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 |
|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Technology | Semiconductors | 9.98% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 8.05% |
| ANET | Arista Networks | Technology | Computer Hardware | 6.15% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 6.01% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 5.42% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.79% |
| AMT | American Tower Corp | Real Estate | REIT - Specialty | 4.66% |
| RBLX | Roblox Corp | Communication Services | Electronic Gaming & Multimedia | 3.55% |
| SE | Sea Ltd | Consumer Cyclical | Internet Retail | 3.37% |
| QBR-B | Quebecor Inc | Communication Services | Telecom Services | 3.09% |
| AAPL | Apple Inc. | Technology | Consumer Electronics | 2.92% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 2.80% |
| TWLO | Twilio Inc | Technology | Software - Infrastructure | 2.77% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 2.69% |
| SATS | EchoStar Corporation | Communication Services | Telecom Services | 2.57% |
| RDDT | Reddit, Inc. | Communication Services | Internet Content & Information | 2.55% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 2.37% |
| SNAP | Snap Inc | Communication Services | Internet Content & Information | 2.30% |
| SPCX | Space Exploration Technologies Corp. Class A Common Stock | Industrials | Aerospace & Defense | 2.26% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 2.25% |