0001752724-22-264850.txt : 20221123 0001752724-22-264850.hdr.sgml : 20221123 20221123153339 ACCESSION NUMBER: 0001752724-22-264850 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220930 FILED AS OF DATE: 20221123 DATE AS OF CHANGE: 20221123 PERIOD START: 20221231 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: 221415911 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: 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549300FQZKFR5YNSHZ21 MID AMERICA APT CMNTY INC 59522J103 31700.00000000 NS USD 4915719.00000000 0.395084661577 Long EC CORP US N 1 N N N NOMAD FOODS LTD 5493000ZZ1837DS2SI43 NOMAD FOODS LTD N/A 201100.00000000 NS USD 2855620.00000000 0.229511015843 Long EC CORP VG N 1 N N N COMMERCIAL METALS CO 549300OQS2LO07ZJ7N73 COMMERCIAL METALS CO 201723103 93500.00000000 NS USD 3317380.00000000 0.266623449107 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 9131291.31500000 NS USD 9133117.57000000 0.734044127479 Long STIV RF US N 1 N N N WARNER MUSIC GRP CORP N/A WARNER MUSIC GRP CORP CL A 934550203 120300.00000000 NS USD 2792163.00000000 0.224410869279 Long EC CORP US N 1 N N N LEGEND BIOTECH CORP 254900EIUFZTW136H859 LEGEND BIOTECH CORP SPON ADR 52490G102 41800.00000000 NS USD 1705440.00000000 0.137069101232 Long EC CORP KY N 1 N N N ELEMENT SOLUTIONS INC 549300FLGN6P5CU20J91 ELEMENT SOLUTIONS INC 28618M106 701700.00000000 NS USD 11416659.00000000 0.917576219746 Long EC CORP US N 1 N N N BLACK HILLS CORP 3MGELCRSTNSAMJ962671 BLACK HILLS CORP 092113109 89600.00000000 NS USD 6068608.00000000 0.487744303106 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 ICON PLC N/A 15500.00000000 NS USD 2848590.00000000 0.228946002837 Long EC CORP IE N 1 N N N MOLINA HEALTHCARE INC 549300NQQCEQ46YHZ591 MOLINA HEALTHCARE INC 60855R100 41300.00000000 NS USD 13622392.00000000 1.094854716714 Long EC CORP US N 1 N N N ACADEMY SPORTS and OUTDOORS INC N/A ACADEMY SPORTS and OUTDOORS INC 00402L107 151700.00000000 NS USD 6398706.00000000 0.514274838440 Long EC CORP US N 1 N N N WILLIAMS-SONOMA INC 549300IARG6YWVTZ1I92 WILLIAMS-SONOMA INC 969904101 121500.00000000 NS USD 14318775.00000000 1.150824197858 Long EC CORP US N 1 N N BAKER HUGHES CO N/A BAKER HUGHES CO 05722G100 231800.00000000 NS USD 4858528.00000000 0.390488124045 Long EC CORP US N 1 N N N CONCENTRIX CORP N/A CONCENTRIX CORP 20602D101 90500.00000000 NS USD 10102515.00000000 0.811956240756 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 104700.00000000 NS USD 8709993.00000000 0.700036889159 Long EC CORP US N 1 N N N MARTIN MARIETTA MATERIALS INC 5299005MZ4WZECVATV08 MARTIN MARIETTA MATERIALS INC 573284106 28700.00000000 NS USD 9243983.00000000 0.742954569856 Long EC CORP US N 1 N N N KNOWBE4 INC N/A KNOWBE4 INC 49926T104 92100.00000000 NS USD 1916601.00000000 0.154040468436 Long EC CORP US N 1 N N N ENVISTA HOLDINGS CORPORATION 549300BX623VURJZ5269 ENVISTA HOLDINGS CORP 29415F104 201800.00000000 NS USD 6621058.00000000 0.532145645268 Long EC CORP US N 1 N N N UCB SA 2138008J191VLSGY5A09 UCB SA N/A 100500.00000000 NS 6974484.80000000 0.560551155768 Long EC CORP BE N 2 N N N GENERAC HOLDINGS INC 529900S2H2AHJHSFFI84 GENERAC HOLDINGS INC 368736104 30000.00000000 NS USD 5344200.00000000 0.429522405247 Long EC CORP US N 1 N N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 BUILDERS FIRSTSOURCE 12008R107 230900.00000000 NS USD 13604628.00000000 1.093426993947 Long EC CORP US N 1 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 38651.00000000 NS USD 6032648.08000000 0.484854143432 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 229800.00000000 NS USD 7107714.00000000 0.571259012217 Long EC CORP US N 1 N N N GENPACT LTD 529900OSEC6Q0L4L5B35 GENPACT LTD N/A 251343.00000000 NS USD 11001283.11000000 0.884191755962 Long EC CORP BM N 1 N N N DUKE REALTY CORP 254900E47KH1NFFKNF25 DUKE REALTY CORP REIT 264411505 82700.00000000 NS USD 3986140.00000000 0.320372822958 Long EC CORP US N 1 N N N JACOBS SOLUTIONS INC N/A JACOBS SOLUTIONS INC 46982L108 67186.00000000 NS USD 7289009.14000000 0.585830009670 Long EC CORP US N 1 N N N EAGLE MATLS INC 529900KRXRGXL61SG039 EAGLE MATERIALS INC 26969P108 28800.00000000 NS USD 3086784.00000000 0.248090058036 Long EC CORP US N 1 N N N NOW INC 549300AVH5SOCFVVDW91 NOW INC 67011P100 321900.00000000 NS USD 3235095.00000000 0.260010064294 Long EC CORP US N 1 N N N EQUITY LIFESTYLE PROPERTIES INC 529900PEQG66LENB6798 EQUITY LIFESTYLE PPTYS INC 29472R108 48700.00000000 NS USD 3060308.00000000 0.245962137075 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 34678132.19800000 NS USD 34681600.01000000 2.787418931575 Long STIV RF US N 1 N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 334500.00000000 NS USD 13490385.00000000 1.084245090549 Long EC CORP US N 1 N N N ASSURANT INC H3F39CAXWQRVWURFXL38 ASSURANT INC 04621X108 62800.00000000 NS USD 9122956.00000000 0.733227424888 Long EC CORP US N 1 N N N EURONET WORLDWIDE INC YG3575C4DSHJPA5KET68 EURONET WORLDWIDE INC 298736109 79191.00000000 NS USD 5999510.16000000 0.482190792677 Long EC CORP US N 1 N N N NEXTIER OILFIELD SOLUTIONS INC 529900L27H2D4QT0IT24 NEXTIER OILFIELD SOLUTIONS INC 65290C105 656200.00000000 NS USD 4855880.00000000 0.390275299800 Long EC CORP US N 1 N N N BJS WHOLESALE CLUB HOLDINGS INC 549300UCIWH1C93V0J03 BJS WHSL CLUB HLDGS INC 05550J101 243000.00000000 NS USD 17692830.00000000 1.422002712704 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 86400.00000000 NS USD 9798624.00000000 0.787532006398 Long EC CORP US N 1 N N N TMX GROUP LTD 549300N65GFVKSHGJW59 TMX GROUP LTD 87262K105 57300.00000000 NS 5270596.16000000 0.423606739966 Long EC CORP CA N 1 N N N DECKERS OUTDOOR CORP 5493008LG4W3I6K8J118 DECKERS OUTDOOR CORP 243537107 59875.00000000 NS USD 18717523.75000000 1.504359084872 Long EC CORP US N 1 N N N EASTGROUP PROPERTIES INC 31TIGQQZC4P6JMHKSW85 EASTGROUP PPTYS INC 277276101 77100.00000000 NS USD 11128614.00000000 0.894425555246 Long EC CORP US N 1 N N N EQUITABLE HOLDINGS INC 549300FIBAKMNHPZ4009 EQUITABLE HOLDINGS INC 29452E101 234900.00000000 NS USD 6189615.00000000 0.497469840641 Long EC CORP US N 1 N N N OLAPLEX HOLDINGS INC N/A OLAPLEX HOLDINGS INC 679369108 319600.00000000 NS USD 3052180.00000000 0.245308875949 Long EC CORP US N 1 N N DYNATRACE INC N/A DYNATRACE INC 268150109 248700.00000000 NS USD 8657247.00000000 0.695797603806 Long EC CORP US N 1 N N N US FOODS HOLDING CORP 549300UGOZSO64CFPR97 US FOODS HOLDING CORP 912008109 340300.00000000 NS USD 8997532.00000000 0.723146885582 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A EAST WEST BANCORP INC 27579R104 204000.00000000 NS USD 13696560.00000000 1.100815724489 Long EC CORP US N 1 N N N SEALED AIR CORP Q0M0CZB4YN6JZ65WXI09 SEALED AIR CORP 81211K100 68200.00000000 NS USD 3035582.00000000 0.243974866577 Long EC CORP US N 1 N N N HUNT (JB) TRANSPORT SERVICES 549300XCD1MPI1C5GK90 HUNT J B TRANSPORT SERVICES IN 445658107 38200.00000000 NS USD 5975244.00000000 0.480240480300 Long EC CORP US N 1 N N N GMS INC 52990057RENOQO4U0D72 GMS INC 36251C103 31765.00000000 NS USD 1270917.65000000 0.102145804030 Long EC CORP US N 1 N N N RANGE RESOURCES CORP H3Y3WLYCX0BTO1TRW162 RANGE RESOURCES CORP 75281A109 349097.00000000 NS USD 8818190.22000000 0.708732882980 Long EC CORP US N 1 N N N BIO-RAD LABORATORIES INC 549300ZC1GPV35XYDK53 BIO RAD LABS CL A 090572207 7600.00000000 NS USD 3170264.00000000 0.254799487023 Long EC CORP US N 1 N N N AMERICAN FINL GROUP INC OHIO 549300AFOM7IVKIU1G39 AMERICAN FINL GROUP INC OHIO 025932104 42300.00000000 NS USD 5199939.00000000 0.417927904348 Long EC CORP US N 1 N N N NEW FORTRESS ENERGY INC N/A NEW FORTRESS ENERGY INC 644393100 117614.00000000 NS USD 5140907.94000000 0.413183478077 Long EC CORP US N 1 N N N AMERIPRISE FINL INC 6ZLKQF7QB6JAEKQS5388 AMERIPRISE FINANCIAL INC 03076C106 26287.00000000 NS USD 6623009.65000000 0.532302502684 Long EC CORP US N 1 N N N AGNICO EAGLE MINES LTD YGE0EUBRF7IJOB3QRX76 AGNICO EAGLE MINES LTD 008474108 119506.00000000 NS 5048952.23000000 0.405792841923 Long EC CORP CA N 1 N N N MASIMO CORP 549300Q4A8JK0PIYCU29 MASIMO CORP 574795100 8800.00000000 NS USD 1242208.00000000 0.099838360835 Long EC CORP US N 1 N N N CELANESE CORP DEL 549300FHJQTDPPN41627 CELANESE CORP 150870103 52300.00000000 NS USD 4724782.00000000 0.379738731505 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 99100.00000000 NS USD 16441681.00000000 1.321445748555 Long EC CORP US N 1 N N N WHEATON PRECIOUS METALS CORP 549300XSFG5ZCGVYD886 WHEATON PRECIOUS METALS CORP 962879102 207500.00000000 NS 6719133.46000000 0.540028136094 Long EC CORP CA N 1 N N N LAMAR ADVERTISING CO 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO CL A 512816109 135900.00000000 NS USD 11210391.00000000 0.900998111239 Long EC CORP US N 1 N N N DRIVEN BRANDS HOLDINGS INC N/A DRIVEN BRANDS HOLDINGS INC 26210V102 241100.00000000 NS USD 6745978.00000000 0.542185677240 Long EC CORP US N 1 N N 2022-10-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_1359_20220930.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Advisor® Mid Cap II Fund
September 30, 2022
AMP-NPRT3-1122
1.807739.118
Common Stocks - 99.2%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 1.6%
 
 
 
Entertainment - 0.3%
 
 
 
Live Nation Entertainment, Inc. (a)
 
34,400
2,615,776
Warner Music Group Corp. Class A
 
83,500
1,938,035
 
 
 
4,553,811
Interactive Media & Services - 0.6%
 
 
 
Bumble, Inc. (a)
 
248,400
5,338,116
IAC, Inc. (a)
 
32,700
1,810,926
 
 
 
7,149,042
Media - 0.7%
 
 
 
Interpublic Group of Companies, Inc.
 
345,594
8,847,206
TOTAL COMMUNICATION SERVICES
 
 
20,550,059
CONSUMER DISCRETIONARY - 11.2%
 
 
 
Distributors - 0.2%
 
 
 
Pool Corp.
 
6,700
2,132,007
Hotels, Restaurants & Leisure - 3.8%
 
 
 
ARAMARK Holdings Corp.
 
248,900
7,765,680
Bowlero Corp. Class A (a)(b)
 
79,337
976,638
Caesars Entertainment, Inc. (a)
 
125,349
4,043,759
Churchill Downs, Inc.
 
86,900
16,002,635
Domino's Pizza, Inc.
 
19,500
6,048,900
Jubilant Foodworks Ltd.
 
152,980
1,168,534
Light & Wonder, Inc. Class A (a)
 
89,900
3,854,912
Noodles & Co. (a)
 
616,200
2,896,140
Vail Resorts, Inc.
 
16,900
3,644,316
 
 
 
46,401,514
Household Durables - 1.3%
 
 
 
KB Home
 
59,400
1,539,648
Lovesac (a)
 
44,017
897,066
NVR, Inc. (a)
 
1,215
4,844,302
Taylor Morrison Home Corp. (a)
 
235,000
5,480,200
Toll Brothers, Inc.
 
81,900
3,439,800
 
 
 
16,201,016
Internet & Direct Marketing Retail - 0.1%
 
 
 
Revolve Group, Inc. (a)(b)
 
70,500
1,529,145
Leisure Products - 0.2%
 
 
 
YETI Holdings, Inc. (a)
 
93,200
2,658,064
Specialty Retail - 3.6%
 
 
 
Academy Sports & Outdoors, Inc.
 
148,700
6,272,166
America's Car Mart, Inc. (a)
 
22,100
1,348,542
Dick's Sporting Goods, Inc. (b)
 
78,400
8,203,776
Five Below, Inc. (a)
 
96,200
13,243,854
Floor & Decor Holdings, Inc. Class A (a)
 
18,800
1,320,888
Williams-Sonoma, Inc. (b)
 
121,500
14,318,775
 
 
 
44,708,001
Textiles, Apparel & Luxury Goods - 2.0%
 
 
 
Capri Holdings Ltd. (a)
 
164,300
6,315,692
Deckers Outdoor Corp. (a)
 
59,875
18,717,526
 
 
 
25,033,218
TOTAL CONSUMER DISCRETIONARY
 
 
138,662,965
CONSUMER STAPLES - 4.1%
 
 
 
Beverages - 0.5%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
19,400
6,278,810
Food & Staples Retailing - 3.1%
 
 
 
BJ's Wholesale Club Holdings, Inc. (a)
 
243,000
17,692,830
Performance Food Group Co. (a)
 
107,100
4,599,945
Sprouts Farmers Market LLC (a)
 
211,400
5,866,350
U.S. Foods Holding Corp. (a)
 
340,300
8,997,532
United Natural Foods, Inc. (a)
 
52,400
1,800,988
 
 
 
38,957,645
Food Products - 0.2%
 
 
 
Nomad Foods Ltd. (a)
 
201,100
2,855,620
Personal Products - 0.3%
 
 
 
Olaplex Holdings, Inc. (b)
 
319,600
3,052,180
TOTAL CONSUMER STAPLES
 
 
51,144,255
ENERGY - 6.0%
 
 
 
Energy Equipment & Services - 1.6%
 
 
 
Baker Hughes Co. Class A
 
231,800
4,858,528
Championx Corp.
 
147,900
2,894,403
Nextier Oilfield Solutions, Inc. (a)
 
656,200
4,855,880
TechnipFMC PLC (a)
 
910,900
7,706,214
 
 
 
20,315,025
Oil, Gas & Consumable Fuels - 4.4%
 
 
 
Antero Resources Corp. (a)
 
215,000
6,563,950
Cheniere Energy, Inc.
 
99,100
16,441,681
Hess Corp.
 
91,700
9,994,383
Magnolia Oil & Gas Corp. Class A
 
382,800
7,583,268
New Fortress Energy, Inc.
 
117,614
5,140,908
Range Resources Corp.
 
349,097
8,818,190
 
 
 
54,542,380
TOTAL ENERGY
 
 
74,857,405
FINANCIALS - 15.8%
 
 
 
Banks - 7.3%
 
 
 
Bancorp, Inc., Delaware (a)
 
391,000
8,594,180
Comerica, Inc.
 
70,300
4,998,330
East West Bancorp, Inc.
 
204,000
13,696,560
First Foundation, Inc.
 
80,466
1,459,653
First Horizon National Corp.
 
340,000
7,786,000
First Republic Bank
 
51,600
6,736,380
Huntington Bancshares, Inc.
 
674,657
8,891,979
M&T Bank Corp.
 
48,100
8,480,992
Popular, Inc.
 
95,800
6,903,348
Signature Bank
 
40,300
6,085,300
Wintrust Financial Corp.
 
208,100
16,970,555
 
 
 
90,603,277
Capital Markets - 2.3%
 
 
 
Ameriprise Financial, Inc.
 
26,287
6,623,010
Northern Trust Corp.
 
86,000
7,358,160
Raymond James Financial, Inc.
 
87,086
8,605,839
TMX Group Ltd.
 
57,300
5,270,596
 
 
 
27,857,605
Diversified Financial Services - 0.5%
 
 
 
Equitable Holdings, Inc.
 
234,900
6,189,615
Insurance - 5.4%
 
 
 
American Financial Group, Inc.
 
42,300
5,199,939
Arch Capital Group Ltd. (a)
 
167,600
7,632,504
Assurant, Inc.
 
62,800
9,122,956
Hartford Financial Services Group, Inc.
 
146,500
9,074,210
Old Republic International Corp.
 
370,500
7,754,565
Primerica, Inc.
 
91,758
11,327,525
Reinsurance Group of America, Inc.
 
95,291
11,988,561
Selective Insurance Group, Inc.
 
64,400
5,242,160
 
 
 
67,342,420
Thrifts & Mortgage Finance - 0.3%
 
 
 
Essent Group Ltd.
 
117,729
4,105,210
TOTAL FINANCIALS
 
 
196,098,127
HEALTH CARE - 9.7%
 
 
 
Biotechnology - 1.7%
 
 
 
Argenx SE ADR (a)
 
7,000
2,471,350
Blueprint Medicines Corp. (a)
 
31,000
2,042,590
Exelixis, Inc. (a)
 
331,100
5,191,648
Legend Biotech Corp. ADR (a)
 
41,800
1,705,440
Neurocrine Biosciences, Inc. (a)
 
33,600
3,568,656
United Therapeutics Corp. (a)
 
30,800
6,448,904
 
 
 
21,428,588
Health Care Equipment & Supplies - 2.9%
 
 
 
Boston Scientific Corp. (a)
 
156,310
6,053,886
Envista Holdings Corp. (a)
 
201,800
6,621,058
Hologic, Inc. (a)
 
61,379
3,960,173
JEOL Ltd.
 
72,300
2,375,364
Masimo Corp. (a)
 
8,800
1,242,208
ResMed, Inc.
 
18,227
3,978,954
The Cooper Companies, Inc.
 
16,439
4,338,252
Zimmer Biomet Holdings, Inc.
 
73,900
7,726,245
 
 
 
36,296,140
Health Care Providers & Services - 2.4%
 
 
 
agilon health, Inc. (a)
 
57,900
1,356,018
Guardant Health, Inc. (a)
 
23,400
1,259,622
Molina Healthcare, Inc. (a)
 
41,300
13,622,392
Option Care Health, Inc. (a)
 
416,000
13,091,520
 
 
 
29,329,552
Life Sciences Tools & Services - 1.3%
 
 
 
Avantor, Inc. (a)
 
144,000
2,822,400
Bio-Rad Laboratories, Inc. Class A (a)
 
7,600
3,170,264
ICON PLC (a)
 
15,500
2,848,590
Maravai LifeSciences Holdings, Inc. (a)
 
144,300
3,683,979
Thermo Fisher Scientific, Inc.
 
6,430
3,261,232
 
 
 
15,786,465
Pharmaceuticals - 1.4%
 
 
 
Royalty Pharma PLC
 
255,900
10,282,062
UCB SA
 
100,500
6,974,485
 
 
 
17,256,547
TOTAL HEALTH CARE
 
 
120,097,292
INDUSTRIALS - 18.3%
 
 
 
Aerospace & Defense - 1.3%
 
 
 
AerSale Corp. (a)
 
98,200
1,820,628
Axon Enterprise, Inc. (a)
 
46,100
5,336,075
Howmet Aerospace, Inc.
 
229,800
7,107,714
Spirit AeroSystems Holdings, Inc. Class A
 
82,900
1,817,168
 
 
 
16,081,585
Air Freight & Logistics - 0.6%
 
 
 
Air Transport Services Group, Inc. (a)
 
192,100
4,627,689
GXO Logistics, Inc. (a)
 
87,988
3,084,859
 
 
 
7,712,548
Building Products - 1.1%
 
 
 
Builders FirstSource, Inc. (a)
 
230,900
13,604,628
Commercial Services & Supplies - 0.5%
 
 
 
Driven Brands Holdings, Inc. (a)(b)
 
241,100
6,745,978
Construction & Engineering - 1.8%
 
 
 
Quanta Services, Inc.
 
74,600
9,503,294
Willscot Mobile Mini Holdings (a)
 
334,500
13,490,385
 
 
 
22,993,679
Electrical Equipment - 3.6%
 
 
 
Acuity Brands, Inc.
 
62,500
9,841,875
AMETEK, Inc.
 
86,400
9,798,624
Generac Holdings, Inc. (a)
 
30,000
5,344,200
Regal Rexnord Corp.
 
86,902
12,197,565
Sunrun, Inc. (a)
 
260,707
7,192,906
 
 
 
44,375,170
Machinery - 3.8%
 
 
 
Crane Holdings Co.
 
139,500
12,211,830
Fortive Corp.
 
139,700
8,144,510
IDEX Corp.
 
41,700
8,333,745
Ingersoll Rand, Inc.
 
81,600
3,530,016
ITT, Inc.
 
226,559
14,803,365
 
 
 
47,023,466
Marine - 0.3%
 
 
 
Clarkson PLC
 
119,869
3,498,695
Professional Services - 3.5%
 
 
 
ASGN, Inc. (a)
 
101,599
9,181,502
FTI Consulting, Inc. (a)
 
56,500
9,362,615
Jacobs Solutions, Inc.
 
67,186
7,289,009
KBR, Inc.
 
302,600
13,078,372
TriNet Group, Inc. (a)
 
63,500
4,522,470
 
 
 
43,433,968
Road & Rail - 0.5%
 
 
 
J.B. Hunt Transport Services, Inc.
 
38,200
5,975,244
Trading Companies & Distributors - 1.3%
 
 
 
GMS, Inc. (a)
 
4,539
181,605
NOW, Inc. (a)
 
321,900
3,235,095
RS GROUP PLC
 
624,943
6,671,195
Univar Solutions, Inc. (a)
 
260,400
5,921,496
 
 
 
16,009,391
TOTAL INDUSTRIALS
 
 
227,454,352
INFORMATION TECHNOLOGY - 12.8%
 
 
 
Communications Equipment - 0.9%
 
 
 
Digi International, Inc. (a)
 
347,100
11,999,247
Electronic Equipment & Components - 3.2%
 
 
 
CDW Corp.
 
38,651
6,032,648
Flex Ltd. (a)
 
688,000
11,462,080
Jabil, Inc.
 
294,074
16,971,011
Trimble, Inc. (a)
 
46,400
2,518,128
Zebra Technologies Corp. Class A (a)
 
9,300
2,436,693
 
 
 
39,420,560
IT Services - 4.8%
 
 
 
Amadeus IT Holding SA Class A (a)
 
156,900
7,274,299
Concentrix Corp.
 
90,500
10,102,515
EPAM Systems, Inc. (a)
 
15,200
5,505,288
Euronet Worldwide, Inc. (a)
 
79,191
5,999,510
Genpact Ltd.
 
251,343
11,001,283
GoDaddy, Inc. (a)
 
96,700
6,854,096
Shift4 Payments, Inc. (a)
 
14,900
664,689
WNS Holdings Ltd. sponsored ADR (a)
 
147,600
12,079,584
 
 
 
59,481,264
Semiconductors & Semiconductor Equipment - 2.5%
 
 
 
Marvell Technology, Inc.
 
59,700
2,561,727
MKS Instruments, Inc.
 
87,800
7,255,792
onsemi (a)
 
159,400
9,935,402
SolarEdge Technologies, Inc. (a)
 
20,800
4,814,368
Teradyne, Inc.
 
82,500
6,199,875
 
 
 
30,767,164
Software - 1.4%
 
 
 
Black Knight, Inc. (a)
 
101,400
6,563,622
Dynatrace, Inc. (a)
 
248,700
8,657,247
KnowBe4, Inc. (a)
 
92,100
1,916,601
 
 
 
17,137,470
TOTAL INFORMATION TECHNOLOGY
 
 
158,805,705
MATERIALS - 7.1%
 
 
 
Chemicals - 2.2%
 
 
 
Cabot Corp.
 
50,000
3,194,500
Celanese Corp. Class A
 
52,300
4,724,782
CF Industries Holdings, Inc.
 
75,400
7,257,250
Element Solutions, Inc.
 
701,700
11,416,659
 
 
 
26,593,191
Construction Materials - 1.0%
 
 
 
Eagle Materials, Inc.
 
28,800
3,086,784
Martin Marietta Materials, Inc.
 
28,700
9,243,983
 
 
 
12,330,767
Containers & Packaging - 0.9%
 
 
 
Avery Dennison Corp.
 
51,900
8,444,130
Sealed Air Corp.
 
68,200
3,035,582
 
 
 
11,479,712
Metals & Mining - 3.0%
 
 
 
Agnico Eagle Mines Ltd. (Canada)
 
119,506
5,048,952
Commercial Metals Co.
 
93,500
3,317,380
First Quantum Minerals Ltd.
 
563,600
9,567,756
Lynas Rare Earths Ltd. (a)
 
535,107
2,580,514
Reliance Steel & Aluminum Co.
 
58,800
10,255,308
Wheaton Precious Metals Corp.
 
207,500
6,719,133
 
 
 
37,489,043
TOTAL MATERIALS
 
 
87,892,713
REAL ESTATE - 7.6%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 7.1%
 
 
 
Alexandria Real Estate Equities, Inc.
 
37,200
5,215,068
CubeSmart
 
113,500
4,546,810
Duke Realty Corp.
 
82,700
3,986,140
EastGroup Properties, Inc.
 
77,100
11,128,614
Equity Lifestyle Properties, Inc.
 
48,700
3,060,308
Highwoods Properties, Inc. (SBI)
 
174,200
4,696,432
Invitation Homes, Inc.
 
298,500
10,080,345
Lamar Advertising Co. Class A
 
135,900
11,210,391
Mid-America Apartment Communities, Inc.
 
31,700
4,915,719
National Retail Properties, Inc.
 
118,000
4,703,480
Ryman Hospitality Properties, Inc.
 
106,800
7,859,412
Sun Communities, Inc.
 
22,000
2,977,260
Terreno Realty Corp.
 
33,700
1,785,763
Ventas, Inc.
 
231,200
9,287,304
VICI Properties, Inc.
 
106,400
3,176,040
 
 
 
88,629,086
Real Estate Management & Development - 0.5%
 
 
 
CBRE Group, Inc. (a)
 
83,391
5,629,726
TOTAL REAL ESTATE
 
 
94,258,812
UTILITIES - 5.0%
 
 
 
Electric Utilities - 2.5%
 
 
 
Constellation Energy Corp.
 
104,700
8,709,993
OGE Energy Corp.
 
428,700
15,630,402
PG&E Corp. (a)
 
545,600
6,820,000
 
 
 
31,160,395
Independent Power and Renewable Electricity Producers - 2.0%
 
 
 
Clearway Energy, Inc. Class C
 
274,000
8,726,900
NextEra Energy Partners LP
 
125,000
9,038,750
The AES Corp.
 
290,300
6,560,780
 
 
 
24,326,430
Multi-Utilities - 0.5%
 
 
 
Black Hills Corp.
 
89,600
6,068,608
TOTAL UTILITIES
 
 
61,555,433
 
TOTAL COMMON STOCKS
 (Cost $1,063,572,709)
 
 
 
1,231,377,118
 
 
 
 
Money Market Funds - 3.4%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 3.10% (c)
 
9,131,291
9,133,118
Fidelity Securities Lending Cash Central Fund 3.10% (c)(d)
 
32,999,400
33,002,700
 
TOTAL MONEY MARKET FUNDS
 (Cost $42,135,818)
 
 
42,135,818
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 102.6%
 (Cost $1,105,708,527)
 
 
 
1,273,512,936
NET OTHER ASSETS (LIABILITIES) - (2.6)%  
(32,475,001)
NET ASSETS - 100.0%
1,241,037,935
 
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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)
Investment made with cash collateral received from securities on loan.
 
 
 
 
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
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 3.10%
19,460,777
178,829,980
189,157,639
128,429
-
-
9,133,118
0.0%
Fidelity Securities Lending Cash Central Fund 3.10%
60,658,850
276,058,361
303,714,511
34,489
-
-
33,002,700
0.1%
Total
80,119,627
454,888,341
492,872,150
162,918
-
-
42,135,818
 
 
 
 
 
 
 
 
 
 
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. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services 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 the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
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 service 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.
 
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.
 
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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