(10.99)% F
|
49.96%
|
||||||
Ratios to Average Net Assets B,G,H
|
||||||||||||
Expenses before reductions
|
.58% I
|
.58%
|
.61%
|
.63%
|
.61%
|
.63%
|
||||||
Expenses net of fee waivers, if any
|
.58 % I |
.58%
|
.60%
|
.62%
|
.61%
|
.63%
|
||||||
Expenses net of all reductions, if any
|
.58% I
|
.58%
|
.60%
|
.62%
|
.61%
|
.63%
|
||||||
Net investment income (loss)
|
.98% I
|
1.11%
|
1.29%
|
1.27%
|
1.06%
|
1.23%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
3,374,252
|
$
|
2,534,999
|
$
|
1,973,946
|
$
|
1,203,802
|
$
|
927,217
|
$
|
1,166,988
|
Portfolio turnover rate J
|
10 % I |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity Advisor® Mega Cap Stock Fund Class I |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
28.78
|
$
|
24.66
|
$
|
19.61
|
$
|
16.45
|
$
|
19.39
|
$
|
14.07
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.15
|
.28
|
.27
|
.22
|
.19
|
.20
|
||||||
Net realized and unrealized gain (loss)
|
3.57
|
4.53
|
5.22
|
3.68
|
(2.21)
|
6.42
|
||||||
Total from investment operations
|
3.72
|
4.81
|
5.49
|
3.90
|
(2.02)
|
6.62
|
||||||
Distributions from net investment income
|
(.27)
|
(.27)
|
(.23)
|
(.23)
|
(.34)
|
(.29)
|
||||||
Distributions from net realized gain
|
(.95)
|
(.42)
|
(.21)
|
(.51)
|
(.59)
|
(1.00)
|
||||||
Total distributions
|
(1.22)
|
(.69)
|
(.44)
|
(.74)
|
(.92) C
|
(1.30) C
|
||||||
Net asset value, end of period
|
$
|
31.28
|
$
|
28.78
|
$
|
24.66
|
$
|
19.61
|
$
|
16.45
|
$
|
19.39
|
Total Return D,E
|
13.20 % |
20.00%
|
28.45%
|
24.43%
|
(11.00)% F
|
49.97%
|
||||||
Ratios to Average Net Assets B,G,H
|
||||||||||||
Expenses before reductions
|
.59% I
|
.59%
|
.63%
|
.63%
|
.65%
|
.65%
|
||||||
Expenses net of fee waivers, if any
|
.59 % I |
.59%
|
.62%
|
.62%
|
.64%
|
.65%
|
||||||
Expenses net of all reductions, if any
|
.59% I
|
.59%
|
.62%
|
.62%
|
.64%
|
.64%
|
||||||
Net investment income (loss)
|
.97% I
|
1.10%
|
1.27%
|
1.26%
|
1.03%
|
1.21%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
819,190
|
$
|
531,235
|
$
|
382,995
|
$
|
132,416
|
$
|
52,884
|
$
|
39,876
|
Portfolio turnover rate J
|
10 % I |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity Advisor® Mega Cap Stock Fund Class Z |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
28.56
|
$
|
24.48
|
$
|
19.46
|
$
|
16.32
|
$
|
19.25
|
$
|
13.97
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.16
|
.31
|
.30
|
.24
|
.22
|
.22
|
||||||
Net realized and unrealized gain (loss)
|
3.55
|
4.49
|
5.17
|
3.66
|
(2.20)
|
6.36
|
||||||
Total from investment operations
|
3.71
|
4.80
|
5.47
|
3.90
|
(1.98)
|
6.58
|
||||||
Distributions from net investment income
|
(.30)
|
(.30)
|
(.24)
|
(.25)
|
(.36)
|
(.30)
|
||||||
Distributions from net realized gain
|
(.95)
|
(.42)
|
(.21)
|
(.51)
|
(.59)
|
(1.00)
|
||||||
Total distributions
|
(1.25)
|
(.72)
|
(.45)
|
(.76)
|
(.95)
|
(1.30)
|
||||||
Net asset value, end of period
|
$
|
31.02
|
$
|
28.56
|
$
|
24.48
|
$
|
19.46
|
$
|
16.32
|
$
|
19.25
|
Total Return C,D
|
13.27 % |
20.14%
|
28.59%
|
24.62%
|
(10.92)% E
|
50.14%
|
||||||
Ratios to Average Net Assets B,F,G
|
||||||||||||
Expenses before reductions
|
.47% H
|
.47%
|
.52%
|
.52%
|
.51%
|
.52%
|
||||||
Expenses net of fee waivers, if any
|
.47 % H |
.47%
|
.51%
|
.52%
|
.51%
|
.52%
|
||||||
Expenses net of all reductions, if any
|
.47% H
|
.47%
|
.51%
|
.52%
|
.51%
|
.52%
|
||||||
Net investment income (loss)
|
1.09% H
|
1.22%
|
1.38%
|
1.37%
|
1.16%
|
1.34%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
1,128,407
|
$
|
818,829
|
$
|
422,435
|
$
|
192,632
|
$
|
222,146
|
$
|
313,854
|
Portfolio turnover rate I
|
10 % H |
15%
|
9%
|
18%
|
13%
|
43%
|
Fidelity Central Fund
|
Investment Manager
|
Investment Objective
|
Investment Practices
|
Expense RatioA
|
Fidelity Money Market Central Funds
|
Fidelity Management & Research Company LLC (FMR)
|
Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity.
|
Short-term Investments
|
Less than .005%
|
Gross unrealized appreciation
|
$2,258,965,260
|
Gross unrealized depreciation
|
(97,546,585)
|
Net unrealized appreciation (depreciation)
|
$2,161,418,675
|
Tax cost
|
$3,685,932,854
|
Investment to be Acquired
|
Commitment Amount ($)
|
Unrealized Appreciation (Depreciation)($)
|
|
Fidelity Mega Cap Stock Fund
|
CompoSecure, Inc. Class A
|
12,718,103
|
536,223
|
Equity Risk
|
Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
|
Purchases ($)
|
Sales ($)
|
|
Fidelity Mega Cap Stock Fund
|
1,075,077,717
|
223,725,058
|
Maximum Management Fee Rate %
|
|
Class A
|
.60
|
Class M
|
.60
|
Class C
|
.62
|
Mega Cap Stock
|
.57
|
Class I
|
.58
|
Class Z
|
.46
|
Total Management Fee Rate %
|
|
Class A
|
.60
|
Class M
|
.60
|
Class C
|
.62
|
Mega Cap Stock
|
.57
|
Class I
|
.58
|
Class Z
|
.46
|
Distribution Fee
|
Service Fee
|
Total Fees ($)
|
Retained by FDC ($)
|
|
Class A
|
- %
|
.25%
|
382,121
|
19,378
|
Class M
|
.25%
|
.25%
|
110,584
|
-
|
Class C
|
.75%
|
.25%
|
270,557
|
81,925
|
763,262
|
101,303
|
Retained by FDC ($)
|
|
Class A
|
137,829
|
Class M
|
2,240
|
Class CA
|
150
|
140,219
|
Amount ($)
|
|
Fidelity Mega Cap Stock Fund
|
6,423
|
Purchases ($)
|
Sales ($)
|
Realized Gain (Loss) ($)
|
|
Fidelity Mega Cap Stock Fund
|
70,076,155
|
22,532,960
|
6,959,674
|
Amount ($)
|
|
Fidelity Mega Cap Stock Fund
|
2,385
|
Total Security Lending Fees Paid to NFS ($)
|
Security Lending Income From Securities Loaned to NFS ($)
|
Value of Securities Loaned to NFS at Period End ($)
|
|
Fidelity Mega Cap Stock Fund
|
10,888
|
-
|
-
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Mega Cap Stock Fund
|
||
Distributions to shareholders
|
||
Class A
|
$11,656,881
|
$5,497,190
|
Class M
|
1,553,367
|
831,613
|
Class C
|
1,755,697
|
716,276
|
Mega Cap Stock
|
117,539,238
|
56,920,560
|
Class I
|
27,071,109
|
10,394,212
|
Class Z
|
39,786,585
|
14,817,982
|
Total
|
$199,362,877
|
$89,177,833
|
Shares
|
Shares
|
Dollars
|
Dollars
|
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Mega Cap Stock Fund
|
||||
Class A
|
||||
Shares sold
|
1,602,194
|
2,257,768
|
$47,328,905
|
$57,316,050
|
Reinvestment of distributions
|
396,803
|
226,275
|
11,561,811
|
5,446,810
|
Shares redeemed
|
(597,632)
|
(1,452,835)
|
(17,633,190)
|
(36,329,356)
|
Net increase (decrease)
|
1,401,365
|
1,031,208
|
$41,257,526
|
$26,433,504
|
Class M
|
||||
Shares sold
|
151,260
|
274,899
|
$4,469,967
|
$7,029,016
|
Reinvestment of distributions
|
53,288
|
34,505
|
1,552,225
|
830,344
|
Shares redeemed
|
(161,712)
|
(322,309)
|
(4,754,250)
|
(8,260,393)
|
Net increase (decrease)
|
42,836
|
(12,905)
|
$1,267,942
|
$(401,033)
|
Class C
|
||||
Shares sold
|
370,690
|
613,877
|
$10,623,727
|
$15,117,464
|
Reinvestment of distributions
|
61,969
|
30,558
|
1,752,876
|
714,530
|
Shares redeemed
|
(180,585)
|
(375,984)
|
(5,187,759)
|
(9,195,448)
|
Net increase (decrease)
|
252,074
|
268,451
|
$7,188,844
|
$6,636,546
|
Mega Cap Stock
|
||||
Shares sold
|
26,242,083
|
28,871,381
|
$793,090,809
|
$746,504,089
|
Reinvestment of distributions
|
3,599,225
|
2,114,955
|
107,066,791
|
51,888,381
|
Shares redeemed
|
(10,050,748)
|
(22,938,304)
|
(303,300,137)
|
(585,929,361)
|
Net increase (decrease)
|
19,790,560
|
8,048,032
|
$596,857,463
|
$212,463,109
|
Class I
|
||||
Shares sold
|
9,676,265
|
10,205,393
|
$292,217,092
|
$264,428,691
|
Reinvestment of distributions
|
897,849
|
414,797
|
26,773,221
|
10,192,705
|
Shares redeemed
|
(2,841,863)
|
(7,691,002)
|
(85,976,816)
|
(195,541,442)
|
Net increase (decrease)
|
7,732,251
|
2,929,188
|
$233,013,497
|
$79,079,954
|
Class Z
|
||||
Shares sold
|
8,969,641
|
21,046,412
|
$268,665,039
|
$516,960,294
|
Reinvestment of distributions
|
541,957
|
278,046
|
16,071,557
|
6,781,731
|
Shares redeemed
|
(1,802,770)
|
(9,908,650)
|
(54,046,407)
|
(243,158,853)
|
Net increase (decrease)
|
7,708,828
|
11,415,808
|
$230,690,189
|
$280,583,172
|
![]() |


Contents
Common Stocks - 99.0%
|
|||
Shares
|
Value ($)
|
||
AUSTRALIA - 0.1%
|
|||
Information Technology - 0.1%
|
|||
Software - 0.1%
|
|||
Canva Australia Holdings Pty Ltd Class A (b)(c)(d)
|
2,900
|
4,773,806
|
|
BELGIUM - 0.9%
|
|||
Health Care - 0.9%
|
|||
Pharmaceuticals - 0.9%
|
|||
UCB SA
|
206,300
|
57,847,081
|
|
BRAZIL - 0.4%
|
|||
Consumer Discretionary - 0.1%
|
|||
Broadline Retail - 0.1%
|
|||
MercadoLibre Inc (d)
|
2,141
|
4,312,531
|
|
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
NU Holdings Ltd/Cayman Islands Class A (d)
|
327,900
|
5,489,046
|
|
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
Vale SA ADR
|
1,086,000
|
14,150,580
|
|
TOTAL BRAZIL
|
23,952,157
|
||
CANADA - 1.7%
|
|||
Information Technology - 0.7%
|
|||
IT Services - 0.7%
|
|||
Shopify Inc Class A (United States) (d)
|
279,800
|
45,039,406
|
|
Materials - 1.0%
|
|||
Metals & Mining - 1.0%
|
|||
Agnico Eagle Mines Ltd/CA (United States) (e)
|
209,500
|
35,516,535
|
|
Franco-Nevada Corp
|
150,400
|
31,175,771
|
|
TOTAL MATERIALS
|
66,692,306
|
||
TOTAL CANADA
|
111,731,712
|
||
CHINA - 1.0%
|
|||
Communication Services - 0.8%
|
|||
Interactive Media & Services - 0.8%
|
|||
Tencent Holdings Ltd
|
652,735
|
50,093,194
|
|
Consumer Discretionary - 0.2%
|
|||
Broadline Retail - 0.2%
|
|||
Alibaba Group Holding Ltd ADR
|
76,700
|
11,242,686
|
|
TOTAL CHINA
|
61,335,880
|
||
GERMANY - 0.4%
|
|||
Consumer Discretionary - 0.4%
|
|||
Specialty Retail - 0.4%
|
|||
Auto1 Group SE (d)
|
866,200
|
27,790,260
|
|
GRAND CAYMAN (UK OVERSEAS TER) - 0.0%
|
|||
Financials - 0.0%
|
|||
Capital Markets - 0.0%
|
|||
Bullish
|
11,200
|
424,144
|
|
ISRAEL - 0.0%
|
|||
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
Gamida Cell Ltd rights (b)(d)(e)
|
993,684
|
10
|
|
KOREA (SOUTH) - 1.0%
|
|||
Information Technology - 1.0%
|
|||
Semiconductors & Semiconductor Equipment - 1.0%
|
|||
SK Hynix Inc
|
135,490
|
61,331,513
|
|
NETHERLANDS - 0.4%
|
|||
Health Care - 0.4%
|
|||
Biotechnology - 0.4%
|
|||
Argenx SE ADR (d)
|
33,202
|
27,921,222
|
|
TAIWAN - 2.9%
|
|||
Information Technology - 2.9%
|
|||
Electronic Equipment, Instruments & Components - 0.0%
|
|||
Chroma ATE Inc
|
174,000
|
4,301,161
|
|
Semiconductors & Semiconductor Equipment - 2.9%
|
|||
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
605,801
|
184,096,866
|
|
TOTAL TAIWAN
|
188,398,027
|
||
THAILAND - 0.0%
|
|||
Information Technology - 0.0%
|
|||
Electronic Equipment, Instruments & Components - 0.0%
|
|||
Fabrinet (d)
|
6,400
|
2,913,792
|
|
UNITED KINGDOM - 0.1%
|
|||
Consumer Discretionary - 0.1%
|
|||
Hotels, Restaurants & Leisure - 0.1%
|
|||
Flutter Entertainment PLC (d)
|
33,900
|
7,289,856
|
|
UNITED STATES - 90.1%
|
|||
Communication Services - 12.7%
|
|||
Entertainment - 2.0%
|
|||
Live Nation Entertainment Inc (d)(e)
|
118,734
|
16,919,595
|
|
Netflix Inc (d)
|
1,128,297
|
105,789,127
|
|
ROBLOX Corp Class A (d)
|
140,585
|
11,391,603
|
|
Spotify Technology SA (d)
|
900
|
522,638
|
|
134,622,963
|
|||
Interactive Media & Services - 10.7%
|
|||
Alphabet Inc Class A
|
1,336,268
|
418,251,884
|
|
Epic Games Inc (b)(c)(d)
|
2,244
|
1,458,802
|
|
Meta Platforms Inc Class A
|
399,536
|
263,729,718
|
|
683,440,404
|
|||
TOTAL COMMUNICATION SERVICES
|
818,063,367
|
||
Consumer Discretionary - 10.5%
|
|||
Automobiles - 2.4%
|
|||
Tesla Inc (d)
|
344,812
|
155,068,853
|
|
Broadline Retail - 5.2%
|
|||
Amazon.com Inc (d)
|
1,439,812
|
332,337,406
|
|
Diversified Consumer Services - 0.1%
|
|||
Duolingo Inc Class A (d)(e)
|
39,111
|
6,863,981
|
|
Hotels, Restaurants & Leisure - 1.2%
|
|||
Airbnb Inc Class A (d)
|
32,377
|
4,394,206
|
|
Hilton Worldwide Holdings Inc
|
115,021
|
33,039,782
|
|
Viking Holdings Ltd (d)
|
556,735
|
39,756,447
|
|
77,190,435
|
|||
Household Durables - 0.8%
|
|||
Blu Homes Inc (b)(c)(d)
|
3,320,224
|
1,029
|
|
DR Horton Inc
|
156,704
|
22,570,077
|
|
Lennar Corp Class A
|
25,500
|
2,621,400
|
|
SharkNinja Inc (d)
|
213,900
|
23,935,410
|
|
49,127,916
|
|||
Specialty Retail - 0.8%
|
|||
AutoZone Inc (d)
|
3,400
|
11,531,100
|
|
Lowe's Cos Inc
|
20,007
|
4,824,888
|
|
Ross Stores Inc
|
45,200
|
8,142,328
|
|
Williams-Sonoma Inc
|
153,817
|
27,470,178
|
|
51,968,494
|
|||
TOTAL CONSUMER DISCRETIONARY
|
672,557,085
|
||
Consumer Staples - 1.5%
|
|||
Consumer Staples Distribution & Retail - 0.7%
|
|||
Costco Wholesale Corp
|
51,100
|
44,065,574
|
|
Personal Care Products - 0.3%
|
|||
Estee Lauder Cos Inc/The Class A
|
231,700
|
24,263,624
|
|
Tobacco - 0.5%
|
|||
Philip Morris International Inc
|
182,700
|
29,305,080
|
|
TOTAL CONSUMER STAPLES
|
97,634,278
|
||
Energy - 0.5%
|
|||
Oil, Gas & Consumable Fuels - 0.5%
|
|||
APA Corp
|
467,600
|
11,437,496
|
|
Cheniere Energy Inc
|
71,379
|
13,875,364
|
|
EQT Corp
|
180,200
|
9,658,720
|
|
TOTAL ENERGY
|
34,971,580
|
||
Financials - 8.1%
|
|||
Banks - 0.9%
|
|||
Bank of America Corp
|
1,002,900
|
55,159,500
|
|
US Bancorp
|
93,900
|
5,010,504
|
|
60,170,004
|
|||
Capital Markets - 2.4%
|
|||
Cboe Global Markets Inc
|
118,100
|
29,643,100
|
|
Charles Schwab Corp/The
|
325,900
|
32,560,669
|
|
Coinbase Global Inc Class A (d)
|
53,800
|
12,166,332
|
|
Gemini Space Station Inc Class A (e)
|
5,300
|
52,576
|
|
Morgan Stanley
|
431,710
|
76,641,476
|
|
Wealthfront Corp (d)
|
46,000
|
625,140
|
|
151,689,293
|
|||
Consumer Finance - 0.6%
|
|||
Capital One Financial Corp
|
152,136
|
36,871,681
|
|
Financial Services - 4.2%
|
|||
Apollo Global Management Inc
|
294,200
|
42,588,392
|
|
Mastercard Inc Class A
|
400,438
|
228,602,046
|
|
271,190,438
|
|||
TOTAL FINANCIALS
|
519,921,416
|
||
Health Care - 6.8%
|
|||
Biotechnology - 2.0%
|
|||
Adamas Pharmaceuticals Inc rights (b)(d)
|
678,800
|
6,788
|
|
Adamas Pharmaceuticals Inc rights (b)(d)
|
678,800
|
7
|
|
Alnylam Pharmaceuticals Inc (d)
|
163,449
|
64,995,495
|
|
Blueprint Medicines Corp rights (b)(d)
|
20,114
|
0
|
|
Cogent Biosciences Inc (d)
|
162,200
|
5,761,344
|
|
Cytokinetics Inc (d)
|
50,201
|
3,189,772
|
|
Gilead Sciences Inc
|
81,102
|
9,954,459
|
|
Insmed Inc (d)
|
219,676
|
38,232,411
|
|
Legend Biotech Corp ADR (d)
|
240,613
|
5,230,927
|
|
Moderna Inc (d)
|
136,800
|
4,034,232
|
|
131,405,435
|
|||
Health Care Equipment & Supplies - 1.7%
|
|||
Edwards Lifesciences Corp (d)
|
450,400
|
38,396,600
|
|
Insulet Corp (d)
|
105,400
|
29,958,896
|
|
Medline Inc Class A
|
366,800
|
15,405,600
|
|
Penumbra Inc (d)
|
71,392
|
22,196,487
|
|
105,957,583
|
|||
Health Care Providers & Services - 0.3%
|
|||
CVS Health Corp
|
252,700
|
20,054,272
|
|
Health Care Technology - 0.2%
|
|||
Veeva Systems Inc Class A (d)
|
68,800
|
15,358,223
|
|
Pharmaceuticals - 2.6%
|
|||
Crinetics Pharmaceuticals Inc (d)
|
11,300
|
526,015
|
|
Eli Lilly & Co
|
151,056
|
162,336,862
|
|
162,862,877
|
|||
TOTAL HEALTH CARE
|
435,638,390
|
||
Industrials - 7.3%
|
|||
Aerospace & Defense - 1.2%
|
|||
Anduril Industries Inc Class B (b)(c)
|
800
|
36,528
|
|
Beta Technologies Inc Class A (d)
|
34,600
|
976,066
|
|
Boeing Co (d)
|
196,400
|
42,642,368
|
|
GE Aerospace
|
117,877
|
36,309,652
|
|
79,964,614
|
|||
Air Freight & Logistics - 0.1%
|
|||
CH Robinson Worldwide Inc
|
26,301
|
4,228,149
|
|
Building Products - 0.8%
|
|||
Trane Technologies PLC
|
127,910
|
49,782,572
|
|
Construction & Engineering - 0.5%
|
|||
Dycom Industries Inc (d)
|
58,100
|
19,631,990
|
|
EMCOR Group Inc
|
20,900
|
12,786,411
|
|
32,418,401
|
|||
Electrical Equipment - 1.6%
|
|||
GE Vernova Inc
|
107,007
|
69,936,565
|
|
Nextpower Inc Class A (d)
|
396,500
|
34,539,115
|
|
104,475,680
|
|||
Machinery - 2.0%
|
|||
Cummins Inc
|
77,100
|
39,355,695
|
|
Deere & Co
|
39,779
|
18,519,909
|
|
Parker-Hannifin Corp
|
34,800
|
30,587,808
|
|
Westinghouse Air Brake Technologies Corp
|
187,961
|
40,120,275
|
|
128,583,687
|
|||
Passenger Airlines - 0.1%
|
|||
Delta Air Lines Inc
|
115,805
|
8,036,867
|
|
Trading Companies & Distributors - 1.0%
|
|||
Ferguson Enterprises Inc (United Kingdom)
|
176,118
|
39,431,851
|
|
United Rentals Inc
|
28,400
|
22,984,688
|
|
62,416,539
|
|||
TOTAL INDUSTRIALS
|
469,906,509
|
||
Information Technology - 40.4%
|
|||
Communications Equipment - 0.6%
|
|||
Arista Networks Inc (d)
|
105,500
|
13,823,665
|
|
Lumentum Holdings Inc (d)
|
65,900
|
24,290,081
|
|
38,113,746
|
|||
Electronic Equipment, Instruments & Components - 1.8%
|
|||
Amphenol Corp Class A
|
505,074
|
68,255,700
|
|
Coherent Corp (d)
|
195,800
|
36,138,806
|
|
Corning Inc
|
113,200
|
9,911,792
|
|
114,306,298
|
|||
Semiconductors & Semiconductor Equipment - 20.1%
|
|||
Advanced Micro Devices Inc (d)
|
65,100
|
13,941,816
|
|
Broadcom Inc
|
878,893
|
304,184,867
|
|
First Solar Inc (d)
|
131,100
|
34,247,253
|
|
Lam Research Corp
|
91,000
|
15,577,380
|
|
Marvell Technology Inc
|
425,300
|
36,141,994
|
|
Micron Technology Inc
|
66,500
|
18,979,765
|
|
NVIDIA Corp
|
4,609,694
|
859,707,932
|
|
SiTime Corp (d)
|
8,800
|
3,108,072
|
|
1,285,889,079
|
|||
Software - 12.5%
|
|||
Asapp Inc warrants 8/28/2028 (b)(c)(d)
|
1,014,955
|
588,674
|
|
Cadence Design Systems Inc (d)
|
72,600
|
22,693,308
|
|
Datadog Inc Class A (d)
|
204,700
|
27,837,153
|
|
Microsoft Corp
|
1,318,699
|
637,749,210
|
|
Oracle Corp
|
182,111
|
35,495,255
|
|
Palantir Technologies Inc Class A (d)
|
207,600
|
36,900,900
|
|
Synopsys Inc (d)
|
73,200
|
34,383,504
|
|
Via Transportation Inc Class A (d)(e)
|
6,300
|
182,763
|
|
795,830,767
|
|||
Technology Hardware, Storage & Peripherals - 5.4%
|
|||
Apple Inc
|
1,282,644
|
348,699,598
|
|
TOTAL INFORMATION TECHNOLOGY
|
2,582,839,488
|
||
Materials - 0.8%
|
|||
Chemicals - 0.5%
|
|||
Corteva Inc
|
330,500
|
22,153,416
|
|
Sherwin-Williams Co/The
|
33,000
|
10,692,990
|
|
32,846,406
|
|||
Construction Materials - 0.1%
|
|||
Vulcan Materials Co
|
23,905
|
6,818,184
|
|
Metals & Mining - 0.2%
|
|||
Alcoa Corp
|
193,960
|
10,307,034
|
|
TOTAL MATERIALS
|
49,971,624
|
||
Real Estate - 0.6%
|
|||
Health Care REITs - 0.3%
|
|||
Ventas Inc
|
235,200
|
18,199,776
|
|
Real Estate Management & Development - 0.3%
|
|||
Zillow Group Inc Class C (d)
|
256,860
|
17,522,989
|
|
TOTAL REAL ESTATE
|
35,722,765
|
||
Utilities - 0.9%
|
|||
Electric Utilities - 0.7%
|
|||
Constellation Energy Corp
|
30,700
|
10,845,389
|
|
NRG Energy Inc
|
203,600
|
32,421,264
|
|
43,266,653
|
|||
Independent Power and Renewable Electricity Producers - 0.2%
|
|||
Vistra Corp
|
85,300
|
13,761,449
|
|
TOTAL UTILITIES
|
57,028,102
|
||
TOTAL UNITED STATES
|
5,774,254,604
|
||
|
TOTAL COMMON STOCKS
(Cost $4,266,840,448)
|
6,349,964,064
|
||
Convertible Corporate Bonds - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc 15% (b)(c)(f)
(Cost $809,600)
|
809,600
|
522,272
|
|
Convertible Preferred Stocks - 0.8%
|
|||
Shares
|
Value ($)
|
||
AUSTRALIA - 0.0%
|
|||
Information Technology - 0.0%
|
|||
Software - 0.0%
|
|||
Canva Australia Holdings Pty Ltd Series A (b)(c)(d)
|
423
|
696,317
|
|
Canva Australia Holdings Pty Ltd Series A2 (b)(c)(d)
|
77
|
126,753
|
|
TOTAL AUSTRALIA
|
823,070
|
||
UNITED STATES - 0.8%
|
|||
Financials - 0.0%
|
|||
Financial Services - 0.0%
|
|||
Akeana Series C (b)(c)(d)
|
30,000
|
357,600
|
|
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
ElevateBio LLC Series C (b)(c)(d)
|
75,700
|
144,587
|
|
Industrials - 0.1%
|
|||
Aerospace & Defense - 0.1%
|
|||
Anduril Industries Inc Series F (b)(c)(d)
|
114,642
|
5,234,554
|
|
Anduril Industries Inc Series G (b)(c)
|
7,400
|
337,884
|
|
5,572,438
|
|||
Air Freight & Logistics - 0.0%
|
|||
Zipline International Inc Series H (b)(c)
|
58,100
|
3,268,953
|
|
TOTAL INDUSTRIALS
|
8,841,391
|
||
Information Technology - 0.7%
|
|||
IT Services - 0.3%
|
|||
X.Ai Holdings Corp Series C (b)(c)
|
204,100
|
15,401,386
|
|
Software - 0.4%
|
|||
Anthropic PBC Series F (b)(c)
|
25,300
|
5,902,490
|
|
Asapp Inc Series C (b)(c)(d)
|
250,763
|
268,316
|
|
Asapp Inc Series D (b)(c)(d)
|
1,768,998
|
1,503,649
|
|
Databricks Inc Series K (b)(c)
|
23,900
|
4,541,000
|
|
OpenAI Group Pbc Series A-2 (b)(c)
|
18,274
|
8,725,470
|
|
20,940,925
|
|||
TOTAL INFORMATION TECHNOLOGY
|
36,342,311
|
||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc Series C2 (b)(c)(d)
|
50,974
|
608,120
|
|
Illuminated Holdings Inc Series C3 (b)(c)(d)
|
63,718
|
760,156
|
|
Illuminated Holdings Inc Series C4 (b)(c)(d)
|
18,303
|
218,354
|
|
Illuminated Holdings Inc Series C5 (b)(c)(d)
|
36,887
|
440,062
|
|
TOTAL MATERIALS
|
2,026,692
|
||
TOTAL UNITED STATES
|
47,712,581
|
||
|
TOTAL CONVERTIBLE PREFERRED STOCKS
(Cost $36,223,986)
|
48,535,651
|
||
Preferred Securities - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc 15% (b)(c)(f)
(Cost $1,098,800)
|
1,098,800
|
1,028,367
|
|
Money Market Funds - 0.5%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (g)
|
3.79
|
11,569,987
|
11,572,301
|
|
Fidelity Securities Lending Cash Central Fund (g)(h)
|
3.77
|
20,852,869
|
20,854,954
|
|
|
TOTAL MONEY MARKET FUNDS
(Cost $32,427,704)
|
32,427,255
|
|||
|
TOTAL INVESTMENT IN SECURITIES - 100.3%
(Cost $4,337,400,538)
|
6,432,477,609
|
NET OTHER ASSETS (LIABILITIES) - (0.3)%
|
(16,067,492)
|
NET ASSETS - 100.0%
|
6,416,410,117
|
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
Level 3 security.
|
(c)
|
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $56,945,129 or 0.9% of net assets.
|
(d)
|
Non-income producing.
|
(e)
|
Security or a portion of the security is on loan at period end.
|
(f)
|
Security is perpetual in nature with no stated maturity date.
|
(g)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(h)
|
Investment made with cash collateral received from securities on loan.
|
Additional information on each restricted holding is as follows:
|
||
Security
|
Acquisition Date
|
Acquisition Cost ($)
|
Akeana Series C
|
1/23/2024
|
382,824
|
Anduril Industries Inc Class B
|
6/16/2025
|
32,706
|
Anduril Industries Inc Series F
|
8/7/2024
|
2,491,927
|
Anduril Industries Inc Series G
|
4/17/2025
|
302,533
|
Anthropic PBC Series F
|
8/18/2025
|
3,566,480
|
Asapp Inc Series C
|
4/30/2021
|
1,654,309
|
Asapp Inc Series D
|
8/29/2023
|
6,830,986
|
Asapp Inc warrants 8/28/2028
|
8/29/2023
|
1
|
Blu Homes Inc
|
5/21/2020
|
5,743
|
Canva Australia Holdings Pty Ltd Class A
|
8/19/2025 - 11/12/2025
|
4,773,806
|
Canva Australia Holdings Pty Ltd Series A
|
9/22/2023
|
451,198
|
Canva Australia Holdings Pty Ltd Series A2
|
9/22/2023
|
82,133
|
Databricks Inc Series K
|
9/8/2025
|
3,585,000
|
ElevateBio LLC Series C
|
3/9/2021
|
317,561
|
Epic Games Inc
|
3/29/2021
|
1,985,940
|
Illuminated Holdings Inc 15%
|
6/14/2023
|
809,600
|
Illuminated Holdings Inc 15%
|
9/27/2023
|
1,098,800
|
Illuminated Holdings Inc Series C2
|
7/7/2020
|
1,274,350
|
Illuminated Holdings Inc Series C3
|
7/7/2020
|
1,911,540
|
Illuminated Holdings Inc Series C4
|
1/8/2021
|
658,908
|
Illuminated Holdings Inc Series C5
|
6/16/2021
|
1,593,518
|
OpenAI Group Pbc Series A-2
|
9/30/2024
|
3,433,000
|
X.Ai Holdings Corp Series C
|
11/22/2024
|
4,418,765
|
Zipline International Inc Series H
|
12/3/2025
|
3,268,954
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
% ownership,
end
of period
|
Fidelity Cash Central Fund
|
63,622,227
|
668,879,022
|
720,929,150
|
509,963
|
651
|
(449)
|
11,572,301
|
11,569,987
|
0.0%
|
Fidelity Securities Lending Cash Central Fund
|
186,613,316
|
255,416,704
|
421,176,445
|
316,183
|
1,379
|
-
|
20,854,954
|
20,852,869
|
0.1%
|
Total
|
250,235,543
|
924,295,726
|
1,142,105,595
|
826,146
|
2,030
|
(449)
|
32,427,255
|
||
Valuation Inputs at Reporting Date:
|
||||
Description
|
Total ($)
|
Level 1 ($)
|
Level 2 ($)
|
Level 3 ($)
|
Investments in Securities:
|
||||
Common Stocks
|
||||
Communication Services
|
868,156,561
|
816,604,565
|
50,093,194
|
1,458,802
|
Consumer Discretionary
|
723,192,418
|
723,191,389
|
-
|
1,029
|
Consumer Staples
|
97,634,278
|
97,634,278
|
-
|
-
|
Energy
|
34,971,580
|
34,971,580
|
-
|
-
|
Financials
|
525,834,606
|
525,834,606
|
-
|
-
|
Health Care
|
521,406,703
|
521,399,898
|
-
|
6,805
|
Industrials
|
469,906,509
|
469,869,981
|
-
|
36,528
|
Information Technology
|
2,885,296,032
|
2,818,602,039
|
61,331,513
|
5,362,480
|
Materials
|
130,814,510
|
130,814,510
|
-
|
-
|
Real Estate
|
35,722,765
|
35,722,765
|
-
|
-
|
Utilities
|
57,028,102
|
57,028,102
|
-
|
-
|
Convertible Corporate Bonds
|
||||
Materials
|
522,272
|
-
|
-
|
522,272
|
Convertible Preferred Stocks
|
||||
Financials
|
357,600
|
-
|
-
|
357,600
|
Health Care
|
144,587
|
-
|
-
|
144,587
|
Industrials
|
8,841,391
|
-
|
-
|
8,841,391
|
Information Technology
|
37,165,381
|
-
|
-
|
37,165,381
|
Materials
|
2,026,692
|
-
|
-
|
2,026,692
|
Preferred Securities
|
||||
Materials
|
1,028,367
|
-
|
-
|
1,028,367
|
Money Market Funds
|
32,427,255
|
32,427,255
|
-
|
-
|
Total Investments in Securities:
|
6,432,477,609
|
6,264,100,968
|
111,424,707
|
56,951,934
|
Statement of Assets and Liabilities
|
||||
|
As of December 31, 2025 (Unaudited)
|
||||
Assets
|
||||
Investment in securities, at value (including securities loaned of $20,204,717) - See accompanying schedule:
|
||||
Unaffiliated issuers (cost $4,304,972,834)
|
$
|
6,400,050,354
|
||
Fidelity Central Funds (cost $32,427,704)
|
32,427,255
|
|||
Total Investment in Securities (cost $4,337,400,538)
|
$
|
6,432,477,609
|
||
Foreign currency held at value (cost $233,356)
|
232,878
|
|||
Receivable for investments sold
|
7,700,861
|
|||
Receivable for fund shares sold
|
1,671,721
|
|||
Dividends receivable
|
1,705,644
|
|||
Interest receivable
|
234,709
|
|||
Distributions receivable from Fidelity Central Funds
|
29,754
|
|||
Prepaid expenses
|
5,182
|
|||
Other receivables
|
15,552
|
|||
Total assets
|
6,444,073,910
|
|||
Liabilities
|
||||
Payable for fund shares redeemed
|
$
|
4,388,051
|
||
Accrued management fee
|
2,369,995
|
|||
Other payables and accrued expenses
|
57,977
|
|||
Collateral on securities loaned
|
20,847,770
|
|||
Total liabilities
|
27,663,793
|
|||
Commitments and contingent liabilities (see Significant Accounting Policies note)
|
||||
Net Assets
|
$
|
6,416,410,117
|
||
Net Assets consist of:
|
||||
Paid in capital
|
$
|
3,791,300,397
|
||
Total accumulated earnings (loss)
|
2,625,109,720
|
|||
Net Assets
|
$
|
6,416,410,117
|
||
Net Asset Value and Maximum Offering Price
|
||||
Growth Discovery :
|
||||
Net Asset Value, offering price and redemption price per share ($5,722,017,515 ÷ 81,945,865 shares)
|
$
|
69.83
|
||
Class K :
|
||||
Net Asset Value, offering price and redemption price per share ($694,392,602 ÷ 9,919,626 shares)
|
$
|
70.00
|
||
Statement of Operations
|
||||
Six months ended December 31, 2025 (Unaudited)
|
||||
Investment Income
|
||||
Dividends
|
$
|
15,520,101
|
||
Interest
|
114,681
|
|||
Income from Fidelity Central Funds (including $316,183 from security lending)
|
826,146
|
|||
Total income
|
16,460,928
|
|||
Expenses
|
||||
Management fee
|
||||
Basic fee
|
$
|
19,482,236
|
||
Performance adjustment
|
(4,598,096)
|
|||
Custodian fees and expenses
|
39,365
|
|||
Independent trustees' fees and expenses
|
13,129
|
|||
Registration fees
|
59,329
|
|||
Audit fees
|
45,095
|
|||
Legal
|
5,787
|
|||
Interest
|
34,065
|
|||
Miscellaneous
|
8,760
|
|||
Total expenses
|
15,089,670
|
|||
Net Investment income (loss)
|
1,371,258
|
|||
Realized and Unrealized Gain (Loss)
|
||||
Net realized gain (loss) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
(6,469,603)
|
|||
Redemptions in-kind
|
554,951,694
|
|||
Fidelity Central Funds
|
2,030
|
|||
Foreign currency transactions
|
(131,002)
|
|||
Futures contracts
|
1,660,672
|
|||
Total net realized gain (loss)
|
550,013,791
|
|||
Change in net unrealized appreciation (depreciation) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
(25,518,596)
|
|||
Fidelity Central Funds
|
(449)
|
|||
Assets and liabilities in foreign currencies
|
(15,335)
|
|||
Total change in net unrealized appreciation (depreciation)
|
(25,534,380)
|
|||
Net gain (loss)
|
524,479,411
|
|||
Net increase (decrease) in net assets resulting from operations
|
$
|
525,850,669
|
||
Statement of Changes in Net Assets
|
||||
Six months ended
December 31, 2025
(Unaudited)
|
Year ended
June 30, 2025
|
|||
Increase (Decrease) in Net Assets
|
||||
Operations
|
||||
Net investment income (loss)
|
$
|
1,371,258
|
$
|
32,348
|
Net realized gain (loss)
|
550,013,791
|
676,202,460
|
||
Change in net unrealized appreciation (depreciation)
|
(25,534,380)
|
(3,389,348)
|
||
Net increase (decrease) in net assets resulting from operations
|
525,850,669
|
672,845,460
|
||
Distributions to shareholders
|
(111,294,245)
|
(728,368,940)
|
||
Share transactions - net increase (decrease)
|
(311,621,720)
|
479,939,387
|
||
Total increase (decrease) in net assets
|
102,934,704
|
424,415,907
|
||
Net Assets
|
||||
Beginning of period
|
6,313,475,413
|
5,889,059,506
|
||
End of period
|
$
|
6,416,410,117
|
$
|
6,313,475,413
|
Fidelity® Growth Discovery Fund |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
65.48
|
$
|
66.33
|
$
|
50.18
|
$
|
42.65
|
$
|
58.70
|
$
|
45.22
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.01
|
- C
|
(.04)
|
.18
|
(.07)
|
(.07)
|
||||||
Net realized and unrealized gain (loss)
|
5.45
|
7.05
|
17.56
|
8.84
|
(8.48)
|
18.53
|
||||||
Total from investment operations
|
5.46
|
7.05
|
17.52
|
9.02
|
(8.55)
|
18.46
|
||||||
Distributions from net investment income
|
(.12)
|
-
|
(.03)
|
(.01)
|
(.13)
|
(.01)
|
||||||
Distributions from net realized gain
|
(.99)
|
(7.90)
|
(1.35)
|
(1.48)
|
(7.37)
|
(4.98)
|
||||||
Total distributions
|
(1.11)
|
(7.90)
|
(1.37) D
|
(1.49)
|
(7.50)
|
(4.98) D
|
||||||
Net asset value, end of period
|
$
|
69.83
|
$
|
65.48
|
$
|
66.33
|
$
|
50.18
|
$
|
42.65
|
$
|
58.70
|
Total Return E,F
|
8.41 % |
12.24%
|
35.89%
|
21.46%
|
(17.10)%
|
43.10%
|
||||||
Ratios to Average Net Assets B,G,H
|
||||||||||||
Expenses before reductions
|
.47% I
|
.62%
|
.69%
|
.83%
|
.77%
|
.79%
|
||||||
Expenses net of fee waivers, if any
|
.47 % I |
.62%
|
.69%
|
.83%
|
.77%
|
.79%
|
||||||
Expenses net of all reductions, if any
|
.47% I
|
.62%
|
.69%
|
.83%
|
.77%
|
.78%
|
||||||
Net investment income (loss)
|
.03% I
|
(.01)%
|
(.08)%
|
.40%
|
(.14)%
|
(.12)%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
5,722,018
|
$
|
5,621,912
|
$
|
5,286,394
|
$
|
3,073,034
|
$
|
2,338,597
|
$
|
2,944,158
|
Portfolio turnover rate J
|
78 % I,K |
60% K
|
41% K
|
53%
|
45%
|
51%
|
Fidelity® Growth Discovery Fund Class K |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
65.66
|
$
|
66.47
|
$
|
50.29
|
$
|
42.71
|
$
|
58.78
|
$
|
45.27
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.04
|
.04
|
.01
|
.22
|
(.02)
|
(.02)
|
||||||
Net realized and unrealized gain (loss)
|
5.46
|
7.07
|
17.59
|
8.87
|
(8.50)
|
18.56
|
||||||
Total from investment operations
|
5.50
|
7.11
|
17.60
|
9.09
|
(8.52)
|
18.54
|
||||||
Distributions from net investment income
|
(.17)
|
-
|
(.08)
|
(.03)
|
(.16)
|
(.03)
|
||||||
Distributions from net realized gain
|
(.99)
|
(7.92)
|
(1.35)
|
(1.48)
|
(7.40)
|
(5.00)
|
||||||
Total distributions
|
(1.16)
|
(7.92)
|
(1.42) C
|
(1.51)
|
(7.55) C
|
(5.03)
|
||||||
Net asset value, end of period
|
$
|
70.00
|
$
|
65.66
|
$
|
66.47
|
$
|
50.29
|
$
|
42.71
|
$
|
58.78
|
Total Return D,E
|
8.45 % |
12.32%
|
36.00%
|
21.61%
|
(17.04)%
|
43.25%
|
||||||
Ratios to Average Net Assets B,F,G
|
||||||||||||
Expenses before reductions
|
.40% H
|
.54%
|
.59%
|
.73%
|
.68%
|
.69%
|
||||||
Expenses net of fee waivers, if any
|
.40 % H |
.54%
|
.59%
|
.72%
|
.68%
|
.69%
|
||||||
Expenses net of all reductions, if any
|
.40% H
|
.54%
|
.59%
|
.72%
|
.68%
|
.69%
|
||||||
Net investment income (loss)
|
.10% H
|
.07%
|
.02%
|
.50%
|
(.05)%
|
(.03)%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
694,393
|
$
|
691,564
|
$
|
602,666
|
$
|
380,324
|
$
|
429,818
|
$
|
430,141
|
Portfolio turnover rate I
|
78 % H,J |
60% J
|
41% J
|
53%
|
45%
|
51%
|
Fidelity Central Fund
|
Investment Manager
|
Investment Objective
|
Investment Practices
|
Expense RatioA
|
Fidelity Money Market Central Funds
|
Fidelity Management & Research Company LLC (FMR)
|
Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity.
|
Short-term Investments
|
Less than .005%
|
Gross unrealized appreciation
|
$2,253,801,027
|
Gross unrealized depreciation
|
(160,764,056)
|
Net unrealized appreciation (depreciation)
|
$2,093,036,971
|
Tax cost
|
$4,339,440,638
|
Investment to be Acquired
|
Commitment Amount ($)
|
Unrealized Appreciation (Depreciation)($)
|
|
Fidelity Growth Discovery Fund
|
Space Exploration Technologies Corp. Class A
|
3,057,723
|
-
|
Space Exploration Technologies Corp. Class C
|
5,290,286
|
-
|
Equity Risk
|
Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
|
Purchases ($)
|
Sales ($)
|
|
Fidelity Growth Discovery Fund
|
3,430,686,188
|
2,543,940,186
|
Shares
|
Net realized gain or loss on Affiliated Issuers ($)
|
Net realized gain or loss on Unaffiliated Issuers ($)
|
Total net realized gain or loss on Investments ($)
|
Total Proceeds ($)
|
|
Fidelity Growth Discovery Fund
|
19,242,053
|
-
|
554,951,694
|
554,951,694
|
1,284,554,781
|
Shares
|
Total net realized gain or loss on Investments ($)
|
Total Proceeds ($)
|
|
Fidelity Growth Discovery Fund
|
5,541,301
|
268,261,597
|
344,296,738
|
Maximum Management Fee Rate %
|
|
Growth Discovery
|
.66
|
Class K
|
.56
|
Total Management Fee Rate %
|
|
Growth Discovery
|
.60
|
Class K
|
.53
|
Performance Adjustment Index
|
|
Fidelity Growth Discovery Fund
|
Russell 3000 Growth Index
|
Amount ($)
|
|
Fidelity Growth Discovery Fund
|
46,791
|
Borrower or Lender
|
Average Loan Balance ($)
|
Weighted Average Interest Rate
|
Interest Expense ($)
|
|
Fidelity Growth Discovery Fund
|
Borrower
|
19,141,714
|
4.58%
|
34,065
|
Purchases ($)
|
Sales ($)
|
Realized Gain (Loss) ($)
|
|
Fidelity Growth Discovery Fund
|
262,094,329
|
205,590,089
|
7,314,417
|
Amount ($)
|
|
Fidelity Growth Discovery Fund
|
3,553
|
Total Security Lending Fees Paid to NFS ($)
|
Security Lending Income From Securities Loaned to NFS ($)
|
Value of Securities Loaned to NFS at Period End ($)
|
|
Fidelity Growth Discovery Fund
|
27,389
|
13,423
|
-
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Growth Discovery Fund
|
||
Distributions to shareholders
|
||
Growth Discovery
|
$99,232,719
|
$656,325,543
|
Class K
|
12,061,526
|
72,043,397
|
Total
|
$111,294,245
|
$728,368,940
|
Shares
|
Shares
|
Dollars
|
Dollars
|
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Growth Discovery Fund
|
||||
Growth Discovery
|
||||
Shares sold
|
22,633,758
|
25,370,863
|
$1,519,724,009
|
$1,578,561,607
|
Reinvestment of distributions
|
1,292,252
|
10,154,732
|
86,219,060
|
601,890,192
|
Shares redeemed
|
(27,841,485)
|
(29,364,939)
|
(1,874,639,131)
|
(1,791,187,382)
|
Net increase (decrease)
|
(3,915,475)
|
6,160,656
|
$(268,696,062)
|
$389,264,417
|
Class K
|
||||
Shares sold
|
482,778
|
3,855,430
|
$33,094,902
|
$238,997,686
|
Reinvestment of distributions
|
180,400
|
1,214,747
|
12,061,526
|
72,043,397
|
Shares redeemed
|
(1,275,440)
|
(3,604,447)
|
(88,082,086)
|
(220,366,113)
|
Net increase (decrease)
|
(612,262)
|
1,465,730
|
$(42,925,658)
|
$90,674,970
|
![]() |


Contents
Common Stocks - 99.3%
|
|||
Shares
|
Value ($)
|
||
BELGIUM - 0.4%
|
|||
Health Care - 0.4%
|
|||
Pharmaceuticals - 0.4%
|
|||
UCB SA
|
140,200
|
39,312,461
|
|
CANADA - 1.0%
|
|||
Energy - 1.0%
|
|||
Oil, Gas & Consumable Fuels - 1.0%
|
|||
Imperial Oil Ltd
|
983,708
|
84,986,408
|
|
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
Xenon Pharmaceuticals Inc (a)
|
63,900
|
2,863,998
|
|
TOTAL CANADA
|
87,850,406
|
||
NETHERLANDS - 0.3%
|
|||
Health Care - 0.3%
|
|||
Biotechnology - 0.3%
|
|||
Argenx SE ADR (a)
|
27,000
|
22,705,650
|
|
Newamsterdam Pharma Co NV (a)
|
243,800
|
8,552,504
|
|
TOTAL NETHERLANDS
|
31,258,154
|
||
UNITED KINGDOM - 0.4%
|
|||
Financials - 0.2%
|
|||
Insurance - 0.2%
|
|||
Hiscox Ltd
|
997,500
|
19,133,375
|
|
Industrials - 0.2%
|
|||
Aerospace & Defense - 0.2%
|
|||
Rolls-Royce Holdings PLC
|
1,167,500
|
18,056,220
|
|
TOTAL UNITED KINGDOM
|
37,189,595
|
||
UNITED STATES - 97.2%
|
|||
Communication Services - 16.9%
|
|||
Diversified Telecommunication Services - 0.8%
|
|||
AT&T Inc
|
2,862,600
|
71,106,984
|
|
Entertainment - 1.9%
|
|||
Netflix Inc (a)
|
1,020,200
|
95,653,952
|
|
Walt Disney Co/The
|
679,500
|
77,306,715
|
|
172,960,667
|
|||
Interactive Media & Services - 14.2%
|
|||
Alphabet Inc Class A
|
2,668,054
|
835,100,902
|
|
Meta Platforms Inc Class A
|
691,501
|
456,452,895
|
|
1,291,553,797
|
|||
TOTAL COMMUNICATION SERVICES
|
1,535,621,448
|
||
Consumer Discretionary - 12.6%
|
|||
Automobiles - 1.6%
|
|||
General Motors Co
|
777,297
|
63,209,792
|
|
Tesla Inc (a)
|
184,500
|
82,973,340
|
|
146,183,132
|
|||
Broadline Retail - 5.6%
|
|||
Amazon.com Inc (a)
|
2,194,430
|
506,518,333
|
|
Hotels, Restaurants & Leisure - 3.1%
|
|||
Booking Holdings Inc
|
14,400
|
77,116,752
|
|
Carnival Corp (a)
|
1,715,200
|
52,382,208
|
|
Expedia Group Inc Class A
|
179,700
|
50,910,807
|
|
Viking Holdings Ltd (a)
|
1,444,900
|
103,180,309
|
|
283,590,076
|
|||
Household Durables - 0.2%
|
|||
Somnigroup International Inc
|
253,100
|
22,596,768
|
|
Specialty Retail - 2.1%
|
|||
O'Reilly Automotive Inc (a)
|
597,200
|
54,470,612
|
|
Ross Stores Inc
|
328,900
|
59,248,046
|
|
TJX Cos Inc/The
|
476,300
|
73,164,443
|
|
186,883,101
|
|||
TOTAL CONSUMER DISCRETIONARY
|
1,145,771,410
|
||
Consumer Staples - 4.9%
|
|||
Beverages - 3.3%
|
|||
Coca-Cola Co/The
|
3,800,900
|
265,720,919
|
|
Keurig Dr Pepper Inc
|
1,166,000
|
32,659,660
|
|
298,380,579
|
|||
Food Products - 0.5%
|
|||
Mondelez International Inc
|
891,300
|
47,978,679
|
|
Household Products - 0.8%
|
|||
Procter & Gamble Co/The
|
494,400
|
70,852,464
|
|
Personal Care Products - 0.3%
|
|||
Kenvue Inc
|
1,890,049
|
32,603,345
|
|
TOTAL CONSUMER STAPLES
|
449,815,067
|
||
Energy - 1.8%
|
|||
Oil, Gas & Consumable Fuels - 1.8%
|
|||
Exxon Mobil Corp
|
1,013,085
|
121,914,649
|
|
Shell PLC ADR
|
600,900
|
44,154,132
|
|
TOTAL ENERGY
|
166,068,781
|
||
Financials - 15.8%
|
|||
Banks - 10.3%
|
|||
Bank of America Corp
|
5,312,800
|
292,204,000
|
|
Citigroup Inc
|
1,184,900
|
138,265,981
|
|
M&T Bank Corp
|
521,900
|
105,152,412
|
|
US Bancorp
|
2,068,425
|
110,371,158
|
|
Wells Fargo & Co
|
3,052,700
|
284,511,640
|
|
930,505,191
|
|||
Financial Services - 3.2%
|
|||
Mastercard Inc Class A
|
510,508
|
291,438,807
|
|
Insurance - 2.3%
|
|||
Arthur J Gallagher & Co
|
822,000
|
212,725,380
|
|
Reinsurance Group of America Inc
|
4,100
|
834,186
|
|
213,559,566
|
|||
TOTAL FINANCIALS
|
1,435,503,564
|
||
Health Care - 10.3%
|
|||
Biotechnology - 2.1%
|
|||
AbbVie Inc
|
178,500
|
40,785,465
|
|
Alnylam Pharmaceuticals Inc (a)
|
18,600
|
7,396,290
|
|
Biogen Inc (a)
|
102,300
|
18,003,777
|
|
Cogent Biosciences Inc (a)
|
476,900
|
16,939,488
|
|
Cytokinetics Inc (a)
|
151,800
|
9,645,372
|
|
Gilead Sciences Inc
|
477,200
|
58,571,528
|
|
Insmed Inc (a)
|
175,900
|
30,613,636
|
|
Moderna Inc (a)
|
313,900
|
9,256,911
|
|
Soleno Therapeutics Inc (a)
|
48,500
|
2,245,550
|
|
193,458,017
|
|||
Health Care Equipment & Supplies - 3.1%
|
|||
Boston Scientific Corp (a)
|
1,565,100
|
149,232,285
|
|
Edwards Lifesciences Corp (a)
|
692,700
|
59,052,675
|
|
Insulet Corp (a)
|
146,800
|
41,726,432
|
|
Medline Inc Class A
|
783,500
|
32,907,000
|
|
TransMedics Group Inc (a)
|
1
|
122
|
|
282,918,514
|
|||
Health Care Providers & Services - 2.2%
|
|||
Cencora Inc
|
111,300
|
37,591,575
|
|
CVS Health Corp
|
1,465,000
|
116,262,400
|
|
Humana Inc
|
164,526
|
42,140,044
|
|
195,994,019
|
|||
Life Sciences Tools & Services - 1.2%
|
|||
Danaher Corp
|
169,900
|
38,893,508
|
|
Thermo Fisher Scientific Inc
|
123,700
|
71,677,965
|
|
110,571,473
|
|||
Pharmaceuticals - 1.7%
|
|||
Eli Lilly & Co
|
145,800
|
156,688,344
|
|
TOTAL HEALTH CARE
|
939,630,367
|
||
Industrials - 8.1%
|
|||
Aerospace & Defense - 3.4%
|
|||
Anduril Industries Inc Class B (b)(c)
|
1,799
|
82,142
|
|
Anduril Industries Inc Class C (b)(c)
|
1
|
46
|
|
Boeing Co (a)
|
923,834
|
200,582,839
|
|
GE Aerospace
|
226,400
|
69,737,992
|
|
Howmet Aerospace Inc
|
159,100
|
32,618,682
|
|
303,021,701
|
|||
Air Freight & Logistics - 0.7%
|
|||
FedEx Corp
|
215,700
|
62,307,102
|
|
Building Products - 0.3%
|
|||
Trane Technologies PLC
|
77,100
|
30,007,320
|
|
Construction & Engineering - 0.0%
|
|||
Bowman Consulting Group Ltd (a)
|
82,524
|
2,724,942
|
|
Machinery - 2.0%
|
|||
Parker-Hannifin Corp
|
148,600
|
130,613,456
|
|
Westinghouse Air Brake Technologies Corp
|
248,700
|
53,085,015
|
|
183,698,471
|
|||
Passenger Airlines - 0.8%
|
|||
Delta Air Lines Inc
|
539,100
|
37,413,540
|
|
United Airlines Holdings Inc (a)
|
332,900
|
37,224,878
|
|
74,638,418
|
|||
Professional Services - 0.5%
|
|||
Leidos Holdings Inc
|
251,000
|
45,280,400
|
|
Trading Companies & Distributors - 0.4%
|
|||
WW Grainger Inc
|
36,300
|
36,628,515
|
|
TOTAL INDUSTRIALS
|
738,306,869
|
||
Information Technology - 24.7%
|
|||
IT Services - 1.5%
|
|||
IBM Corporation
|
465,500
|
137,885,755
|
|
Semiconductors & Semiconductor Equipment - 10.7%
|
|||
Broadcom Inc
|
327,700
|
113,416,970
|
|
NVIDIA Corp
|
4,569,700
|
852,249,050
|
|
965,666,020
|
|||
Software - 8.3%
|
|||
Autodesk Inc (a)
|
326,000
|
96,499,260
|
|
Microsoft Corp
|
1,369,240
|
662,191,849
|
|
758,691,109
|
|||
Technology Hardware, Storage & Peripherals - 4.2%
|
|||
Apple Inc
|
1,420,600
|
386,204,316
|
|
TOTAL INFORMATION TECHNOLOGY
|
2,248,447,200
|
||
Materials - 0.9%
|
|||
Chemicals - 0.9%
|
|||
Corteva Inc
|
665,000
|
44,574,950
|
|
Mosaic Co/The
|
1,533,500
|
36,942,015
|
|
TOTAL MATERIALS
|
81,516,965
|
||
Real Estate - 0.5%
|
|||
Residential REITs - 0.1%
|
|||
Camden Property Trust
|
105,640
|
11,628,851
|
|
Retail REITs - 0.4%
|
|||
Macerich Co/The
|
2,052,377
|
37,886,880
|
|
TOTAL REAL ESTATE
|
49,515,731
|
||
Utilities - 0.7%
|
|||
Electric Utilities - 0.3%
|
|||
Exelon Corp
|
717,300
|
31,267,107
|
|
Multi-Utilities - 0.4%
|
|||
Sempra
|
391,600
|
34,574,364
|
|
TOTAL UTILITIES
|
65,841,471
|
||
TOTAL UNITED STATES
|
8,856,038,873
|
||
|
TOTAL COMMON STOCKS
(Cost $5,466,254,426)
|
9,051,649,489
|
||
Convertible Preferred Stocks - 0.1%
|
|||
Shares
|
Value ($)
|
||
UNITED STATES - 0.1%
|
|||
Industrials - 0.0%
|
|||
Aerospace & Defense - 0.0%
|
|||
Anduril Industries Inc Series G (b)(c)
|
17,400
|
794,484
|
|
Information Technology - 0.1%
|
|||
Software - 0.1%
|
|||
OpenAI Group Pbc Series A-2 (b)(c)
|
13,233
|
6,318,493
|
|
TOTAL UNITED STATES
|
7,112,977
|
||
|
TOTAL CONVERTIBLE PREFERRED STOCKS
(Cost $3,197,400)
|
7,112,977
|
||
Money Market Funds - 0.0%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (d)
|
3.79
|
208
|
208
|
|
Fidelity Securities Lending Cash Central Fund (d)(e)
|
3.77
|
9,947
|
9,948
|
|
|
TOTAL MONEY MARKET FUNDS
(Cost $9,948)
|
10,156
|
|||
|
TOTAL INVESTMENT IN SECURITIES - 99.4%
(Cost $5,469,461,774)
|
9,058,772,622
|
NET OTHER ASSETS (LIABILITIES) - 0.6%
|
54,364,169
|
NET ASSETS - 100.0%
|
9,113,136,791
|
(a)
|
Non-income producing.
|
(b)
|
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $7,195,165 or 0.1% of net assets.
|
(c)
|
Level 3 security.
|
(d)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(e)
|
Investment made with cash collateral received from securities on loan.
|
Additional information on each restricted holding is as follows:
|
||
Security
|
Acquisition Date
|
Acquisition Cost ($)
|
Anduril Industries Inc Class B
|
6/16/2025
|
73,548
|
Anduril Industries Inc Class C
|
6/16/2025
|
41
|
Anduril Industries Inc Series G
|
4/17/2025
|
711,361
|
OpenAI Group Pbc Series A-2
|
9/30/2024
|
2,486,039
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
% ownership,
end
of period
|
Fidelity Cash Central Fund
|
95,235,248
|
1,477,822,514
|
1,573,054,068
|
3,296,701
|
(3,462)
|
(24)
|
208
|
208
|
0.0%
|
Fidelity Securities Lending Cash Central Fund
|
80,332,269
|
239,068,389
|
319,400,658
|
71,749
|
9,948
|
-
|
9,948
|
9,947
|
0.0%
|
Total
|
175,567,517
|
1,716,890,903
|
1,892,454,726
|
3,368,450
|
6,486
|
(24)
|
10,156
|
||
Valuation Inputs at Reporting Date:
|
||||
Description
|
Total ($)
|
Level 1 ($)
|
Level 2 ($)
|
Level 3 ($)
|
Investments in Securities:
|
||||
Common Stocks
|
||||
Communication Services
|
1,535,621,448
|
1,535,621,448
|
-
|
-
|
Consumer Discretionary
|
1,145,771,410
|
1,145,771,410
|
-
|
-
|
Consumer Staples
|
449,815,067
|
449,815,067
|
-
|
-
|
Energy
|
251,055,189
|
251,055,189
|
-
|
-
|
Financials
|
1,454,636,939
|
1,454,636,939
|
-
|
-
|
Health Care
|
1,013,064,980
|
1,013,064,980
|
-
|
-
|
Industrials
|
756,363,089
|
738,224,681
|
18,056,220
|
82,188
|
Information Technology
|
2,248,447,200
|
2,248,447,200
|
-
|
-
|
Materials
|
81,516,965
|
81,516,965
|
-
|
-
|
Real Estate
|
49,515,731
|
49,515,731
|
-
|
-
|
Utilities
|
65,841,471
|
65,841,471
|
-
|
-
|
Convertible Preferred Stocks
|
||||
Industrials
|
794,484
|
-
|
-
|
794,484
|
Information Technology
|
6,318,493
|
-
|
-
|
6,318,493
|
Money Market Funds
|
10,156
|
10,156
|
-
|
-
|
Total Investments in Securities:
|
9,058,772,622
|
9,033,521,237
|
18,056,220
|
7,195,165
|
Statement of Assets and Liabilities
|
||||
|
As of December 31, 2025 (Unaudited)
|
||||
Assets
|
||||
Investment in securities, at value - See accompanying schedule:
|
||||
Unaffiliated issuers (cost $5,469,451,826)
|
$
|
9,058,762,466
|
||
Fidelity Central Funds (cost $9,948)
|
10,156
|
|||
Total Investment in Securities (cost $5,469,461,774)
|
$
|
9,058,772,622
|
||
Receivable for investments sold
|
69,410,891
|
|||
Receivable for fund shares sold
|
1,637,548
|
|||
Dividends receivable
|
3,494,604
|
|||
Distributions receivable from Fidelity Central Funds
|
131,371
|
|||
Prepaid expenses
|
6,920
|
|||
Other receivables
|
27,197
|
|||
Total assets
|
9,133,481,153
|
|||
Liabilities
|
||||
Payable to custodian bank
|
$
|
1,722
|
||
Payable for investments purchased
|
2,002,995
|
|||
Payable for fund shares redeemed
|
2,188,504
|
|||
Accrued management fee
|
3,177,706
|
|||
Notes payable to affiliates
|
12,896,000
|
|||
Other payables and accrued expenses
|
77,435
|
|||
Total liabilities
|
20,344,362
|
|||
Net Assets
|
$
|
9,113,136,791
|
||
Net Assets consist of:
|
||||
Paid in capital
|
$
|
4,387,893,225
|
||
Total accumulated earnings (loss)
|
4,725,243,566
|
|||
Net Assets
|
$
|
9,113,136,791
|
||
Net Asset Value and Maximum Offering Price
|
||||
Fidelity Fund :
|
||||
Net Asset Value, offering price and redemption price per share ($8,809,047,562 ÷ 78,433,079 shares)
|
$
|
112.31
|
||
Class K :
|
||||
Net Asset Value, offering price and redemption price per share ($304,089,229 ÷ 2,705,293 shares)
|
$
|
112.41
|
||
Statement of Operations
|
||||
Six months ended December 31, 2025 (Unaudited)
|
||||
Investment Income
|
||||
Dividends
|
$
|
31,406,843
|
||
Interest
|
18,385
|
|||
Income from Fidelity Central Funds (including $71,749 from security lending)
|
3,368,450
|
|||
Total income
|
34,793,678
|
|||
Expenses
|
||||
Management fee
|
$
|
18,643,267
|
||
Custodian fees and expenses
|
61,120
|
|||
Independent trustees' fees and expenses
|
17,742
|
|||
Registration fees
|
40,238
|
|||
Audit fees
|
45,114
|
|||
Legal
|
8,840
|
|||
Interest
|
4,270
|
|||
Miscellaneous
|
11,087
|
|||
Total expenses
|
18,831,678
|
|||
Net Investment income (loss)
|
15,962,000
|
|||
Realized and Unrealized Gain (Loss)
|
||||
Net realized gain (loss) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers (net of foreign taxes of $1,157,619)
|
185,082,046
|
|||
Redemptions in-kind
|
1,016,477,964
|
|||
Fidelity Central Funds
|
6,486
|
|||
Foreign currency transactions
|
451,995
|
|||
Futures contracts
|
6,016,330
|
|||
Total net realized gain (loss)
|
1,208,034,821
|
|||
Change in net unrealized appreciation (depreciation) on:
|
||||
Investment Securities:
|
||||
Unaffiliated issuers
|
(183,723,377)
|
|||
Fidelity Central Funds
|
(24)
|
|||
Assets and liabilities in foreign currencies
|
5,518
|
|||
Total change in net unrealized appreciation (depreciation)
|
(183,717,883)
|
|||
Net gain (loss)
|
1,024,316,938
|
|||
Net increase (decrease) in net assets resulting from operations
|
$
|
1,040,278,938
|
||
Statement of Changes in Net Assets
|
||||
Six months ended
December 31, 2025
(Unaudited)
|
Year ended
June 30, 2025
|
|||
Increase (Decrease) in Net Assets
|
||||
Operations
|
||||
Net investment income (loss)
|
$
|
15,962,000
|
$
|
26,749,666
|
Net realized gain (loss)
|
1,208,034,821
|
1,739,805,867
|
||
Change in net unrealized appreciation (depreciation)
|
(183,717,883)
|
(830,051,188)
|
||
Net increase (decrease) in net assets resulting from operations
|
1,040,278,938
|
936,504,345
|
||
Distributions to shareholders
|
(107,608,837)
|
-
|
||
Share transactions - net increase (decrease)
|
(301,667,625)
|
(685,113,318)
|
||
Total increase (decrease) in net assets
|
631,002,476
|
251,391,027
|
||
Net Assets
|
||||
Beginning of period
|
8,482,134,315
|
8,230,743,288
|
||
End of period
|
$
|
9,113,136,791
|
$
|
8,482,134,315
|
Fidelity® Fund |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
101.22
|
$
|
90.56
|
$
|
69.85
|
$
|
58.06
|
$
|
72.20
|
$
|
54.21
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.19
|
.30
|
.42
|
.44
|
.25
|
.28
|
||||||
Net realized and unrealized gain (loss)
|
12.22
|
10.36
|
22.08
|
11.74
|
(10.75)
|
19.40
|
||||||
Total from investment operations
|
12.41
|
10.66
|
22.50
|
12.18
|
(10.50)
|
19.68
|
||||||
Distributions from net investment income
|
(.45)
|
-
|
(.49)
|
(.39)
|
(.21)
|
(.32)
|
||||||
Distributions from net realized gain
|
(.87)
|
-
|
(1.31)
|
-
|
(3.44)
|
(1.38)
|
||||||
Total distributions
|
(1.32)
|
-
|
(1.79) C
|
(.39)
|
(3.64) C
|
(1.69) C
|
||||||
Net asset value, end of period
|
$
|
112.31
|
$
|
101.22
|
$
|
90.56
|
$
|
69.85
|
$
|
58.06
|
$
|
72.20
|
Total Return D,E
|
12.29 % |
11.77%
|
32.89%
|
21.06%
|
(15.60)%
|
36.94%
|
||||||
Ratios to Average Net Assets B,F,G
|
||||||||||||
Expenses before reductions
|
.42% H
|
.42%
|
.45%
|
.46%
|
.45%
|
.47%
|
||||||
Expenses net of fee waivers, if any
|
.42 % H |
.42%
|
.44%
|
.46%
|
.45%
|
.47%
|
||||||
Expenses net of all reductions, if any
|
.42% H
|
.42%
|
.44%
|
.46%
|
.45%
|
.46%
|
||||||
Net investment income (loss)
|
.35% H
|
.32%
|
.55%
|
.71%
|
.35%
|
.44%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
8,809,048
|
$
|
8,184,621
|
$
|
7,905,243
|
$
|
6,125,431
|
$
|
5,467,793
|
$
|
6,757,824
|
Portfolio turnover rate I
|
53 % H,J |
31% J
|
25% J
|
43% J
|
39%
|
34% K
|
Fidelity® Fund Class K |
Six months ended
December 31, 2025
(Unaudited)
|
Years ended June 30, 2025
|
2024
|
2023
|
2022
|
2021
|
|||||||
Selected Per-Share Data
|
||||||||||||
Net asset value, beginning of period
|
$
|
101.34
|
$
|
90.60
|
$
|
69.88
|
$
|
58.07
|
$
|
72.21
|
$
|
54.20
|
Income from Investment Operations
|
||||||||||||
Net investment income (loss) A,B
|
.24
|
.38
|
.48
|
.50
|
.30
|
.33
|
||||||
Net realized and unrealized gain (loss)
|
12.24
|
10.36
|
22.09
|
11.74
|
(10.74)
|
19.41
|
||||||
Total from investment operations
|
12.48
|
10.74
|
22.57
|
12.24
|
(10.44)
|
19.74
|
||||||
Distributions from net investment income
|
(.53)
|
-
|
(.55)
|
(.43)
|
(.26)
|
(.35)
|
||||||
Distributions from net realized gain
|
(.87)
|
-
|
(1.31)
|
-
|
(3.44)
|
(1.38)
|
||||||
Total distributions
|
(1.41) C
|
-
|
(1.85) C
|
(.43)
|
(3.70)
|
(1.73)
|
||||||
Net asset value, end of period
|
$
|
112.41
|
$
|
101.34
|
$
|
90.60
|
$
|
69.88
|
$
|
58.07
|
$
|
72.21
|
Total Return D,E
|
12.34 % |
11.85%
|
33.00%
|
21.18%
|
(15.54)%
|
37.07%
|
||||||
Ratios to Average Net Assets B,F,G
|
||||||||||||
Expenses before reductions
|
.34% H
|
.34%
|
.37%
|
.38%
|
.38%
|
.39%
|
||||||
Expenses net of fee waivers, if any
|
.34 % H |
.34%
|
.36%
|
.37%
|
.37%
|
.39%
|
||||||
Expenses net of all reductions, if any
|
.34% H
|
.34%
|
.36%
|
.37%
|
.37%
|
.38%
|
||||||
Net investment income (loss)
|
.43% H
|
.40%
|
.63%
|
.79%
|
.43%
|
.52%
|
||||||
Supplemental Data
|
||||||||||||
Net assets, end of period (000 omitted)
|
$
|
304,089
|
$
|
297,513
|
$
|
325,500
|
$
|
237,320
|
$
|
673,876
|
$
|
411,377
|
Portfolio turnover rate I
|
53 % H,J |
31% J
|
25% J
|
43% J
|
39%
|
34% K
|
Fidelity Central Fund
|
Investment Manager
|
Investment Objective
|
Investment Practices
|
Expense RatioA
|
Fidelity Money Market Central Funds
|
Fidelity Management & Research Company LLC (FMR)
|
Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity.
|
Short-term Investments
|
Less than .005%
|
Gross unrealized appreciation
|
$3,666,474,042
|
Gross unrealized depreciation
|
(77,532,974)
|
Net unrealized appreciation (depreciation)
|
$3,588,941,068
|
Tax cost
|
$5,469,831,554
|
Equity Risk
|
Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
|
Purchases ($)
|
Sales ($)
|
|
Fidelity Fund
|
3,752,763,022
|
2,319,894,379
|
Shares
|
Net realized gain or loss on Affiliated Issuers ($)
|
Net realized gain or loss on Unaffiliated Issuers ($)
|
Total net realized gain or loss on Investments ($)
|
Total Proceeds ($)
|
|
Fidelity Fund
|
16,175,685
|
-
|
1,016,477,964
|
1,016,477,964
|
1,790,557,386
|
Shares
|
Total net realized gain or loss on Investments ($)
|
Total Proceeds ($)
|
|
Fidelity Fund
|
26,276,518
|
1,467,282,026
|
2,399,477,110
|
Maximum Management Fee Rate %
|
|
Fidelity Fund
|
.42
|
Class K
|
.34
|
Total Management Fee Rate %
|
|
Fidelity Fund
|
.42
|
Class K
|
.34
|
Fidelity Fund
|
$26,929
|
Amount ($)
|
|
Fidelity Fund
|
71,168
|
Borrower or Lender
|
Average Loan Balance ($)
|
Weighted Average Interest Rate
|
Interest Expense ($)
|
|
Fidelity Fund
|
Borrower
|
12,665,000
|
4.05%
|
4,270
|
Purchases ($)
|
Sales ($)
|
Realized Gain (Loss) ($)
|
|
Fidelity Fund
|
596,856,156
|
311,030,456
|
23,393,852
|
Amount ($)
|
|
Fidelity Fund
|
4,759
|
Total Security Lending Fees Paid to NFS ($)
|
Security Lending Income From Securities Loaned to NFS ($)
|
Value of Securities Loaned to NFS at Period End ($)
|
|
Fidelity Fund
|
7,196
|
46
|
-
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Fund
|
||
Distributions to shareholders
|
||
Fidelity Fund
|
$103,761,865
|
$ -
|
Class K
|
3,846,972
|
-
|
Total
|
$107,608,837
|
$ -
|
Shares
|
Shares
|
Dollars
|
Dollars
|
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
Six months ended
December 31, 2025
|
Year ended
June 30, 2025
|
|
Fidelity Fund
|
||||
Fidelity Fund
|
||||
Shares sold
|
17,013,060
|
29,228,915
|
$1,866,946,028
|
$2,644,849,576
|
Reinvestment of distributions
|
842,256
|
-
|
92,963,395
|
-
|
Shares redeemed
|
(20,283,362)
|
(35,662,230)
|
(2,236,569,371)
|
(3,270,137,564)
|
Net increase (decrease)
|
(2,428,046)
|
(6,433,315)
|
$(276,659,948)
|
$(625,287,988)
|
Class K
|
||||
Shares sold
|
75,104
|
346,185
|
$8,041,912
|
$32,047,616
|
Reinvestment of distributions
|
34,903
|
-
|
3,846,972
|
-
|
Shares redeemed
|
(340,497)
|
(1,003,321)
|
(36,896,561)
|
(91,872,946)
|
Net increase (decrease)
|
(230,490)
|
(657,136)
|
$(25,007,677)
|
$(59,825,330)
|
![]() |
Item 8.
Changes in and Disagreements with Accountants for Open-End Management Investment Companies
See Item 7.
Item 9.
Proxy Disclosures for Open-End Management Investment Companies
See Item 7.
Item 10.
Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
See Item 7.
Item 11.
Statement Regarding Basis for Approval of Investment Advisory Contract
See Item 7.
Item 12.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 13.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 14.
Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 15.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the Fidelity Hastings Street Trusts Board of Trustees.
Item 16.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Hastings Street Trusts (the Trust) disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the Trusts internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Trusts internal control over financial reporting.
Item 17.
Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.
Item 18.
Recovery of Erroneously Awarded Compensation
(a)
Not applicable.
(b)
Not applicable.
Item 19.
Exhibits
| (a) | (1) | Not applicable. |
| (a) | (2) | |
| (a) | (3) | Not applicable. |
| (b) |
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Fidelity Hastings Street Trust
| By: | /s/Stacie M. Smith |
|
| Stacie M. Smith |
|
| President and Treasurer (Principal Executive Officer) |
|
|
|
| Date: | February 20, 2026 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By: | /s/Stacie M. Smith |
|
| Stacie M. Smith |
|
| President and Treasurer (Principal Executive Officer) |
|
|
|
| Date: | February 20, 2026 |
| By: | /s/Stephanie Caron |
|
| Stephanie Caron |
|
| Chief Financial Officer (Principal Financial Officer) |
|
|
|
| Date: | February 20, 2026 |
Exhibit EX-99.CERT
I, Stacie M. Smith, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Hastings Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
February 20, 2026
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer (Principal Executive Officer) |
I, Stephanie Caron, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Hastings Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
February 20, 2026
/s/Stephanie Caron |
Stephanie Caron |
Chief Financial Officer (Principal Financial Officer) |
Exhibit EX-99.906CERT
Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code)
In connection with the attached Report of Fidelity Hastings Street Trust (the Trust) on Form N-CSR to be filed with the Securities and Exchange Commission (the Report), each of the undersigned officers of the Trust does hereby certify that, to the best of such officers knowledge:
1.
The Report fully complies with the requirements of 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust as of, and for, the periods presented in the Report.
Dated: February 20, 2026
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer (Principal Executive Officer) |
Dated: February 20, 2026
/s/Stephanie Caron |
Stephanie Caron |
Chief Financial Officer (Principal Financial Officer) |
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.
Form N-CSR Cover |
6 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Shareholder Report [Line Items] | |
| Document Type | N-CSRS |
| Amendment Flag | false |
| Registrant Name | Fidelity Hastings Street Trust |
| Entity Central Index Key | 0000035348 |
| Entity Investment Company Type | N-1A |
| Document Period End Date | Dec. 31, 2025 |
Shareholder Report |
6 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2025
USD ($)
shares
| |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Document Type | N-CSRS | ||||||||||||
| Amendment Flag | false | ||||||||||||
| Registrant Name | Fidelity Hastings Street Trust | ||||||||||||
| Entity Central Index Key | 0000035348 | ||||||||||||
| Entity Investment Company Type | N-1A | ||||||||||||
| Document Period End Date | Dec. 31, 2025 | ||||||||||||
| Fidelity Series Large Cap Stock Fund | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Series Large Cap Stock Fund | ||||||||||||
| Class Name | Fidelity® Series Large Cap Stock Fund | ||||||||||||
| Trading Symbol | FGLGX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Series Large Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-544-8544. | ||||||||||||
| Additional Information Phone Number | 1-800-544-8544 | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
A Amount represents less than $.50
B Amount represents less than 0.005%
|
||||||||||||
| Expenses Paid, Amount | $ 0 | ||||||||||||
| Expense Ratio, Percent | 0.00% | ||||||||||||
| Net Assets | $ 24,355,496,025 | ||||||||||||
| Holdings Count | shares | 181 | ||||||||||||
| Investment Company Portfolio Turnover | 20.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 24.1 Industrials 18.3 Financials 15.1 Communication Services 10.6 Health Care 10.5 Energy 8.2 Consumer Staples 4.6 Consumer Discretionary 3.5 Materials 2.0 Utilities 1.0 Real Estate 0.4 Common Stocks 98.2 Preferred Stocks 0.1 Short-Term Investments and Net Other Assets (Liabilities) 1.7 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 98.2 Preferred Stocks - 0.1 Short-Term Investments and Net Other Assets (Liabilities) - 1.7 United States 91.0 Canada 2.0 Zambia 1.3 Belgium 1.2 United Kingdom 1.2 Germany 0.8 Taiwan 0.7 Netherlands 0.7 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 91.0 Canada - 2.0 Zambia - 1.3 Belgium - 1.2 United Kingdom - 1.2 Germany - 0.8 Taiwan - 0.7 Netherlands - 0.7 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 7.5 Microsoft Corp 6.1 Wells Fargo & Co 5.6 Boeing Co 5.0 GE Aerospace 4.5 GE Vernova Inc 4.0 Exxon Mobil Corp 3.7 Alphabet Inc Class A 3.4 Bank of America Corp 2.9 Alphabet Inc Class C 2.9 45.6 | ||||||||||||
| Fidelity Mega Cap Stock Fund | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Trading Symbol | FGRTX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-800-544-8544 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 31 | ||||||||||||
| Expense Ratio, Percent | 0.58% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Advisor Mega Cap Stock Fund - Class Z | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity Advisor® Mega Cap Stock Fund Class Z | ||||||||||||
| Trading Symbol | FZALX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-877-208-0098 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-877-208-0098 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 25 | ||||||||||||
| Expense Ratio, Percent | 0.47% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Advisor Mega Cap Stock Fund - Class M | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity Advisor® Mega Cap Stock Fund Class M | ||||||||||||
| Trading Symbol | FTGRX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-877-208-0098 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-877-208-0098 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 60 | ||||||||||||
| Expense Ratio, Percent | 1.11% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Advisor Mega Cap Stock Fund - Class I | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity Advisor® Mega Cap Stock Fund Class I | ||||||||||||
| Trading Symbol | FTRIX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-877-208-0098 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-877-208-0098 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 32 | ||||||||||||
| Expense Ratio, Percent | 0.59% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Advisor Mega Cap Stock Fund - Class C | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity Advisor® Mega Cap Stock Fund Class C | ||||||||||||
| Trading Symbol | FGRCX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-877-208-0098 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-877-208-0098 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 87 | ||||||||||||
| Expense Ratio, Percent | 1.63% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Advisor Mega Cap Stock Fund - Class A | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Mega Cap Stock Fund | ||||||||||||
| Class Name | Fidelity Advisor® Mega Cap Stock Fund Class A | ||||||||||||
| Trading Symbol | FGTAX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Mega Cap Stock Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-877-208-0098 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-877-208-0098 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 46 | ||||||||||||
| Expense Ratio, Percent | 0.86% | ||||||||||||
| Net Assets | $ 5,766,775,973 | ||||||||||||
| Holdings Count | shares | 116 | ||||||||||||
| Investment Company Portfolio Turnover | 10.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 26.1 Industrials 15.6 Financials 13.2 Communication Services 11.1 Energy 8.1 Health Care 8.1 Consumer Staples 5.0 Consumer Discretionary 4.1 Materials 0.9 Utilities 0.7 Real Estate 0.3 Common Stocks 93.2 Short-Term Investments and Net Other Assets (Liabilities) 6.8 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 93.2 Short-Term Investments and Net Other Assets (Liabilities) - 6.8 United States 92.6 Canada 1.4 United Kingdom 1.2 Taiwan 1.1 Zambia 0.8 Belgium 0.7 Germany 0.6 Netherlands 0.5 France 0.4 Others 0.7 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 92.6 Canada - 1.4 United Kingdom - 1.2 Taiwan - 1.1 Zambia - 0.8 Belgium - 0.7 Germany - 0.6 Netherlands - 0.5 France - 0.4 Others - 0.7 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 8.3 Microsoft Corp 6.5 Boeing Co 5.1 Wells Fargo & Co 4.8 GE Aerospace 4.1 GE Vernova Inc 3.8 Alphabet Inc Class A 3.8 Exxon Mobil Corp 3.6 Apple Inc 3.4 Alphabet Inc Class C 3.2 46.6 | ||||||||||||
| Fidelity Growth Discovery Fund | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Growth Discovery Fund | ||||||||||||
| Class Name | Fidelity® Growth Discovery Fund | ||||||||||||
| Trading Symbol | FDSVX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Growth Discovery Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-800-544-8544 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 25 | ||||||||||||
| Expense Ratio, Percent | 0.47% | ||||||||||||
| Net Assets | $ 6,416,410,117 | ||||||||||||
| Holdings Count | shares | 144 | ||||||||||||
| Investment Company Portfolio Turnover | 78.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 45.8 Communication Services 13.5 Consumer Discretionary 11.3 Financials 8.2 Health Care 8.1 Industrials 7.4 Materials 2.0 Consumer Staples 1.5 Utilities 0.9 Real Estate 0.6 Energy 0.5 Common Stocks 99.0 Preferred Stocks 0.8 Preferred Securities 0.0 Bonds 0.0 Short-Term Investments and Net Other Assets (Liabilities) 0.2 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 99.0 Preferred Stocks - 0.8 Preferred Securities - 0.0 Bonds - 0.0 Short-Term Investments and Net Other Assets (Liabilities) - 0.2 United States 91.1 Taiwan 2.9 Canada 1.7 China 1.0 Korea (South) 1.0 Belgium 0.9 Netherlands 0.4 Germany 0.4 Brazil 0.4 Others 0.2 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 91.1 Taiwan - 2.9 Canada - 1.7 China - 1.0 Korea (South) - 1.0 Belgium - 0.9 Netherlands - 0.4 Germany - 0.4 Brazil - 0.4 Others - 0.2 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 13.5 Microsoft Corp 10.0 Alphabet Inc Class A 6.6 Apple Inc 5.4 Amazon.com Inc 5.2 Broadcom Inc 4.8 Meta Platforms Inc Class A 4.1 Mastercard Inc Class A 3.6 Taiwan Semiconductor Manufacturing Co Ltd ADR 2.9 Eli Lilly & Co 2.6 58.7 | ||||||||||||
| Fidelity Growth Discovery Fund - Class K | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Growth Discovery Fund | ||||||||||||
| Class Name | Fidelity® Growth Discovery Fund Class K | ||||||||||||
| Trading Symbol | FGDKX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Growth Discovery Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-800-835-5092 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 21 | ||||||||||||
| Expense Ratio, Percent | 0.40% | ||||||||||||
| Net Assets | $ 6,416,410,117 | ||||||||||||
| Holdings Count | shares | 144 | ||||||||||||
| Investment Company Portfolio Turnover | 78.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 45.8 Communication Services 13.5 Consumer Discretionary 11.3 Financials 8.2 Health Care 8.1 Industrials 7.4 Materials 2.0 Consumer Staples 1.5 Utilities 0.9 Real Estate 0.6 Energy 0.5 Common Stocks 99.0 Preferred Stocks 0.8 Preferred Securities 0.0 Bonds 0.0 Short-Term Investments and Net Other Assets (Liabilities) 0.2 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 99.0 Preferred Stocks - 0.8 Preferred Securities - 0.0 Bonds - 0.0 Short-Term Investments and Net Other Assets (Liabilities) - 0.2 United States 91.1 Taiwan 2.9 Canada 1.7 China 1.0 Korea (South) 1.0 Belgium 0.9 Netherlands 0.4 Germany 0.4 Brazil 0.4 Others 0.2 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 91.1 Taiwan - 2.9 Canada - 1.7 China - 1.0 Korea (South) - 1.0 Belgium - 0.9 Netherlands - 0.4 Germany - 0.4 Brazil - 0.4 Others - 0.2 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 13.5 Microsoft Corp 10.0 Alphabet Inc Class A 6.6 Apple Inc 5.4 Amazon.com Inc 5.2 Broadcom Inc 4.8 Meta Platforms Inc Class A 4.1 Mastercard Inc Class A 3.6 Taiwan Semiconductor Manufacturing Co Ltd ADR 2.9 Eli Lilly & Co 2.6 58.7 | ||||||||||||
| Fidelity Fund | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Fund | ||||||||||||
| Class Name | Fidelity® Fund | ||||||||||||
| Trading Symbol | FFIDX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-544-8544 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-800-544-8544 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 23 | ||||||||||||
| Expense Ratio, Percent | 0.42% | ||||||||||||
| Net Assets | $ 9,113,136,791 | ||||||||||||
| Holdings Count | shares | 88 | ||||||||||||
| Investment Company Portfolio Turnover | 53.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 24.8 Communication Services 16.9 Financials 16.0 Consumer Discretionary 12.6 Health Care 11.0 Industrials 8.3 Consumer Staples 4.9 Energy 2.8 Materials 0.9 Utilities 0.7 Real Estate 0.5 Common Stocks 99.3 Preferred Stocks 0.1 Short-Term Investments and Net Other Assets (Liabilities) 0.6 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 99.3 Preferred Stocks - 0.1 Short-Term Investments and Net Other Assets (Liabilities) - 0.6 United States 97.9 Canada 1.0 Belgium 0.4 United Kingdom 0.4 Netherlands 0.3 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 97.9 Canada - 1.0 Belgium - 0.4 United Kingdom - 0.4 Netherlands - 0.3 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 9.5 Alphabet Inc Class A 9.2 Microsoft Corp 7.3 Amazon.com Inc 5.6 Meta Platforms Inc Class A 5.0 Apple Inc 4.2 Bank of America Corp 3.3 Mastercard Inc Class A 3.2 Wells Fargo & Co 3.1 Coca-Cola Co/The 2.9 53.3 | ||||||||||||
| Fidelity Fund - Class K | |||||||||||||
| Shareholder Report [Line Items] | |||||||||||||
| Fund Name | Fidelity® Fund | ||||||||||||
| Class Name | Fidelity® Fund Class K | ||||||||||||
| Trading Symbol | FFDKX | ||||||||||||
| Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains information about Fidelity® Fund for the period July 1, 2025 to December 31, 2025. | ||||||||||||
| Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | ||||||||||||
| Additional Information [Text Block] | You can find additional information about the Fund at fundresearch.fidelity.com/prospectus/sec. You can also request this information by contacting us at 1-800-835-5092 or by sending an e-mail to fidfunddocuments@fidelity.com. | ||||||||||||
| Additional Information Phone Number | 1-800-835-5092 | ||||||||||||
| Additional Information Email | fidfunddocuments@fidelity.com | ||||||||||||
| Additional Information Website | fundresearch.fidelity.com/prospectus/sec | ||||||||||||
| Expenses [Text Block] | What were your Fund costs for the last six months?
(based on hypothetical $10,000 investment)
|
||||||||||||
| Expenses Paid, Amount | $ 18 | ||||||||||||
| Expense Ratio, Percent | 0.34% | ||||||||||||
| Net Assets | $ 9,113,136,791 | ||||||||||||
| Holdings Count | shares | 88 | ||||||||||||
| Investment Company Portfolio Turnover | 53.00% | ||||||||||||
| Additional Fund Statistics [Text Block] | Key Fund Statistics
(as of December 31, 2025)
|
||||||||||||
| Holdings [Text Block] | MARKET SECTORS (% of Fund's net assets) Information Technology 24.8 Communication Services 16.9 Financials 16.0 Consumer Discretionary 12.6 Health Care 11.0 Industrials 8.3 Consumer Staples 4.9 Energy 2.8 Materials 0.9 Utilities 0.7 Real Estate 0.5 Common Stocks 99.3 Preferred Stocks 0.1 Short-Term Investments and Net Other Assets (Liabilities) 0.6 ASSET ALLOCATION (% of Fund's net assets) Common Stocks - 99.3 Preferred Stocks - 0.1 Short-Term Investments and Net Other Assets (Liabilities) - 0.6 United States 97.9 Canada 1.0 Belgium 0.4 United Kingdom 0.4 Netherlands 0.3 GEOGRAPHIC DIVERSIFICATION (% of Fund's net assets) United States - 97.9 Canada - 1.0 Belgium - 0.4 United Kingdom - 0.4 Netherlands - 0.3 | ||||||||||||
| Largest Holdings [Text Block] | TOP HOLDINGS(% of Fund's net assets) NVIDIA Corp 9.5 Alphabet Inc Class A 9.2 Microsoft Corp 7.3 Amazon.com Inc 5.6 Meta Platforms Inc Class A 5.0 Apple Inc 4.2 Bank of America Corp 3.3 Mastercard Inc Class A 3.2 Wells Fargo & Co 3.1 Coca-Cola Co/The 2.9 53.3 |
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"Name": "Accounting Standards Codification",
"Section": "S99",
"Paragraph": "6",
"Subparagraph": "(SX 210.12-14(Column A)(Footnote 2))",
"Publisher": "FASB",
"URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
}
}
}