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Fidelity Advisor Large Cap Opportunities SMA

Examining Fidelity's best ideas approach versus SharpeMetrix's systematic methodology

Strategy Overview

Benchmark

S&P 500

Holdings Target

70–100 Stocks

Management Team

  • Tim Gannon, CFA - Lead Portfolio Manager
  • Michelle Hoerber, CFA

Investment Approach

The Fidelity Advisor Large Cap Opportunities SMA seeks to invest in a combination of high-conviction ideas from a selection of Fidelity portfolios across the U.S. large-cap spectrum. This "best ideas" approach aggregates insights from multiple Fidelity portfolio managers, creating a diversified yet concentrated portfolio of the firm's highest-conviction positions.

Key Strategy Characteristics

  • "Best ideas" portfolio sourced from across Fidelity's large-cap strategies
  • Larger portfolio size (70-100 holdings) provides diversification while maintaining active bets
  • Aggregates insights from multiple portfolio managers for enhanced diversification
  • Style-agnostic approach spans growth, value, and core strategies

Risk Considerations

  • • Active management risk - strategy may underperform its benchmark
  • • Manager selection risk - performance depends on which Fidelity managers' ideas are included
  • • Large-cap concentration limits exposure to mid- and small-cap opportunities
  • • Strategy aggregates diverse viewpoints which may dilute individual insights

Consider a Data-Driven Systematic Alternative

While aggregating managers' best ideas has merit, SharpeMetrix offers a systematic approach that removes subjective biases and consistently applies proven factors—no matter who's at the helm.

No Manager Risk

Our systematic approach eliminates key-person risk. Performance isn't dependent on which managers are included—it's driven by data signals that work consistently over time.

Flat-Fee Pricing

Unlike traditional SMAs with asset-based fees, SharpeMetrix offers transparent flat-fee pricing that scales with your practice.

Transparent Methodology

See exactly how portfolios are constructed. No black box aggregation—just clear, rules-based factor combinations you can explain to clients.

Try SharpeMetrix Free

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