0001752724-20-103159.txt : 20200526 0001752724-20-103159.hdr.sgml : 20200526 20200526150132 ACCESSION NUMBER: 0001752724-20-103159 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200526 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: 20909935 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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COMCAST CORP NEW 51M0QTTNCGUN7KFCFZ59 COMCAST CORP CL A 20030N101 1341800.00000000 NS USD 46131084.00000000 3.779216381377 Long EC CORP US N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 CVS HEALTH CORP 126650100 232300.00000000 NS USD 13782359.00000000 1.129098048223 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 EXXON MOBIL CORP 30231G102 1373100.00000000 NS USD 52136607.00000000 4.271209391997 Long EC CORP US N 1 N N N WORKDAY INC 549300J0DYC0N31V7G13 WORKDAY INC CL A 98138H101 3300.00000000 NS USD 429726.00000000 0.035204625555 Long EC CORP US N 1 N N N LOWES COS INC WAFCR4OKGSC504WU3E95 LOWES COS INC 548661107 86200.00000000 NS USD 7417510.00000000 0.607667821138 Long EC CORP US N 1 N N N MEDTRONIC PLC 549300GX3ZBSQWUXY261 MEDTRONIC PLC N/A 65113.00000000 NS USD 5871890.34000000 0.481045365475 Long EC CORP IE N 1 N N N 2020-04-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_361_20200331.htm

Quarterly Holdings Report
for

Fidelity® Mega Cap Stock Fund

March 31, 2020







GII-QTLY-0520
1.799848.116





Schedule of Investments March 31, 2020 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 97.0%   
 Shares Value 
COMMUNICATION SERVICES - 9.1%   
Diversified Telecommunication Services - 1.9%   
Verizon Communications, Inc. 429,225 $23,062,259 
Entertainment - 3.1%   
Activision Blizzard, Inc. 179,800 10,694,504 
Electronic Arts, Inc. (a) 84,400 8,454,348 
The Walt Disney Co. 45,300 4,375,980 
Vivendi SA 698,700 14,772,891 
  38,297,723 
Interactive Media & Services - 0.3%   
Match Group, Inc. (a)(b) 50,500 3,335,020 
Media - 3.8%   
Comcast Corp. Class A 1,341,800 46,131,084 
TOTAL COMMUNICATION SERVICES  110,826,086 
CONSUMER DISCRETIONARY - 3.9%   
Hotels, Restaurants & Leisure - 0.3%   
Starbucks Corp. 50,900 3,346,166 
Internet & Direct Marketing Retail - 1.8%   
The Booking Holdings, Inc. (a) 16,400 22,063,248 
Specialty Retail - 0.6%   
Lowe's Companies, Inc. 86,200 7,417,510 
Textiles, Apparel & Luxury Goods - 1.2%   
LVMH Moet Hennessy Louis Vuitton SE ADR 32,400 2,410,884 
NIKE, Inc. Class B 145,400 12,030,396 
  14,441,280 
TOTAL CONSUMER DISCRETIONARY  47,268,204 
CONSUMER STAPLES - 6.9%   
Beverages - 1.9%   
Diageo PLC 468,700 14,862,254 
The Coca-Cola Co. 178,300 7,889,775 
  22,752,029 
Food & Staples Retailing - 1.9%   
Walmart, Inc. 209,300 23,780,666 
Food Products - 1.0%   
Nestle SA sponsored ADR 116,900 12,039,531 
Tobacco - 2.1%   
Altria Group, Inc. 661,105 25,564,930 
TOTAL CONSUMER STAPLES  84,137,156 
ENERGY - 7.7%   
Oil, Gas & Consumable Fuels - 7.7%   
Cenovus Energy, Inc. (Canada) 1,901,000 3,836,311 
Equinor ASA sponsored ADR 1,315,800 16,026,444 
Exxon Mobil Corp. 1,388,900 52,736,533 
Hess Corp. 471,400 15,697,620 
Total SA sponsored ADR 159,100 5,924,884 
  94,221,792 
FINANCIALS - 13.5%   
Banks - 11.3%   
Bank of America Corp. 2,047,200 43,462,056 
JPMorgan Chase & Co. 389,100 35,030,673 
PNC Financial Services Group, Inc. 126,300 12,089,436 
U.S. Bancorp 273,400 9,418,630 
Wells Fargo & Co. 1,324,230 38,005,401 
  138,006,196 
Capital Markets - 0.5%   
State Street Corp. 123,200 6,562,864 
Diversified Financial Services - 1.7%   
Berkshire Hathaway, Inc. Class B (a) 111,000 20,294,130 
TOTAL FINANCIALS  164,863,190 
HEALTH CARE - 18.7%   
Biotechnology - 0.3%   
AbbVie, Inc. 50,100 3,817,119 
Health Care Equipment & Supplies - 1.7%   
Becton, Dickinson & Co. 5,700 1,309,689 
Boston Scientific Corp. (a) 357,300 11,658,699 
Intuitive Surgical, Inc. (a) 1,500 742,815 
Medtronic PLC 74,613 6,728,600 
  20,439,803 
Health Care Providers & Services - 6.1%   
Anthem, Inc. 7,582 1,721,417 
Cigna Corp. 114,100 20,216,238 
CVS Health Corp. 232,300 13,782,359 
McKesson Corp. 62,800 8,494,328 
UnitedHealth Group, Inc. 119,300 29,751,034 
  73,965,376 
Pharmaceuticals - 10.6%   
Bayer AG 431,826 24,742,982 
Bristol-Myers Squibb Co. 561,400 31,292,436 
GlaxoSmithKline PLC sponsored ADR 455,200 17,247,528 
Johnson & Johnson 325,300 42,656,589 
Roche Holding AG (participation certificate) 25,960 8,352,423 
Sanofi SA sponsored ADR 126,900 5,548,068 
  129,840,026 
TOTAL HEALTH CARE  228,062,324 
INDUSTRIALS - 13.6%   
Aerospace & Defense - 2.1%   
General Dynamics Corp. 15,400 2,037,574 
Safran SA 21,800 1,931,418 
The Boeing Co. 54,800 8,172,872 
United Technologies Corp. 139,300 13,140,169 
  25,282,033 
Air Freight & Logistics - 2.8%   
FedEx Corp. 56,000 6,790,560 
United Parcel Service, Inc. Class B 288,010 26,905,894 
  33,696,454 
Industrial Conglomerates - 6.4%   
General Electric Co. 9,899,800 78,604,412 
Machinery - 0.6%   
Caterpillar, Inc. 60,500 7,020,420 
Professional Services - 1.7%   
RELX PLC (London Stock Exchange) 986,663 21,057,793 
TOTAL INDUSTRIALS  165,661,112 
INFORMATION TECHNOLOGY - 22.1%   
Communications Equipment - 0.2%   
Cisco Systems, Inc. 59,490 2,338,552 
IT Services - 3.1%   
MasterCard, Inc. Class A 26,300 6,353,028 
Visa, Inc. Class A 193,600 31,192,832 
  37,545,860 
Semiconductors & Semiconductor Equipment - 3.2%   
Applied Materials, Inc. 100,700 4,614,074 
ASML Holding NV 9,800 2,564,072 
Qualcomm, Inc. 359,500 24,320,175 
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR 163,100 7,794,549 
  39,292,870 
Software - 10.0%   
Autodesk, Inc. (a) 59,500 9,287,950 
Microsoft Corp. 620,090 97,794,395 
SAP SE sponsored ADR (b) 136,420 15,074,410 
Workday, Inc. Class A (a) 3,300 429,726 
  122,586,481 
Technology Hardware, Storage & Peripherals - 5.6%   
Apple, Inc. 249,207 63,370,848 
HP, Inc. 285,200 4,951,072 
  68,321,920 
TOTAL INFORMATION TECHNOLOGY  270,085,683 
MATERIALS - 1.5%   
Chemicals - 0.2%   
DuPont de Nemours, Inc. 94,100 3,208,810 
Metals & Mining - 1.3%   
BHP Billiton Ltd. sponsored ADR (b) 425,900 15,626,271 
TOTAL MATERIALS  18,835,081 
TOTAL COMMON STOCKS   
(Cost $1,067,380,484)  1,183,960,628 
Convertible Preferred Stocks - 0.2%   
HEALTH CARE - 0.2%   
Health Care Equipment & Supplies - 0.2%   
Becton, Dickinson & Co. Series A, 6.125%   
(Cost $2,178,184) 41,300 2,257,271 
Other - 0.3%   
Other - 0.3%   
Utica Shale Drilling Program (non-operating revenue interest) (c)(d)(e) 7,127,346 338,185 
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)  4,343,152 
Money Market Funds - 4.2%   
Fidelity Cash Central Fund 0.29% (f) 28,754,835 28,763,461 
Fidelity Securities Lending Cash Central Fund 0.28% (f)(g) 22,168,619 22,173,053 
TOTAL MONEY MARKET FUNDS   
(Cost $50,933,704)  50,936,514 
TOTAL INVESTMENT IN SECURITIES - 101.7%   
(Cost $1,129,735,841)  1,241,497,565 
NET OTHER ASSETS (LIABILITIES) - (1.7)%  (21,120,276) 
NET ASSETS - 100%  $1,220,377,289 

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 (including private placements) - 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 $4,343,152 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 $851,332 
Fidelity Securities Lending Cash Central Fund 216,755 
Total $1,068,087 

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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