Quarterly Holdings Report
for
Fidelity® Series Large Cap Growth Index Fund
July 31, 2021
CGI-QTLY-0921
1.9891258.102
Schedule of Investments July 31, 2021 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.9% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 12.7% | |||
Entertainment - 1.6% | |||
Live Nation Entertainment, Inc. (a) | 1,488 | $117,388 | |
Madison Square Garden Sports Corp. (a) | 207 | 33,687 | |
Netflix, Inc. (a) | 12,354 | 6,394,060 | |
Playtika Holding Corp. | 2,217 | 49,284 | |
Roku, Inc. Class A (a) | 3,293 | 1,410,425 | |
Skillz, Inc. (a)(b) | 8,529 | 120,088 | |
Spotify Technology SA (a) | 3,904 | 892,728 | |
Take-Two Interactive Software, Inc. (a) | 657 | 113,937 | |
The Walt Disney Co. (a) | 2,650 | 466,453 | |
World Wrestling Entertainment, Inc. Class A (b) | 1,117 | 55,157 | |
Zynga, Inc. (a) | 13,751 | 138,885 | |
9,792,092 | |||
Interactive Media & Services - 10.6% | |||
Alphabet, Inc.: | |||
Class A (a) | 7,440 | 20,047,303 | |
Class C (a) | 6,953 | 18,803,832 | |
Facebook, Inc. Class A (a) | 68,458 | 24,391,585 | |
Match Group, Inc. (a) | 7,708 | 1,227,653 | |
Pinterest, Inc. Class A (a) | 15,619 | 919,959 | |
TripAdvisor, Inc. (a) | 1,751 | 66,450 | |
Twitter, Inc. (a) | 2,307 | 160,913 | |
Vimeo, Inc. (a) | 3,344 | 149,811 | |
Zillow Group, Inc.: | |||
Class A (a) | 1,682 | 180,193 | |
Class C (a)(b) | 4,694 | 498,784 | |
66,446,483 | |||
Media - 0.5% | |||
Altice U.S.A., Inc. Class A (a) | 4,203 | 129,158 | |
Cable One, Inc. | 80 | 151,039 | |
Charter Communications, Inc. Class A (a) | 3,561 | 2,649,562 | |
Nexstar Broadcasting Group, Inc. Class A | 83 | 12,207 | |
2,941,966 | |||
TOTAL COMMUNICATION SERVICES | 79,180,541 | ||
CONSUMER DISCRETIONARY - 18.0% | |||
Auto Components - 0.0% | |||
Aptiv PLC (a) | 1,400 | 233,590 | |
QuantumScape Corp. Class A (a)(b) | 2,415 | 55,328 | |
288,918 | |||
Automobiles - 2.5% | |||
Tesla, Inc. (a) | 22,190 | 15,248,968 | |
Thor Industries, Inc. | 627 | 74,212 | |
15,323,180 | |||
Distributors - 0.1% | |||
Pool Corp. | 1,113 | 531,814 | |
Diversified Consumer Services - 0.1% | |||
Bright Horizons Family Solutions, Inc. (a) | 1,373 | 205,264 | |
Chegg, Inc. (a) | 3,035 | 268,992 | |
Frontdoor, Inc. (a) | 1,695 | 82,953 | |
H&R Block, Inc. | 4,222 | 103,650 | |
660,859 | |||
Hotels, Restaurants & Leisure - 2.4% | |||
Booking Holdings, Inc. (a) | 1,172 | 2,552,921 | |
Boyd Gaming Corp. (a) | 498 | 28,386 | |
Caesars Entertainment, Inc. (a) | 3,533 | 308,643 | |
Chipotle Mexican Grill, Inc. (a) | 802 | 1,494,479 | |
Choice Hotels International, Inc. | 1,008 | 120,859 | |
Churchill Downs, Inc. | 1,042 | 193,604 | |
Darden Restaurants, Inc. | 2,519 | 367,472 | |
Domino's Pizza, Inc. | 751 | 394,643 | |
DraftKings, Inc. Class A (a)(b) | 8,670 | 420,495 | |
Expedia, Inc. (a) | 4,030 | 648,306 | |
Hilton Worldwide Holdings, Inc. (a) | 5,242 | 689,061 | |
Las Vegas Sands Corp. (a) | 9,431 | 399,403 | |
Marriott International, Inc. Class A (a) | 7,769 | 1,134,119 | |
McDonald's Corp. | 3,800 | 922,298 | |
Penn National Gaming, Inc. (a) | 291 | 19,899 | |
Planet Fitness, Inc. (a) | 1,659 | 124,807 | |
Six Flags Entertainment Corp. (a) | 843 | 35,027 | |
Starbucks Corp. | 33,702 | 4,092,434 | |
Travel+Leisure Co. | 1,630 | 84,434 | |
Vail Resorts, Inc. (a) | 1,139 | 347,623 | |
Wendy's Co. | 5,150 | 119,532 | |
Wyndham Hotels & Resorts, Inc. | 1,674 | 120,628 | |
Wynn Resorts Ltd. (a) | 3,011 | 296,072 | |
Yum China Holdings, Inc. | 953 | 59,267 | |
Yum! Brands, Inc. | 736 | 96,703 | |
15,071,115 | |||
Household Durables - 0.2% | |||
D.R. Horton, Inc. | 3,916 | 373,704 | |
NVR, Inc. (a) | 63 | 329,024 | |
PulteGroup, Inc. | 2,197 | 120,549 | |
Tempur Sealy International, Inc. | 5,161 | 223,316 | |
Toll Brothers, Inc. | 1,317 | 78,059 | |
TopBuild Corp. (a) | 789 | 159,922 | |
1,284,574 | |||
Internet & Direct Marketing Retail - 7.1% | |||
Amazon.com, Inc. (a) | 12,415 | 41,312,030 | |
Doordash, Inc. | 2,108 | 367,403 | |
eBay, Inc. | 19,469 | 1,327,980 | |
Etsy, Inc. (a) | 3,618 | 663,939 | |
Wayfair LLC Class A (a)(b) | 1,193 | 287,942 | |
43,959,294 | |||
Leisure Products - 0.2% | |||
Brunswick Corp. | 284 | 29,650 | |
Mattel, Inc. (a) | 9,881 | 214,615 | |
Peloton Interactive, Inc. Class A (a) | 7,546 | 890,805 | |
Polaris, Inc. | 1,157 | 151,648 | |
YETI Holdings, Inc. (a) | 2,425 | 233,600 | |
1,520,318 | |||
Multiline Retail - 0.4% | |||
Dollar General Corp. | 2,926 | 680,705 | |
Nordstrom, Inc. (a) | 2,695 | 89,205 | |
Target Corp. | 6,372 | 1,663,411 | |
2,433,321 | |||
Specialty Retail - 3.7% | |||
AutoZone, Inc. (a) | 134 | 217,558 | |
Bath & Body Works, Inc. | 3,878 | 310,511 | |
Best Buy Co., Inc. | 1,626 | 182,681 | |
Burlington Stores, Inc. (a) | 1,786 | 597,953 | |
CarMax, Inc. (a) | 408 | 54,652 | |
Carvana Co. Class A (a)(b) | 2,203 | 743,645 | |
Five Below, Inc. (a) | 1,573 | 305,823 | |
Floor & Decor Holdings, Inc. Class A (a) | 2,906 | 354,561 | |
GameStop Corp. Class A (a)(b) | 1,685 | 271,487 | |
Leslie's, Inc. (b) | 2,798 | 68,131 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 75 | 28,292 | |
Lowe's Companies, Inc. | 20,529 | 3,955,733 | |
O'Reilly Automotive, Inc. (a) | 601 | 362,908 | |
Petco Health & Wellness Co., Inc. (b) | 139 | 2,868 | |
RH (a) | 490 | 325,399 | |
Ross Stores, Inc. | 10,009 | 1,228,004 | |
The Home Depot, Inc. | 30,762 | 10,095,781 | |
TJX Companies, Inc. | 34,489 | 2,373,188 | |
Tractor Supply Co. | 3,284 | 594,174 | |
Ulta Beauty, Inc. (a) | 1,537 | 516,125 | |
Vroom, Inc. (a)(b) | 822 | 30,447 | |
Williams-Sonoma, Inc. | 1,619 | 245,602 | |
22,865,523 | |||
Textiles, Apparel & Luxury Goods - 1.3% | |||
Columbia Sportswear Co. | 73 | 7,272 | |
Deckers Outdoor Corp. (a) | 111 | 45,604 | |
Hanesbrands, Inc. | 5,983 | 109,250 | |
lululemon athletica, Inc. (a) | 3,258 | 1,303,754 | |
NIKE, Inc. Class B | 35,438 | 5,936,219 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a) | 437 | 23,458 | |
Tapestry, Inc. (a) | 794 | 33,586 | |
VF Corp. | 5,938 | 476,228 | |
7,935,371 | |||
TOTAL CONSUMER DISCRETIONARY | 111,874,287 | ||
CONSUMER STAPLES - 3.9% | |||
Beverages - 1.8% | |||
Boston Beer Co., Inc. Class A (a) | 263 | 186,730 | |
Brown-Forman Corp.: | |||
Class A | 669 | 44,749 | |
Class B (non-vtg.) | 2,548 | 180,704 | |
Monster Beverage Corp.(a) | 9,856 | 929,618 | |
PepsiCo, Inc. | 32,809 | 5,149,373 | |
The Coca-Cola Co. | 78,421 | 4,472,350 | |
10,963,524 | |||
Food & Staples Retailing - 1.0% | |||
Costco Wholesale Corp. | 11,825 | 5,081,439 | |
Sysco Corp. | 13,922 | 1,033,012 | |
6,114,451 | |||
Food Products - 0.2% | |||
Beyond Meat, Inc. (a)(b) | 1,419 | 174,111 | |
Darling Ingredients, Inc. (a) | 254 | 17,544 | |
Freshpet, Inc. (a) | 1,151 | 168,564 | |
Kellogg Co. | 3,184 | 201,738 | |
Lamb Weston Holdings, Inc. | 1,247 | 83,262 | |
Pilgrim's Pride Corp. (a) | 576 | 12,758 | |
The Hershey Co. | 3,598 | 643,610 | |
1,301,587 | |||
Household Products - 0.4% | |||
Church & Dwight Co., Inc. | 370 | 32,035 | |
Colgate-Palmolive Co. | 12,669 | 1,007,186 | |
Kimberly-Clark Corp. | 4,845 | 657,563 | |
The Clorox Co. | 2,875 | 520,059 | |
2,216,843 | |||
Personal Products - 0.3% | |||
Estee Lauder Companies, Inc. Class A | 6,547 | 2,185,585 | |
Herbalife Nutrition Ltd. (a) | 506 | 25,776 | |
2,211,361 | |||
Tobacco - 0.2% | |||
Altria Group, Inc. | 29,435 | 1,414,057 | |
TOTAL CONSUMER STAPLES | 24,221,823 | ||
ENERGY - 0.3% | |||
Energy Equipment & Services - 0.0% | |||
Halliburton Co. | 1,335 | 27,608 | |
Oil, Gas & Consumable Fuels - 0.3% | |||
Cabot Oil & Gas Corp. | 1,384 | 22,144 | |
Cheniere Energy, Inc. (a) | 6,705 | 569,456 | |
Cimarex Energy Co. | 573 | 37,360 | |
Continental Resources, Inc. | 198 | 6,762 | |
Diamondback Energy, Inc. | 2,417 | 186,423 | |
EOG Resources, Inc. | 1,952 | 142,223 | |
Hess Corp. | 537 | 41,048 | |
New Fortress Energy, Inc. | 756 | 22,914 | |
Occidental Petroleum Corp. | 3,107 | 81,093 | |
Pioneer Natural Resources Co. | 2,756 | 400,640 | |
Texas Pacific Land Corp. | 168 | 250,748 | |
1,760,811 | |||
TOTAL ENERGY | 1,788,419 | ||
FINANCIALS - 2.4% | |||
Banks - 0.0% | |||
Citizens Financial Group, Inc. | 2,157 | 90,939 | |
Sterling Bancorp | 447 | 9,704 | |
Synovus Financial Corp. | 323 | 13,211 | |
Western Alliance Bancorp. | 1,491 | 138,395 | |
252,249 | |||
Capital Markets - 1.6% | |||
Ameriprise Financial, Inc. | 1,862 | 479,577 | |
Apollo Global Management LLC Class A (b) | 5,096 | 299,951 | |
Ares Management Corp. | 3,429 | 245,551 | |
FactSet Research Systems, Inc. | 932 | 332,985 | |
Goldman Sachs Group, Inc. | 514 | 192,688 | |
LPL Financial | 2,274 | 320,725 | |
MarketAxess Holdings, Inc. | 1,067 | 507,006 | |
Moody's Corp. | 4,402 | 1,655,152 | |
Morningstar, Inc. | 613 | 154,862 | |
MSCI, Inc. | 1,626 | 969,031 | |
Raymond James Financial, Inc. | 179 | 23,177 | |
S&P Global, Inc. | 4,877 | 2,090,867 | |
T. Rowe Price Group, Inc. | 2,133 | 435,473 | |
The Blackstone Group LP | 19,477 | 2,245,114 | |
9,952,159 | |||
Consumer Finance - 0.5% | |||
American Express Co. | 11,856 | 2,021,804 | |
Credit Acceptance Corp. (a) | 21 | 10,180 | |
Discover Financial Services | 4,786 | 594,996 | |
Synchrony Financial | 3,077 | 144,681 | |
Upstart Holdings, Inc. | 360 | 43,474 | |
2,815,135 | |||
Insurance - 0.3% | |||
Alleghany Corp. (a) | 42 | 27,850 | |
Aon PLC | 3,766 | 979,273 | |
Arch Capital Group Ltd. (a) | 2,679 | 104,481 | |
Brown & Brown, Inc. | 400 | 21,760 | |
Erie Indemnity Co. Class A | 502 | 92,815 | |
Everest Re Group Ltd. | 260 | 65,736 | |
GoHealth, Inc. (a) | 1,216 | 10,701 | |
Lemonade, Inc. (a)(b) | 118 | 10,273 | |
Lincoln National Corp. | 834 | 51,391 | |
Markel Corp. (a) | 65 | 78,401 | |
Marsh & McLennan Companies, Inc. | 1,703 | 250,716 | |
RenaissanceRe Holdings Ltd. | 626 | 95,584 | |
1,788,981 | |||
Thrifts & Mortgage Finance - 0.0% | |||
Rocket Cos., Inc. (b) | 3,922 | 67,615 | |
UWM Holdings Corp. Class A (b) | 607 | 4,631 | |
72,246 | |||
TOTAL FINANCIALS | 14,880,770 | ||
HEALTH CARE - 9.3% | |||
Biotechnology - 2.8% | |||
AbbVie, Inc. | 50,530 | 5,876,639 | |
Acceleron Pharma, Inc. (a) | 1,494 | 186,840 | |
Alnylam Pharmaceuticals, Inc. (a) | 3,349 | 599,270 | |
Amgen, Inc. | 13,526 | 3,267,070 | |
CureVac NV (a)(b) | 1,539 | 75,811 | |
Exact Sciences Corp. (a) | 4,510 | 486,358 | |
Exelixis, Inc. (a) | 7,675 | 129,324 | |
Horizon Therapeutics PLC (a) | 1,183 | 118,324 | |
Incyte Corp. (a) | 4,510 | 348,849 | |
Ionis Pharmaceuticals, Inc. (a) | 3,741 | 138,941 | |
Iovance Biotherapeutics, Inc. (a) | 1,260 | 28,060 | |
Mirati Therapeutics, Inc. (a) | 948 | 151,737 | |
Moderna, Inc. (a) | 9,676 | 3,421,434 | |
Natera, Inc. (a) | 2,176 | 249,196 | |
Neurocrine Biosciences, Inc. (a) | 2,651 | 247,100 | |
Novavax, Inc. (a) | 2,109 | 378,207 | |
Regeneron Pharmaceuticals, Inc. (a) | 304 | 174,681 | |
Repligen Corp. (a) | 1,471 | 361,425 | |
Sarepta Therapeutics, Inc. (a) | 2,210 | 149,794 | |
Seagen, Inc. (a) | 3,401 | 521,679 | |
Ultragenyx Pharmaceutical, Inc. (a) | 1,389 | 110,884 | |
Vertex Pharmaceuticals, Inc. (a) | 2,961 | 596,878 | |
17,618,501 | |||
Health Care Equipment & Supplies - 3.0% | |||
Abbott Laboratories | 24,842 | 3,005,385 | |
Abiomed, Inc. (a) | 1,265 | 413,832 | |
Align Technology, Inc. (a) | 2,250 | 1,565,550 | |
Danaher Corp. | 940 | 279,641 | |
DexCom, Inc. (a) | 2,754 | 1,419,715 | |
Edwards Lifesciences Corp. (a) | 17,671 | 1,983,923 | |
Globus Medical, Inc. (a) | 117 | 9,731 | |
IDEXX Laboratories, Inc. (a) | 2,419 | 1,641,364 | |
Insulet Corp. (a) | 1,889 | 528,334 | |
Intuitive Surgical, Inc. (a) | 3,378 | 3,349,152 | |
Masimo Corp. (a) | 1,035 | 281,924 | |
Novocure Ltd. (a) | 2,924 | 450,325 | |
Penumbra, Inc. (a) | 958 | 255,048 | |
ResMed, Inc. | 3,700 | 1,005,660 | |
STERIS PLC | 391 | 85,218 | |
Stryker Corp. | 4,259 | 1,153,933 | |
Tandem Diabetes Care, Inc. (a) | 1,623 | 176,371 | |
Teleflex, Inc. | 239 | 94,986 | |
West Pharmaceutical Services, Inc. | 2,100 | 864,633 | |
18,564,725 | |||
Health Care Providers & Services - 0.7% | |||
agilon health, Inc. (a) | 1,371 | 50,439 | |
Amedisys, Inc. (a) | 801 | 208,757 | |
Cardinal Health, Inc. | 4,900 | 290,962 | |
Chemed Corp. | 119 | 56,646 | |
DaVita HealthCare Partners, Inc. (a) | 1,387 | 166,787 | |
Encompass Health Corp. | 1,613 | 134,282 | |
Guardant Health, Inc. (a) | 2,564 | 281,527 | |
HCA Holdings, Inc. | 7,442 | 1,847,104 | |
McKesson Corp. | 664 | 135,343 | |
Molina Healthcare, Inc. (a) | 254 | 69,345 | |
Oak Street Health, Inc. (a)(b) | 2,642 | 166,552 | |
UnitedHealth Group, Inc. | 1,859 | 766,317 | |
4,174,061 | |||
Health Care Technology - 0.2% | |||
Certara, Inc. | 564 | 15,346 | |
Veeva Systems, Inc. Class A (a) | 3,914 | 1,302,227 | |
1,317,573 | |||
Life Sciences Tools & Services - 1.4% | |||
10X Genomics, Inc. (a) | 2,387 | 437,370 | |
Adaptive Biotechnologies Corp. (a) | 2,806 | 102,868 | |
Agilent Technologies, Inc. | 7,791 | 1,193,815 | |
Avantor, Inc. (a) | 16,563 | 622,438 | |
Bio-Techne Corp. | 1,106 | 533,357 | |
Bruker Corp. | 2,899 | 238,443 | |
Charles River Laboratories International, Inc. (a) | 1,334 | 542,831 | |
Illumina, Inc. (a) | 4,171 | 2,067,773 | |
IQVIA Holdings, Inc. (a) | 2,693 | 667,056 | |
Maravai LifeSciences Holdings, Inc. | 2,184 | 96,030 | |
Mettler-Toledo International, Inc. (a) | 656 | 966,754 | |
PPD, Inc. (a) | 1,896 | 87,444 | |
Sotera Health Co. | 2,282 | 54,083 | |
Syneos Health, Inc. (a) | 375 | 33,626 | |
Thermo Fisher Scientific, Inc. | 1,012 | 546,490 | |
Waters Corp. (a) | 1,625 | 633,441 | |
8,823,819 | |||
Pharmaceuticals - 1.2% | |||
Catalent, Inc. (a) | 1,105 | 132,390 | |
Eli Lilly & Co. | 19,154 | 4,663,999 | |
Royalty Pharma PLC | 5,442 | 207,884 | |
Zoetis, Inc. Class A | 12,873 | 2,609,357 | |
7,613,630 | |||
TOTAL HEALTH CARE | 58,112,309 | ||
INDUSTRIALS - 6.1% | |||
Aerospace & Defense - 0.6% | |||
Axon Enterprise, Inc. (a) | 1,824 | 339,300 | |
BWX Technologies, Inc. | 2,065 | 118,593 | |
HEICO Corp. | 437 | 59,104 | |
HEICO Corp. Class A | 710 | 86,116 | |
Howmet Aerospace, Inc. | 827 | 27,142 | |
Lockheed Martin Corp. | 6,189 | 2,300,266 | |
Northrop Grumman Corp. | 370 | 134,317 | |
Spirit AeroSystems Holdings, Inc. Class A | 873 | 37,722 | |
TransDigm Group, Inc. (a) | 425 | 272,463 | |
Virgin Galactic Holdings, Inc. (a)(b) | 3,827 | 114,772 | |
3,489,795 | |||
Air Freight & Logistics - 0.9% | |||
C.H. Robinson Worldwide, Inc. | 754 | 67,234 | |
Expeditors International of Washington, Inc. | 3,502 | 449,132 | |
FedEx Corp. | 3,048 | 853,288 | |
United Parcel Service, Inc. Class B | 20,702 | 3,961,535 | |
XPO Logistics, Inc. (a) | 2,368 | 328,418 | |
5,659,607 | |||
Airlines - 0.1% | |||
Delta Air Lines, Inc. (a) | 18,225 | 727,178 | |
Building Products - 0.4% | |||
Advanced Drain Systems, Inc. | 1,590 | 194,123 | |
Allegion PLC | 1,951 | 266,507 | |
Armstrong World Industries, Inc. | 666 | 72,048 | |
Carrier Global Corp. | 11,633 | 642,723 | |
Fortune Brands Home & Security, Inc. | 1,016 | 99,030 | |
The AZEK Co., Inc. (a) | 1,740 | 63,284 | |
Trane Technologies PLC | 3,323 | 676,596 | |
Trex Co., Inc. (a) | 3,304 | 320,818 | |
2,335,129 | |||
Commercial Services & Supplies - 0.4% | |||
Cintas Corp. | 2,387 | 940,908 | |
Copart, Inc. (a) | 5,976 | 878,472 | |
IAA, Inc. (a) | 3,820 | 231,034 | |
MSA Safety, Inc. | 306 | 50,331 | |
Rollins, Inc. | 5,966 | 228,677 | |
Waste Management, Inc. | 1,914 | 283,770 | |
2,613,192 | |||
Electrical Equipment - 0.3% | |||
Generac Holdings, Inc. (a) | 1,753 | 735,138 | |
Plug Power, Inc. (a) | 14,297 | 390,022 | |
Rockwell Automation, Inc. | 2,014 | 619,144 | |
Vertiv Holdings Co. | 7,968 | 223,423 | |
1,967,727 | |||
Industrial Conglomerates - 0.2% | |||
3M Co. | 2,412 | 477,431 | |
Carlisle Companies, Inc. | 567 | 114,670 | |
Honeywell International, Inc. | 4,291 | 1,003,193 | |
1,595,294 | |||
Machinery - 1.5% | |||
AGCO Corp. | 174 | 22,987 | |
Allison Transmission Holdings, Inc. | 2,388 | 95,305 | |
Caterpillar, Inc. | 13,511 | 2,793,399 | |
Deere & Co. | 8,065 | 2,916,223 | |
Donaldson Co., Inc. | 442 | 29,256 | |
Graco, Inc. | 2,953 | 230,570 | |
Illinois Tool Works, Inc. | 8,073 | 1,829,907 | |
Lincoln Electric Holdings, Inc. | 1,639 | 228,526 | |
Middleby Corp. (a) | 479 | 91,724 | |
Nordson Corp. | 289 | 65,352 | |
Parker Hannifin Corp. | 604 | 188,466 | |
Toro Co. | 2,903 | 330,187 | |
Xylem, Inc. | 3,373 | 424,492 | |
9,246,394 | |||
Professional Services - 0.4% | |||
Booz Allen Hamilton Holding Corp. Class A | 3,874 | 332,428 | |
CoStar Group, Inc. (a) | 8,683 | 771,485 | |
Equifax, Inc. | 1,323 | 344,774 | |
Robert Half International, Inc. | 2,736 | 268,703 | |
TransUnion Holding Co., Inc. | 3,735 | 448,424 | |
Verisk Analytics, Inc. | 2,888 | 548,547 | |
2,714,361 | |||
Road & Rail - 1.0% | |||
J.B. Hunt Transport Services, Inc. | 2,131 | 358,967 | |
Kansas City Southern | 684 | 183,175 | |
Landstar System, Inc. | 978 | 153,546 | |
Lyft, Inc. (a) | 8,009 | 443,058 | |
Old Dominion Freight Lines, Inc. | 2,690 | 724,014 | |
TuSimple Holdings, Inc. (a)(b) | 123 | 4,526 | |
Uber Technologies, Inc. (a) | 39,498 | 1,716,583 | |
Union Pacific Corp. | 12,008 | 2,626,870 | |
6,210,739 | |||
Trading Companies & Distributors - 0.3% | |||
Fastenal Co. | 14,553 | 797,068 | |
SiteOne Landscape Supply, Inc. (a) | 664 | 116,054 | |
United Rentals, Inc. (a) | 712 | 234,640 | |
W.W. Grainger, Inc. | 1,103 | 490,372 | |
1,638,134 | |||
TOTAL INDUSTRIALS | 38,197,550 | ||
INFORMATION TECHNOLOGY - 44.5% | |||
Communications Equipment - 0.1% | |||
Arista Networks, Inc. (a) | 1,537 | 584,659 | |
CommScope Holding Co., Inc. (a) | 5,813 | 123,003 | |
Ubiquiti, Inc. | 167 | 52,288 | |
759,950 | |||
Electronic Equipment & Components - 0.7% | |||
Amphenol Corp. Class A | 11,857 | 859,514 | |
CDW Corp. | 3,999 | 733,217 | |
Cognex Corp. | 4,880 | 441,201 | |
Coherent, Inc. (a) | 635 | 156,172 | |
Corning, Inc. | 7,328 | 306,750 | |
IPG Photonics Corp. (a) | 79 | 17,235 | |
Jabil, Inc. | 3,246 | 193,267 | |
Keysight Technologies, Inc. (a) | 2,326 | 382,743 | |
Vontier Corp. | 2,644 | 85,533 | |
Zebra Technologies Corp. Class A (a) | 1,522 | 840,875 | |
4,016,507 | |||
IT Services - 7.8% | |||
Accenture PLC Class A | 14,626 | 4,646,388 | |
Automatic Data Processing, Inc. | 11,190 | 2,345,760 | |
Broadridge Financial Solutions, Inc. | 2,997 | 519,950 | |
EPAM Systems, Inc. (a) | 1,538 | 860,972 | |
Euronet Worldwide, Inc. (a) | 1,037 | 148,104 | |
Fiserv, Inc. (a) | 1,179 | 135,715 | |
FleetCor Technologies, Inc. (a) | 541 | 139,697 | |
Gartner, Inc. (a) | 2,393 | 633,499 | |
Genpact Ltd. | 271 | 13,499 | |
Globant SA (a) | 1,103 | 263,793 | |
GoDaddy, Inc. (a) | 489 | 41,003 | |
Jack Henry & Associates, Inc. | 556 | 96,794 | |
MasterCard, Inc. Class A | 25,029 | 9,659,692 | |
MongoDB, Inc. Class A (a) | 1,510 | 541,969 | |
Okta, Inc. (a) | 3,547 | 878,911 | |
Paychex, Inc. (b) | 8,022 | 913,064 | |
PayPal Holdings, Inc. (a) | 33,611 | 9,260,839 | |
Sabre Corp. (a) | 9,188 | 108,327 | |
Shift4 Payments, Inc. (a) | 1,243 | 110,863 | |
Snowflake Computing, Inc. | 3,210 | 852,961 | |
Square, Inc. (a) | 11,168 | 2,761,400 | |
StoneCo Ltd. Class A (a) | 5,874 | 345,626 | |
Switch, Inc. Class A | 3,321 | 68,612 | |
The Western Union Co. | 2,934 | 68,098 | |
Twilio, Inc. Class A (a) | 1,300 | 485,667 | |
Visa, Inc. Class A | 48,419 | 11,929,957 | |
WEX, Inc. (a) | 846 | 160,512 | |
Wix.com Ltd. (a) | 1,522 | 454,530 | |
48,446,202 | |||
Semiconductors & Semiconductor Equipment - 7.3% | |||
Advanced Micro Devices, Inc. (a) | 34,616 | 3,675,873 | |
Allegro MicroSystems LLC (a) | 1,506 | 41,279 | |
Analog Devices, Inc. | 1,537 | 257,325 | |
Applied Materials, Inc. | 26,189 | 3,664,627 | |
Broadcom, Inc. | 11,420 | 5,543,268 | |
Brooks Automation, Inc. | 1,698 | 151,139 | |
Enphase Energy, Inc. (a) | 3,768 | 714,413 | |
Entegris, Inc. | 3,847 | 464,102 | |
KLA Corp. | 4,384 | 1,526,333 | |
Lam Research Corp. | 4,074 | 2,596,808 | |
Maxim Integrated Products, Inc. | 7,246 | 723,948 | |
Microchip Technology, Inc. | 6,005 | 859,436 | |
Micron Technology, Inc. | 4,420 | 342,904 | |
MKS Instruments, Inc. | 1,319 | 206,344 | |
Monolithic Power Systems, Inc. | 1,280 | 575,053 | |
NVIDIA Corp. | 68,434 | 13,343,946 | |
NXP Semiconductors NV | 2,421 | 499,670 | |
ON Semiconductor Corp. (a) | 6,543 | 255,570 | |
Qualcomm, Inc. | 32,268 | 4,833,746 | |
Skyworks Solutions, Inc. | 2,224 | 410,350 | |
Teradyne, Inc. | 4,747 | 602,869 | |
Texas Instruments, Inc. | 16,386 | 3,123,499 | |
Universal Display Corp. | 1,233 | 289,126 | |
Xilinx, Inc. | 7,028 | 1,053,076 | |
45,754,704 | |||
Software - 17.9% | |||
Adobe, Inc. (a) | 13,658 | 8,490,223 | |
Alteryx, Inc. Class A (a) | 1,701 | 131,657 | |
Anaplan, Inc. (a) | 3,980 | 227,656 | |
ANSYS, Inc. (a) | 1,034 | 380,988 | |
Aspen Technology, Inc. (a) | 1,934 | 282,867 | |
Atlassian Corp. PLC (a) | 3,773 | 1,226,678 | |
Autodesk, Inc. (a) | 6,297 | 2,022,156 | |
Avalara, Inc. (a) | 2,418 | 404,217 | |
Bentley Systems, Inc. Class B (b) | 3,817 | 232,112 | |
Bill.Com Holdings, Inc. (a) | 2,143 | 443,215 | |
C3.Ai, Inc. (b) | 145 | 7,301 | |
Cadence Design Systems, Inc. (a) | 7,852 | 1,159,348 | |
CDK Global, Inc. | 539 | 25,867 | |
Citrix Systems, Inc. | 1,233 | 124,225 | |
Cloudflare, Inc. (a) | 6,772 | 803,362 | |
Coupa Software, Inc. (a) | 2,089 | 453,313 | |
Crowdstrike Holdings, Inc. (a) | 4,585 | 1,162,802 | |
Datadog, Inc. Class A (a) | 6,473 | 716,561 | |
DocuSign, Inc. (a) | 5,450 | 1,624,318 | |
DoubleVerify Holdings, Inc. (a)(b) | 451 | 15,605 | |
Dropbox, Inc. Class A (a) | 8,704 | 274,089 | |
Duck Creek Technologies, Inc. (a) | 473 | 20,779 | |
Dynatrace, Inc. (a) | 4,943 | 315,709 | |
Elastic NV (a) | 1,950 | 288,717 | |
Everbridge, Inc. (a) | 1,057 | 149,270 | |
Fair Isaac Corp. (a) | 797 | 417,556 | |
FireEye, Inc. (a) | 1,961 | 39,612 | |
Five9, Inc. (a) | 1,907 | 383,860 | |
Fortinet, Inc. (a) | 3,828 | 1,042,135 | |
HubSpot, Inc. (a) | 1,273 | 758,733 | |
Intuit, Inc. | 7,301 | 3,869,311 | |
Jamf Holding Corp. (a) | 1,311 | 43,014 | |
Manhattan Associates, Inc. (a) | 949 | 151,489 | |
McAfee Corp. | 1,010 | 27,341 | |
Medallia, Inc. (a) | 1,646 | 55,750 | |
Microsoft Corp. | 215,575 | 61,419,473 | |
nCino, Inc. (a) | 1,361 | 86,519 | |
New Relic, Inc. (a) | 1,583 | 109,354 | |
NortonLifeLock, Inc. | 4,210 | 104,492 | |
Nuance Communications, Inc. (a) | 3,140 | 172,386 | |
Nutanix, Inc. Class A (a) | 5,449 | 196,273 | |
Oracle Corp. | 46,409 | 4,044,080 | |
Palantir Technologies, Inc. (a) | 46,420 | 1,007,778 | |
Palo Alto Networks, Inc. (a) | 2,723 | 1,086,613 | |
Paycom Software, Inc. (a) | 1,448 | 579,200 | |
Paylocity Holding Corp. (a) | 1,062 | 220,323 | |
Pegasystems, Inc. | 1,083 | 138,234 | |
Proofpoint, Inc. (a) | 1,615 | 282,076 | |
PTC, Inc. (a) | 3,011 | 407,840 | |
RingCentral, Inc. (a) | 2,294 | 613,117 | |
Salesforce.com, Inc. (a) | 5,077 | 1,228,279 | |
ServiceNow, Inc. (a) | 5,637 | 3,313,936 | |
Smartsheet, Inc. (a) | 3,405 | 247,033 | |
Splunk, Inc. (a) | 4,677 | 664,040 | |
Synopsys, Inc. (a) | 2,749 | 791,685 | |
Teradata Corp. (a) | 2,692 | 133,685 | |
The Trade Desk, Inc. (a) | 12,241 | 1,002,660 | |
Tyler Technologies, Inc. (a) | 996 | 490,669 | |
Unity Software, Inc. (b) | 4,203 | 450,225 | |
VMware, Inc. Class A (a)(b) | 864 | 132,831 | |
Workday, Inc. Class A (a) | 5,278 | 1,237,163 | |
Zendesk, Inc. (a) | 3,359 | 438,450 | |
Zoom Video Communications, Inc. Class A (a) | 6,104 | 2,307,922 | |
Zscaler, Inc. (a) | 2,208 | 520,889 | |
111,199,061 | |||
Technology Hardware, Storage & Peripherals - 10.7% | |||
Apple, Inc. | 449,091 | 65,504,406 | |
Dell Technologies, Inc. (a) | 3,813 | 368,412 | |
HP, Inc. | 12,346 | 356,429 | |
NCR Corp. (a) | 1,260 | 55,944 | |
NetApp, Inc. | 4,209 | 334,994 | |
Pure Storage, Inc. Class A (a) | 7,216 | 140,856 | |
66,761,041 | |||
TOTAL INFORMATION TECHNOLOGY | 276,937,465 | ||
MATERIALS - 1.0% | |||
Chemicals - 0.8% | |||
Axalta Coating Systems Ltd. (a) | 1,053 | 31,695 | |
Celanese Corp. Class A | 1,170 | 182,251 | |
Diversey Holdings Ltd. (a) | 1,172 | 19,549 | |
Dow, Inc. | 1,553 | 96,534 | |
Ecolab, Inc. | 6,268 | 1,384,162 | |
FMC Corp. | 939 | 100,426 | |
LyondellBasell Industries NV Class A | 932 | 92,576 | |
Olin Corp. | 324 | 15,238 | |
PPG Industries, Inc. | 2,855 | 466,850 | |
RPM International, Inc. | 2,125 | 184,004 | |
Sherwin-Williams Co. | 6,975 | 2,029,934 | |
The Chemours Co. LLC | 2,450 | 81,463 | |
The Scotts Miracle-Gro Co. Class A | 1,162 | 205,628 | |
W.R. Grace & Co. | 1,627 | 113,239 | |
Westlake Chemical Corp. | 196 | 16,252 | |
5,019,801 | |||
Containers & Packaging - 0.1% | |||
Avery Dennison Corp. | 1,249 | 263,139 | |
Ball Corp. | 2,692 | 217,729 | |
Crown Holdings, Inc. | 455 | 45,391 | |
Graphic Packaging Holding Co. | 2,269 | 43,497 | |
Sealed Air Corp. | 2,310 | 131,093 | |
700,849 | |||
Metals & Mining - 0.1% | |||
Freeport-McMoRan, Inc. | 12,287 | 468,135 | |
Southern Copper Corp. | 2,157 | 141,585 | |
Steel Dynamics, Inc. | 1,071 | 69,026 | |
678,746 | |||
Paper & Forest Products - 0.0% | |||
Louisiana-Pacific Corp. | 220 | 12,197 | |
TOTAL MATERIALS | 6,411,593 | ||
REAL ESTATE - 1.7% | |||
Equity Real Estate Investment Trusts (REITs) - 1.7% | |||
American Tower Corp. | 12,911 | 3,651,231 | |
CoreSite Realty Corp. | 960 | 132,682 | |
Crown Castle International Corp. | 12,323 | 2,379,448 | |
Equinix, Inc. | 1,814 | 1,488,224 | |
Equity Lifestyle Properties, Inc. | 2,621 | 219,640 | |
Extra Space Storage, Inc. | 333 | 57,989 | |
Iron Mountain, Inc. | 5,719 | 250,263 | |
Lamar Advertising Co. Class A | 2,132 | 227,271 | |
Public Storage | 3,294 | 1,029,309 | |
SBA Communications Corp. Class A | 510 | 173,905 | |
Simon Property Group, Inc. | 8,100 | 1,024,812 | |
10,634,774 | |||
Real Estate Management & Development - 0.0% | |||
CBRE Group, Inc. (a) | 505 | 48,712 | |
Opendoor Technologies, Inc. (a) | 1,988 | 29,462 | |
78,174 | |||
TOTAL REAL ESTATE | 10,712,948 | ||
UTILITIES - 0.0% | |||
Electric Utilities - 0.0% | |||
NRG Energy, Inc. | 3,193 | 131,679 | |
Independent Power and Renewable Electricity Producers - 0.0% | |||
Brookfield Renewable Corp. | 914 | 38,790 | |
TOTAL UTILITIES | 170,469 | ||
TOTAL COMMON STOCKS | |||
(Cost $403,276,815) | 622,488,174 | ||
Money Market Funds - 1.1% | |||
Fidelity Cash Central Fund 0.06% (c) | 2,048,415 | 2,048,824 | |
Fidelity Securities Lending Cash Central Fund 0.06% (c)(d) | 4,718,335 | 4,718,807 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $6,767,631) | 6,767,631 | ||
TOTAL INVESTMENT IN SECURITIES - 101.0% | |||
(Cost $410,044,446) | 629,255,805 | ||
NET OTHER ASSETS (LIABILITIES) - (1.0)%(e) | (5,978,850) | ||
NET ASSETS - 100% | $623,276,955 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini NASDAQ 100 Index Contracts (United States) | 3 | Sept. 2021 | $897,345 | $66,096 | $66,096 |
The notional amount of futures purchased as a percentage of Net Assets is 0.1%
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.
(e) Includes $113,000 of cash collateral to cover margin requirements for futures contracts.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $358 |
Fidelity Securities Lending Cash Central Fund | 6,358 |
Total | $6,716 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount 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.
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Fund | Value, beginning of period | Purchases | Sales Proceeds | Realized Gain/Loss | Change in Unrealized appreciation (depreciation) | Value, end of period | % ownership, end of period |
Fidelity Cash Central Fund 0.06% | $3,818,147 | $76,635,253 | $78,404,576 | $-- | $-- | $2,048,824 | 0.0% |
Fidelity Securities Lending Cash Central Fund 0.06% | 2,195,182 | 9,244,671 | 6,721,046 | -- | -- | 4,718,807 | 0.0% |
Total | $6,013,329 | $85,879,924 | $85,125,622 | $-- | $-- | $6,767,631 |
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's 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 vendor 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 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.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
Investments in any open-end mutual funds are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market. Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts." The underlying face amount at value reflects each contract’s exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
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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