0001752724-20-186859.txt : 20200918 0001752724-20-186859.hdr.sgml : 20200918 20200918140710 ACCESSION NUMBER: 0001752724-20-186859 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200731 FILED AS OF DATE: 20200918 PERIOD START: 20201031 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-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04008 FILM NUMBER: 201183582 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 S000024314 Fidelity Global Commodity Stock Fund C000071913 Fidelity Global Commodity Stock Fund FFGCX C000071914 Fidelity Advisor Global Commodity Stock Fund: Class A FFGAX C000071916 Fidelity Advisor Global Commodity Stock Fund: Class C FCGCX C000071917 Fidelity Advisor Global Commodity Stock Fund: Class M FFGTX C000071918 Fidelity Advisor Global Commodity Stock Fund: Class I FFGIX C000205035 Fidelity Advisor Global Commodity Stock Fund: Class Z FIQRX NPORT-P 1 primary_doc.xml NPORT-P false 0000744822 XXXXXXXX S000024314 C000071916 C000205035 C000071914 C000071918 C000071917 C000071913 Fidelity Investment Trust 811-04008 0000744822 MXNTE4GH7BW81YELH558 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Global Commodity Stock Fund S000024314 KESVHL4LQFROZBX45R97 2020-10-31 2020-07-31 N 270789713.35 2963411.72 267826301.63 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 1097.77000000 N OJI HOLDINGS CORP 529900LVC9GIIYUGE243 OJI HOLDINGS CORP N/A 255300.00000000 NS 1071398.11000000 0.400034687959 Long EC CORP JP N 2 N N N NICKEL MINES LIMITED N/A 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466720.00000000 NS 1178806.16000000 0.440138310847 Long EC CORP MX N 1 N N N UPM KYMMENE CORP 213800EC6PW5VU4J9U64 UPM KYMMENE CORP N/A 286700.00000000 NS 7642564.31000000 2.853552568768 Long EC CORP FI N 1 N N N WEST FRASER TIMBER CO 5493005WD1ZK6WBVR988 WEST FRASER TIMBER LTD 952845105 26700.00000000 NS 1321993.36000000 0.493601021241 Long EC CORP CA N 1 N N N SVENSKA CELLULOSA AB SCA 549300FW5JDRV1IJ0M67 SVENSKA CELLULOSA AB CL B N/A 128100.00000000 NS 1543566.85000000 0.576331316456 Long EC CORP SE N 1 N N N BHP GROUP PLC 549300C116EOWV835768 BHP GROUP PLC N/A 267592.00000000 NS 5786256.24000000 2.160451085193 Long EC CORP GB N 2 N N N MARTIN MARIETTA MATERIALS INC 5299005MZ4WZECVATV08 MARTIN MARIETTA MATERIALS INC 573284106 12600.00000000 NS USD 2610468.00000000 0.974686946021 Long EC CORP US N 1 N N N PARSLEY ENERGY INC 549300DMRA8DSL66G562 PARSLEY ENERGY INC CL A 701877102 65400.00000000 NS USD 718092.00000000 0.268118551325 Long EC CORP US N 1 N N STEEL DYNAMICS INC 549300HGGKEL4FYTTQ83 STEEL DYNAMICS INC 858119100 86600.00000000 NS USD 2373706.00000000 0.886285620774 Long EC CORP US N 1 N N N ANGLO AMERICAN PLC 549300S9XF92D1X8ME43 ANGLO AMERICAN PLC N/A 170394.00000000 NS 4171401.55000000 1.557502577085 Long EC CORP GB N 1 N N N CONOCOPHILLIPS INC WPTL2Z3FIYTHSP5V2253 CONOCOPHILLIPS 20825C104 84800.00000000 NS USD 3170672.00000000 1.183853856287 Long EC CORP US N 1 N N N ANGLOGOLD ASHANTI LTD 378900EF3BA9A5F42A59 ANGLOGOLD ASHANTI LTD N/A 28700.00000000 NS 936306.22000000 0.349594574655 Long EC CORP ZA N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 222.68700000 NS USD 222.71000000 0.000083154641 Long STIV RF US N 1 N N AGNICO EAGLE MINES LTD YGE0EUBRF7IJOB3QRX76 AGNICO EAGLE MINES LTD 008474108 41500.00000000 NS 3295647.47000000 1.230516737879 Long EC CORP CA N 1 N N N DARLING INGREDIENTS INC L1N0SPPKS7EXZYUMZ898 DARLING INGREDIENTS INC 237266101 92100.00000000 NS USD 2572353.00000000 0.960455707428 Long EC CORP US N 1 N N N BUNGE LIMITED 5493007M0RIN8HY3MM77 BUNGE LIMITED N/A 107300.00000000 NS USD 4661112.00000000 1.740348864780 Long EC CORP BM N 1 N N N TOTAL SE 529900S21EQ1BO4ESM68 TOTAL SE N/A 218214.00000000 NS 8258022.73000000 3.083350171264 Long EC CORP FR N 2 N N N KIRKLAND LAKE GOLD LTD N/A KIRKLAND LAKE GOLD LTD 49741E100 30400.00000000 NS 1660203.81000000 0.619880795835 Long EC CORP CA N 1 N N N HESS CORP UASVRYNXNK17ULIGK870 HESS CORP 42809H107 12600.00000000 NS USD 620046.00000000 0.231510496253 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 10511.00000000 NS USD 1966397.88000000 0.734206412153 Long EC CORP US N 1 N N N SUMMIT MATERIALS INC N/A SUMMIT MATERIALS INC CL A 86614U100 129200.00000000 NS USD 1901824.00000000 0.710096054205 Long EC CORP US N 1 N N N ARCELORMITTAL SA LUXEMBOURG 2EULGUTUI56JI9SAL165 ARCELORMITTAL SA N/A 122100.00000000 NS 1343350.67000000 0.501575335142 Long EC CORP LU N 1 N N N MMC NORILSK NICKEL PJSC 253400JPTEEW143W3E47 MMC NORILSK NICKEL PJSC N/A 16340.00000000 NS 4327586.88000000 1.615818481479 Long EC CORP RU N 2 N N N PIONEER NATURAL RESOURCES CO FY8JBF7CCL2VE4F1B628 PIONEER NATURAL RESOURCES CO 723787107 22010.00000000 NS USD 2133209.20000000 0.796489809633 Long EC CORP US N 1 N N N VALE SA 254900SMTWBX7RU2SR20 VALE S.A. N/A 359600.00000000 NS 4185010.40000000 1.562583799473 Long EC CORP BR N 1 N N N LUKOIL PJSC 549300LCJ1UJXHYBWI24 LUKOIL PJSC SPONS ADR 69343P105 35900.00000000 NS USD 2444790.00000000 0.912826703397 Long EC CORP RU N 1 N N N CHAMPIONX CORP 549300EP2909K6DYYP38 CHAMPIONX CORP 15872M104 31795.00000000 NS USD 302370.45000000 0.112897967137 Long EC CORP US N 1 N N N NUCOR CORP 549300GGJCRSI2TIEJ46 NUCOR CORP 670346105 26692.00000000 NS USD 1119729.40000000 0.418080447359 Long EC CORP US N 1 N N N BP PLC 213800LH1BZH3DI6G760 BP PLC N/A 1730287.00000000 NS 6266248.49000000 2.339668827095 Long EC CORP GB N 2 N N N DIAMONDBACK ENERGY INC 549300R22LSX6OHWEN64 DIAMONDBACK ENERGY INC 25278X109 16900.00000000 NS USD 673634.00000000 0.251518986709 Long EC CORP US N 1 N N N MAGNOLIA OIL and GAS CORPORATION N/A MAGNOLIA OIL and GAS CORPO CL A 559663109 145200.00000000 NS USD 868296.00000000 0.324201168711 Long EC CORP US N 1 N N N OCCIDENTAL PETROLEUM CORP IM7X0T3ECJW4C1T7ON55 OCCIDENTAL PETROLEUM CORP 674599105 39100.00000000 NS USD 615434.00000000 0.229788484646 Long EC CORP US N 1 N N N 2020-08-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_2120_20200731.htm

Quarterly Holdings Report
for

Fidelity® Global Commodity Stock Fund

July 31, 2020







GCS-QTLY-0920
1.879385.111





Schedule of Investments July 31, 2020 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 99.3%   
 Shares Value 
Chemicals - 12.2%   
Fertilizers & Agricultural Chemicals - 11.5%   
CF Industries Holdings, Inc. 184,760 $5,788,531 
FMC Corp. 86,600 9,183,930 
Icl Group Ltd. 243,100 763,224 
Nutrien Ltd. 404,583 13,175,490 
The Mosaic Co. 133,661 1,800,414 
  30,711,589 
Specialty Chemicals - 0.7%   
Ecolab, Inc. 10,511 1,966,398 
TOTAL CHEMICALS  32,677,987 
Construction Materials - 2.8%   
Construction Materials - 2.8%   
Martin Marietta Materials, Inc. 26,800 5,552,424 
Summit Materials, Inc. (a) 129,200 1,901,824 
  7,454,248 
Containers & Packaging - 1.0%   
Metal & Glass Containers - 1.0%   
Crown Holdings, Inc. (a) 37,500 2,684,250 
Energy Equipment & Services - 0.1%   
Oil & Gas Equipment & Services - 0.1%   
Championx Corp. (a) 31,795 302,370 
Food Products - 7.0%   
Agricultural Products - 7.0%   
Archer Daniels Midland Co. 268,000 11,478,440 
Bunge Ltd. 107,300 4,661,112 
Darling Ingredients, Inc. (a) 92,100 2,572,353 
  18,711,905 
Metals & Mining - 46.9%   
Aluminum - 0.4%   
Kaiser Aluminum Corp. 16,100 997,395 
Copper - 5.1%   
Antofagasta PLC 165,700 2,228,661 
First Quantum Minerals Ltd. 778,024 6,575,260 
Lundin Mining Corp. 883,000 4,944,194 
  13,748,115 
Diversified Metals & Mining - 17.7%   
Anglo American PLC (United Kingdom) 170,394 4,171,402 
BHP Billiton Ltd. 335,590 8,835,700 
BHP Billiton PLC 267,592 5,786,256 
Grupo Mexico SA de CV Series B 466,720 1,178,806 
Ivanhoe Mines Ltd. (a) 482,700 1,700,955 
MMC Norilsk Nickel PJSC 16,340 4,327,587 
MMC Norilsk Nickel PJSC sponsored ADR 218,100 5,729,487 
Nickel Mines Ltd. (a) 3,882,805 1,608,961 
Rio Tinto PLC 221,425 13,478,635 
Teck Resources Ltd. Class B (sub. vtg.) 52,900 535,931 
  47,353,720 
Gold - 14.5%   
Agnico Eagle Mines Ltd. (Canada) 41,500 3,295,647 
AngloGold Ashanti Ltd. 28,700 936,306 
Barrick Gold Corp. (Canada) 288,047 8,324,536 
Franco-Nevada Corp. 35,071 5,605,809 
Kirkland Lake Gold Ltd. 30,400 1,660,204 
Newcrest Mining Ltd. 108,853 2,735,950 
Newmont Corp. 138,800 9,604,960 
Sibanye Stillwater Ltd. (a) 213,000 602,533 
Wheaton Precious Metals Corp. 112,400 6,098,106 
  38,864,051 
Precious Metals & Minerals - 1.1%   
Anglo American Platinum Ltd. 7,300 556,933 
Impala Platinum Holdings Ltd. 256,300 2,262,262 
  2,819,195 
Steel - 8.1%   
ArcelorMittal SA (Netherlands) (a) 122,100 1,343,351 
Commercial Metals Co. 131,000 2,709,080 
Fortescue Metals Group Ltd. 646,147 8,037,148 
JFE Holdings, Inc. 118,200 775,852 
Nucor Corp. 26,692 1,119,729 
POSCO 6,934 1,114,762 
Steel Dynamics, Inc. 86,600 2,373,706 
Vale SA 359,600 4,185,010 
  21,658,638 
TOTAL METALS & MINING  125,441,114 
Oil, Gas & Consumable Fuels - 21.6%   
Integrated Oil & Gas - 17.3%   
BP PLC 1,730,287 6,266,248 
Chevron Corp. 116,500 9,779,010 
Equinor ASA 78,600 1,159,762 
Exxon Mobil Corp. 387,900 16,322,830 
Lukoil PJSC sponsored ADR 35,900 2,444,790 
Occidental Petroleum Corp. 39,100 615,434 
Occidental Petroleum Corp. warrants 8/3/27 (a) 4,887 27,367 
Petroleo Brasileiro SA - Petrobras (ON) 295,800 1,287,184 
Total SA 218,214 8,258,023 
  46,160,648 
Oil & Gas Exploration & Production - 4.3%   
Cabot Oil & Gas Corp. 60,800 1,136,960 
ConocoPhillips Co. 84,800 3,170,672 
Diamondback Energy, Inc. 16,900 673,634 
Hess Corp. 12,600 620,046 
Lundin Petroleum AB 44,300 1,020,682 
Magnolia Oil & Gas Corp. Class A (a) 145,200 868,296 
NOVATEK OAO GDR (Reg. S) 7,400 1,084,840 
Parsley Energy, Inc. Class A (b) 65,400 718,092 
Pioneer Natural Resources Co. 22,010 2,133,209 
  11,426,431 
TOTAL OIL, GAS & CONSUMABLE FUELS  57,587,079 
Paper & Forest Products - 7.7%   
Forest Products - 1.1%   
Svenska Cellulosa AB (SCA) (B Shares) 128,100 1,543,567 
West Fraser Timber Co. Ltd. 26,700 1,321,993 
  2,865,560 
Paper Products - 6.6%   
Nine Dragons Paper (Holdings) Ltd. 878,000 918,749 
Oji Holdings Corp. 255,300 1,071,398 
Stora Enso Oyj (R Shares) 388,700 4,880,885 
Suzano Papel e Celulose SA (a) 397,645 3,201,559 
UPM-Kymmene Corp. 286,700 7,642,564 
  17,715,155 
TOTAL PAPER & FOREST PRODUCTS  20,580,715 
TOTAL COMMON STOCKS   
(Cost $286,239,271)  265,439,668 
Money Market Funds - 3.4%   
Fidelity Cash Central Fund 0.14% (c) 9,092,743 9,095,471 
Fidelity Securities Lending Cash Central Fund 0.13% (c)(d) 223 223 
TOTAL MONEY MARKET FUNDS   
(Cost $9,094,918)  9,095,694 
TOTAL INVESTMENT IN SECURITIES - 102.7%   
(Cost $295,334,189)  274,535,362 
NET OTHER ASSETS (LIABILITIES) - (2.7)%  (7,110,961) 
NET ASSETS - 100%  $267,424,401 

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

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 $36,936 
Fidelity Securities Lending Cash Central Fund 30,176 
Total $67,112 

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.

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