VIP Growth Opportunities Portfolio
Data updated: 2026-08-24
C000021038 — VIP Growth Opportunities Portfolio. United States Large Cap Growth Information Technology Equity. Holdings, fees, performance and SEC filings.
C000021038 Fund Overview
VIP Growth Opportunities Portfolio is a US mutual fund managed by Variable Insurance Products Fund III, categorised as United States Large Cap Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Variable Insurance Products Fund III
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $5.28B
- 1-year return: 30.7%
- SEC CIK: 0000927384
- SEC series ID: S000007733
- Share class ID: C000021038
C000021038 Investment Objective and Strategy
VIP Growth Opportunities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Variable Insurance Products Fund III.
Investment objective
VIP Growth Opportunities Portfolio seeks to provide capital growth.
Principal investment strategy
Normally investing at least 80% of assets in securities of growth companies. Growth companies are companies the Adviser believes have above average growth potential. The Adviser considers a number of factors in determining a company's growth potential, such as whether the company is included in a third-party growth benchmark or classified as a growth company by a third-party vendor, if the company's projected earnings per share growth, sales growth per share or free cash flow growth or its trailing earnings per share growth is above the equity market median, if the company's research and development expenses exceed sales, general and administrative expenses, or if the company is raising capital to grow, fund or expand its business. A company's growth potential can be determined under any of these factors.
Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
C000021038 Holdings
Top 10 holdings of VIP Growth Opportunities Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 13.91% |
| Alphabet, Inc. | 5.79% |
| Alphabet, Inc. | 5.23% |
| Microsoft Corp. | 4.23% |
| Meta Platforms, Inc. | 4.21% |
| Taiwan Semiconductor Mfg Co. Ltd. | 4.17% |
| Amazon.com, Inc. | 3.54% |
| Micron Technology, Inc. | 3.23% |
| Applovin Corp. | 3.20% |
| ELI LILLY and CO | 3.01% |
C000021038 Portfolio Allocation
Asset-class allocation of VIP Growth Opportunities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 0.5% |
| Fixed Income | 0.1% |
C000021038 Performance
Total returns for C000021038 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 16.9% |
| 1 year | 30.7% |
| 3 years (annualised) | 30.3% |
| 5 years (annualised) | 12.0% |
C000021038 Risk Information
Risk metrics for C000021038, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.6%
C000021038 Costs and Fees
C000021038 costs about $56 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.56%
- Gross expense ratio: 0.56%
- Portfolio turnover: 71%
- Brokerage commissions: 1.27 bps of average net assets (SEC N-CEN)
C000021038 Cashflows
Over the 12 months to 2026-06, VIP Growth Opportunities Portfolio had net inflows of $171.73M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$83.41M |
| 2026-05 | −$59.83M |
| 2026-04 | $337.29K |
| 2026-03 | $12.01M |
| 2026-02 | $375.94M |
| 2026-01 | −$19.21M |
C000021038 Debt Constituents
Largest debt holdings of VIP Growth Opportunities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Neutron Holdings, Inc. | 0.06% |
C000021038 Prospectus and SEC Filings
Official VIP Growth Opportunities Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-20
- Prospectus (485BPOS) — filed 2025-04-18
- Prospectus (485BPOS) — filed 2024-04-19
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Growth Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.