Fidelity OTC Portfolio
FOCPX
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, 1984
- CIK
- 0000754510
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity OTC Portfolio (FOCPX) is an open-end mutual fund that primarily invests in growth-oriented common stocks of domestic and foreign companies listed on the over-the-counter market; it allocates more than 25% of total assets to the technology sector and pursues long-term capital growth through investments in large-cap growth equities, including semiconductor manufacturers such as NVIDIA Corporation and Taiwan Semiconductor Manufacturing Company Limited, consumer electronics firms like Apple Inc., software providers including Microsoft Corporation and Alphabet Inc., and other holdings such as Broadcom Inc., Mastercard Incorporated, Uber Technologies Inc., and Cisco Systems Inc. The fund targets institutional and retail investors seeking exposure to high-growth technology and innovation-driven sectors, with a diversified portfolio comprising approximately 89.5% U.S. stocks, 7% non-U.S. stocks, and minor cash positions; it is classified in the Morningstar Large Growth category and benchmarked against indices reflecting similar market capitalization and growth styles. Launched on December 31, 1984, by Fidelity Management & Research Company (FMR), headquartered at 82 Devonshire Street in Boston, Massachusetts, the fund manages total net assets of approximately $36.18 billion and features a net expense ratio of 0.73%. Portfolio management is led by Christopher Lin since September 18, 2017, with an annualized turnover rate around 53%; the fund normally invests at least 80% of assets in securities included in the Nasdaq Composite Index or comparable over-the-counter companies. Recent portfolio adjustments reflect heightened allocations to artificial intelligence and semiconductor leaders, with NVIDIA comprising over 15% of assets as of mid-2025 amid surging demand for AI chips, alongside modest increases in exposure to Space Exploration Technologies Corp.; no major acquisitions, funding rounds, or structural changes have been reported for the fund in the last 1-2 years, maintaining its core growth strategy amid volatile market conditions.