0001752724-23-163397.txt : 20230726 0001752724-23-163397.hdr.sgml : 20230726 20230726104828 ACCESSION NUMBER: 0001752724-23-163397 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: 231110982 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 2024-02-28 2023-05-31 N 797922339.45 4833131.27 793089208.18 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 SAMSUNG ELECTRONICS CO LTD 9884007ER46L6N7EI764 SAMSUNG ELECTRONICS CO LTD N/A 1743834.00000000 NS 94144053.78000000 11.87055035032 Long EC CORP KR N 1 N N N MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC N/A MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC 55405Y100 67723.00000000 NS USD 4051867.09000000 0.510896762710 Long EC CORP US N 1 N N N DELL TECHNOLOGIES INC 549300TJB5YBRUPOG437 DELL TECHNOLOGIES INC CL C 24703L202 580985.00000000 NS USD 26033937.85000000 3.282598928529 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 519384.00000000 NS USD 92060814.00000000 11.60787627047 Long EC CORP US N 1 N N N CALIX INC 5299002RQRZ4SXSCSJ58 CALIX NETWORKS INC 13100M509 27572.00000000 NS USD 1285130.92000000 0.162041155868 Long EC CORP US N 1 N N N INSIGHT ENTERPRISES INC 529900S8991TYW6YP792 INSIGHT ENTERPRISES INC 45765U103 115759.00000000 NS USD 15652931.98000000 1.973665990982 Long EC CORP US N 1 N N N KEYSIGHT TECHNOLOGIES INC 549300GLKVIO8YRCYN02 KEYSIGHT TECHNOLOGIES INC 49338L103 170282.00000000 NS USD 27551627.60000000 3.473963245979 Long EC CORP US N 1 N N N ERICSSON 549300W9JLPW15XIFM52 ERICSSON (LM) TELE CO CL B N/A 693765.00000000 NS 3587354.38000000 0.452326717221 Long EC CORP SE N 2 N N N CIENA CORP W0CZ7N0GH8UIGXDM1H41 CIENA CORP 171779309 237775.00000000 NS USD 11113603.50000000 1.401305601611 Long EC CORP US N 1 N N N XIAOMI CORP N/A XIAOMI CORP B N/A 6250577.00000000 NS 8253799.74000000 1.040715174897 Long EC CORP KY N 1 N N N MARVELL TECHNOLOGY INC N/A MARVELL TECHNOLOGY INC 573874104 36100.00000000 NS USD 2111489.00000000 0.266236001980 Long EC CORP US N 1 N N N PURE STORAGE INC 549300NPDB0BZTK3WO90 PURE STORAGE INC CL A 74624M102 598829.00000000 NS USD 17240286.91000000 2.173814336670 Long EC CORP US N 1 N N N INFINERA CORP 549300ZOF66WPV3H0H17 INFINERA CORP 45667G103 814923.00000000 NS USD 3993122.70000000 0.503489728370 Long EC CORP US N 1 N N JUNIPER NETWORKS INC AUHIXNGG7U2U7JEHM527 JUNIPER NETWORKS INC 48203R104 466773.00000000 NS USD 14175896.01000000 1.787427676960 Long EC CORP US N 1 N N N NUTANIX INC 549300X7J6E8TKVIXW09 NUTANIX INC CL A 67059N108 8650.00000000 NS USD 256213.00000000 0.032305697436 Long EC CORP US N 1 N N N NINTENDO CO LTD 353800FEEXU6I9M0ZF27 NINTENDO CO LTD N/A 384819.00000000 NS 16340951.92000000 2.060417888865 Long EC CORP JP N 2 N N N FORTINET INC 549300O0QJWDBAS0QX03 FORTINET INC 34959E109 232233.00000000 NS USD 15868480.89000000 2.000844385011 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY HOLDINGS PLC 635400RUXIFEZSRU8X70 SEAGATE TECHNOLOGY HOLDINGS PLC N/A 258800.00000000 NS USD 15553880.00000000 1.961176604040 Long EC CORP IE N 1 N N N TAIWAN SEMICONDUCTOR MFG CO LTD 549300KB6NK5SBD14S87 TAIWAN SEMICONDUCTOR MFG CO LTD N/A 1020940.00000000 NS 18482514.60000000 2.330445857713 Long EC CORP TW N 2 N N N SONY GROUP CORP 529900R5WX9N2OI2N910 SONY GROUP CORP N/A 1034179.00000000 NS 96985704.18000000 12.22885183402 Long EC CORP JP N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 7796756.22000000 NS USD 7798315.57000000 0.983283530978 Long STIV RF US N 1 N N N PALO ALTO NETWORKS INC 549300QXR2YVZV231H43 PALO ALTO NETWORKS INC 697435105 201963.00000000 NS USD 43096884.57000000 5.434052578889 Long EC CORP US N 1 N N N FUJIFILM HLDGS CORP 529900UBKMFM0ST6H474 FUJIFILM HOLDINGS CORP N/A 683200.00000000 NS 41842781.98000000 5.275923760962 Long EC CORP JP N 1 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 127536.00000000 NS USD 21896655.84000000 2.760932265141 Long EC CORP US N 1 N N N HP INC WHKXQACZ14C5XRO8LW03 HP INC 40434L105 392956.00000000 NS USD 11419301.36000000 1.439850806469 Long EC CORP US N 1 N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 MOTOROLA SOLUTIONS INC 620076307 131052.00000000 NS USD 36946179.84000000 4.658515014317 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 4277807.73800000 NS USD 4278235.52000000 0.539439381582 Long STIV RF US N 1 N N TD SYNNEX CORP 5493004HI6PFLF46NS53 TD SYNNEX CORP 87162W100 115116.00000000 NS USD 10289068.08000000 1.297340573276 Long EC CORP US N 1 N N N NETAPP INC QTX3D84DZDD5JYOCYH15 NETAPP INC 64110D104 21681.00000000 NS USD 1438534.35000000 0.181383674769 Long EC CORP US N 1 N N N NOKIA CORP 549300A0JPRWG1KI7U06 NOKIA OYJ N/A 1761897.00000000 NS 7127625.48000000 0.898716740372 Long EC CORP FI N 2 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 1754815.00000000 NS USD 87161661.05000000 10.99014589418 Long EC CORP US N 1 N N N ARISTA NETWORKS INC 635400H1WKBLOQERUU95 ARISTA NETWORKS INC 040413106 229730.00000000 NS USD 38213288.20000000 4.818283719645 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_7_20230531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Tech Hardware Portfolio
May 31, 2023
COM-NPRT1-0723
1.802161.119
Common Stocks - 98.8%
 
  
Shares
Value ($)
 
Communications Equipment - 25.9%
 
  
  
Communications Equipment - 25.9%
  
  
  
Arista Networks, Inc. (a)
  
229,730
38,213,288
Calix, Inc. (a)
  
27,572
1,285,131
Ciena Corp. (a)
  
237,775
11,113,604
Cisco Systems, Inc.
 
1,787,136
88,767,045
Ericsson (B Shares)
 
693,765
3,587,354
Infinera Corp. (a)(b)
  
814,923
3,993,123
Juniper Networks, Inc.
 
466,773
14,175,896
Motorola Solutions, Inc.
 
131,052
36,946,180
Nokia Corp.
 
1,761,897
7,127,625
 
  
  
205,209,246
Electronic Equipment, Instruments & Components - 9.7%
 
  
  
Electronic Equipment & Instruments - 3.7%
  
  
  
Keysight Technologies, Inc. (a)
  
180,140
29,146,652
Technology Distributors - 6.0%
  
  
  
CDW Corp.
 
127,536
21,896,656
Insight Enterprises, Inc. (a)
  
115,759
15,652,932
TD SYNNEX Corp.
 
115,116
10,289,068
 
  
  
47,838,656
TOTAL ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS
  
  
76,985,308
Entertainment - 2.1%
 
  
  
Interactive Home Entertainment - 2.1%
  
  
  
Nintendo Co. Ltd.
 
384,819
16,340,952
Household Durables - 11.8%
 
  
  
Consumer Electronics - 11.8%
  
  
  
Sony Group Corp.
 
1,000,559
93,832,808
Semiconductors & Semiconductor Equipment - 3.5%
 
  
  
Semiconductors - 3.5%
  
  
  
MACOM Technology Solutions Holdings, Inc. (a)
  
67,723
4,051,867
Marvell Technology, Inc.
 
73,529
4,300,711
Taiwan Semiconductor Manufacturing Co. Ltd.
 
1,085,799
19,656,685
 
  
  
28,009,263
Software - 7.0%
 
  
  
Application Software - 0.1%
  
  
  
Nutanix, Inc. Class A (a)
  
8,650
256,213
Systems Software - 6.9%
  
  
  
Fortinet, Inc. (a)
  
232,233
15,868,481
Palo Alto Networks, Inc. (a)
  
183,143
39,080,885
 
  
  
54,949,366
TOTAL SOFTWARE
  
  
55,205,579
Technology Hardware, Storage & Peripherals - 38.8%
 
  
  
Technology Hardware, Storage & Peripherals - 38.8%
  
  
  
Apple, Inc.
 
492,318
87,263,366
Dell Technologies, Inc.
 
606,338
27,170,006
FUJIFILM Holdings Corp.
 
650,336
39,830,017
Hewlett Packard Enterprise Co.
 
111,051
1,601,355
HP, Inc.
 
392,956
11,419,301
NetApp, Inc.
 
21,681
1,438,534
Pure Storage, Inc. Class A (a)
  
598,829
17,240,287
Samsung Electronics Co. Ltd.
 
1,817,060
98,097,292
Seagate Technology Holdings PLC
 
258,800
15,553,880
Xiaomi Corp. Class B (a)(c)
  
6,250,577
8,253,800
 
  
  
307,867,838
 
TOTAL COMMON STOCKS
 (Cost $562,873,180)
  
  
  
783,450,994
 
  
  
  
Money Market Funds - 1.5%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.14% (d)
  
7,796,756
7,798,316
Fidelity Securities Lending Cash Central Fund 5.14% (d)(e)
  
4,424,869
4,425,311
 
TOTAL MONEY MARKET FUNDS
 (Cost $12,223,627)
  
  
12,223,627
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $575,096,807)
 
  
 
795,674,621
NET OTHER ASSETS (LIABILITIES) - (0.3)%  
(2,755,180)
NET ASSETS - 100.0%
792,919,441
 
  
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 $8,253,800 or 1.0% 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 5.14%
1,157,038
36,066,232
29,424,954
41,552
-
-
7,798,316
0.0%
Fidelity Securities Lending Cash Central Fund 5.14%
7,106,258
32,611,349
35,292,296
3,775
-
-
4,425,311
0.0%
Total
8,263,296
68,677,581
64,717,250
45,327
-
-
12,223,627
  
 
  
  
  
  
  
  
  
  
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.
 
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.