Quarterly Holdings Report
for
Fidelity® Blue Chip Growth ETF
October 31, 2023
GTF-NPRT1-1223
1.9897896.103
Common Stocks - 99.3% | |||
Shares | Value ($) | ||
COMMUNICATION SERVICES - 16.4% | |||
Entertainment - 2.6% | |||
Netflix, Inc. (a) | 41,255 | 16,984,271 | |
Roku, Inc. Class A (a) | 8,613 | 513,076 | |
Sea Ltd. ADR (a) | 35,114 | 1,464,254 | |
Take-Two Interactive Software, Inc. (a) | 2,188 | 292,645 | |
19,254,246 | |||
Interactive Media & Services - 13.7% | |||
Alphabet, Inc. Class A (a) | 430,116 | 53,368,793 | |
Meta Platforms, Inc. Class A (a) | 121,319 | 36,549,775 | |
Snap, Inc. Class A (a) | 1,328,390 | 13,297,184 | |
103,215,752 | |||
Media - 0.0% | |||
Charter Communications, Inc. Class A (a) | 782 | 314,990 | |
Wireless Telecommunication Services - 0.1% | |||
T-Mobile U.S., Inc. | 4,874 | 701,174 | |
TOTAL COMMUNICATION SERVICES | 123,486,162 | ||
CONSUMER DISCRETIONARY - 20.7% | |||
Automobile Components - 0.1% | |||
Aptiv PLC (a) | 7,861 | 685,479 | |
Automobiles - 2.1% | |||
Rivian Automotive, Inc. (a) | 131,943 | 2,140,115 | |
Tesla, Inc. (a) | 68,273 | 13,711,949 | |
15,852,064 | |||
Broadline Retail - 10.0% | |||
Alibaba Group Holding Ltd. sponsored ADR (a) | 30,441 | 2,512,600 | |
Amazon.com, Inc. (a) | 529,995 | 70,537,035 | |
Dollarama, Inc. | 5,003 | 341,651 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 9,440 | 729,146 | |
PDD Holdings, Inc. ADR (a) | 9,497 | 963,186 | |
75,083,618 | |||
Diversified Consumer Services - 0.1% | |||
New Oriental Education & Technology Group, Inc. sponsored ADR (a) | 15,807 | 1,035,200 | |
Hotels, Restaurants & Leisure - 2.3% | |||
Airbnb, Inc. Class A (a) | 47,476 | 5,615,936 | |
Caesars Entertainment, Inc. (a) | 43,981 | 1,754,402 | |
Chipotle Mexican Grill, Inc. (a) | 847 | 1,645,043 | |
Draftkings Holdings, Inc. (a) | 37,685 | 1,040,860 | |
Hilton Worldwide Holdings, Inc. | 25 | 3,788 | |
Light & Wonder, Inc. Class A (a) | 4,527 | 330,969 | |
Marriott International, Inc. Class A | 8,581 | 1,618,033 | |
McDonald's Corp. | 3,412 | 894,524 | |
Penn Entertainment, Inc. (a) | 61,798 | 1,219,275 | |
Restaurant Brands International, Inc. | 7,078 | 475,439 | |
Starbucks Corp. | 18,892 | 1,742,598 | |
Sweetgreen, Inc. Class A (a) | 71,161 | 735,093 | |
Yum! Brands, Inc. | 1,842 | 222,624 | |
17,298,584 | |||
Specialty Retail - 3.8% | |||
Abercrombie & Fitch Co. Class A (a) | 47,799 | 2,907,135 | |
American Eagle Outfitters, Inc. | 200,621 | 3,504,849 | |
Aritzia, Inc. (a) | 16,227 | 252,401 | |
Five Below, Inc. (a) | 15,180 | 2,641,016 | |
Lowe's Companies, Inc. | 49,860 | 9,501,820 | |
RH (a) | 15,000 | 3,269,400 | |
TJX Companies, Inc. | 57,184 | 5,036,195 | |
Warby Parker, Inc. (a) | 104,629 | 1,358,084 | |
Wayfair LLC Class A (a) | 7,730 | 329,375 | |
Williams-Sonoma, Inc. | 49 | 7,362 | |
28,807,637 | |||
Textiles, Apparel & Luxury Goods - 2.3% | |||
Crocs, Inc. (a) | 18,434 | 1,646,525 | |
Deckers Outdoor Corp. (a) | 3,880 | 2,316,593 | |
lululemon athletica, Inc. (a) | 14,257 | 5,609,844 | |
NIKE, Inc. Class B | 64,754 | 6,654,769 | |
On Holding AG (a) | 11,629 | 298,516 | |
PVH Corp. | 11,485 | 853,910 | |
17,380,157 | |||
TOTAL CONSUMER DISCRETIONARY | 156,142,739 | ||
CONSUMER STAPLES - 2.6% | |||
Beverages - 1.3% | |||
Boston Beer Co., Inc. Class A (a) | 3,410 | 1,138,770 | |
Celsius Holdings, Inc. (a) | 52,352 | 7,962,216 | |
PepsiCo, Inc. | 3,881 | 633,690 | |
9,734,676 | |||
Consumer Staples Distribution & Retail - 0.9% | |||
BJ's Wholesale Club Holdings, Inc. (a) | 4,176 | 284,469 | |
Dollar Tree, Inc. (a) | 17,150 | 1,905,194 | |
Maplebear, Inc. | 10,135 | 249,625 | |
Target Corp. | 13,742 | 1,522,476 | |
Walmart, Inc. | 14,410 | 2,354,738 | |
6,316,502 | |||
Food Products - 0.1% | |||
Lamb Weston Holdings, Inc. | 6,063 | 544,457 | |
The Hershey Co. | 1,596 | 299,011 | |
843,468 | |||
Household Products - 0.1% | |||
Procter & Gamble Co. | 6,269 | 940,538 | |
Personal Care Products - 0.2% | |||
Estee Lauder Companies, Inc. Class A | 4,707 | 606,591 | |
Kenvue, Inc. | 39,759 | 739,517 | |
Oddity Tech Ltd. | 7,777 | 198,702 | |
1,544,810 | |||
TOTAL CONSUMER STAPLES | 19,379,994 | ||
ENERGY - 2.2% | |||
Oil, Gas & Consumable Fuels - 2.2% | |||
Antero Resources Corp. (a) | 17,873 | 526,181 | |
Cheniere Energy, Inc. | 3,780 | 629,068 | |
Diamondback Energy, Inc. | 17,688 | 2,835,740 | |
EOG Resources, Inc. | 27,512 | 3,473,390 | |
Exxon Mobil Corp. | 21,819 | 2,309,541 | |
Hess Corp. | 26,095 | 3,768,118 | |
Northern Oil & Gas, Inc. | 6,640 | 254,578 | |
Occidental Petroleum Corp. | 31,549 | 1,950,044 | |
Pioneer Natural Resources Co. | 2,405 | 574,795 | |
16,321,455 | |||
FINANCIALS - 2.3% | |||
Consumer Finance - 0.4% | |||
American Express Co. | 18,511 | 2,703,161 | |
SoFi Technologies, Inc. (a) | 39,764 | 300,218 | |
3,003,379 | |||
Financial Services - 1.9% | |||
Berkshire Hathaway, Inc. Class B (a) | 1,045 | 356,690 | |
Block, Inc. Class A (a) | 39,519 | 1,590,640 | |
MasterCard, Inc. Class A | 26,090 | 9,818,972 | |
Visa, Inc. Class A | 9,645 | 2,267,540 | |
14,033,842 | |||
TOTAL FINANCIALS | 17,037,221 | ||
HEALTH CARE - 10.2% | |||
Biotechnology - 1.6% | |||
Alnylam Pharmaceuticals, Inc. (a) | 11,687 | 1,774,087 | |
Argenx SE ADR (a) | 2,490 | 1,169,229 | |
Ascendis Pharma A/S sponsored ADR (a) | 1,781 | 159,061 | |
Generation Bio Co. (a) | 1,016 | 953 | |
Gilead Sciences, Inc. | 4,015 | 315,338 | |
Karuna Therapeutics, Inc. (a) | 2,311 | 385,036 | |
Moonlake Immunotherapeutics (a) | 6,984 | 361,841 | |
Regeneron Pharmaceuticals, Inc. (a) | 6,167 | 4,809,582 | |
Vertex Pharmaceuticals, Inc. (a) | 8,060 | 2,918,607 | |
11,893,734 | |||
Health Care Equipment & Supplies - 1.4% | |||
Axonics Modulation Technologies, Inc. (a) | 10,386 | 531,867 | |
Boston Scientific Corp. (a) | 50,277 | 2,573,680 | |
DexCom, Inc. (a) | 42,037 | 3,734,147 | |
Insulet Corp. (a) | 5,498 | 728,870 | |
Shockwave Medical, Inc. (a) | 7,036 | 1,451,245 | |
Stryker Corp. | 5,949 | 1,607,539 | |
10,627,348 | |||
Health Care Providers & Services - 2.9% | |||
agilon health, Inc. (a) | 2,897 | 52,146 | |
Alignment Healthcare, Inc. (a) | 7,799 | 53,657 | |
Guardant Health, Inc. (a) | 40,621 | 1,051,271 | |
Humana, Inc. | 5,428 | 2,842,589 | |
Surgery Partners, Inc. (a) | 12,728 | 294,399 | |
UnitedHealth Group, Inc. | 33,632 | 18,011,954 | |
22,306,016 | |||
Health Care Technology - 0.0% | |||
Certara, Inc. (a) | 68 | 829 | |
Life Sciences Tools & Services - 0.4% | |||
Danaher Corp. | 10,227 | 1,963,789 | |
ICON PLC (a) | 461 | 112,466 | |
Thermo Fisher Scientific, Inc. | 2,607 | 1,159,515 | |
3,235,770 | |||
Pharmaceuticals - 3.9% | |||
Eli Lilly & Co. | 34,892 | 19,327,726 | |
Novo Nordisk A/S Series B sponsored ADR | 47,392 | 4,576,645 | |
Zoetis, Inc. Class A | 33,772 | 5,302,204 | |
29,206,575 | |||
TOTAL HEALTH CARE | 77,270,272 | ||
INDUSTRIALS - 3.8% | |||
Aerospace & Defense - 0.6% | |||
Howmet Aerospace, Inc. | 21,399 | 943,696 | |
L3Harris Technologies, Inc. | 2,256 | 404,749 | |
Northrop Grumman Corp. | 745 | 351,215 | |
The Boeing Co. (a) | 15,585 | 2,911,590 | |
TransDigm Group, Inc. (a) | 420 | 347,798 | |
4,959,048 | |||
Air Freight & Logistics - 0.0% | |||
FedEx Corp. | 1,177 | 282,598 | |
Commercial Services & Supplies - 0.1% | |||
ACV Auctions, Inc. Class A (a) | 34,105 | 454,620 | |
Electrical Equipment - 0.2% | |||
Eaton Corp. PLC | 4,685 | 974,058 | |
Generac Holdings, Inc. (a) | 2,937 | 246,914 | |
1,220,972 | |||
Ground Transportation - 2.7% | |||
Avis Budget Group, Inc. (a) | 50 | 8,140 | |
Lyft, Inc. (a) | 231,529 | 2,123,121 | |
Uber Technologies, Inc. (a) | 414,356 | 17,933,328 | |
20,064,589 | |||
Industrial Conglomerates - 0.0% | |||
General Electric Co. | 2,697 | 292,975 | |
Trading Companies & Distributors - 0.2% | |||
FTAI Aviation Ltd. | 39,405 | 1,482,022 | |
TOTAL INDUSTRIALS | 28,756,824 | ||
INFORMATION TECHNOLOGY - 40.3% | |||
Communications Equipment - 0.0% | |||
Arista Networks, Inc. (a) | 1,666 | 333,816 | |
IT Services - 0.6% | |||
MongoDB, Inc. Class A (a) | 3,286 | 1,132,323 | |
Okta, Inc. (a) | 32,838 | 2,213,610 | |
Shopify, Inc. Class A (a) | 4,168 | 196,836 | |
Snowflake, Inc. (a) | 4,083 | 592,566 | |
4,135,335 | |||
Semiconductors & Semiconductor Equipment - 15.9% | |||
Advanced Micro Devices, Inc. (a) | 23,791 | 2,343,414 | |
Arm Holdings Ltd. ADR | 5,501 | 271,144 | |
ASML Holding NV (depository receipt) | 1,670 | 1,000,013 | |
First Solar, Inc. (a) | 1,821 | 259,401 | |
GlobalFoundries, Inc. (a) | 101,046 | 5,013,903 | |
Impinj, Inc. (a) | 3,252 | 210,112 | |
Marvell Technology, Inc. | 331,058 | 15,632,559 | |
Monolithic Power Systems, Inc. | 4,235 | 1,870,769 | |
NVIDIA Corp. | 175,791 | 71,687,570 | |
NXP Semiconductors NV | 62,064 | 10,701,696 | |
ON Semiconductor Corp. (a) | 81,304 | 5,092,883 | |
Taiwan Semiconductor Manufacturing Co. Ltd. sponsored ADR | 43,914 | 3,790,217 | |
Teradyne, Inc. | 24,737 | 2,059,850 | |
119,933,531 | |||
Software - 13.5% | |||
Adobe, Inc. (a) | 2,091 | 1,112,537 | |
Bill Holdings, Inc. (a) | 17,532 | 1,600,496 | |
Confluent, Inc. (a) | 8,323 | 240,618 | |
Datadog, Inc. Class A (a) | 9,811 | 799,302 | |
HubSpot, Inc. (a) | 7,392 | 3,132,508 | |
Intuit, Inc. | 5,671 | 2,806,861 | |
Microsoft Corp. | 239,873 | 81,103,455 | |
Oracle Corp. | 6,318 | 653,281 | |
Salesforce, Inc. (a) | 37,081 | 7,446,977 | |
ServiceNow, Inc. (a) | 3,009 | 1,750,787 | |
Zoom Video Communications, Inc. Class A (a) | 19,993 | 1,199,180 | |
101,846,002 | |||
Technology Hardware, Storage & Peripherals - 10.3% | |||
Apple, Inc. | 449,483 | 76,758,212 | |
Dell Technologies, Inc. | 16,237 | 1,086,418 | |
77,844,630 | |||
TOTAL INFORMATION TECHNOLOGY | 304,093,314 | ||
MATERIALS - 0.6% | |||
Chemicals - 0.1% | |||
Linde PLC | 1,700 | 649,672 | |
Metals & Mining - 0.5% | |||
ATI, Inc. (a) | 8,427 | 318,288 | |
Carpenter Technology Corp. | 11,736 | 736,082 | |
Freeport-McMoRan, Inc. | 79,409 | 2,682,436 | |
3,736,806 | |||
TOTAL MATERIALS | 4,386,478 | ||
REAL ESTATE - 0.2% | |||
Equity Real Estate Investment Trusts (REITs) - 0.1% | |||
Welltower, Inc. | 10,560 | 882,922 | |
Real Estate Management & Development - 0.1% | |||
Zillow Group, Inc. Class C (a) | 13,168 | 477,340 | |
TOTAL REAL ESTATE | 1,360,262 | ||
TOTAL COMMON STOCKS (Cost $686,337,514) | 748,234,721 | ||
TOTAL INVESTMENT IN SECURITIES - 99.3% (Cost $686,337,514) | 748,234,721 |
NET OTHER ASSETS (LIABILITIES) - 0.7% | 5,230,506 |
NET ASSETS - 100.0% | 753,465,227 |
Legend
(a) | Non-income producing |
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.
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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