Common Stocks - 96.1%
|
|||
Shares
|
Value ($)
|
||
Australia - 11.8%
|
|||
Abacus Storage King
|
6,733,457
|
4,910,706
|
|
Arena (REIT) unit
|
6,244,077
|
14,732,327
|
|
Goodman Group unit
|
368,789
|
7,449,402
|
|
Hmc Capital Ltd.
|
601,689
|
2,437,440
|
|
Ingenia Communities Group unit
|
3,564,040
|
10,563,600
|
|
National Storage REIT unit
|
10,038,395
|
13,842,214
|
|
Stockland Corp. Ltd. unit
|
806,738
|
2,285,583
|
|
TOTAL AUSTRALIA
|
56,221,272
|
||
Belgium - 2.6%
|
|||
Inclusio SA
|
241,973
|
3,357,037
|
|
Montea SICAFI SCA
|
52,673
|
4,530,738
|
|
Warehouses de Pauw
|
165,270
|
4,398,821
|
|
Warehouses de Pauw rights (a)(b)
|
165,270
|
197,541
|
|
TOTAL BELGIUM
|
12,484,137
|
||
Brazil - 0.8%
|
|||
LOG Commercial Properties e Participacoes SA
|
880,500
|
3,684,718
|
|
Canada - 0.4%
|
|||
Sienna Senior Living, Inc.
|
123,000
|
1,197,254
|
|
StorageVault Canada, Inc.
|
258,300
|
887,487
|
|
TOTAL CANADA
|
2,084,741
|
||
France - 2.5%
|
|||
ARGAN SA
|
79,304
|
6,245,932
|
|
Mercialys SA
|
285,600
|
3,096,690
|
|
Unibail-Rodamco-Westfield NV
|
30,300
|
2,537,742
|
|
TOTAL FRANCE
|
11,880,364
|
||
Germany - 4.4%
|
|||
Instone Real Estate Group BV (c)(d)
|
135,543
|
1,254,128
|
|
LEG Immobilien AG
|
230,400
|
19,650,960
|
|
TOTAL GERMANY
|
20,905,088
|
||
Greece - 0.2%
|
|||
Trade Estates Real Estate Investment SA
|
455,600
|
836,292
|
|
Hong Kong - 9.7%
|
|||
CK Asset Holdings Ltd.
|
5,882,500
|
25,092,252
|
|
Great Eagle Holdings Ltd. (c)
|
6,265,541
|
9,564,281
|
|
Hang Lung Properties Ltd. (c)
|
2,411,000
|
2,661,051
|
|
Magnificent Hotel Investment Ltd. (a)
|
140,513,000
|
1,388,443
|
|
Tai Cheung Holdings Ltd.
|
13,949,116
|
5,947,220
|
|
Wing Tai Properties Ltd.
|
5,396,000
|
1,500,200
|
|
TOTAL HONG KONG
|
46,153,447
|
||
Ireland - 1.7%
|
|||
Irish Residential Properties REIT PLC
|
6,369,300
|
6,736,141
|
|
Kingspan Group PLC (Ireland)
|
13,800
|
1,234,889
|
|
TOTAL IRELAND
|
7,971,030
|
||
Israel - 1.1%
|
|||
Azorim Investment Development & Construction Co. Ltd. (a)
|
226,800
|
1,038,941
|
|
Azrieli Group
|
66,300
|
4,289,880
|
|
TOTAL ISRAEL
|
5,328,821
|
||
Italy - 1.2%
|
|||
Infrastrutture Wireless Italiane SpA (d)
|
559,100
|
6,014,449
|
|
Japan - 22.3%
|
|||
Advance Residence Investment Corp.
|
8,250
|
17,836,625
|
|
Daiwa Securities Living Invest
|
23,654
|
16,061,278
|
|
Goldcrest Co. Ltd.
|
76,200
|
1,228,288
|
|
Health Care & Medical Investment Corp.
|
15,587
|
13,007,764
|
|
Hulic Co. Ltd.
|
606,900
|
5,592,375
|
|
Japan Logistics Fund, Inc.
|
3,167
|
5,646,829
|
|
JTOWER, Inc. (a)(c)
|
117,647
|
2,402,872
|
|
Katitas Co. Ltd.
|
296,300
|
3,569,782
|
|
Kyoritsu Maintenance Co. Ltd.
|
58,400
|
1,245,418
|
|
Mitsui Fudosan Logistics Park, Inc.
|
3,817
|
10,950,390
|
|
Nomura Real Estate Holdings, Inc.
|
591,400
|
16,557,507
|
|
Sekisui House Ltd.
|
217,200
|
4,991,333
|
|
Tosei Corp.
|
472,000
|
7,368,827
|
|
TOTAL JAPAN
|
106,459,288
|
||
Netherlands - 0.3%
|
|||
CTP BV (d)
|
73,100
|
1,245,077
|
|
CTP BV rights (a)(b)
|
73,100
|
21,453
|
|
TOTAL NETHERLANDS
|
1,266,530
|
||
New Zealand - 2.1%
|
|||
Arvida Group Ltd. (c)
|
12,104,311
|
7,684,487
|
|
Stride Property Group unit
|
3,576,432
|
2,613,192
|
|
TOTAL NEW ZEALAND
|
10,297,679
|
||
Singapore - 9.9%
|
|||
Digital Core (REIT)
|
3,718,900
|
2,250,381
|
|
Parkway Life REIT
|
4,448,100
|
11,675,923
|
|
Singapore Land Group Ltd.
|
7,162,100
|
9,421,940
|
|
Wing Tai Holdings Ltd.
|
22,206,481
|
23,873,917
|
|
TOTAL SINGAPORE
|
47,222,161
|
||
Spain - 2.7%
|
|||
Aedas Homes SAU (d)
|
16,132
|
322,629
|
|
Arima Real Estate SOCIMI SA (a)
|
1,052,550
|
6,762,154
|
|
Cellnex Telecom SA (d)
|
73,310
|
2,423,240
|
|
Lar Espana Real Estate Socimi SA (a)
|
299,884
|
2,185,847
|
|
Neinor Homes SLU (d)
|
111,500
|
1,249,424
|
|
TOTAL SPAIN
|
12,943,294
|
||
Sweden - 5.5%
|
|||
Catena AB
|
53,300
|
2,355,368
|
|
Heba Fastighets AB (B Shares)
|
3,606,161
|
10,651,205
|
|
Hemnet Group AB
|
45,700
|
1,198,441
|
|
JM AB (B Shares) (c)
|
117,129
|
2,013,015
|
|
Nyfosa AB
|
554,000
|
4,863,662
|
|
Swedish Logistic Property AB (a)
|
1,651,121
|
4,989,141
|
|
TOTAL SWEDEN
|
26,070,832
|
||
Switzerland - 1.4%
|
|||
Flughafen Zuerich AG
|
5,480
|
1,098,086
|
|
PSP Swiss Property AG
|
44,264
|
5,484,547
|
|
TOTAL SWITZERLAND
|
6,582,633
|
||
United Kingdom - 14.1%
|
|||
Berkeley Group Holdings PLC
|
40,500
|
2,385,603
|
|
Big Yellow Group PLC
|
344,900
|
4,654,474
|
|
Grainger Trust PLC
|
2,889,566
|
9,261,336
|
|
Harworth Group PLC
|
1,452,000
|
2,521,942
|
|
Helical PLC
|
561,500
|
1,431,310
|
|
Londonmetric Properity PLC
|
4,083,029
|
10,030,432
|
|
Rightmove PLC
|
337,900
|
2,174,448
|
|
Safestore Holdings PLC
|
434,403
|
4,198,622
|
|
Segro PLC
|
1,252,400
|
13,270,661
|
|
Shaftesbury Capital PLC
|
1,847,526
|
3,109,652
|
|
Tritax EuroBox PLC (d)
|
2,570,100
|
1,782,365
|
|
Unite Group PLC
|
808,911
|
9,379,990
|
|
Urban Logistics REIT PLC
|
2,064,653
|
2,987,509
|
|
TOTAL UNITED KINGDOM
|
67,188,344
|
||
United States of America - 1.4%
|
|||
Airbnb, Inc. Class A (a)
|
15,100
|
2,394,407
|
|
Digitalbridge Group, Inc.
|
52,200
|
858,168
|
|
Equinix, Inc.
|
4,600
|
3,271,106
|
|
TOTAL UNITED STATES OF AMERICA
|
6,523,681
|
||
TOTAL COMMON STOCKS
(Cost $486,739,709)
|
458,118,801
|
||
Money Market Funds - 3.6%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 5.39% (e)
|
12,057,144
|
12,059,556
|
|
Fidelity Securities Lending Cash Central Fund 5.39% (e)(f)
|
5,254,311
|
5,254,836
|
|
TOTAL MONEY MARKET FUNDS
(Cost $17,314,392)
|
17,314,392
|
||
TOTAL INVESTMENT IN SECURITIES - 99.7%
(Cost $504,054,101)
|
475,433,193
|
NET OTHER ASSETS (LIABILITIES) - 0.3%
|
1,380,361
|
NET ASSETS - 100.0%
|
476,813,554
|
(a)
|
Non-income producing
|
(b)
|
Security or a portion of the security purchased on a delayed delivery or when-issued basis.
|
(c)
|
Security or a portion of the security is on loan at period end.
|
(d)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $14,291,312 or 3.0% of net assets.
|
(e)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(f)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
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 5.39%
|
11,696,031
|
140,518,028
|
140,154,503
|
249,357
|
-
|
-
|
12,059,556
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 5.39%
|
6,931,294
|
99,255,529
|
100,931,987
|
62,455
|
-
|
-
|
5,254,836
|
0.0%
|
Total
|
18,627,325
|
239,773,557
|
241,086,490
|
311,812
|
-
|
-
|
17,314,392
|
|