Common Stocks - 100.3%
|
|||
Shares
|
Value ($)
|
||
COMMUNICATION SERVICES - 3.1%
|
|||
Diversified Telecommunication Services - 0.6%
|
|||
Cellnex Telecom SA (a)
|
4,563
|
192,121
|
|
Entertainment - 0.6%
|
|||
Warner Bros Discovery, Inc.
|
13,762
|
187,301
|
|
Interactive Media & Services - 0.5%
|
|||
Ziff Davis, Inc. (b)
|
2,512
|
183,728
|
|
Media - 1.4%
|
|||
News Corp. Class A
|
13,712
|
241,468
|
|
Nexstar Broadcasting Group, Inc. Class A
|
900
|
156,105
|
|
Thryv Holdings, Inc. (b)
|
3,563
|
80,025
|
|
477,598
|
|||
TOTAL COMMUNICATION SERVICES
|
1,040,748
|
||
CONSUMER DISCRETIONARY - 10.1%
|
|||
Automobile Components - 1.2%
|
|||
Aptiv PLC (b)
|
2,203
|
226,601
|
|
Magna International, Inc. Class A
|
3,296
|
171,919
|
|
398,520
|
|||
Broadline Retail - 0.4%
|
|||
Kohl's Corp. (c)
|
5,913
|
130,263
|
|
Diversified Consumer Services - 1.6%
|
|||
Adtalem Global Education, Inc. (b)
|
4,117
|
167,027
|
|
Laureate Education, Inc. Class A
|
13,344
|
165,332
|
|
Service Corp. International
|
2,944
|
206,639
|
|
538,998
|
|||
Hotels, Restaurants & Leisure - 2.7%
|
|||
Bowlero Corp. Class A (b)
|
6,458
|
94,481
|
|
Hilton Worldwide Holdings, Inc.
|
870
|
125,297
|
|
Hyatt Hotels Corp. Class A (b)
|
1,500
|
171,450
|
|
Light & Wonder, Inc. Class A (b)
|
2,809
|
169,355
|
|
MGM Resorts International
|
4,352
|
195,492
|
|
Travel+Leisure Co.
|
4,126
|
157,902
|
|
913,977
|
|||
Household Durables - 1.2%
|
|||
Helen of Troy Ltd. (b)
|
1,231
|
123,519
|
|
PulteGroup, Inc.
|
1,685
|
113,148
|
|
Tempur Sealy International, Inc.
|
4,187
|
156,887
|
|
393,554
|
|||
Leisure Products - 0.4%
|
|||
Brunswick Corp.
|
1,700
|
144,143
|
|
Specialty Retail - 2.6%
|
|||
Franchise Group, Inc.
|
6,185
|
180,911
|
|
Lithia Motors, Inc. Class A (sub. vtg.)
|
938
|
207,195
|
|
O'Reilly Automotive, Inc. (b)
|
199
|
182,545
|
|
Upbound Group, Inc.
|
6,499
|
173,263
|
|
Victoria's Secret & Co. (b)
|
4,071
|
126,242
|
|
870,156
|
|||
TOTAL CONSUMER DISCRETIONARY
|
3,389,611
|
||
CONSUMER STAPLES - 3.9%
|
|||
Consumer Staples Distribution & Retail - 2.3%
|
|||
Albertsons Companies, Inc.
|
9,656
|
201,810
|
|
Performance Food Group Co. (b)
|
4,148
|
260,038
|
|
U.S. Foods Holding Corp. (b)
|
7,856
|
301,670
|
|
763,518
|
|||
Food Products - 1.6%
|
|||
Bunge Ltd.
|
3,379
|
316,274
|
|
Tyson Foods, Inc. Class A
|
3,732
|
233,213
|
|
549,487
|
|||
TOTAL CONSUMER STAPLES
|
1,313,005
|
||
ENERGY - 6.2%
|
|||
Energy Equipment & Services - 0.9%
|
|||
Liberty Oilfield Services, Inc. Class A
|
12,344
|
158,127
|
|
NOV, Inc.
|
8,300
|
139,025
|
|
297,152
|
|||
Oil, Gas & Consumable Fuels - 5.3%
|
|||
Cenovus Energy, Inc.
|
15,591
|
261,929
|
|
Chesapeake Energy Corp.
|
2,703
|
223,484
|
|
Hess Corp.
|
1,803
|
261,543
|
|
Occidental Petroleum Corp.
|
5,176
|
318,479
|
|
Southwestern Energy Co. (b)
|
25,817
|
133,990
|
|
Targa Resources Corp.
|
4,503
|
340,112
|
|
Valero Energy Corp.
|
2,062
|
236,450
|
|
1,775,987
|
|||
TOTAL ENERGY
|
2,073,139
|
||
FINANCIALS - 17.6%
|
|||
Banks - 3.4%
|
|||
Citizens Financial Group, Inc.
|
10,132
|
313,484
|
|
East West Bancorp, Inc.
|
4,236
|
218,959
|
|
M&T Bank Corp.
|
3,308
|
416,146
|
|
Truist Financial Corp.
|
6,000
|
195,480
|
|
1,144,069
|
|||
Capital Markets - 3.2%
|
|||
Ares Management Corp.
|
1,617
|
141,633
|
|
Carlyle Group LP
|
6,937
|
210,399
|
|
Raymond James Financial, Inc.
|
4,187
|
379,049
|
|
State Street Corp.
|
4,504
|
325,459
|
|
1,056,540
|
|||
Consumer Finance - 1.3%
|
|||
OneMain Holdings, Inc.
|
6,061
|
232,561
|
|
SLM Corp.
|
13,577
|
203,927
|
|
436,488
|
|||
Financial Services - 3.7%
|
|||
Apollo Global Management, Inc.
|
4,684
|
296,919
|
|
Corebridge Financial, Inc.
|
6,705
|
113,046
|
|
Fidelity National Information Services, Inc.
|
2,407
|
141,339
|
|
NMI Holdings, Inc. (b)
|
5,766
|
134,924
|
|
Voya Financial, Inc.
|
2,300
|
175,904
|
|
Walker & Dunlop, Inc.
|
2,977
|
200,382
|
|
WEX, Inc. (b)
|
1,048
|
185,863
|
|
1,248,377
|
|||
Insurance - 6.0%
|
|||
Allstate Corp.
|
821
|
95,039
|
|
Arthur J. Gallagher & Co.
|
1,889
|
393,025
|
|
Chubb Ltd.
|
889
|
179,187
|
|
First American Financial Corp.
|
3,351
|
193,051
|
|
Hartford Financial Services Group, Inc.
|
5,097
|
361,836
|
|
Markel Corp. (b)
|
293
|
400,979
|
|
MetLife, Inc.
|
3,083
|
189,080
|
|
Old Republic International Corp.
|
8,319
|
210,221
|
|
2,022,418
|
|||
TOTAL FINANCIALS
|
5,907,892
|
||
HEALTH CARE - 7.1%
|
|||
Health Care Providers & Services - 4.7%
|
|||
AdaptHealth Corp. (b)
|
14,651
|
174,054
|
|
AmerisourceBergen Corp.
|
1,588
|
264,958
|
|
Centene Corp. (b)
|
4,088
|
281,786
|
|
DaVita HealthCare Partners, Inc. (b)
|
1,750
|
158,130
|
|
Molina Healthcare, Inc. (b)
|
1,215
|
361,936
|
|
Tenet Healthcare Corp. (b)
|
4,385
|
321,508
|
|
1,562,372
|
|||
Life Sciences Tools & Services - 1.7%
|
|||
Bio-Rad Laboratories, Inc. Class A (b)
|
363
|
163,637
|
|
Charles River Laboratories International, Inc. (b)
|
908
|
172,629
|
|
ICON PLC (b)
|
641
|
123,514
|
|
Syneos Health, Inc. (b)
|
3,074
|
120,685
|
|
580,465
|
|||
Pharmaceuticals - 0.7%
|
|||
Royalty Pharma PLC
|
7,158
|
251,604
|
|
TOTAL HEALTH CARE
|
2,394,441
|
||
INDUSTRIALS - 17.2%
|
|||
Aerospace & Defense - 0.6%
|
|||
Woodward, Inc.
|
2,247
|
215,757
|
|
Building Products - 2.4%
|
|||
Armstrong World Industries, Inc.
|
1,100
|
75,526
|
|
Builders FirstSource, Inc. (b)
|
3,881
|
367,802
|
|
Carlisle Companies, Inc.
|
611
|
131,884
|
|
UFP Industries, Inc.
|
2,812
|
220,798
|
|
796,010
|
|||
Commercial Services & Supplies - 0.4%
|
|||
The Brink's Co.
|
2,102
|
132,111
|
|
Construction & Engineering - 1.8%
|
|||
EMCOR Group, Inc.
|
1,575
|
269,325
|
|
Willscot Mobile Mini Holdings (b)
|
7,205
|
327,107
|
|
596,432
|
|||
Electrical Equipment - 1.1%
|
|||
Regal Rexnord Corp.
|
2,929
|
381,239
|
|
Ground Transportation - 3.0%
|
|||
Knight-Swift Transportation Holdings, Inc. Class A
|
6,224
|
350,536
|
|
RXO, Inc.
|
8,393
|
151,829
|
|
U-Haul Holding Co. (non-vtg.)
|
4,338
|
234,686
|
|
XPO, Inc. (b)
|
6,333
|
279,792
|
|
1,016,843
|
|||
Machinery - 2.7%
|
|||
Chart Industries, Inc. (b)(c)
|
1,424
|
189,534
|
|
PACCAR, Inc.
|
5,450
|
407,061
|
|
Timken Co.
|
3,913
|
300,714
|
|
897,309
|
|||
Professional Services - 3.6%
|
|||
CACI International, Inc. Class A (b)
|
642
|
201,151
|
|
Concentrix Corp.
|
1,887
|
182,114
|
|
Genpact Ltd.
|
2,464
|
109,771
|
|
Manpower, Inc.
|
2,532
|
191,698
|
|
Science Applications International Corp.
|
2,857
|
291,500
|
|
SS&C Technologies Holdings, Inc.
|
3,982
|
233,106
|
|
1,209,340
|
|||
Trading Companies & Distributors - 1.6%
|
|||
MSC Industrial Direct Co., Inc. Class A
|
2,560
|
232,269
|
|
WESCO International, Inc.
|
2,034
|
292,896
|
|
525,165
|
|||
TOTAL INDUSTRIALS
|
5,770,206
|
||
INFORMATION TECHNOLOGY - 7.0%
|
|||
Communications Equipment - 0.9%
|
|||
Lumentum Holdings, Inc. (b)
|
4,768
|
230,056
|
|
Motorola Solutions, Inc.
|
265
|
77,221
|
|
307,277
|
|||
Electronic Equipment, Instruments & Components - 2.7%
|
|||
Coherent Corp. (b)(c)
|
4,900
|
167,286
|
|
Flex Ltd. (b)
|
10,415
|
214,237
|
|
Knowles Corp. (b)
|
8,310
|
140,273
|
|
TD SYNNEX Corp.
|
2,705
|
240,853
|
|
Vontier Corp.
|
4,867
|
132,042
|
|
894,691
|
|||
IT Services - 0.6%
|
|||
Cyxtera Technologies, Inc. Class A (b)
|
24,303
|
7,903
|
|
DXC Technology Co. (b)
|
7,500
|
178,875
|
|
186,778
|
|||
Semiconductors & Semiconductor Equipment - 1.7%
|
|||
Lam Research Corp.
|
470
|
246,318
|
|
Microchip Technology, Inc.
|
3,336
|
243,495
|
|
Micron Technology, Inc.
|
1,325
|
85,277
|
|
575,090
|
|||
Software - 0.5%
|
|||
Gen Digital, Inc.
|
9,196
|
162,493
|
|
Technology Hardware, Storage & Peripherals - 0.6%
|
|||
Seagate Technology Holdings PLC
|
3,500
|
205,695
|
|
TOTAL INFORMATION TECHNOLOGY
|
2,332,024
|
||
MATERIALS - 10.2%
|
|||
Chemicals - 4.1%
|
|||
Celanese Corp. Class A
|
2,883
|
306,290
|
|
CF Industries Holdings, Inc.
|
2,190
|
156,760
|
|
Corteva, Inc.
|
2,320
|
141,798
|
|
Nutrien Ltd.
|
967
|
67,110
|
|
Olin Corp.
|
4,916
|
272,346
|
|
Tronox Holdings PLC
|
9,569
|
131,000
|
|
Westlake Corp.
|
2,540
|
289,001
|
|
1,364,305
|
|||
Containers & Packaging - 2.6%
|
|||
Crown Holdings, Inc.
|
3,164
|
271,408
|
|
Graphic Packaging Holding Co.
|
9,245
|
227,982
|
|
International Paper Co.
|
4,309
|
142,671
|
|
Packaging Corp. of America
|
1,632
|
220,744
|
|
862,805
|
|||
Metals & Mining - 2.7%
|
|||
Arconic Corp. (b)
|
9,783
|
242,129
|
|
Freeport-McMoRan, Inc.
|
4,973
|
188,526
|
|
Reliance Steel & Aluminum Co.
|
978
|
242,348
|
|
Steel Dynamics, Inc.
|
2,400
|
249,480
|
|
922,483
|
|||
Paper & Forest Products - 0.8%
|
|||
Louisiana-Pacific Corp.
|
4,238
|
253,178
|
|
TOTAL MATERIALS
|
3,402,771
|
||
REAL ESTATE - 10.4%
|
|||
Equity Real Estate Investment Trusts (REITs) - 8.9%
|
|||
Douglas Emmett, Inc.
|
7,200
|
92,736
|
|
Essex Property Trust, Inc.
|
1,766
|
388,043
|
|
Lamar Advertising Co. Class A
|
2,517
|
265,997
|
|
Prologis (REIT), Inc.
|
2,884
|
361,221
|
|
Public Storage
|
1,348
|
397,431
|
|
Welltower, Inc.
|
18,603
|
1,473,731
|
|
2,979,159
|
|||
Real Estate Management & Development - 1.5%
|
|||
CBRE Group, Inc. (b)
|
6,398
|
490,471
|
|
WeWork, Inc. (b)
|
39,888
|
16,813
|
|
507,284
|
|||
TOTAL REAL ESTATE
|
3,486,443
|
||
UTILITIES - 7.5%
|
|||
Electric Utilities - 5.8%
|
|||
Constellation Energy Corp.
|
5,301
|
410,297
|
|
Edison International
|
7,564
|
556,710
|
|
Exelon Corp.
|
11,162
|
473,715
|
|
PG&E Corp. (b)
|
30,125
|
515,439
|
|
1,956,161
|
|||
Gas Utilities - 1.3%
|
|||
Brookfield Infrastructure Corp. A Shares
|
9,962
|
424,381
|
|
Independent Power and Renewable Electricity Producers - 0.4%
|
|||
NextEra Energy Partners LP
|
2,357
|
135,551
|
|
TOTAL UTILITIES
|
2,516,093
|
||
TOTAL COMMON STOCKS
(Cost $32,674,530)
|
33,626,373
|
||
Money Market Funds - 1.8%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 4.88% (d)
|
126,745
|
126,770
|
|
Fidelity Securities Lending Cash Central Fund 4.88% (d)(e)
|
479,877
|
479,925
|
|
TOTAL MONEY MARKET FUNDS
(Cost $606,695)
|
606,695
|
||
TOTAL INVESTMENT IN SECURITIES - 102.1%
(Cost $33,281,225)
|
34,233,068
|
NET OTHER ASSETS (LIABILITIES) - (2.1)%
|
(697,350)
|
NET ASSETS - 100.0%
|
33,535,718
|
(a)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $192,121 or 0.6% of net assets.
|
(b)
|
Non-income producing
|
(c)
|
Security or a portion of the security is on loan at period end.
|
(d)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(e)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
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 4.88%
|
38,458
|
1,133,025
|
1,044,713
|
1,086
|
-
|
-
|
126,770
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 4.88%
|
348,525
|
1,710,275
|
1,578,875
|
710
|
-
|
-
|
479,925
|
0.0%
|
Total
|
386,983
|
2,843,300
|
2,623,588
|
1,796
|
-
|
-
|
606,695
|
|