BATS | ETF
Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations.
It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called value stocks).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.20% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.23% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.83% |
| CI | Cigna Corp | Healthcare | Healthcare Plans | 2.73% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.57% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 2.54% |
| TRV | The Travelers Companies Inc | Financial Services | Insurance - Property & Casualty | 2.25% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 2.15% |
| L3H | SHELL PLC WI ADR/2 | Energy | Oil & Gas Integrated | 2.14% |
| CNC | Centene Corp | Healthcare | Healthcare Plans | 2.04% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 1.76% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 1.69% |
| PNC | PNC Financial Services Group Inc | Financial Services | Banks - Regional | 1.65% |
| KVUE | Kenvue Inc. | Consumer Defensive | Household & Personal Products | 1.55% |
| PCG | PG&E Corp | Utilities | Utilities - Regulated Electric | 1.52% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.51% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 1.48% |
| AZN | AstraZeneca PLC ADR | Healthcare | Drug Manufacturers - General | 1.44% |
| KDP | Keurig Dr Pepper Inc | Consumer Defensive | Beverages - Non-Alcoholic | 1.41% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 1.39% |