Common Stocks - 99.2%
|
|||
Shares
|
Value ($)
|
||
Capital Markets - 96.2%
|
|||
Asset Management & Custody Banks - 34.2%
|
|||
Ameriprise Financial, Inc.
|
94,700
|
33,477,397
|
|
Ares Management Corp.
|
270,300
|
30,341,175
|
|
Bank of New York Mellon Corp.
|
290,400
|
14,032,128
|
|
BlackRock, Inc. Class A
|
58,200
|
43,721,586
|
|
Blackstone, Inc.
|
322,800
|
36,273,036
|
|
Blue Owl Capital, Inc. Class A (a)
|
1,270,600
|
17,127,688
|
|
Bridge Investment Group Holdings, Inc.
|
85,800
|
642,642
|
|
Brookfield Asset Management Ltd. Class A
|
96,800
|
3,390,904
|
|
Carlyle Group LP (a)
|
306,500
|
10,506,820
|
|
Hamilton Lane, Inc. Class A
|
61,100
|
5,978,635
|
|
Intermediate Capital Group PLC
|
195,700
|
3,864,041
|
|
KKR & Co. LP
|
448,400
|
34,006,656
|
|
P10, Inc. (a)
|
94,200
|
960,840
|
|
Patria Investments Ltd.
|
390,072
|
5,523,420
|
|
State Street Corp.
|
400
|
29,128
|
|
StepStone Group, Inc. Class A
|
108,700
|
2,784,894
|
|
TPG, Inc. (a)
|
122,900
|
4,301,500
|
|
246,962,490
|
|||
Financial Exchanges & Data - 37.2%
|
|||
Cboe Global Markets, Inc.
|
90,538
|
16,495,118
|
|
CME Group, Inc.
|
158,600
|
34,631,896
|
|
Coinbase Global, Inc. (a)(b)
|
151,800
|
18,932,496
|
|
FactSet Research Systems, Inc.
|
23,600
|
10,701,656
|
|
Intercontinental Exchange, Inc.
|
271,000
|
30,850,640
|
|
MarketAxess Holdings, Inc.
|
31,700
|
7,611,804
|
|
Moody's Corp.
|
157,700
|
57,554,192
|
|
MSCI, Inc.
|
42,400
|
22,084,040
|
|
NASDAQ, Inc.
|
246,100
|
13,742,224
|
|
Open Lending Corp. (b)
|
171,300
|
1,094,607
|
|
S&P Global, Inc.
|
108,500
|
45,117,555
|
|
Tradeweb Markets, Inc. Class A
|
100,000
|
9,690,000
|
|
268,506,228
|
|||
Investment Banking & Brokerage - 24.8%
|
|||
BGC Group, Inc. Class A
|
679,100
|
4,414,150
|
|
Charles Schwab Corp.
|
504,461
|
30,933,549
|
|
Evercore, Inc. Class A
|
67,700
|
9,989,135
|
|
Goldman Sachs Group, Inc.
|
2,900
|
990,466
|
|
Houlihan Lokey
|
128,200
|
13,809,704
|
|
Interactive Brokers Group, Inc.
|
135,400
|
10,539,536
|
|
Jefferies Financial Group, Inc.
|
295,900
|
10,486,696
|
|
LPL Financial
|
95,400
|
21,207,420
|
|
Moelis & Co. Class A (a)
|
118,600
|
5,627,570
|
|
Morgan Stanley
|
362,516
|
28,762,019
|
|
Piper Jaffray Companies
|
20,300
|
3,141,019
|
|
PJT Partners, Inc. (a)
|
129,612
|
11,672,857
|
|
Raymond James Financial, Inc.
|
212,400
|
22,333,860
|
|
Robinhood Markets, Inc. (b)
|
310,800
|
2,735,040
|
|
Virtu Financial, Inc. Class A
|
120,600
|
2,168,388
|
|
178,811,409
|
|||
TOTAL CAPITAL MARKETS
|
694,280,127
|
||
Financial Services - 3.0%
|
|||
Diversified Financial Services - 3.0%
|
|||
Apollo Global Management, Inc.
|
231,000
|
21,252,000
|
|
Transaction & Payment Processing Services - 0.0%
|
|||
PayPal Holdings, Inc. (b)
|
100
|
5,761
|
|
TOTAL FINANCIAL SERVICES
|
21,257,761
|
||
TOTAL COMMON STOCKS
(Cost $464,837,333)
|
715,537,888
|
||
Money Market Funds - 6.9%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 5.40% (c)
|
3,210,088
|
3,210,730
|
|
Fidelity Securities Lending Cash Central Fund 5.39% (c)(d)
|
46,622,838
|
46,627,500
|
|
TOTAL MONEY MARKET FUNDS
(Cost $49,838,230)
|
49,838,230
|
||
TOTAL INVESTMENT IN SECURITIES - 106.1%
(Cost $514,675,563)
|
765,376,118
|
NET OTHER ASSETS (LIABILITIES) - (6.1)%
|
(43,916,191)
|
NET ASSETS - 100.0%
|
721,459,927
|
(a)
|
Security or a portion of the security is on loan at period end.
|
(b)
|
Non-income producing
|
(c)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(d)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
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 5.40%
|
16,326,467
|
77,503,878
|
90,619,615
|
92,772
|
-
|
-
|
3,210,730
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 5.39%
|
38,919,225
|
411,323,565
|
403,615,290
|
66,946
|
-
|
-
|
46,627,500
|
0.2%
|
Total
|
55,245,692
|
488,827,443
|
494,234,905
|
159,718
|
-
|
-
|
49,838,230
|
|