0001752724-22-012496.txt : 20220125 0001752724-22-012496.hdr.sgml : 20220125 20220125145401 ACCESSION NUMBER: 0001752724-22-012496 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: 22553320 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 S000007494 Construction and Housing Portfolio C000020468 Construction and Housing Portfolio FSHOX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007494 C000020468 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Construction and Housing Portfolio S000007494 2Q6WCC8M8RGTBPEOTM44 2022-02-28 2021-11-30 N 730308165.31 12668017.52 717640147.79 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 TEMPUR SEALY INTERNATIONAL INC 549300HFEKVR3US71V91 TEMPUR SEALY INTERNATIONAL INC 88023U101 313600.00000000 NS USD 13434624.00000000 1.872055798630 Long EC CORP US N 1 N N N RESIDEO TECHNOLOGIES INC 5493006TKFPYISY2DS54 RESIDEO TECHNOLOGIES INC 76118Y104 141100.00000000 NS USD 3681299.00000000 0.512972833437 Long EC CORP US N 1 N N N AZEK CO INC/THE N/A AZEK CO INC 05478C105 90900.00000000 NS USD 3565098.00000000 0.496780734882 Long EC CORP US N 1 N N N Blu Homes Inc N/A BLU INVESTMENTS LLC PP N/A 11990913.00000000 NS USD 3717.18000000 0.000517972693 Long EC CORP US Y 3 N N N QUANTA SVCS INC SHVRXXEACT60MMH07S24 QUANTA SVCS INC 74762E102 76699.00000000 NS USD 8726812.22000000 1.216042921633 Long EC CORP US N 1 N N N COMFORT SYSTEMS USA INC 5299009DT1ZA5HTU6R38 COMFORT SYSTEMS USA INC 199908104 49429.00000000 NS USD 4689329.23000000 0.653437414899 Long EC CORP US N 1 N N N CARRIER GLOBAL CORP 549300JE3W6CWY2NAN77 CARRIER GLOBAL CORP 14448C104 227900.00000000 NS USD 12333948.00000000 1.718681436369 Long EC CORP US N 1 N N N APOGEE ENTERPRISES INC. 549300579S7QW8V4IJ60 APOGEE ENTERPRISES INC 037598109 141200.00000000 NS USD 5831560.00000000 0.812602251693 Long EC CORP US N 1 N N LOWES COS INC WAFCR4OKGSC504WU3E95 LOWES COS INC 548661107 500595.00000000 NS USD 122440531.05000000 17.06154977910 Long EC CORP US N 1 N N N RMR GROUP INC 549300JP4L34E48UJM16 RMR GROUP INC W/I 74967R106 95060.00000000 NS USD 3105610.20000000 0.432753129763 Long EC CORP US N 1 N N N CUSHMAN and WAKEFIELD PLC N/A CUSHMAN and WAKEFIELD PLC N/A 180895.00000000 NS USD 3198223.60000000 0.445658399944 Long EC CORP GB N 1 N N N VULCAN MATERIALS CO 549300Q8LSNHAVWBNI21 VULCAN MATERIALS CO 929160109 124276.00000000 NS USD 23816252.64000000 3.318690114166 Long EC CORP US N 1 N N N DR HORTON INC 529900ZIUEYVSB8QDD25 DR HORTON INC 23331A109 54256.00000000 NS USD 5300811.20000000 0.738644739473 Long EC CORP US N 1 N N N UFP INDUSTRIES INC 5493007KB485C9OV5572 UFP INDUSTRIES INC 90278Q108 108826.00000000 NS USD 9063029.28000000 1.262893291005 Long EC CORP US N 1 N N N HOME DEPOT INC QEKMOTMBBKA8I816DO57 HOME DEPOT INC 437076102 330390.00000000 NS USD 132357537.90000000 18.44344109058 Long EC CORP US N 1 N N N BEACON ROOFING SUPPLY INC 549300HDXQWWCBOYXP31 BEACON ROOFING SUPPLY INC 073685109 270203.00000000 NS USD 13485831.73000000 1.879191370707 Long EC CORP US N 1 N N N PPG INDUSTRIES INC 549300BKPEP01R3V6C59 PPG INDUSTRIES INC 693506107 21200.00000000 NS USD 3268404.00000000 0.455437730186 Long EC CORP US N 1 N N N SIMPSON MANUFACTURING CO 529900EJUNNL15LZ8056 SIMPSON MANUFACTURING CO 829073105 67400.00000000 NS USD 7775264.00000000 1.083448859981 Long EC CORP US N 1 N N N TOLL BROS INC 529900JB6IS9MSZGVR44 TOLL BROTHERS INC 889478103 207200.00000000 NS USD 13150984.00000000 1.832531811451 Long EC CORP US N 1 N N N EQUITY RESIDENTIAL 5493008RACSH5EP3PI59 EQUITY RESIDENTIAL REIT 29476L107 522100.00000000 NS USD 44540351.00000000 6.206502121873 Long EC CORP US N 1 N N N INSTALLED BUILDING PRODUCTS INC 549300I95Y9P9YM5FI86 INSTALLED BUILDING PRODUCTS INC 45780R101 99838.00000000 NS USD 12888087.42000000 1.795898328666 Long EC CORP US N 1 N N N GRANITE CONSTRUCTION INC 549300OM4BWMCIXVCZ39 GRANITE CONSTRUCTION INC 387328107 148618.00000000 NS USD 5778267.84000000 0.805176223458 Long EC CORP US N 1 N N FLOOR and DECOR HOLDINGS INC 549300M5FR3N688XGQ36 FLOOR and DECOR HOLDINGS INC 339750101 121400.00000000 NS USD 15649674.00000000 2.180713279238 Long EC CORP US N 1 N N N PULTE GROUP INC N/A PULTEGROUP INC 745867101 284885.00000000 NS USD 14252796.55000000 1.986064546958 Long EC CORP US N 1 N N N EMCOR GROUP INC 529900X0SQJB2J7YDU43 EMCOR GROUP INC 29084Q100 40470.00000000 NS USD 4829689.80000000 0.672996043333 Long EC CORP US N 1 N N N WHIRLPOOL CORP WHENKOULSSK7WUM60H03 WHIRLPOOL CORP 963320106 13400.00000000 NS USD 2917716.00000000 0.406570898936 Long EC CORP US N 1 N N N NVR INC 529900RWXR4JI3JYTV70 NVR INC 62944T105 4704.00000000 NS USD 24579999.36000000 3.425114862329 Long EC CORP US N 1 N N N INVITATION HOMES INC N/A INVITATION HOMES INC 46187W107 647000.00000000 NS USD 26164680.00000000 3.645933143592 Long EC CORP US N 1 N N N SHERWIN WILLIAMS CO Z15BMIOX8DDH0X2OBP21 SHERWIN WILLIAMS CO 824348106 14300.00000000 NS USD 4736732.00000000 0.660042782526 Long EC CORP US N 1 N N N SUMMIT MATERIALS INC N/A SUMMIT MATERIALS INC CL A 86614U100 126214.00000000 NS USD 4707782.20000000 0.656008755153 Long EC CORP US N 1 N N MASCO CORP 5GCSNMQXHEYA1JO8QN11 MASCO CORPORATION 574599106 273700.00000000 NS USD 18036830.00000000 2.513352974404 Long EC CORP US N 1 N N N WASHINGTON REAL ESTATE INVS TR 549300DI34BGS8LVKW95 WASHINGTON REAL ESTATE IVST TR 939653101 850700.00000000 NS USD 21437640.00000000 2.987240898661 Long EC CORP US N 1 N N N FLUOR CORP NEW CQ7WZ4NOFWT7FAE6Q943 FLUOR CORP 343412102 203300.00000000 NS USD 4494963.00000000 0.626353335141 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 8376592.88100000 NS USD 8378268.20000000 1.167474844572 Long STIV RF US N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC PIPE N/A 200000.00000000 NS USD 1982000.00000000 0.276182987546 Long EC CORP US Y 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 TRANE TECHNOLOGIES PLC N/A 85900.00000000 NS USD 16033235.00000000 2.234160818534 Long EC CORP IE N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC WT 09/10/27 23284C110 82575.00000000 NS USD 184142.25000000 0.025659413087 Long EC CORP US N 1 N N N WILLIAMS-SONOMA INC 549300IARG6YWVTZ1I92 WILLIAMS-SONOMA INC 969904101 29700.00000000 NS USD 5786748.00000000 0.806357896477 Long EC CORP US N 1 N N N ADVANCED DRAIN SYS INC DEL 6QQTOZ5MF5DHM7K92I60 ADVANCED DRAINAGE SYSTEMS INC 00790R104 52400.00000000 NS USD 6482404.00000000 0.903294502120 Long EC CORP US N 1 N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 BUILDERS FIRSTSOURCE 12008R107 326235.00000000 NS USD 22653758.40000000 3.156701651902 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 8381936.79300000 NS USD 8382774.99000000 1.168102845947 Long STIV RF US N 1 N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 447350.00000000 NS USD 17039561.50000000 2.374387992711 Long EC CORP US N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC A 23284C102 320087.00000000 NS USD 3172062.17000000 0.442012919674 Long EC CORP US N 1 N N JOHNSON CONTROLS INTERNATIONAL PLC 549300XQ6S1GYKGBL205 JOHNSON CONTROLS INTERNATIONAL PLC N/A 429351.00000000 NS USD 32098280.76000000 4.472754326642 Long EC CORP IE N 1 N N N LAMAR ADVERTISING CO 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO CL A 512816109 102382.00000000 NS USD 11186257.32000000 1.558755785117 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_511_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Construction and Housing Portfolio
November 30, 2021
HOU-NPRT3-0122
1.810672.117
Common Stocks - 99.1%
 
  
Shares
Value ($)
 
Building Products - 19.8%
 
  
  
Building Products - 19.8%
  
  
  
Advanced Drain Systems, Inc.
 
52,400
6,482,404
Apogee Enterprises, Inc. (a)
  
146,100
6,033,930
Builders FirstSource, Inc. (b)
  
326,235
22,653,758
Carrier Global Corp.
 
239,700
12,972,564
Johnson Controls International PLC
 
433,151
32,382,369
Masco Corp.
 
277,000
18,254,300
Resideo Technologies, Inc. (b)
  
141,100
3,681,299
Simpson Manufacturing Co. Ltd.
 
74,900
8,640,464
The AZEK Co., Inc. (b)
  
136,500
5,353,530
Trane Technologies PLC
 
91,600
17,097,140
UFP Industries, Inc.
 
108,826
9,063,029
 
  
  
142,614,787
Chemicals - 1.1%
 
  
  
Specialty Chemicals - 1.1%
  
  
  
PPG Industries, Inc.
 
21,200
3,268,404
Sherwin-Williams Co.
 
14,300
4,736,732
 
  
  
8,005,136
Construction & Engineering - 6.4%
 
  
  
Construction & Engineering - 6.4%
  
  
  
Comfort Systems U.S.A., Inc.
 
49,429
4,689,329
EMCOR Group, Inc.
 
40,470
4,829,690
Fluor Corp. (b)
  
203,300
4,494,963
Granite Construction, Inc. (a)
  
154,118
5,992,108
Quanta Services, Inc.
 
76,699
8,726,812
Willscot Mobile Mini Holdings (b)
  
454,850
17,325,237
 
  
  
46,058,139
Construction Materials - 4.2%
 
  
  
Construction Materials - 4.2%
  
  
  
Summit Materials, Inc. (a)(b)
  
126,214
4,707,782
Vulcan Materials Co.
 
134,376
25,751,817
 
  
  
30,459,599
Equity Real Estate Investment Trusts (REITs) - 14.9%
 
  
  
Diversified REITs - 3.0%
  
  
  
Washington REIT (SBI)
 
865,100
21,800,520
Residential REITs - 10.3%
  
  
  
Equity Residential (SBI)
 
522,100
44,540,351
Invitation Homes, Inc.
 
726,500
29,379,660
 
  
  
73,920,011
Specialized REITs - 1.6%
  
  
  
Lamar Advertising Co. Class A
 
102,382
11,186,257
TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)
  
  
106,906,788
Household Durables - 11.0%
 
  
  
Home Furnishings - 1.9%
  
  
  
Tempur Sealy International, Inc.
 
324,000
13,880,160
Homebuilding - 8.7%
  
  
  
Blu Investments LLC (b)(c)(d)
  
11,990,913
3,717
D.R. Horton, Inc.
 
60,156
5,877,241
Installed Building Products, Inc.
 
99,838
12,888,087
NVR, Inc. (b)
  
2,769
14,468,966
PulteGroup, Inc.
 
301,885
15,103,307
Toll Brothers, Inc.
 
225,300
14,299,791
 
  
  
62,641,109
Household Appliances - 0.4%
  
  
  
Whirlpool Corp.
 
13,400
2,917,716
TOTAL HOUSEHOLD DURABLES
  
  
79,438,985
IT Services - 0.7%
 
  
  
Internet Services & Infrastructure - 0.7%
  
  
  
Cyxtera Technologies, Inc. (c)
  
200,000
1,982,000
Cyxtera Technologies, Inc.:
  
  
  
 warrants 9/10/27 (b)
  
82,575
184,142
 Class A (a)(b)
  
320,087
3,172,062
 
  
  
5,338,204
Real Estate Management & Development - 0.9%
 
  
  
Diversified Real Estate Activities - 0.4%
  
  
  
The RMR Group, Inc.
 
95,060
3,105,610
Real Estate Services - 0.5%
  
  
  
Cushman & Wakefield PLC (b)
  
180,895
3,198,224
TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT
  
  
6,303,834
Specialty Retail - 38.2%
 
  
  
Home Improvement Retail - 37.4%
  
  
  
Floor & Decor Holdings, Inc. Class A (b)
  
132,600
17,093,466
Lowe's Companies, Inc.
 
501,195
122,587,285
The Home Depot, Inc.
 
323,390
129,553,269
 
  
  
269,234,020
Homefurnishing Retail - 0.8%
  
  
  
Williams-Sonoma, Inc.
 
29,700
5,786,748
TOTAL SPECIALTY RETAIL
  
  
275,020,768
Trading Companies & Distributors - 1.9%
 
  
  
Trading Companies & Distributors - 1.9%
  
  
  
Beacon Roofing Supply, Inc. (b)
  
270,203
13,485,832
 
TOTAL COMMON STOCKS
 (Cost $439,517,077)
  
  
  
713,632,072
 
  
  
  
Money Market Funds - 1.6%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (e)
  
8,376,593
8,378,268
Fidelity Securities Lending Cash Central Fund 0.07% (e)(f)
  
3,340,466
3,340,800
 
TOTAL MONEY MARKET FUNDS
 (Cost $11,719,068)
  
  
11,719,068
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.7%
 (Cost $451,236,145)
 
  
 
725,351,140
NET OTHER ASSETS (LIABILITIES) - (0.7)%  
(5,158,462)
NET ASSETS - 100.0%
720,192,678
 
  
Legend
 
(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 $1,985,717 or 0.3% of net assets.
 
(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.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Blu Investments LLC
5/21/20
20,739
Cyxtera Technologies, Inc.
2/21/21
2,000,000
 
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%
2,984,621
123,573,742
118,180,095
1,712
-
-
8,378,268
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
-
51,084,100
47,743,300
191,313
-
-
3,340,800
0.0%
Total
2,984,621
174,657,842
165,923,395
193,025
-
-
11,719,068
  
 
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.
 
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.