0001752724-23-145761.txt : 20230627 0001752724-23-145761.hdr.sgml : 20230627 20230627123357 ACCESSION NUMBER: 0001752724-23-145761 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230430 FILED AS OF DATE: 20230627 DATE AS OF CHANGE: 20230627 PERIOD START: 20230731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY ADVISOR SERIES VII CENTRAL INDEX KEY: 0000315700 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03010 FILM NUMBER: 231045303 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 SECURITIES TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PLYMOUTH SECURITIES TRUST DATE OF NAME CHANGE: 19911118 FORMER COMPANY: FORMER CONFORMED NAME: READY CASH FUND DATE OF NAME CHANGE: 19880207 0000315700 S000005325 Fidelity Advisor Industrials Fund C000014539 Class A FCLAX C000014541 Class C FCLCX C000014542 Class M FCLTX C000014543 Class I FCLIX C000205003 Class Z FIKEX NPORT-P 1 primary_doc.xml NPORT-P false 0000315700 XXXXXXXX S000005325 C000014542 C000014539 C000014541 C000205003 C000014543 Fidelity Advisor Series VII 811-03010 0000315700 PM3JTBFBEM0RCCY2GO89 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Advisor Industrials Fund S000005325 YOT2YHPJKBWB8LVYDJ41 2023-07-31 2023-04-30 N 532331359.88 33597773.48 498733586.40 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.37000000 N OLD DOMINION FREIGHT LINES INC 5299009TWK32WE417T96 OLD DOMINION FREIGHT LINES INC 679580100 92700.00000000 NS USD 29700153.00000000 5.955113874400 Long EC CORP US N 1 N N N ACUITY BRANDS INC N/A ACUITY BRANDS INC 00508Y102 8000.00000000 NS USD 1259040.00000000 0.252447405655 Long EC CORP US N 1 N N N HONEYWELL INTERNATIONAL INC ISRPG12PN4EIEOEMW547 HONEYWELL INTL INC 438516106 90094.00000000 NS USD 18004384.96000000 3.610020550242 Long EC CORP US N 1 N N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 125500.00000000 NS USD 37370135.00000000 7.493005488110 Long EC CORP US N 1 N N WERNER ENTERPRISES INC 549300P6XRGOCHHJST37 WERNER ENTERPRISES INC 950755108 483500.00000000 NS USD 21839695.00000000 4.379030327122 Long EC CORP US N 1 N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 REGAL REXNORD CORP 758750103 23878.00000000 NS USD 3107960.48000000 0.623170479139 Long EC CORP US N 1 N N N ARCBEST CORP 5493006S3KBNE8ZS3J23 ARCBEST CORP 03937C105 149000.00000000 NS USD 14065600.00000000 2.820263239444 Long EC CORP US N 1 N N N HEICO CORP NEW 529900O1DTDLCJ7L0I14 HEICO CORP 422806109 63100.00000000 NS USD 10641184.00000000 2.133640943817 Long EC CORP US N 1 N N MIDDLEBY CORP JDFO86U9VQRBKW5KYA35 MIDDLEBY CORP 596278101 98700.00000000 NS USD 13904856.00000000 2.788032805323 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 225200.00000000 NS USD 12840904.00000000 2.574702075448 Long EC CORP US N 1 N N N RBC BEARINGS INC N/A RBC BEARINGS INC 75524B104 39700.00000000 NS USD 9012297.00000000 1.807036310719 Long EC CORP US N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 PARKER HANNIFIN CORP 701094104 7200.00000000 NS USD 2339136.00000000 0.469015134289 Long EC CORP US N 1 N N N FORTIVE CORP 549300MU9YQJYHDQEF63 FORTIVE CORP 34959J108 585175.00000000 NS USD 36918690.75000000 7.402487371361 Long EC CORP US N 1 N N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 419300.00000000 NS USD 23614976.00000000 4.734988106668 Long EC CORP US N 1 N N N HEICO CORP NEW 529900O1DTDLCJ7L0I14 HEICO CORP CL A 422806208 41000.00000000 NS USD 5503430.00000000 1.103480926505 Long EC CORP US N 1 N N N TRANSDIGM GROUP INC N/A TRANSDIGM GROUP INC 893641100 37914.00000000 NS USD 29004210.00000000 5.815571838536 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604301 218500.00000000 NS USD 21624945.00000000 4.335971265960 Long EC CORP US N 1 N N N NVENT ELECTRIC PLC N/A NVENT ELECTRIC PLC N/A 197400.00000000 NS USD 8276982.00000000 1.659599879716 Long EC CORP IE N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 39240.27300000 NS USD 39248.12000000 0.007869556226 Long STIV RF US N 1 N N N HEXCEL CORPORATION S6Q7LW43WUBUHXY2QP69 HEXCEL CORPORATION 428291108 27500.00000000 NS USD 1982200.00000000 0.397446663720 Long EC CORP US N 1 N N N TETRA TECH INC NEW 549300UJ1LP7JGJC5P32 TETRA TECH INC 88162G103 800.00000000 NS USD 110696.00000000 0.022195417156 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 147100.00000000 NS USD 30417338.00000000 6.098915098050 Long EC CORP US N 1 N N N CRANE CO 5493000CQRQOTHUODL75 CRANE CO 224408104 162258.00000000 NS USD 11693934.06000000 2.344725596768 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 98500.00000000 NS USD 17711285.00000000 3.551251706917 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 351900.00000000 NS USD 15585651.00000000 3.125045399990 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 159100.00000000 NS USD 36239798.00000000 7.266364044497 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 33131836.85400000 NS USD 33135150.04000000 6.643857751626 Long STIV RF US N 1 N N PENTAIR PLC 549300EVR9D56WPSRP15 PENTAIR PLC N/A 421100.00000000 NS USD 24457488.00000000 4.903918377854 Long EC CORP IE N 1 N N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 407700.00000000 NS USD 18509580.00000000 3.711316122422 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 196034.00000000 NS USD 27038969.62000000 5.421525711788 Long EC CORP US N 1 N N N HUNT (JB) TRANSPORT SERVICES 549300XCD1MPI1C5GK90 HUNT J B TRANSPORT SERVICES IN 445658107 12853.00000000 NS USD 2253002.37000000 0.451744665175 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 371600.00000000 NS USD 11538180.00000000 2.313495684797 Long EC CORP US N 1 N N N 2023-05-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_184_20230430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Advisor® Industrials Fund
April 30, 2023
AFCY-NPRT3-0623
1.800323.119
Common Stocks - 99.6%
 
  
Shares
Value ($)
 
Aerospace & Defense - 18.7%
 
  
  
Aerospace & Defense - 18.7%
  
  
  
HEICO Corp. (a)
  
63,100
10,641,184
HEICO Corp. Class A
 
41,000
5,503,430
Hexcel Corp.
 
27,500
1,982,200
Howmet Aerospace, Inc.
 
351,900
15,585,651
The Boeing Co. (b)
  
147,100
30,417,338
TransDigm Group, Inc.
 
37,914
29,004,210
 
  
  
93,134,013
Air Freight & Logistics - 10.8%
 
  
  
Air Freight & Logistics - 10.8%
  
  
  
FedEx Corp.
 
159,100
36,239,798
United Parcel Service, Inc. Class B
 
98,500
17,711,285
 
  
  
53,951,083
Commercial Services & Supplies - 0.0%
 
  
  
Environmental & Facilities Services - 0.0%
  
  
  
Tetra Tech, Inc.
 
800
110,696
Construction & Engineering - 3.7%
 
  
  
Construction & Engineering - 3.7%
  
  
  
Willscot Mobile Mini Holdings (b)
  
407,700
18,509,580
Electrical Equipment - 8.0%
 
  
  
Electrical Components & Equipment - 8.0%
  
  
  
Acuity Brands, Inc.
 
8,000
1,259,040
AMETEK, Inc.
 
196,034
27,038,970
nVent Electric PLC
 
197,400
8,276,982
Regal Rexnord Corp.
 
23,878
3,107,960
 
  
  
39,682,952
Ground Transportation - 28.2%
 
  
  
Cargo Ground Transportation - 25.9%
  
  
  
ArcBest Corp.
 
149,000
14,065,600
J.B. Hunt Transport Services, Inc.
 
12,853
2,253,002
Knight-Swift Transportation Holdings, Inc. Class A
 
419,300
23,614,976
Old Dominion Freight Lines, Inc.
 
92,700
29,700,153
Saia, Inc. (a)(b)
  
125,500
37,370,135
Werner Enterprises, Inc. (a)
  
483,500
21,839,695
 
  
  
128,843,561
Passenger Ground Transportation. - 2.3%
  
  
  
Uber Technologies, Inc. (b)
  
371,600
11,538,180
TOTAL GROUND TRANSPORTATION
  
  
140,381,741
Industrial Conglomerates - 7.9%
 
  
  
Industrial Conglomerates - 7.9%
  
  
  
General Electric Co.
 
218,500
21,624,945
Honeywell International, Inc.
 
90,094
18,004,385
 
  
  
39,629,330
Machinery - 22.3%
 
  
  
Industrial Machinery & Supplies & Components - 22.3%
  
  
  
Crane Co.
 
162,258
11,693,934
Fortive Corp.
 
585,175
36,918,691
Ingersoll Rand, Inc.
 
225,200
12,840,904
Middleby Corp. (b)
  
98,700
13,904,856
Parker Hannifin Corp.
 
7,200
2,339,136
Pentair PLC
 
421,100
24,457,488
RBC Bearings, Inc. (b)
  
39,700
9,012,297
 
  
  
111,167,306
 
TOTAL COMMON STOCKS
 (Cost $437,199,522)
  
  
  
496,566,701
 
  
  
  
Money Market Funds - 5.9%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 4.88% (c)
  
39,240
39,248
Fidelity Securities Lending Cash Central Fund 4.88% (c)(d)
  
29,069,400
29,072,307
 
TOTAL MONEY MARKET FUNDS
 (Cost $29,111,555)
  
  
29,111,555
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 105.5%
 (Cost $466,311,077)
 
  
 
525,678,256
NET OTHER ASSETS (LIABILITIES) - (5.5)%  
(27,289,951)
NET ASSETS - 100.0%
498,388,305
 
  
Legend
 
(a)
Security or a portion of the security is on loan at period end.
 
(b)
Non-income producing
 
(c)
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.
 
(d)
Investment made with cash collateral received from securities on loan.
 
 
 
 
 
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
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 4.88%
1,335,472
199,418,877
200,715,101
69,573
-
-
39,248
0.0%
Fidelity Securities Lending Cash Central Fund 4.88%
61,455,075
222,632,310
255,015,078
19,562
-
-
29,072,307
0.1%
Total
62,790,547
422,051,187
455,730,179
89,135
-
-
29,111,555
  
 
  
  
  
  
  
  
  
  
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
Amounts in the dividend income column 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.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services 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 the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted 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 service 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.
 
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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