0001752724-23-163408.txt : 20230726 0001752724-23-163408.hdr.sgml : 20230726 20230726104831 ACCESSION NUMBER: 0001752724-23-163408 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: 231110993 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 S000007487 Transportation Portfolio C000020461 Transportation Portfolio FSRFX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007487 C000020461 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Transportation Portfolio S000007487 DAALOIQFCM0FUGVSOE31 2024-02-28 2023-05-31 N 547121166.58 5842303.72 541278862.86 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 27.88000000 N UNITED AIRLINES HOLDINGS INC 98450079DA0B78DD6764 UNITED AIRLINES HOLDINGS INC 910047109 51879.00000000 NS USD 2462436.74000000 0.454929410505 Long EC CORP US N 1 N N N ALASKA AIR GROUP INC 529900G48RT4KWLC6C27 ALASKA AIR GROUP INC 011659109 396100.00000000 NS USD 17796773.00000000 3.287912058114 Long EC CORP US N 1 N N N HAFNIA LTD 5493001KCFT0SCGJ2647 HAFNIA LTD N/A 1974347.00000000 NS 9337959.45000000 1.725166100272 Long EC CORP BM N 1 N N N CSX CORP 549300JVQR4N1MMP3Q88 CSX CORP 126408103 1417701.00000000 NS USD 43480889.67000000 8.032992354487 Long EC CORP US N 1 N N N FORWARD AIR CORP N/A FORWARD AIR CORP 349853101 37500.00000000 NS USD 3647625.00000000 0.673890160928 Long EC CORP US N 1 N N N COPA HOLDINGS SA 529900BB9UQJV6QQHA59 COPA HOLDINGS SA CL A N/A 201100.00000000 NS USD 21127566.00000000 3.903268250374 Long EC CORP PA N 1 N N N TFI INTERNATIONAL INC 5493007R9W7KO7SJN678 TFI INTERNATIONAL INC 87241L109 38377.00000000 NS USD 4040330.56000000 0.746441591798 Long EC CORP CA N 1 N N N CH ROBINSON WORLDWIDE INC 529900WNWN5L0OVDHA79 CH ROBINSON WORLDWIDE INC 12541W209 93196.00000000 NS USD 8810749.84000000 1.627765361729 Long EC CORP US N 1 N N N EXPEDITORS INTERNATIONAL OF WASHINGTON INC 984500B055A804AB6E40 EXPEDITORS INTL OF WASH INC 302130109 109138.00000000 NS USD 12039012.78000000 2.224179365953 Long EC CORP US N 1 N N N ARDMORE SHIPPING CORP 549300J8HD7K6BHD8O28 ARDMORE SHIPPING CORP N/A 119700.00000000 NS USD 1401687.00000000 0.258958384702 Long EC CORP MH N 1 N N N AZUL SA 549300Z0MWZ57Q9RR205 AZUL SA N/A 2155000.00000000 NS 7157422.19000000 1.322316957322 Long EC CORP BR N 1 N N N LYFT INC 549300H7I5VN334XVZ52 LYFT INC 55087P104 272000.00000000 NS USD 2453440.00000000 0.453267283898 Long EC CORP US N 1 N N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 10374.00000000 NS USD 2947875.84000000 0.544613145324 Long EC CORP US N 1 N N ARCBEST CORP 5493006S3KBNE8ZS3J23 ARCBEST CORP 03937C105 25000.00000000 NS USD 2094500.00000000 0.386953961019 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP 907818108 437237.00000000 NS USD 84176867.24000000 15.55147873228 Long EC CORP US N 1 N N N RYANAIR HOLDINGS PLC 635400BR2ROC1FVEBQ56 RYANAIR HOLDINGS PLC SPON ADR 783513203 1900.00000000 NS USD 199652.00000000 0.036885238589 Long EC CORP IE N 1 N N N INTERNATIONAL SEAWAYS INC 549300YUFDGFRNGBWF46 INTERNATIONAL SEAWAYS INC N/A 181000.00000000 NS USD 6525050.00000000 1.205487678850 Long EC CORP MH N 1 N N N CANADA JETLINES OPERATIONS LTD N/A CANADA JETLINES OPERATIONS LTD 13527D108 1250.00000000 NS 170.35000000 0.000031471762 Long EC CORP CA N 1 N N N TFI INTERNATIONAL INC 5493007R9W7KO7SJN678 TFI INTERNATIONAL INC 87241L109 27700.00000000 NS 2917937.38000000 0.539082085079 Long EC CORP CA N 1 N N N U-HAUL HOLDING CO 5493003WIDMLDHYC6Y24 U-HAUL HOLDING CO 023586506 76621.00000000 NS USD 3546786.09000000 0.655260408887 Long EC CORP US N 1 N N N ALLEGIANT TRAVEL CO 549300JM9OZXOHWL2K18 ALLEGIANT TRAVEL CO 01748X102 16200.00000000 NS USD 1579338.00000000 0.291778990159 Long EC CORP US N 1 N N N COOL COMPANY LTD 549300AQHDVKVCNIU608 COOL COMPANY LTD N/A 223460.00000000 NS 2709655.32000000 0.500602463152 Long EC CORP BM N 1 N N N VALARIS LTD N/A VALARIS LTD N/A 15000.00000000 NS USD 865950.00000000 0.159982230864 Long EC CORP BM N 1 N N N DHT HOLDINGS INC 549300SMD6IVZYT74K40 DHT HOLDINGS INC N/A 380000.00000000 NS USD 2922200.00000000 0.539869594123 Long EC CORP MH N 1 N N N EAGLE BULK SHIPPING INC 549300EC4INNZBWR8W37 EAGLE BULK SHIPPING INC N/A 63930.00000000 NS USD 2511170.40000000 0.463932839854 Long EC CORP MH N 1 N N AIR TRANSPORT SERVICES GROUP INC 5493000F3MSFGIXTQE27 AIR TRANSPORT SERVICES GROUP 00922R105 1504623.00000000 NS USD 25127204.10000000 4.642192005657 Long EC CORP US N 1 N N N RYDER SYSTEM INC ZXJ6Y2OSPZXIVGRILD15 RYDER SYSTEM INC 783549108 63907.00000000 NS USD 5037788.81000000 0.930719663313 Long EC CORP US N 1 N N N SUN COUNTRY AIRLINES HOLDINGS INC 549300MOHOJN9GH0NJ48 SUN COUNTRY AIRLINES HOLDINGS INC 866683105 437610.00000000 NS USD 8227068.00000000 1.519931511186 Long EC CORP US N 1 N N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 99900.00000000 NS USD 5493501.00000000 1.014911421254 Long EC CORP US N 1 N N N FRONTIER GROUP HOLDINGS INC 549300DT3Y2BHO6G7T02 FRONTIER GROUP HOLDINGS INC 35909R108 315299.00000000 NS USD 2594910.77000000 0.479403676746 Long EC CORP US N 1 N N N HUB GROUP INC N/A HUB GROUP INC CL A 443320106 21349.00000000 NS USD 1570432.44000000 0.290133708843 Long EC CORP US N 1 N N N GXO LOGISTICS INC 5493007CNWMXN78JRN66 GXO LOGISTICS INC 36262G101 21522.00000000 NS USD 1203510.24000000 0.222345693242 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 9214771.20100000 NS USD 9216614.16000000 1.702747842637 Long STIV RF US N 1 N N N NOBLE CORP PLC 549300I3HBUNXO0OG954 NOBLE CORP PLC N/A 163900.00000000 NS USD 6185586.00000000 1.142772501279 Long EC CORP GB N 1 N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 529841.00000000 NS USD 88483447.00000000 16.34710923912 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 136491.00000000 NS USD 29752308.18000000 5.496669133317 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 5397960.22800000 NS USD 5398500.02000000 0.997360213084 Long STIV RF US N 1 N N NORFOLK SOUTHERN CORP 54930036C8MWP850MI84 NORFOLK SOUTHERN CORP 655844108 54036.00000000 NS USD 11249214.48000000 2.078265983002 Long EC CORP US N 1 N N N DELTA AIRLINES INC Q2CCMS6R0AS67HJMBN42 DELTA AIR INC 247361702 462161.00000000 NS USD 16790309.13000000 3.101970219432 Long EC CORP US N 1 N N N SCORPIO TANKERS INC 549300NVJUH16NXG8K87 SCORPIO TANKERS INC N/A 469300.00000000 NS USD 21479861.00000000 3.968353925092 Long EC CORP MH N 1 N N N HERTZ GLOBAL HOLDINGS INC 549300NBK3K85MH1EX16 HERTZ GLOBAL HOLDINGS INC 42806J700 81700.00000000 NS USD 1281056.00000000 0.236672090469 Long EC CORP US N 1 N N KIRBY CORP I7NO6FZO5GUCG585T325 KIRBY CORP 497266106 349285.00000000 NS USD 24994834.60000000 4.617737051089 Long EC CORP US N 1 N N FRONTLINE PLC 5493004BCIKYU1YL3H63 FRONTLINE PLC N/A 198000.00000000 NS USD 2797740.00000000 0.516875901123 Long EC CORP CY N 1 N N N RXO INC N/A RXO INC 74982T103 9622.00000000 NS USD 200811.14000000 0.037099386984 Long EC CORP US N 1 N N N MATSON INC 549300OI5H3Y0I9I4I12 MATSON INC 57686G105 37795.00000000 NS USD 2582532.35000000 0.477116792692 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 711104.00000000 NS USD 26972174.72000000 4.983045999151 Long EC CORP US N 1 N N N SPIRIT AIRLINES INC 549300DCAFIXFNFR3304 SPIRIT AIRLINES INC 848577102 72200.00000000 NS USD 1098162.00000000 0.202882853063 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_512_20230531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Transportation Portfolio
May 31, 2023
TRN-NPRT1-0723
1.802192.119
Common Stocks - 96.7%
 
  
Shares
Value ($)
 
Air Freight & Logistics - 28.3%
 
  
  
Air Freight & Logistics - 28.3%
  
  
  
Air Transport Services Group, Inc. (a)
  
1,512,813
25,263,977
C.H. Robinson Worldwide, Inc.
 
91,851
8,683,594
Expeditors International of Washington, Inc.
 
110,461
12,184,953
FedEx Corp.
 
117,799
25,677,826
Forward Air Corp.
 
36,384
3,539,072
GXO Logistics, Inc. (a)
  
40,013
2,237,527
Hub Group, Inc. Class A (a)
  
21,349
1,570,432
United Parcel Service, Inc. Class B
 
442,347
73,871,950
 
  
  
153,029,331
Energy Equipment & Services - 1.3%
 
  
  
Oil & Gas Drilling - 1.3%
  
  
  
Noble Corp. PLC (a)
  
168,866
6,373,003
Valaris Ltd. (a)
  
15,000
865,950
 
  
  
7,238,953
Ground Transportation - 36.4%
 
  
  
Cargo Ground Transportation - 5.4%
  
  
  
ArcBest Corp.
 
25,000
2,094,500
Knight-Swift Transportation Holdings, Inc. Class A
 
97,935
5,385,446
RXO, Inc. (a)
  
52,139
1,088,141
Ryder System, Inc.
 
69,122
5,448,887
Saia, Inc. (a)(b)
  
17,487
4,969,106
TFI International, Inc.
 
21,448
2,258,045
TFI International, Inc. (Canada)
 
27,700
2,917,937
U-Haul Holding Co. (non-vtg.)
 
111,208
5,147,818
 
  
  
29,309,880
Passenger Ground Transportation - 8.5%
  
  
  
Hertz Global Holdings, Inc. (a)(b)
  
81,700
1,281,056
Lyft, Inc. (a)
  
272,000
2,453,440
Uber Technologies, Inc. (a)
  
1,117,932
42,403,161
 
  
  
46,137,657
Rail Transportation - 22.5%
  
  
  
CSX Corp.
 
1,061,197
32,546,912
Norfolk Southern Corp.
 
74,353
15,478,808
Union Pacific Corp.
 
383,204
73,774,434
 
  
  
121,800,154
TOTAL GROUND TRANSPORTATION
  
  
197,247,691
Marine Transportation - 5.7%
 
  
  
Marine Transportation - 5.7%
  
  
  
Eagle Bulk Shipping, Inc. (b)
  
61,250
2,405,900
Genco Shipping & Trading Ltd.
 
29,543
366,629
Kirby Corp. (a)(b)
  
354,488
25,367,161
Matson, Inc.
 
37,795
2,582,532
 
  
  
30,722,222
Oil, Gas & Consumable Fuels - 8.9%
 
  
  
Oil & Gas Storage & Transportation - 8.9%
  
  
  
Ardmore Shipping Corp.
 
128,805
1,508,307
Cool Co. Ltd.
 
223,460
2,709,655
DHT Holdings, Inc.
 
393,892
3,029,029
Frontline PLC (NY Shares)
 
206,422
2,916,743
Hafnia Ltd.
 
1,974,347
9,337,959
International Seaways, Inc.
 
184,458
6,649,711
Scorpio Tankers, Inc.
 
482,596
22,088,419
 
  
  
48,239,823
Passenger Airlines - 16.1%
 
  
  
Passenger Airlines - 16.1%
  
  
  
Alaska Air Group, Inc. (a)
  
405,242
18,207,523
Allegiant Travel Co. (a)
  
16,200
1,579,338
Canada Jetlines Ltd. (a)
  
1,250
170
Copa Holdings SA Class A
 
202,131
21,235,883
Delta Air Lines, Inc. (a)
  
610,116
22,165,514
Frontier Group Holdings, Inc. (a)
  
302,311
2,488,020
Joby Aviation, Inc. (a)
  
286,800
1,611,816
Ryanair Holdings PLC sponsored ADR (a)
  
2,800
294,224
SkyWest, Inc. (a)
  
57,277
1,713,155
Southwest Airlines Co.
 
194,035
5,795,825
Spirit Airlines, Inc.
 
72,200
1,098,162
Sun Country Airlines Holdings, Inc. (a)
  
446,156
8,387,733
United Airlines Holdings, Inc. (a)
  
49,599
2,354,217
 
  
  
86,931,580
 
TOTAL COMMON STOCKS
 (Cost $386,475,752)
  
  
  
523,409,600
 
  
  
  
Nonconvertible Preferred Stocks - 1.3%
 
  
Shares
Value ($)
 
Passenger Airlines - 1.3%
 
  
  
Passenger Airlines - 1.3%
  
  
  
Azul SA (a)
 
  (Cost $5,386,064)
 
  
2,115,200
7,025,234
 
  
  
  
Money Market Funds - 2.5%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.14% (c)
  
9,214,771
9,216,614
Fidelity Securities Lending Cash Central Fund 5.14% (c)(d)
  
4,678,832
4,679,300
 
TOTAL MONEY MARKET FUNDS
 (Cost $13,895,914)
  
  
13,895,914
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.5%
 (Cost $405,757,730)
 
  
 
544,330,748
NET OTHER ASSETS (LIABILITIES) - (0.5)%  
(2,950,036)
NET ASSETS - 100.0%
541,380,712
 
  
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%
7,755,607
31,233,171
29,772,164
113,106
-
-
9,216,614
0.0%
Fidelity Securities Lending Cash Central Fund 5.14%
21,906,175
58,414,185
75,641,060
5,545
-
-
4,679,300
0.0%
Total
29,661,782
89,647,356
105,413,224
118,651
-
-
13,895,914
  
 
  
  
  
  
  
  
  
  
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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