NPORT-EX 2 QTLY_2612_20240430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Series Large Cap Value Index Fund
April 30, 2024
XS6-NPRT1-0624
1.967968.110
Common Stocks - 99.6%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 4.5%
 
 
 
Diversified Telecommunication Services - 1.4%
 
 
 
AT&T, Inc.
 
2,351,175
39,711,346
Frontier Communications Parent, Inc. (a)(b)
 
80,309
1,858,350
GCI Liberty, Inc. Class A (Escrow) (c)
 
30,220
0
Iridium Communications, Inc.
 
2,558
78,761
Verizon Communications, Inc.
 
1,382,048
54,577,076
 
 
 
96,225,533
Entertainment - 1.5%
 
 
 
AMC Entertainment Holdings, Inc. Class A (b)
 
80,812
236,779
Electronic Arts, Inc.
 
88,837
11,266,308
Liberty Media Corp. Liberty Formula One:
 
 
 
 Class A
 
7,766
483,589
 Class C
 
63,666
4,454,710
Liberty Media Corp. Liberty Live:
 
 
 
 Class C
 
15,329
572,078
 Series A
 
6,428
230,508
Live Nation Entertainment, Inc. (a)
 
39,743
3,533,550
Madison Square Garden Sports Corp. (a)
 
6,098
1,133,740
Playtika Holding Corp.
 
1,102
7,990
Roku, Inc. Class A (a)
 
35,912
2,070,686
Take-Two Interactive Software, Inc. (a)
 
54,122
7,729,163
The Walt Disney Co.
 
600,553
66,721,438
Warner Bros Discovery, Inc. (a)
 
723,156
5,322,428
 
 
 
103,762,967
Interactive Media & Services - 0.1%
 
 
 
IAC, Inc. (a)
 
24,318
1,156,564
Match Group, Inc. (a)
 
8,821
271,863
TripAdvisor, Inc. (a)
 
35,206
926,974
Zoominfo Technologies, Inc. (a)
 
47,535
753,905
 
 
 
3,109,306
Media - 1.1%
 
 
 
Cable One, Inc. (b)
 
1,691
666,000
Comcast Corp. Class A
 
1,293,697
49,302,793
Fox Corp.:
 
 
 
 Class A
 
80,543
2,497,638
 Class B
 
43,391
1,244,454
Interpublic Group of Companies, Inc.
 
126,497
3,850,569
Liberty Broadband Corp.:
 
 
 
 Class A (a)
 
4,394
220,271
 Class C (a)
 
30,287
1,506,173
Liberty Media Corp. Liberty SiriusXM
 
50,013
1,203,313
Liberty Media Corp. Liberty SiriusXM Class A
 
24,717
594,691
News Corp.:
 
 
 
 Class A
 
125,183
2,979,355
 Class B
 
37,918
930,508
Nexstar Media Group, Inc. Class A
 
6,959
1,113,858
Omnicom Group, Inc.
 
64,748
6,011,204
Paramount Global:
 
 
 
 Class A (b)
 
3,101
64,160
 Class B (b)
 
189,085
2,153,678
Sirius XM Holdings, Inc. (b)
 
211,071
620,549
The New York Times Co. Class A
 
52,975
2,279,514
 
 
 
77,238,728
Wireless Telecommunication Services - 0.4%
 
 
 
T-Mobile U.S., Inc.
 
160,714
26,384,417
TOTAL COMMUNICATION SERVICES
 
 
306,720,951
CONSUMER DISCRETIONARY - 4.8%
 
 
 
Automobile Components - 0.2%
 
 
 
Aptiv PLC (a)
 
88,832
6,307,072
BorgWarner, Inc.
 
76,517
2,507,462
Gentex Corp.
 
76,862
2,636,367
Lear Corp.
 
19,009
2,392,663
Phinia, Inc.
 
15,360
599,040
QuantumScape Corp. Class A (a)(b)
 
111,507
604,368
 
 
 
15,046,972
Automobiles - 0.6%
 
 
 
Ford Motor Co.
 
1,288,347
15,653,416
General Motors Co.
 
378,125
16,837,906
Harley-Davidson, Inc.
 
41,479
1,426,463
Lucid Group, Inc. Class A (a)(b)
 
244,022
622,256
Rivian Automotive, Inc. (a)(b)
 
221,839
1,974,367
Thor Industries, Inc. (b)
 
16,805
1,670,753
 
 
 
38,185,161
Broadline Retail - 0.2%
 
 
 
eBay, Inc.
 
159,766
8,234,340
Etsy, Inc. (a)
 
17,168
1,178,927
Kohl's Corp.
 
36,192
866,436
Macy's, Inc. (b)
 
88,755
1,635,755
Nordstrom, Inc. (b)
 
37,389
710,765
Ollie's Bargain Outlet Holdings, Inc. (a)
 
13,730
1,004,212
 
 
 
13,630,435
Distributors - 0.2%
 
 
 
Genuine Parts Co.
 
46,032
7,236,691
LKQ Corp.
 
87,407
3,769,864
 
 
 
11,006,555
Diversified Consumer Services - 0.1%
 
 
 
ADT, Inc.
 
83,653
543,745
Bright Horizons Family Solutions, Inc. (a)(b)
 
16,504
1,711,630
Grand Canyon Education, Inc. (a)
 
7,045
915,991
H&R Block, Inc. (b)
 
16,537
781,043
Mister Car Wash, Inc. (a)(b)
 
25,010
167,317
Service Corp. International
 
29,953
2,147,930
 
 
 
6,267,656
Hotels, Restaurants & Leisure - 1.3%
 
 
 
Aramark
 
85,342
2,689,126
Boyd Gaming Corp. (b)
 
23,158
1,239,185
Caesars Entertainment, Inc. (a)
 
39,880
1,428,502
Carnival Corp. (a)
 
326,149
4,833,528
Cava Group, Inc.
 
3,562
256,250
Darden Restaurants, Inc.
 
20,849
3,198,445
Doordash, Inc. (a)
 
22,081
2,854,190
Expedia Group, Inc. (a)
 
11,695
1,574,498
Hilton Worldwide Holdings, Inc.
 
44,322
8,743,844
Hyatt Hotels Corp. Class A
 
14,214
2,114,901
Las Vegas Sands Corp.
 
8,182
362,954
Marriott Vacations Worldwide Corp.
 
11,487
1,104,016
McDonald's Corp.
 
140,590
38,386,694
MGM Resorts International (a)
 
90,144
3,555,279
Norwegian Cruise Line Holdings Ltd. (a)
 
105,254
1,991,406
Penn Entertainment, Inc. (a)(b)
 
49,215
814,016
Planet Fitness, Inc. (a)
 
14,661
877,314
Royal Caribbean Cruises Ltd. (a)
 
53,690
7,496,735
Travel+Leisure Co.
 
12,600
548,604
Vail Resorts, Inc. (b)
 
11,166
2,114,505
Wyndham Hotels & Resorts, Inc. (b)
 
24,753
1,819,593
Wynn Resorts Ltd.
 
31,999
2,932,708
Yum! Brands, Inc.
 
11,227
1,585,814
 
 
 
92,522,107
Household Durables - 0.9%
 
 
 
D.R. Horton, Inc.
 
99,364
14,158,376
Garmin Ltd.
 
50,422
7,284,466
Leggett & Platt, Inc. (b)
 
43,583
787,545
Lennar Corp.:
 
 
 
 Class A
 
79,219
12,011,185
 Class B
 
4,574
642,144
Mohawk Industries, Inc. (a)
 
17,346
2,000,341
Newell Brands, Inc. (b)
 
124,942
992,039
NVR, Inc. (a)
 
871
6,479,238
PulteGroup, Inc.
 
70,298
7,832,603
Tempur Sealy International, Inc.
 
43,619
2,183,567
Toll Brothers, Inc.
 
34,053
4,056,053
TopBuild Corp. (a)
 
9,717
3,932,178
Whirlpool Corp. (b)
 
17,551
1,664,888
 
 
 
64,024,623
Leisure Products - 0.1%
 
 
 
Brunswick Corp. (b)
 
20,662
1,666,184
Hasbro, Inc.
 
42,865
2,627,625
Mattel, Inc. (a)
 
115,471
2,115,429
Polaris, Inc. (b)
 
16,128
1,373,460
 
 
 
7,782,698
Specialty Retail - 0.7%
 
 
 
Advance Auto Parts, Inc.
 
19,476
1,421,358
AutoNation, Inc. (a)
 
9,315
1,501,112
AutoZone, Inc. (a)
 
934
2,761,278
Bath & Body Works, Inc.
 
74,177
3,369,119
Best Buy Co., Inc.
 
54,501
4,013,454
CarMax, Inc. (a)
 
48,921
3,325,160
Dick's Sporting Goods, Inc.
 
17,118
3,439,691
GameStop Corp. Class A (a)(b)
 
87,857
974,334
Gap, Inc.
 
63,758
1,308,314
Lithia Motors, Inc. Class A (sub. vtg.)
 
8,877
2,258,131
Lowe's Companies, Inc.
 
50,636
11,544,502
Murphy U.S.A., Inc.
 
338
139,871
O'Reilly Automotive, Inc. (a)
 
2,950
2,989,117
Penske Automotive Group, Inc.
 
6,415
980,918
Petco Health & Wellness Co., Inc. (a)(b)
 
27,316
40,974
RH (a)
 
4,269
1,054,656
Ross Stores, Inc.
 
7,266
941,310
Valvoline, Inc. (a)
 
31,409
1,335,511
Victoria's Secret & Co. (a)(b)
 
13,995
246,592
Wayfair LLC Class A (a)(b)
 
17,969
901,145
Williams-Sonoma, Inc.
 
18,213
5,223,124
 
 
 
49,769,671
Textiles, Apparel & Luxury Goods - 0.5%
 
 
 
Birkenstock Holding PLC
 
5,923
265,173
Capri Holdings Ltd. (a)
 
37,088
1,315,882
Carter's, Inc. (b)
 
11,771
805,254
Columbia Sportswear Co. (b)
 
11,432
910,330
NIKE, Inc. Class B
 
180,170
16,622,484
PVH Corp.
 
19,453
2,116,486
Ralph Lauren Corp.
 
12,894
2,109,974
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)
 
40,589
2,680,903
Tapestry, Inc.
 
70,337
2,807,853
Under Armour, Inc.:
 
 
 
 Class A (sub. vtg.) (a)
 
62,449
420,282
 Class C (non-vtg.) (a)
 
65,752
428,703
VF Corp. (b)
 
114,678
1,428,888
 
 
 
31,912,212
TOTAL CONSUMER DISCRETIONARY
 
 
330,148,090
CONSUMER STAPLES - 8.0%
 
 
 
Beverages - 1.3%
 
 
 
Boston Beer Co., Inc. Class A (a)(b)
 
239
66,540
Brown-Forman Corp.:
 
 
 
 Class A (b)
 
3,301
161,980
 Class B (non-vtg.)
 
12,251
586,210
Constellation Brands, Inc. Class A (sub. vtg.)
 
47,585
12,060,894
Keurig Dr. Pepper, Inc.
 
312,893
10,544,494
Molson Coors Beverage Co. Class B
 
57,354
3,284,090
PepsiCo, Inc.
 
139,801
24,592,394
The Coca-Cola Co.
 
644,650
39,820,031
 
 
 
91,116,633
Consumer Staples Distribution & Retail - 1.8%
 
 
 
Albertsons Companies, Inc.
 
124,915
2,548,266
BJ's Wholesale Club Holdings, Inc. (a)
 
28,541
2,131,442
Casey's General Stores, Inc.
 
10,459
3,342,487
Dollar Tree, Inc. (a)
 
67,411
7,971,351
Grocery Outlet Holding Corp. (a)
 
31,068
806,836
Kroger Co.
 
214,183
11,861,455
Maplebear, Inc. (NASDAQ)
 
2,198
75,018
Performance Food Group Co. (a)
 
26,644
1,808,595
U.S. Foods Holding Corp. (a)
 
74,338
3,735,485
Walgreens Boots Alliance, Inc.
 
235,109
4,168,483
Walmart, Inc.
 
1,406,272
83,462,243
 
 
 
121,911,661
Food Products - 1.7%
 
 
 
Archer Daniels Midland Co.
 
175,268
10,281,221
Bunge Global SA (b)
 
47,478
4,831,361
Campbell Soup Co.
 
62,756
2,868,577
Conagra Brands, Inc.
 
156,101
4,804,789
Darling Ingredients, Inc. (a)
 
51,989
2,202,774
Flowers Foods, Inc.
 
61,647
1,537,476
Freshpet, Inc. (a)
 
10,306
1,093,157
General Mills, Inc.
 
186,465
13,138,324
Hormel Foods Corp.
 
94,980
3,377,489
Ingredion, Inc.
 
21,381
2,450,049
Kellanova
 
85,269
4,933,664
Lamb Weston Holdings, Inc. (b)
 
2,671
222,601
McCormick & Co., Inc. (non-vtg.)
 
82,470
6,272,668
Mondelez International, Inc.
 
446,577
32,126,749
Pilgrim's Pride Corp. (a)
 
13,438
484,037
Post Holdings, Inc. (a)
 
16,665
1,768,990
Seaboard Corp.
 
70
231,708
The Hershey Co.
 
12,696
2,462,008
The J.M. Smucker Co.
 
33,691
3,869,411
The Kraft Heinz Co.
 
263,686
10,180,916
Tyson Foods, Inc. Class A
 
91,176
5,529,824
WK Kellogg Co.
 
21,313
497,445
 
 
 
115,165,238
Household Products - 1.9%
 
 
 
Church & Dwight Co., Inc.
 
8,349
900,774
Colgate-Palmolive Co.
 
269,490
24,771,521
Kimberly-Clark Corp.
 
6,535
892,224
Procter & Gamble Co.
 
627,809
102,458,429
Reynolds Consumer Products, Inc.
 
17,744
508,011
Spectrum Brands Holdings, Inc. (b)
 
9,892
809,858
 
 
 
130,340,817
Personal Care Products - 0.2%
 
 
 
Coty, Inc. Class A (a)
 
123,512
1,412,977
Estee Lauder Companies, Inc. Class A
 
51,703
7,585,347
Kenvue, Inc.
 
376,472
7,085,203
Olaplex Holdings, Inc. (a)
 
42,474
59,039
 
 
 
16,142,566
Tobacco - 1.1%
 
 
 
Altria Group, Inc.
 
586,567
25,697,500
Philip Morris International, Inc.
 
509,648
48,385,981
 
 
 
74,083,481
TOTAL CONSUMER STAPLES
 
 
548,760,396
ENERGY - 8.3%
 
 
 
Energy Equipment & Services - 0.7%
 
 
 
Baker Hughes Co. Class A
 
327,807
10,693,064
Halliburton Co.
 
235,621
8,828,719
NOV, Inc.
 
128,696
2,379,589
Schlumberger Ltd.
 
467,844
22,213,233
TechnipFMC PLC (b)
 
142,020
3,638,552
 
 
 
47,753,157
Oil, Gas & Consumable Fuels - 7.6%
 
 
 
Antero Midstream GP LP (b)
 
73,929
1,023,177
Antero Resources Corp. (a)
 
92,765
3,154,938
APA Corp.
 
31,552
991,995
Chesapeake Energy Corp. (b)
 
40,603
3,649,398
Chevron Corp.
 
565,084
91,131,097
ConocoPhillips Co.
 
393,465
49,427,073
Coterra Energy, Inc.
 
244,990
6,702,926
Devon Energy Corp.
 
210,384
10,767,453
Diamondback Energy, Inc.
 
58,547
11,775,558
DT Midstream, Inc.
 
31,829
1,979,764
EOG Resources, Inc.
 
192,984
25,498,976
EQT Corp. (b)
 
118,289
4,742,206
Exxon Mobil Corp.
 
1,313,465
155,343,506
Hess Corp.
 
40,321
6,350,154
HF Sinclair Corp.
 
52,453
2,845,575
Kinder Morgan, Inc.
 
643,814
11,768,920
Marathon Oil Corp.
 
191,631
5,145,292
Marathon Petroleum Corp.
 
120,759
21,944,325
Occidental Petroleum Corp.
 
225,591
14,920,589
ONEOK, Inc.
 
180,461
14,278,074
Ovintiv, Inc.
 
46,910
2,407,421
Phillips 66 Co.
 
144,398
20,679,238
Pioneer Natural Resources Co.
 
76,417
20,580,626
Range Resources Corp. (b)
 
76,796
2,757,744
Southwestern Energy Co. (a)
 
359,869
2,695,419
The Williams Companies, Inc.
 
399,782
15,335,638
Valero Energy Corp.
 
111,443
17,816,392
 
 
 
525,713,474
TOTAL ENERGY
 
 
573,466,631
FINANCIALS - 22.5%
 
 
 
Banks - 7.4%
 
 
 
Bank of America Corp.
 
2,263,047
83,755,369
Bank OZK (b)
 
34,942
1,560,160
BOK Financial Corp.
 
9,055
803,450
Citigroup, Inc.
 
628,021
38,516,528
Citizens Financial Group, Inc.
 
152,632
5,206,278
Columbia Banking Systems, Inc.
 
68,208
1,282,992
Comerica, Inc.
 
43,164
2,165,538
Commerce Bancshares, Inc.
 
39,366
2,152,533
Cullen/Frost Bankers, Inc. (b)
 
19,418
2,026,074
East West Bancorp, Inc.
 
46,072
3,431,903
Fifth Third Bancorp
 
222,770
8,122,194
First Citizens Bancshares, Inc.
 
3,172
5,350,403
First Hawaiian, Inc.
 
41,734
880,170
First Horizon National Corp.
 
182,359
2,720,796
FNB Corp., Pennsylvania
 
117,437
1,566,610
Huntington Bancshares, Inc.
 
472,025
6,358,177
JPMorgan Chase & Co.
 
947,995
181,768,561
KeyCorp
 
305,690
4,429,448
M&T Bank Corp.
 
54,284
7,838,067
New York Community Bancorp, Inc. (b)
 
233,503
618,783
Nu Holdings Ltd. (a)
 
241,672
2,624,558
Pinnacle Financial Partners, Inc.
 
24,679
1,892,879
PNC Financial Services Group, Inc.
 
130,763
20,040,737
Popular, Inc.
 
23,083
1,961,824
Prosperity Bancshares, Inc.
 
28,571
1,770,545
Regions Financial Corp.
 
303,261
5,843,839
Synovus Financial Corp.
 
47,436
1,697,734
TFS Financial Corp. (b)
 
16,227
194,886
Truist Financial Corp.
 
435,454
16,351,298
U.S. Bancorp
 
511,454
20,780,376
Webster Financial Corp.
 
56,084
2,458,162
Wells Fargo & Co.
 
1,182,655
70,155,095
Western Alliance Bancorp.
 
35,463
2,015,362
Wintrust Financial Corp.
 
19,956
1,928,548
Zions Bancorporation NA
 
47,726
1,946,266
 
 
 
512,216,143
Capital Markets - 5.4%
 
 
 
Affiliated Managers Group, Inc.
 
10,952
1,709,607
Bank of New York Mellon Corp.
 
249,583
14,098,944
BlackRock, Inc. Class A
 
48,814
36,836,997
Blue Owl Capital, Inc. Class A
 
127,175
2,402,336
Carlyle Group LP
 
69,204
3,100,339
Cboe Global Markets, Inc.
 
34,513
6,252,030
Charles Schwab Corp.
 
486,719
35,992,870
CME Group, Inc.
 
117,900
24,716,556
Coinbase Global, Inc. (a)
 
56,213
11,463,517
Evercore, Inc. Class A
 
11,537
2,093,966
Franklin Resources, Inc.
 
98,266
2,244,395
Goldman Sachs Group, Inc.
 
103,586
44,201,182
Houlihan Lokey (b)
 
15,369
1,959,394
Interactive Brokers Group, Inc.
 
33,999
3,913,965
Intercontinental Exchange, Inc.
 
185,875
23,933,265
Invesco Ltd.
 
119,128
1,688,044
Janus Henderson Group PLC
 
43,908
1,370,808
Jefferies Financial Group, Inc.
 
59,413
2,558,324
KKR & Co. LP (b)
 
164,205
15,282,559
Lazard, Inc. Class A
 
35,900
1,382,150
Moody's Corp.
 
4,585
1,697,963
Morgan Stanley
 
384,115
34,893,007
MSCI, Inc.
 
12,603
5,870,351
NASDAQ, Inc.
 
120,952
7,238,977
Northern Trust Corp.
 
66,383
5,469,295
Raymond James Financial, Inc.
 
62,095
7,575,590
Robinhood Markets, Inc. (a)
 
207,542
3,422,368
S&P Global, Inc.
 
95,402
39,671,014
SEI Investments Co.
 
32,948
2,172,921
State Street Corp.
 
98,946
7,172,596
Stifel Financial Corp.
 
32,071
2,563,114
T. Rowe Price Group, Inc.
 
72,391
7,931,882
TPG, Inc.
 
16,738
721,408
Tradeweb Markets, Inc. Class A
 
24,587
2,500,744
Virtu Financial, Inc. Class A
 
27,714
601,394
XP, Inc. Class A
 
97,152
1,988,701
 
 
 
368,692,573
Consumer Finance - 1.1%
 
 
 
Ally Financial, Inc.
 
88,764
3,404,099
American Express Co.
 
128,017
29,959,819
Capital One Financial Corp.
 
124,439
17,848,286
Credit Acceptance Corp. (a)
 
2,058
1,057,236
Discover Financial Services
 
81,881
10,376,779
OneMain Holdings, Inc. (b)
 
36,795
1,917,387
SLM Corp.
 
43,501
921,786
SoFi Technologies, Inc. (a)(b)
 
311,843
2,114,296
Synchrony Financial
 
132,932
5,846,349
 
 
 
73,446,037
Financial Services - 4.5%
 
 
 
Affirm Holdings, Inc. (a)(b)
 
73,859
2,354,625
Berkshire Hathaway, Inc. Class B (a)
 
601,379
238,585,090
Block, Inc. Class A (a)
 
113,687
8,299,151
Corebridge Financial, Inc. (b)
 
74,289
1,973,116
Corpay, Inc. (a)
 
1,609
486,143
Euronet Worldwide, Inc. (a)
 
7,174
736,626
Fidelity National Information Services, Inc.
 
194,323
13,198,418
Fiserv, Inc. (a)
 
142,533
21,760,513
Global Payments, Inc.
 
84,637
10,390,884
Jack Henry & Associates, Inc.
 
16,300
2,651,847
MGIC Investment Corp.
 
90,349
1,832,278
NCR Atleos Corp.
 
21,074
420,005
PayPal Holdings, Inc. (a)
 
33,280
2,260,378
Rocket Companies, Inc. (a)(b)
 
24,726
303,635
The Western Union Co.
 
101,908
1,369,644
UWM Holdings Corp. Class A (b)
 
19,485
122,756
Voya Financial, Inc.
 
31,744
2,163,671
WEX, Inc. (a)
 
7,604
1,606,421
 
 
 
310,515,201
Insurance - 4.0%
 
 
 
AFLAC, Inc.
 
190,537
15,938,420
Allstate Corp.
 
86,092
14,640,806
American Financial Group, Inc.
 
23,478
2,999,315
American International Group, Inc.
 
230,454
17,355,491
Aon PLC
 
65,077
18,352,365
Arch Capital Group Ltd. (a)
 
100,834
9,432,012
Arthur J. Gallagher & Co.
 
66,414
15,586,702
Assurant, Inc.
 
17,349
3,025,666
Assured Guaranty Ltd.
 
17,994
1,380,140
Axis Capital Holdings Ltd.
 
25,498
1,563,792
Brighthouse Financial, Inc. (a)
 
18,725
903,481
Brown & Brown, Inc.
 
47,463
3,870,133
Chubb Ltd.
 
133,338
33,153,160
Cincinnati Financial Corp.
 
50,380
5,828,462
CNA Financial Corp.
 
8,538
375,160
Everest Re Group Ltd.
 
12,161
4,455,912
Fidelity National Financial, Inc.
 
85,115
4,213,193
First American Financial Corp.
 
32,871
1,760,899
Globe Life, Inc.
 
28,389
2,162,390
Hanover Insurance Group, Inc.
 
11,643
1,511,494
Hartford Financial Services Group, Inc.
 
96,899
9,388,544
Kemper Corp.
 
19,753
1,151,797
Lincoln National Corp.
 
50,275
1,370,999
Loews Corp.
 
60,056
4,513,208
Markel Group, Inc. (a)(b)
 
4,312
6,288,621
Marsh & McLennan Companies, Inc.
 
32,345
6,450,563
MetLife, Inc.
 
204,667
14,547,730
Old Republic International Corp.
 
84,387
2,519,796
Primerica, Inc.
 
4,002
847,864
Principal Financial Group, Inc.
 
77,847
6,160,812
Progressive Corp.
 
48,171
10,031,611
Prudential Financial, Inc.
 
119,176
13,166,564
Reinsurance Group of America, Inc.
 
21,813
4,078,813
RenaissanceRe Holdings Ltd. (b)
 
12,467
2,733,390
RLI Corp.
 
10,278
1,452,795
The Travelers Companies, Inc.
 
74,835
15,876,994
Unum Group
 
63,103
3,199,322
W.R. Berkley Corp.
 
65,602
5,049,386
White Mountains Insurance Group Ltd.
 
813
1,445,628
Willis Towers Watson PLC
 
29,699
7,458,607
 
 
 
276,242,037
Mortgage Real Estate Investment Trusts - 0.1%
 
 
 
AGNC Investment Corp. (b)
 
227,107
2,078,029
Annaly Capital Management, Inc. (b)
 
163,997
3,073,304
Rithm Capital Corp. (b)
 
158,051
1,757,527
Starwood Property Trust, Inc. (b)
 
96,667
1,833,773
 
 
 
8,742,633
TOTAL FINANCIALS
 
 
1,549,854,624
HEALTH CARE - 14.0%
 
 
 
Biotechnology - 1.6%
 
 
 
Alnylam Pharmaceuticals, Inc. (a)
 
8,106
1,166,859
Amgen, Inc.
 
56,139
15,378,718
Biogen, Inc. (a)
 
47,291
10,159,053
BioMarin Pharmaceutical, Inc. (a)
 
54,161
4,374,042
Exact Sciences Corp. (a)
 
38,256
2,270,494
Exelixis, Inc. (a)
 
26,329
617,678
Gilead Sciences, Inc.
 
410,465
26,762,318
Incyte Corp. (a)
 
15,816
823,223
Ionis Pharmaceuticals, Inc. (a)
 
6,493
267,901
Moderna, Inc. (a)
 
109,122
12,037,248
Regeneron Pharmaceuticals, Inc. (a)
 
31,372
27,941,786
Repligen Corp. (a)
 
10,164
1,668,929
Roivant Sciences Ltd. (a)
 
6,379
69,531
United Therapeutics Corp. (a)
 
14,811
3,470,662
Vertex Pharmaceuticals, Inc. (a)
 
7,192
2,825,090
 
 
 
109,833,532
Health Care Equipment & Supplies - 3.4%
 
 
 
Abbott Laboratories
 
532,685
56,448,629
Baxter International, Inc.
 
165,919
6,698,150
Becton, Dickinson & Co.
 
95,099
22,310,225
Boston Scientific Corp. (a)
 
480,317
34,520,383
Dentsply Sirona, Inc.
 
69,356
2,081,374
Enovis Corp. (a)(b)
 
17,204
950,177
Envista Holdings Corp. (a)
 
53,713
1,057,072
GE Healthcare Technologies, Inc.
 
126,470
9,642,073
Globus Medical, Inc. (a)(b)
 
27,839
1,386,104
Hologic, Inc. (a)
 
75,912
5,751,852
ICU Medical, Inc. (a)
 
6,632
649,405
Integra LifeSciences Holdings Corp. (a)
 
22,388
653,058
Medtronic PLC
 
436,204
35,001,009
QuidelOrtho Corp. (a)
 
17,481
708,855
Solventum Corp.
 
45,137
2,934,356
STERIS PLC
 
32,552
6,658,837
Stryker Corp.
 
87,028
29,284,922
Tandem Diabetes Care, Inc. (a)
 
18,219
668,455
Teleflex, Inc.
 
15,416
3,218,090
The Cooper Companies, Inc.
 
63,777
5,679,980
Zimmer Biomet Holdings, Inc.
 
68,926
8,290,419
 
 
 
234,593,425
Health Care Providers & Services - 3.0%
 
 
 
Acadia Healthcare Co., Inc. (a)
 
29,424
2,175,611
agilon health, Inc. (a)(b)
 
10,489
57,690
Amedisys, Inc. (a)
 
10,486
965,236
Cardinal Health, Inc.
 
39,510
4,071,110
Centene Corp. (a)
 
175,205
12,800,477
Chemed Corp.
 
1,368
777,024
Cigna Group
 
87,464
31,228,147
CVS Health Corp.
 
420,514
28,473,003
Elevance Health, Inc.
 
67,498
35,678,093
Encompass Health Corp.
 
30,192
2,517,409
HCA Holdings, Inc.
 
51,786
16,044,339
Henry Schein, Inc. (a)
 
42,765
2,962,759
Humana, Inc.
 
22,712
6,861,068
Laboratory Corp. of America Holdings
 
27,825
5,603,120
McKesson Corp.
 
27,059
14,536,365
Molina Healthcare, Inc. (a)
 
8,645
2,957,455
Premier, Inc.
 
38,786
809,852
Quest Diagnostics, Inc.
 
36,753
5,078,530
R1 RCM, Inc. (a)
 
49,998
614,475
Tenet Healthcare Corp. (a)
 
33,114
3,718,371
UnitedHealth Group, Inc.
 
48,539
23,478,314
Universal Health Services, Inc. Class B
 
19,316
3,292,026
 
 
 
204,700,474
Health Care Technology - 0.0%
 
 
 
Certara, Inc. (a)
 
24,861
425,372
Doximity, Inc. (a)(b)
 
20,803
505,305
Teladoc Health, Inc. (a)(b)
 
53,939
687,722
 
 
 
1,618,399
Life Sciences Tools & Services - 1.7%
 
 
 
Agilent Technologies, Inc.
 
17,936
2,457,949
Avantor, Inc. (a)
 
221,395
5,364,401
Azenta, Inc. (a)
 
18,015
945,067
Bio-Rad Laboratories, Inc. Class A (a)
 
6,748
1,820,273
Bio-Techne Corp.
 
2,933
185,395
Charles River Laboratories International, Inc. (a)
 
16,651
3,813,079
Danaher Corp.
 
216,145
53,305,680
Fortrea Holdings, Inc.
 
29,036
1,062,427
ICON PLC (a)
 
22,759
6,779,451
Illumina, Inc. (a)
 
36,430
4,482,712
IQVIA Holdings, Inc. (a)
 
4,360
1,010,517
Maravai LifeSciences Holdings, Inc. (a)
 
15,396
126,247
QIAGEN NV
 
72,516
3,069,602
Revvity, Inc.
 
40,687
4,169,197
Sotera Health Co. (a)
 
11,998
134,378
Thermo Fisher Scientific, Inc.
 
48,650
27,668,228
 
 
 
116,394,603
Pharmaceuticals - 4.3%
 
 
 
Bristol-Myers Squibb Co.
 
668,653
29,380,613
Catalent, Inc. (a)
 
59,004
3,295,373
Elanco Animal Health, Inc. (a)(b)
 
160,755
2,115,536
Jazz Pharmaceuticals PLC (a)
 
9,654
1,069,181
Johnson & Johnson
 
791,477
114,439,659
Merck & Co., Inc.
 
680,693
87,959,149
Organon & Co. (b)
 
83,807
1,559,648
Perrigo Co. PLC
 
44,257
1,445,434
Pfizer, Inc.
 
1,855,628
47,541,189
Royalty Pharma PLC
 
121,849
3,375,217
Viatris, Inc.
 
392,551
4,541,815
 
 
 
296,722,814
TOTAL HEALTH CARE
 
 
963,863,247
INDUSTRIALS - 14.4%
 
 
 
Aerospace & Defense - 3.5%
 
 
 
BWX Technologies, Inc.
 
24,831
2,378,065
Curtiss-Wright Corp.
 
12,513
3,171,044
General Dynamics Corp.
 
80,367
23,072,562
General Electric Co.
 
356,034
57,613,422
HEICO Corp. (b)
 
1,474
305,708
HEICO Corp. Class A
 
2,630
436,186
Hexcel Corp.
 
27,646
1,775,150
Howmet Aerospace, Inc.
 
124,468
8,308,239
Huntington Ingalls Industries, Inc.
 
12,858
3,560,766
L3Harris Technologies, Inc.
 
62,091
13,290,579
Mercury Systems, Inc. (a)(b)
 
17,530
494,346
Northrop Grumman Corp.
 
43,794
21,241,404
RTX Corp.
 
472,265
47,944,343
Spirit AeroSystems Holdings, Inc. Class A (a)
 
33,920
1,085,440
Textron, Inc.
 
64,215
5,431,947
The Boeing Co. (a)
 
160,463
26,932,110
TransDigm Group, Inc.
 
14,452
18,036,530
Woodward, Inc.
 
19,628
3,186,802
 
 
 
238,264,643
Air Freight & Logistics - 0.8%
 
 
 
C.H. Robinson Worldwide, Inc.
 
8,307
589,797
Expeditors International of Washington, Inc.
 
41,090
4,573,728
FedEx Corp.
 
76,145
19,933,238
GXO Logistics, Inc. (a)
 
38,392
1,906,547
United Parcel Service, Inc. Class B
 
171,947
25,358,744
 
 
 
52,362,054
Building Products - 1.3%
 
 
 
A.O. Smith Corp.
 
35,460
2,937,506
Allegion PLC
 
2,159
262,448
Armstrong World Industries, Inc.
 
10,186
1,170,168
Builders FirstSource, Inc. (a)
 
39,806
7,277,333
Carlisle Companies, Inc.
 
15,878
6,164,634
Carrier Global Corp.
 
273,479
16,816,224
Fortune Brands Innovations, Inc.
 
41,471
3,031,530
Hayward Holdings, Inc. (a)(b)
 
43,421
589,657
Johnson Controls International PLC
 
223,275
14,528,504
Lennox International, Inc. (b)
 
10,486
4,859,422
Masco Corp.
 
73,778
5,050,104
Owens Corning
 
29,056
4,887,510
The AZEK Co., Inc. (a)
 
47,107
2,149,963
Trane Technologies PLC
 
52,696
16,722,549
 
 
 
86,447,552
Commercial Services & Supplies - 0.5%
 
 
 
Cintas Corp.
 
3,128
2,059,288
Clean Harbors, Inc. (a)
 
16,600
3,144,870
Driven Brands Holdings, Inc. (a)
 
19,907
285,267
MSA Safety, Inc.
 
10,044
1,811,938
RB Global, Inc.
 
14,003
1,002,335
Republic Services, Inc.
 
67,792
12,995,726
Stericycle, Inc. (a)
 
30,204
1,351,025
Tetra Tech, Inc.
 
14,237
2,772,229
Veralto Corp.
 
72,047
6,749,363
Vestis Corp.
 
38,566
710,386
Waste Management, Inc.
 
13,484
2,804,942
 
 
 
35,687,369
Construction & Engineering - 0.3%
 
 
 
AECOM
 
44,537
4,113,437
EMCOR Group, Inc.
 
9,953
3,554,913
MasTec, Inc. (a)
 
20,391
1,808,478
MDU Resources Group, Inc.
 
66,278
1,637,067
Quanta Services, Inc.
 
34,768
8,989,614
Valmont Industries, Inc.
 
6,356
1,301,709
Willscot Mobile Mini Holdings (a)
 
45,711
1,689,479
 
 
 
23,094,697
Electrical Equipment - 1.7%
 
 
 
Acuity Brands, Inc. (b)
 
10,118
2,512,299
AMETEK, Inc.
 
75,493
13,185,607
Eaton Corp. PLC
 
130,773
41,619,815
Emerson Electric Co.
 
187,398
20,197,756
GE Vernova LLC
 
89,008
13,681,420
Generac Holdings, Inc. (a)
 
19,640
2,670,254
Hubbell, Inc. Class B
 
9,563
3,543,283
nVent Electric PLC
 
53,967
3,889,402
Plug Power, Inc. (a)(b)
 
171,917
397,128
Regal Rexnord Corp.
 
21,698
3,501,406
Sensata Technologies, Inc. PLC
 
49,481
1,895,617
Sunrun, Inc. (a)(b)
 
70,258
722,955
Vertiv Holdings Co. (b)
 
104,395
9,708,735
 
 
 
117,525,677
Ground Transportation - 1.2%
 
 
 
Avis Budget Group, Inc.
 
3,991
380,941
CSX Corp.
 
576,003
19,134,820
Hertz Global Holdings, Inc. (a)(b)
 
43,059
195,918
J.B. Hunt Transport Services, Inc.
 
21,688
3,525,818
Knight-Swift Transportation Holdings, Inc. Class A
 
51,230
2,368,363
Landstar System, Inc.
 
2,381
415,270
Norfolk Southern Corp.
 
74,599
17,181,642
Old Dominion Freight Lines, Inc.
 
4,480
814,061
Ryder System, Inc.
 
14,347
1,748,182
Saia, Inc. (a)
 
7,753
3,076,623
Schneider National, Inc. Class B
 
17,585
363,658
U-Haul Holding Co. (a)(b)
 
442
27,948
U-Haul Holding Co. (non-vtg.) (b)
 
21,498
1,318,257
Union Pacific Corp.
 
114,500
27,154,820
XPO, Inc. (a)
 
37,365
4,015,243
 
 
 
81,721,564
Industrial Conglomerates - 0.8%
 
 
 
3M Co.
 
180,546
17,424,494
Honeywell International, Inc.
 
190,441
36,703,694
 
 
 
54,128,188
Machinery - 2.7%
 
 
 
AGCO Corp.
 
20,529
2,344,207
Allison Transmission Holdings, Inc.
 
26,444
1,944,956
Caterpillar, Inc.
 
41,890
14,015,137
CNH Industrial NV
 
320,697
3,655,946
Crane Co.
 
15,737
2,203,337
Cummins, Inc.
 
44,707
12,629,280
Deere & Co.
 
5,500
2,152,755
Donaldson Co., Inc.
 
23,237
1,677,711
Dover Corp.
 
45,778
8,207,995
ESAB Corp. (b)
 
18,506
1,959,415
Flowserve Corp.
 
42,905
2,023,400
Fortive Corp.
 
116,066
8,736,288
Gates Industrial Corp. PLC (a)
 
54,092
953,101
Graco, Inc.
 
32,401
2,598,560
IDEX Corp.
 
22,800
5,026,488
Illinois Tool Works, Inc.
 
18,184
4,438,896
Ingersoll Rand, Inc.
 
132,835
12,396,162
ITT, Inc. (b)
 
27,107
3,506,019
Lincoln Electric Holdings, Inc.
 
1,190
261,241
Middleby Corp. (a)
 
17,448
2,424,749
Nordson Corp.
 
18,764
4,844,677
Oshkosh Corp.
 
21,383
2,400,669
Otis Worldwide Corp.
 
127,687
11,645,054
PACCAR, Inc.
 
168,299
17,858,207
Parker Hannifin Corp.
 
41,948
22,857,885
Pentair PLC
 
53,827
4,257,177
RBC Bearings, Inc. (a)(b)
 
9,274
2,267,957
Snap-On, Inc.
 
17,077
4,575,953
Stanley Black & Decker, Inc.
 
50,235
4,591,479
Timken Co.
 
20,055
1,789,307
Westinghouse Air Brake Tech Co.
 
58,514
9,425,435
Xylem, Inc.
 
68,567
8,961,707
 
 
 
188,631,150
Marine Transportation - 0.0%
 
 
 
Kirby Corp. (a)
 
19,333
2,109,810
Passenger Airlines - 0.3%
 
 
 
Alaska Air Group, Inc. (a)
 
40,677
1,749,925
American Airlines Group, Inc. (a)
 
134,045
1,810,948
Delta Air Lines, Inc.
 
199,876
10,007,791
Southwest Airlines Co.
 
195,074
5,060,220
United Airlines Holdings, Inc. (a)
 
107,192
5,516,100
 
 
 
24,144,984
Professional Services - 0.7%
 
 
 
Automatic Data Processing, Inc.
 
19,288
4,665,574
Broadridge Financial Solutions, Inc.
 
6,310
1,220,417
CACI International, Inc. Class A (a)
 
7,236
2,910,536
Clarivate PLC (a)(b)
 
151,730
1,025,695
Concentrix Corp. (b)
 
14,377
785,991
Dayforce, Inc. (a)(b)
 
44,811
2,750,051
Dun & Bradstreet Holdings, Inc.
 
89,089
810,710
Equifax, Inc.
 
12,318
2,712,300
FTI Consulting, Inc. (a)
 
8,897
1,902,446
Genpact Ltd.
 
43,612
1,340,633
Jacobs Solutions, Inc.
 
41,287
5,925,923
KBR, Inc.
 
27,927
1,813,579
Leidos Holdings, Inc.
 
44,792
6,280,734
ManpowerGroup, Inc.
 
15,883
1,198,372
Paycor HCM, Inc. (a)(b)
 
11,488
199,547
Robert Half, Inc.
 
33,885
2,342,809
Science Applications International Corp.
 
17,000
2,187,900
SS&C Technologies Holdings, Inc.
 
71,310
4,413,376
TransUnion (b)
 
63,366
4,625,718
 
 
 
49,112,311
Trading Companies & Distributors - 0.6%
 
 
 
Air Lease Corp. Class A (b)
 
33,931
1,704,693
Core & Main, Inc. (a)
 
56,928
3,214,724
Fastenal Co.
 
47,040
3,195,898
Ferguson PLC
 
63,408
13,309,339
MSC Industrial Direct Co., Inc. Class A
 
15,169
1,384,020
SiteOne Landscape Supply, Inc. (a)(b)
 
9,885
1,550,858
United Rentals, Inc.
 
17,654
11,792,695
Watsco, Inc. (b)
 
8,289
3,711,151
WESCO International, Inc.
 
14,514
2,217,014
 
 
 
42,080,392
TOTAL INDUSTRIALS
 
 
995,310,391
INFORMATION TECHNOLOGY - 9.0%
 
 
 
Communications Equipment - 1.1%
 
 
 
Ciena Corp. (a)
 
47,251
2,184,414
Cisco Systems, Inc.
 
1,331,719
62,564,159
F5, Inc. (a)
 
19,398
3,206,683
Juniper Networks, Inc.
 
104,437
3,636,496
Lumentum Holdings, Inc. (a)
 
21,888
957,819
Motorola Solutions, Inc.
 
4,341
1,472,250
Ubiquiti, Inc.
 
194
20,871
ViaSat, Inc. (a)(b)
 
38,221
608,096
 
 
 
74,650,788
Electronic Equipment, Instruments & Components - 0.9%
 
 
 
Amphenol Corp. Class A
 
95,126
11,488,367
Arrow Electronics, Inc. (a)
 
17,681
2,257,333
Avnet, Inc.
 
29,809
1,456,766
CDW Corp.
 
2,567
620,855
Cognex Corp.
 
56,669
2,354,030
Coherent Corp. (a)
 
42,598
2,327,129
Corning, Inc.
 
249,641
8,333,017
Crane NXT Co. (b)
 
15,787
960,007
IPG Photonics Corp. (a)
 
9,838
826,195
Jabil, Inc.
 
15,220
1,786,219
Keysight Technologies, Inc. (a)
 
42,577
6,298,841
Littelfuse, Inc.
 
7,938
1,830,820
TD SYNNEX Corp.
 
22,220
2,618,405
Teledyne Technologies, Inc. (a)
 
15,291
5,833,211
Trimble, Inc. (a)
 
80,851
4,856,720
Vontier Corp. (b)
 
33,797
1,373,172
Zebra Technologies Corp. Class A (a)
 
13,772
4,332,120
 
 
 
59,553,207
IT Services - 1.2%
 
 
 
Akamai Technologies, Inc. (a)
 
49,011
4,946,680
Amdocs Ltd.
 
37,764
3,171,798
Cognizant Technology Solutions Corp. Class A
 
164,760
10,821,437
DXC Technology Co. (a)(b)
 
63,377
1,235,218
GoDaddy, Inc. (a)(b)
 
18,206
2,228,050
IBM Corp.
 
298,399
49,593,914
Kyndryl Holdings, Inc. (a)
 
74,491
1,464,493
Okta, Inc. (a)
 
46,951
4,365,504
Twilio, Inc. Class A (a)
 
46,377
2,777,055
VeriSign, Inc. (a)
 
27,591
4,676,123
 
 
 
85,280,272
Semiconductors & Semiconductor Equipment - 3.8%
 
 
 
Advanced Micro Devices, Inc. (a)
 
226,880
35,933,254
Analog Devices, Inc.
 
163,541
32,807,960
Applied Materials, Inc.
 
42,532
8,448,982
Cirrus Logic, Inc. (a)
 
17,664
1,564,500
Entegris, Inc.
 
46,451
6,174,267
First Solar, Inc. (a)
 
34,923
6,156,925
GlobalFoundries, Inc. (a)(b)
 
25,735
1,257,927
Intel Corp.
 
1,385,803
42,225,417
Lam Research Corp.
 
2,290
2,048,199
Marvell Technology, Inc.
 
280,531
18,489,798
Microchip Technology, Inc.
 
50,047
4,603,323
Micron Technology, Inc.
 
358,897
40,541,005
MKS Instruments, Inc.
 
21,771
2,590,314
ON Semiconductor Corp. (a)
 
141,529
9,929,675
Qorvo, Inc. (a)
 
32,118
3,752,667
Qualcomm, Inc.
 
46,896
7,777,702
Skyworks Solutions, Inc.
 
52,178
5,561,653
Teradyne, Inc.
 
8,427
980,229
Texas Instruments, Inc.
 
176,482
31,134,954
Universal Display Corp.
 
8,399
1,326,874
Wolfspeed, Inc. (a)(b)
 
40,710
1,100,391
 
 
 
264,406,016
Software - 1.6%
 
 
 
ANSYS, Inc. (a)
 
4,985
1,619,527
AppLovin Corp. (a)
 
48,963
3,455,319
Aspen Technology, Inc. (a)
 
9,009
1,773,602
Bentley Systems, Inc. Class B
 
4,720
247,942
Bill Holdings, Inc. (a)
 
33,653
2,098,601
CCC Intelligent Solutions Holdings, Inc. Class A (a)
 
111,118
1,246,744
Dolby Laboratories, Inc. Class A
 
19,165
1,488,354
Dropbox, Inc. Class A (a)
 
9,323
215,921
Gen Digital, Inc.
 
153,417
3,089,818
Guidewire Software, Inc. (a)(b)
 
26,759
2,954,194
HashiCorp, Inc. (a)
 
10,107
328,073
Informatica, Inc. (a)(b)
 
13,037
403,756
nCino, Inc. (a)
 
21,039
613,497
NCR Voyix Corp. (a)
 
42,143
516,252
Nutanix, Inc. Class A (a)
 
60,346
3,663,002
Oracle Corp.
 
298,427
33,946,071
PTC, Inc. (a)
 
17,934
3,182,209
Roper Technologies, Inc.
 
34,703
17,749,196
Salesforce, Inc.
 
75,607
20,333,747
SentinelOne, Inc. (a)
 
68,180
1,440,643
Tyler Technologies, Inc. (a)
 
3,333
1,538,346
UiPath, Inc. Class A (a)(b)
 
28,993
549,997
Unity Software, Inc. (a)(b)
 
57,889
1,404,966
Zoom Video Communications, Inc. Class A (a)
 
84,613
5,169,854
 
 
 
109,029,631
Technology Hardware, Storage & Peripherals - 0.4%
 
 
 
Hewlett Packard Enterprise Co.
 
425,829
7,239,093
HP, Inc.
 
225,748
6,341,261
NetApp, Inc.
 
40,692
4,159,129
Pure Storage, Inc. Class A (a)
 
20,631
1,039,802
Western Digital Corp. (a)
 
106,415
7,537,374
 
 
 
26,316,659
TOTAL INFORMATION TECHNOLOGY
 
 
619,236,573
MATERIALS - 4.8%
 
 
 
Chemicals - 2.8%
 
 
 
Air Products & Chemicals, Inc.
 
72,824
17,211,224
Albemarle Corp. (b)
 
38,423
4,622,671
Ashland, Inc.
 
16,374
1,560,933
Axalta Coating Systems Ltd. (a)
 
64,818
2,037,878
Celanese Corp. Class A (b)
 
32,427
4,981,111
CF Industries Holdings, Inc.
 
63,163
4,987,982
Corteva, Inc.
 
231,576
12,535,209
Dow, Inc.
 
232,320
13,219,008
DuPont de Nemours, Inc.
 
141,194
10,236,565
Eastman Chemical Co.
 
38,902
3,673,905
Ecolab, Inc.
 
18,106
4,094,672
Element Solutions, Inc.
 
73,217
1,693,509
FMC Corp.
 
34,867
2,057,502
Ginkgo Bioworks Holdings, Inc. Class A (a)(b)
 
467,513
416,601
Huntsman Corp.
 
54,355
1,296,910
International Flavors & Fragrances, Inc.
 
83,797
7,093,416
Linde PLC
 
144,213
63,592,164
LyondellBasell Industries NV Class A
 
84,912
8,488,653
NewMarket Corp. (b)
 
2,046
1,078,078
Olin Corp.
 
39,387
2,059,152
PPG Industries, Inc.
 
57,705
7,443,945
RPM International, Inc. (b)
 
33,755
3,608,747
Sherwin-Williams Co.
 
13,041
3,907,214
The Chemours Co. LLC
 
48,763
1,304,410
The Mosaic Co.
 
106,863
3,354,430
Westlake Corp.
 
10,615
1,564,226
 
 
 
188,120,115
Construction Materials - 0.3%
 
 
 
Eagle Materials, Inc.
 
3,826
959,216
Martin Marietta Materials, Inc.
 
20,260
11,894,038
Vulcan Materials Co.
 
33,913
8,737,006
 
 
 
21,590,260
Containers & Packaging - 0.6%
 
 
 
Amcor PLC
 
472,750
4,226,385
Aptargroup, Inc.
 
21,460
3,098,395
Ardagh Metal Packaging SA
 
3,091
12,209
Avery Dennison Corp.
 
17,778
3,862,804
Ball Corp.
 
101,101
7,033,597
Berry Global Group, Inc.
 
38,043
2,154,756
Crown Holdings, Inc.
 
34,805
2,856,446
Graphic Packaging Holding Co. (b)
 
46,458
1,200,939
International Paper Co.
 
113,633
3,970,337
Packaging Corp. of America
 
29,031
5,021,782
Sealed Air Corp.
 
21,017
661,615
Silgan Holdings, Inc.
 
26,476
1,235,370
Sonoco Products Co.
 
32,076
1,797,860
WestRock Co.
 
83,341
3,997,034
 
 
 
41,129,529
Metals & Mining - 1.1%
 
 
 
Alcoa Corp. (b)
 
58,314
2,049,154
Cleveland-Cliffs, Inc. (a)(b)
 
163,405
2,761,545
Freeport-McMoRan, Inc.
 
469,028
23,423,258
MP Materials Corp. (a)(b)
 
34,267
548,272
Newmont Corp.
 
378,718
15,391,100
Nucor Corp.
 
80,632
13,588,911
Reliance, Inc.
 
18,738
5,335,083
Royal Gold, Inc. (b)
 
21,507
2,583,636
SSR Mining, Inc.
 
66,900
358,584
Steel Dynamics, Inc.
 
50,003
6,506,390
United States Steel Corp. (b)
 
72,645
2,651,543
 
 
 
75,197,476
Paper & Forest Products - 0.0%
 
 
 
Louisiana-Pacific Corp. (b)
 
21,075
1,542,479
TOTAL MATERIALS
 
 
327,579,859
REAL ESTATE - 4.4%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 4.1%
 
 
 
Agree Realty Corp.
 
32,510
1,860,222
Alexandria Real Estate Equities, Inc.
 
56,922
6,595,552
American Homes 4 Rent Class A (b)
 
109,242
3,910,864
Americold Realty Trust
 
92,984
2,042,858
Apartment Income (REIT) Corp.
 
48,113
1,846,577
AvalonBay Communities, Inc.
 
46,513
8,817,469
Boston Properties, Inc.
 
51,458
3,184,736
Brixmor Property Group, Inc.
 
98,187
2,169,933
Camden Property Trust (SBI)
 
34,041
3,393,207
Cousins Properties, Inc.
 
49,654
1,139,063
Crown Castle, Inc.
 
126,984
11,908,560
CubeSmart
 
73,378
2,967,406
Digital Realty Trust, Inc.
 
99,145
13,759,343
EastGroup Properties, Inc.
 
15,007
2,331,488
EPR Properties
 
24,382
989,665
Equinix, Inc.
 
15,264
10,854,383
Equity Lifestyle Properties, Inc.
 
39,227
2,364,996
Equity Residential (SBI)
 
122,417
7,883,655
Essex Property Trust, Inc.
 
20,948
5,158,445
Extra Space Storage, Inc.
 
68,638
9,216,711
Federal Realty Investment Trust (SBI)
 
26,520
2,762,588
First Industrial Realty Trust, Inc.
 
43,296
1,966,504
Gaming & Leisure Properties
 
83,929
3,586,286
Healthcare Realty Trust, Inc.
 
124,589
1,772,901
Healthpeak Properties, Inc.
 
231,724
4,312,384
Highwoods Properties, Inc. (SBI)
 
34,196
895,935
Host Hotels & Resorts, Inc.
 
229,356
4,327,948
Invitation Homes, Inc.
 
200,574
6,859,631
Iron Mountain, Inc.
 
47,989
3,720,107
Kilroy Realty Corp.
 
38,259
1,293,154
Kimco Realty Corp.
 
215,260
4,010,294
Lamar Advertising Co. Class A
 
6,550
758,818
Medical Properties Trust, Inc. (b)
 
195,128
897,589
Mid-America Apartment Communities, Inc.
 
38,099
4,952,870
National Storage Affiliates Trust
 
24,692
865,208
Net Lease Office Properties
 
4,805
109,842
NNN (REIT), Inc.
 
59,510
2,411,940
Omega Healthcare Investors, Inc.
 
80,281
2,441,345
Park Hotels & Resorts, Inc.
 
68,240
1,100,711
Prologis, Inc.
 
302,963
30,917,374
Public Storage
 
21,551
5,591,407
Rayonier, Inc.
 
48,149
1,428,099
Realty Income Corp.
 
273,004
14,616,634
Regency Centers Corp.
 
59,274
3,510,206
Rexford Industrial Realty, Inc. (b)
 
69,049
2,955,988
SBA Communications Corp. Class A
 
31,684
5,897,026
Simon Property Group, Inc.
 
83,288
11,704,463
STAG Industrial, Inc.
 
59,618
2,050,263
Sun Communities, Inc.
 
31,532
3,510,142
UDR, Inc.
 
101,625
3,869,880
Ventas, Inc.
 
131,110
5,805,551
VICI Properties, Inc.
 
339,433
9,690,812
Vornado Realty Trust
 
57,976
1,509,115
Welltower, Inc.
 
181,902
17,331,623
Weyerhaeuser Co.
 
240,364
7,251,782
WP Carey, Inc.
 
71,112
3,899,782
 
 
 
282,981,335
Real Estate Management & Development - 0.3%
 
 
 
CBRE Group, Inc. (a)
 
99,699
8,662,846
CoStar Group, Inc. (a)
 
75,631
6,922,505
Howard Hughes Holdings, Inc. (b)
 
11,043
719,562
Jones Lang LaSalle, Inc. (a)
 
15,545
2,808,982
Zillow Group, Inc.:
 
 
 
 Class A (a)
 
17,771
746,382
 Class C (a)
 
50,575
2,152,978
 
 
 
22,013,255
TOTAL REAL ESTATE
 
 
304,994,590
UTILITIES - 4.9%
 
 
 
Electric Utilities - 3.2%
 
 
 
Alliant Energy Corp.
 
83,699
4,168,210
American Electric Power Co., Inc.
 
172,873
14,872,264
Avangrid, Inc. (b)
 
23,369
853,670
Constellation Energy Corp.
 
105,595
19,634,334
Duke Energy Corp.
 
253,121
24,871,669
Edison International
 
124,064
8,815,988
Entergy Corp.
 
69,470
7,410,365
Evergy, Inc.
 
73,070
3,832,522
Eversource Energy
 
114,410
6,935,534
Exelon Corp.
 
326,346
12,264,083
FirstEnergy Corp.
 
178,741
6,852,930
Hawaiian Electric Industries, Inc. (b)
 
35,937
353,979
IDACORP, Inc.
 
16,566
1,570,125
NextEra Energy, Inc.
 
674,106
45,144,879
NRG Energy, Inc.
 
73,597
5,348,294
OGE Energy Corp.
 
65,590
2,272,694
PG&E Corp.
 
668,704
11,441,525
Pinnacle West Capital Corp. (b)
 
37,148
2,735,950
PPL Corp.
 
242,243
6,651,993
Southern Co.
 
357,837
26,301,020
Xcel Energy, Inc.
 
180,864
9,717,823
 
 
 
222,049,851
Gas Utilities - 0.1%
 
 
 
Atmos Energy Corp.
 
49,433
5,828,151
National Fuel Gas Co.
 
29,142
1,547,440
UGI Corp.
 
68,536
1,751,780
 
 
 
9,127,371
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Brookfield Renewable Corp. (b)
 
43,753
1,016,820
Clearway Energy, Inc.:
 
 
 
 Class A
 
11,367
246,778
 Class C
 
26,653
623,147
The AES Corp.
 
85,304
1,526,942
Vistra Corp.
 
82,214
6,235,110
 
 
 
9,648,797
Multi-Utilities - 1.3%
 
 
 
Ameren Corp.
 
85,948
6,348,979
CenterPoint Energy, Inc.
 
207,111
6,035,215
CMS Energy Corp.
 
95,444
5,784,861
Consolidated Edison, Inc.
 
113,894
10,751,594
Dominion Energy, Inc.
 
274,434
13,990,645
DTE Energy Co.
 
67,617
7,459,507
NiSource, Inc.
 
135,639
3,778,903
Public Service Enterprise Group, Inc.
 
163,233
11,276,136
Sempra
 
206,848
14,816,522
WEC Energy Group, Inc.
 
103,574
8,559,355
 
 
 
88,801,717
Water Utilities - 0.2%
 
 
 
American Water Works Co., Inc.
 
63,955
7,822,976
Essential Utilities, Inc. (b)
 
82,306
3,010,753
 
 
 
10,833,729
TOTAL UTILITIES
 
 
340,461,465
 
TOTAL COMMON STOCKS
 (Cost $5,007,265,257)
 
 
 
6,860,396,817
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Principal
Amount (d)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 5.3% 5/23/24 (e)
 
 (Cost $996,801)
 
 
1,000,000
996,773
 
 
 
 
Money Market Funds - 2.3%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (f)
 
42,744,290
42,752,839
Fidelity Securities Lending Cash Central Fund 5.39% (f)(g)
 
113,917,423
113,928,815
 
TOTAL MONEY MARKET FUNDS
 (Cost $156,681,278)
 
 
156,681,654
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 101.9%
 (Cost $5,164,943,336)
 
 
 
7,018,075,244
NET OTHER ASSETS (LIABILITIES) - (1.9)% (h)
(131,566,288)
NET ASSETS - 100.0%
6,886,508,956
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Purchased
 
 
 
 
 
 
 
 
 
 
 
Equity Index Contracts
 
 
 
 
 
CME E-mini S&P 500 Index Contracts (United States)
49
Jun 2024
12,414,150
44,965
44,965
CME E-mini S&P MidCap 400 Index Contracts (United States)
46
Jun 2024
13,235,120
141,239
141,239
 
 
 
 
 
 
TOTAL FUTURES CONTRACTS
 
 
 
 
186,204
The notional amount of futures purchased as a percentage of Net Assets is 0.4%
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Level 3 security
 
(d)
Amount is stated in United States dollars unless otherwise noted.
 
(e)
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 $996,773.
 
(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.
 
(h)
Includes $1,493,366 of cash collateral to cover margin requirements for futures contracts.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
GCI Liberty, Inc. Class A (Escrow)
5/23/23
0
 
 
 
 
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%
8,857,408
529,637,642
495,741,361
365,967
(850)
-
42,752,839
0.1%
Fidelity Securities Lending Cash Central Fund 5.39%
153,089,806
162,349,361
201,510,352
178,366
-
-
113,928,815
0.4%
Total
161,947,214
691,987,003
697,251,713
544,333
(850)
-
156,681,654
 
 
 
 
 
 
 
 
 
 
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.
 
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.