0001752724-19-135235.txt : 20190927 0001752724-19-135235.hdr.sgml : 20190927 20190927142629 ACCESSION NUMBER: 0001752724-19-135235 CONFORMED SUBMISSION TYPE: NPORT-EX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190731 FILED AS OF DATE: 20190927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY INVESTMENT TRUST CENTRAL INDEX KEY: 0000744822 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-EX SEC ACT: 1940 Act SEC FILE NUMBER: 811-04008 FILM NUMBER: 191121251 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 OVERSEAS FUND DATE OF NAME CHANGE: 19861228 0000744822 S000007109 Fidelity Diversified International Fund C000019438 Fidelity Diversified International Fund FDIVX C000064266 Class K FDIKX ACCESSION NUMBER: 0001752724-19-125889 NPORT-EX 1 QTLY_325_20190731.htm

Quarterly Holdings Report
for

Fidelity® Diversified International Fund

July 31, 2019







DIF-QTLY-0919
1.804871.115





Schedule of Investments July 31, 2019 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 97.6%   
 Shares Value 
Australia - 1.4%   
CSL Ltd. 620,184 $96,774,993 
Magellan Financial Group Ltd. 2,119,634 89,016,429 
TOTAL AUSTRALIA  185,791,422 
Bailiwick of Jersey - 1.0%   
Experian PLC 2,388,500 72,616,371 
Ferguson PLC 864,395 64,795,398 
TOTAL BAILIWICK OF JERSEY  137,411,769 
Belgium - 0.9%   
KBC Groep NV 1,793,628 115,717,632 
Bermuda - 1.7%   
Credicorp Ltd. (United States) 258,000 56,241,420 
Hiscox Ltd. 2,576,400 53,263,721 
IHS Markit Ltd. (a) 1,003,000 64,613,260 
Marvell Technology Group Ltd. 2,000,100 52,522,626 
TOTAL BERMUDA  226,641,027 
Brazil - 0.8%   
BM&F BOVESPA SA 3,195,600 35,327,568 
Notre Dame Intermedica Participacoes SA 2,299,900 26,335,538 
Rumo SA (a) 6,751,200 38,776,921 
TOTAL BRAZIL  100,440,027 
Canada - 3.0%   
Alimentation Couche-Tard, Inc. Class B (sub. vtg.) 2,516,781 154,271,543 
Cenovus Energy, Inc. (Canada) 4,141,484 38,502,810 
Constellation Software, Inc. 62,622 59,580,102 
Fairfax India Holdings Corp. (a)(b) 2,899,200 36,964,800 
Franco-Nevada Corp. 393,201 34,171,961 
Kirkland Lake Gold Ltd. 785,300 32,475,886 
Suncor Energy, Inc. 909,400 26,094,089 
Waste Connection, Inc. (Canada) 155,300 14,086,197 
TOTAL CANADA  396,147,388 
Cayman Islands - 2.0%   
Alibaba Group Holding Ltd. sponsored ADR (a) 619,400 107,224,334 
Anta Sports Products Ltd. 3,666,000 27,366,447 
ENN Energy Holdings Ltd. 1,352,400 13,911,334 
Hansoh Pharmaceutical Group Co. Ltd. (b) 2,200,000 5,912,316 
Sea Ltd. ADR (a) 384,000 13,478,400 
Tencent Holdings Ltd. 1,618,100 75,392,090 
Zai Lab Ltd. ADR (a) 500,327 16,070,503 
TOTAL CAYMAN ISLANDS  259,355,424 
China - 1.2%   
Kweichow Moutai Co. Ltd. (A Shares) 387,360 54,335,270 
Ping An Insurance (Group) Co. of China Ltd. (H Shares) 4,997,500 58,899,604 
Shanghai International Airport Co. Ltd. (A Shares) 2,934,638 35,052,552 
Yantai Jereh Oilfield Services (A Shares) 1,748,700 6,726,764 
TOTAL CHINA  155,014,190 
Denmark - 1.8%   
DSV de Sammensluttede Vognmaend A/S 992,200 94,869,252 
Netcompany Group A/S (a)(b) 522,365 20,520,431 
Novozymes A/S Series B 871,000 40,452,474 
ORSTED A/S (b) 971,500 88,742,373 
TOTAL DENMARK  244,584,530 
France - 7.3%   
Amundi SA (b) 983,113 67,910,300 
Capgemini SA 898,600 114,644,960 
Danone SA 1,080,800 93,740,983 
Edenred SA 132,000 6,639,875 
Essilor International SA 153,000 20,773,353 
Kering SA 77,454 40,255,671 
Legrand SA 567,500 40,118,289 
LVMH Moet Hennessy Louis Vuitton SE 420,438 173,665,768 
Pernod Ricard SA 228,600 40,249,225 
Sanofi SA 1,688,532 140,708,438 
SR Teleperformance SA 525,100 110,211,768 
VINCI SA 1,199,100 123,343,887 
TOTAL FRANCE  972,262,517 
Germany - 9.7%   
adidas AG 472,402 151,419,886 
Allianz SE 550,800 127,790,598 
Bayer AG 1,192,676 77,248,420 
Deutsche Borse AG 764,900 106,185,327 
Deutsche Post AG 2,359,119 77,066,685 
Hannover Reuck SE 502,400 78,807,418 
Linde PLC 794,734 152,860,130 
Morphosys AG (a) 115,300 13,950,735 
Morphosys AG sponsored ADR (a) 739,773 22,215,383 
MTU Aero Engines Holdings AG 53,000 13,288,981 
RWE AG 1,253,400 33,938,587 
SAP SE 2,364,189 288,989,148 
Symrise AG 794,700 73,580,859 
Vonovia SE 1,375,800 67,408,449 
TOTAL GERMANY  1,284,750,606 
Hong Kong - 2.1%   
AIA Group Ltd. 23,492,600 240,464,811 
Techtronic Industries Co. Ltd. 5,072,500 37,722,424 
TOTAL HONG KONG  278,187,235 
India - 4.8%   
Axis Bank Ltd. 6,284,405 61,252,321 
Godrej Consumer Products Ltd. 516,740 4,481,611 
HDFC Bank Ltd. 5,217,797 169,979,881 
Housing Development Finance Corp. Ltd. 5,346,947 164,172,810 
Infosys Ltd. sponsored ADR 1,879,400 21,274,808 
Kotak Mahindra Bank Ltd. 2,504,705 55,069,403 
LIC Housing Finance Ltd. 4,592,641 34,400,926 
Reliance Industries Ltd. 7,452,312 125,464,552 
TOTAL INDIA  636,096,312 
Indonesia - 1.2%   
PT Bank Central Asia Tbk 34,875,100 76,564,042 
PT Bank Rakyat Indonesia Tbk 242,711,100 76,909,801 
TOTAL INDONESIA  153,473,843 
Ireland - 2.3%   
CRH PLC 1,773,100 59,114,299 
DCC PLC (United Kingdom) 223,689 18,938,603 
Kerry Group PLC Class A 774,500 90,366,956 
Kingspan Group PLC (Ireland) 1,639,700 80,411,052 
Ryanair Holdings PLC sponsored ADR (a) 862,199 53,568,424 
TOTAL IRELAND  302,399,334 
Israel - 0.1%   
Check Point Software Technologies Ltd. (a) 174,500 19,535,275 
Italy - 1.2%   
Enel SpA 4,782,300 32,713,935 
FinecoBank SpA 2,018,400 20,091,444 
Intesa Sanpaolo SpA 19,421,500 42,123,438 
Moncler SpA 621,400 25,568,864 
Recordati SpA 917,600 41,169,693 
TOTAL ITALY  161,667,374 
Japan - 17.2%   
Bandai Namco Holdings, Inc. 626,500 33,976,928 
Daikin Industries Ltd. 686,000 85,144,134 
Hitachi High-Technologies Corp. 148,300 7,565,631 
Hoya Corp. 2,768,400 213,883,647 
Iriso Electronics Co. Ltd. 211,400 9,715,967 
Itochu Corp. 3,450,600 65,701,953 
Kao Corp. 1,263,300 92,196,609 
Keyence Corp. 314,120 182,281,419 
KH Neochem Co. Ltd. 698,200 17,475,858 
Minebea Mitsumi, Inc. 7,846,300 133,916,641 
Misumi Group, Inc. 1,659,400 37,736,516 
Nabtesco Corp. 610,600 16,619,051 
Nidec Corp. 285,800 38,657,478 
Nitori Holdings Co. Ltd. 750,600 101,630,095 
Oracle Corp. Japan 188,100 15,699,494 
ORIX Corp. 10,118,100 145,228,543 
PALTAC Corp. 398,200 19,619,009 
Persol Holdings Co., Ltd. 2,622,700 64,054,728 
Recruit Holdings Co. Ltd. 4,228,300 143,180,712 
Renesas Electronics Corp. (a) 9,151,003 54,591,423 
Shimadzu Corp. 840,110 20,371,451 
Shin-Etsu Chemical Co. Ltd. 940,600 95,768,032 
Shiseido Co. Ltd. 960,200 70,655,905 
SMC Corp. 264,600 96,947,844 
SoftBank Corp. 1,406,300 71,803,081 
Sony Corp. 1,495,400 85,049,250 
Suzuki Motor Corp. 1,487,000 58,154,319 
Takeda Pharmaceutical Co. Ltd. 784,929 27,014,045 
Tokyo Electron Ltd. 359,400 60,872,467 
Tsubaki Nakashima Co. Ltd. 594,700 10,342,609 
Tsuruha Holdings, Inc. 1,059,514 108,395,908 
Welcia Holdings Co. Ltd. 1,074,100 50,155,603 
Yahoo! Japan Corp. 13,512,900 39,578,344 
TOTAL JAPAN  2,273,984,694 
Korea (South) - 0.7%   
LG Chemical Ltd. 113,008 31,829,164 
SK Hynix, Inc. 901,820 57,489,663 
TOTAL KOREA (SOUTH)  89,318,827 
Luxembourg - 0.5%   
B&M European Value Retail SA 16,263,163 73,177,240 
Mexico - 0.1%   
Grupo Financiero Banorte S.A.B. de CV Series O 3,097,500 15,594,380 
Netherlands - 6.6%   
Adyen BV (a)(b) 24,857 18,903,972 
ASML Holding NV 1,003,000 223,478,430 
Ferrari NV 175,400 28,280,540 
Heineken NV (Bearer) 646,100 69,463,400 
Interxion Holding N.V. (a) 229,931 17,313,804 
Koninklijke Philips Electronics NV 2,153,600 101,026,758 
NXP Semiconductors NV 884,900 91,489,811 
Unilever NV 3,473,457 201,334,186 
Wolters Kluwer NV 1,645,600 119,429,288 
TOTAL NETHERLANDS  870,720,189 
New Zealand - 0.4%   
Ryman Healthcare Group Ltd. 5,564,028 46,914,563 
Norway - 1.3%   
Adevinta ASA:   
Class A (a) 2,662,100 29,876,788 
Class B 1,344,600 14,953,832 
Equinor ASA 3,612,300 64,808,336 
Schibsted ASA (A Shares) 2,184,700 59,052,613 
TOTAL NORWAY  168,691,569 
South Africa - 0.2%   
Capitec Bank Holdings Ltd. 383,200 31,366,631 
Spain - 0.4%   
Amadeus IT Holding SA Class A 241,500 19,077,418 
Cellnex Telecom SA (b) 727,200 27,281,802 
Masmovil Ibercom SA (a) 192,565 4,369,974 
TOTAL SPAIN  50,729,194 
Sweden - 2.2%   
ASSA ABLOY AB (B Shares) 4,180,100 95,879,513 
Coor Service Management Holding AB (b) 1,895,500 16,029,225 
Hexagon AB (B Shares) 742,900 36,140,562 
Indutrade AB 1,206,700 34,272,840 
Svenska Handelsbanken AB (A Shares) 2,438,200 21,938,733 
Swedbank AB (A Shares) 1,670,000 22,741,602 
Telefonaktiebolaget LM Ericsson (B Shares) 7,724,800 67,586,389 
TOTAL SWEDEN  294,588,864 
Switzerland - 5.9%   
Alcon, Inc. (a) 1,750,400 102,079,533 
Compagnie Financiere Richemont SA Series A 154,620 13,249,891 
Julius Baer Group Ltd. 1,266,140 54,105,485 
Lonza Group AG 211,477 72,572,621 
Medacta Group SA (b) 173,800 15,203,459 
Roche Holding AG (participation certificate) 991,424 265,369,706 
Sika AG 920,721 133,310,365 
Sonova Holding AG Class B 214,690 49,541,355 
Swiss Re Ltd. 788,440 76,548,958 
TOTAL SWITZERLAND  781,981,373 
Taiwan - 0.8%   
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR 2,460,100 104,874,063 
United Kingdom - 12.0%   
Admiral Group PLC 654,200 17,240,059 
Aon PLC 341,800 64,685,650 
Ascential PLC (b) 5,398,073 26,140,223 
AstraZeneca PLC (United Kingdom) 2,415,039 208,644,576 
Beazley PLC 4,804,300 33,682,066 
Big Yellow Group PLC 1,463,400 17,600,647 
BP PLC sponsored ADR 3,124,200 124,155,708 
Bunzl PLC 2,015,470 52,696,781 
Coca-Cola European Partners PLC 1,003,400 55,467,952 
Compass Group PLC 3,944,088 99,787,505 
InterContinental Hotel Group PLC 842,369 58,523,330 
Lloyds Banking Group PLC 127,549,900 82,509,994 
London Stock Exchange Group PLC 1,643,200 132,407,061 
Network International Holdings PLC (b) 3,300,582 24,604,825 
Ocado Group PLC (a) 734,200 11,120,579 
Prudential PLC 8,078,381 166,206,508 
RELX PLC (Euronext N.V.) 5,244,199 124,582,345 
Rentokil Initial PLC 10,570,900 55,920,431 
Rio Tinto PLC 944,200 53,320,379 
Smith & Nephew PLC 3,800,000 86,027,551 
Standard Chartered PLC (United Kingdom) 7,354,257 60,529,689 
Tesco PLC 12,862,919 34,841,896 
TOTAL UNITED KINGDOM  1,590,695,755 
United States of America - 6.8%   
Alphabet, Inc. Class C (a) 59,503 72,396,110 
Amgen, Inc. 226,100 42,185,738 
Becton, Dickinson & Co. 232,500 58,776,000 
Boston Scientific Corp. (a) 1,664,228 70,663,121 
Citigroup, Inc. 816,500 58,102,140 
Coty, Inc. Class A 3,749,700 40,909,227 
IQVIA Holdings, Inc. (a) 464,400 73,918,548 
Marsh & McLennan Companies, Inc. 656,500 64,862,200 
MasterCard, Inc. Class A 584,400 159,114,588 
Microsoft Corp. 676,200 92,145,774 
QIAGEN NV (a) 340,052 12,826,761 
Visa, Inc. Class A 885,900 157,690,200 
TOTAL UNITED STATES OF AMERICA  903,590,407 
TOTAL COMMON STOCKS   
(Cost $9,539,629,745)  12,925,703,654 
Money Market Funds - 2.1%   
Fidelity Cash Central Fund 2.43% (c)   
(Cost $276,815,836) 276,787,509 276,842,866 
TOTAL INVESTMENT IN SECURITIES - 99.7%   
(Cost $9,816,445,581)  13,202,546,520 
NET OTHER ASSETS (LIABILITIES) - 0.3%  42,875,481 
NET ASSETS - 100%  $13,245,422,001 

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

Legend

 (a) Non-income producing

 (b) 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 $348,213,726 or 2.6% of net assets.

 (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.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $9,375,457 
Fidelity Securities Lending Cash Central Fund 1,528,118 
Total $10,903,575 

Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

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.