0001752724-23-014711.txt : 20230126 0001752724-23-014711.hdr.sgml : 20230126 20230126130727 ACCESSION NUMBER: 0001752724-23-014711 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221130 FILED AS OF DATE: 20230126 DATE AS OF CHANGE: 20230126 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: 23556569 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 S000007493 Tech Hardware Portfolio C000020467 Tech Hardware Portfolio FDCPX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007493 C000020467 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Tech Hardware Portfolio S000007493 1P3CTNNPOO0WY5C7OU89 2023-02-28 2022-11-30 N 748022889.71 9819104.94 738203784.77 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 4122.14000000 N SAMSUNG ELECTRONICS CO LTD 9884007ER46L6N7EI764 SAMSUNG ELECTRONICS CO LTD N/A 1878015.00000000 NS 91241180.24000000 12.35989060506 Long EC CORP KR N 2 N N N CLOUDFLARE INC 5493007DY18BGNLDWU14 CLOUDFLARE INC 18915M107 93789.00000000 NS USD 4608791.46000000 0.624325092215 Long EC CORP US N 1 N N N DELL TECHNOLOGIES INC 549300TJB5YBRUPOG437 DELL TECHNOLOGIES INC CL C 24703L202 461040.00000000 NS USD 20649981.60000000 2.797328058462 Long EC CORP US N 1 N N N PANASONIC HOLDINGS CORP 254900GE1G59KGWPHX32 PANASONIC HOLDINGS CORP N/A 601738.00000000 NS 5618829.17000000 0.761148789253 Long EC CORP JP N 2 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 499082.00000000 NS USD 73879108.46000000 10.00795579543 Long EC CORP US N 1 N N N CALIX INC 5299002RQRZ4SXSCSJ58 CALIX NETWORKS INC 13100M509 74398.00000000 NS USD 5304577.40000000 0.718579003445 Long EC CORP US N 1 N N N INSIGHT ENTERPRISES INC 529900S8991TYW6YP792 INSIGHT ENTERPRISES INC 45765U103 97192.00000000 NS USD 10099220.72000000 1.368080322582 Long EC CORP US N 1 N N N KEYSIGHT TECHNOLOGIES INC 549300GLKVIO8YRCYN02 KEYSIGHT TECHNOLOGIES INC 49338L103 137586.00000000 NS USD 24887931.54000000 3.371417493850 Long EC CORP US N 1 N N N ERICSSON 549300W9JLPW15XIFM52 ERICSSON (LM) TELE CO CL B N/A 2294571.00000000 NS 14482558.69000000 1.961864594681 Long EC CORP SE N 2 N N N CIENA CORP W0CZ7N0GH8UIGXDM1H41 CIENA CORP 171779309 112002.00000000 NS USD 5035609.92000000 0.682143606398 Long EC CORP US N 1 N N N XIAOMI CORP N/A XIAOMI CORP B N/A 6507553.00000000 NS 8817469.29000000 1.194449211981 Long EC CORP KY N 2 N N N PURE STORAGE INC 549300NPDB0BZTK3WO90 PURE STORAGE INC CL A 74624M102 388019.00000000 NS USD 11326274.61000000 1.534301888404 Long EC CORP US N 1 N N N INFINERA CORP 549300ZOF66WPV3H0H17 INFINERA CORP 45667G103 422475.00000000 NS USD 2851706.25000000 0.386303390585 Long EC CORP US N 1 N N JUNIPER NETWORKS INC AUHIXNGG7U2U7JEHM527 JUNIPER NETWORKS INC 48203R104 281382.00000000 NS USD 9353137.68000000 1.267012967552 Long EC CORP US N 1 N N N NINTENDO CO LTD 353800FEEXU6I9M0ZF27 NINTENDO CO LTD N/A 521790.00000000 NS 22372829.77000000 3.030711875443 Long EC CORP JP N 2 N N N FORTINET INC 549300O0QJWDBAS0QX03 FORTINET INC 34959E109 509274.00000000 NS USD 27073005.84000000 3.667416287825 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY HOLDINGS PLC 635400RUXIFEZSRU8X70 SEAGATE TECHNOLOGY HOLDINGS PLC N/A 205070.00000000 NS USD 10862557.90000000 1.471484991557 Long EC CORP IE N 1 N N N CANON INC 529900JH1GSC035SSP77 CANON INC N/A 300747.00000000 NS 7029876.57000000 0.952294842567 Long EC CORP JP N 2 N N N SONY GROUP CORP 529900R5WX9N2OI2N910 SONY GROUP CORP N/A 934135.00000000 NS 77383906.22000000 10.48272954115 Long EC CORP JP N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 207333.39400000 NS USD 207374.86000000 0.028091817500 Long STIV RF US N 1 N N N PALO ALTO NETWORKS INC 549300QXR2YVZV231H43 PALO ALTO NETWORKS INC 697435105 243572.00000000 NS USD 41382882.80000000 5.605888733406 Long EC CORP US N 1 N N FUJIFILM HLDGS CORP 529900UBKMFM0ST6H474 FUJIFILM HOLDINGS CORP N/A 523745.00000000 NS 28173388.78000000 3.816478506511 Long EC CORP JP N 2 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 130699.00000000 NS USD 24655059.36000000 3.339871708688 Long EC CORP US N 1 N N N HP INC WHKXQACZ14C5XRO8LW03 HP INC 40434L105 396852.00000000 NS USD 11921434.08000000 1.614924540615 Long EC CORP US N 1 N N N EXTREME NETWORKS INC 549300WRECW11X94UB57 EXTREME NETWORKS INC 30226D106 424403.00000000 NS USD 8899730.91000000 1.205592695893 Long EC CORP US N 1 N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 MOTOROLA SOLUTIONS INC 620076307 135370.00000000 NS USD 36847714.00000000 4.991536857465 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 9312218.79300000 NS USD 9313150.01000000 1.261596079855 Long STIV RF US N 1 N N TD SYNNEX CORP 5493004HI6PFLF46NS53 TD SYNNEX CORP 87162W100 98711.00000000 NS USD 10098135.30000000 1.367933287303 Long EC CORP US N 1 N N N NETAPP INC QTX3D84DZDD5JYOCYH15 NETAPP INC 64110D104 227476.00000000 NS USD 15379652.36000000 2.083388446022 Long EC CORP US N 1 N N N NOKIA CORP 549300A0JPRWG1KI7U06 NOKIA OYJ N/A 2141053.00000000 NS 10548772.53000000 1.428978386135 Long EC CORP FI N 2 N N N COMMSCOPE HOLDING CO INC 254900AW4CEPCQWSRI58 COMMSCOPE HLDG CO INC 20337X109 390762.00000000 NS USD 3469966.56000000 0.470055373812 Long EC CORP US N 1 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 1766529.00000000 NS USD 87831821.88000000 11.89804545737 Long EC CORP US N 1 N N N ARISTA NETWORKS INC 635400H1WKBLOQERUU95 ARISTA NETWORKS INC 040413106 180476.00000000 NS USD 25140306.80000000 3.405605243250 Long EC CORP US N 1 N N N 2022-12-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_7_20221130.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Tech Hardware Portfolio
November 30, 2022
COM-NPRT3-0123
1.810671.118
Common Stocks - 99.3%
 
  
Shares
Value ($)
 
Communications Equipment - 27.9%
 
  
  
Communications Equipment - 27.9%
  
  
  
Arista Networks, Inc. (a)
  
180,476
25,140,307
Calix, Inc. (a)
  
74,398
5,304,577
Ciena Corp. (a)
  
112,002
5,035,610
Cisco Systems, Inc.
 
1,714,487
85,244,294
CommScope Holding Co., Inc. (a)
  
390,762
3,469,967
Ericsson (B Shares)
 
2,294,571
14,482,559
Extreme Networks, Inc. (a)
  
424,403
8,899,731
Infinera Corp. (a)(b)
  
422,475
2,851,706
Juniper Networks, Inc.
 
281,382
9,353,138
Motorola Solutions, Inc.
 
131,330
35,748,026
Nokia Corp.
 
2,141,053
10,548,773
 
  
  
206,078,688
Electronic Equipment & Components - 9.5%
 
  
  
Electronic Equipment & Instruments - 3.4%
  
  
  
Keysight Technologies, Inc. (a)
  
137,586
24,887,932
Technology Distributors - 6.1%
  
  
  
CDW Corp.
 
130,699
24,655,059
Insight Enterprises, Inc. (a)
  
97,192
10,099,221
TD SYNNEX Corp.
 
98,711
10,098,135
 
  
  
44,852,415
TOTAL ELECTRONIC EQUIPMENT & COMPONENTS
  
  
69,740,347
Entertainment - 3.0%
 
  
  
Interactive Home Entertainment - 3.0%
  
  
  
Nintendo Co. Ltd.
 
521,790
22,372,830
Household Durables - 11.3%
 
  
  
Consumer Electronics - 11.3%
  
  
  
Panasonic Holdings Corp.
 
601,738
5,618,829
Sony Group Corp.
 
934,135
77,383,906
 
  
  
83,002,735
IT Services - 0.6%
 
  
  
Internet Services & Infrastructure - 0.6%
  
  
  
Cloudflare, Inc. (a)
  
93,789
4,608,791
Software - 9.2%
 
  
  
Systems Software - 9.2%
  
  
  
Fortinet, Inc. (a)
  
509,274
27,073,006
Palo Alto Networks, Inc. (a)(b)
  
240,139
40,799,616
 
  
  
67,872,622
Technology Hardware, Storage & Peripherals - 37.8%
 
  
  
Technology Hardware, Storage & Peripherals - 37.8%
  
  
  
Apple, Inc.
 
499,082
73,879,108
Canon, Inc.
 
300,747
7,029,877
Dell Technologies, Inc.
 
461,040
20,649,982
FUJIFILM Holdings Corp.
 
523,745
28,173,389
HP, Inc.
 
396,852
11,921,434
NetApp, Inc.
 
227,476
15,379,652
Pure Storage, Inc. Class A (a)
  
388,019
11,326,275
Samsung Electronics Co. Ltd.
 
1,878,015
91,241,179
Seagate Technology Holdings PLC
 
205,070
10,862,558
Xiaomi Corp. Class B (a)(c)
  
6,507,553
8,817,469
 
  
  
279,280,923
 
TOTAL COMMON STOCKS
 (Cost $567,957,329)
  
  
  
732,956,936
 
  
  
  
Money Market Funds - 1.3%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 3.86% (d)
  
207,333
207,375
Fidelity Securities Lending Cash Central Fund 3.86% (d)(e)
  
9,315,280
9,316,212
 
TOTAL MONEY MARKET FUNDS
 (Cost $9,523,587)
  
  
9,523,587
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.6%
 (Cost $577,480,916)
 
  
 
742,480,523
NET OTHER ASSETS (LIABILITIES) - (0.6)%  
(4,534,065)
NET ASSETS - 100.0%
737,946,458
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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 $8,817,469 or 1.2% of net assets.
 
(d)
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.
 
(e)
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 3.86%
2,163,365
75,663,257
77,619,247
19,906
-
-
207,375
0.0%
Fidelity Securities Lending Cash Central Fund 3.86%
13,140,825
261,445,120
265,269,733
26,085
-
-
9,316,212
0.0%
Total
15,304,190
337,108,377
342,888,980
45,991
-
-
9,523,587
  
 
  
  
  
  
  
  
  
  
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 designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services 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 the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
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 service 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.