FMR
large-active, fidelity, lo
Quarter Analysis
13F change notes for FMR in 2026-03-31.
FMR's $1.9T platform 13F shows the cleanest possible Fidelity composite: NVDA at 9.13% top weight on +2542% unrealized (52 quarters), then a tight cluster of AAPL/AMZN/MSFT/GOOGL/META at 3-4% each. Top-3 weight came down 18.5% → 17.2%. Microsoft trimmed -5% in shares — biggest single-name move visible above the platform noise. AMZN modestly added +8%.
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★ HELD
NVIDIA CORPORATION NVDA
Top weight 9.13%, +2542% unrealized — Fidelity's NVDA stake has compounded through 52 straight quarters of holding. The +2542% is one of the largest unrealized-gain figures on any watchlist position.
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★ HELD
APPLE INC AAPL
52 quarters held flat at +273% unrealized — Apple is the cleanest persistence position across all platforms.
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★ HELD
AMAZON COM INC AMZN
Shares +8% — small but the only meaningful add at the FMR scale; weight 3.94%.
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★ HELD
MICROSOFT CORP MSFT
Cut -5% shares; weight 4.96% → 3.71%. Largest single-name de-weighting at the platform.
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★ HELD
META PLATFORMS INC META
Cut -5% shares at +461% unrealized — platform-level taking some profit.
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• CONTEXT
FMR aggregates Fidelity's entire mutual-fund + SMA + quant book — single-quarter moves are highly muted. The directional read is small mega-cap-tech trims across the board.