$re = '/\(([^\)]*)\)/m';
$str = 'FID SEL TELECOMM (FSTCX)07/29/1985
FID SEL UTILITIES (FSUTX)12/10/1981
SPTN REAL ES IDX ADV (FSRVX)09/08/2011
SA EMERGING MKTS FOF (FLILX)05/02/2012
SA INTL MULTI MGR (FMJDX)05/02/2012
FID ASSET MGR 85% (FAMRX)09/24/1999';
$subst = "<div> >$1</div> ";
$result = preg_replace($re, $subst, $str);
echo "The result of the substitution is ".$result;
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php