0001752724-22-146208.txt : 20220624 0001752724-22-146208.hdr.sgml : 20220624 20220624110615 ACCESSION NUMBER: 0001752724-22-146208 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220430 FILED AS OF DATE: 20220624 PERIOD START: 20220731 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: 221038498 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 S000056373 Fidelity Flex Real Estate Fund C000177600 Fidelity Flex Real Estate Fund FFERX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000056373 C000177600 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Flex Real Estate Fund S000056373 549300NKXDZQHZNP2L91 2022-07-31 2022-04-30 N 1953255.88 0.00 1953255.88 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 539.87000000 N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL REALTY TRUST INC 253868103 574.00000000 NS USD 83872.88000000 4.294003712406 Long EC CORP US N 1 N N N EQUINIX INC 549300EVUN2BTLJ3GT74 EQUINIX INC 29444U700 70.00000000 NS USD 50335.60000000 2.577010033114 Long EC CORP US N 1 N N N FOUR CORNERS PROPERTY TRUST INC 549300SVTPZPBDVNER42 FOUR CORNERS PPTY TR INC W/I 35086T109 372.00000000 NS USD 10215.12000000 0.522979098877 Long EC CORP US N 1 N N N EXTRA SPACE STORAGE INC N/A EXTRA SPACE STORAGE INC 30225T102 282.00000000 NS USD 53580.00000000 2.743112182516 Long EC CORP US N 1 N N N LXP INDUSTRIAL TRUST 549300S4MH2ICXDBFV43 LXP INDUSTRIAL TRUST REIT 529043101 1495.00000000 NS USD 18762.25000000 0.960562832146 Long EC CORP US N 1 N N N WELLTOWER INC T6IZ0MBEG5ACZDTR7D06 WELLTOWER INC 95040Q104 1136.00000000 NS USD 103160.16000000 5.281446279327 Long EC CORP US N 1 N N N KIMCO REALTY CORP 549300EA7I6T15IBYS12 KIMCO REALTY CORPORATION 49446R109 1447.00000000 NS USD 36652.51000000 1.876482767838 Long EC CORP US N 1 N N N RYMAN HOSPITALITY PPTYS INC 529900GCCWW9SRMPJR11 RYMAN HOSPITALITY PPTYS INC 78377T107 140.00000000 NS USD 13087.20000000 0.670019741601 Long EC CORP US N 1 N N N INSTONE REAL ESTATE GROUP SE 391200DINUIRPDZQHX03 INSTONE REAL ESTATE GROUP N/A 852.00000000 NS 13079.95000000 0.669648566474 Long EC CORP DE N 2 N N N SUN COMMUNITIES INC 549300H5GEOJYN41ZG57 SUN COMMUNITIES INC - REIT 866674104 241.00000000 NS USD 42312.37000000 2.166248182496 Long EC CORP US N 1 N N N CBRE GROUP INC 52990016II9MJ2OSWA10 CBRE GROUP INC - CL A 12504L109 595.00000000 NS USD 49408.80000000 2.529561052697 Long EC CORP US N 1 N N N NATIONAL RETAIL PROPERTIES INC 5493008JKH5SOTI0JS97 NATIONAL RETAIL PROPERTIES INC 637417106 874.00000000 NS USD 38316.16000000 1.961655940336 Long EC CORP US N 1 N N N VERIS RESIDENTIAL INC N/A VERIS RESIDENTIAL INC 554489104 633.00000000 NS USD 10134.33000000 0.518842928044 Long EC CORP US N 1 N N N CUBESMART N/A CUBESMART 229663109 1120.00000000 NS USD 53211.20000000 2.724230887762 Long EC CORP US N 1 N N N VENTAS INC ORQTRC074CWLT3DKHT41 VENTAS INC REIT 92276F100 1259.00000000 NS USD 69937.45000000 3.580557504836 Long EC CORP US N 1 N N N MEDICAL PROPERTIES TRUST INC 254900U6E39J1MQCCY14 MEDICAL PPTY TR INC 58463J304 1225.00000000 NS USD 22527.75000000 1.153343513805 Long EC CORP US N 1 N N N URBAN EDGE PROPERTIES N/A URBAN EDGE PROPERTIES 91704F104 494.00000000 NS USD 9232.86000000 0.472690756727 Long EC CORP US N 1 N N N HIGHWOODS PROPERTIES INC ZIIGTYKL9T0X3HLTDX53 HIGHWOODS PROPERTIES INC 431284108 288.00000000 NS USD 11761.92000000 0.602169952254 Long EC CORP US N 1 N N N WEYERHAEUSER CO 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO 962166104 1115.00000000 NS USD 45960.30000000 2.353009683503 Long EC CORP US N 1 N N N VICI PPTYS INC 254900RKH6RY9KCJQH63 VICI PPTYS INC 925652109 1342.00000000 NS USD 40005.02000000 2.048119778346 Long EC CORP US N 1 N N N PHILLIPS EDISON and CO INC 549300UC1QJSQ49IC243 PHILLIPS EDISON and CO INC 71844V201 399.00000000 NS USD 13510.14000000 0.691672818617 Long EC CORP US N 1 N N N APARTMENT INCOME REIT CORP N/A APARTMENT INCOME REIT CORP CL A 03750L109 505.00000000 NS USD 24830.85000000 1.271254332535 Long EC CORP US N 1 N N N CROWN CASTLE INTERNATIONAL CORP 54930012H97VSM0I2R19 CROWN CASTLE INTL CORP 22822V101 1070.00000000 NS USD 198174.70000000 10.14586475992 Long EC CORP US N 1 N N N PIEDMONT OFFICE RLTY TR INC N/A PIEDMONT OFFICE REALTY TRUST A 720190206 475.00000000 NS USD 7647.50000000 0.391525763639 Long EC CORP US N 1 N N N INVITATION HOMES INC N/A INVITATION HOMES INC 46187W107 939.00000000 NS USD 37390.98000000 1.914289898361 Long EC CORP US N 1 N N N RLJ LODGING TR N/A RLJ LODGING TRUST 74965L101 1142.00000000 NS USD 16010.84000000 0.819700079438 Long EC CORP US N 1 N N N WASHINGTON REAL ESTATE INVS TR 549300DI34BGS8LVKW95 WASHINGTON REAL ESTATE IVST TR 939653101 618.00000000 NS USD 14887.62000000 0.762195068881 Long EC CORP US N 1 N N N MID-AMERICA APT CMNTYS INC 549300FQZKFR5YNSHZ21 MID AMERICA APT CMNTY INC 59522J103 297.00000000 NS USD 58413.96000000 2.990594350597 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 12630.82400000 NS USD 12633.35000000 0.646784178629 Long STIV RF US N 1 N N N AMERICAN HOMES 4 RENT 549300ZJUO7A58PNUW40 AMERICAN HOMES 4 RENT 02665T306 776.00000000 NS USD 30737.36000000 1.573647381007 Long EC CORP US N 1 N N N REALTY INCOME CORP 549300CUWDAUZSH43859 REALTY INCOME CORP REIT 756109104 193.00000000 NS USD 13386.48000000 0.685341850858 Long EC CORP US N 1 N N N GAMING AND LEISURE PROPERTIES INC 5493006GWRDBCZYWTM57 GAMING AND LEISURE PROPRTI INC 36467J108 944.00000000 NS USD 41894.72000000 2.144865935332 Long EC CORP US N 1 N N N SPIRIT REALTY CAPITAL INC 549300LTU6LVPZSHMJ25 SPIRIT RLTY CAP INC 84860W300 617.00000000 NS USD 26808.65000000 1.372510907275 Long EC CORP US N 1 N N N IRON MOUNTAIN INC SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC 46284V101 543.00000000 NS USD 29175.39000000 1.493679875675 Long EC CORP US N 1 N N N DUKE REALTY CORP 254900E47KH1NFFKNF25 DUKE REALTY CORP REIT 264411505 1661.00000000 NS USD 90939.75000000 4.655803212019 Long EC CORP US N 1 N N N AMERICAN ASSETS TRUST INC N/A AMERICAN ASSETS TRUST INC 024013104 342.00000000 NS USD 12517.20000000 0.640837697107 Long EC CORP US N 1 N N N EQUITY LIFESTYLE PROPERTIES INC 529900PEQG66LENB6798 EQUITY LIFESTYLE PPTYS INC 29472R108 706.00000000 NS USD 54559.68000000 2.793268437517 Long EC CORP US N 1 N N N HOST HOTELS and RESORTS INC N6EL63S0K3PB1YFTDI24 HOST HOTELS and RESORTS INC 44107P104 1764.00000000 NS USD 35897.40000000 1.837823726402 Long EC CORP US N 1 N N N UDR INC P3CH2EG5X6Z1XWU1OO74 UDR INC 902653104 1156.00000000 NS USD 61510.76000000 3.149139886372 Long EC CORP US N 1 N N N CYXTERA TECHNOLOGIES INC N/A CYXTERA TECHNOLOGIES INC A 23284C102 775.00000000 NS USD 9323.25000000 0.477318414625 Long EC CORP US N 1 N N N SBA COMMUNICATIONS CORP 5299001HX8ZN8Y8QIT49 SBA COMMUNICATIONS CORP 78410G104 422.00000000 NS USD 146480.42000000 7.499294972044 Long EC CORP US N 1 N N N ZILLOW GROUP INC 2549002XEELQDIR6FU05 ZILLOW GROUP INC CL C 98954M200 354.00000000 NS USD 14096.28000000 0.721681175740 Long EC CORP US N 1 N N N DIAMONDROCK HOSPITALITY CO 529900KKD4BPVBUAQ734 DIAMONDROCK HOSPITALITY CO 252784301 1689.00000000 NS USD 17937.18000000 0.918322078723 Long EC CORP US N 1 N N N REGENCY CENTERS CORP(REIT) 529900053A7X7FJ97S58 REGENCY CENTERS CORP REIT 758849103 425.00000000 NS USD 29252.75000000 1.497640442275 Long EC CORP US N 1 N N N PROLOGIS INC 529900DFH19P073LZ636 PROLOGIS INC REIT 74340W103 937.00000000 NS USD 150191.73000000 7.689301311613 Long EC CORP US N 1 N N N REALOGY HOLDINGS CORP 5493004HBTOTE9DI9P12 REALOGY HOLDINGS CORP 75605Y106 531.00000000 NS USD 5819.76000000 0.297951746086 Long EC CORP US N 1 N N N LAMAR ADVERTISING CO 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO CL A 512816109 201.00000000 NS USD 22192.41000000 1.136175256259 Long EC CORP US N 1 N N N 2022-05-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_2928_20220430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Flex® Funds
Fidelity Flex® Real Estate Fund
April 30, 2022
ZXL-NPRT3-0622
1.9881644.105
Common Stocks - 99.2%
 
  
Shares
Value ($)
 
Equity Real Estate Investment Trusts (REITs) - 94.5%
 
  
  
REITs - Apartments - 9.6%
  
  
  
American Homes 4 Rent Class A
 
776
30,737
Invitation Homes, Inc.
 
939
37,391
Mid-America Apartment Communities, Inc.
 
297
58,414
UDR, Inc.
 
1,156
61,511
 
  
  
188,053
REITs - Diversified - 36.5%
  
  
  
Apartment Income (REIT) Corp.
 
505
24,831
Crown Castle International Corp.
 
1,070
198,176
Digital Realty Trust, Inc.
 
574
83,873
Duke Realty Corp.
 
1,661
90,940
Equinix, Inc.
 
70
50,336
Gaming & Leisure Properties
 
944
41,895
Lamar Advertising Co. Class A
 
201
22,192
SBA Communications Corp. Class A
 
422
146,480
VICI Properties, Inc.
 
1,342
40,005
Washington REIT (SBI)
 
618
14,888
 
  
  
713,616
REITs - Health Care - 10.0%
  
  
  
Medical Properties Trust, Inc.
 
1,225
22,528
Ventas, Inc.
 
1,259
69,937
Welltower, Inc.
 
1,136
103,160
 
  
  
195,625
REITs - Hotels - 4.2%
  
  
  
DiamondRock Hospitality Co. (a)
  
1,689
17,937
Host Hotels & Resorts, Inc.
 
1,764
35,897
RLJ Lodging Trust
 
1,142
16,011
Ryman Hospitality Properties, Inc. (a)
  
140
13,087
 
  
  
82,932
REITs - Management/Investment - 5.9%
  
  
  
American Assets Trust, Inc.
 
342
12,517
LXP Industrial Trust (REIT)
 
1,495
18,762
National Retail Properties, Inc.
 
874
38,316
Weyerhaeuser Co.
 
1,115
45,960
 
  
  
115,555
REITs - Manufactured Homes - 5.0%
  
  
  
Equity Lifestyle Properties, Inc.
 
706
54,560
Sun Communities, Inc.
 
241
42,312
 
  
  
96,872
REITs - Office Property - 1.5%
  
  
  
Highwoods Properties, Inc. (SBI)
 
288
11,762
Piedmont Office Realty Trust, Inc. Class A
 
475
7,648
Veris Residential, Inc. (a)
  
633
10,134
 
  
  
29,544
REITs - Shopping Centers - 5.2%
  
  
  
Kimco Realty Corp.
 
1,447
36,653
Phillips Edison & Co., Inc.
 
399
13,510
Realty Income Corp.
 
193
13,386
Regency Centers Corp.
 
425
29,253
Urban Edge Properties
 
509
9,513
 
  
  
102,315
REITs - Single Tenant - 1.9%
  
  
  
Four Corners Property Trust, Inc.
 
372
10,215
Spirit Realty Capital, Inc.
 
617
26,809
 
  
  
37,024
REITs - Storage - 7.0%
  
  
  
CubeSmart
 
1,120
53,211
Extra Space Storage, Inc.
 
282
53,580
Iron Mountain, Inc.
 
543
29,175
 
  
  
135,966
REITs - Warehouse/Industrial - 7.7%
  
  
  
Prologis (REIT), Inc.
 
937
150,192
TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)
  
  
1,847,694
IT Services - 0.5%
 
  
  
Internet Services & Infrastructure - 0.5%
  
  
  
Cyxtera Technologies, Inc. Class A (a)
  
775
9,323
Real Estate Management & Development - 4.2%
 
  
  
Real Estate Development - 0.7%
  
  
  
Instone Real Estate Group BV (b)
  
852
13,080
Real Estate Services - 3.5%
  
  
  
CBRE Group, Inc.
 
595
49,409
Realogy Holdings Corp. (a)
  
531
5,820
Zillow Group, Inc. Class C (a)
  
354
14,096
 
  
  
69,325
TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT
  
  
82,405
 
TOTAL COMMON STOCKS
 (Cost $1,555,858)
  
  
  
1,939,422
 
  
  
  
Money Market Funds - 0.7%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.32% (c)
 
 (Cost $12,633)
 
  
12,631
12,633
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.9%
 (Cost $1,568,491)
 
  
 
1,952,055
NET OTHER ASSETS (LIABILITIES) - 0.1%  
2,607
NET ASSETS - 100.0%
1,954,662
 
  
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 $13,080 or 0.7% of net assets.
 
(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.
 
 
 
 
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 0.32%
10,589
293,319
291,275
5
-
-
12,633
0.0%
Total
10,589
293,319
291,275
5
-
-
12,633
  
 
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
 
 
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 - Unadjusted 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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