Common Stocks - 98.8%
|
|||
Shares
|
Value ($)
|
||
COMMUNICATION SERVICES - 1.8%
|
|||
Diversified Telecommunication Services - 0.7%
|
|||
Cellnex Telecom SA (a)
|
139,600
|
4,938,308
|
|
Media - 1.1%
|
|||
Interpublic Group of Companies, Inc.
|
160,400
|
5,233,852
|
|
Nexstar Media Group, Inc. Class A
|
19,500
|
3,359,655
|
|
8,593,507
|
|||
TOTAL COMMUNICATION SERVICES
|
13,531,815
|
||
CONSUMER DISCRETIONARY - 10.5%
|
|||
Automobile Components - 1.6%
|
|||
Aptiv PLC (b)
|
43,900
|
3,496,635
|
|
Atmus Filtration Technologies, Inc.
|
140,400
|
4,527,900
|
|
Autoliv, Inc.
|
36,500
|
4,395,695
|
|
12,420,230
|
|||
Automobiles - 1.0%
|
|||
Harley-Davidson, Inc.
|
163,800
|
7,164,612
|
|
Hotels, Restaurants & Leisure - 1.3%
|
|||
Hilton Grand Vacations, Inc. (b)
|
95,400
|
4,503,834
|
|
Marriott Vacations Worldwide Corp.
|
30,800
|
3,318,084
|
|
Red Rock Resorts, Inc.
|
37,200
|
2,225,304
|
|
10,047,222
|
|||
Household Durables - 1.2%
|
|||
Tempur Sealy International, Inc. (c)
|
157,200
|
8,932,104
|
|
Leisure Products - 1.4%
|
|||
BRP, Inc.
|
63,100
|
4,236,791
|
|
Brunswick Corp.
|
32,500
|
3,136,900
|
|
Topgolf Callaway Brands Corp. (b)
|
189,700
|
3,067,449
|
|
10,441,140
|
|||
Specialty Retail - 2.4%
|
|||
Lithia Motors, Inc. Class A (sub. vtg.)
|
14,000
|
4,212,040
|
|
Signet Jewelers Ltd.
|
49,800
|
4,983,486
|
|
Upbound Group, Inc.
|
162,800
|
5,732,188
|
|
Victoria's Secret & Co. (b)(c)
|
175,800
|
3,407,004
|
|
18,334,718
|
|||
Textiles, Apparel & Luxury Goods - 1.6%
|
|||
Gildan Activewear, Inc.
|
215,100
|
7,982,782
|
|
PVH Corp.
|
28,300
|
3,979,263
|
|
11,962,045
|
|||
TOTAL CONSUMER DISCRETIONARY
|
79,302,071
|
||
CONSUMER STAPLES - 4.6%
|
|||
Consumer Staples Distribution & Retail - 1.2%
|
|||
U.S. Foods Holding Corp. (b)
|
174,000
|
9,390,780
|
|
Food Products - 2.2%
|
|||
Bunge Global SA
|
88,400
|
9,062,768
|
|
Darling Ingredients, Inc. (b)(c)
|
159,663
|
7,425,926
|
|
16,488,694
|
|||
Personal Care Products - 1.2%
|
|||
Kenvue, Inc.
|
414,700
|
8,899,462
|
|
TOTAL CONSUMER STAPLES
|
34,778,936
|
||
ENERGY - 8.5%
|
|||
Energy Equipment & Services - 3.2%
|
|||
Expro Group Holdings NV (b)(c)
|
614,200
|
12,265,574
|
|
Tidewater, Inc. (b)
|
34,900
|
3,210,800
|
|
Valaris Ltd. (b)
|
120,000
|
9,031,200
|
|
24,507,574
|
|||
Oil, Gas & Consumable Fuels - 5.3%
|
|||
Antero Resources Corp. (b)
|
259,600
|
7,528,400
|
|
Canadian Natural Resources Ltd. (c)
|
206,100
|
15,722,058
|
|
Targa Resources Corp.
|
74,300
|
8,320,857
|
|
Tourmaline Oil Corp.
|
183,900
|
8,597,975
|
|
40,169,290
|
|||
TOTAL ENERGY
|
64,676,864
|
||
FINANCIALS - 21.1%
|
|||
Banks - 4.7%
|
|||
East West Bancorp, Inc.
|
123,100
|
9,738,441
|
|
First Citizens Bancshares, Inc.
|
6,700
|
10,954,500
|
|
Popular, Inc.
|
69,300
|
6,104,637
|
|
U.S. Bancorp
|
198,300
|
8,864,010
|
|
35,661,588
|
|||
Capital Markets - 3.6%
|
|||
Ameriprise Financial, Inc.
|
21,900
|
9,601,836
|
|
LPL Financial
|
30,800
|
8,137,360
|
|
Raymond James Financial, Inc.
|
42,700
|
5,483,534
|
|
UBS Group AG
|
118,980
|
3,659,705
|
|
26,882,435
|
|||
Consumer Finance - 2.7%
|
|||
OneMain Holdings, Inc.
|
164,600
|
8,409,414
|
|
PROG Holdings, Inc.
|
118,071
|
4,066,365
|
|
SLM Corp.
|
355,000
|
7,735,450
|
|
20,211,229
|
|||
Financial Services - 5.0%
|
|||
Apollo Global Management, Inc.
|
107,300
|
12,065,885
|
|
Global Payments, Inc.
|
79,700
|
10,652,702
|
|
NCR Atleos Corp.
|
221,800
|
4,380,550
|
|
Walker & Dunlop, Inc.
|
73,100
|
7,387,486
|
|
WEX, Inc. (b)
|
15,600
|
3,705,468
|
|
38,192,091
|
|||
Insurance - 5.1%
|
|||
American Financial Group, Inc.
|
65,800
|
8,980,384
|
|
Assurant, Inc.
|
34,100
|
6,418,984
|
|
First American Financial Corp.
|
85,100
|
5,195,355
|
|
Globe Life, Inc.
|
32,400
|
3,770,388
|
|
Reinsurance Group of America, Inc.
|
32,305
|
6,230,988
|
|
The Travelers Companies, Inc.
|
35,800
|
8,239,012
|
|
38,835,111
|
|||
TOTAL FINANCIALS
|
159,782,454
|
||
HEALTH CARE - 7.0%
|
|||
Health Care Providers & Services - 6.4%
|
|||
AdaptHealth Corp. (b)
|
260,500
|
2,998,355
|
|
Centene Corp. (b)
|
197,100
|
15,468,408
|
|
Cigna Group
|
47,100
|
17,106,249
|
|
CVS Health Corp.
|
139,000
|
11,086,640
|
|
Humana, Inc.
|
5,800
|
2,010,976
|
|
48,670,628
|
|||
Pharmaceuticals - 0.6%
|
|||
Jazz Pharmaceuticals PLC (b)
|
35,900
|
4,323,078
|
|
TOTAL HEALTH CARE
|
52,993,706
|
||
INDUSTRIALS - 19.5%
|
|||
Air Freight & Logistics - 1.1%
|
|||
FedEx Corp.
|
28,800
|
8,344,512
|
|
Building Products - 2.7%
|
|||
AZZ, Inc.
|
47,800
|
3,695,418
|
|
Builders FirstSource, Inc. (b)
|
51,900
|
10,823,745
|
|
Johnson Controls International PLC
|
95,800
|
6,257,656
|
|
20,776,819
|
|||
Commercial Services & Supplies - 1.4%
|
|||
The Brink's Co.
|
63,400
|
5,856,892
|
|
Vestis Corp.
|
229,200
|
4,416,684
|
|
10,273,576
|
|||
Construction & Engineering - 2.8%
|
|||
Fluor Corp. (b)
|
181,300
|
7,665,364
|
|
MDU Resources Group, Inc.
|
238,400
|
6,007,680
|
|
Willscot Mobile Mini Holdings (b)
|
158,100
|
7,351,650
|
|
21,024,694
|
|||
Electrical Equipment - 1.4%
|
|||
Regal Rexnord Corp.
|
59,900
|
10,787,990
|
|
Ground Transportation - 3.2%
|
|||
TFI International, Inc. (Canada)
|
56,200
|
8,961,795
|
|
U-Haul Holding Co. (non-vtg.)
|
104,000
|
6,934,720
|
|
XPO, Inc. (b)
|
65,900
|
8,041,777
|
|
23,938,292
|
|||
Machinery - 4.2%
|
|||
Allison Transmission Holdings, Inc.
|
124,100
|
10,071,956
|
|
Barnes Group, Inc.
|
102,300
|
3,800,445
|
|
Chart Industries, Inc. (b)(c)
|
38,900
|
6,407,608
|
|
CNH Industrial NV
|
289,100
|
3,746,736
|
|
Gates Industrial Corp. PLC (b)
|
39,400
|
697,774
|
|
Timken Co.
|
83,500
|
7,300,405
|
|
32,024,924
|
|||
Professional Services - 0.5%
|
|||
ManpowerGroup, Inc.
|
51,800
|
4,021,752
|
|
Trading Companies & Distributors - 2.2%
|
|||
GMS, Inc. (b)
|
64,900
|
6,317,366
|
|
Herc Holdings, Inc.
|
22,800
|
3,837,240
|
|
WESCO International, Inc.
|
36,600
|
6,268,848
|
|
16,423,454
|
|||
TOTAL INDUSTRIALS
|
147,616,013
|
||
INFORMATION TECHNOLOGY - 4.4%
|
|||
Communications Equipment - 1.7%
|
|||
Ciena Corp. (b)
|
98,000
|
4,846,100
|
|
Lumentum Holdings, Inc. (b)
|
166,900
|
7,902,715
|
|
12,748,815
|
|||
Electronic Equipment, Instruments & Components - 1.4%
|
|||
Flex Ltd. (b)
|
363,400
|
10,396,874
|
|
Semiconductors & Semiconductor Equipment - 0.7%
|
|||
First Solar, Inc. (b)
|
32,300
|
5,452,240
|
|
Software - 0.6%
|
|||
NCR Voyix Corp. (b)
|
367,500
|
4,641,525
|
|
TOTAL INFORMATION TECHNOLOGY
|
33,239,454
|
||
MATERIALS - 8.5%
|
|||
Chemicals - 5.2%
|
|||
Axalta Coating Systems Ltd. (b)
|
115,400
|
3,968,606
|
|
Celanese Corp. Class A
|
31,900
|
5,482,334
|
|
Methanex Corp. (c)
|
117,200
|
5,230,636
|
|
Olin Corp.
|
131,701
|
7,744,019
|
|
The Chemours Co. LLC
|
234,900
|
6,168,474
|
|
Tronox Holdings PLC
|
238,000
|
4,129,300
|
|
Westlake Corp.
|
43,200
|
6,600,960
|
|
39,324,329
|
|||
Containers & Packaging - 1.2%
|
|||
Graphic Packaging Holding Co.
|
157,700
|
4,601,686
|
|
O-I Glass, Inc. (b)
|
260,700
|
4,325,013
|
|
8,926,699
|
|||
Metals & Mining - 1.1%
|
|||
Compass Minerals International, Inc.
|
119,700
|
1,884,078
|
|
Constellium NV (b)
|
315,800
|
6,982,338
|
|
8,866,416
|
|||
Paper & Forest Products - 1.0%
|
|||
Louisiana-Pacific Corp.
|
92,100
|
7,728,111
|
|
TOTAL MATERIALS
|
64,845,555
|
||
REAL ESTATE - 5.1%
|
|||
Equity Real Estate Investment Trusts (REITs) - 4.7%
|
|||
Camden Property Trust (SBI)
|
59,500
|
5,854,800
|
|
Prologis, Inc.
|
51,547
|
6,712,450
|
|
Sun Communities, Inc.
|
26,200
|
3,368,796
|
|
Ventas, Inc.
|
204,500
|
8,903,930
|
|
Welltower, Inc.
|
117,800
|
11,007,232
|
|
35,847,208
|
|||
Real Estate Management & Development - 0.4%
|
|||
Colliers International Group, Inc.
|
23,100
|
2,823,570
|
|
TOTAL REAL ESTATE
|
38,670,778
|
||
UTILITIES - 7.8%
|
|||
Electric Utilities - 5.9%
|
|||
Constellation Energy Corp.
|
93,133
|
17,215,637
|
|
Edison International
|
138,000
|
9,760,740
|
|
NextEra Energy, Inc.
|
107,600
|
6,876,716
|
|
PG&E Corp.
|
638,700
|
10,704,612
|
|
44,557,705
|
|||
Independent Power and Renewable Electricity Producers - 1.2%
|
|||
The AES Corp.
|
527,000
|
9,449,110
|
|
Multi-Utilities - 0.7%
|
|||
Sempra
|
68,600
|
4,927,538
|
|
TOTAL UTILITIES
|
58,934,353
|
||
TOTAL COMMON STOCKS
(Cost $536,365,317)
|
748,371,999
|
||
Money Market Funds - 5.0%
|
|||
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund 5.39% (d)
|
10,522,081
|
10,524,185
|
|
Fidelity Securities Lending Cash Central Fund 5.39% (d)(e)
|
27,142,939
|
27,145,654
|
|
TOTAL MONEY MARKET FUNDS
(Cost $37,669,839)
|
37,669,839
|
||
TOTAL INVESTMENT IN SECURITIES - 103.8%
(Cost $574,035,156)
|
786,041,838
|
NET OTHER ASSETS (LIABILITIES) - (3.8)%
|
(28,963,631)
|
NET ASSETS - 100.0%
|
757,078,207
|
(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 $4,938,308 or 0.7% of net assets.
|
(b)
|
Non-income producing
|
(c)
|
Security or a portion of the security is on loan at period end.
|
(d)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(e)
|
Investment made with cash collateral received from securities on loan.
|
Affiliate
|
Value,
beginning
of period ($)
|
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%
|
2,784,486
|
54,054,578
|
46,314,879
|
72,576
|
-
|
-
|
10,524,185
|
0.0%
|
Fidelity Securities Lending Cash Central Fund 5.39%
|
16,579,892
|
66,409,031
|
55,843,269
|
151,443
|
-
|
-
|
27,145,654
|
0.1%
|
Total
|
19,364,378
|
120,463,609
|
102,158,148
|
224,019
|
-
|
-
|
37,669,839
|
|