0001752724-22-094142.txt : 20220427 0001752724-22-094142.hdr.sgml : 20220427 20220427121825 ACCESSION NUMBER: 0001752724-22-094142 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220228 FILED AS OF DATE: 20220427 PERIOD START: 20221130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY ADVISOR SERIES I CENTRAL INDEX KEY: 0000722574 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03785 FILM NUMBER: 22857966 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY ADVISOR SERIES 1 DATE OF NAME CHANGE: 19930706 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY BROAD STREET TRUST DATE OF NAME CHANGE: 19920820 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY ADVISOR EQUITY PORTFOLIO 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Long EC CORP US N 1 N N N DANAHER CORP S4BKK9OTCEWQ3YHPFM11 DANAHER CORP 235851102 6600.00000000 NS USD 1811106.00000000 0.243957069876 Long EC CORP US N 1 N N N CHICAGO BOARD OPTIONS EXCHANGE N/A CVS HEALTH CORP CALL 110 03/18/2022 N/A -89.00000000 NC USD -3293.00000000 -0.00044356908 N/A DE CORP US N 1 CHICAGO BOARD OPTIONS EXCHANGE N/A Call Written CVS HEALTH CORP CVS HEALTH CORP 100.00000000 110.00000000 USD 2022-03-18 XXXX 16112.63000000 N N N IMPERIAL OIL LTD 549300MO45LTBPAU4Z27 IMPERIAL OIL LTD 453038408 38100.00000000 NS 1710066.27000000 0.230346957341 Long EC CORP CA N 1 N N N WILLIAMS-SONOMA INC 549300IARG6YWVTZ1I92 WILLIAMS-SONOMA INC 969904101 1000.00000000 NS USD 144860.00000000 0.019512729316 Long EC CORP US N 1 N N N HNI CORP 549300SKRADLC4O5HV93 HNI CORP 404251100 9800.00000000 NS USD 398762.00000000 0.053713481760 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 4400.00000000 NS USD 202312.00000000 0.027251548347 Long EC CORP US N 1 N N N PUMA AG (RUDOLPH DASSLER SPORT 529900GRZ2BQY5ZM9N49 PUMA SE N/A 6644.00000000 NS 609284.60000000 0.082071002877 Long EC CORP DE N 2 N N N FUJIFILM HLDGS CORP 529900UBKMFM0ST6H474 FUJIFILM HOLDINGS CORP N/A 5200.00000000 NS 328468.66000000 0.044244926492 Long EC CORP JP N 1 N N N HUNTINGTON INGALLS INDUSTRIES INC 5TZLZ6WJTBVJ0QWBG121 HUNTINGTON INGALLS INDUSTRIES INC 446413106 9000.00000000 NS USD 1839600.00000000 0.247795228851 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 44400.00000000 NS USD 9117096.00000000 1.228078326691 Long EC CORP US N 1 N N N CHICAGO BOARD OPTIONS EXCHANGE N/A UNITED PARCEL SERVICE INC CL B CALL 230 03/18/2022 N/A -57.00000000 NC USD -2365.50000000 -0.00031863427 N/A DE CORP US N 1 CHICAGO BOARD OPTIONS EXCHANGE N/A Call Written UNITED PARCEL SERVICE INC UNITED PARCEL SERVICE INC CL B 100.00000000 230.00000000 USD 2022-03-18 XXXX 13389.42000000 N N N UCB SA 2138008J191VLSGY5A09 UCB SA N/A 22100.00000000 NS 2411924.38000000 0.324887667816 Long EC CORP BE N 2 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 9300.00000000 NS USD 1603878.00000000 0.216043333366 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 60679.00000000 NS USD 12768075.18000000 1.719867422930 Long EC CORP US N 1 N N N RITCHIE BROS AUCTIONEERS INC 5493002H8U24DJXQ4886 RITCHIE BROS AUCTIONEERS 767744105 1300.00000000 NS 68133.33000000 0.009177600619 Long EC CORP CA N 1 N N N GENPACT LTD 529900OSEC6Q0L4L5B35 GENPACT LTD N/A 49800.00000000 NS USD 2083632.00000000 0.280666486346 Long EC CORP BM N 1 N N N GLAXOSMITHKLINE PLC 5493000HZTVUYLO1D793 GLAXOSMITHKLINE PLC SPONS ADR 37733W105 178809.00000000 NS USD 7484944.74000000 1.008226568161 Long EC CORP GB N 1 N N N BECTON DICKINSON and CO ICE2EP6D98PQUILVRZ91 BECTON DICKINSON and CO 075887109 8975.00000000 NS USD 2434738.00000000 0.327960676181 Long EC CORP US N 1 N N N TRAVELERS COS INC 549300Y650407RU8B149 TRAVELERS COMPANIES INC 89417E109 7600.00000000 NS USD 1305908.00000000 0.175906594759 Long EC CORP US N 1 N N N REMY COINTREAU SA 5493004V6A3Z027YT216 REMY COINTREAU SA N/A 3423.00000000 NS 658766.29000000 0.088736216346 Long EC CORP FR N 2 N N N IBM CORPORATION VGRQXHF3J8VDLUA7XE92 INTL BUS MACH CORP 459200101 17800.00000000 NS USD 2180678.00000000 0.293738641042 Long EC CORP US N 1 N N N ALLISON TRANSMISSION HLDGS INC 529900RP7DJ882LI9T83 ALLISON TRANSMISSION HLDGS INC 01973R101 27200.00000000 NS USD 1086368.00000000 0.146334424427 Long EC CORP US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 617446448 31030.00000000 NS USD 2815662.20000000 0.379271395530 Long EC CORP US N 1 N N N PERNOD RICARD SA 52990097YFPX9J0H5D87 PERNOD-RICARD N/A 5600.00000000 NS 1222482.50000000 0.164669129623 Long EC CORP FR N 2 N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 GLOBAL PAYMENTS INC 37940X102 10600.00000000 NS USD 1413828.00000000 0.190443483810 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 9700.00000000 NS USD 2156019.00000000 0.290417058878 Long EC CORP US N 1 N N N CANADIAN NATURAL RESOURCES LTD 549300T15RIMIKZC5Q38 CANADIAN NATL RESOURCES LTD 136385101 46100.00000000 NS 2575416.96000000 0.346910216890 Long EC CORP CA N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINL CORP 89832Q109 123349.00000000 NS USD 7674774.78000000 1.033796788973 Long EC CORP US N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 CVS HEALTH CORP 126650100 89151.00000000 NS USD 9240501.15000000 1.244701074781 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 3358089.19200000 NS USD 3358425.00000000 0.452381871850 Long STIV RF US N 1 N N SAP SE 529900D6BF99LW9R2E68 SAP SE SPON ADR 803054204 51000.00000000 NS USD 5741580.00000000 0.773394286839 Long EC CORP DE N 1 N N N DISCOVER FINANCIAL SVS Z1YLO2USPORE63VVUL20 DISCOVER FIN SVCS 254709108 20600.00000000 NS USD 2542864.00000000 0.342525313556 Long EC CORP US N 1 N N N APPLIED MATERIALS INC 41BNNE1AFPNAZELZ6K07 APPLIED MATERIALS INC 038222105 12195.00000000 NS USD 1636569.00000000 0.220446830771 Long EC CORP US N 1 N N N ALIMENTATION COUCHE-TARD INC 549300OSW32RVX8CCZ87 ALIMENTATION COUCHE A MULT VTG 01626P304 3700.00000000 NS 145226.82000000 0.019562140192 Long EC CORP CA N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 46625H100 46743.00000000 NS USD 6628157.40000000 0.892816797019 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC CL A 57636Q104 3000.00000000 NS USD 1082460.00000000 0.145808014472 Long EC CORP US N 1 N N N BAYER AG 549300J4U55H3WP1XT59 BAYER AG N/A 102473.00000000 NS 5919147.07000000 0.797312678200 Long EC CORP DE N 2 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO 949746101 699350.00000000 NS USD 37324309.50000000 5.027606987542 Long EC CORP US N 1 N N N UNIVERSAL MUSIC GROUP NV 724500GJBUL3D9TW9Y18 UNIVERSAL MUSIC GROUP NV N/A 156200.00000000 NS 3566444.52000000 0.480402226581 Long EC CORP NL N 2 N N N DUPONT DE NEMOURS INC 5493004JF0SDFLM8GD76 DUPONT DE NEMOURS INC 26614N102 63500.00000000 NS USD 4912995.00000000 0.661783387895 Long EC CORP US N 1 N N N SYSCO CORP 5RGWIFLMGH3YS7KWI652 SYSCO CORP 871829107 68500.00000000 NS USD 5966350.00000000 0.803670941323 Long EC CORP US N 1 N N N CARDINAL HEALTH INC CCU46N3GJMF4OK4N7U60 CARDINAL HEALTH INC 14149Y108 71200.00000000 NS USD 3845512.00000000 0.517992784350 Long EC CORP US N 1 N N N DONALDSON INC OZE6KXY9QQPR8EJ8WL20 DONALDSON CO INC 257651109 55000.00000000 NS USD 2984850.00000000 0.402061094171 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 060505104 576842.00000000 NS USD 25496416.40000000 3.434382657499 Long EC CORP US N 1 N N N AENA SME SA 959800R7QMXKF0NFMT29 AENA SME SA N/A 4100.00000000 NS 669141.57000000 0.090133772815 Long EC CORP ES N 2 N N N HUMANA INC 529900YLDW34GJAO4J06 HUMANA INC 444859102 3300.00000000 NS USD 1433256.00000000 0.193060447120 Long EC CORP US N 1 N N N BROOKFIELD ASSET MANAGEMENT INC C6J3FGIWG6MBDGTE8F80 BROOKFIELD ASSET INC VTG CL A 112585104 26401.00000000 NS USD 1442550.64000000 0.194312440731 Long EC CORP CA N 1 N N N FLOWSERVE CORP 6Y0GK87T6V7NJKZJVM41 FLOWSERVE CORP 34354P105 30600.00000000 NS USD 929322.00000000 0.125180233565 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 21300.00000000 NS USD 10136031.00000000 1.365329485373 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 EXELON CORP 30161N101 13200.00000000 NS USD 561792.00000000 0.075673721030 Long EC CORP US N 1 N N N SIMON PROPERTY GROUP INC 529900GQL5X8H7AO3T64 SIMON PPTY GROUP INC - REIT 828806109 34400.00000000 NS USD 4732064.00000000 0.637411873135 Long EC CORP US N 1 N N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 KOSMOS ENERGY LTD 500688106 394300.00000000 NS USD 1916298.00000000 0.258126495682 Long EC CORP US N 1 N N N ALTRIA GROUP INC XSGZFLO9YTNO9VCQV219 ALTRIA GROUP INC 02209S103 349620.00000000 NS USD 17932009.80000000 2.415452528898 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 03027X100 12500.00000000 NS USD 2835875.00000000 0.381994071874 Long EC CORP US N 1 N N N DSV A/S 529900X41C0BSLK67H70 DSV A/S N/A 2000.00000000 NS 368113.58000000 0.049585121113 Long EC CORP DK N 2 N N N DXC TECHNOLOGY CO 549300DOVZ3EDJB7O259 DXC TECHNOLOGY CO 23355L106 9400.00000000 NS USD 319882.00000000 0.043088298214 Long EC CORP US N 1 N N N JOHNSON and JOHNSON 549300G0CFPGEF6X2043 JOHNSON and JOHNSON 478160104 55201.00000000 NS USD 9084428.57000000 1.223678004180 Long EC CORP US N 1 N N N BORGWARNER INC 549300DSFX2IE88NSX47 BORGWARNER INC 099724106 95200.00000000 NS USD 3904152.00000000 0.525891627697 Long EC CORP US N 1 N N N AMERICAN FINL GROUP INC OHIO 549300AFOM7IVKIU1G39 AMERICAN FINL GROUP INC OHIO 025932104 3400.00000000 NS USD 460326.00000000 0.062006189669 Long EC CORP US N 1 N N N JOHNSON CONTROLS INTERNATIONAL PLC 549300XQ6S1GYKGBL205 JOHNSON CONTROLS INTERNATIONAL PLC N/A 35200.00000000 NS USD 2286592.00000000 0.308005320684 Long EC CORP IE N 1 N N N ROCKWELL AUTOMATION INC VH3R4HHBHH12O0EXZJ88 ROCKWELL AUTOMATION INC 773903109 1600.00000000 NS USD 426528.00000000 0.057453578697 Long EC CORP US N 1 N N N EPIROC AB 5493004Q73OEYW1SPE91 EPIROC AB CL A N/A 2700.00000000 NS 50734.79000000 0.006834006794 Long EC CORP SE N 2 N N N BOSTON SCIENTIFIC CORP Y6ZDD9FP4P8JSSJMW954 BOSTON SCIENTIFIC CORP SER A PC 5.5% 06/01/2023 101137206 8400.00000000 NS USD 976416.00000000 0.131523823752 Long EP CORP US N 2 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 47816.00000000 NS USD 9527338.00000000 1.283338171372 Long EC CORP US N 1 N N N WALT DISNEY CO 549300GZKULIZ0WOW665 DISNEY (WALT) CO 254687106 42500.00000000 NS USD 6309550.00000000 0.849900188193 Long EC CORP US N 1 N N N 2022-03-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_272_20220228.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity Advisor® Growth & Income Fund
February 28, 2022
AGAI-NPRT1-0422
1.797925.118
Common Stocks - 96.1%
 
 
Shares
Value ($)
(000s)
 
COMMUNICATION SERVICES - 5.8%
 
 
 
Diversified Telecommunication Services - 0.8%
 
 
 
Cellnex Telecom SA (a)
 
31,200
1,411
Elisa Corp. (A Shares)
 
9,700
537
Verizon Communications, Inc.
 
68,609
3,682
 
 
 
5,630
Entertainment - 1.9%
 
 
 
Activision Blizzard, Inc.
 
15,000
1,223
Nintendo Co. Ltd. ADR
 
33,200
2,111
The Walt Disney Co. (b)
 
42,500
6,310
Universal Music Group NV
 
156,200
3,566
Warner Music Group Corp. Class A
 
27,300
989
 
 
 
14,199
Media - 3.1%
 
 
 
Comcast Corp. Class A (c)
 
380,158
17,776
Interpublic Group of Companies, Inc.
 
144,500
5,318
 
 
 
23,094
TOTAL COMMUNICATION SERVICES
 
 
42,923
CONSUMER DISCRETIONARY - 3.0%
 
 
 
Auto Components - 0.5%
 
 
 
BorgWarner, Inc.
 
95,200
3,904
Hotels, Restaurants & Leisure - 0.6%
 
 
 
Churchill Downs, Inc.
 
8,000
1,927
Marriott International, Inc. Class A (b)
 
9,400
1,599
Starbucks Corp.
 
12,100
1,111
 
 
 
4,637
Household Durables - 0.6%
 
 
 
Sony Group Corp. sponsored ADR (d)
 
11,400
1,169
Whirlpool Corp.
 
14,400
2,898
 
 
 
4,067
Specialty Retail - 1.2%
 
 
 
Lowe's Companies, Inc.
 
40,557
8,966
Williams-Sonoma, Inc.
 
1,000
145
 
 
 
9,111
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Puma AG
 
6,644
609
Tapestry, Inc.
 
300
12
 
 
 
621
TOTAL CONSUMER DISCRETIONARY
 
 
22,340
CONSUMER STAPLES - 6.7%
 
 
 
Beverages - 2.2%
 
 
 
Diageo PLC sponsored ADR
 
17,700
3,535
Keurig Dr. Pepper, Inc.
 
90,500
3,500
Pernod Ricard SA
 
5,600
1,222
Remy Cointreau SA
 
3,423
659
The Coca-Cola Co.
 
123,584
7,692
 
 
 
16,608
Food & Staples Retailing - 1.1%
 
 
 
Alimentation Couche-Tard, Inc. Class A (multi-vtg.)
 
3,700
145
Costco Wholesale Corp.
 
400
208
Sysco Corp.
 
68,500
5,966
Walmart, Inc.
 
14,500
1,960
 
 
 
8,279
Food Products - 0.3%
 
 
 
Lamb Weston Holdings, Inc.
 
30,500
2,026
Household Products - 0.3%
 
 
 
Colgate-Palmolive Co.
 
5,100
392
Kimberly-Clark Corp.
 
1,000
130
Spectrum Brands Holdings, Inc.
 
21,600
2,004
 
 
 
2,526
Tobacco - 2.8%
 
 
 
Altria Group, Inc.
 
349,620
17,932
Swedish Match Co. AB
 
366,200
2,662
 
 
 
20,594
TOTAL CONSUMER STAPLES
 
 
50,033
ENERGY - 10.0%
 
 
 
Oil, Gas & Consumable Fuels - 10.0%
 
 
 
Canadian Natural Resources Ltd.
 
46,100
2,575
Cenovus Energy, Inc. (Canada)
 
561,600
8,831
Enterprise Products Partners LP
 
8,600
210
Exxon Mobil Corp.
 
531,800
41,704
Hess Corp. (c)
 
119,700
12,097
Imperial Oil Ltd.
 
38,100
1,710
Kosmos Energy Ltd. (b)
 
394,300
1,916
Phillips 66 Co.
 
25,400
2,140
Tourmaline Oil Corp.
 
82,000
3,235
 
 
 
74,418
FINANCIALS - 17.7%
 
 
 
Banks - 12.7%
 
 
 
Bank of America Corp. (c)
 
577,642
25,532
JPMorgan Chase & Co.
 
47,243
6,699
M&T Bank Corp.
 
10,900
1,986
PNC Financial Services Group, Inc.
 
47,816
9,527
Truist Financial Corp.
 
124,549
7,749
U.S. Bancorp
 
94,830
5,362
Wells Fargo & Co. (c)
 
699,350
37,324
 
 
 
94,179
Capital Markets - 3.4%
 
 
 
Ashmore Group PLC
 
104,500
350
Brookfield Asset Management, Inc. Class A
 
26,401
1,443
Intercontinental Exchange, Inc.
 
1,100
141
KKR & Co. LP
 
47,213
2,838
Morgan Stanley
 
31,030
2,816
Northern Trust Corp.
 
71,337
8,125
Raymond James Financial, Inc.
 
36,350
3,986
S&P Global, Inc.
 
100
38
State Street Corp.
 
63,670
5,433
 
 
 
25,170
Consumer Finance - 0.3%
 
 
 
Discover Financial Services
 
20,600
2,543
Insurance - 0.9%
 
 
 
American Financial Group, Inc.
 
3,400
460
Brookfield Asset Management Reinsurance Partners Ltd.
 
172
10
Chubb Ltd.
 
10,800
2,199
Marsh & McLennan Companies, Inc.
 
15,166
2,357
Old Republic International Corp.
 
17,800
469
The Travelers Companies, Inc.
 
7,600
1,306
 
 
 
6,801
Thrifts & Mortgage Finance - 0.4%
 
 
 
Essent Group Ltd.
 
21,000
928
Radian Group, Inc.
 
67,890
1,623
 
 
 
2,551
TOTAL FINANCIALS
 
 
131,244
HEALTH CARE - 12.9%
 
 
 
Biotechnology - 0.0%
 
 
 
Intercept Pharmaceuticals, Inc. (b)
 
24,295
346
Health Care Equipment & Supplies - 1.5%
 
 
 
Abbott Laboratories
 
4,100
495
Becton, Dickinson & Co.
 
8,975
2,435
Boston Scientific Corp. (b)
 
113,500
5,013
GN Store Nord A/S
 
4,000
211
Koninklijke Philips Electronics NV (depositary receipt) (NY Reg.) (d)
 
63,285
2,156
Sonova Holding AG
 
2,263
876
 
 
 
11,186
Health Care Providers & Services - 5.5%
 
 
 
Cardinal Health, Inc.
 
71,200
3,846
Cigna Corp.
 
33,100
7,871
CVS Health Corp. (c)
 
89,151
9,241
Humana, Inc.
 
3,300
1,433
McKesson Corp.
 
29,733
8,175
UnitedHealth Group, Inc.
 
21,300
10,136
 
 
 
40,702
Life Sciences Tools & Services - 0.2%
 
 
 
Danaher Corp.
 
6,600
1,811
Pharmaceuticals - 5.7%
 
 
 
Bayer AG
 
102,473
5,919
Bristol-Myers Squibb Co. (c)
 
198,300
13,617
Eli Lilly & Co.
 
7,500
1,875
GlaxoSmithKline PLC sponsored ADR
 
178,809
7,485
Johnson & Johnson
 
55,201
9,084
Sanofi SA sponsored ADR
 
30,100
1,579
UCB SA
 
22,100
2,412
Viatris, Inc.
 
7,200
79
 
 
 
42,050
TOTAL HEALTH CARE
 
 
96,095
INDUSTRIALS - 16.1%
 
 
 
Aerospace & Defense - 2.8%
 
 
 
Airbus Group NV
 
24,100
3,077
General Dynamics Corp.
 
12,500
2,931
Huntington Ingalls Industries, Inc.
 
9,000
1,840
MTU Aero Engines AG
 
4,600
1,101
Raytheon Technologies Corp.
 
16,631
1,708
Safran SA
 
10,500
1,335
The Boeing Co. (b)
 
44,400
9,117
 
 
 
21,109
Air Freight & Logistics - 2.1%
 
 
 
DSV A/S
 
2,000
368
Expeditors International of Washington, Inc.
 
700
72
FedEx Corp.
 
9,700
2,156
United Parcel Service, Inc. Class B (c)
 
60,679
12,768
 
 
 
15,364
Airlines - 0.0%
 
 
 
Copa Holdings SA Class A (b)
 
2,300
195
Building Products - 0.4%
 
 
 
A.O. Smith Corp.
 
5,400
370
Johnson Controls International PLC
 
35,200
2,287
 
 
 
2,657
Commercial Services & Supplies - 0.6%
 
 
 
GFL Environmental, Inc.
 
90,000
2,631
Healthcare Services Group, Inc.
 
62,100
982
HNI Corp.
 
9,600
391
Ritchie Bros. Auctioneers, Inc.
 
1,300
68
 
 
 
4,072
Electrical Equipment - 0.9%
 
 
 
Acuity Brands, Inc.
 
12,100
2,207
Hubbell, Inc. Class B
 
11,912
2,123
Regal Rexnord Corp.
 
2,100
337
Rockwell Automation, Inc.
 
1,600
427
Vertiv Holdings Co.
 
139,100
1,811
 
 
 
6,905
Industrial Conglomerates - 5.5%
 
 
 
3M Co.
 
10,800
1,605
General Electric Co.
 
414,536
39,592
 
 
 
41,197
Machinery - 1.9%
 
 
 
Allison Transmission Holdings, Inc.
 
27,200
1,086
Caterpillar, Inc.
 
3,300
619
Cummins, Inc.
 
4,900
1,000
Donaldson Co., Inc.
 
55,700
3,023
Epiroc AB (A Shares)
 
2,700
51
Flowserve Corp.
 
30,600
929
Fortive Corp.
 
24,600
1,593
Kardex AG
 
550
143
Nordson Corp.
 
8,700
1,970
Otis Worldwide Corp.
 
8,265
647
PACCAR, Inc.
 
8,100
744
Stanley Black & Decker, Inc.
 
5,400
879
Westinghouse Air Brake Tech Co.
 
12,731
1,182
 
 
 
13,866
Professional Services - 0.5%
 
 
 
Equifax, Inc.
 
5,300
1,157
RELX PLC (London Stock Exchange)
 
81,220
2,473
Robert Half International, Inc.
 
800
96
 
 
 
3,726
Road & Rail - 0.5%
 
 
 
Knight-Swift Transportation Holdings, Inc. Class A
 
72,000
3,923
Trading Companies & Distributors - 0.8%
 
 
 
Brenntag SE
 
3,600
302
Fastenal Co.
 
12,000
618
MSC Industrial Direct Co., Inc. Class A
 
600
46
Watsco, Inc.
 
18,064
4,933
 
 
 
5,899
Transportation Infrastructure - 0.1%
 
 
 
Aena SME SA (a)(b)
 
4,100
669
TOTAL INDUSTRIALS
 
 
119,582
INFORMATION TECHNOLOGY - 19.3%
 
 
 
Electronic Equipment & Components - 0.2%
 
 
 
CDW Corp.
 
9,300
1,604
IT Services - 4.1%
 
 
 
Amadeus IT Holding SA Class A (b)
 
47,300
3,121
DXC Technology Co. (b)
 
9,400
320
Edenred SA
 
66,800
3,040
Fidelity National Information Services, Inc.
 
41,600
3,962
Genpact Ltd.
 
49,800
2,084
Global Payments, Inc.
 
10,600
1,414
IBM Corp.
 
17,800
2,181
MasterCard, Inc. Class A
 
3,000
1,082
Unisys Corp. (b)
 
70,792
1,513
Visa, Inc. Class A
 
55,740
12,047
 
 
 
30,764
Semiconductors & Semiconductor Equipment - 3.8%
 
 
 
Analog Devices, Inc.
 
13,900
2,228
Applied Materials, Inc.
 
12,195
1,637
Intel Corp.
 
62,900
3,000
Lam Research Corp.
 
2,600
1,460
Marvell Technology, Inc.
 
32,400
2,214
NXP Semiconductors NV
 
18,600
3,536
Qualcomm, Inc.
 
78,198
13,449
Teradyne, Inc.
 
6,800
802
 
 
 
28,326
Software - 7.6%
 
 
 
Intuit, Inc.
 
2,800
1,328
Microsoft Corp.
 
158,873
47,467
Open Text Corp.
 
15,400
670
SAP SE sponsored ADR
 
51,000
5,742
Temenos Group AG
 
10,300
1,035
 
 
 
56,242
Technology Hardware, Storage & Peripherals - 3.6%
 
 
 
Apple, Inc.
 
152,892
25,246
FUJIFILM Holdings Corp.
 
5,200
328
Samsung Electronics Co. Ltd.
 
14,620
881
 
 
 
26,455
TOTAL INFORMATION TECHNOLOGY
 
 
143,391
MATERIALS - 2.6%
 
 
 
Chemicals - 0.8%
 
 
 
DuPont de Nemours, Inc.
 
63,500
4,913
PPG Industries, Inc.
 
7,000
934
 
 
 
5,847
Metals & Mining - 1.8%
 
 
 
First Quantum Minerals Ltd.
 
106,900
3,135
Freeport-McMoRan, Inc.
 
162,400
7,625
Glencore Xstrata PLC
 
407,800
2,398
 
 
 
13,158
TOTAL MATERIALS
 
 
19,005
REAL ESTATE - 1.0%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 1.0%
 
 
 
American Tower Corp.
 
12,500
2,836
Equinix, Inc.
 
110
78
Public Storage
 
200
71
Simon Property Group, Inc.
 
34,400
4,732
 
 
 
7,717
UTILITIES - 1.0%
 
 
 
Electric Utilities - 0.9%
 
 
 
Constellation Energy Corp.
 
4,400
202
Duke Energy Corp.
 
10,400
1,044
Entergy Corp.
 
11,900
1,252
Exelon Corp.
 
13,200
562
Southern Co.
 
50,700
3,284
 
 
 
6,344
Multi-Utilities - 0.1%
 
 
 
Sempra Energy
 
6,300
909
TOTAL UTILITIES
 
 
7,253
 
TOTAL COMMON STOCKS
 (Cost $463,419)
 
 
 
714,001
 
 
 
 
Convertible Preferred Stocks - 0.2%
 
 
Shares
Value ($)
(000s)
 
HEALTH CARE - 0.2%
 
 
 
Health Care Equipment & Supplies - 0.2%
 
 
 
Becton, Dickinson & Co. 6.50%
 
14,200
763
Boston Scientific Corp. Series A, 5.50%
 
8,400
976
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $1,564)
 
 
 
1,739
 
 
 
 
Convertible Bonds - 0.1%
 
 
Principal
Amount (e)
(000s)
 
Value ($)
(000s)
 
HEALTH CARE - 0.1%
 
 
 
Biotechnology - 0.1%
 
 
 
Intercept Pharmaceuticals, Inc. 2% 5/15/26
 
  (Cost $896)
 
 
1,093
654
 
 
 
 
Other - 0.0%
 
 
Shares
Value ($)
(000s)
 
Other - 0.0%
 
 
 
Utica Shale Drilling Program (non-operating revenue interest) (f)(g)(h)
  (Cost $1,463)
 
1,136,507
406
 
 
 
 
Money Market Funds - 3.9%
 
 
Shares
Value ($)
(000s)
 
Fidelity Cash Central Fund 0.07% (i)
 
25,234,567
25,240
Fidelity Securities Lending Cash Central Fund 0.07% (i)(j)
 
3,459,679
3,460
 
TOTAL MONEY MARKET FUNDS
 (Cost $28,700)
 
 
28,700
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $496,042)
 
 
 
745,500
NET OTHER ASSETS (LIABILITIES) - (0.3)%  
(2,417)
NET ASSETS - 100.0%
743,083
 
 
 Written Options
 
Counterparty
Number
of Contracts
Notional
Amount ($)
 
(000s)
Exercise
Price ($)
Expiration
Date
Value ($)
 
(000s)
Call Options
 
 
 
 
 
 
Bank of America Corp.
Chicago Board Options Exchange
282
1,246
50.00
03/18/22
(2)
Bristol-Myers Squibb Co.
Chicago Board Options Exchange
189
1,298
70.00
03/18/22
(14)
Comcast Corp. Class A
Chicago Board Options Exchange
177
828
55.00
03/18/22
(1)
CVS Health Corp.
Chicago Board Options Exchange
87
902
105.00
03/18/22
(15)
CVS Health Corp.
Chicago Board Options Exchange
89
922
110.00
03/18/22
(3)
Hess Corp.
Chicago Board Options Exchange
104
1,051
100.00
03/18/22
(50)
United Parcel Service, Inc. Class B
Chicago Board Options Exchange
57
1,199
230.00
03/18/22
(2)
United Parcel Service, Inc. Class B
Chicago Board Options Exchange
26
547
240.00
03/18/22
0
Wells Fargo & Co.
Chicago Board Options Exchange
349
1,863
60.00
03/18/22
(4)
Wells Fargo & Co.
Chicago Board Options Exchange
345
1,841
62.00
03/18/22
(2)
 
 
 
 
 
 
 
TOTAL WRITTEN OPTIONS
 
 
 
 
 
(93)
 
 
Any values shown as $0 in the Schedule of Investments may reflect amounts less than $500.
 
Legend
 
(a)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $2,080,000 or 0.3% of net assets.
 
(b)
Non-income producing
 
(c)
Security or a portion of the security is pledged as collateral for call options written. At period end, the value of securities pledged amounted to $11,697,000.
 
(d)
Security or a portion of the security is on loan at period end.
 
(e)
Amount is stated in United States dollars unless otherwise noted.
 
(f)
Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.
 
(g)
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 $406,000 or 0.1% of net assets.
 
(h)
Level 3 security
 
(i)
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.
 
(j)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
(000s)
Utica Shale Drilling Program (non-operating revenue interest)
10/05/16 - 12/16/20
1,463
 
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
 
Affiliate (Amounts in thousands)
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
%ownership,
end
of period
Fidelity Cash Central Fund 0.07%
11,071
55,111
40,942
4
-
-
25,240
0.0%
Fidelity Securities Lending Cash Central Fund 0.07%
727
17,254
14,521
1
-
-
3,460
0.0%
Total
11,798
72,365
55,463
5
-
-
28,700
 
 
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, 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 inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing 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 any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Convertible Bonds 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.
 
Exchange-traded options are valued using the last sale price or, in the absence of a sale, the last offering price and are categorized as Level 1 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Options: Options give the purchaser the right, but not the obligation, to buy (call) or sell (put) an underlying security or financial instrument at an agreed exercise or strike price between or on certain dates. Options obligate the seller (writer) to buy (put) or sell (call) an underlying instrument at the exercise or strike price or cash settle an underlying derivative instrument if the holder exercises the option on or before the expiration date.
 
The Fund used exchange-traded options to manage its exposure to the stock market.
 
Open options at period end are presented in the Schedule of Investments under the captions "Purchased Options," "Purchased Swaptions," "Written Options" and "Written Swaptions." Writing puts and buying calls tend to increase exposure to the underlying instrument while buying puts and writing calls tend to decrease exposure to the underlying instrument. For purchased options, risk of loss is limited to the premium paid, and for written options, risk of loss is the change in value in excess of the premium received.
 
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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