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Fidelity Stock Selector Mid Cap Fund Q4 2025 Scorecard: Buys, Sells, And Standouts

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⚡ Quantum Brief
Fidelity’s mid-cap fund outperformed the S&P MidCap 400 in Q4 2025, with Retail Class shares rising 3.23% versus the benchmark’s 1.64% gain, buoyed by Fed rate cuts and shifting sector leadership. Coherent’s 71% surge drove gains, fueled by AI infrastructure demand, while an off-benchmark bet on Exact Sciences paid off after Abbott Laboratories announced its acquisition in November. Consumer discretionary and financials holdings weighed on performance, with underweighting Lumentum Holdings—the benchmark’s top performer—hurting results most significantly. The quarter saw modest gains across market caps amid two Fed rate cuts, reflecting broader economic adjustments and investor optimism in select tech and healthcare sectors. Fidelity’s $4.9 trillion in discretionary assets underscores its influence, though the fund’s tactical stock picks—like Coherent and Exact Sciences—proved decisive in beating the index.
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Fidelity Investments930 FollowersFollow5ShareSavePlay(7min)CommentsSummaryFor 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.The period produced modest increases across the market-capitalization spectrum amid shifting sector leadership and two interest-rate cuts by the U.S. Federal Reserve.An overweight in Coherent topped the list of individual relative contributors, with shares rising about 71% the past three months driven by AI infrastructure investment.Out-of-benchmark exposure to Exact Sciences aided the result as the stock rallied in November after Abbott Laboratories agreed to acquire the cancer-screening company.Positioning in the consumer discretionary and financials sectors modestly detracted from the fund's relative result, while avoiding benchmark component Lumentum Holdings hurt the most. Donny DBM/iStock via Getty Images The following segment was excerpted from Fidelity Stock Selector Mid Cap Fund Q4 2025 Commentary 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&PThis 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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