0001752724-24-011925.txt : 20240124 0001752724-24-011925.hdr.sgml : 20240124 20240124171828 ACCESSION NUMBER: 0001752724-24-011925 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: 24557671 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 2023-11-30 N 564270485.53 8251549.52 556018936.01 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 26.42000000 N UNITED AIRLINES HOLDINGS INC 98450079DA0B78DD6764 UNITED AIRLINES HOLDINGS INC 910047109 39599.00000000 NS USD 1560200.60000000 0.280602062080 Long EC CORP US N 1 N N N ALASKA AIR GROUP INC 529900G48RT4KWLC6C27 ALASKA AIR GROUP INC 011659109 393542.00000000 NS USD 14879823.02000000 2.676136019175 Long EC CORP US N 1 N N N HAFNIA LTD 5493001KCFT0SCGJ2647 HAFNIA LTD N/A 474347.00000000 NS 2906594.40000000 0.522750973349 Long EC CORP BM N 1 N N N CSX CORP 549300JVQR4N1MMP3Q88 CSX CORP 126408103 937597.00000000 NS USD 30284383.10000000 5.446645993267 Long EC CORP US N 1 N N N FORWARD AIR CORP N/A FORWARD AIR CORP 349853101 40484.00000000 NS USD 2571948.52000000 0.462564915226 Long EC CORP US N 1 N N N COPA HOLDINGS SA 529900BB9UQJV6QQHA59 COPA HOLDINGS SA CL A N/A 199931.00000000 NS USD 18521607.84000000 3.331110982102 Long EC CORP PA N 1 N N N CH ROBINSON WORLDWIDE INC 529900WNWN5L0OVDHA79 CH ROBINSON WORLDWIDE INC 12541W209 90851.00000000 NS USD 7454324.55000000 1.340660194685 Long EC CORP US N 1 N N N EXPEDITORS INTERNATIONAL OF WASHINGTON INC 984500B055A804AB6E40 EXPEDITORS INTL OF WASH INC 302130109 90461.00000000 NS USD 10886076.74000000 1.957860791238 Long EC CORP US N 1 N N N AZUL SA 549300Z0MWZ57Q9RR205 AZUL SA N/A 485200.00000000 NS 1664962.36000000 0.299443463553 Long EC CORP BR N 1 N N N LYFT INC 549300H7I5VN334XVZ52 LYFT INC 55087P104 272000.00000000 NS USD 3190560.00000000 0.573822183628 Long EC CORP US N 1 N N N SAIA INC 549300WNPG4N9GBOYB29 SAIA INC 78709Y105 35087.00000000 NS USD 13697613.93000000 2.463515726333 Long EC CORP US N 1 N N N ARCBEST CORP 5493006S3KBNE8ZS3J23 ARCBEST CORP 03937C105 36500.00000000 NS USD 4350435.00000000 0.782425690610 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP 907818108 398404.00000000 NS USD 89748469.08000000 16.14126125344 Long EC CORP US N 1 N N N RYANAIR HOLDINGS PLC 635400BR2ROC1FVEBQ56 RYANAIR HOLDINGS PLC SPON ADR 783513203 15000.00000000 NS USD 1773300.00000000 0.318927987008 Long EC CORP IE N 1 N N N INTERNATIONAL SEAWAYS INC 549300YUFDGFRNGBWF46 INTERNATIONAL SEAWAYS INC N/A 182458.00000000 NS USD 8327383.12000000 1.497679769641 Long EC CORP MH N 1 N N N TFI INTERNATIONAL INC 5493007R9W7KO7SJN678 TFI INTERNATIONAL INC 87241L109 27200.00000000 NS 3218417.78000000 0.578832405078 Long EC CORP CA N 1 N N N U-HAUL HOLDING CO 5493003WIDMLDHYC6Y24 U-HAUL HOLDING CO 023586506 70108.00000000 NS USD 3796348.20000000 0.682773185252 Long EC CORP US N 1 N N N ALLEGIANT TRAVEL CO 549300JM9OZXOHWL2K18 ALLEGIANT TRAVEL CO 01748X102 16200.00000000 NS USD 1109538.00000000 0.199550398042 Long EC CORP US N 1 N N N COOL COMPANY LTD 549300AQHDVKVCNIU608 COOL COMPANY LTD N/A 233874.00000000 NS 2775375.27000000 0.499151214150 Long EC CORP BM N 1 N N N VALARIS LTD N/A VALARIS LTD N/A 15000.00000000 NS USD 1029000.00000000 0.185065639559 Long EC CORP BM N 1 N N N DHT HOLDINGS INC 549300SMD6IVZYT74K40 DHT HOLDINGS INC N/A 388192.00000000 NS USD 3866392.32000000 0.695370619523 Long EC CORP MH N 1 N N N EAGLE BULK SHIPPING INC 549300EC4INNZBWR8W37 EAGLE BULK SHIPPING INC N/A 46250.00000000 NS USD 2102062.50000000 0.378055919297 Long EC CORP MH N 1 N N AIR TRANSPORT SERVICES GROUP INC 5493000F3MSFGIXTQE27 AIR TRANSPORT SERVICES GROUP 00922R105 1536313.00000000 NS USD 24442739.83000000 4.396026510428 Long EC CORP US N 1 N N N JOBY AVIATION INC N/A JOBY AVIATION INC N/A 118114.00000000 NS USD 703959.44000000 0.126607098141 Long EC CORP US N 1 N N RYDER SYSTEM INC ZXJ6Y2OSPZXIVGRILD15 RYDER SYSTEM INC 783549108 68422.00000000 NS USD 7330733.08000000 1.318432270059 Long EC CORP US N 1 N N N SUN COUNTRY AIRLINES HOLDINGS INC 549300MOHOJN9GH0NJ48 SUN COUNTRY AIRLINES HOLDINGS INC 866683105 441456.00000000 NS USD 6701302.08000000 1.205229111096 Long EC CORP US N 1 N N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 499049104 96835.00000000 NS USD 5207786.30000000 0.936620313216 Long EC CORP US N 1 N N N FRONTIER GROUP HOLDINGS INC 549300DT3Y2BHO6G7T02 FRONTIER GROUP HOLDINGS INC 35909R108 177311.00000000 NS USD 693286.01000000 0.124687481864 Long EC CORP US N 1 N N HUB GROUP INC N/A HUB GROUP INC CL A 443320106 21349.00000000 NS USD 1612916.95000000 0.290083097092 Long EC CORP US N 1 N N N GXO LOGISTICS INC 5493007CNWMXN78JRN66 GXO LOGISTICS INC 36262G101 40013.00000000 NS USD 2251131.38000000 0.404865955852 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 2540457.80600000 NS USD 2540965.90000000 0.456992691334 Long STIV RF US N 1 N N N NOBLE CORP PLC 549300I3HBUNXO0OG954 NOBLE CORP PLC N/A 147266.00000000 NS USD 6794853.24000000 1.222054286273 Long EC CORP GB N 1 N N N TIDEWATER INC 2549000JA5GRUPLMUH98 TIDEWATER INC 88642R109 140500.00000000 NS USD 8441240.00000000 1.518156928354 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 451547.00000000 NS USD 68459040.67000000 12.31235776991 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 116599.00000000 NS USD 30179319.17000000 5.427750246523 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 7884436.58200000 NS USD 7885225.03000000 1.418157641641 Long STIV RF US N 1 N N NORFOLK SOUTHERN CORP 54930036C8MWP850MI84 NORFOLK SOUTHERN CORP 655844108 90853.00000000 NS USD 19820490.48000000 3.564715011728 Long EC CORP US N 1 N N N DELTA AIRLINES INC Q2CCMS6R0AS67HJMBN42 DELTA AIR INC 247361702 544216.00000000 NS USD 20097896.88000000 3.614606549953 Long EC CORP US N 1 N N N SCORPIO TANKERS INC 549300NVJUH16NXG8K87 SCORPIO TANKERS INC N/A 247396.00000000 NS USD 13579566.44000000 2.442284886454 Long EC CORP MH N 1 N N N HERTZ GLOBAL HOLDINGS INC 549300NBK3K85MH1EX16 HERTZ GLOBAL HOLDINGS INC 42806J700 81700.00000000 NS USD 681378.00000000 0.122545826386 Long EC CORP US N 1 N N KIRBY CORP I7NO6FZO5GUCG585T325 KIRBY CORP 497266106 323988.00000000 NS USD 24866079.00000000 4.472164055857 Long EC CORP US N 1 N N N FRONTLINE PLC 5493004BCIKYU1YL3H63 FRONTLINE PLC N/A 57822.00000000 NS USD 1149501.36000000 0.206737807933 Long EC CORP CY N 1 N N SOUTHWEST AIRLINES CO UDTZ87G0STFETI6HGH41 SOUTHWEST AIRLINES CO 844741108 146835.00000000 NS USD 3754570.95000000 0.675259547263 Long EC CORP US N 1 N N N SKYWEST INC 529900UYS2KGS6Z42P09 SKYWEST INC 830879102 180580.00000000 NS USD 8537822.40000000 1.535527272014 Long EC CORP US N 1 N N N MATSON INC 549300OI5H3Y0I9I4I12 MATSON INC 57686G105 37195.00000000 NS USD 3562165.15000000 0.640655366085 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 1002132.00000000 NS USD 56500202.16000000 10.16156078522 Long EC CORP US N 1 N N N SPIRIT AIRLINES INC 549300DCAFIXFNFR3304 SPIRIT AIRLINES INC 848577102 157200.00000000 NS USD 2329704.00000000 0.418997240762 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_512_20231130.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Transportation Portfolio
November 30, 2023
TRN-NPRT3-0124
1.810722.119
Common Stocks - 98.7%
 
  
Shares
Value ($)
 
Air Freight & Logistics - 27.2%
 
  
  
Air Freight & Logistics - 27.2%
  
  
  
Air Transport Services Group, Inc. (a)
  
1,536,313
24,442,740
C.H. Robinson Worldwide, Inc.
 
90,851
7,454,325
Expeditors International of Washington, Inc.
 
64,661
7,781,305
FedEx Corp.
 
114,399
29,609,893
Forward Air Corp.
 
40,484
2,571,949
GXO Logistics, Inc. (a)
  
40,013
2,251,131
Hub Group, Inc. Class A (a)
  
21,349
1,612,917
United Parcel Service, Inc. Class B
 
496,347
75,251,169
 
  
  
150,975,429
Energy Equipment & Services - 2.7%
 
  
  
Oil & Gas Drilling - 1.2%
  
  
  
Noble Corp. PLC
 
147,266
6,794,853
Oil & Gas Equipment & Services - 1.5%
  
  
  
Tidewater, Inc. (a)
  
140,500
8,441,240
TOTAL ENERGY EQUIPMENT & SERVICES
  
  
15,236,093
Ground Transportation - 42.9%
 
  
  
Cargo Ground Transportation - 6.6%
  
  
  
ArcBest Corp.
 
36,500
4,350,435
Knight-Swift Transportation Holdings, Inc. Class A
 
96,835
5,207,786
Ryder System, Inc.
 
60,222
6,452,185
Saia, Inc. (a)
  
34,487
13,463,380
TFI International, Inc. (Canada)
 
27,200
3,218,418
U-Haul Holding Co. (non-vtg.)
 
70,108
3,796,348
 
  
  
36,488,552
Passenger Ground Transportation - 12.8%
  
  
  
Hertz Global Holdings, Inc. (a)(b)
  
81,700
681,378
Lyft, Inc. (a)
  
181,700
2,131,341
Uber Technologies, Inc. (a)
  
1,213,832
68,435,848
 
  
  
71,248,567
Rail Transportation - 23.5%
  
  
  
CSX Corp.
 
505,597
16,330,783
Norfolk Southern Corp.
 
90,853
19,820,490
Union Pacific Corp.
 
417,704
94,096,182
 
  
  
130,247,455
TOTAL GROUND TRANSPORTATION
  
  
237,984,574
Marine Transportation - 5.5%
 
  
  
Marine Transportation - 5.5%
  
  
  
Eagle Bulk Shipping, Inc. (b)
  
46,250
2,102,063
Kirby Corp. (a)
  
323,988
24,866,079
Matson, Inc.
 
37,195
3,562,165
 
  
  
30,530,307
Oil, Gas & Consumable Fuels - 5.9%
 
  
  
Oil & Gas Storage & Transportation - 5.9%
  
  
  
Cool Co. Ltd.
 
229,274
2,720,787
DHT Holdings, Inc.
 
388,192
3,866,392
Frontline PLC (NY Shares) (b)
  
57,822
1,149,501
Hafnia Ltd.
 
465,447
2,852,059
International Seaways, Inc.
 
182,458
8,327,383
Scorpio Tankers, Inc.
 
247,396
13,579,566
 
  
  
32,495,688
Passenger Airlines - 14.5%
 
  
  
Passenger Airlines - 14.5%
  
  
  
Alaska Air Group, Inc. (a)
  
393,542
14,879,823
Allegiant Travel Co.
 
16,200
1,109,538
Copa Holdings SA Class A
 
199,931
18,521,608
Delta Air Lines, Inc.
 
544,216
20,097,897
Frontier Group Holdings, Inc. (a)(b)
  
177,311
693,286
Joby Aviation, Inc. (a)(b)
  
118,114
703,959
Ryanair Holdings PLC sponsored ADR (a)
  
15,000
1,773,300
SkyWest, Inc. (a)
  
180,580
8,537,822
Southwest Airlines Co.
 
146,835
3,754,571
Spirit Airlines, Inc.
 
157,200
2,329,704
Sun Country Airlines Holdings, Inc. (a)(b)
  
441,456
6,701,302
United Airlines Holdings, Inc. (a)
  
39,599
1,560,201
 
  
  
80,663,011
 
TOTAL COMMON STOCKS
 (Cost $384,335,416)
  
  
  
547,885,102
 
  
  
  
Nonconvertible Preferred Stocks - 0.3%
 
  
Shares
Value ($)
 
Passenger Airlines - 0.3%
 
  
  
Passenger Airlines - 0.3%
  
  
  
Azul SA (a)
 
  (Cost $1,177,389)
 
  
485,200
1,664,962
 
  
  
  
Money Market Funds - 1.9%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.40% (c)
  
2,540,458
2,540,966
Fidelity Securities Lending Cash Central Fund 5.39% (c)(d)
  
7,893,736
7,894,525
 
TOTAL MONEY MARKET FUNDS
 (Cost $10,435,491)
  
  
10,435,491
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.9%
 (Cost $395,948,296)
 
  
 
559,985,555
NET OTHER ASSETS (LIABILITIES) - (0.9)%  
(5,091,607)
NET ASSETS - 100.0%
554,893,948
 
  
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%
7,755,607
57,176,151
62,390,792
271,547
-
-
2,540,966
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
21,906,175
131,712,203
145,723,853
14,907
-
-
7,894,525
0.0%
Total
29,661,782
188,888,354
208,114,645
286,454
-
-
10,435,491
  
 
  
  
  
  
  
  
  
  
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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