N-Q 1 Hastings_06_main.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-215

Fidelity Hastings Street Trust
(Exact name of registrant as specified in charter)

245 Summer St., Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)

Scott C. Goebel, Secretary

245 Summer St.

Boston, Massachusetts 02210
(Name and address of agent for service)

Registrant's telephone number, including area code: 617-563-7000

Date of fiscal year end:	June 30

Date of reporting period:	March 31, 2015

Item 1. Schedule of Investments

Investments March 31, 2015 (Unaudited) Investments March 31, 2015 (Unaudited) Investments March 31, 2015 (Unaudited) Investments March 31, 2015 (Unaudited) Investments March 31, 2015 (Unaudited) Investments March 31, 2015 (Unaudited)

Quarterly Holdings Report

for

Fidelity Advisor®
Series Growth & Income Fund

March 31, 2015

1.950945.102

AMHTI-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 98.5%
	Shares		Value
CONSUMER DISCRETIONARY - 10.2%
Automobiles - 0.1%
Harley-Davidson, Inc.	22,521		$ 1,367,926
Diversified Consumer Services - 0.4%
H&R Block, Inc.	158,100		5,070,267
Hotels, Restaurants & Leisure - 1.4%
Darden Restaurants, Inc.	25,200		1,747,368
Domino's Pizza, Inc.	8,300		834,565
Interval Leisure Group, Inc.	41,000		1,074,610
Las Vegas Sands Corp.	68,900		3,792,256
Yum! Brands, Inc.	135,001		10,627,279
			18,076,078
Household Durables - 0.3%
Tupperware Brands Corp.	49,300		3,402,686
Leisure Products - 0.0%
Mattel, Inc.	24,400		557,540
Media - 4.1%
Comcast Corp. Class A (special) (non-vtg.)	445,590		24,982,003
Scripps Networks Interactive, Inc. Class A	32,150		2,204,204
Sinclair Broadcast Group, Inc. Class A (e)	161,671		5,078,086
Time Warner, Inc.	181,741		15,346,210
Viacom, Inc. Class B (non-vtg.)	77,400		5,286,420
			52,896,923
Multiline Retail - 2.3%
Target Corp.	366,863		30,108,446
Specialty Retail - 1.5%
Lowe's Companies, Inc.	223,377		16,617,015
Sally Beauty Holdings, Inc. (a)	83,200		2,859,584
			19,476,599
Textiles, Apparel & Luxury Goods - 0.1%
adidas AG	7,800		618,034
Japan Tobacco, Inc.	8,100		256,080
			874,114
TOTAL CONSUMER DISCRETIONARY			131,830,579
CONSUMER STAPLES - 10.3%
Beverages - 3.0%
Diageo PLC	247,075		6,827,754
Molson Coors Brewing Co. Class B	19,400		1,444,330
PepsiCo, Inc.	79,694		7,620,340
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Beverages - continued
SABMiller PLC	83,029		$ 4,360,049
The Coca-Cola Co.	444,048		18,006,146
			38,258,619
Food & Staples Retailing - 1.1%
CVS Health Corp.	95,590		9,865,844
Walgreens Boots Alliance, Inc.	58,938		4,990,870
			14,856,714
Food Products - 0.3%
Kellogg Co.	59,979		3,955,615
Household Products - 1.9%
Procter & Gamble Co.	305,017		24,993,093
Personal Products - 0.3%
Estee Lauder Companies, Inc. Class A	26,500		2,203,740
Nu Skin Enterprises, Inc. Class A	21,200		1,276,452
			3,480,192
Tobacco - 3.7%
British American Tobacco PLC sponsored ADR	144,185		14,962,077
Lorillard, Inc.	243,786		15,931,415
Philip Morris International, Inc.	142,987		10,771,211
Reynolds American, Inc.	93,900		6,470,649
			48,135,352
TOTAL CONSUMER STAPLES			133,679,585
ENERGY - 9.1%
Energy Equipment & Services - 1.2%
Ensco PLC Class A	218,500		4,603,795
Helmerich & Payne, Inc.	8,600		585,402
Oceaneering International, Inc.	106,300		5,732,759
Schlumberger Ltd.	53,020		4,423,989
			15,345,945
Oil, Gas & Consumable Fuels - 7.9%
Apache Corp.	113,447		6,844,258
BG Group PLC	752,164		9,231,864
Chevron Corp.	261,788		27,482,504
EQT Midstream Partners LP	23,000		1,786,180
Foresight Energy LP	20,800		324,272
Golar LNG Ltd.	84,400		2,808,832
Imperial Oil Ltd.	213,300		8,513,138
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Kinder Morgan, Inc.	86,800		$ 3,650,808
Legacy Reserves LP	49,600		501,952
Markwest Energy Partners LP	172,571		11,406,943
Peabody Energy Corp. (e)	58,260		286,639
PrairieSky Royalty Ltd.	78,700		1,856,663
Suncor Energy, Inc.	612,090		17,885,951
The Williams Companies, Inc.	172,474		8,725,460
Williams Partners LP	19,680		968,650
			102,274,114
TOTAL ENERGY			117,620,059
FINANCIALS - 21.4%
Banks - 14.0%
Bank of America Corp.	1,923,137		29,597,078
Citigroup, Inc.	599,131		30,867,229
Comerica, Inc.	84,700		3,822,511
Commerce Bancshares, Inc.	26,700		1,129,944
Fifth Third Bancorp	124,800		2,352,480
First Republic Bank	10,800		616,572
FirstMerit Corp.	90,900		1,732,554
Intesa Sanpaolo SpA	80,900		274,575
JPMorgan Chase & Co.	895,198		54,231,093
M&T Bank Corp.	19,200		2,438,400
PNC Financial Services Group, Inc.	94,444		8,805,959
Regions Financial Corp.	461,200		4,358,340
Standard Chartered PLC (United Kingdom)	451,750		7,327,827
SunTrust Banks, Inc.	295,650		12,148,259
U.S. Bancorp	244,271		10,667,315
UMB Financial Corp.	17,600		930,864
Wells Fargo & Co.	174,400		9,487,360
			180,788,360
Capital Markets - 5.2%
Artisan Partners Asset Management, Inc.	13,900		631,894
Carlyle Group LP	69,000		1,869,900
Charles Schwab Corp.	277,454		8,445,700
Greenhill & Co., Inc.	10,500		416,325
Invesco Ltd.	18,000		714,420
KKR & Co. LP	380,778		8,685,546
Morgan Stanley	227,480		8,118,761
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
Northern Trust Corp.	111,410		$ 7,759,707
Oaktree Capital Group LLC Class A	38,900		2,009,574
State Street Corp.	260,174		19,130,594
The Blackstone Group LP	159,100		6,187,399
TPG Specialty Lending, Inc. (e)	174,330		3,000,219
			66,970,039
Consumer Finance - 0.1%
Discover Financial Services	17,600		991,760
Diversified Financial Services - 0.2%
IntercontinentalExchange Group, Inc.	11,098		2,588,830
Insurance - 1.2%
Brown & Brown, Inc.	26,460		876,091
Marsh & McLennan Companies, Inc.	52,019		2,917,746
MetLife, Inc.	193,139		9,763,176
Principal Financial Group, Inc.	40,800		2,095,896
			15,652,909
Real Estate Investment Trusts - 0.4%
First Potomac Realty Trust	30,879		367,151
Lamar Advertising Co. Class A	16,900		1,001,663
Sabra Health Care REIT, Inc.	27,200		901,680
Sun Communities, Inc.	20,085		1,340,071
WP Carey, Inc.	21,700		1,475,600
			5,086,165
Thrifts & Mortgage Finance - 0.3%
MGIC Investment Corp. (a)	62,400		600,912
Radian Group, Inc.	232,352		3,901,190
			4,502,102
TOTAL FINANCIALS			276,580,165
HEALTH CARE - 9.3%
Biotechnology - 1.5%
Amgen, Inc.	109,465		17,497,980
Intercept Pharmaceuticals, Inc. (a)	6,800		1,917,736
			19,415,716
Health Care Equipment & Supplies - 1.3%
Abbott Laboratories	76,291		3,534,562
Ansell Ltd.	49,724		1,043,381
Medtronic PLC	77,168		6,018,332
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
St. Jude Medical, Inc.	19,800		$ 1,294,920
Zimmer Holdings, Inc.	42,400		4,982,848
			16,874,043
Health Care Providers & Services - 1.8%
Cardinal Health, Inc.	45,700		4,125,339
Express Scripts Holding Co. (a)	26,300		2,282,051
McKesson Corp.	53,325		12,062,115
Patterson Companies, Inc.	63,377		3,092,164
Quest Diagnostics, Inc.	10,931		840,047
			22,401,716
Pharmaceuticals - 4.7%
AbbVie, Inc.	9,000		526,860
Astellas Pharma, Inc.	137,000		2,244,731
GlaxoSmithKline PLC sponsored ADR	369,740		17,063,501
Johnson & Johnson	214,274		21,555,964
Novartis AG sponsored ADR	41,832		4,125,054
Teva Pharmaceutical Industries Ltd. sponsored ADR	211,849		13,198,193
Theravance, Inc. (e)	144,100		2,265,252
			60,979,555
TOTAL HEALTH CARE			119,671,030
INDUSTRIALS - 12.7%
Aerospace & Defense - 2.6%
Meggitt PLC	585,900		4,767,145
Rolls-Royce Group PLC	163,989		2,318,280
The Boeing Co.	114,579		17,196,016
United Technologies Corp.	81,020		9,495,544
			33,776,985
Air Freight & Logistics - 1.8%
C.H. Robinson Worldwide, Inc.	40,313		2,951,718
FedEx Corp.	12,900		2,134,305
PostNL NV (a)	466,700		1,988,208
United Parcel Service, Inc. Class B	168,970		16,379,952
			23,454,183
Airlines - 0.2%
Copa Holdings SA Class A	27,800		2,806,966
Building Products - 0.1%
Lennox International, Inc.	14,100		1,574,829
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - 0.9%
ADT Corp. (e)	180,900		$ 7,510,968
KAR Auction Services, Inc.	96,397		3,656,338
			11,167,306
Electrical Equipment - 0.5%
Emerson Electric Co.	29,300		1,658,966
Hubbell, Inc. Class B	47,037		5,156,196
			6,815,162
Industrial Conglomerates - 3.1%
General Electric Co.	1,613,966		40,042,496
Machinery - 0.8%
Deere & Co.	55,400		4,858,026
Donaldson Co., Inc.	35,700		1,346,247
IMI PLC	95,600		1,808,116
Joy Global, Inc.	15,300		599,454
Valmont Industries, Inc.	7,700		946,176
Xylem, Inc.	12,800		448,256
			10,006,275
Professional Services - 0.1%
Acacia Research Corp.	69,700		745,790
Road & Rail - 2.1%
CSX Corp.	373,012		12,354,157
J.B. Hunt Transport Services, Inc.	100,365		8,570,669
Kansas City Southern	16,400		1,674,112
Norfolk Southern Corp.	41,280		4,248,538
			26,847,476
Trading Companies & Distributors - 0.5%
Watsco, Inc.	55,751		7,007,901
TOTAL INDUSTRIALS			164,245,369
INFORMATION TECHNOLOGY - 20.4%
Communications Equipment - 3.1%
Cisco Systems, Inc.	758,740		20,884,319
QUALCOMM, Inc.	265,510		18,410,463
			39,294,782
Internet Software & Services - 3.2%
Google, Inc.:
Class A (a)	32,459		18,005,007
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
Google, Inc.: - continued
Class C (a)	28,059		$ 15,376,332
Yahoo!, Inc. (a)	178,986		7,953,243
			41,334,582
IT Services - 5.6%
Cognizant Technology Solutions Corp. Class A (a)	108,602		6,775,679
Fidelity National Information Services, Inc.	40,111		2,729,955
IBM Corp.	73,074		11,728,377
Leidos Holdings, Inc.	9,800		411,208
MasterCard, Inc. Class A	161,650		13,964,944
Paychex, Inc.	326,705		16,209,469
The Western Union Co.	180,130		3,748,505
Unisys Corp. (a)	74,400		1,726,824
Visa, Inc. Class A	230,280		15,062,615
			72,357,576
Semiconductors & Semiconductor Equipment - 1.1%
Applied Materials, Inc.	78,726		1,776,059
Broadcom Corp. Class A	199,437		8,634,625
Maxim Integrated Products, Inc.	72,000		2,506,320
Xilinx, Inc.	13,700		579,510
			13,496,514
Software - 3.4%
Microsoft Corp.	874,008		35,532,795
Oracle Corp.	205,113		8,850,626
			44,383,421
Technology Hardware, Storage & Peripherals - 4.0%
Apple, Inc.	380,406		47,333,919
EMC Corp.	25,500		651,780
First Data Holdings, Inc. Class B (h)	911,424		4,055,837
			52,041,536
TOTAL INFORMATION TECHNOLOGY			262,908,411
MATERIALS - 3.4%
Chemicals - 2.9%
Airgas, Inc.	74,419		7,896,600
E.I. du Pont de Nemours & Co.	56,330		4,025,905
FMC Corp.	41,271		2,362,765
LyondellBasell Industries NV Class A	15,700		1,378,460
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Methanex Corp. (e)	34,300		$ 1,836,393
Monsanto Co.	103,414		11,638,212
Potash Corp. of Saskatchewan, Inc.	50,410		1,625,076
Syngenta AG (Switzerland)	15,157		5,149,267
Tronox Ltd. Class A	44,489		904,461
			36,817,139
Metals & Mining - 0.4%
Freeport-McMoRan, Inc.	274,500		5,201,775
SunCoke Energy Partners LP	18,390		391,523
			5,593,298
Paper & Forest Products - 0.1%
Domtar Corp.	20,000		924,400
TOTAL MATERIALS			43,334,837
TELECOMMUNICATION SERVICES - 1.7%
Diversified Telecommunication Services - 1.7%
TDC A/S	98,600		706,652
Verizon Communications, Inc.	431,359		20,976,988
			21,683,640
UTILITIES - 0.0%
Electric Utilities - 0.0%
Southern Co.	14,700		650,916
TOTAL COMMON STOCKS (Cost $1,123,335,691)		1,272,204,591
Convertible Preferred Stocks - 0.7%

CONSUMER DISCRETIONARY - 0.0%
Leisure Products - 0.0%
NJOY, Inc. Series D (a)(h)	12,494		100,827
HEALTH CARE - 0.7%
Health Care Equipment & Supplies - 0.7%
Alere, Inc. 3.00%	28,296		9,408,420
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $7,979,291)		9,509,247

Convertible Bonds - 0.3%
		Principal Amount (d)		Value
CONSUMER DISCRETIONARY - 0.0%
Automobiles - 0.0%
Tesla Motors, Inc. 1.25% 3/1/21		$ 590,000		$ 494,125
ENERGY - 0.2%
Oil, Gas & Consumable Fuels - 0.2%
Amyris, Inc.:
3% 2/27/17		820,000		709,751
5% 10/15/18 (h)		788,395		643,023
Peabody Energy Corp. 4.75% 12/15/41		1,920,000		678,000
				2,030,774
INFORMATION TECHNOLOGY - 0.1%
Internet Software & Services - 0.1%
Twitter, Inc. 0.25% 9/15/19 (f)		880,000		864,050
TOTAL CONVERTIBLE BONDS (Cost $4,315,754)			3,388,949
Preferred Securities - 0.0%

FINANCIALS - 0.0%
Diversified Financial Services - 0.0%
Baggot Securities Ltd. 10.24% (f)(g) (Cost $829,308)	EUR	540,000	616,833

Money Market Funds - 1.2%
	Shares
Fidelity Cash Central Fund, 0.14% (b)	8,480,575		8,480,575
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	7,001,335		7,001,335
TOTAL MONEY MARKET FUNDS (Cost $15,481,910)		15,481,910
TOTAL INVESTMENT PORTFOLIO - 100.7% (Cost $1,151,941,954)			1,301,201,530
NET OTHER ASSETS (LIABILITIES) - (0.7)%			(9,496,663)
NET ASSETS - 100%		$ 1,291,704,867

Currency Abbreviations
EUR	-	European Monetary Unit

Legend

(a) Non-income producing

(b) 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.

(d) Amount is stated in United States dollars unless otherwise noted.

(e) Security or a portion of the security is on loan at period end.

(f) 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 $1,480,883 or 0.1% of net assets.

(g) Security is perpetual in nature with no stated maturity date.

(h) Restricted securities - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $4,799,687 or 0.4% of net assets.

Additional information on each restricted holding is as follows:

Security	Acquisition Date	Acquisition Cost
Amyris, Inc. 5% 10/15/18	10/16/13 - 10/15/14	$ 788,395
First Data Holdings, Inc. Class B	6/26/14	$ 3,645,696
NJOY, Inc. Series D	2/14/14	$ 211,475

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 2,952
Fidelity Securities Lending Cash Central Fund	131,190
Total	$ 134,142

Other Information

The following is a summary of the inputs used, as of March 31, 2015, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the Investment Valuation section at the end of this listing.

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 131,931,406	$ 131,574,499	$ 256,080	$ 100,827
Consumer Staples	133,679,585	126,851,831	6,827,754	-
Energy	117,620,059	108,388,195	9,231,864	-
Financials	276,580,165	276,305,590	274,575	-
Health Care	129,079,450	126,834,719	2,244,731	-
Industrials	164,245,369	164,245,369	-	-
Information Technology	262,908,411	258,852,574	-	4,055,837
Materials	43,334,837	38,185,570	5,149,267	-
Telecommunication Services	21,683,640	21,683,640	-	-
Utilities	650,916	650,916	-	-
Corporate Bonds	3,388,949	-	3,388,949	-
Preferred Securities	616,833	-	616,833	-
Money Market Funds	15,481,910	15,481,910	-	-
Total Investments in Securities:	$ 1,301,201,530	$ 1,269,054,813	$ 27,990,053	$ 4,156,664

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $1,155,307,324. Net unrealized appreciation aggregated $145,894,206, of which $189,459,036 related to appreciated investment securities and $43,564,830 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fidelity Management & Research Company (FMR) Fair Value Committee (the Committee). In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's 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 vendor 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 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. Utilizing these techniques may result in transfers between Level 1 and Level 2. 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 vendors or from brokers who make markets in such securities. Corporate bonds and preferred securities are valued by pricing vendors 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 vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

For additional information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

Quarterly 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.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Mega Cap Stock Fund

March 31, 2015

1.799848.111

GII-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 99.4%
	Shares		Value
CONSUMER DISCRETIONARY - 10.8%
Automobiles - 0.2%
General Motors Co.	193,900		$ 7,271,250
Hotels, Restaurants & Leisure - 1.1%
Las Vegas Sands Corp.	206,900		11,387,776
Yum! Brands, Inc.	355,200		27,961,344
			39,349,120
Internet & Catalog Retail - 0.2%
Priceline Group, Inc. (a)	6,400		7,450,560
Media - 5.1%
Comcast Corp. Class A (special) (non-vtg.) (d)	1,495,600		83,850,814
The Walt Disney Co.	134,000		14,055,260
Time Warner, Inc.	707,800		59,766,632
Twenty-First Century Fox, Inc. Class A	151,500		5,126,760
Viacom, Inc. Class B (non-vtg.)	279,100		19,062,530
			181,861,996
Multiline Retail - 2.4%
Target Corp.	1,037,200		85,123,004
Specialty Retail - 1.8%
Lowe's Companies, Inc.	866,600		64,466,374
Textiles, Apparel & Luxury Goods - 0.0%
Japan Tobacco, Inc.	33,700		1,065,421
TOTAL CONSUMER DISCRETIONARY			386,587,725
CONSUMER STAPLES - 10.0%
Beverages - 3.5%
Diageo PLC	764,696		21,131,867
PepsiCo, Inc.	367,805		35,169,514
SABMiller PLC	259,289		13,615,877
The Coca-Cola Co.	1,334,300		54,105,865
			124,023,123
Food & Staples Retailing - 1.6%
CVS Health Corp.	337,900		34,874,659
Walgreens Boots Alliance, Inc.	278,897		23,616,998
			58,491,657
Food Products - 0.2%
Kellogg Co.	106,100		6,997,295
Household Products - 2.1%
Procter & Gamble Co.	898,100		73,590,314
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Tobacco - 2.6%
British American Tobacco PLC sponsored ADR	407,300		$ 42,265,521
Philip Morris International, Inc.	496,630		37,411,138
Reynolds American, Inc.	200,700		13,830,237
			93,506,896
TOTAL CONSUMER STAPLES			356,609,285
ENERGY - 9.1%
Energy Equipment & Services - 1.1%
Halliburton Co.	127,000		5,572,760
National Oilwell Varco, Inc.	126,600		6,328,734
Schlumberger Ltd.	314,600		26,250,224
			38,151,718
Oil, Gas & Consumable Fuels - 8.0%
Anadarko Petroleum Corp.	96,200		7,966,322
Apache Corp.	526,405		31,758,014
BG Group PLC	2,552,000		31,322,579
Chevron Corp.	744,700		78,178,606
Exxon Mobil Corp.	159,871		13,589,035
Imperial Oil Ltd.	675,700		26,968,248
Kinder Morgan, Inc.	312,000		13,122,720
Pioneer Natural Resources Co.	25,200		4,120,452
Suncor Energy, Inc.	1,937,000		56,601,295
The Williams Companies, Inc.	461,600		23,352,344
			286,979,615
TOTAL ENERGY			325,131,333
FINANCIALS - 19.2%
Banks - 13.5%
Bank of America Corp.	6,397,600		98,459,064
Citigroup, Inc.	1,776,770		91,539,190
JPMorgan Chase & Co.	2,694,400		163,226,752
PNC Financial Services Group, Inc.	272,400		25,398,576
Standard Chartered PLC (United Kingdom)	1,285,698		20,855,280
U.S. Bancorp	896,000		39,128,320
Wells Fargo & Co.	814,030		44,283,232
			482,890,414
Capital Markets - 3.4%
BlackRock, Inc. Class A	9,800		3,585,232
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
Charles Schwab Corp.	818,300		$ 24,909,052
Goldman Sachs Group, Inc.	17,300		3,251,881
Morgan Stanley	1,083,500		38,670,115
State Street Corp.	687,200		50,529,816
			120,946,096
Consumer Finance - 0.1%
Discover Financial Services	69,700		3,927,595
Diversified Financial Services - 0.2%
IntercontinentalExchange Group, Inc.	23,700		5,528,499
Insurance - 2.0%
American International Group, Inc.	540,100		29,592,079
Marsh & McLennan Companies, Inc.	186,280		10,448,445
MetLife, Inc.	621,795		31,431,737
			71,472,261
TOTAL FINANCIALS			684,764,865
HEALTH CARE - 10.3%
Biotechnology - 1.7%
Amgen, Inc.	296,690		47,425,897
Biogen, Inc. (a)	23,600		9,964,864
Intercept Pharmaceuticals, Inc. (a)	7,200		2,030,544
			59,421,305
Health Care Equipment & Supplies - 1.1%
Abbott Laboratories	403,100		18,675,623
Medtronic PLC	253,613		19,779,278
			38,454,901
Health Care Providers & Services - 2.5%
Express Scripts Holding Co. (a)	422,907		36,695,640
McKesson Corp.	198,700		44,945,940
UnitedHealth Group, Inc.	67,648		8,002,082
			89,643,662
Life Sciences Tools & Services - 0.1%
Thermo Fisher Scientific, Inc.	39,300		5,279,562
Pharmaceuticals - 4.9%
AbbVie, Inc.	31,000		1,814,740
Actavis PLC (a)	38,900		11,577,418
GlaxoSmithKline PLC sponsored ADR	1,065,900		49,191,285
Johnson & Johnson	656,500		66,043,900
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Pharmaceuticals - continued
Novartis AG sponsored ADR	97,600		$ 9,624,336
Teva Pharmaceutical Industries Ltd. sponsored ADR	565,400		35,224,420
			173,476,099
TOTAL HEALTH CARE			366,275,529
INDUSTRIALS - 10.7%
Aerospace & Defense - 2.6%
Honeywell International, Inc.	102,100		10,650,051
The Boeing Co.	327,600		49,166,208
United Technologies Corp.	297,800		34,902,160
			94,718,419
Air Freight & Logistics - 2.1%
FedEx Corp.	160,400		26,538,180
United Parcel Service, Inc. Class B	508,700		49,313,378
			75,851,558
Electrical Equipment - 0.1%
Emerson Electric Co.	80,600		4,563,572
Industrial Conglomerates - 3.6%
Danaher Corp.	126,970		10,779,753
General Electric Co.	4,686,600		116,274,546
			127,054,299
Machinery - 0.5%
Deere & Co.	203,900		17,879,991
Road & Rail - 1.8%
CSX Corp.	1,058,000		35,040,960
Norfolk Southern Corp.	145,200		14,943,984
Union Pacific Corp.	119,790		12,974,455
			62,959,399
TOTAL INDUSTRIALS			383,027,238
INFORMATION TECHNOLOGY - 24.6%
Communications Equipment - 3.6%
Cisco Systems, Inc.	2,463,800		67,816,095
QUALCOMM, Inc.	881,000		61,088,540
			128,904,635
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - 4.6%
Google, Inc.:
Class A (a)	113,850		$ 63,152,595
Class C (a)	102,450		56,142,600
Twitter, Inc. (a)	267,300		13,386,384
Yahoo!, Inc. (a)	708,439		31,479,487
			164,161,066
IT Services - 4.8%
Cognizant Technology Solutions Corp. Class A (a)	528,500		32,973,115
IBM Corp.	235,200		37,749,600
MasterCard, Inc. Class A	585,900		50,615,901
Visa, Inc. Class A	776,800		50,810,488
			172,149,104
Semiconductors & Semiconductor Equipment - 1.0%
Applied Materials, Inc.	209,925		4,735,908
Broadcom Corp. Class A	704,636		30,507,216
			35,243,124
Software - 5.2%
Adobe Systems, Inc. (a)	237,000		17,523,780
Microsoft Corp.	2,719,700		110,569,404
Oracle Corp.	985,900		42,541,585
salesforce.com, Inc. (a)	210,700		14,076,867
			184,711,636
Technology Hardware, Storage & Peripherals - 5.4%
Apple, Inc.	1,395,207		173,605,607
EMC Corp.	415,300		10,615,068
First Data Holdings, Inc. Class B (e)	2,429,231		10,810,078
			195,030,753
TOTAL INFORMATION TECHNOLOGY			880,200,318
MATERIALS - 2.8%
Chemicals - 2.3%
E.I. du Pont de Nemours & Co.	299,500		21,405,265
LyondellBasell Industries NV Class A	86,900		7,629,820
Monsanto Co.	358,610		40,357,969
Syngenta AG (Switzerland)	44,392		15,081,232
			84,474,286
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - 0.5%
Freeport-McMoRan, Inc.	883,800		$ 16,748,010
TOTAL MATERIALS			101,222,296
TELECOMMUNICATION SERVICES - 1.9%
Diversified Telecommunication Services - 1.9%
Verizon Communications, Inc.	1,419,525		69,031,501
TOTAL COMMON STOCKS (Cost $2,892,251,949)		3,552,850,090
Money Market Funds - 2.8%

Fidelity Cash Central Fund, 0.14% (b)	27,737,203		27,737,203
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	72,248,750		72,248,750
TOTAL MONEY MARKET FUNDS (Cost $99,985,953)		99,985,953
TOTAL INVESTMENT PORTFOLIO - 102.2% (Cost $2,992,237,902)			3,652,836,043
NET OTHER ASSETS (LIABILITIES) - (2.2)%			(79,271,536)
NET ASSETS - 100%		$ 3,573,564,507

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Restricted securities - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $10,810,078 or 0.3% of net assets.

Additional information on each restricted holding is as follows:

Security	Acquisition Date	Acquisition Cost
First Data Holdings, Inc. Class B	6/26/14	$ 9,716,924

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 52,599
Fidelity Securities Lending Cash Central Fund	128,034
Total	$ 180,633

Other Information

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 386,587,725	$ 385,522,304	$ 1,065,421	$ -
Consumer Staples	356,609,285	335,477,418	21,131,867	-
Energy	325,131,333	293,808,754	31,322,579	-
Financials	684,764,865	684,764,865	-	-
Health Care	366,275,529	366,275,529	-	-
Industrials	383,027,238	383,027,238	-	-
Information Technology	880,200,318	869,390,240	-	10,810,078
Materials	101,222,296	86,141,064	15,081,232	-
Telecommunication Services	69,031,501	69,031,501	-	-
Money Market Funds	99,985,953	99,985,953	-	-
Total Investments in Securities:	$ 3,652,836,043	$ 3,573,424,866	$ 68,601,099	$ 10,810,078

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $3,000,121,488. Net unrealized appreciation aggregated $652,714,555, of which $747,050,761 related to appreciated investment securities and $94,336,206 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fidelity Management & Research Company (FMR) Fair Value Committee (the Committee). In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Fund

March 31, 2015

1.799854.111

FID-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 97.6%
	Shares		Value (000s)
CONSUMER DISCRETIONARY - 11.2%
Diversified Consumer Services - 0.1%
ServiceMaster Global Holdings, Inc.	200,000		$ 6,750
Hotels, Restaurants & Leisure - 2.4%
Starbucks Corp.	1,041,998		98,677
Wyndham Worldwide Corp.	250,000		22,618
			121,295
Media - 4.4%
Comcast Corp. Class A	1,770,700		99,991
The Walt Disney Co.	1,197,800		125,637
			225,628
Specialty Retail - 1.9%
AutoZone, Inc. (a)	72,300		49,320
TJX Companies, Inc.	709,100		49,672
			98,992
Textiles, Apparel & Luxury Goods - 2.4%
NIKE, Inc. Class B	624,100		62,616
VF Corp.	784,700		59,096
			121,712
TOTAL CONSUMER DISCRETIONARY			574,377
CONSUMER STAPLES - 5.8%
Food & Staples Retailing - 2.1%
CVS Health Corp.	1,065,200		109,939
Food Products - 2.2%
Bunge Ltd.	289,000		23,802
Keurig Green Mountain, Inc.	313,900		35,072
Mondelez International, Inc.	1,429,600		51,594
			110,468
Personal Products - 0.8%
Estee Lauder Companies, Inc. Class A	492,300		40,940
Tobacco - 0.7%
Altria Group, Inc.	697,500		34,889
TOTAL CONSUMER STAPLES			296,236
ENERGY - 5.7%
Oil, Gas & Consumable Fuels - 5.7%
Anadarko Petroleum Corp.	460,650		38,146
Cheniere Energy Partners LP	871,900		26,122
Common Stocks - continued
	Shares		Value (000s)
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Chevron Corp.	500,000		$ 52,490
EOG Resources, Inc.	296,400		27,177
EQT Midstream Partners LP	348,700		27,080
Kinder Morgan, Inc.	708,800		29,812
MPLX LP	523,100		38,322
The Williams Companies, Inc.	825,700		41,772
YPF SA Class D sponsored ADR	500,000		13,725
			294,646
FINANCIALS - 17.7%
Banks - 7.7%
Bank of America Corp.	5,488,200		84,463
Citigroup, Inc.	1,420,600		73,189
JPMorgan Chase & Co.	1,513,900		91,712
SunTrust Banks, Inc.	891,300		36,624
Wells Fargo & Co.	1,978,367		107,623
			393,611
Capital Markets - 4.1%
E*TRADE Financial Corp. (a)	1,481,700		42,310
Goldman Sachs Group, Inc.	333,400		62,669
Invesco Ltd.	1,227,000		48,700
Morgan Stanley	1,568,200		55,969
			209,648
Diversified Financial Services - 4.2%
Berkshire Hathaway, Inc. Class B (a)	653,900		94,371
McGraw Hill Financial, Inc.	815,725		84,346
Moody's Corp.	355,200		36,870
			215,587
Insurance - 0.7%
American International Group, Inc.	697,500		38,216
Real Estate Investment Trusts - 1.0%
American Tower Corp.	384,100		36,163
Easterly Government Properties, Inc.	893,700		14,344
			50,507
TOTAL FINANCIALS			907,569
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - 18.7%
Biotechnology - 5.9%
Actelion Ltd.	175,000		$ 20,277
Alexion Pharmaceuticals, Inc. (a)	211,600		36,670
Amgen, Inc.	521,300		83,330
Biogen, Inc. (a)	200,100		84,490
Genmab A/S (a)	295,000		22,204
Gilead Sciences, Inc. (a)	448,800		44,041
Seattle Genetics, Inc. (a)	314,300		11,111
			302,123
Health Care Equipment & Supplies - 2.6%
Boston Scientific Corp. (a)	3,262,000		57,901
Medtronic PLC	784,700		61,199
NxStage Medical, Inc. (a)	871,900		15,084
			134,184
Health Care Providers & Services - 1.2%
McKesson Corp.	261,600		59,174
Life Sciences Tools & Services - 1.7%
Illumina, Inc. (a)	132,364		24,572
Thermo Fisher Scientific, Inc.	457,700		61,487
			86,059
Pharmaceuticals - 7.3%
Actavis PLC (a)	276,900		82,411
Endo Health Solutions, Inc. (a)	350,000		31,395
Jazz Pharmaceuticals PLC (a)	1,400		242
Johnson & Johnson	1,177,000		118,406
Mallinckrodt PLC (a)	360,900		45,708
Shire PLC sponsored ADR	191,800		45,896
Teva Pharmaceutical Industries Ltd. sponsored ADR	653,900		40,738
Theravance, Inc. (d)	746,233		11,731
			376,527
TOTAL HEALTH CARE			958,067
INDUSTRIALS - 9.4%
Aerospace & Defense - 3.3%
Honeywell International, Inc.	570,400		59,498
Huntington Ingalls Industries, Inc.	335,500		47,020
Textron, Inc.	1,446,100		64,106
			170,624
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Airlines - 1.5%
American Airlines Group, Inc.	980,900		$ 51,772
Delta Air Lines, Inc.	610,300		27,439
			79,211
Industrial Conglomerates - 1.0%
Danaher Corp.	603,200		51,212
Machinery - 2.0%
Cummins, Inc.	164,800		22,848
Deere & Co.	544,900		47,782
Manitowoc Co., Inc. (d)	1,361,400		29,352
			99,982
Road & Rail - 1.6%
Union Pacific Corp.	738,400		79,976
TOTAL INDUSTRIALS			481,005
INFORMATION TECHNOLOGY - 22.5%
Communications Equipment - 0.5%
Brocade Communications Systems, Inc.	2,118,100		25,131
Electronic Equipment & Components - 2.9%
Amphenol Corp. Class A	2,066,776		121,795
TE Connectivity Ltd.	400,000		28,648
			150,443
Internet Software & Services - 5.6%
Alibaba Group Holding Ltd. sponsored ADR	225,500		18,771
Facebook, Inc. Class A (a)	1,364,200		112,158
Google, Inc.:
Class A (a)	130,600		72,444
Class C (a)	155,600		85,269
			288,642
IT Services - 3.5%
Fidelity National Information Services, Inc.	750,400		51,072
MasterCard, Inc. Class A	685,300		59,203
Visa, Inc. Class A	1,046,400		68,445
			178,720
Semiconductors & Semiconductor Equipment - 2.3%
Applied Materials, Inc.	1,574,500		35,521
Freescale Semiconductor, Inc. (a)	823,685		33,573
NXP Semiconductors NV (a)	508,198		51,003
			120,097
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Software - 1.9%
Adobe Systems, Inc. (a)	1,024,400		$ 75,744
salesforce.com, Inc. (a)	325,000		21,713
			97,457
Technology Hardware, Storage & Peripherals - 5.8%
Apple, Inc.	2,008,900		249,967
Samsung Electronics Co. Ltd.	34,725		45,123
			295,090
TOTAL INFORMATION TECHNOLOGY			1,155,580
MATERIALS - 6.6%
Chemicals - 5.6%
Agrium, Inc.	261,600		27,264
Airgas, Inc.	315,200		33,446
CF Industries Holdings, Inc.	174,400		49,474
E.I. du Pont de Nemours & Co.	566,700		40,502
Ecolab, Inc.	377,500		43,178
LyondellBasell Industries NV Class A	333,100		29,246
Monsanto Co.	553,500		62,291
			285,401
Construction Materials - 1.0%
Martin Marietta Materials, Inc.	154,300		21,571
Vulcan Materials Co.	362,299		30,542
			52,113
TOTAL MATERIALS			337,514
TOTAL COMMON STOCKS (Cost $3,660,595)		5,004,994

U.S. Treasury Obligations - 0.1%
	Principal Amount (000s)
U.S. Treasury Bills, yield at date of purchase 0.01% to 0.03% 4/16/15 to 6/25/15 (e) (Cost $6,090)	$ 6,090	6,090

Money Market Funds - 3.3%
	Shares		Value (000s)
Fidelity Cash Central Fund, 0.14% (b)	153,635,955		$ 153,636
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	15,096,700		15,097
TOTAL MONEY MARKET FUNDS (Cost $168,733)		168,733
TOTAL INVESTMENT PORTFOLIO - 101.0% (Cost $3,835,418)			5,179,817
NET OTHER ASSETS (LIABILITIES) - (1.0)%			(51,943)
NET ASSETS - 100%		$ 5,127,874

Futures Contracts
	Expiration Date	Underlying Face Amount at Value (000s)	Unrealized Appreciation/ (Depreciation) (000s)
Purchased
Equity Index Contracts
939 CME E-mini S&P 500 Index Contracts (United States)	June 2015	$ 96,755	$ 291

The face value of futures purchased as a percentage of net assets is 1.9%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(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 $4,556,000.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned (Amounts in thousands)
Fidelity Cash Central Fund	$ 103
Fidelity Securities Lending Cash Central Fund	948
Total	$ 1,051

Other Information

Valuation Inputs at Reporting Date:
Description (Amounts in thousands)	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 574,377	$ 574,377	$ -	$ -
Consumer Staples	296,236	296,236	-	-
Energy	294,646	294,646	-	-
Financials	907,569	907,569	-	-
Health Care	958,067	958,067	-	-
Industrials	481,005	481,005	-	-
Information Technology	1,155,580	1,155,580	-	-
Materials	337,514	337,514	-	-
U.S. Government and Government Agency Obligations	6,090	-	6,090	-
Money Market Funds	168,733	168,733	-	-
Total Investments in Securities:	$ 5,179,817	$ 5,173,727	$ 6,090	$ -
Derivative Instruments:
Assets
Futures Contracts	$ 291	$ 291	$ -	$ -

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $3,839,821,000. Net unrealized appreciation aggregated $1,339,996,000, of which $1,383,747,000 related to appreciated investment securities and $43,751,000 related to depreciated investment securities.

Investment Valuation

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices.

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 open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Growth Discovery Fund

March 31, 2015

1.799853.111

CII-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 96.6%
	Shares		Value (000s)
CONSUMER DISCRETIONARY - 14.1%
Automobiles - 1.6%
Harley-Davidson, Inc.	199,994		$ 12,148
Tesla Motors, Inc. (a)(d)	43,010		8,119
			20,267
Distributors - 0.2%
LKQ Corp. (a)	109,400		2,796
Diversified Consumer Services - 1.1%
Bright Horizons Family Solutions, Inc. (a)	73,200		3,753
G8 Education Ltd.	294,831		755
H&R Block, Inc.	94,188		3,021
Houghton Mifflin Harcourt Co. (a)	96,000		2,254
ServiceMaster Global Holdings, Inc.	118,700		4,006
			13,789
Hotels, Restaurants & Leisure - 3.7%
Chipotle Mexican Grill, Inc. (a)	10,821		7,039
Domino's Pizza, Inc.	76,500		7,692
Dunkin' Brands Group, Inc. (d)	89,569		4,260
Starbucks Corp.	228,526		21,641
Yum! Brands, Inc.	87,437		6,883
			47,515
Household Durables - 0.6%
Harman International Industries, Inc.	36,000		4,811
Toll Brothers, Inc. (a)	88,600		3,486
			8,297
Internet & Catalog Retail - 0.4%
Amazon.com, Inc. (a)	15,300		5,693
Leisure Products - 0.0%
NJOY, Inc. (f)	56,145		453
Media - 1.1%
Comcast Corp. Class A (special) (non-vtg.)	255,543		14,327
Specialty Retail - 3.7%
Five Below, Inc. (a)	87,800		3,123
Home Depot, Inc.	207,824		23,611
Lowe's Companies, Inc.	66,900		4,977
MarineMax, Inc. (a)	76,900		2,039
Ulta Salon, Cosmetics & Fragrance, Inc. (a)	96,504		14,558
			48,308
Textiles, Apparel & Luxury Goods - 1.7%
ECLAT Textile Co. Ltd.	11,436		151
Kate Spade & Co. (a)	260,470		8,697
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Michael Kors Holdings Ltd. (a)	27,200		$ 1,788
NIKE, Inc. Class B	109,267		10,963
			21,599
TOTAL CONSUMER DISCRETIONARY			183,044
CONSUMER STAPLES - 7.6%
Beverages - 1.0%
Kweichow Moutai Co. Ltd.	26,209		828
SABMiller PLC	120,224		6,313
The Coca-Cola Co.	136,336		5,528
			12,669
Food & Staples Retailing - 0.6%
Sprouts Farmers Market LLC (a)	44,800		1,578
Whole Foods Market, Inc.	105,351		5,487
			7,065
Food Products - 3.5%
Keurig Green Mountain, Inc.	264,772		29,583
Mead Johnson Nutrition Co. Class A	84,329		8,478
The Hershey Co.	69,997		7,063
			45,124
Household Products - 1.6%
Procter & Gamble Co.	256,686		21,033
Personal Products - 0.9%
Estee Lauder Companies, Inc. Class A	44,900		3,734
Herbalife Ltd. (d)	190,633		8,151
			11,885
TOTAL CONSUMER STAPLES			97,776
ENERGY - 1.5%
Energy Equipment & Services - 0.5%
Oceaneering International, Inc.	47,256		2,549
Pason Systems, Inc.	131,406		2,071
RigNet, Inc. (a)	54,761		1,566
			6,186
Oil, Gas & Consumable Fuels - 1.0%
Cheniere Energy, Inc. (a)	68,400		5,294
Emerge Energy Services LP	12,600		598
Common Stocks - continued
	Shares		Value (000s)
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
EOG Resources, Inc.	23,100		$ 2,118
Golar LNG Ltd.	155,961		5,190
Tanker Investments Ltd. (a)	27,900		305
Teekay Tankers Ltd.	59,502		342
			13,847
TOTAL ENERGY			20,033
FINANCIALS - 9.3%
Banks - 1.8%
First Republic Bank	129,900		7,416
HDFC Bank Ltd.	31,265		604
HDFC Bank Ltd. sponsored ADR	257,455		15,162
			23,182
Capital Markets - 5.3%
BlackRock, Inc. Class A	31,494		11,522
E*TRADE Financial Corp. (a)	401,459		11,464
HFF, Inc.	12,700		477
Invesco Ltd.	279,284		11,085
JMP Group, Inc.	64,700		542
The Blackstone Group LP	718,619		27,947
Virtus Investment Partners, Inc.	45,400		5,937
			68,974
Consumer Finance - 0.2%
American Express Co.	26,084		2,038
Diversified Financial Services - 1.1%
Berkshire Hathaway, Inc. Class B (a)	23,600		3,406
McGraw Hill Financial, Inc.	104,512		10,807
			14,213
Real Estate Management & Development - 0.7%
Leopalace21 Corp. (a)	73,800		386
Realogy Holdings Corp. (a)	199,481		9,072
			9,458
Thrifts & Mortgage Finance - 0.2%
Essent Group Ltd. (a)	87,800		2,099
TOTAL FINANCIALS			119,964
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - 20.1%
Biotechnology - 13.1%
Acceleron Pharma, Inc. (a)	48,400		$ 1,842
Actelion Ltd.	17,384		2,014
Alexion Pharmaceuticals, Inc. (a)	52,594		9,115
Amgen, Inc.	83,400		13,331
Biogen, Inc. (a)	59,679		25,199
BioMarin Pharmaceutical, Inc. (a)	89,996		11,215
Celgene Corp. (a)	26,200		3,020
Cytokinetics, Inc. warrants 6/25/17 (a)	288,420		127
Enanta Pharmaceuticals, Inc. (a)(d)	49,809		1,525
Gilead Sciences, Inc. (a)	669,463		65,694
Insmed, Inc. (a)	342,678		7,128
Medivation, Inc. (a)	71,800		9,267
Ophthotech Corp. (a)	48,445		2,254
Pfenex, Inc. (a)	107,100		1,707
Puma Biotechnology, Inc. (a)	14,700		3,471
Vertex Pharmaceuticals, Inc. (a)	101,400		11,962
			168,871
Health Care Equipment & Supplies - 0.5%
Medtronic PLC	42,700		3,330
Novadaq Technologies, Inc. (a)	194,800		3,164
			6,494
Health Care Providers & Services - 0.2%
Apollo Hospitals Enterprise Ltd. (a)	119,708		2,632
Health Care Technology - 0.2%
Cerner Corp. (a)	35,913		2,631
Life Sciences Tools & Services - 0.8%
Illumina, Inc. (a)	57,526		10,679
Pharmaceuticals - 5.3%
Actavis PLC (a)	108,377		32,255
Astellas Pharma, Inc.	1,034,200		16,945
Perrigo Co. PLC	40,432		6,694
Shire PLC	130,900		10,436
Teva Pharmaceutical Industries Ltd. sponsored ADR	32,900		2,050
			68,380
TOTAL HEALTH CARE			259,687
INDUSTRIALS - 11.9%
Aerospace & Defense - 3.5%
Textron, Inc.	186,900		8,285
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Aerospace & Defense - continued
TransDigm Group, Inc.	54,527		$ 11,926
United Technologies Corp.	208,412		24,426
			44,637
Airlines - 0.5%
Ryanair Holdings PLC sponsored ADR	91,353		6,100
Building Products - 1.2%
A.O. Smith Corp.	143,444		9,419
Caesarstone Sdot-Yam Ltd.	108,300		6,575
			15,994
Construction & Engineering - 0.5%
Jacobs Engineering Group, Inc. (a)	157,291		7,103
Electrical Equipment - 0.5%
AMETEK, Inc.	88,945		4,673
Power Solutions International, Inc. (a)(d)	34,221		2,200
			6,873
Industrial Conglomerates - 2.7%
Danaher Corp.	300,255		25,492
Roper Industries, Inc.	53,114		9,136
			34,628
Machinery - 0.8%
Allison Transmission Holdings, Inc.	80,500		2,571
Manitowoc Co., Inc.	285,047		6,146
Sarine Technologies Ltd.	564,000		1,122
Sun Hydraulics Corp.	14,500		600
			10,439
Professional Services - 1.5%
Corporate Executive Board Co.	53,600		4,280
On Assignment, Inc. (a)	24,306		933
Resources Connection, Inc.	67,400		1,180
Robert Half International, Inc.	74,000		4,478
Verisk Analytics, Inc. (a)	70,367		5,024
WageWorks, Inc. (a)	61,473		3,278
			19,173
Road & Rail - 0.6%
J.B. Hunt Transport Services, Inc.	94,000		8,027
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Trading Companies & Distributors - 0.1%
Summit Ascent Holdings Ltd. (a)	2,470,000		$ 1,319
TOTAL INDUSTRIALS			154,293
INFORMATION TECHNOLOGY - 30.8%
Communications Equipment - 0.4%
QUALCOMM, Inc.	74,600		5,173
Electronic Equipment & Components - 0.8%
TE Connectivity Ltd.	145,463		10,418
Internet Software & Services - 11.6%
Cvent, Inc. (a)(d)	151,731		4,255
Facebook, Inc. Class A (a)	1,395,991		114,769
Google, Inc. Class A (a)	36,552		20,275
Textura Corp. (a)(d)	286,739		7,794
Twitter, Inc. (a)	45,900		2,299
			149,392
IT Services - 2.1%
Cognizant Technology Solutions Corp. Class A (a)	74,900		4,673
Gartner, Inc. Class A (a)	72,518		6,081
Virtusa Corp. (a)	22,435		928
Visa, Inc. Class A	242,096		15,835
			27,517
Semiconductors & Semiconductor Equipment - 2.9%
Cirrus Logic, Inc. (a)	33,200		1,104
Marvell Technology Group Ltd.	413,000		6,071
Maxim Integrated Products, Inc.	439,400		15,296
Monolithic Power Systems, Inc.	71,318		3,755
Qorvo, Inc. (a)	88,800		7,077
Skyworks Solutions, Inc.	46,700		4,590
			37,893
Software - 6.3%
Activision Blizzard, Inc.	113,287		2,574
Adobe Systems, Inc. (a)	88,100		6,514
Computer Modelling Group Ltd.	276,400		2,776
Electronic Arts, Inc. (a)	303,534		17,852
Fleetmatics Group PLC (a)	47,100		2,112
Red Hat, Inc. (a)	91,000		6,893
salesforce.com, Inc. (a)	363,864		24,310
ServiceNow, Inc. (a)	41,400		3,261
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Software - continued
SolarWinds, Inc. (a)	214,306		$ 10,981
SS&C Technologies Holdings, Inc.	54,620		3,403
			80,676
Technology Hardware, Storage & Peripherals - 6.7%
Apple, Inc.	699,246		87,007
TOTAL INFORMATION TECHNOLOGY			398,076
MATERIALS - 1.3%
Chemicals - 1.0%
Potash Corp. of Saskatchewan, Inc.	129,900		4,188
Sherwin-Williams Co.	27,995		7,965
			12,153
Construction Materials - 0.3%
Eagle Materials, Inc.	13,598		1,136
James Hardie Industries PLC sponsored ADR	52,527		3,038
			4,174
TOTAL MATERIALS			16,327
TOTAL COMMON STOCKS (Cost $925,258)		1,249,200
Convertible Preferred Stocks - 0.7%

CONSUMER DISCRETIONARY - 0.2%
Household Durables - 0.2%
Blu Homes, Inc. Series A, 5.00% (a)(f)	239,736		1,908
INFORMATION TECHNOLOGY - 0.5%
Internet Software & Services - 0.4%
Uber Technologies, Inc. Series D, 8.00% (f)	162,572		5,417
IT Services - 0.1%
AppNexus, Inc. Series E (f)	48,212		1,378
TOTAL INFORMATION TECHNOLOGY			6,795
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $4,596)		8,703

U.S. Treasury Obligations - 0.0%
	Principal Amount (000s)	Value (000s)
U.S. Treasury Bills, yield at date of purchase 0.01% to 0.02% 4/16/15 to 5/14/15 (e) (Cost $530)	$ 530	$ 530

Money Market Funds - 4.1%
	Shares
Fidelity Cash Central Fund, 0.14% (b)	33,947,671		33,948
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	18,433,533		18,434
TOTAL MONEY MARKET FUNDS (Cost $52,382)		52,382
TOTAL INVESTMENT PORTFOLIO - 101.4% (Cost $982,766)			1,310,815
NET OTHER ASSETS (LIABILITIES) - (1.4)%			(17,880)
NET ASSETS - 100%		$ 1,292,935

Futures Contracts
	Expiration Date	Underlying Face Amount at Value (000s)	Unrealized Appreciation/ (Depreciation) (000s)
Purchased
Equity Index Contracts
168 ICE Russell 1000 Growth Index Contracts (United States)	June 2015	$ 16,672	$ 62
12 ICE Russell 2000 Index Contracts (United States)	June 2015	1,499	21
TOTAL EQUITY INDEX CONTRACTS		$ 18,171	$ 83

The face value of futures purchased as a percentage of net assets is 1.4%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(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 $530,000.

(f) Restricted securities - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $9,156,000 or 0.7% of net assets.

Additional information on each restricted holding is as follows:

Security	Acquisition Date	Acquisition Cost (000s)
AppNexus, Inc. Series E	8/1/14	$ 966
Blu Homes, Inc. Series A, 5.00%	6/21/13	$ 1,108
NJOY, Inc.	9/11/13	$ 454
Uber Technologies, Inc. Series D, 8.00%	6/6/14	$ 2,522

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned (Amounts in thousands)
Fidelity Cash Central Fund	$ 45
Fidelity Securities Lending Cash Central Fund	777
Total	$ 822

Other Information

Valuation Inputs at Reporting Date:
Description (Amounts in thousands)	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 184,952	$ 182,591	$ -	$ 2,361
Consumer Staples	97,776	97,776	-	-
Energy	20,033	20,033	-	-
Financials	119,964	118,974	990	-
Health Care	259,687	232,179	27,508	-
Industrials	154,293	154,293	-	-
Information Technology	404,871	398,076	-	6,795
Materials	16,327	16,327	-	-
U.S. Government and Government Agency Obligations	530	-	530	-
Money Market Funds	52,382	52,382	-	-
Total Investments in Securities:	$ 1,310,815	$ 1,272,631	$ 29,028	$ 9,156
Derivative Instruments:
Assets
Futures Contracts	$ 83	$ 83	$ -	$ -

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $984,577,000. Net unrealized appreciation aggregated $326,238,000, of which $349,697,000 related to appreciated investment securities and $23,459,000 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fidelity Management & Research Company (FMR) Fair Value Committee (the Committee). In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Fifty

March 31, 2015

1.799847.111

FIF-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 98.4%
	Shares		Value
CONSUMER DISCRETIONARY - 9.7%
Automobiles - 1.9%
Ford Motor Co.	493,000		$ 7,957,020
General Motors Co.	160,000		6,000,000
			13,957,020
Household Durables - 1.7%
PulteGroup, Inc.	113,000		2,511,990
Whirlpool Corp.	49,000		9,900,940
			12,412,930
Internet & Catalog Retail - 1.5%
Amazon.com, Inc. (a)	30,000		11,163,000
Media - 1.5%
The Walt Disney Co.	110,000		11,537,900
Specialty Retail - 3.1%
Home Depot, Inc.	89,000		10,111,290
Ross Stores, Inc.	125,000		13,170,000
			23,281,290
TOTAL CONSUMER DISCRETIONARY			72,352,140
CONSUMER STAPLES - 9.2%
Beverages - 2.6%
Anheuser-Busch InBev SA NV ADR (d)	70,000		8,533,700
Constellation Brands, Inc. Class A (sub. vtg.) (a)	98,000		11,388,580
			19,922,280
Food & Staples Retailing - 6.6%
CVS Health Corp.	399,000		41,180,790
Walgreens Boots Alliance, Inc.	95,800		8,112,344
			49,293,134
TOTAL CONSUMER STAPLES			69,215,414
ENERGY - 4.0%
Oil, Gas & Consumable Fuels - 4.0%
Cabot Oil & Gas Corp.	59,300		1,751,129
Denbury Resources, Inc. (d)	1,078,400		7,861,536
Marathon Petroleum Corp.	195,000		19,966,050
			29,578,715
Common Stocks - continued
	Shares		Value
FINANCIALS - 15.4%
Banks - 2.3%
Wells Fargo & Co.	314,000		$ 17,081,600
Capital Markets - 4.9%
Ameriprise Financial, Inc.	279,200		36,530,528
Diversified Financial Services - 8.2%
McGraw Hill Financial, Inc.	469,000		48,494,599
Moody's Corp.	128,000		13,286,400
			61,780,999
TOTAL FINANCIALS			115,393,127
HEALTH CARE - 28.3%
Biotechnology - 13.4%
Amgen, Inc.	101,000		16,144,850
Biogen, Inc. (a)	35,000		14,778,400
Celgene Corp. (a)	166,000		19,136,480
Gilead Sciences, Inc. (a)	361,000		35,424,930
Intercept Pharmaceuticals, Inc. (a)(d)	36,077		10,174,436
Intrexon Corp. (a)	100,000		4,537,000
			100,196,096
Health Care Equipment & Supplies - 4.5%
Medtronic PLC	238,000		18,561,620
The Cooper Companies, Inc.	80,327		15,054,886
			33,616,506
Health Care Providers & Services - 3.1%
UnitedHealth Group, Inc.	196,000		23,184,840
Life Sciences Tools & Services - 0.1%
Illumina, Inc. (a)	4,700		872,508
Pharmaceuticals - 7.2%
Actavis PLC (a)	123,220		36,672,736
Prestige Brands Holdings, Inc. (a)	406,000		17,413,340
			54,086,076
TOTAL HEALTH CARE			211,956,026
INDUSTRIALS - 3.5%
Airlines - 3.5%
American Airlines Group, Inc.	262,000		13,828,360
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Airlines - continued
Delta Air Lines, Inc.	73,000		$ 3,282,080
Spirit Airlines, Inc. (a)	112,807		8,726,750
			25,837,190
INFORMATION TECHNOLOGY - 24.0%
Electronic Equipment & Components - 5.0%
TE Connectivity Ltd.	138,000		9,883,560
Zebra Technologies Corp. Class A (a)	300,000		27,214,500
			37,098,060
Internet Software & Services - 5.7%
Alibaba Group Holding Ltd. sponsored ADR	4,100		341,284
Facebook, Inc. Class A (a)	181,400		14,913,801
Google, Inc. Class A (a)	33,200		18,416,040
Twitter, Inc. (a)	181,000		9,064,480
			42,735,605
IT Services - 2.8%
MasterCard, Inc. Class A	109,000		9,416,510
Visa, Inc. Class A	179,000		11,708,390
			21,124,900
Semiconductors & Semiconductor Equipment - 3.4%
NXP Semiconductors NV (a)	204,000		20,473,440
Skyworks Solutions, Inc.	49,000		4,816,210
			25,289,650
Software - 7.1%
Adobe Systems, Inc. (a)	514,025		38,007,009
Intuit, Inc.	156,000		15,125,760
			53,132,769
TOTAL INFORMATION TECHNOLOGY			179,380,984
MATERIALS - 0.6%
Chemicals - 0.6%
Ecolab, Inc.	40,000		4,575,200
UTILITIES - 3.7%
Independent Power and Renewable Electricity Producers - 1.1%
Dynegy, Inc. (a)	272,484		8,564,172
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Multi-Utilities - 2.6%
NiSource, Inc.	433,000		$ 19,121,280
TOTAL UTILITIES			27,685,452
TOTAL COMMON STOCKS (Cost $661,694,907)		735,974,248
Nonconvertible Preferred Stocks - 0.9%

CONSUMER DISCRETIONARY - 0.9%
Automobiles - 0.9%
Volkswagen AG (Cost $6,402,064)	25,000		6,662,518
Money Market Funds - 3.0%

Fidelity Cash Central Fund, 0.14% (b)	7,528,859		7,528,859
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	14,849,525		14,849,525
TOTAL MONEY MARKET FUNDS (Cost $22,378,384)		22,378,384
TOTAL INVESTMENT PORTFOLIO - 102.3% (Cost $690,475,355)			765,015,150
NET OTHER ASSETS (LIABILITIES) - (2.3)%			(16,989,588)
NET ASSETS - 100%		$ 748,025,562

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 17,818
Fidelity Securities Lending Cash Central Fund	5,190
Total	$ 23,008

Other Information

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, please refer to the Investment Valuation section at the end of this listing.

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $691,145,030. Net unrealized appreciation aggregated $73,870,120, of which $82,228,522 related to appreciated investment securities and $8,358,402 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fidelity Management & Research Company (FMR) Fair Value Committee (the Committee). In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Quarterly Report

Quarterly Holdings Report

for

Fidelity ® Series Growth
& Income Fund

March 31, 2015

1.951036.102

MHT-QTLY-0515

Investments March 31, 2015 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 98.3%
	Shares		Value
CONSUMER DISCRETIONARY - 10.2%
Automobiles - 0.1%
Harley-Davidson, Inc.	163,274		$ 9,917,263
Diversified Consumer Services - 0.4%
H&R Block, Inc.	1,121,675		35,972,117
Hotels, Restaurants & Leisure - 1.4%
Darden Restaurants, Inc.	185,455		12,859,450
Domino's Pizza, Inc.	62,400		6,274,320
Interval Leisure Group, Inc.	300,700		7,881,347
Las Vegas Sands Corp.	507,000		27,905,280
Yum! Brands, Inc.	999,555		78,684,970
			133,605,367
Household Durables - 0.3%
Tupperware Brands Corp.	372,800		25,730,656
Leisure Products - 0.0%
Mattel, Inc.	179,000		4,090,150
Media - 4.1%
Comcast Corp. Class A (special) (non-vtg.)	3,249,800		182,200,037
Scripps Networks Interactive, Inc. Class A	247,314		16,955,848
Sinclair Broadcast Group, Inc. Class A (e)	1,186,223		37,259,264
Time Warner, Inc.	1,334,277		112,666,350
Viacom, Inc. Class B (non-vtg.)	577,200		39,422,760
			388,504,259
Multiline Retail - 2.3%
Target Corp.	2,692,675		220,987,837
Specialty Retail - 1.5%
Lowe's Companies, Inc.	1,639,400		121,954,966
Sally Beauty Holdings, Inc. (a)	610,800		20,993,196
			142,948,162
Textiles, Apparel & Luxury Goods - 0.1%
adidas AG	56,895		4,508,085
Japan Tobacco, Inc.	59,600		1,884,246
			6,392,331
TOTAL CONSUMER DISCRETIONARY			968,148,142
CONSUMER STAPLES - 10.3%
Beverages - 3.0%
Diageo PLC	1,827,526		50,502,469
Molson Coors Brewing Co. Class B	148,900		11,085,605
PepsiCo, Inc.	588,200		56,243,684
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Beverages - continued
SABMiller PLC	612,613		$ 32,169,754
The Coca-Cola Co.	3,265,118		132,400,535
			282,402,047
Food & Staples Retailing - 1.1%
CVS Health Corp.	674,200		69,584,182
Walgreens Boots Alliance, Inc.	433,493		36,708,187
			106,292,369
Food Products - 0.3%
Kellogg Co.	450,273		29,695,504
Household Products - 1.9%
Procter & Gamble Co.	2,241,000		183,627,540
Personal Products - 0.3%
Estee Lauder Companies, Inc. Class A	195,200		16,232,832
Nu Skin Enterprises, Inc. Class A	155,700		9,374,697
			25,607,529
Tobacco - 3.7%
British American Tobacco PLC sponsored ADR	1,060,359		110,033,453
Lorillard, Inc.	1,794,365		117,261,753
Philip Morris International, Inc.	1,046,966		78,867,949
Reynolds American, Inc.	689,800		47,534,118
			353,697,273
TOTAL CONSUMER STAPLES			981,322,262
ENERGY - 9.1%
Energy Equipment & Services - 1.2%
Ensco PLC Class A	1,603,700		33,789,959
Helmerich & Payne, Inc.	62,700		4,267,989
Oceaneering International, Inc.	779,600		42,043,828
Schlumberger Ltd.	390,307		32,567,216
			112,668,992
Oil, Gas & Consumable Fuels - 7.9%
Apache Corp.	833,741		50,299,595
BG Group PLC	5,530,650		67,881,749
Chevron Corp.	1,880,535		197,418,564
EQT Midstream Partners LP	169,200		13,140,072
Foresight Energy LP	151,800		2,366,562
Golar LNG Ltd.	620,300		20,643,584
Imperial Oil Ltd.	1,592,500		63,559,177
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Kinder Morgan, Inc.	655,900		$ 27,587,154
Legacy Reserves LP	363,900		3,682,668
Markwest Energy Partners LP	1,263,468		83,515,235
Peabody Energy Corp. (e)	449,187		2,210,000
PrairieSky Royalty Ltd.	574,100		13,543,964
Suncor Energy, Inc.	4,481,200		130,945,649
The Williams Companies, Inc.	1,262,457		63,867,700
Williams Partners LP	144,386		7,106,679
			747,768,352
TOTAL ENERGY			860,437,344
FINANCIALS - 21.2%
Banks - 14.0%
Bank of America Corp.	14,113,805		217,211,459
Citigroup, Inc.	4,397,083		226,537,716
Comerica, Inc.	622,400		28,088,912
Commerce Bancshares, Inc.	196,400		8,311,648
Fifth Third Bancorp	917,800		17,300,530
First Republic Bank	82,800		4,727,052
FirstMerit Corp.	667,500		12,722,550
Intesa Sanpaolo SpA	595,500		2,021,129
JPMorgan Chase & Co.	6,582,054		398,740,831
M&T Bank Corp.	140,800		17,881,600
PNC Financial Services Group, Inc.	694,124		64,720,122
Regions Financial Corp.	3,385,100		31,989,195
Standard Chartered PLC (United Kingdom)	3,320,897		53,868,200
SunTrust Banks, Inc.	2,172,500		89,268,025
U.S. Bancorp	1,796,939		78,472,326
UMB Financial Corp.	129,000		6,822,810
Wells Fargo & Co.	1,276,599		69,446,986
			1,328,131,091
Capital Markets - 5.1%
Artisan Partners Asset Management, Inc.	101,900		4,632,374
Carlyle Group LP	490,500		13,292,550
Charles Schwab Corp.	2,036,581		61,993,526
Greenhill & Co., Inc.	76,900		3,049,085
Invesco Ltd.	136,400		5,413,716
KKR & Co. LP	2,338,362		53,338,037
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
Morgan Stanley	1,671,300		$ 59,648,697
Northern Trust Corp.	819,251		57,060,832
Oaktree Capital Group LLC Class A	282,600		14,599,116
State Street Corp.	1,912,936		140,658,184
The Blackstone Group LP	1,169,100		45,466,299
TPG Specialty Lending, Inc.	1,243,200		21,395,472
			480,547,888
Consumer Finance - 0.1%
Discover Financial Services	129,500		7,297,325
Diversified Financial Services - 0.2%
IntercontinentalExchange Group, Inc.	81,525		19,017,337
Insurance - 1.2%
Brown & Brown, Inc.	205,500		6,804,105
Marsh & McLennan Companies, Inc.	382,807		21,471,645
MetLife, Inc.	1,419,787		71,770,233
Principal Financial Group, Inc.	311,600		16,006,892
			116,052,875
Real Estate Investment Trusts - 0.4%
First Potomac Realty Trust	236,931		2,817,110
Lamar Advertising Co. Class A	131,200		7,776,224
Sabra Health Care REIT, Inc.	199,200		6,603,480
Sun Communities, Inc.	152,781		10,193,548
WP Carey, Inc.	167,500		11,390,000
			38,780,362
Thrifts & Mortgage Finance - 0.2%
MGIC Investment Corp. (a)	689,400		6,638,922
Radian Group, Inc.	996,164		16,725,594
			23,364,516
TOTAL FINANCIALS			2,013,191,394
HEALTH CARE - 9.3%
Biotechnology - 1.5%
Amgen, Inc.	803,319		128,410,542
Intercept Pharmaceuticals, Inc. (a)	45,200		12,747,304
			141,157,846
Health Care Equipment & Supplies - 1.3%
Abbott Laboratories	551,849		25,567,164
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Ansell Ltd.	354,030		$ 7,428,773
Medtronic PLC	566,736		44,199,741
St. Jude Medical, Inc.	151,500		9,908,100
Zimmer Holdings, Inc.	315,100		37,030,552
			124,134,330
Health Care Providers & Services - 1.8%
Cardinal Health, Inc.	336,100		30,339,747
Express Scripts Holding Co. (a)	193,100		16,755,287
McKesson Corp.	391,247		88,500,071
Patterson Companies, Inc.	480,960		23,466,038
Quest Diagnostics, Inc.	80,118		6,157,068
			165,218,211
Pharmaceuticals - 4.7%
AbbVie, Inc.	65,700		3,846,078
Astellas Pharma, Inc.	1,007,000		16,499,595
GlaxoSmithKline PLC sponsored ADR	2,706,500		124,904,975
Johnson & Johnson	1,572,670		158,210,602
Novartis AG sponsored ADR	310,130		30,581,919
Teva Pharmaceutical Industries Ltd. sponsored ADR	1,565,984		97,560,803
Theravance, Inc. (e)	1,049,400		16,496,568
			448,100,540
TOTAL HEALTH CARE			878,610,927
INDUSTRIALS - 12.8%
Aerospace & Defense - 2.6%
Meggitt PLC	4,266,700		34,715,787
Rolls-Royce Group PLC	1,259,250		17,801,768
The Boeing Co.	841,441		126,283,465
United Technologies Corp.	596,500		69,909,800
			248,710,820
Air Freight & Logistics - 1.8%
C.H. Robinson Worldwide, Inc.	296,747		21,727,815
FedEx Corp.	98,300		16,263,735
PostNL NV (a)	3,545,100		15,102,624
United Parcel Service, Inc. Class B	1,241,345		120,335,984
			173,430,158
Airlines - 0.2%
Copa Holdings SA Class A	202,600		20,456,522
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Building Products - 0.1%
Lennox International, Inc.	104,000		$ 11,615,760
Commercial Services & Supplies - 0.9%
ADT Corp. (e)	1,330,600		55,246,512
KAR Auction Services, Inc.	708,585		26,876,629
			82,123,141
Electrical Equipment - 0.5%
Emerson Electric Co.	214,400		12,139,328
Hubbell, Inc. Class B	353,803		38,783,885
			50,923,213
Industrial Conglomerates - 3.1%
General Electric Co.	11,866,356		294,404,292
Machinery - 0.8%
Deere & Co.	414,500		36,347,505
Donaldson Co., Inc.	271,400		10,234,494
IMI PLC	712,400		13,473,870
Joy Global, Inc.	112,400		4,403,832
Valmont Industries, Inc. (e)	59,000		7,249,920
Xylem, Inc.	93,100		3,260,362
			74,969,983
Professional Services - 0.1%
Acacia Research Corp.	536,945		5,745,312
Road & Rail - 2.1%
CSX Corp.	2,740,208		90,755,689
J.B. Hunt Transport Services, Inc.	737,688		62,994,867
Kansas City Southern	120,300		12,280,224
Norfolk Southern Corp.	309,034		31,805,779
			197,836,559
Trading Companies & Distributors - 0.6%
Watsco, Inc.	409,947		51,530,338
TOTAL INDUSTRIALS			1,211,746,098
INFORMATION TECHNOLOGY - 20.3%
Communications Equipment - 3.0%
Cisco Systems, Inc.	5,575,433		153,463,793
QUALCOMM, Inc.	1,948,400		135,102,056
			288,565,849
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - 3.2%
Google, Inc.:
Class A (a)	237,909		$ 131,968,122
Class C (a)	206,409		113,112,132
Yahoo!, Inc. (a)	1,316,142		58,482,770
			303,563,024
IT Services - 5.6%
Cognizant Technology Solutions Corp. Class A (a)	807,018		50,349,853
Fidelity National Information Services, Inc.	307,900		20,955,674
IBM Corp.	537,094		86,203,587
Leidos Holdings, Inc.	71,700		3,008,532
MasterCard, Inc. Class A	1,187,600		102,596,764
Paychex, Inc.	2,403,229		119,236,207
The Western Union Co.	1,360,400		28,309,924
Unisys Corp. (a)	547,200		12,700,512
Visa, Inc. Class A	1,692,400		110,699,884
			534,060,937
Semiconductors & Semiconductor Equipment - 1.1%
Applied Materials, Inc.	577,900		13,037,424
Broadcom Corp. Class A	1,464,060		63,386,478
Maxim Integrated Products, Inc.	550,200		19,152,462
Xilinx, Inc.	100,400		4,246,920
			99,823,284
Software - 3.4%
Microsoft Corp.	6,416,917		260,879,761
Oracle Corp.	1,505,069		64,943,727
			325,823,488
Technology Hardware, Storage & Peripherals - 4.0%
Apple, Inc.	2,792,760		347,503,127
EMC Corp.	186,380		4,763,873
First Data Holdings, Inc. Class B (h)	6,283,849		27,963,128
			380,230,128
TOTAL INFORMATION TECHNOLOGY			1,932,066,710
MATERIALS - 3.4%
Chemicals - 2.9%
Airgas, Inc.	547,332		58,077,399
E.I. du Pont de Nemours & Co.	422,831		30,219,732
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
FMC Corp.	302,780		$ 17,334,155
LyondellBasell Industries NV Class A	114,700		10,070,660
Methanex Corp. (e)	252,500		13,518,633
Monsanto Co.	762,221		85,780,351
Potash Corp. of Saskatchewan, Inc.	395,100		12,736,910
Syngenta AG (Switzerland)	113,166		38,445,728
Tronox Ltd. Class A	315,393		6,411,940
			272,595,508
Metals & Mining - 0.4%
Freeport-McMoRan, Inc.	2,018,800		38,256,260
SunCoke Energy Partners LP	135,200		2,878,408
			41,134,668
Paper & Forest Products - 0.1%
Domtar Corp.	145,600		6,729,632
TOTAL MATERIALS			320,459,808
TELECOMMUNICATION SERVICES - 1.7%
Diversified Telecommunication Services - 1.7%
TDC A/S	756,600		5,422,446
Verizon Communications, Inc.	3,156,623		153,506,576
			158,929,022
UTILITIES - 0.0%
Electric Utilities - 0.0%
Southern Co.	108,000		4,782,240
TOTAL COMMON STOCKS (Cost $8,294,971,555)		9,329,693,947
Convertible Preferred Stocks - 0.8%

CONSUMER DISCRETIONARY - 0.0%
Leisure Products - 0.0%
NJOY, Inc. Series D (a)(h)	81,101		654,485
Convertible Preferred Stocks - continued
	Shares		Value
HEALTH CARE - 0.8%
Health Care Equipment & Supplies - 0.8%
Alere, Inc. 3.00%	214,525		$ 71,329,563
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $66,937,646)		71,984,048

Convertible Bonds - 0.2%
		Principal Amount (d)
CONSUMER DISCRETIONARY - 0.0%
Automobiles - 0.0%
Tesla Motors, Inc. 1.25% 3/1/21		$ 4,360,000		3,651,500
ENERGY - 0.1%
Oil, Gas & Consumable Fuels - 0.1%
Amyris, Inc. 5% 10/15/18 (h)		2,470,306		2,014,806
Peabody Energy Corp. 4.75% 12/15/41		13,140,000		4,640,063
				6,654,869
INFORMATION TECHNOLOGY - 0.1%
Internet Software & Services - 0.1%
Twitter, Inc. 0.25% 9/15/19 (f)		6,430,000		6,313,456
TOTAL CONVERTIBLE BONDS (Cost $22,785,852)			16,619,825
Preferred Securities - 0.0%
FINANCIALS - 0.0%
Diversified Financial Services - 0.0%
Baggot Securities Ltd. 10.24% (f)(g) (Cost $5,175,497)	EUR	3,370,000		$ 3,849,492

Money Market Funds - 1.4%
	Shares		Value
Fidelity Cash Central Fund, 0.14% (b)	66,783,608		$ 66,783,608
Fidelity Securities Lending Cash Central Fund, 0.15% (b)(c)	68,393,915		68,393,915
TOTAL MONEY MARKET FUNDS (Cost $135,177,523)		135,177,523
TOTAL INVESTMENT PORTFOLIO - 100.7% (Cost $8,525,048,073)			9,557,324,835
NET OTHER ASSETS (LIABILITIES) - (0.7)%			(66,150,286)
NET ASSETS - 100%		$ 9,491,174,549

Currency Abbreviations
EUR	-	European Monetary Unit

Legend

(a) Non-income producing

(d) Amount is stated in United States dollars unless otherwise noted.

(e) Security or a portion of the security is on loan at period end.

(g) Security is perpetual in nature with no stated maturity date.

Additional information on each restricted holding is as follows:

Security	Acquisition Date	Acquisition Cost
Amyris, Inc. 5% 10/15/18	10/16/13 - 10/15/14	$ 2,470,306
First Data Holdings, Inc. Class B	6/26/14	$ 25,135,396
NJOY, Inc. Series D	2/14/14	$ 1,372,724

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 48,748
Fidelity Securities Lending Cash Central Fund	527,814
Total	$ 576,562

Other Information

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 968,802,627	$ 966,263,896	$ 1,884,246	$ 654,485
Consumer Staples	981,322,262	930,819,793	50,502,469	-
Energy	860,437,344	792,555,595	67,881,749	-
Financials	2,013,191,394	2,011,170,265	2,021,129	-
Health Care	949,940,490	933,440,895	16,499,595	-
Industrials	1,211,746,098	1,211,746,098	-	-
Information Technology	1,932,066,710	1,904,103,582	-	27,963,128
Materials	320,459,808	282,014,080	38,445,728	-
Telecommunication Services	158,929,022	158,929,022	-	-
Utilities	4,782,240	4,782,240	-	-
Corporate Bonds	16,619,825	-	16,619,825	-
Preferred Securities	3,849,492	-	3,849,492	-
Money Market Funds	135,177,523	135,177,523	-	-
Total Investments in Securities:	$ 9,557,324,835	$ 9,331,002,989	$ 197,704,233	$ 28,617,613

Income Tax Information

At March 31, 2015, the cost of investment securities for income tax purposes was $8,542,142,591. Net unrealized appreciation aggregated $1,015,182,244, of which $1,351,571,305 related to appreciated investment securities and $336,389,061 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fidelity Management & Research Company (FMR) Fair Value Committee (the Committee). In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Quarterly Report

Item 2. Controls and Procedures

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Hastings Street Trust's (the "Trust") disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(a)(ii) There was no change in the Trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the Trust's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 3. Exhibits

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fidelity Hastings Street Trust

By:	/s/Kenneth B. Robins
	Kenneth B. Robins
	President and Treasurer

Date:	June 1, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/Kenneth B. Robins
	Kenneth B. Robins
	President and Treasurer

Date:	June 1, 2015

By:	/s/Howard J. Galligan III
	Howard J. Galligan III
	Chief Financial Officer

Date:	June 1, 2015