Morningstar

Fidelity Contrafund K6 FLCNX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 30.42  /  +1.37 %
  • Total Assets 35.5 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.41%
  • Turnover 25%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis FLCNX

Will FLCNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FLCNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLCNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FLCNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Meta-heavy.

Strategist Robby Greengold

Robby Greengold

Strategist

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. The exceptional skill of Fidelity Contrafund’s portfolio manager outweighs the disadvantages of its massive asset base, and it has been helped recently by a sizable position in Meta Platforms. The remainder of this analysis is from Feb. 5, 2024.

by Robby Greengold
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FLCNX

More FLCNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 54.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Meta Platforms Inc Class A

13.21 4.7 Bil
Communication Services

NVIDIA Corp

8.49 3.0 Bil
Technology

Berkshire Hathaway Inc Class A

7.98 2.8 Bil
Financial Services

Microsoft Corp

6.01 2.1 Bil
Technology

Amazon.com Inc

5.02 1.8 Bil
Consumer Cyclical

Apple Inc

3.75 1.3 Bil
Technology

Eli Lilly and Co

3.65 1.3 Bil
Healthcare

Alphabet Inc Class A

2.35 828.4 Mil
Communication Services

Regeneron Pharmaceuticals Inc

2.27 799.7 Mil
Healthcare

Alphabet Inc Class C

1.98 700.5 Mil
Communication Services

Sponsor Center