NASDAQ | ETF
The fund normally invests at least 80% of assets in securities of disruptive communications companies.
Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers.
Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 5.64% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 5.54% |
| SE | Sea Ltd | Consumer Cyclical | Internet Retail | 5.25% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 5.17% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.80% |
| TSM | Taiwan Semiconductor Manufacturing | Technology | Semiconductors | 4.74% |
| AMT | American Tower Corp | Real Estate | REIT - Specialty | 4.66% |
| ANET | Arista Networks | Technology | Computer Hardware | 4.65% |
| LBRDA | Liberty Broadband Srs A | Communication Services | Telecom Services | 3.81% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 3.77% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.75% |
| MGNI | Magnite Inc | Communication Services | Advertising Agencies | 2.74% |
| PINS | Pinterest Inc | Communication Services | Internet Content & Information | 2.68% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 2.38% |
| RDDT | Reddit, Inc. | Communication Services | Internet Content & Information | 2.35% |
| CLNX | Cellnex Telecom SA | Real Estate | Real Estate Services | 2.33% |
| SNAP | Snap Inc | Communication Services | Internet Content & Information | 2.30% |
| 035420 | Naver Corporation | Communication Services | Internet Content & Information | 2.20% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 2.12% |
| PDPG | Liberty International Holding Corp | Consumer Defensive | Beverages - Non-Alcoholic | 2.11% |