Quarterly Holdings Report
for
Fidelity® Diversified International K6 Fund
January 31, 2026
DIFK6-NPRT1-0426
1.9883985.108
Common Stocks - 95.5%
 
  
Shares
Value ($)
 
AUSTRALIA - 0.9%
 
  
  
Consumer Discretionary - 0.5%
  
  
  
Hotels, Restaurants & Leisure - 0.5%
  
  
  
Aristocrat Leisure Ltd
 
693,129
25,851,290
Materials - 0.4%
  
  
  
Metals & Mining - 0.4%
  
  
  
Rio Tinto PLC
 
221,500
20,208,405
TOTAL AUSTRALIA
  
  
46,059,695
BELGIUM - 2.2%
 
  
  
Financials - 1.4%
  
  
  
Banks - 1.4%
  
  
  
KBC Group NV
 
507,735
71,559,214
Health Care - 0.8%
  
  
  
Pharmaceuticals - 0.8%
  
  
  
Financiere de Tubize SA
 
22,050
5,606,380
UCB SA
 
117,125
35,458,234
TOTAL HEALTH CARE
  
  
41,064,614
TOTAL BELGIUM
  
  
112,623,828
CANADA - 3.3%
 
  
  
Consumer Discretionary - 0.6%
  
  
  
Broadline Retail - 0.6%
  
  
  
Dollarama Inc
 
230,611
31,077,823
Energy - 1.7%
  
  
  
Oil, Gas & Consumable Fuels - 1.7%
  
  
  
Cameco Corp
 
65,219
8,066,340
Canadian Natural Resources Ltd
 
1,041,460
38,724,430
Imperial Oil Ltd (a)
  
414,615
41,889,315
TOTAL ENERGY
  
  
88,680,085
Materials - 1.0%
  
  
  
Metals & Mining - 1.0%
  
  
  
Franco-Nevada Corp
 
220,384
51,588,291
TOTAL CANADA
  
  
171,346,199
CHILE - 1.0%
 
  
  
Materials - 1.0%
  
  
  
Metals & Mining - 1.0%
  
  
  
Antofagasta PLC
 
1,044,013
52,114,423
CHINA - 1.3%
 
  
  
Consumer Discretionary - 1.0%
  
  
  
Broadline Retail - 1.0%
  
  
  
Prosus NV Class N
 
913,132
52,506,252
Industrials - 0.3%
  
  
  
Machinery - 0.3%
  
  
  
Airtac International Group
 
367,000
13,254,554
TOTAL CHINA
  
  
65,760,806
DENMARK - 2.5%
 
  
  
Health Care - 0.5%
  
  
  
Pharmaceuticals - 0.5%
  
  
  
Novo Nordisk A/S Series B
 
403,800
23,977,339
Industrials - 1.9%
  
  
  
Air Freight & Logistics - 1.9%
  
  
  
DSV A/S
 
344,491
96,725,512
Materials - 0.1%
  
  
  
Chemicals - 0.1%
  
  
  
Novonesis Novozymes B Series B
 
148,256
9,076,058
TOTAL DENMARK
  
  
129,778,909
FINLAND - 0.1%
 
  
  
Information Technology - 0.1%
  
  
  
Communications Equipment - 0.1%
  
  
  
Nokia Oyj
 
682,766
4,397,636
FRANCE - 5.0%
 
  
  
Communication Services - 0.5%
  
  
  
Diversified Telecommunication Services - 0.5%
  
  
  
Orange SA
 
1,331,662
24,755,651
Consumer Discretionary - 1.0%
  
  
  
Textiles, Apparel & Luxury Goods - 1.0%
  
  
  
LVMH Moet Hennessy Louis Vuitton SE
 
81,086
52,333,281
Consumer Staples - 0.3%
  
  
  
Food Products - 0.3%
  
  
  
Danone SA
 
202,255
15,848,692
Financials - 0.2%
  
  
  
Capital Markets - 0.2%
  
  
  
Amundi SA (c)(d)
  
141,639
12,583,490
Health Care - 0.2%
  
  
  
Health Care Equipment & Supplies - 0.2%
  
  
  
EssilorLuxottica SA
 
34,630
10,586,451
Industrials - 1.9%
  
  
  
Aerospace & Defense - 1.5%
  
  
  
Airbus SE
 
63,645
14,571,524
Safran SA
 
165,344
59,075,994
 
  
  
73,647,518
Electrical Equipment - 0.4%
  
  
  
Legrand SA
 
135,850
21,689,540
TOTAL INDUSTRIALS
  
  
95,337,058
Materials - 0.9%
  
  
  
Chemicals - 0.9%
  
  
  
Air Liquide SA
 
249,873
46,791,829
TOTAL FRANCE
  
  
258,236,452
GERMANY - 10.1%
 
  
  
Financials - 4.2%
  
  
  
Banks - 0.4%
  
  
  
Commerzbank AG
 
485,353
19,957,614
Capital Markets - 0.7%
  
  
  
Deutsche Boerse AG
 
149,062
37,746,282
Insurance - 3.1%
  
  
  
Allianz SE
 
194,889
85,813,948
Hannover Rueck SE
 
111,019
31,425,214
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
 
67,718
41,042,295
 
  
  
158,281,457
TOTAL FINANCIALS
  
  
215,985,353
Health Care - 0.8%
  
  
  
Health Care Providers & Services - 0.8%
  
  
  
Fresenius SE & Co KGaA
 
792,680
44,358,669
Industrials - 3.0%
  
  
  
Aerospace & Defense - 0.7%
  
  
  
Rheinmetall AG
 
17,405
36,754,156
Electrical Equipment - 1.2%
  
  
  
Siemens Energy AG (b)
  
359,840
61,655,829
Industrial Conglomerates - 1.1%
  
  
  
Siemens AG
 
192,235
58,118,464
TOTAL INDUSTRIALS
  
  
156,528,449
Information Technology - 1.1%
  
  
  
Software - 1.1%
  
  
  
SAP SE
 
275,890
55,114,116
Materials - 1.0%
  
  
  
Construction Materials - 1.0%
  
  
  
Heidelberg Materials AG
 
183,420
50,233,382
TOTAL GERMANY
  
  
522,219,969
HONG KONG - 2.0%
 
  
  
Financials - 2.0%
  
  
  
Insurance - 2.0%
  
  
  
AIA Group Ltd
 
5,801,890
66,939,205
Prudential PLC
 
2,274,176
37,353,901
 
  
  
  
TOTAL HONG KONG
  
  
104,293,106
INDIA - 0.2%
 
  
  
Financials - 0.2%
  
  
  
Banks - 0.2%
  
  
  
HDFC Bank Ltd
 
1,001,202
10,146,432
Capital Markets - 0.0%
  
  
  
Fairfax India Holdings Corp Subordinate Voting Shares (b)(c)(d)
  
132,621
2,265,167
TOTAL INDIA
  
  
12,411,599
IRELAND - 0.7%
 
  
  
Industrials - 0.7%
  
  
  
Building Products - 0.7%
  
  
  
Kingspan Group PLC
 
417,693
36,390,761
ISRAEL - 0.1%
 
  
  
Health Care - 0.1%
  
  
  
Pharmaceuticals - 0.1%
  
  
  
Teva Pharmaceutical Industries Ltd ADR (b)
  
160,800
5,480,064
ITALY - 4.3%
 
  
  
Consumer Discretionary - 0.3%
  
  
  
Hotels, Restaurants & Leisure - 0.3%
  
  
  
Lottomatica Group Spa
 
720,244
17,689,518
Consumer Staples - 0.9%
  
  
  
Beverages - 0.9%
  
  
  
Coca-Cola HBC AG
 
852,924
46,100,393
Financials - 2.4%
  
  
  
Banks - 2.4%
  
  
  
FinecoBank Banca Fineco SpA
 
1,298,042
34,388,472
Intesa Sanpaolo SpA
 
4,335,582
30,693,284
UniCredit SpA
 
621,902
54,196,308
TOTAL FINANCIALS
  
  
119,278,064
Industrials - 0.7%
  
  
  
Machinery - 0.2%
  
  
  
Interpump Group SpA
 
188,041
10,895,078
Passenger Airlines - 0.5%
  
  
  
Ryanair Holdings PLC ADR
 
388,634
27,437,561
TOTAL INDUSTRIALS
  
  
38,332,639
TOTAL ITALY
  
  
221,400,614
JAPAN - 18.9%
 
  
  
Communication Services - 0.5%
  
  
  
Entertainment - 0.5%
  
  
  
Nintendo Co Ltd
 
454,991
28,175,571
Consumer Discretionary - 1.0%
  
  
  
Automobiles - 0.4%
  
  
  
Toyota Motor Corp
 
935,000
21,192,249
Household Durables - 0.1%
  
  
  
Panasonic Holdings Corp
 
362,500
4,970,128
Specialty Retail - 0.5%
  
  
  
Fast Retailing Co Ltd
 
61,838
23,494,924
TOTAL CONSUMER DISCRETIONARY
  
  
49,657,301
Consumer Staples - 0.0%
  
  
  
Food Products - 0.0%
  
  
  
Kotobuki Spirits Co Ltd
 
57,523
664,584
Financials - 2.8%
  
  
  
Banks - 1.4%
  
  
  
Sumitomo Mitsui Financial Group Inc
 
2,014,949
70,906,964
Capital Markets - 0.3%
  
  
  
Nomura Holdings Inc
 
1,692,600
15,338,915
Financial Services - 0.7%
  
  
  
ORIX Corp
 
1,121,648
34,182,676
Insurance - 0.4%
  
  
  
Tokio Marine Holdings Inc
 
619,235
23,080,467
TOTAL FINANCIALS
  
  
143,509,022
Health Care - 1.3%
  
  
  
Health Care Equipment & Supplies - 1.3%
  
  
  
Hoya Corp
 
415,186
69,403,346
Industrials - 8.6%
  
  
  
Building Products - 0.2%
  
  
  
Daikin Industries Ltd
 
73,369
8,791,835
Industrial Conglomerates - 2.7%
  
  
  
Hitachi Ltd
 
3,966,333
137,632,294
Machinery - 2.8%
  
  
  
Ebara Corp
 
1,162,977
34,988,504
Hoshizaki Corp
 
66,715
2,194,663
Japan Steel Works Ltd/The
 
157,931
8,709,880
Kawasaki Heavy Industries Ltd
 
249,228
20,734,108
Mitsubishi Heavy Industries Ltd
 
2,626,865
77,345,255
 
  
  
143,972,410
Professional Services - 0.3%
  
  
  
BayCurrent Inc
 
295,101
10,375,062
Visional Inc (b)
  
72,300
3,979,863
 
  
  
14,354,925
Trading Companies & Distributors - 2.6%
  
  
  
ITOCHU Corp
 
5,534,585
70,856,931
Marubeni Corp
 
663,948
21,944,262
Sumitomo Corp
 
560,200
22,749,213
Toyota Tsusho Corp
 
500,200
18,119,160
 
  
  
133,669,566
TOTAL INDUSTRIALS
  
  
438,421,030
Information Technology - 4.0%
  
  
  
IT Services - 0.9%
  
  
  
Fujitsu Ltd
 
1,500,428
41,690,566
NEC Corp
 
120,800
4,066,736
 
  
  
45,757,302
Semiconductors & Semiconductor Equipment - 2.9%
  
  
  
Advantest Corp
 
421,078
69,395,157
Disco Corp
 
13,600
5,797,008
Renesas Electronics Corp
 
3,607,703
59,979,710
Tokyo Electron Ltd
 
57,900
15,427,981
 
  
  
150,599,856
Technology Hardware, Storage & Peripherals - 0.2%
  
  
  
FUJIFILM Holdings Corp
 
521,406
10,415,220
TOTAL INFORMATION TECHNOLOGY
  
  
206,772,378
Materials - 0.7%
  
  
  
Chemicals - 0.7%
  
  
  
Nissan Chemical Corp
 
286,164
9,842,666
Shin-Etsu Chemical Co Ltd
 
831,804
27,353,530
TOTAL MATERIALS
  
  
37,196,196
TOTAL JAPAN
  
  
973,799,428
KOREA (SOUTH) - 2.5%
 
  
  
Information Technology - 2.5%
  
  
  
Semiconductors & Semiconductor Equipment - 1.5%
  
  
  
SK Hynix Inc
 
120,100
75,252,390
Technology Hardware, Storage & Peripherals - 1.0%
  
  
  
Samsung Electronics Co Ltd
 
480,030
53,107,618
TOTAL KOREA (SOUTH)
  
  
128,360,008
MEXICO - 0.2%
 
  
  
Materials - 0.2%
  
  
  
Construction Materials - 0.2%
  
  
  
Cemex SAB de CV ADR
 
1,035,899
12,928,020
NETHERLANDS - 4.2%
 
  
  
Health Care - 0.3%
  
  
  
Biotechnology - 0.3%
  
  
  
Argenx SE (b)
  
17,839
15,002,090
Industrials - 0.3%
  
  
  
Professional Services - 0.3%
  
  
  
Wolters Kluwer NV
 
183,647
17,245,024
Information Technology - 3.6%
  
  
  
Semiconductors & Semiconductor Equipment - 3.6%
  
  
  
ASM International NV
 
29,269
24,625,808
ASML Holding NV depository receipt
 
105,313
149,860,399
BE Semiconductor Industries NV
 
59,194
11,542,242
TOTAL INFORMATION TECHNOLOGY
  
  
186,028,449
TOTAL NETHERLANDS
  
  
218,275,563
PORTUGAL - 0.0%
 
  
  
Consumer Staples - 0.0%
  
  
  
Consumer Staples Distribution & Retail - 0.0%
  
  
  
Jeronimo Martins SGPS SA
 
53,318
1,258,321
SINGAPORE - 1.3%
 
  
  
Consumer Discretionary - 0.2%
  
  
  
Broadline Retail - 0.2%
  
  
  
Sea Ltd Class A ADR (b)
  
90,139
10,500,292
Financials - 1.1%
  
  
  
Banks - 1.1%
  
  
  
DBS Group Holdings Ltd
 
1,224,079
56,965,236
TOTAL SINGAPORE
  
  
67,465,528
SPAIN - 4.5%
 
  
  
Consumer Discretionary - 0.3%
  
  
  
Specialty Retail - 0.3%
  
  
  
Industria de Diseno Textil SA
 
241,659
15,724,783
Financials - 4.2%
  
  
  
Banks - 4.2%
  
  
  
Banco Santander SA
 
10,021,476
127,954,898
CaixaBank SA
 
6,936,986
91,569,530
TOTAL FINANCIALS
  
  
219,524,428
TOTAL SPAIN
  
  
235,249,211
SWEDEN - 2.9%
 
  
  
Financials - 1.1%
  
  
  
Financial Services - 1.1%
  
  
  
Investor AB B Shares
 
1,516,670
58,436,278
Industrials - 1.3%
  
  
  
Building Products - 0.4%
  
  
  
Assa Abloy AB B Shares
 
562,109
22,728,277
Machinery - 0.9%
  
  
  
Atlas Copco AB A Shares
 
1,217,186
25,101,051
Epiroc AB A Shares
 
313,969
8,801,553
Indutrade AB
 
371,857
8,725,019
 
  
  
42,627,623
TOTAL INDUSTRIALS
  
  
65,355,900
Information Technology - 0.5%
  
  
  
Electronic Equipment, Instruments & Components - 0.5%
  
  
  
Hexagon AB B Shares
 
2,460,293
27,739,897
Software - 0.0%
  
  
  
Kry International Ab (b)(e)(f)
  
30,819
477,464
TOTAL INFORMATION TECHNOLOGY
  
  
28,217,361
TOTAL SWEDEN
  
  
152,009,539
SWITZERLAND - 1.7%
 
  
  
Consumer Discretionary - 0.9%
  
  
  
Textiles, Apparel & Luxury Goods - 0.9%
  
  
  
Cie Financiere Richemont SA Series A
 
235,968
45,803,680
Financials - 0.8%
  
  
  
Insurance - 0.8%
  
  
  
Zurich Insurance Group AG
 
62,377
44,376,368
TOTAL SWITZERLAND
  
  
90,180,048
TAIWAN - 2.1%
 
  
  
Information Technology - 2.1%
  
  
  
Semiconductors & Semiconductor Equipment - 2.1%
  
  
  
Taiwan Semiconductor Manufacturing Co Ltd ADR
 
326,307
107,864,042
UNITED KINGDOM - 16.0%
 
  
  
Communication Services - 0.1%
  
  
  
Diversified Telecommunication Services - 0.1%
  
  
  
Zegona Communications plc
 
275,416
5,935,631
Consumer Discretionary - 1.7%
  
  
  
Hotels, Restaurants & Leisure - 1.5%
  
  
  
Compass Group PLC
 
1,219,033
36,553,239
InterContinental Hotels Group PLC
 
291,202
39,254,030
 
  
  
75,807,269
Leisure Products - 0.2%
  
  
  
Games Workshop Group PLC
 
59,556
13,894,633
TOTAL CONSUMER DISCRETIONARY
  
  
89,701,902
Consumer Staples - 1.3%
  
  
  
Tobacco - 1.3%
  
  
  
British American Tobacco PLC
 
1,072,942
64,820,290
Financials - 6.8%
  
  
  
Banks - 5.4%
  
  
  
HSBC Holdings PLC
 
942,948
16,634,475
Lloyds Banking Group PLC
 
77,848,634
116,243,936
NatWest Group PLC
 
11,580,738
105,555,940
Standard Chartered PLC
 
1,077,500
27,569,380
Starling Bank Ltd (e)(f)
  
2,406,800
7,410,026
 
  
  
273,413,757
Capital Markets - 1.2%
  
  
  
3i Group PLC
 
762,976
35,050,448
London Stock Exchange Group PLC
 
254,035
28,232,786
 
  
  
63,283,234
Insurance - 0.2%
  
  
  
Admiral Group PLC
 
212,203
7,985,119
TOTAL FINANCIALS
  
  
344,682,110
Health Care - 1.7%
  
  
  
Health Care Equipment & Supplies - 0.4%
  
  
  
Convatec Group PLC (c)(d)
  
6,784,465
21,352,102
Pharmaceuticals - 1.3%
  
  
  
Astrazeneca PLC
 
350,324
65,270,299
TOTAL HEALTH CARE
  
  
86,622,401
Industrials - 3.8%
  
  
  
Aerospace & Defense - 2.8%
  
  
  
BAE Systems PLC
 
1,262,783
34,280,699
Rolls-Royce Holdings PLC
 
6,646,718
111,113,029
 
  
  
145,393,728
Professional Services - 0.7%
  
  
  
Intertek Group PLC
 
181,038
11,058,370
RELX PLC (Netherlands)
 
678,118
24,178,520
 
  
  
35,236,890
Trading Companies & Distributors - 0.3%
  
  
  
RS GROUP PLC
 
1,793,621
16,443,819
TOTAL INDUSTRIALS
  
  
197,074,437
Utilities - 0.6%
  
  
  
Electric Utilities - 0.6%
  
  
  
SSE PLC
 
1,004,142
33,375,120
TOTAL UNITED KINGDOM
  
  
822,211,891
UNITED STATES - 7.5%
 
  
  
Energy - 1.6%
  
  
  
Oil, Gas & Consumable Fuels - 1.6%
  
  
  
Shell PLC
 
2,191,728
84,248,953
Health Care - 1.4%
  
  
  
Health Care Equipment & Supplies - 0.5%
  
  
  
Alcon AG
 
321,231
25,937,829
Pharmaceuticals - 0.9%
  
  
  
GSK PLC
 
205,581
5,316,666
Roche Holding AG non-voting shares
 
90,020
40,935,688
 
  
  
46,252,354
TOTAL HEALTH CARE
  
  
72,190,183
Industrials - 2.3%
  
  
  
Electrical Equipment - 1.7%
  
  
  
Schneider Electric SE
 
290,428
83,266,281
Professional Services - 0.2%
  
  
  
Experian PLC
 
319,196
12,089,465
Trading Companies & Distributors - 0.4%
  
  
  
Ferguson Enterprises Inc (United Kingdom)
 
82,045
20,701,901
TOTAL INDUSTRIALS
  
  
116,057,647
Materials - 2.2%
  
  
  
Chemicals - 0.1%
  
  
  
Linde PLC
 
16,868
7,708,170
Construction Materials - 2.1%
  
  
  
CRH PLC (United Kingdom)
 
514,883
62,605,438
Holcim AG
 
435,884
44,926,075
 
  
  
107,531,513
TOTAL MATERIALS
  
  
115,239,683
TOTAL UNITED STATES
  
  
387,736,466
 
TOTAL COMMON STOCKS
 (Cost $3,102,321,025)
  
  
  
4,939,852,126
 
  
  
  
Convertible Preferred Stocks - 0.5%
 
  
Shares
Value ($)
 
CANADA - 0.1%
 
  
  
Information Technology - 0.1%
  
  
  
Software - 0.1%
  
  
  
Valsoft Corp Series A-1.2 (e)(f)
  
231
2,287,524
Valsoft Corp Series A-1.3 (e)(f)
  
82
812,021
Valsoft Corp Series A-1.4 (e)(f)
  
105
1,039,784
 
  
  
  
TOTAL CANADA
  
  
4,139,329
ESTONIA - 0.1%
 
  
  
Information Technology - 0.1%
  
  
  
Software - 0.1%
  
  
  
Bolt Technology OU Series E (b)(e)(f)
  
21,668
4,701,486
UNITED STATES - 0.3%
 
  
  
Information Technology - 0.3%
  
  
  
Technology Hardware, Storage & Peripherals - 0.3%
  
  
  
Wasabi Holdings Inc Series C (b)(e)(f)
  
743,562
9,733,227
Wasabi Holdings Inc Series D (b)(e)(f)
  
304,085
5,786,738
Wasabi Holdings Inc Series D1 (e)(f)
  
47,437
864,301
 
  
  
  
TOTAL UNITED STATES
  
  
16,384,266
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $23,826,674)
  
  
  
25,225,081
 
  
  
  
Non-Convertible Preferred Stocks - 0.3%
 
  
Shares
Value ($)
 
GERMANY - 0.3%
 
  
  
Health Care - 0.3%
  
  
  
Life Sciences Tools & Services - 0.3%
  
  
  
Sartorius AG
  (Cost $18,113,221)
  
60,737
16,976,327
 
  
  
  
Money Market Funds - 3.5%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (g)
  
3.70
180,831,884
180,868,050
Fidelity Securities Lending Cash Central Fund (g)(h)
  
3.70
1,170,094
1,170,211
 
TOTAL MONEY MARKET FUNDS
 (Cost $182,040,287)
  
  
  
182,038,261
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.8%
 (Cost $3,326,301,207)
 
  
 
5,164,091,795
NET OTHER ASSETS (LIABILITIES) - 0.2%  
10,006,798
NET ASSETS - 100.0%
5,174,098,593
 
  
Legend
 
(a)
Security or a portion of the security is on loan at period end.
 
(b)
Non-income producing.
 
(c)
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 $36,200,759 or 0.7% of net assets.
 
(d)
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $36,200,759 or 0.7% of net assets.
 
(e)
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 $33,112,571 or 0.6% of net assets.
 
(f)
Level 3 security.
 
(g)
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.
 
(h)
Investment made with cash collateral received from securities on loan.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Bolt Technology OU Series E
1/3/2022
5,629,271
 
  
  
Kry International Ab
5/14/2021 - 10/30/2024
2,038,126
 
  
  
Starling Bank Ltd
6/18/2021 - 4/5/2022
4,642,638
 
  
  
Valsoft Corp Series A-1.2
3/14/2025
2,705,867
 
  
  
Valsoft Corp Series A-1.3
3/17/2025
814,003
 
  
  
Valsoft Corp Series A-1.4
3/17/2025
1,381,954
 
  
  
Wasabi Holdings Inc Series C
3/31/2021
8,078,504
 
  
  
Wasabi Holdings Inc Series D
9/9/2022
4,319,984
 
  
  
Wasabi Holdings Inc Series D1
11/14/2025
897,091
 
  
  
 
 
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 ($)
  
 
Shares,
end
of period
% ownership,
end
of period
Fidelity Cash Central Fund
81,438,649
371,418,679
271,973,690
1,132,173
(12,939)
(2,649)
180,868,050
180,831,884
0.3%
Fidelity Securities Lending Cash Central Fund
10,071,813
63,553,708
72,454,221
14,532
(1,089)
-
1,170,211
1,170,094
0.0%
Total
91,510,462
434,972,387
344,427,911
1,146,705
(14,028)
(2,649)
182,038,261
  
  
 
  
  
  
  
  
  
  
  
  
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 income 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.
 
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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