0001752724-21-004677.txt : 20210120 0001752724-21-004677.hdr.sgml : 20210120 20210120140003 ACCESSION NUMBER: 0001752724-21-004677 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20201130 FILED AS OF DATE: 20210120 PERIOD START: 20210228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03114 FILM NUMBER: 21538286 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 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007475 C000020449 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 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21570726.20000000 5.715886219385 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 060505104 993176.00000000 NS USD 27967836.16000000 7.411014715534 Long EC CORP US N 1 N N N AMALGAMATED BANK 254900FMBXF85WQYV433 AMALGAMATED BANK 022663108 56500.00000000 NS USD 718680.00000000 0.190438331563 Long EC CORP US N 1 N N N TRICO BANCSHARES N/A TRICO BANCSHARES 896095106 100087.00000000 NS USD 3278850.12000000 0.868841134163 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A EAST WEST BANCORP INC 27579R104 219400.00000000 NS USD 9372768.00000000 2.483628736092 Long EC CORP US N 1 N N N PACWEST BANCORP DE 549300YI8VMFO7G36V04 PACWEST BANCORP 695263103 217036.00000000 NS USD 5048257.36000000 1.337704832391 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 187700.00000000 NS USD 25915739.00000000 6.867242856908 Long EC CORP US N 1 N N N 2020-12-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_507_20201130.htm

Quarterly Holdings Report
for

Fidelity® Select Portfolio®

Banking Portfolio

November 30, 2020







BAN-QTLY-0121
1.810667.116





Schedule of Investments November 30, 2020 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 99.0%   
 Shares Value 
Banks - 82.7%   
Diversified Banks - 24.4%   
Bank of America Corp. 993,176 $27,967,836 
Citigroup, Inc. 372,900 20,535,603 
U.S. Bancorp 511,000 22,080,310 
Wells Fargo & Co. 788,692 21,570,726 
  92,154,475 
Regional Banks - 58.3%   
1st Source Corp. 69,660 2,599,711 
Amalgamated Bank 56,500 718,680 
American National Bankshares, Inc. 137,286 3,566,690 
Ameris Bancorp 116,560 3,964,206 
Associated Banc-Corp. 394,000 6,036,080 
Bank OZK 254,000 7,101,840 
BayCom Corp. (a) 49,682 715,421 
BOK Financial Corp. 113,500 7,598,825 
Cadence Bancorp Class A 596,528 8,315,600 
Camden National Corp. 9,632 330,859 
Comerica, Inc. 135,400 6,661,680 
Community Trust Bancorp, Inc. 115,676 3,915,633 
ConnectOne Bancorp, Inc. 92,300 1,636,479 
Cullen/Frost Bankers, Inc. 12,500 1,048,875 
East West Bancorp, Inc. 219,400 9,372,768 
Eastern Bankshares, Inc. (a) 70,100 1,037,480 
First Citizens Bancshares, Inc. 1,600 845,744 
First Horizon National Corp. 987,700 12,069,694 
First Interstate Bancsystem, Inc. 193,300 7,355,065 
Great Western Bancorp, Inc. 250,200 4,110,786 
Heartland Financial U.S.A., Inc. 104,300 4,065,614 
Hilltop Holdings, Inc. 103,100 2,483,679 
Huntington Bancshares, Inc. 917,400 11,082,192 
KeyCorp 511,300 7,904,698 
Lakeland Financial Corp. 80,900 4,108,911 
M&T Bank Corp. 113,800 13,256,562 
PacWest Bancorp 217,036 5,048,257 
Peoples United Financial, Inc. 496,700 6,159,080 
PNC Financial Services Group, Inc. 187,700 25,915,739 
Preferred Bank, Los Angeles 73,295 2,695,057 
Regions Financial Corp. 57,700 881,079 
Sierra Bancorp 70,600 1,553,200 
Signature Bank 86,490 9,703,313 
Trico Bancshares 100,087 3,278,850 
UMB Financial Corp. 101,066 6,873,499 
Univest Corp. of Pennsylvania 140,600 2,574,386 
WesBanco, Inc. 262,700 7,521,101 
Wintrust Financial Corp. 192,700 10,500,223 
Zions Bancorp NA 146,950 5,670,801 
  220,278,357 
TOTAL BANKS  312,432,832 
Capital Markets - 4.1%   
Asset Management & Custody Banks - 4.1%   
Bank of New York Mellon Corp. 179,300 7,014,216 
Northern Trust Corp. 29,700 2,765,664 
State Street Corp. 79,500 5,603,160 
  15,383,040 
Consumer Finance - 4.9%   
Consumer Finance - 4.9%   
Capital One Financial Corp. 116,200 9,951,368 
Navient Corp. 150,000 1,405,500 
OneMain Holdings, Inc. 106,600 4,156,334 
SLM Corp. 278,700 2,957,007 
  18,470,209 
IT Services - 0.4%   
Data Processing & Outsourced Services - 0.4%   
Computer Services, Inc. 30,000 1,695,000 
Thrifts & Mortgage Finance - 6.9%   
Thrifts & Mortgage Finance - 6.9%   
Essent Group Ltd. 193,229 8,475,024 
MGIC Investment Corp. 397,200 4,750,512 
NMI Holdings, Inc. (a) 304,802 6,678,212 
Radian Group, Inc. 326,336 6,161,224 
  26,064,972 
TOTAL COMMON STOCKS   
(Cost $365,813,723)  374,046,053 
Money Market Funds - 0.8%   
Fidelity Cash Central Fund 0.09% (b)   
(Cost $2,945,620) 2,945,031 2,945,620 
TOTAL INVESTMENT IN SECURITIES - 99.8%   
(Cost $368,759,343)  376,991,673 
NET OTHER ASSETS (LIABILITIES) - 0.2%  650,720 
NET ASSETS - 100%  $377,642,393 

Legend

 (a) Non-income producing

 (b) 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.

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 $2,433 
Fidelity Securities Lending Cash Central Fund 3,373 
Total $5,806 

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.

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 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 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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