0001752724-22-012488.txt : 20220125 0001752724-22-012488.hdr.sgml : 20220125 20220125145214 ACCESSION NUMBER: 0001752724-22-012488 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211130 FILED AS OF DATE: 20220125 PERIOD START: 20220228 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: 22553306 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 1-800-FIDELITY Select Banking Portfolio S000007475 FS8LFFVCCRDRE4GVWH41 2022-02-28 2021-11-30 N 617181557.49 9830052.52 607351504.97 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 14107.01000000 N CAMDEN NATIONAL CORP 549300ZVEDL2L8UW4F28 CAMDEN NATIONAL CORP 133034108 9632.00000000 NS USD 441338.24000000 0.072666032172 Long EC CORP US N 1 N N N ONEMAIN HLDGS INC 549300E3VEW8SMS5XW09 ONEMAIN HOLDINGS INC 68268W103 90800.00000000 NS USD 4520932.00000000 0.744368288051 Long EC CORP US N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 STATE STREET CORP 857477103 153200.00000000 NS USD 13630204.00000000 2.244203544152 Long EC CORP US N 1 N N N ESSENT GROUP LTD 254900QUO860OUT6ZF83 ESSENT GROUP LTD N/A 317629.00000000 NS USD 13207013.82000000 2.174525577351 Long EC CORP BM N 1 N N N FIRST INTERSTATE BANCSYSTEM INC 549300WRWYTYX0RCNJ43 FIRST INTST BANCSYST INC CL A 32055Y201 142188.00000000 NS USD 5801270.40000000 0.955175109064 Long EC CORP US N 1 N N COMMUNITY TRUST BANCORP INC N/A COMMUNITY TRUST BANCORP INC 204149108 159676.00000000 NS USD 6706392.00000000 1.104202746699 Long EC CORP US N 1 N N N FIRST SOURCE CORP N/A FIRST SOURCE CORP 336901103 153281.00000000 NS USD 7089246.25000000 1.167239430871 Long EC CORP US N 1 N N N HUNTINGTON BANCSHARES INC/OH 549300XTVCVV9I7B5T19 HUNTINGTON BANCSHARES INC 446150104 1334800.00000000 NS USD 19808432.00000000 3.261444458094 Long EC CORP US N 1 N N N LAKELAND FINANCIAL CORP N/A LAKELAND FINANCIAL CORP 511656100 62300.00000000 NS USD 4399626.00000000 0.724395340095 Long EC CORP US N 1 N N UMB Financial Corp 549300MGEH3N3CUCV828 UMB FINANCIAL CORP 902788108 74966.00000000 NS USD 7540080.28000000 1.241468938217 Long EC CORP US N 1 N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL 902973304 544900.00000000 NS USD 30154766.00000000 4.964961106252 Long EC CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP 14040H105 47000.00000000 NS USD 6604910.00000000 1.087493806461 Long EC CORP US N 1 N N N CONNECTONE BANCORP INC 549300E2M5ZYAZKUK134 CONNECTONE BANCORP INC 20786W107 162100.00000000 NS USD 5268250.00000000 0.867413673447 Long EC CORP US N 1 N N N BANK NEW YORK MELLON CORP WFLLPEPC7FZXENRZV188 BANK OF NEW YORK MELLON CORP 064058100 204300.00000000 NS USD 11193597.00000000 1.843017907818 Long EC CORP US N 1 N N N COMERICA INC I9Q57JVPWHHZ3ZGBW498 COMERICA INC 200340107 130600.00000000 NS USD 10778418.00000000 1.774658976194 Long EC CORP US N 1 N N N ZIONS BANCORP NA YYQWUR1Z2BCX32HQS333 ZIONS BANCORP 989701107 162050.00000000 NS USD 10222114.00000000 1.683063912141 Long EC CORP US N 1 N N N HEARTLAND FINANCIAL USA INC 549300QF7B0DFZT32C73 HEARTLAND FINANCIAL USA INC 42234Q102 261900.00000000 NS USD 12440250.00000000 2.048278451308 Long EC CORP US N 1 N N N PREFERRED BANK LOS ANGELES CA 5493007K6HGI9G0ECX16 PREFERRED BANK LOS ANGELES 740367404 140095.00000000 NS USD 9547474.25000000 1.571984949715 Long EC CORP US N 1 N N N POPULAR INC 5493008CARDZMVQ3LO89 POPULAR INC 733174700 168400.00000000 NS USD 13104888.00000000 2.157710632601 Long EC CORP PR N 1 N N N WESBANCO INC N/A WESBANCO INC 950810101 267300.00000000 NS USD 8700615.00000000 1.432550167209 Long EC CORP US N 1 N N N AMERIS BANCORP PBJHNT51T5V6G5UQFV42 AMERIS BANCORP 03076K108 131460.00000000 NS USD 6398158.20000000 1.053452267367 Long EC CORP US N 1 N N WINTRUST FINANCIAL CORP Q774KI4AW80FHFW33O61 WINTRUST FINANCIAL CORP 97650W108 154300.00000000 NS USD 13505879.00000000 2.223733519960 Long EC CORP US N 1 N N N GREAT WESTERN BANCORP INC 5493004X4OTHDTFBHI90 GREAT WESTERN BANCORP INC 391416104 354662.00000000 NS USD 11898910.10000000 1.959147215842 Long EC CORP US N 1 N N N SOUTHERN MISSOURI BANCORP INC N/A SOUTHERN MISSOURI BANCORP INC 843380106 26700.00000000 NS USD 1426047.00000000 0.234797639971 Long EC CORP US N 1 N N N PEOPLES UNITED FINANCIAL INC ROPY7PEPIPIDJNF0BO69 PEOPLES UNITED FINANCIAL INC 712704105 527000.00000000 NS USD 8980080.00000000 1.478563883766 Long EC CORP US N 1 N N N M and T BANK CORP 549300WYXDDBYRASEG81 M and T BANK CORP 55261F104 164900.00000000 NS USD 24175989.00000000 3.980559659796 Long EC CORP US N 1 N N N SIERRA BANCORP N/A SIERRA BANCORP 82620P102 129800.00000000 NS USD 3268364.00000000 0.538133843952 Long EC CORP US N 1 N N N BOK FINANCIAL CORP GRI2NT5QHYW751NMR949 BOK FINANCIAL COMMON NEW 05561Q201 157600.00000000 NS USD 16265896.00000000 2.678168386329 Long EC CORP US N 1 N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP 493267108 532000.00000000 NS USD 11938080.00000000 1.965596512449 Long EC CORP US N 1 N N N BANK OZK 549300UULWC5CKW0VZ48 BANK OZK 06417N103 302900.00000000 NS USD 13542659.00000000 2.229789321205 Long EC CORP US N 1 N N N FIRST HORIZON CORP TF3RXI1ZB1TQ30H9JV10 FIRST HORIZON CORP 320517105 901700.00000000 NS USD 14544421.00000000 2.394728733028 Long EC CORP US N 1 N N N EASTERN BANKSHARES INC 549300J245MBQU3DO403 EASTERN BANKSHARES INC 27627N105 154700.00000000 NS USD 3114111.00000000 0.512736195517 Long EC CORP US N 1 N N N RADIAN GROUP INC 54930005OUP720S5U385 RADIAN GROUP INC 750236101 335836.00000000 NS USD 6840979.32000000 1.126362454693 Long EC CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 172967424 453900.00000000 NS USD 28913430.00000000 4.760576003088 Long EC CORP US N 1 N N N SIGNATURE BK NEW YORK NY VLP5AP0XK2GM6GKD1007 SIGNATURE BANK 82669G104 44090.00000000 NS USD 13328407.00000000 2.194512879433 Long EC CORP US N 1 N N N FIRST MIDWEST BANCORP INC DEL 7XRS7ORI584PF41IVU88 FIRST MIDWEST BANCORP INC DEL 320867104 256500.00000000 NS USD 5060745.00000000 0.833248120501 Long EC CORP US N 1 N N N MGIC INVESTMENT CORP 254900S8483WM4M98R28 MGIC INVESTMENT CORP 552848103 944300.00000000 NS USD 13314630.00000000 2.192244506030 Long EC CORP US N 1 N N N NMI HOLDINGS INC 529900KNNGFXJX1C3Z08 NMI HOLDINGS INC 629209305 539202.00000000 NS USD 10568359.20000000 1.740072941866 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 3875830.31200000 NS USD 3876605.48000000 0.638280377718 Long STIV RF US N 1 N N N PHOENIX VEGA MEZZ PLC 2138005HBG5SYXSOFN83 PHOENIX VEGA MEZZ PLC N/A 330200.00000000 NS 20484.05000000 0.003372684488 Long EC CORP CY N 1 N N N AMERICAN NATIONAL BANKSHARES INC 5493001AQ734BV16EM88 AMERICAN NATL BANKSHARES INC 027745108 177186.00000000 NS USD 6481463.88000000 1.067168489245 Long EC CORP US N 1 N N N UNIVEST FINANCIAL CORP 4WII2HCR8UEWNU03U507 UNIVEST FINANCIAL CORP 915271100 282200.00000000 NS USD 7780254.00000000 1.281013373035 Long EC CORP US N 1 N N N PIRAEUS FINANCIAL HOLDINGS SA M6AD1Y1KW32H8THQ6F76 PIRAEUS FINANCIAL HOLDINGS SA N/A 330200.00000000 NS 477836.25000000 0.078675403961 Long EC CORP GR N 1 N N N ASSOCIATED BANC CORP 549300N3CIN473IW5094 ASSOCIATED BANC CORP 045487105 588600.00000000 NS USD 12890340.00000000 2.122385454636 Long EC CORP US N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINL CORP 89832Q109 260900.00000000 NS USD 15473979.00000000 2.547779806812 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 8724502.54600000 NS USD 8725375.00000000 1.436626883871 Long STIV RF US N 1 N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO 949746101 821992.00000000 NS USD 39274777.76000000 6.466564656317 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 060505104 891776.00000000 NS USD 39657278.72000000 6.529543171537 Long EC CORP US N 1 N N N TRICO BANCSHARES N/A TRICO BANCSHARES 896095106 106087.00000000 NS USD 4472627.92000000 0.736415055104 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A EAST WEST BANCORP INC 27579R104 220300.00000000 NS USD 16963100.00000000 2.792962536717 Long EC CORP US N 1 N N N PACWEST BANCORP DE 549300YI8VMFO7G36V04 PACWEST BANCORP 695263103 333336.00000000 NS USD 14913452.64000000 2.455489534143 Long EC CORP US N 1 N N N CADENCE BANK Q7C315HKI8VX0SSKBS64 CADENCE BANK 12740C103 360239.00000000 NS USD 10526183.58000000 1.733128755566 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 133900.00000000 NS USD 26378300.00000000 4.343168623794 Long EC CORP US N 1 N N N 2021-12-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_507_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Banking Portfolio
November 30, 2021
BAN-NPRT3-0122
1.810667.117
Common Stocks - 99.4%
 
  
Shares
Value ($)
 
Banks - 86.0%
 
  
  
Diversified Banks - 22.8%
  
  
  
Bank of America Corp.
 
891,776
39,657,280
Citigroup, Inc.
 
453,900
28,913,430
Piraeus Financial Holdings SA (a)
  
330,200
477,836
U.S. Bancorp
 
544,900
30,154,766
Wells Fargo & Co.
 
821,992
39,274,778
 
  
  
138,478,090
Regional Banks - 63.2%
  
  
  
1st Source Corp.
 
153,281
7,089,246
American National Bankshares, Inc.
 
177,186
6,481,464
Ameris Bancorp (b)
  
131,460
6,398,158
Associated Banc-Corp.
 
588,600
12,890,340
Bank OZK
 
302,900
13,542,659
BOK Financial Corp.
 
157,600
16,265,896
Cadence Bank
 
360,239
10,526,184
Camden National Corp.
 
9,632
441,338
Comerica, Inc.
 
130,600
10,778,418
Community Trust Bancorp, Inc.
 
159,676
6,706,392
ConnectOne Bancorp, Inc.
 
162,100
5,268,250
East West Bancorp, Inc.
 
220,300
16,963,100
Eastern Bankshares, Inc.
 
154,700
3,114,111
First Horizon National Corp.
 
901,700
14,544,421
First Interstate Bancsystem, Inc. (b)
  
142,188
5,801,270
First Midwest Bancorp, Inc., Delaware
 
256,500
5,060,745
Great Western Bancorp, Inc.
 
354,662
11,898,910
Heartland Financial U.S.A., Inc.
 
261,900
12,440,250
Huntington Bancshares, Inc.
 
1,334,800
19,808,432
KeyCorp
 
532,000
11,938,080
Lakeland Financial Corp. (b)
  
62,300
4,399,626
M&T Bank Corp.
 
164,900
24,175,989
PacWest Bancorp
 
333,336
14,913,453
Peoples United Financial, Inc.
 
527,000
8,980,080
PNC Financial Services Group, Inc.
 
133,900
26,378,300
Popular, Inc.
 
168,400
13,104,888
Preferred Bank, Los Angeles
 
140,095
9,547,474
Sierra Bancorp
 
129,800
3,268,364
Signature Bank
 
44,090
13,328,407
Trico Bancshares
 
106,087
4,472,628
Truist Financial Corp.
 
260,900
15,473,979
UMB Financial Corp.
 
74,966
7,540,080
Univest Corp. of Pennsylvania
 
282,200
7,780,254
WesBanco, Inc.
 
267,300
8,700,615
Wintrust Financial Corp.
 
154,300
13,505,879
Zions Bancorp NA
 
162,050
10,222,114
 
  
  
383,749,794
TOTAL BANKS
  
  
522,227,884
Capital Markets - 4.1%
 
  
  
Asset Management & Custody Banks - 4.1%
  
  
  
Bank of New York Mellon Corp.
 
204,300
11,193,597
State Street Corp.
 
153,200
13,630,204
 
  
  
24,823,801
Consumer Finance - 1.8%
 
  
  
Consumer Finance - 1.8%
  
  
  
Capital One Financial Corp.
 
47,000
6,604,910
OneMain Holdings, Inc.
 
90,800
4,520,932
 
  
  
11,125,842
Diversified Financial Services - 0.0%
 
  
  
Other Diversified Financial Services - 0.0%
  
  
  
Phoenix Vega Mezz PLC
 
330,200
20,484
Thrifts & Mortgage Finance - 7.5%
 
  
  
Thrifts & Mortgage Finance - 7.5%
  
  
  
Essent Group Ltd.
 
317,629
13,207,014
MGIC Investment Corp.
 
944,300
13,314,630
NMI Holdings, Inc. (a)
  
539,202
10,568,359
Radian Group, Inc.
 
335,836
6,840,979
Southern Missouri Bancorp, Inc.
 
26,700
1,426,047
 
  
  
45,357,029
 
TOTAL COMMON STOCKS
 (Cost $448,913,967)
  
  
  
603,555,040
 
  
  
  
Money Market Funds - 2.1%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (c)
  
3,875,830
3,876,605
Fidelity Securities Lending Cash Central Fund 0.07% (c)(d)
  
8,693,056
8,693,925
 
TOTAL MONEY MARKET FUNDS
 (Cost $12,570,530)
  
  
12,570,530
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.5%
 (Cost $461,484,497)
 
  
 
616,125,570
NET OTHER ASSETS (LIABILITIES) - (1.5)%  
(9,051,593)
NET ASSETS - 100.0%
607,073,977
 
  
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 0.06%
6,125,655
117,946,474
120,195,524
1,083
-
-
3,876,605
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
-
71,853,389
63,159,464
1,400
-
-
8,693,925
0.0%
Total
6,125,655
189,799,863
183,354,988
2,483
-
-
12,570,530
  
 
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. 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.
 
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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