0001752724-23-115281.txt : 20230525 0001752724-23-115281.hdr.sgml : 20230525 20230525085004 ACCESSION NUMBER: 0001752724-23-115281 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230525 DATE AS OF CHANGE: 20230525 PERIOD START: 20231231 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: 23956366 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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5493000ZZ1837DS2SI43 NOMAD FOODS LTD N/A 269300.00000000 NS USD 5046682.00000000 0.374520454072 Long EC CORP VG N 1 N N N COMMERCIAL METALS CO 549300OQS2LO07ZJ7N73 COMMERCIAL METALS CO 201723103 109800.00000000 NS USD 5369220.00000000 0.398456394204 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 23858794.65900000 NS USD 23863566.42000000 1.770944500050 Long STIV RF US N 1 N N N LEGEND BIOTECH CORP 254900EIUFZTW136H859 LEGEND BIOTECH CORP SPON ADR 52490G102 41800.00000000 NS USD 2015596.00000000 0.149579848531 Long EC CORP KY N 1 N N N ELEMENT SOLUTIONS INC 549300FLGN6P5CU20J91 ELEMENT SOLUTIONS INC 28618M106 552000.00000000 NS USD 10659120.00000000 0.791026354030 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 ICON PLC N/A 14700.00000000 NS USD 3139773.00000000 0.233006400966 Long EC CORP IE N 1 N N N MOLINA HEALTHCARE INC 549300NQQCEQ46YHZ591 MOLINA HEALTHCARE INC 60855R100 24600.00000000 NS USD 6580254.00000000 0.488328711020 Long EC CORP US N 1 N N N ACADEMY SPORTS and OUTDOORS INC N/A ACADEMY SPORTS and OUTDOORS INC 00402L107 139400.00000000 NS USD 9095850.00000000 0.675014172118 Long EC CORP US N 1 N N N WILLIAMS-SONOMA INC 549300IARG6YWVTZ1I92 WILLIAMS-SONOMA INC 969904101 83800.00000000 NS USD 10195108.00000000 0.756591455034 Long EC CORP US N 1 N N BAKER HUGHES CO N/A BAKER HUGHES CO 05722G100 247600.00000000 NS USD 7145736.00000000 0.530293823031 Long EC CORP US N 1 N N N CONCENTRIX CORP N/A CONCENTRIX CORP 20602D101 89900.00000000 NS USD 10927345.00000000 0.810931659891 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 111200.00000000 NS USD 8729200.00000000 0.647804626423 Long EC CORP US N 1 N N N MARTIN MARIETTA MATERIALS INC 5299005MZ4WZECVATV08 MARTIN MARIETTA MATERIALS INC 573284106 28700.00000000 NS USD 10190222.00000000 0.756228858988 Long EC CORP US N 1 N N N ENVISTA HOLDINGS CORPORATION 549300BX623VURJZ5269 ENVISTA HOLDINGS CORP 29415F104 102200.00000000 NS USD 4177936.00000000 0.310049749083 Long EC CORP US N 1 N N N UCB SA 2138008J191VLSGY5A09 UCB SA N/A 94800.00000000 NS 8475705.86000000 0.628992515730 Long EC CORP BE N 1 N N N AXALTA COATING SYSTEMS LTD 529900AGLPA40GV6H619 AXALTA COATING SYSTEMS LTD N/A 253900.00000000 NS USD 7690631.00000000 0.570731148549 Long EC CORP BM N 1 N N N GENERAC HOLDINGS INC 529900S2H2AHJHSFFI84 GENERAC HOLDINGS INC 368736104 65600.00000000 NS USD 7085456.00000000 0.525820370380 Long EC CORP US N 1 N N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 BUILDERS FIRSTSOURCE 12008R107 179700.00000000 NS USD 15953766.00000000 1.183948520331 Long EC CORP US N 1 N N N CDW CORP 9845001B052ABF0B6755 CDW CORPORATION 12514G108 36651.00000000 NS USD 7142913.39000000 0.530084353684 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 216800.00000000 NS USD 9185816.00000000 0.681690659198 Long EC CORP US N 1 N N N ASSOCIATED BANC CORP 549300N3CIN473IW5094 ASSOCIATED BANC CORP 045487105 251200.00000000 NS USD 4516576.00000000 0.335180638362 Long EC CORP US N 1 N N N GENPACT LTD 529900OSEC6Q0L4L5B35 GENPACT LTD N/A 175943.00000000 NS USD 8132085.46000000 0.603492024866 Long EC CORP BM N 1 N N N NOW INC 549300AVH5SOCFVVDW91 NOW INC 67011P100 389600.00000000 NS USD 4344040.00000000 0.322376530423 Long EC CORP US N 1 N N N EQUITY LIFESTYLE PROPERTIES INC 529900PEQG66LENB6798 EQUITY LIFESTYLE PPTYS INC 29472R108 57100.00000000 NS USD 3833123.00000000 0.284460753912 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 27371762.83500000 NS USD 27374500.01000000 2.031495183122 Long STIV RF US N 1 N N WILLSCOT MOBILE MINI HOLDINGS CORP 549300HJ4VIXF476Q166 WILLSCOT MOBILE MINI HOLDINGS CORP 971378104 315600.00000000 NS USD 14795328.00000000 1.097979417112 Long EC CORP US N 1 N N N ASSURANT INC H3F39CAXWQRVWURFXL38 ASSURANT INC 04621X108 42100.00000000 NS USD 5054947.00000000 0.375133809848 Long EC CORP US N 1 N N N EURONET WORLDWIDE INC YG3575C4DSHJPA5KET68 EURONET WORLDWIDE INC 298736109 82291.00000000 NS USD 9208362.90000000 0.683363892270 Long EC CORP US N 1 N N N ZOOM VIDEO COMMUNICATIONS INC 549300T9GCHU0ODOM055 ZOOM VIDEO COMMUNICATIONS INC CL A 98980L101 47700.00000000 NS USD 3522168.00000000 0.261384402401 Long EC CORP US N 1 N N N ESSEX PROPERTY TRUST INC 549300TR2H2VEFX0NC60 ESSEX PROPERTY TRUST INC 297178105 18500.00000000 NS USD 3869090.00000000 0.287129909046 Long EC CORP US N 1 N N N NEXTIER OILFIELD SOLUTIONS INC 529900L27H2D4QT0IT24 NEXTIER OILFIELD SOLUTIONS INC 65290C105 680900.00000000 NS USD 5413155.00000000 0.401716864380 Long EC CORP US N 1 N N N BJS WHOLESALE CLUB HOLDINGS INC 549300UCIWH1C93V0J03 BJS WHSL CLUB HLDGS INC 05550J101 213700.00000000 NS USD 16256159.00000000 1.206389475333 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 AMETEK INC NEW 031100100 81500.00000000 NS USD 11844395.00000000 0.878987063899 Long EC CORP US N 1 N N N TMX GROUP LTD 549300N65GFVKSHGJW59 TMX GROUP LTD 87262K105 57300.00000000 NS 5787236.40000000 0.429477903373 Long EC CORP CA N 1 N N N DECKERS OUTDOOR CORP 5493008LG4W3I6K8J118 DECKERS OUTDOOR CORP 243537107 58575.00000000 NS USD 26332391.25000000 1.954159015322 Long EC CORP US N 1 N N N EASTGROUP PROPERTIES INC 31TIGQQZC4P6JMHKSW85 EASTGROUP PPTYS INC 277276101 75500.00000000 NS USD 12481660.00000000 0.926279280283 Long EC CORP US N 1 N N N EQUITABLE HOLDINGS INC 549300FIBAKMNHPZ4009 EQUITABLE HOLDINGS INC 29452E101 234900.00000000 NS USD 5964111.00000000 0.442603984134 Long EC CORP US N 1 N N N OLAPLEX HOLDINGS INC N/A OLAPLEX HOLDINGS INC 679369108 440700.00000000 NS USD 1881789.00000000 0.139649867130 Long EC CORP US N 1 N N N SHIFT4 PAYMENTS INC N/A SHIFT4 PAYMENTS INC 82452J109 86700.00000000 NS USD 6571860.00000000 0.487705781997 Long EC CORP US N 1 N N N RXO INC N/A RXO INC 74982T103 177500.00000000 NS USD 3486100.00000000 0.258707751933 Long EC CORP US N 1 N N N DYNATRACE INC N/A DYNATRACE INC 268150109 296100.00000000 NS USD 12525030.00000000 0.929497821117 Long EC CORP US N 1 N N N US FOODS HOLDING CORP 549300UGOZSO64CFPR97 US FOODS HOLDING CORP 912008109 321100.00000000 NS USD 11861434.00000000 0.880251548964 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A EAST WEST BANCORP INC 27579R104 206100.00000000 NS USD 11438550.00000000 0.848868809235 Long EC CORP US N 1 N N N OVINTIV INC 2549003MEX7YMKLGI239 OVINTIV INC 69047Q102 69800.00000000 NS USD 2518384.00000000 0.186892361993 Long EC CORP US N 1 N N N HUNT (JB) TRANSPORT SERVICES 549300XCD1MPI1C5GK90 HUNT J B TRANSPORT SERVICES IN 445658107 26500.00000000 NS USD 4649690.00000000 0.345059191384 Long EC CORP US N 1 N N N RANGE RESOURCES CORP H3Y3WLYCX0BTO1TRW162 RANGE RESOURCES CORP 75281A109 145297.00000000 NS USD 3846011.59000000 0.285417231966 Long EC CORP US N 1 N N N BIO-RAD LABORATORIES INC 549300ZC1GPV35XYDK53 BIO RAD LABS CL A 090572207 11500.00000000 NS USD 5508730.00000000 0.408809602222 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 5139450.00000000 0.381404881005 Long EC CORP US N 1 N N N NEW FORTRESS ENERGY INC N/A NEW FORTRESS ENERGY INC 644393100 157714.00000000 NS USD 4641523.02000000 0.344453109793 Long EC CORP US N 1 N N N AMERIPRISE FINL INC 6ZLKQF7QB6JAEKQS5388 AMERIPRISE FINANCIAL INC 03076C106 24787.00000000 NS USD 7597215.50000000 0.563798669848 Long EC CORP US N 1 N N N AGNICO EAGLE MINES LTD YGE0EUBRF7IJOB3QRX76 AGNICO EAGLE MINES LTD 008474108 62706.00000000 NS 3196776.47000000 0.237236698312 Long EC CORP CA N 1 N N N CADENCE BANK Q7C315HKI8VX0SSKBS64 CADENCE BANK 12740C103 119600.00000000 NS USD 2482896.00000000 0.184258754035 Long EC CORP US N 1 N N N MASIMO CORP 549300Q4A8JK0PIYCU29 MASIMO CORP 574795100 45500.00000000 NS USD 8396570.00000000 0.623119746607 Long EC CORP US N 1 N N N CELANESE CORP DEL 549300FHJQTDPPN41627 CELANESE CORP 150870103 66900.00000000 NS USD 7284741.00000000 0.540609554380 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 24600.00000000 NS USD 3876960.00000000 0.287713951388 Long EC CORP US N 1 N N N WHEATON PRECIOUS METALS CORP 549300XSFG5ZCGVYD886 WHEATON PRECIOUS METALS CORP 962879102 194700.00000000 NS 9377005.55000000 0.695879069936 Long EC CORP CA N 1 N N N LAMAR ADVERTISING CO 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO CL A 512816109 128300.00000000 NS USD 12815887.00000000 0.951082675425 Long EC CORP US N 1 N N N DRIVEN BRANDS HOLDINGS INC N/A DRIVEN BRANDS HOLDINGS INC 26210V102 227500.00000000 NS USD 6895525.00000000 0.511725358179 Long EC CORP US N 1 N N N 2023-04-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_1359_20230331.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity Advisor® Mid Cap II Fund
March 31, 2023
AMP-NPRT1-0523
1.814652.118
Common Stocks - 96.2%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 2.1%
 
 
 
Entertainment - 0.8%
 
 
 
Endeavor Group Holdings, Inc. (a)
 
179,600
4,297,828
Live Nation Entertainment, Inc. (a)
 
36,300
2,541,000
Spotify Technology SA (a)
 
28,900
3,861,618
 
 
 
10,700,446
Interactive Media & Services - 0.8%
 
 
 
Bumble, Inc. (a)
 
267,800
5,235,490
IAC, Inc. (a)
 
107,500
5,547,000
 
 
 
10,782,490
Media - 0.5%
 
 
 
Interpublic Group of Companies, Inc.
 
180,594
6,725,321
TOTAL COMMUNICATION SERVICES
 
 
28,208,257
CONSUMER DISCRETIONARY - 12.5%
 
 
 
Distributors - 0.2%
 
 
 
Pool Corp.
 
8,100
2,773,764
Diversified Consumer Services - 0.5%
 
 
 
European Wax Center, Inc. (b)
 
92,148
1,750,812
Grand Canyon Education, Inc. (a)
 
43,600
4,966,040
 
 
 
6,716,852
Hotels, Restaurants & Leisure - 4.3%
 
 
 
Amadeus IT Holding SA Class A (a)
 
112,300
7,533,484
ARAMARK Holdings Corp.
 
252,800
9,050,240
Bowlero Corp. Class A (a)
 
318,737
5,402,592
Caesars Entertainment, Inc. (a)
 
68,649
3,350,758
Churchill Downs, Inc.
 
82,000
21,078,100
Jubilant Foodworks Ltd.
 
152,980
821,851
Light & Wonder, Inc. Class A (a)
 
87,600
5,260,380
Noodles & Co. (a)
 
617,600
2,995,360
Xponential Fitness, Inc. (a)(b)
 
137,150
4,167,989
 
 
 
59,660,754
Household Durables - 1.7%
 
 
 
KB Home
 
73,100
2,937,158
NVR, Inc. (a)
 
1,515
8,441,868
Taylor Morrison Home Corp. (a)
 
264,600
10,123,596
Vizio Holding Corp. (a)(b)
 
189,300
1,737,774
 
 
 
23,240,396
Leisure Products - 0.4%
 
 
 
YETI Holdings, Inc. (a)
 
121,700
4,868,000
Specialty Retail - 3.5%
 
 
 
Academy Sports & Outdoors, Inc.
 
139,400
9,095,850
America's Car Mart, Inc. (a)
 
20,200
1,600,042
Dick's Sporting Goods, Inc.
 
78,400
11,124,176
Five Below, Inc. (a)
 
52,800
10,875,216
Floor & Decor Holdings, Inc. Class A (a)(b)
 
30,900
3,034,998
Revolve Group, Inc. (a)(b)
 
70,700
1,859,410
Williams-Sonoma, Inc. (b)
 
83,800
10,195,108
 
 
 
47,784,800
Textiles, Apparel & Luxury Goods - 1.9%
 
 
 
Deckers Outdoor Corp. (a)
 
58,575
26,332,392
TOTAL CONSUMER DISCRETIONARY
 
 
171,376,958
CONSUMER STAPLES - 4.7%
 
 
 
Beverages - 0.5%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
21,600
7,099,920
Food & Staples Retailing - 3.5%
 
 
 
BJ's Wholesale Club Holdings, Inc. (a)
 
213,700
16,256,159
Performance Food Group Co. (a)
 
208,400
12,574,856
Sprouts Farmers Market LLC (a)
 
211,100
7,394,833
U.S. Foods Holding Corp. (a)
 
321,100
11,861,434
 
 
 
48,087,282
Food Products - 0.6%
 
 
 
Nomad Foods Ltd. (a)
 
269,300
5,046,682
Westrock Coffee Holdings (b)
 
209,326
2,562,150
 
 
 
7,608,832
Personal Products - 0.1%
 
 
 
Olaplex Holdings, Inc. (a)
 
440,700
1,881,789
TOTAL CONSUMER STAPLES
 
 
64,677,823
ENERGY - 4.1%
 
 
 
Energy Equipment & Services - 2.2%
 
 
 
Baker Hughes Co. Class A
 
247,600
7,145,736
Nextier Oilfield Solutions, Inc. (a)
 
680,900
5,413,155
NOV, Inc.
 
143,800
2,661,738
TechnipFMC PLC (a)
 
766,500
10,462,725
Valaris Ltd. (a)
 
83,807
5,452,483
 
 
 
31,135,837
Oil, Gas & Consumable Fuels - 1.9%
 
 
 
Antero Resources Corp. (a)
 
168,800
3,897,592
Cheniere Energy, Inc.
 
24,600
3,876,960
Hess Corp.
 
26,700
3,533,478
Magnolia Oil & Gas Corp. Class A
 
155,000
3,391,400
New Fortress Energy, Inc.
 
157,714
4,641,523
Ovintiv, Inc.
 
69,800
2,518,384
Range Resources Corp.
 
145,297
3,846,012
 
 
 
25,705,349
TOTAL ENERGY
 
 
56,841,186
FINANCIALS - 13.1%
 
 
 
Banks - 3.6%
 
 
 
Associated Banc-Corp.
 
251,200
4,516,576
Bancorp, Inc., Delaware (a)
 
370,800
10,326,780
Cadence Bank
 
126,000
2,615,760
East West Bancorp, Inc.
 
208,500
11,571,750
Popular, Inc.
 
108,800
6,246,208
Signature Bank
 
61,900
11,328
Wintrust Financial Corp.
 
196,300
14,320,085
 
 
 
49,608,487
Capital Markets - 2.1%
 
 
 
Ameriprise Financial, Inc.
 
24,787
7,597,216
Northern Trust Corp.
 
91,300
8,046,269
Raymond James Financial, Inc.
 
82,186
7,665,488
TMX Group Ltd.
 
57,300
5,787,236
 
 
 
29,096,209
Diversified Financial Services - 0.4%
 
 
 
Equitable Holdings, Inc.
 
234,900
5,964,111
Financial Services - 1.5%
 
 
 
Essent Group Ltd.
 
117,729
4,715,046
Euronet Worldwide, Inc. (a)
 
82,291
9,208,363
Shift4 Payments, Inc. (a)
 
86,700
6,571,860
 
 
 
20,495,269
Insurance - 5.5%
 
 
 
American Financial Group, Inc.
 
42,300
5,139,450
Arch Capital Group Ltd. (a)
 
172,600
11,714,362
Assurant, Inc.
 
42,100
5,054,947
Hartford Financial Services Group, Inc.
 
140,600
9,798,414
Old Republic International Corp.
 
349,600
8,729,512
Primerica, Inc.
 
94,558
16,286,670
Reinsurance Group of America, Inc.
 
96,291
12,783,593
Selective Insurance Group, Inc.
 
62,300
5,939,059
 
 
 
75,446,007
TOTAL FINANCIALS
 
 
180,610,083
HEALTH CARE - 8.5%
 
 
 
Biotechnology - 1.6%
 
 
 
Argenx SE ADR (a)
 
7,000
2,608,060
Blueprint Medicines Corp. (a)
 
31,000
1,394,690
Exelixis, Inc. (a)
 
311,600
6,048,156
Legend Biotech Corp. ADR (a)
 
41,800
2,015,596
United Therapeutics Corp. (a)
 
43,400
9,719,864
 
 
 
21,786,366
Health Care Equipment & Supplies - 3.2%
 
 
 
Boston Scientific Corp. (a)
 
147,510
7,379,925
Envista Holdings Corp. (a)
 
102,200
4,177,936
Hologic, Inc. (a)
 
57,379
4,630,485
Masimo Corp. (a)
 
45,500
8,396,570
ResMed, Inc.
 
16,627
3,641,147
The Cooper Companies, Inc.
 
15,339
5,726,969
Zimmer Biomet Holdings, Inc.
 
75,700
9,780,440
 
 
 
43,733,472
Health Care Providers & Services - 1.9%
 
 
 
agilon health, Inc. (a)
 
209,400
4,973,250
Guardant Health, Inc. (a)
 
34,600
811,024
Modivcare, Inc. (a)
 
20,700
1,740,456
Molina Healthcare, Inc. (a)
 
24,600
6,580,254
Option Care Health, Inc. (a)
 
392,200
12,460,194
 
 
 
26,565,178
Health Care Technology - 0.3%
 
 
 
Evolent Health, Inc. (c)
 
117,300
3,616,066
Life Sciences Tools & Services - 0.9%
 
 
 
Bio-Rad Laboratories, Inc. Class A (a)
 
11,500
5,508,730
ICON PLC (a)
 
14,700
3,139,773
Thermo Fisher Scientific, Inc.
 
6,430
3,706,059
 
 
 
12,354,562
Pharmaceuticals - 0.6%
 
 
 
UCB SA
 
94,800
8,475,706
TOTAL HEALTH CARE
 
 
116,531,350
INDUSTRIALS - 22.4%
 
 
 
Aerospace & Defense - 2.0%
 
 
 
AerSale Corp. (a)
 
194,800
3,354,456
Axon Enterprise, Inc. (a)
 
42,900
9,646,065
Howmet Aerospace, Inc.
 
216,800
9,185,816
Spirit AeroSystems Holdings, Inc. Class A
 
149,700
5,169,141
 
 
 
27,355,478
Air Freight & Logistics - 0.6%
 
 
 
GXO Logistics, Inc. (a)
 
169,588
8,557,410
Building Products - 1.1%
 
 
 
Builders FirstSource, Inc. (a)
 
179,700
15,953,766
Commercial Services & Supplies - 0.5%
 
 
 
Driven Brands Holdings, Inc. (a)
 
227,500
6,895,525
Construction & Engineering - 2.0%
 
 
 
Quanta Services, Inc.
 
73,700
12,281,368
Willscot Mobile Mini Holdings (a)
 
315,600
14,795,328
 
 
 
27,076,696
Electrical Equipment - 3.9%
 
 
 
Acuity Brands, Inc.
 
59,000
10,781,070
AMETEK, Inc.
 
81,500
11,844,395
Array Technologies, Inc. (a)
 
205,600
4,498,528
Generac Holdings, Inc. (a)
 
65,600
7,085,456
Regal Rexnord Corp.
 
100,402
14,129,573
Sunrun, Inc. (a)(b)
 
265,307
5,345,936
 
 
 
53,684,958
Ground Transportation - 0.8%
 
 
 
J.B. Hunt Transport Services, Inc.
 
26,500
4,649,690
RXO, Inc.
 
177,500
3,486,100
U-Haul Holding Co. (b)
 
40,200
2,397,930
 
 
 
10,533,720
Machinery - 4.8%
 
 
 
Chart Industries, Inc. (a)
 
54,400
6,821,760
Crane Holdings Co.
 
131,600
14,936,600
Fortive Corp.
 
154,300
10,518,631
IDEX Corp.
 
39,100
9,033,273
Ingersoll Rand, Inc.
 
105,700
6,149,626
ITT, Inc.
 
213,759
18,447,402
 
 
 
65,907,292
Marine - 0.3%
 
 
 
Clarkson PLC
 
95,969
3,658,169
Professional Services - 5.2%
 
 
 
ASGN, Inc. (a)
 
101,099
8,357,854
Concentrix Corp.
 
59,000
7,171,450
FTI Consulting, Inc. (a)
 
56,500
11,150,275
Genpact Ltd.
 
175,943
8,132,085
KBR, Inc.
 
288,200
15,865,410
Maximus, Inc.
 
106,511
8,382,416
WNS Holdings Ltd. sponsored ADR (a)
 
139,300
12,978,581
 
 
 
72,038,071
Trading Companies & Distributors - 1.2%
 
 
 
NOW, Inc. (a)
 
389,600
4,344,040
RS GROUP PLC
 
684,781
7,720,977
Univar Solutions, Inc. (a)
 
112,357
3,935,866
 
 
 
16,000,883
TOTAL INDUSTRIALS
 
 
307,661,968
INFORMATION TECHNOLOGY - 10.2%
 
 
 
Communications Equipment - 0.7%
 
 
 
Digi International, Inc. (a)
 
279,300
9,406,824
Electronic Equipment & Components - 3.4%
 
 
 
CDW Corp.
 
36,651
7,142,913
Flex Ltd. (a)
 
669,700
15,409,797
Jabil, Inc.
 
277,474
24,462,108
 
 
 
47,014,818
IT Services - 0.4%
 
 
 
Endava PLC ADR (a)
 
30,300
2,035,554
GoDaddy, Inc. (a)
 
26,700
2,075,124
Wix.com Ltd. (a)
 
20,400
2,035,920
 
 
 
6,146,598
Semiconductors & Semiconductor Equipment - 3.9%
 
 
 
Axcelis Technologies, Inc. (a)
 
28,100
3,744,325
Marvell Technology, Inc.
 
59,700
2,585,010
MKS Instruments, Inc.
 
90,700
8,037,834
Nova Ltd. (a)
 
39,400
4,116,118
onsemi (a)
 
148,800
12,249,216
Skyworks Solutions, Inc.
 
34,000
4,011,320
SolarEdge Technologies, Inc. (a)
 
27,700
8,419,415
Teradyne, Inc.
 
102,200
10,987,522
 
 
 
54,150,760
Software - 1.6%
 
 
 
Black Knight, Inc. (a)
 
34,500
1,985,820
Dynatrace, Inc. (a)
 
296,100
12,525,030
PowerSchool Holdings, Inc. (a)
 
171,900
3,407,058
Zoom Video Communications, Inc. Class A (a)
 
47,700
3,522,168
 
 
 
21,440,076
Technology Hardware, Storage & Peripherals - 0.2%
 
 
 
Corsair Gaming, Inc. (a)(b)
 
134,756
2,472,773
TOTAL INFORMATION TECHNOLOGY
 
 
140,631,849
MATERIALS - 7.3%
 
 
 
Chemicals - 2.6%
 
 
 
Axalta Coating Systems Ltd. (a)
 
253,900
7,690,631
Cabot Corp.
 
90,200
6,912,928
Celanese Corp. Class A
 
66,900
7,284,741
CF Industries Holdings, Inc.
 
43,300
3,138,817
Element Solutions, Inc.
 
552,000
10,659,120
 
 
 
35,686,237
Construction Materials - 0.8%
 
 
 
Martin Marietta Materials, Inc.
 
28,700
10,190,222
Containers & Packaging - 0.6%
 
 
 
Avery Dennison Corp.
 
49,000
8,767,570
Metals & Mining - 3.3%
 
 
 
Agnico Eagle Mines Ltd. (Canada)
 
62,706
3,196,776
Commercial Metals Co.
 
109,800
5,369,220
First Quantum Minerals Ltd.
 
563,600
12,956,753
Reliance Steel & Aluminum Co.
 
55,500
14,249,070
Wheaton Precious Metals Corp.
 
194,700
9,377,006
 
 
 
45,148,825
TOTAL MATERIALS
 
 
99,792,854
REAL ESTATE - 7.1%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 6.7%
 
 
 
Alexandria Real Estate Equities, Inc.
 
35,700
4,483,563
CubeSmart
 
243,200
11,240,704
EastGroup Properties, Inc.
 
75,500
12,481,660
Equity Lifestyle Properties, Inc.
 
57,100
3,833,123
Essex Property Trust, Inc.
 
18,500
3,869,090
Invitation Homes, Inc.
 
280,900
8,772,507
Lamar Advertising Co. Class A
 
128,300
12,815,887
Mid-America Apartment Communities, Inc.
 
20,000
3,020,800
National Retail Properties, Inc.
 
108,300
4,781,445
Ryman Hospitality Properties, Inc.
 
111,800
10,031,814
Sun Communities, Inc.
 
27,100
3,817,848
Terreno Realty Corp.
 
50,700
3,275,220
Ventas, Inc.
 
218,300
9,463,305
 
 
 
91,886,966
Real Estate Management & Development - 0.4%
 
 
 
CBRE Group, Inc. (a)
 
78,691
5,729,492
TOTAL REAL ESTATE
 
 
97,616,458
UTILITIES - 4.2%
 
 
 
Electric Utilities - 2.3%
 
 
 
Constellation Energy Corp.
 
111,200
8,729,200
OGE Energy Corp.
 
352,100
13,260,086
PG&E Corp. (a)
 
545,600
8,822,352
 
 
 
30,811,638
Independent Power and Renewable Electricity Producers - 1.5%
 
 
 
Clearway Energy, Inc. Class C
 
221,200
6,930,196
NextEra Energy Partners LP
 
113,400
6,889,050
The AES Corp.
 
300,400
7,233,632
 
 
 
21,052,878
Multi-Utilities - 0.4%
 
 
 
NorthWestern Energy Corp.
 
97,700
5,652,922
TOTAL UTILITIES
 
 
57,517,438
 
TOTAL COMMON STOCKS
 (Cost $1,016,021,980)
 
 
 
1,321,466,224
 
 
 
 
Money Market Funds - 3.7%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 4.86% (d)
 
23,858,795
23,863,566
Fidelity Securities Lending Cash Central Fund 4.87% (d)(e)
 
27,561,994
27,564,750
 
TOTAL MONEY MARKET FUNDS
 (Cost $51,428,316)
 
 
51,428,316
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.9%
 (Cost $1,067,450,296)
 
 
 
1,372,894,540
NET OTHER ASSETS (LIABILITIES) - 0.1%  
757,604
NET ASSETS - 100.0%
1,373,652,144
 
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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 $3,616,066 or 0.3% of net assets.
 
(d)
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.
 
(e)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Evolent Health, Inc.
3/28/23
3,401,700
 
 
 
 
 
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 4.86%
20,872,756
65,976,726
62,985,916
173,122
-
-
23,863,566
0.1%
Fidelity Securities Lending Cash Central Fund 4.87%
25,306,750
65,769,366
63,511,366
111,776
-
-
27,564,750
0.1%
Total
46,179,506
131,746,092
126,497,282
284,898
-
-
51,428,316
 
 
 
 
 
 
 
 
 
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
Amounts in the dividend income column 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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