0001752724-22-012514.txt : 20220125 0001752724-22-012514.hdr.sgml : 20220125 20220125145702 ACCESSION NUMBER: 0001752724-22-012514 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: 22553355 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 S000007485 Telecommunications Portfolio C000020459 Telecommunications Portfolio FSTCX C000040631 Fidelity Advisor Telecommunications Fund: Class A FTUAX C000040633 Fidelity Advisor Telecommunications Fund: Class C FTUCX C000040634 Fidelity Advisor Telecommunications Fund: Class M FTUTX C000040635 Fidelity Advisor Telecommunications Fund: Class I FTUIX C000205045 Fidelity Advisor Telecommunications Fund: Class Z FIJGX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007485 C000040633 C000020459 C000040631 C000040634 C000205045 C000040635 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Telecommunications Portfolio S000007485 1HEB0K54PXJOB1DB9N04 2022-02-28 2021-11-30 N 291145435.90 18009597.44 273135838.46 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 4378.16000000 N LIBERTY BROADBAND CORP 549300MIX43II8JLN536 LIBERTY BROADBAND CORP C 530307305 55124.00000000 NS USD 8535951.40000000 3.125167113963 Long EC CORP US N 1 N N N CHARTER COMMUNICATIONS INC 0J0XRGZE3PBRFEZ7MV65 CHARTER COMMUNICATIONS INC A 16119P108 3600.00000000 NS USD 2326608.00000000 0.851813520011 Long EC CORP US N 1 N N N GLOBALSTAR INC 549300NEX8I0MSOW0R64 GLOBALSTAR INC 378973408 840700.00000000 NS USD 1168573.00000000 0.427835836772 Long EC CORP US N 1 N N AT and T INC 549300Z40J86GGSTL398 AT and T INC 00206R102 1840220.00000000 NS USD 42012222.60000000 15.38143908059 Long EC CORP US N 1 N N N LIBERTY LATIN AMERICA LTD 213800YWQHEAX7CAVO83 LIBERTY LATIN AMERICA LTD CL C N/A 1027833.00000000 NS USD 11552842.92000000 4.229705989934 Long EC CORP BM N 1 N N N UNITED STATES CELLULAR CORP N/A UNITED STATES CELLULAR CORP 911684108 78900.00000000 NS USD 2296779.00000000 0.840892580391 Long EC CORP US N 1 N N T-MOBILE US INC 549300QHIJYOHPACPG31 T-MOBILE US INC 872590104 160524.00000000 NS USD 17466616.44000000 6.394846073104 Long EC CORP US N 1 N N N LIBERTY GLOBAL PLC 549300BSGXG3QLIQYT84 LIBERTY GLOBAL PLC CL C N/A 482736.00000000 NS USD 12860087.04000000 4.708311846774 Long EC CORP GB N 1 N N N IRIDIUM COMMUNICATIONS INC 549300U620NVQ4J1CT96 IRIDIUM COMMUNICATIONS INC 46269C102 280311.00000000 NS USD 10777957.95000000 3.946006503858 Long EC CORP US N 1 N N N DYCOM INDUSTRIES INC 549300F56EKTHQI3WT60 DYCOM INDUSTRIES INC 267475101 27700.00000000 NS USD 2589396.00000000 0.948024988079 Long EC CORP US N 1 N N N RADIUS GLOBAL INFRASTRUCTURE INC 213800NT341MQ5USBX63 RADIUS GLOBAL INFRASTRUCTURE INC 750481103 530900.00000000 NS USD 8759850.00000000 3.207140465121 Long EC CORP US N 1 N N N BANDWIDTH INC 549300QC70JB7MUGXM66 BANDWIDTH INC 05988J103 83700.00000000 NS USD 5997942.00000000 2.195955695092 Long EC CORP US N 1 N N N RELIANCE INDUSTRIES LTD 5493003UOETFYRONLG31 RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS N/A 34700.00000000 NS 1111416.51000000 0.406909805855 Long EC CORP IN N 1 N N N SHENANDOAH TELECOM CO 549300XH3H4OUKFPHS84 SHENANDOAH TELECOM CO 82312B106 143823.00000000 NS USD 3651665.97000000 1.336941351449 Long EC CORP US N 1 N N N ANTERIX INC 549300QIX2QHFGIEQG40 ANTERIX INC 03676C100 80300.00000000 NS USD 4830848.00000000 1.768661347129 Long EC CORP US N 1 N N N COGENT COMMUNICATIONS HOLDINGS INC N/A COGENT COMMUNICATIONS HOLDINGS INC 19239V302 181739.00000000 NS USD 13617703.27000000 4.985688932942 Long EC CORP US N 1 N N N MILLICOM INTL CELLULAR SA 549300CTHC1CP86P2G96 MILLICOM INTL CELL SA N/A 38900.00000000 NS USD 1214069.00000000 0.444492750144 Long EC CORP LU N 1 N N ECHOSTAR CORP 549300EE20907QZ9GT38 ECHOSTAR CORP CL A 278768106 359200.00000000 NS USD 9831304.00000000 3.599419268972 Long EC CORP US N 1 N N COMCAST CORP NEW 51M0QTTNCGUN7KFCFZ59 COMCAST CORP CL A 20030N101 197800.00000000 NS USD 9886044.00000000 3.619460578933 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC 92343V104 1383997.00000000 NS USD 69573529.19000000 25.47213488433 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 3174067.08500000 NS USD 3174701.90000000 1.162316127352 Long STIV RF US N 1 N N N TELEPHONE and DATA SYSTEMS INC N/A TELEPHONE and DATA SYSTEMS INC 879433829 555964.00000000 NS USD 9829443.52000000 3.598738113394 Long EC CORP US N 1 N N N TWILIO INC 5493004W8TRGD63APX93 TWILIO INC CLASS A 90138F102 4000.00000000 NS USD 1144600.00000000 0.419058885298 Long EC CORP US N 1 N N N GOGO INC 549300VL3DIHSFHYTO04 GOGO INC 38046C109 480600.00000000 NS USD 6161292.00000000 2.255761102145 Long EC CORP US N 1 N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 17726303.64300000 NS USD 17728076.27000000 6.490571273969 Long STIV RF US N 1 N N ATN INTERNATIONAL INC 54930013NP7VEU877V56 ATN INTERNATIONAL INC 00215F107 63200.00000000 NS USD 2414872.00000000 0.884128576321 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 03027X100 4100.00000000 NS USD 1076168.00000000 0.394004685019 Long EC CORP US N 1 N N N AMDOCS LIMITED 549300HQV672RJ7RQV66 AMDOCS LTD N/A 13300.00000000 NS USD 928606.00000000 0.339979552019 Long EC CORP GG N 1 N N N RINGCENTRAL INC 549300C8EH0H1614VE84 RINGCENTRAL INC CL A 76680R206 8500.00000000 NS USD 1835830.00000000 0.672130764805 Long EC CORP US N 1 N N N LUMEN TECHNOLOGIES 8M3THTGWLTYZVE6BBY25 LUMEN TECHNOLOGIES INC 550241103 529300.00000000 NS USD 6531562.00000000 2.391323685982 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_96_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Telecommunications Portfolio
November 30, 2021
TEL-NPRT3-0122
1.810721.117
Common Stocks - 98.8%
 
  
Shares
Value ($)
 
Construction & Engineering - 0.9%
 
  
  
Construction & Engineering - 0.9%
  
  
  
Dycom Industries, Inc. (a)
  
27,700
2,589,396
Diversified Telecommunication Services - 72.9%
 
  
  
Alternative Carriers - 28.3%
  
  
  
Anterix, Inc. (a)
  
80,300
4,830,848
Bandwidth, Inc. (a)
  
83,700
5,997,942
Cogent Communications Group, Inc.
 
181,739
13,617,703
EchoStar Holding Corp. Class A (a)(b)
  
359,200
9,831,304
Globalstar, Inc. (a)
  
840,700
1,168,573
Iridium Communications, Inc. (a)
  
280,311
10,777,958
Liberty Global PLC Class C (a)
  
482,736
12,860,087
Liberty Latin America Ltd. Class C (a)
  
1,027,833
11,552,843
Lumen Technologies, Inc. (b)
  
529,300
6,531,562
 
  
  
77,168,820
Integrated Telecommunication Services - 44.6%
  
  
  
AT&T, Inc.
 
1,863,820
42,551,011
ATN International, Inc.
 
63,200
2,414,872
Radius Global Infrastructure, Inc. (a)(b)
  
530,900
8,759,850
Verizon Communications, Inc.
 
1,357,197
68,226,293
 
  
  
121,952,026
TOTAL DIVERSIFIED TELECOMMUNICATION SERVICES
  
  
199,120,846
Equity Real Estate Investment Trusts (REITs) - 0.4%
 
  
  
Specialized REITs - 0.4%
  
  
  
American Tower Corp.
 
4,100
1,076,168
IT Services - 0.7%
 
  
  
Internet Services & Infrastructure - 0.4%
  
  
  
Twilio, Inc. Class A (a)
  
4,000
1,144,600
IT Consulting & Other Services - 0.3%
  
  
  
Amdocs Ltd.
 
13,300
928,606
TOTAL IT SERVICES
  
  
2,073,206
Media - 7.6%
 
  
  
Cable & Satellite - 7.6%
  
  
  
Charter Communications, Inc. Class A (a)
  
3,600
2,326,608
Comcast Corp. Class A
 
197,800
9,886,044
Liberty Broadband Corp. Class C (a)
  
55,124
8,535,951
 
  
  
20,748,603
Oil, Gas & Consumable Fuels - 0.4%
 
  
  
Oil & Gas Refining & Marketing - 0.4%
  
  
  
Reliance Industries Ltd.
 
34,700
1,111,417
Software - 0.7%
 
  
  
Application Software - 0.7%
  
  
  
RingCentral, Inc. (a)
  
8,500
1,835,830
Wireless Telecommunication Services - 15.2%
 
  
  
Wireless Telecommunication Services - 15.2%
  
  
  
Gogo, Inc. (a)(b)
  
480,600
6,161,292
Millicom International Cellular SA (a)(b)
  
38,900
1,214,069
Shenandoah Telecommunications Co.
 
143,823
3,651,666
T-Mobile U.S., Inc. (a)
  
167,924
18,271,810
Telephone & Data Systems, Inc.
 
555,964
9,829,444
U.S. Cellular Corp. (a)(b)
  
78,900
2,296,779
 
  
  
41,425,060
 
TOTAL COMMON STOCKS
 (Cost $238,810,084)
  
  
  
269,980,526
 
  
  
  
Money Market Funds - 8.7%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (c)
  
3,174,067
3,174,702
Fidelity Securities Lending Cash Central Fund 0.07% (c)(d)
  
20,604,116
20,606,176
 
TOTAL MONEY MARKET FUNDS
 (Cost $23,780,878)
  
  
23,780,878
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 107.5%
 (Cost $262,590,962)
 
  
 
293,761,404
NET OTHER ASSETS (LIABILITIES) - (7.5)%  
(20,605,872)
NET ASSETS - 100.0%
273,155,532
 
  
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%
2,585,116
64,151,042
63,561,456
900
-
-
3,174,702
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
6,843,676
114,828,617
101,066,117
4,571
-
-
20,606,176
0.1%
Total
9,428,792
178,979,659
164,627,573
5,471
-
-
23,780,878
  
 
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.