Jul. 27, 2025 6:40 AM ETFidelity Stock Selector Mid Cap Fund (FSSMX)FSSMX, HEI, VTR, EPAM, ILMN, HWM, ALHC, BWIN, FLYW, WK, PVH, FNF, TBBK, ESAB, MASI, AFG, RBA, DOCU, EQH, GWRE, XPO, CSL, EQH.PR.C, EQH.PR.A, HEI.A, HWM.PR, AFGE, AFGD, RBA:CA, AFGC, AFGBFidelity Investments781 FollowersSummaryThe Fidelity Stock Selector Mid Cap Fund outperformed its benchmark in Q1 2025, driven by strong stock selection in health care and consumer discretionary sectors.Key contributors included out-of-benchmark holdings like Howmet Aerospace, HEICO, and Ventas, which benefited from robust earnings and sector tailwinds.Portfolio positioning remains broadly sector-neutral, focusing on adding value through disciplined stock and industry selection rather than sector bets.Despite market uncertainty and policy shifts, I remain confident in our team-managed, research-driven approach to deliver attractive risk-adjusted returns.da-kukPerformance ReviewFor the first quarter of 2025, the fund's Retail Class shares returned -4.46%, outpacing the -6.10% result of the benchmark S&P MidCap 400 Index.U.S. mid-cap equities lost ground in the first quarter, reflecting a broad risk-off move. Post-electionThis article was written byFidelity Investments781 FollowersFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.CommentsRecommended For You