Common Stocks - 99.7%
|
|||
Shares
|
Value ($)
(000s)
|
||
Equity Real Estate Investment Trusts (REITs) - 94.9%
|
|||
REITs - Apartments - 9.5%
|
|||
American Homes 4 Rent Class A
|
2,164,000
|
87,858
|
|
Invitation Homes, Inc.
|
2,604,200
|
107,423
|
|
Mid-America Apartment Communities, Inc.
|
882,500
|
180,215
|
|
UDR, Inc.
|
3,420,141
|
189,920
|
|
565,416
|
|||
REITs - Diversified - 39.0%
|
|||
Apartment Income (REIT) Corp.
|
1,355,468
|
72,667
|
|
Crown Castle International Corp.
|
3,025,700
|
545,537
|
|
Digital Realty Trust, Inc.
|
2,674,100
|
422,000
|
|
Duke Realty Corp.
|
5,124,400
|
288,196
|
|
Equinix, Inc.
|
267,300
|
223,749
|
|
Gaming & Leisure Properties
|
2,686,210
|
130,254
|
|
Lamar Advertising Co. Class A
|
570,100
|
64,535
|
|
SBA Communications Corp. Class A
|
1,223,483
|
422,505
|
|
VICI Properties, Inc. (a)
|
3,716,300
|
109,073
|
|
Washington REIT (SBI)
|
1,697,000
|
43,019
|
|
2,321,535
|
|||
REITs - Health Care - 9.5%
|
|||
Medical Properties Trust, Inc.
|
4,038,273
|
86,136
|
|
Ventas, Inc.
|
3,468,354
|
185,106
|
|
Welltower, Inc.
|
3,708,740
|
298,183
|
|
569,425
|
|||
REITs - Hotels - 3.3%
|
|||
DiamondRock Hospitality Co. (b)
|
4,599,200
|
41,577
|
|
Host Hotels & Resorts, Inc. (b)
|
4,691,400
|
78,956
|
|
RLJ Lodging Trust
|
3,113,995
|
44,904
|
|
Ryman Hospitality Properties, Inc. (b)
|
347,500
|
29,725
|
|
195,162
|
|||
REITs - Management/Investment - 4.6%
|
|||
American Assets Trust, Inc.
|
944,600
|
35,734
|
|
Lexington Corporate Properties Trust
|
4,454,900
|
64,908
|
|
National Retail Properties, Inc.
|
2,486,000
|
112,765
|
|
Weyerhaeuser Co.
|
1,757,300
|
62,771
|
|
276,178
|
|||
REITs - Manufactured Homes - 5.1%
|
|||
Equity Lifestyle Properties, Inc.
|
2,030,374
|
171,587
|
|
Sun Communities, Inc.
|
667,463
|
130,809
|
|
302,396
|
|||
REITs - Office Property - 4.0%
|
|||
Highwoods Properties, Inc. (SBI)
|
869,923
|
39,007
|
|
Mack-Cali Realty Corp. (b)
|
1,673,300
|
30,437
|
|
Piedmont Office Realty Trust, Inc. Class A
|
1,393,900
|
24,756
|
|
VEREIT, Inc.
|
2,837,937
|
142,748
|
|
236,948
|
|||
REITs - Shopping Centers - 3.4%
|
|||
Kimco Realty Corp.
|
4,022,090
|
90,899
|
|
Phillips Edison & Co., Inc.
|
842,300
|
25,387
|
|
Regency Centers Corp.
|
1,220,500
|
85,935
|
|
202,221
|
|||
REITs - Single Tenant - 1.9%
|
|||
Four Corners Property Trust, Inc.
|
1,097,600
|
31,830
|
|
Spirit Realty Capital, Inc.
|
1,728,800
|
84,590
|
|
116,420
|
|||
REITs - Storage - 7.3%
|
|||
CubeSmart
|
3,541,900
|
194,840
|
|
Extra Space Storage, Inc.
|
847,840
|
167,338
|
|
Iron Mountain, Inc. (a)
|
1,640,200
|
74,859
|
|
437,037
|
|||
REITs - Warehouse/Industrial - 7.3%
|
|||
Prologis (REIT), Inc.
|
2,987,230
|
433,029
|
|
TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)
|
5,655,767
|
||
IT Services - 0.3%
|
|||
Internet Services & Infrastructure - 0.3%
|
|||
Cyxtera Technologies, Inc. (c)
|
1,500,000
|
14,910
|
|
Cyxtera Technologies, Inc. Class A (b)
|
320,000
|
3,181
|
|
18,091
|
|||
Real Estate Management & Development - 4.5%
|
|||
Real Estate Development - 1.1%
|
|||
Instone Real Estate Group BV (d)(e)
|
2,384,473
|
62,847
|
|
Real Estate Services - 3.4%
|
|||
CBRE Group, Inc. (b)
|
1,696,200
|
176,540
|
|
Realogy Holdings Corp. (b)
|
1,612,500
|
27,929
|
|
204,469
|
|||
TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT
|
267,316
|
||
TOTAL COMMON STOCKS
(Cost $3,947,345)
|
5,941,174
|
||
Money Market Funds - 2.8%
|
|||
Shares
|
Value ($)
(000s)
|
||
Fidelity Cash Central Fund 0.06% (f)
|
14,046,263
|
14,049
|
|
Fidelity Securities Lending Cash Central Fund 0.06% (f)(g)
|
149,848,915
|
149,864
|
|
TOTAL MONEY MARKET FUNDS
(Cost $163,913)
|
163,913
|
||
TOTAL INVESTMENT IN SECURITIES - 102.5%
(Cost $4,111,258)
|
6,105,087
|
NET OTHER ASSETS (LIABILITIES) - (2.5)%
|
(149,039)
|
NET ASSETS - 100.0%
|
5,956,048
|
(a)
|
Security or a portion of the security is on loan at period end.
|
(b)
|
Non-income producing
|
(c)
|
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $14,910,000 or 0.3% of net assets.
|
(d)
|
Affiliated company
|
(e)
|
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 $62,847,000 or 1.1% of net assets.
|
(f)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(g)
|
Investment made with cash collateral received from securities on loan.
|
Additional information on each restricted holding is as follows:
|
||
Security
|
Acquisition Date
|
Acquisition Cost ($)
(000s)
|
Cyxtera Technologies, Inc.
|
2/21/21
|
15,000
|
Affiliate (Amounts in thousands)
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
%ownership,
end
of period
|
Fidelity Cash Central Fund 0.06%
|
7,830
|
171,273
|
165,054
|
9
|
-
|
-
|
14,049
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 0.06%
|
157,415
|
164,305
|
171,856
|
32
|
-
|
-
|
149,864
|
0.4%
|
Total
|
165,245
|
335,578
|
336,910
|
41
|
-
|
-
|
163,913
|
Affiliate (Amounts in thousands)
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Instone Real Estate Group BV
|
71,987
|
1,824
|
-
|
-
|
-
|
(10,964)
|
62,847
|
Total
|
71,987
|
1,824
|
-
|
-
|
-
|
(10,964)
|
62,847
|