0001752724-24-011896.txt : 20240124 0001752724-24-011896.hdr.sgml : 20240124 20240124171731 ACCESSION NUMBER: 0001752724-24-011896 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231130 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 PERIOD START: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 ORGANIZATION NAME: 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: 24557645 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 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1.899181312832 Long EC CORP US N 1 N N N ITT INC 549300KDSERHTJOXUS80 ITT INC 45073V108 153200.00000000 NS USD 16586964.00000000 3.449198657995 Long EC CORP US N 1 N N N GFL ENVIRONMENTAL INC 5493008HF9XC5H29ZX61 GFL ENVIRONMENTAL INC 36168Q104 86283.00000000 NS USD 2476322.10000000 0.514942147585 Long EC CORP CA N 1 N N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 36300.00000000 NS USD 14171157.00000000 2.946840404708 Long EC CORP US N 1 N N N GENERAL DYNAMICS CORP 9C1X8XOOTYY2FNYTVH06 GENERAL DYNAMICS CORPORATION 369550108 26100.00000000 NS USD 6445917.00000000 1.340404926781 Long EC CORP US N 1 N N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 REGAL REXNORD CORP 758750103 101170.00000000 NS USD 12120166.00000000 2.520344307848 Long EC CORP US N 1 N N N VERTIV HOLDINGS CO 549300KTTIRAOGXCRV69 VERTIV HOLDINGS CO 92537N108 27300.00000000 NS USD 1191918.00000000 0.247855000230 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 326964.00000000 NS USD 23355038.52000000 4.856595065897 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP 907818108 131800.00000000 NS USD 29690586.00000000 6.174049053599 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 AECOM 00766T100 78941.00000000 NS USD 7014697.26000000 1.458680707056 Long EC CORP US N 1 N N N SIMPSON MANUFACTURING CO 529900EJUNNL15LZ8056 SIMPSON MANUFACTURING CO 829073105 71780.00000000 NS USD 11985106.60000000 2.492259198286 Long EC CORP US N 1 N N N KBR INC 254900OFQDXZRKRCV808 KBR INC 48242W106 128100.00000000 NS USD 6618927.00000000 1.376381725177 Long EC CORP US N 1 N N N CHART INDUSTRIES INC EM7QGKC1GYOF3LSZSL80 CHART INDUSTRIES INC 16115Q308 75400.00000000 NS USD 9804262.00000000 2.038760518985 Long EC CORP US N 1 N N EATON CORP PLC 549300VDIGTMXUNT7H71 EATON CORP PLC N/A 69900.00000000 NS USD 15915531.00000000 3.309576614893 Long EC CORP IE N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 PARKER HANNIFIN CORP 701094104 48800.00000000 NS USD 21139184.00000000 4.395816201440 Long EC CORP US N 1 N N N FORTIVE CORP 549300MU9YQJYHDQEF63 FORTIVE CORP 34959J108 163711.00000000 NS USD 11292784.78000000 2.348293401264 Long EC CORP US N 1 N N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 267000.00000000 NS USD 14359260.00000000 2.985955737397 Long EC CORP US N 1 N N N TRANSDIGM GROUP INC N/A TRANSDIGM GROUP INC 893641100 19137.00000000 NS USD 18426443.19000000 3.831711645517 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604301 242803.00000000 NS USD 29573405.40000000 6.149681775280 Long EC CORP US N 1 N N N CATERPILLAR INC WRJR7GS4GTRECRRTVX92 CATERPILLAR INC 149123101 33600.00000000 NS USD 8424192.00000000 1.751779996694 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 2004739.38200000 NS USD 2005140.33000000 0.416961617287 Long STIV RF US N 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 TRANE TECHNOLOGIES PLC N/A 72735.00000000 NS USD 16395196.35000000 3.409321274706 Long EC CORP IE N 1 N N N LOCKHEED MARTIN CORP DPRBOZP0K5RM2YE8UU08 LOCKHEED MARTIN CORP 539830109 21823.00000000 NS USD 9771684.71000000 2.031986190365 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 125248.00000000 NS USD 29011194.24000000 6.032772015388 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 326637.00000000 NS USD 17181106.20000000 3.572748361177 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 87400.00000000 NS USD 22621742.00000000 4.704108729476 Long EC CORP US N 1 N N N EAGLE MATLS INC 529900KRXRGXL61SG039 EAGLE MATERIALS INC 26969P108 50574.00000000 NS USD 9156422.70000000 1.904044699733 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 9637436.26800000 NS USD 9638400.01000000 2.004270123195 Long STIV RF US N 1 N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 213800.00000000 NS USD 8919736.00000000 1.854826563852 Long EC CORP US N 1 N N N XPO INC 54930096DB9LCLPN7H13 XPO INC 983793100 83100.00000000 NS USD 7169868.00000000 1.490947896408 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 55420.00000000 NS USD 8602846.60000000 1.788930569069 Long EC CORP US N 1 N N N LEIDOS HLDGS INC 549300IUTGTP6EJP8124 LEIDOS HOLDINGS INC 525327102 114789.00000000 NS USD 12319155.48000000 2.561723444341 Long EC CORP US N 1 N N N GRAINGER (W.W.) INC 549300TWZSP6O1IH2V34 WW GRAINGER INC 384802104 8709.00000000 NS USD 6846928.71000000 1.423793849068 Long EC CORP US N 1 N N N JOHNSON CONTROLS INTERNATIONAL PLC 549300XQ6S1GYKGBL205 JOHNSON CONTROLS INTERNATIONAL PLC N/A 125700.00000000 NS USD 6636960.00000000 1.380131621746 Long EC CORP IE N 1 N N N REPUBLIC SERVICES INC NKNQHM6BLECKVOQP7O46 REPUBLIC SERVICES INC 760759100 71323.00000000 NS USD 11542914.32000000 2.400306926686 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 242000.00000000 NS USD 13643960.00000000 2.837211711663 Long EC CORP US N 1 N N N 2023-12-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_515_20231130.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Industrials Portfolio
November 30, 2023
CYC-NPRT3-0124
1.810678.119
Common Stocks - 99.4%
 
  
Shares
Value ($)
 
Aerospace & Defense - 16.8%
 
  
  
Aerospace & Defense - 16.8%
  
  
  
General Dynamics Corp.
 
26,100
6,445,917
Howmet Aerospace, Inc.
 
326,637
17,181,106
Lockheed Martin Corp.
 
21,823
9,771,685
The Boeing Co. (a)
  
125,248
29,011,194
TransDigm Group, Inc.
 
19,137
18,426,443
 
  
  
80,836,345
Air Freight & Logistics - 4.7%
 
  
  
Air Freight & Logistics - 4.7%
  
  
  
FedEx Corp.
 
87,400
22,621,742
Building Products - 9.7%
 
  
  
Building Products - 9.7%
  
  
  
Carlisle Companies, Inc.
 
19,700
5,524,077
Johnson Controls International PLC
 
125,700
6,636,960
Simpson Manufacturing Co. Ltd.
 
71,780
11,985,107
The AZEK Co., Inc. (a)
  
178,900
6,170,261
Trane Technologies PLC
 
72,735
16,395,196
 
  
  
46,711,601
Commercial Services & Supplies - 2.8%
 
  
  
Environmental & Facilities Services - 2.8%
  
  
  
GFL Environmental, Inc.
 
61,283
1,758,822
Republic Services, Inc.
 
71,323
11,542,914
 
  
  
13,301,736
Construction & Engineering - 5.2%
 
  
  
Construction & Engineering - 5.2%
  
  
  
AECOM
 
78,941
7,014,697
Quanta Services, Inc.
 
48,500
9,133,035
Willscot Mobile Mini Holdings (a)
  
213,800
8,919,736
 
  
  
25,067,468
Construction Materials - 1.9%
 
  
  
Construction Materials - 1.9%
  
  
  
Eagle Materials, Inc.
 
50,574
9,156,423
Electrical Equipment - 7.9%
 
  
  
Electrical Components & Equipment - 7.9%
  
  
  
AMETEK, Inc.
 
55,420
8,602,847
Eaton Corp. PLC
 
69,900
15,915,531
Regal Rexnord Corp.
 
101,170
12,120,166
Vertiv Holdings Co.
 
27,300
1,191,918
 
  
  
37,830,462
Ground Transportation - 16.9%
 
  
  
Cargo Ground Transportation - 7.4%
  
  
  
Knight-Swift Transportation Holdings, Inc. Class A
 
267,000
14,359,260
Saia, Inc. (a)
  
36,300
14,171,157
XPO, Inc. (a)
  
83,100
7,169,868
 
  
  
35,700,285
Passenger Ground Transportation - 2.8%
  
  
  
Uber Technologies, Inc. (a)
  
242,000
13,643,960
Rail Transportation - 6.7%
  
  
  
CSX Corp.
 
72,969
2,356,899
Union Pacific Corp.
 
131,800
29,690,586
 
  
  
32,047,485
TOTAL GROUND TRANSPORTATION
  
  
81,391,730
Industrial Conglomerates - 6.2%
 
  
  
Industrial Conglomerates - 6.2%
  
  
  
General Electric Co.
 
242,803
29,573,405
Machinery - 22.0%
 
  
  
Construction Machinery & Heavy Transportation Equipment - 1.7%
  
  
  
Caterpillar, Inc.
 
33,600
8,424,192
Industrial Machinery & Supplies & Components - 20.3%
  
  
  
Chart Industries, Inc. (a)(b)
  
75,400
9,804,262
Dover Corp.
 
107,881
15,228,482
Fortive Corp.
 
163,711
11,292,785
Ingersoll Rand, Inc.
 
326,964
23,355,039
ITT, Inc.
 
153,200
16,586,964
Parker Hannifin Corp.
 
48,800
21,139,184
 
  
  
97,406,716
TOTAL MACHINERY
  
  
105,830,908
Professional Services - 3.9%
 
  
  
Research & Consulting Services - 3.9%
  
  
  
KBR, Inc.
 
128,100
6,618,927
Leidos Holdings, Inc.
 
114,789
12,319,155
 
  
  
18,938,082
Trading Companies & Distributors - 1.4%
 
  
  
Trading Companies & Distributors - 1.4%
  
  
  
W.W. Grainger, Inc.
 
8,709
6,846,929
 
TOTAL COMMON STOCKS
 (Cost $416,955,933)
  
  
  
478,106,831
 
  
  
  
Money Market Funds - 2.5%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.40% (c)
  
2,004,739
2,005,140
Fidelity Securities Lending Cash Central Fund 5.39% (c)(d)
  
9,731,552
9,732,525
 
TOTAL MONEY MARKET FUNDS
 (Cost $11,737,665)
  
  
11,737,665
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.9%
 (Cost $428,693,598)
 
  
 
489,844,496
NET OTHER ASSETS (LIABILITIES) - (1.9)%  
(8,913,651)
NET ASSETS - 100.0%
480,930,845
 
  
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 5.40%
-
116,349,017
114,343,877
119,108
-
-
2,005,140
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
4,537,200
81,815,044
76,619,719
2,977
-
-
9,732,525
0.0%
Total
4,537,200
198,164,061
190,963,596
122,085
-
-
11,737,665
  
 
  
  
  
  
  
  
  
  
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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