0001752724-24-218116.txt : 20240925 0001752724-24-218116.hdr.sgml : 20240925 20240925162654 ACCESSION NUMBER: 0001752724-24-218116 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240731 FILED AS OF DATE: 20240925 DATE AS OF CHANGE: 20240925 PERIOD START: 20250430 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: 241324731 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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78467J100 679812.00000000 NS USD 49592285.40000000 0.138259125710 Long EC CORP US N 1 N N N JAZZ PHARMACEUTICALS PLC 635400GAUMJCLEZRRV50 JAZZ PHARMA PLC N/A 196902.00000000 NS USD 21708445.50000000 0.060521322442 Long EC CORP IE N 1 N N N RINGCENTRAL INC 549300C8EH0H1614VE84 RINGCENTRAL INC CL A 76680R206 259875.00000000 NS USD 9108618.75000000 0.025394063908 Long EC CORP US N 1 N N N SCHNEIDER NATIONAL INC 529900V6GZ6G6E3BLV72 SCHNEIDER NATIONAL INC CL B 80689H102 167945.00000000 NS USD 4519399.95000000 0.012599707409 Long EC CORP US N 1 N N N COGNIZANT TECHNOLOGY SOLUTIONS CORP 5493006IEVQEFQO40L83 COGNIZANT TECH SOLUTIONS CL A 192446102 1589193.00000000 NS USD 120270126.24000000 0.335303008702 Long EC CORP US N 1 N N N SMARTSHEET INC 549300N9WF42OK9VL589 SMARTSHEET INC 83200N103 412487.00000000 NS USD 19782876.52000000 0.055152997883 Long EC CORP US N 1 N N N BROOKFIELD RENEWABLE CORP N/A BROOKFIELD RENEWABLE CORP 11284V105 427377.00000000 NS USD 12009293.70000000 0.033480901998 Long EC CORP CA N 1 N N MATCH GROUP INC 15OMOPB0A8K0EFUVD031 MATCH GROUP INC 57667L107 837362.00000000 NS USD 31936986.68000000 0.089037636007 Long EC CORP US N 1 N N N IONIS PHARMACEUTICALS INC 549300SI4ZGLG0BLUZ92 IONIS PHARMACEUTICALS INC 462222100 458744.00000000 NS USD 22689478.24000000 0.063256359310 Long EC CORP US N 1 N N N LAS VEGAS SANDS CORP 549300DUOO1KXOHPM605 LAS VEGAS SANDS CORP 517834107 1148484.00000000 NS USD 45560360.28000000 0.127018457176 Long EC CORP US N 1 N N N GUIDEWIRE SOFTWARE INC 549300WXSG0J8IXZCK32 GUIDEWIRE SOFTWARE INC 40171V100 258896.00000000 NS USD 38852522.72000000 0.108317569549 Long EC CORP US N 1 N N N MASIMO CORP 549300Q4A8JK0PIYCU29 MASIMO CORP 574795100 135490.00000000 NS USD 14494720.20000000 0.040410062293 Long EC CORP US N 1 N N N AVALONBAY COMMUNITIES INC K9G90K85RBWD2LAGQX17 AVALONBAY COMMUNITIES INC REIT 053484101 444060.00000000 NS USD 90996775.20000000 0.253691365102 Long EC CORP US N 1 N N N CELANESE CORP DEL 549300FHJQTDPPN41627 CELANESE CORP 150870103 352337.00000000 NS USD 49732367.55000000 0.138649662977 Long EC CORP US N 1 N N N ONTO INNOVATION INC 549300V1USTYXJ7TNR79 ONTO INNOVATION INC 683344105 154907.00000000 NS USD 29633709.10000000 0.082616291600 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 726577.00000000 NS USD 132702023.28000000 0.369962093312 Long EC CORP US N 1 N N N COUPANG INC 549300XR4L1D80AK4W76 COUPANG INC A 22266T109 3686805.00000000 NS USD 76501203.75000000 0.213278929595 Long EC CORP US N 1 N N N INTERACTIVE BROKERS GROUP INC 5493004DT6DCDUZNDM53 INTERACTIVE BROKERS GROUP INC 45841N107 328556.00000000 NS USD 39186874.12000000 0.109249713165 Long EC CORP US N 1 N N N SEABOARD CORP 87Q3KOXT29OW9W9YPT70 SEABOARD CORP 811543107 812.00000000 NS USD 2637302.92000000 0.007352578995 Long EC CORP US N 1 N N N SOFI TECHNOLOGIES INC 549300SW81JCMVZDDY09 SOFI TECHNOLOGIES INC 83406F102 3339300.00000000 NS USD 25178322.00000000 0.070195046638 Long 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CORP US N 1 N N N COUSINS PROPERTIES INC 5493007XPYD5EJABN062 COUSINS PROPERTIES INC 222795502 499255.00000000 NS USD 13734505.05000000 0.038290646316 Long EC CORP US N 1 N N N MGM RESORTS INTERNATIONAL 54930066VBP7DZEGGJ87 MGM RESORTS INTERNATIONAL 552953101 786054.00000000 NS USD 33776740.38000000 0.094166714774 Long EC CORP US N 1 N N N RALPH LAUREN CORP HO1QNWM0IXBZ0QSMMO20 RALPH LAUREN CORP 751212101 121800.00000000 NS USD 21386862.00000000 0.059624774659 Long EC CORP US N 1 N N N 2024-08-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_2349_20240731.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Mid Cap Index Fund
July 31, 2024
MCX-NPRT1-0924
1.929304.112
Common Stocks - 99.6%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 3.5%
 
 
 
Diversified Telecommunication Services - 0.2%
 
 
 
Frontier Communications Parent, Inc. (a)(b)
 
776,508
22,751,684
Iridium Communications, Inc.
 
379,000
10,877,300
Liberty Global Ltd.:
 
 
 
 Class A
 
524,642
10,225,273
 Class C
 
590,576
11,876,483
 
 
 
55,730,740
Entertainment - 1.5%
 
 
 
Electronic Arts, Inc.
 
848,912
128,134,777
Liberty Media Corp. Liberty Formula One:
 
 
 
 Class A
 
79,992
5,917,008
 Class C
 
619,658
50,111,742
Liberty Media Corp. Liberty Live:
 
 
 
 Class C
 
146,746
5,726,029
 Series A
 
74,532
2,815,074
Live Nation Entertainment, Inc. (a)
 
505,679
48,641,263
Madison Square Garden Sports Corp. (a)
 
61,053
12,235,632
Playtika Holding Corp.
 
278,582
2,125,581
Roblox Corp. (a)
 
1,616,423
67,113,883
Roku, Inc. Class A (a)
 
399,724
23,267,934
Take-Two Interactive Software, Inc. (a)
 
533,995
80,382,267
TKO Group Holdings, Inc.
 
249,565
27,289,933
Warner Bros Discovery, Inc. (a)
 
7,763,901
67,157,744
 
 
 
520,918,867
Interactive Media & Services - 0.3%
 
 
 
IAC, Inc. (a)
 
264,288
13,957,049
Match Group, Inc. (a)
 
837,362
31,936,987
Pinterest, Inc. Class A (a)
 
1,873,244
59,850,146
TripAdvisor, Inc. (a)
 
341,282
6,016,802
Trump Media & Technology Group (a)(b)
 
182,340
5,240,452
Zoominfo Technologies, Inc. (a)
 
511,883
5,814,991
 
 
 
122,816,427
Media - 1.5%
 
 
 
Charter Communications, Inc. Class A (a)
 
299,551
113,745,506
Fox Corp.:
 
 
 
 Class A
 
750,544
28,550,694
 Class B
 
440,471
15,605,888
Interpublic Group of Companies, Inc.
 
1,227,322
39,482,949
Liberty Broadband Corp.:
 
 
 
 Class A (a)
 
50,819
3,365,234
 Class C (a)
 
225,705
15,210,260
Liberty Media Corp. Liberty SiriusXM:
 
 
 
 Class A
 
223,990
5,066,654
 Class C
 
492,864
11,094,369
News Corp.:
 
 
 
 Class A
 
1,203,534
33,193,468
 Class B
 
359,717
10,248,337
Nexstar Media Group, Inc.
 
101,875
18,825,481
Omnicom Group, Inc.
 
618,450
60,632,838
Paramount Global:
 
 
 
 Class A (b)
 
29,613
678,138
 Class B (b)
 
1,870,922
21,365,929
Sirius XM Holdings, Inc. (b)
 
1,933,314
6,669,933
The New York Times Co. Class A
 
508,516
27,251,372
The Trade Desk, Inc. Class A (a)
 
1,402,200
126,029,736
 
 
 
537,016,786
TOTAL COMMUNICATION SERVICES
 
 
1,236,482,820
CONSUMER DISCRETIONARY - 10.7%
 
 
 
Automobile Components - 0.4%
 
 
 
Aptiv PLC (a)
 
861,430
59,774,628
BorgWarner, Inc.
 
747,970
26,410,821
Gentex Corp.
 
731,640
22,724,738
Lear Corp.
 
184,234
22,483,917
QuantumScape Corp. Class A (a)(b)
 
1,108,526
7,161,078
 
 
 
138,555,182
Automobiles - 0.2%
 
 
 
Harley-Davidson, Inc.
 
382,753
14,353,238
Lucid Group, Inc. Class A (a)(b)
 
2,807,474
9,882,308
Rivian Automotive, Inc. (a)(b)
 
2,602,962
42,714,606
Thor Industries, Inc.
 
160,862
17,073,893
 
 
 
84,024,045
Broadline Retail - 0.7%
 
 
 
Coupang, Inc. Class A (a)
 
3,686,805
76,501,204
Dillard's, Inc. Class A (b)
 
11,044
4,402,028
eBay, Inc.
 
1,623,391
90,276,774
Etsy, Inc. (a)
 
313,631
20,429,923
Kohl's Corp.
 
216,694
4,693,592
Macy's, Inc.
 
894,138
15,450,705
Nordstrom, Inc. (b)
 
213,927
4,883,953
Ollie's Bargain Outlet Holdings, Inc. (a)
 
198,023
19,334,966
 
 
 
235,973,145
Distributors - 0.4%
 
 
 
Genuine Parts Co.
 
444,499
65,390,248
LKQ Corp.
 
860,236
35,699,794
Pool Corp.
 
120,249
44,977,936
 
 
 
146,067,978
Diversified Consumer Services - 0.4%
 
 
 
ADT, Inc.
 
917,523
7,138,329
Bright Horizons Family Solutions, Inc. (a)
 
182,289
21,920,252
Duolingo, Inc. (a)
 
116,041
19,952,090
Grand Canyon Education, Inc. (a)
 
92,459
14,418,981
H&R Block, Inc.
 
438,945
25,432,473
Service Corp. International
 
451,189
36,054,513
 
 
 
124,916,638
Hotels, Restaurants & Leisure - 3.2%
 
 
 
Aramark
 
828,269
28,384,779
Boyd Gaming Corp.
 
232,472
14,150,571
Caesars Entertainment, Inc. (a)(b)
 
490,023
19,576,419
Carnival Corp. (a)
 
3,177,721
52,940,832
Cava Group, Inc. (a)
 
238,649
20,099,019
Choice Hotels International, Inc. (b)
 
95,090
12,119,221
Churchill Downs, Inc.
 
220,379
31,637,609
Darden Restaurants, Inc.
 
382,354
55,934,567
Domino's Pizza, Inc.
 
109,993
47,153,999
Draftkings Holdings, Inc. (a)
 
1,405,858
51,946,453
Dutch Bros, Inc. (a)
 
289,585
11,076,626
Expedia Group, Inc. (a)
 
387,048
49,414,418
Hilton Worldwide Holdings, Inc.
 
777,336
166,870,719
Hyatt Hotels Corp. Class A
 
138,498
20,404,910
Las Vegas Sands Corp.
 
1,148,484
45,560,360
Light & Wonder, Inc. Class A (a)
 
285,445
30,599,704
Marriott Vacations Worldwide Corp.
 
117,025
9,897,975
MGM Resorts International (a)
 
786,054
33,776,740
Norwegian Cruise Line Holdings Ltd. (a)
 
1,353,999
24,954,202
Penn Entertainment, Inc. (a)
 
476,505
9,515,805
Planet Fitness, Inc. (a)
 
280,033
20,638,432
Royal Caribbean Cruises Ltd.
 
750,042
117,546,582
Texas Roadhouse, Inc.
 
210,905
36,826,122
Travel+Leisure Co.
 
224,803
10,361,170
Vail Resorts, Inc. (b)
 
124,024
22,573,608
Wendy's Co.
 
596,743
10,102,859
Wingstop, Inc.
 
92,804
34,697,560
Wyndham Hotels & Resorts, Inc.
 
256,786
19,443,836
Wynn Resorts Ltd.
 
323,151
26,763,366
Yum! Brands, Inc.
 
891,433
118,409,045
 
 
 
1,153,377,508
Household Durables - 2.1%
 
 
 
D.R. Horton, Inc.
 
938,224
168,814,644
Garmin Ltd.
 
489,894
83,894,348
Leggett & Platt, Inc.
 
420,624
5,539,618
Lennar Corp.:
 
 
 
 Class A
 
762,826
134,966,804
 Class B
 
36,060
5,948,458
Mohawk Industries, Inc. (a)
 
167,849
27,035,438
Newell Brands, Inc.
 
1,312,095
11,270,896
NVR, Inc. (a)
 
9,407
80,970,564
PulteGroup, Inc.
 
661,704
87,344,928
SharkNinja, Inc.
 
209,346
16,088,240
Tempur Sealy International, Inc.
 
530,683
27,781,255
Toll Brothers, Inc.
 
328,099
46,823,008
TopBuild Corp. (a)
 
100,449
48,068,864
Whirlpool Corp.
 
170,998
17,436,666
 
 
 
761,983,731
Leisure Products - 0.3%
 
 
 
Brunswick Corp.
 
226,633
18,459,258
Hasbro, Inc.
 
439,890
28,355,309
Mattel, Inc. (a)
 
826,498
15,943,146
Polaris, Inc.
 
181,912
15,149,631
YETI Holdings, Inc. (a)
 
269,404
11,139,855
 
 
 
89,047,199
Specialty Retail - 2.3%
 
 
 
Advance Auto Parts, Inc.
 
188,274
11,923,392
AutoNation, Inc. (a)
 
83,894
16,000,264
Bath & Body Works, Inc.
 
711,715
26,155,526
Best Buy Co., Inc.
 
681,885
58,996,690
Burlington Stores, Inc. (a)
 
200,585
52,216,287
CarMax, Inc. (a)
 
504,809
42,626,072
Carvana Co. Class A (a)
 
333,551
44,439,000
Dick's Sporting Goods, Inc.
 
180,020
38,947,327
Five Below, Inc. (a)
 
132,245
9,619,501
Floor & Decor Holdings, Inc. Class A (a)(b)
 
337,216
33,047,168
GameStop Corp. Class A (a)(b)
 
851,274
19,298,382
Gap, Inc.
 
634,819
14,905,550
Lithia Motors, Inc. Class A (sub. vtg.)
 
88,083
24,339,975
Murphy U.S.A., Inc.
 
59,564
30,075,055
Penske Automotive Group, Inc.
 
58,359
10,160,885
RH (a)
 
48,662
14,115,873
Ross Stores, Inc.
 
1,040,905
149,088,823
Tractor Supply Co.
 
341,247
89,857,160
Ulta Beauty, Inc. (a)
 
152,739
55,732,934
Valvoline, Inc. (a)
 
408,548
18,997,482
Wayfair LLC Class A (a)(b)
 
291,987
15,892,852
Williams-Sonoma, Inc.
 
402,583
62,271,538
 
 
 
838,707,736
Textiles, Apparel & Luxury Goods - 0.7%
 
 
 
Amer Sports, Inc.
 
383,129
4,448,128
Birkenstock Holding PLC
 
124,225
7,342,940
Capri Holdings Ltd. (a)
 
358,848
12,035,762
Carter's, Inc. (b)
 
128,802
7,798,961
Columbia Sportswear Co.
 
77,752
6,352,338
Crocs, Inc. (a)
 
188,096
25,274,460
Deckers Outdoor Corp. (a)
 
80,785
74,534,665
PVH Corp.
 
185,737
18,943,317
Ralph Lauren Corp. Class A
 
121,800
21,386,862
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)
 
427,528
27,844,899
Tapestry, Inc.
 
737,685
29,573,792
Under Armour, Inc.:
 
 
 
 Class A (sub. vtg.) (a)
 
596,732
4,159,222
 Class C (non-vtg.) (a)(b)
 
718,914
4,881,426
VF Corp.
 
1,106,725
18,770,056
 
 
 
263,346,828
TOTAL CONSUMER DISCRETIONARY
 
 
3,835,999,990
CONSUMER STAPLES - 5.1%
 
 
 
Beverages - 0.3%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
12,142
3,402,310
Brown-Forman Corp.:
 
 
 
 Class A
 
180,312
8,220,424
 Class B (non-vtg.)
 
544,846
24,605,245
Celsius Holdings, Inc. (a)
 
557,049
26,086,605
Coca-Cola Consolidated, Inc.
 
18,657
21,378,870
Molson Coors Beverage Co. Class B
 
553,664
29,261,142
 
 
 
112,954,596
Consumer Staples Distribution & Retail - 1.7%
 
 
 
Albertsons Companies, Inc.
 
1,321,828
26,211,849
BJ's Wholesale Club Holdings, Inc. (a)
 
417,239
36,700,342
Casey's General Stores, Inc.
 
117,074
45,405,980
Dollar General Corp.
 
698,724
84,119,382
Dollar Tree, Inc. (a)
 
655,012
68,343,952
Grocery Outlet Holding Corp. (a)
 
332,975
6,512,991
Kroger Co.
 
2,099,062
114,398,879
Maplebear, Inc. (NASDAQ)
 
544,295
18,772,735
Performance Food Group Co. (a)
 
483,368
33,352,392
Sysco Corp.
 
1,575,905
120,793,118
U.S. Foods Holding Corp. (a)
 
724,568
39,409,254
Walgreens Boots Alliance, Inc.
 
2,322,128
27,563,659
 
 
 
621,584,533
Food Products - 2.2%
 
 
 
Archer Daniels Midland Co.
 
1,566,059
97,111,319
Bunge Global SA
 
445,528
46,882,911
Campbell Soup Co.
 
607,335
28,459,718
Conagra Brands, Inc.
 
1,507,427
45,705,187
Darling Ingredients, Inc. (a)
 
516,626
20,525,551
Flowers Foods, Inc.
 
592,750
13,348,730
Freshpet, Inc. (a)
 
147,224
17,917,161
General Mills, Inc.
 
1,786,876
119,970,855
Hormel Foods Corp.
 
917,163
29,450,104
Ingredion, Inc.
 
207,257
25,776,553
Kellanova
 
829,371
48,227,924
Lamb Weston Holdings, Inc.
 
455,132
27,317,023
McCormick & Co., Inc. (non-vtg.)
 
802,039
61,765,023
Pilgrim's Pride Corp. (a)
 
130,455
5,378,660
Post Holdings, Inc. (a)
 
156,235
17,085,860
Seaboard Corp.
 
812
2,637,303
The Hershey Co.
 
469,789
92,773,932
The J.M. Smucker Co.
 
330,600
38,994,270
Tyson Foods, Inc. Class A
 
889,804
54,189,064
 
 
 
793,517,148
Household Products - 0.4%
 
 
 
Church & Dwight Co., Inc.
 
771,834
75,647,450
Reynolds Consumer Products, Inc.
 
171,961
4,783,955
Spectrum Brands Holdings, Inc.
 
97,056
8,211,908
The Clorox Co.
 
392,719
51,811,418
 
 
 
140,454,731
Personal Care Products - 0.5%
 
 
 
BellRing Brands, Inc. (a)
 
412,183
21,136,744
Coty, Inc. Class A (a)
 
1,244,387
12,381,651
elf Beauty, Inc. (a)
 
167,360
28,882,989
Kenvue, Inc.
 
6,112,602
113,022,011
 
 
 
175,423,395
TOTAL CONSUMER STAPLES
 
 
1,843,934,403
ENERGY - 5.4%
 
 
 
Energy Equipment & Services - 0.9%
 
 
 
Baker Hughes Co. Class A
 
3,157,880
122,273,114
Halliburton Co.
 
2,789,062
96,724,670
NOV, Inc.
 
1,245,465
25,930,581
TechnipFMC PLC
 
1,356,623
40,020,379
Weatherford International PLC
 
228,243
26,900,720
 
 
 
311,849,464
Oil, Gas & Consumable Fuels - 4.5%
 
 
 
Antero Midstream GP LP
 
1,072,122
15,395,672
Antero Resources Corp. (a)
 
917,545
26,627,156
APA Corp.
 
1,144,604
35,700,199
Cheniere Energy, Inc.
 
726,577
132,702,023
Chesapeake Energy Corp.
 
415,179
31,690,613
Chord Energy Corp.
 
198,349
34,048,589
Civitas Resources, Inc.
 
322,274
22,481,834
Coterra Energy, Inc.
 
2,346,928
60,550,742
Devon Energy Corp.
 
1,990,863
93,630,287
Diamondback Energy, Inc.
 
562,571
113,813,739
DT Midstream, Inc.
 
307,158
23,147,427
EQT Corp.
 
1,875,685
64,729,889
Hess Corp.
 
883,865
135,602,568
HF Sinclair Corp.
 
512,442
26,375,390
Kinder Morgan, Inc.
 
6,133,508
129,601,024
Marathon Oil Corp.
 
1,806,964
50,685,340
Matador Resources Co.
 
371,790
22,857,649
New Fortress Energy, Inc. Class A (b)
 
205,950
4,065,453
ONEOK, Inc.
 
1,846,181
153,842,263
Ovintiv, Inc.
 
848,406
39,399,975
Permian Resource Corp. Class A
 
1,986,321
30,470,164
Range Resources Corp.
 
749,877
23,418,659
Southwestern Energy Co. (a)
 
3,469,178
22,376,198
Targa Resources Corp.
 
695,179
94,043,815
Texas Pacific Land Corp. (b)
 
59,405
50,191,285
The Williams Companies, Inc.
 
3,850,543
165,342,316
Viper Energy, Inc.
 
288,856
12,325,486
 
 
 
1,615,115,755
TOTAL ENERGY
 
 
1,926,965,219
FINANCIALS - 15.8%
 
 
 
Banks - 2.9%
 
 
 
Bank OZK
 
351,624
16,487,649
BOK Financial Corp.
 
71,750
7,378,770
Citizens Financial Group, Inc.
 
1,445,537
61,681,064
Columbia Banking Systems, Inc.
 
692,820
18,124,171
Comerica, Inc.
 
419,337
22,983,861
Commerce Bancshares, Inc.
 
376,826
24,384,410
Cullen/Frost Bankers, Inc.
 
186,017
21,775,150
East West Bancorp, Inc.
 
436,380
38,353,438
Fifth Third Bancorp
 
2,160,346
91,469,050
First Citizens Bancshares, Inc.
 
37,903
79,129,714
First Hawaiian, Inc.
 
402,876
10,088,015
First Horizon National Corp.
 
1,726,577
28,885,633
FNB Corp., Pennsylvania
 
1,125,030
17,257,960
Huntington Bancshares, Inc.
 
4,567,419
68,282,914
KeyCorp
 
2,927,630
47,222,672
M&T Bank Corp.
 
525,736
90,515,967
Nu Holdings Ltd. Class A (a)
 
10,067,539
122,119,248
Pinnacle Financial Partners, Inc.
 
239,729
23,090,697
Popular, Inc.
 
225,596
23,152,917
Prosperity Bancshares, Inc.
 
283,752
20,577,695
Regions Financial Corp.
 
2,906,422
65,016,660
Synovus Financial Corp.
 
461,607
21,580,127
TFS Financial Corp.
 
159,878
2,167,946
Webster Financial Corp.
 
549,433
27,262,865
Western Alliance Bancorp.
 
339,589
27,323,331
Wintrust Financial Corp.
 
205,282
22,211,512
Zions Bancorporation NA
 
457,427
23,635,253
 
 
 
1,022,158,689
Capital Markets - 4.7%
 
 
 
Affiliated Managers Group, Inc.
 
101,052
18,757,272
Ameriprise Financial, Inc.
 
317,006
136,334,770
Ares Management Corp. Class A,
 
564,114
86,422,265
Bank of New York Mellon Corp.
 
2,369,442
154,179,591
Blue Owl Capital, Inc. Class A
 
1,587,000
30,264,090
Carlyle Group LP
 
692,535
34,446,691
Cboe Global Markets, Inc.
 
333,710
61,239,122
Coinbase Global, Inc. (a)
 
624,451
140,101,826
Evercore, Inc. Class A
 
113,454
28,407,747
FactSet Research Systems, Inc.
 
120,304
49,696,379
Franklin Resources, Inc.
 
936,468
21,417,023
Houlihan Lokey
 
162,685
24,443,421
Interactive Brokers Group, Inc.
 
328,556
39,186,874
Invesco Ltd.
 
1,155,756
19,948,349
Janus Henderson Group PLC
 
408,796
15,219,475
Jefferies Financial Group, Inc.
 
569,721
33,311,587
Lazard, Inc. Class A
 
346,207
17,022,998
LPL Financial
 
235,495
52,166,852
MarketAxess Holdings, Inc.
 
116,839
26,117,022
Morningstar, Inc.
 
84,427
26,818,237
MSCI, Inc.
 
244,099
131,998,975
NASDAQ, Inc.
 
1,303,114
88,194,756
Northern Trust Corp.
 
639,821
56,720,132
Raymond James Financial, Inc.
 
598,166
69,387,256
Robinhood Markets, Inc. (a)
 
2,100,865
43,214,793
SEI Investments Co.
 
319,701
21,688,516
State Street Corp.
 
953,531
81,021,529
Stifel Financial Corp.
 
313,995
27,841,937
T. Rowe Price Group, Inc.
 
693,917
79,252,261
TPG, Inc.
 
265,757
13,550,949
Tradeweb Markets, Inc. Class A
 
367,178
41,006,439
Virtu Financial, Inc. Class A
 
260,978
7,129,919
XP, Inc. Class A
 
1,290,545
22,081,225
 
 
 
1,698,590,278
Consumer Finance - 0.8%
 
 
 
Ally Financial, Inc.
 
868,172
39,076,422
Credit Acceptance Corp. (a)
 
19,664
11,304,834
Discover Financial Services
 
791,111
113,912,073
OneMain Holdings, Inc.
 
356,993
18,656,454
SLM Corp.
 
690,066
15,657,598
SoFi Technologies, Inc. (a)(b)
 
3,339,300
25,178,322
Synchrony Financial
 
1,268,529
64,428,588
 
 
 
288,214,291
Financial Services - 1.9%
 
 
 
Affirm Holdings, Inc. Class A, (a)(b)
 
720,457
20,381,729
Block, Inc. Class A (a)
 
1,765,748
109,264,486
Corebridge Financial, Inc.
 
808,607
23,894,337
Corpay, Inc. (a)
 
220,552
64,361,485
Equitable Holdings, Inc.
 
1,033,481
45,070,106
Euronet Worldwide, Inc. (a)
 
136,672
13,939,177
Fidelity National Information Services, Inc.
 
1,778,401
136,634,549
Global Payments, Inc.
 
816,475
82,986,519
Jack Henry & Associates, Inc.
 
232,015
39,785,932
MGIC Investment Corp.
 
843,780
20,959,495
Rocket Companies, Inc. (a)
 
437,786
7,087,755
Shift4 Payments, Inc. (a)(b)
 
190,071
13,074,984
The Western Union Co.
 
661,413
7,864,201
Toast, Inc. (a)(b)
 
1,403,093
36,704,913
UWM Holdings Corp. Class A (b)
 
298,442
2,506,913
Voya Financial, Inc.
 
328,698
23,906,206
WEX, Inc. (a)
 
136,010
24,951,035
 
 
 
673,373,822
Insurance - 5.2%
 
 
 
AFLAC, Inc.
 
1,809,600
172,599,648
Allstate Corp.
 
831,090
142,216,121
American Financial Group, Inc.
 
227,019
29,730,408
Arch Capital Group Ltd. (a)
 
1,141,281
109,311,894
Arthur J. Gallagher & Co.
 
682,878
193,589,073
Assurant, Inc.
 
164,521
28,769,787
Assured Guaranty Ltd.
 
167,649
13,809,248
Axis Capital Holdings Ltd.
 
245,575
18,602,306
Brighthouse Financial, Inc. (a)
 
210,901
10,517,633
Brown & Brown, Inc.
 
755,536
75,122,944
Cincinnati Financial Corp.
 
484,315
63,261,225
CNA Financial Corp.
 
69,409
3,412,146
Everest Re Group Ltd.
 
136,120
53,477,464
Fidelity National Financial, Inc.
 
820,864
45,484,074
First American Financial Corp.
 
324,912
19,683,169
Globe Life, Inc.
 
302,040
28,011,190
Hanover Insurance Group, Inc.
 
112,877
15,519,459
Hartford Financial Services Group, Inc.
 
939,195
104,175,509
Kemper Corp.
 
191,589
12,273,191
Kinsale Capital Group, Inc.
 
69,659
31,839,039
Lincoln National Corp.
 
538,103
17,918,830
Loews Corp.
 
573,072
45,817,106
Markel Group, Inc. (a)
 
40,616
66,563,532
Old Republic International Corp.
 
796,821
27,585,943
Primerica, Inc.
 
109,299
27,518,209
Principal Financial Group, Inc.
 
738,023
60,156,255
Prudential Financial, Inc.
 
1,137,226
142,517,162
Reinsurance Group of America, Inc.
 
207,770
46,837,591
RenaissanceRe Holdings Ltd.
 
164,000
38,033,240
RLI Corp.
 
131,020
19,730,302
Ryan Specialty Group Holdings, Inc. (b)
 
323,643
19,933,172
Unum Group
 
603,643
34,727,582
W.R. Berkley Corp.
 
982,482
54,164,233
White Mountains Insurance Group Ltd.
 
7,889
14,089,754
Willis Towers Watson PLC
 
323,361
91,278,343
 
 
 
1,878,276,782
Mortgage Real Estate Investment Trusts - 0.3%
 
 
 
AGNC Investment Corp.
 
2,195,557
21,977,526
Annaly Capital Management, Inc.
 
1,574,644
31,351,162
Rithm Capital Corp.
 
1,526,949
17,727,878
Starwood Property Trust, Inc.
 
937,438
18,701,888
 
 
 
89,758,454
TOTAL FINANCIALS
 
 
5,650,372,316
HEALTH CARE - 10.3%
 
 
 
Biotechnology - 1.7%
 
 
 
Alnylam Pharmaceuticals, Inc. (a)
 
399,531
94,872,631
Apellis Pharmaceuticals, Inc. (a)
 
330,312
13,080,355
Biogen, Inc. (a)
 
460,873
98,258,124
BioMarin Pharmaceutical, Inc. (a)
 
597,309
50,371,068
Cerevel Therapeutics Holdings (a)
 
218,124
9,806,855
Exact Sciences Corp. (a)
 
577,044
26,359,370
Exelixis, Inc. (a)
 
905,426
21,232,240
Grail, Inc.
 
83,817
1,289,105
Incyte Corp. (a)
 
586,467
38,161,408
Ionis Pharmaceuticals, Inc. (a)
 
458,744
22,689,478
Natera, Inc. (a)
 
358,009
36,656,542
Neurocrine Biosciences, Inc. (a)
 
315,476
44,661,937
Repligen Corp. (a)
 
181,403
30,357,792
Roivant Sciences Ltd. (a)
 
1,108,601
12,028,321
Sarepta Therapeutics, Inc. (a)
 
286,470
40,747,493
Ultragenyx Pharmaceutical, Inc. (a)
 
276,030
12,426,871
United Therapeutics Corp. (a)
 
138,140
43,277,881
Viking Therapeutics, Inc. (a)
 
332,654
18,961,278
 
 
 
615,238,749
Health Care Equipment & Supplies - 2.8%
 
 
 
Align Technology, Inc. (a)
 
240,252
55,709,634
Baxter International, Inc.
 
1,643,157
58,857,884
Dentsply Sirona, Inc.
 
388,557
10,545,437
DexCom, Inc. (a)
 
1,256,197
85,195,281
Enovis Corp. (a)
 
192,260
9,159,266
Envista Holdings Corp. (a)
 
350,777
5,987,763
GE Healthcare Technologies, Inc.
 
1,357,568
114,890,980
Globus Medical, Inc. (a)
 
360,681
25,954,605
Hologic, Inc. (a)
 
742,828
60,622,193
IDEXX Laboratories, Inc. (a)
 
262,492
124,977,691
Inspire Medical Systems, Inc. (a)
 
96,694
13,638,689
Insulet Corp. (a)
 
223,736
43,483,092
Masimo Corp. (a)(b)
 
135,490
14,494,720
Penumbra, Inc. (a)
 
120,265
20,095,079
QuidelOrtho Corp. (a)
 
170,489
6,698,513
ResMed, Inc.
 
462,763
98,684,210
Solventum Corp.
 
438,485
25,817,997
STERIS PLC
 
315,643
75,362,923
Teleflex, Inc.
 
148,970
32,910,452
The Cooper Companies, Inc.
 
627,991
58,610,400
Zimmer Biomet Holdings, Inc.
 
617,627
68,772,766
 
 
 
1,010,469,575
Health Care Providers & Services - 2.4%
 
 
 
Acadia Healthcare Co., Inc. (a)
 
293,467
19,031,335
Amedisys, Inc. (a)
 
101,366
9,938,936
Cardinal Health, Inc.
 
770,559
77,695,464
Cencora, Inc.
 
531,955
126,541,455
Centene Corp. (a)
 
1,687,772
129,823,422
Chemed Corp.
 
46,952
26,770,152
DaVita, Inc. (a)
 
159,493
21,789,934
Encompass Health Corp.
 
313,028
29,092,822
Henry Schein, Inc. (a)
 
409,579
29,465,113
Humana, Inc.
 
382,662
138,374,406
Labcorp Holdings, Inc.
 
265,902
57,285,927
Molina Healthcare, Inc. (a)
 
183,713
62,695,736
Premier, Inc. Class A
 
376,551
7,900,040
Quest Diagnostics, Inc.
 
351,140
49,967,222
R1 RCM, Inc. (a)
 
496,157
6,390,502
Tenet Healthcare Corp. (a)
 
306,669
45,908,349
Universal Health Services, Inc. Class B
 
183,075
39,134,112
 
 
 
877,804,927
Health Care Technology - 0.3%
 
 
 
Certara, Inc. (a)
 
404,742
6,318,023
Doximity, Inc. (a)
 
378,801
10,606,428
Veeva Systems, Inc. Class A (a)
 
466,629
89,560,104
 
 
 
106,484,555
Life Sciences Tools & Services - 2.5%
 
 
 
10X Genomics, Inc. (a)
 
120,920
2,499,416
Agilent Technologies, Inc.
 
931,754
131,750,016
Avantor, Inc. (a)
 
2,145,526
57,392,821
Azenta, Inc. (a)
 
181,488
11,304,888
Bio-Rad Laboratories, Inc. Class A (a)
 
48,102
16,275,793
Bio-Techne Corp.
 
499,157
40,726,220
Bruker Corp.
 
339,000
23,224,890
Charles River Laboratories International, Inc. (a)
 
161,566
39,438,261
Fortrea Holdings, Inc. (a)
 
282,938
7,806,259
Illumina, Inc. (a)
 
509,754
62,495,840
IQVIA Holdings, Inc. (a)
 
573,392
141,186,312
Medpace Holdings, Inc. (a)
 
80,376
30,745,428
Mettler-Toledo International, Inc. (a)
 
67,182
102,185,837
QIAGEN NV
 
710,697
31,618,910
Revvity, Inc.
 
389,185
48,885,528
Sotera Health Co. (a)
 
397,218
5,509,414
Waters Corp. (a)
 
188,852
63,507,151
West Pharmaceutical Services, Inc.
 
231,137
70,767,215
 
 
 
887,320,199
Pharmaceuticals - 0.6%
 
 
 
Catalent, Inc. (a)
 
572,477
33,970,785
Elanco Animal Health, Inc. (a)
 
1,557,163
20,305,406
Intra-Cellular Therapies, Inc. (a)
 
325,574
25,629,185
Jazz Pharmaceuticals PLC (a)
 
196,902
21,708,446
Organon & Co.
 
813,740
17,788,356
Perrigo Co. PLC
 
428,652
12,117,992
Royalty Pharma PLC
 
1,237,948
34,872,995
Viatris, Inc.
 
3,754,405
45,278,124
 
 
 
211,671,289
TOTAL HEALTH CARE
 
 
3,708,989,294
INDUSTRIALS - 17.2%
 
 
 
Aerospace & Defense - 1.7%
 
 
 
Axon Enterprise, Inc. (a)
 
227,149
68,146,971
BWX Technologies, Inc.
 
288,377
28,690,628
Curtiss-Wright Corp.
 
120,659
35,558,207
HEICO Corp.
 
139,424
33,648,588
HEICO Corp. Class A
 
256,923
48,843,632
Hexcel Corp.
 
271,703
17,989,456
Howmet Aerospace, Inc.
 
1,281,968
122,684,338
Huntington Ingalls Industries, Inc.
 
124,915
34,973,702
L3Harris Technologies, Inc.
 
599,157
135,942,732
Loar Holdings, Inc. (b)
 
32,797
2,049,813
Spirit AeroSystems Holdings, Inc. Class A (a)
 
366,753
13,294,796
Textron, Inc.
 
601,708
55,898,673
Woodward, Inc.
 
188,207
29,358,410
 
 
 
627,079,946
Air Freight & Logistics - 0.3%
 
 
 
C.H. Robinson Worldwide, Inc.
 
367,471
32,723,293
Expeditors International of Washington, Inc.
 
446,565
55,740,243
GXO Logistics, Inc. (a)
 
387,075
21,668,459
 
 
 
110,131,995
Building Products - 1.5%
 
 
 
A.O. Smith Corp.
 
380,161
32,328,891
AAON, Inc.
 
216,008
19,123,188
Advanced Drain Systems, Inc.
 
210,189
37,211,861
Allegion PLC
 
276,650
37,848,487
Armstrong World Industries, Inc.
 
137,417
18,056,594
Builders FirstSource, Inc. (a)
 
382,122
63,955,759
Carlisle Companies, Inc.
 
150,530
63,008,847
Fortune Brands Innovations, Inc.
 
394,488
31,878,575
Hayward Holdings, Inc. (a)
 
450,925
6,669,181
Lennox International, Inc.
 
101,394
59,163,399
Masco Corp.
 
696,136
54,194,188
Owens Corning
 
272,897
50,862,543
Simpson Manufacturing Co. Ltd.
 
134,051
25,749,857
The AZEK Co., Inc. Class A, (a)
 
454,080
20,383,651
Trex Co., Inc. (a)
 
342,813
28,669,451
 
 
 
549,104,472
Commercial Services & Supplies - 0.8%
 
 
 
Clean Harbors, Inc. (a)
 
163,050
38,924,927
MSA Safety, Inc.
 
117,055
22,082,426
RB Global, Inc. (b)
 
579,202
46,121,855
Rollins, Inc.
 
883,940
42,349,565
Stericycle, Inc. (a)
 
291,554
17,070,487
Tetra Tech, Inc.
 
168,577
35,947,359
Veralto Corp.
 
781,317
83,257,140
Vestis Corp.
 
415,841
5,393,458
 
 
 
291,147,217
Construction & Engineering - 1.0%
 
 
 
AECOM
 
429,331
38,901,682
API Group Corp. (a)
 
719,373
27,257,043
Comfort Systems U.S.A., Inc.
 
111,169
36,954,799
EMCOR Group, Inc.
 
147,062
55,212,957
MasTec, Inc. (a)
 
198,179
21,805,635
MDU Resources Group, Inc.
 
642,414
17,306,633
Quanta Services, Inc.
 
459,535
121,951,398
Valmont Industries, Inc.
 
62,952
18,782,359
Willscot Holdings Corp. (a)
 
584,152
23,950,232
 
 
 
362,122,738
Electrical Equipment - 1.5%
 
 
 
Acuity Brands, Inc.
 
97,394
24,479,982
AMETEK, Inc.
 
730,400
126,709,792
Generac Holdings, Inc. (a)
 
186,229
28,992,131
Hubbell, Inc.
 
169,383
67,016,384
nVent Electric PLC
 
522,506
37,949,611
Regal Rexnord Corp.
 
209,970
33,737,980
Rockwell Automation, Inc.
 
362,591
101,035,982
Sensata Technologies PLC
 
472,645
18,428,429
Vertiv Holdings Co.
 
1,132,615
89,136,801
 
 
 
527,487,092
Ground Transportation - 1.0%
 
 
 
Avis Budget Group, Inc.
 
54,382
5,493,126
J.B. Hunt Transport Services, Inc.
 
265,042
45,892,022
Knight-Swift Transportation Holdings, Inc.
 
506,480
27,567,706
Landstar System, Inc.
 
112,504
21,403,886
Lyft, Inc. (a)
 
1,141,868
13,759,509
Old Dominion Freight Lines, Inc.
 
623,767
131,103,348
Ryder System, Inc.
 
136,269
19,099,463
Saia, Inc. (a)
 
83,767
35,002,041
Schneider National, Inc. Class B (b)
 
167,945
4,519,400
U-Haul Holding Co. (a)(b)
 
24,615
1,644,036
U-Haul Holding Co. (non-vtg.)
 
316,938
20,198,459
XPO, Inc. (a)
 
361,596
41,543,764
 
 
 
367,226,760
Machinery - 3.9%
 
 
 
AGCO Corp.
 
202,873
19,155,269
Allison Transmission Holdings, Inc.
 
276,450
24,490,706
CNH Industrial NV
 
2,804,526
29,868,202
Crane Co.
 
154,685
24,814,568
Cummins, Inc.
 
432,257
126,132,593
Donaldson Co., Inc.
 
379,796
28,416,337
Dover Corp.
 
433,810
79,933,831
ESAB Corp.
 
178,853
18,171,465
Flowserve Corp.
 
415,338
20,995,336
Fortive Corp.
 
1,113,214
79,984,426
Gates Industrial Corp. PLC (a)
 
648,211
12,050,242
Graco, Inc.
 
529,080
44,998,254
IDEX Corp.
 
239,625
49,957,020
Ingersoll Rand, Inc.
 
1,276,821
128,192,828
ITT, Inc.
 
260,605
36,865,183
Lincoln Electric Holdings, Inc.
 
174,568
35,858,013
Middleby Corp. (a)
 
168,422
22,834,655
Nordson Corp.
 
179,484
44,930,230
Oshkosh Corp.
 
206,325
22,417,211
Otis Worldwide Corp.
 
1,278,161
120,786,215
Pentair PLC
 
522,250
45,890,108
RBC Bearings, Inc. (a)(b)
 
89,897
26,145,643
Snap-On, Inc.
 
163,658
46,974,756
Stanley Black & Decker, Inc.
 
486,153
51,347,480
Timken Co.
 
204,381
17,770,928
Toro Co.
 
330,296
31,619,236
Westinghouse Air Brake Tech Co.
 
553,411
89,182,183
Xylem, Inc.
 
764,490
102,059,415
 
 
 
1,381,842,333
Marine Transportation - 0.1%
 
 
 
Kirby Corp. (a)
 
183,479
22,545,900
Passenger Airlines - 0.6%
 
 
 
Alaska Air Group, Inc. (a)
 
396,890
14,895,282
American Airlines Group, Inc. (a)(b)
 
1,407,429
14,975,045
Delta Air Lines, Inc.
 
2,093,663
90,069,382
Southwest Airlines Co.
 
1,949,277
52,513,522
United Airlines Holdings, Inc. (a)
 
1,035,598
47,036,861
 
 
 
219,490,092
Professional Services - 2.8%
 
 
 
Booz Allen Hamilton Holding Corp. Class A
 
405,052
58,048,002
Broadridge Financial Solutions, Inc.
 
370,439
79,273,946
CACI International, Inc. (a)
 
69,818
32,219,611
Clarivate PLC (a)(b)
 
553,545
3,730,893
Concentrix Corp. (b)
 
150,222
10,590,651
Dayforce, Inc. (a)(b)
 
480,374
28,476,571
Dun & Bradstreet Holdings, Inc.
 
956,591
10,407,710
Equifax, Inc.
 
390,231
109,018,834
FTI Consulting, Inc. (a)
 
111,235
24,245,893
Genpact Ltd.
 
555,613
19,263,103
Jacobs Solutions, Inc.
 
394,354
57,713,708
KBR, Inc.
 
420,967
28,032,193
Leidos Holdings, Inc.
 
426,476
61,583,134
ManpowerGroup, Inc.
 
162,327
12,431,002
Parsons Corp. (a)
 
144,701
13,221,330
Paychex, Inc.
 
1,021,006
130,709,188
Paycom Software, Inc.
 
161,072
26,865,199
Paycor HCM, Inc. (a)
 
229,557
2,848,802
Paylocity Holding Corp. (a)
 
142,581
21,397,131
Robert Half, Inc.
 
323,250
20,749,418
Science Applications International Corp.
 
161,617
20,105,155
SS&C Technologies Holdings, Inc.
 
679,812
49,592,285
TransUnion
 
619,539
55,919,590
Verisk Analytics, Inc.
 
450,628
117,951,879
 
 
 
994,395,228
Trading Companies & Distributors - 2.0%
 
 
 
Air Lease Corp. Class A
 
329,861
16,367,703
Core & Main, Inc. (a)
 
524,769
28,059,398
Fastenal Co.
 
1,811,005
128,128,604
Ferguson PLC
 
640,040
142,504,906
MSC Industrial Direct Co., Inc. Class A
 
149,936
13,336,807
SiteOne Landscape Supply, Inc. (a)
 
144,055
21,129,987
United Rentals, Inc.
 
210,211
159,150,748
W.W. Grainger, Inc.
 
137,677
134,484,270
Watsco, Inc.
 
109,388
53,544,332
WESCO International, Inc.
 
140,266
24,539,537
 
 
 
721,246,292
TOTAL INDUSTRIALS
 
 
6,173,820,065
INFORMATION TECHNOLOGY - 12.4%
 
 
 
Communications Equipment - 0.3%
 
 
 
Ciena Corp. (a)
 
455,270
24,010,940
F5, Inc. (a)
 
184,764
37,625,341
Juniper Networks, Inc.
 
1,016,829
38,324,285
Lumentum Holdings, Inc. (a)
 
211,085
10,929,981
Ubiquiti, Inc. (b)
 
13,179
2,445,627
 
 
 
113,336,174
Electronic Equipment, Instruments & Components - 1.8%
 
 
 
Arrow Electronics, Inc. (a)
 
175,789
21,743,341
Avnet, Inc.
 
290,915
15,639,590
CDW Corp.
 
425,027
92,702,639
Cognex Corp.
 
543,679
26,977,352
Coherent Corp. (a)
 
418,143
29,136,204
Corning, Inc.
 
2,424,907
97,020,529
Crane NXT Co.
 
155,021
9,747,720
IPG Photonics Corp. (a)
 
52,519
4,222,528
Jabil, Inc.
 
374,969
42,247,757
Keysight Technologies, Inc. (a)
 
557,227
77,772,172
Littelfuse, Inc.
 
79,527
21,242,457
TD SYNNEX Corp.
 
238,389
28,408,817
Teledyne Technologies, Inc. (a)
 
149,372
63,014,072
Trimble, Inc. (a)
 
770,375
42,016,253
Vontier Corp.
 
488,447
19,161,776
Zebra Technologies Corp. Class A (a)
 
161,791
56,819,381
 
 
 
647,872,588
IT Services - 2.1%
 
 
 
Akamai Technologies, Inc. (a)
 
486,328
47,796,316
Amdocs Ltd.
 
375,622
32,855,656
Cloudflare, Inc. (a)
 
948,681
73,522,778
Cognizant Technology Solutions Corp. Class A
 
1,589,193
120,270,126
DXC Technology Co. (a)(b)
 
428,346
8,712,558
EPAM Systems, Inc. (a)
 
175,731
37,805,010
Gartner, Inc. (a)
 
239,351
119,960,328
Globant SA (a)
 
135,755
26,432,856
GoDaddy, Inc. (a)
 
447,259
65,053,822
Kyndryl Holdings, Inc. (a)
 
719,106
19,322,378
MongoDB, Inc. Class A (a)
 
218,118
55,044,258
Okta, Inc. (a)
 
488,876
45,925,011
Twilio, Inc. Class A (a)
 
567,524
33,557,694
VeriSign, Inc. (a)
 
258,288
48,302,439
 
 
 
734,561,230
Semiconductors & Semiconductor Equipment - 2.5%
 
 
 
Allegro MicroSystems LLC (a)
 
264,054
6,347,858
Amkor Technology, Inc.
 
356,591
11,646,262
Astera Labs, Inc. (b)
 
69,681
3,054,815
Cirrus Logic, Inc. (a)
 
170,058
22,189,168
Enphase Energy, Inc. (a)
 
416,814
47,979,460
Entegris, Inc.
 
476,328
56,344,839
First Solar, Inc. (a)
 
337,291
72,851,483
GlobalFoundries, Inc. (a)(b)
 
311,005
15,864,365
Lattice Semiconductor Corp. (a)
 
439,102
23,272,406
MACOM Technology Solutions Holdings, Inc. (a)
 
176,445
17,806,829
Microchip Technology, Inc.
 
1,681,914
149,320,325
MKS Instruments, Inc.
 
211,463
26,623,192
Monolithic Power Systems, Inc.
 
148,583
128,240,501
ON Semiconductor Corp. (a)
 
1,366,845
106,955,621
Onto Innovation, Inc. (a)
 
154,907
29,633,709
Qorvo, Inc. (a)
 
304,704
36,503,539
Skyworks Solutions, Inc.
 
508,091
57,729,299
Teradyne, Inc.
 
484,138
63,499,540
Universal Display Corp.
 
147,547
32,846,913
Wolfspeed, Inc. (a)(b)
 
267,270
5,038,040
 
 
 
913,748,164
Software - 4.3%
 
 
 
ANSYS, Inc. (a)
 
277,294
86,967,717
AppFolio, Inc. Class A, (a)
 
69,539
15,401,498
AppLovin Corp. Class A, (a)
 
829,749
63,973,648
Aspen Technology, Inc. (a)
 
85,064
15,987,779
Bentley Systems, Inc. Class B
 
455,868
22,219,006
Bill Holdings, Inc. (a)
 
323,934
16,183,743
CCC Intelligent Solutions Holdings, Inc. Class A (a)
 
1,448,723
14,863,898
Confluent, Inc. (a)(b)
 
764,603
19,130,367
Datadog, Inc. Class A (a)
 
949,282
110,534,396
DocuSign, Inc. (a)
 
642,673
35,655,498
Dolby Laboratories, Inc. Class A
 
184,872
14,560,519
DoubleVerify Holdings, Inc. (a)
 
492,997
10,412,097
Dropbox, Inc. Class A (a)
 
828,795
19,824,776
Dynatrace, Inc. (a)
 
841,910
36,976,687
Elastic NV (a)
 
257,353
28,223,904
Fair Isaac Corp. (a)
 
76,027
121,643,200
Five9, Inc. (a)
 
231,789
10,326,200
Gen Digital, Inc.
 
1,780,317
46,270,439
GitLab, Inc. (a)
 
374,769
19,199,416
Guidewire Software, Inc. (a)
 
258,896
38,852,523
HashiCorp, Inc. (a)
 
304,270
10,269,113
HubSpot, Inc. (a)
 
155,462
77,269,278
Informatica, Inc. (a)
 
202,000
4,835,880
Manhattan Associates, Inc. (a)
 
193,741
49,477,577
MicroStrategy, Inc. Class A (a)(b)
 
49,542
79,982,586
nCino, Inc. (a)
 
261,020
8,551,015
Nutanix, Inc. Class A (a)
 
768,175
38,800,519
Palantir Technologies, Inc. Class A (a)
 
6,365,617
171,171,441
Pegasystems, Inc.
 
141,001
9,830,590
Procore Technologies, Inc. (a)
 
341,102
24,228,475
PTC, Inc. (a)
 
377,054
67,059,054
RingCentral, Inc. (a)
 
259,875
9,108,619
SentinelOne, Inc. (a)
 
725,071
16,604,126
Smartsheet, Inc. (a)
 
412,487
19,782,877
Teradata Corp. (a)
 
330,365
10,710,433
Tyler Technologies, Inc. (a)
 
134,111
76,189,800
UiPath, Inc. Class A (a)
 
1,292,229
15,726,427
Unity Software, Inc. (a)(b)
 
557,253
9,116,659
Zoom Video Communications, Inc. Class A (a)
 
669,284
40,424,754
Zscaler, Inc. (a)
 
289,604
51,940,477
 
 
 
1,538,287,011
Technology Hardware, Storage & Peripherals - 1.4%
 
 
 
Hewlett Packard Enterprise Co.
 
4,104,938
81,729,316
HP, Inc.
 
3,094,278
111,672,493
NetApp, Inc.
 
651,815
82,767,469
Pure Storage, Inc. Class A (a)
 
917,320
54,974,988
Super Micro Computer, Inc. (a)
 
156,742
109,978,024
Western Digital Corp. (a)
 
1,032,195
69,208,675
 
 
 
510,330,965
TOTAL INFORMATION TECHNOLOGY
 
 
4,458,136,132
MATERIALS - 6.0%
 
 
 
Chemicals - 2.8%
 
 
 
Albemarle Corp. (b)
 
371,080
34,759,064
Ashland, Inc.
 
157,963
15,267,124
Axalta Coating Systems Ltd. (a)
 
696,656
24,835,786
Celanese Corp.
 
352,337
49,732,368
CF Industries Holdings, Inc.
 
592,191
45,237,470
Corteva, Inc.
 
2,213,115
124,155,752
Dow, Inc.
 
2,226,713
121,289,057
DuPont de Nemours, Inc.
 
1,323,095
110,743,052
Eastman Chemical Co.
 
369,919
38,223,730
Element Solutions, Inc.
 
707,870
19,077,097
FMC Corp.
 
393,856
22,985,436
Huntsman Corp.
 
552,448
13,220,081
International Flavors & Fragrances, Inc.
 
808,941
80,473,451
LyondellBasell Industries NV Class A
 
823,543
81,909,587
NewMarket Corp.
 
21,275
11,932,509
Olin Corp.
 
389,137
17,748,539
PPG Industries, Inc.
 
739,354
93,883,171
RPM International, Inc.
 
402,079
48,836,515
The Chemours Co. LLC
 
489,102
11,821,595
The Mosaic Co.
 
1,011,966
30,126,228
The Scotts Miracle-Gro Co.
 
134,333
10,558,574
Westlake Corp.
 
106,053
15,680,997
 
 
 
1,022,497,183
Construction Materials - 0.7%
 
 
 
Eagle Materials, Inc.
 
107,828
29,361,564
Martin Marietta Materials, Inc.
 
193,941
115,074,892
Vulcan Materials Co.
 
418,644
114,921,964
 
 
 
259,358,420
Containers & Packaging - 1.3%
 
 
 
Amcor PLC
 
4,549,790
47,909,289
Aptargroup, Inc.
 
208,794
30,688,542
Avery Dennison Corp.
 
253,439
54,953,178
Ball Corp.
 
984,999
62,872,486
Berry Global Group, Inc.
 
374,613
24,619,566
Crown Holdings, Inc.
 
378,089
33,536,494
Graphic Packaging Holding Co.
 
961,860
28,951,986
International Paper Co.
 
1,095,863
50,935,712
Packaging Corp. of America
 
280,434
56,050,344
Sealed Air Corp.
 
460,133
17,508,061
Silgan Holdings, Inc.
 
262,139
13,481,809
Smurfit Westrock PLC
 
809,098
36,279,954
Sonoco Products Co.
 
318,290
17,162,197
 
 
 
474,949,618
Metals & Mining - 1.1%
 
 
 
Alcoa Corp.
 
792,562
26,186,248
ATI, Inc. (a)
 
390,281
26,425,927
Cleveland-Cliffs, Inc. (a)
 
1,509,653
23,173,174
MP Materials Corp. (a)(b)
 
414,262
5,600,822
Nucor Corp.
 
748,950
122,033,913
Reliance, Inc.
 
180,632
55,013,282
Royal Gold, Inc.
 
207,722
28,690,563
Steel Dynamics, Inc.
 
470,153
62,633,783
United States Steel Corp.
 
704,758
28,958,506
 
 
 
378,716,218
Paper & Forest Products - 0.1%
 
 
 
Louisiana-Pacific Corp.
 
203,751
20,000,198
TOTAL MATERIALS
 
 
2,155,521,637
REAL ESTATE - 7.8%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 7.0%
 
 
 
Agree Realty Corp.
 
313,254
21,605,128
Alexandria Real Estate Equities, Inc.
 
547,965
64,270,815
American Homes 4 Rent Class A
 
1,067,962
38,542,749
Americold Realty Trust
 
912,035
27,260,726
AvalonBay Communities, Inc.
 
444,060
90,996,775
Brixmor Property Group, Inc.
 
947,778
24,139,906
BXP, Inc.
 
496,749
35,423,171
Camden Property Trust (SBI)
 
327,298
36,248,254
Cousins Properties, Inc.
 
499,255
13,734,505
Crown Castle, Inc.
 
1,375,451
151,409,646
CubeSmart
 
707,714
33,673,032
Digital Realty Trust, Inc.
 
1,021,754
152,742,005
EastGroup Properties, Inc.
 
151,097
28,253,628
EPR Properties
 
236,319
10,634,355
Equity Lifestyle Properties, Inc.
 
582,879
40,032,130
Equity Residential (SBI)
 
1,194,943
83,203,881
Essex Property Trust, Inc.
 
201,944
56,213,132
Extra Space Storage, Inc.
 
661,660
105,614,169
Federal Realty Investment Trust (SBI)
 
260,684
29,105,369
First Industrial Realty Trust, Inc.
 
417,703
22,856,708
Gaming & Leisure Properties
 
823,891
41,359,328
Healthcare Realty Trust, Inc.
 
1,202,538
21,272,897
Healthpeak Properties, Inc.
 
2,242,459
48,930,455
Highwoods Properties, Inc. (SBI)
 
329,854
10,215,578
Host Hotels & Resorts, Inc.
 
2,204,675
38,603,859
Invitation Homes, Inc.
 
1,919,464
67,699,495
Iron Mountain, Inc.
 
921,076
94,465,555
Kilroy Realty Corp.
 
369,653
13,666,071
Kimco Realty Corp.
 
2,083,771
45,280,344
Lamar Advertising Co. Class A
 
275,432
33,013,280
Medical Properties Trust, Inc. (b)
 
1,877,481
9,030,684
Mid-America Apartment Communities, Inc.
 
367,336
51,342,553
National Storage Affiliates Trust
 
226,547
9,644,106
NNN (REIT), Inc.
 
573,287
25,734,853
Omega Healthcare Investors, Inc.
 
780,411
28,406,960
Park Hotels & Resorts, Inc.
 
656,846
9,892,101
Rayonier, Inc.
 
467,260
14,171,996
Realty Income Corp.
 
2,726,807
156,600,526
Regency Centers Corp.
 
581,440
39,154,170
Rexford Industrial Realty, Inc.
 
693,002
34,726,330
SBA Communications Corp. Class A
 
341,827
75,044,700
Simon Property Group, Inc.
 
1,023,588
157,059,343
STAG Industrial, Inc.
 
572,346
23,357,440
Sun Communities, Inc.
 
390,151
49,443,836
UDR, Inc.
 
1,038,420
41,609,489
Ventas, Inc.
 
1,275,781
69,453,518
VICI Properties, Inc.
 
3,298,173
103,100,888
Vornado Realty Trust
 
554,319
16,624,027
Weyerhaeuser Co.
 
2,306,090
73,241,418
WP Carey, Inc.
 
685,413
39,623,726
 
 
 
2,507,729,610
Real Estate Management & Development - 0.8%
 
 
 
CBRE Group, Inc. (a)
 
967,749
109,074,990
CoStar Group, Inc. (a)
 
1,284,073
100,183,375
Howard Hughes Holdings, Inc.
 
103,677
7,689,723
Jones Lang LaSalle, Inc. (a)
 
149,461
37,499,765
Zillow Group, Inc.:
 
 
 
 Class A (a)
 
156,566
7,421,228
 Class C (a)
 
501,617
24,428,748
 
 
 
286,297,829
TOTAL REAL ESTATE
 
 
2,794,027,439
UTILITIES - 5.4%
 
 
 
Electric Utilities - 2.7%
 
 
 
Alliant Energy Corp.
 
810,545
45,114,935
Avangrid, Inc.
 
224,340
8,002,208
Edison International
 
1,203,526
96,294,115
Entergy Corp.
 
674,421
78,212,603
Evergy, Inc.
 
704,438
40,857,404
Eversource Energy
 
1,119,898
72,692,579
Exelon Corp.
 
3,177,603
118,206,832
FirstEnergy Corp.
 
1,800,743
75,469,139
IDACORP, Inc.
 
159,931
15,633,255
NRG Energy, Inc.
 
676,456
50,849,198
OGE Energy Corp.
 
632,278
24,513,418
PG&E Corp.
 
6,763,361
123,431,338
Pinnacle West Capital Corp.
 
359,118
30,736,910
PPL Corp.
 
2,313,893
68,768,900
Xcel Energy, Inc.
 
1,759,665
102,553,276
 
 
 
951,336,110
Gas Utilities - 0.3%
 
 
 
Atmos Energy Corp.
 
475,866
60,853,744
National Fuel Gas Co.
 
288,139
16,882,064
UGI Corp.
 
663,691
16,446,263
 
 
 
94,182,071
Independent Power and Renewable Electricity Producers - 0.4%
 
 
 
Brookfield Renewable Corp. (b)
 
427,377
12,009,294
Clearway Energy, Inc.:
 
 
 
 Class A
 
110,139
2,712,724
 Class C
 
258,714
6,902,490
The AES Corp.
 
2,267,695
40,342,294
Vistra Corp.
 
1,089,904
86,342,195
 
 
 
148,308,997
Multi-Utilities - 1.7%
 
 
 
Ameren Corp.
 
846,744
67,121,397
CenterPoint Energy, Inc.
 
2,003,992
55,610,778
CMS Energy Corp.
 
941,524
61,010,755
Consolidated Edison, Inc.
 
1,095,709
106,853,542
DTE Energy Co.
 
654,023
78,829,392
NiSource, Inc.
 
1,418,716
44,334,875
Public Service Enterprise Group, Inc.
 
1,577,693
125,852,571
WEC Energy Group, Inc.
 
1,000,615
86,112,927
 
 
 
625,726,237
Water Utilities - 0.3%
 
 
 
American Water Works Co., Inc.
 
617,043
87,842,241
Essential Utilities, Inc.
 
796,472
32,376,587
 
 
 
120,218,828
TOTAL UTILITIES
 
 
1,939,772,243
 
TOTAL COMMON STOCKS
 (Cost $28,212,685,193)
 
 
 
35,724,021,558
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Principal
Amount (c)
 
Value ($)
 
U.S. Treasury Bills, yield at date of purchase 5.31% 8/22/24 (d)
 
 (Cost $7,241,788)
 
 
7,264,000
7,241,647
 
 
 
 
Money Market Funds - 1.6%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (e)
 
133,237,874
133,264,521
Fidelity Securities Lending Cash Central Fund 5.39% (e)(f)
 
448,188,709
448,233,528
 
TOTAL MONEY MARKET FUNDS
 (Cost $581,494,133)
 
 
581,498,049
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 101.2%
 (Cost $28,801,421,114)
 
 
 
36,312,761,254
NET OTHER ASSETS (LIABILITIES) - (1.2)% (g)
(448,030,348)
NET ASSETS - 100.0%
35,864,730,906
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
Purchased
 
 
 
 
 
 
 
 
 
 
 
Equity Index Contracts
 
 
 
 
 
CME E-mini S&P MidCap 400 Index Contracts (United States)
515
Sep 2024
160,685,150
6,226,934
6,226,934
 
 
 
 
 
 
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)
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 $7,241,647.
 
(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.
 
(g)
Includes $501,572 of cash collateral to cover margin requirements for futures contracts.
 
 
 
 
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%
115,755,141
496,774,747
479,261,456
966,004
(3,911)
-
133,264,521
0.3%
Fidelity Securities Lending Cash Central Fund 5.39%
399,402,174
740,379,419
691,548,065
1,375,419
-
-
448,233,528
2.0%
Total
515,157,315
1,237,154,166
1,170,809,521
2,341,423
(3,911)
-
581,498,049
 
 
 
 
 
 
 
 
 
 
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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