The Fund Grade · free · no account needed

What grade does FDCPX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-30

Fidelity Select Computer Pt

#3 of 363 graded active funds · blend · large segment peer group

The point · specialist footprint

FDCPX puts more of its book behind proven specialists than 99% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

10,000+ funds tracked · the graded specialists among them drive every read

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

FDCPX vs the Honor Roll · share card ↗

Conviction exposure

80.8%

of the book in specialist-converged names

Late-stage weight

4.6%

of the book in Crowded or Fading names

Active share

89.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-30

Early Conviction
DELL 5%KEYS 2.2%
Consensus
WDC 11.7%CSCO 11.2%AAPL 6.7%+5 locked
Emerging
CIEN 3%
Crowded
GOOGL 1.4%AMZN 1.2%MIR 0.2%

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

FDCPX earns an A grade and ranks 3rd out of 363 graded funds, with 80.8% of its weight held by proven specialists. The most striking detail is a 5% position in DELL at Early Conviction stage, alongside early-stage bets on CIEN and KEYS, while GOOGL and AMZN sit in Crowded territory.

→ Watch the GOOGL and AMZN positions closely, as specialists are already leaving those Crowded trades.

→ Track DELL, CIEN, and KEYS as the evidence suggests specialists are building early conviction there.

Support leaving these positions

GOOGL 1.4% of the fund · Crowded

AMZN 1.2% of the fund · Crowded

MIR 0.2% of the fund · Crowded

Where it's genuinely early

DELL 5% of the fund · Early Conviction

CIEN 3% of the fund · Emerging

KEYS 2.2% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

Find out whether you're early or late. It costs nothing.

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