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Fidelity Stock Selector Mid Cap Fund Q4 2025 Commentary

Seeking Alpha
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⚡ Quantum Brief
The fund’s Retail Class shares outperformed the S&P MidCap 400 Index in Q4 2025, gaining 3.23% versus the benchmark’s 1.64%, extending a broader U.S. stock rally. Coherent’s stock surge, driven by AI infrastructure demand, was the top contributor due to the fund’s overweight position in the company. Managers prioritize high-quality mid-cap firms with growth potential from market dominance, unique drivers, or cyclical rebounds, maintaining a selective approach. Sector allocations remained closely aligned with the benchmark by year-end, reflecting a neutral strategy to avoid significant deviations from market trends. Fidelity’s $12.6 trillion in administered assets underscores its scale, though the fund’s focus stays on mid-cap equities with disciplined stock selection.
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Fidelity Investments930 FollowersFollow5ShareSavePlay(10min)CommentsSummaryFidelity® Stock Selector Mid Cap Fund is a diversified domestic equity strategy focused on the mid-cap segment of the market.For the final three months of 2025, the fund's Retail Class shares gained 3.23%, topping the 1.64% advance of the benchmark S&P MidCap 400® Index.An overweight in Coherent topped the list of individual relative contributors, driven by a surge in AI infrastructure investment and soaring demand for the firm's products.The co-managers continue to favor high-quality businesses capable of delivering growth through strong market positions, idiosyncratic drivers or cyclical recovery.As of year-end, none of the portfolio's sector weightings diverged materially from those of the benchmark, in line with our broadly sector-neutral approach. Nikada/E+ via Getty Images Performance Review For the final three months of 2025, the fund's Retail Class shares gained 3.23%, topping the 1.64% advance of the benchmark S&P MidCap 400® Index. In the fourth quarter, U.S. stocks extended the rally thatThis article was written byFidelity Investments930 FollowersFollowFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.

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