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3564.00000000 NS USD 851261.40000000 2.317205867162 Long EC CORP US N 1 N N N AXALTA COATING SYSTEMS LTD 529900AGLPA40GV6H619 AXALTA COATING SYSTEMS LTD N/A 413.00000000 NS USD 13216.00000000 0.035975075036 Long EC CORP BM N 1 N N N UNITED PARCEL SERVICE INC D01LMJZU09ULLNCY6Z23 UNITED PARCEL SERVICE INC CL B 911312106 2395.00000000 NS USD 448176.35000000 1.219974108709 Long EC CORP US N 1 N N N GENPACT LTD 529900OSEC6Q0L4L5B35 GENPACT LTD N/A 1168.00000000 NS USD 42153.12000000 0.114744374622 Long EC CORP BM N 1 N N N GSK PLC 5493000HZTVUYLO1D793 GSK PLC SPONS ADR 37733W204 6175.00000000 NS USD 219644.75000000 0.597891673922 Long EC CORP GB N 1 N N N BECTON DICKINSON and CO ICE2EP6D98PQUILVRZ91 BECTON DICKINSON and CO 075887109 330.00000000 NS USD 91944.60000000 0.250281014238 Long EC CORP US N 1 N N N ALNYLAM PHARMACEUTICALS INC 529900S3ZI14OWRJII50 ALNYLAM PHARMACEUTICALS INC 02043Q107 349.00000000 NS USD 68194.60000000 0.185631496070 Long EC CORP US N 1 N N N TWILIO INC 5493004W8TRGD63APX93 TWILIO INC CLASS A 90138F102 874.00000000 NS USD 57710.22000000 0.157092122794 Long EC CORP US N 1 N N N IBM CORPORATION VGRQXHF3J8VDLUA7XE92 INTL BUS MACH CORP 459200101 349.00000000 NS USD 50318.82000000 0.136972103906 Long EC CORP US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 617446448 1755.00000000 NS USD 160687.80000000 0.437405846126 Long EC CORP US N 1 N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 GLOBAL PAYMENTS INC 37940X102 265.00000000 NS USD 29216.25000000 0.079529115165 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 FEDEX CORP 31428X106 677.00000000 NS USD 182756.15000000 0.497477770095 Long EC CORP US N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINL CORP 89832Q109 5253.00000000 NS USD 174504.66000000 0.475016513140 Long EC CORP US N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 CVS HEALTH CORP 126650100 2848.00000000 NS USD 212717.12000000 0.579034076383 Long EC CORP US N 1 N N N PTC INC 54930050SSMU8SKDJ030 PTC INC 69370C100 290.00000000 NS USD 42284.90000000 0.115103090980 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 82241.77700000 NS USD 82250.00000000 0.223891489234 Long STIV RF US N 1 N N SAP SE 529900D6BF99LW9R2E68 SAP SE SPON ADR 803054204 2079.00000000 NS USD 283471.65000000 0.771633919444 Long EC CORP DE N 1 N N N APPLIED MATERIALS INC 41BNNE1AFPNAZELZ6K07 APPLIED MATERIALS INC 038222105 684.00000000 NS USD 103687.56000000 0.282246349222 Long EC CORP US N 1 N N N NVIDIA CORP 549300S4KLFTLO7GSQ80 NVIDIA CORP 67066G104 510.00000000 NS USD 238317.90000000 0.648721574982 Long EC CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 46625H100 2397.00000000 NS USD 378630.12000000 1.030663360923 Long EC CORP US N 1 N N N CENTENE CORP DEL 549300Z7JJ4TQSQGT333 CENTENE CORP 15135B101 266.00000000 NS USD 18111.94000000 0.049302239751 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC CL A 57636Q104 318.00000000 NS USD 125381.04000000 0.341297845196 Long EC CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO 949746101 43774.00000000 NS USD 2020607.84000000 5.500266242640 Long EC CORP US N 1 N N N UNIVERSAL MUSIC GROUP NV 724500GJBUL3D9TW9Y18 UNIVERSAL MUSIC GROUP NV N/A 6450.00000000 NS 165441.86000000 0.450346801424 Long EC CORP NL N 2 N N N DUPONT DE NEMOURS INC 5493004JF0SDFLM8GD76 DUPONT DE NEMOURS INC 26614N102 2420.00000000 NS USD 187864.60000000 0.511383405088 Long EC CORP US N 1 N N N SYSCO CORP 5RGWIFLMGH3YS7KWI652 SYSCO CORP 871829107 2577.00000000 NS USD 196650.87000000 0.535300378645 Long EC CORP US N 1 N N N CARDINAL HEALTH INC CCU46N3GJMF4OK4N7U60 CARDINAL HEALTH INC 14149Y108 2384.00000000 NS USD 218064.48000000 0.593590044698 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 060505104 29329.00000000 NS USD 938528.00000000 2.554752967885 Long EC CORP US N 1 N N N WORKDAY INC 549300J0DYC0N31V7G13 WORKDAY INC CL A 98138H101 98.00000000 NS USD 23238.74000000 0.063257825003 Long EC CORP US N 1 N N N INSMED INC 529900Q55QAG41CCAC11 INSMED INC 457669307 1428.00000000 NS USD 31544.52000000 0.085866863951 Long EC CORP US N 1 N N N HUMANA INC 529900YLDW34GJAO4J06 HUMANA INC 444859102 115.00000000 NS USD 52535.45000000 0.143005959126 Long EC CORP US N 1 N N N FLOWSERVE CORP 6Y0GK87T6V7NJKZJVM41 FLOWSERVE CORP 34354P105 1605.00000000 NS USD 60604.80000000 0.164971415523 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 UNITEDHEALTH GROUP INC 91324P102 1335.00000000 NS USD 676003.95000000 1.840140195673 Long EC CORP US N 1 N N N SIMON PROPERTY GROUP INC 529900GQL5X8H7AO3T64 SIMON PPTY GROUP INC - REIT 828806109 1314.00000000 NS USD 163724.40000000 0.445671729362 Long EC CORP US N 1 N N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 KOSMOS ENERGY LTD 500688106 49436.00000000 NS USD 350995.60000000 0.955439849226 Long EC CORP US N 1 N N N ALTRIA GROUP INC XSGZFLO9YTNO9VCQV219 ALTRIA GROUP INC 02209S103 5973.00000000 NS USD 271293.66000000 0.738484395834 Long EC CORP US N 1 N N N KENVUE INC 5493008HSF8L4M2LIJ82 KENVUE INC 49177J102 3100.00000000 NS USD 73408.00000000 0.199822813881 Long EC CORP US N 1 N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 03027X100 430.00000000 NS USD 81833.30000000 0.222757196425 Long EC CORP US N 1 N N N MOHAWK INDUSTRIES INC 549300JI1115MG3Q6322 MOHAWK INDUSTRIES INC 608190104 671.00000000 NS USD 71354.14000000 0.194232032433 Long EC CORP US N 1 N N N US FOODS HOLDING CORP 549300UGOZSO64CFPR97 US FOODS HOLDING CORP 912008109 1439.00000000 NS USD 61488.47000000 0.167376840353 Long EC CORP US N 1 N N N JOHNSON and JOHNSON 549300G0CFPGEF6X2043 JOHNSON and JOHNSON 478160104 2033.00000000 NS USD 340588.49000000 0.927110811456 Long EC CORP US N 1 N N N BORGWARNER INC 549300DSFX2IE88NSX47 BORGWARNER INC 099724106 1729.00000000 NS USD 80398.50000000 0.218851548902 Long EC CORP US N 1 N N N JOHNSON CONTROLS INTERNATIONAL PLC 549300XQ6S1GYKGBL205 JOHNSON CONTROLS INTERNATIONAL PLC N/A 689.00000000 NS USD 47919.95000000 0.130442175921 Long EC CORP IE N 1 N N N MATCH GROUP INC 15OMOPB0A8K0EFUVD031 MATCH GROUP INC 57667L107 2375.00000000 NS USD 110461.25000000 0.300684908999 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC CL A 02079K305 4718.00000000 NS USD 626172.96000000 1.704496006479 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 693475105 2220.00000000 NS USD 303895.80000000 0.827230191297 Long EC CORP US N 1 N N N WALT DISNEY CO 549300GZKULIZ0WOW665 DISNEY (WALT) CO 254687106 1844.00000000 NS USD 163913.16000000 0.446185550122 Long EC CORP US N 1 N N N 2023-08-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_2954_20230731.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Large Cap Stock K6 Fund
July 31, 2023
LCSK6-NPRT1-0923
1.9883968.106
Common Stocks - 95.6%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 9.3%
 
 
 
Diversified Telecommunication Services - 0.3%
 
 
 
Cellnex Telecom SA (a)
 
1,301
53,127
Verizon Communications, Inc.
 
1,605
54,698
 
 
 
107,825
Entertainment - 1.0%
 
 
 
Activision Blizzard, Inc.
 
505
46,844
The Walt Disney Co. (b)
 
1,844
163,913
Universal Music Group NV
 
6,450
165,442
 
 
 
376,199
Interactive Media & Services - 5.6%
 
 
 
Alphabet, Inc.:
 
 
 
 Class A (b)
 
4,718
626,173
 Class C (b)
 
4,274
568,912
Match Group, Inc. (b)
 
2,375
110,461
Meta Platforms, Inc. Class A (b)
 
2,050
653,130
Snap, Inc. Class A (b)
 
8,010
90,994
 
 
 
2,049,670
Media - 2.4%
 
 
 
Charter Communications, Inc. Class A (b)
 
61
24,717
Comcast Corp. Class A
 
16,026
725,337
Interpublic Group of Companies, Inc.
 
4,319
147,839
 
 
 
897,893
TOTAL COMMUNICATION SERVICES
 
 
3,431,587
CONSUMER DISCRETIONARY - 3.8%
 
 
 
Automobile Components - 0.2%
 
 
 
BorgWarner, Inc.
 
1,729
80,399
Phinia, Inc.
 
345
9,788
 
 
 
90,187
Automobiles - 0.1%
 
 
 
General Motors Co.
 
683
26,207
Broadline Retail - 0.2%
 
 
 
Amazon.com, Inc. (b)
 
542
72,455
Hotels, Restaurants & Leisure - 1.7%
 
 
 
Amadeus IT Holding SA Class A
 
877
62,889
Booking Holdings, Inc. (b)
 
124
368,379
Expedia, Inc. (b)
 
526
64,451
Marriott International, Inc. Class A
 
563
113,619
Starbucks Corp.
 
407
41,339
 
 
 
650,677
Household Durables - 0.4%
 
 
 
Mohawk Industries, Inc. (b)
 
671
71,354
Sony Group Corp. sponsored ADR
 
454
42,494
Whirlpool Corp.
 
169
24,380
 
 
 
138,228
Specialty Retail - 1.1%
 
 
 
Lowe's Companies, Inc.
 
1,482
347,188
RH (b)
 
120
46,580
 
 
 
393,768
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
NIKE, Inc. Class B
 
262
28,922
TOTAL CONSUMER DISCRETIONARY
 
 
1,400,444
CONSUMER STAPLES - 4.7%
 
 
 
Beverages - 1.7%
 
 
 
Diageo PLC sponsored ADR
 
858
150,957
Keurig Dr. Pepper, Inc.
 
4,707
160,085
The Coca-Cola Co.
 
4,674
289,461
 
 
 
600,503
Consumer Staples Distribution & Retail - 1.4%
 
 
 
Costco Wholesale Corp.
 
38
21,305
Performance Food Group Co. (b)
 
1,198
71,592
Sysco Corp.
 
2,577
196,651
Target Corp.
 
599
81,746
U.S. Foods Holding Corp. (b)
 
1,439
61,488
Walmart, Inc.
 
583
93,198
 
 
 
525,980
Household Products - 0.0%
 
 
 
Colgate-Palmolive Co.
 
43
3,279
Procter & Gamble Co.
 
51
7,971
 
 
 
11,250
Personal Care Products - 0.8%
 
 
 
Estee Lauder Companies, Inc. Class A
 
235
42,300
Haleon PLC ADR
 
18,188
160,236
Kenvue, Inc. (c)
 
3,100
73,408
 
 
 
275,944
Tobacco - 0.8%
 
 
 
Altria Group, Inc.
 
5,973
271,294
Philip Morris International, Inc.
 
300
29,916
 
 
 
301,210
TOTAL CONSUMER STAPLES
 
 
1,714,887
ENERGY - 11.2%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Baker Hughes Co. Class A
 
185
6,621
Oil, Gas & Consumable Fuels - 11.2%
 
 
 
Cenovus Energy, Inc. (Canada)
 
9,640
183,348
Exxon Mobil Corp.
 
22,694
2,433,705
Hess Corp.
 
4,939
749,394
Imperial Oil Ltd.
 
5,004
269,582
Kosmos Energy Ltd. (b)
 
49,436
350,996
MEG Energy Corp. (b)
 
5,700
101,624
 
 
 
4,088,649
TOTAL ENERGY
 
 
4,095,270
FINANCIALS - 17.0%
 
 
 
Banks - 11.3%
 
 
 
Bank of America Corp.
 
29,329
938,528
JPMorgan Chase & Co.
 
2,397
378,630
M&T Bank Corp.
 
627
87,692
PNC Financial Services Group, Inc.
 
2,220
303,896
Truist Financial Corp.
 
5,253
174,505
U.S. Bancorp
 
6,417
254,627
Wells Fargo & Co.
 
43,774
2,020,608
 
 
 
4,158,486
Capital Markets - 2.1%
 
 
 
Charles Schwab Corp.
 
102
6,742
CME Group, Inc.
 
51
10,147
KKR & Co. LP
 
3,143
186,631
Morgan Stanley
 
1,755
160,688
Northern Trust Corp.
 
3,397
272,168
Raymond James Financial, Inc.
 
805
88,606
State Street Corp.
 
341
24,702
 
 
 
749,684
Financial Services - 3.3%
 
 
 
Edenred SA
 
1,904
123,681
Fidelity National Information Services, Inc.
 
1,399
84,472
Global Payments, Inc.
 
265
29,216
MasterCard, Inc. Class A
 
318
125,381
PayPal Holdings, Inc. (b)
 
852
64,599
Radian Group, Inc.
 
6,857
184,659
Visa, Inc. Class A
 
2,541
604,072
 
 
 
1,216,080
Insurance - 0.3%
 
 
 
Chubb Ltd.
 
555
113,448
MetLife, Inc.
 
100
6,297
 
 
 
119,745
TOTAL FINANCIALS
 
 
6,243,995
HEALTH CARE - 12.7%
 
 
 
Biotechnology - 0.6%
 
 
 
Alnylam Pharmaceuticals, Inc. (b)
 
349
68,195
Argenx SE ADR (b)
 
90
45,403
Insmed, Inc. (b)
 
1,428
31,545
Vaxcyte, Inc. (b)
 
1,371
65,890
Verve Therapeutics, Inc. (b)(c)
 
414
8,483
 
 
 
219,516
Health Care Equipment & Supplies - 2.7%
 
 
 
Abbott Laboratories
 
165
18,369
Becton, Dickinson & Co.
 
330
91,945
Boston Scientific Corp. (b)
 
8,631
447,517
GE Healthcare Holding LLC
 
5,243
408,954
iRhythm Technologies, Inc. (b)
 
1
105
Koninklijke Philips Electronics NV (depository receipt) (NY Reg.)
 
1,540
31,893
 
 
 
998,783
Health Care Providers & Services - 5.4%
 
 
 
Cardinal Health, Inc.
 
2,384
218,064
Centene Corp. (b)
 
266
18,112
Cigna Group
 
1,440
424,944
CVS Health Corp.
 
2,848
212,717
Guardant Health, Inc. (b)
 
1,042
40,659
Humana, Inc.
 
115
52,535
McKesson Corp.
 
904
363,770
UnitedHealth Group, Inc.
 
1,335
676,004
 
 
 
2,006,805
Life Sciences Tools & Services - 0.3%
 
 
 
Danaher Corp.
 
419
106,870
Pharmaceuticals - 3.7%
 
 
 
Bristol-Myers Squibb Co.
 
8,350
519,287
Eli Lilly & Co.
 
525
238,639
GSK PLC sponsored ADR
 
6,175
219,645
Johnson & Johnson
 
2,033
340,588
Sanofi SA sponsored ADR
 
510
27,219
Viatris, Inc.
 
480
5,054
 
 
 
1,350,432
TOTAL HEALTH CARE
 
 
4,682,406
INDUSTRIALS - 15.3%
 
 
 
Aerospace & Defense - 3.7%
 
 
 
Airbus Group NV
 
1,372
202,096
General Dynamics Corp.
 
411
91,891
Huntington Ingalls Industries, Inc.
 
263
60,403
MTU Aero Engines AG
 
124
28,945
Raytheon Technologies Corp.
 
513
45,108
Safran SA
 
264
43,827
Textron, Inc.
 
306
23,798
The Boeing Co. (b)
 
3,564
851,261
 
 
 
1,347,329
Air Freight & Logistics - 1.7%
 
 
 
FedEx Corp.
 
677
182,756
United Parcel Service, Inc. Class B
 
2,395
448,176
 
 
 
630,932
Building Products - 0.1%
 
 
 
Johnson Controls International PLC
 
689
47,920
Commercial Services & Supplies - 0.1%
 
 
 
ACV Auctions, Inc. Class A (b)
 
2,722
47,608
Electrical Equipment - 1.4%
 
 
 
Acuity Brands, Inc.
 
584
96,500
Hubbell, Inc. Class B
 
360
112,320
Regal Rexnord Corp.
 
530
82,775
Vertiv Holdings Co.
 
7,685
199,887
 
 
 
491,482
Ground Transportation - 0.4%
 
 
 
Knight-Swift Transportation Holdings, Inc. Class A
 
2,639
160,319
Industrial Conglomerates - 6.3%
 
 
 
3M Co.
 
274
30,551
General Electric Co.
 
19,931
2,276,917
 
 
 
2,307,468
Machinery - 1.2%
 
 
 
Chart Industries, Inc. (b)
 
340
61,934
Cummins, Inc.
 
216
56,333
Flowserve Corp.
 
1,605
60,605
Fortive Corp.
 
1,026
80,387
Nordson Corp.
 
30
7,548
Otis Worldwide Corp.
 
594
54,030
Stanley Black & Decker, Inc.
 
444
44,076
Westinghouse Air Brake Tech Co.
 
601
71,182
 
 
 
436,095
Passenger Airlines - 0.1%
 
 
 
Copa Holdings SA Class A
 
98
11,566
Ryanair Holdings PLC sponsored ADR (b)
 
295
30,246
 
 
 
41,812
Professional Services - 0.3%
 
 
 
Equifax, Inc.
 
129
26,326
Genpact Ltd.
 
1,168
42,153
Paycom Software, Inc.
 
95
35,032
 
 
 
103,511
Trading Companies & Distributors - 0.0%
 
 
 
Beijer Ref AB (B Shares)
 
965
13,128
TOTAL INDUSTRIALS
 
 
5,627,604
INFORMATION TECHNOLOGY - 16.7%
 
 
 
IT Services - 0.4%
 
 
 
EPAM Systems, Inc. (b)
 
125
29,601
IBM Corp.
 
349
50,319
Snowflake, Inc. (b)
 
71
12,617
Twilio, Inc. Class A (b)
 
874
57,710
 
 
 
150,247
Semiconductors & Semiconductor Equipment - 3.4%
 
 
 
Analog Devices, Inc.
 
367
73,228
Applied Materials, Inc.
 
684
103,688
Broadcom, Inc.
 
40
35,946
Lam Research Corp.
 
133
95,559
Marvell Technology, Inc.
 
4,382
285,400
NVIDIA Corp.
 
510
238,318
Qualcomm, Inc.
 
2,332
308,220
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR
 
1,216
120,566
 
 
 
1,260,925
Software - 9.4%
 
 
 
Adobe, Inc. (b)
 
648
353,918
Autodesk, Inc. (b)
 
384
81,404
DoubleVerify Holdings, Inc. (b)
 
496
20,882
Elastic NV (b)
 
1,024
68,045
Intuit, Inc.
 
201
102,852
Microsoft Corp.
 
7,297
2,451,209
PTC, Inc. (b)
 
290
42,285
Salesforce, Inc. (b)
 
144
32,401
SAP SE sponsored ADR
 
2,079
283,472
Workday, Inc. Class A (b)
 
98
23,239
 
 
 
3,459,707
Technology Hardware, Storage & Peripherals - 3.5%
 
 
 
Apple, Inc.
 
6,268
1,231,349
Samsung Electronics Co. Ltd.
 
687
37,530
 
 
 
1,268,879
TOTAL INFORMATION TECHNOLOGY
 
 
6,139,758
MATERIALS - 3.3%
 
 
 
Chemicals - 0.8%
 
 
 
Axalta Coating Systems Ltd. (b)
 
413
13,216
DuPont de Nemours, Inc.
 
2,420
187,865
LyondellBasell Industries NV Class A
 
598
59,118
Sherwin-Williams Co.
 
56
15,484
 
 
 
275,683
Metals & Mining - 2.5%
 
 
 
First Quantum Minerals Ltd.
 
13,762
408,169
Freeport-McMoRan, Inc.
 
10,437
466,012
Glencore PLC
 
9,943
60,468
 
 
 
934,649
TOTAL MATERIALS
 
 
1,210,332
REAL ESTATE - 0.8%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 0.8%
 
 
 
American Tower Corp.
 
430
81,833
Crown Castle International Corp.
 
386
41,800
Equinix, Inc.
 
13
10,529
Simon Property Group, Inc.
 
1,314
163,724
 
 
 
297,886
UTILITIES - 0.8%
 
 
 
Electric Utilities - 0.7%
 
 
 
Entergy Corp.
 
279
28,653
PG&E Corp. (b)
 
3,129
55,102
Southern Co.
 
2,547
184,250
 
 
 
268,005
Multi-Utilities - 0.1%
 
 
 
Sempra Energy
 
81
12,071
TOTAL UTILITIES
 
 
280,076
 
TOTAL COMMON STOCKS
 (Cost $22,181,946)
 
 
 
35,124,245
 
 
 
 
Preferred Stocks - 0.2%
 
 
Shares
Value ($)
 
Convertible Preferred Stocks - 0.0%
 
 
 
COMMUNICATION SERVICES - 0.0%
 
 
 
Interactive Media & Services - 0.0%
 
 
 
Reddit, Inc. Series E (b)(d)(e)
 
200
7,094
 
 
 
 
Nonconvertible Preferred Stocks - 0.2%
 
 
 
INDUSTRIALS - 0.2%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Embraer SA sponsored ADR (b)
 
3,670
57,399
 
 
 
 
 
TOTAL PREFERRED STOCKS
 (Cost $52,030)
 
 
 
64,493
 
 
 
 
Money Market Funds - 4.3%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.32% (f)
 
1,522,191
1,522,495
Fidelity Securities Lending Cash Central Fund 5.32% (f)(g)
 
83,192
83,200
 
TOTAL MONEY MARKET FUNDS
 (Cost $1,605,695)
 
 
1,605,695
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.1%
 (Cost $23,839,671)
 
 
 
36,794,433
NET OTHER ASSETS (LIABILITIES) - (0.1)%  
(52,775)
NET ASSETS - 100.0%
36,741,658
 
 
Legend
 
(a)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $53,127 or 0.1% of net assets.
 
(b)
Non-income producing
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues).  At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $7,094 or 0.0% of net assets.
 
(e)
Level 3 security
 
(f)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
(g)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Reddit, Inc. Series E
5/18/21
8,495
 
 
 
 
 
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 5.32%
2,238,481
945,997
1,661,983
25,172
-
-
1,522,495
0.0%
Fidelity Securities Lending Cash Central Fund 5.32%
276,625
115,625
309,050
154
-
-
83,200
0.0%
Total
2,515,106
1,061,622
1,971,033
25,326
-
-
1,605,695
 
 
 
 
 
 
 
 
 
 
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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