0001752724-22-012537.txt : 20220125 0001752724-22-012537.hdr.sgml : 20220125 20220125150503 ACCESSION NUMBER: 0001752724-22-012537 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: 22553547 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 S000007467 Fintech Portfolio C000020441 Fintech Portfolio FSVLX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007467 C000020441 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select FinTech Portfolio S000007467 GGQ62C5JUS8E2R863V77 2022-02-28 2021-11-30 N 248312513.86 2295322.35 246017191.51 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 236000.00000000 0.00000000 0.00000000 0.00000000 N ONEMAIN HLDGS INC 549300E3VEW8SMS5XW09 ONEMAIN HOLDINGS INC 68268W103 40413.00000000 NS USD 2012163.27000000 0.817895390826 Long EC CORP US N 1 N N N WORKIVA INC 529900RTOQ8GRWHY1O58 WORKIVA INC 98139A105 17800.00000000 NS USD 2482566.00000000 1.009102650413 Long EC CORP US N 1 N N N NCINO INC 549300WVRR2WR3L6MZ46 NCINO INC 63947U107 15300.00000000 NS USD 950436.00000000 0.386329099265 Long EC CORP US N 1 N N N LENDINGCLUB CORP 549300YC50YO7Y1OJR92 LENDINGCLUB CORP 52603A208 23490.00000000 NS USD 768592.80000000 0.312414264744 Long EC CORP US N 1 N N N NUVEI CORP N/A NUVEI CORP 67079A102 14000.00000000 NS 1378574.50000000 0.560356978119 Long EC CORP CA N 1 N N N AFFIRM HOLDINGS INC N/A AFFIRM HOLDINGS INC 00827B106 14800.00000000 NS USD 1874864.00000000 0.762086579597 Long EC CORP US N 1 N N N VISA INC 549300JZ4OKEHW3DPJ59 VISA INC CL A 92826C839 108136.00000000 NS USD 20953512.72000000 8.517092887449 Long EC CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP 14040H105 82200.00000000 NS USD 11551566.00000000 4.695430400249 Long EC CORP US N 1 N N N AFTERPAY LTD 529900P6ROPAX0QTB720 AFTERPAY LTD N/A 39196.00000000 NS 3001657.93000000 1.220100884648 Long EC CORP AU N 2 N N N EDENRED 9695006LOD5B2D7Y0N70 EDENRED N/A 76600.00000000 NS 3433183.81000000 1.395505651018 Long EC CORP FR N 1 N N N INTUIT INC VI90HBPH7XSFMB9E4M29 INTUIT INC 461202103 59500.00000000 NS USD 38811850.00000000 15.77607229876 Long EC CORP US N 1 N N N BTRS HOLDINGS INC 549300K51KDPS5MBVB54 BTRS HOLDINGS INC PIPE N/A 16500.00000000 NS USD 123090.00000000 0.050033088844 Long EC CORP US Y 1 N N N REMITLY GLOBAL INC N/A REMITLY GLOBAL INC 75960P104 500.00000000 NS USD 12030.00000000 0.004889902175 Long EC CORP US N 1 N N GRAB HOLDINGS INC. N/A GRAB HOLDINGS INC PIPE N/A 23600.00000000 NS USD 270172.80000000 0.109818666875 Long EC CORP SG Y 2 N N N BLACK KNIGHT INC 549300TUSNXS3BFFML48 BLACK KNIGHT INC 09215C105 75200.00000000 NS USD 5374544.00000000 2.184621313255 Long EC CORP US N 1 N N N UPSTART HOLDINGS INC 549300WNB47JRNENIC75 UPSTART HOLDINGS INC 91680M107 6400.00000000 NS USD 1311296.00000000 0.533009905507 Long EC CORP US N 1 N N N ENGAGESMART LLC N/A ENGAGESMART LLC 29283F103 44800.00000000 NS USD 979776.00000000 0.398255095095 Long EC CORP US N 1 N N PAYPAL HLDGS INC 5493005X2GO78EFZ3E94 PAYPAL HLDGS INC 70450Y103 90900.00000000 NS USD 16806501.00000000 6.831433566428 Long EC CORP US N 1 N N N BILL.COM HOLDINGS INC 549300IBF9VZZIGOZW63 BILL.COM HOLDINGS INC 090043100 22000.00000000 NS USD 6178700.00000000 2.511491153149 Long EC CORP US N 1 N N N FLEETCOR TECHNOLOGIES INC 549300DG6RR0NQSFLN74 FLEETCOR TECHNOLOGIES INC 339041105 25600.00000000 NS USD 5302528.00000000 2.155348562209 Long EC CORP US N 1 N N N FISERV INC GI7UBEJLXYLGR2C7GV83 FISERV INC 337738108 46000.00000000 NS USD 4439920.00000000 1.804719407106 Long EC CORP US N 1 N N N FIDELITY NATIONAL INFORMATION SERVICES INC 6WQI0GK1PRFVBA061U48 FIDELITY NATL INFORM SVCS INC 31620M106 113610.00000000 NS USD 11872245.00000000 4.825778608043 Long EC CORP US N 1 N N N PAGSEGURO DIGITAL LTD N/A PAGSEGURO DIGITAL LTD CL A N/A 72000.00000000 NS USD 1840320.00000000 0.748045284439 Long EC CORP KY N 1 N N DLOCAL LTD/URUGUAY N/A DLOCAL LTD/URUGUAY N/A 3200.00000000 NS USD 106240.00000000 0.043183973993 Long EC CORP KY N 1 N N N SIGNATURE BK NEW YORK NY VLP5AP0XK2GM6GKD1007 SIGNATURE BANK 82669G104 2000.00000000 NS USD 604600.00000000 0.245755183322 Long EC CORP US N 1 N N N ADYEN NV 724500973ODKK3IFQ447 ADYEN BV N/A 5200.00000000 NS 14403143.22000000 5.854527129424 Long EC CORP NL N 2 N N N MGIC INVESTMENT CORP 254900S8483WM4M98R28 MGIC INVESTMENT CORP 552848103 84228.00000000 NS USD 1187614.80000000 0.482736508254 Long EC CORP US N 1 N N N SQUARE INC 549300OHIIUWSTIZME52 SQUARE INC CL A 852234103 52600.00000000 NS USD 10958158.00000000 4.454224492500 Long EC CORP US N 1 N N N LIGHTSPEED COMMERCE INC 254900T8MDWRTGMFZ257 LIGHTSPEED COMMERCE INC 53229C107 26200.00000000 NS 1325330.93000000 0.538714762925 Long EC CORP CA N 1 N N N ALLY FINANCIAL INC 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC 02005N100 9600.00000000 NS USD 439968.00000000 0.178836282659 Long EC CORP US N 1 N N N OPEN LENDING CORP N/A OPEN LENDING CORP 68373J104 39200.00000000 NS USD 911008.00000000 0.370302576990 Long EC CORP US N 1 N N N EVO PAYMENTS INC 549300Z5UL344C8KEC55 EVO PAYMENTS INC CL A 26927E104 41200.00000000 NS USD 877148.00000000 0.356539311182 Long EC CORP US N 1 N N N MONEYGRAM INTL INC 5299002DLX0Q04KC4156 MONEYGRAM INTERNATIONAL INC 60935Y208 76700.00000000 NS USD 454831.00000000 0.184877730376 Long EC CORP US N 1 N N N FLYWIRE CORP 54930055DSV7NNY4VY66 FLYWIRE CORP 302492103 19300.00000000 NS USD 784352.00000000 0.318819995946 Long EC CORP US N 1 N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 GLOBAL PAYMENTS INC 37940X102 74569.00000000 NS USD 8876693.76000000 3.608159944236 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 1189898.86700000 NS USD 1190017.86000000 0.483713293650 Long STIV RF US N 1 N N DISCOVER FINANCIAL SVS Z1YLO2USPORE63VVUL20 DISCOVER FIN SVCS 254709108 79800.00000000 NS USD 8606430.00000000 3.498304304335 Long EC CORP US N 1 N N N ASSURANT INC H3F39CAXWQRVWURFXL38 ASSURANT INC 04621X108 4300.00000000 NS USD 654030.00000000 0.265847275137 Long EC CORP US N 1 N N N AVIDXCHANGE HOLDINGS INC N/A AVIDXCHANGE HOLDINGS INC 05368X102 900.00000000 NS USD 19224.00000000 0.007814088065 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC CL A 57636Q104 104040.00000000 NS USD 32764276.80000000 13.31788099803 Long EC CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO 949746101 26800.00000000 NS USD 1280504.00000000 0.520493707021 Long EC CORP US N 1 N N N REPAY HOLDINGS CORP N/A REPAY HOLDINGS CORP 76029L100 76900.00000000 NS USD 1258084.00000000 0.511380522750 Long EC CORP US N 1 N N N AVALARA INC 549300Q16CMW239SS315 AVALARA INC 05338G106 26200.00000000 NS USD 3659616.00000000 1.487544824627 Long EC CORP US N 1 N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO 025816109 72900.00000000 NS USD 11102670.00000000 4.512965102907 Long EC CORP US N 1 N N N GUIDEWIRE SOFTWARE INC 549300WXSG0J8IXZCK32 GUIDEWIRE SOFTWARE INC 40171V100 28200.00000000 NS USD 3280788.00000000 1.333560463747 Long EC CORP US N 1 N N N BTRS HOLDINGS INC 549300K51KDPS5MBVB54 BTRS HOLDING INC 11778X104 45400.00000000 NS USD 338684.00000000 0.137666802031 Long EC CORP US N 1 N N N SEA LTD 529900OM6JLLW44YKI15 SEA LTD ADR 81141R100 1700.00000000 NS USD 489719.00000000 0.199058853161 Long EC CORP KY 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_198_20211130.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
FinTech Portfolio
(formerly Consumer Finance Portfolio)
November 30, 2021
SAV-NPRT3-0122
1.810686.117
Common Stocks - 99.8%
 
  
Shares
Value ($)
 
Banks - 0.8%
 
  
  
Diversified Banks - 0.5%
  
  
  
Wells Fargo & Co.
 
26,800
1,280,504
Regional Banks - 0.3%
  
  
  
Signature Bank
 
2,000
604,600
TOTAL BANKS
  
  
1,885,104
Capital Markets - 0.4%
 
  
  
Financial Exchanges & Data - 0.4%
  
  
  
Open Lending Corp. (a)
  
39,200
911,008
Consumer Finance - 14.6%
 
  
  
Consumer Finance - 14.6%
  
  
  
Ally Financial, Inc.
 
9,100
417,053
American Express Co.
 
72,900
11,102,670
Capital One Financial Corp.
 
82,200
11,551,566
Discover Financial Services
 
79,800
8,606,430
LendingClub Corp. (a)
  
23,490
768,593
OneMain Holdings, Inc.
 
40,413
2,012,163
Upstart Holdings, Inc.
 
6,400
1,311,296
 
  
  
35,769,771
Entertainment - 0.2%
 
  
  
Interactive Home Entertainment - 0.2%
  
  
  
Sea Ltd. ADR (a)
  
1,700
489,719
Insurance - 0.2%
 
  
  
Multi-Line Insurance - 0.2%
  
  
  
Assurant, Inc.
 
4,300
654,030
IT Services - 57.5%
 
  
  
Data Processing & Outsourced Services - 57.5%
  
  
  
Adyen BV (a)(b)
  
5,100
14,126,160
Affirm Holdings, Inc.
 
15,000
1,900,200
Afterpay Ltd. (a)
  
39,196
3,001,658
Dlocal Ltd.
 
3,200
106,240
Edenred SA
 
76,000
3,406,292
EVO Payments, Inc. Class A (a)
  
41,200
877,148
Fidelity National Information Services, Inc.
 
113,610
11,872,245
Fiserv, Inc. (a)
  
46,000
4,439,920
FleetCor Technologies, Inc. (a)
  
25,700
5,323,241
Flywire Corp. (c)
  
19,900
808,736
Global Payments, Inc.
 
74,569
8,876,694
MasterCard, Inc. Class A
 
104,040
32,764,277
MoneyGram International, Inc. (a)
  
76,700
454,831
Nuvei Corp. (a)(b)
  
14,000
1,378,575
PagSeguro Digital Ltd. (a)(c)
  
72,000
1,840,320
PayPal Holdings, Inc. (a)
  
90,800
16,788,012
Remitly Global, Inc. (c)
  
1,500
36,090
Repay Holdings Corp. (a)
  
76,900
1,258,084
Square, Inc. (a)
  
52,600
10,958,158
Visa, Inc. Class A
 
108,036
20,934,136
 
  
  
141,151,017
Software - 25.6%
 
  
  
Application Software - 25.6%
  
  
  
Avalara, Inc. (a)
  
26,200
3,659,616
AvidXchange Holdings, Inc.
 
900
19,224
Bill.Com Holdings, Inc. (a)
  
22,000
6,178,700
Black Knight, Inc. (a)
  
74,900
5,353,103
BTRS Holdings, Inc. (a)
  
45,400
338,684
BTRS Holdings, Inc. (a)(d)
  
16,500
123,090
EngageSmart, Inc. (c)
  
46,000
1,006,020
Guidewire Software, Inc. (a)
  
28,000
3,257,520
Intuit, Inc.
 
58,400
38,094,318
Lightspeed Commerce, Inc. (Canada) (a)
  
26,200
1,325,331
nCino, Inc. (a)
  
15,300
950,436
Workiva, Inc. (a)
  
17,800
2,482,566
 
  
  
62,788,608
Thrifts & Mortgage Finance - 0.5%
 
  
  
Thrifts & Mortgage Finance - 0.5%
  
  
  
MGIC Investment Corp.
 
84,228
1,187,615
 
TOTAL COMMON STOCKS
 (Cost $242,307,388)
  
  
  
244,836,872
 
  
  
  
Money Market Funds - 0.5%
 
  
Shares
Value ($)
 
Fidelity Securities Lending Cash Central Fund 0.07% (e)(f)
 
 (Cost $1,184,968)
 
  
1,184,849
1,184,968
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $243,492,356)
 
  
 
246,021,840
NET OTHER ASSETS (LIABILITIES) - (0.3)%  
(632,582)
NET ASSETS - 100.0%
245,389,258
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $15,504,735 or 6.3% of net assets.
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
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 $123,090 or 0.1% of net assets.
 
(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 ($)
 
BTRS Holdings, Inc.
1/12/21
165,000
 
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%
355,405
84,697,761
85,053,166
2,090
-
-
-
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
3,320,368
52,229,739
54,365,139
8,691
-
-
1,184,968
0.0%
Total
3,675,773
136,927,500
139,418,305
10,781
-
-
1,184,968
  
 
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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