13F filer · CIK 315066 ↗
Fidelity Investments
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$1.92T
+8.5% on the quarter before
Positions
5,367
372 new · 328 sold out
Top 10
36.7%
of the value
Est. gain
+$147.03B
on stocks held all quarter
Est. return
+8.8%
on those stocks since Q2 2025
Positions as of Sep 30, 2025, from Fidelity Investments's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 47% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Alphabet~$3.30BAdded · 2.2% → 2.9%+13,584,328 shares
- TSMC~$3.29BAdded · 0.8% → 1.1%+11,786,038 shares
- Microsoft~$2.87BAdded · 5.7% → 5.7%+5,548,052 shares
- Tesla~$2.76BAdded · 0.5% → 0.8%+6,195,054 shares
- Alphabet~$2.02BAdded · 1.0% → 1.4%+8,276,240 shares
- Oracle~$1.98BAdded · 0.3% → 0.5%+7,047,855 shares
- Thermo Fisher Scientific Inc~$1.75BAdded · 0.1% → 0.2%+3,602,808 shares
- KLA~$1.47BAdded · 0.1% → 0.1%+1,360,171 shares
- Boeing Co~$1.31BAdded · 0.4% → 0.5%+6,063,143 shares
- Philip Morris Intl Inc~$1.28BAdded · 0.3% → 0.3%+7,900,386 shares
Largest sells
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Berkshire Hathaway Inc Del~$4.67BCut · 1.4% → 1.1%−6,186 shares
- Meta~$4.34BCut · 5.7% → 5.0%−5,908,745 shares
- Amazon~$3.34BCut · 4.3% → 3.8%−15,193,151 shares
- Nvidia~$2.85BCut · 8.9% → 9.5%−15,271,223 shares
- Visa Inc.~$2.44BCut · 1.1% → 0.9%−7,158,378 shares
- Ge Aerospace~$1.66BCut · 0.9% → 0.9%−5,518,302 shares
- Intuitive Surgical~$1.64BCut · 0.3% → 0.1%−3,659,932 shares
- Lululemon Athletica Inc~$1.39BCut · 0.2% → 0.0%−7,812,726 shares
- Costco Whsl Corp New~$1.35BCut · 0.5% → 0.4%−1,460,694 shares
- Cisco~$1.34BCut · 0.4% → 0.3%−19,588,307 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares −1.5% · price +18.1% | 9.5% | $183.35B | +$28.10B | ||||||||
| MicrosoftCOM · shares +2.7% · price +4.1% | 5.7% | $109.02B | +$4.21B | ||||||||
| MetaCL A · shares −4.3% · price −0.5% | 5.0% | $95.47B | −$482.3M | ||||||||
| AppleCOM · shares −1.1% · price +24.1% | 4.0% | $77.22B | +$15.00B | ||||||||
| AmazonCOM · shares −4.4% · price +0.1% | 3.8% | $72.21B | +$59.2M | ||||||||
| AlphabetCAP STK CL A · shares +6.3% · price +37.9% | 2.9% | $55.91B | +$14.47B | ||||||||
| BroadcomCOM · shares +3.2% · price +19.7% | 2.1% | $39.86B | +$6.35B | ||||||||
| AlphabetCAP STK CL C · shares +8.1% · price +37.3% | 1.4% | $26.82B | +$6.74B | ||||||||
| NetflixCOM · shares −4.5% · price −10.5% | 1.3% | $25.30B | −$2.96B | ||||||||
| TSMCSPONSORED ADS · shares +19% · price +23.3% | 1.1% | $20.44B | +$3.24B | ||||||||
| Berkshire Hathaway Inc DelCL A · shares −19% · price +3.5% | 1.1% | $20.41B | +$687.5M | ||||||||
| Eli LillyCOM · shares −5.7% · price −2.1% | 0.96% | $18.44B | −$399.6M | ||||||||
| Visa Inc.COM CL A · shares −13% · price −3.9% | 0.86% | $16.62B | −$665.6M | ||||||||
| Ge AerospaceCOM NEW · shares −9.1% · price +16.9% | 0.86% | $16.51B | +$2.38B | ||||||||
| Wells Fargo Co NewCOM · shares −4.0% · price +4.6% | 0.84% | $16.20B | +$715.1M | ||||||||
| TeslaCOM · shares +21% · price +40.0% | 0.83% | $16.05B | +$3.80B | ||||||||
| MastercardCL A · shares +8.2% · price +1.2% | 0.79% | $15.28B | +$170.6M | ||||||||
| Exxon Mobil CorpCOM · shares −4.5% · price +4.6% | 0.75% | $14.36B | +$630.4M | ||||||||
| GE VernovaCOM · shares −8.5% · price +16.2% | 0.72% | $13.94B | +$1.94B | ||||||||
| AmphenolCL A · shares −8.1% · price +25.3% | 0.64% | $12.35B | +$2.50B | ||||||||
| Jpmorgan Chase & Co.COM · shares −7.9% · price +8.8% | 0.64% | $12.22B | +$988.6M | ||||||||
| Bank America CorpCOM · shares +0.07% · price +9.0% | 0.56% | $10.81B | +$893.9M | ||||||||
| Marvell Technology IncCOM · shares +6.0% · price +8.6% | 0.53% | $10.24B | +$765.9M | ||||||||
| AppLovinCOM CL A · shares −4.7% · price +105.3% | 0.51% | $9.85B | +$5.05B | ||||||||
| Boston Scientific CorpCOM · shares −8.2% · price −9.1% | 0.50% | $9.71B | −$972.9M | ||||||||
| Total · 5,367 positions | 100% | $1.92T | +$147.03B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2025 to Q3 2025: 4,830 stocks held throughout, up $147.03B (+8.8%).
- Nvidia+$28.10B+18%
- Apple+$15.00B+24%
- Alphabet+$14.47B+38%
- Alphabet+$6.74B+37%
- Broadcom+$6.35B+20%
- CoreWeave−$655.7M−16%
- Visa Inc.−$665.6M−4%
- Keurig Dr Pepper Inc−$780.5M−23%
- Boston Scientific Corp−$972.9M−9%
- Netflix−$2.96B−10%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 17 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $2.30T+21% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $1.90T−3% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $1.96T+2% | SEC ↗ |
| Q3 2025 | Nov 13, 2025 | $1.92T+8% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $1.77T+13% | SEC ↗ |
| Q1 2025 | May 12, 2025 | $1.57T−7% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $1.68T+2% | SEC ↗ |
| Q3 2024 | Nov 13, 2024 | $1.64T+5% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $1.56T+5% | SEC ↗ |
| Q1 2024 | May 13, 2024 | $1.49T+14% | SEC ↗ |
| Q4 2023 | Feb 13, 2024 | $1.30T+13% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $1.16T−3% | SEC ↗ |
| Q2 2023 | Aug 11, 2023 | $1.19T−45% | SEC ↗ |
| Q1 2023 | May 11, 2023 (amended) | $2.19T+117% | SEC ↗ |
| Q4 2022 | Feb 13, 2023 | $1.01T+5% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $958.93B−4% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $1.00T−20% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $1.25T−8% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $1.35T+7% | SEC ↗ |
| Q3 2021 | Feb 14, 2022 (amended) | $1.26T−1% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $1.28T+9% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $1.17T+4% | SEC ↗ |
| Q4 2020 | Feb 8, 2021 | $1.12T+14% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $989.33B+9% | SEC ↗ |
| Q2 2020 | Aug 24, 2020 (amended) | $909.48B+26% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $722.13B−20% | SEC ↗ |
| Q4 2019 | Feb 7, 2020 | $906.40B+9% | SEC ↗ |
| Q3 2019 | Nov 13, 2019 | $833.77B−3% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $856.19B+3% | SEC ↗ |
| Q1 2019 | May 13, 2019 (amended) | $834.93B+14% | SEC ↗ |
| Q4 2018 | Feb 13, 2019 (amended) | $730.25B−18% | SEC ↗ |
| Q3 2018 | Nov 9, 2018 | $888.88B+2% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 (amended) | $868.68B+3% | SEC ↗ |
| Q1 2018 | May 14, 2018 | $842.35B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $853.06B+3% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $827.12B+3% | SEC ↗ |
| Q2 2017 | Aug 29, 2017 (amended) | $804.55B+2% | SEC ↗ |
| Q1 2017 | May 11, 2017 | $787.10B+5% | SEC ↗ |
| Q4 2016 | Feb 10, 2017 (amended) | $748.25B−0% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $750.86B+2% | SEC ↗ |
| Q2 2016 | Aug 11, 2016 | $732.58B+1% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $722.80B | SEC ↗ |