0001752724-23-145779.txt : 20230627 0001752724-23-145779.hdr.sgml : 20230627 20230627123617 ACCESSION NUMBER: 0001752724-23-145779 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230430 FILED AS OF DATE: 20230627 DATE AS OF CHANGE: 20230627 PERIOD START: 20230731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04118 FILM NUMBER: 231045325 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 0000754510 S000007196 Fidelity Blue Chip Value Fund C000019694 Fidelity Blue Chip Value Fund FBCVX NPORT-P 1 primary_doc.xml NPORT-P false 0000754510 XXXXXXXX S000007196 C000019694 Fidelity Securities Fund 811-04118 0000754510 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Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 36100.00000000 NS USD 17764449.00000000 2.335006184705 Long EC CORP US N 1 N N N GEN DIGITAL INC YF6ZV0M6AU4FY94MK914 GEN DIGITAL INC 668771108 570300.00000000 NS USD 10077201.00000000 1.324573965650 Long EC CORP US N 1 N N N ROSS STORES INC 549300ENZFLPGRDFZQ60 ROSS STORES INC 778296103 62400.00000000 NS USD 6659952.00000000 0.875401714392 Long EC CORP US N 1 N N N AMDOCS LIMITED 549300HQV672RJ7RQV66 AMDOCS LTD N/A 127300.00000000 NS USD 11616125.00000000 1.526854208498 Long EC CORP GG N 1 N N N OVINTIV INC 2549003MEX7YMKLGI239 OVINTIV INC 69047Q102 166000.00000000 NS USD 5989280.00000000 0.787246811985 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 104800.00000000 NS USD 11249232.00000000 1.478628821709 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 95200.00000000 NS USD 12399800.00000000 1.629862524253 Long EC CORP US N 1 N N N 2023-05-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_1271_20230430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Blue Chip Value Fund
April 30, 2023
BCV-NPRT3-0623
1.800334.119
Common Stocks - 92.8%
 
  
Shares
Value ($)
 
COMMUNICATION SERVICES - 10.7%
 
  
  
Entertainment - 4.4%
  
  
  
Activision Blizzard, Inc.
 
429,400
33,368,674
Interactive Media & Services - 1.5%
  
  
  
Alphabet, Inc. Class A (a)
  
104,800
11,249,232
Media - 4.8%
  
  
  
Comcast Corp. Class A
 
878,700
36,351,819
TOTAL COMMUNICATION SERVICES
  
  
80,969,725
CONSUMER DISCRETIONARY - 3.7%
 
  
  
Diversified Consumer Services - 2.8%
  
  
  
H&R Block, Inc.
 
634,620
21,519,964
Specialty Retail - 0.9%
  
  
  
Ross Stores, Inc.
 
62,400
6,659,952
TOTAL CONSUMER DISCRETIONARY
  
  
28,179,916
CONSUMER STAPLES - 6.8%
 
  
  
Consumer Staples Distribution & Retail - 1.0%
  
  
  
Dollar General Corp.
 
35,600
7,883,976
Food Products - 3.9%
  
  
  
Mondelez International, Inc.
 
230,800
17,706,976
Tyson Foods, Inc. Class A
 
191,900
11,991,831
 
  
  
29,698,807
Household Products - 1.9%
  
  
  
Reckitt Benckiser Group PLC
 
178,800
14,448,795
TOTAL CONSUMER STAPLES
  
  
52,031,578
ENERGY - 10.4%
 
  
  
Oil, Gas & Consumable Fuels - 10.4%
  
  
  
ConocoPhillips Co.
 
202,800
20,866,092
Exxon Mobil Corp.
 
387,400
45,844,917
Ovintiv, Inc.
 
166,000
5,989,280
Parex Resources, Inc.
 
313,700
6,369,625
 
  
  
79,069,914
FINANCIALS - 23.0%
 
  
  
Banks - 12.9%
  
  
  
Bank of America Corp.
 
844,500
24,726,960
JPMorgan Chase & Co.
 
216,800
29,970,432
M&T Bank Corp.
 
73,900
9,296,620
PNC Financial Services Group, Inc.
 
95,200
12,399,800
U.S. Bancorp
 
312,600
10,715,928
Wells Fargo & Co.
 
285,900
11,364,525
 
  
  
98,474,265
Financial Services - 5.5%
  
  
  
Berkshire Hathaway, Inc. Class B (a)
  
127,100
41,758,705
Insurance - 4.6%
  
  
  
Chubb Ltd.
 
73,800
14,875,128
The Travelers Companies, Inc.
 
68,100
12,335,634
Willis Towers Watson PLC
 
33,300
7,712,280
 
  
  
34,923,042
TOTAL FINANCIALS
  
  
175,156,012
HEALTH CARE - 19.2%
 
  
  
Health Care Providers & Services - 14.3%
  
  
  
Centene Corp. (a)
  
430,600
29,681,258
Cigna Group
 
123,100
31,179,999
Elevance Health, Inc.
 
34,100
15,980,965
Humana, Inc.
 
26,700
14,164,083
UnitedHealth Group, Inc.
 
36,100
17,764,449
 
  
  
108,770,754
Pharmaceuticals - 4.9%
  
  
  
AstraZeneca PLC sponsored ADR
 
186,667
13,667,758
Roche Holding AG (participation certificate)
 
29,570
9,259,556
Sanofi SA sponsored ADR
 
266,900
14,319,185
 
  
  
37,246,499
TOTAL HEALTH CARE
  
  
146,017,253
INDUSTRIALS - 5.2%
 
  
  
Aerospace & Defense - 1.8%
  
  
  
Northrop Grumman Corp.
 
29,500
13,607,465
Electrical Equipment - 1.7%
  
  
  
Regal Rexnord Corp.
 
96,600
12,573,456
Industrial Conglomerates - 1.7%
  
  
  
Siemens AG
 
80,700
13,301,962
TOTAL INDUSTRIALS
  
  
39,482,883
INFORMATION TECHNOLOGY - 2.9%
 
  
  
IT Services - 1.6%
  
  
  
Amdocs Ltd.
 
127,300
11,616,125
Software - 1.3%
  
  
  
Gen Digital, Inc.
 
570,300
10,077,201
TOTAL INFORMATION TECHNOLOGY
  
  
21,693,326
MATERIALS - 1.9%
 
  
  
Chemicals - 1.4%
  
  
  
DuPont de Nemours, Inc.
 
155,000
10,806,600
Metals & Mining - 0.5%
  
  
  
Lundin Mining Corp.
 
446,900
3,413,968
TOTAL MATERIALS
  
  
14,220,568
UTILITIES - 9.0%
 
  
  
Electric Utilities - 7.8%
  
  
  
Constellation Energy Corp.
 
129,233
10,002,634
NextEra Energy, Inc.
 
91,000
6,973,330
PG&E Corp. (a)
  
1,617,200
27,670,292
Southern Co.
 
200,800
14,768,840
 
  
  
59,415,096
Independent Power and Renewable Electricity Producers - 1.2%
  
  
  
The AES Corp.
 
377,200
8,924,552
TOTAL UTILITIES
  
  
68,339,648
 
TOTAL COMMON STOCKS
 (Cost $591,685,278)
  
  
  
705,160,823
 
  
  
  
Nonconvertible Preferred Stocks - 3.0%
 
  
Shares
Value ($)
 
INFORMATION TECHNOLOGY - 3.0%
 
  
  
Technology Hardware, Storage & Peripherals - 3.0%
  
  
  
Samsung Electronics Co. Ltd.
 
  (Cost $24,360,771)
 
  
555,470
23,230,559
 
  
  
  
Money Market Funds - 4.3%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 4.88% (b)
 
 (Cost $32,413,369)
 
  
32,406,888
32,413,369
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 100.1%
 (Cost $648,459,418)
 
  
 
760,804,751
NET OTHER ASSETS (LIABILITIES) - (0.1)%  
(698,634)
NET ASSETS - 100.0%
760,106,117
 
  
Legend
 
(a)
Non-income producing
 
(b)
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
 
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 4.88%
27,866,227
205,120,925
200,573,783
818,224
-
-
32,413,369
0.1%
Fidelity Securities Lending Cash Central Fund 4.88%
-
96,104,856
96,104,856
5,245
-
-
-
0.0%
Total
27,866,227
301,225,781
296,678,639
823,469
-
-
32,413,369
  
 
  
  
  
  
  
  
  
  
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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