0001752724-24-011919.txt : 20240124 0001752724-24-011919.hdr.sgml : 20240124 20240124171824 ACCESSION NUMBER: 0001752724-24-011919 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: 24557666 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 S000007488 Utilities Portfolio C000020462 Utilities Portfolio FSUTX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007488 C000020462 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Utilities Portfolio S000007488 1VW3Z7R70SXNQ7CJXS28 2024-02-28 2023-11-30 N 1236554304.81 22048408.31 1214505896.50 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 DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 DUKE ENERGY CORP NEW 26441C204 447147.00000000 NS USD 41262725.16000000 3.397490722680 Long EC CORP US N 1 N N N AES CORP 2NUNNB7D43COUIRE5295 AES CORP 00130H105 1469263.00000000 NS USD 25286016.23000000 2.082000285290 Long EC CORP US N 1 N N N FORTUM OYJ 635400IUIZZIUJSAMF76 FORTUM OYJ N/A 240700.00000000 NS 3375895.13000000 0.277964490722 Long EC CORP FI N 1 N N N ENTERGY CORP NEW 4XM3TW50JULSLG8BNC79 ENTERGY CORP 29364G103 497563.00000000 NS USD 50457863.83000000 4.154600152655 Long EC CORP US N 1 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN CO 842587107 1994595.00000000 NS USD 141576353.10000000 11.65711533455 Long EC CORP US N 1 N N N EVERSOURCE ENERGY SJ7XXD41SQU3ZNWUJ746 EVERSOURCE ENERGY 30040W108 515119.00000000 NS USD 30603219.79000000 2.519808251091 Long EC CORP US N 1 N N N CLEARWAY ENERGY INC 549300LHAZ9HA9G3XC48 CLEARWAY ENERGY INC 18539C105 166124.00000000 NS USD 3932155.08000000 0.323765828665 Long EC CORP US N 1 N N N NEXTERA ENERGY INC N/A NEXTERA ENERGY INC 65339F101 2793206.00000000 NS USD 163430483.06000000 13.45654093001 Long EC CORP US N 1 N N N AMERICAN ELECTRIC POWER CO INC 1B4S6S7G0TW5EE83BO58 AMERICAN ELECTRIC POWER CO INC 025537101 493227.00000000 NS USD 39236207.85000000 3.230631317894 Long EC CORP US N 1 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA 816851109 1486316.00000000 NS USD 108307846.92000000 8.917852703072 Long EC CORP US N 1 N N N FIRSTENERGY CORP 549300SVYJS666PQJH88 FIRSTENERGY CORP 337932107 1287345.00000000 NS USD 47554524.30000000 3.915544950176 Long EC CORP US N 1 N N N CLEARWAY ENERGY INC 549300LHAZ9HA9G3XC48 CLEARWAY ENERGY INC CL C 18539C204 24900.00000000 NS USD 621753.00000000 0.051193905422 Long EC CORP US N 1 N N N AMERICAN WATER WORKS CO INC 549300DXHIJQMD5WFW18 AMERICAN WATER WRKS COMPANY 030420103 141403.00000000 NS USD 18642571.52000000 1.534992260945 Long EC CORP US N 1 N N N SUNNOVA ENERGY INTERNATIONAL INC 549300JK1Y1VVC3JU540 SUNNOVA ENERGY INTERNATIONAL INC 86745K104 465700.00000000 NS USD 5402120.00000000 0.444799816581 Long EC CORP US N 1 N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 NRG ENERGY INC 629377508 792767.00000000 NS USD 37925973.28000000 3.122749209311 Long EC CORP US N 1 N N N CONSOLIDATED EDISON INC 54930033SBW53OO8T749 CONSOLIDATED EDISON INC 209115104 199400.00000000 NS USD 17967934.00000000 1.479443949327 Long EC CORP US N 1 N N N SUNRUN INC 54930007SJ77CI66U531 SUNRUN INC 86771W105 143500.00000000 NS USD 1851150.00000000 0.152420009267 Long EC CORP US N 1 N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 PG and E CORP 69331C108 5257492.00000000 NS USD 90271137.64000000 7.432745933975 Long EC CORP US N 1 N N N ENERGY HARBOR CORP 5493003HK03UVPUSUP12 ENERGY HARBOR CORP 29279N102 231300.00000000 NS USD 18648562.50000000 1.535485546323 Long EC CORP US N 1 N N N IDACORP INC N134NUJDWN8UEFA8B673 IDACORP INC 451107106 61000.00000000 NS USD 5886500.00000000 0.484682702403 Long EC CORP US N 1 N N N NISOURCE INC 549300D8GOWWH0SJB189 NISOURCE INC 65473P105 1545019.00000000 NS USD 39614287.16000000 3.261761616321 Long EC CORP US N 1 N N N NEXTERA ENERGY PARTNERS LP 5493008F4ZOQFNG3WN54 NEXTERA ENERGY PARTNERS LP 65341B106 338012.00000000 NS USD 7956802.48000000 0.655147291003 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 3130498.96000000 NS USD 3131125.06000000 0.257810609979 Long STIV RF US N 1 N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 632209.00000000 NS USD 76522577.36000000 6.300716824885 Long EC CORP US N 1 N N N PUBLIC SERVICE ENTERPRISE GROUP INC PUSS41EMO3E6XXNV3U28 PUBLIC SVC ENTERPRISE GRP INC 744573106 702552.00000000 NS USD 43860321.36000000 3.611371627457 Long EC CORP US N 1 N N N EVERGY INC 549300PGTHDQY6PSUI61 EVERGY INC 30034W106 31900.00000000 NS USD 1628176.00000000 0.134060773578 Long EC CORP US N 1 N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 EDISON INTL 281020107 905223.00000000 NS USD 60640888.77000000 4.993050173305 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 5121612.85000000 NS USD 5122125.01000000 0.421745585983 Long STIV RF US N 1 N N PPL CORPORATION 9N3UAJSNOUXFKQLF3V18 PPL CORPORATION 69351T106 1147483.00000000 NS USD 29972255.96000000 2.467855944246 Long EC CORP US N 1 N N N MASTEC INC 549300TMDIT8WREDOF45 MASTEC INC 576323109 31400.00000000 NS USD 1904096.00000000 0.156779477603 Long EC CORP US N 1 N N N DTE ENERGY CO 549300IX8SD6XXD71I78 DTE ENERGY CO 233331107 177614.00000000 NS USD 18491393.54000000 1.522544566748 Long EC CORP US N 1 N N N FIRST SOLAR INC 549300NPYMLM4NHTOF27 FIRST SOLAR INC 336433107 11800.00000000 NS USD 1861804.00000000 0.153297238437 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 EXELON CORP 30161N101 625189.00000000 NS USD 24076028.39000000 1.982372293076 Long EC CORP US N 1 N N N PINNACLE WEST CAPITAL CORP TWSEY0NEDUDCKS27AH81 PINNACLE WEST CAPITAL CORP 723484101 315840.00000000 NS USD 23669049.60000000 1.948862468943 Long EC CORP US N 1 N N N VISTRA CORP 549300KP43CPCUJOOG15 VISTRA CORP 92840M102 748727.00000000 NS USD 26512423.07000000 2.182980185308 Long EC CORP US N 1 N N N SOUTHWEST GAS HOLDINGS INC 254900LKF9EV0CUKNE09 SOUTHWEST GAS HOLDINGS INC 844895102 30500.00000000 NS USD 1802855.00000000 0.148443495020 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_65_20231130.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Utilities Portfolio
November 30, 2023
UTI-NPRT3-0124
1.810724.119
Common Stocks - 99.4%
 
  
Shares
Value ($)
 
Construction & Engineering - 0.2%
 
  
  
Construction & Engineering - 0.2%
  
  
  
MasTec, Inc. (a)
  
31,400
1,904,096
Electric Utilities - 71.3%
 
  
  
Electric Utilities - 71.3%
  
  
  
American Electric Power Co., Inc.
 
493,227
39,236,208
Constellation Energy Corp.
 
632,209
76,522,577
Duke Energy Corp.
 
447,147
41,262,725
Edison International
 
877,523
58,785,266
Entergy Corp.
 
497,563
50,457,864
Evergy, Inc.
 
31,900
1,628,176
Eversource Energy
 
515,119
30,603,220
Exelon Corp.
 
625,189
24,076,028
FirstEnergy Corp.
 
1,287,345
47,554,524
Fortum Corp.
 
240,700
3,375,895
IDACORP, Inc.
 
61,000
5,886,500
NextEra Energy, Inc.
 
2,793,206
163,430,483
NRG Energy, Inc.
 
792,767
37,925,973
PG&E Corp.
 
5,257,492
90,271,138
Pinnacle West Capital Corp.
 
315,840
23,669,050
PPL Corp.
 
1,147,483
29,972,256
Southern Co.
 
1,994,595
141,576,353
 
  
  
866,234,236
Electrical Equipment - 0.2%
 
  
  
Electrical Components & Equipment - 0.2%
  
  
  
Sunrun, Inc. (a)
  
143,500
1,851,150
Gas Utilities - 0.1%
 
  
  
Gas Utilities - 0.1%
  
  
  
Southwest Gas Holdings, Inc.
 
30,500
1,802,855
Independent Power and Renewable Electricity Producers - 7.1%
 
  
  
Independent Power Producers & Energy Traders - 5.6%
  
  
  
Energy Harbor Corp. (a)
  
231,300
18,648,563
The AES Corp.
 
1,469,263
25,286,016
Vistra Corp.
 
699,427
24,766,710
 
  
  
68,701,289
Renewable Electricity - 1.5%
  
  
  
Clearway Energy, Inc.:
  
  
  
 Class A
 
166,124
3,932,155
 Class C
 
24,900
621,753
NextEra Energy Partners LP
 
338,012
7,956,802
Sunnova Energy International, Inc. (a)(b)
  
465,700
5,402,120
 
  
  
17,912,830
TOTAL INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS
  
  
86,614,119
Multi-Utilities - 18.8%
 
  
  
Multi-Utilities - 18.8%
  
  
  
Consolidated Edison, Inc.
 
199,400
17,967,934
DTE Energy Co.
 
177,614
18,491,394
NiSource, Inc.
 
1,545,019
39,614,287
Public Service Enterprise Group, Inc.
 
702,552
43,860,321
Sempra
 
1,486,316
108,307,847
 
  
  
228,241,783
Semiconductors & Semiconductor Equipment - 0.2%
 
  
  
Semiconductors - 0.2%
  
  
  
First Solar, Inc. (a)
  
11,800
1,861,804
Water Utilities - 1.5%
 
  
  
Water Utilities - 1.5%
  
  
  
American Water Works Co., Inc.
 
141,403
18,642,572
 
TOTAL COMMON STOCKS
 (Cost $1,020,362,898)
  
  
  
1,207,152,615
 
  
  
  
Money Market Funds - 0.7%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.40% (c)
  
3,130,499
3,131,125
Fidelity Securities Lending Cash Central Fund 5.39% (c)(d)
  
5,586,641
5,587,200
 
TOTAL MONEY MARKET FUNDS
 (Cost $8,718,325)
  
  
8,718,325
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.1%
 (Cost $1,029,081,223)
 
  
 
1,215,870,940
NET OTHER ASSETS (LIABILITIES) - (0.1)%  
(1,620,004)
NET ASSETS - 100.0%
1,214,250,936
 
  
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%
13,606,856
489,921,241
500,396,972
559,558
-
-
3,131,125
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
9,119,850
108,840,838
112,373,488
8,952
-
-
5,587,200
0.0%
Total
22,726,706
598,762,079
612,770,460
568,510
-
-
8,718,325
  
 
  
  
  
  
  
  
  
  
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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