Fidelity Funds That Hold AI Stocks
How to find AI stocks in Fidelity's fund lineup
Fidelity offers several mutual funds and exchange-traded funds (ETFs) that hold artificial intelligence companies, but the funds vary widely in how much of their portfolio goes to AI stocks and which AI companies they choose. The most direct route is to search Fidelity's fund screener by theme or sector, then read each fund's holdings list to see the actual companies and their weightings. You can also call Fidelity directly at 1-800-343-3548 and ask a representative which funds in a specific category — growth, technology, or innovation — currently hold the largest positions in AI stocks.
The challenge is that "AI stocks" is not an official fund category, so funds with AI exposure range from technology-focused funds that happen to own AI companies to newer thematic funds built specifically around artificial intelligence. A fund's name alone does not tell you how much AI exposure it has. A technology fund might hold 5 percent in AI stocks; an innovation fund might hold 40 percent. You need to look at the actual holdings document, called a fact sheet or prospectus, which Fidelity publishes on its website for every fund.
Key Takeaways
- Fidelity's technology sector funds and innovation-themed funds hold the most AI company stocks, but the percentage varies by fund and changes as holdings are rebalanced.
- You can view a fund's complete holdings list on Fidelity's website under the fund's name, showing each company and what percentage of the fund it represents.
- Fidelity's fund screener lets you filter by sector (technology) or theme (innovation, artificial intelligence) to narrow down which funds to research.
- Newer thematic funds focused on AI or robotics typically have higher AI exposure than broad technology funds, but also carry higher risk because they are more concentrated.
Fidelity technology and innovation funds with AI holdings
Fidelity Growth Company Fund (FDGFX) and Fidelity Growth Company ETF (FDGFX) hold a significant portion of their assets in technology stocks, including major AI companies like Nvidia, Microsoft, and Broadcom. The exact percentage changes as the fund manager rebalances, so you should check the current fact sheet on Fidelity's website to see today's holdings. This fund is broad-based growth, not AI-specific, so AI stocks are one part of a larger technology and growth portfolio.
Fidelity Select Technology Fund (FSPTX) is a sector fund that focuses specifically on technology companies. Because AI development and deployment are now central to technology, this fund holds substantial positions in AI chipmakers, software companies, and AI infrastructure providers. Again, the exact holdings shift over time, so the current fact sheet is your source for what the fund owns right now.
Fidelity's newer thematic funds — such as those focused on artificial intelligence, robotics, or digital transformation — typically have higher AI exposure than broad technology funds. These funds are designed to concentrate on companies whose primary business involves AI or AI-adjacent technology. They carry higher risk because they are less diversified, but they also offer more direct exposure to AI trends.
How to check a fund's AI holdings yourself
Go to Fidelity.com and use the fund screener. Enter the fund name or ticker symbol, then click through to the fund's detail page. Look for a section labeled "Holdings," "Portfolio," or "Top Holdings." This section shows you the companies the fund owns and what percentage of the fund each company represents. If you see Nvidia, Microsoft, Tesla, Broadcom, or other AI-related companies in the top 10 holdings, the fund has meaningful AI exposure.
Download or view the complete holdings list, not just the top 10. Some funds list 50 or more holdings, and AI companies may appear throughout the list. The fact sheet or prospectus also shows the fund's sector breakdown — if technology is 40 percent or higher, the fund likely holds significant AI stocks. You can also look at the fund's investment objective statement, which describes what the fund aims to do. If it mentions artificial intelligence, innovation, or digital transformation, AI exposure is intentional.
If you are comparing two funds, put their holdings side by side. Fund A might hold Nvidia at 3 percent of the portfolio; Fund B might hold it at 8 percent. That difference matters if AI exposure is what you are looking for. Fidelity's website lets you export holdings lists, making comparison easier.
The difference between broad tech funds and AI-focused funds
A broad technology fund like Fidelity Growth Company holds AI stocks because they are large, profitable technology companies, but AI is not the fund's primary focus. The fund also holds software companies, semiconductor manufacturers, cloud providers, and other tech businesses that may have little to do with artificial intelligence. This approach spreads risk across the entire technology sector.
An AI-focused thematic fund, by contrast, selects companies based on their involvement in artificial intelligence specifically. This might include chipmakers that sell to AI companies, software firms building AI tools, companies using AI in their operations, and infrastructure providers serving the AI industry. Because the fund is narrower, it can have 30 to 50 percent or more of its assets in AI-related companies. This higher concentration means larger gains if AI stocks outperform, but also larger losses if they underperform.
Fidelity also offers ETFs in both categories. ETFs trade like stocks during market hours, while mutual funds trade once per day after the market closes. Some investors prefer ETFs for their flexibility; others prefer mutual funds for their lower trading costs. Both can hold the same underlying companies.
What to watch when comparing AI fund options
Check the fund's expense ratio, listed as a percentage. This is the annual cost to own the fund, taken from your returns. A broad technology fund might charge 0.50 percent per year; a specialized AI fund might charge 0.75 percent or higher. Over decades, that difference compounds, so lower costs matter if the funds hold similar companies.
Look at the fund's turnover rate, which shows how often the manager buys and sells holdings. High turnover can mean higher costs and less tax efficiency. A fund with 50 percent turnover replaces half its portfolio each year; one with 20 percent turnover is more stable.
Read the fund's performance history, but remember that past performance does not predict future results. A fund that outperformed last year may underperform next year. What matters more is whether the fund's strategy — the types of companies it buys and how it manages risk — matches what you are trying to do.
How AI exposure fits into a broader investment plan
Owning a fund with AI stocks is not the same as owning an AI-focused fund. If you want broad exposure to artificial intelligence as a trend, a technology sector fund or a diversified growth fund gives you that exposure without betting everything on AI. If you believe AI will outperform other sectors significantly, a thematic AI fund concentrates your bet.
Most financial advisors suggest that concentrated bets on a single theme or sector should be a small part of a larger portfolio. You might own a broad total market fund as your core holding, a technology sector fund as a secondary holding, and an AI-focused fund as a smaller, higher-risk position. This approach gives you AI exposure without putting all your money in one trend.
Fidelity's website and customer service can help you understand how any fund fits into your overall strategy. If you are building a portfolio, consider your time horizon, your risk tolerance, and how much of your money you want in growth stocks versus more stable investments.
Frequently Asked Questions
Can I search Fidelity funds by AI theme?
Yes. On Fidelity.com, use the fund screener and filter by theme or sector. Select "Technology" as the sector, or look for thematic categories like "Artificial Intelligence" or "Innovation" if Fidelity offers them. You can also call Fidelity at 1-800-343-3548 and ask a representative to list funds with AI exposure.
What is the difference between a Fidelity mutual fund and an ETF?
Mutual funds trade once per day after the market closes at a price set by the fund's net asset value. ETFs trade throughout the day like stocks. Both can hold the same companies. ETFs often have lower expense ratios, while mutual funds may have lower minimum investments. Fidelity offers both versions of many funds.
How often do fund holdings change?
Fund managers rebalance holdings regularly, sometimes monthly or quarterly. Fidelity publishes updated holdings lists on its website, usually monthly. The fund's fact sheet shows the most recent holdings. If you own a fund, you can check its current holdings anytime on Fidelity.com without logging in.
Should I own an AI fund if I already own a technology fund?
It depends on your goals and risk tolerance. If your technology fund already holds significant AI stocks, adding an AI-focused fund means you are doubling down on the same companies. If you want more concentrated AI exposure, an AI fund adds something different. Review both funds' holdings to see how much overlap exists.
What happens to an AI fund if AI stocks fall?
An AI-focused fund will fall more sharply than a broad technology fund if AI stocks decline, because more of the fund's value is tied to AI companies. This is the trade-off for higher potential gains when AI stocks rise. If you cannot tolerate that volatility, a broader technology fund or a diversified growth fund may suit you better.