0001752724-24-166871.txt : 20240726 0001752724-24-166871.hdr.sgml : 20240726 20240726161428 ACCESSION NUMBER: 0001752724-24-166871 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240531 FILED AS OF DATE: 20240726 DATE AS OF CHANGE: 20240726 PERIOD START: 20250228 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: 241147047 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 S000007464 Automotive Portfolio C000020438 Automotive Portfolio FSAVX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007464 C000020438 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Automotive Portfolio S000007464 DJFGYJUADI1Y9MNQVT11 2025-02-28 2024-05-31 N 101751431.92 17529772.39 84221659.53 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 GENERAL MOTORS CO 54930070NSV60J38I987 GENERAL MOTORS CO 37045V100 115438.00000000 NS USD 5193555.62000000 6.166532040549 Long EC CORP US N 1 N N N GENUINE PARTS CO 549300D46DQVEU651W04 GENUINE PARTS CO 372460105 19214.00000000 NS USD 2769505.96000000 3.288353584404 Long EC CORP US N 1 N N N CELLINK CORP N/A CELLINK CORP SER D PC PP N/A 3700.00000000 NS USD 28823.00000000 0.034222788010 Long EP CORP US Y 3 N N N FORD MOTOR CO 20S05OYHG0MQM4VUIC57 FORD MOTOR CO 345370860 233539.00000000 NS USD 2832828.07000000 3.363538650043 Long EC CORP US N 1 N N N RIVIAN AUTOMOTIVE INC 25490004LNKJ84MFYY24 RIVIAN AUTOMOTIVE INC 76954A103 131457.00000000 NS USD 1435510.44000000 1.704443308302 Long EC CORP US N 1 N N AUTOZONE INC GA3JGKJ41LJKXDN23E90 AUTOZONE INC 053332102 1366.00000000 NS USD 3783738.04000000 4.492594970361 Long EC CORP US N 1 N N N CARVANA CO 5493003WEAK2PJ5WS063 CARVANA CO CL A 146869102 19987.00000000 NS USD 1998300.26000000 2.372667875640 Long EC CORP US N 1 N N N FERRARI NV 549300RIVY5EX8RCON76 FERRARI NV N/A 14019.00000000 NS USD 5761809.00000000 6.841243727746 Long EC CORP NL N 1 N N N ADIENT PLC 5493002QLDY8O75RTR78 ADIENT PLC N/A 32713.00000000 NS USD 923815.12000000 1.096885439155 Long EC CORP IE N 1 N N N LI AUTO INC 2549003R73Q70J5H4I65 LI AUTO INC ADR 50202M102 92182.00000000 NS USD 1866685.50000000 2.216396008363 Long EC CORP KY N 1 N N GROUP 1 AUTOMOTIVE INC 549300US8QAZJLWYAF63 GROUP 1 AUTOMOTIVE INC 398905109 1300.00000000 NS USD 404274.00000000 0.480011914103 Long EC CORP US N 1 N N N TESLA INC 54930043XZGB27CTOV49 TESLA INC 88160R101 39796.00000000 NS USD 7086871.68000000 8.414547658581 Long EC CORP US N 1 N N N GENTEX CORP 549300S3UD8XV1MN0287 GENTEX CORP 371901109 34097.00000000 NS USD 1193395.00000000 1.416969229364 Long EC CORP US N 1 N N N RUSH ENTERPRISES INC 529900V3XHTN7A6DFT17 RUSH ENTERPRISES INC CL A 781846209 10914.00000000 NS USD 492548.82000000 0.584824405917 Long EC CORP US N 1 N N N APTIV PLC 254900HTTDFIJZ32GX53 APTIV PLC N/A 47602.00000000 NS USD 3963342.52000000 4.705847096955 Long EC CORP JE N 1 N N N LKQ CORP DS830JTTZQN6GK0I2E41 LKQ CORP 501889208 52200.00000000 NS USD 2246166.00000000 2.666969533175 Long EC CORP US N 1 N N N OREILLY AUTOMOTIVE INC 549300K2RLMQL149Q332 O'REILLY AUTOMOTIVE INC 67103H107 6865.00000000 NS USD 6612779.90000000 7.851638090370 Long EC CORP US N 1 N N N LEAR CORP 549300UPNBTXA1SYTQ33 LEAR CORP NEW 521865204 10777.00000000 NS USD 1350896.95000000 1.603978071126 Long EC CORP US N 1 N N N NIO INC 549300JBU4TV5OCKJV96 NIO INC ADR 62914V106 76401.00000000 NS USD 411801.39000000 0.488949508117 Long EC CORP KY N 1 N N HONDA MOTOR CO LTD 549300P7ZYCQJ36CCS16 HONDA MOTOR LTD SPON ADR 438128308 116057.00000000 NS USD 3936653.44000000 4.674158003972 Long EC CORP JP N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 1164.91700000 NS USD 1165.15000000 0.001383432725 Long STIV RF US N 1 N N N ACV AUCTIONS INC N/A ACV AUCTIONS INC CL A 00091G104 83979.00000000 NS USD 1499025.15000000 1.779857056207 Long EC CORP US N 1 N N N TOYOTA MOTOR CORP 5493006W3QUS5LMH6R84 TOYOTA MOTOR CORP ADR 2 892331307 40676.00000000 NS USD 8847436.76000000 10.50494232644 Long EC CORP JP N 1 N N STELLANTIS NV 549300LKT9PW7ZIBDF31 STELLANTIS NV N/A 243461.00000000 NS USD 5421876.47000000 6.437627209267 Long EC CORP NL N 1 N N ADVANCE AUTO PARTS INC 529900UCNQ5H9FSL0Y70 ADVANCE AUTO PARTS INC 00751Y106 10751.00000000 NS USD 759450.64000000 0.901728420264 Long EC CORP US N 1 N N N NOVEM GROUP SA N/A NOVEM GROUP SA N/A 35152.00000000 NS 224400.00000000 0.266439774818 Long EC CORP LU N 2 N N N LITHIA MOTORS INC SE8N1EZEHPZQBCBVKD53 LITHIA MOTORS INC CL A 536797103 5382.00000000 NS USD 1362399.48000000 1.617635519892 Long EC CORP US N 1 N N N AUTONATION INC DEL N/A AUTONATION INC 05329W102 6864.00000000 NS USD 1168596.00000000 1.387524309686 Long EC CORP US N 1 N N N COPART INC 549300KVYX3JWMYEHU61 COPART INC 217204106 77343.00000000 NS USD 4103819.58000000 4.872641554323 Long EC CORP US N 1 N N N XPENG INC 549300TZNMIREMWQU857 XPENG INC ADR 98422D105 20415.00000000 NS USD 169648.65000000 0.201431141284 Long EC CORP KY N 1 N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 17454364.36000000 NS USD 17456109.80000000 20.72639021531 Long STIV RF US N 1 N N MAGNA INTERNATIONAL INC 95RWVLFZX6VGDZNNTN43 MAGNA INTL INC 559222401 18756.00000000 NS 848523.39000000 1.007488328697 Long EC CORP CA N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 23450.00000000 NS USD 1513932.00000000 1.797556600580 Long EC CORP US N 1 N N N AUTOLIV INC A23RUXWKASG834LTMK28 AUTOLIV INC 052800109 30208.00000000 NS USD 3853634.56000000 4.575586115858 Long EC CORP US N 1 N N N 2024-06-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_502_20240531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Automotive Portfolio
May 31, 2024
AUT-NPRT1-0724
1.802154.120
Common Stocks - 99.8%
 
 
Shares
Value ($)
 
Automobile Components - 14.7%
 
 
 
Automotive Parts & Equipment - 14.7%
 
 
 
Adient PLC (a)
 
32,713
923,815
Aptiv PLC (a)
 
47,602
3,963,343
Autoliv, Inc.
 
30,208
3,853,635
Gentex Corp.
 
34,097
1,193,395
Lear Corp.
 
10,777
1,350,897
Magna International, Inc. Class A (sub. vtg.)
 
18,756
848,523
Novem Group SA
 
33,952
216,740
 
 
 
12,350,348
Automobiles - 51.0%
 
 
 
Automobile Manufacturers - 51.0%
 
 
 
Ferrari NV
 
14,019
5,761,809
Ford Motor Co.
 
233,539
2,832,828
General Motors Co.
 
115,438
5,193,556
Honda Motor Co. Ltd. sponsored ADR
 
116,057
3,936,653
Li Auto, Inc. ADR (a)(b)
 
92,182
1,866,686
NIO, Inc. sponsored ADR (a)(b)
 
76,401
411,801
Rivian Automotive, Inc. (a)(b)
 
131,457
1,435,510
Stellantis NV (b)
 
243,461
5,421,876
Tesla, Inc. (a)
 
39,796
7,086,872
Toyota Motor Corp. sponsored ADR (b)
 
40,676
8,847,436
XPeng, Inc. ADR (a)(b)
 
20,415
169,649
 
 
 
42,964,676
Commercial Services & Supplies - 6.6%
 
 
 
Diversified Support Services - 6.6%
 
 
 
ACV Auctions, Inc. Class A (a)
 
83,979
1,499,025
Copart, Inc.
 
77,343
4,103,820
 
 
 
5,602,845
Distributors - 6.0%
 
 
 
Distributors - 6.0%
 
 
 
Genuine Parts Co.
 
19,214
2,769,506
LKQ Corp.
 
52,200
2,246,166
 
 
 
5,015,672
Ground Transportation - 1.8%
 
 
 
Passenger Ground Transportation - 1.8%
 
 
 
Uber Technologies, Inc. (a)
 
23,450
1,513,932
Specialty Retail - 19.1%
 
 
 
Automotive Retail - 19.1%
 
 
 
Advance Auto Parts, Inc.
 
10,751
759,451
AutoNation, Inc. (a)
 
6,864
1,168,596
AutoZone, Inc. (a)
 
1,366
3,783,738
Carvana Co. Class A (a)
 
19,987
1,998,300
Group 1 Automotive, Inc.
 
1,300
404,274
Lithia Motors, Inc. Class A (sub. vtg.)
 
5,382
1,362,399
O'Reilly Automotive, Inc. (a)
 
6,865
6,612,780
 
 
 
16,089,538
Trading Companies & Distributors - 0.6%
 
 
 
Trading Companies & Distributors - 0.6%
 
 
 
Rush Enterprises, Inc. Class A
 
10,914
492,549
 
TOTAL COMMON STOCKS
 (Cost $51,967,531)
 
 
 
84,029,560
 
 
 
 
Convertible Preferred Stocks - 0.1%
 
 
Shares
Value ($)
 
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
Electronic Components - 0.1%
 
 
 
CelLink Corp. Series D (a)(c)(d)
 
  (Cost $77,048)
 
 
3,700
28,823
 
 
 
 
Money Market Funds - 20.0%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (e)
 
1,165
1,165
Fidelity Securities Lending Cash Central Fund 5.39% (e)(f)
 
16,840,626
16,842,310
 
TOTAL MONEY MARKET FUNDS
 (Cost $16,843,475)
 
 
16,843,475
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 119.9%
 (Cost $68,888,054)
 
 
 
100,901,858
NET OTHER ASSETS (LIABILITIES) - (19.9)%  
(16,714,707)
NET ASSETS - 100.0%
84,187,151
 
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues).  At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $28,823 or 0.0% of net assets.
 
(d)
Level 3 security
 
(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.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
CelLink Corp. Series D
1/20/22
77,048
 
 
 
 
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 5.39%
-
4,484,927
4,483,784
1,545
22
-
1,165
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
18,677,977
75,605,063
77,440,730
39,791
-
-
16,842,310
0.1%
Total
18,677,977
80,089,990
81,924,514
41,336
22
-
16,843,475
 
 
 
 
 
 
 
 
 
 
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.
 
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.