0001752724-19-179082.txt : 20191126 0001752724-19-179082.hdr.sgml : 20191126 20191126122113 ACCESSION NUMBER: 0001752724-19-179082 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191126 PERIOD START: 20200630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY HASTINGS STREET TRUST CENTRAL INDEX KEY: 0000035348 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-00215 FILM NUMBER: 191249050 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FUND INC DATE OF NAME CHANGE: 19851205 0000035348 S000007022 Fidelity Mega Cap Stock Fund C000019194 Fidelity Mega Cap Stock 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Long EC CORP US N 1 N N N BERKSHIRE HATHAWAY INC DEL 5493000C01ZX7D35SD85 BERKSHIRE HATHAWAY INC CL B 084670702 235100.00000000 NS USD 48905502.00000000 2.641424799506 Long EC CORP US N 1 N N N THE BOOKING HOLDINGS INC FXM8FAOHMYDIPD38UZ17 THE BOOKING HOLDINGS INC 09857L108 13500.00000000 NS USD 26495235.00000000 1.431028574203 Long EC CORP US N 1 N N N HESS CORP UASVRYNXNK17ULIGK870 HESS CORP 42809H107 327700.00000000 NS USD 19819296.00000000 1.070455834665 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 7350.00000000 NS USD 8975379.00000000 0.484767310548 Long EC CORP US N 1 N N N ELECTRONIC ARTS INC 549300O7A67PUEYKDL45 ELECTRONIC ARTS INC 285512109 85400.00000000 NS USD 8353828.00000000 0.451196849998 Long EC CORP US N 1 N N N SAP SE 529900D6BF99LW9R2E68 SAP SE SPON ADR 803054204 146320.00000000 NS USD 17246738.40000000 0.931509966309 Long EC CORP DE N 1 N N N RELX PLC 549300WSX3VBUFFJOO66 RELX PLC N/A 562263.00000000 NS 13359961.39000000 0.721582069354 Long EC CORP GB N 1 N N N EQUINIX INC 549300EVUN2BTLJ3GT74 EQUINIX INC 29444U700 15000.00000000 NS USD 8652000.00000000 0.467301355281 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 MICROSOFT CORP 594918104 733090.00000000 NS USD 101921502.70000000 5.504860881190 Long EC CORP US N 1 N N N 2019-10-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_361_20190930.htm

Quarterly Holdings Report
for

Fidelity® Mega Cap Stock Fund

September 30, 2019







GII-QTLY-1119
1.808770.115





Schedule of Investments September 30, 2019 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 95.9%   
 Shares Value 
COMMUNICATION SERVICES - 10.9%   
Diversified Telecommunication Services - 1.9%   
Verizon Communications, Inc. 570,825 $34,454,997 
Entertainment - 3.5%   
Activision Blizzard, Inc. 147,200 7,789,824 
Electronic Arts, Inc. (a) 85,400 8,353,828 
The Walt Disney Co. 222,100 28,944,072 
Vivendi SA 720,600 19,776,824 
  64,864,548 
Interactive Media & Services - 1.3%   
Alphabet, Inc.:   
Class A (a) 7,350 8,975,379 
Class C (a) 6,726 8,198,994 
IAC/InterActiveCorp (a) 29,900 6,517,303 
  23,691,676 
Media - 4.2%   
Comcast Corp. Class A 1,702,200 76,735,176 
Fox Corp. Class A 40,400 1,274,014 
  78,009,190 
TOTAL COMMUNICATION SERVICES  201,020,411 
CONSUMER DISCRETIONARY - 2.4%   
Internet & Direct Marketing Retail - 1.4%   
The Booking Holdings, Inc. (a) 13,500 26,495,235 
Specialty Retail - 1.0%   
Lowe's Companies, Inc. 168,900 18,572,244 
TOTAL CONSUMER DISCRETIONARY  45,067,479 
CONSUMER STAPLES - 8.5%   
Beverages - 1.5%   
The Coca-Cola Co. 503,500 27,410,540 
Food & Staples Retailing - 2.3%   
Walmart, Inc. 357,000 42,368,760 
Food Products - 1.6%   
Nestle SA sponsored ADR 270,400 29,311,360 
Household Products - 1.3%   
Procter & Gamble Co. 194,400 24,179,472 
Tobacco - 1.8%   
Altria Group, Inc. 826,405 33,799,965 
TOTAL CONSUMER STAPLES  157,070,097 
ENERGY - 9.3%   
Oil, Gas & Consumable Fuels - 9.3%   
BP PLC sponsored ADR (b) 307,303 11,674,441 
Cenovus Energy, Inc. (Canada) 2,110,700 19,802,997 
Chevron Corp. 41,800 4,957,480 
Equinor ASA sponsored ADR 1,011,500 19,167,925 
Exxon Mobil Corp. 1,382,600 97,625,386 
Hess Corp. 327,700 19,819,296 
  173,047,525 
FINANCIALS - 18.9%   
Banks - 14.7%   
Bank of America Corp. 2,486,000 72,516,620 
Citigroup, Inc. 357,570 24,700,936 
JPMorgan Chase & Co. 514,500 60,551,505 
PNC Financial Services Group, Inc. 203,900 28,578,624 
U.S. Bancorp 390,300 21,599,202 
Wells Fargo & Co. 1,284,530 64,791,693 
  272,738,580 
Capital Markets - 1.2%   
Charles Schwab Corp. 149,795 6,265,925 
State Street Corp. 266,500 15,774,135 
  22,040,060 
Diversified Financial Services - 2.6%   
Berkshire Hathaway, Inc. Class B (a) 235,100 48,905,502 
Insurance - 0.4%   
Chubb Ltd. 30,900 4,988,496 
The Travelers Companies, Inc. 13,600 2,022,184 
  7,010,680 
TOTAL FINANCIALS  350,694,822 
HEALTH CARE - 16.8%   
Biotechnology - 0.9%   
AbbVie, Inc. 60,000 4,543,200 
Amgen, Inc. 58,100 11,242,931 
  15,786,131 
Health Care Equipment & Supplies - 1.2%   
Becton, Dickinson & Co. 12,000 3,035,520 
Boston Scientific Corp. (a) 220,300 8,964,007 
Medtronic PLC 88,013 9,559,972 
  21,559,499 
Health Care Providers & Services - 4.8%   
Anthem, Inc. 9,782 2,348,658 
Cigna Corp. 113,700 17,258,523 
CVS Health Corp. 539,900 34,051,493 
McKesson Corp. 124,100 16,959,506 
UnitedHealth Group, Inc. 88,100 19,145,892 
  89,764,072 
Pharmaceuticals - 9.9%   
Bayer AG 418,526 29,486,445 
Bristol-Myers Squibb Co. 900,300 45,654,213 
GlaxoSmithKline PLC sponsored ADR 792,500 33,823,900 
Johnson & Johnson 490,300 63,435,014 
Roche Holding AG (participation certificate) 36,910 10,746,889 
  183,146,461 
TOTAL HEALTH CARE  310,256,163 
INDUSTRIALS - 10.8%   
Aerospace & Defense - 1.8%   
General Dynamics Corp. 24,200 4,422,066 
The Boeing Co. 7,400 2,815,478 
United Technologies Corp. 192,700 26,307,404 
  33,544,948 
Air Freight & Logistics - 2.7%   
FedEx Corp. 58,400 8,501,288 
United Parcel Service, Inc. Class B 339,610 40,692,070 
  49,193,358 
Industrial Conglomerates - 5.5%   
General Electric Co. 11,335,700 101,341,158 
Professional Services - 0.7%   
RELX PLC (London Stock Exchange) 562,263 13,359,961 
Road & Rail - 0.1%   
Union Pacific Corp. 10,190 1,650,576 
TOTAL INDUSTRIALS  199,090,001 
INFORMATION TECHNOLOGY - 17.1%   
Communications Equipment - 0.2%   
Cisco Systems, Inc. 73,690 3,641,023 
IT Services - 2.9%   
MasterCard, Inc. Class A 39,900 10,835,643 
Visa, Inc. Class A 245,100 42,159,651 
  52,995,294 
Semiconductors & Semiconductor Equipment - 3.0%   
Applied Materials, Inc. 161,500 8,058,850 
Qualcomm, Inc. 537,000 40,962,360 
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR 140,900 6,549,032 
  55,570,242 
Software - 7.8%   
Microsoft Corp. 733,090 101,921,505 
Oracle Corp. 453,632 24,963,369 
SAP SE sponsored ADR 146,320 17,246,738 
  144,131,612 
Technology Hardware, Storage & Peripherals - 3.2%   
Apple, Inc. 269,207 60,294,292 
TOTAL INFORMATION TECHNOLOGY  316,632,463 
MATERIALS - 0.4%   
Metals & Mining - 0.4%   
BHP Billiton Ltd. sponsored ADR (b) 164,200 8,108,196 
REAL ESTATE - 0.7%   
Equity Real Estate Investment Trusts (REITs) - 0.7%   
American Tower Corp. 11,200 2,476,656 
Equinix, Inc. 15,000 8,652,000 
Simon Property Group, Inc. 7,600 1,182,940 
  12,311,596 
UTILITIES - 0.1%   
Electric Utilities - 0.1%   
Exelon Corp. 47,600 2,299,556 
TOTAL COMMON STOCKS   
(Cost $1,299,394,497)  1,775,598,309 
Convertible Preferred Stocks - 0.2%   
HEALTH CARE - 0.2%   
Health Care Equipment & Supplies - 0.2%   
Becton, Dickinson & Co. Series A, 6.125%   
(Cost $2,609,222) 49,400 3,054,896 
Other - 0.3%   
Other - 0.3%   
Utica Shale Drilling Program (non-operating revenue interest) (c)(d)(e) 7,127,346 735,820 
Utica Shale Drilling Program (non-operating revenue interest) 10% 10/5/23 (c)(d)(e) 6,161,487 4,004,967 
TOTAL OTHER   
(Cost $9,243,469)  4,740,787 
Money Market Funds - 3.8%   
Fidelity Cash Central Fund 1.96% (f) 66,724,519 66,737,863 
Fidelity Securities Lending Cash Central Fund 1.96% (f)(g) 4,520,789 4,521,241 
TOTAL MONEY MARKET FUNDS   
(Cost $71,257,408)  71,259,104 
TOTAL INVESTMENT IN SECURITIES - 100.2%   
(Cost $1,382,504,596)  1,854,653,096 
NET OTHER ASSETS (LIABILITIES) - (0.2)%  (4,112,139) 
NET ASSETS - 100%  $1,850,540,957 

Legend

 (a) Non-income producing

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

 (c) Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.

 (d) 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 $4,740,787 or 0.3% of net assets.

 (e) Level 3 security

 (f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (g) Investment made with cash collateral received from securities on loan.

Additional information on each restricted holding is as follows:

Security Acquisition Date Acquisition Cost 
Utica Shale Drilling Program (non-operating revenue interest) 10/5/16 - 9/1/17 $3,081,982 
Utica Shale Drilling Program (non-operating revenue interest) 10% 10/5/23 10/5/16 - 4/5/18 $6,161,487 

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 $464,855 
Fidelity Securities Lending Cash Central Fund 1,083 
Total $465,938 

Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. 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 Fair Value Committee (the Committee) established by the Fund's investment adviser. 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:

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. 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.

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 significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

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