Quarterly Holdings Report
for
Fidelity® Series Blue Chip Growth Fund
April 30, 2023
XS1-NPRT3-0623
1.967990.109
Common Stocks - 97.6% | |||
Shares | Value ($) | ||
COMMUNICATION SERVICES - 13.2% | |||
Entertainment - 2.7% | |||
Activision Blizzard, Inc. | 45,400 | 3,528,034 | |
Bilibili, Inc. ADR (a)(b) | 269,600 | 5,489,056 | |
Netflix, Inc. (a) | 471,624 | 155,602,906 | |
Sea Ltd. ADR (a) | 697,231 | 53,108,085 | |
Take-Two Interactive Software, Inc. (a) | 21,200 | 2,634,948 | |
Universal Music Group NV | 390,776 | 8,530,108 | |
228,893,137 | |||
Interactive Media & Services - 10.4% | |||
Alphabet, Inc. Class A (a) | 3,957,060 | 424,750,820 | |
Epic Games, Inc. (a)(c)(d) | 1,076 | 803,449 | |
Meta Platforms, Inc. Class A (a) | 1,448,710 | 348,153,987 | |
Snap, Inc. Class A (a) | 11,348,666 | 98,846,881 | |
872,555,137 | |||
Wireless Telecommunication Services - 0.1% | |||
Rogers Communications, Inc. Class B (non-vtg.) | 17,500 | 864,634 | |
T-Mobile U.S., Inc. (a) | 44,700 | 6,432,330 | |
7,296,964 | |||
TOTAL COMMUNICATION SERVICES | 1,108,745,238 | ||
CONSUMER DISCRETIONARY - 23.3% | |||
Automobile Components - 0.1% | |||
Aptiv PLC (a) | 58,500 | 6,017,310 | |
Automobiles - 2.2% | |||
Neutron Holdings, Inc. (a)(c)(d) | 691,699 | 18,607 | |
Rad Power Bikes, Inc. (a)(c)(d) | 110,210 | 340,549 | |
Rivian Automotive, Inc. (a)(b) | 1,296,195 | 16,617,220 | |
Tesla, Inc. (a) | 1,041,405 | 171,113,256 | |
188,089,632 | |||
Broadline Retail - 7.6% | |||
Alibaba Group Holding Ltd. sponsored ADR (a) | 351,000 | 29,726,190 | |
Amazon.com, Inc. (a) | 5,694,700 | 600,506,115 | |
MercadoLibre, Inc. (a) | 700 | 894,243 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 120,800 | 7,882,200 | |
639,008,748 | |||
Diversified Consumer Services - 0.1% | |||
New Oriental Education & Technology Group, Inc. sponsored ADR (a) | 157,122 | 7,163,192 | |
Hotels, Restaurants & Leisure - 3.4% | |||
Airbnb, Inc. Class A (a) | 630,100 | 75,404,067 | |
Caesars Entertainment, Inc. (a) | 815,747 | 36,945,182 | |
Chipotle Mexican Grill, Inc. (a) | 3,242 | 6,703,224 | |
Deliveroo PLC Class A (a)(e) | 400,600 | 550,779 | |
Draftkings Holdings, Inc. (b) | 118,500 | 2,596,335 | |
Flutter Entertainment PLC (a) | 38,800 | 7,760,456 | |
Hilton Worldwide Holdings, Inc. | 155,900 | 22,452,718 | |
Marriott International, Inc. Class A | 248,600 | 42,097,924 | |
McDonald's Corp. | 19,800 | 5,855,850 | |
Penn Entertainment, Inc. (a) | 1,318,643 | 39,282,375 | |
Restaurant Brands International, Inc. | 62,300 | 4,367,461 | |
Starbucks Corp. | 167,200 | 19,109,288 | |
Sweetgreen, Inc. Class A (a) | 1,168,526 | 9,278,096 | |
Trip.com Group Ltd. ADR (a) | 176,600 | 6,271,066 | |
Yum China Holdings, Inc. | 91,400 | 5,591,852 | |
Yum! Brands, Inc. | 20,700 | 2,910,006 | |
287,176,679 | |||
Household Durables - 0.0% | |||
D.R. Horton, Inc. | 6,100 | 669,902 | |
Lennar Corp. Class A | 10,000 | 1,128,100 | |
Sony Group Corp. sponsored ADR | 18,600 | 1,667,862 | |
Toll Brothers, Inc. | 6,800 | 434,588 | |
3,900,452 | |||
Leisure Products - 0.0% | |||
Peloton Interactive, Inc. Class A (a) | 420,600 | 3,734,928 | |
Specialty Retail - 4.4% | |||
American Eagle Outfitters, Inc. | 2,254,986 | 30,194,263 | |
Bath & Body Works, Inc. | 106,700 | 3,745,170 | |
Fanatics, Inc. Class A (a)(c)(d) | 159,285 | 11,732,933 | |
Fast Retailing Co. Ltd. | 4,200 | 994,567 | |
Five Below, Inc. (a) | 168,884 | 33,330,946 | |
Foot Locker, Inc. | 314,600 | 13,210,054 | |
FSN E-Commerce Ventures Private Ltd. | 1,696,260 | 2,555,412 | |
Lowe's Companies, Inc. | 709,006 | 147,352,717 | |
RH (a) | 148,004 | 37,760,261 | |
TJX Companies, Inc. | 602,000 | 47,449,640 | |
Victoria's Secret & Co. (a) | 539,727 | 16,736,934 | |
Warby Parker, Inc. (a) | 1,082,679 | 11,400,610 | |
Wayfair LLC Class A (a) | 248,080 | 8,640,626 | |
Williams-Sonoma, Inc. | 41,500 | 5,023,160 | |
370,127,293 | |||
Textiles, Apparel & Luxury Goods - 5.5% | |||
Capri Holdings Ltd. (a) | 635,900 | 26,389,850 | |
Compagnie Financiere Richemont SA Series A | 40,920 | 6,764,112 | |
Crocs, Inc. (a) | 239,484 | 29,616,986 | |
Deckers Outdoor Corp. (a) | 91,416 | 43,819,345 | |
Hermes International SCA | 4,601 | 9,971,365 | |
lululemon athletica, Inc. (a) | 562,974 | 213,890,712 | |
LVMH Moet Hennessy Louis Vuitton SE | 28,261 | 27,183,728 | |
NIKE, Inc. Class B | 692,613 | 87,767,919 | |
On Holding AG (a) | 319,500 | 10,367,775 | |
Tory Burch LLC (a)(c)(d)(f) | 106,817 | 3,615,755 | |
459,387,547 | |||
TOTAL CONSUMER DISCRETIONARY | 1,964,605,781 | ||
CONSUMER STAPLES - 2.2% | |||
Beverages - 1.1% | |||
Boston Beer Co., Inc. Class A (a) | 26,100 | 8,287,011 | |
Celsius Holdings, Inc. (a)(b) | 765,015 | 73,112,484 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 14,200 | 3,258,474 | |
PepsiCo, Inc. | 17,500 | 3,340,575 | |
87,998,544 | |||
Consumer Staples Distribution & Retail - 1.0% | |||
Costco Wholesale Corp. | 1,300 | 654,186 | |
Dollar Tree, Inc. (a) | 455,200 | 69,968,792 | |
Target Corp. | 44,800 | 7,067,200 | |
Walmart, Inc. | 60,400 | 9,118,588 | |
86,808,766 | |||
Food Products - 0.0% | |||
Sovos Brands, Inc. (a) | 10,900 | 186,935 | |
The Real Good Food Co., Inc. (a) | 5,400 | 21,222 | |
208,157 | |||
Household Products - 0.1% | |||
Procter & Gamble Co. | 40,700 | 6,364,666 | |
Personal Care Products - 0.0% | |||
Estee Lauder Companies, Inc. Class A | 3,600 | 888,192 | |
Tobacco - 0.0% | |||
Altria Group, Inc. | 27,600 | 1,311,276 | |
JUUL Labs, Inc. Class B (a)(c)(d) | 2,450 | 26,730 | |
1,338,006 | |||
TOTAL CONSUMER STAPLES | 183,606,331 | ||
ENERGY - 3.7% | |||
Energy Equipment & Services - 0.1% | |||
Halliburton Co. | 181,500 | 5,944,125 | |
Oil, Gas & Consumable Fuels - 3.6% | |||
Antero Resources Corp. (a) | 227,800 | 5,237,122 | |
Cenovus Energy, Inc. (Canada) | 381,300 | 6,399,795 | |
Cheniere Energy, Inc. | 52,600 | 8,047,800 | |
Denbury, Inc. (a) | 140,800 | 13,147,904 | |
Devon Energy Corp. | 262,700 | 14,036,061 | |
Diamondback Energy, Inc. | 260,000 | 36,972,000 | |
EOG Resources, Inc. | 338,300 | 40,416,701 | |
Exxon Mobil Corp. | 256,700 | 30,377,878 | |
Hess Corp. | 405,600 | 58,836,336 | |
Marathon Oil Corp. | 417,800 | 10,094,048 | |
Northern Oil & Gas, Inc. | 65,300 | 2,166,001 | |
Occidental Petroleum Corp. | 375,600 | 23,110,668 | |
Pioneer Natural Resources Co. | 146,500 | 31,871,075 | |
Reliance Industries Ltd. | 850,349 | 25,279,594 | |
Reliance Industries Ltd. GDR (e) | 24,800 | 1,478,080 | |
307,471,063 | |||
TOTAL ENERGY | 313,415,188 | ||
FINANCIALS - 2.7% | |||
Banks - 0.2% | |||
Wells Fargo & Co. | 314,100 | 12,485,475 | |
Capital Markets - 0.0% | |||
Goldman Sachs Group, Inc. | 2,600 | 892,944 | |
Morgan Stanley | 9,500 | 854,715 | |
1,747,659 | |||
Consumer Finance - 0.5% | |||
American Express Co. | 270,700 | 43,674,738 | |
Financial Services - 2.0% | |||
Adyen BV (a)(e) | 1,100 | 1,767,537 | |
Ant International Co. Ltd. Class C (a)(c)(d) | 1,568,556 | 2,415,576 | |
Berkshire Hathaway, Inc. Class B (a) | 5,300 | 1,741,315 | |
Block, Inc. Class A (a) | 275,800 | 16,765,882 | |
MasterCard, Inc. Class A | 302,500 | 114,959,075 | |
PayPal Holdings, Inc. (a) | 50,000 | 3,800,000 | |
Visa, Inc. Class A | 114,200 | 26,577,766 | |
168,027,151 | |||
TOTAL FINANCIALS | 225,935,023 | ||
HEALTH CARE - 9.3% | |||
Biotechnology - 1.3% | |||
Alnylam Pharmaceuticals, Inc. (a) | 132,181 | 26,330,455 | |
Arcutis Biotherapeutics, Inc. (a) | 125,300 | 1,734,152 | |
Argenx SE ADR (a) | 11,437 | 4,436,184 | |
Ascendis Pharma A/S sponsored ADR (a) | 145,496 | 10,178,900 | |
CytomX Therapeutics, Inc. (a)(e) | 137,854 | 224,702 | |
Generation Bio Co. (a) | 163,122 | 802,560 | |
Karuna Therapeutics, Inc. (a) | 44,400 | 8,810,736 | |
Moderna, Inc. (a) | 3,700 | 491,693 | |
Regeneron Pharmaceuticals, Inc. (a) | 38,800 | 31,109,452 | |
Vertex Pharmaceuticals, Inc. (a) | 63,700 | 21,704,501 | |
Viking Therapeutics, Inc. (a) | 103,000 | 2,194,930 | |
108,018,265 | |||
Health Care Equipment & Supplies - 1.7% | |||
Axonics Modulation Technologies, Inc. (a) | 118,620 | 6,815,905 | |
Blink Health LLC Series A1 (a)(c)(d) | 6,283 | 276,389 | |
Boston Scientific Corp. (a) | 450,900 | 23,500,908 | |
DexCom, Inc. (a) | 451,660 | 54,804,424 | |
Insulet Corp. (a) | 89,398 | 28,432,140 | |
Intuitive Surgical, Inc. (a) | 2,800 | 843,416 | |
Penumbra, Inc. (a) | 3,100 | 880,772 | |
Shockwave Medical, Inc. (a) | 37,633 | 10,919,591 | |
Stryker Corp. | 45,400 | 13,604,110 | |
TransMedics Group, Inc. (a) | 17,800 | 1,407,980 | |
141,485,635 | |||
Health Care Providers & Services - 2.5% | |||
agilon health, Inc. (a) | 47,000 | 1,140,690 | |
Alignment Healthcare, Inc. (a) | 145,747 | 916,749 | |
Guardant Health, Inc. (a) | 341,409 | 7,702,187 | |
Humana, Inc. | 60,000 | 31,829,400 | |
Surgery Partners, Inc. (a) | 54,700 | 2,169,402 | |
UnitedHealth Group, Inc. | 336,200 | 165,440,658 | |
209,199,086 | |||
Health Care Technology - 0.0% | |||
Certara, Inc. (a) | 50,700 | 1,225,419 | |
MultiPlan Corp. warrants (a)(c) | 24,206 | 14 | |
1,225,433 | |||
Life Sciences Tools & Services - 0.7% | |||
Danaher Corp. | 123,000 | 29,139,930 | |
ICON PLC (a) | 18,600 | 3,584,034 | |
Olink Holding AB ADR (a) | 72,800 | 1,570,296 | |
Seer, Inc. (a) | 26,101 | 87,177 | |
Thermo Fisher Scientific, Inc. | 38,900 | 21,585,610 | |
55,967,047 | |||
Pharmaceuticals - 3.1% | |||
AstraZeneca PLC sponsored ADR | 60,500 | 4,429,810 | |
Eli Lilly & Co. | 366,779 | 145,193,135 | |
Novo Nordisk A/S: | |||
Series B | 28,700 | 4,774,374 | |
Series B sponsored ADR | 225,900 | 37,745,631 | |
Roche Holding AG (participation certificate) | 10,650 | 3,334,943 | |
Ventyx Biosciences, Inc. (a) | 38,600 | 1,451,360 | |
Zoetis, Inc. Class A | 382,779 | 67,284,893 | |
264,214,146 | |||
TOTAL HEALTH CARE | 780,109,612 | ||
INDUSTRIALS - 3.9% | |||
Aerospace & Defense - 1.0% | |||
Airbus Group NV | 24,100 | 3,374,834 | |
Howmet Aerospace, Inc. | 217,300 | 9,624,217 | |
L3Harris Technologies, Inc. | 26,700 | 5,210,505 | |
Lockheed Martin Corp. | 15,600 | 7,245,420 | |
Northrop Grumman Corp. | 11,600 | 5,350,732 | |
Space Exploration Technologies Corp.: | |||
Class A (a)(c)(d) | 227,030 | 17,481,310 | |
Class C (a)(c)(d) | 6,860 | 528,220 | |
The Boeing Co. (a) | 161,800 | 33,457,004 | |
TransDigm Group, Inc. | 4,500 | 3,442,500 | |
85,714,742 | |||
Air Freight & Logistics - 0.0% | |||
Delhivery Private Ltd. | 294,700 | 1,353,702 | |
Commercial Services & Supplies - 0.1% | |||
ACV Auctions, Inc. Class A (a) | 461,400 | 6,012,042 | |
Electrical Equipment - 0.0% | |||
Array Technologies, Inc. (a) | 37,230 | 761,354 | |
Ground Transportation - 2.5% | |||
Avis Budget Group, Inc. (a) | 25,300 | 4,469,751 | |
Bird Global, Inc.: | |||
Class A (a)(b) | 2,461,733 | 333,319 | |
Stage 1 rights (a)(d) | 13,740 | 0 | |
Stage 2 rights (a)(d) | 13,740 | 0 | |
Stage 3 rights (a)(d) | 13,740 | 0 | |
Hertz Global Holdings, Inc. (a) | 179,400 | 2,992,392 | |
Lyft, Inc. (a) | 3,889,489 | 39,867,262 | |
Uber Technologies, Inc. (a) | 5,145,175 | 159,757,684 | |
207,420,408 | |||
Machinery - 0.1% | |||
Deere & Co. | 19,800 | 7,484,796 | |
Passenger Airlines - 0.2% | |||
Delta Air Lines, Inc. (a) | 206,200 | 7,074,722 | |
United Airlines Holdings, Inc. (a) | 238,400 | 10,441,920 | |
17,516,642 | |||
Professional Services - 0.0% | |||
Experian PLC | 41,200 | 1,458,681 | |
TOTAL INDUSTRIALS | 327,722,367 | ||
INFORMATION TECHNOLOGY - 38.7% | |||
Communications Equipment - 0.1% | |||
Arista Networks, Inc. (a) | 31,500 | 5,045,040 | |
Cisco Systems, Inc. | 55,000 | 2,598,750 | |
7,643,790 | |||
IT Services - 0.5% | |||
MongoDB, Inc. Class A (a) | 42,880 | 10,289,485 | |
Okta, Inc. (a) | 268,900 | 18,427,717 | |
Shopify, Inc. Class A (a) | 33,900 | 1,642,393 | |
Snowflake, Inc. (a) | 31,500 | 4,664,520 | |
Twilio, Inc. Class A (a) | 93,056 | 4,895,676 | |
39,919,791 | |||
Semiconductors & Semiconductor Equipment - 15.3% | |||
Advanced Micro Devices, Inc. (a) | 699,019 | 62,471,328 | |
ASML Holding NV (depository receipt) | 17,300 | 11,017,678 | |
Cirrus Logic, Inc. (a) | 100,400 | 8,613,316 | |
Enphase Energy, Inc. (a) | 53,900 | 8,850,380 | |
GlobalFoundries, Inc. (a) | 936,360 | 55,057,968 | |
Impinj, Inc. (a) | 43,800 | 3,872,358 | |
Marvell Technology, Inc. | 5,373,495 | 212,145,583 | |
Monolithic Power Systems, Inc. | 45,300 | 20,927,241 | |
NVIDIA Corp. | 2,295,896 | 637,088,181 | |
NXP Semiconductors NV | 785,535 | 128,623,501 | |
onsemi (a) | 829,100 | 59,662,036 | |
Skyworks Solutions, Inc. | 36,700 | 3,886,530 | |
SolarEdge Technologies, Inc. (a) | 22,500 | 6,426,675 | |
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR | 480,700 | 40,523,010 | |
Teradyne, Inc. | 313,700 | 28,665,906 | |
1,287,831,691 | |||
Software - 12.5% | |||
Adobe, Inc. (a) | 19,900 | 7,513,444 | |
Atom Tickets LLC (a)(c)(d)(f) | 344,068 | 3 | |
Bill Holdings, Inc. (a)(b) | 141,100 | 10,837,891 | |
Confluent, Inc. (a) | 77,100 | 1,696,200 | |
Datadog, Inc. Class A (a) | 116,100 | 7,822,818 | |
HubSpot, Inc. (a) | 85,992 | 36,198,332 | |
Intuit, Inc. | 77,700 | 34,494,915 | |
Microsoft Corp. | 2,647,700 | 813,532,302 | |
Oracle Corp. | 46,300 | 4,385,536 | |
Paycom Software, Inc. (a) | 46,500 | 13,502,205 | |
Salesforce, Inc. (a) | 416,670 | 82,654,828 | |
ServiceNow, Inc. (a) | 38,023 | 17,468,527 | |
Splunk, Inc. (a) | 91,400 | 7,882,336 | |
Stripe, Inc. Class B (a)(c)(d) | 19,900 | 400,587 | |
Tanium, Inc. Class B (a)(c)(d) | 151,000 | 1,162,700 | |
Workday, Inc. Class A (a) | 12,500 | 2,326,750 | |
Zoom Video Communications, Inc. Class A (a) | 158,000 | 9,705,940 | |
1,051,585,314 | |||
Technology Hardware, Storage & Peripherals - 10.3% | |||
Apple, Inc. | 5,113,136 | 867,596,921 | |
Seagate Technology Holdings PLC | 7,500 | 440,775 | |
868,037,696 | |||
TOTAL INFORMATION TECHNOLOGY | 3,255,018,282 | ||
MATERIALS - 0.6% | |||
Chemicals - 0.1% | |||
Cibus Corp. Series C (a)(c)(d)(f) | 1,507,621 | 3,015,242 | |
Linde PLC | 12,900 | 4,765,905 | |
7,781,147 | |||
Metals & Mining - 0.5% | |||
Freeport-McMoRan, Inc. | 1,035,000 | 39,236,850 | |
TOTAL MATERIALS | 47,017,997 | ||
REAL ESTATE - 0.0% | |||
Equity Real Estate Investment Trusts (REITs) - 0.0% | |||
Welltower, Inc. | 11,600 | 918,952 | |
UTILITIES - 0.0% | |||
Electric Utilities - 0.0% | |||
NextEra Energy, Inc. | 35,300 | 2,705,039 | |
TOTAL COMMON STOCKS (Cost $5,436,567,981) | 8,209,799,810 | ||
Preferred Stocks - 1.2% | |||
Shares | Value ($) | ||
Convertible Preferred Stocks - 1.2% | |||
COMMUNICATION SERVICES - 0.1% | |||
Interactive Media & Services - 0.1% | |||
ByteDance Ltd. Series E1 (a)(c)(d) | 37,119 | 7,386,681 | |
Reddit, Inc.: | |||
Series B(a)(c)(d) | 129,280 | 4,704,499 | |
Series E(a)(c)(d) | 5,005 | 182,132 | |
12,273,312 | |||
CONSUMER DISCRETIONARY - 0.1% | |||
Automobiles - 0.0% | |||
Rad Power Bikes, Inc.: | |||
Series A(a)(c)(d) | 14,368 | 44,397 | |
Series C(a)(c)(d) | 56,537 | 174,699 | |
219,096 | |||
Hotels, Restaurants & Leisure - 0.1% | |||
MOD Super Fast Pizza Holdings LLC Series 3 (a)(c)(d)(f) | 32,826 | 9,504,735 | |
TOTAL CONSUMER DISCRETIONARY | 9,723,831 | ||
CONSUMER STAPLES - 0.2% | |||
Consumer Staples Distribution & Retail - 0.1% | |||
GoBrands, Inc. Series G (a)(c)(d) | 19,600 | 1,911,784 | |
Instacart, Inc.: | |||
Series H(a)(c)(d) | 31,105 | 1,385,106 | |
Series I(a)(c)(d) | 13,960 | 621,639 | |
3,918,529 | |||
Food Products - 0.0% | |||
AgBiome LLC Series C (a)(c)(d) | 266,499 | 1,375,135 | |
Tobacco - 0.1% | |||
JUUL Labs, Inc.: | |||
Series C(a)(c)(d) | 660,029 | 7,200,916 | |
Series D(a)(c)(d) | 5,110 | 55,750 | |
7,256,666 | |||
TOTAL CONSUMER STAPLES | 12,550,330 | ||
HEALTH CARE - 0.0% | |||
Biotechnology - 0.0% | |||
Castle Creek Biosciences, Inc. Series D2 (c)(d) | 642 | 121,267 | |
Health Care Equipment & Supplies - 0.0% | |||
Blink Health LLC Series C (a)(c)(d) | 27,197 | 1,196,396 | |
Pharmaceuticals - 0.0% | |||
Castle Creek Pharmaceutical Holdings, Inc. Series B (a)(c)(d) | 1,069 | 210,721 | |
TOTAL HEALTH CARE | 1,528,384 | ||
INDUSTRIALS - 0.6% | |||
Aerospace & Defense - 0.6% | |||
Space Exploration Technologies Corp.: | |||
Series G(a)(c)(d) | 42,650 | 32,840,500 | |
Series H(a)(c)(d) | 6,348 | 4,887,960 | |
Series N(a)(c)(d) | 12,799 | 9,855,230 | |
47,583,690 | |||
Construction & Engineering - 0.0% | |||
Beta Technologies, Inc. Series A (a)(c)(d) | 12,033 | 835,331 | |
TOTAL INDUSTRIALS | 48,419,021 | ||
INFORMATION TECHNOLOGY - 0.1% | |||
Electronic Equipment, Instruments & Components - 0.0% | |||
Enevate Corp. Series E (a)(c)(d) | 1,441,706 | 836,189 | |
Semiconductors & Semiconductor Equipment - 0.0% | |||
Xsight Labs Ltd. Series D (a)(c)(d) | 140,500 | 1,027,055 | |
Software - 0.1% | |||
Bolt Technology OU Series E (a)(c)(d) | 18,160 | 2,366,842 | |
Databricks, Inc. Series G (a)(c)(d) | 51,900 | 2,505,213 | |
Dataminr, Inc. Series D (a)(c)(d) | 115,901 | 1,593,639 | |
Delphix Corp. Series D (a)(c)(d) | 242,876 | 1,102,657 | |
Stripe, Inc.: | |||
Series H(a)(c)(d) | 8,700 | 175,131 | |
Series I(c)(d) | 109,798 | 2,210,234 | |
9,953,716 | |||
TOTAL INFORMATION TECHNOLOGY | 11,816,960 | ||
MATERIALS - 0.1% | |||
Metals & Mining - 0.1% | |||
Diamond Foundry, Inc. Series C (a)(c)(d) | 125,000 | 4,433,750 | |
TOTAL CONVERTIBLE PREFERRED STOCKS | 100,745,588 | ||
Nonconvertible Preferred Stocks - 0.0% | |||
CONSUMER DISCRETIONARY - 0.0% | |||
Automobiles - 0.0% | |||
Neutron Holdings, Inc. Series 1C (a)(c)(d) | 12,405,800 | 333,716 | |
Waymo LLC Series A2 (a)(c)(d) | 15,200 | 733,096 | |
1,066,812 | |||
HEALTH CARE - 0.0% | |||
Pharmaceuticals - 0.0% | |||
Castle Creek Pharmaceutical Holdings, Inc. Series A4 (a)(c)(d) | 9,636 | 1,969,598 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | 3,036,410 | ||
TOTAL PREFERRED STOCKS (Cost $57,920,017) | 103,781,998 | ||
Convertible Bonds - 0.0% | |||
Principal Amount (g) | Value ($) | ||
CONSUMER DISCRETIONARY - 0.0% | |||
Automobiles - 0.0% | |||
Neutron Holdings, Inc.: | |||
4% 5/22/27 (c)(d) | 433,800 | 468,070 | |
4% 6/12/27 (c)(d) | 115,200 | 124,301 | |
(Cost $549,000) | 592,371 | ||
Money Market Funds - 1.0% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 4.88% (h) | 55,382,801 | 55,393,877 | |
Fidelity Securities Lending Cash Central Fund 4.88% (h)(i) | 28,362,403 | 28,365,239 | |
TOTAL MONEY MARKET FUNDS (Cost $83,759,116) | 83,759,116 | ||
TOTAL INVESTMENT IN SECURITIES - 99.8% (Cost $5,578,796,114) | 8,397,933,295 |
NET OTHER ASSETS (LIABILITIES) - 0.2% | 14,156,893 |
NET ASSETS - 100.0% | 8,412,090,188 |
Legend
(a) | Non-income producing |
(b) | Security or a portion of the security is on loan at period end. |
(c) | Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $146,192,433 or 1.7% of net assets. |
(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 $4,021,098 or 0.0% of net assets. |
(f) | Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes. |
(g) | Amount is stated in United States dollars unless otherwise noted. |
(h) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
(i) | Investment made with cash collateral received from securities on loan. |
Additional information on each restricted holding is as follows: | ||
Security | Acquisition Date | Acquisition Cost ($) |
AgBiome LLC Series C | 6/29/18 | 1,687,925 |
Ant International Co. Ltd. Class C | 5/16/18 | 5,978,358 |
Atom Tickets LLC | 8/15/17 | 2,179,035 |
Beta Technologies, Inc. Series A | 4/09/21 | 881,658 |
Blink Health LLC Series A1 | 12/30/20 | 170,206 |
Blink Health LLC Series C | 11/07/19 - 1/21/21 | 1,038,273 |
Bolt Technology OU Series E | 1/03/22 | 4,717,904 |
ByteDance Ltd. Series E1 | 11/18/20 | 4,067,284 |
Castle Creek Biosciences, Inc. Series D2 | 6/28/21 | 110,200 |
Castle Creek Pharmaceutical Holdings, Inc. Series A4 | 9/29/16 | 3,185,523 |
Castle Creek Pharmaceutical Holdings, Inc. Series B | 10/09/18 | 440,268 |
Cibus Corp. Series C | 2/16/18 - 12/02/22 | 2,729,664 |
Databricks, Inc. Series G | 2/01/21 | 3,068,465 |
Dataminr, Inc. Series D | 3/06/15 | 1,477,738 |
Delphix Corp. Series D | 7/10/15 | 2,185,884 |
Diamond Foundry, Inc. Series C | 3/15/21 | 3,000,000 |
Enevate Corp. Series E | 1/29/21 | 1,598,398 |
Epic Games, Inc. | 7/30/20 | 618,700 |
Fanatics, Inc. Class A | 8/13/20 | 2,754,038 |
GoBrands, Inc. Series G | 3/02/21 | 4,894,459 |
Instacart, Inc. Series H | 11/13/20 | 1,866,300 |
Instacart, Inc. Series I | 2/26/21 | 1,745,000 |
JUUL Labs, Inc. Class B | 11/21/17 | 0 |
JUUL Labs, Inc. Series C | 5/22/15 - 7/06/18 | 0 |
JUUL Labs, Inc. Series D | 6/25/18 - 7/06/18 | 0 |
MOD Super Fast Pizza Holdings LLC Series 3 | 11/03/16 - 5/15/19 | 4,691,747 |
MultiPlan Corp. warrants | 10/08/20 | 0 |
Neutron Holdings, Inc. | 2/04/21 | 6,918 |
Neutron Holdings, Inc. Series 1C | 7/03/18 | 2,268,276 |
Neutron Holdings, Inc. 4% 5/22/27 | 6/04/20 | 433,800 |
Neutron Holdings, Inc. 4% 6/12/27 | 6/12/20 | 115,200 |
Rad Power Bikes, Inc. | 1/21/21 | 531,635 |
Rad Power Bikes, Inc. Series A | 1/21/21 | 69,309 |
Rad Power Bikes, Inc. Series C | 1/21/21 | 272,725 |
Reddit, Inc. Series B | 7/26/17 | 1,835,324 |
Reddit, Inc. Series E | 5/18/21 | 212,583 |
Space Exploration Technologies Corp. Class A | 4/06/17 - 9/11/17 | 2,534,625 |
Space Exploration Technologies Corp. Class C | 9/11/17 | 92,610 |
Space Exploration Technologies Corp. Series G | 1/20/15 | 3,303,669 |
Space Exploration Technologies Corp. Series H | 8/04/17 | 856,980 |
Space Exploration Technologies Corp. Series N | 8/04/20 | 3,455,730 |
Stripe, Inc. Class B | 5/18/21 | 798,555 |
Stripe, Inc. Series H | 3/15/21 | 349,088 |
Stripe, Inc. Series I | 3/20/23 | 2,210,688 |
Tanium, Inc. Class B | 4/21/17 | 749,609 |
Tory Burch LLC | 5/14/15 | 7,671,241 |
Waymo LLC Series A2 | 5/08/20 | 1,305,181 |
Xsight Labs Ltd. Series D | 2/16/21 | 1,123,438 |
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 4.88% | 371,709,138 | 1,895,863,199 | 2,212,178,460 | 4,043,842 | - | - | 55,393,877 | 0.1% |
Fidelity Securities Lending Cash Central Fund 4.88% | 80,554,541 | 548,372,711 | 600,562,013 | 232,121 | - | - | 28,365,239 | 0.1% |
Total | 452,263,679 | 2,444,235,910 | 2,812,740,473 | 4,275,963 | - | - | 83,759,116 | |
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.
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 services or from brokers who make markets in such securities. Convertible Bonds are valued by pricing services 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 services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
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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