0001752724-21-248629.txt : 20211122 0001752724-21-248629.hdr.sgml : 20211122 20211122133240 ACCESSION NUMBER: 0001752724-21-248629 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211122 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CONTRAFUND CENTRAL INDEX KEY: 0000024238 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-01400 FILM NUMBER: 211431300 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CONTRAFUND INC DATE OF NAME CHANGE: 19850618 FORMER COMPANY: FORMER CONFORMED NAME: CONTRAFUND INC DATE OF NAME CHANGE: 19810203 0000024238 S000006037 Fidelity Contrafund C000016601 Fidelity Contrafund FCNTX C000064233 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0.009784627572 Long EP CORP US Y 3 N N N PROLOGIS INC 529900DFH19P073LZ636 PROLOGIS INC REIT 74340W103 787544.00000000 NS USD 98781643.92000000 0.070830057520 Long EC CORP US N 1 N N N ZAI LAB LTD 549300P2UYQ9U5LY1T58 ZAI LAB LTD UNSPNRD ADR 98887Q104 63075.00000000 NS USD 6647474.25000000 0.004766482565 Long EC CORP KY N 1 N N N CELANESE CORP DEL 549300FHJQTDPPN41627 CELANESE CORP 150870103 82785.00000000 NS USD 12470732.40000000 0.008941971991 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 1680593.00000000 NS USD 4493098997.36000000 3.221716584181 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 396587.00000000 NS USD 38734652.29000000 0.027774164722 Long EC CORP US N 1 N N N COUPANG INC 549300XR4L1D80AK4W76 COUPANG INC A 22266T109 8286619.00000000 NS USD 230782339.15000000 0.165479391798 Long EC CORP US N 1 N N FANATICS INC N/A FANATICS HOLDINGS INC CLASS A PP N/A 1673822.00000000 NS USD 79288948.14000000 0.056853080538 Long EC CORP US Y 3 N N N TENSTORRENT N/A TENSTORRENT INC SER C-1 PC PP N/A 200200.00000000 NS USD 11902750.86000000 0.008534708419 Long EP CORP US Y 3 N N N DELIVEROO PLC 984500F6537F74DDEE77 DELIVEROO HOLDINGS PLC CL A N/A 12126357.00000000 NS 46917932.76000000 0.033641876610 Long EC CORP GB N 2 N N N RAPYD FINANCIAL NETWORK 2016 LTD N/A RAPYD FINANCIAL NETWORK 2016 LTD N/A 340545.00000000 NS USD 24999987.38000000 0.017925906817 Long EC CORP IL Y 3 N N N DISNEY (WALT) CO 549300GZKULIZ0WOW665 DISNEY (WALT) CO 254687106 5212434.00000000 NS USD 881787459.78000000 0.632273912630 Long EC CORP US N 1 N N N SEA LTD 529900OM6JLLW44YKI15 SEA LTD ADR 81141R100 243239.00000000 NS USD 77527566.47000000 0.055590105353 Long EC CORP KY N 1 N N N 2021-10-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_22_20210930.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Contrafund®
September 30, 2021
CON-NPRT3-1121
1.807733.117
Common Stocks - 97.3%
 
 
Shares
Value ($)
(000s)
 
COMMUNICATION SERVICES - 21.3%
 
 
 
Entertainment - 3.3%
 
 
 
Activision Blizzard, Inc.
 
4,372,034
338,352
Netflix, Inc. (a)
 
5,254,431
3,206,989
Roblox Corp. (a)
 
972,394
73,464
Sea Ltd. ADR (a)
 
243,239
77,528
The Walt Disney Co. (a)
 
5,212,434
881,787
Universal Music Group NV
 
2,050,200
54,620
Warner Music Group Corp. Class A
 
255,484
10,919
 
 
 
4,643,659
Interactive Media & Services - 17.1%
 
 
 
Alphabet, Inc.:
 
 
 
 Class A (a)
 
1,680,593
4,493,099
 Class C (a)
 
1,553,498
4,140,554
Bumble, Inc. (b)
 
2,039,432
101,931
Facebook, Inc. Class A (a)
 
41,874,746
14,211,864
Snap, Inc. Class A (a)
 
9,910,366
732,079
Zoominfo Technologies, Inc. (a)
 
1,271,554
77,806
 
 
 
23,757,333
Media - 0.5%
 
 
 
Charter Communications, Inc. Class A (a)
 
468,450
340,825
Comcast Corp. Class A
 
5,246,745
293,450
Liberty Media Corp. Liberty Formula One Group Series C (a)
 
1,328,633
68,305
 
 
 
702,580
Wireless Telecommunication Services - 0.4%
 
 
 
T-Mobile U.S., Inc. (a)
 
4,261,812
544,489
TOTAL COMMUNICATION SERVICES
 
 
29,648,061
CONSUMER DISCRETIONARY - 13.9%
 
 
 
Automobiles - 0.6%
 
 
 
General Motors Co. (a)
 
5,590,202
294,660
Hyundai Motor Co.
 
651,600
108,422
Rad Power Bikes, Inc. (a)(c)(d)
 
2,588,458
24,807
Tesla, Inc. (a)
 
19,748
15,314
Toyota Motor Corp.
 
16,368,960
291,652
XPeng, Inc. Class A
 
4,082,654
70,093
 
 
 
804,948
Diversified Consumer Services - 0.0%
 
 
 
Duolingo, Inc. (a)
 
86,312
14,359
Hotels, Restaurants & Leisure - 0.6%
 
 
 
Airbnb, Inc. Class A
 
2,083,818
349,560
Booking Holdings, Inc. (a)
 
5,900
14,006
Caesars Entertainment, Inc. (a)
 
125,800
14,125
Chipotle Mexican Grill, Inc. (a)
 
139,130
252,872
Churchill Downs, Inc.
 
51,304
12,317
Dutch Bros, Inc.
 
282,300
12,229
Evolution AB (e)
 
297,343
45,029
Hilton Worldwide Holdings, Inc. (a)
 
889,586
117,523
 
 
 
817,661
Household Durables - 0.4%
 
 
 
D.R. Horton, Inc.
 
1,322,971
111,090
Garmin Ltd.
 
938,159
145,846
Lennar Corp. Class A
 
1,554,656
145,640
Mohawk Industries, Inc. (a)
 
501,771
89,014
Sony Group Corp.
 
253,900
28,188
Tempur Sealy International, Inc.
 
1,212,667
56,280
 
 
 
576,058
Internet & Direct Marketing Retail - 9.4%
 
 
 
Amazon.com, Inc. (a)
 
3,450,568
11,335,254
Cazoo Group Ltd. (a)(c)
 
1,619,500
11,954
Cazoo Group Ltd.
 
7,242,211
50,645
Coupang, Inc. Class A (a)(b)
 
8,286,619
230,782
Deliveroo PLC (a)
 
43,406,200
167,449
Deliveroo PLC Class A (a)(e)
 
12,126,357
46,918
Doordash, Inc.
 
1,376,806
283,594
eBay, Inc.
 
9,843,645
685,807
Etsy, Inc. (a)
 
362,950
75,479
Global-e Online Ltd.
 
173,838
12,482
Warby Parker, Inc.
 
258,100
13,692
Wayfair LLC Class A (a)
 
325,361
83,133
Zomato Ltd. (a)(c)
 
36,025,900
56,397
ZOZO, Inc.
 
787,456
29,502
 
 
 
13,083,088
Leisure Products - 0.0%
 
 
 
Thule Group AB (e)
 
562,126
28,183
YETI Holdings, Inc. (a)
 
144,385
12,372
 
 
 
40,555
Specialty Retail - 1.9%
 
 
 
Academy Sports & Outdoors, Inc.
 
3,827,271
153,167
AutoZone, Inc. (a)
 
64,819
110,062
Best Buy Co., Inc.
 
641,825
67,847
Burlington Stores, Inc. (a)
 
251,181
71,227
Carvana Co. Class A (a)
 
73,661
22,212
Dick's Sporting Goods, Inc.
 
1,176,984
140,967
Fanatics, Inc. Class A (c)(d)
 
1,673,822
79,289
JD Sports Fashion PLC
 
932,600
13,106
Lithia Motors, Inc. Class A (sub. vtg.)
 
205,863
65,267
National Vision Holdings, Inc. (a)
 
1,068,314
60,648
O'Reilly Automotive, Inc. (a)
 
285,655
174,552
Pet Center Comercio e Participacoes SA
 
2,912,300
12,546
The Home Depot, Inc.
 
4,027,209
1,321,972
TJX Companies, Inc.
 
3,849,451
253,987
Williams-Sonoma, Inc.
 
938,512
166,426
 
 
 
2,713,275
Textiles, Apparel & Luxury Goods - 1.0%
 
 
 
Allbirds, Inc. (a)(c)(d)
 
867,565
9,994
Crocs, Inc. (a)
 
110,243
15,818
Deckers Outdoor Corp. (a)
 
581,867
209,588
Dr. Martens Ltd. (a)
 
12,099,641
64,621
lululemon athletica, Inc. (a)
 
180,774
73,159
LVMH Moet Hennessy Louis Vuitton SE
 
33,357
23,892
NIKE, Inc. Class B
 
5,412,220
786,017
On Holding AG
 
992,400
29,901
On Holding AG (a)
 
3,250,000
88,130
Under Armour, Inc. Class A (sub. vtg.) (a)
 
1,222,813
24,676
 
 
 
1,325,796
TOTAL CONSUMER DISCRETIONARY
 
 
19,375,740
CONSUMER STAPLES - 2.4%
 
 
 
Beverages - 0.3%
 
 
 
Anheuser-Busch InBev SA NV
 
246,900
14,004
Diageo PLC
 
1,112,233
53,849
Keurig Dr. Pepper, Inc.
 
449,946
15,370
Monster Beverage Corp. (a)
 
531,619
47,224
PepsiCo, Inc.
 
878,731
132,170
The Coca-Cola Co.
 
2,930,570
153,767
 
 
 
416,384
Food & Staples Retailing - 1.0%
 
 
 
Costco Wholesale Corp.
 
3,010,648
1,352,835
Food Products - 0.0%
 
 
 
Oatly Group AB ADR
 
20,496
310
Personal Products - 1.1%
 
 
 
Estee Lauder Companies, Inc. Class A
 
4,626,823
1,387,723
L'Oreal SA
 
193,059
79,889
L'Oreal SA (a)
 
190,592
78,868
Olaplex Holdings, Inc.
 
1,364,064
28,645
 
 
 
1,575,125
TOTAL CONSUMER STAPLES
 
 
3,344,654
ENERGY - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Canadian Natural Resources Ltd.
 
2,493,113
91,154
Cheniere Energy, Inc.
 
467,100
45,622
Hess Corp.
 
553,806
43,258
Reliance Industries Ltd.
 
4,115,539
139,398
 
 
 
319,432
FINANCIALS - 12.1%
 
 
 
Banks - 2.8%
 
 
 
Bank of America Corp.
 
31,622,958
1,342,395
JPMorgan Chase & Co.
 
8,828,929
1,445,207
Kotak Mahindra Bank Ltd. (a)
 
4,574,666
123,211
Royal Bank of Canada
 
4,189,916
416,908
Starling Bank Ltd. Series D (a)(d)
 
23,277,483
40,596
SVB Financial Group (a)
 
72,234
46,727
The Toronto-Dominion Bank
 
5,016,467
332,094
Wells Fargo & Co.
 
4,232,441
196,428
 
 
 
3,943,566
Capital Markets - 2.0%
 
 
 
BlackRock, Inc. Class A
 
663,442
556,402
Blackstone, Inc.
 
155,704
18,115
Brookfield Asset Management, Inc. (Canada) Class A
 
1,409,307
75,517
Carlyle Group LP
 
303,811
14,364
Charles Schwab Corp.
 
853,490
62,168
Coinbase Global, Inc. (a)
 
293,279
66,715
Goldman Sachs Group, Inc.
 
1,187,315
448,841
Moody's Corp.
 
253,566
90,044
Morgan Stanley
 
10,340,845
1,006,268
MSCI, Inc.
 
467,507
284,403
NASDAQ, Inc.
 
76,003
14,670
S&P Global, Inc.
 
165,972
70,520
 
 
 
2,708,027
Consumer Finance - 0.3%
 
 
 
American Express Co.
 
503,578
84,364
Capital One Financial Corp.
 
2,229,229
361,068
 
 
 
445,432
Diversified Financial Services - 5.6%
 
 
 
Berkshire Hathaway, Inc. Class A (a)
 
18,936
7,789,873
Rapyd Financial Network 2016 Ltd. (c)(d)
 
340,545
25,000
 
 
 
7,814,873
Insurance - 1.4%
 
 
 
Admiral Group PLC
 
6,754,067
282,208
AIA Group Ltd.
 
3,577,373
41,156
American International Group, Inc.
 
5,343,572
293,309
Arthur J. Gallagher & Co.
 
768,178
114,190
Brookfield Asset Management Reinsurance Partners Ltd.
 
7,891
437
Chubb Ltd.
 
2,290,533
397,362
Direct Line Insurance Group PLC
 
3,370,879
13,120
Fairfax Financial Holdings Ltd. (sub. vtg.)
 
145,835
58,872
Hartford Financial Services Group, Inc.
 
1,399,414
98,309
Intact Financial Corp.
 
610,174
80,682
Oscar Health, Inc.
 
2,886,059
50,189
Oscar Health, Inc. (a)(e)
 
227,820
3,962
Progressive Corp.
 
2,907,306
262,791
The Travelers Companies, Inc.
 
1,722,559
261,846
 
 
 
1,958,433
TOTAL FINANCIALS
 
 
16,870,331
HEALTH CARE - 11.1%
 
 
 
Biotechnology - 2.0%
 
 
 
AbbVie, Inc.
 
3,461,737
373,418
Alector, Inc. (a)
 
146,517
3,344
Alnylam Pharmaceuticals, Inc. (a)
 
103,655
19,571
BioNTech SE ADR (a)
 
246,737
67,357
Blueprint Medicines Corp. (a)
 
50,742
5,217
Cullinan Oncology, Inc.
 
94,919
2,142
Genmab A/S (a)
 
40,025
17,488
Horizon Therapeutics PLC (a)
 
4,567,025
500,272
Idorsia Ltd. (a)
 
2,611,199
62,956
Innovent Biologics, Inc. (a)(e)
 
1,841,040
17,730
Intarcia Therapeutics, Inc. warrants 12/31/24 (a)(d)
 
105,983
0
Intellia Therapeutics, Inc. (a)
 
865,915
116,162
Moderna, Inc. (a)
 
244,888
94,248
Regeneron Pharmaceuticals, Inc. (a)
 
2,018,666
1,221,656
Vertex Pharmaceuticals, Inc. (a)
 
938,947
170,316
Zai Lab Ltd. (a)
 
526,722
56,444
Zai Lab Ltd. ADR (a)
 
63,075
6,647
 
 
 
2,734,968
Health Care Equipment & Supplies - 2.4%
 
 
 
Abbott Laboratories
 
1,889,909
223,255
Alcon, Inc.
 
176,000
14,163
Align Technology, Inc. (a)
 
274,810
182,867
Danaher Corp.
 
4,070,933
1,239,355
DexCom, Inc. (a)
 
210,012
114,847
Edwards Lifesciences Corp. (a)
 
2,662,438
301,415
Envista Holdings Corp. (a)
 
2,360,470
98,691
Hologic, Inc. (a)
 
1,147,335
84,685
Intuitive Surgical, Inc. (a)
 
677,438
673,475
Medtronic PLC
 
1,091,659
136,839
Sonova Holding AG Class B
 
274,382
103,691
Stryker Corp.
 
219,062
57,771
West Pharmaceutical Services, Inc.
 
126,650
53,768
 
 
 
3,284,822
Health Care Providers & Services - 3.4%
 
 
 
agilon health, Inc.
 
919,500
24,100
AmerisourceBergen Corp.
 
694,007
82,899
Cano Health, Inc. (c)
 
5,743,745
72,831
dentalcorp Holdings Ltd. (a)
 
3,399,648
44,475
Guardant Health, Inc. (a)
 
146,864
18,359
HCA Holdings, Inc.
 
1,288,281
312,692
Henry Schein, Inc. (a)
 
227,533
17,329
Molina Healthcare, Inc. (a)
 
52,500
14,244
Option Care Health, Inc. (a)
 
3,307,755
80,246
Owens & Minor, Inc.
 
195,878
6,129
UnitedHealth Group, Inc.
 
10,425,102
4,073,504
 
 
 
4,746,808
Health Care Technology - 0.1%
 
 
 
Doximity, Inc. (b)
 
563,830
45,501
GoodRx Holdings, Inc.
 
201,684
8,273
Medlive Technology Co. Ltd. (e)
 
2,967,356
14,208
Veeva Systems, Inc. Class A (a)
 
358,513
103,313
 
 
 
171,295
Life Sciences Tools & Services - 1.6%
 
 
 
23andMe Holding Co. (a)(c)
 
2,026,087
18,356
23andMe Holding Co.:
 
 
 
 Class A
 
382,180
3,289
 Class B
 
10,938,109
94,144
Bio-Rad Laboratories, Inc. Class A (a)
 
252,397
188,276
Charles River Laboratories International, Inc. (a)
 
126,988
52,404
Eurofins Scientific SA
 
903,878
115,810
IQVIA Holdings, Inc. (a)
 
885,181
212,036
Maravai LifeSciences Holdings, Inc.
 
3,355,940
164,710
Mettler-Toledo International, Inc. (a)
 
444,938
612,840
Thermo Fisher Scientific, Inc.
 
1,005,851
574,673
Veterinary Emergency Group LLC Class A (c)(d)(f)
 
564,600
18,149
Waters Corp. (a)
 
457,109
163,325
WuXi AppTec Co. Ltd. (H Shares) (e)
 
976,452
22,732
 
 
 
2,240,744
Pharmaceuticals - 1.6%
 
 
 
Arvinas Holding Co. LLC (a)
 
184,760
15,184
AstraZeneca PLC (United Kingdom)
 
247,883
29,874
Bristol-Myers Squibb Co.
 
1,321,239
78,178
Eli Lilly & Co.
 
6,330,101
1,462,570
Jazz Pharmaceuticals PLC (a)
 
744,723
96,970
Nuvation Bio, Inc. (a)(c)
 
3,572,265
35,508
Nuvation Bio, Inc. (a)(b)
 
7,009,471
69,674
Pfizer, Inc.
 
1,565,569
67,335
Royalty Pharma PLC
 
2,543,989
91,940
UCB SA
 
496,319
55,576
Zoetis, Inc. Class A
 
1,355,831
263,221
 
 
 
2,266,030
TOTAL HEALTH CARE
 
 
15,444,667
INDUSTRIALS - 3.2%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Northrop Grumman Corp.
 
325,306
117,159
Space Exploration Technologies Corp.:
 
 
 
 Class A (a)(c)(d)
 
347,648
146,009
 Class C (a)(c)(d)
 
12,991
5,456
 
 
 
268,624
Air Freight & Logistics - 0.7%
 
 
 
Expeditors International of Washington, Inc.
 
304,006
36,216
GXO Logistics, Inc. (a)
 
89,629
7,030
United Parcel Service, Inc. Class B
 
4,763,906
867,507
 
 
 
910,753
Airlines - 0.0%
 
 
 
Joby Aviation, Inc. (a)(c)
 
1,388,830
13,972
Building Products - 0.6%
 
 
 
Carrier Global Corp.
 
2,111,337
109,283
Fortune Brands Home & Security, Inc.
 
3,684,339
329,454
Toto Ltd.
 
3,194,586
152,115
Trane Technologies PLC
 
1,277,235
220,515
 
 
 
811,367
Commercial Services & Supplies - 0.4%
 
 
 
Cintas Corp.
 
629,443
239,604
Clean TeQ Water Pty Ltd. (b)
 
2,205,055
1,061
GFL Environmental, Inc. (b)
 
2,055,274
76,353
TulCo LLC (a)(c)(d)(f)
 
140,771
196,076
 
 
 
513,094
Electrical Equipment - 0.2%
 
 
 
Generac Holdings, Inc. (a)
 
168,333
68,793
Vertiv Holdings Co.
 
940,468
22,656
Vestas Wind Systems A/S
 
5,253,060
210,743
 
 
 
302,192
Industrial Conglomerates - 0.4%
 
 
 
General Electric Co.
 
5,788,693
596,409
Honeywell International, Inc.
 
166,223
35,286
 
 
 
631,695
Machinery - 0.4%
 
 
 
Deere & Co.
 
767,775
257,258
Ingersoll Rand, Inc. (a)
 
2,412,913
121,635
Kornit Digital Ltd. (a)
 
111,683
16,165
Nordson Corp.
 
47,864
11,399
Otis Worldwide Corp.
 
1,396,410
114,897
Pentair PLC
 
388,125
28,190
 
 
 
549,544
Professional Services - 0.2%
 
 
 
Clarivate Analytics PLC (a)
 
318,013
6,964
Equifax, Inc.
 
598,959
151,788
Recruit Holdings Co. Ltd.
 
271,630
16,604
Thomson Reuters Corp.
 
735,668
81,344
 
 
 
256,700
Road & Rail - 0.1%
 
 
 
Canadian Pacific Railway Ltd. (b)
 
2,022,003
132,038
J.B. Hunt Transport Services, Inc.
 
336,183
56,217
XPO Logistics, Inc. (a)
 
89,629
7,133
 
 
 
195,388
TOTAL INDUSTRIALS
 
 
4,453,329
INFORMATION TECHNOLOGY - 31.0%
 
 
 
Electronic Equipment & Components - 1.4%
 
 
 
Amphenol Corp. Class A
 
21,862,472
1,600,989
CDW Corp.
 
479,925
87,356
Keysight Technologies, Inc. (a)
 
284,188
46,689
Samsung SDI Co. Ltd.
 
129,914
77,489
Zebra Technologies Corp. Class A (a)
 
290,460
149,709
 
 
 
1,962,232
IT Services - 6.8%
 
 
 
Accenture PLC Class A
 
3,365,853
1,076,804
Adyen BV (a)(e)
 
163,587
457,285
Affirm Holdings, Inc. (b)
 
587,612
70,002
Affirm Holdings, Inc. (e)
 
2,344,983
279,358
ASAC II LP (a)(c)(d)
 
39,494,500
6,635
Cloudflare, Inc. (a)
 
7,944,828
894,985
EPAM Systems, Inc. (a)
 
24,543
14,001
MasterCard, Inc. Class A
 
2,270,870
789,536
MongoDB, Inc. Class A (a)
 
696,496
328,405
Nuvei Corp. (e)
 
143,767
16,470
Okta, Inc. (a)
 
1,360,447
322,888
PayPal Holdings, Inc. (a)
 
6,474,066
1,684,617
Remitly Global, Inc. (b)
 
334,800
12,287
Shopify, Inc. Class A (a)
 
701,979
952,831
Snowflake Computing, Inc.
 
185,115
55,984
Square, Inc.
 
263,497
63,197
Thoughtworks Holding, Inc.
 
502,000
14,412
Toast, Inc.
 
345,600
17,263
Twilio, Inc. Class A (a)
 
64,911
20,710
Visa, Inc. Class A (b)
 
11,024,756
2,455,764
 
 
 
9,533,434
Semiconductors & Semiconductor Equipment - 6.1%
 
 
 
Advanced Micro Devices, Inc. (a)
 
8,467,343
871,290
Ambarella, Inc. (a)
 
69,398
10,808
Analog Devices, Inc.
 
2,422,432
405,709
Applied Materials, Inc.
 
1,908,108
245,631
ASML Holding NV
 
129,039
96,148
Lam Research Corp.
 
1,080,569
615,006
Lattice Semiconductor Corp. (a)
 
1,274,155
82,374
Marvell Technology, Inc.
 
3,358,850
202,572
Monolithic Power Systems, Inc.
 
33,537
16,255
NVIDIA Corp.
 
16,423,359
3,402,263
NXP Semiconductors NV
 
8,578
1,680
ON Semiconductor Corp. (a)
 
1,251,238
57,269
Qorvo, Inc. (a)
 
1,091,749
182,530
Qualcomm, Inc.
 
10,989,241
1,417,392
Semtech Corp. (a)
 
372,598
29,051
Silergy Corp.
 
110,000
16,013
SiTime Corp. (a)
 
77,289
15,780
Skyworks Solutions, Inc.
 
901,946
148,623
Synaptics, Inc. (a)(g)
 
2,372,410
426,393
Texas Instruments, Inc.
 
937,756
180,246
 
 
 
8,423,033
Software - 13.3%
 
 
 
Adobe, Inc. (a)
 
5,580,737
3,212,942
Atlassian Corp. PLC (a)
 
2,347,893
919,012
Cadence Design Systems, Inc. (a)
 
1,257,675
190,462
Ceridian HCM Holding, Inc. (a)
 
261,800
29,484
Clear Secure, Inc.
 
436,575
17,921
Crowdstrike Holdings, Inc. (a)
 
486,978
119,689
Datadog, Inc. Class A (a)
 
829,365
117,231
DocuSign, Inc. (a)
 
421,531
108,515
Dropbox, Inc. Class A (a)
 
3,322,567
97,085
Duck Creek Technologies, Inc. (a)
 
1,065,129
47,121
Dynatrace, Inc. (a)
 
3,126,603
221,895
Epic Games, Inc. (a)(c)(d)
 
123,700
109,475
Fortinet, Inc. (a)
 
135,687
39,626
HubSpot, Inc. (a)
 
135,121
91,354
Intuit, Inc.
 
1,092,623
589,481
KnowBe4, Inc. (a)
 
1,480,844
32,519
Microsoft Corp.
 
28,173,622
7,942,708
Monday.com Ltd.
 
102,225
33,346
Palo Alto Networks, Inc. (a)
 
67,038
32,111
Paycom Software, Inc. (a)
 
44,503
22,062
Qualtrics International, Inc.
 
660,694
28,238
Salesforce.com, Inc. (a)
 
14,547,631
3,945,608
SentinelOne, Inc.
 
689,660
36,945
ServiceNow, Inc. (a)
 
509,222
316,874
Stripe, Inc. Class B (a)(c)(d)
 
455,600
18,281
Tanium, Inc. Class B (a)(c)(d)
 
6,742,751
75,654
Workday, Inc. Class A (a)
 
54,000
13,494
Xero Ltd. (a)
 
393,163
38,581
Zoom Video Communications, Inc. Class A (a)
 
23,614
6,175
Zscaler, Inc. (a)
 
304,564
79,863
 
 
 
18,533,752
Technology Hardware, Storage & Peripherals - 3.4%
 
 
 
Apple, Inc.
 
32,128,545
4,546,189
Dell Technologies, Inc. (a)
 
1,971,489
205,114
 
 
 
4,751,303
TOTAL INFORMATION TECHNOLOGY
 
 
43,203,754
MATERIALS - 2.0%
 
 
 
Chemicals - 0.6%
 
 
 
Celanese Corp. Class A
 
82,785
12,471
Sherwin-Williams Co.
 
2,826,595
790,683
Westlake Chemical Corp.
 
170,955
15,581
 
 
 
818,735
Containers & Packaging - 0.0%
 
 
 
Silgan Holdings, Inc.
 
1,102,315
42,285
Metals & Mining - 1.4%
 
 
 
ArcelorMittal SA Class A unit (b)
 
2,194,960
66,200
B2Gold Corp.
 
44,696,998
152,801
Barrick Gold Corp. (Canada)
 
6,695,567
120,897
Cleveland-Cliffs, Inc. (a)
 
4,228,971
83,776
Franco-Nevada Corp.
 
4,119,016
535,121
Freeport-McMoRan, Inc.
 
6,326,524
205,802
Gatos Silver, Inc.
 
2,179,852
25,352
Ivanhoe Electric, Inc. (c)(d)
 
14,154,085
11,748
Ivanhoe Mines Ltd. (a)
 
42,041,445
268,858
Ivanhoe Mines Ltd. (a)(e)
 
12,111,540
77,454
Novagold Resources, Inc. (a)
 
6,722,942
46,285
Nucor Corp.
 
2,291,025
225,643
Steel Dynamics, Inc.
 
1,698,315
99,317
Stelco Holdings, Inc.
 
405,822
11,893
Sunrise Energy Metals Ltd. (a)(b)
 
4,410,110
5,034
 
 
 
1,936,181
TOTAL MATERIALS
 
 
2,797,201
REAL ESTATE - 0.1%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.1%
 
 
 
Equity Commonwealth
 
1,708,792
44,394
Prologis (REIT), Inc.
 
787,544
98,782
 
 
 
143,176
UTILITIES - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Southern Co.
 
220,795
13,683
 
TOTAL COMMON STOCKS
 (Cost $46,200,181)
 
 
 
135,614,028
 
 
 
 
Convertible Preferred Stocks - 0.9%
 
 
Shares
Value ($)
(000s)
 
CONSUMER DISCRETIONARY - 0.2%
 
 
 
Automobiles - 0.1%
 
 
 
Rad Power Bikes, Inc.:
 
 
 
 Series A (c)(d)
 
337,463
3,234
 Series C (a)(c)(d)
 
1,327,879
12,726
 Series D (c)(d)
 
2,329,100
22,322
Rivian Automotive, Inc. Series F (a)(c)(d)
 
954,421
57,475
 
 
 
95,757
Internet & Direct Marketing Retail - 0.1%
 
 
 
GoBrands, Inc.:
 
 
 
 Series G (a)(c)(d)
 
55,517
21,568
 Series H (a)(c)(d)
 
69,898
27,155
Reddit, Inc.:
 
 
 
 Series E (a)(c)(d)
 
165,300
10,215
 Series F (c)(d)
 
878,650
54,296
 
 
 
113,234
Specialty Retail - 0.0%
 
 
 
Aurora Innovation, Inc. Series B (a)(c)
 
2,121,140
38,815
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Allbirds, Inc.:
 
 
 
 Series A (a)(c)(d)
 
342,405
3,945
 Series B (a)(c)(d)
 
60,155
693
 Series C (a)(c)(d)
 
574,905
6,623
 Series Seed (a)(c)(d)
 
183,970
2,119
Discord, Inc. Series I (a)(c)(d)
 
15,500
8,535
 
 
 
21,915
TOTAL CONSUMER DISCRETIONARY
 
 
269,721
CONSUMER STAPLES - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Bowery Farming, Inc. Series C1 (c)(d)
 
226,491
13,646
FINANCIALS - 0.0%
 
 
 
Thrifts & Mortgage Finance - 0.0%
 
 
 
Acrisure Holdings, Inc. Series B (a)(c)(d)
 
379,681
6,193
HEALTH CARE - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
ElevateBio LLC Series C (c)(d)
 
3,224,900
13,528
Intarcia Therapeutics, Inc. Series CC (a)(c)(d)
 
2,100,446
0
 
 
 
13,528
Health Care Providers & Services - 0.0%
 
 
 
Get Heal, Inc. Series B (a)(c)(d)
 
35,877,127
1,409
Lyra Health, Inc.:
 
 
 
 Series E (a)(c)(d)
 
1,478,100
23,213
 Series F (c)(d)
 
69,520
1,092
 
 
 
25,714
TOTAL HEALTH CARE
 
 
39,242
INDUSTRIALS - 0.5%
 
 
 
Aerospace & Defense - 0.4%
 
 
 
Relativity Space, Inc.:
 
 
 
 Series D (a)(c)(d)
 
1,673,085
38,205
 Series E (a)(c)(d)
 
436,722
9,973
Space Exploration Technologies Corp.:
 
 
 
 Series G (a)(c)(d)
 
558,215
234,445
 Series H (a)(c)(d)
 
120,282
50,517
 Series N (a)(c)(d)
 
428,458
179,948
 
 
 
513,088
Air Freight & Logistics - 0.0%
 
 
 
Zipline International, Inc. Series E (a)(c)(d)
 
1,317,166
47,418
Commercial Services & Supplies - 0.1%
 
 
 
ZenPayroll, Inc.:
 
 
 
 Series D (a)(c)(d)
 
2,436,137
74,047
 Series E (c)(d)
 
167,099
5,079
 
 
 
79,126
Transportation Infrastructure - 0.0%
 
 
 
Delhivery Private Ltd. Series H (a)(c)(d)
 
55,947
26,895
TOTAL INDUSTRIALS
 
 
666,527
INFORMATION TECHNOLOGY - 0.2%
 
 
 
IT Services - 0.1%
 
 
 
ByteDance Ltd. Series E1 (a)(c)(d)
 
653,587
77,359
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Tenstorrent, Inc. Series C1 (c)(d)
 
200,200
11,903
Software - 0.1%
 
 
 
ASAPP, Inc. Series C (a)(c)(d)
 
1,300,504
6,255
Carbon, Inc.:
 
 
 
 Series D (a)(c)(d)
 
915,425
30,612
 Series E (a)(c)(d)
 
81,735
2,768
Delphix Corp. Series D (a)(c)(d)
 
3,712,687
22,982
Nuro, Inc. Series C (c)(d)
 
3,293,118
42,990
Stripe, Inc. Series H (a)(c)(d)
 
190,300
7,636
 
 
 
113,243
TOTAL INFORMATION TECHNOLOGY
 
 
202,505
MATERIALS - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
High Power Exploration, Inc. Series A (a)(c)(d)
 
14,154,085
62,844
REAL ESTATE - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
WeWork Companies, Inc.:
 
 
 
 Series E (a)(c)
 
3,913,164
30,855
 Series F (a)(c)
 
253,732
2,001
 
 
 
32,856
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $1,030,762)
 
 
 
1,293,534
 
 
 
 
Convertible Bonds - 0.0%
 
 
Principal
Amount (h)
(000s)
 
Value ($)
(000s)
 
CONSUMER DISCRETIONARY - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Rivian Automotive, Inc. 0% (c)(d)(i)
 
  (Cost $42,219)
 
 
42,219
42,219
 
 
 
 
Preferred Securities - 0.0%
 
 
Principal
Amount (h)
(000s)
 
Value ($)
(000s)
 
CONSUMER DISCRETIONARY - 0.0%
 
 
 
Internet & Direct Marketing Retail - 0.0%
 
 
 
Circle Internet Financial Ltd. 0% (c)(i)
 
17,195
19,600
HEALTH CARE - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Intarcia Therapeutics, Inc. 6% 7/18/22 (c)(d)
 
9,273
11,796
INFORMATION TECHNOLOGY - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Tenstorrent, Inc. 0% (c)(d)(i)
 
11,130
11,130
 
TOTAL PREFERRED SECURITIES
 (Cost $37,598)
 
 
 
42,526
 
 
 
 
Money Market Funds - 2.2%
 
 
Shares
Value ($)
(000s)
 
Fidelity Cash Central Fund 0.06% (j)
 
2,605,211,285
2,605,732
Fidelity Securities Lending Cash Central Fund 0.06% (j)(k)
 
459,965,782
460,012
 
TOTAL MONEY MARKET FUNDS
 (Cost $3,065,742)
 
 
3,065,744
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.4%
 (Cost $50,376,502)
 
 
 
140,058,051
NET OTHER ASSETS (LIABILITIES) - (0.4)%  
(623,457)
NET ASSETS - 100.0%
139,434,594
 
 
 
Any values shown as $0 in the Schedule of Investments may reflect amounts less than $500.
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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 $2,313,870,000 or 1.7% of net assets.
 
(d)
Level 3 security
 
(e)
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 $1,009,329,000 or 0.7% of net assets.
 
(f)
Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.
 
(g)
Affiliated company
 
(h)
Amount is stated in United States dollars unless otherwise noted.
 
(i)
Security is perpetual in nature with no stated maturity date.
 
(j)
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.
 
(k)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
(000s)
23andMe Holding Co.
2/03/21
20,261
Acrisure Holdings, Inc. Series B
3/22/21
6,918
Allbirds, Inc.
10/09/18
9,515
Allbirds, Inc. Series A
10/09/18
3,755
Allbirds, Inc. Series B
10/09/18
660
Allbirds, Inc. Series C
10/09/18
6,305
Allbirds, Inc. Series Seed
10/09/18
2,018
ASAC II LP
10/10/13
3,041
ASAPP, Inc. Series C
4/30/21
8,580
Aurora Innovation, Inc. Series B
3/01/19
19,600
Bowery Farming, Inc. Series C1
5/18/21
13,646
ByteDance Ltd. Series E1
11/18/20
71,616
Cano Health, Inc.
11/11/20
57,437
Carbon, Inc. Series D
12/15/17
21,376
Carbon, Inc. Series E
3/22/19
2,288
Cazoo Group Ltd.
3/28/21
16,195
Circle Internet Financial Ltd. 0%
5/11/21
17,195
Delhivery Private Ltd. Series H
5/20/21
27,309
Delphix Corp. Series D
7/10/15
33,414
Discord, Inc. Series I
9/15/21
8,535
ElevateBio LLC Series C
3/09/21
13,528
Epic Games, Inc.
7/13/20 - 7/30/20
71,128
Fanatics, Inc. Class A
8/13/20
28,940
Get Heal, Inc. Series B
11/07/16
10,944
GoBrands, Inc. Series G
3/02/21
13,864
GoBrands, Inc. Series H
7/22/21
27,155
High Power Exploration, Inc. Series A
11/15/19 - 3/04/21
74,592
Intarcia Therapeutics, Inc. Series CC
11/14/12
28,629
Intarcia Therapeutics, Inc. 6% 7/18/22
1/03/20
9,273
Ivanhoe Electric, Inc.
4/30/21
11,748
Joby Aviation, Inc.
2/23/21
13,888
Lyra Health, Inc. Series E
1/14/21
13,534
Lyra Health, Inc. Series F
6/04/21
1,092
Nuro, Inc. Series C
10/30/20
42,990
Nuvation Bio, Inc.
2/10/21
35,723
Rad Power Bikes, Inc.
1/21/21
12,486
Rad Power Bikes, Inc. Series A
1/21/21
1,628
Rad Power Bikes, Inc. Series C
1/21/21
6,405
Rad Power Bikes, Inc. Series D
9/17/21
22,322
Rapyd Financial Network 2016 Ltd.
3/30/21
25,000
Reddit, Inc. Series E
5/18/21
7,021
Reddit, Inc. Series F
8/11/21
54,296
Relativity Space, Inc. Series D
11/20/20
24,974
Relativity Space, Inc. Series E
5/27/21
9,973
Rivian Automotive, Inc. Series F
1/19/21
35,170
Rivian Automotive, Inc. 0%
7/23/21
42,219
Space Exploration Technologies Corp. Class A
10/16/15 - 2/16/21
52,558
Space Exploration Technologies Corp. Class C
9/11/17
1,754
Space Exploration Technologies Corp. Series G
1/20/15
43,239
Space Exploration Technologies Corp. Series H
8/04/17
16,238
Space Exploration Technologies Corp. Series N
8/04/20
115,684
Stripe, Inc. Class B
5/18/21
18,282
Stripe, Inc. Series H
3/15/21
7,636
Tanium, Inc. Class B
4/21/17 - 9/18/20
57,901
Tenstorrent, Inc. Series C1
4/23/21
11,903
Tenstorrent, Inc. 0%
4/23/21
11,130
TulCo LLC
8/24/17 - 9/07/18
49,586
Veterinary Emergency Group LLC Class A
9/16/21
18,149
WeWork Companies, Inc. Series E
6/23/15
128,702
WeWork Companies, Inc. Series F
12/01/16
12,735
ZenPayroll, Inc. Series D
7/16/19
32,431
ZenPayroll, Inc. Series E
7/13/21
5,079
Zipline International, Inc. Series E
12/21/20
42,978
Zomato Ltd.
12/09/20 - 2/05/21
22,002
 
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
 
Affiliate (Amounts in thousands)
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
%ownership,
end
of period
Fidelity Cash Central Fund 0.06%
1,128,522
14,802,368
13,325,167
899
9
-
2,605,732
3.8%
Fidelity Securities Lending Cash Central Fund 0.06%
453,834
2,658,415
2,652,237
1,901
-
-
460,012
1.3%
Total
1,582,356
17,460,783
15,977,404
2,800
9
-
3,065,744
 
 
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.
 
 
Other Affiliated Issuers
An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are as follows:
Affiliate (Amounts in thousands)
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
Sunrise Energy Metals Ltd.
9,033
-
527
-
23
(2,795)
-
Synaptics, Inc.
211,308
51,106
18,300
-
10,975
171,304
426,393
Total
220,341
51,106
18,827
-
10,998
168,509
426,393
 
 
 
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, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's 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 inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
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)
 
Valuation techniques used to value 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 any 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.
 
Securities, including private placements or other restricted securities, for which observable inputs are not available are valued using alternate valuation approaches, including the market approach, the income approach and cost approach, and are categorized as Level 3 in the hierarchy. The market approach considers factors including the price of recent investments in the same or a similar security or financial metrics of comparable securities. The income approach considers factors including expected future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Convertible Bonds and Preferred Securities are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure 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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