0001752724-24-071963.txt : 20240327 0001752724-24-071963.hdr.sgml : 20240327 20240327162310 ACCESSION NUMBER: 0001752724-24-071963 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240327 DATE AS OF CHANGE: 20240327 PERIOD START: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SALEM STREET TRUST CENTRAL INDEX KEY: 0000035315 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-02105 FILM NUMBER: 24791011 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 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FIXED INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FLEXIBLE BOND FUND DATE OF NAME CHANGE: 19860904 FORMER COMPANY: 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CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 653497.00000000 NS USD 334420554.78000000 1.642064367652 Long EC CORP US N 1 N N N NCINO INC N/A NCINO INC 63947X101 5180.00000000 NS USD 163066.40000000 0.000800685009 Long EC CORP US N 1 N N N XP INC 5493008KDA8NBZRJST80 XP INC CL A N/A 22277.00000000 NS USD 547568.66000000 0.002688659451 Long EC CORP KY N 1 N N N CABLE ONE INC 549300648QS85T0XSH18 CABLE ONE INC 12685J105 329.00000000 NS USD 180597.97000000 0.000886768134 Long EC CORP US N 1 N N N UNIVERSAL DISPLAY CORP N/A UNIVERSAL DISPLAY CORP 91347P105 17612.00000000 NS USD 2989989.24000000 0.014681378642 Long EC CORP US N 1 N N N SIMON PROPERTY GROUP INC 529900GQL5X8H7AO3T64 SIMON PPTY GROUP INC - REIT 828806109 59094.00000000 NS USD 8191019.34000000 0.040219360923 Long EC CORP US N 1 N N N RPM INTERNATIONAL INC 549300TJCKW4BRXPJ474 RPM INTERNATIONAL INC 749685103 20315.00000000 NS USD 2166797.90000000 0.010639362840 Long EC CORP US N 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0.002582503176 Long EC CORP US N 1 N N N TRACTOR SUPPLY CO 549300OJ9VZHZRO6I137 TRACTOR SUPPLY CO. 892356106 91490.00000000 NS USD 20548654.00000000 0.100897543689 Long EC CORP US N 1 N N VISTRA CORP 549300KP43CPCUJOOG15 VISTRA CORP 92840M102 88287.00000000 NS USD 3622415.61000000 0.017786704534 Long EC CORP US N 1 N N N OLLIES BARGAIN OUTLET HLDGS INC 529900YO5DSQCPEFDZ05 OLLIES BARGAIN OUTLET HOLDINGS INC 681116109 16511.00000000 NS USD 1187636.23000000 0.005831504993 Long EC CORP US N 1 N N N ARISTA NETWORKS INC 635400H1WKBLOQERUU95 ARISTA NETWORKS INC 040413106 209544.00000000 NS USD 54204841.92000000 0.266155408807 Long EC CORP US N 1 N N N ROCKWELL AUTOMATION INC VH3R4HHBHH12O0EXZJ88 ROCKWELL AUTOMATION INC 773903109 96001.00000000 NS USD 24315133.28000000 0.119391626450 Long EC CORP US N 1 N N N MOODYS CORP 549300GCEDD8YCF5WU84 MOODYS CORP 615369105 120956.00000000 NS USD 47419590.24000000 0.232838616971 Long EC CORP US N 1 N N N TERADATA CORP DEL 549300JU9SOUHV4U4R71 TERADATA CORP 88076W103 82915.00000000 NS USD 3829014.70000000 0.018801142789 Long EC CORP US N 1 N N N NEW FORTRESS ENERGY INC 254900EICTYTCHA5X705 NEW FORTRESS ENERGY INC 644393100 54092.00000000 NS USD 1797477.16000000 0.008825932359 Long EC CORP US N 1 N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO 025816109 159049.00000000 NS USD 31927496.26000000 0.156769681790 Long EC CORP US N 1 N N N AMERIPRISE FINL INC 6ZLKQF7QB6JAEKQS5388 AMERIPRISE FINANCIAL INC 03076C106 85733.00000000 NS USD 33164096.39000000 0.162841608235 Long EC CORP US N 1 N N N JAZZ PHARMACEUTICALS PLC 635400GAUMJCLEZRRV50 JAZZ PHARMA PLC N/A 26368.00000000 NS USD 3235880.96000000 0.015888750695 Long EC CORP IE N 1 N N N RINGCENTRAL INC 549300C8EH0H1614VE84 RINGCENTRAL INC CL A 76680R206 71287.00000000 NS USD 2415916.43000000 0.011862579103 Long EC CORP US N 1 N N SMARTSHEET INC 549300N9WF42OK9VL589 SMARTSHEET INC 83200N103 106813.00000000 NS USD 4803380.61000000 0.023585452602 Long EC CORP US N 1 N N N 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Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_2823_20240131.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Large Cap Growth Index Fund
January 31, 2024
LC1-NPRT3-0324
1.9871049.107
Common Stocks - 99.8%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 11.6%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Iridium Communications, Inc.
 
96,060
3,483,136
Entertainment - 1.3%
 
 
 
Live Nation Entertainment, Inc. (a)
 
29,577
2,627,916
Netflix, Inc. (a)
 
361,605
203,984,997
Playtika Holding Corp. (a)
 
16,263
117,419
Roblox Corp. (a)
 
388,586
15,081,023
Roku, Inc. Class A (a)
 
12,791
1,126,375
Spotify Technology SA (a)
 
117,344
25,270,030
TKO Group Holdings, Inc.
 
50,743
4,246,682
 
 
 
252,454,442
Interactive Media & Services - 10.0%
 
 
 
Alphabet, Inc.:
 
 
 
 Class A (a)
 
4,977,193
697,304,739
 Class C (a)
 
4,204,068
596,136,842
Match Group, Inc. (a)
 
210,182
8,066,785
Meta Platforms, Inc. Class A
 
1,852,599
722,772,974
Pinterest, Inc. Class A (a)
 
489,850
18,354,680
Zoominfo Technologies, Inc. (a)
 
130,382
2,091,327
 
 
 
2,044,727,347
Media - 0.3%
 
 
 
Cable One, Inc.
 
329
180,598
Charter Communications, Inc. Class A (a)
 
84,327
31,260,862
Liberty Broadband Corp.:
 
 
 
 Class A (a)
 
2,904
225,989
 Class C (a)
 
20,113
1,577,865
Nexstar Media Group, Inc. Class A
 
9,608
1,707,438
The Trade Desk, Inc. (a)
 
368,905
25,244,169
 
 
 
60,196,921
TOTAL COMMUNICATION SERVICES
 
 
2,360,861,846
CONSUMER DISCRETIONARY - 14.8%
 
 
 
Automobiles - 2.1%
 
 
 
Tesla, Inc. (a)
 
2,310,961
432,819,886
Broadline Retail - 5.8%
 
 
 
Amazon.com, Inc. (a)
 
7,546,051
1,171,147,115
Coupang, Inc. Class A (a)
 
917,110
12,839,540
eBay, Inc.
 
27,641
1,135,216
Etsy, Inc. (a)
 
57,553
3,830,728
Ollie's Bargain Outlet Holdings, Inc. (a)
 
16,511
1,187,636
 
 
 
1,190,140,235
Distributors - 0.1%
 
 
 
Pool Corp.
 
31,795
11,803,894
Diversified Consumer Services - 0.1%
 
 
 
Bright Horizons Family Solutions, Inc. (a)
 
5,928
582,426
Grand Canyon Education, Inc. (a)
 
6,938
906,033
H&R Block, Inc.
 
78,952
3,698,112
Service Corp. International
 
44,754
3,003,888
 
 
 
8,190,459
Hotels, Restaurants & Leisure - 2.9%
 
 
 
Airbnb, Inc. Class A (a)
 
339,432
48,925,728
Booking Holdings, Inc. (a)
 
29,885
104,820,741
Caesars Entertainment, Inc. (a)
 
70,417
3,089,194
Cava Group, Inc. (b)
 
10,418
487,562
Chipotle Mexican Grill, Inc. (a)
 
23,002
55,406,528
Choice Hotels International, Inc. (b)
 
24,952
3,022,186
Churchill Downs, Inc.
 
59,495
7,197,110
Darden Restaurants, Inc.
 
47,184
7,671,175
Domino's Pizza, Inc.
 
29,230
12,458,411
Doordash, Inc. (a)
 
200,515
20,893,663
Draftkings Holdings, Inc. (a)
 
349,848
13,661,564
Expedia, Inc. (a)
 
84,231
12,493,984
Hilton Worldwide Holdings, Inc.
 
95,523
18,241,072
Las Vegas Sands Corp.
 
287,614
14,070,077
Marriott International, Inc. Class A
 
204,007
48,906,598
McDonald's Corp.
 
252,271
73,844,767
Norwegian Cruise Line Holdings Ltd. (a)(b)
 
85,116
1,515,065
Planet Fitness, Inc. (a)
 
33,949
2,300,384
Royal Caribbean Cruises Ltd. (a)
 
58,966
7,518,165
Starbucks Corp.
 
944,932
87,907,024
Texas Roadhouse, Inc. Class A
 
55,934
7,032,022
Travel+Leisure Co.
 
26,648
1,077,112
Vail Resorts, Inc.
 
3,108
689,976
Wendy's Co.
 
143,073
2,729,833
Wingstop, Inc.
 
25,057
7,043,773
Wyndham Hotels & Resorts, Inc.
 
4,781
372,583
Wynn Resorts Ltd.
 
5,328
503,123
Yum! Brands, Inc.
 
206,084
26,685,817
 
 
 
590,565,237
Household Durables - 0.0%
 
 
 
NVR, Inc. (a)
 
220
1,556,564
Tempur Sealy International, Inc.
 
28,407
1,417,225
TopBuild Corp. (a)
 
1,719
634,534
 
 
 
3,608,323
Leisure Products - 0.0%
 
 
 
Brunswick Corp.
 
4,661
376,049
Peloton Interactive, Inc. Class A (a)(b)
 
280,511
1,559,641
Polaris, Inc.
 
3,970
357,141
YETI Holdings, Inc. (a)(b)
 
72,372
3,182,197
 
 
 
5,475,028
Specialty Retail - 3.2%
 
 
 
AutoZone, Inc. (a)
 
12,304
33,985,248
Best Buy Co., Inc.
 
22,305
1,616,889
Burlington Stores, Inc. (a)
 
54,069
10,335,289
CarMax, Inc. (a)
 
7,389
525,949
Dick's Sporting Goods, Inc.
 
3,710
553,050
Five Below, Inc. (a)
 
45,846
8,227,523
Floor & Decor Holdings, Inc. Class A (a)(b)
 
87,082
8,756,966
Lowe's Companies, Inc.
 
354,550
75,462,422
Murphy U.S.A., Inc.
 
15,419
5,435,506
O'Reilly Automotive, Inc. (a)
 
41,973
42,940,478
RH (a)
 
2,126
538,898
Ross Stores, Inc.
 
262,303
36,795,865
The Home Depot, Inc.
 
837,679
295,667,180
TJX Companies, Inc.
 
964,601
91,550,281
Tractor Supply Co. (b)
 
91,670
20,589,082
Ulta Beauty, Inc. (a)
 
41,149
20,658,855
Valvoline, Inc. (a)(b)
 
30,427
1,110,281
Victoria's Secret & Co. (a)
 
28,713
747,974
Wayfair LLC Class A (a)(b)
 
24,067
1,209,367
Williams-Sonoma, Inc.
 
6,898
1,334,004
 
 
 
658,041,107
Textiles, Apparel & Luxury Goods - 0.6%
 
 
 
Birkenstock Holding PLC (b)
 
7,039
326,539
Crocs, Inc. (a)
 
50,910
5,166,347
Deckers Outdoor Corp. (a)
 
21,930
16,529,299
lululemon athletica, Inc. (a)
 
93,152
42,274,241
NIKE, Inc. Class B
 
530,857
53,897,911
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)
 
7,955
496,710
Tapestry, Inc.
 
12,269
475,915
 
 
 
119,166,962
TOTAL CONSUMER DISCRETIONARY
 
 
3,019,811,131
CONSUMER STAPLES - 4.1%
 
 
 
Beverages - 1.4%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
7,270
2,539,193
Brown-Forman Corp.:
 
 
 
 Class A (b)
 
32,723
1,844,596
 Class B (non-vtg.)
 
121,993
6,697,416
Celsius Holdings, Inc. (a)(b)
 
120,194
5,997,681
Constellation Brands, Inc. Class A (sub. vtg.)
 
13,466
3,300,247
Monster Beverage Corp.
 
622,945
34,274,434
PepsiCo, Inc.
 
797,311
134,370,823
The Coca-Cola Co.
 
1,617,950
96,251,846
 
 
 
285,276,236
Consumer Staples Distribution & Retail - 1.9%
 
 
 
Albertsons Companies, Inc.
 
30,115
639,040
BJ's Wholesale Club Holdings, Inc. (a)
 
38,542
2,479,792
Casey's General Stores, Inc.
 
4,476
1,214,607
Costco Wholesale Corp.
 
371,070
257,849,122
Dollar General Corp.
 
183,410
24,222,959
Maplebear, Inc. (NASDAQ) (b)
 
12,147
297,237
Performance Food Group Co. (a)
 
60,275
4,380,787
Sysco Corp.
 
424,862
34,384,082
Target Corp.
 
385,206
53,574,450
 
 
 
379,042,076
Food Products - 0.1%
 
 
 
Freshpet, Inc. (a)(b)
 
10,014
862,205
Lamb Weston Holdings, Inc.
 
114,819
11,762,058
The Hershey Co.
 
93,115
18,021,477
 
 
 
30,645,740
Household Products - 0.6%
 
 
 
Church & Dwight Co., Inc.
 
183,201
18,292,620
Kimberly-Clark Corp.
 
265,433
32,109,430
Procter & Gamble Co.
 
370,685
58,249,441
The Clorox Co.
 
103,513
15,035,263
 
 
 
123,686,754
Personal Care Products - 0.1%
 
 
 
Estee Lauder Companies, Inc. Class A
 
60,645
8,004,534
Kenvue, Inc.
 
492,388
10,221,975
 
 
 
18,226,509
TOTAL CONSUMER STAPLES
 
 
836,877,315
ENERGY - 0.5%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Halliburton Co.
 
151,216
5,390,850
Oil, Gas & Consumable Fuels - 0.5%
 
 
 
Antero Midstream GP LP
 
94,865
1,161,148
APA Corp.
 
227,258
7,119,993
Cheniere Energy, Inc.
 
200,597
32,895,902
Hess Corp.
 
129,825
18,244,307
New Fortress Energy, Inc. (b)
 
54,092
1,797,477
ONEOK, Inc.
 
26,738
1,824,869
Ovintiv, Inc.
 
95,181
4,037,578
Targa Resources Corp.
 
185,013
15,718,704
Texas Pacific Land Corp.
 
5,160
7,540,463
 
 
 
90,340,441
TOTAL ENERGY
 
 
95,731,291
FINANCIALS - 6.5%
 
 
 
Banks - 0.1%
 
 
 
First Citizens Bancshares, Inc.
 
989
1,493,390
Nu Holdings Ltd. (a)
 
1,340,306
11,540,035
 
 
 
13,033,425
Capital Markets - 1.3%
 
 
 
Ameriprise Financial, Inc.
 
85,898
33,227,923
Ares Management Corp.
 
136,677
16,603,522
Blackstone, Inc.
 
596,796
74,271,262
Blue Owl Capital, Inc. Class A
 
56,944
884,910
FactSet Research Systems, Inc.
 
32,117
15,285,123
Houlihan Lokey
 
3,093
370,480
KKR & Co. LP
 
136,639
11,830,205
LPL Financial
 
63,070
15,085,713
MarketAxess Holdings, Inc.
 
30,999
6,990,584
Moody's Corp.
 
121,190
47,511,328
Morningstar, Inc.
 
21,505
6,006,347
MSCI, Inc.
 
32,143
19,241,443
S&P Global, Inc.
 
22,300
9,998,205
TPG, Inc.
 
15,478
644,349
Tradeweb Markets, Inc. Class A
 
33,359
3,182,115
XP, Inc. Class A
 
22,277
547,569
 
 
 
261,681,078
Consumer Finance - 0.2%
 
 
 
American Express Co.
 
159,366
31,991,131
SLM Corp.
 
74,061
1,472,333
 
 
 
33,463,464
Financial Services - 4.1%
 
 
 
Apollo Global Management, Inc.
 
436,744
43,849,098
Block, Inc. Class A (a)
 
168,850
10,976,939
Equitable Holdings, Inc.
 
289,374
9,459,636
Euronet Worldwide, Inc. (a)
 
19,724
1,965,497
Fiserv, Inc. (a)
 
137,191
19,463,287
FleetCor Technologies, Inc. (a)
 
55,944
16,219,844
Jack Henry & Associates, Inc.
 
19,296
3,199,856
MasterCard, Inc. Class A
 
695,414
312,400,831
PayPal Holdings, Inc. (a)
 
833,149
51,113,691
Rocket Companies, Inc. (a)(b)
 
34,923
429,902
Shift4 Payments, Inc. (a)
 
44,800
3,217,088
The Western Union Co.
 
44,440
558,611
Toast, Inc. (a)
 
296,440
5,267,739
UWM Holdings Corp. Class A (b)
 
28,455
190,649
Visa, Inc. Class A
 
1,336,028
365,083,011
WEX, Inc. (a)
 
16,368
3,345,456
 
 
 
846,741,135
Insurance - 0.8%
 
 
 
Arch Capital Group Ltd. (a)
 
42,167
3,475,826
Arthur J. Gallagher & Co.
 
9,918
2,302,563
Brighthouse Financial, Inc. (a)
 
5,571
288,411
Brown & Brown, Inc.
 
77,391
6,002,446
Everest Re Group Ltd.
 
4,851
1,867,489
Kinsale Capital Group, Inc.
 
18,262
7,260,423
Lincoln National Corp.
 
13,049
358,195
Marsh & McLennan Companies, Inc.
 
332,040
64,362,634
Primerica, Inc.
 
19,306
4,520,693
Progressive Corp.
 
366,610
65,348,233
RenaissanceRe Holdings Ltd.
 
11,118
2,544,132
RLI Corp.
 
7,450
1,015,957
Ryan Specialty Group Holdings, Inc. (a)(b)
 
79,418
3,440,388
Willis Towers Watson PLC
 
10,815
2,663,735
 
 
 
165,451,125
TOTAL FINANCIALS
 
 
1,320,370,227
HEALTH CARE - 10.7%
 
 
 
Biotechnology - 2.5%
 
 
 
AbbVie, Inc.
 
1,477,996
242,982,542
Alnylam Pharmaceuticals, Inc. (a)
 
83,200
14,386,112
Amgen, Inc.
 
304,238
95,609,834
Apellis Pharmaceuticals, Inc. (a)
 
84,551
5,351,233
BioMarin Pharmaceutical, Inc. (a)
 
18,485
1,628,159
Exact Sciences Corp. (a)
 
51,895
3,393,933
Exelixis, Inc. (a)
 
194,204
4,225,879
Incyte Corp. (a)
 
113,831
6,689,848
Ionis Pharmaceuticals, Inc. (a)
 
102,569
5,271,021
Karuna Therapeutics, Inc. (a)
 
26,595
8,335,405
Natera, Inc. (a)
 
89,868
5,925,896
Neurocrine Biosciences, Inc. (a)
 
80,857
11,301,383
Regeneron Pharmaceuticals, Inc. (a)
 
5,836
5,502,064
Repligen Corp. (a)
 
20,508
3,884,215
Roivant Sciences Ltd. (a)
 
282,097
2,820,970
Sarepta Therapeutics, Inc. (a)
 
74,840
8,905,212
Ultragenyx Pharmaceutical, Inc. (a)
 
65,656
2,896,086
Vertex Pharmaceuticals, Inc. (a)
 
197,418
85,557,013
 
 
 
514,666,805
Health Care Equipment & Supplies - 1.7%
 
 
 
Abbott Laboratories
 
91,321
10,332,971
Align Technology, Inc. (a)
 
63,902
17,082,283
DexCom, Inc. (a)
 
323,779
39,290,582
Edwards Lifesciences Corp. (a)
 
504,151
39,560,729
GE Healthcare Holding LLC
 
24,817
1,820,575
Globus Medical, Inc. (a)
 
28,134
1,485,194
IDEXX Laboratories, Inc. (a)
 
68,934
35,506,525
Inspire Medical Systems, Inc. (a)
 
24,065
5,074,587
Insulet Corp. (a)
 
58,004
11,071,223
Intuitive Surgical, Inc. (a)
 
292,507
110,631,998
Masimo Corp. (a)(b)
 
36,118
4,657,055
Novocure Ltd. (a)
 
88,078
1,226,046
Penumbra, Inc. (a)
 
30,350
7,653,967
ResMed, Inc.
 
121,530
23,115,006
Shockwave Medical, Inc. (a)
 
30,339
6,864,199
Stryker Corp.
 
75,564
25,350,211
Tandem Diabetes Care, Inc. (a)
 
7,210
164,388
 
 
 
340,887,539
Health Care Providers & Services - 2.3%
 
 
 
agilon health, Inc. (a)(b)
 
215,972
1,272,075
Cardinal Health, Inc.
 
105,705
11,541,929
Cencora, Inc.
 
135,298
31,481,139
Chemed Corp.
 
8,783
5,206,475
Cigna Group
 
18,095
5,445,690
DaVita, Inc. (a)
 
45,186
4,887,318
Elevance Health, Inc.
 
26,406
13,029,777
Encompass Health Corp.
 
5,664
402,371
HCA Holdings, Inc.
 
34,475
10,511,428
Humana, Inc.
 
45,403
17,165,058
McKesson Corp.
 
43,254
21,622,242
Molina Healthcare, Inc. (a)
 
26,302
9,375,085
UnitedHealth Group, Inc.
 
654,757
335,065,347
 
 
 
467,005,934
Health Care Technology - 0.1%
 
 
 
Certara, Inc. (a)
 
35,981
581,453
Doximity, Inc. (a)
 
43,737
1,178,712
Veeva Systems, Inc. Class A (a)
 
121,226
25,143,485
 
 
 
26,903,650
Life Sciences Tools & Services - 1.3%
 
 
 
10X Genomics, Inc. (a)
 
76,821
3,201,131
Agilent Technologies, Inc.
 
198,876
25,873,768
Bio-Techne Corp.
 
122,795
8,634,944
Bruker Corp.
 
88,847
6,353,449
ICON PLC (a)
 
10,181
2,655,917
Illumina, Inc. (a)
 
39,445
5,641,029
IQVIA Holdings, Inc. (a)
 
141,197
29,401,451
Maravai LifeSciences Holdings, Inc. (a)
 
52,717
305,759
Medpace Holdings, Inc. (a)
 
19,491
5,683,186
Mettler-Toledo International, Inc. (a)
 
18,232
21,827,168
Sotera Health Co. (a)(b)
 
57,983
853,510
Thermo Fisher Scientific, Inc.
 
199,041
107,279,118
Waters Corp. (a)
 
49,011
15,571,285
West Pharmaceutical Services, Inc.
 
61,943
23,106,597
 
 
 
256,388,312
Pharmaceuticals - 2.8%
 
 
 
Eli Lilly & Co.
 
708,807
457,612,887
Jazz Pharmaceuticals PLC (a)
 
26,461
3,247,294
Merck & Co., Inc.
 
391,448
47,279,089
Zoetis, Inc. Class A
 
387,645
72,803,607
 
 
 
580,942,877
TOTAL HEALTH CARE
 
 
2,186,795,117
INDUSTRIALS - 5.7%
 
 
 
Aerospace & Defense - 0.7%
 
 
 
Axon Enterprise, Inc. (a)
 
58,907
14,671,377
BWX Technologies, Inc.
 
13,086
1,066,247
HEICO Corp.
 
34,105
6,124,917
HEICO Corp. Class A
 
61,023
8,632,924
Lockheed Martin Corp.
 
185,538
79,671,873
Northrop Grumman Corp.
 
6,834
3,053,158
Spirit AeroSystems Holdings, Inc. Class A (a)
 
9,107
250,078
The Boeing Co. (a)
 
63,517
13,404,628
TransDigm Group, Inc.
 
7,495
8,189,637
 
 
 
135,064,839
Air Freight & Logistics - 0.2%
 
 
 
C.H. Robinson Worldwide, Inc.
 
74,950
6,302,546
Expeditors International of Washington, Inc.
 
16,607
2,097,962
United Parcel Service, Inc. Class B
 
168,027
23,843,031
 
 
 
32,243,539
Building Products - 0.2%
 
 
 
A.O. Smith Corp.
 
10,863
843,077
Advanced Drain Systems, Inc.
 
57,034
7,438,374
Allegion PLC
 
67,911
8,413,494
Armstrong World Industries, Inc.
 
10,693
1,060,853
Trane Technologies PLC
 
56,228
14,172,267
Trex Co., Inc. (a)
 
90,855
7,402,865
 
 
 
39,330,930
Commercial Services & Supplies - 0.7%
 
 
 
Cintas Corp.
 
64,554
39,027,412
Copart, Inc.
 
718,251
34,504,778
MSA Safety, Inc.
 
5,197
857,661
RB Global, Inc.
 
116,273
7,437,984
Rollins, Inc.
 
213,610
9,251,449
Tetra Tech, Inc.
 
8,027
1,269,711
Waste Management, Inc.
 
306,165
56,833,409
 
 
 
149,182,404
Construction & Engineering - 0.0%
 
 
 
EMCOR Group, Inc.
 
13,442
3,066,255
Quanta Services, Inc.
 
31,630
6,137,802
Valmont Industries, Inc.
 
1,159
261,598
Willscot Mobile Mini Holdings (a)
 
40,524
1,916,785
 
 
 
11,382,440
Electrical Equipment - 0.2%
 
 
 
ChargePoint Holdings, Inc. Class A (a)(b)
 
254,676
483,884
Hubbell, Inc. Class B
 
20,442
6,859,722
Rockwell Automation, Inc.
 
96,189
24,362,750
Vertiv Holdings Co.
 
20,966
1,181,015
 
 
 
32,887,371
Ground Transportation - 1.0%
 
 
 
Avis Budget Group, Inc. (b)
 
5,722
936,749
CSX Corp.
 
183,483
6,550,343
J.B. Hunt Transport Services, Inc.
 
13,559
2,725,088
Landstar System, Inc.
 
23,823
4,567,346
Lyft, Inc. (a)
 
286,742
3,581,408
Old Dominion Freight Lines, Inc.
 
76,879
30,061,227
Saia, Inc. (a)
 
2,448
1,103,020
U-Haul Holding Co. (a)(b)
 
3,403
225,483
U-Haul Holding Co. (non-vtg.)
 
31,164
1,990,445
Uber Technologies, Inc. (a)(b)
 
1,648,223
107,579,515
Union Pacific Corp.
 
218,512
53,301,632
 
 
 
212,622,256
Industrial Conglomerates - 0.1%
 
 
 
Honeywell International, Inc.
 
71,930
14,548,562
Machinery - 1.3%
 
 
 
Allison Transmission Holdings, Inc.
 
7,291
441,397
Caterpillar, Inc.
 
320,506
96,251,157
Deere & Co.
 
207,560
81,691,465
Donaldson Co., Inc.
 
42,007
2,713,232
Graco, Inc.
 
57,207
4,879,757
IDEX Corp.
 
5,114
1,081,611
Illinois Tool Works, Inc.
 
204,314
53,305,523
Lincoln Electric Holdings, Inc.
 
43,661
9,702,347
Otis Worldwide Corp.
 
20,421
1,806,033
Toro Co.
 
87,095
8,054,546
Xylem, Inc.
 
23,606
2,654,259
 
 
 
262,581,327
Passenger Airlines - 0.0%
 
 
 
American Airlines Group, Inc. (a)
 
201,897
2,872,994
Delta Air Lines, Inc.
 
27,386
1,071,888
 
 
 
3,944,882
Professional Services - 1.0%
 
 
 
Automatic Data Processing, Inc.
 
297,197
73,045,079
Booz Allen Hamilton Holding Corp. Class A
 
107,268
15,100,116
Broadridge Financial Solutions, Inc.
 
82,005
16,745,421
Dayforce, Inc. (a)
 
10,645
740,040
Equifax, Inc.
 
70,587
17,247,228
FTI Consulting, Inc. (a)
 
5,126
982,193
Genpact Ltd.
 
36,814
1,321,623
KBR, Inc.
 
40,681
2,119,887
Paychex, Inc.
 
269,763
32,838,250
Paycom Software, Inc.
 
43,230
8,224,075
Paycor HCM, Inc. (a)(b)
 
24,669
479,319
Paylocity Holding Corp. (a)
 
35,145
5,567,319
Verisk Analytics, Inc.
 
119,444
28,849,309
 
 
 
203,259,859
Trading Companies & Distributors - 0.3%
 
 
 
Fastenal Co.
 
357,984
24,425,248
Ferguson PLC
 
9,243
1,736,390
SiteOne Landscape Supply, Inc. (a)
 
11,962
1,848,727
United Rentals, Inc.
 
11,610
7,260,894
W.W. Grainger, Inc.
 
36,967
33,109,124
Watsco, Inc.
 
6,920
2,705,582
 
 
 
71,085,965
TOTAL INDUSTRIALS
 
 
1,168,134,374
INFORMATION TECHNOLOGY - 44.3%
 
 
 
Communications Equipment - 0.5%
 
 
 
Arista Networks, Inc. (a)
 
209,947
54,309,090
Motorola Solutions, Inc.
 
127,259
40,659,251
Ubiquiti, Inc.
 
2,929
368,292
 
 
 
95,336,633
Electronic Equipment, Instruments & Components - 0.3%
 
 
 
Amphenol Corp. Class A
 
245,526
24,822,679
CDW Corp.
 
106,575
24,162,684
Jabil, Inc.
 
65,532
8,210,504
Keysight Technologies, Inc. (a)
 
38,029
5,828,325
Vontier Corp.
 
44,139
1,526,768
Zebra Technologies Corp. Class A (a)
 
7,690
1,842,140
 
 
 
66,393,100
IT Services - 1.7%
 
 
 
Accenture PLC Class A
 
529,218
192,571,846
Cloudflare, Inc. (a)
 
243,256
19,229,387
EPAM Systems, Inc. (a)
 
46,532
12,941,015
Gartner, Inc. (a)
 
64,250
29,390,520
Globant SA (a)
 
34,494
8,134,030
GoDaddy, Inc. (a)
 
74,449
7,940,730
MongoDB, Inc. Class A (a)
 
56,002
22,429,921
Okta, Inc. (a)
 
8,185
676,490
Snowflake, Inc. (a)
 
263,226
51,497,535
Twilio, Inc. Class A (a)
 
23,315
1,639,744
VeriSign, Inc. (a)
 
3,926
780,803
 
 
 
347,232,021
Semiconductors & Semiconductor Equipment - 11.2%
 
 
 
Advanced Micro Devices, Inc. (a)
 
763,890
128,096,714
Allegro MicroSystems LLC (a)
 
62,855
1,630,459
Applied Materials, Inc.
 
591,344
97,157,819
Broadcom, Inc.
 
361,090
426,086,200
Enphase Energy, Inc. (a)
 
111,381
11,598,104
Entegris, Inc.
 
6,462
760,577
KLA Corp.
 
114,886
68,246,879
Lam Research Corp.
 
104,379
86,130,419
Lattice Semiconductor Corp. (a)
 
113,992
6,937,553
Microchip Technology, Inc.
 
321,044
27,346,528
Monolithic Power Systems, Inc.
 
38,463
23,182,419
NVIDIA Corp.
 
1,990,169
1,224,491,281
Qualcomm, Inc.
 
814,787
121,004,017
Teradyne, Inc.
 
107,440
10,377,630
Texas Instruments, Inc.
 
310,194
49,668,263
Universal Display Corp.
 
17,669
2,999,666
 
 
 
2,285,714,528
Software - 19.3%
 
 
 
Adobe, Inc. (a)
 
383,766
237,082,959
Alteryx, Inc. Class A (a)
 
51,162
2,428,149
ANSYS, Inc. (a)
 
59,932
19,647,508
AppLovin Corp. (a)
 
45,150
1,857,020
Atlassian Corp. PLC (a)
 
129,765
32,411,404
Autodesk, Inc. (a)
 
179,923
45,666,257
Bentley Systems, Inc. Class B
 
150,872
7,603,949
Cadence Design Systems, Inc. (a)
 
226,368
65,298,113
Confluent, Inc. (a)
 
154,984
3,465,442
Crowdstrike Holdings, Inc. (a)
 
178,679
52,263,608
Datadog, Inc. Class A (a)
 
228,581
28,444,620
DocuSign, Inc. (a)
 
169,262
10,311,441
DoubleVerify Holdings, Inc. (a)
 
115,051
4,603,191
Dropbox, Inc. Class A (a)
 
192,015
6,083,035
Dynatrace, Inc. (a)
 
201,188
11,467,716
Elastic NV (a)
 
66,362
7,768,336
Fair Isaac Corp. (a)
 
20,281
24,313,471
Five9, Inc. (a)
 
59,493
4,513,139
Fortinet, Inc. (a)
 
549,881
35,461,826
Gen Digital, Inc.
 
72,224
1,695,820
GitLab, Inc. (a)
 
73,378
5,217,910
HashiCorp, Inc. (a)
 
55,589
1,215,176
HubSpot, Inc. (a)
 
38,222
23,353,642
Informatica, Inc. (a)(b)
 
2,877
86,310
Intuit, Inc.
 
228,801
144,448,935
Manhattan Associates, Inc. (a)
 
51,563
12,507,121
Microsoft Corp.
 
6,233,427
2,478,285,894
nCino, Inc. (a)
 
5,180
163,066
Nutanix, Inc. Class A (a)
 
49,438
2,778,416
Oracle Corp.
 
531,084
59,322,083
Palantir Technologies, Inc. (a)
 
1,594,427
25,654,330
Palo Alto Networks, Inc. (a)
 
252,413
85,444,325
Pegasystems, Inc.
 
35,077
1,709,653
Procore Technologies, Inc. (a)
 
66,588
4,753,717
PTC, Inc. (a)
 
50,139
9,057,610
RingCentral, Inc. (a)(b)
 
71,287
2,415,916
Salesforce, Inc. (a)
 
597,743
168,019,580
SentinelOne, Inc. (a)
 
26,226
702,857
ServiceNow, Inc. (a)
 
170,520
130,516,008
Smartsheet, Inc. (a)
 
107,033
4,813,274
Splunk, Inc. (a)
 
130,159
19,962,486
Synopsys, Inc. (a)
 
127,211
67,847,987
Teradata Corp. (a)
 
83,125
3,838,713
Tyler Technologies, Inc. (a)
 
26,333
11,132,276
UiPath, Inc. Class A (a)
 
244,190
5,611,486
Unity Software, Inc. (a)(b)
 
96,133
3,114,709
Workday, Inc. Class A (a)
 
168,051
48,914,605
Zscaler, Inc. (a)
 
74,066
17,455,134
 
 
 
3,940,730,223
Technology Hardware, Storage & Peripherals - 11.3%
 
 
 
Apple, Inc.
 
12,351,246
2,277,569,762
HP, Inc.
 
147,626
4,238,342
NetApp, Inc.
 
70,202
6,121,614
Pure Storage, Inc. Class A (a)
 
186,358
7,452,456
 
 
 
2,295,382,174
TOTAL INFORMATION TECHNOLOGY
 
 
9,030,788,679
MATERIALS - 0.7%
 
 
 
Chemicals - 0.5%
 
 
 
Axalta Coating Systems Ltd. (a)
 
19,689
638,317
Ecolab, Inc.
 
161,831
32,078,141
FMC Corp.
 
15,650
879,530
Ginkgo Bioworks Holdings, Inc. Class A (a)(b)
 
115,437
139,679
Linde PLC
 
38,156
15,446,693
PPG Industries, Inc.
 
49,322
6,956,375
RPM International, Inc.
 
20,315
2,166,798
Sherwin-Williams Co.
 
165,911
50,499,990
The Scotts Miracle-Gro Co. Class A
 
34,589
1,945,977
 
 
 
110,751,500
Construction Materials - 0.1%
 
 
 
Eagle Materials, Inc.
 
19,018
4,303,393
Vulcan Materials Co.
 
24,392
5,512,836
 
 
 
9,816,229
Containers & Packaging - 0.1%
 
 
 
Ardagh Metal Packaging SA
 
111,581
411,734
Avery Dennison Corp.
 
22,241
4,435,967
Graphic Packaging Holding Co.
 
136,386
3,479,207
Sealed Air Corp.
 
66,441
2,295,537
 
 
 
10,622,445
Metals & Mining - 0.0%
 
 
 
Southern Copper Corp.
 
71,369
5,859,395
TOTAL MATERIALS
 
 
137,049,569
REAL ESTATE - 0.9%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.8%
 
 
 
American Tower Corp.
 
389,901
76,284,131
Crown Castle, Inc.
 
38,433
4,160,372
Equinix, Inc.
 
39,244
32,563,494
Equity Lifestyle Properties, Inc.
 
48,569
3,287,636
Iron Mountain, Inc.
 
119,981
8,101,117
Lamar Advertising Co. Class A
 
56,061
5,868,465
Public Storage
 
76,216
21,583,609
SBA Communications Corp. Class A
 
9,080
2,032,649
Simon Property Group, Inc.
 
59,220
8,208,484
Sun Communities, Inc.
 
22,392
2,806,837
UDR, Inc.
 
15,300
551,106
 
 
 
165,447,900
Real Estate Management & Development - 0.1%
 
 
 
CoStar Group, Inc. (a)
 
145,515
12,147,592
TOTAL REAL ESTATE
 
 
177,595,492
UTILITIES - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
The AES Corp.
 
341,562
5,697,254
Vistra Corp.
 
88,530
3,632,386
 
 
 
9,329,640
 
TOTAL COMMON STOCKS
 (Cost $13,985,556,637)
 
 
 
20,343,344,681
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Principal
Amount (c)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 5.42% 2/22/24 (d)
 
 (Cost $1,993,821)
 
 
2,000,000
1,993,862
 
 
 
 
Money Market Funds - 0.7%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (e)
 
103,394,580
103,415,259
Fidelity Securities Lending Cash Central Fund 5.39% (e)(f)
 
36,909,913
36,913,604
 
TOTAL MONEY MARKET FUNDS
 (Cost $140,328,863)
 
 
140,328,863
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.5%
 (Cost $14,127,879,321)
 
 
 
20,485,667,406
NET OTHER ASSETS (LIABILITIES) - (0.5)%  
(100,253,869)
NET ASSETS - 100.0%
20,385,413,537
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Purchased
 
 
 
 
 
 
 
 
 
 
 
Equity Index Contracts
 
 
 
 
 
CME E-mini NASDAQ 100 Index Contracts (United States)
90
Mar 2024
31,036,050
1,214,742
1,214,742
CME Micro E-mini S&P 500 Index Contracts (United States)
41
Mar 2024
9,984,525
276,048
276,048
 
 
 
 
 
 
TOTAL FUTURES CONTRACTS
 
 
 
 
1,490,790
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Amount is stated in United States dollars unless otherwise noted.
 
(d)
Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $1,914,107.
 
(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.
 
 
 
 
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%
29,454,172
3,692,151,973
3,618,190,886
3,037,222
-
-
103,415,259
0.2%
Fidelity Securities Lending Cash Central Fund 5.39%
102,862,982
464,411,181
530,360,559
214,145
-
-
36,913,604
0.1%
Total
132,317,154
4,156,563,154
4,148,551,445
3,251,367
-
-
140,328,863
 
 
 
 
 
 
 
 
 
 
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.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 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.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
 
The Fund used futures contracts to manage its exposure to the stock market.
 
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
 
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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