Quarterly Holdings Report
for
Fidelity® Blue Chip Growth K6 Fund
April 30, 2022
BCFK6-NPRT3-0622
1.9884005.104
Common Stocks - 95.2% | |||
Shares | Value ($) | ||
COMMUNICATION SERVICES - 11.8% | |||
Diversified Telecommunication Services - 0.0% | |||
Starry Group Holdings, Inc. (a) | 25,908 | 208,961 | |
Starry, Inc. | 199,782 | 1,526,534 | |
1,735,495 | |||
Entertainment - 1.3% | |||
Bilibili, Inc. ADR (b)(c) | 344,507 | 8,385,300 | |
Endeavor Group Holdings, Inc. (b) | 162,338 | 3,693,190 | |
Netflix, Inc. (b) | 207,557 | 39,510,551 | |
Sea Ltd. ADR (b) | 266,922 | 22,090,465 | |
Universal Music Group NV | 73,427 | 1,703,978 | |
75,383,484 | |||
Interactive Media & Services - 10.5% | |||
Alphabet, Inc. Class A (b) | 146,385 | 334,078,383 | |
Bumble, Inc. (b) | 601 | 14,418 | |
Meta Platforms, Inc. Class A (b) | 1,013,958 | 203,268,160 | |
Snap, Inc. Class A (b)(c) | 1,878,630 | 53,465,810 | |
Zoominfo Technologies, Inc. (b) | 62,700 | 2,971,980 | |
593,798,751 | |||
TOTAL COMMUNICATION SERVICES | 670,917,730 | ||
CONSUMER DISCRETIONARY - 27.5% | |||
Automobiles - 5.2% | |||
Neutron Holdings, Inc. (a)(b)(d) | 491,550 | 16,762 | |
Rad Power Bikes, Inc. (a)(b)(d) | 101,681 | 729,053 | |
Rivian Automotive, Inc. | 369,880 | 11,073,319 | |
Rivian Automotive, Inc. (c) | 54,878 | 1,659,511 | |
Tesla, Inc. (b) | 311,626 | 271,351,456 | |
XPeng, Inc. ADR (b) | 488,427 | 12,020,188 | |
296,850,289 | |||
Hotels, Restaurants & Leisure - 4.9% | |||
Airbnb, Inc. Class A (b) | 466,582 | 71,485,028 | |
Booking Holdings, Inc. (b) | 6,053 | 13,379,006 | |
Caesars Entertainment, Inc. (b) | 429,405 | 28,460,963 | |
Chipotle Mexican Grill, Inc. (b) | 19,456 | 28,320,348 | |
Dutch Bros, Inc. (c) | 32,991 | 1,575,980 | |
Expedia, Inc. (b) | 110,963 | 19,390,784 | |
Hilton Worldwide Holdings, Inc. | 152,421 | 23,669,457 | |
Marriott International, Inc. Class A | 186,381 | 33,086,355 | |
MGM Resorts International | 183,249 | 7,520,539 | |
Penn National Gaming, Inc. (b) | 938,611 | 34,325,004 | |
Sonder Holdings, Inc. | 69,768 | 297,595 | |
Sonder Holdings, Inc.: | |||
rights (b)(d) | 1,448 | 3,113 | |
rights (b)(d) | 1,447 | 2,460 | |
rights (b)(d) | 1,447 | 1,953 | |
rights (b)(d) | 1,447 | 1,577 | |
rights (b)(d) | 1,447 | 1,273 | |
rights (b)(d) | 1,447 | 1,042 | |
Sweetgreen, Inc. | 326,881 | 8,384,498 | |
Sweetgreen, Inc. Class A (c) | 177,889 | 4,803,003 | |
274,709,978 | |||
Household Durables - 0.0% | |||
D.R. Horton, Inc. | 8,000 | 556,720 | |
Lennar Corp. Class A | 7,700 | 588,973 | |
1,145,693 | |||
Internet & Direct Marketing Retail - 7.1% | |||
Alibaba Group Holding Ltd. sponsored ADR (b) | 105,374 | 10,230,762 | |
Amazon.com, Inc. (b) | 138,472 | 344,190,157 | |
BARK, Inc. (a) | 229,270 | 708,444 | |
Deliveroo PLC Class A (b)(e) | 632,855 | 874,646 | |
FSN E-Commerce Ventures Private Ltd. (a)(b) | 629,400 | 11,842,687 | |
JD.com, Inc.: | |||
Class A | 15,711 | 489,846 | |
sponsored ADR | 187,465 | 11,559,092 | |
Pinduoduo, Inc. ADR (b) | 277,578 | 11,960,836 | |
Wayfair LLC Class A (b) | 124,635 | 9,589,417 | |
Zomato Ltd. (a)(b) | 2,860,900 | 2,547,934 | |
403,993,821 | |||
Multiline Retail - 1.1% | |||
Dollar Tree, Inc. (b) | 279,763 | 45,447,499 | |
Nordstrom, Inc. | 188,217 | 4,837,177 | |
Ollie's Bargain Outlet Holdings, Inc. (b) | 98,366 | 4,726,486 | |
Target Corp. | 21,046 | 4,812,168 | |
59,823,330 | |||
Specialty Retail - 5.2% | |||
American Eagle Outfitters, Inc. (c) | 1,047,095 | 15,821,605 | |
Aritzia, Inc. (b) | 45,262 | 1,611,907 | |
Burlington Stores, Inc. (b) | 100,925 | 20,544,293 | |
Carvana Co. Class A (b) | 283,643 | 16,439,948 | |
Dick's Sporting Goods, Inc. (c) | 65,521 | 6,317,535 | |
Fanatics, Inc. Class A (a)(d) | 183,732 | 12,464,379 | |
Five Below, Inc. (b) | 147,259 | 23,134,389 | |
Floor & Decor Holdings, Inc. Class A (b) | 196,592 | 15,672,314 | |
JD Sports Fashion PLC | 950,230 | 1,565,671 | |
Lowe's Companies, Inc. | 469,130 | 92,761,075 | |
RH (b) | 97,440 | 32,751,533 | |
TJX Companies, Inc. | 412,226 | 25,261,209 | |
Victoria's Secret & Co. (b) | 421,677 | 19,869,420 | |
Warby Parker, Inc. (b)(c) | 489,094 | 11,390,999 | |
295,606,277 | |||
Textiles, Apparel & Luxury Goods - 4.0% | |||
Capri Holdings Ltd. (b) | 564,787 | 26,940,340 | |
Crocs, Inc. (b) | 318,670 | 21,169,248 | |
Deckers Outdoor Corp. (b) | 89,702 | 23,838,307 | |
Hermes International SCA | 1,418 | 1,748,475 | |
lululemon athletica, Inc. (b) | 172,367 | 61,126,509 | |
LVMH Moet Hennessy Louis Vuitton SE | 15,292 | 9,895,993 | |
Moncler SpA | 92,921 | 4,840,599 | |
NIKE, Inc. Class B | 469,847 | 58,589,921 | |
On Holding AG | 216,901 | 5,416,018 | |
PVH Corp. | 112,532 | 8,190,079 | |
Tapestry, Inc. | 138,859 | 4,571,238 | |
226,326,727 | |||
TOTAL CONSUMER DISCRETIONARY | 1,558,456,115 | ||
CONSUMER STAPLES - 1.0% | |||
Beverages - 0.6% | |||
Boston Beer Co., Inc. Class A (b) | 20,902 | 7,838,250 | |
Celsius Holdings, Inc. (b)(c) | 463,891 | 24,122,332 | |
The Coca-Cola Co. | 10,298 | 665,354 | |
32,625,936 | |||
Food & Staples Retailing - 0.3% | |||
Albertsons Companies, Inc. | 122,923 | 3,845,031 | |
BJ's Wholesale Club Holdings, Inc. (b) | 82,886 | 5,333,714 | |
Blink Health LLC Series A1 (a)(b)(d) | 5,757 | 186,584 | |
Performance Food Group Co. (b) | 59,266 | 2,918,851 | |
Sysco Corp. | 48,359 | 4,133,727 | |
The Real Good Food Co. LLC (d) | 139,521 | 1 | |
U.S. Foods Holding Corp. (b) | 58,562 | 2,203,102 | |
18,621,010 | |||
Food Products - 0.0% | |||
Sovos Brands, Inc. | 28,644 | 432,524 | |
The Real Good Food Co. LLC Class B unit | 139,521 | 988,981 | |
The Real Good Food Co., Inc. | 6,258 | 44,807 | |
1,466,312 | |||
Household Products - 0.1% | |||
Procter & Gamble Co. | 37,863 | 6,078,905 | |
Tobacco - 0.0% | |||
JUUL Labs, Inc. Class A (a)(b)(d) | 23,134 | 926,748 | |
TOTAL CONSUMER STAPLES | 59,718,911 | ||
ENERGY - 3.7% | |||
Energy Equipment & Services - 0.2% | |||
Halliburton Co. | 174,278 | 6,207,782 | |
U.S. Silica Holdings, Inc. (b) | 93,868 | 1,744,067 | |
7,951,849 | |||
Oil, Gas & Consumable Fuels - 3.5% | |||
Antero Resources Corp. (b) | 18,300 | 644,160 | |
Cenovus Energy, Inc. (Canada) | 216,831 | 4,008,669 | |
Cheniere Energy, Inc. | 31,673 | 4,301,510 | |
Denbury, Inc. (b) | 90,135 | 5,766,837 | |
Devon Energy Corp. | 224,245 | 13,044,332 | |
Diamondback Energy, Inc. | 158,619 | 20,022,476 | |
EOG Resources, Inc. | 198,789 | 23,210,604 | |
EQT Corp. | 9,692 | 385,257 | |
Equinor ASA | 49,291 | 1,666,015 | |
Exxon Mobil Corp. | 91,700 | 7,817,425 | |
Hess Corp. | 255,980 | 26,383,859 | |
Imperial Oil Ltd. | 11,900 | 599,145 | |
Marathon Oil Corp. | 225,152 | 5,610,788 | |
Occidental Petroleum Corp. | 89,163 | 4,911,990 | |
Phillips 66 Co. | 116,467 | 10,104,677 | |
Pioneer Natural Resources Co. | 74,206 | 17,250,669 | |
Reliance Industries Ltd. | 981,591 | 35,522,469 | |
Reliance Industries Ltd. sponsored GDR (e) | 47,787 | 3,417,245 | |
Valero Energy Corp. | 131,244 | 14,631,081 | |
199,299,208 | |||
TOTAL ENERGY | 207,251,057 | ||
FINANCIALS - 1.1% | |||
Banks - 0.4% | |||
Kotak Mahindra Bank Ltd. (b) | 72,602 | 1,681,616 | |
Wells Fargo & Co. | 535,510 | 23,364,301 | |
25,045,917 | |||
Consumer Finance - 0.6% | |||
American Express Co. | 192,105 | 33,562,665 | |
Diversified Financial Services - 0.1% | |||
Ant International Co. Ltd. Class C (a)(b)(d) | 403,977 | 658,483 | |
Berkshire Hathaway, Inc. Class B (b) | 5,552 | 1,792,352 | |
2,450,835 | |||
Insurance - 0.0% | |||
The Travelers Companies, Inc. | 2 | 342 | |
Thrifts & Mortgage Finance - 0.0% | |||
Housing Development Finance Corp. Ltd. | 65,160 | 1,877,721 | |
TOTAL FINANCIALS | 62,937,480 | ||
HEALTH CARE - 6.3% | |||
Biotechnology - 1.2% | |||
ADC Therapeutics SA (b) | 43,467 | 511,607 | |
Alnylam Pharmaceuticals, Inc. (b) | 85,257 | 11,375,842 | |
Arcutis Biotherapeutics, Inc. (b) | 53,611 | 1,082,406 | |
Argenx SE ADR (b) | 9,735 | 2,797,060 | |
Ascendis Pharma A/S sponsored ADR (b) | 46,765 | 4,268,242 | |
Avidity Biosciences, Inc. (b) | 22,077 | 315,701 | |
BioNTech SE ADR (b)(c) | 15,146 | 2,101,962 | |
Cerevel Therapeutics Holdings (b) | 72,273 | 2,116,153 | |
Cibus Corp. Series C (a)(b)(d)(f) | 500,651 | 1,226,595 | |
Day One Biopharmaceuticals, Inc. (b)(c) | 69,886 | 595,429 | |
Erasca, Inc. | 39,084 | 284,532 | |
Generation Bio Co. (b) | 74,345 | 470,604 | |
Horizon Therapeutics PLC (b) | 217,194 | 21,406,641 | |
Immunocore Holdings PLC ADR (b) | 118 | 3,848 | |
Instil Bio, Inc. (b) | 65,379 | 462,230 | |
Karuna Therapeutics, Inc. (b) | 18,222 | 2,031,024 | |
Regeneron Pharmaceuticals, Inc. (b) | 12,198 | 8,039,824 | |
Relay Therapeutics, Inc. (b) | 31,103 | 741,184 | |
Vertex Pharmaceuticals, Inc. (b) | 21,540 | 5,885,159 | |
Verve Therapeutics, Inc. | 55,984 | 835,281 | |
Xencor, Inc. (b) | 36,709 | 916,991 | |
67,468,315 | |||
Health Care Equipment & Supplies - 1.7% | |||
Axonics Modulation Technologies, Inc. (b) | 78,439 | 4,064,709 | |
Boston Scientific Corp. (b) | 85,194 | 3,587,519 | |
DexCom, Inc. (b) | 80,408 | 32,853,101 | |
Il Makiage Ltd. (a)(d) | 1,393 | 1,199,122 | |
Insulet Corp. (b) | 31,562 | 7,543,002 | |
Intuitive Surgical, Inc. (b) | 93,155 | 22,291,992 | |
Outset Medical, Inc. (b) | 27,465 | 957,979 | |
Shockwave Medical, Inc. (b) | 94,992 | 14,356,141 | |
Tandem Diabetes Care, Inc. (b) | 84,051 | 8,109,240 | |
94,962,805 | |||
Health Care Providers & Services - 1.0% | |||
agilon health, Inc. (b) | 47,339 | 841,214 | |
Alignment Healthcare, Inc. (b) | 102,588 | 985,871 | |
AmerisourceBergen Corp. | 6,159 | 931,795 | |
Anthem, Inc. | 2,400 | 1,204,632 | |
Centene Corp. (b) | 29,925 | 2,410,459 | |
Guardant Health, Inc. (b) | 145,200 | 8,958,840 | |
LifeStance Health Group, Inc. | 300,380 | 2,033,573 | |
McKesson Corp. | 4,341 | 1,344,017 | |
Surgery Partners, Inc. (b) | 71,395 | 3,652,568 | |
UnitedHealth Group, Inc. | 62,417 | 31,742,165 | |
54,105,134 | |||
Health Care Technology - 0.0% | |||
Certara, Inc. (b) | 47,192 | 865,973 | |
MultiPlan Corp. warrants (a)(b) | 13,856 | 7,015 | |
872,988 | |||
Life Sciences Tools & Services - 0.5% | |||
Danaher Corp. | 78,554 | 19,727,266 | |
ICON PLC (b) | 12,717 | 2,876,713 | |
Olink Holding AB ADR (b) | 76,984 | 1,114,728 | |
Seer, Inc. (b) | 38,079 | 277,215 | |
Thermo Fisher Scientific, Inc. | 7,340 | 4,058,433 | |
Veterinary Emergency Group LLC Class A (a)(d)(f) | 62,379 | 3,267,025 | |
31,321,380 | |||
Pharmaceuticals - 1.9% | |||
Eli Lilly & Co. | 207,731 | 60,684,457 | |
GH Research PLC | 23,897 | 347,940 | |
Intra-Cellular Therapies, Inc. (b) | 23,751 | 1,202,038 | |
Nuvation Bio, Inc. (b) | 133,823 | 623,615 | |
Roche Holding AG (participation certificate) | 4,510 | 1,672,371 | |
Zoetis, Inc. Class A | 253,289 | 44,895,475 | |
109,425,896 | |||
TOTAL HEALTH CARE | 358,156,518 | ||
INDUSTRIALS - 5.3% | |||
Aerospace & Defense - 0.5% | |||
Airbus Group NV | 33,658 | 3,684,605 | |
General Dynamics Corp. | 4,746 | 1,122,571 | |
Howmet Aerospace, Inc. | 153,360 | 5,232,643 | |
L3Harris Technologies, Inc. | 6,764 | 1,571,007 | |
Lockheed Martin Corp. | 5,250 | 2,268,630 | |
Northrop Grumman Corp. | 5,250 | 2,306,850 | |
Raytheon Technologies Corp. | 6,259 | 594,042 | |
Space Exploration Technologies Corp. Class A (a)(b)(d) | 22,000 | 1,232,000 | |
The Boeing Co. (b) | 71,654 | 10,664,981 | |
28,677,329 | |||
Airlines - 0.3% | |||
Alaska Air Group, Inc. (b) | 45,736 | 2,487,581 | |
Delta Air Lines, Inc. (b) | 178,667 | 7,688,041 | |
Ryanair Holdings PLC sponsored ADR (b) | 69,540 | 6,072,233 | |
Southwest Airlines Co. (b) | 37,051 | 1,731,023 | |
17,978,878 | |||
Commercial Services & Supplies - 0.1% | |||
ACV Auctions, Inc. Class A (b) | 359,343 | 4,797,229 | |
Construction & Engineering - 0.0% | |||
Fluor Corp. (b) | 78,038 | 1,931,441 | |
Electrical Equipment - 0.4% | |||
Acuity Brands, Inc. | 85,966 | 14,827,416 | |
Generac Holdings, Inc. (b) | 34,065 | 7,473,180 | |
22,300,596 | |||
Industrial Conglomerates - 0.3% | |||
General Electric Co. | 224,616 | 16,745,123 | |
Machinery - 0.3% | |||
Caterpillar, Inc. | 2,726 | 573,932 | |
Deere & Co. | 38,203 | 14,423,543 | |
14,997,475 | |||
Road & Rail - 3.4% | |||
Avis Budget Group, Inc. (b) | 45,344 | 12,137,228 | |
Bird Global, Inc. (a) | 201,367 | 362,461 | |
Bird Global, Inc. | 663,983 | 1,183,218 | |
Bird Global, Inc.: | |||
rights (b)(d) | 25,742 | 10,297 | |
rights (b)(d) | 25,742 | 5,148 | |
rights (b)(d) | 25,741 | 2,317 | |
Class A (b)(c) | 564,914 | 1,016,845 | |
Hertz Global Holdings, Inc. (c) | 389,769 | 7,818,766 | |
Lyft, Inc. (b) | 2,591,004 | 84,466,730 | |
Uber Technologies, Inc. (b) | 2,680,974 | 84,397,062 | |
191,400,072 | |||
Transportation Infrastructure - 0.0% | |||
Delhivery Private Ltd. (a)(d) | 271,900 | 1,640,246 | |
TOTAL INDUSTRIALS | 300,468,389 | ||
INFORMATION TECHNOLOGY - 36.4% | |||
Communications Equipment - 0.2% | |||
Arista Networks, Inc. (b) | 108,460 | 12,534,722 | |
Electronic Equipment & Components - 0.1% | |||
II-VI, Inc. (b) | 23,898 | 1,462,797 | |
IT Services - 2.7% | |||
Block, Inc. Class A (b) | 131,719 | 13,111,309 | |
Digitalocean Holdings, Inc. (b)(c) | 124,085 | 4,892,672 | |
Flywire Corp. (b) | 157,774 | 4,813,685 | |
MasterCard, Inc. Class A | 179,517 | 65,232,887 | |
MongoDB, Inc. Class A (b) | 27,602 | 9,796,778 | |
Okta, Inc. (b) | 126,826 | 15,131,610 | |
PayPal Holdings, Inc. (b) | 6,900 | 606,717 | |
Shift4 Payments, Inc. (b)(c) | 120,703 | 6,332,079 | |
TDCX, Inc. ADR | 96,509 | 1,336,650 | |
Thoughtworks Holding, Inc. (c) | 44,167 | 817,531 | |
Twilio, Inc. Class A (b) | 204,952 | 22,917,733 | |
Visa, Inc. Class A | 42,688 | 9,098,093 | |
154,087,744 | |||
Semiconductors & Semiconductor Equipment - 12.0% | |||
Advanced Micro Devices, Inc. (b) | 295,921 | 25,307,164 | |
ASML Holding NV | 10,494 | 5,916,202 | |
Cirrus Logic, Inc. (b) | 80,609 | 6,110,162 | |
GlobalFoundries, Inc. | 415,891 | 21,746,940 | |
Lam Research Corp. | 10,244 | 4,771,245 | |
Marvell Technology, Inc. | 3,344,682 | 194,259,131 | |
NVIDIA Corp. | 1,524,671 | 282,780,730 | |
NXP Semiconductors NV | 481,522 | 82,292,110 | |
onsemi (b) | 303,616 | 15,821,430 | |
Synaptics, Inc. (b) | 18,466 | 2,741,093 | |
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR | 104,867 | 9,745,290 | |
Teradyne, Inc. | 218,493 | 23,042,272 | |
Wolfspeed, Inc. (b)(c) | 41,630 | 3,817,887 | |
678,351,656 | |||
Software - 10.6% | |||
Atlassian Corp. PLC (b) | 33,123 | 7,447,044 | |
Cadence Design Systems, Inc. (b) | 44,084 | 6,650,071 | |
Confluent, Inc. (c) | 97,978 | 3,060,833 | |
Coupa Software, Inc. (b) | 99,250 | 8,565,275 | |
Crowdstrike Holdings, Inc. (b) | 78,965 | 15,695,083 | |
Datadog, Inc. Class A (b) | 30,341 | 3,664,586 | |
DoubleVerify Holdings, Inc. (b) | 111,953 | 2,434,978 | |
EngageSmart, Inc. | 218,776 | 4,568,043 | |
Epic Games, Inc. (a)(b)(d) | 607 | 564,510 | |
HashiCorp, Inc. (c) | 31,101 | 1,464,235 | |
HubSpot, Inc. (b) | 53,137 | 20,161,772 | |
Intuit, Inc. | 71,346 | 29,876,138 | |
Microsoft Corp. | 1,364,708 | 378,733,764 | |
Pine Labs Private Ltd. (a)(d) | 1,109 | 620,596 | |
Qualtrics International, Inc. (b) | 145,543 | 2,698,367 | |
Rapid7, Inc. (b) | 6,786 | 648,199 | |
Riskified Ltd. Class A (e) | 6,825 | 35,695 | |
Salesforce.com, Inc. (b) | 448,842 | 78,969,261 | |
Samsara, Inc. (c) | 122,693 | 1,514,032 | |
ServiceNow, Inc. (b) | 30,882 | 14,764,684 | |
Stripe, Inc. Class B (a)(b)(d) | 19,200 | 615,360 | |
Zoom Video Communications, Inc. Class A (b) | 174,554 | 17,380,342 | |
600,132,868 | |||
Technology Hardware, Storage & Peripherals - 10.8% | |||
Apple, Inc. | 3,884,865 | 612,448,972 | |
TOTAL INFORMATION TECHNOLOGY | 2,059,018,759 | ||
MATERIALS - 1.8% | |||
Chemicals - 1.2% | |||
Cabot Corp. | 55,436 | 3,650,461 | |
CF Industries Holdings, Inc. | 142,100 | 13,759,543 | |
Corteva, Inc. | 15,322 | 883,926 | |
Nutrien Ltd. | 269,711 | 26,503,963 | |
Sociedad Quimica y Minera de Chile SA (PN-B) sponsored ADR | 15,800 | 1,166,040 | |
The Mosaic Co. | 341,232 | 21,299,701 | |
67,263,634 | |||
Metals & Mining - 0.6% | |||
ArcelorMittal SA Class A unit GDR (c) | 165,667 | 4,844,103 | |
Freeport-McMoRan, Inc. | 697,833 | 28,297,128 | |
Glencore Xstrata PLC | 90,557 | 557,982 | |
33,699,213 | |||
TOTAL MATERIALS | 100,962,847 | ||
REAL ESTATE - 0.2% | |||
Real Estate Management & Development - 0.2% | |||
WeWork, Inc. (b) | 1,275,875 | 8,943,884 | |
UTILITIES - 0.1% | |||
Electric Utilities - 0.1% | |||
ORSTED A/S (e) | 11,407 | 1,261,962 | |
PG&E Corp. (b) | 99,000 | 1,252,350 | |
Southern Co. | 18,576 | 1,363,293 | |
3,877,605 | |||
Multi-Utilities - 0.0% | |||
Sempra Energy | 12,215 | 1,971,012 | |
TOTAL UTILITIES | 5,848,617 | ||
TOTAL COMMON STOCKS (Cost $4,092,600,401) | 5,392,680,307 | ||
Preferred Stocks - 1.6% | |||
Shares | Value ($) | ||
Convertible Preferred Stocks - 1.4% | |||
COMMUNICATION SERVICES - 0.0% | |||
Interactive Media & Services - 0.0% | |||
Reddit, Inc.: | |||
Series E(a)(d) | 4,835 | 191,708 | |
Series F(a)(d) | 51,156 | 2,028,335 | |
2,220,043 | |||
CONSUMER DISCRETIONARY - 0.3% | |||
Automobiles - 0.0% | |||
Rad Power Bikes, Inc.: | |||
Series A(a)(b)(d) | 13,256 | 95,046 | |
Series C(a)(b)(d) | 52,162 | 374,002 | |
Series D(a)(d) | 102,800 | 737,076 | |
1,206,124 | |||
Hotels, Restaurants & Leisure - 0.0% | |||
Discord, Inc. Series I (a)(d) | 700 | 385,437 | |
Internet & Direct Marketing Retail - 0.2% | |||
GoBrands, Inc.: | |||
Series G(a)(b)(d) | 18,300 | 6,168,747 | |
Series H(a)(d) | 11,467 | 3,865,411 | |
Instacart, Inc.: | |||
Series H(a)(b)(d) | 27,205 | 1,764,244 | |
Series I(a)(b)(d) | 13,064 | 847,200 | |
12,645,602 | |||
Textiles, Apparel & Luxury Goods - 0.1% | |||
Algolia SAS Series D (a)(d) | 30,436 | 890,102 | |
CelLink Corp. Series D (a)(d) | 92,760 | 1,931,625 | |
2,821,727 | |||
TOTAL CONSUMER DISCRETIONARY | 17,058,890 | ||
CONSUMER STAPLES - 0.1% | |||
Food & Staples Retailing - 0.0% | |||
Blink Health LLC Series C (a)(b)(d) | 16,970 | 549,998 | |
Food Products - 0.1% | |||
AgBiome LLC Series C (a)(b)(d) | 68,700 | 405,330 | |
Bowery Farming, Inc. Series C1 (a)(d) | 17,874 | 788,243 | |
1,193,573 | |||
Tobacco - 0.0% | |||
JUUL Labs, Inc. Series E (a)(b)(d) | 12,508 | 501,070 | |
TOTAL CONSUMER STAPLES | 2,244,641 | ||
INDUSTRIALS - 0.3% | |||
Aerospace & Defense - 0.3% | |||
ABL Space Systems: | |||
Series B(a)(b)(d) | 29,724 | 2,021,116 | |
Series B2(a)(d) | 17,155 | 1,166,473 | |
Relativity Space, Inc. Series E (a)(d) | 276,014 | 5,890,139 | |
Space Exploration Technologies Corp. Series N (a)(b)(d) | 8,141 | 4,558,960 | |
13,636,688 | |||
Construction & Engineering - 0.0% | |||
Beta Technologies, Inc. Series A (a)(d) | 11,104 | 1,145,600 | |
TOTAL INDUSTRIALS | 14,782,288 | ||
INFORMATION TECHNOLOGY - 0.6% | |||
Communications Equipment - 0.1% | |||
Meesho Series F (a)(d) | 63,600 | 4,876,358 | |
Xsight Labs Ltd. Series D (a)(b)(d) | 130,900 | 979,132 | |
5,855,490 | |||
Electronic Equipment & Components - 0.1% | |||
Enevate Corp. Series E (a)(b)(d) | 1,325,513 | 1,469,575 | |
Menlo Micro, Inc. Series C (a)(d) | 560,500 | 589,926 | |
2,059,501 | |||
IT Services - 0.1% | |||
ByteDance Ltd. Series E1 (a)(b)(d) | 31,950 | 4,091,837 | |
Yanka Industries, Inc. Series F (a)(d) | 55,991 | 1,168,532 | |
5,260,369 | |||
Semiconductors & Semiconductor Equipment - 0.1% | |||
Alif Semiconductor Series C (a)(d) | 47,598 | 966,170 | |
Astera Labs, Inc. Series C (a)(d) | 180,900 | 548,127 | |
GaN Systems, Inc.: | |||
Series F1(a)(d) | 78,477 | 526,581 | |
Series F2(a)(d) | 41,439 | 278,056 | |
SiMa.ai: | |||
Series B(a)(d) | 313,000 | 2,219,452 | |
Series B1(a)(d) | 20,966 | 148,668 | |
4,687,054 | |||
Software - 0.2% | |||
Bolt Technology OU Series E (a)(d) | 20,165 | 4,892,805 | |
Databricks, Inc.: | |||
Series G(a)(b)(d) | 16,000 | 2,677,600 | |
Series H(a)(d) | 10,524 | 1,761,191 | |
Mountain Digital, Inc. Series D (a)(d) | 62,139 | 1,427,041 | |
Nuvia, Inc. Series B (a)(b) | 178,648 | 145,995 | |
Skyryse, Inc. Series B (a)(d) | 67,400 | 1,663,430 | |
Stripe, Inc. Series H (a)(b)(d) | 8,086 | 259,156 | |
Tenstorrent, Inc. Series C1 (a)(d) | 8,600 | 484,008 | |
13,311,226 | |||
TOTAL INFORMATION TECHNOLOGY | 31,173,640 | ||
MATERIALS - 0.1% | |||
Metals & Mining - 0.1% | |||
Diamond Foundry, Inc. Series C (a)(b)(d) | 249,802 | 7,039,420 | |
UTILITIES - 0.0% | |||
Independent Power and Renewable Electricity Producers - 0.0% | |||
Redwood Materials Series C (a)(d) | 37,990 | 1,800,858 | |
TOTAL CONVERTIBLE PREFERRED STOCKS | 76,319,780 | ||
Nonconvertible Preferred Stocks - 0.2% | |||
CONSUMER DISCRETIONARY - 0.1% | |||
Automobiles - 0.0% | |||
Neutron Holdings, Inc.: | |||
Series 1C(a)(b)(d) | 3,178,083 | 108,373 | |
Series 1D(a)(b)(d) | 5,904,173 | 201,332 | |
Waymo LLC Series A2 (a)(b)(d) | 7,817 | 716,991 | |
1,026,696 | |||
Internet & Direct Marketing Retail - 0.1% | |||
Circle Internet Financial Ltd. Series E (a) | 137,547 | 6,288,154 | |
TOTAL CONSUMER DISCRETIONARY | 7,314,850 | ||
INFORMATION TECHNOLOGY - 0.1% | |||
IT Services - 0.0% | |||
Gupshup, Inc. (a)(d) | 78,911 | 1,500,887 | |
Software - 0.1% | |||
Pine Labs Private Ltd.: | |||
Series 1(a)(d) | 2,652 | 1,484,059 | |
Series A(a)(d) | 663 | 371,015 | |
Series B(a)(d) | 721 | 403,472 | |
Series B2(a)(d) | 583 | 326,247 | |
Series C(a)(d) | 1,085 | 607,166 | |
Series C1(a)(d) | 228 | 127,589 | |
Series D(a)(d) | 244 | 136,542 | |
3,456,090 | |||
TOTAL INFORMATION TECHNOLOGY | 4,956,977 | ||
TOTAL NONCONVERTIBLE PREFERRED STOCKS | 12,271,827 | ||
TOTAL PREFERRED STOCKS (Cost $83,541,451) | 88,591,607 | ||
Convertible Bonds - 0.1% | |||
Principal Amount (g) | Value ($) | ||
CONSUMER DISCRETIONARY - 0.1% | |||
Automobiles - 0.1% | |||
Neutron Holdings, Inc.: | |||
0% 10/27/25 (a)(d)(h) | 2,430,300 | 2,327,498 | |
4% 5/22/27 (a)(d) | 237,400 | 325,452 | |
4% 6/12/27 (a)(d) | 64,200 | 88,012 | |
2,740,962 | |||
FINANCIALS - 0.0% | |||
Diversified Financial Services - 0.0% | |||
ZKH Group Ltd. 8% 12/23/22 (a)(d) | 1,427,037 | 1,427,037 | |
TOTAL CONVERTIBLE BONDS (Cost $4,158,937) | 4,167,999 | ||
Preferred Securities - 0.0% | |||
Principal Amount (g) | Value ($) | ||
INFORMATION TECHNOLOGY - 0.0% | |||
Electronic Equipment & Components - 0.0% | |||
Enevate Corp. 0% 1/29/23 (a)(d) | 564,345 | 564,345 | |
Semiconductors & Semiconductor Equipment - 0.0% | |||
GaN Systems, Inc. 0% (a)(d)(i) | 1,839,388 | 1,839,388 | |
Software - 0.0% | |||
Tenstorrent, Inc. 0% (a)(d)(i) | 480,000 | 480,000 | |
TOTAL PREFERRED SECURITIES (Cost $2,883,733) | 2,883,733 | ||
Money Market Funds - 2.5% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 0.32% (j) | 87,390,291 | 87,407,769 | |
Fidelity Securities Lending Cash Central Fund 0.32% (j)(k) | 56,831,433 | 56,837,116 | |
TOTAL MONEY MARKET FUNDS (Cost $144,244,885) | 144,244,885 | ||
Equity Funds - 1.6% | |||
Shares | Value ($) | ||
Domestic Equity Funds - 1.6% | |||
iShares Russell 1000 Growth Index ETF (c) (Cost $96,876,203) | 360,900 | 87,969,375 | |
TOTAL INVESTMENT IN SECURITIES - 101.0% (Cost $4,424,305,610) | 5,720,537,906 |
NET OTHER ASSETS (LIABILITIES) - (1.0)% | (57,194,706) |
NET ASSETS - 100.0% | 5,663,343,200 |
Security Type Abbreviations
ETF | - | EXCHANGE-TRADED FUND |
Legend
(a) | 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 $136,668,304 or 2.4% of net assets. |
(b) | Non-income producing |
(c) | Security or a portion of the security is on loan at period end. |
(d) | Level 3 security |
(e) | 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 $5,589,548 or 0.1% of net assets. |
(f) | Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes. |
(g) | Amount is stated in United States dollars unless otherwise noted. |
(h) | Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. The rate shown is the rate at period end. |
(i) | Security is perpetual in nature with no stated maturity date. |
(j) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
(k) | Investment made with cash collateral received from securities on loan. |
Additional information on each restricted holding is as follows: | ||
Security | Acquisition Date | Acquisition Cost ($) |
ABL Space Systems Series B | 3/24/21 | 1,338,638 |
ABL Space Systems Series B2 | 10/22/21 | 1,166,473 |
AgBiome LLC Series C | 6/29/18 | 435,125 |
Algolia SAS Series D | 7/23/21 | 890,102 |
Alif Semiconductor Series C | 3/08/22 | 966,170 |
Ant International Co. Ltd. Class C | 5/16/18 | 1,539,709 |
Astera Labs, Inc. Series C | 8/24/21 | 608,150 |
BARK, Inc. | 12/17/20 - 12/03/21 | 2,270,221 |
Beta Technologies, Inc. Series A | 4/09/21 | 813,590 |
Bird Global, Inc. | 5/11/21 | 2,013,670 |
Blink Health LLC Series A1 | 12/30/20 | 155,957 |
Blink Health LLC Series C | 11/07/19 - 7/14/21 | 647,847 |
Bolt Technology OU Series E | 1/03/22 | 5,238,796 |
Bowery Farming, Inc. Series C1 | 5/18/21 | 1,076,896 |
ByteDance Ltd. Series E1 | 11/18/20 | 3,500,895 |
CelLink Corp. Series D | 1/20/22 | 1,931,625 |
Cibus Corp. Series C | 2/16/18 - 6/23/21 | 859,091 |
Circle Internet Financial Ltd. Series E | 5/11/21 | 2,232,400 |
Databricks, Inc. Series G | 2/01/21 | 2,837,886 |
Databricks, Inc. Series H | 8/31/21 | 2,320,041 |
Delhivery Private Ltd. | 5/20/21 | 1,327,209 |
Diamond Foundry, Inc. Series C | 3/15/21 | 5,995,248 |
Discord, Inc. Series I | 9/15/21 | 385,437 |
Enevate Corp. Series E | 1/29/21 | 1,469,576 |
Enevate Corp. 0% 1/29/23 | 1/29/21 | 564,345 |
Epic Games, Inc. | 7/30/20 | 349,025 |
Fanatics, Inc. Class A | 8/13/20 - 12/15/21 | 6,838,362 |
FSN E-Commerce Ventures Private Ltd. | 10/07/20 - 10/26/20 | 1,727,161 |
GaN Systems, Inc. Series F1 | 11/30/21 | 665,485 |
GaN Systems, Inc. Series F2 | 11/30/21 | 351,403 |
GaN Systems, Inc. 0% | 11/30/21 | 1,839,388 |
GoBrands, Inc. Series G | 3/02/21 | 4,569,827 |
GoBrands, Inc. Series H | 7/22/21 | 4,454,821 |
Gupshup, Inc. | 6/08/21 | 1,804,316 |
Il Makiage Ltd. | 1/06/22 | 1,199,122 |
Instacart, Inc. Series H | 11/13/20 | 1,632,300 |
Instacart, Inc. Series I | 2/26/21 | 1,633,000 |
JUUL Labs, Inc. Class A | 12/20/17 - 7/06/18 | 645,585 |
JUUL Labs, Inc. Series E | 12/20/17 - 7/06/18 | 342,963 |
Meesho Series F | 9/21/21 | 4,876,358 |
Menlo Micro, Inc. Series C | 2/09/22 | 742,943 |
Mountain Digital, Inc. Series D | 11/05/21 | 1,427,041 |
MultiPlan Corp. warrants | 10/08/20 | 0 |
Neutron Holdings, Inc. | 2/04/21 | 4,916 |
Neutron Holdings, Inc. Series 1C | 7/03/18 | 581,081 |
Neutron Holdings, Inc. Series 1D | 1/25/19 | 1,431,762 |
Neutron Holdings, Inc. 0% 10/27/25 | 10/29/21 | 2,430,300 |
Neutron Holdings, Inc. 4% 5/22/27 | 6/04/20 | 237,400 |
Neutron Holdings, Inc. 4% 6/12/27 | 6/12/20 | 64,200 |
Nuvia, Inc. Series B | 3/16/21 | 145,994 |
Pine Labs Private Ltd. | 6/30/21 | 413,502 |
Pine Labs Private Ltd. Series 1 | 6/30/21 | 988,825 |
Pine Labs Private Ltd. Series A | 6/30/21 | 247,206 |
Pine Labs Private Ltd. Series B | 6/30/21 | 268,832 |
Pine Labs Private Ltd. Series B2 | 6/30/21 | 217,377 |
Pine Labs Private Ltd. Series C | 6/30/21 | 404,553 |
Pine Labs Private Ltd. Series C1 | 6/30/21 | 85,012 |
Pine Labs Private Ltd. Series D | 6/30/21 | 90,978 |
Rad Power Bikes, Inc. | 1/21/21 | 490,493 |
Rad Power Bikes, Inc. Series A | 1/21/21 | 63,945 |
Rad Power Bikes, Inc. Series C | 1/21/21 | 251,621 |
Rad Power Bikes, Inc. Series D | 9/17/21 | 985,215 |
Reddit, Inc. Series E | 5/18/21 | 205,363 |
Reddit, Inc. Series F | 8/11/21 | 3,161,154 |
Redwood Materials Series C | 5/28/21 | 1,800,858 |
Relativity Space, Inc. Series E | 5/27/21 | 6,302,807 |
SiMa.ai Series B | 5/10/21 | 1,604,876 |
SiMa.ai Series B1 | 4/25/22 | 148,668 |
Skyryse, Inc. Series B | 10/21/21 | 1,663,430 |
Space Exploration Technologies Corp. Class A | 2/16/21 | 923,978 |
Space Exploration Technologies Corp. Series N | 8/04/20 | 2,198,070 |
Starry Group Holdings, Inc. | 10/06/21 | 194,310 |
Stripe, Inc. Class B | 5/18/21 | 770,465 |
Stripe, Inc. Series H | 3/15/21 | 324,451 |
Tenstorrent, Inc. Series C1 | 4/23/21 | 511,307 |
Tenstorrent, Inc. 0% | 4/23/21 | 480,000 |
Veterinary Emergency Group LLC Class A | 9/16/21 - 3/17/22 | 2,587,343 |
Waymo LLC Series A2 | 5/08/20 | 671,224 |
Xsight Labs Ltd. Series D | 2/16/21 | 1,046,676 |
Yanka Industries, Inc. Series F | 4/08/21 | 1,784,814 |
ZKH Group Ltd. 8% 12/23/22 | 2/24/22 | 1,427,037 |
Zomato Ltd. | 12/09/20 - 2/10/21 | 2,004,664 |
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 0.32% | 145,904,096 | 992,980,433 | 1,051,476,760 | 53,079 | - | - | 87,407,769 | 0.2% |
Fidelity Securities Lending Cash Central Fund 0.32% | 76,396,587 | 1,032,824,454 | 1,052,383,925 | 1,053,766 | - | - | 56,837,116 | 0.1% |
Total | 222,300,683 | 2,025,804,887 | 2,103,860,685 | 1,106,845 | - | - | 144,244,885 |
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.
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, changes in interest rates and credit quality. 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 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 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 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.
Securities, including private placements or other restricted securities, for which observable inputs are not available are valued using alternate valuation approaches, including the market approach, the income approach and cost approach, and are categorized as Level 3 in the hierarchy. The market approach considers factors including the price of recent investments in the same or a similar security or financial metrics of comparable securities. The income approach considers factors including expected future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Convertible Bonds and Preferred Securities are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
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 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 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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