Quarterly Holdings Report
for
Fidelity® Equity Growth K6 Fund
February 28, 2026
EGK-NPRT1-0426
1.9909903.102
Common Stocks - 98.7%
 
  
Shares
Value ($)
 
BELGIUM - 1.0%
 
  
  
Health Care - 1.0%
  
  
  
Pharmaceuticals - 1.0%
  
  
  
UCB SA
 
11,007
3,281,381
BRAZIL - 0.6%
 
  
  
Consumer Discretionary - 0.1%
  
  
  
Broadline Retail - 0.1%
  
  
  
MercadoLibre Inc (a)
  
128
224,970
Financials - 0.1%
  
  
  
Banks - 0.1%
  
  
  
NU Holdings Ltd/Cayman Islands Class A (a)
  
18,213
272,831
Materials - 0.4%
  
  
  
Metals & Mining - 0.4%
  
  
  
Vale SA ADR
 
81,454
1,399,380
TOTAL BRAZIL
  
  
1,897,181
CANADA - 2.0%
 
  
  
Information Technology - 0.5%
  
  
  
IT Services - 0.5%
  
  
  
Shopify Inc Class A (United States) (a)
  
12,644
1,526,510
Materials - 1.5%
  
  
  
Chemicals - 0.0%
  
  
  
Nutrien Ltd (United States)
 
730
54,801
Metals & Mining - 1.5%
  
  
  
Agnico Eagle Mines Ltd/CA (United States)
 
10,342
2,602,047
Franco-Nevada Corp
 
8,000
2,235,930
 
  
  
4,837,977
TOTAL MATERIALS
  
  
4,892,778
TOTAL CANADA
  
  
6,419,288
CHILE - 0.2%
 
  
  
Materials - 0.2%
  
  
  
Metals & Mining - 0.2%
  
  
  
Antofagasta PLC
 
2,435
140,056
Lundin Mining Corp
 
11,936
380,293
 
  
  
  
TOTAL CHILE
  
  
520,349
CHINA - 0.1%
 
  
  
Consumer Discretionary - 0.1%
  
  
  
Broadline Retail - 0.1%
  
  
  
Alibaba Group Holding Ltd ADR
 
2,461
354,655
GERMANY - 0.3%
 
  
  
Consumer Discretionary - 0.3%
  
  
  
Specialty Retail - 0.3%
  
  
  
Auto1 Group SE (a)
  
47,600
967,400
ISRAEL - 0.0%
 
  
  
Health Care - 0.0%
  
  
  
Biotechnology - 0.0%
  
  
  
Gamida Cell Ltd rights (a)(b)
  
10,294
0
KOREA (SOUTH) - 1.0%
 
  
  
Information Technology - 1.0%
  
  
  
Semiconductors & Semiconductor Equipment - 1.0%
  
  
  
SK Hynix Inc
 
4,352
3,206,400
MEXICO - 0.0%
 
  
  
Materials - 0.0%
  
  
  
Metals & Mining - 0.0%
  
  
  
Southern Copper Corp
 
1,113
242,968
NETHERLANDS - 0.6%
 
  
  
Health Care - 0.6%
  
  
  
Biotechnology - 0.6%
  
  
  
Argenx SE ADR (a)
  
2,323
1,781,555
Information Technology - 0.0%
  
  
  
Semiconductors & Semiconductor Equipment - 0.0%
  
  
  
NXP Semiconductors NV
 
713
161,858
TOTAL NETHERLANDS
  
  
1,943,413
NORWAY - 0.0%
 
  
  
Materials - 0.0%
  
  
  
Metals & Mining - 0.0%
  
  
  
Norsk Hydro ASA
 
12,550
116,444
TAIWAN - 3.8%
 
  
  
Information Technology - 3.8%
  
  
  
Electronic Equipment, Instruments & Components - 0.1%
  
  
  
Chroma ATE Inc
 
8,484
373,268
Semiconductors & Semiconductor Equipment - 3.7%
  
  
  
Taiwan Semiconductor Manufacturing Co Ltd ADR
 
32,117
12,030,386
TOTAL TAIWAN
  
  
12,403,654
THAILAND - 0.0%
 
  
  
Information Technology - 0.0%
  
  
  
Electronic Equipment, Instruments & Components - 0.0%
  
  
  
Fabrinet (a)
  
315
171,873
UNITED KINGDOM - 0.1%
 
  
  
Financials - 0.1%
  
  
  
Financial Services - 0.1%
  
  
  
Revolut Group Holdings Ltd (a)(b)(c)
  
200
280,616
UNITED STATES - 89.0%
 
  
  
Communication Services - 12.8%
  
  
  
Entertainment - 1.6%
  
  
  
Live Nation Entertainment Inc (a)
  
4,410
715,037
Netflix Inc (a)
  
48,843
4,700,651
 
  
  
5,415,688
Interactive Media & Services - 11.2%
  
  
  
Alphabet Inc Class A
 
69,610
21,701,614
Meta Platforms Inc Class A
 
22,895
14,840,081
 
  
  
36,541,695
TOTAL COMMUNICATION SERVICES
  
  
41,957,383
Consumer Discretionary - 9.9%
  
  
  
Automobiles - 2.3%
  
  
  
Tesla Inc (a)
  
18,727
7,537,805
Broadline Retail - 4.5%
  
  
  
Amazon.com Inc (a)
  
70,134
14,728,140
Hotels, Restaurants & Leisure - 1.4%
  
  
  
Airbnb Inc Class A (a)
  
1,826
246,710
Hilton Worldwide Holdings Inc
 
6,461
2,014,411
Viking Holdings Ltd (a)
  
29,998
2,340,444
 
  
  
4,601,565
Household Durables - 0.9%
  
  
  
DR Horton Inc
 
9,907
1,588,984
Lennar Corp Class A
 
1,248
142,721
SharkNinja Inc (a)
  
11,260
1,383,516
 
  
  
3,115,221
Specialty Retail - 0.8%
  
  
  
Lowe's Cos Inc
 
1,128
298,435
Ross Stores Inc
 
2,391
491,685
Williams-Sonoma Inc
 
8,486
1,745,146
 
  
  
2,535,266
TOTAL CONSUMER DISCRETIONARY
  
  
32,517,997
Consumer Staples - 1.7%
  
  
  
Consumer Staples Distribution & Retail - 0.9%
  
  
  
Costco Wholesale Corp
 
2,800
2,830,212
Personal Care Products - 0.3%
  
  
  
Estee Lauder Cos Inc/The Class A
 
11,582
1,267,881
Tobacco - 0.5%
  
  
  
Philip Morris International Inc
 
8,401
1,569,559
TOTAL CONSUMER STAPLES
  
  
5,667,652
Energy - 1.8%
  
  
  
Oil, Gas & Consumable Fuels - 1.8%
  
  
  
APA Corp
 
54,807
1,664,489
Chevron Corp
 
4,618
862,458
ConocoPhillips
 
988
112,097
Exxon Mobil Corp
 
21,101
3,217,903
Ovintiv Inc
 
2,863
144,839
TOTAL ENERGY
  
  
6,001,786
Financials - 6.3%
  
  
  
Banks - 0.8%
  
  
  
Bank of America Corp
 
44,555
2,220,176
US Bancorp
 
7,789
425,746
 
  
  
2,645,922
Capital Markets - 2.1%
  
  
  
Cboe Global Markets Inc
 
6,255
1,874,749
Charles Schwab Corp/The
 
17,522
1,668,094
Morgan Stanley
 
20,263
3,373,992
 
  
  
6,916,835
Consumer Finance - 0.3%
  
  
  
Capital One Financial Corp
 
4,305
842,230
Financial Services - 3.1%
  
  
  
Mastercard Inc Class A
 
20,012
10,350,407
TOTAL FINANCIALS
  
  
20,755,394
Health Care - 6.3%
  
  
  
Biotechnology - 2.3%
  
  
  
Alnylam Pharmaceuticals Inc (a)
  
5,120
1,704,550
Blueprint Medicines Corp rights (a)(b)
  
936
0
Cogent Biosciences Inc (a)
  
15,184
589,898
Cytokinetics Inc (a)
  
7,734
481,209
Gilead Sciences Inc
 
4,820
717,939
Insmed Inc (a)
  
12,535
1,871,853
Legend Biotech Corp ADR (a)
  
13,822
262,618
Moderna Inc (a)
  
33,279
1,782,756
 
  
  
7,410,823
Health Care Equipment & Supplies - 1.3%
  
  
  
Edwards Lifesciences Corp (a)
  
24,118
2,085,484
Insulet Corp (a)
  
5,074
1,251,299
Medline Inc Class A
 
21,092
1,002,081
 
  
  
4,338,864
Health Care Technology - 0.1%
  
  
  
Veeva Systems Inc Class A (a)
  
1,694
308,324
Pharmaceuticals - 2.6%
  
  
  
Crinetics Pharmaceuticals Inc (a)
  
5,422
222,844
Eli Lilly & Co
 
8,015
8,431,700
 
  
  
8,654,544
TOTAL HEALTH CARE
  
  
20,712,555
Industrials - 10.4%
  
  
  
Aerospace & Defense - 1.5%
  
  
  
Anduril Industries Inc Class B (b)(c)
  
200
12,708
Beta Technologies Inc Class A (a)
  
1,700
31,960
Boeing Co (a)
  
12,086
2,749,928
GE Aerospace
 
3,532
1,208,862
Space Exploration Technologies Corp (a)(b)(c)
  
1,025
539,755
Space Exploration Technologies Corp Class C (a)(b)(c)
  
634
333,858
 
  
  
4,877,071
Air Freight & Logistics - 0.0%
  
  
  
CH Robinson Worldwide Inc
 
1,321
244,715
Building Products - 0.9%
  
  
  
Trane Technologies PLC
 
6,654
3,076,277
Construction & Engineering - 0.7%
  
  
  
Dycom Industries Inc (a)
  
3,304
1,387,746
EMCOR Group Inc
 
1,100
797,082
 
  
  
2,184,828
Electrical Equipment - 1.9%
  
  
  
GE Vernova Inc
 
4,139
3,615,830
Nextpower Inc Class A (a)
  
24,355
2,559,711
 
  
  
6,175,541
Ground Transportation - 0.3%
  
  
  
Old Dominion Freight Line Inc
 
5,611
1,139,314
Machinery - 3.6%
  
  
  
Cummins Inc
 
4,377
2,555,599
Deere & Co
 
4,294
2,703,976
Dover Corp
 
3,534
796,917
Ingersoll Rand Inc
 
974
91,692
PACCAR Inc
 
8,360
1,054,112
Parker-Hannifin Corp
 
1,906
1,923,497
Westinghouse Air Brake Technologies Corp
 
9,736
2,569,817
 
  
  
11,695,610
Passenger Airlines - 0.4%
  
  
  
Delta Air Lines Inc
 
13,545
889,907
Southwest Airlines Co
 
8,819
434,423
 
  
  
1,324,330
Trading Companies & Distributors - 1.1%
  
  
  
Ferguson Enterprises Inc (United Kingdom)
 
9,548
2,488,548
United Rentals Inc
 
1,257
1,055,880
 
  
  
3,544,428
TOTAL INDUSTRIALS
  
  
34,262,114
Information Technology - 37.1%
  
  
  
Communications Equipment - 1.0%
  
  
  
Arista Networks Inc (a)
  
8,995
1,200,832
Lumentum Holdings Inc (a)
  
2,813
1,971,660
 
  
  
3,172,492
Electronic Equipment, Instruments & Components - 2.7%
  
  
  
Amphenol Corp Class A
 
25,699
3,753,597
Coherent Corp (a)
  
12,208
3,161,017
Corning Inc
 
12,198
1,834,335
 
  
  
8,748,949
Semiconductors & Semiconductor Equipment - 19.1%
  
  
  
Advanced Micro Devices Inc (a)
  
3,386
677,911
Analog Devices Inc
 
1,682
598,439
Broadcom Inc
 
35,255
11,265,735
First Solar Inc (a)
  
1,280
252,415
KLA Corp
 
941
1,434,602
Lam Research Corp
 
9,040
2,114,366
MACOM Technology Solutions Holdings Inc (a)
  
3,263
809,616
Marvell Technology Inc
 
20,626
1,684,938
Micron Technology Inc
 
2,062
850,307
NVIDIA Corp
 
240,178
42,557,140
SiTime Corp (a)
  
1,683
669,632
 
  
  
62,915,101
Software - 8.6%
  
  
  
Cadence Design Systems Inc (a)
  
4,000
1,205,600
Canva Inc Class A (a)(b)(c)
  
150
202,019
Microsoft Corp
 
61,236
24,049,827
Oracle Corp
 
852
123,880
Palantir Technologies Inc Class A (a)
  
8,578
1,176,816
Synopsys Inc (a)
  
3,982
1,648,548
 
  
  
28,406,690
Technology Hardware, Storage & Peripherals - 5.7%
  
  
  
Apple Inc
 
68,245
18,028,964
Seagate Technology Holdings PLC
 
1,832
747,163
 
  
  
18,776,127
TOTAL INFORMATION TECHNOLOGY
  
  
122,019,359
Materials - 1.7%
  
  
  
Chemicals - 0.9%
  
  
  
Corteva Inc
 
29,569
2,369,068
Sherwin-Williams Co/The
 
1,837
666,078
 
  
  
3,035,146
Construction Materials - 0.1%
  
  
  
Vulcan Materials Co
 
1,381
428,110
Metals & Mining - 0.7%
  
  
  
Alcoa Corp
 
34,737
2,156,473
TOTAL MATERIALS
  
  
5,619,729
Real Estate - 0.3%
  
  
  
Health Care REITs - 0.3%
  
  
  
Ventas Inc
 
11,447
986,274
Utilities - 0.7%
  
  
  
Electric Utilities - 0.5%
  
  
  
NRG Energy Inc
 
8,240
1,474,631
Independent Power and Renewable Electricity Producers - 0.2%
  
  
  
Vistra Corp
 
4,478
778,679
TOTAL UTILITIES
  
  
2,253,310
TOTAL UNITED STATES
  
  
292,753,553
ZAMBIA - 0.0%
 
  
  
Materials - 0.0%
  
  
  
Metals & Mining - 0.0%
  
  
  
First Quantum Minerals Ltd (a)
  
8,741
261,708
 
TOTAL COMMON STOCKS
 (Cost $273,657,563)
  
  
  
324,820,883
 
  
  
  
Convertible Preferred Stocks - 0.6%
 
  
Shares
Value ($)
 
UNITED STATES - 0.6%
 
  
  
Consumer Discretionary - 0.0%
  
  
  
Automobiles - 0.0%
  
  
  
Waymo LLC Series D-2 (b)(c)
  
600
98,590
Financials - 0.0%
  
  
  
Financial Services - 0.0%
  
  
  
Akeana Series C (a)(b)(c)
  
400
4,951
Industrials - 0.1%
  
  
  
Aerospace & Defense - 0.0%
  
  
  
Anduril Industries Inc Series F (a)(b)(c)
  
1,470
93,404
Anduril Industries Inc Series G (b)(c)
  
214
13,597
 
  
  
107,001
Air Freight & Logistics - 0.1%
  
  
  
Zipline International Inc Series H (b)(c)
  
2,862
161,016
TOTAL INDUSTRIALS
  
  
268,017
Information Technology - 0.5%
  
  
  
Software - 0.5%
  
  
  
Anthropic PBC Series F (b)(c)
  
1,000
259,140
Anthropic PBC Series G (b)(c)
  
2,200
570,108
Databricks Inc Series K (b)(c)
  
1,000
179,699
OpenAI Group Pbc Series A-2 (b)(c)
  
373
258,825
World Labs Technologies Inc Series C (b)(c)
  
300
94,428
World Labs Technologies Inc Series C PRIME (b)(c)
  
268
90,646
TOTAL INFORMATION TECHNOLOGY
  
  
1,452,846
TOTAL UNITED STATES
  
  
1,824,404
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $1,405,430)
  
  
  
1,824,404
 
  
  
  
Money Market Funds - 0.4%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (d)
  
3.70
1,170,770
1,171,005
Fidelity Securities Lending Cash Central Fund (d)(e)
  
3.69
251,975
252,000
 
TOTAL MONEY MARKET FUNDS
 (Cost $1,423,005)
  
  
  
1,423,005
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.7%
 (Cost $276,485,998)
 
  
 
328,068,292
NET OTHER ASSETS (LIABILITIES) - 0.3%  
864,877
NET ASSETS - 100.0%
328,933,169
 
  
Legend
 
(a)
Non-income producing.
 
(b)
Level 3 security.
 
(c)
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 $3,193,360 or 1.0% of net assets.
 
(d)
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.
 
(e)
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
5,104
 
  
  
Anduril Industries Inc Class B
6/16/2025
8,177
 
  
  
Anduril Industries Inc Series F
8/7/2024
31,953
 
  
  
Anduril Industries Inc Series G
4/17/2025
8,749
 
  
  
Anthropic PBC Series F
8/18/2025
140,968
 
  
  
Anthropic PBC Series G
1/27/2026
570,100
 
  
  
Canva Inc Class A
8/19/2025 - 11/12/2025
246,921
 
  
  
Databricks Inc Series K
9/8/2025
150,000
 
  
  
OpenAI Group Pbc Series A-2
9/30/2024
70,199
 
  
  
Revolut Group Holdings Ltd
1/28/2026
282,019
 
  
  
Space Exploration Technologies Corp
11/22/2024 - 12/12/2025
253,676
 
  
  
Space Exploration Technologies Corp Class C
12/12/2025
266,914
 
  
  
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
 
  
  
 
 
Affiliated Central Funds
 
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
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
% ownership,
end
of period
Fidelity Cash Central Fund
279,679
20,368,353
19,476,945
17,006
(82)
-
1,171,005
1,170,770
0.0%
Fidelity Securities Lending Cash Central Fund
206,200
1,759,666
1,713,863
104
(3)
-
252,000
251,975
0.0%
Total
485,879
22,128,019
21,190,808
17,110
(85)
-
1,423,005
  
  
 
  
  
  
  
  
  
  
  
  
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.
 
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.
 
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.