<PAGE> PAGE 1
000 B000000 12/31/96
000 C000000 0000024238
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 FIDELITY CONTRAFUND
001 B000000 811-1400
001 C000000 6175639003
002 A000000 82 DEVONSHIRE ST
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 FIDELITY CONTRAFUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
008 A00AA02 FIDELITY MANAGEMENT & RESEARCH (U.K.), INC.
008 B00AA02 S
008 C00AA02 801-28773
008 D01AA02 LONDON
008 D05AA02 ENGLAND
008 A00AA03 FIDELITY MANAGEMENT & RESEARCH (FAR EAST) INC
008 B00AA03 S
008 C00AA03 801-28774
008 D01AA03 TOKYO
008 D05AA03 JAPAN
012 A00AA01 FIDELITY SERVICE CO.
<PAGE> PAGE 2
012 B00AA01 84-00216
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 FIDELITY BROKERAGE SERVICES INC.
014 B00AA01 8-23292
014 A00AA02 FIDELITY DISTRIBUTORS CORP.
014 B00AA02 8-8775
014 A00AA03 FIDELITY BROKERAGE SERVICES
014 B00AA03 8-0000
015 A00AA01 BROWN BROTHERS HARRIMAN & CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02109
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 240
019 C00AA00 FIDELITYZZ
020 A000001 FIDELITY BROKERAGE SERVICES INC.
020 B000001 00-0000000
020 C000001 10652
020 A000002 PAINEWEBBER, INC.
020 B000002 13-2638166
020 C000002 3345
020 A000003 MONTGOMERY SECURITIES
020 B000003 94-1701676
020 C000003 3228
020 A000004 MORGAN STANLEY & CO., INC.
020 B000004 13-2655998
020 C000004 2156
020 A000005 WERTHEIM SCHRODER & CO.
020 B000005 13-2697272
020 C000005 2129
020 A000006 SMITH BARNEY, INC.
020 B000006 13-1912900
020 C000006 1542
020 A000007 BROWN (ALEX) & SONS
020 B000007 52-1319768
020 C000007 1445
020 A000008 SALOMON BROTHERS, INC.
020 B000008 13-5365580
020 C000008 1346
020 A000009 MERRIL LYNCH, INC.
020 B000009 13-5674085
020 C000009 1333
<PAGE> PAGE 3
020 A000010 GOLDMAN SACHS & CO.
020 B000010 13-5108880
020 C000010 1173
021 000000 47281
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 1153292
022 D000001 878539
022 A000002 CENTRAL FUND - TAXABLE
022 B000002 04-3331103
022 C000002 1630159
022 D000002 134912
022 A000003 BEAR STEARNS & CO.
022 B000003 13-3299429
022 C000003 797776
022 D000003 582803
022 A000004 SMITH BARNEY, INC
022 B000004 13-1912900
022 C000004 589291
022 D000004 623031
022 A000005 LEHMAN BROTHERS, INC.
022 B000005 13-2518466
022 C000005 790108
022 D000005 363737
022 A000006 DAIWA SECURITIES CO. LTD.
022 B000006 00-0000000
022 C000006 1090109
022 D000006 0
022 A000007 MERRILL LYNCH, INC.
022 B000007 13-5674085
022 C000007 476219
022 D000007 417771
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008 306045
022 D000008 384760
022 A000009 SANWA SECURITIES CO.
022 B000009 00-0000000
022 C000009 647872
022 D000009 0
022 A000010 BROWN (ALEX) & SONS
022 B000010 52-1319768
022 C000010 380367
022 D000010 218323
023 C000000 410406190
023 D000000 8124031
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
<PAGE> PAGE 4
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A01AA00 739068
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028 B01AA00 747909
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028 B03AA00 0
028 B04AA00 361329
028 C01AA00 812935
028 C02AA00 0
028 C03AA00 0
028 C04AA00 353593
028 D01AA00 789025
028 D02AA00 0
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028 D04AA00 453068
028 E01AA00 734954
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028 E04AA00 427501
028 F01AA00 681718
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028 F04AA00 601834
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029 00AA00 Y
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031 B00AA00 0
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033 00AA00 0
049 00AA00 N
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051 00AA00 Y
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053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
055 A00AA00 N
055 B00AA00 N
<PAGE> PAGE 5
056 00AA00 Y
057 00AA00 N
062 A00AA00 N
062 B00AA00 0.0
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070 A01AA00 Y
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070 B01AA00 Y
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070 J02AA00 Y
070 K01AA00 Y
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070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 Y
070 M02AA00 Y
070 N01AA00 Y
070 N02AA00 Y
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 Y
<PAGE> PAGE 6
070 P02AA00 Y
070 Q01AA00 N
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070 R02AA00 N
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073 A01AA00 0.3800
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074 E00AA00 34977
<PAGE> PAGE 7
074 F00AA00 21096253
074 G00AA00 0
074 H00AA00 0
074 I00AA00 1495547
074 J00AA00 183428
074 K00AA00 0
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074 M00AA00 73735
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074 R04AA00 445664
074 S00AA00 0
074 T00AA00 23828824
074 U01AA00 565372
074 U02AA00 0
074 V01AA00 42.15
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 1889065
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 19417420
076 00AA00 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 AMERICAN INTERNATIONAL SPECIALTY LINES INS.CO
080 B00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00 220000
<PAGE> PAGE 8
081 A00AA00 Y
081 B00AA00 239
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 Y
025 A000101 SALOMON INC.
025 B000101 13-5365580
025 C000101 E
025 D000101 11197
025 A000102 CENTRAL CASH FUND - TAXABLE
025 B000102 13-3331103
025 C000102 E
025 D000102 1496
025 A000103 DELETE
025 D000103 0
025 A000104 DELETE
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
SIGNATURE JOHN H. COSTELLO
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000024238
<NAME> Fidelity Contrafund
<SERIES>
<NUMBER> 1
<NAME> Fidelity Contrafund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
year
<FISCAL-YEAR-END>
dec-31-1996
<PERIOD-END>
dec-31-1996
<INVESTMENTS-AT-COST>
19,847,944
<INVESTMENTS-AT-VALUE>
23,930,641
<RECEIVABLES>
333,911
<ASSETS-OTHER>
74,004
<OTHER-ITEMS-ASSETS>
0
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24,338,556
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53,743
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
455,989
<TOTAL-LIABILITIES>
509,732
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
19,245,068
<SHARES-COMMON-STOCK>
565,372
<SHARES-COMMON-PRIOR>
390,758
<ACCUMULATED-NII-CURRENT>
40,761
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0
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460,301
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0
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4,082,694
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23,828,824
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240,776
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160,627
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0
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153,723
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247,680
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1,301,229
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2,377,237
<NET-CHANGE-FROM-OPS>
3,926,146
<EQUALIZATION>
0
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205,408
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1,597,799
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0
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242,915
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113,133
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44,832
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8,970,962
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0
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842,911
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2,312
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0
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111,424
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0
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161,261
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19,417,420
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38.020
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.460
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.380
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0
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42.150
<EXPENSE-RATIO>
83
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0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
