0001752724-22-012497.txt : 20220125 0001752724-22-012497.hdr.sgml : 20220125 20220125145401 ACCESSION NUMBER: 0001752724-22-012497 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: 22553321 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 S000007456 Defense and Aerospace Portfolio C000020430 Defense and Aerospace Portfolio FSDAX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007456 C000020430 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Defense and Aerospace Portfolio S000007456 8QLV2PU5XJFVPSG5HD13 2022-02-28 2021-11-30 N 1447520230.76 22895258.31 1424624972.45 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 ELBIT SYSTEMS LTD 529900Q9CB1REUMZSS32 ELBIT SYSTEMS LTD N/A 144000.00000000 NS USD 21100320.00000000 1.481114006004 Long EC CORP IL N 1 N N AXON ENTERPRISE INC 549300QP2IEEGFE16681 AXON ENTERPRISE INC 05464C101 15000.00000000 NS USD 2531850.00000000 0.177720456187 Long EC CORP US N 1 N N N AIR LEASE CORP 5493004NW4M4P8TMMK63 AIR LEASE CORP CL A 00912X302 300000.00000000 NS USD 12177000.00000000 0.854751266858 Long EC CORP US N 1 N N N TELOS CORP 549300P7ZDPL8UWNVI47 TELOS CORP 87969B101 200000.00000000 NS USD 3150000.00000000 0.221110822912 Long EC CORP US N 1 N N N GENERAL DYNAMICS CORP 9C1X8XOOTYY2FNYTVH06 GENERAL DYNAMICS CORPORATION 369550108 25000.00000000 NS USD 4724250.00000000 0.331613588934 Long EC CORP US N 1 N N N MYNARIC AG 8945004QR4AMZMH84X56 MYNARIC AG UNSPON ADR 62857X101 200000.00000000 NS USD 3258000.00000000 0.228691765412 Long EC CORP DE N 1 N N N KRATOS DEFENSE and SECURITY SOLUTIONS INC 5493000EKBN0UY1F3F88 KRATOS DEFENSE and SEC SOLTN INC 50077B207 3250000.00000000 NS USD 64057500.00000000 4.496446520226 Long EC CORP US N 1 N N N RAYTHEON TECHNOLOGIES CORP I07WOS4YJ0N7YRFE7309 RAYTHEON TECHNOLOGIES CORP 75513E101 1300000.00000000 NS USD 105196000.00000000 7.384118770506 Long EC CORP US N 1 N N N CACI INTERNATIONAL INC SYRPI2D1O9WRTS2WX210 CACI INTERNATIONAL INC 127190304 175000.00000000 NS USD 45400250.00000000 3.186821154898 Long EC CORP US N 1 N N N RBC BEARINGS INC N/A RBC BEARINGS INC 75524B104 75000.00000000 NS USD 14826750.00000000 1.040747585275 Long EC CORP US N 1 N N N KBR INC 254900OFQDXZRKRCV808 KBR INC 48242W106 250000.00000000 NS USD 11000000.00000000 0.772133032392 Long EC CORP US N 1 N N N BWX TECHNOLOGIES INC 549300NP85N265KWMS58 BWX TECHNOLOGIES INC 05605H100 1325000.00000000 NS USD 63202500.00000000 4.436430725435 Long EC CORP US N 1 N N N TRIUMPH GROUP INC 5493007L6S47Q14SL582 TRIUMPH GROUP INC 896818101 1250000.00000000 NS USD 20950000.00000000 1.470562457147 Long EC CORP US N 1 N N N AERSALE CORP N/A AERSALE CORP 00810F106 400000.00000000 NS USD 7236000.00000000 0.507923147490 Long EC CORP US N 1 N N AIRBUS SE MINO79WLOO247M1IL051 AIRBUS SE N/A 300000.00000000 NS 33486004.12000000 2.350513627625 Long EC CORP NL N 2 N N N AERCAP HOLDINGS NV 549300SZYINBBLJQU475 AERCAP HOLDINGS NV N/A 200000.00000000 NS USD 11208000.00000000 0.786733366095 Long EC CORP NL N 1 N N N VECTRUS INC N/A VECTRUS INC-WI 92242T101 425000.00000000 NS USD 17782000.00000000 1.248188143818 Long EC CORP US N 1 N N N WOODWARD INC YPYKXXTR8TFDH54ZMB45 WOODWARD INC 980745103 500000.00000000 NS USD 52900000.00000000 3.713257946687 Long EC CORP US N 1 N N N HEICO CORP NEW 529900O1DTDLCJ7L0I14 HEICO CORP CL A 422806208 675000.00000000 NS USD 83835000.00000000 5.884706615511 Long EC CORP US N 1 N N N TRANSDIGM GROUP INC N/A TRANSDIGM GROUP INC 893641100 120000.00000000 NS USD 69366000.00000000 4.869070902267 Long EC CORP US N 1 N N N TAILWIND TWO ACQUISITION CORP N/A TAILWIND TWO ACQUISITION-A N/A 600000.00000000 NS USD 5934000.00000000 0.416530674019 Long EC CORP KY N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 607594.72200000 NS USD 607716.24000000 0.042657980293 Long STIV RF US N 1 N N N LOCKHEED MARTIN CORP DPRBOZP0K5RM2YE8UU08 LOCKHEED MARTIN CORP 539830109 165000.00000000 NS USD 54997800.00000000 3.860510735356 Long EC CORP US N 1 N N N TELEDYNE TECHNOLOGIES INC 549300VSMO9KYQWDND94 TELEDYNE TECHNOLOGIES INC 879360105 150000.00000000 NS USD 62293500.00000000 4.372624459395 Long EC CORP US N 1 N N N NORTHROP GRUMMAN CORP RIMU48P07456QXSO0R61 NORTHROP GRUMMAN CORP 666807102 500000.00000000 NS USD 174400000.00000000 12.24181825902 Long EC CORP US N 1 N N N MAXAR TECHNOLOGIES INC 549300OEN2G821MIJ922 MAXAR TECHNOLOGIES INC 57778K105 900000.00000000 NS USD 24777000.00000000 1.739194558508 Long EC CORP US N 1 N N HUNTINGTON INGALLS INDUSTRIES INC 5TZLZ6WJTBVJ0QWBG121 HUNTINGTON INGALLS INDUSTRIES INC 446413106 275000.00000000 NS USD 48815250.00000000 3.426533364500 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 1650000.00000000 NS USD 326452500.00000000 22.91497806883 Long EC CORP US N 1 N N N BOOZ ALLEN HAMILTON HOLDING CORP 529900JPV47PIUWMA015 BOOZ ALLEN HAMILTON HLDG CL A 099502106 100000.00000000 NS USD 8394000.00000000 0.589207697627 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 1950000.00000000 NS USD 54853500.00000000 3.850381753849 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 21304377.95400000 NS USD 21306508.39000000 1.495587175715 Long STIV RF US N 1 N N CURTISS-WRIGHT CORP TEL51ETZWP7D0ZM4X325 CURTISS WRIGHT CORPORATION 231561101 75000.00000000 NS USD 9436500.00000000 0.662384850924 Long EC CORP US N 1 N N N ASTRA SPACE INC N/A ASTRA SPACE INC 04634X103 300000.00000000 NS USD 3291000.00000000 0.231008164509 Long EC CORP US N 1 N N 2021-12-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_67_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Defense and Aerospace Portfolio
November 30, 2021
DEF-NPRT3-0122
1.810679.117
Common Stocks - 99.8%
 
  
Shares
Value ($)
 
Aerospace & Defense - 83.8%
 
  
  
Aerospace & Defense - 83.8%
  
  
  
AerSale Corp. (a)
  
400,000
7,236,000
Airbus Group NV (b)
  
300,000
33,486,004
Astra Space, Inc. Class A (a)(b)
  
300,000
3,291,000
Axon Enterprise, Inc. (b)
  
15,000
2,531,850
BWX Technologies, Inc.
 
1,325,000
63,202,500
Curtiss-Wright Corp.
 
75,000
9,436,500
Elbit Systems Ltd. (a)
  
140,000
20,514,200
General Dynamics Corp.
 
25,000
4,724,250
HEICO Corp. Class A
 
675,000
83,835,000
Howmet Aerospace, Inc.
 
1,950,000
54,853,500
Huntington Ingalls Industries, Inc.
 
275,000
48,815,250
Kratos Defense & Security Solutions, Inc. (b)
  
3,250,000
64,057,500
Lockheed Martin Corp.
 
165,000
54,997,800
Maxar Technologies, Inc. (a)
  
900,000
24,777,000
Mynaric AG ADR
 
200,000
3,258,000
Northrop Grumman Corp.
 
500,000
174,400,000
Raytheon Technologies Corp.
 
1,300,000
105,196,000
The Boeing Co. (b)
  
1,650,000
326,452,501
TransDigm Group, Inc. (b)
  
120,000
69,366,000
Triumph Group, Inc. (b)
  
1,250,000
20,950,000
Vectrus, Inc. (b)
  
425,000
17,782,000
 
  
  
1,193,162,855
Diversified Financial Services - 0.4%
 
  
  
Other Diversified Financial Services - 0.4%
  
  
  
Tailwind Two Acquisition Corp. Class A
 
600,000
5,934,000
Electronic Equipment & Components - 4.4%
 
  
  
Electronic Equipment & Instruments - 4.4%
  
  
  
Teledyne Technologies, Inc. (b)
  
150,000
62,293,500
Machinery - 4.8%
 
  
  
Industrial Machinery - 4.8%
  
  
  
RBC Bearings, Inc. (b)
  
75,000
14,826,750
Woodward, Inc.
 
500,000
52,900,000
 
  
  
67,726,750
Professional Services - 4.6%
 
  
  
Research & Consulting Services - 4.6%
  
  
  
Booz Allen Hamilton Holding Corp. Class A
 
100,000
8,394,000
CACI International, Inc. Class A (b)
  
175,000
45,400,250
KBR, Inc.
 
250,000
11,000,000
 
  
  
64,794,250
Software - 0.2%
 
  
  
Systems Software - 0.2%
  
  
  
Telos Corp.
 
200,000
3,150,000
Trading Companies & Distributors - 1.6%
 
  
  
Trading Companies & Distributors - 1.6%
  
  
  
AerCap Holdings NV (b)
  
200,000
11,208,000
Air Lease Corp. Class A
 
300,000
12,177,000
 
  
  
23,385,000
 
TOTAL COMMON STOCKS
 (Cost $1,012,041,305)
  
  
  
1,420,446,355
 
  
  
  
Money Market Funds - 1.7%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (c)
  
607,595
607,716
Fidelity Securities Lending Cash Central Fund 0.07% (c)(d)
  
24,315,627
24,318,058
 
TOTAL MONEY MARKET FUNDS
 (Cost $24,925,774)
  
  
24,925,774
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.5%
 (Cost $1,036,967,079)
 
  
 
1,445,372,129
NET OTHER ASSETS (LIABILITIES) - (1.5)%  
(21,847,396)
NET ASSETS - 100.0%
1,423,524,733
 
  
Legend
 
(a)
Security or a portion of the security is on loan at period end.
 
(b)
Non-income producing
 
(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%
6,176,790
127,200,083
132,769,157
810
-
-
607,716
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
12,101,306
198,810,366
186,593,614
216,572
-
-
24,318,058
0.1%
Total
18,278,096
326,010,449
319,362,771
217,382
-
-
24,925,774
  
 
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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