0001752724-23-163388.txt : 20230726 0001752724-23-163388.hdr.sgml : 20230726 20230726104705 ACCESSION NUMBER: 0001752724-23-163388 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230531 FILED AS OF DATE: 20230726 DATE AS OF CHANGE: 20230726 PERIOD START: 20240228 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: 231110964 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 S000007455 Industrials Portfolio C000020429 Industrials Portfolio FCYIX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007455 C000020429 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Industrials Portfolio S000007455 GDEDTBH56H8Z88UZKN34 2024-02-28 2023-05-31 N 425827405.27 4851226.61 420976178.66 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 0.00000000 N OLD DOMINION FREIGHT LINES INC 5299009TWK32WE417T96 OLD DOMINION FREIGHT LINES INC 679580100 64823.00000000 NS USD 20123652.12000000 4.780235352996 Long EC CORP US N 1 N N N CH ROBINSON WORLDWIDE INC 529900WNWN5L0OVDHA79 CH ROBINSON WORLDWIDE INC 12541W209 85900.00000000 NS USD 8120986.00000000 1.929084449825 Long EC CORP US N 1 N N ACUITY BRANDS INC N/A ACUITY BRANDS INC 00508Y102 7000.00000000 NS USD 1054830.00000000 0.250567621986 Long EC CORP US N 1 N N N MUELLER WTR PRODS INC 549300F7ZU4P1F8V8L60 MUELLER WATER PRODUCTS INC A 624758108 59000.00000000 NS USD 808300.00000000 0.192006113641 Long EC CORP US N 1 N N N HONEYWELL INTERNATIONAL INC ISRPG12PN4EIEOEMW547 HONEYWELL INTL INC 438516106 77598.00000000 NS USD 14867776.80000000 3.531738267786 Long EC CORP US N 1 N N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 108100.00000000 NS USD 30717696.00000000 7.296777717394 Long EC CORP US N 1 N N N WERNER ENTERPRISES INC 549300P6XRGOCHHJST37 WERNER ENTERPRISES INC 950755108 425800.00000000 NS USD 18701136.00000000 4.442326418451 Long EC CORP US N 1 N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 REGAL REXNORD CORP 758750103 3770.00000000 NS USD 489685.30000000 0.116321379883 Long EC CORP US N 1 N N N ARCBEST CORP 5493006S3KBNE8ZS3J23 ARCBEST CORP 03937C105 128400.00000000 NS USD 10757352.00000000 2.555335086712 Long EC CORP US N 1 N N HEICO CORP NEW 529900O1DTDLCJ7L0I14 HEICO CORP 422806109 54300.00000000 NS USD 8393694.00000000 1.993864362282 Long EC CORP US N 1 N N N MIDDLEBY CORP JDFO86U9VQRBKW5KYA35 MIDDLEBY CORP 596278101 85000.00000000 NS USD 11220000.00000000 2.665233941671 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 193900.00000000 NS USD 10986374.00000000 2.609737689902 Long EC CORP US N 1 N N N RBC BEARINGS INC N/A RBC BEARINGS INC 75524B104 34000.00000000 NS USD 6741860.00000000 1.601482540285 Long EC CORP US N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 PARKER HANNIFIN CORP 701094104 3600.00000000 NS USD 1153584.00000000 0.274025956450 Long EC CORP US N 1 N N N ROPER TECHNOLOGIES INC 549300LJXD867XMVE759 ROPER TECHNOLOGIES INC 776696106 25200.00000000 NS USD 11446344.00000000 2.719000404354 Long EC CORP US N 1 N N N FORTIVE CORP 549300MU9YQJYHDQEF63 FORTIVE CORP 34959J108 510600.00000000 NS USD 33245166.00000000 7.897160857372 Long EC CORP US N 1 N N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 361100.00000000 NS USD 19856889.00000000 4.716867605954 Long EC CORP US N 1 N N N HEICO CORP NEW 529900O1DTDLCJ7L0I14 HEICO CORP CL A 422806208 35300.00000000 NS USD 4301305.00000000 1.021745461629 Long EC CORP US N 1 N N N TRANSDIGM GROUP INC N/A TRANSDIGM GROUP INC 893641100 32637.00000000 NS USD 25249615.05000000 5.997872642193 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604301 188200.00000000 NS USD 19107946.00000000 4.538961340003 Long EC CORP US N 1 N N N NVENT ELECTRIC PLC N/A NVENT ELECTRIC PLC N/A 169752.00000000 NS USD 7363841.76000000 1.749230035637 Long EC CORP IE N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 1380279.13500000 NS USD 1380555.19000000 0.327941403809 Long STIV RF US N 1 N N N HEXCEL CORPORATION S6Q7LW43WUBUHXY2QP69 HEXCEL CORPORATION 428291108 24100.00000000 NS USD 1662659.00000000 0.394953226401 Long EC CORP US N 1 N N N TETRA TECH INC NEW 549300UJ1LP7JGJC5P32 TETRA TECH INC 88162G103 800.00000000 NS USD 109976.00000000 0.026124043491 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 126760.00000000 NS USD 26074532.00000000 6.193825998182 Long EC CORP US N 1 N N N CRANE CO 5493000CQRQOTHUODL75 CRANE CO 224408104 29511.00000000 NS USD 2144269.26000000 0.509356435992 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 57000.00000000 NS USD 9519000.00000000 2.261173074044 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 303100.00000000 NS USD 12957525.00000000 3.077971072198 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 108800.00000000 NS USD 23716224.00000000 5.633626129509 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 4467503.25200000 NS USD 4467950.00000000 1.061330836871 Long STIV RF US N 1 N N PENTAIR PLC 549300EVR9D56WPSRP15 PENTAIR PLC N/A 343900.00000000 NS USD 19076133.00000000 4.531404380343 Long EC CORP IE N 1 N N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 225400.00000000 NS USD 9710232.00000000 2.306598922273 Long EC CORP US N 1 N N N XPO INC 54930096DB9LCLPN7H13 XPO INC 983793100 207600.00000000 NS USD 9742668.00000000 2.314303871304 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 168820.00000000 NS USD 24490717.40000000 5.817601717502 Long EC CORP US N 1 N N N FLOWSERVE CORP 6Y0GK87T6V7NJKZJVM41 FLOWSERVE CORP 34354P105 52200.00000000 NS USD 1699110.00000000 0.403611911108 Long EC CORP US N 1 N N N HUNT (JB) TRANSPORT SERVICES 549300XCD1MPI1C5GK90 HUNT J B TRANSPORT SERVICES IN 445658107 11252.00000000 NS USD 1878746.44000000 0.446283313697 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 320000.00000000 NS USD 12137600.00000000 2.883203519646 Long EC CORP US N 1 N N N 2023-06-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_515_20230531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Industrials Portfolio
May 31, 2023
CYC-NPRT1-0723
1.802164.119
Common Stocks - 99.7%
 
  
Shares
Value ($)
 
Aerospace & Defense - 18.7%
 
  
  
Aerospace & Defense - 18.7%
  
  
  
HEICO Corp.
 
54,300
8,393,694
HEICO Corp. Class A
 
35,300
4,301,305
Hexcel Corp.
 
24,100
1,662,659
Howmet Aerospace, Inc.
 
303,100
12,957,525
The Boeing Co. (a)
  
126,760
26,074,532
TransDigm Group, Inc.
 
32,637
25,249,615
 
  
  
78,639,330
Air Freight & Logistics - 9.8%
 
  
  
Air Freight & Logistics - 9.8%
  
  
  
C.H. Robinson Worldwide, Inc. (b)
  
85,900
8,120,986
FedEx Corp.
 
108,800
23,716,224
United Parcel Service, Inc. Class B
 
57,000
9,519,000
 
  
  
41,356,210
Commercial Services & Supplies - 0.0%
 
  
  
Environmental & Facilities Services - 0.0%
  
  
  
Tetra Tech, Inc.
 
800
109,976
Construction & Engineering - 2.3%
 
  
  
Construction & Engineering - 2.3%
  
  
  
Willscot Mobile Mini Holdings (a)
  
225,400
9,710,232
Electrical Equipment - 7.9%
 
  
  
Electrical Components & Equipment - 7.9%
  
  
  
Acuity Brands, Inc.
 
7,000
1,054,830
AMETEK, Inc.
 
168,820
24,490,717
nVent Electric PLC
 
169,752
7,363,842
Regal Rexnord Corp.
 
3,770
489,685
 
  
  
33,399,074
Ground Transportation - 29.5%
 
  
  
Cargo Ground Transportation - 26.6%
  
  
  
ArcBest Corp. (b)
  
128,400
10,757,352
J.B. Hunt Transport Services, Inc.
 
11,252
1,878,746
Knight-Swift Transportation Holdings, Inc. Class A
 
361,100
19,856,889
Old Dominion Freight Lines, Inc.
 
64,823
20,123,652
Saia, Inc. (a)
  
108,100
30,717,696
Werner Enterprises, Inc. (b)
  
425,800
18,701,136
XPO, Inc. (a)
  
207,600
9,742,668
 
  
  
111,778,139
Passenger Ground Transportation - 2.9%
  
  
  
Uber Technologies, Inc. (a)
  
320,000
12,137,600
TOTAL GROUND TRANSPORTATION
  
  
123,915,739
Industrial Conglomerates - 8.1%
 
  
  
Industrial Conglomerates - 8.1%
  
  
  
General Electric Co.
 
188,200
19,107,946
Honeywell International, Inc.
 
77,598
14,867,777
 
  
  
33,975,723
Machinery - 20.7%
 
  
  
Industrial Machinery & Supplies & Components - 20.7%
  
  
  
Crane Co.
 
29,511
2,144,269
Flowserve Corp.
 
52,200
1,699,110
Fortive Corp.
 
510,600
33,245,167
Ingersoll Rand, Inc.
 
193,900
10,986,374
Middleby Corp. (a)
  
85,000
11,220,000
Mueller Water Products, Inc. Class A
 
59,000
808,300
Parker Hannifin Corp.
 
3,600
1,153,584
Pentair PLC
 
343,900
19,076,133
RBC Bearings, Inc. (a)
  
34,000
6,741,860
 
  
  
87,074,797
Software - 2.7%
 
  
  
Application Software - 2.7%
  
  
  
Roper Technologies, Inc.
 
25,200
11,446,344
 
TOTAL COMMON STOCKS
 (Cost $381,669,987)
  
  
  
419,627,425
 
  
  
  
Money Market Funds - 1.4%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.14% (c)
  
1,380,279
1,380,555
Fidelity Securities Lending Cash Central Fund 5.14% (c)(d)
  
4,505,399
4,505,850
 
TOTAL MONEY MARKET FUNDS
 (Cost $5,886,405)
  
  
5,886,405
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.1%
 (Cost $387,556,392)
 
  
 
425,513,830
NET OTHER ASSETS (LIABILITIES) - (1.1)%  
(4,747,266)
NET ASSETS - 100.0%
420,766,564
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(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 5.14%
-
44,476,960
43,096,405
56,895
-
-
1,380,555
0.0%
Fidelity Securities Lending Cash Central Fund 5.14%
4,537,200
16,643,231
16,674,581
837
-
-
4,505,850
0.0%
Total
4,537,200
61,120,191
59,770,986
57,732
-
-
5,886,405
  
 
  
  
  
  
  
  
  
  
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
Amounts in the dividend income column 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.
 
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