0001752724-23-298267.txt : 20231229 0001752724-23-298267.hdr.sgml : 20231229 20231229132358 ACCESSION NUMBER: 0001752724-23-298267 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231229 DATE AS OF CHANGE: 20231229 PERIOD START: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY ADVISOR SERIES VII CENTRAL INDEX KEY: 0000315700 ORGANIZATION NAME: 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: 231526598 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 2024-07-31 2023-10-31 N 432135435.23 16273083.00 415862352.23 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 2724.55000000 N CSX CORP 549300JVQR4N1MMP3Q88 CSX CORP 126408103 70483.00000000 NS USD 2103917.55000000 0.505916810867 Long EC CORP US N 1 N N N AZEK CO INC/THE 5493002LDDDU1RX46815 AZEK CO INC 05478C105 174300.00000000 NS USD 4566660.00000000 1.098118157489 Long EC CORP US N 1 N N N CARLISLE COS INC XR64VGX1ZPX6G7ZN7Z11 CARLISLE COS INC 142339100 19024.00000000 NS USD 4833808.16000000 1.162357721029 Long EC CORP US N 1 N N N DOVER CORP 549300FMC2ALGA7N9E80 DOVER CORP 260003108 105400.00000000 NS USD 13696730.00000000 3.293572963879 Long EC CORP US N 1 N N N QUANTA SVCS INC SHVRXXEACT60MMH07S24 QUANTA SVCS INC 74762E102 39700.00000000 NS USD 6634664.00000000 1.595399045963 Long EC CORP US N 1 N N N ITT INC 549300KDSERHTJOXUS80 ITT INC 45073V108 149609.00000000 NS USD 13966000.15000000 3.358322790007 Long EC CORP US N 1 N N N GFL ENVIRONMENTAL INC 5493008HF9XC5H29ZX61 GFL ENVIRONMENTAL INC 36168Q104 248014.00000000 NS USD 7147763.48000000 1.718781092270 Long EC CORP CA N 1 N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 35400.00000000 NS USD 12690546.00000000 3.051621752233 Long EC CORP US N 1 N N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 REGAL REXNORD CORP 758750103 99005.00000000 NS USD 11723182.05000000 2.819005372122 Long EC CORP US N 1 N N N VERTIV HOLDINGS CO 549300KTTIRAOGXCRV69 VERTIV HOLDINGS CO 92537N108 26100.00000000 NS USD 1024947.00000000 0.246463041076 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 319343.00000000 NS USD 19377733.24000000 4.659650756095 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP 907818108 128600.00000000 NS USD 26698646.00000000 6.420068048197 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 AECOM 00766T100 76758.00000000 NS USD 5875824.90000000 1.412925423157 Long EC CORP US N 1 N N N SIMPSON MANUFACTURING CO 529900EJUNNL15LZ8056 SIMPSON MANUFACTURING CO 829073105 69979.00000000 NS USD 9319803.22000000 2.241078849774 Long EC CORP US N 1 N N N CHART INDUSTRIES INC EM7QGKC1GYOF3LSZSL80 CHART INDUSTRIES INC 16115Q308 73900.00000000 NS USD 8589397.00000000 2.065442316175 Long EC CORP US N 1 N N EATON CORP PLC 549300VDIGTMXUNT7H71 EATON CORP PLC N/A 64416.00000000 NS USD 13392730.56000000 3.220471987469 Long EC CORP IE N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 PARKER HANNIFIN CORP 701094104 47713.00000000 NS USD 17601802.83000000 4.232603104275 Long EC CORP US N 1 N N N FORTIVE CORP 549300MU9YQJYHDQEF63 FORTIVE CORP 34959J108 229575.00000000 NS USD 14986656.00000000 3.603753963213 Long EC CORP US N 1 N N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 260900.00000000 NS USD 12755401.00000000 3.067217056701 Long EC CORP US N 1 N N N TRANSDIGM GROUP INC N/A TRANSDIGM GROUP INC 893641100 18714.00000000 NS USD 15496876.26000000 3.726443660240 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604301 237137.00000000 NS USD 25760192.31000000 6.194403550084 Long EC CORP US N 1 N N N CATERPILLAR INC WRJR7GS4GTRECRRTVX92 CATERPILLAR INC 149123101 32800.00000000 NS USD 7414440.00000000 1.782907243284 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 1867947.76000000 NS USD 1868321.35000000 0.449264363552 Long STIV RF US N 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 TRANE TECHNOLOGIES PLC N/A 71100.00000000 NS USD 13531041.00000000 3.253730694168 Long EC CORP IE N 1 N N N LOCKHEED MARTIN CORP DPRBOZP0K5RM2YE8UU08 LOCKHEED MARTIN CORP 539830109 21320.00000000 NS USD 9692924.80000000 2.330801224978 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 122204.00000000 NS USD 22830151.28000000 5.489833633070 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 319158.00000000 NS USD 14074867.80000000 3.384501560318 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 85400.00000000 NS USD 20504540.00000000 4.930607420952 Long EC CORP US N 1 N N N EAGLE MATLS INC 529900KRXRGXL61SG039 EAGLE MATERIALS INC 26969P108 49400.00000000 NS USD 7603154.00000000 1.828286200765 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 15895260.51500000 NS USD 15896850.04000000 3.822623027729 Long STIV RF US N 1 N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 209700.00000000 NS USD 8264277.00000000 1.987262601599 Long EC CORP US N 1 N N N XPO INC 54930096DB9LCLPN7H13 XPO INC 983793100 81400.00000000 NS USD 6170934.00000000 1.483888591239 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 54134.00000000 NS USD 7620443.18000000 1.832443629276 Long EC CORP US N 1 N N N LEIDOS HLDGS INC 549300IUTGTP6EJP8124 LEIDOS HOLDINGS INC 525327102 116400.00000000 NS USD 11537568.00000000 2.774371841579 Long EC CORP US N 1 N N N GRAINGER (W.W.) INC 549300TWZSP6O1IH2V34 WW GRAINGER INC 384802104 8400.00000000 NS USD 6130572.00000000 1.474182975959 Long EC CORP US N 1 N N N JOHNSON CONTROLS INTERNATIONAL PLC 549300XQ6S1GYKGBL205 JOHNSON CONTROLS INTERNATIONAL PLC N/A 205157.00000000 NS USD 10056796.14000000 2.418299248795 Long EC CORP IE N 1 N N N REPUBLIC SERVICES INC NKNQHM6BLECKVOQP7O46 REPUBLIC SERVICES INC 760759100 69754.00000000 NS USD 10357771.46000000 2.490673032665 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 236800.00000000 NS USD 10248704.00000000 2.464446215206 Long EC CORP US N 1 N N N 2023-11-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_184_20231031.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Advisor® Industrials Fund
October 31, 2023
AFCY-NPRT1-1223
1.809093.120
Common Stocks - 99.7%
 
  
Shares
Value ($)
 
Aerospace & Defense - 15.0%
 
  
  
Aerospace & Defense - 15.0%
  
  
  
Howmet Aerospace, Inc.
 
319,158
14,074,868
Lockheed Martin Corp.
 
21,320
9,692,925
The Boeing Co. (a)
  
122,204
22,830,151
TransDigm Group, Inc. (a)
  
18,714
15,496,876
 
  
  
62,094,820
Air Freight & Logistics - 4.9%
 
  
  
Air Freight & Logistics - 4.9%
  
  
  
FedEx Corp.
 
85,400
20,504,540
Building Products - 10.2%
 
  
  
Building Products - 10.2%
  
  
  
Carlisle Companies, Inc.
 
19,024
4,833,808
Johnson Controls International PLC
 
205,157
10,056,796
Simpson Manufacturing Co. Ltd.
 
69,979
9,319,803
The AZEK Co., Inc. (a)
  
174,300
4,566,660
Trane Technologies PLC
 
71,100
13,531,041
 
  
  
42,308,108
Commercial Services & Supplies - 4.2%
 
  
  
Environmental & Facilities Services - 4.2%
  
  
  
GFL Environmental, Inc. (b)
  
248,014
7,147,763
Republic Services, Inc.
 
69,754
10,357,771
 
  
  
17,505,534
Construction & Engineering - 5.0%
 
  
  
Construction & Engineering - 5.0%
  
  
  
AECOM
 
76,758
5,875,825
Quanta Services, Inc.
 
39,700
6,634,664
Willscot Mobile Mini Holdings (a)
  
209,700
8,264,277
 
  
  
20,774,766
Construction Materials - 1.8%
 
  
  
Construction Materials - 1.8%
  
  
  
Eagle Materials, Inc.
 
49,400
7,603,154
Electrical Equipment - 8.1%
 
  
  
Electrical Components & Equipment - 8.1%
  
  
  
AMETEK, Inc.
 
54,134
7,620,443
Eaton Corp. PLC
 
64,416
13,392,731
Regal Rexnord Corp.
 
99,005
11,723,182
Vertiv Holdings Co.
 
26,100
1,024,947
 
  
  
33,761,303
Ground Transportation - 17.0%
 
  
  
Cargo Ground Transportation - 7.6%
  
  
  
Knight-Swift Transportation Holdings, Inc. Class A
 
260,900
12,755,401
Saia, Inc. (a)
  
35,400
12,690,546
XPO, Inc. (a)
  
81,400
6,170,934
 
  
  
31,616,881
Passenger Ground Transportation - 2.5%
  
  
  
Uber Technologies, Inc. (a)
  
236,800
10,248,704
Rail Transportation - 6.9%
  
  
  
CSX Corp.
 
70,483
2,103,918
Union Pacific Corp.
 
128,600
26,698,648
 
  
  
28,802,566
TOTAL GROUND TRANSPORTATION
  
  
70,668,151
Industrial Conglomerates - 6.2%
 
  
  
Industrial Conglomerates - 6.2%
  
  
  
General Electric Co.
 
237,137
25,760,192
Machinery - 23.0%
 
  
  
Construction Machinery & Heavy Transportation Equipment - 1.8%
  
  
  
Caterpillar, Inc.
 
32,800
7,414,440
Industrial Machinery & Supplies & Components - 21.2%
  
  
  
Chart Industries, Inc. (a)(b)
  
73,900
8,589,397
Dover Corp.
 
105,400
13,696,730
Fortive Corp.
 
229,575
14,986,656
Ingersoll Rand, Inc.
 
319,343
19,377,733
ITT, Inc.
 
149,609
13,966,000
Parker Hannifin Corp.
 
47,713
17,601,803
 
  
  
88,218,319
TOTAL MACHINERY
  
  
95,632,759
Professional Services - 2.8%
 
  
  
Research & Consulting Services - 2.8%
  
  
  
Leidos Holdings, Inc.
 
116,400
11,537,568
Trading Companies & Distributors - 1.5%
 
  
  
Trading Companies & Distributors - 1.5%
  
  
  
W.W. Grainger, Inc.
 
8,400
6,130,572
 
TOTAL COMMON STOCKS
 (Cost $409,307,493)
  
  
  
414,281,467
 
  
  
  
Money Market Funds - 4.1%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.40% (c)
  
1,867,948
1,868,321
Fidelity Securities Lending Cash Central Fund 5.40% (c)(d)
  
15,216,778
15,218,300
 
TOTAL MONEY MARKET FUNDS
 (Cost $17,086,621)
  
  
17,086,621
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 103.8%
 (Cost $426,394,114)
 
  
 
431,368,088
NET OTHER ASSETS (LIABILITIES) - (3.8)%  
(15,663,054)
NET ASSETS - 100.0%
415,705,034
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(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 5.40%
2,126,016
26,513,522
26,771,217
25,859
-
-
1,868,321
0.0%
Fidelity Securities Lending Cash Central Fund 5.40%
-
32,420,455
17,202,155
1,494
-
-
15,218,300
0.1%
Total
2,126,016
58,933,977
43,973,372
27,353
-
-
17,086,621
  
 
  
  
  
  
  
  
  
  
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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