13F

Position

Fidelity in USA Rare Earth, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $5.92M$15.13$21.58

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20254.79K$57K0.0%
Q1 2026919K$13.9M$15.13$15.5K$13.8M0.0%
Q2 2026941.6K$20.3M$21.58$5.92M$487.9K0.0%