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 | 5.91% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 5.70% |
| SE | Sea Ltd | Consumer Cyclical | Internet Retail | 5.33% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 5.27% |
| ANET | Arista Networks | Technology | Computer Hardware | 5.22% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 5.02% |
| TSM | Taiwan Semiconductor Manufacturing | Technology | Semiconductors | 4.82% |
| AMT | American Tower Corp | Real Estate | REIT - Specialty | 4.66% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 3.81% |
| PINS | Pinterest Inc | Communication Services | Internet Content & Information | 2.80% |
| MGNI | Magnite Inc | Communication Services | Advertising Agencies | 2.60% |
| RDDT | Reddit, Inc. | Communication Services | Internet Content & Information | 2.55% |
| RBLX | Roblox Corp | Communication Services | Electronic Gaming & Multimedia | 2.51% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 2.49% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.47% |
| LBRDA | Liberty Broadband Srs A | Communication Services | Telecom Services | 2.33% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 2.32% |
| SNAP | Snap Inc | Communication Services | Internet Content & Information | 2.30% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 2.22% |
| CLNX | Cellnex Telecom SA | Real Estate | Real Estate Services | 2.11% |