NPORT-EX 2 QTLY_2945_20230430.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Blue Chip Growth K6 Fund
April 30, 2023
BCFK6-NPRT3-0623
1.9884005.105
Common Stocks - 96.5%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 13.6%
 
 
 
Entertainment - 2.9%
 
 
 
Activision Blizzard, Inc.
 
43,932
3,413,956
Bilibili, Inc. ADR (a)(b)
 
233,189
4,747,728
Netflix, Inc. (a)
 
448,687
148,035,302
Sea Ltd. ADR (a)
 
703,298
53,570,209
Take-Two Interactive Software, Inc. (a)
 
18,600
2,311,794
Universal Music Group NV
 
375,334
8,193,030
 
 
 
220,272,019
Interactive Media & Services - 10.6%
 
 
 
Alphabet, Inc. Class A (a)
 
3,555,756
381,674,849
Epic Games, Inc. (a)(c)(d)
 
607
453,247
Meta Platforms, Inc. Class A (a)
 
1,451,050
348,716,336
Snap, Inc. Class A (a)
 
10,084,009
87,831,718
 
 
 
818,676,150
Wireless Telecommunication Services - 0.1%
 
 
 
Rogers Communications, Inc. Class B (non-vtg.)
 
14,788
730,641
T-Mobile U.S., Inc. (a)
 
46,919
6,751,644
 
 
 
7,482,285
TOTAL COMMUNICATION SERVICES
 
 
1,046,430,454
CONSUMER DISCRETIONARY - 22.1%
 
 
 
Automobile Components - 0.1%
 
 
 
Aptiv PLC (a)
 
55,880
5,747,817
Automobiles - 2.2%
 
 
 
Neutron Holdings, Inc. (a)(c)(d)
 
491,550
13,223
Rad Power Bikes, Inc. (a)(c)(d)
 
101,681
314,194
Rivian Automotive, Inc. (a)(b)
 
1,381,601
17,712,125
Tesla, Inc. (a)
 
911,173
149,714,836
 
 
 
167,754,378
Broadline Retail - 6.8%
 
 
 
Alibaba Group Holding Ltd. sponsored ADR (a)
 
319,105
27,025,002
Amazon.com, Inc. (a)
 
4,571,640
482,079,438
MercadoLibre, Inc. (a)
 
600
766,494
Ollie's Bargain Outlet Holdings, Inc. (a)
 
144,756
9,445,329
 
 
 
519,316,263
Diversified Consumer Services - 0.1%
 
 
 
New Oriental Education & Technology Group, Inc. sponsored ADR (a)
 
136,921
6,242,228
Hotels, Restaurants & Leisure - 3.5%
 
 
 
Airbnb, Inc. Class A (a)
 
570,474
68,268,624
Caesars Entertainment, Inc. (a)
 
767,454
34,757,992
Chipotle Mexican Grill, Inc. (a)
 
3,997
8,264,277
Deliveroo PLC Class A (a)(e)
 
1,304,449
1,793,467
Draftkings Holdings, Inc.
 
107,282
2,350,549
Flutter Entertainment PLC (a)
 
33,514
6,703,194
Hilton Worldwide Holdings, Inc.
 
142,749
20,558,711
Marriott International, Inc. Class A
 
232,379
39,351,060
McDonald's Corp.
 
18,100
5,353,075
Penn Entertainment, Inc. (a)
 
1,321,706
39,373,622
Restaurant Brands International, Inc.
 
57,584
4,036,852
Sonder Holdings, Inc.:
 
 
 
 rights (a)(d)
 
1,448
101
 rights (a)(d)
 
1,447
72
 rights (a)(d)
 
1,447
58
 rights (a)(d)
 
1,447
43
 rights (a)(d)
 
1,447
29
 rights (a)(d)
 
1,447
29
Starbucks Corp.
 
153,000
17,486,370
Sweetgreen, Inc. Class A (a)
 
1,139,518
9,047,773
Trip.com Group Ltd. ADR (a)
 
156,808
5,568,252
Yum China Holdings, Inc.
 
77,094
4,716,611
Yum! Brands, Inc.
 
18,603
2,615,210
 
 
 
270,245,971
Household Durables - 0.0%
 
 
 
D.R. Horton, Inc.
 
5,485
602,363
Lennar Corp. Class A
 
8,945
1,009,085
Sony Group Corp. sponsored ADR
 
16,509
1,480,362
Toll Brothers, Inc.
 
6,040
386,016
 
 
 
3,477,826
Leisure Products - 0.0%
 
 
 
Peloton Interactive, Inc. Class A (a)
 
380,659
3,380,252
Specialty Retail - 4.7%
 
 
 
American Eagle Outfitters, Inc.
 
2,222,471
29,758,887
Bath & Body Works, Inc.
 
100,679
3,533,833
Fanatics, Inc. Class A (a)(c)(d)
 
225,366
16,600,460
Fast Retailing Co. Ltd.
 
3,600
852,486
Five Below, Inc. (a)
 
160,934
31,761,934
Foot Locker, Inc.
 
291,195
12,227,278
FSN E-Commerce Ventures Private Ltd.
 
853,500
1,285,796
Lowe's Companies, Inc.
 
678,449
141,002,056
RH (a)(b)
 
145,478
37,115,802
TJX Companies, Inc.
 
583,512
45,992,416
Victoria's Secret & Co. (a)
 
567,296
17,591,849
Warby Parker, Inc. (a)(b)
 
1,082,728
11,401,126
Wayfair LLC Class A (a)
 
231,754
8,071,992
Williams-Sonoma, Inc.
 
37,900
4,587,416
 
 
 
361,783,331
Textiles, Apparel & Luxury Goods - 4.7%
 
 
 
Capri Holdings Ltd. (a)
 
585,340
24,291,610
Compagnie Financiere Richemont SA Series A
 
36,384
6,014,307
Crocs, Inc. (a)
 
225,663
27,907,743
Deckers Outdoor Corp. (a)
 
143,307
68,692,777
Hermes International SCA
 
4,157
9,009,121
lululemon athletica, Inc. (a)
 
266,058
101,083,416
LVMH Moet Hennessy Louis Vuitton SE
 
27,426
26,380,557
NIKE, Inc. Class B
 
650,994
82,493,960
On Holding AG (a)
 
459,374
14,906,686
 
 
 
360,780,177
TOTAL CONSUMER DISCRETIONARY
 
 
1,698,728,243
CONSUMER STAPLES - 2.3%
 
 
 
Beverages - 1.1%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
36,389
11,553,871
Celsius Holdings, Inc. (a)(b)
 
697,300
66,640,961
Constellation Brands, Inc. Class A (sub. vtg.)
 
10,251
2,352,297
PepsiCo, Inc.
 
16,000
3,054,240
 
 
 
83,601,369
Consumer Staples Distribution & Retail - 1.1%
 
 
 
Costco Wholesale Corp.
 
1,399
704,005
Dollar Tree, Inc. (a)
 
451,783
69,443,565
Target Corp.
 
42,638
6,726,145
Walmart, Inc.
 
55,300
8,348,641
 
 
 
85,222,356
Food Products - 0.0%
 
 
 
Sovos Brands, Inc. (a)
 
11,314
194,035
The Real Good Food Co. LLC:
 
 
 
 Class B (d)
 
139,521
1
 Class B unit (e)
 
139,521
548,318
The Real Good Food Co., Inc. (a)
 
9,286
36,494
 
 
 
778,848
Household Products - 0.1%
 
 
 
Procter & Gamble Co.
 
49,587
7,754,415
Personal Care Products - 0.0%
 
 
 
Estee Lauder Companies, Inc. Class A
 
3,394
837,368
Tobacco - 0.0%
 
 
 
Altria Group, Inc.
 
25,200
1,197,252
JUUL Labs, Inc. Class A (a)(c)(d)
 
23,134
252,392
 
 
 
1,449,644
TOTAL CONSUMER STAPLES
 
 
179,644,000
ENERGY - 3.9%
 
 
 
Energy Equipment & Services - 0.1%
 
 
 
Halliburton Co.
 
213,974
7,007,649
Oil, Gas & Consumable Fuels - 3.8%
 
 
 
Antero Resources Corp. (a)
 
200,566
4,611,012
Cenovus Energy, Inc. (Canada)
 
360,635
6,052,950
Cheniere Energy, Inc.
 
48,049
7,351,497
Denbury, Inc. (a)
 
134,431
12,553,167
Devon Energy Corp.
 
288,422
15,410,387
Diamondback Energy, Inc.
 
248,292
35,307,122
EOG Resources, Inc.
 
319,839
38,211,165
Exxon Mobil Corp.
 
237,692
28,128,471
Hess Corp.
 
387,120
56,155,627
Marathon Oil Corp.
 
409,533
9,894,317
Northern Oil & Gas, Inc.
 
78,873
2,616,217
Occidental Petroleum Corp.
 
332,865
20,481,183
Pioneer Natural Resources Co.
 
135,049
29,379,910
Reliance Industries Ltd.
 
747,491
22,221,780
Reliance Industries Ltd. GDR (e)
 
40,946
2,440,382
 
 
 
290,815,187
TOTAL ENERGY
 
 
297,822,836
FINANCIALS - 3.0%
 
 
 
Banks - 0.2%
 
 
 
Wells Fargo & Co.
 
435,548
17,313,033
Capital Markets - 0.0%
 
 
 
Goldman Sachs Group, Inc.
 
2,200
755,568
Morgan Stanley
 
8,100
728,757
 
 
 
1,484,325
Consumer Finance - 0.6%
 
 
 
American Express Co.
 
252,759
40,780,137
Financial Services - 2.2%
 
 
 
Adyen BV (a)(e)
 
1,071
1,720,938
Ant International Co. Ltd. Class C (a)(c)(d)
 
403,977
622,125
Berkshire Hathaway, Inc. Class B (a)
 
8,205
2,695,753
Block, Inc. Class A (a)
 
257,322
15,642,604
Housing Development Finance Corp. Ltd.
 
65,160
2,222,465
MasterCard, Inc. Class A
 
306,590
116,513,398
PayPal Holdings, Inc. (a)
 
52,928
4,022,528
Visa, Inc. Class A
 
103,181
24,013,314
 
 
 
167,453,125
Insurance - 0.0%
 
 
 
The Travelers Companies, Inc.
 
2
362
TOTAL FINANCIALS
 
 
227,030,982
HEALTH CARE - 10.0%
 
 
 
Biotechnology - 1.3%
 
 
 
Alnylam Pharmaceuticals, Inc. (a)
 
122,019
24,306,185
Arcutis Biotherapeutics, Inc. (a)
 
120,909
1,673,381
Argenx SE ADR (a)
 
15,386
5,967,922
Ascendis Pharma A/S sponsored ADR (a)
 
74,024
5,178,719
Generation Bio Co. (a)
 
124,978
614,892
Karuna Therapeutics, Inc. (a)
 
32,810
6,510,816
Moderna, Inc. (a)
 
3,389
450,364
Regeneron Pharmaceuticals, Inc. (a)
 
35,042
28,096,325
Vertex Pharmaceuticals, Inc. (a)
 
59,254
20,189,615
Viking Therapeutics, Inc. (a)
 
91,000
1,939,210
 
 
 
94,927,429
Health Care Equipment & Supplies - 1.8%
 
 
 
Axonics Modulation Technologies, Inc. (a)
 
100,268
5,761,399
Blink Health LLC Series A1 (a)(c)(d)
 
5,757
253,250
Boston Scientific Corp. (a)
 
389,664
20,309,288
DexCom, Inc. (a)
 
473,519
57,456,795
Insulet Corp. (a)
 
51,968
16,527,903
Intuitive Surgical, Inc. (a)
 
2,500
753,050
Oddity Tech Ltd. (a)(c)(d)
 
2,786
1,260,860
Penumbra, Inc. (a)
 
2,800
795,536
Shockwave Medical, Inc. (a)
 
74,214
21,533,934
Stryker Corp.
 
40,800
12,225,720
TransMedics Group, Inc. (a)
 
18,532
1,465,881
 
 
 
138,343,616
Health Care Providers & Services - 2.8%
 
 
 
agilon health, Inc. (a)
 
66,947
1,624,804
Alignment Healthcare, Inc. (a)
 
159,937
1,006,004
Guardant Health, Inc. (a)
 
396,154
8,937,234
Humana, Inc.
 
52,911
28,068,756
Surgery Partners, Inc. (a)
 
107,667
4,270,073
UnitedHealth Group, Inc.
 
345,923
170,225,249
 
 
 
214,132,120
Health Care Technology - 0.0%
 
 
 
Certara, Inc. (a)(b)
 
71,158
1,719,889
MultiPlan Corp. warrants (a)(c)
 
13,856
8
 
 
 
1,719,897
Life Sciences Tools & Services - 0.7%
 
 
 
Danaher Corp.
 
118,204
28,003,710
ICON PLC (a)
 
15,304
2,948,928
Olink Holding AB ADR (a)
 
109,542
2,362,821
Seer, Inc. (a)
 
39,029
130,357
Thermo Fisher Scientific, Inc.
 
34,670
19,238,383
Veterinary Emergency Group LLC Class A (a)(c)(d)(f)
 
62,379
3,457,668
 
 
 
56,141,867
Pharmaceuticals - 3.4%
 
 
 
AstraZeneca PLC sponsored ADR
 
55,007
4,027,613
Eli Lilly & Co.
 
377,677
149,507,217
Novo Nordisk A/S:
 
 
 
 Series B
 
25,766
4,286,290
 Series B sponsored ADR
 
209,867
35,066,677
Roche Holding AG (participation certificate)
 
8,931
2,796,655
Ventyx Biosciences, Inc. (a)
 
34,623
1,301,825
Zoetis, Inc. Class A
 
373,278
65,614,807
 
 
 
262,601,084
TOTAL HEALTH CARE
 
 
767,866,013
INDUSTRIALS - 4.4%
 
 
 
Aerospace & Defense - 1.1%
 
 
 
Airbus Group NV
 
50,216
7,031,979
Howmet Aerospace, Inc.
 
207,897
9,207,758
L3Harris Technologies, Inc.
 
24,256
4,733,558
Lockheed Martin Corp.
 
13,085
6,077,328
Northrop Grumman Corp.
 
10,137
4,675,894
Space Exploration Technologies Corp.:
 
 
 
 Class A (a)(c)(d)
 
201,490
15,514,730
 Class C (a)(c)(d)
 
70,540
5,431,580
The Boeing Co. (a)
 
146,328
30,257,704
TransDigm Group, Inc.
 
3,994
3,055,410
 
 
 
85,985,941
Air Freight & Logistics - 0.0%
 
 
 
Delhivery Private Ltd.
 
271,900
1,248,971
Commercial Services & Supplies - 0.1%
 
 
 
ACV Auctions, Inc. Class A (a)
 
448,634
5,845,701
Electrical Equipment - 0.0%
 
 
 
Array Technologies, Inc. (a)
 
31,251
639,083
Ground Transportation - 2.8%
 
 
 
Avis Budget Group, Inc. (a)
 
47,887
8,460,196
Bird Global, Inc. (a)(c)
 
201,367
27,265
Bird Global, Inc.:
 
 
 
 Class A (a)(b)
 
3,452,352
467,448
 Stage 1 rights (a)(d)
 
25,742
0
 Stage 2 rights (a)(d)
 
25,742
0
 Stage 3 rights (a)(d)
 
25,741
0
Hertz Global Holdings, Inc. (a)(b)
 
399,829
6,669,148
Lyft, Inc. (a)
 
4,177,965
42,824,141
Uber Technologies, Inc. (a)
 
4,909,666
152,445,129
 
 
 
210,893,327
Machinery - 0.2%
 
 
 
Deere & Co.
 
37,558
14,197,675
Passenger Airlines - 0.2%
 
 
 
Delta Air Lines, Inc. (a)
 
186,351
6,393,703
United Airlines Holdings, Inc. (a)
 
229,259
10,041,544
 
 
 
16,435,247
Professional Services - 0.0%
 
 
 
Experian PLC
 
39,018
1,381,428
TOTAL INDUSTRIALS
 
 
336,627,373
INFORMATION TECHNOLOGY - 36.6%
 
 
 
Communications Equipment - 0.1%
 
 
 
Arista Networks, Inc. (a)
 
28,200
4,516,512
Cisco Systems, Inc.
 
50,362
2,379,605
 
 
 
6,896,117
IT Services - 0.6%
 
 
 
MongoDB, Inc. Class A (a)
 
44,378
10,648,945
Okta, Inc. (a)
 
242,669
16,630,107
Shopify, Inc. Class A (a)
 
31,000
1,501,893
Snowflake, Inc. (a)
 
45,551
6,745,192
Twilio, Inc. Class A (a)
 
126,248
6,641,907
X Holdings Corp. Class A (d)
 
24,710
823,831
 
 
 
42,991,875
Semiconductors & Semiconductor Equipment - 15.4%
 
 
 
Advanced Micro Devices, Inc. (a)
 
654,922
58,530,379
ASML Holding NV (depository receipt)
 
17,013
10,834,899
Cirrus Logic, Inc. (a)
 
123,401
10,586,572
Enphase Energy, Inc. (a)
 
52,403
8,604,573
GlobalFoundries, Inc. (a)
 
889,705
52,314,654
Impinj, Inc. (a)
 
40,300
3,562,923
Marvell Technology, Inc.
 
5,496,888
217,017,138
Monolithic Power Systems, Inc.
 
39,384
18,194,226
NVIDIA Corp.
 
1,998,020
554,430,570
NXP Semiconductors NV
 
743,846
121,797,344
onsemi (a)
 
764,014
54,978,447
Skyworks Solutions, Inc.
 
32,897
3,483,792
SolarEdge Technologies, Inc. (a)
 
19,820
5,661,187
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR
 
448,485
37,807,286
Teradyne, Inc.
 
285,296
26,070,348
 
 
 
1,183,874,338
Software - 10.9%
 
 
 
Adobe, Inc. (a)
 
17,700
6,682,812
Bill Holdings, Inc. (a)
 
132,550
10,181,166
Confluent, Inc. (a)
 
65,805
1,447,710
Datadog, Inc. Class A (a)
 
118,074
7,955,826
HubSpot, Inc. (a)
 
81,451
34,286,798
Intuit, Inc.
 
79,267
35,190,585
Microsoft Corp.
 
1,966,308
604,167,796
Oracle Corp.
 
42,500
4,025,600
Paycom Software, Inc. (a)
 
39,916
11,590,409
Pine Labs Private Ltd. (a)(c)(d)
 
1,109
610,560
Salesforce, Inc. (a)
 
388,443
77,055,438
ServiceNow, Inc. (a)
 
44,713
20,542,046
Splunk, Inc. (a)
 
95,940
8,273,866
Stripe, Inc. Class B (a)(c)(d)
 
19,200
386,496
Workday, Inc. Class A (a)
 
11,361
2,114,737
Zoom Video Communications, Inc. Class A (a)
 
180,194
11,069,317
 
 
 
835,581,162
Technology Hardware, Storage & Peripherals - 9.6%
 
 
 
Apple, Inc.
 
4,353,465
738,695,942
Seagate Technology Holdings PLC
 
6,800
399,636
 
 
 
739,095,578
TOTAL INFORMATION TECHNOLOGY
 
 
2,808,439,070
MATERIALS - 0.6%
 
 
 
Chemicals - 0.1%
 
 
 
Cibus Corp. Series C (a)(c)(d)(f)
 
548,277
1,096,554
Linde PLC
 
12,308
4,547,191
 
 
 
5,643,745
Metals & Mining - 0.5%
 
 
 
Freeport-McMoRan, Inc.
 
1,061,400
40,237,674
TOTAL MATERIALS
 
 
45,881,419
REAL ESTATE - 0.0%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.0%
 
 
 
Welltower, Inc.
 
10,389
823,017
UTILITIES - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
NextEra Energy, Inc.
 
30,110
2,307,329
 
TOTAL COMMON STOCKS
 (Cost $5,780,575,313)
 
 
 
7,411,600,736
 
 
 
 
Preferred Stocks - 1.0%
 
 
Shares
Value ($)
 
Convertible Preferred Stocks - 0.9%
 
 
 
COMMUNICATION SERVICES - 0.1%
 
 
 
Interactive Media & Services - 0.1%
 
 
 
ByteDance Ltd. Series E1 (a)(c)(d)
 
31,950
6,358,050
Reddit, Inc.:
 
 
 
  Series E(a)(c)(d)
 
4,835
175,946
  Series F(a)(c)(d)
 
51,156
1,861,567
 
 
 
8,395,563
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Automobiles - 0.0%
 
 
 
Rad Power Bikes, Inc.:
 
 
 
  Series A(a)(c)(d)
 
13,256
40,961
  Series C(a)(c)(d)
 
52,162
161,181
  Series D(a)(c)(d)
 
102,800
317,652
 
 
 
519,794
Broadline Retail - 0.1%
 
 
 
Meesho Series F (a)(c)(d)
 
63,600
4,402,392
 
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Discord, Inc. Series I (a)(c)(d)
 
700
236,145
 
 
 
 
TOTAL CONSUMER DISCRETIONARY
 
 
5,158,331
 
 
 
 
CONSUMER STAPLES - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.1%
 
 
 
GoBrands, Inc.:
 
 
 
  Series G(a)(c)(d)
 
18,300
1,784,982
  Series H(a)(c)(d)
 
11,467
1,118,491
Instacart, Inc.:
 
 
 
  Series H(a)(c)(d)
 
27,205
1,211,439
  Series I(a)(c)(d)
 
13,064
581,740
 
 
 
4,696,652
Food Products - 0.0%
 
 
 
AgBiome LLC Series C (a)(c)(d)
 
68,700
354,492
Bowery Farming, Inc. Series C1 (a)(c)(d)
 
17,874
166,586
 
 
 
521,078
Tobacco - 0.0%
 
 
 
JUUL Labs, Inc. Series E (a)(c)(d)
 
12,508
136,462
 
 
 
 
TOTAL CONSUMER STAPLES
 
 
5,354,192
 
 
 
 
HEALTH CARE - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Blink Health LLC Series C (a)(c)(d)
 
16,970
746,510
 
 
 
 
INDUSTRIALS - 0.2%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
ABL Space Systems:
 
 
 
  Series B(a)(c)(d)
 
29,724
970,489
  Series B2(a)(c)(d)
 
17,155
545,872
Relativity Space, Inc. Series E (a)(c)(d)
 
276,014
4,772,282
Space Exploration Technologies Corp. Series N (a)(c)(d)
 
8,141
6,268,570
 
 
 
12,557,213
Construction & Engineering - 0.0%
 
 
 
Beta Technologies, Inc. Series A (a)(c)(d)
 
11,104
770,840
 
 
 
 
TOTAL INDUSTRIALS
 
 
13,328,053
 
 
 
 
INFORMATION TECHNOLOGY - 0.3%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
CelLink Corp. Series D (a)(c)(d)
 
92,760
1,207,735
Enevate Corp. Series E (a)(c)(d)
 
1,325,513
768,798
Menlo Micro, Inc. Series C (a)(c)(d)
 
560,500
554,895
 
 
 
2,531,428
IT Services - 0.0%
 
 
 
Yanka Industries, Inc. Series F (a)(c)(d)
 
55,991
463,605
 
 
 
 
Semiconductors & Semiconductor Equipment - 0.1%
 
 
 
Alif Semiconductor Series C (a)(c)(d)
 
47,598
883,419
Astera Labs, Inc.:
 
 
 
  Series A(c)(d)
 
84,721
753,170
  Series B(c)(d)
 
14,425
128,238
  Series C(a)(c)(d)
 
180,900
1,608,201
  Series D(c)(d)
 
330,609
2,939,114
GaN Systems, Inc.:
 
 
 
  Series F1(a)(c)(d)
 
78,477
868,740
  Series F2(a)(c)(d)
 
41,439
458,730
SiMa.ai:
 
 
 
  Series B(a)(c)(d)
 
313,000
1,878,000
  Series B1(c)(d)
 
20,966
148,649
Xsight Labs Ltd. Series D (a)(c)(d)
 
130,900
956,879
 
 
 
10,623,140
Software - 0.2%
 
 
 
Algolia, Inc. Series D (a)(c)(d)
 
30,436
493,976
Bolt Technology OU Series E (a)(c)(d)
 
20,165
2,628,160
Databricks, Inc.:
 
 
 
  Series G(a)(c)(d)
 
48,000
2,316,960
  Series H(a)(c)(d)
 
31,572
1,523,980
Mountain Digital, Inc. Series D (a)(c)(d)
 
62,139
769,902
Skyryse, Inc. Series B (a)(c)(d)
 
67,400
1,420,792
Stripe, Inc.:
 
 
 
  Series H(a)(c)(d)
 
8,086
162,771
  Series I(c)(d)
 
101,195
2,037,055
Tenstorrent, Inc. Series C1 (a)(c)(d)
 
8,600
485,642
 
 
 
11,839,238
TOTAL INFORMATION TECHNOLOGY
 
 
25,457,411
 
 
 
 
MATERIALS - 0.1%
 
 
 
Metals & Mining - 0.1%
 
 
 
Diamond Foundry, Inc. Series C (a)(c)(d)
 
249,802
8,860,477
 
 
 
 
UTILITIES - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Redwood Materials Series C (a)(c)(d)
 
37,990
1,986,497
 
 
 
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 
 
69,287,034
Nonconvertible Preferred Stocks - 0.1%
 
 
 
CONSUMER DISCRETIONARY - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Neutron Holdings, Inc.:
 
 
 
  Series 1C(a)(c)(d)
 
3,178,083
85,490
  Series 1D(a)(c)(d)
 
5,904,173
158,822
Waymo LLC Series A2 (a)(c)(d)
 
7,817
377,014
 
 
 
621,326
FINANCIALS - 0.0%
 
 
 
Financial Services - 0.0%
 
 
 
Circle Internet Financial Ltd. Series E (a)(c)(d)
 
137,547
3,550,088
 
 
 
 
INFORMATION TECHNOLOGY - 0.1%
 
 
 
IT Services - 0.0%
 
 
 
Gupshup, Inc. (a)(c)(d)
 
78,911
1,233,379
 
 
 
 
Software - 0.1%
 
 
 
Pine Labs Private Ltd.:
 
 
 
  Series 1(a)(c)(d)
 
2,652
1,460,059
  Series A(a)(c)(d)
 
663
365,015
  Series B(a)(c)(d)
 
721
396,947
  Series B2(a)(c)(d)
 
583
320,971
  Series C(a)(c)(d)
 
1,085
597,347
  Series C1(a)(c)(d)
 
228
125,525
  Series D(a)(c)(d)
 
244
134,334
 
 
 
3,400,198
TOTAL INFORMATION TECHNOLOGY
 
 
4,633,577
 
 
 
 
REAL ESTATE - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
ZKH Group Ltd. Series F (d)
 
2,521,782
933,059
 
 
 
 
TOTAL NONCONVERTIBLE PREFERRED STOCKS
 
 
9,738,050
 
TOTAL PREFERRED STOCKS
 (Cost $91,230,361)
 
 
 
79,025,084
 
 
 
 
Convertible Bonds - 0.1%
 
 
Principal
Amount (g)
 
Value ($)
 
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Neutron Holdings, Inc.:
 
 
 
 4% 5/22/27 (c)(d)
 
237,400
256,155
 4% 6/12/27 (c)(d)
 
64,200
69,272
 4.5% 10/27/25 (c)(d)
 
2,578,062
2,503,556
(Cost $2,879,662)
 
 
2,828,983
 
 
 
 
Preferred Securities - 0.0%
 
 
Principal
Amount (g)
 
Value ($)
 
INFORMATION TECHNOLOGY - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
GaN Systems, Inc. 0% (c)(d)(h)
 
1,839,388
2,257,481
Software - 0.0%
 
 
 
Tenstorrent, Inc. 0% (c)(d)(h)
 
480,000
456,000
 
TOTAL PREFERRED SECURITIES
 (Cost $2,319,388)
 
 
 
2,713,481
 
 
 
 
Money Market Funds - 3.2%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 4.88% (i)
 
182,347,936
182,384,405
Fidelity Securities Lending Cash Central Fund 4.88% (i)(j)
 
60,478,601
60,484,649
 
TOTAL MONEY MARKET FUNDS
 (Cost $242,869,054)
 
 
242,869,054
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.8%
 (Cost $6,119,873,778)
 
 
 
7,739,037,338
NET OTHER ASSETS (LIABILITIES) - (0.8)%  
(58,596,702)
NET ASSETS - 100.0%
7,680,440,636
 
 
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 $129,929,101 or 1.7% of net assets.
 
(d)
Level 3 security
 
(e)
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 $6,503,105 or 0.1% of net assets.
 
(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, Inc. Series D
7/23/21
890,102
 
 
 
Alif Semiconductor Series C
3/08/22
966,170
 
 
 
Ant International Co. Ltd. Class C
5/16/18
1,539,709
 
 
 
Astera Labs, Inc. Series A
5/17/22
861,570
 
 
 
Astera Labs, Inc. Series B
5/17/22
146,695
 
 
 
Astera Labs, Inc. Series C
8/24/21
608,150
 
 
 
Astera Labs, Inc. Series D
5/17/22 - 5/27/22
3,362,128
 
 
 
Beta Technologies, Inc. Series A
4/09/21
813,590
 
 
 
Bird Global, Inc.
5/11/21
2,013,670
 
 
 
Blink Health LLC Series A1
12/30/20
155,957
 
 
 
Blink Health LLC Series C
11/07/19 - 7/14/21
647,847
 
 
 
Bolt Technology OU Series E
1/03/22
5,238,796
 
 
 
Bowery Farming, Inc. Series C1
5/18/21
1,076,896
 
 
 
ByteDance Ltd. Series E1
11/18/20
3,500,895
 
 
 
CelLink Corp. Series D
1/20/22
1,931,625
 
 
 
Cibus Corp. Series C
2/16/18 - 12/02/22
954,343
 
 
 
Circle Internet Financial Ltd. Series E
5/11/21
2,232,400
 
 
 
Databricks, Inc. Series G
2/01/21
2,837,886
 
 
 
Databricks, Inc. Series H
8/31/21
2,320,041
 
 
 
Diamond Foundry, Inc. Series C
3/15/21
5,995,248
 
 
 
Discord, Inc. Series I
9/15/21
385,437
 
 
 
Enevate Corp. Series E
1/29/21
1,469,576
 
 
 
Epic Games, Inc.
7/30/20
349,025
 
 
 
Fanatics, Inc. Class A
8/13/20 - 10/24/22
10,009,624
 
 
 
GaN Systems, Inc. Series F1
11/30/21
665,485
 
 
 
GaN Systems, Inc. Series F2
11/30/21
351,403
 
 
 
GaN Systems, Inc. 0%
11/30/21
1,839,388
 
 
 
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
 
 
 
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
 
 
 
Menlo Micro, Inc. Series C
2/09/22
742,943
 
 
 
Mountain Digital, Inc. Series D
11/05/21
1,427,041
 
 
 
MultiPlan Corp. warrants
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. 4% 5/22/27
6/04/20
237,400
 
 
 
Neutron Holdings, Inc. 4% 6/12/27
6/12/20
64,200
 
 
 
Neutron Holdings, Inc. 4.5% 10/27/25
10/29/21 - 4/27/23
2,578,062
 
 
 
Oddity Tech Ltd.
1/06/22
1,199,122
 
 
 
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
 
 
 
SiMa.ai Series B
5/10/21
1,604,876
 
 
 
SiMa.ai Series B1
4/25/22
148,668
 
 
 
Skyryse, Inc. Series B
10/21/21
1,663,430
 
 
 
Space Exploration Technologies Corp. Class A
2/16/21 - 12/15/22
14,140,734
 
 
 
Space Exploration Technologies Corp. Class C
12/15/22
5,431,580
 
 
 
Space Exploration Technologies Corp. Series N
8/04/20
2,198,070
 
 
 
Stripe, Inc. Class B
5/18/21
770,465
 
 
 
Stripe, Inc. Series H
3/15/21
324,451
 
 
 
Stripe, Inc. Series I
3/20/23
2,037,474
 
 
 
Tenstorrent, Inc. Series C1
4/23/21
511,307
 
 
 
Tenstorrent, Inc. 0%
4/23/21
480,000
 
 
 
Veterinary Emergency Group LLC Class A
9/16/21 - 3/17/22
2,593,820
 
 
 
Waymo LLC Series A2
5/08/20
671,224
 
 
 
Xsight Labs Ltd. Series D
2/16/21
1,046,676
 
 
 
Yanka Industries, Inc. Series F
4/08/21
1,784,814
 
 
 
 
 
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%
91,389,124
596,227,199
505,231,918
1,773,869
-
-
182,384,405
0.4%
Fidelity Securities Lending Cash Central Fund 4.88%
84,008,097
441,236,064
464,759,512
304,129
-
-
60,484,649
0.2%
Total
175,397,221
1,037,463,263
969,991,430
2,077,998
-
-
242,869,054
 
 
 
 
 
 
 
 
 
 
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.
 
Securities, including private placements or other restricted securities, for which observable inputs are not available are valued using alternate valuation approaches, including the market approach, the income approach and cost approach, and are categorized as Level 3 in the hierarchy. The market approach considers factors including the price of recent investments in the same or a similar security or financial metrics of comparable securities. The income approach considers factors including expected future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Convertible Bonds and Preferred Securities are valued by pricing services 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 services. 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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