0001752724-23-067561.txt : 20230327 0001752724-23-067561.hdr.sgml : 20230327 20230327133214 ACCESSION NUMBER: 0001752724-23-067561 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230131 FILED AS OF DATE: 20230327 DATE AS OF CHANGE: 20230327 PERIOD START: 20231031 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: 23763670 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 S000007100 Fidelity Overseas Fund C000019419 Fidelity Overseas Fund FOSFX C000064260 Class K FOSKX NPORT-P 1 primary_doc.xml NPORT-P 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153754120.93000000 1.996231847153 Long EC CORP GB N 2 N N N NORDEA BANK ABP 529900ODI3047E2LIV03 NORDEA BANK ABP N/A 7207600.00000000 NS 83933362.15000000 1.089729820242 Long EC CORP FI N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 29480322.47800000 NS USD 29483270.51000000 0.382789373021 Long STIV RF US N 1 N N DEUTSCHE BOERSE AG 529900G3SW56SHYNPR95 DEUTSCHE BOERSE AG N/A 537091.00000000 NS 96108299.39000000 1.247800363708 Long EC CORP DE N 2 N N N ASM INTL NV 7245001I22ND6ZFHX623 ASM INTERNATIONAL NV (NETH) N/A 218000.00000000 NS 73042999.27000000 0.948337257385 Long EC CORP NL N 1 N N N VOLUTION GROUP PLC 213800EPT84EQCDHO768 VOLUTION GROUP PLC N/A 7215267.00000000 NS 33535438.86000000 0.435399784120 Long EC CORP GB N 1 N N N ADDLIFE AB 5493005T3M7CD7XWE013 ADDLIFE AB N/A 2778272.00000000 NS 29144013.77000000 0.378384709883 Long EC CORP SE N 1 N N N OLYMPUS CORP 5299000Y52IFDI1I2A21 OLYMPUS CORP N/A 4184500.00000000 NS 78667040.75000000 1.021355727681 Long EC CORP JP N 2 N N N IMCD NV 724500NSJPNFJPDAUP02 IMCD GROUP BV N/A 622424.00000000 NS 98150729.80000000 1.274317796902 Long EC CORP NL N 1 N N N ASML HOLDING NV 724500Y6DUVHQD6OXN27 ASML HOLDING NV N/A 365400.00000000 NS 241766000.95000000 3.138914181527 Long EC CORP NL N 2 N N N SAFARICOM LTD N/A SAFARICOM LTD N/A 99329800.00000000 NS 18669215.42000000 0.242387535094 Long EC CORP KE N 1 N N N RECORDATI INDUSTRIA CHIMICA E FARMACEUTICA SPA 815600FBF92FD3531704 RECORDATI SPA N/A 1698130.00000000 NS 74084876.97000000 0.961864240811 Long EC CORP IT N 1 N N N EURONEXT NV 724500QJ4QSZ3H9QU415 EURONEXT NV N/A 615280.00000000 NS 49699392.70000000 0.645260822226 Long EC CORP NL N 1 N N N COMPASS GROUP PLC 2138008M6MH9OZ6U2T68 COMPASS GROUP PLC N/A 5341398.00000000 NS 127595435.16000000 1.656606468023 Long EC CORP GB N 2 N N N NESTLE SA KY37LUS27QQX7BB93L28 NESTLE SA (REG) N/A 2141290.00000000 NS 261256775.13000000 3.391968238930 Long EC CORP CH N 2 N N N DSV A/S 529900X41C0BSLK67H70 DSV A/S N/A 722300.00000000 NS 118858023.88000000 1.543166265228 Long EC CORP DK N 1 N N N ADDTECH AB 549300QZ5U2IDRHPWL60 ADDTECH AB CL B N/A 3841696.00000000 NS 61128577.72000000 0.793649060446 Long EC CORP SE N 1 N N N TOKIO MARINE HOLDINGS INC 5299009QN2NZ191KLS29 TOKIO MARINE HOLDINGS INC N/A 3636600.00000000 NS 76167545.23000000 0.988904093028 Long EC CORP JP N 2 N N N PARTNERS GROUP HOLDING 549300I3IVVWZWDHI788 PARTNERS GROUP HOLDING AG N/A 66700.00000000 NS 62219333.70000000 0.807810643964 Long EC CORP CH N 1 N N N NOF CORP N/A NOF CORP N/A 941400.00000000 NS 40101019.83000000 0.520642519392 Long EC CORP JP N 2 N N N DIPLOMA PLC 2138008OGI7VYG8FGR19 DIPLOMA PLC N/A 1567295.00000000 NS 52750141.90000000 0.684869534330 Long EC CORP GB N 1 N N N MOODYS CORP 549300GCEDD8YCF5WU84 MOODYS CORP 615369105 172445.00000000 NS USD 55656623.75000000 0.722605183931 Long EC CORP US N 1 N N N RENTOKIL INITIAL PLC 549300VN4WV7Z6T14K68 RENTOKIL INITIAL PLC N/A 12425315.00000000 NS 75340069.50000000 0.978160749077 Long EC CORP GB N 2 N N N ANTIN INFRASTRUCTURE PARTNERS SA 2138008FABJXP4HUOK53 ANTIN INFRASTRUCTURE PARTNERS SA N/A 198900.00000000 NS 4480371.27000000 0.058169886843 Long EC CORP FR N 1 N N N INDUTRADE AB 549300FISLQ6CEFP1867 INDUTRADE AB N/A 4506101.00000000 NS 99536158.49000000 1.292305196890 Long EC CORP SE N 1 N N N 2023-03-02 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_94_20230131.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Overseas Fund
January 31, 2023
OVE-NPRT1-0423
1.813070.118
Common Stocks - 98.7%
 
 
Shares
Value ($)
 
Bailiwick of Jersey - 2.5%
 
 
 
Experian PLC
 
1,994,100
72,923,251
Ferguson PLC
 
690,100
96,649,719
JTC PLC (a)
 
2,649,000
23,481,243
TOTAL BAILIWICK OF JERSEY
 
 
193,054,213
Belgium - 1.2%
 
 
 
Azelis Group NV
 
658,300
17,734,324
KBC Group NV
 
978,390
72,179,743
TOTAL BELGIUM
 
 
89,914,067
Bermuda - 0.5%
 
 
 
Hiscox Ltd.
 
2,935,313
40,693,413
Canada - 1.5%
 
 
 
Constellation Software, Inc.
 
59,400
104,945,878
Topicus.Com, Inc. (b)
 
122,288
7,059,443
TOTAL CANADA
 
 
112,005,321
Denmark - 3.3%
 
 
 
Carlsberg A/S Series B
 
303,600
43,099,567
DSV A/S
 
722,300
118,858,024
Novo Nordisk A/S Series B
 
659,700
91,295,802
TOTAL DENMARK
 
 
253,253,393
Finland - 1.1%
 
 
 
Nordea Bank ABP
 
7,207,600
83,933,362
France - 17.8%
 
 
 
Air Liquide SA
 
647,129
103,039,838
ALTEN
 
493,956
75,556,500
Antin Infrastructure Partners SA
 
198,900
4,480,371
BNP Paribas SA
 
1,492,200
102,487,085
Capgemini SA
 
600,933
113,609,620
Edenred SA
 
1,938,379
105,344,363
EssilorLuxottica SA (c)
 
598,413
109,229,812
LVMH Moet Hennessy Louis Vuitton SE
 
288,363
251,733,819
Pernod Ricard SA
 
539,800
111,441,594
Safran SA
 
783,600
112,678,127
Teleperformance
 
401,166
111,212,542
TotalEnergies SE (c)
 
2,777,544
171,709,976
TOTAL FRANCE
 
 
1,372,523,647
Germany - 7.6%
 
 
 
Allianz SE
 
428,601
102,484,443
Deutsche Borse AG
 
537,091
96,108,299
Hannover Reuck SE
 
464,900
94,108,466
Infineon Technologies AG
 
2,427,900
87,429,761
Merck KGaA
 
591,900
123,546,286
Siemens Healthineers AG (a)
 
1,475,900
79,150,529
TOTAL GERMANY
 
 
582,827,784
Hong Kong - 2.1%
 
 
 
AIA Group Ltd.
 
14,169,800
160,227,111
Chervon Holdings Ltd.
 
699,700
3,513,107
TOTAL HONG KONG
 
 
163,740,218
India - 1.6%
 
 
 
HCL Technologies Ltd.
 
2,077,700
28,711,552
HDFC Bank Ltd. (b)
 
4,972,900
98,067,910
TOTAL INDIA
 
 
126,779,462
Ireland - 3.8%
 
 
 
Flutter Entertainment PLC (b)
 
295,174
45,670,111
ICON PLC (b)
 
311,400
71,843,094
Kingspan Group PLC (Ireland)
 
1,160,000
74,152,327
Linde PLC
 
316,700
104,808,698
TOTAL IRELAND
 
 
296,474,230
Italy - 2.1%
 
 
 
FinecoBank SpA
 
4,669,000
83,498,610
GVS SpA (a)(b)(c)
 
528,100
2,782,204
Recordati SpA
 
1,698,130
74,084,877
TOTAL ITALY
 
 
160,365,691
Japan - 11.6%
 
 
 
Bandai Namco Holdings, Inc.
 
102,600
6,861,250
BayCurrent Consulting, Inc.
 
598,000
25,420,724
Capcom Co. Ltd.
 
944,700
30,611,889
FUJIFILM Holdings Corp.
 
1,063,600
56,286,973
Hoya Corp.
 
1,003,900
110,400,830
Iriso Electronics Co. Ltd.
 
501,900
16,842,763
Misumi Group, Inc.
 
1,737,300
43,723,458
NOF Corp.
 
941,400
40,101,020
Olympus Corp.
 
4,184,500
78,667,041
Persol Holdings Co. Ltd.
 
2,299,400
50,415,541
Relo Group, Inc.
 
1,741,700
29,515,564
SMC Corp.
 
154,000
78,218,295
Sony Group Corp.
 
1,419,900
126,870,320
Suzuki Motor Corp.
 
1,410,600
52,886,497
TIS, Inc.
 
1,338,700
38,601,885
Tokio Marine Holdings, Inc.
 
3,636,600
76,167,545
Tokyo Electron Ltd.
 
100,500
35,127,195
TOTAL JAPAN
 
 
896,718,790
Kenya - 0.2%
 
 
 
Safaricom Ltd.
 
99,329,800
18,669,215
Luxembourg - 0.9%
 
 
 
Eurofins Scientific SA
 
943,200
67,409,788
Netherlands - 7.7%
 
 
 
ASM International NV (Netherlands)
 
218,000
73,042,999
ASML Holding NV (Netherlands)
 
365,400
241,766,001
Euronext NV (a)
 
615,280
49,699,393
IMCD NV
 
622,424
98,150,730
Wolters Kluwer NV
 
1,174,700
127,899,072
TOTAL NETHERLANDS
 
 
590,558,195
Spain - 1.2%
 
 
 
Amadeus IT Holding SA Class A (b)
 
1,500,557
94,541,021
Sweden - 5.0%
 
 
 
Addlife AB
 
2,778,272
29,144,014
AddTech AB (B Shares)
 
3,841,696
61,128,578
Atlas Copco AB (A Shares)
 
7,024,444
83,352,501
Hexagon AB (B Shares)
 
7,868,642
90,202,225
Indutrade AB
 
4,506,101
99,536,158
Kry International AB (b)(d)(e)
 
2,787
501,901
Nordnet AB
 
1,189,863
19,268,599
TOTAL SWEDEN
 
 
383,133,976
Switzerland - 9.1%
 
 
 
Compagnie Financiere Richemont SA Series A
 
950,750
146,565,081
Julius Baer Group Ltd.
 
1,286,924
82,093,240
Nestle SA (Reg. S)
 
2,141,290
261,256,771
Partners Group Holding AG
 
66,700
62,219,334
Sika AG
 
420,382
119,450,234
Sonova Holding AG
 
120,021
29,877,429
TOTAL SWITZERLAND
 
 
701,462,089
Taiwan - 0.5%
 
 
 
Taiwan Semiconductor Manufacturing Co. Ltd.
 
2,125,000
37,467,000
United Kingdom - 11.4%
 
 
 
AstraZeneca PLC (United Kingdom)
 
1,357,400
177,836,429
BAE Systems PLC
 
6,056,800
64,117,602
Beazley PLC
 
4,595,935
37,679,555
Compass Group PLC
 
5,341,398
127,595,435
Dechra Pharmaceuticals PLC
 
948,595
33,517,163
Diageo PLC
 
3,553,000
155,358,869
Diploma PLC
 
1,567,295
52,750,142
London Stock Exchange Group PLC
 
36,300
3,323,083
RELX PLC (London Stock Exchange)
 
4,016,300
119,320,008
Rentokil Initial PLC
 
12,425,315
75,340,070
Volution Group PLC
 
7,215,267
33,535,439
TOTAL UNITED KINGDOM
 
 
880,373,795
United States of America - 6.0%
 
 
 
CBRE Group, Inc. (b)
 
769,300
65,782,843
Equifax, Inc.
 
161,400
35,863,080
Intercontinental Exchange, Inc.
 
591,800
63,648,090
Marsh & McLennan Companies, Inc.
 
647,200
113,201,752
Moody's Corp.
 
84,627
27,313,364
S&P Global, Inc.
 
245,805
92,162,127
Thermo Fisher Scientific, Inc.
 
106,300
60,626,079
TOTAL UNITED STATES OF AMERICA
 
 
458,597,335
 
TOTAL COMMON STOCKS
 (Cost $5,585,954,211)
 
 
 
7,604,496,005
 
 
 
 
Nonconvertible Preferred Stocks - 0.1%
 
 
Shares
Value ($)
 
Sweden - 0.1%
 
 
 
Kry International AB Series E (b)(d)(e)
  (Cost $7,360,943)
 
16,101
2,899,571
 
 
 
 
Money Market Funds - 1.0%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 4.38% (f)
 
49,268,403
49,278,257
Fidelity Securities Lending Cash Central Fund 4.38% (f)(g)
 
29,279,262
29,282,190
 
TOTAL MONEY MARKET FUNDS
 (Cost $78,560,447)
 
 
78,560,447
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.8%
 (Cost $5,671,875,601)
 
 
 
7,685,956,023
NET OTHER ASSETS (LIABILITIES) - 0.2%  
16,238,413
NET ASSETS - 100.0%
7,702,194,436
 
 
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
 
Legend
 
(a)
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 $155,113,369 or 2.0% of net assets.
 
(b)
Non-income producing
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
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 $3,401,472 or 0.0% of net assets.
 
(e)
Level 3 security
 
(f)
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.
 
(g)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Kry International AB
5/14/21
1,210,410
 
 
 
Kry International AB Series E
5/14/21
7,360,943
 
 
 
 
 
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 4.38%
214,978,741
283,571,960
449,272,444
852,104
-
-
49,278,257
0.1%
Fidelity Securities Lending Cash Central Fund 4.38%
17,314,388
337,354,588
325,386,786
379,641
-
-
29,282,190
0.1%
Total
232,293,129
620,926,548
774,659,230
1,231,745
-
-
78,560,447
 
 
 
 
 
 
 
 
 
 
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.
 
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