Fidelity Blue Chip Growth Fund
FBGRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Dec 31, 1987
- CIK
- 0000754510
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Blue Chip Growth Fund (FBGRX) is an actively managed mutual fund offered by Fidelity Investments that seeks long-term growth of capital by investing primarily in the common stocks of well-established, well-managed companies with superior earnings growth potential, often referred to as blue chip growth stocks. The fund's portfolio emphasizes large-cap U.S. companies exhibiting strong fundamentals, including high returns on equity, robust cash flows, and competitive advantages; key holdings typically include leading technology firms such as Apple Inc., Microsoft Corp., and NVIDIA Corp., alongside healthcare and consumer discretionary leaders like Eli Lilly & Co. and Amazon.com Inc.; it employs a growth-oriented investment style with sector allocations heavily weighted toward information technology (around 50%), communications services, and consumer discretionary. Fidelity Blue Chip Growth Fund was launched in 1987 and is domiciled in the United States, with Fidelity serving as both investment manager and distributor from its headquarters in Boston, Massachusetts; the fund operates globally in terms of investor access but focuses investments on domestic and international equities traded on U.S. exchanges. Recent developments include a portfolio manager transition in 2023 with the addition of Sonu Kalra to complement lead manager Fidelity veteran Steven Wymer, enhancing the team's expertise in growth stock selection; in 2024, the fund benefited from Fidelity's broader strategic initiatives, such as expanded adoption of its Wealthscape platform for retail investors and the launch of cryptocurrency-related offerings, indirectly supporting mutual fund distribution amid rising interest in growth assets; additionally, Fidelity announced a major reorganization of its equity funds lineup in late 2024, optimizing fee structures and introducing ESG integration options for funds like FBGRX to attract institutional allocators. The fund targets long-term investors, including retail individuals, financial advisors, and retirement plans, with assets under management exceeding $50 billion as of late 2025 and a presence in major financial marketplaces worldwide through Fidelity's international subsidiaries.