0001752724-21-004706.txt : 20210120 0001752724-21-004706.hdr.sgml : 20210120 20210120140303 ACCESSION NUMBER: 0001752724-21-004706 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: 21538351 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 S000007477 Natural Gas Portfolio C000020451 Natural Gas Portfolio FSNGX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007477 C000020451 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 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N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 KOSMOS ENERGY LTD 500688106 117600.00000000 NS USD 206976.00000000 0.221445427595 Long EC CORP US N 1 N N N RANGE RESOURCES CORP H3Y3WLYCX0BTO1TRW162 RANGE RESOURCES CORP 75281A109 53800.00000000 NS USD 392740.00000000 0.420195951385 Long EC CORP US N 1 N N N SBM OFFSHORE NV 549300RDGCRYZ5QE6513 SBM OFFSHORE NV N/A 57700.00000000 NS 1076116.15000000 1.151346054516 Long EC CORP NL N 2 N N N AVENIR LNG LTD 549300YG7XL52FBP9803 AVENIR LNG LTD N/A 1999500.00000000 NS 1236215.56000000 1.322637809625 Long EC CORP BM N 3 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 16000.00000000 NS USD 907040.00000000 0.970450006989 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_513_20201130.htm

Quarterly Holdings Report
for

Fidelity® Select Portfolio®

Natural Gas Portfolio

November 30, 2020







GAS-QTLY-0121
1.810725.116





Schedule of Investments November 30, 2020 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 99.5%   
 Shares Value 
Electric Utilities - 0.7%   
Electric Utilities - 0.7%   
ORSTED A/S (a) 300 $53,978 
PG&E Corp. (b) 46,700 593,090 
  647,068 
Energy Equipment & Services - 14.4%   
Oil & Gas Equipment & Services - 14.4%   
Baker Hughes Co. Class A 134,700 2,521,584 
Cactus, Inc. 19,100 443,120 
Championx Corp. (b) 98,500 1,170,180 
Core Laboratories NV (c) 36,300 797,511 
Halliburton Co. 89,900 1,491,441 
National Oilwell Varco, Inc. 30,800 377,608 
SBM Offshore NV 57,700 1,076,116 
Schlumberger Ltd. 231,518 4,813,259 
TechnipFMC PLC 100,900 838,479 
  13,529,298 
Food Products - 0.4%   
Agricultural Products - 0.4%   
Bunge Ltd. 6,200 365,118 
Gas Utilities - 3.5%   
Gas Utilities - 3.5%   
Atmos Energy Corp. 15,151 1,452,829 
UGI Corp. 50,600 1,795,288 
  3,248,117 
Independent Power and Renewable Electricity Producers - 0.0%   
Independent Power Producers & Energy Traders - 0.0%   
The AES Corp. 2,100 42,924 
Multi-Utilities - 4.0%   
Multi-Utilities - 4.0%   
CenterPoint Energy, Inc. 117,300 2,720,187 
NiSource, Inc. 36,300 878,460 
RWE AG 3,000 124,087 
  3,722,734 
Oil, Gas & Consumable Fuels - 76.5%   
Integrated Oil & Gas - 8.0%   
Occidental Petroleum Corp. 216,015 3,404,396 
Occidental Petroleum Corp. warrants 8/3/27 (b) 70,150 360,571 
Suncor Energy, Inc. 128,800 2,072,392 
Total SA sponsored ADR 39,400 1,660,316 
  7,497,675 
Oil & Gas Exploration & Production - 25.5%   
Apache Corp. 199,800 2,575,422 
Cabot Oil & Gas Corp. 99,304 1,739,806 
Canadian Natural Resources Ltd. 142,680 3,258,811 
ConocoPhillips Co. 64,500 2,551,620 
EOG Resources, Inc. 49,800 2,334,624 
EQT Corp. 113,623 1,690,710 
Hess Corp. 91,200 4,302,816 
Kosmos Energy Ltd. 117,600 206,976 
MEG Energy Corp. (b) 161,909 455,046 
Parsley Energy, Inc. Class A 108,229 1,356,109 
Pioneer Natural Resources Co. 30,200 3,037,516 
Range Resources Corp. 53,800 392,740 
  23,902,196 
Oil & Gas Refining & Marketing - 5.5%   
Phillips 66 Co. 68,200 4,131,556 
Reliance Industries Ltd. sponsored GDR (a) 19,600 1,010,893 
  5,142,449 
Oil & Gas Storage & Transport - 37.5%   
Avenir LNG Ltd. (b)(d) 1,999,500 1,236,216 
Cheniere Energy, Inc. (b) 16,000 907,040 
Enbridge, Inc. 335,500 10,478,080 
Energy Transfer Equity LP 222,600 1,375,668 
Enterprise Products Partners LP 85,800 1,664,520 
Gibson Energy, Inc. 111,800 1,795,756 
Keyera Corp. 18,900 326,133 
Kinder Morgan, Inc. 231,200 3,324,656 
ONEOK, Inc. 40,900 1,467,083 
Pembina Pipeline Corp. 82,100 2,093,749 
TC Energy Corp. 135,219 5,948,303 
The Williams Companies, Inc. 211,429 4,435,780 
  35,052,984 
TOTAL OIL, GAS & CONSUMABLE FUELS  71,595,304 
TOTAL COMMON STOCKS   
(Cost $105,334,611)  93,150,563 
Nonconvertible Preferred Stocks - 0.0%   
Oil, Gas & Consumable Fuels - 0.0%   
Integrated Oil & Gas - 0.0%   
Petroleo Brasileiro SA - Petrobras sponsored ADR   
(Cost $45,593) 4,900 46,893 
Money Market Funds - 1.7%   
Fidelity Cash Central Fund 0.09% (e) 685,175 685,312 
Fidelity Securities Lending Cash Central Fund 0.09% (e)(f) 895,965 896,055 
TOTAL MONEY MARKET FUNDS   
(Cost $1,581,367)  1,581,367 
TOTAL INVESTMENT IN SECURITIES - 101.2%   
(Cost $106,961,571)  94,778,823 
NET OTHER ASSETS (LIABILITIES) - (1.2)%  (1,169,450) 
NET ASSETS - 100%  $93,609,373 

Legend

 (a) 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 $1,064,871 or 1.1% of net assets.

 (b) Non-income producing

 (c) Security or a portion of the security is on loan at period end.

 (d) Level 3 security

 (e) 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.

 (f) Investment made with cash collateral received from securities on loan.

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 $2,133 
Fidelity Securities Lending Cash Central Fund 10,188 
Total $12,321 

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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