Quarterly Holdings Report
for
Fidelity® Equity Growth K6 Fund
August 31, 2026
EGK-NPRT3-1026
1.9909904.103
Common Stocks - 98.6%
 
  
Shares
Value ($)
 
AUSTRALIA - 0.6%
 
  
  
Materials - 0.6%
  
  
  
Metals & Mining - 0.6%
  
  
  
BHP Group Ltd ADR
 
25,125
2,359,740
BELGIUM - 0.9%
 
  
  
Health Care - 0.9%
  
  
  
Biotechnology - 0.7%
  
  
  
Argenx SE ADR (a)
  
2,557
2,637,955
Pharmaceuticals - 0.2%
  
  
  
UCB SA
 
2,470
617,701
TOTAL BELGIUM
  
  
3,255,656
CANADA - 1.1%
 
  
  
Information Technology - 0.6%
  
  
  
IT Services - 0.6%
  
  
  
Shopify Inc Class A (United States) (a)
  
15,244
2,246,508
Materials - 0.5%
  
  
  
Metals & Mining - 0.5%
  
  
  
Agnico Eagle Mines Ltd/CA (United States)
 
4,525
919,073
Franco-Nevada Corp
 
4,200
1,104,858
TOTAL MATERIALS
  
  
2,023,931
TOTAL CANADA
  
  
4,270,439
CHILE - 0.8%
 
  
  
Materials - 0.8%
  
  
  
Metals & Mining - 0.8%
  
  
  
Antofagasta PLC
 
30,034
1,643,714
Lundin Mining Corp
 
50,088
1,341,149
 
  
  
  
TOTAL CHILE
  
  
2,984,863
CHINA - 0.4%
 
  
  
Industrials - 0.4%
  
  
  
Electrical Equipment - 0.4%
  
  
  
Contemporary Amperex Technology Co Ltd A Shares (China)
 
27,524
1,489,096
ISRAEL - 0.0%
 
  
  
Health Care - 0.0%
  
  
  
Biotechnology - 0.0%
  
  
  
Gamida Cell Ltd rights (a)(d)
  
10,294
0
LUXEMBOURG - 0.7%
 
  
  
Materials - 0.7%
  
  
  
Metals & Mining - 0.7%
  
  
  
ArcelorMittal SA depository receipt
 
35,928
2,680,229
MEXICO - 0.1%
 
  
  
Materials - 0.1%
  
  
  
Metals & Mining - 0.1%
  
  
  
Southern Copper Corp
 
1,137
237,485
NETHERLANDS - 0.0%
 
  
  
Information Technology - 0.0%
  
  
  
Semiconductors & Semiconductor Equipment - 0.0%
  
  
  
NXP Semiconductors NV
 
713
160,168
NORWAY - 0.0%
 
  
  
Materials - 0.0%
  
  
  
Metals & Mining - 0.0%
  
  
  
Norsk Hydro ASA
 
12,550
126,705
SWEDEN - 0.2%
 
  
  
Industrials - 0.2%
  
  
  
Machinery - 0.2%
  
  
  
Epiroc AB A Shares
 
21,769
599,842
TAIWAN - 3.5%
 
  
  
Information Technology - 3.5%
  
  
  
Electronic Equipment, Instruments & Components - 0.1%
  
  
  
Chroma ATE Inc
 
8,145
503,743
Semiconductors & Semiconductor Equipment - 3.4%
  
  
  
MediaTek Inc
 
20,303
2,513,394
Taiwan Semiconductor Manufacturing Co Ltd ADR
 
24,088
10,004,228
 
  
  
12,517,622
TOTAL TAIWAN
  
  
13,021,365
UNITED KINGDOM - 0.1%
 
  
  
Financials - 0.1%
  
  
  
Financial Services - 0.1%
  
  
  
Revolut Group Holdings Ltd (a)(d)(e)
  
200
385,788
UNITED STATES - 90.2%
 
  
  
Communication Services - 13.1%
  
  
  
Diversified Telecommunication Services - 0.5%
  
  
  
Space Exploration Technologies Corp (b)
  
5,823
794,872
Space Exploration Technologies Corp - Lockup Released
 
2,153
293,895
Space Exploration Technologies Corp Class A
 
4,424
635,685
 
  
  
1,724,452
Entertainment - 0.1%
  
  
  
Live Nation Entertainment Inc (a)
  
4,586
824,976
Interactive Media & Services - 12.5%
  
  
  
Alphabet Inc Class A
 
116,584
39,562,781
Alphabet Inc Class C
 
1
334
Meta Platforms Inc Class A
 
12,338
7,061,531
 
  
  
46,624,646
TOTAL COMMUNICATION SERVICES
  
  
49,174,074
Consumer Discretionary - 7.3%
  
  
  
Automobiles - 2.2%
  
  
  
Tesla Inc (a)
  
22,457
8,263,053
Waymo LLC Class B (d)(e)
  
200
32,864
 
  
  
8,295,917
Broadline Retail - 2.6%
  
  
  
Amazon.com Inc (a)
  
36,978
9,605,775
Hotels, Restaurants & Leisure - 1.3%
  
  
  
Hilton Worldwide Holdings Inc
 
7,061
2,233,253
Viking Holdings Ltd (a)
  
31,353
2,700,748
 
  
  
4,934,001
Household Durables - 0.6%
  
  
  
SharkNinja Inc (a)
  
11,260
2,167,437
Specialty Retail - 0.6%
  
  
  
Ross Stores Inc
 
5,999
1,371,011
Williams-Sonoma Inc
 
3,751
856,166
 
  
  
2,227,177
TOTAL CONSUMER DISCRETIONARY
  
  
27,230,307
Energy - 1.1%
  
  
  
Energy Equipment & Services - 0.2%
  
  
  
SLB Ltd
 
12,348
742,115
Oil, Gas & Consumable Fuels - 0.9%
  
  
  
APA Corp
 
39,653
1,711,027
ExxonMobil Holdings Corp
 
9,098
1,464,323
Ovintiv Inc
 
2,863
187,956
 
  
  
3,363,306
TOTAL ENERGY
  
  
4,105,421
Financials - 4.6%
  
  
  
Banks - 0.5%
  
  
  
Bank of America Corp
 
30,884
1,912,954
Capital Markets - 1.6%
  
  
  
Cboe Global Markets Inc
 
2,309
693,162
Morgan Stanley
 
17,160
3,660,571
State Street Corp
 
9,304
1,780,600
 
  
  
6,134,333
Financial Services - 2.5%
  
  
  
Mastercard Inc Class A
 
15,280
9,004,657
TOTAL FINANCIALS
  
  
17,051,944
Health Care - 8.2%
  
  
  
Biotechnology - 3.1%
  
  
  
Alnylam Pharmaceuticals Inc (a)
  
6,705
1,613,826
Blueprint Medicines Corp rights (a)(d)
  
936
0
Caris Life Sciences Inc (a)
  
4,924
125,513
Cogent Biosciences Inc (a)
  
12,584
440,440
Hemab Therapeutics Holdings Inc
 
1,597
73,031
Insmed Inc (a)
  
13,766
1,676,974
Legend Biotech Corp ADR (a)
  
13,822
287,221
Moderna Inc (a)
  
28,679
4,024,811
Natera Inc (a)
  
3,384
1,089,513
Revolution Medicines Inc (a)
  
7,551
1,552,259
Twist Bioscience Corp (a)
  
656
91,184
Tyra Biosciences Inc (a)
  
18,453
461,879
 
  
  
11,436,651
Health Care Equipment & Supplies - 0.8%
  
  
  
Edwards Lifesciences Corp (a)
  
16,341
1,482,946
Medline Inc Class A (c)
  
38,971
1,365,154
 
  
  
2,848,100
Health Care Providers & Services - 0.0%
  
  
  
Guardant Health Inc (a)
  
1,078
171,424
Life Sciences Tools & Services - 0.5%
  
  
  
10X Genomics Inc Class A (a)
  
2,600
162,370
Illumina Inc (a)
  
9,176
1,960,269
 
  
  
2,122,639
Pharmaceuticals - 3.8%
  
  
  
Crinetics Pharmaceuticals Inc (a)
  
8,641
734,053
Eli Lilly & Co
 
11,645
13,470,121
 
  
  
14,204,174
TOTAL HEALTH CARE
  
  
30,782,988
Industrials - 7.9%
  
  
  
Aerospace & Defense - 0.5%
  
  
  
Anduril Industries Inc Class B (a)(d)(e)
  
200
14,700
Beta Technologies Inc Class A (a)
  
1,700
34,170
Boeing Co (a)
  
8,306
1,725,821
GE Aerospace
 
564
189,340
 
  
  
1,964,031
Air Freight & Logistics - 0.0%
  
  
  
CH Robinson Worldwide Inc
 
1,129
168,966
Building Products - 0.8%
  
  
  
Trane Technologies PLC
 
6,354
2,823,718
Construction & Engineering - 0.5%
  
  
  
Dycom Industries Inc (a)
  
3,404
991,279
EMCOR Group Inc
 
1,100
807,994
 
  
  
1,799,273
Electrical Equipment - 1.2%
  
  
  
Eaton Corp PLC
 
1,800
723,384
GE Vernova Inc
 
3,557
3,196,071
Nextpower Inc (a)
  
5,589
458,466
Regal Rexnord Corp
 
839
132,939
 
  
  
4,510,860
Ground Transportation - 0.4%
  
  
  
Old Dominion Freight Line Inc
 
6,905
1,380,724
Machinery - 3.4%
  
  
  
Caterpillar Inc
 
3,500
2,791,145
Cummins Inc
 
3,196
1,803,822
Deere & Co
 
2,994
1,960,801
PACCAR Inc
 
14,145
1,755,819
Parker-Hannifin Corp
 
1,506
1,475,037
Westinghouse Air Brake Technologies Corp
 
10,280
2,939,360
 
  
  
12,725,984
Passenger Airlines - 0.3%
  
  
  
Delta Air Lines Inc
 
16,474
1,284,972
Trading Companies & Distributors - 0.8%
  
  
  
Ferguson Enterprises Inc
 
7,825
1,756,791
United Rentals Inc
 
1,152
1,195,776
 
  
  
2,952,567
TOTAL INDUSTRIALS
  
  
29,611,095
Information Technology - 46.5%
  
  
  
Communications Equipment - 0.8%
  
  
  
Arista Networks Inc (a)
  
12,760
2,497,005
Lumentum Holdings Inc (a)
  
548
501,288
 
  
  
2,998,293
Electronic Equipment, Instruments & Components - 1.7%
  
  
  
Amphenol Corp Class A
 
22,692
3,597,817
Coherent Corp (a)
  
3,434
954,067
Corning Inc
 
11,798
1,754,717
 
  
  
6,306,601
Semiconductors & Semiconductor Equipment - 30.1%
  
  
  
Advanced Micro Devices Inc (a)
  
19,713
9,279,303
Analog Devices Inc
 
8,582
3,107,885
Applied Materials Inc
 
8,800
4,033,832
Broadcom Inc
 
33,768
12,505,641
Intel Corp (a)
  
29,770
2,664,713
KLA Corp
 
13,510
2,370,330
Lam Research Corp
 
14,440
4,353,516
MACOM Technology Solutions Holdings Inc (a)
  
3,763
992,792
Marvell Technology Inc
 
10,912
2,309,634
Micron Technology Inc
 
10,153
9,733,986
Monolithic Power Systems Inc
 
517
655,437
NVIDIA Corp
 
264,378
58,369,375
SiTime Corp (a)
  
1,483
838,518
Teradyne Inc
 
3,100
1,084,473
 
  
  
112,299,435
Software - 7.5%
  
  
  
Cadence Design Systems Inc (a)
  
6,876
2,329,451
Canva Inc Class A (a)(d)(e)
  
150
224,599
Crowdstrike Holdings Inc Class A (a)
  
9,439
2,180,409
Datadog Inc Class A (a)
  
14,966
3,547,541
Microsoft Corp
 
25,990
13,184,467
Oracle Corp
 
3,246
484,044
Palantir Technologies Inc Class A (a)
  
10,882
2,028,187
Palo Alto Networks Inc (a)
  
10,761
4,112,101
 
  
  
28,090,799
Technology Hardware, Storage & Peripherals - 6.4%
  
  
  
Apple Inc
 
68,372
21,663,669
Seagate Technology Holdings PLC
 
2,772
2,296,269
 
  
  
23,959,938
TOTAL INFORMATION TECHNOLOGY
  
  
173,655,066
Materials - 1.3%
  
  
  
Chemicals - 0.5%
  
  
  
Corteva Inc
 
23,169
1,960,792
Metals & Mining - 0.8%
  
  
  
Alcoa Corp
 
45,407
2,268,080
Steel Dynamics Inc
 
3,386
787,651
 
  
  
3,055,731
TOTAL MATERIALS
  
  
5,016,523
Real Estate - 0.2%
  
  
  
Health Care REITs - 0.2%
  
  
  
Ventas Inc
 
8,447
770,113
TOTAL UNITED STATES
  
  
337,397,531
 
TOTAL COMMON STOCKS
 (Cost $286,542,082)
  
  
  
368,968,907
 
  
  
  
Convertible Preferred Stocks - 1.3%
 
  
Shares
Value ($)
 
UNITED STATES - 1.3%
 
  
  
Consumer Discretionary - 0.0%
  
  
  
Automobiles - 0.0%
  
  
  
Waymo LLC Series D-2 (d)(e)
  
600
98,592
Financials - 0.0%
  
  
  
Financial Services - 0.0%
  
  
  
Akeana Series C (a)(d)(e)
  
400
4,352
Industrials - 0.2%
  
  
  
Aerospace & Defense - 0.1%
  
  
  
Anduril Industries Inc Series F (a)(d)(e)
  
1,470
108,045
Anduril Industries Inc Series G (a)(d)(e)
  
214
15,729
Anduril Industries Inc Series H (d)(e)
  
3,600
264,600
 
  
  
388,374
Air Freight & Logistics - 0.1%
  
  
  
Zipline International Inc Series H (d)(e)
  
2,862
206,379
TOTAL INDUSTRIALS
  
  
594,753
Information Technology - 1.1%
  
  
  
Software - 1.1%
  
  
  
Anthropic PBC Series F (a)(d)(e)
  
1,000
777,530
Anthropic PBC Series G (d)(e)
  
2,200
1,710,566
Anthropic PBC Series H (d)(e)
  
1,400
1,088,542
Databricks Inc Series K (d)(e)
  
1,000
253,000
OpenAI Group Pbc Series A-2 (d)(e)
  
373
256,508
World Labs Technologies Inc Series C (d)(e)
  
300
97,836
World Labs Technologies Inc Series C PRIME (d)(e)
  
268
93,200
TOTAL INFORMATION TECHNOLOGY
  
  
4,277,182
TOTAL UNITED STATES
  
  
4,974,879
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $2,478,273)
  
  
  
4,974,879
 
  
  
  
Money Market Funds - 0.4%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Securities Lending Cash Central Fund (f)(g)
 (Cost $1,360,800)
  
3.72
1,360,664
1,360,800
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $290,381,155)
 
  
 
375,304,586
NET OTHER ASSETS (LIABILITIES) - (0.3)%  
(1,197,038)
NET ASSETS - 100.0%
374,107,548
 
  
 
Legend
 
(a)
Non-income producing.
 
(b)
Security is subject to lock-up or market standoff agreement. Fair value is based on the unadjusted market price of the equivalent equity security. At the end of the period, the total value of unadjusted equity securities subject to contractual sale restrictions is $794,872 with varying restriction expiration dates. Under normal market conditions, there are no circumstances that could cause the restrictions to lapse.
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
Level 3 security.
 
(e)
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 $5,632,830 or 1.5% of net assets.
 
(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.
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Akeana Series C
1/23/2024
5,103
 
  
  
Anduril Industries Inc Class B
6/16/2025
8,176
 
  
  
Anduril Industries Inc Series F
8/7/2024
31,953
 
  
  
Anduril Industries Inc Series G
4/17/2025
8,749
 
  
  
Anduril Industries Inc Series H
5/12/2026
248,230
 
  
  
Anthropic PBC Series F
8/18/2025
140,968
 
  
  
Anthropic PBC Series G
1/27/2026
570,100
 
  
  
Anthropic PBC Series H
5/28/2026
824,613
 
  
  
Canva Inc Class A
8/19/2025 - 11/12/2025
246,920
 
  
  
Databricks Inc Series K
9/8/2025
150,000
 
  
  
OpenAI Group Pbc Series A-2
9/30/2024
70,200
 
  
  
Revolut Group Holdings Ltd
1/28/2026
282,019
 
  
  
Waymo LLC Class B
4/22/2026
32,863
 
  
  
Waymo LLC Series D-2
2/2/2026
98,590
 
  
  
World Labs Technologies Inc Series C
2/17/2026
78,072
 
  
  
World Labs Technologies Inc Series C PRIME
2/17/2026
90,667
 
  
  
Zipline International Inc Series H
12/3/2025
161,028
 
  
  
Additional information on each lock-up restriction is as follows:
Security
Restriction Expiration Date
Space Exploration Technologies Corp
12/8/2026
 
  
 
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.
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
Fidelity Cash Central Fund
279,679
72,170,068
72,449,753
54,842
6
-
-
-
Fidelity Securities Lending Cash Central Fund
206,200
16,730,042
15,575,439
8,041
(3)
-
1,360,800
1,360,664
 
485,879
88,900,110
88,025,192
62,883
3
-
1,360,800
  
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Securities, including private placements or other restricted securities, for which observable inputs are not available are valued using alternate valuation approaches, including the market approach, the income approach and cost approach, and are categorized as Level 3 in the hierarchy. The market approach considers factors including the price of recent investments in the same or a similar security or financial metrics of comparable securities. The income approach considers factors including expected future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
 
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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