Quarterly Holdings Report
for
Fidelity® Mid Cap Index Fund
January 31, 2026
MCX-NPRT3-0426
1.929302.114
Common Stocks - 99.7%
 
 
Shares
Value ($)
 
AUSTRALIA - 0.4%
 
 
 
Materials - 0.4%
 
 
 
Metals & Mining - 0.4%
 
 
 
Anglogold Ashanti Plc
 
1,832,657
170,198,856
BELGIUM - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Liberty Global Ltd Class A (b)
 
610,738
6,773,085
Liberty Global Ltd Class C (b)
 
485,153
5,375,495
 
 
 
 
TOTAL BELGIUM
 
 
12,148,580
BERMUDA - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Insurance - 0.1%
 
 
 
RenaissanceRe Holdings Ltd
 
164,724
46,402,751
BRAZIL - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Capital Markets - 0.1%
 
 
 
XP Inc Class A
 
1,439,040
28,075,670
CANADA - 0.4%
 
 
 
Consumer Discretionary - 0.2%
 
 
 
Hotels, Restaurants & Leisure - 0.2%
 
 
 
Restaurant Brands International Inc (United States)
 
1,177,101
78,853,996
Industrials - 0.2%
 
 
 
Commercial Services & Supplies - 0.2%
 
 
 
RB Global Inc (United States)
 
674,448
76,597,059
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Brookfield Renewable Corp Class A (United States)
 
491,373
20,460,772
TOTAL CANADA
 
 
175,911,827
FINLAND - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Amer Sports Inc (b)
 
542,792
19,882,471
GERMANY - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Birkenstock Holding Plc (b)(c)
 
193,687
7,313,621
GRAND CAYMAN (UK OVERSEAS TER) - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Bullish (c)
 
120,448
3,637,529
GUATEMALA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Millicom International Cellular SA
 
362,873
22,146,139
JAPAN - 0.0%
 
 
 
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Allegro MicroSystems Inc (b)
 
447,743
16,526,194
KAZAKHSTAN - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Freedom Holding Corp/NV (b)(c)
 
64,261
7,949,086
KOREA (SOUTH) - 0.2%
 
 
 
Consumer Discretionary - 0.2%
 
 
 
Broadline Retail - 0.2%
 
 
 
Coupang Inc Class A (b)
 
4,760,187
95,965,370
PUERTO RICO - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Popular Inc
 
238,888
31,898,715
SWITZERLAND - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
On Holding AG Class A (b)
 
811,836
36,735,579
UNITED KINGDOM - 0.2%
 
 
 
Energy - 0.2%
 
 
 
Energy Equipment & Services - 0.2%
 
 
 
TechnipFMC PLC
 
1,458,369
81,260,321
UNITED STATES - 98.1%
 
 
 
Communication Services - 3.7%
 
 
 
Diversified Telecommunication Services - 0.2%
 
 
 
AST SpaceMobile Inc Class A (b)(c)
 
800,755
89,051,964
GCI LLC Class A
 
11,654
436,675
GCI LLC Class C
 
117,668
4,352,539
Iridium Communications Inc
 
334,100
6,655,272
 
 
 
100,496,450
Entertainment - 2.1%
 
 
 
Electronic Arts Inc
 
914,970
186,580,682
Liberty Media Corp-Liberty Formula One Class A (b)
 
82,141
6,545,816
Liberty Media Corp-Liberty Formula One Class C (b)
 
763,504
66,440,118
Live Nation Entertainment Inc (b)
 
575,777
83,746,765
Madison Square Garden Sports Corp Class A (b)
 
58,578
16,609,791
ROBLOX Corp Class A (b)
 
2,256,714
148,401,513
Roku Inc Class A (b)
 
468,905
44,639,756
Take-Two Interactive Software Inc (b)
 
662,813
146,017,704
TKO Group Holdings Inc Class A
 
250,084
50,662,017
Warner Bros Discovery Inc (b)
 
8,474,418
233,385,472
 
 
 
983,029,634
Interactive Media & Services - 0.4%
 
 
 
IAC Inc Class A (b)
 
244,421
9,031,356
Match Group Inc
 
872,601
27,181,521
Pinterest Inc Class A (b)
 
2,149,161
47,560,933
Reddit Inc Class A (b)
 
451,901
81,464,193
Trump Media & Technology Group Corp (b)
 
583,444
7,456,414
ZoomInfo Technologies Inc (b)
 
965,092
7,768,991
 
 
 
180,463,408
Media - 1.0%
 
 
 
Charter Communications Inc Class A (b)(c)
 
304,538
62,771,373
DoubleVerify Holdings Inc (b)
 
521,431
5,641,883
Fox Corp Class A
 
752,325
54,754,214
Fox Corp Class B
 
541,070
35,477,959
Liberty Broadband Corp Class A (b)
 
60,226
2,892,052
Liberty Broadband Corp Class C (b)
 
413,207
19,879,389
New York Times Co/The Class A
 
583,826
42,800,284
News Corp Class A
 
1,377,798
37,241,880
News Corp Class B
 
457,966
14,242,743
Nexstar Media Group Inc
 
102,546
21,778,719
NIQ Global Intelligence Plc (c)
 
173,010
2,939,440
Omnicom Group Inc
 
1,164,807
89,736,731
Sirius XM Holdings Inc
 
690,353
14,048,684
Trade Desk Inc (The) Class A (b)
 
1,623,572
49,242,939
 
 
 
453,448,290
TOTAL COMMUNICATION SERVICES
 
 
1,717,437,782
Consumer Discretionary - 10.8%
 
 
 
Automobile Components - 0.3%
 
 
 
Aptiv PLC (b)
 
790,288
59,864,316
BorgWarner Inc
 
772,079
36,604,265
Gentex Corp
 
798,282
18,368,469
Lear Corp
 
188,055
22,019,360
QuantumScape Corp Class A (b)(c)
 
1,635,358
14,472,918
 
 
 
151,329,328
Automobiles - 0.6%
 
 
 
Ford Motor Co
 
14,203,730
197,147,772
Harley-Davidson Inc
 
398,856
7,897,349
Lucid Group Inc (b)(c)
 
452,495
5,009,119
Rivian Automotive Inc Class A (b)(c)
 
2,860,924
42,198,629
Thor Industries Inc
 
183,219
20,496,710
 
 
 
272,749,579
Broadline Retail - 0.5%
 
 
 
Dillard's Inc Class A (c)
 
10,739
6,524,587
eBay Inc
 
1,643,667
149,935,304
Etsy Inc (b)
 
356,897
18,901,265
Macy's Inc
 
971,706
19,453,554
Ollie's Bargain Outlet Holdings Inc (b)
 
222,714
24,567,581
 
 
 
219,382,291
Distributors - 0.3%
 
 
 
Genuine Parts Co
 
504,605
70,135,049
LKQ Corp
 
934,247
30,690,014
Pool Corp
 
119,998
30,490,292
 
 
 
131,315,355
Diversified Consumer Services - 0.3%
 
 
 
ADT Inc
 
1,857,258
14,858,064
Bright Horizons Family Solutions Inc (b)
 
206,767
19,152,827
Duolingo Inc Class A (b)
 
138,475
18,563,959
Grand Canyon Education Inc (b)
 
100,022
17,387,824
H&R Block Inc
 
460,787
18,178,047
Liberty Live Holdings Inc Class A
 
71,574
5,757,413
Liberty Live Holdings Inc Class C
 
166,500
13,749,570
Service Corp International/US
 
496,118
39,902,771
 
 
 
147,550,475
Hotels, Restaurants & Leisure - 3.7%
 
 
 
Aramark
 
949,214
36,535,247
Boyd Gaming Corp
 
200,124
16,918,483
Caesars Entertainment Inc (b)(c)
 
736,815
15,252,071
Carnival Corp (b)
 
3,932,576
118,055,932
Cava Group Inc (b)(c)
 
363,009
22,005,606
Choice Hotels International Inc (c)
 
98,320
10,107,296
Churchill Downs Inc
 
240,449
23,650,564
Darden Restaurants Inc
 
425,079
84,739,499
Domino's Pizza Inc
 
114,109
46,822,346
DraftKings Inc Class A (b)
 
1,748,495
48,101,097
Dutch Bros Inc Class A (b)
 
426,649
23,205,439
Expedia Group Inc Class A
 
426,379
112,922,214
Flutter Entertainment PLC (b)
 
575,163
94,988,169
Hilton Worldwide Holdings Inc
 
829,836
247,714,344
Hyatt Hotels Corp Class A (c)
 
147,786
23,109,297
Las Vegas Sands Corp
 
1,115,061
58,797,167
MGM Resorts International (b)
 
745,296
24,997,228
Norwegian Cruise Line Holdings Ltd (b)
 
1,633,348
35,868,322
Penn Entertainment Inc (b)
 
525,046
6,741,590
Planet Fitness Inc Class A (b)
 
305,253
27,790,233
Royal Caribbean Cruises Ltd
 
921,856
299,280,550
Texas Roadhouse Inc
 
240,821
43,314,065
Travel + Leisure Co
 
223,399
15,535,166
Vail Resorts Inc (c)
 
125,522
16,703,213
Viking Holdings Ltd (b)
 
634,184
45,756,376
Wendy's Co/The (c)
 
581,406
4,529,152
Wingstop Inc
 
101,048
26,821,171
Wyndham Hotels & Resorts Inc
 
269,210
19,595,796
Wynn Resorts Ltd
 
277,522
29,819,739
Yum! Brands Inc
 
1,014,144
157,699,392
 
 
 
1,737,376,764
Household Durables - 1.6%
 
 
 
DR Horton Inc
 
956,969
142,435,267
Garmin Ltd
 
593,003
119,573,126
Lennar Corp Class A
 
746,639
81,644,975
Lennar Corp Class B
 
33,948
3,437,574
Mohawk Industries Inc (b)
 
184,578
21,850,344
Newell Brands Inc
 
1,516,392
6,444,666
NVR Inc (b)
 
9,939
75,891,520
PulteGroup Inc
 
706,693
88,400,227
SharkNinja Inc (b)
 
303,007
35,815,427
Somnigroup International Inc
 
735,578
64,620,527
Toll Brothers Inc
 
348,884
50,410,249
TopBuild Corp (b)
 
102,068
47,772,927
Whirlpool Corp (c)
 
195,159
15,610,768
 
 
 
753,907,597
Leisure Products - 0.2%
 
 
 
Brunswick Corp/DE
 
238,282
19,114,982
Hasbro Inc
 
480,920
42,950,966
Mattel Inc (b)
 
1,124,533
23,491,494
YETI Holdings Inc (b)
 
294,517
13,462,372
 
 
 
99,019,814
Specialty Retail - 2.6%
 
 
 
AutoNation Inc (b)
 
96,700
19,821,566
Bath & Body Works Inc
 
749,704
16,343,547
Best Buy Co Inc
 
703,209
45,778,906
Burlington Stores Inc (b)
 
228,659
67,651,052
CarMax Inc (b)
 
533,399
23,757,591
Carvana Co Class A (b)
 
491,862
197,290,767
Chewy Inc Class A (b)
 
795,580
23,159,334
Dick's Sporting Goods Inc
 
230,239
46,508,278
Five Below Inc (b)
 
195,890
37,540,360
Floor & Decor Holdings Inc Class A (b)
 
387,203
25,539,910
GameStop Corp Class A (b)(c)
 
1,490,785
35,599,946
Gap Inc/The
 
824,581
23,071,776
Lithia Motors Inc Class A
 
86,709
28,045,159
Murphy USA Inc
 
61,922
26,162,664
Penske Automotive Group Inc
 
66,567
10,437,040
RH (b)
 
55,537
11,042,422
Ross Stores Inc
 
1,159,343
218,710,057
Tractor Supply Co
 
1,934,182
98,411,180
Ulta Beauty Inc (b)
 
164,282
106,349,596
Valvoline Inc (b)(c)
 
462,213
15,123,609
Wayfair Inc Class A (b)
 
356,290
36,872,452
Williams-Sonoma Inc
 
430,891
88,181,843
 
 
 
1,201,399,055
Textiles, Apparel & Luxury Goods - 0.7%
 
 
 
Columbia Sportswear Co
 
94,597
5,229,322
Crocs Inc (b)
 
183,133
15,368,521
Deckers Outdoor Corp (b)
 
527,936
63,003,882
Lululemon Athletica Inc (b)
 
377,733
65,914,409
PVH Corp
 
173,522
10,820,832
Ralph Lauren Corp Class A
 
138,100
48,805,921
Tapestry Inc
 
752,462
95,494,953
Under Armour Inc Class A (b)(c)
 
687,327
4,240,808
Under Armour Inc Class C (b)(c)
 
679,036
4,121,748
VF Corp
 
1,277,560
25,027,400
 
 
 
338,027,796
TOTAL CONSUMER DISCRETIONARY
 
 
5,052,058,054
Consumer Staples - 4.7%
 
 
 
Beverages - 0.5%
 
 
 
Boston Beer Co Inc/The Class A (b)
 
28,081
5,998,662
Brown-Forman Corp Class A
 
158,774
4,418,680
Brown-Forman Corp Class B (c)
 
537,998
14,725,006
Celsius Holdings Inc (b)
 
598,117
31,389,180
Coca-Cola Consolidated Inc
 
206,123
31,343,063
Constellation Brands Inc Class A
 
516,888
80,996,350
Molson Coors Beverage Co Class B
 
594,297
28,550,028
Primo Brands Corp Class A
 
933,958
17,689,165
 
 
 
215,110,134
Consumer Staples Distribution & Retail - 1.7%
 
 
 
Albertsons Cos Inc Class A
 
1,439,256
23,963,612
BJ's Wholesale Club Holdings Inc (b)
 
475,463
43,951,800
Casey's General Stores Inc
 
134,611
81,641,572
Dollar General Corp
 
799,194
114,628,395
Dollar Tree Inc (b)
 
700,883
82,416,832
Kroger Co/The
 
2,206,244
138,662,435
Maplebear Inc (b)
 
626,838
23,293,300
Performance Food Group Co (b)
 
555,189
52,992,790
Sprouts Farmers Market Inc (b)
 
356,556
25,283,386
Sysco Corp
 
1,743,780
146,215,954
US Foods Holding Corp (b)
 
816,071
68,239,857
 
 
 
801,289,933
Food Products - 1.7%
 
 
 
Archer-Daniels-Midland Co
 
1,738,918
117,046,571
Bunge Global SA
 
490,004
55,801,656
Campbell's Company/The
 
706,226
19,760,203
Conagra Brands Inc
 
1,733,557
32,088,140
Darling Ingredients Inc (b)
 
568,865
25,974,376
Flowers Foods Inc (c)
 
680,022
7,772,651
Freshpet Inc (b)
 
173,077
12,063,467
General Mills Inc
 
1,942,990
89,882,717
Hershey Co/The
 
529,960
103,209,710
Hormel Foods Corp
 
1,053,574
25,928,456
Ingredion Inc
 
232,178
27,420,222
JM Smucker Co
 
376,839
39,515,338
Kraft Heinz Co/The
 
3,110,039
73,832,326
Lamb Weston Holdings Inc
 
489,107
22,464,685
McCormick & Co Inc/MD
 
920,859
56,936,712
Pilgrim's Pride Corp
 
150,248
6,516,256
Post Holdings Inc (b)
 
176,285
18,035,718
Seaboard Corp
 
921
4,680,780
Smithfield Foods Inc
 
164,048
3,920,747
Tyson Foods Inc Class A
 
1,017,683
66,485,230
 
 
 
809,335,961
Household Products - 0.3%
 
 
 
Church & Dwight Co Inc
 
874,250
84,146,563
Clorox Co/The
 
443,152
49,983,113
Reynolds Consumer Products Inc
 
198,264
4,593,776
 
 
 
138,723,452
Personal Care Products - 0.5%
 
 
 
BellRing Brands Inc (b)
 
457,630
11,381,258
Coty Inc Class A (b)
 
1,257,534
3,986,383
elf Beauty Inc (b)(c)
 
199,211
16,930,943
Estee Lauder Cos Inc/The Class A
 
891,565
102,779,613
Kenvue Inc
 
6,913,687
120,298,154
 
 
 
255,376,351
TOTAL CONSUMER STAPLES
 
 
2,219,835,831
Energy - 5.8%
 
 
 
Energy Equipment & Services - 0.8%
 
 
 
Baker Hughes Co Class A
 
3,608,428
202,216,305
Halliburton Co
 
3,053,563
102,355,432
NOV Inc
 
1,319,609
24,214,825
Weatherford International PLC
 
256,017
24,086,079
 
 
 
352,872,641
Oil, Gas & Consumable Fuels - 5.0%
 
 
 
Antero Midstream Corp
 
1,216,851
22,901,136
Antero Resources Corp (b)
 
1,054,076
38,336,744
APA Corp
 
1,276,416
33,710,147
Cheniere Energy Inc
 
775,268
163,984,687
Chord Energy Corp
 
208,621
20,912,169
Coterra Energy Inc
 
2,744,661
79,183,470
Devon Energy Corp
 
2,232,527
89,769,911
Diamondback Energy Inc
 
682,927
111,965,882
DT Midstream Inc
 
369,156
46,521,039
EQT Corp
 
2,261,239
130,541,327
Expand Energy Corp
 
827,336
93,000,840
HF Sinclair Corp
 
567,436
29,500,998
Kinder Morgan Inc
 
7,075,525
215,732,757
Marathon Petroleum Corp
 
1,106,527
194,958,992
Matador Resources Co
 
424,859
19,220,621
Occidental Petroleum Corp
 
2,565,995
116,470,513
ONEOK Inc
 
2,273,641
180,049,631
Ovintiv Inc
 
932,633
40,541,557
Permian Resources Holdings Inc/DE Class A
 
2,587,374
41,734,343
Phillips 66
 
1,466,290
210,500,592
Range Resources Corp
 
858,898
32,509,289
Targa Resources Corp
 
772,796
155,316,540
Texas Pacific Land Corp
 
209,878
73,113,100
Valero Energy Corp
 
1,106,016
200,664,483
Viper Energy Inc Class A
 
614,660
26,024,704
 
 
 
2,367,165,472
TOTAL ENERGY
 
 
2,720,038,113
Financials - 14.5%
 
 
 
Banks - 2.7%
 
 
 
Bank OZK
 
388,285
18,466,835
BOK Financial Corp
 
80,502
10,460,429
Citizens Financial Group Inc
 
1,561,810
98,362,794
Columbia Banking System Inc
 
1,076,595
31,694,957
Comerica Inc
 
464,495
41,186,772
Commerce Bancshares Inc/MO
 
470,851
24,785,597
Cullen/Frost Bankers Inc
 
216,320
29,813,222
East West Bancorp Inc
 
497,333
56,914,789
Fifth Third Bancorp
 
2,422,762
121,671,108
First Citizens BancShares Inc/NC Class A
 
32,903
68,095,062
First Hawaiian Inc
 
448,414
11,905,391
First Horizon Corp
 
1,829,286
44,799,214
FNB Corp/PA
 
1,291,675
22,668,896
Huntington Bancshares Inc/OH
 
7,298,324
127,574,704
KeyCorp
 
3,440,756
74,045,069
M&T Bank Corp
 
559,286
123,920,999
Pinnacle Financial Partners Inc
 
541,957
51,534,691
Prosperity Bancshares Inc (c)
 
332,715
22,960,662
Regions Financial Corp
 
3,217,640
91,702,740
SOUTHSTATE BANK CORP
 
364,883
37,338,477
TFS Financial Corp (c)
 
190,773
2,685,129
Webster Financial Corp
 
596,207
39,212,534
Western Alliance Bancorp
 
392,497
34,991,108
Wintrust Financial Corp
 
240,167
35,422,231
Zions Bancorp NA
 
527,627
31,610,134
 
 
 
1,253,823,544
Capital Markets - 5.5%
 
 
 
Affiliated Managers Group Inc
 
100,421
31,440,811
Ameriprise Financial Inc
 
338,187
178,288,805
Ares Management Corp Class A
 
684,600
102,464,082
Bank of New York Mellon Corp/The
 
2,538,740
304,445,701
Blue Owl Capital Inc Class A
 
2,309,618
31,503,190
Carlyle Group Inc/The
 
951,530
55,930,933
Cboe Global Markets Inc
 
381,170
101,032,920
Coinbase Global Inc Class A (b)
 
810,808
157,896,750
Evercore Inc Class A
 
134,123
47,381,632
FactSet Research Systems Inc
 
136,219
34,648,665
Franklin Resources Inc
 
1,105,089
29,417,469
Hamilton Lane Inc Class A
 
147,190
20,789,116
Houlihan Lokey Inc Class A
 
196,793
33,124,198
Invesco Ltd
 
1,324,227
36,138,155
Janus Henderson Group PLC
 
452,158
21,762,365
Jefferies Financial Group Inc
 
557,049
34,080,258
Lazard Inc
 
334,692
17,979,654
LPL Financial Holdings Inc
 
289,922
105,676,569
MarketAxess Holdings Inc
 
132,608
22,441,252
Morningstar Inc
 
82,239
16,619,679
MSCI Inc
 
264,937
161,404,919
Nasdaq Inc
 
1,647,536
159,629,763
Northern Trust Corp
 
683,952
102,202,947
Raymond James Financial Inc
 
648,830
107,614,944
Robinhood Markets Inc Class A (b)
 
2,692,824
267,882,132
SEI Investments Co
 
372,325
32,708,751
State Street Corp
 
1,013,944
132,684,712
Stifel Financial Corp
 
359,683
44,348,914
T Rowe Price Group Inc
 
786,832
83,152,406
TPG Inc Class A
 
481,203
28,347,669
Tradeweb Markets Inc Class A
 
424,169
43,719,099
Virtu Financial Inc Class A
 
288,899
11,992,196
 
 
 
2,558,750,656
Consumer Finance - 0.6%
 
 
 
Ally Financial Inc
 
1,004,049
42,451,192
Credit Acceptance Corp (b)(c)
 
15,943
7,943,440
Figure Technology Solutions Inc Class A (c)
 
126,321
7,185,138
OneMain Holdings Inc
 
433,345
28,401,431
SLM Corp
 
736,260
19,989,459
SoFi Technologies Inc Class A (b)
 
4,411,764
100,632,338
Synchrony Financial
 
1,309,740
95,126,416
 
 
 
301,729,414
Financial Services - 1.6%
 
 
 
Affirm Holdings Inc Class A (b)
 
1,000,031
60,301,869
Block Inc Class A (b)
 
1,946,073
117,601,192
Corebridge Financial Inc
 
958,414
29,547,904
Corpay Inc (b)
 
247,266
77,797,302
Equitable Holdings Inc
 
1,093,976
50,760,486
Euronet Worldwide Inc (b)
 
141,915
10,283,161
Fidelity National Information Services Inc
 
1,915,881
105,852,425
Global Payments Inc
 
876,506
62,880,540
Jack Henry & Associates Inc
 
264,145
47,337,425
MGIC Investment Corp
 
800,005
21,536,135
Rocket Cos Inc Class A
 
3,425,464
61,418,570
Shift4 Payments Inc Class A (b)(c)
 
240,795
14,216,537
Toast Inc Class A (b)
 
1,685,245
52,427,972
UWM Holdings Corp Class A
 
621,032
3,049,267
Voya Financial Inc
 
349,873
26,821,264
Western Union Co/The (c)
 
1,154,744
10,819,951
WEX Inc (b)
 
123,482
19,003,880
 
 
 
771,655,880
Insurance - 3.8%
 
 
 
Allstate Corp/The
 
960,121
191,054,479
American Financial Group Inc/OH
 
240,565
31,338,403
Arch Capital Group Ltd (b)
 
1,297,748
124,635,718
Assurant Inc
 
184,388
43,908,314
Assured Guaranty Ltd
 
161,561
13,708,451
Axis Capital Holdings Ltd
 
270,313
27,890,895
Brighthouse Financial Inc (b)
 
207,916
13,319,099
Brown & Brown Inc
 
1,050,584
75,747,106
Cincinnati Financial Corp
 
560,487
90,176,753
CNA Financial Corp
 
77,177
3,693,691
Everest Group Ltd
 
150,902
49,990,815
Fidelity National Financial Inc
 
935,796
50,897,944
First American Financial Corp
 
353,936
22,361,676
Globe Life Inc
 
289,622
40,610,797
Hanover Insurance Group Inc/The
 
128,680
22,408,335
Hartford Insurance Group Inc/The
 
1,022,067
138,040,369
Kemper Corp
 
226,898
8,942,050
Kinsale Capital Group Inc
 
80,452
31,849,338
Lincoln National Corp
 
619,600
25,781,556
Loews Corp
 
613,162
64,731,512
Markel Group Inc (b)
 
45,330
92,502,211
Old Republic International Corp
 
831,471
32,568,719
Primerica Inc
 
117,419
30,885,894
Principal Financial Group Inc
 
791,833
75,002,422
Prudential Financial Inc
 
1,274,204
141,576,806
Reinsurance Group of America Inc
 
239,974
48,654,729
RLI Corp
 
297,988
17,411,439
Ryan Specialty Holdings Inc Class A
 
386,763
18,672,918
Unum Group
 
615,021
46,723,145
W R Berkley Corp
 
1,055,711
72,400,660
White Mountains Insurance Group Ltd
 
8,972
18,347,112
Willis Towers Watson PLC
 
348,227
110,551,626
 
 
 
1,776,384,982
Mortgage Real Estate Investment Trusts (REITs) - 0.3%
 
 
 
AGNC Investment Corp
 
3,895,897
44,413,226
Annaly Capital Management Inc
 
2,486,424
57,212,616
Rithm Capital Corp
 
2,011,595
22,006,849
Starwood Property Trust Inc
 
1,258,060
22,557,016
 
 
 
146,189,707
TOTAL FINANCIALS
 
 
6,808,534,183
Health Care - 9.7%
 
 
 
Biotechnology - 2.3%
 
 
 
Alnylam Pharmaceuticals Inc (b)
 
461,219
155,919,696
Apellis Pharmaceuticals Inc (b)
 
392,190
8,855,650
Biogen Inc (b)
 
531,510
95,613,334
BioMarin Pharmaceutical Inc (b)
 
691,715
39,109,566
Caris Life Sciences Inc (b)
 
82,375
1,907,805
Exact Sciences Corp (b)
 
677,735
69,359,400
Exelixis Inc (b)
 
958,787
39,655,430
Halozyme Therapeutics Inc (b)
 
422,126
30,270,655
Incyte Corp (b)
 
583,819
58,422,767
Insmed Inc (b)
 
761,886
119,517,057
Ionis Pharmaceuticals Inc (b)
 
575,383
47,566,913
Moderna Inc (b)
 
1,303,733
57,455,513
Natera Inc (b)
 
472,411
109,193,079
Neurocrine Biosciences Inc (b)
 
352,345
47,940,061
Revolution Medicines Inc (b)
 
630,574
61,134,149
Roivant Sciences Ltd (b)
 
1,418,539
30,668,813
Sarepta Therapeutics Inc (b)
 
337,355
6,861,801
Summit Therapeutics Inc (b)
 
424,941
6,153,146
Ultragenyx Pharmaceutical Inc (b)
 
335,790
8,082,465
United Therapeutics Corp (b)
 
154,293
72,439,021
Viking Therapeutics Inc (b)
 
396,387
11,511,078
 
 
 
1,077,637,399
Health Care Equipment & Supplies - 2.5%
 
 
 
Align Technology Inc (b)
 
249,383
40,656,910
Baxter International Inc
 
1,863,626
37,402,974
Cooper Cos Inc/The (b)
 
724,735
58,978,934
DENTSPLY SIRONA Inc
 
724,230
9,031,148
Dexcom Inc (b)
 
1,422,625
103,908,530
Envista Holdings Corp (b)
 
592,756
13,911,983
GE HealthCare Technologies Inc
 
1,665,397
131,516,401
Globus Medical Inc Class A (b)
 
407,981
36,995,717
Hologic Inc (b)
 
811,643
60,816,410
IDEXX Laboratories Inc (b)
 
289,879
194,352,275
Inspire Medical Systems Inc (b)
 
98,445
7,460,162
Insulet Corp (b)
 
255,120
65,262,247
Masimo Corp (b)
 
163,977
22,518,961
Penumbra Inc (b)
 
136,073
48,737,266
ResMed Inc
 
531,197
137,213,498
Solventum Corp (b)
 
537,210
41,349,054
STERIS PLC
 
357,239
93,810,961
Teleflex Inc
 
160,656
16,767,667
Zimmer Biomet Holdings Inc
 
720,513
62,735,067
 
 
 
1,183,426,165
Health Care Providers & Services - 2.1%
 
 
 
Acadia Healthcare Co Inc (b)
 
331,425
4,454,352
Cardinal Health Inc
 
868,267
186,573,213
Cencora Inc
 
666,229
239,322,781
Centene Corp (b)
 
1,783,039
77,241,249
Chemed Corp
 
50,575
21,602,606
DaVita Inc (b)
 
127,781
13,971,575
Encompass Health Corp
 
362,432
34,260,697
Henry Schein Inc (b)
 
380,819
28,744,218
Humana Inc
 
439,197
85,731,254
Labcorp Holdings Inc
 
304,038
82,552,398
Molina Healthcare Inc (b)
 
185,014
33,226,664
Quest Diagnostics Inc
 
405,587
75,856,937
Tenet Healthcare Corp (b)
 
316,929
59,988,321
Universal Health Services Inc Class B
 
194,930
39,231,612
 
 
 
982,757,877
Health Care Technology - 0.3%
 
 
 
Certara Inc (b)
 
441,556
3,881,277
Doximity Inc Class A (b)
 
485,718
18,199,853
Veeva Systems Inc Class A (b)
 
537,072
109,519,723
 
 
 
131,600,853
Life Sciences Tools & Services - 2.0%
 
 
 
Agilent Technologies Inc
 
1,036,775
138,772,334
Avantor Inc (b)
 
2,403,458
26,245,761
Bio-Rad Laboratories Inc Class A (b)
 
67,360
19,783,632
Bio-Techne Corp
 
561,915
36,013,132
Bruker Corp
 
375,796
16,644,005
Charles River Laboratories International Inc (b)
 
177,484
37,356,832
Illumina Inc (b)
 
558,972
80,944,735
IQVIA Holdings Inc (b)
 
614,621
141,455,023
Medpace Holdings Inc (b)
 
81,225
47,311,938
Mettler-Toledo International Inc (b)
 
74,812
102,734,831
QIAGEN NV (c)
 
736,695
39,538,421
Repligen Corp (b)
 
191,666
28,629,150
Revvity Inc
 
422,270
45,942,976
Sotera Health Co (b)
 
743,571
13,473,507
Tempus AI Inc Class A (b)(c)
 
349,440
20,903,501
Waters Corp (b)
 
216,683
80,328,722
West Pharmaceutical Services Inc
 
260,449
60,194,973
 
 
 
936,273,473
Pharmaceuticals - 0.5%
 
 
 
Corcept Therapeutics Inc (b)
 
342,329
13,648,657
Elanco Animal Health Inc (b)
 
1,790,568
43,116,877
Jazz Pharmaceuticals PLC (b)
 
211,898
34,855,102
Organon & Co
 
944,640
8,067,226
Perrigo Co PLC
 
495,437
7,040,160
Royalty Pharma PLC Class A
 
1,415,281
58,988,912
Viatris Inc
 
4,200,853
54,989,166
 
 
 
220,706,100
TOTAL HEALTH CARE
 
 
4,532,401,867
Industrials - 18.9%
 
 
 
Aerospace & Defense - 3.1%
 
 
 
ATI Inc (b)
 
490,139
58,963,722
Axon Enterprise Inc (b)
 
271,413
131,249,899
BWX Technologies Inc
 
331,928
68,187,969
Carpenter Technology Corp
 
175,078
55,645,041
Curtiss-Wright Corp
 
136,755
89,805,641
HEICO Corp
 
154,510
51,128,904
HEICO Corp Class A
 
272,742
69,437,386
Hexcel Corp
 
287,913
23,842,076
Howmet Aerospace Inc
 
1,459,022
303,593,298
Huntington Ingalls Industries Inc
 
141,895
59,668,266
Karman Holdings Inc (b)
 
184,964
19,199,263
L3Harris Technologies Inc
 
679,505
232,968,289
Leonardo DRS Inc
 
275,122
11,296,509
Loar Holdings Inc (b)
 
155,138
10,639,363
Rocket Lab Corp
 
1,505,317
120,530,732
StandardAero Inc (b)
 
518,674
16,021,840
Textron Inc
 
639,111
56,280,115
Woodward Inc
 
217,902
69,257,972
 
 
 
1,447,716,285
Air Freight & Logistics - 0.4%
 
 
 
CH Robinson Worldwide Inc
 
427,406
83,322,800
Expeditors International of Washington Inc
 
491,403
78,889,838
GXO Logistics Inc (b)
 
408,319
23,106,772
 
 
 
185,319,410
Building Products - 1.0%
 
 
 
A O Smith Corp
 
413,418
30,382,089
AAON Inc (c)
 
244,467
22,261,165
Advanced Drainage Systems Inc
 
257,037
39,079,905
Allegion plc
 
313,107
51,784,767
Armstrong World Industries Inc
 
156,462
28,748,328
Builders FirstSource Inc (b)
 
394,717
45,155,625
Carlisle Cos Inc
 
150,701
51,372,464
Fortune Brands Innovations Inc
 
440,045
23,806,435
Hayward Holdings Inc (b)
 
722,127
11,655,129
Lennox International Inc
 
115,540
57,201,543
Masco Corp
 
755,862
49,954,920
Owens Corning
 
301,900
36,179,696
Simpson Manufacturing Co Inc
 
152,406
26,942,333
Trex Co Inc (b)
 
388,164
16,077,752
 
 
 
490,602,151
Commercial Services & Supplies - 0.6%
 
 
 
Clean Harbors Inc (b)
 
184,299
47,901,153
MSA Safety Inc
 
134,555
23,836,418
Rollins Inc
 
1,021,200
64,682,808
Tetra Tech Inc
 
955,169
35,971,665
Veralto Corp
 
867,499
85,865,051
 
 
 
258,257,095
Construction & Engineering - 1.6%
 
 
 
AECOM
 
481,450
46,426,224
API Group Corp (b)
 
1,340,586
55,728,160
Comfort Systems USA Inc
 
126,572
144,557,881
EMCOR Group Inc
 
160,931
115,987,800
Everus Construction Group Inc (b)
 
185,062
16,376,136
MasTec Inc (b)
 
226,308
54,422,548
Quanta Services Inc
 
535,839
254,325,265
Valmont Industries Inc
 
70,851
31,568,372
WillScot Holdings Corp
 
647,238
12,964,176
 
 
 
732,356,562
Electrical Equipment - 1.9%
 
 
 
Acuity Inc
 
112,312
34,731,363
AMETEK Inc
 
838,235
187,747,875
Generac Holdings Inc (b)
 
210,237
35,328,225
Hubbell Inc
 
194,642
94,973,617
nVent Electric PLC
 
579,362
65,039,178
Regal Rexnord Corp
 
240,259
38,801,829
Rockwell Automation Inc
 
411,725
173,603,846
Sensata Technologies Holding PLC
 
527,749
18,254,838
Vertiv Holdings Co Class A
 
1,384,245
257,718,735
 
 
 
906,199,506
Ground Transportation - 0.9%
 
 
 
Avis Budget Group Inc (b)
 
61,426
7,063,375
JB Hunt Transport Services Inc
 
278,732
56,504,551
Knight-Swift Transportation Holdings Inc
 
572,723
31,557,037
Landstar System Inc
 
123,948
18,512,873
Lyft Inc Class A (b)
 
1,398,156
23,586,892
Old Dominion Freight Line Inc
 
678,023
117,433,584
Ryder System Inc
 
142,931
27,339,842
Saia Inc (b)
 
96,941
32,462,633
Schneider National Inc Class B
 
167,296
4,490,224
U-Haul Holding Co (b)
 
27,775
1,570,676
U-Haul Holding Co Class N
 
368,150
18,889,777
XPO Inc (b)
 
417,073
61,772,682
 
 
 
401,184,146
Machinery - 4.0%
 
 
 
AGCO Corp
 
225,688
25,595,276
Allison Transmission Holdings Inc
 
301,779
32,803,377
CNH Industrial NV Class A
 
3,193,127
34,358,047
Crane Co
 
179,024
32,696,943
Cummins Inc
 
500,750
289,844,115
Donaldson Co Inc
 
422,515
43,071,179
Dover Corp
 
493,358
99,406,703
Esab Corp
 
207,089
25,078,478
Flowserve Corp
 
460,916
36,020,585
Fortive Corp
 
1,154,275
60,957,263
Gates Industrial Corp PLC (b)
 
922,602
21,238,298
Graco Inc
 
604,130
52,758,673
IDEX Corp
 
275,007
54,602,640
Ingersoll Rand Inc
 
1,446,565
124,534,781
ITT Inc
 
307,878
56,126,159
Lincoln Electric Holdings Inc
 
195,034
51,752,272
Middleby Corp/The (b)
 
173,282
25,501,912
Mueller Industries Inc
 
394,585
53,718,802
Nordson Corp
 
193,602
53,149,557
Oshkosh Corp
 
228,627
32,881,135
Otis Worldwide Corp
 
1,419,725
121,272,910
Pentair PLC
 
595,176
62,713,695
RBC Bearings Inc (b)
 
112,765
56,345,288
Snap-on Inc
 
186,466
68,267,067
Stanley Black & Decker Inc
 
562,350
44,234,451
Timken Co/The
 
227,562
21,206,503
Toro Co/The
 
358,666
32,817,939
Westinghouse Air Brake Technologies Corp
 
616,947
141,984,183
Xylem Inc/NY
 
885,390
122,068,719
 
 
 
1,877,006,950
Marine Transportation - 0.1%
 
 
 
Kirby Corp (b)
 
203,098
23,896,510
Passenger Airlines - 0.9%
 
 
 
Alaska Air Group Inc (b)
 
417,869
21,240,281
American Airlines Group Inc (b)
 
2,372,490
31,554,117
Delta Air Lines Inc
 
2,372,927
156,352,160
Southwest Airlines Co
 
1,676,432
79,664,049
United Airlines Holdings Inc (b)
 
1,184,229
121,170,311
 
 
 
409,980,918
Professional Services - 2.1%
 
 
 
Amentum Holdings Inc (b)
 
579,254
20,725,708
Booz Allen Hamilton Holding Corp Class A
 
435,234
38,483,390
Broadridge Financial Solutions Inc
 
424,000
83,574,640
CACI International Inc (b)
 
78,997
49,023,958
Clarivate PLC (b)(c)
 
1,335,121
3,538,071
Concentrix Corp
 
160,708
6,002,444
Dayforce Inc (b)
 
561,115
38,868,436
Equifax Inc
 
443,896
89,400,654
ExlService Holdings Inc (b)
 
561,637
21,988,089
FTI Consulting Inc (b)
 
109,544
19,134,050
Genpact Ltd
 
585,576
25,823,902
Jacobs Solutions Inc
 
433,075
58,577,725
KBR Inc
 
457,492
19,585,233
Leidos Holdings Inc
 
463,963
87,354,954
ManpowerGroup Inc
 
167,481
6,084,585
Parsons Corp (b)
 
191,946
13,447,737
Paychex Inc
 
1,174,024
121,077,095
Paycom Software Inc
 
186,700
25,157,825
Paylocity Holding Corp (b)
 
159,541
21,534,844
Robert Half Inc
 
359,655
12,447,660
Science Applications International Corp
 
166,823
16,975,908
SS&C Technologies Holdings Inc
 
761,289
62,341,956
TransUnion
 
709,218
56,042,406
Verisk Analytics Inc
 
509,201
110,730,849
 
 
 
1,007,922,119
Trading Companies & Distributors - 2.3%
 
 
 
Air Lease Corp Class A
 
379,054
24,498,260
Applied Industrial Technologies Inc
 
136,259
35,483,206
Core & Main Inc Class A (b)
 
690,625
36,851,750
Fastenal Co
 
4,176,756
181,104,140
Ferguson Enterprises Inc
 
695,034
175,468,284
FTAI Aviation Ltd
 
370,613
100,925,332
MSC Industrial Direct Co Inc Class A
 
159,904
13,486,303
QXO Inc (b)(c)
 
2,222,631
49,297,956
SiteOne Landscape Supply Inc (b)
 
160,770
23,076,926
United Rentals Inc
 
230,940
180,608,936
Watsco Inc
 
126,608
48,927,662
Wesco International Inc
 
174,335
50,457,779
WW Grainger Inc
 
159,073
171,789,296
 
 
 
1,091,975,830
TOTAL INDUSTRIALS
 
 
8,832,417,482
Information Technology - 12.3%
 
 
 
Communications Equipment - 0.6%
 
 
 
Ciena Corp (b)
 
513,235
129,237,706
F5 Inc (b)
 
209,517
57,744,980
Lumentum Holdings Inc (b)
 
256,212
100,394,110
Ubiquiti Inc
 
15,322
8,448,857
 
 
 
295,825,653
Electronic Equipment, Instruments & Components - 2.4%
 
 
 
Arrow Electronics Inc (b)
 
187,804
24,882,152
Avnet Inc
 
293,893
18,335,984
CDW Corp/DE
 
478,641
60,495,436
Cognex Corp
 
610,439
23,648,407
Coherent Corp (b)
 
565,239
119,932,411
Corning Inc
 
2,840,771
293,309,606
Crane NXT Co (c)
 
178,127
8,998,976
Flex Ltd (b)
 
1,338,668
84,389,631
Ingram Micro Holding Corp (c)
 
74,750
1,578,719
IPG Photonics Corp (b)(c)
 
89,853
8,303,315
Jabil Inc
 
383,798
91,033,048
Keysight Technologies Inc (b)
 
626,035
135,430,152
Littelfuse Inc
 
89,350
28,927,956
Ralliant Corp
 
411,672
21,806,266
TD SYNNEX Corp
 
277,792
44,077,257
Teledyne Technologies Inc (b)
 
169,136
104,915,061
Vontier Corp
 
526,322
19,737,075
Zebra Technologies Corp Class A (b)
 
184,930
43,454,851
 
 
 
1,133,256,303
IT Services - 1.9%
 
 
 
Akamai Technologies Inc (b)
 
512,299
49,769,848
Amdocs Ltd
 
393,899
32,276,084
Cloudflare Inc Class A (b)
 
1,140,652
202,294,633
Cognizant Technology Solutions Corp Class A
 
1,758,873
144,333,118
DXC Technology Co (b)
 
627,864
9,060,078
EPAM Systems Inc (b)
 
195,964
40,878,090
Gartner Inc (b)
 
267,903
56,155,148
Globant SA (b)(c)
 
157,049
10,503,437
GoDaddy Inc Class A (b)
 
489,297
49,184,134
Kyndryl Holdings Inc (b)
 
841,555
19,355,765
MongoDB Inc Class A (b)
 
286,943
106,550,544
Okta Inc Class A (b)
 
608,894
51,439,365
Twilio Inc Class A (b)
 
514,454
61,971,129
VeriSign Inc
 
302,823
73,958,461
 
 
 
907,729,834
Semiconductors & Semiconductor Equipment - 2.5%
 
 
 
Amkor Technology Inc
 
415,519
20,082,033
Astera Labs Inc (b)
 
458,353
69,037,129
Cirrus Logic Inc (b)
 
185,936
24,234,898
Enphase Energy Inc (b)
 
463,015
17,122,295
Entegris Inc
 
545,333
64,387,467
First Solar Inc (b)
 
369,317
83,288,370
GlobalFoundries Inc (b)
 
373,741
15,771,870
Lattice Semiconductor Corp (b)
 
494,685
39,832,036
MACOM Technology Solutions Holdings Inc (b)
 
230,206
50,428,926
Microchip Technology Inc
 
1,920,244
145,784,924
MKS Inc
 
244,394
57,532,792
Monolithic Power Systems Inc
 
168,407
189,314,730
ON Semiconductor Corp (b)
 
1,486,323
89,015,884
Onto Innovation Inc (b)
 
176,934
35,749,515
Qnity Electronics Inc
 
761,496
73,240,685
Qorvo Inc (b)
 
305,327
23,849,092
Skyworks Solutions Inc
 
539,565
30,086,144
Teradyne Inc
 
569,753
137,338,961
Universal Display Corp
 
159,807
18,349,040
 
 
 
1,184,446,791
Software - 2.8%
 
 
 
Appfolio Inc Class A (b)
 
79,981
15,186,792
Aurora Innovation Inc Class A (b)(c)
 
4,241,839
17,815,724
Bentley Systems Inc Class B
 
572,615
20,110,239
BILL Holdings Inc (b)
 
292,783
12,639,442
Ccc Intelligent Solutions Holdings Inc Class A (b)
 
2,077,670
15,748,739
Circle Internet Group Inc Class A
 
171,705
10,977,101
Confluent Inc Class A (b)
 
1,050,774
32,090,638
Datadog Inc Class A (b)
 
1,135,758
146,876,225
Docusign Inc (b)
 
730,730
38,392,554
Dolby Laboratories Inc Class A
 
219,951
14,118,655
Dropbox Inc Class A (b)
 
665,114
16,947,105
Dynatrace Inc (b)
 
1,068,237
40,689,147
Elastic NV (b)
 
335,715
22,133,690
Fair Isaac Corp (b)
 
85,261
124,751,337
Gen Digital Inc
 
1,998,758
47,950,204
Gitlab Inc Class A (b)(c)
 
508,635
17,792,052
Guidewire Software Inc (b)
 
308,789
43,465,140
HubSpot Inc (b)
 
184,999
51,799,720
Manhattan Associates Inc (b)
 
218,101
32,935,432
nCino Inc (b)
 
387,731
8,278,057
Nutanix Inc Class A (b)
 
942,493
37,068,250
Pegasystems Inc
 
316,324
13,820,196
Procore Technologies Inc (b)
 
416,859
23,548,365
PTC Inc (b)
 
433,861
67,738,718
RingCentral Inc Class A (b)
 
291,182
7,535,790
Rubrik Inc Class A (b)
 
487,009
27,248,154
SailPoint Inc (c)
 
218,997
3,436,062
Samsara Inc Class A (b)
 
1,136,986
31,892,457
SentinelOne Inc Class A (b)
 
1,073,368
15,005,685
Teradata Corp (b)
 
340,744
9,718,019
Trimble Inc (b)
 
866,808
58,596,221
Tyler Technologies Inc (b)
 
156,588
57,843,607
UiPath Inc Class A (b)(c)
 
1,463,418
18,424,433
Unity Software Inc (b)
 
1,171,722
34,097,110
Zoom Communications Inc Class A (b)
 
969,402
89,281,924
Zscaler Inc (b)
 
363,443
72,692,234
 
 
 
1,298,645,218
Technology Hardware, Storage & Peripherals - 2.1%
 
 
 
Hewlett Packard Enterprise Co
 
4,770,636
102,664,087
HP Inc
 
3,431,241
66,703,325
NetApp Inc
 
726,835
70,030,552
Pure Storage Inc Class A (b)
 
1,129,908
78,573,802
Sandisk Corp/DE
 
490,682
282,755,503
Super Micro Computer Inc (b)(c)
 
1,870,282
54,443,909
Western Digital Corp
 
1,237,917
309,763,971
 
 
 
964,935,149
TOTAL INFORMATION TECHNOLOGY
 
 
5,784,838,948
Materials - 4.9%
 
 
 
Chemicals - 2.0%
 
 
 
Albemarle Corp
 
427,538
72,950,809
Ashland Inc
 
164,866
10,083,205
Axalta Coating Systems Ltd (b)
 
774,924
26,021,948
Celanese Corp
 
397,752
17,676,099
CF Industries Holdings Inc
 
586,540
54,683,124
Corteva Inc
 
2,489,208
181,214,342
Dow Inc
 
2,574,399
70,924,692
DuPont de Nemours Inc
 
1,523,089
66,894,069
Eastman Chemical Co
 
417,495
28,940,753
Element Solutions Inc
 
819,354
23,843,201
FMC Corp (c)
 
451,170
7,128,486
Huntsman Corp
 
597,675
6,466,843
International Flavors & Fragrances Inc
 
932,095
65,069,552
LyondellBasell Industries NV Class A1
 
931,937
45,664,913
Mosaic Co/The
 
1,147,987
31,569,643
NewMarket Corp
 
20,431
13,704,910
Olin Corp
 
417,655
8,691,401
PPG Industries Inc
 
817,443
94,520,934
RPM International Inc
 
462,533
49,472,530
Scotts Miracle-Gro Co/The
 
158,831
10,200,127
Westlake Corp (c)
 
121,534
9,640,077
 
 
 
895,361,658
Construction Materials - 0.7%
 
 
 
Eagle Materials Inc
 
115,537
23,547,596
James Hardie Industries PLC (b)
 
543,173
12,487,547
Martin Marietta Materials Inc
 
218,199
142,254,838
Vulcan Materials Co
 
481,023
144,566,653
 
 
 
322,856,634
Containers & Packaging - 1.2%
 
 
 
Amcor PLC
 
1,677,044
74,209,197
AptarGroup Inc
 
237,987
29,736,476
Avery Dennison Corp
 
279,830
51,911,263
Ball Corp
 
990,285
56,317,508
Crown Holdings Inc
 
421,078
44,078,445
Graphic Packaging Holding CO
 
1,063,370
15,578,371
International Paper Co
 
1,906,940
76,887,821
Packaging Corp of America
 
321,328
71,511,546
Sealed Air Corp
 
530,560
22,219,853
Silgan Holdings Inc
 
321,409
13,868,798
Smurfit WestRock PLC
 
1,895,543
78,911,455
Sonoco Products Co
 
358,189
17,193,072
 
 
 
552,423,805
Metals & Mining - 1.0%
 
 
 
Alcoa Corp
 
940,123
53,408,388
Cleveland-Cliffs Inc (b)
 
2,038,820
28,054,163
MP Materials Corp (b)(c)
 
475,251
27,930,501
Nucor Corp
 
835,714
148,523,093
Reliance Inc
 
189,872
62,562,824
Royal Gold Inc
 
298,156
78,507,456
Steel Dynamics Inc
 
497,927
89,412,751
 
 
 
488,399,176
Paper & Forest Products - 0.0%
 
 
 
Louisiana-Pacific Corp
 
229,225
19,195,302
TOTAL MATERIALS
 
 
2,278,236,575
Real Estate - 6.9%
 
 
 
Diversified REITs - 0.1%
 
 
 
WP Carey Inc
 
788,580
55,003,455
Health Care REITs - 0.6%
 
 
 
Alexandria Real Estate Equities Inc
 
623,968
34,093,612
Healthcare Realty Trust Inc
 
1,193,585
20,040,292
Healthpeak Properties Inc
 
2,521,555
43,471,608
Medical Properties Trust Inc (c)
 
1,814,544
9,109,010
Omega Healthcare Investors Inc
 
1,073,337
47,098,028
Ventas Inc
 
1,703,636
132,321,408
 
 
 
286,133,958
Hotel & Resort REITs - 0.1%
 
 
 
Host Hotels & Resorts Inc
 
2,494,849
46,229,552
Park Hotels & Resorts Inc
 
714,043
7,804,490
 
 
 
54,034,042
Industrial REITs - 0.3%
 
 
 
Americold Realty Trust Inc
 
1,036,891
12,867,817
EastGroup Properties Inc
 
192,607
34,985,135
First Industrial Realty Trust Inc
 
465,628
27,020,393
Lineage Inc
 
256,843
9,171,864
Rexford Industrial Realty Inc
 
848,028
34,370,575
STAG Industrial Inc Class A
 
679,115
25,473,604
 
 
 
143,889,388
Office REITs - 0.2%
 
 
 
BXP Inc
 
576,240
37,265,441
Cousins Properties Inc
 
607,061
15,322,220
Highwoods Properties Inc
 
393,021
10,159,592
Kilroy Realty Corp
 
426,695
14,712,444
Vornado Realty Trust
 
641,616
20,454,718
 
 
 
97,914,415
Real Estate Management & Development - 0.8%
 
 
 
CBRE Group Inc Class A (b)
 
1,081,896
184,279,346
CoStar Group Inc (b)
 
1,519,342
93,439,533
Howard Hughes Holdings Inc (b)
 
112,570
9,192,465
Jones Lang LaSalle Inc (b)
 
171,637
61,430,599
Zillow Group Inc Class A (b)
 
174,732
10,875,320
Zillow Group Inc Class C (b)
 
600,969
37,879,076
 
 
 
397,096,339
Residential REITs - 1.2%
 
 
 
American Homes 4 Rent Class A
 
1,242,909
38,927,909
AvalonBay Communities Inc
 
517,380
91,922,905
Camden Property Trust
 
383,993
41,874,437
Equity LifeStyle Properties Inc
 
698,924
44,151,029
Equity Residential
 
1,377,925
85,872,286
Essex Property Trust Inc
 
231,862
58,399,082
Invitation Homes Inc
 
2,225,874
59,497,612
Mid-America Apartment Communities Inc
 
423,295
56,848,519
Sun Communities Inc
 
445,536
56,774,652
UDR Inc
 
1,201,793
44,646,610
 
 
 
578,915,041
Retail REITs - 1.4%
 
 
 
Agree Realty Corp
 
411,387
29,714,483
Brixmor Property Group Inc
 
1,107,575
29,671,934
Federal Realty Investment Trust
 
309,459
31,304,872
Kimco Realty Corp
 
2,430,947
51,244,363
NNN REIT Inc
 
680,140
28,341,434
Realty Income Corp
 
3,331,413
203,749,219
Regency Centers Corp
 
657,187
47,889,217
Simon Property Group Inc
 
1,178,830
225,521,967
 
 
 
647,437,489
Specialized REITs - 2.2%
 
 
 
Crown Castle Inc
 
1,580,405
137,194,958
CubeSmart
 
823,334
30,899,725
Digital Realty Trust Inc
 
1,251,859
207,746,002
EPR Properties
 
271,397
14,720,573
Extra Space Storage Inc
 
766,434
105,744,899
Fermi Inc (c)
 
130,407
1,137,149
Gaming and Leisure Properties Inc
 
987,696
44,199,396
Iron Mountain Inc
 
1,067,428
98,342,142
Lamar Advertising Co Class A
 
314,032
40,293,446
Millrose Properties Inc Class A
 
556,846
16,594,011
National Storage Affiliates Trust
 
255,966
8,142,278
Rayonier Inc
 
1,083,223
24,632,491
SBA Communications Corp Class A
 
391,133
72,011,497
VICI Properties Inc
 
3,886,106
109,121,856
Weyerhaeuser Co
 
2,636,823
67,977,297
 
 
 
978,757,720
TOTAL REAL ESTATE
 
 
3,239,181,847
Utilities - 5.9%
 
 
 
Electric Utilities - 2.8%
 
 
 
Alliant Energy Corp
 
934,610
61,600,145
Edison International
 
1,386,706
86,364,050
Entergy Corp
 
1,624,654
155,788,072
Evergy Inc
 
837,507
64,261,912
Eversource Energy
 
1,351,460
93,426,430
Exelon Corp
 
3,677,552
164,680,779
FirstEnergy Corp
 
1,996,486
94,513,647
IDACORP Inc
 
196,201
26,053,530
NRG Energy Inc
 
684,842
104,527,434
OGE Energy Corp
 
730,988
31,929,556
PG&E Corp
 
7,976,859
123,003,166
Pinnacle West Capital Corp
 
433,423
40,551,056
PPL Corp
 
2,692,784
97,613,420
Xcel Energy Inc
 
2,153,364
163,784,866
 
 
 
1,308,098,063
Gas Utilities - 0.3%
 
 
 
Atmos Energy Corp
 
582,314
96,862,111
MDU Resources Group Inc
 
737,836
15,133,016
National Fuel Gas Co
 
326,324
27,329,635
UGI Corp
 
782,416
31,382,706
 
 
 
170,707,468
Independent Power and Renewable Electricity Producers - 0.7%
 
 
 
AES Corp/The
 
2,583,019
37,841,228
Clearway Energy Inc Class A
 
125,939
4,252,960
Clearway Energy Inc Class C
 
296,028
10,701,412
Talen Energy Corp (b)
 
165,039
57,492,986
Vistra Corp
 
1,230,930
194,917,766
 
 
 
305,206,352
Multi-Utilities - 1.9%
 
 
 
Ameren Corp
 
981,909
101,411,562
CenterPoint Energy Inc
 
2,370,892
94,100,703
CMS Energy Corp
 
1,101,139
78,720,427
Consolidated Edison Inc
 
1,311,432
139,837,994
DTE Energy Co
 
753,912
101,310,695
NiSource Inc
 
1,736,020
76,888,326
Public Service Enterprise Group Inc
 
1,816,867
149,637,166
WEC Energy Group Inc
 
1,184,649
131,105,105
 
 
 
873,011,978
Water Utilities - 0.2%
 
 
 
American Water Works Co Inc
 
708,544
91,494,287
Essential Utilities Inc
 
1,020,340
39,578,988
 
 
 
131,073,275
TOTAL UTILITIES
 
 
2,788,097,136
TOTAL UNITED STATES
 
 
45,973,077,818
 
TOTAL COMMON STOCKS
 (Cost $33,777,895,862)
 
 
 
46,729,130,527
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Yield (%) (e)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 2/12/2026 (f)
 (Cost $7,857,908)
 
3.82
7,867,000
7,859,148
 
 
 
 
 
Money Market Funds - 1.6%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (g)
 
3.70
140,643,427
140,671,556
Fidelity Securities Lending Cash Central Fund (g)(h)
 
3.70
610,372,071
610,433,108
 
TOTAL MONEY MARKET FUNDS
 (Cost $751,100,748)
 
 
 
751,104,664
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 101.3%
 (Cost $34,536,854,518)
 
 
 
47,488,094,339
NET OTHER ASSETS (LIABILITIES) - (1.3)% (d)
(596,697,493)
NET ASSETS - 100.0%
46,891,396,846
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
 
 
 
 
 
Equity Contracts
 
 
 
 
CME E-Mini S&P MidCap 400 Index Contracts (United States)
457
3/2026
157,550,750
786,261
 
 
 
 
 
The notional amount of long futures as a percentage of Net Assets is 0.3%.

Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Non-income producing.
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
Includes $3,326,880 of cash collateral to cover margin requirements for futures contracts.
 
(e)
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
 
(f)
Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $7,859,148.
 
(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.
 
At period end, the value of non-cash collateral for securities on loan amounted to $28,936,787.
 
 
 
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
101,616,714
2,905,528,013
2,866,488,223
3,611,170
15,052
-
140,671,556
140,643,427
0.2%
Fidelity Securities Lending Cash Central Fund
792,829,330
2,620,460,701
2,802,853,642
6,286,777
(3,281)
-
610,433,108
610,372,071
1.9%
Total
894,446,044
5,525,988,714
5,669,341,865
9,897,947
11,771
-
751,104,664
 
 
 
 
 
 
 
 
 
 
 
 
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.
 
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. U.S. Treasury Obligations 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.
 
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (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.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
 
The Fund used futures contracts to manage its exposure to the stock market.
 
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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