0001752724-24-072050.txt : 20240327 0001752724-24-072050.hdr.sgml : 20240327 20240327162727 ACCESSION NUMBER: 0001752724-24-072050 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240327 DATE AS OF CHANGE: 20240327 PERIOD START: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CONCORD STREET TRUST CENTRAL INDEX KEY: 0000819118 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05251 FILM NUMBER: 24791154 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 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY INSTITUTIONAL TRUST DATE OF NAME CHANGE: 19920703 0000819118 S000077859 Fidelity Series Small Cap Core Fund C000238446 Fidelity Series Small Cap Core Fund FSSLX 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N ARMADA HOFFLER PROPERTIES INC 549300WQRSIV6XZT9313 ARMADA HOFFLER PROPERTIES INC 04208T108 9919.00000000 NS USD 118631.24000000 0.383579794042 Long EC CORP US N 1 N N N IRHYTHM TECHNOLOGIES INC 549300FJI72RJGDQS384 IRHYTHM TECHNOLOGIES INC 450056106 1447.00000000 NS USD 173321.66000000 0.560414665192 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 477303.95500000 NS USD 477399.42000000 1.543613395591 Long STIV RF US N 1 N N N HANMI FINANCIAL CORP 549300MSZ7RCG7EA6587 HANMI FINANCIAL CORPORATION 410495204 5672.00000000 NS USD 95006.00000000 0.307190432408 Long EC CORP US N 1 N N N MICROSTRATEGY INC 549300WQTWEJUEHXQX21 MICROSTRATEGY INC CL A 594972408 184.00000000 NS USD 92222.64000000 0.298190773840 Long EC CORP US N 1 N N N CACTUS INC 549300J3T8C9F8QFKV08 CACTUS INC CL A 127203107 5867.00000000 NS USD 248995.48000000 0.805096827243 Long EC CORP US N 1 N N N ELEMENT SOLUTIONS INC 549300FLGN6P5CU20J91 ELEMENT SOLUTIONS INC 28618M106 5035.00000000 NS USD 111928.05000000 0.361905838349 Long EC CORP US N 1 N N N CIRRUS LOGIC INC. 549300NKSJEM5ZZSSV18 CIRRUS LOGIC INC 172755100 1523.00000000 NS USD 117575.60000000 0.380166509533 Long EC CORP US N 1 N N N ACV AUCTIONS INC N/A ACV AUCTIONS INC CL A 00091G104 7201.00000000 NS USD 93396.97000000 0.301987828137 Long EC CORP US N 1 N N N ACADEMY SPORTS and OUTDOORS INC N/A ACADEMY SPORTS and OUTDOORS INC 00402L107 3210.00000000 NS USD 201363.30000000 0.651083923102 Long EC CORP US N 1 N N N FTAI AVIATION LTD N/A FTAI AVIATION LTD N/A 3653.00000000 NS USD 197079.35000000 0.637232287912 Long EC CORP KY N 1 N N N TOPBUILD CORP 5493007YSKHOL4RWII46 TOPBUILD CORP 89055F103 323.00000000 NS USD 119228.99000000 0.385512546510 Long EC CORP US N 1 N N N GLAUKOS CORP 5299004JA1LHE21M6T14 GLAUKOS CORP 377322102 1991.00000000 NS USD 177258.73000000 0.573144705776 Long EC CORP US N 1 N N N BRP GROUP INC N/A BRP GROUP INC 05589G102 7250.00000000 NS USD 162690.00000000 0.526038475976 Long EC CORP US N 1 N N N CONCENTRIX CORP 5493000EAJN1KMPVA737 CONCENTRIX CORP 20602D101 1092.00000000 NS USD 97046.04000000 0.313786655486 Long EC CORP US N 1 N N N PINNACLE FINL PARTNERS INC 54930098EZ8JMSAZGS24 PINNACLE FINL PARTNERS INC 72346Q104 1472.00000000 NS USD 130095.36000000 0.420647642178 Long EC CORP US N 1 N N N NATERA INC N/A NATERA INC 632307104 3656.00000000 NS USD 241076.64000000 0.779492214021 Long EC CORP US N 1 N N N LITHIA MOTORS INC SE8N1EZEHPZQBCBVKD53 LITHIA MOTORS INC CL A 536797103 321.00000000 NS USD 94646.85000000 0.306029164238 Long EC CORP US N 1 N N N NEXTRACKER INC N/A NEXTRACKER INC CL A 65290E101 3686.00000000 NS USD 166865.22000000 0.539538545837 Long EC CORP US N 1 N N N MADRIGAL PHARMACEUTICALS INC 549300CHIMT2EUSNJB60 MADRIGAL PHARMACEUTICALS INC 558868105 494.00000000 NS USD 107054.74000000 0.346148578742 Long EC CORP US N 1 N N SMART GLOBAL HOLDINGS INC 529900RDGHQY8XKXPN14 SMART GLOBAL HOLDINGS INC N/A 6987.00000000 NS USD 137294.55000000 0.443925353997 Long EC CORP KY N 1 N N N PTC THERAPEUTICS INC 549300UJLWOIWFDGB318 PTC THERAPEUTICS INC 69366J200 1938.00000000 NS USD 50562.42000000 0.163487481458 Long EC CORP US N 1 N N N FLYWIRE CORP 54930055DSV7NNY4VY66 FLYWIRE CORP 302492103 6084.00000000 NS USD 130015.08000000 0.420388066489 Long EC CORP US N 1 N N N ACADIA HEALTHCARE CO INC 5493005CW985Y9D0NC11 ACADIA HEALTHCARE CO INC 00404A109 2292.00000000 NS USD 188264.88000000 0.608731763200 Long EC CORP US N 1 N N N ARCELLX INC N/A ARCELLX INC 03940C100 2050.00000000 NS USD 126772.00000000 0.409901958795 Long EC CORP US N 1 N N N DAY ONE BIOPHARMACEUTICALS INC N/A DAY ONE BIOPHARMACEUTICALS INC 23954D109 9647.00000000 NS USD 145187.35000000 0.469445770023 Long EC CORP US N 1 N N N UNIVEST FINANCIAL CORP 4WII2HCR8UEWNU03U507 UNIVEST FINANCIAL CORP 915271100 10437.00000000 NS USD 221681.88000000 0.716781598787 Long EC CORP US N 1 N N N CRANE CO 5493000CQRQOTHUODL75 CRANE CO 224408104 1513.00000000 NS USD 187778.43000000 0.607158885846 Long EC CORP US N 1 N N N ASSOCIATED BANC CORP 549300N3CIN473IW5094 ASSOCIATED BANC CORP 045487105 6694.00000000 NS USD 140640.94000000 0.454745502105 Long EC CORP US N 1 N N N SIMPLY GOOD FOODS CO N/A SIMPLY GOOD FOODS CO 82900L102 3644.00000000 NS USD 137743.20000000 0.445376009614 Long EC CORP US N 1 N N N BLACKLINE INC 529900P9N7PK9LV5EK56 BLACKLINE INC 09239B109 2907.00000000 NS USD 170582.76000000 0.551558762666 Long EC CORP US N 1 N N N NERDWALLET INC 254900FJ2Y4SH71DJ379 NERDWALLET INC A 64082B102 2891.00000000 NS USD 44261.21000000 0.143113279570 Long EC CORP US N 1 N N N ATKORE INC 52990002TI38AM4RPV48 ATKORE INC 047649108 1357.00000000 NS USD 206983.21000000 0.669255223683 Long EC CORP US N 1 N N N ICF INTERNATIONAL INC 5493003KYFDDC5B3WY64 ICF INTERNATIONAL INC 44925C103 1506.00000000 NS USD 209394.24000000 0.677050998142 Long EC CORP US N 1 N N N INTERNATIONAL BANCSHARES CORP 549300Y16R531AU8TX77 INTERNATIONAL BANCSHARES CORP 459044103 1252.00000000 NS USD 66180.72000000 0.213987369154 Long EC CORP US N 1 N N N NEW JERSEY RESOURCES CORP 549300QKBSQBIX4DQ583 NEW JERSEY RESOURCES CORP 646025106 2945.00000000 NS USD 120244.35000000 0.388795590502 Long EC CORP US N 1 N N N GOGO INC 549300VL3DIHSFHYTO04 GOGO INC 38046C109 8075.00000000 NS USD 71463.75000000 0.231069408922 Long EC CORP US N 1 N N N EAGLE MATLS INC 529900KRXRGXL61SG039 EAGLE MATERIALS INC 26969P108 710.00000000 NS USD 160658.80000000 0.519470835971 Long EC CORP US N 1 N N N BYLINE BANCORP INC 549300W7ODP4YL2H4823 BYLINE BANCORP INC 124411109 4707.00000000 NS USD 102800.88000000 0.332394235934 Long EC CORP US N 1 N N N BRIDGEWATER BANCSHARES INC 5493001FLSBTVILKXZ71 BRIDGEWATER BANCSHARES INC 108621103 256.00000000 NS USD 3202.56000000 0.010355091164 Long EC CORP US N 1 N N N PIPER SANDLER COS QUQDBTUSOAKFEVMRMF78 PIPER SANDLER COS 724078100 892.00000000 NS USD 154753.08000000 0.500375403256 Long EC CORP US N 1 N N N PLYMOUTH INDUSTRIAL REIT INC N/A PLYMOUTH INDL REIT INC 729640102 7438.00000000 NS USD 164677.32000000 0.532464235298 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 939406.05500000 NS USD 939500.00000000 3.037759838833 Long STIV RF US N 1 N N SITIME CORP N/A SITIME CORP 82982T106 1442.00000000 NS USD 153673.94000000 0.496886134334 Long EC CORP US N 1 N N N VICTORIA'S SECRET and CO 5493006T3O70U3UWVF17 VICTORIA'S SECRET and CO 926400102 2795.00000000 NS USD 72809.75000000 0.235421537440 Long EC CORP US N 1 N N N XENON PHARMACEUTICALS INC 549300XV44Q9Z1MIPQ03 XENON PHARMACEUTICALS INC 98420N105 2733.00000000 NS USD 123586.26000000 0.399601253070 Long EC CORP CA N 1 N N N WEBSTER FINANCIAL CORP KMRURHT0VWKYS6Z5KU67 WEBSTER FINANCIAL 947890109 4433.00000000 NS USD 219344.84000000 0.709225062062 Long EC CORP US N 1 N N N BRUNSWICK CORP YM4O38W15AX4YLLQKU27 BRUNSWICK CORP 117043109 1831.00000000 NS USD 147725.08000000 0.477651213637 Long EC CORP US N 1 N N N GENTHERM INC HKM6YX1U5JS60TCUB219 GENTHERM INC 37253A103 1568.00000000 NS USD 75499.20000000 0.244117549360 Long EC CORP US N 1 N N N ULTRA CLEAN HLDGS INC 5493007L6LS7QX18PE75 ULTRA CLEAN HOLDINGS INC 90385V107 927.00000000 NS USD 35411.40000000 0.114498487234 Long EC CORP US N 1 N N N DECKERS OUTDOOR CORP 5493008LG4W3I6K8J118 DECKERS OUTDOOR CORP 243537107 23.00000000 NS USD 17335.79000000 0.056053184285 Long EC CORP US N 1 N N N VARONIS SYS INC 549300SHIVNRRH7STS26 VARONIS SYSTEMS INC 922280102 6406.00000000 NS USD 287501.28000000 0.929600683339 Long EC CORP US N 1 N N N VSE CORP 549300QWJYQDH4U5XI15 VSE CORP 918284100 1182.00000000 NS USD 73414.02000000 0.237375371541 Long EC CORP US N 1 N N N INSPIRE MEDICAL SYSTEMS INC 549300XQQCQ7HCJKTW25 INSPIRE MEDICAL SYSTEMS INC 457730109 785.00000000 NS USD 165532.95000000 0.535230811616 Long EC CORP US N 1 N N N FNB CORP PA PCYSKIGYNYFDTBLVZU83 FNB CORP PA 302520101 12256.00000000 NS USD 161534.08000000 0.522300948192 Long EC CORP US N 1 N N N ADVANCED ENERGY INDUSTRIES INC 549300756XI3QLFT2U27 ADVANCED ENERGY INDUSTRIES INC 007973100 1245.00000000 NS USD 129704.10000000 0.419382550199 Long EC CORP US N 1 N N N RED ROCK RESORTS INC N/A RED ROCK RESORTS INC 75700L108 1528.00000000 NS USD 83551.04000000 0.270152202027 Long EC CORP US N 1 N N N APOGEE THERAPEUTICS INC N/A APOGEE THERAPEUTICS INC 03770N101 2433.00000000 NS USD 81505.50000000 0.263538195363 Long EC CORP US N 1 N N N LIBERTY ENERGY INC N/A LIBERTY ENERGY INC CL A 53115L104 11410.00000000 NS USD 237213.90000000 0.767002510519 Long EC CORP US N 1 N N N SHIFT4 PAYMENTS INC N/A SHIFT4 PAYMENTS INC 82452J109 1290.00000000 NS USD 92634.90000000 0.299523766784 Long EC CORP US N 1 N N N REPLIGEN CORP 54930006QJ0T5AUO1E71 REPLIGEN 759916109 547.00000000 NS USD 103601.80000000 0.334983914072 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A EAST WEST BANCORP INC 27579R104 1730.00000000 NS USD 125961.30000000 0.407280658208 Long EC CORP US N 1 N N N BROOKFIELD INFRASTRUCTURE CORP N/A BROOKFIELD INFRASTRUCTURE - A 11275Q107 3570.00000000 NS USD 124985.70000000 0.404126173377 Long EC CORP CA N 1 N N N MERIT MEDICAL SYSTEMS INC 549300OYTY138SP2CE83 MERIT MEDICAL SYSTEMS INC 589889104 2646.00000000 NS USD 207181.80000000 0.669897340476 Long EC CORP US N 1 N N N RANGE RESOURCES CORP H3Y3WLYCX0BTO1TRW162 RANGE RESOURCES CORP 75281A109 5302.00000000 NS USD 153970.08000000 0.497843667276 Long EC CORP US N 1 N N N CELLDEX THERAPEUTICS INC 529900F018DMYWH38923 CELLDEX THERAPEUTICS INC 15117B202 3674.00000000 NS USD 129398.28000000 0.418393718145 Long EC CORP US N 1 N N N PERFICIENT INC 549300HTBXKL2755T650 PERFICIENT INC 71375U101 2288.00000000 NS USD 155881.44000000 0.504023819107 Long EC CORP US N 1 N N N COLUMBUS MCKINNON CORP NY 549300W3HQB0HO1F3G69 COLUMBUS MCKINNON CORP NY 199333105 1647.00000000 NS USD 64348.29000000 0.208062427950 Long EC CORP US N 1 N N N BROOKFIELD RENEWABLE CORP N/A BROOKFIELD RENEWABLE CORP 11284V105 3441.00000000 NS USD 96072.72000000 0.310639542760 Long EC CORP CA N 1 N N N CADENCE BANK Q7C315HKI8VX0SSKBS64 CADENCE BANK 12740C103 11111.00000000 NS USD 295774.82000000 0.956352176193 Long EC CORP US N 1 N N N MASIMO CORP 549300Q4A8JK0PIYCU29 MASIMO CORP 574795100 1081.00000000 NS USD 139384.14000000 0.450681791019 Long EC CORP US N 1 N N N ONTO INNOVATION INC 549300V1USTYXJ7TNR79 ONTO INNOVATION INC 683344105 1862.00000000 NS USD 300713.00000000 0.972319185114 Long EC CORP US N 1 N N N 2024-03-01 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_6956_20240131.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Series Small Cap Core Fund
January 31, 2024
SCC-NPRT3-0324
1.9906195.101
Common Stocks - 93.6%
 
 
Shares
Value ($)
 
COMMUNICATION SERVICES - 1.9%
 
 
 
Diversified Telecommunication Services - 0.5%
 
 
 
Cogent Communications Group, Inc.
 
9,327
720,044
Interactive Media & Services - 1.2%
 
 
 
IAC, Inc. (a)
 
9,348
469,363
QuinStreet, Inc. (a)
 
48,837
618,765
Ziff Davis, Inc. (a)
 
10,606
714,844
 
 
 
1,802,972
Wireless Telecommunication Services - 0.2%
 
 
 
Gogo, Inc. (a)
 
39,030
345,416
TOTAL COMMUNICATION SERVICES
 
 
2,868,432
CONSUMER DISCRETIONARY - 8.8%
 
 
 
Automobile Components - 0.9%
 
 
 
Adient PLC (a)
 
4,294
149,045
Gentherm, Inc. (a)
 
9,315
448,517
LCI Industries
 
6,531
726,770
 
 
 
1,324,332
Diversified Consumer Services - 2.5%
 
 
 
Adtalem Global Education, Inc. (a)
 
5,295
267,292
European Wax Center, Inc. (a)(b)
 
35,321
524,164
Grand Canyon Education, Inc. (a)
 
8,083
1,055,559
Laureate Education, Inc. Class A
 
69,505
877,153
OneSpaWorld Holdings Ltd. (a)
 
71,520
974,818
 
 
 
3,698,986
Hotels, Restaurants & Leisure - 1.2%
 
 
 
Aramark
 
32,514
945,507
Bowlero Corp. Class A (b)
 
46,758
505,454
El Pollo Loco Holdings, Inc. (a)
 
27,745
256,919
Noodles & Co. (a)
 
12,741
32,362
Red Rock Resorts, Inc.
 
1,628
89,019
 
 
 
1,829,261
Household Durables - 1.4%
 
 
 
Cavco Industries, Inc. (a)
 
1,778
590,154
LGI Homes, Inc. (a)
 
4,413
520,778
SharkNinja Hong Kong Co. Ltd.
 
7,460
348,531
TopBuild Corp. (a)
 
1,895
699,501
 
 
 
2,158,964
Leisure Products - 0.6%
 
 
 
Brunswick Corp.
 
10,681
861,743
Specialty Retail - 2.0%
 
 
 
Academy Sports & Outdoors, Inc.
 
3,210
201,363
America's Car Mart, Inc. (a)
 
1,327
80,801
Camping World Holdings, Inc. (b)
 
26,213
651,393
Dick's Sporting Goods, Inc.
 
912
135,952
Lithia Motors, Inc. Class A (sub. vtg.)
 
1,870
551,370
Murphy U.S.A., Inc.
 
2,807
989,524
Victoria's Secret & Co. (a)
 
16,511
430,112
 
 
 
3,040,515
Textiles, Apparel & Luxury Goods - 0.2%
 
 
 
Deckers Outdoor Corp. (a)
 
123
92,709
Rocky Brands, Inc.
 
4,564
127,701
 
 
 
220,410
TOTAL CONSUMER DISCRETIONARY
 
 
13,134,211
CONSUMER STAPLES - 3.3%
 
 
 
Beverages - 0.3%
 
 
 
Primo Water Corp.
 
35,351
515,418
Consumer Staples Distribution & Retail - 1.2%
 
 
 
Performance Food Group Co. (a)
 
11,518
837,128
Sprouts Farmers Market LLC (a)
 
18,251
919,303
 
 
 
1,756,431
Food Products - 0.7%
 
 
 
SunOpta, Inc. (a)
 
36,828
219,127
The Simply Good Foods Co. (a)
 
4,144
156,643
TreeHouse Foods, Inc. (a)
 
16,675
702,018
 
 
 
1,077,788
Household Products - 0.5%
 
 
 
Spectrum Brands Holdings, Inc.
 
8,592
675,503
Personal Care Products - 0.6%
 
 
 
BellRing Brands, Inc. (a)
 
14,727
813,961
TOTAL CONSUMER STAPLES
 
 
4,839,101
ENERGY - 5.6%
 
 
 
Energy Equipment & Services - 2.7%
 
 
 
Cactus, Inc.
 
7,067
299,923
Liberty Oilfield Services, Inc. Class A
 
59,834
1,243,949
Oceaneering International, Inc. (a)
 
65,234
1,355,563
TechnipFMC PLC
 
58,292
1,127,367
 
 
 
4,026,802
Oil, Gas & Consumable Fuels - 2.9%
 
 
 
California Resources Corp.
 
11,499
548,272
Chord Energy Corp.
 
8,834
1,358,316
Golar LNG Ltd.
 
23,908
521,433
National Energy Services Reunited Corp. (a)
 
34,556
255,714
Northern Oil & Gas, Inc.
 
20,285
679,548
Range Resources Corp.
 
28,135
817,040
Sitio Royalties Corp.
 
8,821
188,152
 
 
 
4,368,475
TOTAL ENERGY
 
 
8,395,277
FINANCIALS - 18.2%
 
 
 
Banks - 11.0%
 
 
 
Associated Banc-Corp.
 
43,978
923,978
Byline Bancorp, Inc.
 
25,742
562,205
Cadence Bank
 
60,206
1,602,684
Camden National Corp.
 
4,323
155,758
ConnectOne Bancorp, Inc.
 
20,540
469,134
East West Bancorp, Inc.
 
10,498
764,359
Eastern Bankshares, Inc.
 
66,105
922,826
First Foundation, Inc.
 
2,239
21,315
First Interstate Bancsystem, Inc.
 
39,977
1,100,167
FNB Corp., Pennsylvania
 
71,890
947,510
Glacier Bancorp, Inc.
 
17,049
659,114
Hanmi Financial Corp.
 
34,427
576,652
Independent Bank Corp.
 
26,093
663,806
Independent Bank Group, Inc.
 
1,755
84,854
International Bancshares Corp.
 
7,348
388,415
Orrstown Financial Services, Inc.
 
9,248
255,985
Pinnacle Financial Partners, Inc.
 
8,545
755,207
Popular, Inc.
 
863
73,743
United Community Bank, Inc.
 
37,184
1,016,611
Univest Corp. of Pennsylvania
 
10,437
221,682
Webster Financial Corp.
 
26,051
1,289,003
Western Alliance Bancorp.
 
21,735
1,390,171
Wintrust Financial Corp.
 
16,181
1,569,233
 
 
 
16,414,412
Capital Markets - 1.8%
 
 
 
Patria Investments Ltd.
 
3,354
47,862
Perella Weinberg Partners Class A
 
18,988
223,109
Piper Jaffray Companies
 
4,821
836,395
PJT Partners, Inc.
 
7,442
715,697
Stifel Financial Corp.
 
11,155
813,757
 
 
 
2,636,820
Consumer Finance - 1.4%
 
 
 
FirstCash Holdings, Inc.
 
16,570
1,901,739
NerdWallet, Inc. (a)
 
16,985
260,040
 
 
 
2,161,779
Financial Services - 2.2%
 
 
 
Essent Group Ltd.
 
4,069
224,446
Federal Agricultural Mortgage Corp. Class C (non-vtg.)
 
2,315
431,261
Flywire Corp. (a)
 
35,680
762,482
NMI Holdings, Inc. (a)
 
27,829
888,302
Shift4 Payments, Inc. (a)
 
7,487
537,641
Walker & Dunlop, Inc.
 
4,134
399,303
 
 
 
3,243,435
Insurance - 1.1%
 
 
 
BRP Group, Inc. (a)
 
13,263
297,622
Selective Insurance Group, Inc.
 
6,953
729,092
White Mountains Insurance Group Ltd.
 
405
638,268
 
 
 
1,664,982
Mortgage Real Estate Investment Trusts - 0.7%
 
 
 
Redwood Trust, Inc.
 
150,603
1,010,546
TOTAL FINANCIALS
 
 
27,131,974
HEALTH CARE - 15.8%
 
 
 
Biotechnology - 6.6%
 
 
 
Apogee Therapeutics, Inc.
 
2,433
81,506
Arcellx, Inc. (a)
 
11,962
739,730
Blueprint Medicines Corp. (a)
 
14,969
1,190,485
Celldex Therapeutics, Inc. (a)
 
21,357
752,194
Crinetics Pharmaceuticals, Inc. (a)
 
16,716
609,800
Cytokinetics, Inc. (a)
 
15,213
1,188,592
Day One Biopharmaceuticals, Inc. (a)
 
52,136
784,647
Keros Therapeutics, Inc. (a)
 
2,255
124,837
Madrigal Pharmaceuticals, Inc. (a)(b)
 
2,883
624,775
Moonlake Immunotherapeutics (a)
 
6,182
345,450
Natera, Inc. (a)
 
17,144
1,130,475
PTC Therapeutics, Inc. (a)
 
11,383
296,982
Repligen Corp. (a)
 
3,157
597,936
Spyre Therapeutics, Inc. (a)
 
2,208
57,209
Vaxcyte, Inc. (a)
 
3,376
241,114
Verve Therapeutics, Inc. (a)(b)
 
25,170
272,339
Viridian Therapeutics, Inc. (a)
 
5,883
113,248
Xenon Pharmaceuticals, Inc. (a)
 
15,779
713,526
Zentalis Pharmaceuticals, Inc. (a)
 
5,235
62,035
 
 
 
9,926,880
Health Care Equipment & Supplies - 4.1%
 
 
 
Axonics, Inc. (a)
 
12,886
874,702
Glaukos Corp. (a)
 
9,626
857,003
Inspire Medical Systems, Inc. (a)
 
3,746
789,919
iRhythm Technologies, Inc. (a)
 
7,075
847,444
Masimo Corp. (a)
 
5,246
676,419
Merit Medical Systems, Inc. (a)
 
12,823
1,004,041
RxSight, Inc. (a)
 
4,961
225,775
TransMedics Group, Inc. (a)
 
9,665
828,967
ViewRay, Inc. (a)
 
34,227
0
 
 
 
6,104,270
Health Care Providers & Services - 2.4%
 
 
 
Acadia Healthcare Co., Inc. (a)
 
11,035
906,415
LifeStance Health Group, Inc. (a)
 
74,977
448,362
Privia Health Group, Inc. (a)
 
23,817
480,151
Surgery Partners, Inc. (a)
 
25,639
786,861
The Ensign Group, Inc.
 
8,760
991,807
 
 
 
3,613,596
Health Care Technology - 0.4%
 
 
 
Phreesia, Inc. (a)
 
21,501
547,845
Pharmaceuticals - 2.3%
 
 
 
Arvinas Holding Co. LLC (a)
 
29,215
1,212,423
Axsome Therapeutics, Inc. (a)(b)
 
11,097
999,063
CymaBay Therapeutics, Inc. (a)
 
27,939
656,846
Enliven Therapeutics, Inc. (a)
 
3,921
61,560
Verona Pharma PLC ADR (a)
 
25,390
465,907
 
 
 
3,395,799
TOTAL HEALTH CARE
 
 
23,588,390
INDUSTRIALS - 15.3%
 
 
 
Aerospace & Defense - 2.0%
 
 
 
AerSale Corp. (a)
 
45,345
421,709
Cadre Holdings, Inc.
 
26,362
896,044
Kratos Defense & Security Solutions, Inc. (a)
 
45,086
763,306
Spirit AeroSystems Holdings, Inc. Class A (a)
 
20,820
571,717
V2X, Inc. (a)
 
7,776
302,409
 
 
 
2,955,185
Building Products - 0.5%
 
 
 
UFP Industries, Inc.
 
6,948
788,251
Commercial Services & Supplies - 1.4%
 
 
 
ACV Auctions, Inc. Class A (a)
 
35,987
466,751
The Brink's Co.
 
16,395
1,325,372
VSE Corp.
 
4,139
257,073
 
 
 
2,049,196
Construction & Engineering - 1.5%
 
 
 
Bowman Consulting Group Ltd. (a)(b)
 
4,580
143,858
Comfort Systems U.S.A., Inc.
 
3,450
750,272
Construction Partners, Inc. Class A (a)
 
2,328
105,924
EMCOR Group, Inc.
 
2,611
595,595
Granite Construction, Inc.
 
12,669
571,499
Sterling Construction Co., Inc. (a)
 
1,875
140,813
 
 
 
2,307,961
Electrical Equipment - 2.0%
 
 
 
Atkore, Inc.
 
6,794
1,036,289
Fluence Energy, Inc. (a)(b)
 
17,065
339,082
Nextracker, Inc. Class A
 
18,495
837,269
Shoals Technologies Group, Inc. (a)
 
55,301
728,314
 
 
 
2,940,954
Ground Transportation - 0.4%
 
 
 
Saia, Inc. (a)
 
1,392
627,207
Machinery - 2.4%
 
 
 
Columbus McKinnon Corp. (NY Shares)
 
1,647
64,348
Crane Co.
 
7,582
941,002
Federal Signal Corp.
 
17,492
1,346,534
Hillenbrand, Inc.
 
2,430
113,165
ITT, Inc.
 
3,635
439,035
Terex Corp.
 
12,157
746,805
 
 
 
3,650,889
Professional Services - 3.1%
 
 
 
ASGN, Inc. (a)
 
13,360
1,240,075
Concentrix Corp.
 
5,424
482,031
CRA International, Inc.
 
4,544
487,299
ICF International, Inc.
 
7,549
1,049,613
Maximus, Inc.
 
1,796
145,692
TrueBlue, Inc. (a)
 
27,114
373,631
WNS Holdings Ltd. sponsored ADR (a)
 
11,883
824,086
 
 
 
4,602,427
Trading Companies & Distributors - 2.0%
 
 
 
Applied Industrial Technologies, Inc.
 
7,996
1,410,974
Beacon Roofing Supply, Inc. (a)
 
6,217
515,327
FTAI Aviation Ltd.
 
18,260
985,127
 
 
 
2,911,428
TOTAL INDUSTRIALS
 
 
22,833,498
INFORMATION TECHNOLOGY - 12.9%
 
 
 
Communications Equipment - 0.1%
 
 
 
Lumentum Holdings, Inc. (a)
 
3,430
188,444
Electronic Equipment, Instruments & Components - 2.5%
 
 
 
Advanced Energy Industries, Inc.
 
6,966
725,718
Coherent Corp. (a)
 
18,596
884,054
Crane Nxt Co.
 
12,335
718,884
Napco Security Technologies, Inc.
 
21,835
758,766
TTM Technologies, Inc. (a)
 
40,001
556,414
 
 
 
3,643,836
IT Services - 1.3%
 
 
 
Digitalocean Holdings, Inc. (a)(b)
 
16,546
557,931
Fastly, Inc. Class A (a)
 
28,333
570,060
Perficient, Inc. (a)
 
11,426
778,453
 
 
 
1,906,444
Semiconductors & Semiconductor Equipment - 4.0%
 
 
 
Cirrus Logic, Inc. (a)
 
7,604
587,029
Diodes, Inc. (a)
 
4,891
329,262
Ichor Holdings Ltd. (a)
 
19,871
719,330
Impinj, Inc. (a)
 
319
30,937
MACOM Technology Solutions Holdings, Inc. (a)
 
10,024
864,370
MKS Instruments, Inc.
 
4,413
469,764
Nova Ltd. (a)
 
4,466
646,721
Onto Innovation, Inc. (a)
 
2,662
429,913
SiTime Corp. (a)
 
7,234
770,927
SMART Global Holdings, Inc. (a)
 
33,858
665,310
Synaptics, Inc. (a)
 
4,178
446,252
Ultra Clean Holdings, Inc. (a)
 
1,727
65,971
 
 
 
6,025,786
Software - 5.0%
 
 
 
BlackLine, Inc. (a)
 
14,893
873,921
MicroStrategy, Inc. Class A (a)
 
920
461,113
PROS Holdings, Inc. (a)
 
4,392
151,173
Qualys, Inc. (a)
 
6,032
1,141,073
Rapid7, Inc. (a)
 
18,505
1,018,330
Telos Corp. (a)
 
27,878
112,627
Tenable Holdings, Inc. (a)
 
30,016
1,413,754
Varonis Systems, Inc. (a)
 
32,190
1,444,687
Workiva, Inc. (a)
 
9,271
861,647
 
 
 
7,478,325
TOTAL INFORMATION TECHNOLOGY
 
 
19,242,835
MATERIALS - 4.0%
 
 
 
Chemicals - 2.2%
 
 
 
Element Solutions, Inc.
 
29,344
652,317
Methanex Corp.
 
7,528
333,641
Olin Corp.
 
10,759
560,221
Quaker Houghton
 
4,511
856,819
The Chemours Co. LLC
 
21,702
654,749
Tronox Holdings PLC
 
9,172
126,482
 
 
 
3,184,229
Construction Materials - 0.6%
 
 
 
Eagle Materials, Inc.
 
4,096
926,843
Containers & Packaging - 0.5%
 
 
 
Graphic Packaging Holding Co.
 
29,647
756,295
Metals & Mining - 0.7%
 
 
 
ATI, Inc. (a)
 
22,734
929,139
Constellium NV (a)
 
7,410
138,938
 
 
 
1,068,077
TOTAL MATERIALS
 
 
5,935,444
REAL ESTATE - 5.8%
 
 
 
Equity Real Estate Investment Trusts (REITs) - 4.6%
 
 
 
Apple Hospitality (REIT), Inc.
 
43,081
691,881
Armada Hoffler Properties, Inc. (b)
 
48,165
576,053
Douglas Emmett, Inc.
 
49,123
665,617
Four Corners Property Trust, Inc.
 
31,058
727,068
LXP Industrial Trust (REIT)
 
99,993
908,936
Outfront Media, Inc.
 
29,954
390,001
Plymouth Industrial REIT, Inc.
 
35,794
792,479
Postal Realty Trust, Inc.
 
16,259
229,252
RLJ Lodging Trust
 
36,217
419,393
Ryman Hospitality Properties, Inc.
 
5,176
568,842
Urban Edge Properties
 
48,177
832,017
 
 
 
6,801,539
Real Estate Management & Development - 1.2%
 
 
 
Cushman & Wakefield PLC (a)
 
109,066
1,147,374
Jones Lang LaSalle, Inc. (a)
 
3,893
689,295
 
 
 
1,836,669
TOTAL REAL ESTATE
 
 
8,638,208
UTILITIES - 2.0%
 
 
 
Electric Utilities - 0.9%
 
 
 
Allete, Inc.
 
15,793
933,524
IDACORP, Inc.
 
4,469
413,740
 
 
 
1,347,264
Gas Utilities - 0.8%
 
 
 
Brookfield Infrastructure Corp. A Shares
 
17,286
605,183
New Jersey Resources Corp.
 
14,200
579,786
 
 
 
1,184,969
Independent Power and Renewable Electricity Producers - 0.3%
 
 
 
Brookfield Renewable Corp.
 
16,532
461,573
TOTAL UTILITIES
 
 
2,993,806
 
TOTAL COMMON STOCKS
 (Cost $137,876,587)
 
 
 
139,601,176
 
 
 
 
Money Market Funds - 1.0%
 
 
Shares
Value ($)
 
Fidelity Cash Central Fund 5.39% (c)
 
477,304
477,399
Fidelity Securities Lending Cash Central Fund 5.39% (c)(d)
 
991,226
991,325
 
TOTAL MONEY MARKET FUNDS
 (Cost $1,468,724)
 
 
1,468,724
 
 
 
 
Equity Funds - 4.9%
 
 
Shares
Value ($)
 
Small Blend Funds - 4.9%
 
 
 
iShares Russell 2000 Index ETF
  (Cost $7,343,498)
 
38,000
7,329,436
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.5%
 (Cost $146,688,809)
 
 
 
148,399,336
NET OTHER ASSETS (LIABILITIES) - 0.5%  
790,231
NET ASSETS - 100.0%
149,189,567
 
 
Security Type Abbreviations
ETF
-
EXCHANGE-TRADED FUND
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
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.
 
(d)
Investment made with cash collateral received from securities on loan.
 
 
 
 
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 5.39%
37,469
29,055,032
28,615,102
21,013
-
-
477,399
0.0%
Fidelity Securities Lending Cash Central Fund 5.39%
-
1,291,042
299,717
1,161
-
-
991,325
0.0%
Total
37,469
30,346,074
28,914,819
22,174
-
-
1,468,724
 
 
 
 
 
 
 
 
 
 
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.
 
Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last 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 but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 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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