0001752724-23-090175.txt : 20230427 0001752724-23-090175.hdr.sgml : 20230427 20230427142953 ACCESSION NUMBER: 0001752724-23-090175 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230427 DATE AS OF CHANGE: 20230427 PERIOD START: 20231130 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: 23855332 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 GROWTH DATE OF NAME CHANGE: 19920703 0000722574 S000005123 Fidelity Advisor Equity Value Fund C000013996 Class A FAVAX C000013998 Class C FAVCX C000013999 Class M FAVTX C000014000 Class I FAIVX C000177519 Class Z FAEVX NPORT-P 1 primary_doc.xml NPORT-P false 0000722574 XXXXXXXX S000005123 C000014000 C000013996 C000013999 C000013998 C000177519 Fidelity Advisor Series I 811-03785 0000722574 C7J4FOV6ELAVE39B7M82 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Advisor Equity Value Fund S000005123 0OP0F3QERZODC7ZHX640 2023-11-30 2023-02-28 N 226005990.94 759273.78 225246717.16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1199.84000000 N EBAY INC OML71K8X303XQONU6T67 EBAY INC 278642103 21435.00000000 NS USD 983866.50000000 0.436795045186 Long EC CORP US N 1 N N N DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 DUKE ENERGY CORP NEW 26441C204 8802.00000000 NS USD 829676.52000000 0.368341226216 Long EC CORP US N 1 N N N AES CORP 2NUNNB7D43COUIRE5295 AES CORP 00130H105 62348.00000000 NS USD 1538748.64000000 0.683139208154 Long EC CORP US N 1 N N N COCA-COLA EUROPACIFIC PARTNERS PLC 549300LTH67W4GWMRF57 COCA-COLA EUROPACIFIC PARTNERS PLC N/A 27198.00000000 NS USD 1495890.00000000 0.664111787670 Long EC CORP GB N 1 N N N OPEN TEXT CORPORATION 549300UQROQS42RKHM85 OPEN TEXT CORPORATION 683715106 25503.00000000 NS USD 876793.14000000 0.389259009434 Long EC CORP CA N 1 N N N PROCTER and GAMBLE CO 2572IBTT8CCZW6AU4141 PROCTER and GAMBLE CO 742718109 21900.00000000 NS USD 3012564.00000000 1.337450790841 Long EC CORP US N 1 N N N ACTIVISION BLIZZARD INC 549300TPQQDBP9GNOF40 ACTIVISION BLIZZARD INC 00507V109 52962.00000000 NS USD 4038352.50000000 1.792857428031 Long EC CORP US N 1 N N N TE CONNECTIVITY LT 894500ZRIX9K13RHXR17 TE CONNECTIVITY LTD N/A 5320.00000000 NS USD 677342.40000000 0.300711330464 Long EC CORP CH N 1 N N N CONOCOPHILLIPS INC WPTL2Z3FIYTHSP5V2253 CONOCOPHILLIPS 20825C104 28484.00000000 NS USD 2943821.40000000 1.306931988673 Long EC CORP US N 1 N N N OSHKOSH CORP 549300FEKNPCFSA2B506 OSHKOSH CORP 688239201 22890.00000000 NS USD 2041559.10000000 0.906365751181 Long EC CORP US N 1 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN CO 842587107 35506.00000000 NS USD 2239008.36000000 0.994024857822 Long EC CORP US N 1 N N N PAREX RES INC 549300U7LWRGTY6XWK67 PAREX RESOURCES INC 69946Q104 70100.00000000 NS 1142560.64000000 0.507248520380 Long EC CORP CA N 1 N N N BRISTOL-MYERS SQUIBB CO HLYYNH7UQUORYSJQCN42 BRISTOL-MYERS SQUIBB CO 110122108 80083.00000000 NS USD 5522523.68000000 2.451766556081 Long EC CORP US N 1 N N N ITT INC 549300KDSERHTJOXUS80 ITT INC 45073V108 6632.00000000 NS USD 602782.48000000 0.267609884663 Long EC CORP US N 1 N N N SANOFI 549300E9PC51EN656011 SANOFI SPON ADR 80105N105 74706.00000000 NS USD 3499976.10000000 1.553841114369 Long EC CORP FR N 1 N N N REGENERON PHARMACEUTICALS INC 549300RCBFWIRX3HYQ56 REGENERON PHARMACEUTICALS INC 75886F107 1894.00000000 NS USD 1440235.48000000 0.639403538554 Long EC CORP US N 1 N N N CBRE GROUP INC 52990016II9MJ2OSWA10 CBRE GROUP INC - CL A 12504L109 17004.00000000 NS USD 1447720.56000000 0.642726596974 Long EC CORP US N 1 N N N NEXTERA ENERGY INC N/A NEXTERA ENERGY INC 65339F101 23200.00000000 NS USD 1647896.00000000 0.731596012042 Long EC CORP US N 1 N N N TYSON FOODS INC WD6L6041MNRW1JE49D58 TYSON FOODS INC CL A 902494103 25804.00000000 NS USD 1528628.96000000 0.678646498947 Long EC CORP US N 1 N N N H and R BLOCK INC 549300CE3KUCWLZBG404 BLOCK H and R INC 093671105 88569.00000000 NS USD 3259339.20000000 1.447008525182 Long EC CORP US N 1 N N N CHUBB LTD E0JAN6VLUDI1HITHT809 CHUBB LTD N/A 20702.00000000 NS USD 4368536.04000000 1.939444931797 Long EC CORP CH N 1 N N N ANTERO RESOURCES CORPORATION APVBKPOULHUX7YZLKU17 ANTERO RES CORP 03674X106 32921.00000000 NS USD 862530.20000000 0.382926868313 Long EC CORP US N 1 N N N LUNDIN MINING CORP 549300FQDIM6C8HTN269 LUNDIN MINING CORP 550372106 218273.00000000 NS 1358107.56000000 0.602942221366 Long EC CORP CA N 1 N N N BLACKROCK INC 549300LRIF3NWCU26A80 BLACKROCK INC 09247X101 5635.00000000 NS USD 3884938.05000000 1.724747911526 Long EC CORP US N 1 N N N ROCHE HOLDING AG 549300U41AUUVOAAOB37 ROCHE HOLDINGS AG (GENUSSCHEINE) N/A 9953.00000000 NS 2869837.87000000 1.274086435613 Long EC CORP CH N 2 N N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 REGAL REXNORD CORP 758750103 14387.00000000 NS USD 2267966.68000000 1.006881125103 Long EC CORP US N 1 N N N SPECTRUM BRANDS HOLDINGS INC 549300JM0MJETDD30O20 SPECTRUM BRANDS HOLDINGS INC 84790A105 13843.00000000 NS USD 886228.86000000 0.393448069376 Long EC CORP US N 1 N N N NXP SEMICONDUCTORS NV 724500M9BY5293JDF951 NXP SEMICONDUCTORS NV N/A 2722.00000000 NS USD 485822.56000000 0.215684635108 Long EC CORP NL N 1 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 DOMINION ENERGY INC 25746U109 39910.00000000 NS USD 2219794.20000000 0.985494584777 Long EC CORP US N 1 N N N CIGNA GROUP (THE) 549300VIWYMSIGT1U456 CIGNA GROUP (THE) 125523100 20623.00000000 NS USD 6023978.30000000 2.674391163588 Long EC CORP US N 1 N N N ASPEN TECHNOLOGY INC 254900545H80W6GA2J08 ASPEN TECHNOLOGY INC 29109X106 3620.00000000 NS USD 767476.20000000 0.340726919209 Long EC CORP US N 1 N N N BAXTER INTERNATIONAL INC. J5OIVXX3P24RJRW5CK77 BAXTER INTL INC 071813109 11300.00000000 NS USD 451435.00000000 0.200418015273 Long EC CORP US N 1 N N N UNILEVER PLC 549300MKFYEKVRWML317 UNILEVER PLC SPONS ADR 904767704 14033.00000000 NS USD 700667.69000000 0.311066771065 Long EC CORP GB N 1 N N N CAPGEMINI SA 96950077L0TN7BAROX36 CAPGEMINI SA (FF40) N/A 5010.00000000 NS 942440.84000000 0.418403807115 Long EC CORP FR N 1 N N N CRANE HOLDINGS CO 549300EXNPSXEWUD3N21 CRANE HOLDINGS CO 224441105 3300.00000000 NS USD 395274.00000000 0.175484910494 Long EC CORP US N 1 N N N OCCIDENTAL PETROLEUM CORP IM7X0T3ECJW4C1T7ON55 OCCIDENTAL PETROLEUM CORP 674599105 30645.00000000 NS USD 1794571.20000000 0.796713587050 Long EC CORP US N 1 N N N DOLLAR GEN CORP NEW OPX52SQVOZI8IVSWYU66 DOLLAR GENERAL CORP 256677105 13563.00000000 NS USD 2933676.90000000 1.302428260437 Long EC CORP US N 1 N N N RECKITT BENCKISER GROUP PLC 5493003JFSMOJG48V108 RECKITT BENCKISER GROUP PLC N/A 22836.00000000 NS 1584476.25000000 0.703440329776 Long EC CORP GB N 2 N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 PG and E CORP 69331C108 344453.00000000 NS USD 5380355.86000000 2.388650066841 Long EC CORP US N 1 N N N ELEVANCE HEALTH INC 8MYN82XMYQH89CTMTH67 ELEVANCE HEALTH INC 036752103 7222.00000000 NS USD 3391956.74000000 1.505885094694 Long EC CORP US N 1 N N N WILLIS TOWERS WATSON PLC 549300WHC56FF48KL350 WILLIS TOWERS WATSON PLC N/A 13544.00000000 NS USD 3174171.84000000 1.409197825398 Long EC CORP IE N 1 N N N MONDELEZ INTERNATIONAL INC 549300DV9GIB88LZ5P30 MONDELEZ INTL INC 609207105 66441.00000000 NS USD 4330624.38000000 1.922613760858 Long EC CORP US N 1 N N N EATON CORP PLC 549300VDIGTMXUNT7H71 EATON CORP PLC N/A 3056.00000000 NS USD 534586.08000000 0.237333572156 Long EC CORP IE N 1 N N N M and T BANK CORP 549300WYXDDBYRASEG81 M and T BANK CORP 55261F104 16319.00000000 NS USD 2534177.51000000 1.125067455788 Long EC CORP US N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 PARKER HANNIFIN CORP 701094104 1300.00000000 NS USD 457405.00000000 0.203068442358 Long EC CORP US N 1 N N N L3HARRIS TECHNOLOGIES INC 549300UTE50ZMDBG8A20 L3HARRIS TECHNOLOGIES INC 502431109 9464.00000000 NS USD 1998702.16000000 0.887339085426 Long EC CORP US N 1 N N N AIRBUS SE MINO79WLOO247M1IL051 AIRBUS SE N/A 5494.00000000 NS 719552.25000000 0.319450715674 Long EC CORP NL N 2 N N N ASTRAZENECA PLC PY6ZZQWO2IZFZC3IOL08 ASTRAZENECA PLC SPONS ADR 046353108 52013.00000000 NS USD 3390207.34000000 1.505108435206 Long EC CORP GB N 1 N N N MAXIMUS INC 549300DQCDS8HJ7QF202 MAXIMUS INC 577933104 16399.00000000 NS USD 1346029.92000000 0.597580260867 Long EC CORP US N 1 N N N NORTHERN TRUST CORP 549300GLF98S992BC502 NORTHERN TRUST CORP 665859104 14605.00000000 NS USD 1391418.35000000 0.617730800938 Long EC CORP US N 1 N N N CLOROX CO 54930044KVSC06Z79I06 CLOROX CO 189054109 8314.00000000 NS USD 1292328.16000000 0.573738954464 Long EC CORP US N 1 N N N COMCAST CORP NEW 51M0QTTNCGUN7KFCFZ59 COMCAST CORP CL A 20030N101 169874.00000000 NS USD 6314216.58000000 2.803244664167 Long EC CORP US N 1 N N N SAMSUNG ELECTRONICS CO LTD 9884007ER46L6N7EI764 SAMSUNG ELECTRONICS CO LTD PFD N/A 62731.00000000 NS 2535468.33000000 1.125640525184 Long EP CORP KR N 1 N N N BERKSHIRE HATHAWAY INC DEL 5493000C01ZX7D35SD85 BERKSHIRE HATHAWAY INC CL B 084670702 36246.00000000 NS USD 11061554.28000000 4.910861485338 Long EC CORP US N 1 N N N CULLEN/FROST BANKERS INC 529900V2E9G9AY665O34 CULLEN FROST BANKERS INC 229899109 4351.00000000 NS USD 573548.82000000 0.254631378086 Long EC CORP US N 1 N N N PORTLAND GENERAL ELECTRIC CO GJOUP9M7C39GLSK9R870 PORTLAND GENERAL ELECTRIC CO 736508847 25756.00000000 NS USD 1231136.80000000 0.546572582953 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 5768814.11500000 NS USD 5769967.88000000 2.561621298081 Long STIV RF US N 1 N N N LOCKHEED MARTIN CORP DPRBOZP0K5RM2YE8UU08 LOCKHEED MARTIN CORP 539830109 4798.00000000 NS USD 2275499.48000000 1.010225369182 Long EC CORP US N 1 N N N EQUINOR ASA OW6OFBNCKXC4US5C7523 EQUINOR ASA SPONS ADR 29446M102 51771.00000000 NS USD 1579533.21000000 0.701245829424 Long EC CORP NO N 1 N N N SIEMENS AG W38RGI023J3WT1HWRP32 SIEMENS AG (REGD) N/A 9045.00000000 NS 1378385.19000000 0.611944630039 Long EC CORP DE N 2 N N N VERTEX PHARMACEUTICALS INC 54930015RAQRRZ5ZGJ91 VERTEX PHARMACEUTICALS INC 92532F100 8389.00000000 NS USD 2435242.81000000 1.081144640287 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 EXXON MOBIL CORP 30231G102 102081.00000000 NS USD 11219722.71000000 4.981081567564 Long EC CORP US N 1 N N N AFFILIATED MANAGERS GROUP INC 2JE75BUE3T1BLCYYGK54 AFFILIATED MANAGERS GRP INC 008252108 10115.00000000 NS USD 1612432.15000000 0.715851565043 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 34602.00000000 NS USD 2591343.78000000 1.150446857859 Long EC CORP US N 1 N N N DEUTSCHE POST AG 8ER8GIG7CSMVD8VUFE78 DEUTSCHE POST AG N/A 11279.00000000 NS 476999.92000000 0.211767756713 Long EC CORP DE N 2 N N N NORTHROP GRUMMAN CORP RIMU48P07456QXSO0R61 NORTHROP GRUMMAN CORP 666807102 7616.00000000 NS USD 3534661.76000000 1.569240077976 Long EC CORP US N 1 N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 BOEING CO 097023105 13309.00000000 NS USD 2682428.95000000 1.190884814580 Long EC CORP US N 1 N N N TRAVELERS COS INC 549300Y650407RU8B149 TRAVELERS COMPANIES INC 89417E109 23686.00000000 NS USD 4384752.32000000 1.946644273126 Long EC CORP US N 1 N N N EVERGY INC 549300PGTHDQY6PSUI61 EVERGY INC 30034W106 37481.00000000 NS USD 2204257.61000000 0.978596997013 Long EC CORP US N 1 N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 EDISON INTL 281020107 10100.00000000 NS USD 668721.00000000 0.296883794104 Long EC CORP US N 1 N N N PENTAIR PLC 549300EVR9D56WPSRP15 PENTAIR PLC N/A 25985.00000000 NS USD 1453600.90000000 0.645337218818 Long EC CORP IE N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 46625H100 45254.00000000 NS USD 6487160.90000000 2.880024615582 Long EC CORP US N 1 N N N CENTENE CORP DEL 549300Z7JJ4TQSQGT333 CENTENE CORP 15135B101 73501.00000000 NS USD 5027468.40000000 2.231982984430 Long EC CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO 949746101 69072.00000000 NS USD 3230497.44000000 1.434204005603 Long EC CORP US N 1 N N N DUPONT DE NEMOURS INC 5493004JF0SDFLM8GD76 DUPONT DE NEMOURS INC 26614N102 47263.00000000 NS USD 3451616.89000000 1.532371673833 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 060505104 140616.00000000 NS USD 4823128.80000000 2.141264858734 Long EC CORP US N 1 N N N HUMANA INC 529900YLDW34GJAO4J06 HUMANA INC 444859102 6482.00000000 NS USD 3208719.64000000 1.424535585005 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 10673.00000000 NS USD 5079707.62000000 2.255174985032 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 EXELON CORP 30161N101 15384.00000000 NS USD 621359.76000000 0.275857409969 Long EC CORP US N 1 N N N GEN DIGITAL INC YF6ZV0M6AU4FY94MK914 GEN DIGITAL INC 668771108 81695.00000000 NS USD 1593869.45000000 0.707610512639 Long EC CORP US N 1 N N N ROSS STORES INC 549300ENZFLPGRDFZQ60 ROSS STORES INC 778296103 18340.00000000 NS USD 2027303.60000000 0.900036913106 Long EC CORP US N 1 N N N US FOODS HOLDING CORP 549300UGOZSO64CFPR97 US FOODS HOLDING CORP 912008109 48456.00000000 NS USD 1818553.68000000 0.807360792170 Long EC CORP US N 1 N N N AMDOCS LIMITED 549300HQV672RJ7RQV66 AMDOCS LTD N/A 26641.00000000 NS USD 2440582.01000000 1.083515018896 Long EC CORP GG N 1 N N N OVINTIV INC N/A OVINTIV INC 69047Q102 25172.00000000 NS USD 1076606.44000000 0.477967649683 Long EC CORP US N 1 N N N INVESCO LTD ECPGFXU8A2SHKVVGJI15 INVESCO LTD N/A 20478.00000000 NS USD 361641.48000000 0.160553496432 Long EC CORP BM N 1 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 72002.00000000 NS USD 3486336.84000000 1.547785860747 Long EC CORP US N 1 N N N COGNIZANT TECHNOLOGY SOLUTIONS CORP 5493006IEVQEFQO40L83 COGNIZANT TECH SOLUTIONS CL A 192446102 25834.00000000 NS USD 1617983.42000000 0.718316093748 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 47690.00000000 NS USD 4294961.40000000 1.906780908575 Long EC CORP US N 1 N N N NEWMONT CORP 549300VSP3RIX7FGDZ51 NEWMONT CORP 651639106 14962.00000000 NS USD 652492.82000000 0.289679169679 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 17055.00000000 NS USD 2693325.60000000 1.195722465551 Long EC CORP US N 1 N N N 2023-03-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_150_20230228.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Advisor® Equity Value Fund
February 28, 2023
AEV-NPRT1-0423
1.797934.119
Common Stocks - 96.2%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 6.5%
 
 
 
Entertainment - 1.8%
 
 
 
Activision Blizzard, Inc.
 
52,962
4,038,353
Interactive Media & Services - 1.9%
 
 
 
Alphabet, Inc. Class A (a)
 
47,690
4,294,961
Media - 2.8%
 
 
 
Comcast Corp. Class A
 
169,874
6,314,217
TOTAL COMMUNICATION SERVICES
 
 
14,647,531
CONSUMER DISCRETIONARY - 4.1%
 
 
 
Diversified Consumer Services - 1.5%
 
 
 
H&R Block, Inc.
 
88,569
3,259,339
Internet & Direct Marketing Retail - 0.4%
 
 
 
eBay, Inc.
 
21,435
983,867
Multiline Retail - 1.3%
 
 
 
Dollar General Corp.
 
13,563
2,933,677
Specialty Retail - 0.9%
 
 
 
Ross Stores, Inc.
 
18,340
2,027,304
TOTAL CONSUMER DISCRETIONARY
 
 
9,204,187
CONSUMER STAPLES - 7.4%
 
 
 
Beverages - 0.7%
 
 
 
Coca-Cola European Partners PLC
 
27,198
1,495,890
Food & Staples Retailing - 0.8%
 
 
 
U.S. Foods Holding Corp. (a)
 
48,456
1,818,554
Food Products - 2.6%
 
 
 
Mondelez International, Inc.
 
66,441
4,330,624
Tyson Foods, Inc. Class A
 
25,804
1,528,629
 
 
 
5,859,253
Household Products - 3.0%
 
 
 
Procter & Gamble Co.
 
21,900
3,012,564
Reckitt Benckiser Group PLC
 
22,836
1,584,476
Spectrum Brands Holdings, Inc.
 
13,843
886,229
The Clorox Co.
 
8,314
1,292,328
 
 
 
6,775,597
Personal Products - 0.3%
 
 
 
Unilever PLC sponsored ADR
 
14,033
700,668
TOTAL CONSUMER STAPLES
 
 
16,649,962
ENERGY - 9.1%
 
 
 
Oil, Gas & Consumable Fuels - 9.1%
 
 
 
Antero Resources Corp. (a)
 
32,921
862,530
ConocoPhillips Co.
 
28,484
2,943,821
Equinor ASA sponsored ADR
 
51,771
1,579,533
Exxon Mobil Corp.
 
102,081
11,219,722
Occidental Petroleum Corp.
 
30,645
1,794,571
Ovintiv, Inc.
 
25,172
1,076,606
Parex Resources, Inc.
 
70,100
1,142,561
 
 
 
20,619,344
FINANCIALS - 22.4%
 
 
 
Banks - 9.0%
 
 
 
Bank of America Corp.
 
140,616
4,823,129
Cullen/Frost Bankers, Inc.
 
4,351
573,549
JPMorgan Chase & Co.
 
45,254
6,487,161
M&T Bank Corp.
 
16,319
2,534,178
PNC Financial Services Group, Inc.
 
17,055
2,693,326
Wells Fargo & Co.
 
69,072
3,230,497
 
 
 
20,341,840
Capital Markets - 3.2%
 
 
 
Affiliated Managers Group, Inc.
 
10,115
1,612,432
BlackRock, Inc. Class A
 
5,635
3,884,938
Invesco Ltd.
 
20,478
361,641
Northern Trust Corp.
 
14,605
1,391,418
 
 
 
7,250,429
Diversified Financial Services - 4.9%
 
 
 
Berkshire Hathaway, Inc. Class B (a)
 
36,246
11,061,554
Insurance - 5.3%
 
 
 
Chubb Ltd.
 
20,702
4,368,536
The Travelers Companies, Inc.
 
23,686
4,384,752
Willis Towers Watson PLC
 
13,544
3,174,172
 
 
 
11,927,460
TOTAL FINANCIALS
 
 
50,581,283
HEALTH CARE - 18.8%
 
 
 
Biotechnology - 1.7%
 
 
 
Regeneron Pharmaceuticals, Inc. (a)
 
1,894
1,440,235
Vertex Pharmaceuticals, Inc. (a)
 
8,389
2,435,243
 
 
 
3,875,478
Health Care Equipment & Supplies - 0.2%
 
 
 
Baxter International, Inc.
 
11,300
451,435
Health Care Providers & Services - 10.1%
 
 
 
Centene Corp. (a)
 
73,501
5,027,468
Cigna Group
 
20,623
6,023,978
Elevance Health, Inc.
 
7,222
3,391,957
Humana, Inc.
 
6,482
3,208,720
UnitedHealth Group, Inc.
 
10,673
5,079,708
 
 
 
22,731,831
Pharmaceuticals - 6.8%
 
 
 
AstraZeneca PLC sponsored ADR
 
52,013
3,390,207
Bristol-Myers Squibb Co.
 
80,083
5,522,524
Roche Holding AG (participation certificate)
 
9,953
2,869,838
Sanofi SA sponsored ADR
 
74,706
3,499,976
 
 
 
15,282,545
TOTAL HEALTH CARE
 
 
42,341,289
INDUSTRIALS - 9.2%
 
 
 
Aerospace & Defense - 5.0%
 
 
 
Airbus Group NV
 
5,494
719,552
L3Harris Technologies, Inc.
 
9,464
1,998,702
Lockheed Martin Corp.
 
4,798
2,275,499
Northrop Grumman Corp.
 
7,616
3,534,662
The Boeing Co. (a)
 
13,309
2,682,429
 
 
 
11,210,844
Air Freight & Logistics - 0.2%
 
 
 
Deutsche Post AG
 
11,279
477,000
Electrical Equipment - 1.2%
 
 
 
Eaton Corp. PLC
 
3,056
534,586
Regal Rexnord Corp.
 
14,387
2,267,967
 
 
 
2,802,553
Industrial Conglomerates - 0.6%
 
 
 
Siemens AG
 
9,045
1,378,385
Machinery - 2.2%
 
 
 
Crane Holdings Co.
 
3,300
395,274
ITT, Inc.
 
6,632
602,782
Oshkosh Corp.
 
22,890
2,041,559
Parker Hannifin Corp.
 
1,300
457,405
Pentair PLC
 
25,985
1,453,601
 
 
 
4,950,621
TOTAL INDUSTRIALS
 
 
20,819,403
INFORMATION TECHNOLOGY - 6.3%
 
 
 
Communications Equipment - 1.6%
 
 
 
Cisco Systems, Inc.
 
72,002
3,486,337
Electronic Equipment & Components - 0.3%
 
 
 
TE Connectivity Ltd.
 
5,320
677,342
IT Services - 2.8%
 
 
 
Amdocs Ltd.
 
26,641
2,440,582
Capgemini SA
 
5,010
942,441
Cognizant Technology Solutions Corp. Class A
 
25,834
1,617,983
Maximus, Inc.
 
16,399
1,346,030
 
 
 
6,347,036
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
NXP Semiconductors NV
 
2,722
485,823
Software - 1.4%
 
 
 
Aspen Technology, Inc. (a)
 
3,620
767,476
Gen Digital, Inc.
 
81,695
1,593,869
Open Text Corp.
 
25,503
876,793
 
 
 
3,238,138
TOTAL INFORMATION TECHNOLOGY
 
 
14,234,676
MATERIALS - 2.4%
 
 
 
Chemicals - 1.5%
 
 
 
DuPont de Nemours, Inc.
 
47,263
3,451,617
Metals & Mining - 0.9%
 
 
 
Lundin Mining Corp.
 
218,273
1,358,108
Newmont Corp.
 
14,962
652,493
 
 
 
2,010,601
TOTAL MATERIALS
 
 
5,462,218
REAL ESTATE - 0.6%
 
 
 
Real Estate Management & Development - 0.6%
 
 
 
CBRE Group, Inc. (a)
 
17,004
1,447,721
UTILITIES - 9.4%
 
 
 
Electric Utilities - 7.7%
 
 
 
Constellation Energy Corp.
 
34,602
2,591,344
Duke Energy Corp.
 
8,802
829,677
Edison International
 
10,100
668,721
Evergy, Inc.
 
37,481
2,204,258
Exelon Corp.
 
15,384
621,360
NextEra Energy, Inc.
 
23,200
1,647,896
PG&E Corp. (a)
 
344,453
5,380,356
Portland General Electric Co.
 
25,756
1,231,137
Southern Co.
 
35,506
2,239,008
 
 
 
17,413,757
Independent Power and Renewable Electricity Producers - 0.7%
 
 
 
The AES Corp.
 
62,348
1,538,749
Multi-Utilities - 1.0%
 
 
 
Dominion Energy, Inc.
 
39,910
2,219,794
TOTAL UTILITIES
 
 
21,172,300
 
TOTAL COMMON STOCKS
 (Cost $182,288,321)
 
 
 
217,179,914
 
 
 
 
Nonconvertible Preferred Stocks - 1.1%
 
 
Shares
Value ($)
 
INFORMATION TECHNOLOGY - 1.1%
 
 
 
Technology Hardware, Storage & Peripherals - 1.1%
 
 
 
Samsung Electronics Co. Ltd.
 
  (Cost $2,771,608)
 
 
62,731
2,535,468
 
 
 
 
Money Market Funds - 2.6%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 4.63% (b)
 
 (Cost $5,769,968)
 
 
5,768,814
5,769,968
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.9%
 (Cost $190,829,897)
 
 
 
225,485,350
NET OTHER ASSETS (LIABILITIES) - 0.1%  
265,042
NET ASSETS - 100.0%
225,750,392
 
 
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.
 
 
 
 
 
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 4.63%
2,498,638
19,526,732
16,255,402
43,159
-
-
5,769,968
0.0%
Fidelity Securities Lending Cash Central Fund 4.63%
1,345,750
5,913,946
7,259,696
201
-
-
-
0.0%
Total
3,844,388
25,440,678
23,515,098
43,360
-
-
5,769,968
 
 
 
 
 
 
 
 
 
 
Amounts in the dividend 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.
 
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.