0001752724-22-171219.txt : 20220729 0001752724-22-171219.hdr.sgml : 20220729 20220729135343 ACCESSION NUMBER: 0001752724-22-171219 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220531 FILED AS OF DATE: 20220729 DATE AS OF CHANGE: 20220729 PERIOD START: 20230228 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: 221119739 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 S000007469 Materials Portfolio C000020443 Materials Portfolio FSDPX C000040626 Fidelity Advisor Materials Fund: Class A FMFAX C000040628 Fidelity Advisor Materials Fund: Class C FMFCX C000040629 Fidelity Advisor Materials Fund: Class M FMFTX C000040630 Fidelity Advisor Materials Fund: Class I FMFEX C000205044 Fidelity Advisor Materials Fund: Class Z FIJFX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007469 C000040630 C000040626 C000020443 C000040628 C000205044 C000040629 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Materials Portfolio S000007469 EDXMUEPB66T77Y8C2J98 2023-02-28 2022-05-31 N 1183520778.11 14107394.60 1169413383.51 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 19934.79000000 N LYONDELLBASELL INDS NV BN6WCCZ8OVP3ITUUVN49 LYONDELLBASELL INDS CLASS A N/A 252100.00000000 NS USD 28802425.00000000 2.462980619697 Long EC CORP NL N 1 N N N WACKER CHEMIE AG 0NURKC5Q3CJYZPPK5046 WACKER CHEMIE AG N/A 38500.00000000 NS 6883790.44000000 0.588653297206 Long EC CORP DE N 1 N N N COMPASS MINERALS INTL INC 2549008X9G8XP7YJGC47 COMPASS MINERALS INTL INC 20451N101 43100.00000000 NS USD 1936483.00000000 0.165594393505 Long EC CORP US N 1 N N N ROYAL GOLD INC 5493001NGRU6SFL04184 ROYAL GOLD INC 780287108 60700.00000000 NS USD 6863956.00000000 0.586957195529 Long EC CORP US N 1 N N N LINDE PLC 8945002PAZHZLBGKGF02 LINDE PLC N/A 458986.00000000 NS USD 149023574.48000000 12.74344697789 Long EC CORP IE N 1 N N N ALCOA CORP 549300T12EZ1F6PWWU29 ALCOA CORP 013872106 583800.00000000 NS USD 36032136.00000000 3.081214607947 Long EC CORP US N 1 N N N STEEL DYNAMICS INC 549300HGGKEL4FYTTQ83 STEEL DYNAMICS INC 858119100 100800.00000000 NS USD 8606304.00000000 0.735950530527 Long EC CORP US N 1 N N N FIRST QUANTUM MINERALS LTD 549300I7UVBGWRYMYZ18 FIRST QUANTUM MINERALS INC 335934105 725900.00000000 NS 21016292.84000000 1.797165410996 Long EC CORP CA N 1 N N N LUNDIN MINING CORP 549300FQDIM6C8HTN269 LUNDIN MINING CORP 550372106 745000.00000000 NS 6632169.82000000 0.567136473168 Long EC CORP CA N 1 N N N HUNTSMAN CORP 5299000V56320A7RIQ67 HUNTSMAN CORP 447011107 236000.00000000 NS USD 8555000.00000000 0.731563373622 Long EC CORP US N 1 N N N RELIANCE STEEL and ALUMINUM CO 549300E287ZOFT3C5Z56 RELIANCE STEEL and ALUMINUM CO 759509102 107500.00000000 NS USD 20898000.00000000 1.787049840089 Long EC CORP US N 1 N N N FMC CORP CKDHZ2X64EEBQCSP7013 FMC CORP NEW 302491303 58517.00000000 NS USD 7173013.86000000 0.613385647979 Long EC CORP US N 1 N N N SCOTTS MIRACLE GRO CO (THE) 2TH9E0JTOUXOEGI2R879 SCOTTS MIRACLE GRO CO 810186106 41800.00000000 NS USD 3955116.00000000 0.338213676683 Long EC CORP US N 1 N N BALL CORP 0BGI85ALH27ZJP15DY16 BALL CORP 058498106 296300.00000000 NS USD 21004707.00000000 1.796174671522 Long EC CORP US N 1 N N N CROWN HOLDINGS INC NYLWZIOY8PUNIT4JOE22 CROWN HOLDINGS INC 228368106 201359.00000000 NS USD 21029933.96000000 1.798331903546 Long EC CORP US N 1 N N N AIR PRODUCTS and CHEMICALS INC 7QEON6Y1RL5XR3R1W237 AIR PRODUCTS and CHEMICALS INC 009158106 178000.00000000 NS USD 43816480.00000000 3.746876905793 Long EC CORP US N 1 N N N VULCAN MATERIALS CO 549300Q8LSNHAVWBNI21 VULCAN MATERIALS CO 929160109 134300.00000000 NS USD 22142041.00000000 1.893431468480 Long EC CORP US N 1 N N N AVERY DENNISON CORP 549300PW7VPFCYKLIV37 AVERY DENNISON CORP 053611109 102200.00000000 NS USD 17635632.00000000 1.508075095486 Long EC CORP US N 1 N N N LIVENT CORP 254900OOLQ2VNMZTJL47 LIVENT CORP 53814L108 339597.00000000 NS USD 10795788.63000000 0.923179842323 Long EC CORP US N 1 N N CORTEVA INC 549300WZN9I2QKLS0O94 CORTEVA INC 22052L104 789911.00000000 NS USD 49464226.82000000 4.229832454245 Long EC CORP US N 1 N N N PPG INDUSTRIES INC 549300BKPEP01R3V6C59 PPG INDUSTRIES INC 693506107 186600.00000000 NS USD 23603034.00000000 2.018365304590 Long EC CORP US N 1 N N N TRONOX HOLDINGS PLC 549300NRVC84SGJSXV06 TRONOX HOLDINGS PLC N/A 1917903.00000000 NS USD 34541433.03000000 2.953740184358 Long EC CORP GB N 1 N N N EASTMAN CHEMICAL CO FDPVHDGJ1IQZFK9KH630 EASTMAN CHEMICAL CO 277432100 71500.00000000 NS USD 7876440.00000000 0.673537699419 Long EC CORP US N 1 N N N INTERNATIONAL FLAVORS and FRAGRANCES INC BZLRL03D3GPGMOGFO832 INTERNATIONAL FLAVORS and FRAGRA 459506101 234115.00000000 NS USD 30942979.55000000 2.646025775515 Long EC CORP US N 1 N N N APTARGROUP INC VNPEQDQFAA7IY1T2PX43 APTARGROUP INC 038336103 92500.00000000 NS USD 9905825.00000000 0.847076417944 Long EC CORP US N 1 N N N FREEPORT-MCMORAN INC 549300IRDTHJQ1PVET45 FREEPORT MCMORAN INC 35671D857 1522600.00000000 NS USD 59503208.00000000 5.088295451297 Long EC CORP US N 1 N N N OLIN CORP 549300GKK294V7W57P06 OLIN CORP 680665205 469600.00000000 NS USD 30894984.00000000 2.641921533963 Long EC CORP US N 1 N N N CF INDUSTRIES HOLDINGS INC 529900CG8YAQFZ2JMV97 CF INDUSTRIES HOLDINGS INC 125269100 610300.00000000 NS USD 60279331.00000000 5.154664026425 Long EC CORP US N 1 N N N SHERWIN WILLIAMS CO Z15BMIOX8DDH0X2OBP21 SHERWIN WILLIAMS CO 824348106 227800.00000000 NS USD 61059512.00000000 5.221379613146 Long EC CORP US N 1 N N N SUMMIT MATERIALS INC N/A SUMMIT MATERIALS INC CL A 86614U100 262500.00000000 NS USD 7168875.00000000 0.613031721809 Long EC CORP US N 1 N N N ALBEMARL CORP HDBLS2Q6GV1LSKQPBS54 ALBEMARLE CORP 012653101 213600.00000000 NS USD 55625712.00000000 4.756719290576 Long EC CORP US N 1 N N N COMMERCIAL METALS CO 549300OQS2LO07ZJ7N73 COMMERCIAL METALS CO 201723103 331100.00000000 NS USD 13154603.00000000 1.124889041419 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 9387011.24400000 NS USD 9388888.65000000 0.802871660474 Long STIV RF US N 1 N N N ELEMENT SOLUTIONS INC 549300FLGN6P5CU20J91 ELEMENT SOLUTIONS INC 28618M106 398400.00000000 NS USD 8481936.00000000 0.725315454706 Long EC CORP US N 1 N N N NUTRIEN LTD 5493002QQ7GD21OWF963 NUTRIEN LTD 67077M108 383300.00000000 NS 37458760.33000000 3.203209477350 Long EC CORP CA N 1 N N N MARTIN MARIETTA MATERIALS INC 5299005MZ4WZECVATV08 MARTIN MARIETTA MATERIALS INC 573284106 64300.00000000 NS USD 21822134.00000000 1.866075273954 Long EC CORP US N 1 N N N PACKAGING CORP OF AMERICA 549300XZP8MFZFY8TJ84 PACKAGING CORP OF AMERICA 695156109 70900.00000000 NS USD 11151152.00000000 0.953568016002 Long EC CORP US N 1 N N N LOUISIANA PACIFIC CORP 549300C7E2UAO5BVRR75 LOUISIANA PACIFIC CORP 546347105 171900.00000000 NS USD 11871414.00000000 1.015159751666 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 12949185.33400000 NS USD 12950480.25000000 1.107433900844 Long STIV RF US N 1 N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 262610.00000000 NS USD 43044405.10000000 3.680854495679 Long EC CORP US N 1 N N N DUPONT DE NEMOURS INC 5493004JF0SDFLM8GD76 DUPONT DE NEMOURS INC 26614N102 493917.00000000 NS USD 33512268.45000000 2.865733274696 Long EC CORP US N 1 N N N WEST FRASER TIMBER CO 5493005WD1ZK6WBVR988 WEST FRASER TIMBER LTD 952845105 53900.00000000 NS 4973024.47000000 0.425258043060 Long EC CORP CA N 1 N N N RPM INTERNATIONAL INC 549300TJCKW4BRXPJ474 RPM INTERNATIONAL INC 749685103 121100.00000000 NS USD 10668910.00000000 0.912330075099 Long EC CORP US N 1 N N N ASHLAND GLOBAL HOLDINGS INC 529900E4L9R04SB8HB11 ASHLAND GLOBAL HOLDINGS INC 044186104 62500.00000000 NS USD 6688750.00000000 0.571974811843 Long EC CORP US N 1 N N N MOSAIC CO 2YD5STGSJNMUB7H76907 MOSAIC CO NEW 61945C103 543800.00000000 NS USD 34069070.00000000 2.913347023423 Long EC CORP US N 1 N N N NEWMONT CORP 549300VSP3RIX7FGDZ51 NEWMONT CORP 651639106 718100.00000000 NS USD 48723085.00000000 4.166455223366 Long EC CORP US N 1 N N N 2022-06-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_509_20220531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Materials Portfolio
May 31, 2022
IND-NPRT1-0722
1.802177.118
Common Stocks - 98.5%
 
  
Shares
Value ($)
 
Chemicals - 66.8%
 
  
  
Commodity Chemicals - 8.0%
  
  
  
LyondellBasell Industries NV Class A
 
250,200
28,585,350
Olin Corp.
 
466,000
30,658,140
Tronox Holdings PLC
 
1,903,203
34,276,686
 
  
  
93,520,176
Diversified Chemicals - 0.7%
  
  
  
Huntsman Corp.
 
232,700
8,435,375
Fertilizers & Agricultural Chemicals - 16.3%
  
  
  
CF Industries Holdings, Inc.
 
605,600
59,815,112
Corteva, Inc.
 
783,911
49,088,507
FMC Corp.
 
58,517
7,173,014
Nutrien Ltd.
 
380,400
37,175,352
The Mosaic Co.
 
539,700
33,812,205
The Scotts Miracle-Gro Co. Class A (a)
  
41,800
3,955,116
 
  
  
191,019,306
Industrial Gases - 16.4%
  
  
  
Air Products & Chemicals, Inc.
 
176,600
43,471,856
Linde PLC
 
455,486
147,887,194
 
  
  
191,359,050
Specialty Chemicals - 25.4%
  
  
  
Albemarle Corp. U.S.
 
212,000
55,209,040
Ashland Global Holdings, Inc.
 
62,500
6,688,750
DuPont de Nemours, Inc.
 
490,117
33,254,438
Eastman Chemical Co.
 
70,400
7,755,264
Ecolab, Inc.
 
260,610
42,716,585
Element Solutions, Inc.
 
392,800
8,362,712
International Flavors & Fragrances, Inc.
 
232,315
30,705,074
Livent Corp. (a)(b)
  
335,997
10,681,345
PPG Industries, Inc.
 
185,200
23,425,948
RPM International, Inc.
 
119,700
10,545,570
Sherwin-Williams Co.
 
226,100
60,603,844
Wacker Chemie AG
 
38,500
6,883,790
 
  
  
296,832,360
TOTAL CHEMICALS
  
  
781,166,267
Construction Materials - 4.4%
 
  
  
Construction Materials - 4.4%
  
  
  
Martin Marietta Materials, Inc.
 
63,800
21,652,444
Summit Materials, Inc. (b)
  
262,500
7,168,875
Vulcan Materials Co.
 
133,300
21,977,171
 
  
  
50,798,490
Containers & Packaging - 6.9%
 
  
  
Metal & Glass Containers - 4.4%
  
  
  
Aptargroup, Inc.
 
91,400
9,788,026
Ball Corp.
 
294,100
20,848,749
Crown Holdings, Inc.
 
199,859
20,873,274
 
  
  
51,510,049
Paper Packaging - 2.5%
  
  
  
Avery Dennison Corp.
 
101,400
17,497,584
Packaging Corp. of America
 
70,100
11,025,328
 
  
  
28,522,912
TOTAL CONTAINERS & PACKAGING
  
  
80,032,961
Metals & Mining - 19.0%
 
  
  
Aluminum - 3.1%
  
  
  
Alcoa Corp.
 
579,300
35,754,396
Copper - 7.4%
  
  
  
First Quantum Minerals Ltd.
 
725,900
21,016,293
Freeport-McMoRan, Inc.
 
1,510,900
59,045,972
Lundin Mining Corp.
 
745,000
6,632,170
 
  
  
86,694,435
Diversified Metals & Mining - 0.2%
  
  
  
Compass Minerals International, Inc.
 
43,100
1,936,483
Gold - 4.7%
  
  
  
Newmont Corp.
 
712,600
48,349,910
Royal Gold, Inc.
 
60,700
6,863,956
 
  
  
55,213,866
Steel - 3.6%
  
  
  
Commercial Metals Co.
 
328,100
13,035,413
Reliance Steel & Aluminum Co.
 
106,700
20,742,480
Steel Dynamics, Inc.
 
99,400
8,486,772
 
  
  
42,264,665
TOTAL METALS & MINING
  
  
221,863,845
Paper & Forest Products - 1.4%
 
  
  
Forest Products - 1.4%
  
  
  
Louisiana-Pacific Corp.
 
170,200
11,754,012
West Fraser Timber Co. Ltd.
 
53,900
4,973,024
 
  
  
16,727,036
 
TOTAL COMMON STOCKS
 (Cost $752,878,559)
  
  
  
1,150,588,599
 
  
  
  
Money Market Funds - 2.0%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 0.82% (c)
  
9,387,011
9,388,889
Fidelity Securities Lending Cash Central Fund 0.82% (c)(d)
  
14,326,973
14,328,405
 
TOTAL MONEY MARKET FUNDS
 (Cost $23,717,294)
  
  
23,717,294
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.5%
 (Cost $776,595,853)
 
  
 
1,174,305,893
NET OTHER ASSETS (LIABILITIES) - (0.5)%  
(5,398,674)
NET ASSETS - 100.0%
1,168,907,219
 
  
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 0.82%
1,212,250
55,208,485
47,031,846
9,896
-
-
9,388,889
0.0%
Fidelity Securities Lending Cash Central Fund 0.82%
20,127,155
48,464,856
54,263,606
3,358
-
-
14,328,405
0.0%
Total
21,339,405
103,673,341
101,295,452
13,254
-
-
23,717,294
  
 
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 - 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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