0001752724-24-166894.txt : 20240726 0001752724-24-166894.hdr.sgml : 20240726 20240726161559 ACCESSION NUMBER: 0001752724-24-166894 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: 241147113 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 S000007463 Consumer Staples Portfolio C000020437 Consumer Staples Portfolio FDFAX C000040616 Fidelity Advisor Consumer Staples Fund: Class A FDAGX C000040618 Fidelity Advisor Consumer Staples Fund: Class C FDCGX C000040619 Fidelity Advisor Consumer Staples Fund: Class M FDTGX C000040620 Fidelity Advisor Consumer Staples Fund: Class I FDIGX C000205042 Fidelity Advisor Consumer Staples Fund: Class Z FIJCX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007463 C000040616 C000040620 C000040619 C000040618 C000205042 C000020437 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Consumer Staples Portfolio S000007463 R012TZ6N4R2K8LIOS027 2025-02-28 2024-05-31 N 1406766353.45 18203290.86 1388563062.59 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2254777.05000000 0.00000000 0.00000000 0.00000000 N BOSTON BEER COMPANY INC 529900Q02MQ0DCQNRM58 BOSTON BEER COMPANY CL A 100557107 148300.00000000 NS USD 46517261.00000000 3.350028691763 Long EC CORP US N 1 N N N LAMB WESTON HOLDINGS INC 5493005SMYID1D2OY946 LAMB WESTON HOLDINGS INC 513272104 402000.00000000 NS USD 35492580.00000000 2.556065399996 Long EC CORP US N 1 N N N PROCTER and GAMBLE CO 2572IBTT8CCZW6AU4141 PROCTER and GAMBLE CO 742718109 1185882.00000000 NS USD 195125024.28000000 14.05229834617 Long EC CORP US N 1 N N N DUCKHORN PORTFOLIO INC/THE N/A DUCKHORN PORTFOLIO INC/THE 26414D106 150900.00000000 NS USD 1217763.00000000 0.087699509860 Long EC CORP US N 1 N N BRITISH AMERICAN TOBACCO PLC 213800FKA5MF17RJKT63 BRITISH AMERICAN TOBACCO PLC N/A 1.00000000 NS 30.93000000 0.000002227482 Long EC CORP GB N 2 N N N CONSTELLATION BRANDS INC 5493005GKEG8QCVY7037 CONSTELLATION BRANDS INC CL A 21036P108 126484.00000000 NS USD 31650091.32000000 2.279341296963 Long EC CORP US N 1 N N N THE REAL GOOD FOOD COMPANY LLC N/A THE REAL GOOD FOOD COMPANY INC CLASS B UNITS N/A 54867.00000000 NS USD 0.55000000 0.000000039609 Long EC CORP US N 3 N N N ALBERTSONS COS INC 549300YKWOC0AOR16R51 ALBERTSONS COS INC 013091103 592800.00000000 NS USD 12235392.00000000 0.881154938485 Long EC CORP US N 1 N N N KIMBERLY-CLARK CORP MP3J6QPYPGN75NVW2S34 KIMBERLY CLARK CORP 494368103 48033.00000000 NS USD 6402798.90000000 0.461109694798 Long EC CORP US N 1 N N N TYSON FOODS INC WD6L6041MNRW1JE49D58 TYSON FOODS INC CL A 902494103 322766.00000000 NS USD 18478353.50000000 1.330753640063 Long EC CORP US N 1 N N N BRITISH AMERICAN TOBACCO PLC 213800FKA5MF17RJKT63 BRITISH AMERICAN TOB PLC ADR 110448107 840100.00000000 NS USD 26068303.00000000 1.877358234733 Long EC CORP GB N 1 N N N BROWN FORMAN CORP 549300873K3LXF7ARU34 BROWN FORMAN CORP NON VTG CL B 115637209 323600.00000000 NS USD 14840296.00000000 1.068752035814 Long EC CORP US N 1 N N GENERAL MILLS INC 2TGYMUGI08PO8X8L6150 GENERAL MILLS INC 370334104 166700.00000000 NS USD 11460625.00000000 0.825358624953 Long EC CORP US N 1 N N N JM SMUCKER CO/THE 5493000WDH6A0LHDJD55 JM SMUCKER CO/THE 832696405 316000.00000000 NS USD 35278240.00000000 2.540629298765 Long EC CORP US N 1 N N N BUNGE GLOBAL SA 254900IVXSV9K0B7PO26 BUNGE GLOBAL SA N/A 73793.00000000 NS USD 7939388.87000000 0.571770133017 Long EC CORP CH N 1 N N N COLGATE-PALMOLIVE CO YMEGZFW4SBUSS5BQXF88 COLGATE-PALMOLIVE CO 194162103 21900.00000000 NS USD 2035824.00000000 0.146613722836 Long EC CORP US N 1 N N N RECKITT BENCKISER GROUP PLC 5493003JFSMOJG48V108 RECKITT BENCKISER GROUP PLC N/A 37000.00000000 NS 2117634.44000000 0.152505456687 Long EC CORP GB N 2 N N N ENERGIZER HLDGS INC NEW 5493000D6NN0V57UME20 ENERGIZER HLDGS INC 29272W109 1797689.00000000 NS USD 51449859.18000000 3.705259095977 Long EC CORP US N 1 N N TREEHOUSE FOODS INC 5493007M7EVHE470Q576 TREEHOUSE FOODS INC 89469A104 404308.00000000 NS USD 14680423.48000000 1.057238513360 Long EC CORP US N 1 N N N JUUL LABS INC N/A JUUL LABS INC CLASS A P/P N/A 2112421.00000000 NS USD 2260290.47000000 0.162779100992 Long EC CORP US Y 3 N N N TARGET CORP 8WDDFXB5T1Z6J0XC1L66 TARGET CORP 87612E106 231800.00000000 NS USD 36197888.00000000 2.606859492033 Long EC CORP US N 1 N N N WALMART INC Y87794H0US1R65VBXU25 WALMART INC 931142103 1018500.00000000 NS USD 66976560.00000000 4.823443875503 Long EC CORP US N 1 N N N LAUDER ESTEE COS INC 549300VFZ8XJ9NUPU221 ESTEE LAUDER COS INC CL A 518439104 384955.00000000 NS USD 47488048.80000000 3.419941814628 Long EC CORP US N 1 N N N MONDELEZ INTERNATIONAL INC 549300DV9GIB88LZ5P30 MONDELEZ INTL INC 609207105 590597.00000000 NS USD 40473612.41000000 2.914783887057 Long EC CORP US N 1 N N N KEURIG DR PEPPER INC DYTQ8KRTKO7Y2BVU5K74 KEURIG DR PEPPER INC 49271V100 4063527.00000000 NS USD 139175799.75000000 10.02300892913 Long EC CORP US N 1 N N N COCA COLA CO UWJKFUJFZ02DKWI3RY53 COCA COLA CO 191216100 2999718.00000000 NS USD 188772253.74000000 13.59479153852 Long EC CORP US N 1 N N N CLOROX CO 54930044KVSC06Z79I06 CLOROX CO 189054109 53274.00000000 NS USD 7008727.44000000 0.504746786719 Long EC CORP US N 1 N N N METRO INC 549300KQ7DCG4IXSNW78 METRO INC 59162N109 26500.00000000 NS 1412153.78000000 0.101698930213 Long EC CORP CA N 1 N N N MONSTER BEVERAGE CORP NEW 52990090AP0E7HCB6F33 MONSTER BEVERAGE CORP 61174X109 790626.00000000 NS USD 41049301.92000000 2.956243257935 Long EC CORP US N 1 N N N NOMAD FOODS LTD 5493000ZZ1837DS2SI43 NOMAD FOODS LTD N/A 781459.00000000 NS USD 13722420.04000000 0.988246080405 Long EC CORP VG N 1 N N N PARKLAND CORP 549300UY5C6HUV0XLS53 PARKLAND CORP 70137W108 81700.00000000 NS 2357578.05000000 0.169785450406 Long EC CORP CA N 1 N N N PHILIP MORRIS INTERNATIONAL INC HL3H1H2BGXWVG3BSWR90 PHILIP MORRIS INTL INC 718172109 553182.00000000 NS USD 56081591.16000000 4.038822050717 Long EC CORP US N 1 N N N DOLLAR TREE INC 549300PMSTQITB1WHR43 DOLLAR TREE INC 256746108 38500.00000000 NS USD 4541075.00000000 0.327034120548 Long EC CORP US N 1 N N N WALGREENS BOOTS ALLIANCE INC 549300RPTUOIXG4LIH86 WALGREENS BOOTS ALLIANCE INC 931427108 383700.00000000 NS USD 6223614.00000000 0.448205354706 Long EC CORP US N 1 N N N ARITZIA INC 549300U83HKFRL1EX527 ARITZIA INC 04045U102 57100.00000000 NS 1426505.01000000 0.102732461235 Long EC CORP CA N 1 N N N SIMPLY GOOD FOODS CO N/A SIMPLY GOOD FOODS CO 82900L102 54500.00000000 NS USD 2097705.00000000 0.151070200303 Long EC CORP US N 1 N N N DIAGEO PLC 213800ZVIELEA55JMJ32 DIAGEO PLC N/A 588107.00000000 NS 19800024.54000000 1.425936284310 Long EC CORP GB N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 14667633.29200000 NS USD 14669100.06000000 1.056423035813 Long STIV RF US N 1 N N ALIMENTATION COUCHE-TARD INC 549300OSW32RVX8CCZ87 ALIMENTATION COUCHE-TARD INC 01626P148 28900.00000000 NS 1686778.68000000 0.121476562746 Long EC CORP CA N 1 N N N SYSCO CORP 5RGWIFLMGH3YS7KWI652 SYSCO CORP 871829107 108356.00000000 NS USD 7890483.92000000 0.568248150378 Long EC CORP US N 1 N N N BJS WHOLESALE CLUB HOLDINGS INC 549300UCIWH1C93V0J03 BJS WHSL CLUB HLDGS INC 05550J101 149800.00000000 NS USD 13192886.00000000 0.950110683154 Long EC CORP US N 1 N N N ARCHER DANIELS MIDLAND CO 549300LO13MQ9HYSTR83 ARCHER DANIELS MIDLAND CO 039483102 424700.00000000 NS USD 26518268.00000000 1.909763316801 Long EC CORP US N 1 N N N PEPSICO INC FJSUNZKFNQ5YPJ5OT455 PEPSICO INC 713448108 279704.00000000 NS USD 48360821.60000000 3.482796201549 Long EC CORP US N 1 N N N ALTRIA GROUP INC XSGZFLO9YTNO9VCQV219 ALTRIA GROUP INC 02209S103 408817.00000000 NS USD 18907786.25000000 1.361680053243 Long EC CORP US N 1 N N N KENVUE INC 5493008HSF8L4M2LIJ82 KENVUE INC 49177J102 4480000.00000000 NS USD 86464000.00000000 6.226868791880 Long EC CORP US N 1 N N N THE REAL GOOD FOOD COMPANY LLC N/A THE REAL GOOD FOOD COMPANY LLC CLASS B US 144A N/A 54867.00000000 NS USD 28585.71000000 0.002058654069 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_9_20240531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Consumer Staples Portfolio
May 31, 2024
FOO-NPRT1-0724
1.802172.120
Common Stocks - 100.4%
 
  
Shares
Value ($)
 
Beverages - 38.3%
 
  
  
Brewers - 3.4%
  
  
  
Boston Beer Co., Inc. Class A (a)
  
148,300
46,517,261
Distillers & Vintners - 4.9%
  
  
  
Brown-Forman Corp. Class B (non-vtg.) (b)
  
323,600
14,840,296
Constellation Brands, Inc. Class A (sub. vtg.)
 
128,184
32,075,482
Diageo PLC
 
588,107
19,800,025
Duckhorn Portfolio, Inc. (a)(b)
  
134,100
1,082,187
 
  
  
67,797,990
Soft Drinks & Non-alcoholic Beverages - 30.0%
  
  
  
Keurig Dr. Pepper, Inc.
 
4,003,727
137,127,650
Monster Beverage Corp. (a)
  
795,926
41,324,478
PepsiCo, Inc.
 
279,704
48,360,822
The Coca-Cola Co.
 
2,999,718
188,772,254
 
  
  
415,585,204
TOTAL BEVERAGES
  
  
529,900,455
Consumer Staples Distribution & Retail - 10.8%
 
  
  
Consumer Staples Merchandise Retail - 8.7%
  
  
  
BJ's Wholesale Club Holdings, Inc. (a)
  
131,000
11,537,170
Dollar Tree, Inc. (a)
  
38,500
4,541,075
Target Corp.
 
236,300
36,900,608
Walmart, Inc.
 
1,029,100
67,673,616
 
  
  
120,652,469
Drug Retail - 0.4%
  
  
  
Walgreens Boots Alliance, Inc.
 
383,700
6,223,614
Food Distributors - 0.6%
  
  
  
Sysco Corp.
 
108,356
7,890,484
Food Retail - 1.1%
  
  
  
Albertsons Companies, Inc.
 
592,800
12,235,392
Alimentation Couche-Tard, Inc. Class A (multi-vtg.)
 
28,900
1,686,779
Metro, Inc.
 
26,500
1,412,154
 
  
  
15,334,325
TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL
  
  
150,100,892
Food Products - 14.9%
 
  
  
Agricultural Products & Services - 2.5%
  
  
  
Archer Daniels Midland Co.
 
424,700
26,518,268
Bunge Global SA
 
73,793
7,939,389
 
  
  
34,457,657
Packaged Foods & Meats - 12.4%
  
  
  
General Mills, Inc.
 
166,700
11,460,625
Lamb Weston Holdings, Inc.
 
402,000
35,492,580
Mondelez International, Inc.
 
590,597
40,473,612
Nomad Foods Ltd.
 
781,459
13,722,420
The J.M. Smucker Co.
 
316,000
35,278,240
The Real Good Food Co. LLC:
  
  
  
 Class B (a)(c)
  
54,867
1
 Class B unit (a)(d)
  
54,867
28,586
The Simply Good Foods Co. (a)
  
54,500
2,097,705
TreeHouse Foods, Inc. (a)
  
404,308
14,680,423
Tyson Foods, Inc. Class A
 
322,766
18,478,354
 
  
  
171,712,546
TOTAL FOOD PRODUCTS
  
  
206,170,203
Household Products - 19.0%
 
  
  
Household Products - 19.0%
  
  
  
Colgate-Palmolive Co.
 
21,900
2,035,824
Energizer Holdings, Inc. (b)
  
1,797,689
51,449,859
Kimberly-Clark Corp.
 
48,033
6,402,799
Procter & Gamble Co.
 
1,181,682
194,433,956
Reckitt Benckiser Group PLC
 
37,000
2,117,634
The Clorox Co.
 
53,274
7,008,727
 
  
  
263,448,799
Oil, Gas & Consumable Fuels - 0.2%
 
  
  
Oil & Gas Refining & Marketing - 0.2%
  
  
  
Parkland Corp.
 
81,700
2,357,578
Personal Care Products - 9.7%
 
  
  
Personal Care Products - 9.7%
  
  
  
Estee Lauder Companies, Inc. Class A
 
384,955
47,488,049
Kenvue, Inc.
 
4,494,400
86,741,920
 
  
  
134,229,969
Specialty Retail - 0.1%
 
  
  
Apparel Retail - 0.1%
  
  
  
Aritzia, Inc. (a)
  
57,100
1,426,505
Tobacco - 7.4%
 
  
  
Tobacco - 7.4%
  
  
  
Altria Group, Inc.
 
399,917
18,496,161
British American Tobacco PLC:
  
  
  
 (United Kingdom)
 
1
31
 sponsored ADR
 
840,100
26,068,303
JUUL Labs, Inc. Class A (a)(c)(e)(f)
  
2,112,421
2,260,290
Philip Morris International, Inc.
 
553,182
56,081,591
 
  
  
102,906,376
 
TOTAL COMMON STOCKS
 (Cost $1,092,674,461)
  
  
  
1,390,540,777
 
  
  
  
Money Market Funds - 1.1%
 
  
Shares
Value ($)
 
Fidelity Securities Lending Cash Central Fund 5.39% (g)(h)
 
 (Cost $14,729,375)
 
  
14,727,902
14,729,375
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.5%
 (Cost $1,107,403,836)
 
  
 
1,405,270,152
NET OTHER ASSETS (LIABILITIES) - (1.5)%  
(20,582,000)
NET ASSETS - 100.0%
1,384,688,152
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Level 3 security
 
(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 $28,586 or 0.0% of net assets.
 
(e)
Security or a portion of the security purchased on a delayed delivery or when-issued basis.
 
(f)
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 $2,260,290 or 0.2% of net assets.
 
(g)
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.
 
(h)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
JUUL Labs, Inc. Class A
2/23/24
2,254,777
 
  
  
 
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%
1,663,301
21,897,102
23,560,403
21,091
-
-
-
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
7,105,725
88,313,467
80,689,817
1,931
-
-
14,729,375
0.1%
Total
8,769,026
110,210,569
104,250,220
23,022
-
-
14,729,375
  
 
  
  
  
  
  
  
  
  
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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