Quarterly Holdings Report
for
Strategic Advisers® Fidelity® U.S. Total Stock Fund
Offered exclusively to certain clients of Strategic Advisers LLC - not available for sale to the general publicAugust 31, 2020
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 43.8% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 3.9% | |||
Diversified Telecommunication Services - 0.2% | |||
GCI Liberty, Inc. (a) | 208,000 | $16,802,240 | |
Liberty Global PLC Class C (a) | 352,300 | 8,106,423 | |
Verizon Communications, Inc. | 961,287 | 56,975,480 | |
Vonage Holdings Corp. (a) | 460,397 | 5,271,546 | |
87,155,689 | |||
Entertainment - 0.8% | |||
Activision Blizzard, Inc. | 579,800 | 48,424,896 | |
DouYu International Holdings Ltd. ADR (a) | 822,450 | 13,767,813 | |
Electronic Arts, Inc. (a) | 215,700 | 30,083,679 | |
Lions Gate Entertainment Corp. Class B (a) | 1,023,200 | 9,270,192 | |
Netflix, Inc. (a) | 102,800 | 54,438,768 | |
Nihon Falcom Corp. | 5,000 | 68,593 | |
Nintendo Co. Ltd. ADR (b) | 25,100 | 1,690,987 | |
Spotify Technology SA (a) | 22,900 | 6,461,464 | |
Take-Two Interactive Software, Inc. (a) | 37,898 | 6,487,759 | |
The Walt Disney Co. | 749,142 | 98,789,356 | |
Vivendi SA | 1,078,000 | 30,690,332 | |
Warner Music Group Corp. Class A (b) | 204,700 | 6,071,402 | |
306,245,241 | |||
Interactive Media & Services - 1.5% | |||
Alphabet, Inc.: | |||
Class A (a) | 151,800 | 247,362,654 | |
Class C (a) | 50,100 | 81,872,418 | |
CarGurus, Inc. Class A (a) | 513,700 | 12,524,006 | |
Dip Corp. | 1,000 | 22,169 | |
Eventbrite, Inc. (a) | 10,900 | 117,175 | |
Facebook, Inc. Class A (a) | 792,000 | 232,214,400 | |
InterActiveCorp (a) | 48,300 | 6,423,417 | |
Match Group, Inc. (a) | 96,847 | 10,815,873 | |
Wise Talent Information Technology Co. Ltd. (a) | 1,100,103 | 2,759,788 | |
ZIGExN Co. Ltd. | 300,000 | 940,377 | |
Zoominfo Technologies, Inc. | 168,800 | 6,552,816 | |
601,605,093 | |||
Media - 1.2% | |||
AMC Networks, Inc. Class A (a) | 20,000 | 485,800 | |
Comcast Corp. Class A | 6,148,810 | 275,528,176 | |
Corus Entertainment, Inc. Class B (non-vtg.) | 95,400 | 233,316 | |
Discovery Communications, Inc. Class A (a)(b) | 1,240,100 | 27,362,807 | |
F@N Communications, Inc. | 26,900 | 115,560 | |
Fox Corp. Class A | 382,633 | 10,660,155 | |
Hyundai HCN | 486,513 | 1,509,720 | |
Interpublic Group of Companies, Inc. | 2,691,200 | 47,795,712 | |
Liberty Broadband Corp. Class C (a) | 194,500 | 27,247,505 | |
Liberty Media Corp. Liberty Formula One Group Series C (a) | 501,200 | 19,536,776 | |
Nexstar Broadcasting Group, Inc. Class A | 86,200 | 8,276,062 | |
Nippon Television Network Corp. | 70,700 | 835,731 | |
Pico Far East Holdings Ltd. | 1,000,000 | 127,666 | |
The New York Times Co. Class A | 373,000 | 16,162,090 | |
ViacomCBS, Inc.: | |||
Class A | 279,656 | 8,540,694 | |
Class B | 324,800 | 9,045,680 | |
WOWOW INC. | 87,000 | 2,224,387 | |
WPP PLC | 2,050,300 | 17,365,572 | |
473,053,409 | |||
Wireless Telecommunication Services - 0.2% | |||
Okinawa Cellular Telephone Co. | 33,400 | 1,316,575 | |
T-Mobile U.S., Inc. | 833,575 | 97,261,531 | |
98,578,106 | |||
TOTAL COMMUNICATION SERVICES | 1,566,637,538 | ||
CONSUMER DISCRETIONARY - 4.5% | |||
Auto Components - 0.5% | |||
Adient PLC (a) | 174,900 | 3,032,766 | |
Aptiv PLC | 275,500 | 23,726,060 | |
BorgWarner, Inc. | 1,565,700 | 63,551,763 | |
Cooper-Standard Holding, Inc. (a) | 10,000 | 181,200 | |
DaikyoNishikawa Corp. | 50,000 | 271,444 | |
Dana, Inc. | 370,500 | 5,168,475 | |
DTR Automotive Corp. | 11,829 | 221,139 | |
Eagle Industry Co. Ltd. | 71,400 | 502,223 | |
G-Tekt Corp. | 537,300 | 5,245,416 | |
Gentex Corp. | 64,000 | 1,731,200 | |
Hi-Lex Corp. | 100,300 | 1,028,427 | |
Hyundai Mobis | 97,500 | 18,391,502 | |
IJT Technology Holdings Co. Ltd. | 325,900 | 1,326,185 | |
Lear Corp. | 461,800 | 52,612,874 | |
Linamar Corp. | 250,000 | 7,839,154 | |
Strattec Security Corp. | 16,610 | 347,481 | |
TPR Co. Ltd. | 204,200 | 2,731,921 | |
187,909,230 | |||
Automobiles - 0.1% | |||
General Motors Co. | 886,600 | 26,269,958 | |
Renault SA | 34,000 | 967,282 | |
Tesla, Inc. (a) | 6,500 | 3,239,080 | |
XPeng, Inc. ADR (a) | 227,100 | 4,655,550 | |
35,131,870 | |||
Distributors - 0.0% | |||
Arata Corp. | 5,000 | 239,343 | |
Harima-Kyowa Co. Ltd. (b) | 24,100 | 386,820 | |
LKQ Corp. (a) | 110,500 | 3,507,270 | |
Yagi & Co. Ltd. | 60,045 | 793,684 | |
4,927,117 | |||
Diversified Consumer Services - 0.2% | |||
Afya Ltd. (a) | 234,784 | 6,003,427 | |
Heian Ceremony Service Co. Ltd. | 151,600 | 1,170,833 | |
MegaStudy Co. Ltd. | 79,794 | 789,537 | |
Multicampus Co. Ltd. | 33,128 | 814,597 | |
Service Corp. International | 701,942 | 32,043,652 | |
ServiceMaster Global Holdings, Inc. (a) | 641,500 | 25,595,850 | |
66,417,896 | |||
Hotels, Restaurants & Leisure - 0.4% | |||
Caesars Entertainment, Inc. (a) | 227,861 | 10,436,034 | |
Darden Restaurants, Inc. | 195,900 | 16,978,653 | |
Las Vegas Sands Corp. | 455,500 | 23,098,405 | |
McDonald's Corp. | 352,300 | 75,223,096 | |
Starbucks Corp. | 87,700 | 7,408,019 | |
The Restaurant Group PLC | 1,119,900 | 845,071 | |
Wendy's Co. | 856,250 | 17,929,875 | |
151,919,153 | |||
Household Durables - 0.5% | |||
Cuckoo Holdings Co. Ltd. | 22,347 | 1,718,124 | |
FJ Next Co. Ltd. | 365,500 | 2,802,115 | |
Gree Electric Appliances, Inc. of Zhuhai (A Shares) | 470,713 | 3,745,936 | |
Iida Group Holdings Co. Ltd. | 68,900 | 1,346,580 | |
Lennar Corp. Class A | 283,900 | 21,241,398 | |
Mohawk Industries, Inc. (a) | 576,100 | 53,191,313 | |
Newell Brands, Inc. | 506,100 | 8,087,478 | |
Sony Corp. sponsored ADR | 33,800 | 2,658,032 | |
Toll Brothers, Inc. | 701,985 | 29,637,807 | |
Whirlpool Corp. | 317,300 | 56,390,556 | |
180,819,339 | |||
Internet & Direct Marketing Retail - 1.0% | |||
Alibaba Group Holding Ltd. sponsored ADR (a) | 59,900 | 17,193,097 | |
Amazon.com, Inc. (a) | 89,400 | 308,515,824 | |
Expedia, Inc. | 166,000 | 16,292,900 | |
Hyundai Home Shopping Network Corp. | 4,861 | 267,303 | |
Mercari, Inc. (a) | 10,000 | 454,138 | |
NS Shopping Co. Ltd. | 21,105 | 207,939 | |
Ocado Group PLC (a) | 63,700 | 2,126,220 | |
The Booking Holdings, Inc. (a) | 34,070 | 65,089,032 | |
410,146,453 | |||
Leisure Products - 0.1% | |||
Brunswick Corp. | 351,192 | 21,735,273 | |
Hasbro, Inc. | 374,700 | 29,578,818 | |
51,314,091 | |||
Multiline Retail - 0.1% | |||
Big Lots, Inc. | 2,000 | 94,300 | |
Dollar General Corp. | 154,400 | 31,170,272 | |
Dollar Tree, Inc. (a) | 281,500 | 27,100,005 | |
Macy's, Inc. (b) | 50,000 | 348,500 | |
Ryohin Keikaku Co. Ltd. | 1,000 | 15,673 | |
58,728,750 | |||
Specialty Retail - 1.2% | |||
Arc Land Sakamoto Co. Ltd. | 30,000 | 597,649 | |
AT-Group Co. Ltd. | 152,100 | 1,828,101 | |
Bed Bath & Beyond, Inc. (b) | 361,700 | 4,405,506 | |
Best Buy Co., Inc. | 399,500 | 44,308,545 | |
Burlington Stores, Inc. (a) | 208,145 | 40,989,995 | |
Dick's Sporting Goods, Inc. | 337,600 | 18,270,912 | |
Dunelm Group PLC | 259,200 | 4,951,279 | |
Five Below, Inc. (a) | 172,700 | 18,902,015 | |
Foot Locker, Inc. | 750,000 | 22,747,500 | |
Gap, Inc. | 5,000 | 86,950 | |
Genesco, Inc. (a) | 35,000 | 682,500 | |
Hibbett Sports, Inc. (a) | 115,000 | 3,837,550 | |
Hour Glass Ltd. | 1,871,200 | 969,605 | |
JB Hi-Fi Ltd. | 74,775 | 2,766,339 | |
John David Group PLC | 875,000 | 8,489,365 | |
Ku Holdings Co. Ltd. | 47,500 | 357,433 | |
Lookers PLC (c) | 828,728 | 232,638 | |
Lowe's Companies, Inc. | 653,733 | 107,663,288 | |
Mandarake, Inc. (b) | 15,700 | 74,857 | |
Sally Beauty Holdings, Inc. (a) | 1,039,000 | 11,595,240 | |
Samse SA | 2,200 | 346,549 | |
The Buckle, Inc. | 25,000 | 468,500 | |
The Home Depot, Inc. | 295,900 | 84,343,336 | |
Tiffany & Co., Inc. | 66,500 | 8,146,250 | |
TJX Companies, Inc. | 627,300 | 34,369,767 | |
Tokatsu Holdings Co. Ltd. | 18,700 | 68,504 | |
Ulta Beauty, Inc. (a) | 117,600 | 27,304,368 | |
Urban Outfitters, Inc. (a) | 559,100 | 13,161,214 | |
Williams-Sonoma, Inc. | 254,800 | 22,361,248 | |
484,327,003 | |||
Textiles, Apparel & Luxury Goods - 0.4% | |||
Capri Holdings Ltd. (a) | 80,200 | 1,270,368 | |
Columbia Sportswear Co. | 470,800 | 40,286,356 | |
Embry Holdings Ltd. | 280,000 | 37,537 | |
Ff Group (a)(c) | 2,700 | 3,866 | |
Fossil Group, Inc. (a) | 30,000 | 193,050 | |
G-III Apparel Group Ltd. (a) | 10,000 | 110,600 | |
Levi Strauss & Co. Class A (b) | 1,300,600 | 16,023,392 | |
NIKE, Inc. Class B | 433,800 | 48,537,882 | |
PVH Corp. | 550,500 | 30,695,880 | |
Sitoy Group Holdings Ltd. | 2,613,000 | 122,983 | |
Tapestry, Inc. | 1,059,300 | 15,603,489 | |
Ted Baker PLC (b) | 418,192 | 619,392 | |
VF Corp. | 396,700 | 26,083,025 | |
Wolverine World Wide, Inc. | 3,000 | 74,940 | |
179,662,760 | |||
TOTAL CONSUMER DISCRETIONARY | 1,811,303,662 | ||
CONSUMER STAPLES - 2.7% | |||
Beverages - 0.4% | |||
Anheuser-Busch InBev SA NV ADR (b) | 76,200 | 4,431,030 | |
Boston Beer Co., Inc. Class A (a) | 17,000 | 14,993,660 | |
Britvic PLC | 588,000 | 6,661,426 | |
C&C Group PLC (United Kingdom) | 4,373,700 | 12,511,603 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 206,500 | 38,095,120 | |
Diageo PLC sponsored ADR | 73,200 | 9,838,080 | |
Monster Beverage Corp. (a) | 443,700 | 37,208,682 | |
The Coca-Cola Co. | 703,160 | 34,827,515 | |
Yantai Changyu Pioneer Wine Co. Ltd. (B Shares) | 690,621 | 1,372,295 | |
159,939,411 | |||
Food & Staples Retailing - 0.9% | |||
Amsterdam Commodities NV | 40,700 | 923,789 | |
BJ's Wholesale Club Holdings, Inc. (a) | 331,800 | 14,735,238 | |
Halows Co. Ltd. | 24,400 | 919,190 | |
Kroger Co. | 178,100 | 6,354,608 | |
Nihon Chouzai Co. Ltd. | 13,400 | 207,234 | |
OM2 Network Co. Ltd. | 70,900 | 826,715 | |
Performance Food Group Co. (a) | 897,000 | 32,749,470 | |
Qol Holdings Co. Ltd. | 60,100 | 645,175 | |
Retail Partners Co. Ltd. | 154,400 | 2,704,168 | |
Sapporo Clinical Laboratory | 8,200 | 119,383 | |
Satoh & Co. Ltd. (b) | 12,300 | 174,196 | |
Sysco Corp. | 1,576,600 | 94,816,724 | |
U.S. Foods Holding Corp. (a) | 2,942,700 | 71,654,745 | |
Walgreens Boots Alliance, Inc. | 1,050,000 | 39,921,000 | |
Walmart, Inc. | 680,800 | 94,529,080 | |
361,280,715 | |||
Food Products - 0.5% | |||
Axyz Co. Ltd. | 10,000 | 273,710 | |
Changshouhua Food Co. Ltd. (a) | 2,467,000 | 1,093,573 | |
Conagra Brands, Inc. | 826,169 | 31,691,843 | |
Ingredion, Inc. | 150,000 | 12,066,000 | |
JC Comsa Corp. | 26,800 | 121,203 | |
Kaneko Seeds Co. Ltd. | 88,900 | 1,195,238 | |
Lotte Samkang Co. Ltd. | 1,057 | 270,591 | |
Mondelez International, Inc. | 825,600 | 48,231,552 | |
Origin Enterprises PLC | 65,000 | 266,833 | |
Pickles Corp. | 32,500 | 812,845 | |
Post Holdings, Inc. (a) | 398,377 | 35,065,144 | |
Prima Meat Packers Ltd. | 14,600 | 427,324 | |
S Foods, Inc. | 27,400 | 745,050 | |
Shinobu Food Products Co. Ltd. | 2,300 | 12,356 | |
Toyo Sugar Refining Co. Ltd. | 39,400 | 462,392 | |
TreeHouse Foods, Inc. (a) | 403,900 | 17,290,959 | |
Tyson Foods, Inc. Class A | 552,100 | 34,671,880 | |
184,698,493 | |||
Household Products - 0.4% | |||
Colgate-Palmolive Co. | 4,300 | 340,818 | |
Energizer Holdings, Inc. | 7,200 | 333,288 | |
Procter & Gamble Co. | 982,998 | 135,978,113 | |
Spectrum Brands Holdings, Inc. | 147,713 | 8,803,695 | |
145,455,914 | |||
Personal Products - 0.1% | |||
Estee Lauder Companies, Inc. Class A | 189,900 | 42,104,628 | |
Hengan International Group Co. Ltd. | 280,000 | 2,204,713 | |
Unilever NV | 74,100 | 4,305,702 | |
48,615,043 | |||
Tobacco - 0.4% | |||
Altria Group, Inc. | 3,552,640 | 155,392,474 | |
British American Tobacco PLC sponsored ADR (b) | 690,414 | 23,315,281 | |
KT&G Corp. | 23,699 | 1,658,424 | |
Scandinavian Tobacco Group A/S (d) | 32,565 | 518,156 | |
180,884,335 | |||
TOTAL CONSUMER STAPLES | 1,080,873,911 | ||
ENERGY - 1.7% | |||
Energy Equipment & Services - 0.1% | |||
Baker Hughes Co. Class A | 178,200 | 2,544,696 | |
Championx Corp. (a) | 27,125 | 277,760 | |
Geospace Technologies Corp. (a) | 39,300 | 257,415 | |
High Arctic Energy Services, Inc. | 362,600 | 175,136 | |
Hoegh LNG Partners LP (b) | 368,400 | 3,857,148 | |
John Wood Group PLC | 260,000 | 861,241 | |
Liberty Oilfield Services, Inc. Class A | 206,309 | 1,330,693 | |
National Oilwell Varco, Inc. | 78,500 | 942,000 | |
Oceaneering International, Inc. (a) | 638,808 | 3,443,175 | |
SBM Offshore NV | 183,000 | 3,163,278 | |
Subsea 7 SA (a) | 1,174,800 | 9,507,923 | |
TechnipFMC PLC | 130,100 | 1,001,770 | |
Valaris PLC Class A (a)(b) | 319,125 | 30,796 | |
27,393,031 | |||
Oil, Gas & Consumable Fuels - 1.6% | |||
Africa Oil Corp. (a)(b) | 1,723,600 | 1,440,353 | |
Aker Bp ASA | 87,700 | 1,744,824 | |
Apache Corp. | 706,400 | 10,454,720 | |
Baytex Energy Corp. (a) | 2,463,500 | 1,265,416 | |
Bonterra Energy Corp. (b) | 218,300 | 252,718 | |
BP PLC sponsored ADR | 430,500 | 9,010,365 | |
Cabot Oil & Gas Corp. | 2,449,100 | 46,459,427 | |
Cairn Energy PLC (a) | 189,800 | 357,738 | |
Canadian Natural Resources Ltd. | 539,400 | 10,636,231 | |
Cenovus Energy, Inc. (Canada) | 4,544,909 | 21,464,054 | |
Cheniere Energy, Inc. (a) | 41,900 | 2,180,895 | |
Chevron Corp. | 80,400 | 6,747,972 | |
China Petroleum & Chemical Corp.: | |||
(H Shares) | 27,500,100 | 12,626,457 | |
sponsored ADR (H Shares) | 9,600 | 440,448 | |
CNOOC Ltd. sponsored ADR | 19,400 | 2,195,304 | |
CNX Resources Corp. (a) | 175,000 | 1,918,000 | |
Comstock Resources, Inc. (a) | 212,900 | 1,226,304 | |
ConocoPhillips Co. | 125,700 | 4,762,773 | |
Delek U.S. Holdings, Inc. | 385,000 | 6,056,050 | |
Enbridge, Inc. | 52,000 | 1,665,040 | |
Enterprise Products Partners LP | 118,000 | 2,072,080 | |
EQT Corp. | 1,250,000 | 19,837,500 | |
Equinor ASA sponsored ADR | 2,982,191 | 47,864,166 | |
Exxon Mobil Corp. | 3,953,345 | 157,896,599 | |
Frontline Ltd. (NY Shares) (b) | 10,000 | 79,600 | |
Galp Energia SGPS SA Class B | 306,400 | 3,290,172 | |
GasLog Partners LP (b) | 152,822 | 594,478 | |
Gibson Energy, Inc. | 60,200 | 1,096,140 | |
Golar LNG Partners LP | 778,067 | 2,007,413 | |
Hess Corp. | 1,279,300 | 58,898,972 | |
Husky Energy, Inc. | 1,375,800 | 4,651,572 | |
Imperial Oil Ltd. | 200,000 | 3,298,195 | |
Kosmos Energy Ltd. | 4,637,200 | 6,816,684 | |
Magnolia Oil & Gas Corp. Class A (a) | 5,027,200 | 32,375,168 | |
Marathon Oil Corp. | 422,000 | 2,228,160 | |
Marathon Petroleum Corp. | 29,300 | 1,038,978 | |
MEG Energy Corp. (a) | 1,665,225 | 4,621,547 | |
Motor Oil (HELLAS) Corinth Refineries SA | 111,300 | 1,560,633 | |
Murphy Oil Corp. (b) | 300,000 | 4,122,000 | |
Northern Oil & Gas, Inc. (a)(b) | 13,228,100 | 8,975,266 | |
NuVista Energy Ltd. (a) | 5,000 | 3,105 | |
Oil & Natural Gas Corp. Ltd. | 10,000,000 | 11,186,721 | |
Parex Resources, Inc. (a) | 2,072,100 | 28,356,641 | |
Phillips 66 Co. | 140,400 | 8,209,188 | |
QEP Resources, Inc. | 1,000,000 | 1,300,000 | |
Royal Dutch Shell PLC Class B sponsored ADR | 176,100 | 4,948,410 | |
Seven Generations Energy Ltd. (a) | 5,000 | 15,793 | |
Sinopec Kantons Holdings Ltd. | 5,064,000 | 1,998,293 | |
Southwestern Energy Co. (a) | 5,028,284 | 13,978,630 | |
Star Petroleum Refining PCL | 2,366,800 | 521,640 | |
Teekay LNG Partners LP | 1,311,600 | 14,519,412 | |
Thai Oil PCL (For. Reg.) | 468,100 | 625,037 | |
Total SA sponsored ADR | 1,360,946 | 53,852,633 | |
Tsakos Energy Navigation Ltd. | 10,000 | 87,900 | |
Unit Corp. (a)(b) | 1,616,500 | 73,066 | |
Valero Energy Corp. | 301,800 | 15,871,662 | |
Whiting Petroleum Corp. (a)(b) | 23,300 | 18,628 | |
World Fuel Services Corp. | 125,000 | 3,300,000 | |
665,097,171 | |||
TOTAL ENERGY | 692,490,202 | ||
FINANCIALS - 6.0% | |||
Banks - 2.1% | |||
Bank of America Corp. | 8,584,709 | 220,970,410 | |
BankUnited, Inc. | 700,688 | 16,382,085 | |
Boston Private Financial Holdings, Inc. | 1,533,419 | 9,108,509 | |
CIT Group, Inc. | 363,800 | 7,155,946 | |
Citigroup, Inc. | 920,000 | 47,030,400 | |
Comerica, Inc. | 125,000 | 4,941,250 | |
Credit Agricole Atlantique Vendee | 7,800 | 977,726 | |
Cullen/Frost Bankers, Inc. | 107,900 | 7,494,734 | |
East West Bancorp, Inc. | 5,000 | 183,900 | |
EFG Eurobank Ergasias SA (a) | 8,185,100 | 3,928,565 | |
First Horizon National Corp. | 2,767,570 | 26,430,294 | |
FNB Corp., Pennsylvania | 2,656,455 | 19,923,413 | |
Gunma Bank Ltd. | 468,400 | 1,543,423 | |
Hiroshima Bank Ltd. | 65,700 | 333,106 | |
Huntington Bancshares, Inc. | 536,400 | 5,047,524 | |
JPMorgan Chase & Co. | 1,233,771 | 123,611,516 | |
KeyCorp | 512,595 | 6,315,170 | |
M&T Bank Corp. | 253,300 | 26,155,758 | |
NIBC Holding NV (d) | 660,726 | 5,826,848 | |
Northrim Bancorp, Inc. | 5,000 | 134,550 | |
Ogaki Kyoritsu Bank Ltd. | 51,400 | 1,076,869 | |
PNC Financial Services Group, Inc. | 325,134 | 36,154,901 | |
Shinsei Bank Ltd. | 82,500 | 965,090 | |
Signature Bank | 31,700 | 3,075,851 | |
Skandiabanken ASA (d) | 110,600 | 853,331 | |
Societe Generale Series A | 113,700 | 1,840,541 | |
Sumitomo Mitsui Financial Group, Inc. | 615,900 | 18,110,652 | |
Synovus Financial Corp. | 92,800 | 2,029,536 | |
TCF Financial Corp. | 819,800 | 22,036,224 | |
The Keiyo Bank Ltd. | 148,400 | 693,556 | |
The San-In Godo Bank Ltd. | 142,300 | 712,071 | |
Truist Financial Corp. | 1,355,745 | 52,616,463 | |
U.S. Bancorp | 661,527 | 24,079,583 | |
Unicaja Banco SA (d) | 1,829,300 | 1,316,346 | |
Van Lanschot NV (Bearer) | 5,800 | 116,695 | |
Wells Fargo & Co. | 5,576,013 | 134,660,714 | |
Western Alliance Bancorp. | 283,300 | 10,000,490 | |
Yamaguchi Financial Group, Inc. | 127,800 | 848,259 | |
844,682,299 | |||
Capital Markets - 1.0% | |||
Affiliated Managers Group, Inc. | 201,300 | 13,819,245 | |
Ares Capital Corp. | 38,829 | 571,175 | |
Bank of New York Mellon Corp. | 1,305,500 | 48,277,390 | |
BlackRock, Inc. Class A | 64,600 | 38,384,674 | |
Cboe Global Markets, Inc. | 115,600 | 10,610,924 | |
Cowen Group, Inc. Class A | 401,900 | 7,270,371 | |
Daou Data Corp. | 1,000 | 11,410 | |
Goldman Sachs Group, Inc. | 150,000 | 30,730,500 | |
Intercontinental Exchange, Inc. | 235,800 | 25,049,034 | |
Invesco Ltd. | 417,000 | 4,253,400 | |
KKR & Co. LP | 413,700 | 14,818,734 | |
Lazard Ltd. Class A | 764,163 | 24,201,042 | |
Morgan Stanley | 1,095,730 | 57,262,850 | |
Morningstar, Inc. | 90,600 | 14,509,590 | |
Northern Trust Corp. | 499,600 | 40,912,244 | |
Raymond James Financial, Inc. | 101,363 | 7,675,206 | |
State Street Corp. | 920,446 | 62,673,168 | |
Virtu Financial, Inc. Class A | 637,100 | 16,456,293 | |
417,487,250 | |||
Consumer Finance - 0.8% | |||
360 Finance, Inc. ADR (a) | 177,800 | 2,222,500 | |
Aeon Credit Service (Asia) Co. Ltd. | 3,946,000 | 2,620,549 | |
Ally Financial, Inc. | 222,700 | 5,095,376 | |
Capital One Financial Corp. | 1,366,900 | 94,357,107 | |
Discover Financial Services | 2,107,900 | 111,887,332 | |
Encore Capital Group, Inc. (a) | 16,726 | 768,392 | |
First Cash Financial Services, Inc. | 369,810 | 22,096,148 | |
Navient Corp. | 92,600 | 841,734 | |
OneMain Holdings, Inc. | 499,359 | 14,521,360 | |
Santander Consumer U.S.A. Holdings, Inc. (b) | 185,300 | 3,189,013 | |
Shriram Transport Finance Co. Ltd. | 369,861 | 3,546,564 | |
SLM Corp. | 954,800 | 7,294,672 | |
Synchrony Financial | 1,300,000 | 32,253,000 | |
300,693,747 | |||
Diversified Financial Services - 0.7% | |||
Berkshire Hathaway, Inc.: | |||
Class A (a) | 2 | 655,120 | |
Class B (a) | 1,094,000 | 238,535,760 | |
Fuyo General Lease Co. Ltd. | 92,300 | 5,568,588 | |
Ricoh Leasing Co. Ltd. | 114,000 | 2,916,867 | |
Voya Financial, Inc. | 463,410 | 24,055,613 | |
271,731,948 | |||
Insurance - 1.2% | |||
AFLAC, Inc. | 850,000 | 30,872,000 | |
Allstate Corp. | 99,900 | 9,290,700 | |
American International Group, Inc. | 755,171 | 22,005,683 | |
ASR Nederland NV | 92,500 | 3,206,681 | |
Assurant, Inc. | 259,788 | 31,579,829 | |
Axis Capital Holdings Ltd. | 490,800 | 23,440,608 | |
Brown & Brown, Inc. | 471,082 | 21,858,205 | |
BRP Group, Inc. (a) | 441,200 | 12,137,412 | |
Chubb Ltd. | 418,900 | 52,362,500 | |
Db Insurance Co. Ltd. | 280,000 | 10,292,167 | |
Fairfax Financial Holdings Ltd. (sub. vtg.) | 15,400 | 4,747,335 | |
First American Financial Corp. | 471,600 | 24,792,012 | |
Genworth Financial, Inc. Class A (a) | 324,100 | 978,782 | |
Globe Life, Inc. | 153,100 | 12,627,688 | |
Hartford Financial Services Group, Inc. | 322,300 | 13,037,035 | |
Hyundai Fire & Marine Insurance Co. Ltd. | 212,600 | 3,956,581 | |
Lincoln National Corp. | 56,000 | 2,018,800 | |
Marsh & McLennan Companies, Inc. | 160,100 | 18,397,091 | |
MetLife, Inc. | 1,484,500 | 57,093,870 | |
NN Group NV | 150,203 | 5,655,172 | |
Prudential Financial, Inc. | 69,200 | 4,689,684 | |
Sul America SA unit | 10,000 | 78,817 | |
The Travelers Companies, Inc. | 799,100 | 92,727,564 | |
Willis Towers Watson PLC | 115,000 | 23,635,950 | |
481,482,166 | |||
Mortgage Real Estate Investment Trusts - 0.0% | |||
AGNC Investment Corp. | 496,700 | 7,008,437 | |
Redwood Trust, Inc. | 67,500 | 467,775 | |
7,476,212 | |||
Thrifts & Mortgage Finance - 0.2% | |||
ASAX Co. Ltd. | 188,500 | 1,233,352 | |
Essent Group Ltd. | 1,028,225 | 36,707,633 | |
Genworth Mortgage Insurance Ltd. | 232,786 | 259,254 | |
MGIC Investment Corp. | 4,459,900 | 40,897,283 | |
Radian Group, Inc. | 646,500 | 9,981,960 | |
89,079,482 | |||
TOTAL FINANCIALS | 2,412,633,104 | ||
HEALTH CARE - 7.2% | |||
Biotechnology - 1.4% | |||
AbbVie, Inc. | 97,700 | 9,356,729 | |
ADC Therapeutics SA (a)(b) | 180,100 | 7,955,017 | |
Alexion Pharmaceuticals, Inc. (a) | 641,000 | 73,215,020 | |
Alnylam Pharmaceuticals, Inc. (a) | 102,600 | 13,608,864 | |
Amgen, Inc. | 298,500 | 75,616,020 | |
Arcutis Biotherapeutics, Inc. (a)(b) | 100,000 | 2,507,000 | |
Argenx SE ADR (a) | 66,000 | 15,263,820 | |
Ascendis Pharma A/S sponsored ADR (a) | 100,000 | 14,818,000 | |
Aurinia Pharmaceuticals, Inc. (a) | 973,200 | 14,432,556 | |
Blueprint Medicines Corp. (a) | 386,798 | 29,949,769 | |
Cell Biotech Co. Ltd. | 75,959 | 1,023,443 | |
Crinetics Pharmaceuticals, Inc. (a) | 69,800 | 1,118,894 | |
Essex Bio-Technology Ltd. | 241,000 | 148,953 | |
Exelixis, Inc. (a) | 190,000 | 4,221,800 | |
Generation Bio Co. | 120,000 | 3,747,600 | |
Gilead Sciences, Inc. | 325,000 | 21,693,750 | |
Global Blood Therapeutics, Inc. (a) | 386,424 | 24,259,699 | |
Gritstone Oncology, Inc. (a)(b) | 310,600 | 1,028,086 | |
Heron Therapeutics, Inc. (a) | 29,900 | 427,570 | |
Innovent Biologics, Inc. (a)(d) | 750,000 | 4,983,001 | |
Insmed, Inc. (a) | 245,455 | 6,919,376 | |
Intercept Pharmaceuticals, Inc. (a) | 134,375 | 6,702,625 | |
Kymera Therapeutics, Inc. (a) | 27,900 | 890,010 | |
Neurocrine Biosciences, Inc. (a) | 100,000 | 11,642,000 | |
PTC Therapeutics, Inc. (a) | 603,200 | 29,813,160 | |
Regeneron Pharmaceuticals, Inc. (a) | 138,700 | 85,984,291 | |
Revolution Medicines, Inc. | 120,000 | 3,400,800 | |
Sarepta Therapeutics, Inc. (a) | 257,792 | 37,745,905 | |
Seattle Genetics, Inc. (a) | 91,700 | 14,519,778 | |
Turning Point Therapeutics, Inc. (a) | 287,239 | 22,456,345 | |
United Therapeutics Corp. (a) | 93,800 | 10,032,848 | |
Vaxcyte, Inc. | 192,600 | 8,720,928 | |
Vertex Pharmaceuticals, Inc. (a) | 70,000 | 19,538,400 | |
Xencor, Inc. (a) | 118,000 | 4,218,500 | |
Zymeworks, Inc. (a) | 112,620 | 3,651,140 | |
585,611,697 | |||
Health Care Equipment & Supplies - 1.0% | |||
A&T Corp. (b) | 21,000 | 276,788 | |
Atricure, Inc. (a) | 437,100 | 19,551,483 | |
Becton, Dickinson & Co. | 269,700 | 65,475,069 | |
Boston Scientific Corp. (a) | 1,572,921 | 64,521,219 | |
Danaher Corp. | 240,000 | 49,552,800 | |
DexCom, Inc. (a) | 10,000 | 4,254,100 | |
Fukuda Denshi Co. Ltd. | 81,400 | 5,756,371 | |
Genmark Diagnostics, Inc. (a) | 600,000 | 7,782,000 | |
Hologic, Inc. (a) | 559,800 | 33,431,256 | |
InBody Co. Ltd. | 50,000 | 673,681 | |
Insulet Corp. (a) | 92,200 | 20,122,650 | |
Intuitive Surgical, Inc. (a) | 25,000 | 18,271,000 | |
Masimo Corp. (a) | 46,000 | 10,304,000 | |
Meridian Bioscience, Inc. (a) | 15,000 | 212,100 | |
Nanosonics Ltd. (a) | 750,000 | 3,352,165 | |
Penumbra, Inc. (a) | 101,700 | 21,270,555 | |
STERIS PLC | 136,349 | 21,766,754 | |
Tandem Diabetes Care, Inc. (a) | 368,900 | 41,582,408 | |
Value Added Technology Co. Ltd. | 5,000 | 90,105 | |
Vieworks Co. Ltd. | 37,454 | 1,029,784 | |
389,276,288 | |||
Health Care Providers & Services - 2.7% | |||
1Life Healthcare, Inc. (a) | 200,000 | 5,834,000 | |
AmerisourceBergen Corp. | 48,800 | 4,735,064 | |
Anthem, Inc. | 453,500 | 127,669,320 | |
Cardinal Health, Inc. | 463,100 | 23,506,956 | |
Centene Corp. (a) | 1,886,000 | 115,649,520 | |
Cigna Corp. | 1,089,507 | 193,245,857 | |
Covetrus, Inc. (a) | 165,800 | 3,798,478 | |
CVS Health Corp. | 1,899,912 | 118,022,533 | |
Humana, Inc. | 166,600 | 69,167,322 | |
Laboratory Corp. of America Holdings (a) | 80,000 | 14,060,000 | |
LHC Group, Inc. (a) | 187,200 | 39,019,968 | |
McKesson Corp. | 292,790 | 44,925,698 | |
MEDNAX, Inc. (a) | 125,000 | 2,322,500 | |
Molina Healthcare, Inc. (a) | 182,100 | 33,683,037 | |
Ontrak, Inc. (a)(b) | 31,500 | 2,297,925 | |
Patterson Companies, Inc. | 101,000 | 2,930,010 | |
Quest Diagnostics, Inc. | 3,700 | 411,588 | |
Tokai Corp. | 144,600 | 2,868,381 | |
UnitedHealth Group, Inc. | 813,600 | 254,290,680 | |
Universal Health Services, Inc. Class B | 250,000 | 27,587,500 | |
1,086,026,337 | |||
Health Care Technology - 0.1% | |||
Inspire Medical Systems, Inc. (a) | 72,100 | 8,612,345 | |
Phreesia, Inc. (a) | 599,000 | 18,892,460 | |
27,504,805 | |||
Life Sciences Tools & Services - 0.2% | |||
10X Genomics, Inc. (a) | 67,000 | 7,679,540 | |
Bio-Rad Laboratories, Inc. Class A (a) | 78,516 | 39,932,452 | |
Bruker Corp. | 609,400 | 25,606,988 | |
ICON PLC (a) | 5,200 | 969,332 | |
Lonza Group AG | 18,000 | 11,185,440 | |
85,373,752 | |||
Pharmaceuticals - 1.8% | |||
AstraZeneca PLC (United Kingdom) | 420,000 | 46,620,108 | |
Bayer AG | 865,082 | 57,538,374 | |
Bristol-Myers Squibb Co. | 3,004,600 | 186,886,120 | |
Bristol-Myers Squibb Co. rights (a) | 727,000 | 1,948,360 | |
Daito Pharmaceutical Co. Ltd. | 17,200 | 560,261 | |
Dawnrays Pharmaceutical Holdings Ltd. | 8,622,000 | 1,031,694 | |
Elanco Animal Health, Inc. (a) | 92,100 | 2,676,426 | |
Eli Lilly & Co. | 350,000 | 51,936,500 | |
Genomma Lab Internacional SA de CV (a) | 1,300,000 | 1,364,044 | |
GlaxoSmithKline PLC sponsored ADR | 1,391,758 | 55,113,617 | |
Jazz Pharmaceuticals PLC (a) | 64,800 | 8,708,472 | |
Johnson & Johnson | 464,785 | 71,302,667 | |
Korea United Pharm, Inc. | 100,000 | 4,197,877 | |
Mylan NV (a) | 175,000 | 2,866,500 | |
MyoKardia, Inc. (a) | 78,000 | 8,536,320 | |
Nektar Therapeutics (a)(b) | 194,000 | 3,751,960 | |
Nippon Chemiphar Co. Ltd. | 10,400 | 244,302 | |
Pliant Therapeutics, Inc. (b) | 177,100 | 4,454,065 | |
Roche Holding AG (participation certificate) | 329,686 | 115,330,438 | |
Royalty Pharma PLC | 178,000 | 7,365,640 | |
Sanofi SA | 300,000 | 30,386,622 | |
Sanofi SA sponsored ADR | 1,065,100 | 53,872,758 | |
Taro Pharmaceutical Industries Ltd. (a) | 11,200 | 685,552 | |
Theravance Biopharma, Inc. (a) | 180,000 | 3,299,400 | |
UCB SA | 47,000 | 5,581,823 | |
726,259,900 | |||
TOTAL HEALTH CARE | 2,900,052,779 | ||
INDUSTRIALS - 5.3% | |||
Aerospace & Defense - 0.6% | |||
Airbus Group NV | 339,900 | 27,952,557 | |
Axon Enterprise, Inc. (a) | 74,132 | 6,351,630 | |
General Dynamics Corp. | 328,323 | 49,035,040 | |
HEICO Corp. Class A | 250,646 | 22,402,739 | |
Huntington Ingalls Industries, Inc. | 173,000 | 26,212,960 | |
Lockheed Martin Corp. | 139,200 | 54,324,192 | |
Raytheon Technologies Corp. | 406,469 | 24,794,609 | |
Safran SA (a) | 25,500 | 2,944,854 | |
The Boeing Co. | 79,100 | 13,590,962 | |
Vectrus, Inc. (a) | 5,000 | 217,050 | |
227,826,593 | |||
Air Freight & Logistics - 0.4% | |||
Deutsche Post AG | 253,900 | 11,550,039 | |
FedEx Corp. | 150,230 | 33,026,563 | |
Onelogix Group Ltd. | 488,862 | 62,004 | |
United Parcel Service, Inc. Class B | 551,506 | 90,237,412 | |
XPO Logistics, Inc. (a) | 136,300 | 12,031,201 | |
146,907,219 | |||
Airlines - 0.1% | |||
Alaska Air Group, Inc. | 402,500 | 15,677,375 | |
Copa Holdings SA Class A | 247,700 | 13,190,025 | |
Hawaiian Holdings, Inc. | 2,000 | 26,880 | |
Ryanair Holdings PLC sponsored ADR (a) | 45,100 | 3,648,590 | |
32,542,870 | |||
Building Products - 0.6% | |||
Apogee Enterprises, Inc. | 5,000 | 104,650 | |
Carrier Global Corp. | 326,720 | 9,752,592 | |
Fortune Brands Home & Security, Inc. | 1,315,629 | 110,618,086 | |
Jeld-Wen Holding, Inc. (a) | 307,300 | 6,468,665 | |
Johnson Controls International PLC | 131,100 | 5,339,703 | |
KVK Corp. | 5,500 | 82,826 | |
Nihon Dengi Co. Ltd. | 103,900 | 3,482,462 | |
Owens Corning | 550,400 | 37,229,056 | |
Trane Technologies PLC | 731,800 | 86,637,802 | |
259,715,842 | |||
Commercial Services & Supplies - 0.0% | |||
IAA Spinco, Inc. (a) | 49,900 | 2,610,768 | |
Nippon Kanzai Co. Ltd. | 28,300 | 532,520 | |
Steelcase, Inc. Class A | 130,800 | 1,366,860 | |
VSE Corp. | 1,000 | 29,030 | |
4,539,178 | |||
Construction & Engineering - 0.0% | |||
Arcadis NV | 44,800 | 1,029,145 | |
Boustead Projs. Pte Ltd. | 2,180,500 | 1,274,115 | |
Joban Kaihatsu Co. Ltd. | 1,400 | 72,700 | |
Kawasaki Setsubi Kogyo Co. Ltd. | 23,200 | 114,122 | |
Meisei Industrial Co. Ltd. | 425,200 | 3,163,457 | |
Raiznext Corp. | 450,800 | 5,652,291 | |
Seikitokyu Kogyo Co. Ltd. | 72,400 | 589,235 | |
Watanabe Sato Co. Ltd. | 4,100 | 82,840 | |
11,977,905 | |||
Electrical Equipment - 0.8% | |||
Acuity Brands, Inc. | 362,900 | 39,661,341 | |
Aichi Electric Co. Ltd. (b) | 231,450 | 4,982,354 | |
AMETEK, Inc. | 705,400 | 71,033,780 | |
Eaton Corp. PLC | 16,800 | 1,715,280 | |
Emerson Electric Co. | 506,400 | 35,179,608 | |
Gerard Perrier Industrie SA (b) | 5,000 | 379,485 | |
Hubbell, Inc. Class B | 63,400 | 9,187,928 | |
Iwabuchi Corp. | 1,600 | 88,675 | |
Regal Beloit Corp. | 291,900 | 28,857,234 | |
Sensata Technologies, Inc. PLC (a) | 28,000 | 1,165,920 | |
Sunrun, Inc. (a) | 442,900 | 25,048,210 | |
Terasaki Electric Co. Ltd. | 33,600 | 337,539 | |
Vertiv Holdings Co. (a) | 649,900 | 10,547,877 | |
Vertiv Holdings LLC (e) | 600,000 | 9,738,000 | |
Vestas Wind Systems A/S | 283,700 | 43,135,008 | |
Vivint Solar, Inc. (a) | 1,080,100 | 33,353,488 | |
314,411,727 | |||
Industrial Conglomerates - 0.8% | |||
3M Co. | 68,500 | 11,166,870 | |
Carlisle Companies, Inc. | 240,720 | 31,522,284 | |
General Electric Co. | 24,448,208 | 155,001,639 | |
Mytilineos SA | 239,500 | 2,255,020 | |
Reunert Ltd. | 56,900 | 104,729 | |
Roper Technologies, Inc. | 157,900 | 67,453,301 | |
Siemens AG | 308,200 | 42,705,925 | |
310,209,768 | |||
Machinery - 0.9% | |||
Caterpillar, Inc. | 15,000 | 2,134,650 | |
Colfax Corp. (a) | 854,200 | 28,427,776 | |
Conrad Industries, Inc. (a) | 5,400 | 63,720 | |
Crane Co. | 1,000 | 56,540 | |
Cummins, Inc. | 28,300 | 5,865,175 | |
Flowserve Corp. | 821,127 | 24,371,049 | |
Fortive Corp. | 1,004,400 | 72,427,284 | |
Fukushima Industries Corp. | 4,100 | 129,486 | |
Haitian International Holdings Ltd. | 1,290,000 | 3,120,863 | |
Hy-Lok Corp. | 14,316 | 141,652 | |
IDEX Corp. | 272,527 | 49,117,541 | |
Ingersoll Rand, Inc. (a) | 330,562 | 11,589,504 | |
ITT, Inc. | 476,600 | 29,935,246 | |
Koike Sanso Kogyo Co. Ltd. | 2,200 | 48,605 | |
Nakanishi Manufacturing Co. Ltd. | 20,000 | 179,767 | |
Nansin Co. Ltd. | 32,900 | 159,662 | |
Oshkosh Corp. | 443,200 | 34,130,832 | |
Otis Worldwide Corp. | 654,684 | 41,179,624 | |
Sakura Rubber Co. Ltd. | 20,800 | 860,161 | |
Stanley Black & Decker, Inc. | 287,500 | 46,373,750 | |
The Hanshin Diesel Works Ltd. | 4,500 | 83,657 | |
Westinghouse Air Brake Co. | 160,062 | 10,652,126 | |
Yamada Corp. | 19,700 | 424,076 | |
361,472,746 | |||
Marine - 0.0% | |||
Japan Transcity Corp. | 280,300 | 1,317,938 | |
Professional Services - 0.0% | |||
ABIST Co. Ltd. | 26,000 | 733,003 | |
Bertrandt AG | 18,100 | 738,708 | |
Career Design Center Co. Ltd. | 22,100 | 180,906 | |
Dun & Bradstreet Holdings, Inc. (a) | 147,100 | 3,730,456 | |
McMillan Shakespeare Ltd. | 46,017 | 313,944 | |
Outsourcing, Inc. | 100,000 | 829,911 | |
Robert Half International, Inc. | 5,000 | 266,000 | |
SaraminHR Co. Ltd. | 7,000 | 131,747 | |
SHL-JAPAN Ltd. | 34,800 | 757,015 | |
7,681,690 | |||
Road & Rail - 0.7% | |||
Autohellas SA | 51,600 | 216,443 | |
CSX Corp. | 864,700 | 66,114,962 | |
Daqin Railway Co. Ltd. (A Shares) | 2,952,141 | 2,853,664 | |
J.B. Hunt Transport Services, Inc. | 69,100 | 9,711,314 | |
Knight-Swift Transportation Holdings, Inc. Class A | 563,100 | 25,598,526 | |
Landstar System, Inc. | 292,720 | 38,958,105 | |
Lyft, Inc. (a) | 849,083 | 25,192,293 | |
Meitetsu Transport Co. Ltd. | 5,000 | 98,900 | |
NANSO Transport Co. Ltd. | 46,700 | 491,625 | |
Nikkon Holdings Co. Ltd. | 47,600 | 1,051,636 | |
Old Dominion Freight Lines, Inc. | 380,409 | 76,911,092 | |
Ryder System, Inc. | 191,800 | 7,844,620 | |
Schneider National, Inc. Class B | 1,076,200 | 29,121,972 | |
STEF-TFE Group (a) | 3,933 | 314,461 | |
Tohbu Network Co. Ltd. | 42,500 | 355,922 | |
Uber Technologies, Inc. (a) | 70,872 | 2,383,425 | |
Utoc Corp. | 136,300 | 603,547 | |
287,822,507 | |||
Trading Companies & Distributors - 0.4% | |||
AerCap Holdings NV (a) | 88,600 | 2,619,902 | |
Air Lease Corp. Class A | 861,100 | 26,762,988 | |
Beacon Roofing Supply, Inc. (a) | 129,300 | 4,381,977 | |
Beijer Ref AB (B Shares) | 28,900 | 1,149,344 | |
Canox Corp. | 81,539 | 477,309 | |
Daiichi Jitsugyo Co. Ltd. | 5,900 | 201,374 | |
Green Cross Co. Ltd. | 81,100 | 724,360 | |
HD Supply Holdings, Inc. (a) | 1,318,080 | 52,275,053 | |
Howden Joinery Group PLC | 26,900 | 202,087 | |
Itochu Corp. | 1,926,200 | 49,530,338 | |
Kamei Corp. | 229,200 | 2,142,359 | |
Mitani Shoji Co. Ltd. | 56,600 | 3,526,979 | |
Mitsubishi Corp. | 447,900 | 10,625,018 | |
MSC Industrial Direct Co., Inc. Class A | 5,000 | 329,500 | |
Narasaki Sangyo Co. Ltd. | 9,600 | 166,050 | |
Nishikawa Keisoku Co. Ltd. | 5,800 | 219,044 | |
Pla Matels Corp. | 49,800 | 263,776 | |
Sam Yung Trading Co. Ltd. | 2,000 | 21,979 | |
Shinsho Corp. | 90,900 | 1,523,368 | |
United Rentals, Inc. (a) | 68,200 | 12,074,810 | |
169,217,615 | |||
Transportation Infrastructure - 0.0% | |||
Isewan Terminal Service Co. Ltd. | 200,400 | 1,464,472 | |
Qingdao Port International Co. Ltd. (H Shares) (d) | 4,884,814 | 2,979,999 | |
4,444,471 | |||
TOTAL INDUSTRIALS | 2,140,088,069 | ||
INFORMATION TECHNOLOGY - 8.7% | |||
Communications Equipment - 0.3% | |||
Cisco Systems, Inc. | 1,908,000 | 80,555,760 | |
CommScope Holding Co., Inc. (a) | 414,600 | 4,270,380 | |
Ericsson (B Shares) sponsored ADR (b) | 797,048 | 9,285,609 | |
F5 Networks, Inc. (a) | 225,000 | 29,774,250 | |
Juniper Networks, Inc. | 50,000 | 1,250,000 | |
Lumentum Holdings, Inc. (a) | 2,400 | 206,400 | |
125,342,399 | |||
Electronic Equipment & Components - 0.7% | |||
Ai Holdings Corp. | 5,000 | 83,746 | |
Avnet, Inc. | 841,000 | 23,135,910 | |
Cognex Corp. | 290,900 | 20,127,371 | |
Corning, Inc. | 193,300 | 6,274,518 | |
Daido Signal Co. Ltd. | 121,200 | 698,031 | |
Elematec Corp. | 159,000 | 1,387,112 | |
FLEXium Interconnect, Inc. | 101,316 | 434,492 | |
Flextronics International Ltd. (a) | 3,268,893 | 35,500,178 | |
HAGIAWARA ELECTRIC Co. Ltd. | 31,080 | 561,943 | |
Hon Hai Precision Industry Co. Ltd. (Foxconn) | 600,000 | 1,570,403 | |
II-VI, Inc. (a) | 163,923 | 7,294,574 | |
Insight Enterprises, Inc. (a) | 96,948 | 5,797,975 | |
Jabil, Inc. | 1,944,897 | 66,418,233 | |
Kingboard Chemical Holdings Ltd. | 1,498,800 | 4,818,055 | |
Makus, Inc. (f) | 954,684 | 3,187,626 | |
Methode Electronics, Inc. Class A | 15,000 | 424,650 | |
New Cosmos Electric Co. Ltd. | 8,900 | 149,573 | |
PAX Global Technology Ltd. | 6,756,000 | 3,883,744 | |
Redington India Ltd. | 517,144 | 760,999 | |
Riken Kieki Co. Ltd. | 102,000 | 2,462,484 | |
ScanSource, Inc. (a) | 119,631 | 2,953,689 | |
Solid State PLC | 5,000 | 42,575 | |
TE Connectivity Ltd. | 485,600 | 46,908,960 | |
Thinking Electronic Industries Co. Ltd. | 250,000 | 927,470 | |
Trimble, Inc. (a) | 562,300 | 29,470,143 | |
265,274,454 | |||
IT Services - 1.6% | |||
Amdocs Ltd. | 568,200 | 34,790,886 | |
Avant Corp. | 300,000 | 2,937,261 | |
Capgemini SA | 249,800 | 34,579,464 | |
Cielo SA | 600,000 | 499,407 | |
Cognizant Technology Solutions Corp. Class A | 673,300 | 45,016,838 | |
Data Applications Co. Ltd. | 11,000 | 132,625 | |
DXC Technology Co. | 93,312 | 1,864,374 | |
E-Credible Co. Ltd. | 125,000 | 2,521,042 | |
Enea Data AB (a) | 67,600 | 1,547,412 | |
FDM Group Holdings PLC | 5,000 | 69,778 | |
Fidelity National Information Services, Inc. | 474,190 | 71,531,562 | |
Fiserv, Inc. (a) | 71,200 | 7,090,096 | |
Future Corp. | 30,200 | 547,743 | |
Gartner, Inc. (a) | 241,000 | 31,286,620 | |
Genpact Ltd. | 909,493 | 38,362,415 | |
Global Payments, Inc. | 69,932 | 12,351,390 | |
GoDaddy, Inc. (a) | 449,804 | 37,639,599 | |
Hexaware Technologies Ltd. | 200,000 | 1,082,225 | |
IBM Corp. | 53,400 | 6,584,754 | |
IFIS Japan Ltd. | 2,800 | 19,959 | |
Korea Information & Communication Co. Ltd. (a) | 162,407 | 1,260,957 | |
MasterCard, Inc. Class A | 247,100 | 88,508,749 | |
PayPal Holdings, Inc. (a) | 307,438 | 62,760,393 | |
Sabre Corp. | 478,000 | 3,341,220 | |
Tech Mahindra Ltd. | 50,000 | 505,757 | |
Tessi SA (a) | 107 | 11,747 | |
The Western Union Co. | 26,000 | 613,340 | |
Twilio, Inc. Class A (a) | 39,399 | 10,628,274 | |
Unisys Corp. (a) | 422,500 | 4,926,350 | |
Visa, Inc. Class A | 525,357 | 111,370,430 | |
WEX, Inc. (a) | 149,900 | 23,940,529 | |
Worldline SA (a)(d) | 70,600 | 6,488,974 | |
644,812,170 | |||
Semiconductors & Semiconductor Equipment - 1.1% | |||
Advanced Micro Devices, Inc. (a) | 287,795 | 26,137,542 | |
Analog Devices, Inc. | 39,100 | 4,570,008 | |
Applied Materials, Inc. | 128,000 | 7,884,800 | |
Broadcom, Inc. | 10,300 | 3,575,645 | |
Cirrus Logic, Inc. (a) | 377,895 | 22,896,658 | |
Intel Corp. | 69,800 | 3,556,310 | |
Lam Research Corp. | 12,800 | 4,305,152 | |
Marvell Technology Group Ltd. | 752,011 | 29,162,987 | |
MediaTek, Inc. | 318,000 | 6,017,767 | |
Microchip Technology, Inc. | 500 | 54,850 | |
Micron Technology, Inc. (a) | 468,750 | 21,332,813 | |
Miraial Co. Ltd. | 51,000 | 481,037 | |
NVIDIA Corp. | 163,909 | 87,688,037 | |
NXP Semiconductors NV | 474,042 | 59,615,522 | |
ON Semiconductor Corp. (a) | 827,011 | 17,673,225 | |
Phison Electronics Corp. | 300,000 | 2,828,358 | |
Qualcomm, Inc. | 989,216 | 117,815,626 | |
Sanken Electric Co. Ltd. | 94,689 | 1,956,986 | |
Semtech Corp. (a) | 29,011 | 1,701,495 | |
Sitronix Technology Corp. | 100,000 | 490,113 | |
Skyworks Solutions, Inc. | 168,611 | 24,423,303 | |
STMicroelectronics NV (France) | 205,100 | 6,203,262 | |
Systems Technology, Inc. | 25,000 | 341,051 | |
Topco Scientific Co. Ltd. | 100,000 | 408,427 | |
Universal Display Corp. | 4,700 | 824,850 | |
Xilinx, Inc. | 52,971 | 5,517,459 | |
457,463,283 | |||
Software - 3.7% | |||
Adobe, Inc. (a) | 71,679 | 36,799,282 | |
Asiainfo Technologies Ltd. (d) | 56,000 | 82,146 | |
Autodesk, Inc. (a) | 165,961 | 40,776,618 | |
Blackbaud, Inc. | 359,400 | 22,947,690 | |
Box, Inc. Class A (a) | 499,800 | 9,811,074 | |
CENIT AG (a) | 10,000 | 134,849 | |
Citrix Systems, Inc. | 15,670 | 2,275,284 | |
Cloudflare, Inc. (a) | 383,129 | 14,658,516 | |
Cresco Ltd. | 50,000 | 598,121 | |
Cyient Ltd. | 1,000,000 | 5,300,554 | |
Dynatrace, Inc. | 124,900 | 5,524,327 | |
Elastic NV (a) | 425,986 | 46,253,560 | |
Encourage Technologies Co. Ltd. | 5,900 | 44,620 | |
Envestnet, Inc. (a) | 100 | 8,299 | |
HubSpot, Inc. (a) | 88,200 | 26,431,776 | |
LivePerson, Inc. (a) | 370,106 | 22,080,524 | |
Microsoft Corp. | 3,177,408 | 716,600,826 | |
Nortonlifelock, Inc. | 2,818,183 | 66,283,664 | |
Nuance Communications, Inc. (a) | 342,700 | 10,267,292 | |
Nucleus Software Exports Ltd. (a) | 16,048 | 107,200 | |
Nutanix, Inc. Class A (a) | 35,800 | 1,027,818 | |
Oracle Corp. | 381,178 | 21,811,005 | |
Parametric Technology Corp. (a) | 439,800 | 40,202,118 | |
Pluralsight, Inc. (a) | 1,464,100 | 28,022,874 | |
Proofpoint, Inc. (a) | 260,820 | 28,604,129 | |
Rapid7, Inc. (a) | 198,600 | 12,823,602 | |
RealPage, Inc. (a) | 554,500 | 34,722,790 | |
RingCentral, Inc. (a) | 12,495 | 3,633,171 | |
Salesforce.com, Inc. (a) | 276,270 | 75,325,016 | |
SAP SE sponsored ADR (b) | 328,656 | 54,362,989 | |
Sinosoft Tech Group Ltd. (a) | 10,935,000 | 2,211,615 | |
SS&C Technologies Holdings, Inc. | 147,195 | 9,379,265 | |
SurveyMonkey (a) | 776,600 | 19,329,574 | |
System Research Co. Ltd. | 37,400 | 607,708 | |
Tenable Holdings, Inc. (a) | 843,000 | 31,730,520 | |
Toho System Science Co. Ltd. (b) | 12,100 | 108,073 | |
Workday, Inc. Class A (a) | 118,578 | 28,424,332 | |
Workiva, Inc. (a) | 310,593 | 18,324,987 | |
Yext, Inc. (a) | 534,611 | 10,617,374 | |
Zendesk, Inc. (a) | 208,767 | 20,120,963 | |
Zensar Technologies Ltd. | 25,000 | 58,800 | |
1,468,434,945 | |||
Technology Hardware, Storage & Peripherals - 1.3% | |||
Apple, Inc. | 3,580,060 | 461,970,942 | |
Dell Technologies, Inc. (a) | 10,000 | 660,800 | |
Elecom Co. Ltd. | 50,000 | 2,261,247 | |
HP, Inc. | 1,548,898 | 30,280,956 | |
MCJ Co. Ltd. | 157,600 | 1,403,170 | |
NetApp, Inc. | 140,000 | 6,634,600 | |
Samsung Electronics Co. Ltd. | 65,920 | 2,997,613 | |
Seagate Technology LLC | 200,000 | 9,598,000 | |
TSC Auto ID Technology Corp. | 13,000 | 80,086 | |
Western Digital Corp. | 459,621 | 17,658,639 | |
Xerox Holdings Corp. | 56,056 | 1,057,216 | |
534,603,269 | |||
TOTAL INFORMATION TECHNOLOGY | 3,495,930,520 | ||
MATERIALS - 1.4% | |||
Chemicals - 0.5% | |||
Albemarle Corp. U.S. | 196,300 | 17,865,263 | |
Amyris, Inc. (a)(b) | 1,183,843 | 3,883,005 | |
Balchem Corp. | 176,300 | 17,224,510 | |
C. Uyemura & Co. Ltd. | 74,000 | 5,191,144 | |
Cabot Corp. | 7,400 | 273,874 | |
CF Industries Holdings, Inc. | 30,000 | 978,900 | |
DuPont de Nemours, Inc. | 1,697,700 | 94,663,752 | |
Ecolab, Inc. | 22,826 | 4,498,548 | |
Innospec, Inc. | 174,911 | 13,064,103 | |
Isamu Paint Co. Ltd. | 2,600 | 69,962 | |
KPC Holdings Corp. | 7,154 | 247,904 | |
Linde PLC | 63,900 | 15,958,386 | |
Livent Corp. (a) | 1,675,514 | 14,208,359 | |
LyondellBasell Industries NV Class A | 152,800 | 10,005,344 | |
NOF Corp. | 21,600 | 876,930 | |
Nutrien Ltd. | 170,000 | 6,296,393 | |
PPG Industries, Inc. | 52,900 | 6,369,160 | |
Scientex Bhd | 590,400 | 1,332,315 | |
Toho Acetylene Co. Ltd. | 92,650 | 1,123,189 | |
Yara International ASA | 50,300 | 2,107,421 | |
Yip's Chemical Holdings Ltd. | 450,000 | 144,913 | |
216,383,375 | |||
Construction Materials - 0.2% | |||
Kunimine Industries Co. Ltd. | 5,000 | 45,603 | |
Mitani Sekisan Co. Ltd. | 16,400 | 902,724 | |
Summit Materials, Inc. (a) | 2,874,800 | 42,805,772 | |
Vulcan Materials Co. | 164,200 | 19,704,000 | |
63,458,099 | |||
Containers & Packaging - 0.1% | |||
Crown Holdings, Inc. (a) | 614,230 | 47,203,576 | |
Mayr-Melnhof Karton AG | 11,200 | 1,919,289 | |
Packaging Corp. of America | 15,000 | 1,518,600 | |
Silgan Holdings, Inc. | 18,100 | 688,886 | |
51,330,351 | |||
Metals & Mining - 0.6% | |||
ArcelorMittal SA Class A unit (a) | 101,800 | 1,278,608 | |
BHP Billiton Ltd. sponsored ADR (b) | 390,010 | 21,473,951 | |
Chubu Steel Plate Co. Ltd. | 169,800 | 1,179,935 | |
CI Resources Ltd. | 136,202 | 85,387 | |
CK-SAN-ETSU Co. Ltd. | 38,800 | 1,223,547 | |
Commercial Metals Co. | 881,100 | 18,388,557 | |
Compania de Minas Buenaventura SA sponsored ADR | 168,400 | 2,371,072 | |
First Quantum Minerals Ltd. | 1,791,600 | 17,732,630 | |
Freeport-McMoRan, Inc. | 877,391 | 13,696,074 | |
Labrador Iron Ore Royalty Corp. | 4,700 | 98,695 | |
Lundin Mining Corp. | 6,090,100 | 38,146,293 | |
Mount Gibson Iron Ltd. | 4,478,894 | 2,593,176 | |
Newmont Corp. | 1,520,100 | 102,272,328 | |
Pacific Metals Co. Ltd. (b) | 58,300 | 1,003,455 | |
Perenti Global Ltd. | 2,508,411 | 2,229,345 | |
Rio Tinto PLC sponsored ADR | 7,800 | 477,594 | |
Royal Gold, Inc. | 188,300 | 25,669,056 | |
St Barbara Ltd. | 500,000 | 1,272,274 | |
Teck Resources Ltd. Class B (sub. vtg.) | 97,400 | 1,123,085 | |
252,315,062 | |||
TOTAL MATERIALS | 583,486,887 | ||
REAL ESTATE - 1.2% | |||
Equity Real Estate Investment Trusts (REITs) - 1.0% | |||
Alexandria Real Estate Equities, Inc. | 33,700 | 5,674,406 | |
American Homes 4 Rent Class A | 112,100 | 3,210,544 | |
American Tower Corp. | 176,817 | 44,053,956 | |
Apartment Investment & Management Co. Class A | 620,300 | 22,349,409 | |
CoreSite Realty Corp. | 229,642 | 28,119,663 | |
Corporate Office Properties Trust (SBI) | 340,400 | 8,387,456 | |
CubeSmart | 168,100 | 5,315,322 | |
CyrusOne, Inc. | 291,700 | 24,365,701 | |
Digital Realty Trust, Inc. | 85,500 | 13,308,075 | |
Douglas Emmett, Inc. | 100,500 | 2,805,960 | |
Empire State Realty Trust, Inc. | 1,576,926 | 9,934,634 | |
Equinix, Inc. | 27,600 | 21,797,928 | |
Equity Lifestyle Properties, Inc. | 86,500 | 5,734,085 | |
Healthcare Trust of America, Inc. | 884,760 | 23,348,816 | |
Highwoods Properties, Inc. (SBI) | 98,200 | 3,658,932 | |
Lexington Corporate Properties Trust | 71,700 | 815,229 | |
Medical Properties Trust, Inc. | 1,780,130 | 33,074,815 | |
Outfront Media, Inc. | 1,149,940 | 19,468,484 | |
Potlatch Corp. | 431,193 | 19,852,126 | |
Prologis (REIT), Inc. | 235,400 | 23,977,844 | |
SBA Communications Corp. Class A | 51,400 | 15,731,998 | |
Simon Property Group, Inc. | 247,000 | 16,758,950 | |
Ventas, Inc. | 54,100 | 2,229,461 | |
VICI Properties, Inc. | 117,200 | 2,618,248 | |
Vornado Realty Trust | 297,700 | 10,666,591 | |
Weingarten Realty Investors (SBI) | 956,000 | 16,701,320 | |
Weyerhaeuser Co. | 698,900 | 21,183,659 | |
405,143,612 | |||
Real Estate Management & Development - 0.2% | |||
Arealink Co. Ltd. | 25,000 | 236,038 | |
CBRE Group, Inc. (a) | 1,120,600 | 52,701,818 | |
Cushman & Wakefield PLC (a) | 613,900 | 7,127,379 | |
Howard Hughes Corp. (a) | 217,600 | 12,862,336 | |
KE Holdings, Inc. ADR (a)(b) | 247,500 | 12,694,275 | |
Nisshin Group Holdings Co. | 64,700 | 246,790 | |
85,868,636 | |||
TOTAL REAL ESTATE | 491,012,248 | ||
UTILITIES - 1.2% | |||
Electric Utilities - 0.9% | |||
American Electric Power Co., Inc. | 143,800 | 11,335,754 | |
Duke Energy Corp. | 223,400 | 17,947,956 | |
Edison International | 207,100 | 10,868,608 | |
Entergy Corp. | 170,600 | 16,913,284 | |
Evergy, Inc. | 412,184 | 21,936,432 | |
Exelon Corp. | 1,382,266 | 51,019,438 | |
FirstEnergy Corp. | 267,600 | 7,650,684 | |
NextEra Energy, Inc. | 109,100 | 30,457,447 | |
PG&E Corp. (e) | 900,246 | 7,919,464 | |
PG&E Corp. (a) | 2,772,600 | 25,674,276 | |
PNM Resources, Inc. | 800,500 | 34,965,840 | |
PPL Corp. | 1,501,300 | 41,480,919 | |
Southern Co. | 1,367,500 | 71,356,150 | |
349,526,252 | |||
Gas Utilities - 0.0% | |||
Busan City Gas Co. Ltd. | 60,816 | 2,606,755 | |
China Resource Gas Group Ltd. | 764,000 | 3,583,692 | |
Enagas SA | 56,000 | 1,369,298 | |
Hokuriku Gas Co. | 6,200 | 182,344 | |
Keiyo Gas Co. Ltd. | 3,000 | 90,072 | |
Seoul City Gas Co. Ltd. | 13,199 | 754,702 | |
South Jersey Industries, Inc. | 661,500 | 14,652,225 | |
YESCO Co. Ltd. | 25,028 | 739,772 | |
23,978,860 | |||
Independent Power and Renewable Electricity Producers - 0.0% | |||
NextEra Energy Partners LP (b) | 42,000 | 2,533,440 | |
The AES Corp. | 504,700 | 8,958,425 | |
11,491,865 | |||
Multi-Utilities - 0.3% | |||
CenterPoint Energy, Inc. | 582,044 | 11,681,623 | |
Dominion Energy, Inc. | 704,117 | 55,230,937 | |
MDU Resources Group, Inc. | 1,101,100 | 26,007,982 | |
Sempra Energy | 97,900 | 12,105,335 | |
105,025,877 | |||
TOTAL UTILITIES | 490,022,854 | ||
TOTAL COMMON STOCKS | |||
(Cost $15,121,001,198) | 17,664,531,774 | ||
Nonconvertible Preferred Stocks - 0.1% | |||
INFORMATION TECHNOLOGY - 0.1% | |||
Technology Hardware, Storage & Peripherals - 0.1% | |||
Samsung Electronics Co. Ltd. | 1,200,640 | 48,025,398 | |
UTILITIES - 0.0% | |||
Electric Utilities - 0.0% | |||
Companhia Paranaense de Energia-Copel (PN-B) | 40,600 | 457,838 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $49,179,907) | 48,483,236 | ||
Equity Funds - 55.3% | |||
Large Blend Funds - 4.1% | |||
Fidelity SAI U.S. Large Cap Index Fund (g) | 51,497,390 | 975,875,537 | |
Fidelity SAI U.S. Low Volatility Index Fund (g) | 42,548,983 | 670,146,484 | |
TOTAL LARGE BLEND FUNDS | 1,646,022,021 | ||
Large Growth Funds - 37.3% | |||
Fidelity Contrafund (g) | 163,526,096 | 2,866,612,458 | |
Fidelity Growth Company Fund (g) | 133,552,067 | 4,304,383,131 | |
Fidelity Magellan Fund (g) | 162,858,223 | 2,052,013,610 | |
Fidelity SAI U.S. Momentum Index Fund (g) | 61,439,029 | 1,059,823,242 | |
Fidelity SAI U.S. Quality Index Fund (g) | 275,653,627 | 4,771,564,278 | |
TOTAL LARGE GROWTH FUNDS | 15,054,396,719 | ||
Large Value Funds - 9.2% | |||
Fidelity Large Cap Value Enhanced Index Fund (g) | 180,590,509 | 2,280,858,129 | |
Fidelity SAI U.S. Value Index Fund (g) | 157,046,403 | 1,438,545,052 | |
TOTAL LARGE VALUE FUNDS | 3,719,403,181 | ||
Small Blend Funds - 4.0% | |||
Fidelity Small Cap Discovery Fund (g) | 12,932,562 | 266,798,755 | |
Fidelity Small Cap Index Fund (g) | 67,062,539 | 1,330,520,768 | |
TOTAL SMALL BLEND FUNDS | 1,597,319,523 | ||
Small Growth Funds - 0.7% | |||
Fidelity Small Cap Growth Fund (g) | 8,723,036 | 262,301,703 | |
TOTAL EQUITY FUNDS | |||
(Cost $17,822,333,387) | 22,279,443,147 | ||
Other - 0.0% | |||
Commodity Funds - Broad Basket - 0.0% | |||
Fidelity SAI Inflation-Focused Fund (g) | |||
(Cost $6,500,000) | 831,202 | 8,320,332 | |
Money Market Funds - 1.1% | |||
Fidelity Cash Central Fund 0.12% (h) | 282,564,076 | 282,620,589 | |
Fidelity Securities Lending Cash Central Fund 0.11% (h)(i) | 137,027,421 | 137,041,124 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $419,657,951) | 419,661,713 | ||
TOTAL INVESTMENT IN SECURITIES - 100.3% | |||
(Cost $33,418,672,443) | 40,420,440,202 | ||
NET OTHER ASSETS (LIABILITIES) - (0.3)% | (111,982,716) | ||
NET ASSETS - 100% | $40,308,457,486 |
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Level 3 security
(d) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $23,048,801 or 0.1% of net assets.
(e) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $17,657,464 or 0.0% of net assets.
(f) Affiliated company
(g) Affiliated Fund
(h) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(i) Investment made with cash collateral received from securities on loan.
Additional information on each restricted holding is as follows:
Security | Acquisition Date | Acquisition Cost |
PG&E Corp. | 6/30/20 | $8,552,337 |
Vertiv Holdings LLC | 2/6/20 | $6,000,000 |
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $102,547 |
Fidelity Securities Lending Cash Central Fund | 1,335,522 |
Total | $1,438,069 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds, excluding any Money Market Central Funds, is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur.
Affiliate | Value, beginning of period | Purchases | Sales Proceeds | Dividend Income | Realized Gain (loss) | Change in Unrealized appreciation (depreciation) | Value, end of period |
Fidelity Contrafund | $2,344,964,212 | $-- | $-- | $-- | $-- | $521,648,246 | $2,866,612,458 |
Fidelity Growth Company Fund | 3,188,414,591 | 100,000,000 | -- | -- | -- | 1,015,968,540 | 4,304,383,131 |
Fidelity Large Cap Value Enhanced Index Fund | 1,962,505,180 | 150,000,000 | -- | -- | -- | 168,352,949 | 2,280,858,129 |
Fidelity Magellan Fund | 1,734,440,075 | -- | -- | -- | -- | 317,573,535 | 2,052,013,610 |
Fidelity SAI Inflation-Focused Fund | 7,015,345 | -- | -- | -- | -- | 1,304,987 | 8,320,332 |
Fidelity SAI U.S. Large Cap Index Fund | 2,085,384,411 | 1,592,120,415 | 3,022,816,625 | -- | 313,210,060 | 7,977,276 | 975,875,537 |
Fidelity SAI U.S. Low Volatility Index Fund | 615,258,296 | -- | -- | -- | -- | 54,888,188 | 670,146,484 |
Fidelity SAI U.S. Momentum Index Fund | 654,081,230 | 250,000,000 | -- | -- | -- | 155,742,012 | 1,059,823,242 |
Fidelity SAI U.S. Quality Index Fund | 3,701,607,976 | 410,000,000 | -- | -- | -- | 659,956,302 | 4,771,564,278 |
Fidelity SAI U.S. Value Index Fund | 1,201,926,152 | 175,000,000 | -- | -- | -- | 61,618,900 | 1,438,545,052 |
Fidelity Small Cap Discovery Fund | 183,429,936 | 60,000,000 | -- | -- | -- | 23,368,819 | 266,798,755 |
Fidelity Small Cap Growth Fund | 173,905,565 | 60,000,000 | -- | -- | -- | 28,396,138 | 262,301,703 |
Fidelity Small Cap Index Fund | 962,441,329 | 242,231,906 | -- | 2,231,906 | -- | 125,847,533 | 1,330,520,768 |
Total | $18,815,374,298 | $3,039,352,321 | $3,022,816,625 | $2,231,906 | $313,210,060 | $3,142,643,425 | $22,287,763,479 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Funds valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
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