Fidelity Trend Fund N-PORT marks Plaid Class A at $278.21 per share at June 30
- Place in VP50
- #38
- Sources
- 2
- Claims verified
- 5 of 5
What happened
Fidelity Trend Fund filed a Form N-PORT on August 24, 2026 for the period ending June 30, 2026. The filing lists a holding of 16,919 Plaid Class A shares valued at $4,707,034.99. Hottub Ventures, which aggregates fund marks from such filings, lists a Fidelity fair-value mark for Plaid Class A of $278.21 per share as of June 30, 2026, down 1.5% from the prior Fidelity mark of $282.42.
Hottub Ventures lists the earlier Fidelity marks as $282.42 at both March 31 and April 30, 2026, and a later Fidelity mark of $295.60 as of July 31, 2026. The same page lists a Franklin Templeton mark for Plaid Class A of $258.92 as of June 30, 2026. Its Fidelity rows give the fund family only, not the individual fund. Neither source states a total valuation for Plaid or gives a reason for the change in the mark. The N-PORT value is the fund's own fair-value estimate for a private holding, not a transaction price.
Key points
- Fidelity Trend Fund filed its N-PORT on August 24, 2026 for the period ending June 30, 2026.1
- The filing lists 16,919 Plaid Class A shares valued at $4,707,034.99.1
- Hottub Ventures lists the Fidelity mark at $278.21 per share, down 1.5% from the prior $282.42.2
- The same page lists a Franklin Templeton mark of $258.92 for June 30, 2026 and a Fidelity mark of $295.60 for July 31, 2026.2
Why it matters
A mutual fund's fair value gives a per-share reference for Plaid Class A that is otherwise hard to see for a private company. It reflects one holder's estimate, not a trade.
The June 30 mark of $278.21 sits near the $282.42 Fidelity held at March 31 and April 30, 2026. Fidelity changed its valuation only slightly between the two quarter-end filings.
On June 30, 2026 a Franklin Templeton mark was $258.92 against Fidelity's $278.21. Two fund families put different values on the same share class, so holders see more than one reference point.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Dec 11, 2018 | $2.6B | $250M | Mary Meeker (Kleiner Perkins growth fund) |
| Series D | Apr 7, 2021 | $13B | $425M | Altimeter Capital and Silver Lake |
| Funding round | Apr 3, 2025 | $6.1B | $575M | Franklin Templeton |
Updated
Fact-check
- Fidelity Trend Fund filed a Form N-PORT on August 24, 2026 for the period ending June 30, 2026.Confirmed by [1] SEC EDGAR: the filing index shows form NPORT-P, filer and series Fidelity Trend Fund, period of report June 30, 2026, filing date August 24, 2026.Verified
- The filing lists 16,919 Plaid Class A shares valued at $4,707,034.99.Confirmed by [1]: the filing's primary_doc.xml lists PLAID INC/CA CLASS A PP, balance 16919 shares, valUSD 4707034.99, fair value level 3.Verified
- Plaid Class A is marked at $278.21 per share as of June 30, 2026.Stated by [2] Hottub Ventures (Fidelity, Class A, $278.21, position $4.7M); consistent with the value and share count in [1].Verified
- The prior Fidelity mark was $282.42, at both March 31 and April 30, 2026, and the change is down 1.5%.Confirmed by [2] Hottub Ventures: its June 30 Fidelity row shows -1.5%, and its March 31 and April 30, 2026 rows show $282.42.Verified
- Franklin Templeton marked Plaid Class A at $258.92 as of June 30, 2026, and Fidelity at $295.60 as of July 31, 2026.Confirmed by [2] Hottub Ventures: both rows appear in its list of Plaid Class A marks.Verified
Sources
- [1]SEC EDGAR (opens in a new tab)Form NPORT-P, period 2026-06-30, accession 0000035402-26-005513PLAID INC/CA CLASS A PP, balance 16919, valUSD 4707034.99
- [2]Hottub Ventures (opens in a new tab)Plaid share price marks - Hottub Ventures2026-06-30 Fidelity · Class A $278.21 -1.5%
