FMR LLC
Long book
$1.89T
Q1 2026
Positions
5229
Top-10 weight
34%
concentration
Last quarter
+17.0%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsFMR LLC is an active long-only manager, running a $1.89T US long book across 5229 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, AMAZON.COM INC, MICROSOFT CORP, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.8%
Q2 2024
+4.6%
Q3 2024
+2.7%
Q4 2024
-6.2%
Q1 2025
+14.5%
Q2 2025
+8.6%
Q3 2025
+2.4%
Q4 2025
-3.5%
Q1 2026
+17.0%
Sector allocation
Technology 43%
Industrials 11%
Financials 10%
Consumer discretionary 9%
Healthcare 8%
Services media 5%
Energy 4%
Other 3%
Long book by quarter
What does FMR LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 993.9M | $173.33B | 9.1% | +2.3% |
| AAPL APPLE INC | Technology | 307.4M | $78.03B | 4.1% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 358.7M | $74.71B | 3.9% | +8.2% |
| MSFT MICROSOFT CORP | Technology | 190.2M | $70.41B | 3.7% | -5.3% |
| GOOGL ALPHABET INC-CL A | Technology | 236.5M | $68.02B | 3.6% | +2.1% |
| META META PLATFORMS INC-CLASS A | Technology | 116.6M | $66.72B | 3.5% | -4.7% |
| AVGO BROADCOM INC | Technology | 124.1M | $38.41B | 2.0% | +0.8% |
| GOOG ALPHABET INC-CL C | Technology | 108.6M | $31.14B | 1.6% | -0.3% |
| LLY ELI LILLY & CO | Healthcare | 26.3M | $24.23B | 1.3% | +2.4% |
| XOM EXXON MOBIL CORP | Energy | 140.0M | $23.75B | 1.3% | +6.3% |
| NFLX NETFLIX INC | Services media | 204.7M | $19.68B | 1.0% | +4.5% |
| GEV GE VERNOVA INC | Industrials | 18.3M | $16.01B | 0.8% | -14.7% |
| GE GENERAL ELECTRIC | Industrials | 51.6M | $14.65B | 0.8% | -5.4% |
| V VISA INC-CLASS A SHARES | Services media | 44.9M | $13.57B | 0.7% | -3.9% |
| TSLA TESLA INC | Industrials | 36.0M | $13.39B | 0.7% | -8.8% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 131.3M | $13.00B | 0.7% | +3.5% |
| WFC WELLS FARGO & CO | Financials | 161.7M | $12.87B | 0.7% | -12.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 17.0K | $12.21B | 0.6% | -30.8% |
| MA MASTERCARD INC - A | Services media | 24.3M | $12.12B | 0.6% | -3.6% |
| BA BOEING CO/THE | Industrials | 56.9M | $11.32B | 0.6% | +7.3% |
| MU MICRON TECHNOLOGY INC | Technology | 32.1M | $10.83B | 0.6% | -19.0% |
| APH AMPHENOL CORP-CL A | Technology | 79.5M | $10.04B | 0.5% | -8.0% |
| GILD GILEAD SCIENCES INC | Healthcare | 71.9M | $10.02B | 0.5% | +9.6% |
| BAC BANK OF AMERICA CORP | Financials | 198.5M | $9.68B | 0.5% | -7.6% |
| JPM JPMORGAN CHASE & CO | Financials | 31.4M | $9.25B | 0.5% | -12.0% |
| WDC WESTERN DIGITAL CORP | Technology | 31.6M | $8.55B | 0.5% | -6.4% |
| SNDK SANDISK CORP | Technology | 13.4M | $8.51B | 0.4% | -37.6% |
| CIEN CIENA CORP | Technology | 21.2M | $8.23B | 0.4% | +0.4% |
| KO COCA-COLA CO/THE | Consumer staples | 107.6M | $8.18B | 0.4% | -2.2% |
| LOW LOWE'S COS INC | Consumer discretionary | 31.9M | $7.53B | 0.4% | +15.7% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 44.8M | $7.40B | 0.4% | +8.1% |
| IMO IMPERIAL OIL LTD | Energy | 55.7M | $7.29B | 0.4% | -0.9% |
| LRCX LAM RESEARCH CORP | Industrials | 33.6M | $7.17B | 0.4% | +25.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.0M | $7.17B | 0.4% | +58.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.7M | $6.69B | 0.4% | +0.4% |
| KLAC KLA CORP | Other | 4.4M | $6.48B | 0.3% | +73.0% |
| ANET ARISTA NETWORKS INC | Technology | 52.3M | $6.42B | 0.3% | +34.0% |
| APP APPLOVIN CORP-CLASS A | Technology | 15.7M | $6.25B | 0.3% | +19.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 24.8M | $6.06B | 0.3% | +31.9% |
| AZN ASTRAZENECA PLC | Healthcare | 29.6M | $5.80B | 0.3% | New |
| SHOP SHOPIFY INC - CLASS A | Technology | 45.8M | $5.44B | 0.3% | -4.5% |
| COHR COHERENT CORP | Other | 22.7M | $5.40B | 0.3% | -4.0% |
| MRK MERCK & CO. INC. | Healthcare | 44.5M | $5.35B | 0.3% | +9.0% |
| FNV FRANCO-NEVADA CORP | Materials | 21.6M | $5.35B | 0.3% | +6.2% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 10.8M | $5.30B | 0.3% | +10.0% |
| CSCO CISCO SYSTEMS INC | Technology | 67.4M | $5.23B | 0.3% | +3.0% |
| LITE LUMENTUM HOLDINGS INC | Technology | 7.2M | $5.05B | 0.3% | -23.0% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 25.1M | $4.95B | 0.3% | +8.5% |
| WAB WABTEC CORP | Industrials | 19.7M | $4.93B | 0.3% | +4.3% |
| ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 14.6M | $4.82B | 0.3% | -8.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 13282 | $1.90T | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 13225 | $1.96T | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 13217 | $1.92T | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 13187 | $1.77T | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 12998 | $1.57T | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 14665 | $1.68T | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 14553 | $1.64T | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 14008 | $1.56T | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 13971 | $1.49T | canonical | SEC ↗ |
Similar funds
Capital World InvestorsCapital Research Global InvestorsWELLINGTON MANAGEMENT GROUP LLPCapital International InvestorsFRANKLIN RESOURCES INCALLIANCEBERNSTEIN L.P.Fisher Asset Management, LLCDodge & CoxT. Rowe Price Investment Management, Inc.PRIMECAP MANAGEMENT CO/CA/BAILLIE GIFFORD & COPOLEN CAPITAL MANAGEMENT LLC