0001752724-24-166912.txt : 20240726 0001752724-24-166912.hdr.sgml : 20240726 20240726161732 ACCESSION NUMBER: 0001752724-24-166912 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: 241147156 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 S000007493 Tech Hardware Portfolio C000020467 Tech Hardware Portfolio FDCPX NPORT-P 1 primary_doc.xml NPORT-P false 0000320351 XXXXXXXX S000007493 C000020467 Fidelity Select Portfolios 811-03114 0000320351 Z57125JG1LHEQKDYS630 245 Summer Street Boston 02210 1-800-FIDELITY Select Tech Hardware Portfolio S000007493 1P3CTNNPOO0WY5C7OU89 2025-02-28 2024-05-31 N 953519422.62 4570187.95 948949234.67 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 33635.20000000 N SAMSUNG ELECTRONICS CO LTD 9884007ER46L6N7EI764 SAMSUNG ELECTRONICS CO LTD N/A 2107712.00000000 NS 111815900.19000000 11.78312770639 Long EC CORP KR N 2 N N N DELL TECHNOLOGIES INC 549300TJB5YBRUPOG437 DELL TECHNOLOGIES INC CL C 24703L202 255462.00000000 NS USD 35652276.72000000 3.757026763649 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 473781.00000000 NS USD 91084397.25000000 9.598447832846 Long EC CORP US N 1 N N N JABIL INC 5493000CGCQY2OQU7669 JABIL INC 466313103 110282.00000000 NS USD 13112529.80000000 1.381794654648 Long EC CORP US N 1 N N N INSIGHT ENTERPRISES INC 529900S8991TYW6YP792 INSIGHT ENTERPRISES INC 45765U103 92791.00000000 NS USD 18140640.50000000 1.911655527738 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 MICROSOFT CORP 594918104 67137.00000000 NS USD 27870582.81000000 2.936994076368 Long EC CORP US N 1 N N N VAST DATA LTD N/A VAST DATA LTD SER A PC PP N/A 5512.00000000 NS USD 99216.00000000 0.010455353814 Long EP CORP US Y 3 N N N VAST DATA LTD N/A VAST DATA LTD SER B PC PP N/A 12418.00000000 NS USD 223524.00000000 0.023554895439 Long EP CORP US Y 3 N N N META PLATFORMS INC BQ4BKCS1HXDV9HN80Z93 META PLATFORMS INC CL A 30303M102 25268.00000000 NS USD 11795860.44000000 1.243044412602 Long EC CORP US N 1 N N N KYOCERA CORP N/A KYOCERA CORP N/A 542400.00000000 NS 6148580.66000000 0.647935678259 Long EC CORP JP N 2 N N N VERTIV HOLDINGS CO 549300KTTIRAOGXCRV69 VERTIV HOLDINGS CO 92537N108 91739.00000000 NS USD 8996843.73000000 0.948084829124 Long EC CORP US N 1 N N N VAST DATA LTD N/A VAST DATA LTD SER A-1 PC PP N/A 13567.00000000 NS USD 244206.00000000 0.025734358707 Long EP CORP US Y 3 N N N CIENA CORP W0CZ7N0GH8UIGXDM1H41 CIENA CORP 171779309 391606.00000000 NS USD 18863661.02000000 1.987847224152 Long EC CORP US N 1 N N N SUPER MICRO COMPUTER INC 54930022CZO1N2UGVW07 SUPER MICRO COMPUTER INC 86800U104 18417.00000000 NS USD 14448320.67000000 1.522559915971 Long EC CORP US N 1 N N N XIAOMI CORP N/A XIAOMI CORP B N/A 5010777.00000000 NS 11219868.56000000 1.182346552384 Long EC CORP KY N 2 N N N MARVELL TECHNOLOGY INC N/A MARVELL TECHNOLOGY INC 573874104 80938.00000000 NS USD 5569343.78000000 0.586895860866 Long EC CORP US N 1 N N N PURE STORAGE INC 549300NPDB0BZTK3WO90 PURE STORAGE INC CL A 74624M102 446297.00000000 NS USD 26907246.13000000 2.835477931478 Long EC CORP US N 1 N N INFINERA CORP 549300ZOF66WPV3H0H17 INFINERA CORP 45667G103 636178.00000000 NS USD 3638938.16000000 0.383470266590 Long EC CORP US N 1 N N VAST DATA LTD N/A VAST DATA LTD SER A-2 PC PP N/A 15607.00000000 NS USD 280926.00000000 0.029603901845 Long EP CORP US Y 3 N N N NINTENDO CO LTD 353800FEEXU6I9M0ZF27 NINTENDO CO LTD N/A 248693.00000000 NS 13524048.56000000 1.425160384338 Long EC CORP JP N 2 N N N SEAGATE TECHNOLOGY HOLDINGS PLC 635400RUXIFEZSRU8X70 SEAGATE TECHNOLOGY HOLDINGS PLC N/A 322986.00000000 NS USD 30115214.64000000 3.173532739132 Long EC CORP IE N 1 N N N TAIWAN SEMICONDUCTOR MFG CO LTD 549300KB6NK5SBD14S87 TAIWAN SEMICONDUCTOR MFG CO LTD N/A 1215606.00000000 NS 31048658.89000000 3.271898828265 Long EC CORP TW N 2 N N N SONY GROUP CORP 529900R5WX9N2OI2N910 SONY GROUP CORP N/A 816360.00000000 NS 67023772.34000000 7.062946034548 Long EC CORP JP N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 22508521.14400000 NS USD 22513022.85000000 2.372415934117 Long STIV RF US N 1 N N N PALO ALTO NETWORKS INC 549300QXR2YVZV231H43 PALO ALTO NETWORKS INC 697435105 134405.00000000 NS USD 39637378.55000000 4.176975659165 Long EC CORP US N 1 N N N FUJIFILM HLDGS CORP 529900UBKMFM0ST6H474 FUJIFILM HOLDINGS CORP N/A 1880256.00000000 NS 42937102.25000000 4.524699602601 Long EC CORP JP N 2 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 193688.00000000 NS USD 43312510.56000000 4.564260023357 Long EC CORP US N 1 N N N WIWYNN CORP 254900FV2R15PMKXFL69 WIWYNN CORP N/A 220418.00000000 NS 16825958.58000000 1.773114721553 Long EC CORP TW N 2 N N N VAST DATA LTD N/A VAST DATA LTD SER C PC PP N/A 362.00000000 NS USD 6516.00000000 0.000686654223 Long EP CORP US Y 3 N N N HP INC WHKXQACZ14C5XRO8LW03 HP INC 40434L105 236864.00000000 NS USD 8645536.00000000 0.911064120622 Long EC CORP US N 1 N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 MOTOROLA SOLUTIONS INC 620076307 179552.00000000 NS USD 65520320.32000000 6.904512689004 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 3912958.72000000 NS USD 3913350.02000000 0.412387710219 Long STIV RF US N 1 N N VAST DATA LTD N/A VAST DATA LTD SER E PC PP N/A 11867.00000000 NS USD 213606.00000000 0.022509739425 Long EP CORP US Y 3 N N N GIGA-BYTE TECHNOLOGY CO LTD 2549001BU3CG63KSN047 GIGABYTE TECHNOLOGY CO LTD N/A 816000.00000000 NS 8044656.12000000 0.847743570054 Long EC CORP TW N 2 N N N RENESAS ELECTRONICS CORP 5299000EPC47VJQOFB81 RENESAS ELECTRONICS CORP N/A 601126.00000000 NS 11076719.79000000 1.167261575784 Long EC CORP JP N 2 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 1708828.00000000 NS USD 79460502.00000000 8.373525062974 Long EC CORP US N 1 N N N ARISTA NETWORKS INC 635400H1WKBLOQERUU95 ARISTA NETWORKS INC 040413106 208504.00000000 NS USD 62061215.60000000 6.539993219087 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_7_20240531.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Select Portfolios®
Tech Hardware Portfolio
May 31, 2024
COM-NPRT1-0724
1.802161.120
Common Stocks - 99.6%
 
  
Shares
Value ($)
 
Communications Equipment - 26.5%
 
  
  
Communications Equipment - 26.5%
  
  
  
Arista Networks, Inc. (a)
  
209,204
62,269,571
Ciena Corp. (a)
  
395,606
19,056,341
Cisco Systems, Inc.
 
2,201,828
102,385,002
Infinera Corp. (a)(b)
  
636,178
3,638,938
Motorola Solutions, Inc.
 
174,252
63,586,297
 
  
  
250,936,149
Electrical Equipment - 1.0%
 
  
  
Electrical Components & Equipment - 1.0%
  
  
  
Vertiv Holdings Co.
 
95,239
9,340,089
Electronic Equipment, Instruments & Components - 8.3%
 
  
  
Electronic Components - 0.7%
  
  
  
Kyocera Corp.
 
542,400
6,148,581
Electronic Manufacturing Services - 1.3%
  
  
  
Jabil, Inc.
 
106,882
12,708,270
Technology Distributors - 6.3%
  
  
  
CDW Corp.
 
187,888
42,015,515
Insight Enterprises, Inc. (a)
  
91,291
17,847,391
 
  
  
59,862,906
TOTAL ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS
  
  
78,719,757
Entertainment - 1.4%
 
  
  
Interactive Home Entertainment - 1.4%
  
  
  
Nintendo Co. Ltd.
 
244,993
13,322,841
Household Durables - 4.1%
 
  
  
Consumer Electronics - 4.1%
  
  
  
Sony Group Corp.
 
476,760
39,142,356
Interactive Media & Services - 1.2%
 
  
  
Interactive Media & Services - 1.2%
  
  
  
Meta Platforms, Inc. Class A
 
25,268
11,795,860
Semiconductors & Semiconductor Equipment - 5.1%
 
  
  
Semiconductors - 5.1%
  
  
  
Marvell Technology, Inc.
 
80,938
5,569,344
Renesas Electronics Corp.
 
647,326
11,928,030
Taiwan Semiconductor Manufacturing Co. Ltd.
 
1,215,606
31,048,659
 
  
  
48,546,033
Software - 7.2%
 
  
  
Systems Software - 7.2%
  
  
  
Microsoft Corp.
 
68,837
28,576,304
Palo Alto Networks, Inc. (a)
  
134,405
39,637,379
 
  
  
68,213,683
Technology Hardware, Storage & Peripherals - 44.8%
 
  
  
Technology Hardware, Storage & Peripherals - 44.8%
  
  
  
Apple, Inc.
 
580,081
111,520,572
Dell Technologies, Inc.
 
324,162
45,240,049
FUJIFILM Holdings Corp.
 
1,860,356
42,482,670
Gigabyte Technology Co. Ltd.
 
816,000
8,044,656
HP, Inc.
 
214,964
7,846,186
Pure Storage, Inc. Class A (a)(b)
  
446,297
26,907,246
Samsung Electronics Co. Ltd.
 
2,107,712
111,815,896
Seagate Technology Holdings PLC
 
304,386
28,380,951
Super Micro Computer, Inc. (a)
  
18,917
14,840,576
Wiwynn Corp.
 
220,418
16,825,959
Xiaomi Corp. Class B (a)(c)
  
5,010,777
11,219,869
 
  
  
425,124,630
 
TOTAL COMMON STOCKS
 (Cost $618,358,404)
  
  
  
945,141,398
 
  
  
  
Convertible Preferred Stocks - 0.1%
 
  
Shares
Value ($)
 
Electronic Equipment, Instruments & Components - 0.1%
 
  
  
Technology Distributors - 0.1%
  
  
  
VAST Data Ltd.:
  
  
  
 Series A (d)(e)
  
5,512
99,216
 Series A1 (d)(e)
  
13,567
244,206
 Series A2 (d)(e)
  
15,607
280,926
 Series B (d)(e)
  
12,418
223,524
 Series C (d)(e)
  
362
6,516
 Series E (d)(e)
  
11,867
213,606
(Cost $783,200)
  
  
1,067,994
 
  
  
  
Money Market Funds - 2.8%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (f)
  
22,508,521
22,513,023
Fidelity Securities Lending Cash Central Fund 5.39% (f)(g)
  
3,754,325
3,754,700
 
TOTAL MONEY MARKET FUNDS
 (Cost $26,267,723)
  
  
26,267,723
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 102.5%
 (Cost $645,409,327)
 
  
 
972,477,115
NET OTHER ASSETS (LIABILITIES) - (2.5)%  
(23,576,082)
NET ASSETS - 100.0%
948,901,033
 
  
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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 $11,219,869 or 1.2% of net assets.
 
(d)
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 $1,067,994 or 0.1% of net assets.
 
(e)
Level 3 security
 
(f)
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.
 
(g)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
VAST Data Ltd. Series A
11/28/23
60,632
 
  
  
VAST Data Ltd. Series A1
11/28/23
149,237
 
  
  
VAST Data Ltd. Series A2
11/28/23
171,677
 
  
  
VAST Data Ltd. Series B
11/28/23
136,598
 
  
  
VAST Data Ltd. Series C
11/28/23
3,982
 
  
  
VAST Data Ltd. Series E
11/28/23
261,074
 
  
  
 
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%
1,916,079
44,949,310
24,352,095
88,057
(271)
-
22,513,023
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
3,339,525
73,315,386
72,900,211
1,761
-
-
3,754,700
0.0%
Total
5,255,604
118,264,696
97,252,306
89,818
(271)
-
26,267,723
  
 
  
  
  
  
  
  
  
  
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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