Common Stocks - 99.8%
|
|||
Shares
|
Value ($)
|
||
Banks - 0.5%
|
|||
Diversified Banks - 0.5%
|
|||
Wells Fargo & Co.
|
77,000
|
3,065,370
|
|
Capital Markets - 96.0%
|
|||
Asset Management & Custody Banks - 40.9%
|
|||
Affiliated Managers Group, Inc.
|
39,100
|
5,438,419
|
|
Ameriprise Financial, Inc.
|
132,600
|
39,577,122
|
|
Ares Management Corp.
|
317,000
|
27,607,530
|
|
Artisan Partners Asset Management, Inc.
|
37,800
|
1,209,600
|
|
Avantax, Inc. (a)
|
17,500
|
370,300
|
|
Bank of New York Mellon Corp.
|
671,700
|
27,002,340
|
|
BlackRock, Inc. Class A
|
59,800
|
39,321,490
|
|
Blackstone, Inc. (b)
|
211,200
|
18,087,168
|
|
Blue Owl Capital, Inc. Class A (b)
|
759,200
|
7,781,800
|
|
Bridge Investment Group Holdings, Inc.
|
88,300
|
860,042
|
|
Carlyle Group LP (b)
|
353,200
|
9,681,212
|
|
Cohen & Steers, Inc.
|
17,428
|
948,257
|
|
Focus Financial Partners, Inc. Class A (a)
|
8,600
|
447,974
|
|
Franklin Resources, Inc. (b)
|
259,100
|
6,220,991
|
|
Invesco Ltd.
|
333,700
|
4,798,606
|
|
Janus Henderson Group PLC
|
124,900
|
3,282,372
|
|
KKR & Co. LP (b)
|
569,500
|
29,323,555
|
|
Northern Trust Corp.
|
98,100
|
7,055,352
|
|
P10, Inc.
|
135,100
|
1,436,113
|
|
Patria Investments Ltd.
|
403,472
|
5,951,212
|
|
Petershill Partners PLC (c)
|
674,000
|
1,224,097
|
|
State Street Corp.
|
288,000
|
19,589,760
|
|
T. Rowe Price Group, Inc. (b)
|
140,100
|
15,013,116
|
|
Virtus Investment Partners, Inc.
|
30,700
|
5,856,946
|
|
278,085,374
|
|||
Financial Exchanges & Data - 30.0%
|
|||
Cboe Global Markets, Inc.
|
84,938
|
11,247,490
|
|
CME Group, Inc.
|
127,600
|
22,808,500
|
|
Coinbase Global, Inc. (a)(b)
|
91,900
|
5,716,180
|
|
FactSet Research Systems, Inc.
|
2,800
|
1,077,692
|
|
Intercontinental Exchange, Inc.
|
358,300
|
37,961,885
|
|
MarketAxess Holdings, Inc.
|
22,300
|
6,074,743
|
|
Moody's Corp.
|
69,400
|
21,991,472
|
|
MSCI, Inc.
|
50,400
|
23,714,712
|
|
NASDAQ, Inc.
|
436,100
|
24,138,135
|
|
Open Lending Corp. (a)
|
189,100
|
1,917,474
|
|
S&P Global, Inc.
|
113,300
|
41,629,819
|
|
Tradeweb Markets, Inc. Class A
|
84,000
|
5,623,800
|
|
203,901,902
|
|||
Investment Banking & Brokerage - 25.1%
|
|||
BGC Partners, Inc. Class A
|
364,000
|
1,481,480
|
|
Charles Schwab Corp.
|
577,061
|
30,405,344
|
|
Goldman Sachs Group, Inc.
|
76,500
|
24,778,350
|
|
Interactive Brokers Group, Inc.
|
90,500
|
6,989,315
|
|
Jefferies Financial Group, Inc.
|
40,500
|
1,217,835
|
|
LPL Financial
|
151,000
|
29,411,780
|
|
Moelis & Co. Class A (b)
|
75,000
|
2,840,250
|
|
Morgan Stanley
|
454,216
|
37,136,700
|
|
Piper Jaffray Companies
|
4,400
|
560,428
|
|
PJT Partners, Inc. (b)
|
139,112
|
9,376,149
|
|
Raymond James Financial, Inc.
|
211,000
|
19,063,850
|
|
Robinhood Markets, Inc. (a)(b)
|
319,400
|
2,849,048
|
|
Virtu Financial, Inc. Class A
|
263,000
|
4,626,170
|
|
170,736,699
|
|||
TOTAL CAPITAL MARKETS
|
652,723,975
|
||
Financial Services - 3.3%
|
|||
Diversified Financial Services - 3.1%
|
|||
Apollo Global Management, Inc.
|
312,300
|
20,877,255
|
|
Transaction & Payment Processing Services - 0.2%
|
|||
PayPal Holdings, Inc. (a)
|
21,400
|
1,326,586
|
|
TOTAL FINANCIAL SERVICES
|
22,203,841
|
||
TOTAL COMMON STOCKS
(Cost $538,332,446)
|
677,993,186
|
||
Money Market Funds - 6.1%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 5.14% (d)
|
746
|
747
|
|
Fidelity Securities Lending Cash Central Fund 5.14% (d)(e)
|
41,486,765
|
41,490,914
|
|
TOTAL MONEY MARKET FUNDS
(Cost $41,491,661)
|
41,491,661
|
||
TOTAL INVESTMENT IN SECURITIES - 105.9%
(Cost $579,824,107)
|
719,484,847
|
NET OTHER ASSETS (LIABILITIES) - (5.9)%
|
(39,866,443)
|
NET ASSETS - 100.0%
|
679,618,404
|
(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 $1,224,097 or 0.2% of net assets.
|
(d)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(e)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
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 5.14%
|
16,326,467
|
26,989,931
|
43,315,651
|
63,328
|
-
|
-
|
747
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 5.14%
|
38,919,225
|
144,855,618
|
142,283,929
|
36,901
|
-
|
-
|
41,490,914
|
0.1%
|
Total
|
55,245,692
|
171,845,549
|
185,599,580
|
100,229
|
-
|
-
|
41,491,661
|
|