0001752724-22-012519.txt : 20220125 0001752724-22-012519.hdr.sgml : 20220125 20220125145702 ACCESSION NUMBER: 0001752724-22-012519 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: 22553359 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 S000007478 Fidelity Natural Resources Fund C000020452 Fidelity Natural Resources Fund FNARX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007478 C000020452 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Natural Resources Fund S000007478 F20N7QB58Y5BSKOBIF93 2022-02-28 2021-11-30 N 404723508.68 2009156.49 402714352.19 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 6162.63000000 N HARBOUR ENERGY PLC 213800YPC42DYBKVPF97 HARBOUR ENERGY PLC N/A 865160.00000000 NS 4524236.02000000 1.123435505935 Long EC CORP GB N 1 N N MEG ENERGY CORP 5493002WXPTG5ZC1T326 MEG ENERGY CORP 552704108 800603.00000000 NS 6517884.22000000 1.618488187608 Long EC CORP CA N 1 N N N PHILLIPS 66 5493005JBO5YSIGK1814 PHILLIPS 66 718546104 243816.00000000 NS USD 16864752.72000000 4.187770470132 Long EC CORP US N 1 N N N CANADIAN NATURAL RESOURCES LTD 549300T15RIMIKZC5Q38 CANADIAN NATL RESOURCES LTD 136385101 930400.00000000 NS USD 37978928.00000000 9.430736151683 Long EC CORP CA N 1 N N N PAN AMERN SILVER CORP 549300MKTF5851TYIB83 PAN AM SILVER CORP 697900108 68200.00000000 NS USD 1741828.00000000 0.432521957692 Long EC CORP CA N 1 N N N CHAMPIONX CORP 549300EP2909K6DYYP38 CHAMPIONX CORP 15872M104 107400.00000000 NS USD 2192034.00000000 0.544314844524 Long EC CORP US N 1 N N N OCEANEERING INTERNATIONAL INC 549300L6PH74701W0R30 OCEANEERING INTERNATIONAL INC 675232102 164800.00000000 NS USD 1761712.00000000 0.437459452443 Long EC CORP US N 1 N N N ANTERO RESOURCES CORPORATION APVBKPOULHUX7YZLKU17 ANTERO RES CORP 03674X106 329900.00000000 NS USD 5793044.00000000 1.438499514233 Long EC CORP US N 1 N N N SCHLUMBERGER LTD 213800ZUA17OK3QLGM62 SCHLUMBERGER LTD 806857108 52000.00000000 NS USD 1491360.00000000 0.370327005206 Long EC CORP CW N 1 N N N FIRST QUANTUM MINERALS LTD 549300I7UVBGWRYMYZ18 FIRST QUANTUM MINERALS INC 335934105 450200.00000000 NS 9596419.43000000 2.382934548474 Long EC CORP CA N 1 N N N AKER SOLUTIONS ASA 5967007LIEEXZXG42836 AKER SOLUTIONS ASA N/A 394000.00000000 NS 1046362.73000000 0.259827523978 Long EC CORP NO N 1 N N N HEADWATER EXPLORATION INC 549300XIU4JQ0GKLRG88 HEADWATER EXPLORATION INC 422096107 549000.00000000 NS 1959716.62000000 0.486626962595 Long EC CORP CA N 1 N N N GENESIS ENERGY MLP 549300VJ5D6MDK138782 GENESIS ENERGY LP LTD INT UNIT 371927104 905448.00000000 NS USD 9135970.32000000 2.268598144148 Long EC CORP US N 1 N N N GLENCORE PLC 2138002658CPO9NBH955 GLENCORE PLC N/A 2084900.00000000 NS 9898680.43000000 2.457990477908 Long EC CORP JE N 2 N N N BALL CORP 0BGI85ALH27ZJP15DY16 BALL CORP 058498106 26500.00000000 NS USD 2476425.00000000 0.614933385545 Long EC CORP US N 1 N N N CROWN HOLDINGS INC NYLWZIOY8PUNIT4JOE22 CROWN HOLDINGS INC 228368106 94400.00000000 NS USD 9987520.00000000 2.480050672564 Long EC CORP US N 1 N N N AVERY DENNISON CORP 549300PW7VPFCYKLIV37 AVERY DENNISON CORP 053611109 52300.00000000 NS USD 10725161.00000000 2.663217971168 Long EC CORP US N 1 N N N HALLIBURTON CO ENYF8GB5SMQZ25S06U51 HALLIBURTON CO 406216101 687100.00000000 NS USD 14834489.00000000 3.683625606916 Long EC CORP US N 1 N N N NEWCREST MNG LTD 5299006MN50OZJUJI655 NEWCREST MNG LTD SPON ADR 651191108 100400.00000000 NS USD 1656600.00000000 0.411358569912 Long EC CORP AU N 1 N N N GRAPHIC PACKAGING HOLDING CO N/A GRAPHIC PACKAGING HOLDING CO 388689101 115200.00000000 NS USD 2274048.00000000 0.564680148009 Long EC CORP US N 1 N N N WEYERHAEUSER CO 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO 962166104 168400.00000000 NS USD 6333524.00000000 1.572708786155 Long EC CORP US N 1 N N N HESS CORP UASVRYNXNK17ULIGK870 HESS CORP 42809H107 330800.00000000 NS USD 24651216.00000000 6.121265821777 Long EC CORP US N 1 N N N VALERO ENERGY CORP 549300XTO5VR8SKV1V74 VALERO ENERGY CORP 91913Y100 136600.00000000 NS USD 9144004.00000000 2.270593027110 Long EC CORP US N 1 N N N SOLGOLD PLC 213800HGFADQBMIEVI76 SOLGOLD PLC N/A 859275.00000000 NS 261128.15000000 0.064842027253 Long EC CORP GB N 1 N N N TOURMALINE OIL CORP 549300EWGW5PUCV5A109 TOURMALINE OIL CORP 89156V106 393600.00000000 NS 13097918.51000000 3.252409167632 Long EC CORP CA N 1 N N N APTARGROUP INC VNPEQDQFAA7IY1T2PX43 APTARGROUP INC 038336103 16400.00000000 NS USD 1961276.00000000 0.487014179984 Long EC CORP US N 1 N N N CENOVUS ENERGY INC/CA 549300DK79J32SE1QE52 CENOVUS ENERGY INC 15135U109 1191900.00000000 NS USD 14135934.00000000 3.510163947007 Long EC CORP CA N 1 N N N FREEPORT-MCMORAN INC 549300IRDTHJQ1PVET45 FREEPORT MCMORAN INC 35671D857 665900.00000000 NS USD 24691572.00000000 6.131286820478 Long EC CORP US N 1 N N N DENBURY INC 549300KCWA5W52MS5559 DENBURY INC 24790A101 16200.00000000 NS USD 1289844.00000000 0.320287566853 Long EC CORP US N 1 N N N IVANHOE MINE LTD 5299006XZISURYIA4G32 IVANHOE MINES LTD 46579R104 161700.00000000 NS 1283524.21000000 0.318718268425 Long EC CORP CA N 1 N N N CF INDUSTRIES HOLDINGS INC 529900CG8YAQFZ2JMV97 CF INDUSTRIES HOLDINGS INC 125269100 121200.00000000 NS USD 7343508.00000000 1.823502927090 Long EC CORP US N 1 N N N SUMMIT MATERIALS INC N/A SUMMIT MATERIALS INC CL A 86614U100 115700.00000000 NS USD 4315610.00000000 1.071630543220 Long EC CORP US N 1 N N N MURPHY OIL CORP QBKYQD0ODE7DC7PDIN91 MURPHY OIL CORP 626717102 394600.00000000 NS USD 10488468.00000000 2.604443557316 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 104896.57500000 NS USD 104917.55000000 0.026052597686 Long STIV RF US N 1 N N N BERRY GLOBAL GROUP INC 549300G6KKUMMXM8NH73 BERRY GLOBAL GROUP INC 08579W103 35200.00000000 NS USD 2430560.00000000 0.603544419706 Long EC CORP US N 1 N N N WEATHERFORD INTERNATIONAL PLC 529900LPBDSCQDJKHQ39 WEATHERFORD INTERNATIONAL PLC N/A 128535.00000000 NS USD 3695381.25000000 0.917618463286 Long EC CORP IE N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 EXXON MOBIL CORP 30231G102 1011500.00000000 NS USD 60528160.00000000 15.03004789147 Long EC CORP US N 1 N N N IMPERIAL OIL LTD 549300MO45LTBPAU4Z27 IMPERIAL OIL LTD 453038408 229600.00000000 NS 7590127.21000000 1.884742167425 Long EC CORP CA N 1 N N N BAKER HUGHES CO N/A BAKER HUGHES CO 05722G100 28000.00000000 NS USD 653520.00000000 0.162278795490 Long EC CORP US N 1 N N N PACKAGING CORP OF AMERICA 549300XZP8MFZFY8TJ84 PACKAGING CORP OF AMERICA 695156109 35700.00000000 NS USD 4662063.00000000 1.157660007558 Long EC CORP US N 1 N N N CAMECO CORP N4BHALMXL3GMZKCUON55 CAMECO CORP 13321L108 91800.00000000 NS USD 2127924.00000000 0.528395372160 Long EC CORP CA N 1 N N N EAGLE MATLS INC 529900KRXRGXL61SG039 EAGLE MATERIALS INC 26969P108 30100.00000000 NS USD 4642022.00000000 1.152683527357 Long EC CORP US N 1 N N N TARGA RES CORP 5493003QENHHS261UR94 TARGA RESOURCES CORP 87612G101 83500.00000000 NS USD 4311105.00000000 1.070511884306 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 75645.49700000 NS USD 75653.06000000 0.018785786895 Long STIV RF US N 1 N N FORAN MINING CORP 529900LRYPIWB6RISB58 FORAN MNG CORP 344911201 1329800.00000000 NS 2914744.22000000 0.723774607025 Long EC CORP CA N 1 N N N WESTERN COPPER and GOLD CORP 529900DF4NXAM6X99014 WESTERN COPPER AND GOLD CORP 95805V108 422700.00000000 NS 585681.63000000 0.145433513063 Long EC CORP CA N 1 N N N AFRICA OIL CORP 549300071188HIDJEB11 AFRICA OIL CORP 00829Q101 4753300.00000000 NS 6772089.71000000 1.681611214791 Long EC CORP CA N 1 N N N BUNGE LIMITED 5493007M0RIN8HY3MM77 BUNGE LIMITED N/A 72800.00000000 NS USD 6302296.00000000 1.564954406449 Long EC CORP BM N 1 N N N FRANCO NEVADA CORP N/A FRANCO-NEVADA CORP 351858105 89200.00000000 NS 12232225.14000000 3.037444549338 Long EC CORP CA N 1 N N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 KOSMOS ENERGY LTD 500688106 578700.00000000 NS USD 2118042.00000000 0.525941523683 Long EC CORP US N 1 N N N LIBERTY OILFIELD SERVICES INC N/A LIBERTY OILFIELD SERVICES INC CL A 53115L104 338700.00000000 NS USD 3116040.00000000 0.773759361456 Long EC CORP US N 1 N N N RANGE RESOURCES CORP H3Y3WLYCX0BTO1TRW162 RANGE RESOURCES CORP 75281A109 107700.00000000 NS USD 2106612.00000000 0.523103283641 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 39600.00000000 NS USD 4150476.00000000 1.030625299900 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_514_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Natural Resources Fund
(formerly Natural Resources Portfolio)
November 30, 2021
NAT-NPRT3-0122
1.810716.117
Common Stocks - 99.8%
 
  
Shares
Value ($)
 
Chemicals - 1.9%
 
  
  
Fertilizers & Agricultural Chemicals - 1.9%
  
  
  
CF Industries Holdings, Inc.
 
124,000
7,513,160
Construction Materials - 2.2%
 
  
  
Construction Materials - 2.2%
  
  
  
Eagle Materials, Inc.
 
29,800
4,595,756
Summit Materials, Inc. (a)
  
111,300
4,151,490
 
  
  
8,747,246
Containers & Packaging - 8.6%
 
  
  
Metal & Glass Containers - 4.2%
  
  
  
Aptargroup, Inc.
 
16,400
1,961,276
Ball Corp.
 
26,900
2,513,805
Berry Global Group, Inc. (a)
  
35,200
2,430,560
Crown Holdings, Inc.
 
94,400
9,987,520
 
  
  
16,893,161
Paper Packaging - 4.4%
  
  
  
Avery Dennison Corp.
 
52,300
10,725,161
Graphic Packaging Holding Co.
 
113,100
2,232,594
Packaging Corp. of America
 
35,400
4,622,886
 
  
  
17,580,641
TOTAL CONTAINERS & PACKAGING
  
  
34,473,802
Energy Equipment & Services - 7.1%
 
  
  
Oil & Gas Equipment & Services - 7.1%
  
  
  
Aker Solutions ASA (a)
  
394,000
1,046,363
Baker Hughes Co. Class A
 
28,000
653,520
Championx Corp. (a)
  
107,400
2,192,034
Halliburton Co.
 
687,100
14,834,489
Liberty Oilfield Services, Inc. Class A (a)
  
338,700
3,116,040
Oceaneering International, Inc. (a)
  
164,800
1,761,712
Schlumberger Ltd.
 
52,000
1,491,360
Weatherford International PLC (a)
  
128,535
3,695,381
 
  
  
28,790,899
Equity Real Estate Investment Trusts (REITs) - 1.6%
 
  
  
Specialized REITs - 1.6%
  
  
  
Weyerhaeuser Co.
 
171,700
6,457,637
Food Products - 1.6%
 
  
  
Agricultural Products - 1.6%
  
  
  
Bunge Ltd.
 
74,200
6,423,494
Metals & Mining - 15.7%
 
  
  
Copper - 8.6%
  
  
  
First Quantum Minerals Ltd.
 
450,728
9,607,674
Freeport-McMoRan, Inc.
 
674,800
25,021,584
 
  
  
34,629,258
Diversified Metals & Mining - 3.6%
  
  
  
Foran Mining Corp. (a)
  
1,291,900
2,831,672
Glencore Xstrata PLC
 
2,084,900
9,898,680
Ivanhoe Mines Ltd. (a)
  
161,700
1,283,524
Western Copper & Gold Corp. (TSX) (a)
  
285,000
394,888
 
  
  
14,408,764
Gold - 3.1%
  
  
  
Franco-Nevada Corp.
 
89,200
12,232,225
Solgold PLC (a)
  
277,342
84,282
 
  
  
12,316,507
Silver - 0.4%
  
  
  
Pan American Silver Corp.
 
68,200
1,741,828
TOTAL METALS & MINING
  
  
63,096,357
Oil, Gas & Consumable Fuels - 61.1%
 
  
  
Coal & Consumable Fuels - 0.5%
  
  
  
Cameco Corp.
 
91,800
2,127,924
Integrated Oil & Gas - 20.5%
  
  
  
Cenovus Energy, Inc.
 
1,198,900
14,218,954
Exxon Mobil Corp.
 
1,008,000
60,318,722
Imperial Oil Ltd.
 
235,100
7,771,946
 
  
  
82,309,622
Oil & Gas Exploration & Production - 29.2%
  
  
  
Africa Oil Corp. (a)
  
4,753,300
6,772,090
Antero Resources Corp. (a)
  
334,700
5,877,332
Canadian Natural Resources Ltd.
 
930,400
37,978,928
Denbury, Inc. (a)
  
16,200
1,289,844
Harbour Energy PLC (a)(b)
  
865,160
4,524,236
Headwater Exploration, Inc. (a)
  
362,400
1,293,627
Hess Corp.
 
334,800
24,949,296
Kosmos Energy Ltd. (a)
  
717,400
2,625,684
MEG Energy Corp. (a)
  
800,603
6,517,884
Murphy Oil Corp.
 
394,600
10,488,468
Range Resources Corp. (a)
  
109,800
2,147,688
Tourmaline Oil Corp.
 
393,600
13,097,919
 
  
  
117,562,996
Oil & Gas Refining & Marketing - 6.5%
  
  
  
Phillips 66 Co.
 
245,016
16,947,757
Valero Energy Corp.
 
136,600
9,144,004
 
  
  
26,091,761
Oil & Gas Storage & Transport - 4.4%
  
  
  
Cheniere Energy, Inc.
 
39,200
4,108,552
Genesis Energy LP
 
915,413
9,236,517
Targa Resources Corp.
 
82,700
4,269,801
 
  
  
17,614,870
TOTAL OIL, GAS & CONSUMABLE FUELS
  
  
245,707,173
 
TOTAL COMMON STOCKS
 (Cost $330,688,935)
  
  
  
401,209,768
 
  
  
  
Money Market Funds - 0.1%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (c)
  
104,897
104,918
Fidelity Securities Lending Cash Central Fund 0.07% (c)(d)
  
77,420
77,428
 
TOTAL MONEY MARKET FUNDS
 (Cost $182,346)
  
  
182,346
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.9%
 (Cost $330,871,281)
 
  
 
401,392,114
NET OTHER ASSETS (LIABILITIES) - 0.1%  
532,860
NET ASSETS - 100.0%
401,924,974
 
  
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%
1,866,336
83,102,777
84,864,195
841
-
-
104,918
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
868,201
162,199,236
162,990,009
38,613
-
-
77,428
0.0%
Total
2,734,537
245,302,013
247,854,204
39,454
-
-
182,346
  
 
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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