Common Stocks - 99.3%
|
|||
Shares
|
Value ($)
|
||
COMMUNICATION SERVICES - 2.9%
|
|||
Entertainment - 1.7%
|
|||
Endeavor Group Holdings, Inc.
|
279,927
|
6,928,193
|
|
Liberty Media Corp. Liberty Formula One Class A
|
39,921
|
2,438,774
|
|
TKO Group Holdings, Inc.
|
21,500
|
1,799,335
|
|
Warner Music Group Corp. Class A
|
119,364
|
4,355,592
|
|
15,521,894
|
|||
Interactive Media & Services - 0.4%
|
|||
Ziff Davis, Inc. (a)
|
49,184
|
3,315,002
|
|
Media - 0.8%
|
|||
Cable One, Inc.
|
5,773
|
3,168,973
|
|
Interpublic Group of Companies, Inc.
|
116,755
|
3,851,747
|
|
7,020,720
|
|||
TOTAL COMMUNICATION SERVICES
|
25,857,616
|
||
CONSUMER DISCRETIONARY - 13.4%
|
|||
Automobile Components - 1.1%
|
|||
American Axle & Manufacturing Holdings, Inc. (a)
|
437,796
|
3,541,770
|
|
Aptiv PLC (a)
|
71,638
|
5,826,319
|
|
Atmus Filtration Technologies, Inc. (b)
|
47,000
|
1,049,510
|
|
10,417,599
|
|||
Broadline Retail - 0.2%
|
|||
eBay, Inc.
|
54,100
|
2,221,887
|
|
Distributors - 0.4%
|
|||
LKQ Corp.
|
87,100
|
4,064,957
|
|
Diversified Consumer Services - 0.8%
|
|||
H&R Block, Inc.
|
148,170
|
6,940,283
|
|
Hotels, Restaurants & Leisure - 4.3%
|
|||
Aramark
|
222,702
|
6,476,174
|
|
Caesars Entertainment, Inc. (a)
|
74,173
|
3,253,970
|
|
Churchill Downs, Inc.
|
72,769
|
8,802,866
|
|
Domino's Pizza, Inc.
|
13,773
|
5,870,328
|
|
Flutter Entertainment PLC (a)
|
16,500
|
3,405,267
|
|
Vail Resorts, Inc.
|
19,472
|
4,322,784
|
|
Wyndham Hotels & Resorts, Inc.
|
83,942
|
6,541,600
|
|
38,672,989
|
|||
Household Durables - 1.3%
|
|||
D.R. Horton, Inc.
|
27,807
|
3,973,898
|
|
Mohawk Industries, Inc. (a)
|
20,394
|
2,126,075
|
|
NVR, Inc. (a)
|
785
|
5,554,103
|
|
11,654,076
|
|||
Leisure Products - 0.5%
|
|||
Brunswick Corp.
|
51,100
|
4,122,748
|
|
Specialty Retail - 1.5%
|
|||
Best Buy Co., Inc.
|
32,318
|
2,342,732
|
|
Burlington Stores, Inc. (a)
|
39,733
|
7,594,963
|
|
Chewy, Inc. (a)(b)
|
93,600
|
1,667,952
|
|
Foot Locker, Inc.
|
76,009
|
2,140,413
|
|
13,746,060
|
|||
Textiles, Apparel & Luxury Goods - 3.3%
|
|||
Brunello Cucinelli SpA
|
107,033
|
10,676,393
|
|
PVH Corp.
|
99,922
|
12,016,620
|
|
Tapestry, Inc.
|
183,421
|
7,114,901
|
|
29,807,914
|
|||
TOTAL CONSUMER DISCRETIONARY
|
121,648,513
|
||
CONSUMER STAPLES - 5.2%
|
|||
Beverages - 1.1%
|
|||
Boston Beer Co., Inc. Class A (a)
|
13,010
|
4,544,003
|
|
Keurig Dr. Pepper, Inc.
|
158,470
|
4,982,297
|
|
9,526,300
|
|||
Consumer Staples Distribution & Retail - 2.3%
|
|||
BJ's Wholesale Club Holdings, Inc. (a)
|
106,889
|
6,877,238
|
|
Performance Food Group Co. (a)
|
194,358
|
14,125,938
|
|
21,003,176
|
|||
Food Products - 1.1%
|
|||
Bowery Farming, Inc. warrants (a)(c)(d)
|
10,540
|
43,530
|
|
Bunge Global SA
|
32,724
|
2,882,657
|
|
Lamb Weston Holdings, Inc.
|
30,762
|
3,151,259
|
|
Nomad Foods Ltd.
|
239,552
|
4,309,540
|
|
10,386,986
|
|||
Household Products - 0.7%
|
|||
Energizer Holdings, Inc.
|
116,521
|
3,684,394
|
|
Reynolds Consumer Products, Inc.
|
84,967
|
2,308,553
|
|
5,992,947
|
|||
TOTAL CONSUMER STAPLES
|
46,909,409
|
||
ENERGY - 6.6%
|
|||
Energy Equipment & Services - 1.1%
|
|||
Expro Group Holdings NV (a)
|
239,981
|
4,223,666
|
|
NOV, Inc.
|
304,786
|
5,946,375
|
|
10,170,041
|
|||
Oil, Gas & Consumable Fuels - 5.5%
|
|||
Canadian Natural Resources Ltd.
|
135,381
|
8,663,901
|
|
Cheniere Energy, Inc.
|
75,789
|
12,428,638
|
|
Energy Transfer LP
|
423,539
|
6,056,608
|
|
Hess Corp.
|
16,727
|
2,350,645
|
|
Imperial Oil Ltd.
|
230,166
|
13,276,339
|
|
Range Resources Corp.
|
238,095
|
6,914,279
|
|
49,690,410
|
|||
TOTAL ENERGY
|
59,860,451
|
||
FINANCIALS - 16.9%
|
|||
Banks - 5.4%
|
|||
BOK Financial Corp.
|
55,311
|
4,637,274
|
|
First Horizon National Corp.
|
604,253
|
8,604,563
|
|
Huntington Bancshares, Inc.
|
479,603
|
6,105,346
|
|
M&T Bank Corp.
|
56,909
|
7,859,133
|
|
PNC Financial Services Group, Inc.
|
42,813
|
6,473,754
|
|
U.S. Bancorp
|
140,092
|
5,819,422
|
|
Wintrust Financial Corp.
|
101,744
|
9,867,133
|
|
49,366,625
|
|||
Capital Markets - 1.5%
|
|||
Cboe Global Markets, Inc.
|
23,796
|
4,374,895
|
|
Lazard, Inc. Class A
|
95,621
|
3,727,307
|
|
Raymond James Financial, Inc.
|
47,447
|
5,227,710
|
|
13,329,912
|
|||
Financial Services - 1.8%
|
|||
Flywire Corp. (a)
|
102,800
|
2,196,836
|
|
Radian Group, Inc.
|
298,281
|
8,644,183
|
|
Shift4 Payments, Inc. (a)
|
28,294
|
2,031,792
|
|
WEX, Inc. (a)
|
17,800
|
3,638,142
|
|
16,510,953
|
|||
Insurance - 8.2%
|
|||
American Financial Group, Inc.
|
99,281
|
11,953,432
|
|
Arch Capital Group Ltd. (a)
|
153,938
|
12,689,109
|
|
Assurant, Inc.
|
26,708
|
4,485,609
|
|
Beazley PLC
|
508,470
|
3,508,671
|
|
First American Financial Corp.
|
140,479
|
8,477,908
|
|
Globe Life, Inc.
|
45,300
|
5,563,746
|
|
Hartford Financial Services Group, Inc.
|
91,093
|
7,921,447
|
|
Hiscox Ltd.
|
338,687
|
4,459,575
|
|
RenaissanceRe Holdings Ltd.
|
40,270
|
9,214,984
|
|
The Travelers Companies, Inc.
|
27,818
|
5,879,612
|
|
74,154,093
|
|||
TOTAL FINANCIALS
|
153,361,583
|
||
HEALTH CARE - 8.0%
|
|||
Biotechnology - 0.9%
|
|||
Repligen Corp. (a)(b)
|
41,652
|
7,888,889
|
|
Health Care Equipment & Supplies - 2.1%
|
|||
Dentsply Sirona, Inc.
|
83,600
|
2,905,100
|
|
Hologic, Inc. (a)
|
104,618
|
7,787,764
|
|
Inspire Medical Systems, Inc. (a)
|
11,542
|
2,433,862
|
|
Masimo Corp. (a)
|
44,374
|
5,721,584
|
|
18,848,310
|
|||
Health Care Providers & Services - 2.9%
|
|||
Centene Corp. (a)
|
119,317
|
8,985,763
|
|
Henry Schein, Inc. (a)
|
53,405
|
3,996,830
|
|
Molina Healthcare, Inc. (a)
|
38,445
|
13,703,336
|
|
26,685,929
|
|||
Health Care Technology - 0.2%
|
|||
Evolent Health, Inc.
|
63,000
|
1,852,830
|
|
Life Sciences Tools & Services - 0.8%
|
|||
Charles River Laboratories International, Inc. (a)
|
21,222
|
4,589,894
|
|
Sartorius Stedim Biotech
|
9,800
|
2,660,424
|
|
7,250,318
|
|||
Pharmaceuticals - 1.1%
|
|||
Elanco Animal Health, Inc. (a)
|
90,600
|
1,335,444
|
|
Recordati SpA
|
73,703
|
4,086,088
|
|
UCB SA
|
47,000
|
4,434,220
|
|
9,855,752
|
|||
TOTAL HEALTH CARE
|
72,382,028
|
||
INDUSTRIALS - 22.5%
|
|||
Aerospace & Defense - 2.1%
|
|||
BWX Technologies, Inc.
|
81,697
|
6,656,672
|
|
Huntington Ingalls Industries, Inc.
|
21,230
|
5,496,872
|
|
Woodward, Inc.
|
52,780
|
7,271,501
|
|
19,425,045
|
|||
Air Freight & Logistics - 0.4%
|
|||
GXO Logistics, Inc. (a)
|
73,432
|
3,993,232
|
|
Building Products - 2.1%
|
|||
Hayward Holdings, Inc. (a)
|
173,722
|
2,174,999
|
|
Johnson Controls International PLC
|
100,249
|
5,282,120
|
|
Owens Corning
|
73,367
|
11,117,302
|
|
18,574,421
|
|||
Commercial Services & Supplies - 1.1%
|
|||
GFL Environmental, Inc.
|
298,296
|
10,135,119
|
|
Construction & Engineering - 2.1%
|
|||
AECOM
|
133,350
|
11,760,137
|
|
Willscot Mobile Mini Holdings (a)
|
149,214
|
7,057,822
|
|
18,817,959
|
|||
Electrical Equipment - 4.2%
|
|||
Acuity Brands, Inc.
|
43,708
|
10,409,497
|
|
Generac Holdings, Inc. (a)
|
46,094
|
5,239,505
|
|
Nextracker, Inc. Class A
|
49,154
|
2,225,202
|
|
Regal Rexnord Corp.
|
76,500
|
10,209,690
|
|
Vertiv Holdings Co.
|
171,108
|
9,638,514
|
|
37,722,408
|
|||
Ground Transportation - 1.1%
|
|||
Knight-Swift Transportation Holdings, Inc. Class A
|
165,621
|
9,503,333
|
|
Machinery - 4.5%
|
|||
Allison Transmission Holdings, Inc.
|
109,156
|
6,608,304
|
|
Chart Industries, Inc. (a)(b)
|
75,978
|
8,868,152
|
|
Crane Co.
|
56,012
|
6,951,649
|
|
Donaldson Co., Inc.
|
146,683
|
9,474,255
|
|
Energy Recovery, Inc. (a)
|
82,556
|
1,280,444
|
|
Fortive Corp.
|
102,030
|
7,976,705
|
|
41,159,509
|
|||
Marine Transportation - 0.5%
|
|||
Kirby Corp. (a)
|
56,493
|
4,443,739
|
|
Professional Services - 3.9%
|
|||
Leidos Holdings, Inc.
|
53,530
|
5,913,459
|
|
Science Applications International Corp.
|
55,853
|
7,130,194
|
|
SS&C Technologies Holdings, Inc.
|
73,678
|
4,495,832
|
|
TransUnion
|
112,170
|
7,761,042
|
|
WNS Holdings Ltd. sponsored ADR (a)
|
144,067
|
9,991,046
|
|
35,291,573
|
|||
Trading Companies & Distributors - 0.5%
|
|||
Beacon Roofing Supply, Inc. (a)
|
54,023
|
4,477,966
|
|
TOTAL INDUSTRIALS
|
203,544,304
|
||
INFORMATION TECHNOLOGY - 7.2%
|
|||
Communications Equipment - 1.1%
|
|||
Ciena Corp. (a)
|
119,200
|
6,317,600
|
|
Lumentum Holdings, Inc. (a)
|
72,898
|
4,005,016
|
|
10,322,616
|
|||
Electronic Equipment, Instruments & Components - 2.9%
|
|||
Coherent Corp. (a)
|
65,652
|
3,121,096
|
|
Crane Nxt Co.
|
109,982
|
6,409,751
|
|
Fabrinet (a)
|
35,930
|
7,671,414
|
|
Flex Ltd. (a)
|
258,087
|
6,126,985
|
|
Keysight Technologies, Inc. (a)
|
17,591
|
2,695,997
|
|
26,025,243
|
|||
IT Services - 1.5%
|
|||
Amdocs Ltd.
|
77,501
|
7,105,292
|
|
MongoDB, Inc. Class A (a)
|
15,458
|
6,191,238
|
|
13,296,530
|
|||
Semiconductors & Semiconductor Equipment - 0.6%
|
|||
Allegro MicroSystems LLC (a)
|
146,400
|
3,797,616
|
|
MKS Instruments, Inc.
|
16,500
|
1,756,425
|
|
5,554,041
|
|||
Software - 1.1%
|
|||
Dynatrace, Inc. (a)
|
179,937
|
10,256,409
|
|
TOTAL INFORMATION TECHNOLOGY
|
65,454,839
|
||
MATERIALS - 6.7%
|
|||
Chemicals - 2.6%
|
|||
Cabot Corp.
|
82,078
|
5,917,824
|
|
Celanese Corp. Class A
|
27,110
|
3,965,922
|
|
CF Industries Holdings, Inc.
|
61,367
|
4,633,822
|
|
Nutrien Ltd.
|
56,618
|
2,823,214
|
|
Westlake Corp.
|
44,586
|
6,168,473
|
|
23,509,255
|
|||
Containers & Packaging - 2.1%
|
|||
Avery Dennison Corp.
|
23,711
|
4,729,159
|
|
Crown Holdings, Inc.
|
56,800
|
5,026,800
|
|
Graphic Packaging Holding Co.
|
109,800
|
2,800,998
|
|
O-I Glass, Inc. (a)
|
441,939
|
6,434,632
|
|
18,991,589
|
|||
Metals & Mining - 2.0%
|
|||
Commercial Metals Co.
|
160,302
|
8,370,970
|
|
Franco-Nevada Corp.
|
37,387
|
4,045,010
|
|
Freeport-McMoRan, Inc.
|
143,046
|
5,677,496
|
|
18,093,476
|
|||
TOTAL MATERIALS
|
60,594,320
|
||
REAL ESTATE - 4.8%
|
|||
Equity Real Estate Investment Trusts (REITs) - 4.1%
|
|||
Essex Property Trust, Inc.
|
11,665
|
2,721,095
|
|
Gaming & Leisure Properties
|
149,977
|
6,846,450
|
|
Omega Healthcare Investors, Inc.
|
144,780
|
4,198,620
|
|
Realty Income Corp.
|
173,642
|
9,444,388
|
|
Ventas, Inc.
|
104,617
|
4,853,183
|
|
VICI Properties, Inc.
|
233,348
|
7,028,442
|
|
Welltower, Inc.
|
30,484
|
2,637,171
|
|
37,729,349
|
|||
Real Estate Management & Development - 0.7%
|
|||
Jones Lang LaSalle, Inc. (a)
|
35,160
|
6,225,430
|
|
TOTAL REAL ESTATE
|
43,954,779
|
||
UTILITIES - 5.1%
|
|||
Electric Utilities - 1.7%
|
|||
Alliant Energy Corp.
|
111,365
|
5,419,021
|
|
FirstEnergy Corp.
|
123,415
|
4,526,862
|
|
IDACORP, Inc.
|
59,731
|
5,529,896
|
|
15,475,779
|
|||
Gas Utilities - 0.7%
|
|||
Atmos Energy Corp.
|
51,978
|
5,922,373
|
|
Independent Power and Renewable Electricity Producers - 1.2%
|
|||
The AES Corp.
|
171,158
|
2,854,915
|
|
Vistra Corp.
|
190,735
|
7,825,857
|
|
10,680,772
|
|||
Multi-Utilities - 0.7%
|
|||
NiSource, Inc.
|
246,586
|
6,403,838
|
|
Water Utilities - 0.8%
|
|||
Essential Utilities, Inc.
|
203,400
|
7,293,924
|
|
TOTAL UTILITIES
|
45,776,686
|
||
TOTAL COMMON STOCKS
(Cost $766,927,626)
|
899,344,528
|
||
Convertible Preferred Stocks - 0.3%
|
|||
Shares
|
Value ($)
|
||
CONSUMER STAPLES - 0.0%
|
|||
Food Products - 0.0%
|
|||
Bowery Farming, Inc.:
|
|||
Series C1 (a)(c)(d)
|
19,457
|
154,878
|
|
Series D1 (c)(d)
|
10,540
|
56,178
|
|
211,056
|
|||
HEALTH CARE - 0.1%
|
|||
Biotechnology - 0.1%
|
|||
National Resilience, Inc. Series B (a)(c)(d)
|
15,539
|
747,426
|
|
INDUSTRIALS - 0.2%
|
|||
Construction & Engineering - 0.2%
|
|||
Beta Technologies, Inc. Series B, 6.00% (a)(c)(d)
|
11,901
|
1,264,481
|
|
TOTAL CONVERTIBLE PREFERRED STOCKS
(Cost $2,711,945)
|
2,222,963
|
||
Money Market Funds - 2.7%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 5.39% (e)
|
4,462,888
|
4,463,781
|
|
Fidelity Securities Lending Cash Central Fund 5.39% (e)(f)
|
20,047,634
|
20,049,639
|
|
TOTAL MONEY MARKET FUNDS
(Cost $24,513,420)
|
24,513,420
|
||
TOTAL INVESTMENT IN SECURITIES - 102.3%
(Cost $794,152,991)
|
926,080,911
|
NET OTHER ASSETS (LIABILITIES) - (2.3)%
|
(20,786,589)
|
NET ASSETS - 100.0%
|
905,294,322
|
(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 $2,266,493 or 0.3% of net assets.
|
(d)
|
Level 3 security
|
(e)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(f)
|
Investment made with cash collateral received from securities on loan.
|
Additional information on each restricted holding is as follows:
|
||
Security
|
Acquisition Date
|
Acquisition Cost ($)
|
Beta Technologies, Inc. Series B, 6.00%
|
4/04/22
|
1,227,826
|
Bowery Farming, Inc. Series C1
|
5/18/21
|
1,172,271
|
Bowery Farming, Inc. Series D1
|
10/25/23
|
99,585
|
Bowery Farming, Inc. warrants
|
10/25/23
|
0
|
National Resilience, Inc. Series B
|
12/01/20
|
212,263
|
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 5.39%
|
19,537,899
|
158,147,784
|
173,221,902
|
463,318
|
-
|
-
|
4,463,781
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 5.39%
|
23,296,425
|
124,538,688
|
127,785,474
|
33,559
|
-
|
-
|
20,049,639
|
0.1%
|
Total
|
42,834,324
|
282,686,472
|
301,007,376
|
496,877
|
-
|
-
|
24,513,420
|
|