0001752724-23-298286.txt : 20231229 0001752724-23-298286.hdr.sgml : 20231229 20231229132406 ACCESSION NUMBER: 0001752724-23-298286 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231229 DATE AS OF CHANGE: 20231229 PERIOD START: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 ORGANIZATION NAME: 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: 231526618 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 S000007195 Fidelity Blue Chip Growth Fund C000019693 Fidelity Blue Chip Growth Fund FBGRX C000064269 Class K FBGKX NPORT-P 1 primary_doc.xml NPORT-P false 0000754510 XXXXXXXX S000007195 C000019693 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296250.00000000 NS 13990562.47000000 0.031430313919 Long EC CORP CA N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 HOWMET AEROSPACE INC 443201108 1086964.00000000 NS USD 47935112.40000000 0.107687995655 Long EC CORP US N 1 N N N NETFLIX INC 549300Y7VHGU0I7CE873 NETFLIX INC 64110L106 2218378.00000000 NS USD 913284038.82000000 2.051726233244 Long EC CORP US N 1 N N N RETYM INC N/A RETYM INC SER C PC PP N/A 810037.00000000 NS USD 5994273.80000000 0.013466356885 Long EP CORP US Y 3 N N N ALNYLAM PHARMACEUTICALS INC 529900S3ZI14OWRJII50 ALNYLAM PHARMACEUTICALS INC 02043Q107 652151.00000000 NS USD 98996521.80000000 0.222399332675 Long EC CORP US N 1 N N N EOG RESOURCES INC XWTZDRYZPBUHIQBKDB46 EOG RESOURCES INC 26875P101 1490786.00000000 NS USD 188211732.50000000 0.422824589679 Long EC CORP US N 1 N N N GUPSHUP INC 98450087CF3EE545Q755 GUPSHUP INC 0% PERP PFD PP N/A 709497.00000000 NS USD 8868712.50000000 0.019923889302 Long EP CORP US Y 3 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 56703.00000000 NS USD 13614390.30000000 0.030585229283 Long EC CORP US N 1 N N N ASTERA LABS INC N/A ASTERA LABS INC SER A PC PP N/A 672992.00000000 NS USD 6379964.16000000 0.014332824485 Long EP CORP US Y 3 N N N GAN SYSTEMS INC 5493008YQPX1ROPQ0U24 GAN SYS INC ADJUSTMENT ESCROW LINE N/A 2839866.00000000 NS USD 285897.83000000 0.000642280005 Long EC CORP CA N 3 N N N BYTEDANCE LTD N/A BYTEDANCE LTD SER E-1 PC PP N/A 293038.00000000 NS USD 68468328.70000000 0.153816622396 Long EP CORP CN Y 3 N N N CHIPOTLE MEXICAN GRILL INC N/A CHIPOTLE MEXICAN GRILL INC 169656105 46628.00000000 NS USD 90560901.60000000 0.203448401177 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 451644790.65800000 NS USD 451689955.14000000 1.014738121834 Long STIV RF US N 1 N N GOBRANDS INC N/A GOBRANDS INC SER H PC PP N/A 104029.00000000 NS USD 4660499.20000000 0.010469983118 Long EP CORP US Y 3 N N N DATABRICKS INC N/A DATABRICKS INC SER G PC PP N/A 437958.00000000 NS USD 32189913.00000000 0.072315825242 Long EP CORP US Y 3 N N N NVIDIA CORP 549300S4KLFTLO7GSQ80 NVIDIA CORP 67066G104 10724913.00000000 NS USD 4373619521.40000000 9.825497353355 Long EC CORP US N 1 N N N BIRD GLOBAL INC N/A BIRD RIDES CVR VWAP STAGE 1 11/04/2026 (NON-TRADABLE) N/A 10516.00000000 NS USD 105.16000000 0.000000236245 Long EC CORP US N 3 N N N PAX LABS INC 549300FKJA0AEKUHVG68 JUUL LABS INC PC SER E P/P N/A 14959.00000000 NS USD 16006.13000000 0.000035958360 Long EP CORP US Y 3 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC CL A 57636Q104 1399867.00000000 NS USD 526839945.45000000 1.183565343151 Long EC CORP US N 1 N N N ZOOM VIDEO COMMUNICATIONS INC 549300T9GCHU0ODOM055 ZOOM VIDEO COMMUNICATIONS INC CL A 98980L101 949623.00000000 NS USD 56958387.54000000 0.127959115622 Long EC CORP US N 1 N N UNIVERSAL MUSIC GROUP NV 724500GJBUL3D9TW9Y18 UNIVERSAL MUSIC GROUP NV N/A 1984874.00000000 NS 48607243.93000000 0.109197963894 Long EC CORP NL N 2 N N N MOUNTAIN DIGITAL INC N/A MOUNTAIN DIGITAL INC SER D PC PP N/A 524265.00000000 NS USD 7067092.20000000 0.015876482937 Long EP CORP US Y 3 N N N BLINK HEALTH LLC N/A BLINK HEALTH INC A-1 PP N/A 51117.00000000 NS USD 2401987.83000000 0.005396154135 Long EC CORP US Y 3 N N N ASTERA LABS INC N/A ASTERA LABS INC SER B PC PP N/A 114587.00000000 NS USD 1086284.76000000 0.002440378725 Long EP CORP US Y 3 N N N BCGF TB2 HLDG LLC N/A BCGF TB2 HLDG LLC N/A 293611.00000000 NS USD 8303319.08000000 0.018653712158 Long EC CORP US Y 3 N N N DATABRICKS INC N/A DATABRICKS INC SER I PC PP N/A 6675.00000000 NS USD 490612.50000000 0.001102179052 Long EP CORP US Y 3 N N N RAD POWER BIKES INC N/A RAD POWER BIKES INC SER A PC PP N/A 120997.00000000 NS USD 42348.95000000 0.000095138476 Long EP CORP US Y 3 N N N BJS WHOLESALE CLUB HOLDINGS INC 549300UCIWH1C93V0J03 BJS WHSL CLUB HLDGS INC 05550J101 164660.00000000 NS USD 11216639.20000000 0.025198593118 Long EC CORP US N 1 N N N WAYFAIR INC 54930027N9ZAVYFDHK53 WAYFAIR INC 94419L101 1356697.00000000 NS USD 57808859.17000000 0.129869731465 Long EC CORP US N 1 N N N AIRBNB INC 549300HMUDNO0RY56D37 AIRBNB INC CLASS A 009066101 2483578.00000000 NS USD 293782441.62000000 0.659993076324 Long EC CORP US N 1 N N N DECKERS OUTDOOR CORP 5493008LG4W3I6K8J118 DECKERS OUTDOOR CORP 243537107 736584.00000000 NS USD 439784843.04000000 0.987992848987 Long EC CORP US N 1 N N N FIRST SOLAR INC 549300NPYMLM4NHTOF27 FIRST SOLAR INC 336433107 44948.00000000 NS USD 6402842.60000000 0.014384221744 Long EC CORP US N 1 N N N ZILLOW GROUP INC 2549002XEELQDIR6FU05 ZILLOW GROUP INC CL C 98954M200 823190.00000000 NS USD 29840637.50000000 0.067038091298 Long EC CORP US N 1 N N HUMANA INC 529900YLDW34GJAO4J06 HUMANA INC 444859102 281891.00000000 NS USD 147623497.79000000 0.331641625370 Long EC CORP US N 1 N N N PEPSICO INC FJSUNZKFNQ5YPJ5OT455 PEPSICO INC 713448108 237091.00000000 NS USD 38712218.48000000 0.086968424746 Long EC CORP US N 1 N N N BIRD GLOBAL INC N/A BIRD GLOBAL INC A PIPE N/A 72846.00000000 NS USD 33880.67000000 0.000076114173 Long EC CORP US Y 1 N N N INSPIRE MEDICAL SYSTEMS INC 549300XQQCQ7HCJKTW25 INSPIRE MEDICAL SYSTEMS INC 457730109 58500.00000000 NS USD 8608860.00000000 0.019340121089 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 GILEAD SCIENCES INC 375558103 191354.00000000 NS USD 15028943.16000000 0.033763074387 Long EC CORP US N 1 N N N MAPLEBEAR INC N/A MAPLEBEAR INC (180 DAY LOCK-UP) N/A 364225.00000000 NS USD 8073775.58000000 0.018138034231 Long EC CORP US N 2 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 1808504.00000000 NS USD 968562402.24000000 2.175911112798 Long EC CORP US N 1 N N N NEUTRON HOLDINGS INC 549300W1F8PO8BQFD775 NEUTRON HOLDINGS INC SER 1-D PFD PP N/A 85315542.00000000 NS USD 2713034.24000000 0.006094931352 Long EP CORP US Y 3 N N N SKYRYSE INC N/A SKYRYSE INC SER B PC PP N/A 560000.00000000 NS USD 12896800.00000000 0.028973136242 Long EP CORP US Y 3 N N N RELIANCE INDUSTRIES LTD 5493003UOETFYRONLG31 RELIANCE INDS GDR 759470107 220139.00000000 NS USD 12019589.40000000 0.027002450318 Long EC CORP IN N 1 N N N VIKING THERAPEUTICS INC 529900IVC72YPFA25M37 VIKING THERAPEUTICS INC 92686J106 483549.00000000 NS USD 4743615.69000000 0.010656707374 Long EC CORP US N 1 N N N CIRCLE INTERNET FINANCIAL LLC 549300UHJLR6LBGAFV55 CIRCLE INTERNET FINANCIAL LTD SER E PFD PERP PP N/A 1244183.00000000 NS USD 26762376.33000000 0.060122664194 Long EP CORP US Y 3 N N N APOGEE THERAPEUTICS INC N/A APOGEE THERAPEUTICS INC 03770N101 278024.00000000 NS USD 4776452.32000000 0.010730476073 Long EC CORP US N 1 N N N KENVUE INC 5493008HSF8L4M2LIJ82 KENVUE INC 49177J102 1798138.00000000 NS USD 33445366.80000000 0.075136248447 Long EC CORP US N 1 N N N THE REAL GOOD FOOD COMPANY LLC N/A THE REAL GOOD FOOD COMPANY LLC CLASS B US 144A N/A 1262073.00000000 NS USD 2953250.82000000 0.006634586747 Long EC CORP US N 1 N N N STRIPE INC 549300CLHGIPTCYHQ143 STRIPE INC SER I PC PP N/A 1129819.00000000 NS USD 20619196.75000000 0.046321784989 Long EP CORP US Y 3 N N N NEW ORIENTAL EDUCATION and TECHNOLOGY GROUP INC 529900NHZVBZQZ8EKN29 NEW ORIENTAL ED and TECH GR INC - ADR 647581206 713502.00000000 NS USD 46727245.98000000 0.104974479252 Long EC CORP KY N 1 N N N GOBRANDS INC N/A GOBRANDS INC SER G PC PP N/A 166200.00000000 NS USD 7445760.00000000 0.016727174098 Long EP CORP US Y 3 N N N INSULET CORP 549300TZTYD2PYN92D43 INSULET CORP 45784P101 290025.00000000 NS USD 38448614.25000000 0.086376228134 Long EC CORP US N 1 N N N ASTERA LABS INC N/A ASTERA LABS INC SER C PC PP N/A 1572300.00000000 NS USD 14905404.00000000 0.033485539113 Long EP CORP US Y 3 N N N SONDER HOLDINGS INC N/A SONDER HLDS INC VWAP STAGE 1 01/18/2027 (NON-TRADABLE) RT TARGET $13 SD 7/18/22 N/A 16222.00000000 NS USD 486.66000000 0.000001093299 Long EC CORP US N 3 N N N AGBIOME LLC N/A AGBIOME LLC PC SER C P/P N/A 1091300.00000000 NS USD 174608.00000000 0.000392263303 Long EP CORP US Y 3 N N N BIRD GLOBAL INC N/A BIRD RIDES CVR VWAP STAGE 2 11/04/2026 (NON-TRADABLE) N/A 10516.00000000 NS USD 0.11000000 0.000000000247 Long EC CORP US N 3 N N N ANT INTERNATIONAL CO LTD N/A ANT INTERNATIONAL CO LTD CLASS C PP N/A 3214400.00000000 NS USD 6235936.00000000 0.014009259919 Long EC CORP KY Y 3 N N N OLLIES BARGAIN OUTLET HLDGS INC 529900YO5DSQCPEFDZ05 OLLIES BARGAIN OUTLET HOLDINGS INC 681116109 699611.00000000 NS USD 54037953.64000000 0.121398253294 Long EC CORP US N 1 N N N ARISTA NETWORKS INC 635400H1WKBLOQERUU95 ARISTA NETWORKS INC 040413106 122208.00000000 NS USD 24486816.96000000 0.055010536251 Long EC CORP US N 1 N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO 025816109 952910.00000000 NS USD 139153447.30000000 0.312613344957 Long EC CORP US N 1 N N N PATANJALI FOODS LTD 335800EXLHZBCGE81H10 PATANJALI FOODS LTD (DEMAT) N/A 1079012.00000000 NS 17710626.63000000 0.039787575080 Long EC CORP IN N 2 N N N BOWERY FARMING INC N/A BOWERY FARMING INC SER C-1 PRIME PC PP N/A 161262.00000000 NS USD 1285258.14000000 0.002887379752 Long EP CORP US Y 3 N N N CASTLE CREEK PHARMACEUTICAL HOLDINGS INC N/A CASTLE CREEK PHARMACEUTICAL HOLDINGS INC A-4 PREF PP N/A 29758.00000000 NS USD 4690158.38000000 0.010536613558 Long EP CORP US Y 3 N N N PINE LABS PVT LTD 335800PNP7BSLLVIBK61 PINE LABS PVT LTD SER B PFD PP N/A 6440.00000000 NS USD 2020163.60000000 0.004538371938 Long EP CORP IN Y 3 N N N LAS VEGAS SANDS CORP 549300DUOO1KXOHPM605 LAS VEGAS SANDS CORP 517834107 93700.00000000 NS USD 4447002.00000000 0.009990353794 Long EC CORP US N 1 N N N LINDE PLC 5299003QR1WT0EF88V51 LINDE PLC N/A 65870.00000000 NS USD 25172879.20000000 0.056551800344 Long EC CORP IE N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 23181160.00000000 NS USD 2876318332.80000000 6.461755081358 Long EC CORP US N 1 N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 90353T100 22248337.00000000 NS USD 962908025.36000000 2.163208346863 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 202312.00000000 NS USD 33668763.04000000 0.075638116329 Long EC CORP US N 1 N N N NEUTRON HOLDINGS INC 549300W1F8PO8BQFD775 NEUTRON HOLDINGS INC CONV 4% 06/12/2027 PP N/A 647200.00000000 PA USD 852103.52000000 0.001914281944 Long DBT CORP US Y 3 2027-06-12 Fixed 0.04000000 N N N Y Y NEUTRON HOLDINGS INC NEUTRON HOLDINGS INC PP USD XXXX N N N CASTLE CREEK PHARMACEUTICAL HOLDINGS INC N/A CASTLE CREEK PHARMACEUTICAL HOLDINGS INC SER B PC PERP PP N/A 3301.00000000 NS USD 507990.89000000 0.001141220245 Long EP CORP US Y 3 N N N SOFI TECHNOLOGIES INC 549300SW81JCMVZDDY09 SOFI TECHNOLOGIES INC 83406F102 1859738.00000000 NS USD 14041021.90000000 0.031543672887 Long EC CORP US N 1 N N FANATICS INC N/A FANATICS HOLDINGS INC CLASS A PP N/A 1938909.00000000 NS USD 148946989.38000000 0.334614897976 Long EC CORP US Y 3 N N N TENSTORRENT INC N/A TENSTORRENT INC SER C-1 PC PP N/A 77800.00000000 NS USD 4311676.00000000 0.009686338950 Long EP CORP CA Y 3 N N N DELIVEROO PLC 984500F6537F74DDEE77 DELIVEROO HOLDINGS PLC CL A N/A 11615215.00000000 NS 18353026.97000000 0.041230751106 Long EC CORP GB N 1 N N N RAPYD FINANCIAL NETWORK 2016 LTD N/A RAPYD FINANCIAL NETWORK 2016 LTD PP N/A 204327.00000000 NS USD 12406735.44000000 0.027872188157 Long EC CORP IL Y 3 N N N WALT DISNEY CO 549300GZKULIZ0WOW665 DISNEY (WALT) CO 254687106 87800.00000000 NS USD 7163602.00000000 0.016093295758 Long EC CORP US N 1 N N N SEA LTD 529900OM6JLLW44YKI15 SEA LTD ADR 81141R100 2018160.00000000 NS USD 84157272.00000000 0.189062411409 Long EC CORP KY N 1 N N N 2023-11-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_312_20231031.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Blue Chip Growth Fund
October 31, 2023
BCF-NPRT1-1223
1.809076.120
Common Stocks - 97.9%
 
 
Shares
Value ($)
(000s)
 
COMMUNICATION SERVICES - 15.4%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Indus Towers Ltd. (a)
 
4,052,100
8,383
Entertainment - 2.5%
 
 
 
Netflix, Inc. (a)
 
2,218,378
913,284
Roku, Inc. Class A (a)
 
376,027
22,400
Sea Ltd. ADR (a)
 
2,018,160
84,157
Sphere Entertainment Co. (a)
 
221,100
7,276
Take-Two Interactive Software, Inc. (a)
 
108,589
14,524
The Walt Disney Co. (a)
 
87,800
7,164
Universal Music Group NV
 
1,984,874
48,607
 
 
 
1,097,412
Interactive Media & Services - 12.8%
 
 
 
Alphabet, Inc. Class A (a)
 
23,181,160
2,876,318
Epic Games, Inc. (a)(b)(c)
 
6,131
3,896
JOYY, Inc. ADR
 
164,296
6,394
Meta Platforms, Inc. Class A (a)
 
6,794,723
2,047,046
Pinterest, Inc. Class A (a)
 
193,900
5,794
Snap, Inc. Class A (a)
 
77,789,087
778,669
 
 
 
5,718,117
Media - 0.0%
 
 
 
Charter Communications, Inc. Class A (a)
 
47,761
19,238
Wireless Telecommunication Services - 0.1%
 
 
 
T-Mobile U.S., Inc.
 
233,252
33,556
TOTAL COMMUNICATION SERVICES
 
 
6,876,706
CONSUMER DISCRETIONARY - 21.5%
 
 
 
Automobile Components - 0.1%
 
 
 
Aptiv PLC (a)
 
350,596
30,572
Automobiles - 1.9%
 
 
 
Neutron Holdings, Inc. (a)(b)(c)
 
7,152,433
227
Rad Power Bikes, Inc. (a)(b)(c)
 
928,091
325
Rad Power Bikes, Inc. warrants 10/6/33 (a)(b)(c)
 
980,651
1,814
Rivian Automotive, Inc. (a)(d)
 
7,104,302
115,232
Tesla, Inc. (a)
 
3,703,944
743,900
 
 
 
861,498
Broadline Retail - 9.2%
 
 
 
Alibaba Group Holding Ltd. sponsored ADR (a)
 
1,652,175
136,371
Amazon.com, Inc. (a)
 
28,656,600
3,813,907
Dollarama, Inc.
 
183,286
12,516
Ollie's Bargain Outlet Holdings, Inc. (a)
 
699,611
54,038
PDD Holdings, Inc. ADR (a)
 
556,946
56,485
 
 
 
4,073,317
Diversified Consumer Services - 0.1%
 
 
 
New Oriental Education & Technology Group, Inc. sponsored ADR (a)
 
713,502
46,727
Hotels, Restaurants & Leisure - 2.2%
 
 
 
Airbnb, Inc. Class A (a)
 
2,483,578
293,782
Caesars Entertainment, Inc. (a)
 
2,379,638
94,924
Chipotle Mexican Grill, Inc. (a)
 
46,628
90,561
Deliveroo PLC Class A (a)(e)
 
11,615,215
18,353
Draftkings Holdings, Inc. (a)(d)
 
1,831,401
50,583
Dutch Bros, Inc. (a)
 
175,300
4,267
Las Vegas Sands Corp.
 
93,700
4,447
Light & Wonder, Inc. Class A (a)
 
317,268
23,195
Marriott International, Inc. Class A
 
489,432
92,287
McDonald's Corp.
 
208,359
54,625
Penn Entertainment, Inc. (a)
 
3,320,523
65,514
Restaurant Brands International, Inc.
 
306,195
20,568
Sonder Holdings, Inc.:
 
 
 
 Stage 1 rights (a)(c)
 
16,222
0
 Stage 2 rights (a)(c)
 
16,221
0
 Stage 3 rights (a)(c)
 
16,222
0
 Stage 4 rights (a)(c)
 
16,221
0
 Stage 5:
 
 
 
 rights (a)(c)
 
16,221
0
 rights (a)(c)
 
16,221
0
Starbucks Corp. (d)
 
1,053,573
97,182
Sweetgreen, Inc. Class A (a)(d)
 
6,965,786
71,957
Yum! Brands, Inc.
 
65,582
7,926
 
 
 
990,171
Household Durables - 0.0%
 
 
 
SharkNinja Hong Kong Co. Ltd.
 
229,108
9,568
Specialty Retail - 4.2%
 
 
 
Abercrombie & Fitch Co. Class A (a)(f)
 
2,580,480
156,945
American Eagle Outfitters, Inc. (f)
 
11,086,627
193,683
Aritzia, Inc. (a)
 
1,230,372
19,138
Dick's Sporting Goods, Inc.
 
800,429
85,606
Fanatics, Inc. Class A (a)(b)(c)
 
1,938,909
148,947
Fast Retailing Co. Ltd.
 
18,789
4,160
Five Below, Inc. (a)
 
770,665
134,080
Floor & Decor Holdings, Inc. Class A (a)(d)
 
40,891
3,369
Foot Locker, Inc. (d)
 
277,199
5,818
Gap, Inc. (d)
 
760,945
9,740
Lowe's Companies, Inc.
 
2,716,391
517,663
RH (a)(d)
 
814,542
177,538
TJX Companies, Inc.
 
3,100,174
273,032
Warby Parker, Inc. (a)(d)(f)
 
5,561,505
72,188
Wayfair LLC Class A (a)
 
1,356,697
57,809
 
 
 
1,859,716
Textiles, Apparel & Luxury Goods - 3.8%
 
 
 
Compagnie Financiere Richemont SA Series A
 
191,942
22,644
Crocs, Inc. (a)
 
1,059,035
94,593
Deckers Outdoor Corp. (a)
 
738,284
440,800
Hermes International SCA
 
21,483
39,998
lululemon athletica, Inc. (a)
 
1,400,710
551,151
LVMH Moet Hennessy Louis Vuitton SE
 
144,106
103,170
NIKE, Inc. Class B
 
3,413,606
350,816
On Holding AG (a)
 
2,278,722
58,495
PVH Corp.
 
589,581
43,835
Tory Burch LLC (a)(b)(c)(g)
 
293,611
8,303
 
 
 
1,713,805
TOTAL CONSUMER DISCRETIONARY
 
 
9,585,374
CONSUMER STAPLES - 2.4%
 
 
 
Beverages - 1.2%
 
 
 
Boston Beer Co., Inc. Class A (a)
 
173,377
57,899
Celsius Holdings, Inc. (a)(d)
 
2,846,887
432,983
PepsiCo, Inc.
 
237,091
38,712
 
 
 
529,594
Consumer Staples Distribution & Retail - 0.7%
 
 
 
BJ's Wholesale Club Holdings, Inc. (a)
 
164,660
11,217
Costco Wholesale Corp.
 
7,496
4,141
Dollar Tree, Inc. (a)
 
935,013
103,871
Maplebear, Inc. (d)
 
111,210
2,739
Maplebear, Inc.
 
364,225
8,074
Target Corp.
 
677,740
75,087
Walmart, Inc.
 
733,801
119,910
 
 
 
325,039
Food Products - 0.2%
 
 
 
Bowery Farming, Inc. warrants (a)(b)(c)
 
145,528
601
Lamb Weston Holdings, Inc.
 
325,800
29,257
Patanjali Foods Ltd.
 
1,079,012
17,711
The Hershey Co.
 
81,100
15,194
The Real Good Food Co. LLC:
 
 
 
 Class B (a)(c)(f)
 
1,262,073
0
 Class B unit (a)(e)(f)
 
1,262,073
2,953
The Real Good Food Co., Inc. (a)
 
291,867
683
 
 
 
66,399
Household Products - 0.1%
 
 
 
Procter & Gamble Co.
 
374,019
56,114
The Clorox Co.
 
41,200
4,849
 
 
 
60,963
Personal Care Products - 0.2%
 
 
 
elf Beauty, Inc. (a)
 
54,953
5,090
Estee Lauder Companies, Inc. Class A
 
218,133
28,111
Kenvue, Inc.
 
1,798,138
33,445
Oddity Tech Ltd. (d)
 
267,801
6,842
Oddity Tech Ltd.
 
360,543
8,751
 
 
 
82,239
Tobacco - 0.0%
 
 
 
JUUL Labs, Inc.:
 
 
 
 Class A (a)(b)(c)
 
21,148
23
 Class B (a)(b)(c)
 
6,625
7
 
 
 
30
TOTAL CONSUMER STAPLES
 
 
1,064,264
ENERGY - 2.5%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Secure Energy Services, Inc.
 
1,783,645
9,904
Oil, Gas & Consumable Fuels - 2.5%
 
 
 
Antero Resources Corp. (a)
 
914,118
26,912
Cheniere Energy, Inc.
 
202,312
33,669
Diamondback Energy, Inc.
 
978,412
156,859
EOG Resources, Inc.
 
1,490,786
188,212
Exxon Mobil Corp.
 
1,167,872
123,619
Hess Corp.
 
1,417,679
204,713
Northern Oil & Gas, Inc.
 
435,295
16,689
Occidental Petroleum Corp.
 
1,746,370
107,943
Pioneer Natural Resources Co.
 
126,815
30,309
Reliance Industries Ltd.
 
6,689,593
183,894
Reliance Industries Ltd. GDR (e)
 
220,139
12,020
 
 
 
1,084,839
TOTAL ENERGY
 
 
1,094,743
FINANCIALS - 2.2%
 
 
 
Banks - 0.1%
 
 
 
HDFC Bank Ltd.
 
1,172,172
20,793
Capital Markets - 0.0%
 
 
 
Coinbase Global, Inc. (a)
 
108,633
8,378
Consumer Finance - 0.3%
 
 
 
American Express Co.
 
952,910
139,153
SoFi Technologies, Inc. (a)(d)
 
1,859,738
14,041
 
 
 
153,194
Financial Services - 1.8%
 
 
 
Ant International Co. Ltd. Class C (a)(b)(c)
 
3,214,400
6,236
Berkshire Hathaway, Inc. Class B (a)
 
41,149
14,045
Block, Inc. Class A (a)
 
2,082,474
83,820
Jio Financial Services Ltd.
 
6,689,593
17,749
MasterCard, Inc. Class A
 
1,399,867
526,840
One97 Communications Ltd. (a)
 
1,801
20
Rapyd Financial Network 2016 Ltd. (a)(b)(c)
 
204,327
12,407
Visa, Inc. Class A
 
534,547
125,672
 
 
 
786,789
TOTAL FINANCIALS
 
 
969,154
HEALTH CARE - 9.6%
 
 
 
Biotechnology - 1.5%
 
 
 
Alnylam Pharmaceuticals, Inc. (a)
 
652,151
98,997
Apogee Therapeutics, Inc.
 
278,024
4,776
Argenx SE ADR (a)
 
117,228
55,047
Ascendis Pharma A/S sponsored ADR (a)
 
419,991
37,509
Cibus, Inc. (a)
 
449,129
4,828
CytomX Therapeutics, Inc. (a)(e)
 
378,621
416
Generation Bio Co. (a)
 
776,647
729
Gilead Sciences, Inc.
 
191,354
15,029
Karuna Therapeutics, Inc. (a)
 
187,230
31,194
Moderna, Inc. (a)
 
17,747
1,348
Moonlake Immunotherapeutics (a)(d)
 
396,524
20,544
Regeneron Pharmaceuticals, Inc. (a)
 
326,894
254,941
Sagimet Biosciences, Inc.
 
278,024
1,018
Vertex Pharmaceuticals, Inc. (a)
 
423,576
153,381
Viking Therapeutics, Inc. (a)
 
483,549
4,744
 
 
 
684,501
Health Care Equipment & Supplies - 1.3%
 
 
 
Axonics Modulation Technologies, Inc. (a)
 
571,893
29,287
Blink Health LLC Series A1 (a)(b)(c)
 
51,117
2,402
Boston Scientific Corp. (a)
 
2,680,745
137,227
DexCom, Inc. (a)
 
2,195,218
195,001
Inspire Medical Systems, Inc. (a)
 
58,500
8,609
Insulet Corp. (a)
 
283,325
37,560
Shockwave Medical, Inc. (a)
 
395,792
81,636
Stryker Corp.
 
311,170
84,084
TransMedics Group, Inc. (a)
 
105,565
3,957
 
 
 
579,763
Health Care Providers & Services - 2.7%
 
 
 
agilon health, Inc. (a)
 
362,372
6,523
Alignment Healthcare, Inc. (a)
 
884,719
6,087
Guardant Health, Inc. (a)
 
2,041,423
52,832
Humana, Inc.
 
281,891
147,623
Surgery Partners, Inc. (a)
 
561,421
12,986
UnitedHealth Group, Inc.
 
1,809,304
968,991
 
 
 
1,195,042
Health Care Technology - 0.0%
 
 
 
Certara, Inc. (a)(d)
 
111,746
1,362
MultiPlan Corp. warrants (a)(b)
 
138,859
0
 
 
 
1,362
Life Sciences Tools & Services - 0.5%
 
 
 
Danaher Corp.
 
577,488
110,889
ICON PLC (a)
 
47,439
11,573
Thermo Fisher Scientific, Inc.
 
122,175
54,340
Veterinary Emergency Group LLC Class A (a)(b)(c)(g)
 
524,494
29,880
 
 
 
206,682
Pharmaceuticals - 3.6%
 
 
 
Eli Lilly & Co.
 
1,897,538
1,051,103
Novo Nordisk A/S:
 
 
 
 Series B
 
273,546
26,391
 Series B sponsored ADR
 
2,221,894
214,568
Roche Holding AG (participation certificate)
 
44,688
11,517
Ventyx Biosciences, Inc. (a)
 
179,617
2,590
Zoetis, Inc. Class A
 
1,826,218
286,716
 
 
 
1,592,885
TOTAL HEALTH CARE
 
 
4,260,235
INDUSTRIALS - 4.4%
 
 
 
Aerospace & Defense - 1.2%
 
 
 
Airbus Group NV
 
211,094
28,303
BAE Systems PLC
 
396,000
5,325
Howmet Aerospace, Inc.
 
1,086,964
47,935
L3Harris Technologies, Inc.
 
133,709
23,989
Northrop Grumman Corp.
 
51,848
24,443
Space Exploration Technologies Corp.:
 
 
 
 Class A (a)(b)(c)
 
2,961,836
239,909
 Class C (a)(b)(c)
 
27,830
2,254
The Boeing Co. (a)
 
853,259
159,406
TransDigm Group, Inc. (a)
 
26,273
21,756
 
 
 
553,320
Air Freight & Logistics - 0.1%
 
 
 
Delhivery Private Ltd. (a)
 
2,469,600
12,256
FedEx Corp.
 
56,703
13,614
 
 
 
25,870
Commercial Services & Supplies - 0.1%
 
 
 
ACV Auctions, Inc. Class A (a)
 
2,224,889
29,658
Construction & Engineering - 0.0%
 
 
 
EMCOR Group, Inc.
 
21,863
4,518
Quanta Services, Inc.
 
24,059
4,021
 
 
 
8,539
Electrical Equipment - 0.1%
 
 
 
Eaton Corp. PLC
 
261,606
54,391
Generac Holdings, Inc. (a)
 
67,200
5,650
 
 
 
60,041
Ground Transportation - 2.7%
 
 
 
Bird Global, Inc. (a)(b)
 
72,846
34
Bird Global, Inc.:
 
 
 
 Class A (a)(d)
 
736,414
342
 Stage 1 rights (a)(c)
 
10,516
0
 Stage 2 rights (a)(c)
 
10,516
0
 Stage 3 rights (a)(c)
 
10,516
0
Canadian Pacific Kansas City Ltd.
 
120,693
8,566
Grab Holdings Ltd. (a)
 
2,677,215
8,219
Lyft, Inc. (a)
 
21,734,815
199,308
Uber Technologies, Inc. (a)
 
22,248,337
962,908
 
 
 
1,179,377
Industrial Conglomerates - 0.0%
 
 
 
General Electric Co.
 
131,200
14,252
Trading Companies & Distributors - 0.2%
 
 
 
FTAI Aviation Ltd.
 
1,904,438
71,626
TOTAL INDUSTRIALS
 
 
1,942,683
INFORMATION TECHNOLOGY - 39.2%
 
 
 
Communications Equipment - 0.1%
 
 
 
Arista Networks, Inc. (a)
 
122,208
24,487
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Jabil, Inc.
 
78,982
9,699
IT Services - 0.5%
 
 
 
MongoDB, Inc. Class A (a)
 
194,788
67,122
Okta, Inc. (a)
 
1,766,016
119,047
Shopify, Inc. Class A (a)
 
315,550
14,902
Snowflake, Inc. (a)
 
215,688
31,303
X Holdings Corp. (b)(c)
 
196,600
6,268
 
 
 
238,642
Semiconductors & Semiconductor Equipment - 16.8%
 
 
 
Advanced Micro Devices, Inc. (a)
 
1,200,409
118,240
Arm Holdings Ltd. ADR (d)
 
313,862
15,470
ASML Holding NV (depository receipt)
 
85,737
51,340
First Solar, Inc. (a)
 
44,948
6,403
GaN Systems, Inc. (c)
 
2,839,866
286
GaN Systems, Inc. (c)
 
2,839,866
0
GlobalFoundries, Inc. (a)
 
5,387,010
267,303
Impinj, Inc. (a)
 
284,249
18,365
Lattice Semiconductor Corp. (a)
 
13,522
752
Marvell Technology, Inc.
 
27,703,717
1,308,170
Monolithic Power Systems, Inc.
 
222,147
98,131
NVIDIA Corp.
 
10,736,113
4,378,187
NXP Semiconductors NV
 
3,718,360
641,157
ON Semiconductor Corp. (a)
 
4,297,999
269,227
Synaptics, Inc. (a)
 
56,041
4,688
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR
 
2,325,048
200,675
Teradyne, Inc.
 
1,327,547
110,545
 
 
 
7,488,939
Software - 12.3%
 
 
 
Adobe, Inc. (a)
 
105,220
55,983
Atom Tickets LLC (a)(b)(c)(g)
 
1,204,239
0
Bill Holdings, Inc. (a)(d)
 
884,632
80,758
Confluent, Inc. (a)
 
344,832
9,969
Datadog, Inc. Class A (a)
 
588,461
47,942
HubSpot, Inc. (a)
 
377,610
160,020
Intuit, Inc.
 
299,912
148,441
Microsoft Corp.
 
12,970,439
4,385,440
Oracle Corp.
 
317,195
32,798
Palo Alto Networks, Inc. (a)
 
19,467
4,731
Pine Labs Private Ltd. (a)(b)(c)
 
9,912
3,109
Salesforce, Inc. (a)
 
2,002,174
402,097
ServiceNow, Inc. (a)
 
168,121
97,821
Stripe, Inc. Class B (a)(b)(c)
 
173,600
3,168
Tanium, Inc. Class B (a)(b)(c)
 
554,900
4,273
Zoom Video Communications, Inc. Class A (a)(d)
 
949,623
56,958
 
 
 
5,493,508
Technology Hardware, Storage & Peripherals - 9.5%
 
 
 
Apple, Inc.
 
24,321,975
4,153,464
Dell Technologies, Inc.
 
922,256
61,708
 
 
 
4,215,172
TOTAL INFORMATION TECHNOLOGY
 
 
17,470,447
MATERIALS - 0.5%
 
 
 
Chemicals - 0.1%
 
 
 
Linde PLC
 
65,870
25,173
Metals & Mining - 0.4%
 
 
 
ATI, Inc. (a)
 
596,342
22,524
Carpenter Technology Corp.
 
533,855
33,483
Freeport-McMoRan, Inc.
 
4,282,804
144,673
 
 
 
200,680
TOTAL MATERIALS
 
 
225,853
REAL ESTATE - 0.2%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.1%
 
 
 
Welltower, Inc.
 
584,596
48,878
Real Estate Management & Development - 0.1%
 
 
 
Zillow Group, Inc. Class C (a)(d)
 
823,190
29,841
TOTAL REAL ESTATE
 
 
78,719
 
TOTAL COMMON STOCKS
 (Cost $22,000,810)
 
 
 
43,568,178
 
 
 
 
Preferred Stocks - 1.9%
 
 
Shares
Value ($)
(000s)
 
Convertible Preferred Stocks - 1.8%
 
 
 
COMMUNICATION SERVICES - 0.2%
 
 
 
Interactive Media & Services - 0.2%
 
 
 
ByteDance Ltd. Series E1 (a)(b)(c)
 
293,038
68,468
Reddit, Inc.:
 
 
 
  Series B(a)(b)(c)
 
524,232
16,330
  Series E(a)(b)(c)
 
43,813
1,365
  Series F(a)(b)(c)
 
457,142
14,240
 
 
 
100,403
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Automobiles - 0.0%
 
 
 
Rad Power Bikes, Inc.:
 
 
 
  Series A(a)(b)(c)
 
120,997
42
  Series C(a)(b)(c)
 
476,111
281
  Series D(a)(b)(c)
 
867,000
737
 
 
 
1,060
Broadline Retail - 0.1%
 
 
 
Meesho Series F (a)(b)(c)
 
546,589
35,545
 
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Discord, Inc. Series I (a)(b)(c)
 
6,100
1,582
MOD Super Fast Pizza Holdings LLC Series 3 (a)(b)(c)(g)
 
100,182
24,947
 
 
 
26,529
TOTAL CONSUMER DISCRETIONARY
 
 
63,134
 
 
 
 
CONSUMER STAPLES - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
GoBrands, Inc.:
 
 
 
  Series G(a)(b)(c)
 
166,200
7,446
  Series H(a)(b)(c)
 
104,029
4,660
 
 
 
12,106
Food Products - 0.0%
 
 
 
AgBiome LLC Series C (a)(b)(c)
 
1,091,300
175
Bowery Farming, Inc.:
 
 
 
  Series C1(a)(b)(c)
 
161,262
1,285
  Series D1(b)(c)
 
145,528
774
 
 
 
2,234
Tobacco - 0.0%
 
 
 
JUUL Labs, Inc.:
 
 
 
  Series C(a)(b)(c)
 
2,570,575
2,751
  Series D(a)(b)(c)
 
13,822
15
  Series E(a)(b)(c)
 
14,959
16
 
 
 
2,782
TOTAL CONSUMER STAPLES
 
 
17,122
 
 
 
 
HEALTH CARE - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Castle Creek Biosciences, Inc. Series D2 (a)(b)(c)
 
5,347
831
 
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Blink Health LLC Series C (a)(b)(c)
 
170,685
8,020
 
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Castle Creek Pharmaceutical Holdings, Inc. Series B (a)(b)(c)
 
3,301
508
 
 
 
 
TOTAL HEALTH CARE
 
 
9,359
 
 
 
 
INDUSTRIALS - 0.6%
 
 
 
Aerospace & Defense - 0.6%
 
 
 
ABL Space Systems:
 
 
 
  Series B(a)(b)(c)
 
270,130
7,572
  Series B2(a)(b)(c)
 
141,569
3,950
Relativity Space, Inc. Series E (a)(b)(c)
 
2,480,614
52,812
Space Exploration Technologies Corp.:
 
 
 
  Series G(a)(b)(c)
 
98,074
79,440
  Series H(a)(b)(c)
 
25,767
20,871
  Series J(b)(c)
 
5,376
4,355
  Series N(a)(b)(c)
 
79,406
64,319
 
 
 
233,319
Construction & Engineering - 0.0%
 
 
 
Beta Technologies, Inc. Series A (a)(b)(c)
 
101,010
9,510
 
 
 
 
TOTAL INDUSTRIALS
 
 
242,829
 
 
 
 
INFORMATION TECHNOLOGY - 0.6%
 
 
 
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
CelLink Corp. Series D (a)(b)(c)
 
771,513
7,839
Enevate Corp. Series E (a)(b)(c)
 
12,084,432
10,151
Menlo Micro, Inc. Series C (a)(b)(c)
 
4,680,700
4,634
 
 
 
22,624
IT Services - 0.0%
 
 
 
Yanka Industries, Inc. Series F (a)(b)(c)
 
508,854
3,470
 
 
 
 
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
Alif Semiconductor Series C (a)(b)(c)
 
391,847
6,975
Astera Labs, Inc.:
 
 
 
  Series A(a)(b)(c)
 
672,992
6,380
  Series B(a)(b)(c)
 
114,587
1,086
  Series C(a)(b)(c)
 
1,572,300
14,905
  Series D(a)(b)(c)
 
2,623,426
24,870
Retym, Inc. Series C (b)(c)
 
810,037
5,994
SiMa.ai:
 
 
 
  Series B(a)(b)(c)
 
2,821,200
17,379
  Series B1(a)(b)(c)
 
188,978
1,357
Xsight Labs Ltd. Series D (a)(b)(c)
 
1,192,000
5,364
 
 
 
84,310
Software - 0.3%
 
 
 
Algolia, Inc. Series D (a)(b)(c)
 
276,495
3,365
Bolt Technology OU Series E (a)(b)(c)
 
170,267
20,109
Databricks, Inc.:
 
 
 
  Series G(a)(b)(c)
 
437,958
32,190
  Series H(a)(b)(c)
 
273,924
20,133
  Series I(b)(c)
 
6,675
491
Dataminr, Inc. Series D (a)(b)(c)
 
277,250
3,593
Delphix Corp. Series D (a)(b)(c)
 
675,445
2,607
Moloco, Inc. Series A (b)(c)
 
103,822
6,229
Mountain Digital, Inc. Series D (a)(b)(c)
 
524,265
7,067
Skyryse, Inc. Series B (a)(b)(c)
 
560,000
12,897
Stripe, Inc.:
 
 
 
  Series H(a)(b)(c)
 
73,100
1,334
  Series I(b)(c)
 
1,129,819
20,619
Tenstorrent, Inc. Series C1 (a)(b)(c)
 
77,800
4,312
 
 
 
134,946
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
Lightmatter, Inc. Series C (b)(c)
 
372,617
5,936
 
 
 
 
TOTAL INFORMATION TECHNOLOGY
 
 
251,286
 
 
 
 
MATERIALS - 0.2%
 
 
 
Metals & Mining - 0.2%
 
 
 
Diamond Foundry, Inc. Series C (a)(b)(c)
 
2,271,329
66,459
 
 
 
 
REAL ESTATE - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
ZKH Group Ltd. Series F (b)(c)
 
21,325,985
7,891
 
 
 
 
UTILITIES - 0.1%
 
 
 
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Redwood Materials:
 
 
 
  Series C(a)(b)(c)
 
341,408
16,299
  Series D(b)(c)
 
97,832
4,670
 
 
 
20,969
TOTAL CONVERTIBLE PREFERRED STOCKS
 
 
779,452
Nonconvertible Preferred Stocks - 0.1%
 
 
 
CONSUMER DISCRETIONARY - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Neutron Holdings, Inc.:
 
 
 
  Series 1C(a)(b)(c)
 
50,654,200
1,611
  Series 1D(a)(b)(c)
 
85,315,542
2,713
Waymo LLC Series A2 (a)(b)(c)
 
81,316
4,568
 
 
 
8,892
FINANCIALS - 0.1%
 
 
 
Financial Services - 0.1%
 
 
 
Circle Internet Financial Ltd. Series E (a)(b)(c)
 
1,244,183
26,762
 
 
 
 
HEALTH CARE - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Castle Creek Pharmaceutical Holdings, Inc. Series A4 (a)(b)(c)
 
29,758
4,690
 
 
 
 
INFORMATION TECHNOLOGY - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Gupshup, Inc. (a)(b)(c)
 
709,497
8,869
 
 
 
 
Software - 0.0%
 
 
 
Pine Labs Private Ltd.:
 
 
 
  Series 1(a)(b)(c)
 
23,689
7,431
  Series A(a)(b)(c)
 
5,920
1,857
  Series B(a)(b)(c)
 
6,440
2,020
  Series B2(a)(b)(c)
 
5,209
1,634
  Series C(a)(b)(c)
 
9,690
3,040
  Series C1(a)(b)(c)
 
2,041
640
  Series D(a)(b)(c)
 
2,183
685
 
 
 
17,307
TOTAL INFORMATION TECHNOLOGY
 
 
26,176
 
 
 
 
TOTAL NONCONVERTIBLE PREFERRED STOCKS
 
 
66,520
 
TOTAL PREFERRED STOCKS
 (Cost $872,121)
 
 
 
845,972
 
 
 
 
Corporate Bonds - 0.1%
 
 
Principal
Amount (h)
(000s)
 
Value ($)
(000s)
 
Convertible Bonds - 0.1%
 
 
 
CONSUMER DISCRETIONARY - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Neutron Holdings, Inc.:
 
 
 
  4% 5/22/27(b)(c)
 
2,433
3,203
  4% 6/12/27(b)(c)
 
647
852
  5.5% 10/29/26(b)(c)(i)
 
21,263
21,338
Rad Power Bikes, Inc. 8% 12/31/25 (b)(c)
 
981
1,624
 
 
 
27,017
Nonconvertible Bonds - 0.0%
 
 
 
FINANCIALS - 0.0%
 
 
 
Financial Services - 0.0%
 
 
 
Ant International Co. Ltd. 3.55% 8/14/24 (b)(c)
 
4,431
4,409
 
 
 
 
 
TOTAL CORPORATE BONDS
 (Cost $29,755)
 
 
 
31,426
 
 
 
 
Preferred Securities - 0.0%
 
 
Principal
Amount (h)
(000s)
 
Value ($)
(000s)
 
INFORMATION TECHNOLOGY - 0.0%
 
 
 
Software - 0.0%
 
 
 
Tenstorrent, Inc. 0% (b)(c)(j)
 
  (Cost $4,320)
 
 
4,320
4,026
 
 
 
 
Money Market Funds - 1.0%
 
 
Shares
Value ($)
(000s)
 
Fidelity Cash Central Fund 3.87% (k)
 
16,223,639
16,227
Fidelity Securities Lending Cash Central Fund 3.62% (k)(l)
 
452,312,099
452,357
 
TOTAL MONEY MARKET FUNDS
 (Cost $468,584)
 
 
468,584
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.9%
 (Cost $23,375,590)
 
 
 
44,918,186
NET OTHER ASSETS (LIABILITIES) - (0.9)%  
(406,664)
NET ASSETS - 100.0%
44,511,522
 
 
 
Any values shown as $0 in the Schedule of Investments may reflect amounts less than $500.
 
Legend
 
(a)
Non-income producing
 
(b)
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 $1,355,507,000 or 3.0% of net assets.
 
(c)
Level 3 security
 
(d)
Security or a portion of the security is on loan at period end.
 
(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 $33,742,000 or 0.1% of net assets.
 
(f)
Affiliated company
 
(g)
Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.
 
(h)
Amount is stated in United States dollars unless otherwise noted.
 
(i)
Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.
 
(j)
Security is perpetual in nature with no stated maturity date.
 
(k)
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.
 
(l)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
(000s)
ABL Space Systems Series B
3/24/21
12,165
 
 
 
ABL Space Systems Series B2
10/22/21
9,626
 
 
 
AgBiome LLC Series C
6/29/18
6,912
 
 
 
Algolia, Inc. Series D
7/23/21
8,086
 
 
 
Alif Semiconductor Series C
3/08/22
7,954
 
 
 
Ant International Co. Ltd. Class C
5/16/18
12,251
 
 
 
Ant International Co. Ltd. 3.55% 8/14/24
8/14/23
4,431
 
 
 
Astera Labs, Inc. Series A
5/17/22
6,844
 
 
 
Astera Labs, Inc. Series B
5/17/22
1,165
 
 
 
Astera Labs, Inc. Series C
8/24/21
5,286
 
 
 
Astera Labs, Inc. Series D
5/17/22 - 5/27/22
26,679
 
 
 
Atom Tickets LLC
8/15/17
7,223
 
 
 
Beta Technologies, Inc. Series A
4/09/21
7,401
 
 
 
Bird Global, Inc.
5/11/21
18,211
 
 
 
Blink Health LLC Series A1
12/30/20
1,385
 
 
 
Blink Health LLC Series C
11/07/19 - 7/14/21
6,515
 
 
 
Bolt Technology OU Series E
1/03/22
44,235
 
 
 
Bowery Farming, Inc. Series C1
5/18/21
9,716
 
 
 
Bowery Farming, Inc. Series D1
10/25/23
1,375
 
 
 
Bowery Farming, Inc. warrants
10/25/23
0
 
 
 
ByteDance Ltd. Series E1
11/18/20
32,109
 
 
 
Castle Creek Biosciences, Inc. Series D2
6/28/21
917
 
 
 
Castle Creek Pharmaceutical Holdings, Inc. Series A4
9/29/16
9,831
 
 
 
Castle Creek Pharmaceutical Holdings, Inc. Series B
10/09/18
1,360
 
 
 
CelLink Corp. Series D
1/20/22
16,066
 
 
 
Circle Internet Financial Ltd. Series E
5/11/21
20,193
 
 
 
Databricks, Inc. Series G
2/01/21
25,893
 
 
 
Databricks, Inc. Series H
8/31/21
20,129
 
 
 
Databricks, Inc. Series I
9/14/23
491
 
 
 
Dataminr, Inc. Series D
3/06/15
3,535
 
 
 
Delphix Corp. Series D
7/10/15
6,079
 
 
 
Diamond Foundry, Inc. Series C
3/15/21
54,512
 
 
 
Discord, Inc. Series I
9/15/21
3,359
 
 
 
Enevate Corp. Series E
1/29/21
13,398
 
 
 
Epic Games, Inc.
7/30/20
3,525
 
 
 
Fanatics, Inc. Class A
8/13/20 - 10/24/22
78,990
 
 
 
GoBrands, Inc. Series G
3/02/21
41,503
 
 
 
GoBrands, Inc. Series H
7/22/21
40,414
 
 
 
Gupshup, Inc.
6/08/21
16,223
 
 
 
JUUL Labs, Inc. Class A
12/20/17
453
 
 
 
JUUL Labs, Inc. Class B
11/21/17
0
 
 
 
JUUL Labs, Inc. Series C
5/22/15 - 7/06/18
0
 
 
 
JUUL Labs, Inc. Series D
6/25/18 - 7/06/18
0
 
 
 
JUUL Labs, Inc. Series E
12/20/17
321
 
 
 
Lightmatter, Inc. Series C
5/19/23
6,132
 
 
 
Meesho Series F
9/21/21
41,908
 
 
 
Menlo Micro, Inc. Series C
2/09/22
6,204
 
 
 
MOD Super Fast Pizza Holdings LLC Series 3
11/03/16 - 5/15/19
14,058
 
 
 
Moloco, Inc. Series A
6/26/23
6,229
 
 
 
Mountain Digital, Inc. Series D
11/05/21
12,040
 
 
 
MultiPlan Corp. warrants
10/08/20
0
 
 
 
Neutron Holdings, Inc.
2/04/21
72
 
 
 
Neutron Holdings, Inc. Series 1C
7/03/18
9,262
 
 
 
Neutron Holdings, Inc. Series 1D
1/25/19
20,689
 
 
 
Neutron Holdings, Inc. 4% 5/22/27
6/04/20
2,433
 
 
 
Neutron Holdings, Inc. 4% 6/12/27
6/12/20
647
 
 
 
Neutron Holdings, Inc. 5.5% 10/29/26
10/29/21 - 4/27/23
21,264
 
 
 
Pine Labs Private Ltd.
6/30/21
3,696
 
 
 
Pine Labs Private Ltd. Series 1
6/30/21
8,833
 
 
 
Pine Labs Private Ltd. Series A
6/30/21
2,207
 
 
 
Pine Labs Private Ltd. Series B
6/30/21
2,401
 
 
 
Pine Labs Private Ltd. Series B2
6/30/21
1,942
 
 
 
Pine Labs Private Ltd. Series C
6/30/21
3,613
 
 
 
Pine Labs Private Ltd. Series C1
6/30/21
761
 
 
 
Pine Labs Private Ltd. Series D
6/30/21
814
 
 
 
Rad Power Bikes, Inc.
1/21/21
4,477
 
 
 
Rad Power Bikes, Inc. warrants 10/6/33
10/06/23
0
 
 
 
Rad Power Bikes, Inc. Series A
1/21/21
584
 
 
 
Rad Power Bikes, Inc. Series C
1/21/21
2,297
 
 
 
Rad Power Bikes, Inc. Series D
9/17/21
8,309
 
 
 
Rad Power Bikes, Inc. 8% 12/31/25
10/06/23
981
 
 
 
Rapyd Financial Network 2016 Ltd.
3/30/21
15,000
 
 
 
Reddit, Inc. Series B
7/26/17
7,442
 
 
 
Reddit, Inc. Series E
5/18/21
1,861
 
 
 
Reddit, Inc. Series F
8/11/21
28,249
 
 
 
Redwood Materials Series C
5/28/21
16,184
 
 
 
Redwood Materials Series D
6/02/23
4,670
 
 
 
Relativity Space, Inc. Series E
5/27/21
56,645
 
 
 
Retym, Inc. Series C
5/17/23 - 6/20/23
6,303
 
 
 
SiMa.ai Series B
5/10/21
14,465
 
 
 
SiMa.ai Series B1
4/25/22
1,340
 
 
 
Skyryse, Inc. Series B
10/21/21
13,821
 
 
 
Space Exploration Technologies Corp. Class A
10/16/15 - 5/24/22
55,406
 
 
 
Space Exploration Technologies Corp. Class C
9/11/17
376
 
 
 
Space Exploration Technologies Corp. Series G
1/20/15 - 9/07/23
8,181
 
 
 
Space Exploration Technologies Corp. Series H
8/04/17
3,479
 
 
 
Space Exploration Technologies Corp. Series J
9/07/23
4,355
 
 
 
Space Exploration Technologies Corp. Series N
8/04/20
21,440
 
 
 
Stripe, Inc. Class B
5/18/21
6,966
 
 
 
Stripe, Inc. Series H
3/15/21
2,933
 
 
 
Stripe, Inc. Series I
3/20/23 - 5/12/23
22,748
 
 
 
Tanium, Inc. Class B
4/21/17
2,755
 
 
 
Tenstorrent, Inc. Series C1
4/23/21
4,626
 
 
 
Tenstorrent, Inc. 0%
4/23/21
4,320
 
 
 
Tory Burch LLC
5/14/15
20,708
 
 
 
Veterinary Emergency Group LLC Class A
9/16/21 - 3/17/22
21,653
 
 
 
Waymo LLC Series A2
5/08/20
6,982
 
 
 
X Holdings Corp.
10/25/22
19,660
 
 
 
Xsight Labs Ltd. Series D
2/16/21
9,531
 
 
 
Yanka Industries, Inc. Series F
4/08/21
16,221
 
 
 
ZKH Group Ltd. Series F
2/24/22
12,068
 
 
 
 
 
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 (Amounts in thousands)
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 3.87%
35,306
290,943
310,022
224
-
-
16,227
0.0%
Fidelity Securities Lending Cash Central Fund 3.62%
735,437
588,537
871,617
320
-
-
452,357
1.9%
Total
770,743
879,480
1,181,639
544
-
-
468,584
 
 
 
 
 
 
 
 
 
 
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.
 
Other Affiliated Issuers
An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are presented in the table below. Certain corporate actions, such as mergers, are excluded from the amounts in this table if applicable. A dash in the Value end of period ($) column means either the issuer is no longer held at period end, or the issuer is held at period end but is no longer an affiliate.
Affiliate (Amounts in thousands)
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
Abercrombie & Fitch Co. Class A
45,361
62,750
243
-
85
48,992
156,945
American Eagle Outfitters, Inc.
166,179
1,903
13,502
1,109
(12,439)
51,542
193,683
The Real Good Food Co. LLC Class B
-
-
-
-
-
-
-
The Real Good Food Co. LLC Class B unit
5,301
-
-
-
-
(2,348)
2,953
Warby Parker, Inc.
83,231
-
134
-
40
(10,949)
72,188
Total
300,072
64,653
13,879
1,109
(12,314)
87,237
425,769
 
 
 
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. Corporate 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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