Morningstar® Investment Profile™   Morningstar®
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Fidelity VIP Growth Opportunities Init
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 1109
Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
3,079.51
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to provide capital growth.
The fund normally invests primarily in common stocks. It invests in companies that the adviser believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund invests in domestic and foreign issuers.
  Morningstar Category: Large Growth
Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 89.9
Bullet Non-U.S. Stocks Non-U.S. Stocks 7.6
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.3
Bullet Other Other 2.1
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 16.39
Basic Materials 0.00
Consumer Cyclical 12.77
Financial Services 3.33
Real Estate 0.29
Sensitive 72.25
Communication Services 18.22
Energy 0.07
Industrials 3.86
Technology 50.10
Defensive 11.37
Consumer Defensive 0.43
Healthcare 10.54
Utilities 0.40
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 140
Total Number of Bond Holdings 3
% of Net Assets in Top 10 Holdings 48.83
Turnover % (as of 2023-12-31) 54.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
NVIDIA Corp 72.42 11.49
Microsoft Corp 33.74 9.76
Meta Platforms Inc Class A 24.75 6.11
Amazon.com Inc 49.02 5.17
Alphabet Inc Class C 25.25 4.18
Uber Technologies Inc 76.17 3.29
Roku Inc Class A --- 2.55
Sea Ltd ADR --- 2.35
Apple Inc 26.49 1.98
Eli Lilly and Co 117.11 1.95
Data through 2024-03-31
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Market/Market Volatility, Equity Securities
Show Risk Definitions
  Other Information
Inception Date: 1995-01-03
Portfolio Manager(s)
Kyle Weaver   (2015-07-14)
Kyle Weaver is portfolio manager of the fund, which he has managed since July 2015. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Weaver has worked as a research analyst and portfolio manager. Mr. Weaver earned his Bachelor of Arts degree in public policy from Stanford University.
Becky Baker   (2023-11-14)
Becky Baker is a research analyst and portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Ms. Baker manages Fidelity Select Enterprise Tech Services Portfolio. She co-manages the Fidelity Advisor Growth Opportunities Fund and the technology sleeve of the Fidelity Series All-Sector Equity Fund. Additionally, she covers IT services, software, and other information technology stocks as an analyst. Prior to assuming her current role, Ms. Baker managed Fidelity Select Leisure Portfolio and covered consumer stocks, including restaurants, hotels, gaming, cruise lines. Prior to joining Fidelity as an equity research intern, Ms. Baker served an equity analyst intern at SEI Investments. She has been in the financial industry since 2012. Ms. Baker earned her bachelor of arts degree in economics from Swarthmore College.
Investment Advisor(s)
Fidelity Management & Research Company LLC
Issuer
Fidelity Investments
Subadvisor(s)
FMR Investment Management (U.K.) Limited
Fidelity Management & Research (Japan) Limited
Fidelity Management & Research (Hong Kong) Ltd
Show Data Definitions

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