0001752724-21-277763.txt : 20211221 0001752724-21-277763.hdr.sgml : 20211221 20211221161201 ACCESSION NUMBER: 0001752724-21-277763 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211031 FILED AS OF DATE: 20211221 PERIOD START: 20220731 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: 211509309 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 S000056373 Fidelity Flex Real Estate Fund C000177600 Fidelity Flex Real Estate Fund FFERX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000056373 C000177600 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Flex Real Estate Fund S000056373 549300NKXDZQHZNP2L91 2022-07-31 2021-10-31 N 2281628.86 0.00 2281628.86 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 0.00000000 N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL REALTY TRUST INC 253868103 1029.00000000 NS USD 162386.49000000 7.117129908674 Long EC CORP US N 1 N N N EQUINIX INC 549300EVUN2BTLJ3GT74 EQUINIX INC 29444U700 107.00000000 NS USD 89566.49000000 3.925550363173 Long EC CORP US N 1 N N N VEREIT INC 5493002H54FNIBW75H44 VEREIT INC 92339V308 1094.00000000 NS USD 55028.20000000 2.411794528230 Long EC CORP US N 1 N N N FOUR CORNERS PROPERTY TRUST INC 549300SVTPZPBDVNER42 FOUR CORNERS PPTY TR INC W/I 35086T109 413.00000000 NS USD 11977.00000000 0.524931999676 Long EC CORP US N 1 N N N EXTRA SPACE STORAGE INC N/A EXTRA SPACE STORAGE INC 30225T102 325.00000000 NS USD 64145.25000000 2.811379673730 Long EC CORP US N 1 N N N LEXINGTON CORP PPTYS TR REIT 549300S4MH2ICXDBFV43 LEXINGTON REALTY TRUST REIT 529043101 1461.00000000 NS USD 21286.77000000 0.932963742402 Long EC CORP US N 1 N N N WELLTOWER INC T6IZ0MBEG5ACZDTR7D06 WELLTOWER INC 95040Q104 1408.00000000 NS USD 113203.20000000 4.961508069283 Long EC CORP US N 1 N N N KIMCO REALTY CORP 549300EA7I6T15IBYS12 KIMCO REALTY CORPORATION 49446R109 1520.00000000 NS USD 34352.00000000 1.505591053928 Long EC CORP US N 1 N N N RYMAN HOSPITALITY PPTYS INC 529900GCCWW9SRMPJR11 RYMAN HOSPITALITY PPTYS INC 78377T107 130.00000000 NS USD 11120.20000000 0.487379880003 Long EC CORP US N 1 N N N INSTONE REAL ESTATE GROUP SE 391200DINUIRPDZQHX03 INSTONE REAL ESTATE GROUP N/A 907.00000000 NS 23905.62000000 1.047743584379 Long EC CORP DE N 1 N N N SUN COMMUNITIES INC 549300H5GEOJYN41ZG57 SUN COMMUNITIES INC - REIT 866674104 257.00000000 NS USD 50366.86000000 2.207495744947 Long EC CORP US N 1 N N N CBRE GROUP INC 52990016II9MJ2OSWA10 CBRE GROUP INC - CL A 12504L109 648.00000000 NS USD 67443.84000000 2.955951389920 Long EC CORP US N 1 N N N NATIONAL RETAIL PROPERTIES INC 5493008JKH5SOTI0JS97 NATIONAL RETAIL PROPERTIES INC 637417106 951.00000000 NS USD 43137.36000000 1.890638778122 Long EC CORP US N 1 N N N MACK-CALI REALTY CORP N/A MACK CALI REALTY CORP REIT 554489104 657.00000000 NS USD 11950.83000000 0.523785012081 Long EC CORP US N 1 N N N CUBESMART N/A CUBESMART 229663109 1358.00000000 NS USD 74703.58000000 3.274133725675 Long EC CORP US N 1 N N N VENTAS INC ORQTRC074CWLT3DKHT41 VENTAS INC REIT 92276F100 1319.00000000 NS USD 70395.03000000 3.085297141621 Long EC CORP US N 1 N N N MEDICAL PROPERTIES TRUST INC 254900U6E39J1MQCCY14 MEDICAL PPTY TR INC 58463J304 1517.00000000 NS USD 32357.61000000 1.418180255661 Long EC CORP US N 1 N N N HIGHWOODS PROPERTIES INC ZIIGTYKL9T0X3HLTDX53 HIGHWOODS PROPERTIES INC 431284108 345.00000000 NS USD 15469.80000000 0.678015617316 Long EC CORP US N 1 N N N WEYERHAEUSER CO 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO 962166104 688.00000000 NS USD 24575.36000000 1.077097175217 Long EC CORP US N 1 N N N VICI PPTYS INC 254900RKH6RY9KCJQH63 VICI PPTYS INC 925652109 1422.00000000 NS USD 41735.70000000 1.829206350414 Long EC CORP US N 1 N N N PHILLIPS EDISON and COMPANY IN 549300UC1QJSQ49IC243 PHILLIPS EDISON and CO INC 71844V201 320.00000000 NS USD 9644.80000000 0.422715550679 Long EC CORP US N 1 N N N APARTMENT INCOME REIT CORP N/A APARTMENT INCOME REIT CORP CL A 03750L109 513.00000000 NS USD 27501.93000000 1.205363873246 Long EC CORP US N 1 N N N CROWN CASTLE INTERNATIONAL CORP 54930012H97VSM0I2R19 CROWN CASTLE INTL CORP 22822V101 1160.00000000 NS USD 209148.00000000 9.166609156582 Long EC CORP US N 1 N N N PIEDMONT OFFICE RLTY TR INC N/A PIEDMONT OFFICE REALTY TRUST A 720190206 562.00000000 NS USD 9981.12000000 0.437455897187 Long EC CORP US N 1 N N N INVITATION HOMES INC N/A INVITATION HOMES INC 46187W107 986.00000000 NS USD 40672.50000000 1.782608061856 Long EC CORP US N 1 N N N RLJ LODGING TR N/A RLJ LODGING TRUST 74965L101 1245.00000000 NS USD 17952.90000000 0.786845762461 Long EC CORP US N 1 N N N WASHINGTON REAL ESTATE INVS TR 549300DI34BGS8LVKW95 WASHINGTON REAL ESTATE IVST TR 939653101 667.00000000 NS USD 16908.45000000 0.741069255233 Long EC CORP US N 1 N N N MID-AMERICA APT CMNTYS INC 549300FQZKFR5YNSHZ21 MID AMERICA APT CMNTY INC 59522J103 339.00000000 NS USD 69227.19000000 3.034112655815 Long EC CORP US N 1 N N N AMERICAN HOMES 4 RENT 549300ZJUO7A58PNUW40 AMERICAN HOMES 4 RENT 02665T306 830.00000000 NS USD 33698.00000000 1.476927321124 Long EC CORP US N 1 N N N GAMING AND LEISURE PROPERTIES INC 5493006GWRDBCZYWTM57 GAMING AND LEISURE PROPRTI INC 36467J108 1045.00000000 NS USD 50672.05000000 2.220871715306 Long EC CORP US N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC WT 09/10/27 23284C110 113.00000000 NS USD 263.29000000 0.011539563012 Long EC CORP US N 1 N N N SPIRIT REALTY CAPITAL INC 549300LTU6LVPZSHMJ25 SPIRIT RLTY CAP INC 84860W300 668.00000000 NS USD 32685.24000000 1.432539733916 Long EC CORP US N 1 N N N IRON MOUNTAIN INC SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC 46284V101 638.00000000 NS USD 29118.32000000 1.276207559892 Long EC CORP US N 1 N N N DUKE REALTY CORP 254900E47KH1NFFKNF25 DUKE REALTY CORP REIT 264411505 1981.00000000 NS USD 111411.44000000 4.882978207069 Long EC CORP US N 1 N N N AMERICAN ASSETS TRUST INC N/A AMERICAN ASSETS TRUST INC 024013104 351.00000000 NS USD 13278.33000000 0.581967130272 Long EC CORP US N 1 N N N EQUITY LIFESTYLE PROPERTIES INC 529900PEQG66LENB6798 EQUITY LIFESTYLE PPTYS INC 29472R108 769.00000000 NS USD 64988.19000000 2.848324332643 Long EC CORP US N 1 N N N HOST HOTELS and RESORTS INC N6EL63S0K3PB1YFTDI24 HOST HOTELS and RESORTS INC 44107P104 1807.00000000 NS USD 30411.81000000 1.332899076320 Long EC CORP US N 1 N N N UDR INC P3CH2EG5X6Z1XWU1OO74 UDR INC 902653104 1313.00000000 NS USD 72910.89000000 3.195563103106 Long EC CORP US N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC A 23284C102 728.00000000 NS USD 7236.32000000 0.317155876087 Long EC CORP US N 1 N N N SBA COMMUNICATIONS CORP 5299001HX8ZN8Y8QIT49 SBA COMMUNICATIONS CORP 78410G104 467.00000000 NS USD 161269.11000000 7.068157000784 Long EC CORP US N 1 N N N DIAMONDROCK HOSPITALITY CO 529900KKD4BPVBUAQ734 DIAMONDROCK HOSPITALITY CO 252784301 1745.00000000 NS USD 15774.80000000 0.691383260290 Long EC CORP US N 1 N N N REGENCY CENTERS CORP(REIT) 529900053A7X7FJ97S58 REGENCY CENTERS CORP REIT 758849103 469.00000000 NS USD 33022.29000000 1.447312075111 Long EC CORP US N 1 N N N PROLOGIS INC 529900DFH19P073LZ636 PROLOGIS INC REIT 74340W103 1154.00000000 NS USD 167283.84000000 7.331772617918 Long EC CORP US N 1 N N N REALOGY HOLDINGS CORP 5493004HBTOTE9DI9P12 REALOGY HOLDINGS CORP 75605Y106 616.00000000 NS USD 10669.12000000 0.467609793470 Long EC CORP US N 1 N N N LAMAR ADVERTISING CO 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO CL A 512816109 219.00000000 NS USD 24790.80000000 1.086539552274 Long EC CORP US N 1 N N N 2021-11-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_2928_20211031.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity Flex® Funds
Fidelity Flex® Real Estate Fund
October 31, 2021
ZXL-NPRT1-1221
1.9881645.104
Common Stocks - 99.9%
 
  
Shares
Value ($)
 
Equity Real Estate Investment Trusts (REITs) - 95.1%
 
  
  
REITs - Apartments - 9.5%
  
  
  
American Homes 4 Rent Class A
 
830
33,698
Invitation Homes, Inc.
 
986
40,673
Mid-America Apartment Communities, Inc.
 
339
69,227
UDR, Inc.
 
1,313
72,911
 
  
  
216,509
REITs - Diversified - 39.2%
  
  
  
Apartment Income (REIT) Corp.
 
513
27,502
Crown Castle International Corp.
 
1,160
209,149
Digital Realty Trust, Inc.
 
1,029
162,386
Duke Realty Corp.
 
1,981
111,411
Equinix, Inc.
 
107
89,566
Gaming & Leisure Properties
 
1,045
50,672
Lamar Advertising Co. Class A
 
219
24,791
SBA Communications Corp. Class A
 
467
161,269
VICI Properties, Inc.
 
1,422
41,736
Washington REIT (SBI)
 
667
16,908
 
  
  
895,390
REITs - Health Care - 9.5%
  
  
  
Medical Properties Trust, Inc.
 
1,517
32,358
Ventas, Inc.
 
1,319
70,395
Welltower, Inc.
 
1,414
113,686
 
  
  
216,439
REITs - Hotels - 3.3%
  
  
  
DiamondRock Hospitality Co. (a)
  
1,745
15,775
Host Hotels & Resorts, Inc. (a)
  
1,807
30,412
RLJ Lodging Trust
 
1,245
17,953
Ryman Hospitality Properties, Inc. (a)
  
130
11,120
 
  
  
75,260
REITs - Management/Investment - 4.5%
  
  
  
American Assets Trust, Inc.
 
351
13,278
Lexington Corporate Properties Trust
 
1,461
21,287
National Retail Properties, Inc.
 
951
43,137
Weyerhaeuser Co.
 
688
24,575
 
  
  
102,277
REITs - Manufactured Homes - 5.0%
  
  
  
Equity Lifestyle Properties, Inc.
 
769
64,988
Sun Communities, Inc.
 
257
50,367
 
  
  
115,355
REITs - Office Property - 4.0%
  
  
  
Highwoods Properties, Inc. (SBI)
 
345
15,470
Mack-Cali Realty Corp. (a)
  
657
11,951
Piedmont Office Realty Trust, Inc. Class A
 
562
9,981
VEREIT, Inc.
 
1,094
55,028
 
  
  
92,430
REITs - Shopping Centers - 3.4%
  
  
  
Kimco Realty Corp.
 
1,520
34,352
Phillips Edison & Co., Inc.
 
320
9,645
Regency Centers Corp.
 
469
33,022
 
  
  
77,019
REITs - Single Tenant - 2.0%
  
  
  
Four Corners Property Trust, Inc.
 
413
11,977
Spirit Realty Capital, Inc.
 
668
32,685
 
  
  
44,662
REITs - Storage - 7.4%
  
  
  
CubeSmart
 
1,358
74,704
Extra Space Storage, Inc.
 
325
64,145
Iron Mountain, Inc.
 
638
29,118
 
  
  
167,967
REITs - Warehouse/Industrial - 7.3%
  
  
  
Prologis (REIT), Inc.
 
1,154
167,284
TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)
  
  
2,170,592
IT Services - 0.3%
 
  
  
Internet Services & Infrastructure - 0.3%
  
  
  
Cyxtera Technologies, Inc.:
  
  
  
 warrants 9/10/27 (a)
  
113
263
 Class A (a)
  
728
7,236
 
  
  
7,499
Real Estate Management & Development - 4.5%
 
  
  
Real Estate Development - 1.1%
  
  
  
Instone Real Estate Group BV (b)
  
907
23,906
Real Estate Services - 3.4%
  
  
  
CBRE Group, Inc. (a)
  
648
67,444
Realogy Holdings Corp. (a)
  
616
10,669
 
  
  
78,113
TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT
  
  
102,019
 
TOTAL COMMON STOCKS
 (Cost $1,824,838)
  
  
  
2,280,110
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.9%
 (Cost $1,824,838)
 
  
 
2,280,110
NET OTHER ASSETS (LIABILITIES) - 0.1%  
2,144
NET ASSETS - 100.0%
2,282,254
 
  
Legend
 
(a)
Non-income producing
 
(b)
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 $23,906 or 1.0% of net assets.
 
 
 
 
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 0.06%
10,589
-
10,589
-
-
-
-
0.0%
Total
10,589
-
10,589
-
-
-
-
  
 
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
 
 
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 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 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.
 
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.
 
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.