NPORT-EX 2 QTLY_2945_20211031.htm US_QtlyFinancialStatementsCoverMaster
Quarterly Holdings Report
for
Fidelity® Blue Chip Growth K6 Fund
October 31, 2021
BCFK6-NPRT1-1221
1.9884004.104
Common Stocks - 98.2%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 15.2%
 
 
 
Entertainment - 3.4%
 
 
 
Endeavor Group Holdings, Inc. (a)(b)
 
93,990
2,526,451
Endeavor Group Holdings, Inc. Class A (c)
 
85,166
2,289,262
Netflix, Inc. (a)
 
177,175
122,305,674
Roblox Corp. (a)
 
87,285
7,333,686
Roku, Inc. Class A (a)
 
49,361
15,050,169
Sea Ltd. ADR (a)
 
286,484
98,427,308
Universal Music Group NV
 
22,884
664,390
 
 
 
248,596,940
Interactive Media & Services - 11.4%
 
 
 
Alphabet, Inc. Class A (a)
 
146,385
433,434,274
Bumble, Inc.
 
44,923
2,359,356
Cars.com, Inc. (a)
 
51,554
671,233
fuboTV, Inc. (a)
 
23,800
709,478
Kuaishou Technology Class B (d)
 
277,420
3,690,376
Match Group, Inc. (a)
 
118,394
17,851,447
Meta Platforms, Inc. Class A (a)
 
835,746
270,422,333
Snap, Inc. Class A (a)
 
1,103,983
58,047,426
Tencent Holdings Ltd.
 
435,834
26,511,692
Yandex NV Series A (a)
 
21,000
1,739,640
Zoominfo Technologies, Inc. (a)
 
57,247
3,848,143
 
 
 
819,285,398
Media - 0.3%
 
 
 
Criteo SA sponsored ADR (a)
 
262,907
8,686,447
DISH Network Corp. Class A (a)
 
239,395
9,831,953
 
 
 
18,518,400
Wireless Telecommunication Services - 0.1%
 
 
 
T-Mobile U.S., Inc. (a)
 
87,033
10,011,406
TOTAL COMMUNICATION SERVICES
 
 
1,096,412,144
CONSUMER DISCRETIONARY - 28.4%
 
 
 
Automobiles - 5.2%
 
 
 
Ford Motor Co.
 
400,388
6,838,627
General Motors Co. (a)
 
254,113
13,831,371
Hyundai Motor Co.
 
5,890
1,048,059
Kia Corp.
 
17,860
1,296,606
Li Auto, Inc. Class A (a)
 
79,050
1,332,994
Neutron Holdings, Inc. (a)(c)(e)
 
491,550
63,902
NIO, Inc. sponsored ADR (a)
 
82,034
3,232,960
Rad Power Bikes, Inc. (c)(e)
 
101,681
974,490
Tesla, Inc. (a)
 
290,705
323,845,370
XPeng, Inc.:
 
 
 
 ADR (a)
 
485,383
22,633,409
 Class A
 
56,082
1,301,311
 
 
 
376,399,099
Diversified Consumer Services - 0.2%
 
 
 
Duolingo, Inc. (a)
 
5,883
1,021,818
FSN E-Commerce Ventures Private Ltd. (a)(c)
 
629,400
8,029,668
Mister Car Wash, Inc.
 
95,038
1,742,997
 
 
 
10,794,483
Hotels, Restaurants & Leisure - 4.2%
 
 
 
Airbnb, Inc. Class A
 
400,391
68,330,728
Caesars Entertainment, Inc. (a)
 
409,349
44,807,342
Chipotle Mexican Grill, Inc. (a)
 
18,306
32,566,923
Churchill Downs, Inc.
 
51,880
11,932,400
DraftKings, Inc. Class A (a)(b)
 
68,631
3,197,518
Dutch Bros, Inc.
 
52,820
4,026,997
Evolution AB (d)
 
36,271
5,867,219
Expedia, Inc. (a)
 
110,600
18,183,746
F45 Training Holdings, Inc.
 
32,982
452,843
First Watch Restaurant Group, Inc.
 
37,452
808,214
Flutter Entertainment PLC (a)
 
5,267
994,365
Hilton Worldwide Holdings, Inc. (a)
 
130,076
18,724,440
Marriott International, Inc. Class A (a)
 
160,724
25,719,054
MGM Resorts International
 
203,691
9,606,068
Penn National Gaming, Inc. (a)
 
751,108
53,779,333
Rush Street Interactive, Inc. (a)
 
34,000
684,420
Vail Resorts, Inc.
 
16,155
5,568,790
 
 
 
305,250,400
Household Durables - 0.5%
 
 
 
D.R. Horton, Inc.
 
40,489
3,614,453
Lennar Corp. Class A
 
50,766
5,073,046
Sonos, Inc. (a)
 
59,422
1,938,346
Tempur Sealy International, Inc.
 
213,852
9,509,998
Toll Brothers, Inc.
 
64,660
3,890,592
TRI Pointe Homes, Inc. (a)
 
176,925
4,279,816
Tupperware Brands Corp. (a)
 
459,513
10,219,569
 
 
 
38,525,820
Internet & Direct Marketing Retail - 7.8%
 
 
 
Amazon.com, Inc. (a)
 
138,472
466,987,127
BHG Group AB (a)
 
70,355
809,803
Cazoo Group Ltd.
 
438,858
3,673,241
Chewy, Inc. (a)(b)
 
138,355
10,487,309
Coupang, Inc. Class A (a)
 
79,578
2,368,241
Deliveroo PLC Class A (a)(d)
 
1,009,733
3,735,195
Delivery Hero AG (a)(d)
 
17,648
2,194,137
eBay, Inc.
 
259,666
19,921,576
Etsy, Inc. (a)
 
49,763
12,475,086
Farfetch Ltd. Class A (a)
 
88,837
3,483,299
Global-e Online Ltd. (a)
 
87,666
5,072,355
Overstock.com, Inc. (a)(b)
 
29,900
2,847,377
The Original BARK Co. (c)
 
229,270
1,687,427
The Original BARK Co. Class A (a)(b)
 
168,595
1,240,859
The RealReal, Inc. (a)
 
19,049
248,208
thredUP, Inc. (a)
 
47,912
1,036,816
Vivid Seats, Inc. Class A (b)
 
136,049
1,836,662
Wayfair LLC Class A (a)
 
69,574
17,330,883
Zomato Ltd. (c)
 
2,860,900
4,267,877
 
 
 
561,703,478
Leisure Products - 0.1%
 
 
 
Peloton Interactive, Inc. Class A (a)
 
92,065
8,418,424
Multiline Retail - 0.3%
 
 
 
Dollar Tree, Inc. (a)
 
29,437
3,172,131
Kohl's Corp.
 
77,615
3,766,656
Ollie's Bargain Outlet Holdings, Inc. (a)
 
97,794
6,616,742
Target Corp.
 
38,528
10,002,639
 
 
 
23,558,168
Specialty Retail - 5.9%
 
 
 
American Eagle Outfitters, Inc. (b)
 
978,794
23,236,570
Aritzia, Inc. (a)
 
151,704
5,974,510
Auto1 Group SE (d)
 
33,720
1,325,331
Bath & Body Works, Inc.
 
143,366
9,905,157
Boot Barn Holdings, Inc. (a)
 
26,178
2,735,339
Burlington Stores, Inc. (a)
 
72,064
19,910,563
Carvana Co. Class A (a)(b)
 
198,245
60,103,919
Citi Trends, Inc. (a)(b)
 
33,579
2,597,671
Dick's Sporting Goods, Inc.
 
151,725
18,845,762
Fanatics, Inc. Class A (c)(e)
 
113,614
5,381,895
Five Below, Inc. (a)
 
114,853
22,660,497
Floor & Decor Holdings, Inc. Class A (a)
 
199,668
27,138,875
Gap, Inc.
 
136,328
3,093,282
JD Sports Fashion PLC
 
153,905
2,291,618
Lowe's Companies, Inc.
 
465,211
108,775,636
RH (a)(b)
 
88,973
58,689,260
Signet Jewelers Ltd.
 
85,376
7,613,832
The Children's Place, Inc. (a)(b)
 
68,363
5,666,609
The Home Depot, Inc.
 
28,274
10,510,577
TJX Companies, Inc.
 
87,974
5,761,417
Victoria's Secret & Co. (a)
 
345,346
17,429,613
Volta, Inc. (a)
 
107,649
876,263
Warby Parker, Inc. (a)(b)
 
14,376
776,304
 
 
 
421,300,500
Textiles, Apparel & Luxury Goods - 4.2%
 
 
 
Allbirds, Inc. (a)(c)
 
11,760
148,176
Capri Holdings Ltd. (a)
 
561,153
29,875,786
Crocs, Inc. (a)
 
261,515
42,221,597
Deckers Outdoor Corp. (a)
 
45,780
18,097,292
Dr. Martens Ltd. (a)
 
256,273
1,293,464
Hermes International SCA
 
1,381
2,187,916
Levi Strauss & Co. Class A
 
39,204
1,026,361
lululemon athletica, Inc. (a)
 
140,073
65,275,419
LVMH Moet Hennessy Louis Vuitton SE
 
14,197
11,132,175
Moncler SpA
 
90,834
6,522,855
NIKE, Inc. Class B
 
450,389
75,345,576
On Holding AG
 
53,851
1,839,550
Puma AG
 
31,162
3,865,297
PVH Corp.
 
218,649
23,904,895
Samsonite International SA (a)(d)
 
1,070,078
2,305,058
Tapestry, Inc.
 
381,316
14,863,698
Under Armour, Inc. Class A (sub. vtg.) (a)
 
105,572
2,318,361
 
 
 
302,223,476
TOTAL CONSUMER DISCRETIONARY
 
 
2,048,173,848
CONSUMER STAPLES - 0.4%
 
 
 
Beverages - 0.2%
 
 
 
Celsius Holdings, Inc. (a)
 
133,610
12,896,037
Food & Staples Retailing - 0.0%
 
 
 
Blink Health, Inc. Series A1 (c)(e)
 
5,757
219,802
Costco Wholesale Corp.
 
4,401
2,163,268
Sweetgreen, Inc. warrants 1/21/26 (a)(c)(e)
 
38,133
150,625
Zur Rose Group AG (a)
 
2,529
897,690
 
 
 
3,431,385
Food Products - 0.0%
 
 
 
AppHarvest, Inc. (c)
 
85,265
513,295
Sovos Brands, Inc.
 
37,709
609,377
 
 
 
1,122,672
Personal Products - 0.1%
 
 
 
Olaplex Holdings, Inc.
 
130,167
3,632,961
The Beauty Health Co. (a)(b)
 
32,407
890,220
The Honest Co., Inc.
 
23,604
213,817
 
 
 
4,736,998
Tobacco - 0.1%
 
 
 
Altria Group, Inc.
 
112,628
4,968,021
JUUL Labs, Inc. Class A (a)(c)(e)
 
23,134
1,173,588
Swedish Match Co. AB
 
284,696
2,505,510
 
 
 
8,647,119
TOTAL CONSUMER STAPLES
 
 
30,834,211
ENERGY - 1.5%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Fluence Energy, Inc.
 
46,900
1,668,233
Oil, Gas & Consumable Fuels - 1.5%
 
 
 
Canadian Natural Resources Ltd.
 
26,014
1,105,637
Cenovus Energy, Inc. (Canada)
 
211,299
2,526,846
Cheniere Energy, Inc.
 
28,665
2,963,961
Coterra Energy, Inc.
 
35,402
754,771
Devon Energy Corp.
 
85,961
3,445,317
Diamondback Energy, Inc.
 
83,948
8,998,386
EOG Resources, Inc.
 
124,407
11,502,671
Hess Corp.
 
200,720
16,573,450
Phillips 66 Co.
 
75,292
5,630,336
Pioneer Natural Resources Co.
 
31,631
5,914,364
Range Resources Corp. (a)
 
256,106
5,972,392
Reliance Industries Ltd.
 
929,442
31,449,500
Reliance Industries Ltd.
 
52,149
1,323,606
Reliance Industries Ltd. sponsored GDR (d)
 
46,441
3,157,988
Tourmaline Oil Corp.
 
40,096
1,449,171
Valero Energy Corp.
 
71,289
5,512,778
 
 
 
108,281,174
TOTAL ENERGY
 
 
109,949,407
FINANCIALS - 1.7%
 
 
 
Banks - 0.6%
 
 
 
Bancorp, Inc., Delaware (a)
 
11,700
357,435
Bank of America Corp.
 
158,406
7,568,639
Kotak Mahindra Bank Ltd. (a)
 
72,602
1,967,388
Silvergate Capital Corp. (a)
 
9,700
1,519,214
Wells Fargo & Co.
 
531,205
27,176,448
 
 
 
38,589,124
Capital Markets - 0.6%
 
 
 
Charles Schwab Corp.
 
47,145
3,867,304
Coinbase Global, Inc. (a)(b)
 
21,665
6,920,234
ESS Tech, Inc. (c)
 
162,758
2,636,680
Goldman Sachs Group, Inc.
 
31,629
13,073,847
Morgan Stanley
 
140,270
14,416,951
Switchback II Corp. Class A (a)(b)
 
311,595
3,125,298
 
 
 
44,040,314
Consumer Finance - 0.4%
 
 
 
American Express Co.
 
94,932
16,497,283
LendingClub Corp. (a)
 
278,770
12,812,269
 
 
 
29,309,552
Diversified Financial Services - 0.1%
 
 
 
Ant International Co. Ltd. Class C (a)(c)(e)
 
403,977
868,551
WeWork, Inc. (c)
 
407,536
3,744,848
WeWork, Inc. (a)(b)
 
376,331
3,842,340
 
 
 
8,455,739
Insurance - 0.0%
 
 
 
Goosehead Insurance
 
6,756
974,891
Thrifts & Mortgage Finance - 0.0%
 
 
 
Housing Development Finance Corp. Ltd.
 
65,160
2,472,959
TOTAL FINANCIALS
 
 
123,842,579
HEALTH CARE - 7.6%
 
 
 
Biotechnology - 2.0%
 
 
 
Adagio Theraputics, Inc.
 
121,936
3,565,409
ADC Therapeutics SA (a)
 
42,241
1,224,567
Allakos, Inc. (a)
 
14,931
1,501,760
Alnylam Pharmaceuticals, Inc. (a)
 
82,863
13,221,620
Annexon, Inc. (a)
 
48,632
793,188
Arcutis Biotherapeutics, Inc. (a)
 
52,080
1,103,054
Argenx SE ADR (a)
 
9,442
2,851,106
Ascendis Pharma A/S sponsored ADR (a)
 
45,356
6,876,423
Avidity Biosciences, Inc. (a)
 
21,453
482,693
BioAtla, Inc.
 
14,716
430,149
Bolt Biotherapeutics, Inc.
 
31,824
416,576
Century Therapeutics, Inc.
 
31,554
709,018
Cerevel Therapeutics Holdings (a)
 
70,370
2,860,541
Cibus Corp. Series C (a)(c)(e)(f)
 
500,651
881,146
Connect Biopharma Holdings Ltd. ADR (a)
 
47,443
751,497
Day One Biopharmaceuticals, Inc. (a)
 
72,933
1,782,483
Erasca, Inc.
 
38,055
752,728
Generation Bio Co. (a)
 
71,739
1,503,649
Graphite Bio, Inc.
 
36,022
458,920
Horizon Therapeutics PLC (a)
 
194,168
23,282,685
Imago BioSciences, Inc.
 
24,368
648,676
Instil Bio, Inc. (a)
 
63,621
1,295,960
Intellia Therapeutics, Inc. (a)
 
8,661
1,151,740
Janux Therapeutics, Inc.
 
30,956
753,779
Karuna Therapeutics, Inc. (a)
 
17,665
2,479,813
Moderna, Inc. (a)
 
78,263
27,017,170
Monte Rosa Therapeutics, Inc.
 
31,654
742,286
Natera, Inc. (a)
 
10,858
1,244,001
Nuvalent, Inc. Class A (a)
 
24,449
597,289
Passage Bio, Inc. (a)
 
38,220
333,278
Prelude Therapeutics, Inc. (a)
 
27,828
489,216
Recursion Pharmaceuticals, Inc. (a)(b)
 
59,687
1,143,006
Regeneron Pharmaceuticals, Inc. (a)
 
31,146
19,931,571
Relay Therapeutics, Inc. (a)
 
30,241
1,005,513
Revolution Medicines, Inc. (a)
 
47,681
1,403,252
Seagen, Inc. (a)
 
2,856
503,598
Shattuck Labs, Inc.
 
20,830
402,019
Taysha Gene Therapies, Inc. (a)
 
16,250
254,150
Tenaya Therapeutics, Inc. (a)
 
42,316
1,087,944
TG Therapeutics, Inc. (a)
 
24,875
776,598
Turning Point Therapeutics, Inc. (a)
 
50,854
2,114,509
Twist Bioscience Corp. (a)
 
4,381
520,463
Tyra Biosciences, Inc.
 
34,258
767,037
Vaxcyte, Inc. (a)
 
40,183
940,282
Verve Therapeutics, Inc.
 
54,477
2,527,188
Xencor, Inc. (a)
 
35,496
1,404,222
Zai Lab Ltd. ADR (a)
 
31,601
3,299,144
 
 
 
140,282,916
Health Care Equipment & Supplies - 2.8%
 
 
 
Axonics Modulation Technologies, Inc. (a)
 
76,110
5,582,669
Boston Scientific Corp. (a)
 
117,515
5,068,422
CryoPort, Inc. (a)(b)
 
15,248
1,243,322
Danaher Corp.
 
74,033
23,081,268
DexCom, Inc. (a)
 
80,990
50,473,778
Figs, Inc. Class A (a)(b)
 
63,911
2,148,049
InMode Ltd. (a)
 
103,959
9,849,076
Insulet Corp. (a)
 
30,546
9,469,871
Intuitive Surgical, Inc. (a)
 
157,664
56,937,200
Outset Medical, Inc. (a)
 
26,718
1,423,268
Shockwave Medical, Inc. (a)
 
92,162
19,695,019
Sight Sciences, Inc.
 
23,136
623,978
Tandem Diabetes Care, Inc. (a)
 
82,902
11,302,030
The Cooper Companies, Inc.
 
2,915
1,215,322
 
 
 
198,113,272
Health Care Providers & Services - 0.6%
 
 
 
1Life Healthcare, Inc. (a)
 
62,625
1,356,458
agilon health, Inc. (a)
 
75,756
1,856,022
Alignment Healthcare, Inc. (a)
 
99,619
1,978,433
Cano Health, Inc. (a)
 
124,932
1,373,003
Guardant Health, Inc. (a)
 
87,277
10,193,081
Humana, Inc.
 
17,873
8,278,059
LifeStance Health Group, Inc.
 
47,624
570,536
Oak Street Health, Inc. (a)
 
16,231
766,590
Owens & Minor, Inc.
 
39,619
1,421,530
Surgery Partners, Inc. (a)
 
37,912
1,559,700
UnitedHealth Group, Inc.
 
32,174
14,815,162
 
 
 
44,168,574
Health Care Technology - 0.1%
 
 
 
Certara, Inc.
 
45,947
1,898,071
Definitive Healthcare Corp.
 
10,953
439,653
Doximity, Inc. (b)
 
25,911
1,800,296
GoodRx Holdings, Inc. (a)(b)
 
74,209
3,309,721
Medlive Technology Co. Ltd.
 
225,000
1,111,264
MultiPlan Corp. warrants 12/31/99 (a)(c)
 
13,856
7,214
 
 
 
8,566,219
Life Sciences Tools & Services - 0.5%
 
 
 
10X Genomics, Inc. (a)
 
37,033
5,972,312
23andMe Holding Co. Class B
 
14,918
164,255
Absci Corp.
 
73,369
1,076,323
Avantor, Inc. (a)
 
217,960
8,801,225
Bio-Rad Laboratories, Inc. Class A (a)
 
5,416
4,303,987
Eurofins Scientific SA
 
9,573
1,128,108
Joinn Laboratories China Co. Ltd. (H Shares) (d)
 
25,745
333,208
Maravai LifeSciences Holdings, Inc.
 
206,452
8,730,855
Nanostring Technologies, Inc. (a)
 
32,473
1,568,446
Olink Holding AB ADR (a)
 
74,941
2,410,103
Seer, Inc.
 
16,903
624,059
Stevanato Group SpA
 
26,993
692,910
Thermo Fisher Scientific, Inc.
 
3,609
2,284,750
Veterinary Emergency Group LLC Class A (c)(e)(f)
 
26,300
845,392
 
 
 
38,935,933
Pharmaceuticals - 1.6%
 
 
 
Antengene Corp. (d)
 
703,643
933,307
Arvinas Holding Co. LLC (a)
 
6,961
602,683
DICE Therapeutics, Inc.
 
12,520
401,892
Eli Lilly & Co.
 
209,638
53,407,377
GH Research PLC
 
29,869
755,984
Intra-Cellular Therapies, Inc. (a)
 
64,624
2,783,356
Longboard Pharmaceuticals, Inc. (a)
 
54,909
409,072
Nuvation Bio, Inc. (a)
 
128,854
1,181,591
Nuvation Bio, Inc. (c)
 
120,038
1,100,748
OptiNose, Inc. (a)
 
106,652
282,628
Pharvaris BV
 
26,505
470,199
Zoetis, Inc. Class A
 
240,816
52,064,419
 
 
 
114,393,256
TOTAL HEALTH CARE
 
 
544,460,170
INDUSTRIALS - 5.2%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Airbus Group NV (a)
 
32,757
4,202,135
Axon Enterprise, Inc. (a)
 
15,020
2,702,999
Howmet Aerospace, Inc.
 
153,966
4,571,251
Space Exploration Technologies Corp. Class A (a)(c)(e)
 
2,200
923,978
 
 
 
12,400,363
Building Products - 0.3%
 
 
 
Builders FirstSource, Inc. (a)
 
158,258
9,221,694
Carrier Global Corp.
 
95,653
4,995,956
The AZEK Co., Inc. (a)
 
99,409
3,647,316
 
 
 
17,864,966
Commercial Services & Supplies - 0.1%
 
 
 
ACV Auctions, Inc. Class A (a)
 
363,224
7,071,971
Driven Brands Holdings, Inc.
 
42,436
1,377,897
Li-Cycle Holdings Corp. (a)
 
168,310
2,177,931
 
 
 
10,627,799
Construction & Engineering - 0.0%
 
 
 
Dycom Industries, Inc. (a)
 
35,835
2,846,016
Electrical Equipment - 0.5%
 
 
 
Acuity Brands, Inc.
 
84,980
17,457,441
Array Technologies, Inc.
 
231,594
4,944,532
Contemporary Amperex Technology Co. Ltd.
 
8,600
858,181
Generac Holdings, Inc. (a)
 
2,010
1,002,106
Sunrun, Inc. (a)
 
139,492
8,045,899
 
 
 
32,308,159
Industrial Conglomerates - 0.2%
 
 
 
General Electric Co.
 
152,400
15,982,188
Machinery - 0.2%
 
 
 
AutoStore Holdings Ltd.
 
855,500
3,371,710
Deere & Co.
 
25,031
8,568,362
Proterra, Inc. Class A (a)
 
172,131
1,929,589
 
 
 
13,869,661
Professional Services - 0.2%
 
 
 
First Advantage Corp.
 
63,613
1,189,563
KBR, Inc.
 
51,294
2,176,917
Otonomo Technologies Ltd. (c)
 
6,304
30,511
Recruit Holdings Co. Ltd.
 
44,500
2,960,096
Sterling Check Corp.
 
56,624
1,214,585
Upwork, Inc. (a)
 
167,909
7,911,872
 
 
 
15,483,544
Road & Rail - 3.5%
 
 
 
Avis Budget Group, Inc. (a)
 
64,999
11,264,977
Lyft, Inc. (a)
 
2,408,181
110,463,262
TuSimple Holdings, Inc. (a)(b)
 
113,449
4,438,125
Uber Technologies, Inc. (a)
 
2,844,052
124,626,359
 
 
 
250,792,723
TOTAL INDUSTRIALS
 
 
372,175,419
INFORMATION TECHNOLOGY - 36.8%
 
 
 
Electronic Equipment & Components - 0.0%
 
 
 
Hon Hai Precision Industry Co. Ltd. (Foxconn)
 
405,000
1,556,294
IT Services - 3.9%
 
 
 
Adyen BV (a)(d)
 
496
1,496,586
Affirm Holdings, Inc.
 
16,723
2,717,488
Cloudflare, Inc. (a)
 
1,115
217,113
Cyxtera Technologies, Inc. (c)
 
122,533
1,217,978
Digitalocean Holdings, Inc. (a)(b)
 
292,488
28,543,904
Dlocal Ltd.
 
94,536
4,585,941
Endava PLC ADR (a)
 
31,748
5,030,788
Flywire Corp. (a)
 
28,932
1,372,534
Globant SA (a)
 
4,205
1,342,194
Marqeta, Inc. Class A
 
25,401
777,271
MongoDB, Inc. Class A (a)
 
24,979
13,021,303
Payfare, Inc. (a)
 
96,094
692,597
PayPal Holdings, Inc. (a)
 
372,503
86,640,473
Remitly Global, Inc.
 
11,247
344,383
Shopify, Inc. Class A (a)
 
27,593
40,288,545
Snowflake Computing, Inc. (a)
 
15,545
5,500,443
Square, Inc. (a)(b)
 
171,418
43,625,881
Squarespace, Inc. Class A (a)
 
18,314
713,147
TaskUs, Inc.
 
75,227
4,355,643
TDCX, Inc. ADR
 
52,655
1,510,145
Thoughtworks Holding, Inc.
 
63,176
1,825,155
Toast, Inc.
 
16,527
879,567
Twilio, Inc. Class A (a)
 
110,554
32,211,013
 
 
 
278,910,092
Semiconductors & Semiconductor Equipment - 11.0%
 
 
 
Advanced Micro Devices, Inc. (a)
 
5,700
685,311
ASML Holding NV
 
10,233
8,318,201
Cirrus Logic, Inc. (a)
 
69,472
5,614,032
Enphase Energy, Inc. (a)
 
76,841
17,798,681
GlobalFoundries, Inc.
 
120,200
5,858,548
Marvell Technology, Inc.
 
3,202,948
219,401,938
NVIDIA Corp.
 
1,529,471
391,039,851
NXP Semiconductors NV
 
462,159
92,829,257
ON Semiconductor Corp. (a)
 
196,150
9,428,931
Silergy Corp.
 
10,000
1,644,820
SiTime Corp. (a)
 
6,738
1,784,829
Synaptics, Inc. (a)
 
17,932
3,489,029
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR
 
66,636
7,576,513
Teradyne, Inc.
 
142,585
19,710,950
Wolfspeed, Inc. (a)
 
31,026
3,726,533
 
 
 
788,907,424
Software - 13.8%
 
 
 
Adobe, Inc. (a)
 
149,936
97,512,377
Amplitude, Inc. (a)(b)
 
70,120
5,209,215
AppLovin Corp. (a)(b)
 
109,765
10,784,411
Atlassian Corp. PLC (a)
 
16,392
7,509,667
Avalara, Inc. (a)
 
16,334
2,934,240
AvidXchange Holdings, Inc.
 
26,796
595,675
Bill.Com Holdings, Inc. (a)
 
8,538
2,512,819
Cadence Design Systems, Inc. (a)
 
51,628
8,937,323
Cipher Mining, Inc. (c)
 
327,292
2,572,515
Clearwater Analytics Holdings, Inc.
 
25,862
581,378
Confluent, Inc. (b)
 
44,446
3,020,106
Copperleaf Technologies, Inc.
 
31,979
668,985
Coupa Software, Inc. (a)
 
37,086
8,444,482
Crowdstrike Holdings, Inc. (a)
 
43,648
12,300,006
Datadog, Inc. Class A (a)
 
5,780
965,549
DocuSign, Inc. (a)
 
74,097
20,620,454
DoubleVerify Holdings, Inc. (a)
 
116,300
4,597,339
DoubleVerify Holdings, Inc. (d)
 
185,753
7,342,816
EngageSmart, Inc.
 
22,982
770,586
Epic Games, Inc. (a)(c)(e)
 
607
515,046
ForgeRock, Inc.
 
19,755
583,168
Fortinet, Inc. (a)
 
4,596
1,545,819
Freshworks, Inc. (b)
 
74,814
3,759,404
GitLab, Inc.
 
5,672
636,398
HubSpot, Inc. (a)
 
42,074
34,089,617
Intuit, Inc.
 
37,183
23,276,186
IonQ, Inc. (c)
 
155,400
2,337,216
Lightspeed Commerce, Inc. (Canada) (a)
 
158,591
15,458,009
Microsoft Corp.
 
1,364,708
452,564,467
Monday.com Ltd.
 
4,155
1,544,954
Palo Alto Networks, Inc. (a)
 
1,474
750,399
Pine Labs Private Ltd. (c)(e)
 
1,109
475,445
Procore Technologies, Inc. (a)
 
5,928
542,116
Riskified Ltd. (a)
 
22,316
431,591
Riskified Ltd.:
 
 
 
 Class A
 
42,037
772,346
 Class B
 
84,074
1,544,692
Salesforce.com, Inc. (a)
 
485,492
145,497,097
SentinelOne, Inc. (b)
 
108,124
7,179,434
ServiceNow, Inc. (a)
 
27,953
19,504,485
Similarweb Ltd. (a)
 
51,246
985,973
Sinch AB (a)(d)
 
30,116
571,075
Stripe, Inc. Class B (a)(c)(e)
 
19,200
770,400
Stronghold Digital Mining, Inc. Class A (b)
 
43,700
1,200,002
Telos Corp.
 
46,295
1,199,503
Teradata Corp. (a)
 
29,143
1,648,328
The Trade Desk, Inc. (a)
 
185,159
13,870,261
UiPath, Inc. Class A (a)(b)
 
155,229
7,800,257
Volue A/S
 
292,525
2,046,453
Workday, Inc. Class A (a)
 
68,823
19,957,294
Zoom Video Communications, Inc. Class A (a)
 
128,065
35,173,052
 
 
 
996,110,430
Technology Hardware, Storage & Peripherals - 8.1%
 
 
 
Apple, Inc.
 
3,884,865
581,952,771
TOTAL INFORMATION TECHNOLOGY
 
 
2,647,437,011
MATERIALS - 1.2%
 
 
 
Chemicals - 0.8%
 
 
 
Albemarle Corp. U.S.
 
15,055
3,770,826
CF Industries Holdings, Inc.
 
132,587
7,530,942
Corbion NV
 
1,052
49,982
Corteva, Inc.
 
75,815
3,271,417
Nutrien Ltd.
 
288,081
20,134,944
Olin Corp.
 
52,212
2,975,040
The Chemours Co. LLC
 
173,332
4,856,763
The Mosaic Co.
 
286,977
11,929,634
 
 
 
54,519,548
Construction Materials - 0.0%
 
 
 
Eagle Materials, Inc.
 
19,973
2,963,194
Metals & Mining - 0.4%
 
 
 
Freeport-McMoRan, Inc.
 
640,658
24,165,620
Gatos Silver, Inc.
 
140,130
1,695,573
 
 
 
25,861,193
Paper & Forest Products - 0.0%
 
 
 
West Fraser Timber Co. Ltd.
 
42,174
3,376,714
TOTAL MATERIALS
 
 
86,720,649
REAL ESTATE - 0.2%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.1%
 
 
 
Lamar Advertising Co. Class A
 
11,155
1,262,746
Simon Property Group, Inc.
 
53,355
7,820,776
 
 
 
9,083,522
Real Estate Management & Development - 0.1%
 
 
 
Opendoor Technologies, Inc. (a)(b)
 
90,370
2,142,673
Redfin Corp. (a)(b)
 
42,153
2,164,135
 
 
 
4,306,808
TOTAL REAL ESTATE
 
 
13,390,330
UTILITIES - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Brookfield Renewable Corp.
 
20,550
851,158
 
TOTAL COMMON STOCKS
 (Cost $3,969,203,662)
 
 
 
7,074,246,926
 
 
 
 
Preferred Stocks - 1.5%
 
 
Shares
Value ($)
 
Convertible Preferred Stocks - 1.4%
 
 
 
COMMUNICATION SERVICES - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%  
 
 
 
Starry, Inc.:
 
 
 
  Series C(a)(c)
 
158,250
242,051
  Series D(a)(c)
 
553,263
846,243
  Series E3(c)
 
373,793
571,735
 
 
 
1,660,029
CONSUMER DISCRETIONARY - 0.7%
 
 
 
Automobiles - 0.4%  
 
 
 
Bird Rides, Inc. (c)
 
367,551
4,344,699
Bird Rides, Inc.:
 
 
 
  Series C1(c)
 
146,154
1,100,589
  Series D(c)
 
22,200
167,174
Rad Power Bikes, Inc.:
 
 
 
  Series A(c)(e)
 
13,256
127,043
  Series C(c)(e)
 
52,162
499,910
  Series D(c)(e)
 
102,800
985,215
Rivian Automotive, Inc.:
 
 
 
  Series E(a)(c)(e)
 
225,415
13,766,094
  Series F(c)(e)
 
110,275
6,734,494
 
 
 
27,725,218
Internet & Direct Marketing Retail - 0.3%  
 
 
 
GoBrands, Inc.:
 
 
 
  Series G(c)(e)
 
18,300
7,109,367
  Series H(c)(e)
 
11,467
4,454,815
Instacart, Inc.:
 
 
 
  Series H(c)(e)
 
27,205
3,154,420
  Series I(c)(e)
 
13,064
1,514,771
Reddit, Inc.:
 
 
 
  Series E(c)(e)
 
4,835
298,776
  Series F(c)(e)
 
51,156
3,161,154
 
 
 
19,693,303
Textiles, Apparel & Luxury Goods - 0.0%  
 
 
 
Algolia SAS Series D (c)(e)
 
30,436
890,102
Allbirds, Inc.:
 
 
 
  Series A(a)(c)
 
4,640
58,464
  Series B(a)(c)
 
815
10,269
  Series C(a)(c)
 
7,790
98,154
  Series Seed(a)(c)
 
2,495
31,437
Discord, Inc. Series I (c)(e)
 
700
385,437
 
 
 
1,473,863
TOTAL CONSUMER DISCRETIONARY
 
 
48,892,384
 
 
 
 
CONSUMER STAPLES - 0.1%
 
 
 
Food & Staples Retailing - 0.1%  
 
 
 
Blink Health, Inc. Series C (a)(c)(e)
 
16,970
647,915
Sweetgreen, Inc.:
 
 
 
  Series C(a)(c)(e)
 
1,240
16,306
  Series D(a)(c)(e)
 
19,947
262,303
  Series H(a)(c)(e)
 
211,642
2,783,092
  Series I(a)(c)(e)
 
47,013
618,221
  Series J(c)(e)
 
38,133
501,449
 
 
 
4,829,286
Food Products - 0.0%  
 
 
 
AgBiome LLC Series C (a)(c)(e)
 
68,700
407,239
Bowery Farming, Inc. Series C1 (c)(e)
 
17,874
1,076,896
 
 
 
1,484,135
Tobacco - 0.0%  
 
 
 
JUUL Labs, Inc. Series E (a)(c)(e)
 
12,508
634,531
 
 
 
 
TOTAL CONSUMER STAPLES
 
 
6,947,952
 
 
 
 
FINANCIALS - 0.0%
 
 
 
Diversified Financial Services - 0.0%  
 
 
 
Sonder Holdings, Inc. Series D1 (a)(c)
 
47,507
683,398
 
 
 
 
INDUSTRIALS - 0.2%
 
 
 
Aerospace & Defense - 0.2%  
 
 
 
ABL Space Systems:
 
 
 
  Series B(c)(e)
 
29,724
2,021,116
  Series B2(c)(e)
 
17,155
1,166,473
Relativity Space, Inc. Series E (c)(e)
 
276,014
6,302,807
Space Exploration Technologies Corp. Series N (a)(c)(e)
 
8,141
3,419,139
 
 
 
12,909,535
Construction & Engineering - 0.0%  
 
 
 
Beta Technologies, Inc. Series A (c)(e)
 
11,104
813,590
 
 
 
 
Transportation Infrastructure - 0.0%  
 
 
 
Delhivery Private Ltd. Series H (c)(e)
 
2,719
1,293,389
 
 
 
 
TOTAL INDUSTRIALS
 
 
15,016,514
 
 
 
 
INFORMATION TECHNOLOGY - 0.3%
 
 
 
Communications Equipment - 0.1%  
 
 
 
Meesho Series F (c)(e)
 
63,600
4,876,358
Xsight Labs Ltd. Series D (c)(e)
 
130,900
1,046,676
 
 
 
5,923,034
Electronic Equipment & Components - 0.0%  
 
 
 
Enevate Corp. Series E (c)(e)
 
1,325,513
1,469,575
 
 
 
 
IT Services - 0.1%  
 
 
 
ByteDance Ltd. Series E1 (c)(e)
 
31,950
3,972,024
Yanka Industries, Inc. Series F (c)(e)
 
55,991
1,784,814
 
 
 
5,756,838
Semiconductors & Semiconductor Equipment - 0.0%  
 
 
 
Astera Labs, Inc. Series C (c)(e)
 
180,900
608,150
SiMa.ai Series B (c)(e)
 
313,000
1,604,876
Tenstorrent, Inc. Series C1 (c)(e)
 
8,600
511,307
 
 
 
2,724,333
Software - 0.1%  
 
 
 
Databricks, Inc.:
 
 
 
  Series G(c)(e)
 
16,000
3,527,238
  Series H(c)(e)
 
10,524
2,320,041
Nuvia, Inc. Series B (a)(c)
 
178,648
145,995
Skyryse, Inc. Series B (c)(e)
 
67,400
1,663,430
Stripe, Inc. Series H (c)(e)
 
8,086
324,451
 
 
 
7,981,155
TOTAL INFORMATION TECHNOLOGY
 
 
23,854,935
 
 
 
 
MATERIALS - 0.1%
 
 
 
Metals & Mining - 0.1%  
 
 
 
Diamond Foundry, Inc. Series C (c)(e)
 
249,802
5,762,932
 
 
 
 
UTILITIES - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%  
 
 
 
Redwood Materials Series C (c)(e)
 
37,990
1,800,858
 
 
 
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 
 
104,619,002
Nonconvertible Preferred Stocks - 0.1%
 
 
 
CONSUMER DISCRETIONARY - 0.0%
 
 
 
Automobiles - 0.0%  
 
 
 
Neutron Holdings, Inc.:
 
 
 
  Series 1C(a)(c)(e)
 
3,178,083
413,151
  Series 1D(a)(c)(e)
 
5,904,173
767,542
Waymo LLC Series A2 (a)(c)(e)
 
7,817
716,991
 
 
 
1,897,684
INFORMATION TECHNOLOGY - 0.1%
 
 
 
IT Services - 0.0%  
 
 
 
Gupshup, Inc. (c)(e)
 
78,911
1,804,316
 
 
 
 
Software - 0.1%  
 
 
 
Pine Labs Private Ltd.:
 
 
 
  Series 1(c)(e)
 
2,652
1,136,952
  Series A(c)(e)
 
663
284,238
  Series B(c)(e)
 
721
309,104
  Series B2(c)(e)
 
583
249,941
  Series C(c)(e)
 
1,085
465,156
  Series C1(c)(e)
 
228
97,747
  Series D(c)(e)
 
244
104,606
 
 
 
2,647,744
TOTAL INFORMATION TECHNOLOGY
 
 
4,452,060
 
 
 
 
TOTAL NONCONVERTIBLE PREFERRED STOCKS
 
 
6,349,744
 
TOTAL PREFERRED STOCKS
 (Cost $89,430,504)
 
 
 
110,968,746
 
 
 
 
Convertible Bonds - 0.1%
 
 
Principal
Amount (g)
 
Value ($)
 
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Neutron Holdings, Inc.:
 
 
 
 0% 10/27/25 (c)(e)
 
2,430,300
2,430,300
 4% 5/22/27 (c)(e)
 
237,400
237,400
 4% 6/12/27 (c)(e)
 
64,200
64,200
Rivian Automotive, Inc. 0% 7/15/26 (c)(e)
 
2,266,776
2,266,776
 
 
 
4,998,676
CONSUMER STAPLES - 0.0%
 
 
 
Food & Staples Retailing - 0.0%
 
 
 
The Real Good Food Co. LLC 1% (c)(e)(h)
 
1,339,400
1,339,400
FINANCIALS - 0.0%
 
 
 
Diversified Financial Services - 0.0%
 
 
 
Sonder Holdings, Inc. 0% (c)(h)
 
446,304
434,193
 
TOTAL CONVERTIBLE BONDS
 (Cost $6,784,380)
 
 
 
6,772,269
 
 
 
 
Preferred Securities - 0.1%
 
 
Principal
Amount (g)
 
Value ($)
 
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Internet & Direct Marketing Retail - 0.1%
 
 
 
Circle Internet Financial Ltd. 0% (c)(h)
 
2,232,400
2,771,887
INFORMATION TECHNOLOGY - 0.0%
 
 
 
Electronic Equipment & Components - 0.0%
 
 
 
Enevate Corp. 0% 1/29/23 (c)(e)
 
564,345
564,345
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Tenstorrent, Inc. 0% (c)(e)(h)
 
480,000
480,000
TOTAL INFORMATION TECHNOLOGY
 
 
1,044,345
 
TOTAL PREFERRED SECURITIES
 (Cost $3,276,745)
 
 
 
3,816,232
 
 
 
 
Money Market Funds - 2.1%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 0.06% (i)
 
13,193,534
13,196,173
Fidelity Securities Lending Cash Central Fund 0.06% (i)(j)
 
141,245,797
141,259,922
 
TOTAL MONEY MARKET FUNDS
 (Cost $154,456,095)
 
 
154,456,095
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 102.0%
 (Cost $4,223,151,386)
 
 
 
7,350,260,268
NET OTHER ASSETS (LIABILITIES) - (2.0)%  
(147,463,719)
NET ASSETS - 100.0%
7,202,796,549
 
 
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 $165,384,922 or 2.3% of net assets.
 
(d)
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 $32,952,296 or 0.5% of net assets.
 
(e)
Level 3 security
 
(f)
Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.
 
(g)
Amount is stated in United States dollars unless otherwise noted.
 
(h)
Security is perpetual in nature with no stated maturity date.
 
(i)
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.
 
(j)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
ABL Space Systems Series B
3/24/21
1,338,638
ABL Space Systems Series B2
10/22/21
1,166,473
AgBiome LLC Series C
6/29/18
435,125
Algolia SAS Series D
7/23/21
890,102
Allbirds, Inc.
10/09/18
128,974
Allbirds, Inc. Series A
10/09/18
50,888
Allbirds, Inc. Series B
10/09/18
8,938
Allbirds, Inc. Series C
10/09/18
85,434
Allbirds, Inc. Series Seed
10/09/18
27,363
Ant International Co. Ltd. Class C
5/16/18
1,539,709
AppHarvest, Inc.
1/29/21
852,650
Astera Labs, Inc. Series C
8/24/21
608,150
Beta Technologies, Inc. Series A
4/09/21
813,590
Bird Rides, Inc.
2/12/21 - 4/20/21
1,893,231
Bird Rides, Inc. Series C1
12/21/18
1,716,652
Bird Rides, Inc. Series D
9/30/19
286,773
Blink Health, Inc. Series A1
12/30/20
155,957
Blink Health, Inc. Series C
11/07/19 - 7/14/21
647,847
Bowery Farming, Inc. Series C1
5/18/21
1,076,896
ByteDance Ltd. Series E1
11/18/20
3,500,895
Cibus Corp. Series C
2/16/18 - 6/23/21
858,881
Cipher Mining, Inc.
3/04/21
3,272,920
Circle Internet Financial Ltd. 0%
5/11/21
2,232,400
Cyxtera Technologies, Inc.
2/21/21
1,225,330
Databricks, Inc. Series G
2/01/21
2,837,886
Databricks, Inc. Series H
8/31/21
2,320,041
Delhivery Private Ltd. Series H
5/20/21
1,327,209
Diamond Foundry, Inc. Series C
3/15/21
5,995,248
Discord, Inc. Series I
9/15/21
385,437
Endeavor Group Holdings, Inc. Class A
3/29/21
2,043,984
Enevate Corp. Series E
1/29/21
1,469,576
Enevate Corp. 0% 1/29/23
1/29/21
564,345
Epic Games, Inc.
7/30/20
349,025
ESS Tech, Inc.
5/06/21
1,627,580
Fanatics, Inc. Class A
8/13/20 - 3/22/21
2,081,557
FSN E-Commerce Ventures Private Ltd.
10/07/20 - 10/26/20
1,727,161
GoBrands, Inc. Series G
3/02/21
4,569,827
GoBrands, Inc. Series H
7/22/21
4,454,821
Gupshup, Inc.
6/08/21
1,804,316
Instacart, Inc. Series H
11/13/20
1,632,300
Instacart, Inc. Series I
2/26/21
1,633,000
IonQ, Inc.
3/07/21
1,554,000
JUUL Labs, Inc. Class A
12/20/17 - 7/06/18
645,585
JUUL Labs, Inc. Series E
12/20/17 - 7/06/18
342,963
Meesho Series F
9/21/21
4,876,358
MultiPlan Corp. warrants 12/31/99
10/08/20
0
Neutron Holdings, Inc.
2/04/21
4,916
Neutron Holdings, Inc. Series 1C
7/03/18
581,081
Neutron Holdings, Inc. Series 1D
1/25/19
1,431,762
Neutron Holdings, Inc. 0% 10/27/25
10/29/21
2,430,300
Neutron Holdings, Inc. 4% 5/22/27
6/04/20
237,400
Neutron Holdings, Inc. 4% 6/12/27
6/12/20
64,200
Nuvation Bio, Inc.
2/10/21
1,200,380
Nuvia, Inc. Series B
3/16/21
145,994
Otonomo Technologies Ltd.
1/31/21 - 9/10/21
62,647
Pine Labs Private Ltd.
6/30/21
413,502
Pine Labs Private Ltd. Series 1
6/30/21
988,825
Pine Labs Private Ltd. Series A
6/30/21
247,206
Pine Labs Private Ltd. Series B
6/30/21
268,832
Pine Labs Private Ltd. Series B2
6/30/21
217,377
Pine Labs Private Ltd. Series C
6/30/21
404,553
Pine Labs Private Ltd. Series C1
6/30/21
85,012
Pine Labs Private Ltd. Series D
6/30/21
90,978
Rad Power Bikes, Inc.
1/21/21
490,493
Rad Power Bikes, Inc. Series A
1/21/21
63,945
Rad Power Bikes, Inc. Series C
1/21/21
251,621
Rad Power Bikes, Inc. Series D
9/17/21
985,215
Reddit, Inc. Series E
5/18/21
205,363
Reddit, Inc. Series F
8/11/21
3,161,154
Redwood Materials Series C
5/28/21
1,800,858
Relativity Space, Inc. Series E
5/27/21
6,302,807
Rivian Automotive, Inc. Series E
7/10/20
3,491,678
Rivian Automotive, Inc. Series F
1/19/21
4,063,634
Rivian Automotive, Inc. 0% 7/15/26
7/23/21
2,266,776
SiMa.ai Series B
5/10/21
1,604,876
Skyryse, Inc. Series B
10/21/21
1,663,430
Sonder Holdings, Inc. Series D1
12/20/19
498,633
Sonder Holdings, Inc. 0%
3/18/21
446,304
Space Exploration Technologies Corp. Class A
2/16/21
923,978
Space Exploration Technologies Corp. Series N
8/04/20
2,198,070
Starry, Inc. Series C
12/08/17
145,907
Starry, Inc. Series D
3/06/19 - 7/30/20
791,166
Starry, Inc. Series E3
3/31/21
627,972
Stripe, Inc. Class B
5/18/21
770,465
Stripe, Inc. Series H
3/15/21
324,451
Sweetgreen, Inc. warrants 1/21/26
1/21/21
0
Sweetgreen, Inc. Series C
9/13/19
21,204
Sweetgreen, Inc. Series D
9/13/19
341,094
Sweetgreen, Inc. Series H
11/09/18
2,759,812
Sweetgreen, Inc. Series I
9/13/19
803,922
Sweetgreen, Inc. Series J
1/21/21
652,074
Tenstorrent, Inc. Series C1
4/23/21
511,307
Tenstorrent, Inc. 0%
4/23/21
480,000
The Original BARK Co.
12/17/20 - 8/13/21
2,230,929
The Real Good Food Co. LLC 1%
5/07/21
1,339,400
Veterinary Emergency Group LLC Class A
9/16/21
845,392
Waymo LLC Series A2
5/08/20
671,224
WeWork, Inc.
3/25/21
4,075,360
Xsight Labs Ltd. Series D
2/16/21
1,046,676
Yanka Industries, Inc. Series F
4/08/21
1,784,814
Zomato Ltd.
12/09/20 - 2/10/21
2,004,664
 
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 0.06%
145,904,096
402,260,189
534,968,112
14,908
-
-
13,196,173
0.0%
Fidelity Securities Lending Cash Central Fund 0.06%
76,396,587
205,043,755
140,180,420
95,587
-
-
141,259,922
0.4%
Total
222,300,683
607,303,944
675,148,532
110,495
-
-
154,456,095
 
 
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, changes in interest rates and credit quality. 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 inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
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)
 
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 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 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.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Convertible Bonds and Preferred Securities are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
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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