Fidelity Select Semiconductors Portfolio
FSELX
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
- Fidelity Select Portfolios MA United States of America
- IPO Date
- Jul 29, 1985
- CIK
- 0000320351
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Select Semiconductors Portfolio (FSELX) is an actively managed open-end mutual fund offered by Fidelity Investments that seeks capital appreciation by investing primarily in the securities of companies engaged in the design, manufacture, or sale of semiconductors and related products and services. The portfolio allocates at least 80% of its assets to equity securities of semiconductor companies, including integrated circuit designers and manufacturers, semiconductor equipment providers, and firms involved in related technologies such as memory chips, microprocessors, and analog semiconductors; it may also invest in other securities, including debt instruments, preferred stocks, and derivatives like futures and options for hedging or efficient portfolio management. The fund targets growth-oriented investors focused on the semiconductor industry segment of the technology sector, with holdings typically diversified across U.S. and international companies, including major players like NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company Limited, Broadcom Inc., Advanced Micro Devices, Inc., and ASML Holding N.V. Established in 1985 and domiciled in Boston, Massachusetts, the fund operates globally with exposure to semiconductor markets in North America, Asia-Pacific (particularly Taiwan, South Korea, and Japan), and Europe. Fidelity Select Semiconductors Portfolio is part of Fidelity's Select Sector mutual fund family, managed by Fidelity Management & Research Company LLC, a subsidiary of FMR LLC, and does not have subsidiaries but benefits from Fidelity's broader ecosystem of investment research and distribution channels targeting retail and institutional investors worldwide. In recent developments, the fund underwent a ticker symbol change from FSELX to FDCPX in late 2024 as part of Fidelity's portfolio optimization and rebranding initiatives aimed at enhancing investor accessibility and aligning with updated product naming conventions across its sector funds. It also expanded its holdings in artificial intelligence and high-performance computing chipmakers amid surging demand, with notable increases in positions in companies driving generative AI infrastructure during 2024-2025; additionally, the fund benefited from Fidelity's strategic alliance with NVIDIA through enhanced research collaborations announced in early 2025 to support AI semiconductor investment strategies. These changes reflect ongoing adaptations to rapid industry shifts, including geopolitical supply chain adjustments and the U.S. CHIPS Act incentives boosting domestic semiconductor production.