Fidelity (FMR)
New 13F: Q3 2026
Fidelity (FMR) filed its 13F for the quarter ended Sep 30, 2026 on Nov 10, 2026: $1.2T in AI and semiconductor stocks; $88.6B bought and $92.2B sold against its previous quarter, at the quarter's prices.
- trimmed NVIDIA (NVDA): -$21.3B at the quarter's price
- added to AMD (AMD): +$17.0B at the quarter's price
- added to Apple (AAPL): +$14.9B at the quarter's price
- trimmed Amazon (AMZN): -$10.7B at the quarter's price
- added to Micron (MU): +$9.3B at the quarter's price
- added to Microsoft (MSFT): +$9.1B at the quarter's price
- trimmed SpaceX (SPCX): -$7.9B at the quarter's price
- trimmed Broadcom (AVGO): -$5.9B at the quarter's price
- added to Palantir (PLTR): +$4.9B at the quarter's price
- added to Palo Alto Networks (PANW): +$4.7B at the quarter's price
Fidelity (FMR) declares $1.2T in 223 of the 230 AI and semiconductor companies tracked on Silicon Floor, as of Jun 30, 2026 (Form 13F): 51.9% of its $2.3T 13F portfolio. Largest positions: NVIDIA (4.3% of the company) and Alphabet (3.0% of the company). Over time: $1.2T in 223 of these companies for Q2 2026, against $260.8B in 140 for Q4 2019 (13F values as filed). From Mar 31, 2026 to Jun 30, 2026, it bought $73.7B and sold $84.7B of these stocks, at the quarter's prices: a net sale of $11.0B; 2 new positions.
Performance of its AI picks
The AI-stock portfolio Fidelity (FMR) declared for Q2 2026 (Form 13F), held unchanged, returned +1.9% in Q3 2026 (SMH -7.1%), ranked 1158 of 1,785 active managers. Over the last 12 months, quarter after quarter: +33.4% (SMH +87.2%), ranked 420 of 1,360 active managers. Over three years, quarter after quarter: +187.6% (SMH +325.8%), ranked 128 of 784 active managers. Over five years, quarter after quarter: +207.2% (SMH +389.8%), ranked 75 of 535 active managers. Trades made during a quarter are not visible in 13F filings: this measures its declared picks, not the return of its funds.
Largest positions
- NVIDIA (NVDA): $205.3B, 1.03B shares, 4.3% of the company, 8.9% of its portfolio (added this quarter); held since Q4 2019 or earlier
- Alphabet (GOOGL): $132.7B, 372.7M shares, 3.0% of the company, 5.8% of its portfolio (added this quarter); held since Q4 2019 or earlier
- Apple (AAPL): $94.1B, 325.4M shares, 2.2% of the company, 4.1% of its portfolio (added this quarter); held since Q4 2019 or earlier
- Amazon (AMZN): $87.2B, 365.7M shares, 3.4% of the company, 3.8% of its portfolio (added this quarter); held since Q4 2019 or earlier
- Microsoft (MSFT): $69.4B, 186.0M shares, 2.5% of the company, 3.0% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- Broadcom (AVGO): $54.5B, 144.4M shares, 3.0% of the company, 2.4% of its portfolio (added this quarter); held since Q4 2019 or earlier
- Meta Platforms (META): $54.0B, 95.9M shares, 3.8% of the company, 2.3% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- SpaceX (SPCX): $51.7B, 302.6M shares, 1.1% of the company, 2.2% of its portfolio
- Micron (MU): $30.8B, 26.7M shares, 2.4% of the company, 1.3% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- TSMC (TSM): $28.1B, 58.9M shares, 1.1% of the company, 1.2% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- GE Vernova (GEV): $19.0B, 16.2M shares, 6.1% of the company, 0.82% of its portfolio (trimmed this quarter); held since Q1 2024
- Sandisk (SNDK): $17.9B, 7.9M shares, 5.5% of the company, 0.77% of its portfolio (trimmed this quarter); held since Q1 2025
- Marvell (MRVL): $17.0B, 56.9M shares, 6.5% of the company, 0.73% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- Western Digital (WDC): $16.6B, 26.0M shares, 6.9% of the company, 0.72% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
- AMD (AMD): $14.8B, 25.6M shares, 1.6% of the company, 0.64% of its portfolio (added this quarter); held since Q4 2019 or earlier
By sector
- Cloud & AI giants: $489.1B, 41% of its AI holdings, 6 companies
- Chips & compute: $373.6B, 31% of its AI holdings, 38 companies
- Memory & storage: $74.5B, 6% of its AI holdings, 7 companies
- Power, electrical & cooling: $68.5B, 6% of its AI holdings, 47 companies
- Equipment & test: $53.3B, 4% of its AI holdings, 30 companies
- Interconnect: $47.8B, 4% of its AI holdings, 11 companies
- AI software: $42.2B, 4% of its AI holdings, 31 companies
- Optics: $24.1B, 2% of its AI holdings, 13 companies
- Servers & systems: $14.6B, 1% of its AI holdings, 12 companies
- Neoclouds & data centers: $9.7B, 1% of its AI holdings, 28 companies
Biggest changes this quarter
- trimmed Marvell (MRVL): -$22.1B at the quarter's price
- trimmed Sandisk (SNDK): -$12.6B at the quarter's price
- trimmed Meta Platforms (META): -$11.7B at the quarter's price
- added to Alphabet (GOOGL): +$9.8B at the quarter's price
- added to Broadcom (AVGO): +$7.6B at the quarter's price
- added to NVIDIA (NVDA): +$6.4B at the quarter's price
- trimmed Micron (MU): -$6.2B at the quarter's price
- added to AMD (AMD): +$6.0B at the quarter's price
- added to Apple (AAPL): +$5.2B at the quarter's price
- added to Intel (INTC): +$5.2B at the quarter's price
Schedule 13D/G declarations
- Penguin Solutions (PENG): 13G filed Nov 6, 2026: 4.5M shares as of Oct 30, 2026, 7.4% as declared
- Axcelis Technologies (ACLS): 13G filed Nov 5, 2026: 3.5M shares as of Sep 30, 2026, 11.4% as declared
- Diodes (DIOD): 13G filed Nov 5, 2026: 3.7M shares as of Sep 30, 2026, 8.0% as declared
- Coherent (COHR): 13G filed Nov 5, 2026: 8.2M shares as of Sep 30, 2026, 4.2% as declared
- Galaxy Digital (GLXY): 13G filed Nov 5, 2026: 14.8M shares as of Sep 30, 2026, 7.6% as declared
- Flex (FLEX): 13G filed Nov 5, 2026: 26.0M shares as of Sep 30, 2026, 7.0% as declared
- Fabrinet (FN): 13G filed Nov 5, 2026: 1.3M shares as of Sep 30, 2026, 3.5% as declared
- GE Vernova (GEV): 13G filed Nov 5, 2026: 14.7M shares as of Sep 30, 2026, 5.5% as declared
- MACOM (MTSI): 13G filed Nov 5, 2026: 9.0M shares as of Sep 30, 2026, 11.8% as declared
- GlobalFoundries (GFS): 13G filed Nov 5, 2026: 45.0M shares as of Sep 30, 2026, 8.2% as declared
Other holders of this size
- Geode Capital: $890.9B in 220 of these companies
- State Street: $1.6T in 221 of these companies
- Capital Group: $881.7B in 132 of these companies
- BlackRock: $3.1T in 226 of these companies
- JPMorgan: $717.8B in 225 of these companies
- Vanguard: $3.6T in 225 of these companies
- Invesco: $683.3B in 220 of these companies
- Morgan Stanley: $627.0B in 227 of these companies
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