Quarterly Holdings Report
for
Fidelity® Series Large Cap Value Index Fund
April 30, 2026
XS6-NPRT1-0626
1.967968.112
Common Stocks - 99.9%
 
 
Shares
Value ($)
 
AUSTRALIA - 0.1%
 
 
 
Materials - 0.1%
 
 
 
Metals & Mining - 0.1%
 
 
 
Anglogold Ashanti Plc
 
156,449
14,663,965
BELGIUM - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Liberty Global Ltd Class A (b)
 
58,568
678,218
Liberty Global Ltd Class C (b)
 
45,668
517,875
 
 
 
 
TOTAL BELGIUM
 
 
1,196,093
BERMUDA - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Insurance - 0.0%
 
 
 
RenaissanceRe Holdings Ltd
 
15,851
4,865,781
BRAZIL - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
XP Inc Class A
 
126,228
2,418,528
CANADA - 0.2%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Restaurant Brands International Inc (United States)
 
43,294
3,492,960
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Brookfield Asset Management Ltd Class A (United States) (c)
 
87,515
4,201,595
Industrials - 0.2%
 
 
 
Commercial Services & Supplies - 0.2%
 
 
 
RB Global Inc (United States)
 
61,952
6,461,594
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Brookfield Renewable Corp Class A (United States) (c)
 
47,276
1,714,227
TOTAL CANADA
 
 
15,870,376
FINLAND - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Amer Sports Inc (b)
 
52,222
1,831,426
GERMANY - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Birkenstock Holding Plc (b)(c)
 
10,537
408,203
GRAND CAYMAN (UK OVERSEAS TER) - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Bullish (c)
 
9,488
357,982
GUATEMALA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Millicom International Cellular SA
 
34,914
2,963,500
JAPAN - 0.0%
 
 
 
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Allegro MicroSystems Inc (b)(c)
 
43,082
2,089,477
KAZAKHSTAN - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Freedom Holding Corp/NV (b)(c)
 
921
137,993
MEXICO - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Southern Copper Corp (c)
 
29,389
5,045,797
PUERTO RICO - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Popular Inc
 
20,532
3,086,576
UNITED KINGDOM - 0.1%
 
 
 
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.1%
 
 
 
TechnipFMC PLC
 
141,740
10,711,292
UNITED STATES - 99.5%
 
 
 
Communication Services - 8.4%
 
 
 
Diversified Telecommunication Services - 1.5%
 
 
 
AST SpaceMobile Inc Class A (b)(c)
 
5,748
424,777
AT&T Inc
 
2,442,465
63,821,610
Comcast Corp Class A
 
1,277,982
34,556,633
GCI LLC Class A
 
910
31,723
GCI LLC Class C
 
8,905
304,996
Iridium Communications Inc
 
29,618
1,157,175
Verizon Communications Inc
 
1,492,431
71,681,462
 
 
 
171,978,376
Entertainment - 1.1%
 
 
 
Electronic Arts Inc
 
88,848
17,980,170
Liberty Media Corp-Liberty Formula One Class A (b)
 
5,477
433,778
Liberty Media Corp-Liberty Formula One Class C (b)
 
51,459
4,422,901
Madison Square Garden Sports Corp Class A (b)
 
5,637
1,930,446
Roku Inc Class A (b)
 
40,237
4,690,025
Take-Two Interactive Software Inc (b)
 
42,639
9,114,513
TKO Group Holdings Inc Class A
 
13,334
2,481,324
Walt Disney Co/The
 
627,900
65,144,625
Warner Bros Discovery Inc (b)
 
822,955
22,260,933
 
 
 
128,458,715
Interactive Media & Services - 5.2%
 
 
 
Alphabet Inc Class A
 
730,358
281,041,759
Alphabet Inc Class C
 
592,511
226,303,652
IAC Inc Class A (b)
 
22,659
1,009,685
Match Group Inc
 
82,372
3,082,360
Meta Platforms Inc Class A
 
137,641
84,223,904
Pinterest Inc Class A (b)
 
104,087
2,046,350
Trump Media & Technology Group Corp (b)(c)
 
25,695
235,109
ZoomInfo Technologies Inc (b)
 
90,804
567,525
 
 
 
598,510,344
Media - 0.3%
 
 
 
Charter Communications Inc Class A (b)(c)
 
29,013
4,792,077
DoubleVerify Holdings Inc (b)
 
25,916
285,594
Fox Corp Class A
 
73,501
4,666,578
Fox Corp Class B
 
52,376
2,986,480
Liberty Broadband Corp Class A (b)
 
4,566
175,471
Liberty Broadband Corp Class C (b)
 
31,356
1,206,893
New York Times Co/The Class A
 
56,937
4,499,731
News Corp Class A
 
135,756
3,573,098
News Corp Class B (c)
 
43,542
1,327,160
Nexstar Media Group Inc
 
9,276
1,930,707
NIQ Global Intelligence Plc
 
12,203
133,379
Omnicom Group Inc
 
110,722
8,494,593
Sirius XM Holdings Inc (c)
 
66,445
1,790,028
Versant Media Group Inc Class A
 
50,613
2,034,136
 
 
 
37,895,925
Wireless Telecommunication Services - 0.3%
 
 
 
T-Mobile US Inc
 
170,311
33,295,800
TOTAL COMMUNICATION SERVICES
 
 
970,139,160
Consumer Discretionary - 7.0%
 
 
 
Automobile Components - 0.1%
 
 
 
Aptiv PLC (b)
 
77,952
4,697,388
BorgWarner Inc
 
74,299
4,232,814
Gentex Corp
 
76,812
1,775,125
Lear Corp
 
18,093
2,300,163
QuantumScape Corp Class A (b)(c)
 
157,351
1,147,089
Versigent PLC
 
24,830
868,305
 
 
 
15,020,884
Automobiles - 0.4%
 
 
 
Ford Motor Co
 
1,380,220
16,673,058
General Motors Co
 
319,495
24,565,971
Harley-Davidson Inc (c)
 
39,013
932,021
Lucid Group Inc (b)(c)
 
46,238
294,535
Rivian Automotive Inc Class A (b)(c)
 
284,237
4,661,487
Thor Industries Inc
 
17,629
1,393,396
 
 
 
48,520,468
Broadline Retail - 2.3%
 
 
 
Amazon.com Inc (b)
 
932,019
247,040,956
Dillard's Inc Class A (c)
 
1,033
588,004
eBay Inc
 
159,867
16,543,037
Etsy Inc (b)
 
13,867
892,203
Macy's Inc
 
93,489
1,827,710
Ollie's Bargain Outlet Holdings Inc (b)
 
21,429
1,853,823
 
 
 
268,745,733
Distributors - 0.1%
 
 
 
Genuine Parts Co
 
49,507
5,308,636
LKQ Corp
 
89,906
2,839,231
Pool Corp
 
9,393
2,003,715
 
 
 
10,151,582
Diversified Consumer Services - 0.1%
 
 
 
ADT Inc
 
178,693
1,345,558
Bright Horizons Family Solutions Inc (b)
 
17,073
1,384,791
Grand Canyon Education Inc (b)
 
6,919
1,169,795
H&R Block Inc
 
36,444
1,156,368
Liberty Live Holdings Inc Class A
 
6,892
628,619
Liberty Live Holdings Inc Class C
 
16,861
1,578,190
Service Corp International/US
 
47,799
3,873,154
 
 
 
11,136,475
Hotels, Restaurants & Leisure - 1.4%
 
 
 
Aramark
 
91,205
4,167,156
Booking Holdings Inc
 
17,300
2,912,628
Boyd Gaming Corp
 
19,254
1,674,135
Caesars Entertainment Inc (b)
 
70,907
1,971,215
Carnival Corp
 
280,846
7,445,227
Choice Hotels International Inc (c)
 
6,579
651,847
Churchill Downs Inc
 
3,632
366,796
Darden Restaurants Inc
 
2,020
405,131
Domino's Pizza Inc
 
7,647
2,595,545
Flutter Entertainment PLC (b)
 
9,546
1,030,300
Hyatt Hotels Corp Class A (c)
 
14,047
2,353,856
Marriott International Inc/MD Class A1
 
18,335
6,631,586
McDonald's Corp
 
238,426
69,999,490
MGM Resorts International (b)
 
71,720
2,792,777
Norwegian Cruise Line Holdings Ltd (b)
 
15,484
281,499
Penn Entertainment Inc (b)
 
45,990
802,985
Starbucks Corp
 
348,997
36,759,855
Travel + Leisure Co
 
14,445
934,014
Vail Resorts Inc (c)
 
2,204
280,305
Wendy's Co/The (c)
 
31,594
219,894
Wyndham Hotels & Resorts Inc
 
2,696
219,400
Wynn Resorts Ltd
 
26,703
2,860,158
Yum! Brands Inc
 
65,713
10,491,080
 
 
 
157,846,879
Household Durables - 0.6%
 
 
 
DR Horton Inc
 
91,631
14,098,346
Garmin Ltd
 
57,618
14,470,185
Lennar Corp Class A
 
70,428
6,359,649
Lennar Corp Class B (c)
 
4,514
398,947
Mohawk Industries Inc (b)
 
17,756
1,874,323
Newell Brands Inc
 
145,926
595,377
NVR Inc (b)
 
963
6,082,183
PulteGroup Inc
 
69,104
8,455,565
SharkNinja Inc (b)(c)
 
24,174
2,792,822
Toll Brothers Inc
 
33,797
4,803,906
TopBuild Corp (b)
 
9,131
4,042,294
Whirlpool Corp (c)
 
21,103
1,183,034
 
 
 
65,156,631
Leisure Products - 0.0%
 
 
 
Brunswick Corp/DE
 
22,927
1,821,550
Hasbro Inc
 
48,785
4,675,555
Mattel Inc (b)
 
108,192
1,631,535
YETI Holdings Inc (b)
 
27,144
1,071,102
 
 
 
9,199,742
Specialty Retail - 1.7%
 
 
 
AutoNation Inc (b)
 
9,304
1,975,984
AutoZone Inc (b)
 
4,984
18,460,886
Bath & Body Works Inc
 
72,141
1,402,421
Best Buy Co Inc
 
68,778
4,160,381
CarMax Inc (b)
 
49,562
1,948,282
Dick's Sporting Goods Inc
 
22,603
5,129,073
Five Below Inc (b)
 
19,329
4,555,072
Floor & Decor Holdings Inc Class A (b)
 
25,405
1,229,602
GameStop Corp Class A (b)(c)
 
143,442
3,578,878
Gap Inc/The
 
79,341
1,950,995
Home Depot Inc/The
 
83,768
27,542,918
Lithia Motors Inc
 
7,406
2,148,629
Lowe's Cos Inc
 
198,205
47,329,372
O'Reilly Automotive Inc (b)
 
23,872
2,372,877
Penske Automotive Group Inc (c)
 
6,404
1,098,414
RH (b)
 
4,440
585,901
Ross Stores Inc
 
90,121
20,528,663
TJX Cos Inc/The
 
197,598
30,973,487
Ulta Beauty Inc (b)
 
11,786
6,334,739
Valvoline Inc (b)(c)
 
5,072
168,542
Wayfair Inc Class A (b)
 
28,130
1,798,351
Williams-Sonoma Inc
 
34,756
6,298,135
 
 
 
191,571,602
Textiles, Apparel & Luxury Goods - 0.3%
 
 
 
Columbia Sportswear Co
 
8,894
541,821
Crocs Inc (b)
 
17,621
1,796,990
Lululemon Athletica Inc (b)
 
15,224
2,096,345
NIKE Inc Class B
 
414,235
18,375,465
PVH Corp
 
15,907
1,454,536
Ralph Lauren Corp Class A
 
12,593
4,516,354
Tapestry Inc
 
5,926
859,507
Under Armour Inc Class A (b)(c)
 
66,181
416,279
Under Armour Inc Class C (b)(c)
 
63,735
386,871
VF Corp
 
122,919
2,326,857
 
 
 
32,771,025
TOTAL CONSUMER DISCRETIONARY
 
 
810,121,021
Consumer Staples - 7.2%
 
 
 
Beverages - 1.3%
 
 
 
Boston Beer Co Inc/The Class A (b)
 
2,704
640,956
Brown-Forman Corp Class A (c)
 
15,245
400,639
Brown-Forman Corp Class B (c)
 
50,194
1,293,499
Coca-Cola Co/The
 
702,379
55,319,370
Coca-Cola Consolidated Inc
 
17,118
3,510,388
Constellation Brands Inc Class A
 
50,409
7,893,041
Keurig Dr Pepper Inc
 
458,745
13,487,103
Molson Coors Beverage Co Class B
 
57,203
2,444,856
PepsiCo Inc
 
417,903
66,233,447
Primo Brands Corp Class A
 
88,276
1,799,065
 
 
 
153,022,364
Consumer Staples Distribution & Retail - 2.3%
 
 
 
Albertsons Cos Inc Class A
 
123,509
2,081,127
BJ's Wholesale Club Holdings Inc (b)
 
39,719
3,729,217
Casey's General Stores Inc
 
11,128
9,148,885
Dollar General Corp
 
77,745
9,009,091
Dollar Tree Inc (b)
 
66,530
6,460,728
Kroger Co/The
 
205,455
13,985,322
Maplebear Inc (b)
 
60,318
2,554,467
Performance Food Group Co (b)
 
46,814
4,239,476
Sysco Corp
 
79,377
5,930,256
Target Corp
 
160,742
20,856,275
US Foods Holding Corp (b)
 
79,527
7,434,979
Walmart Inc
 
1,383,552
182,532,015
 
 
 
267,961,838
Food Products - 0.9%
 
 
 
Archer-Daniels-Midland Co
 
169,097
12,604,491
Bunge Global SA
 
46,092
5,856,910
Campbell's Company/The (c)
 
67,872
1,411,059
Conagra Brands Inc
 
166,603
2,390,753
Darling Ingredients Inc (b)
 
48,612
3,122,349
Flowers Foods Inc
 
65,353
592,098
Freshpet Inc (b)
 
12,046
811,659
General Mills Inc
 
189,781
6,701,167
Hershey Co/The
 
45,314
8,416,622
Hormel Foods Corp
 
101,254
2,173,923
Ingredion Inc
 
22,088
2,468,113
JM Smucker Co
 
36,278
3,556,332
Kraft Heinz Co/The
 
303,662
6,880,981
Lamb Weston Holdings Inc
 
47,078
2,050,247
McCormick & Co Inc/MD
 
89,927
4,571,889
Mondelez International Inc
 
458,053
28,142,777
Pilgrim's Pride Corp
 
14,479
479,255
Post Holdings Inc (b)
 
16,129
1,689,513
Seaboard Corp
 
89
506,048
Smithfield Foods Inc
 
15,814
415,592
Tyson Foods Inc Class A
 
98,363
6,302,117
 
 
 
101,143,895
Household Products - 1.3%
 
 
 
Church & Dwight Co Inc
 
85,122
8,261,941
Clorox Co/The
 
43,642
4,208,834
Colgate-Palmolive Co
 
149,913
12,796,574
Kimberly-Clark Corp
 
75,351
7,416,799
Procter & Gamble Co/The
 
829,401
121,996,593
Reynolds Consumer Products Inc
 
19,083
400,171
 
 
 
155,080,912
Personal Care Products - 0.2%
 
 
 
BellRing Brands Inc (b)
 
41,012
730,014
Coty Inc Class A (b)
 
120,855
297,303
elf Beauty Inc (b)(c)
 
20,269
1,296,608
Estee Lauder Cos Inc/The Class A
 
86,860
6,663,031
Kenvue Inc
 
671,997
11,780,107
 
 
 
20,767,063
Tobacco - 1.2%
 
 
 
Altria Group Inc
 
596,426
43,330,349
Philip Morris International Inc
 
550,705
90,904,874
 
 
 
134,235,223
TOTAL CONSUMER STAPLES
 
 
832,211,295
Energy - 6.8%
 
 
 
Energy Equipment & Services - 0.6%
 
 
 
Baker Hughes Co Class A
 
350,658
24,430,343
Halliburton Co
 
297,097
12,567,203
NOV Inc
 
126,965
2,597,703
SLB Ltd
 
488,462
27,783,719
Weatherford International PLC (c)
 
24,631
2,718,031
 
 
 
70,096,999
Oil, Gas & Consumable Fuels - 6.2%
 
 
 
Antero Midstream Corp
 
117,073
2,559,216
Antero Resources Corp (b)
 
103,039
4,045,311
APA Corp
 
124,264
5,061,273
Cheniere Energy Inc
 
41,443
11,394,753
Chevron Corp
 
661,901
127,952,083
Chord Energy Corp
 
19,764
2,877,638
ConocoPhillips
 
437,282
55,001,331
Coterra Energy Inc
 
267,247
9,596,840
Devon Energy Corp
 
214,673
11,027,752
Diamondback Energy Inc
 
69,623
14,316,577
DT Midstream Inc
 
35,570
5,264,004
EOG Resources Inc
 
193,232
27,162,622
EQT Corp
 
213,138
12,805,331
Expand Energy Corp
 
80,536
8,226,752
Exxon Mobil Corp
 
1,492,786
230,381,664
HF Sinclair Corp
 
49,168
3,304,581
Kinder Morgan Inc
 
687,364
22,593,655
Marathon Petroleum Corp
 
106,305
26,394,468
Matador Resources Co
 
40,880
2,593,427
Occidental Petroleum Corp
 
249,433
15,110,651
ONEOK Inc
 
221,055
20,438,745
Ovintiv Inc
 
102,076
6,282,778
Permian Resources Holdings Inc/DE Class A
 
243,537
5,265,270
Phillips 66
 
132,283
23,698,499
Range Resources Corp
 
84,166
3,661,221
Valero Energy Corp
 
107,432
27,135,175
Viper Energy Inc Class A
 
65,172
3,218,193
Williams Cos Inc/The
 
407,628
31,106,093
 
 
 
718,475,903
TOTAL ENERGY
 
 
788,572,902
Financials - 19.4%
 
 
 
Banks - 6.8%
 
 
 
Bank of America Corp
 
2,135,963
114,188,583
Bank OZK
 
37,359
1,799,209
BOK Financial Corp
 
6,542
875,254
Central BanCo Inc (c)
 
6,860
185,357
Citigroup Inc
 
503,152
64,393,393
Citizens Financial Group Inc
 
152,447
9,916,677
Columbia Banking System Inc
 
102,379
3,030,418
Commerce Bancshares Inc/MO
 
47,419
2,467,211
Cullen/Frost Bankers Inc
 
20,811
3,016,138
East West Bancorp Inc
 
48,768
6,167,689
Fifth Third Bancorp
 
319,930
16,239,647
First Citizens BancShares Inc/NC Class A
 
3,112
6,173,648
First Hawaiian Inc
 
43,144
1,176,968
First Horizon Corp
 
172,936
4,316,483
FNB Corp/PA
 
124,259
2,218,023
Huntington Bancshares Inc/OH
 
711,088
11,917,835
JPMorgan Chase & Co
 
959,908
300,671,984
KeyCorp
 
329,010
7,274,411
M&T Bank Corp
 
53,888
11,781,533
Pinnacle Financial Partners Inc
 
53,198
5,263,410
PNC Financial Services Group Inc/The
 
137,592
30,683,016
Prosperity Bancshares Inc (c)
 
32,779
2,283,057
Regions Financial Corp
 
308,104
8,796,369
SOUTHSTATE BANK CORP
 
34,337
3,353,695
TFS Financial Corp (c)
 
18,342
275,864
Truist Financial Corp
 
446,981
23,019,522
US Bancorp
 
551,950
31,273,487
Webster Financial Corp
 
57,275
4,144,419
Wells Fargo & Co
 
1,094,431
89,995,062
Western Alliance Bancorp
 
29,560
2,410,322
Wintrust Financial Corp
 
23,104
3,478,769
Zions Bancorp NA
 
50,765
3,219,516
 
 
 
776,006,969
Capital Markets - 5.2%
 
 
 
Affiliated Managers Group Inc
 
9,559
2,816,751
Ameriprise Financial Inc
 
2,945
1,398,257
Bank of New York Mellon Corp/The
 
225,734
30,331,878
Blackrock Inc
 
53,925
57,462,480
Carlyle Group Inc/The
 
93,313
4,672,182
Cboe Global Markets Inc
 
37,067
11,123,436
Charles Schwab Corp/The
 
538,601
49,357,396
CME Group Inc Class A
 
127,071
36,573,575
Coinbase Global Inc Class A (b)
 
71,122
13,354,578
Evercore Inc Class A
 
12,903
4,145,605
FactSet Research Systems Inc
 
12,254
2,788,765
Franklin Resources Inc
 
93,927
2,814,992
Goldman Sachs Group Inc/The
 
98,263
90,772,412
Hamilton Lane Inc Class A
 
4,924
452,958
Houlihan Lokey Inc Class A
 
11,715
1,812,896
Interactive Brokers Group Inc Class A
 
143,805
11,432,498
Intercontinental Exchange Inc
 
201,690
31,885,172
Invesco Ltd
 
127,396
3,339,049
Janus Henderson Group PLC
 
42,965
2,217,424
Jefferies Financial Group Inc
 
40,506
1,953,199
KKR & Co Inc Class A
 
180,148
18,796,642
Lazard Inc
 
25,961
1,259,109
MarketAxess Holdings Inc
 
12,761
2,005,902
Morgan Stanley
 
400,955
76,418,013
Morningstar Inc
 
2,401
405,072
MSCI Inc
 
12,846
7,597,253
Nasdaq Inc
 
160,265
14,729,956
Northern Trust Corp
 
65,636
10,917,892
Raymond James Financial Inc
 
63,286
10,019,440
Robinhood Markets Inc Class A (b)
 
232,351
16,936,064
S&P Global Inc
 
107,150
46,206,295
SEI Investments Co
 
35,813
3,247,523
State Street Corp
 
98,687
15,083,321
Stifel Financial Corp
 
51,808
4,082,988
T Rowe Price Group Inc
 
76,935
7,915,073
TPG Inc Class A
 
2,956
128,940
Tradeweb Markets Inc Class A
 
37,437
4,239,740
Virtu Financial Inc Class A
 
27,801
1,380,598
 
 
 
602,075,324
Consumer Finance - 0.9%
 
 
 
Ally Financial Inc
 
84,923
3,769,732
American Express Co
 
128,264
41,435,685
Capital One Financial Corp
 
217,346
41,578,290
Credit Acceptance Corp (b)(c)
 
1,185
598,318
Figure Technology Solutions Inc Class A
 
9,991
350,684
OneMain Holdings Inc
 
41,219
2,422,441
SLM Corp
 
61,080
1,409,726
SoFi Technologies Inc Class A (b)(c)
 
372,238
5,993,032
Synchrony Financial
 
123,530
9,412,986
 
 
 
106,970,894
Financial Services - 3.3%
 
 
 
Affirm Holdings Inc Class A (b)
 
38,997
2,506,727
Apollo Global Management Inc
 
45,032
5,796,519
Berkshire Hathaway Inc Class B (b)
 
651,718
308,653,645
Block Inc Class A (b)
 
119,311
8,412,619
Corebridge Financial Inc
 
96,675
2,662,430
Euronet Worldwide Inc (b)(c)
 
13,655
988,349
Fidelity National Information Services Inc
 
184,012
8,562,078
Fiserv Inc (b)
 
137,503
8,614,563
Global Payments Inc
 
83,544
6,011,826
Jack Henry & Associates Inc
 
25,948
3,989,505
MGIC Investment Corp
 
76,954
2,037,742
PayPal Holdings Inc
 
331,470
16,619,906
Rocket Cos Inc Class A (b)
 
336,202
4,915,273
UWM Holdings Corp Class A
 
69,511
246,068
Voya Financial Inc
 
33,292
2,728,612
Western Union Co/The (c)
 
111,133
1,010,199
WEX Inc (b)
 
10,914
1,640,702
 
 
 
385,396,763
Insurance - 3.1%
 
 
 
AFLAC Inc
 
166,225
18,894,796
Allstate Corp/The
 
92,162
20,023,116
American Financial Group Inc/OH
 
23,146
3,084,667
American International Group Inc
 
190,907
14,279,844
Aon PLC
 
5,606
1,747,110
Arch Capital Group Ltd (b)
 
124,577
11,767,543
Arthur J Gallagher & Co
 
84,207
17,380,325
Assurant Inc
 
17,465
4,126,456
Assured Guaranty Ltd
 
15,050
1,232,595
Axis Capital Holdings Ltd
 
26,006
2,611,262
Brighthouse Financial Inc (b)
 
20,005
1,245,511
Brown & Brown Inc
 
90,213
5,426,312
Chubb Ltd
 
128,984
42,177,768
Cincinnati Financial Corp
 
54,596
8,931,906
CNA Financial Corp (c)
 
7,411
357,432
Everest Group Ltd
 
12,743
4,546,193
Fidelity National Financial Inc
 
92,098
4,816,725
First American Financial Corp
 
34,054
2,388,207
Globe Life Inc
 
27,833
4,294,632
Hanover Insurance Group Inc/The
 
12,379
2,323,415
Hartford Insurance Group Inc/The
 
99,385
13,596,862
Kemper Corp
 
20,348
685,524
Lincoln National Corp
 
59,611
2,253,892
Loews Corp
 
59,952
6,751,195
Markel Group Inc (b)
 
3,519
6,237,322
Marsh & McLennan Cos Inc
 
151,337
25,380,728
MetLife Inc
 
196,899
15,771,610
Old Republic International Corp
 
79,998
3,195,920
Primerica Inc
 
11,132
3,131,098
Principal Financial Group Inc
 
77,241
7,794,389
Progressive Corp/The
 
196,640
39,579,699
Prudential Financial Inc
 
123,947
12,160,440
Reinsurance Group of America Inc
 
23,542
4,978,191
RLI Corp
 
27,109
1,403,433
Travelers Companies Inc/The
 
76,620
23,379,827
Unum Group
 
59,094
4,749,976
W R Berkley Corp
 
79,773
5,331,230
White Mountains Insurance Group Ltd
 
863
1,926,207
Willis Towers Watson PLC
 
33,874
8,678,519
 
 
 
358,641,877
Mortgage Real Estate Investment Trusts (REITs) - 0.1%
 
 
 
AGNC Investment Corp (c)
 
387,109
4,265,941
Annaly Capital Management Inc
 
252,102
5,773,136
Rithm Capital Corp (c)
 
193,541
1,892,831
Starwood Property Trust Inc
 
121,027
2,222,056
 
 
 
14,153,964
TOTAL FINANCIALS
 
 
2,243,245,791
Health Care - 10.8%
 
 
 
Biotechnology - 1.2%
 
 
 
Amgen Inc
 
49,851
17,260,909
Biogen Inc (b)
 
51,673
9,780,665
BioMarin Pharmaceutical Inc (b)
 
67,626
3,645,718
Caris Life Sciences Inc (b)
 
16,045
304,855
Exelixis Inc (b)
 
17,627
783,696
Gilead Sciences Inc
 
321,575
42,074,873
Incyte Corp (b)
 
41,644
3,967,424
Insmed Inc (b)
 
4,598
626,845
Ionis Pharmaceuticals Inc (b)
 
3,914
292,610
Moderna Inc (b)(c)
 
127,758
5,869,203
Neurocrine Biosciences Inc (b)
 
4,895
644,525
Regeneron Pharmaceuticals Inc
 
35,866
25,359,414
Revolution Medicines Inc (b)
 
63,393
9,136,199
Roivant Sciences Ltd (b)
 
148,635
4,240,557
Sarepta Therapeutics Inc (b)
 
5,810
121,312
United Therapeutics Corp (b)
 
15,002
8,571,393
Viking Therapeutics Inc (b)(c)
 
35,132
1,095,416
 
 
 
133,775,614
Health Care Equipment & Supplies - 2.1%
 
 
 
Abbott Laboratories
 
611,787
55,544,142
Align Technology Inc (b)
 
24,133
4,247,649
Baxter International Inc
 
179,322
3,152,481
Becton Dickinson & Co
 
101,107
15,068,987
Boston Scientific Corp (b)
 
431,758
24,873,578
Cooper Cos Inc/The (b)
 
69,499
4,371,487
DENTSPLY SIRONA Inc
 
69,705
819,033
Edwards Lifesciences Corp (b)
 
203,416
16,985,236
Envista Holdings Corp (b)
 
57,024
1,479,202
GE HealthCare Technologies Inc
 
161,989
9,855,411
Globus Medical Inc Class A (b)
 
39,253
3,539,836
Medline Inc Class A
 
115,882
5,153,273
Medtronic PLC
 
453,014
36,680,544
ResMed Inc
 
39,446
8,433,949
Solventum Corp (b)
 
51,682
3,481,300
STERIS PLC
 
34,762
7,539,183
Stryker Corp
 
90,307
28,458,445
Teleflex Inc
 
15,459
1,915,524
Zimmer Biomet Holdings Inc
 
70,250
5,790,708
 
 
 
237,389,968
Health Care Providers & Services - 2.5%
 
 
 
Acadia Healthcare Co Inc (b)
 
31,852
824,808
Cardinal Health Inc
 
41,991
8,099,224
Centene Corp (b)
 
173,409
9,310,329
Chemed Corp
 
4,432
1,883,511
Cigna Group/The
 
85,777
24,925,081
CVS Health Corp
 
442,822
36,882,644
Elevance Health Inc
 
78,650
29,605,433
Encompass Health Corp
 
34,869
3,486,900
HCA Healthcare Inc
 
45,189
19,632,361
Henry Schein Inc (b)
 
35,569
2,653,092
Humana Inc
 
42,714
10,099,298
Labcorp Holdings Inc
 
29,629
7,608,727
McKesson Corp
 
3,331
2,715,431
Molina Healthcare Inc (b)
 
8,036
1,563,966
Quest Diagnostics Inc
 
39,505
7,671,871
Tenet Healthcare Corp (b)
 
30,876
5,468,757
UnitedHealth Group Inc
 
321,613
119,151,185
Universal Health Services Inc Class B
 
18,370
3,091,120
 
 
 
294,673,738
Health Care Technology - 0.0%
 
 
 
Certara Inc (b)
 
41,857
256,583
Veeva Systems Inc Class A (b)
 
10,645
1,660,301
 
 
 
1,916,884
Life Sciences Tools & Services - 1.5%
 
 
 
Agilent Technologies Inc
 
100,983
11,668,586
Avantor Inc (b)
 
231,263
1,873,230
Bio-Rad Laboratories Inc Class A (b)
 
6,481
1,815,458
Bio-Techne Corp
 
54,067
2,990,986
Bruker Corp
 
36,160
1,327,433
Charles River Laboratories International Inc (b)
 
17,076
2,851,180
Danaher Corp
 
222,573
39,829,438
Illumina Inc (b)
 
54,435
6,899,092
IQVIA Holdings Inc (b)
 
59,826
9,474,644
Mettler-Toledo International Inc (b)
 
7,293
9,310,317
QIAGEN NV (c)
 
70,875
2,450,858
Repligen Corp (b)
 
16,149
1,910,588
Revvity Inc (c)
 
40,735
3,528,466
Sotera Health Co (b)
 
77,735
1,209,556
Thermo Fisher Scientific Inc
 
133,450
63,917,212
Waters Corp (b)
 
23,780
7,353,489
West Pharmaceutical Services Inc
 
25,340
7,540,931
 
 
 
175,951,464
Pharmaceuticals - 3.5%
 
 
 
Bristol-Myers Squibb Co
 
581,696
35,244,961
Elanco Animal Health Inc (b)
 
174,735
3,908,822
Jazz Pharmaceuticals PLC (b)
 
20,937
4,250,630
Johnson & Johnson
 
850,255
195,431,112
Merck & Co Inc
 
878,158
95,877,290
Organon & Co (c)
 
90,906
1,204,505
Perrigo Co PLC
 
47,683
564,567
Pfizer Inc
 
2,007,623
53,603,534
Royalty Pharma PLC Class A
 
136,183
6,821,406
Viatris Inc
 
409,501
6,117,945
Zoetis Inc Class A
 
31,220
3,589,363
 
 
 
406,614,135
TOTAL HEALTH CARE
 
 
1,250,321,803
Industrials - 13.3%
 
 
 
Aerospace & Defense - 2.7%
 
 
 
ATI Inc (b)
 
47,719
7,418,396
Boeing Co (b)
 
229,487
52,559,408
BWX Technologies Inc
 
26,619
5,760,085
Carpenter Technology Corp
 
14,107
6,040,617
Curtiss-Wright Corp
 
13,004
9,365,481
General Dynamics Corp
 
89,251
30,729,119
Hexcel Corp
 
26,356
2,474,038
Huntington Ingalls Industries Inc
 
13,820
5,034,488
L3Harris Technologies Inc
 
65,952
21,140,914
Leonardo DRS Inc
 
16,064
652,680
Loar Holdings Inc (b)(c)
 
1,432
80,364
Lockheed Martin Corp
 
52,579
27,234,345
Northrop Grumman Corp
 
47,227
27,367,102
RTX Corp
 
472,561
83,203,815
StandardAero Inc (b)
 
72,942
1,813,338
Textron Inc
 
62,717
6,018,323
TransDigm Group Inc
 
16,125
18,704,678
Woodward Inc
 
21,173
7,685,587
 
 
 
313,282,778
Air Freight & Logistics - 0.7%
 
 
 
CH Robinson Worldwide Inc
 
41,588
7,561,114
Expeditors International of Washington Inc
 
47,270
6,990,760
FedEx Corp
 
75,715
30,536,617
GXO Logistics Inc (b)
 
39,285
2,244,352
United Parcel Service Inc Class B
 
259,444
28,227,507
 
 
 
75,560,350
Building Products - 0.7%
 
 
 
A O Smith Corp
 
39,774
2,459,624
Advanced Drainage Systems Inc
 
24,731
3,691,102
Allegion plc
 
30,164
4,146,947
Armstrong World Industries Inc
 
10,632
1,811,586
Builders FirstSource Inc (b)
 
37,979
3,003,759
Carlisle Cos Inc
 
12,785
4,541,999
Carrier Global Corp
 
278,038
18,675,812
Fortune Brands Innovations Inc
 
42,342
1,716,545
Hayward Holdings Inc (b)
 
72,188
1,083,542
Johnson Controls International plc
 
216,432
31,605,566
Masco Corp
 
74,283
5,335,005
Owens Corning
 
28,551
3,521,480
Simpson Manufacturing Co Inc
 
13,292
2,535,183
Trex Co Inc (b)
 
37,352
1,464,198
 
 
 
85,592,348
Commercial Services & Supplies - 0.3%
 
 
 
Clean Harbors Inc (b)
 
17,730
5,543,816
Copart Inc (b)
 
21,225
702,760
MSA Safety Inc (c)
 
12,945
2,153,919
Republic Services Inc
 
71,693
14,999,610
Tetra Tech Inc
 
74,067
2,393,845
Veralto Corp
 
52,326
4,615,153
 
 
 
30,409,103
Construction & Engineering - 0.4%
 
 
 
AECOM
 
45,163
3,798,208
API Group Corp (b)
 
127,297
5,820,019
EMCOR Group Inc
 
10,248
9,137,835
Everus Construction Group Inc (b)
 
17,805
2,624,991
MasTec Inc (b)
 
17,487
6,890,752
Quanta Services Inc
 
11,716
8,526,553
Valmont Industries Inc
 
6,816
3,462,801
WillScot Holdings Corp (c)
 
46,424
1,051,039
 
 
 
41,312,198
Electrical Equipment - 1.3%
 
 
 
Acuity Inc
 
10,806
3,131,255
AMETEK Inc
 
81,362
19,160,751
Eaton Corp PLC
 
138,461
59,954,998
Emerson Electric Co
 
199,191
27,974,384
Generac Holdings Inc (b)
 
20,628
5,347,396
Hubbell Inc
 
18,921
9,615,085
nVent Electric PLC
 
56,354
8,052,987
Regal Rexnord Corp
 
23,615
5,077,933
Rockwell Automation Inc
 
36,781
15,040,119
Sensata Technologies Holding PLC
 
50,775
2,114,270
 
 
 
155,469,178
Ground Transportation - 1.3%
 
 
 
Avis Budget Group Inc (b)
 
3,881
701,180
CSX Corp
 
663,478
30,141,806
JB Hunt Transport Services Inc
 
27,230
6,849,162
Knight-Swift Transportation Holdings Inc
 
55,107
3,576,444
Landstar System Inc
 
11,925
2,195,035
Lyft Inc Class A (b)(c)
 
112,965
1,598,455
Norfolk Southern Corp
 
79,821
25,209,866
Old Dominion Freight Line Inc
 
61,363
13,035,342
Ryder System Inc
 
13,751
3,489,591
Saia Inc (b)
 
9,589
4,303,735
Schneider National Inc Class B
 
16,095
500,394
U-Haul Holding Co (b)(c)
 
1,661
85,309
U-Haul Holding Co Class N
 
21,923
1,045,508
Union Pacific Corp
 
194,653
52,455,090
XPO Inc (b)
 
32,241
7,097,211
 
 
 
152,284,128
Industrial Conglomerates - 0.6%
 
 
 
3M Co
 
158,353
23,201,881
Honeywell International Inc
 
224,860
48,194,244
 
 
 
71,396,125
Machinery - 3.9%
 
 
 
AGCO Corp
 
21,714
2,627,828
Allison Transmission Holdings Inc
 
24,156
3,245,359
Caterpillar Inc
 
143,470
127,704,082
CNH Industrial NV Class A
 
307,255
3,290,701
Crane Co
 
17,222
3,060,866
Cummins Inc
 
48,644
32,640,610
Deere & Co
 
86,353
50,937,044
Donaldson Co Inc
 
40,232
3,547,255
Dover Corp
 
48,086
10,887,151
Esab Corp
 
19,925
1,958,030
Flowserve Corp
 
44,344
3,265,492
Fortive Corp
 
112,735
6,740,426
Gates Industrial Corp PLC (b)
 
88,761
2,273,169
Graco Inc
 
59,548
4,779,918
IDEX Corp
 
26,929
5,866,483
Illinois Tool Works Inc
 
68,993
17,800,884
Ingersoll Rand Inc
 
140,873
11,250,118
ITT Inc
 
30,434
6,523,224
Lincoln Electric Holdings Inc
 
18,762
4,971,930
Middleby Corp/The (b)
 
16,673
2,340,222
Mueller Industries Inc
 
38,733
5,245,610
Nordson Corp
 
18,614
5,369,208
Oshkosh Corp
 
21,997
3,438,131
Otis Worldwide Corp
 
138,264
10,768,000
PACCAR Inc
 
182,261
21,652,607
Parker-Hannifin Corp
 
44,697
40,648,346
Pentair PLC
 
58,387
4,712,415
RBC Bearings Inc (b)
 
8,639
5,175,539
Snap-on Inc (c)
 
18,231
6,989,765
Stanley Black & Decker Inc
 
55,179
4,312,791
Timken Co/The
 
21,893
2,427,715
Toro Co/The
 
34,507
3,284,031
Westinghouse Air Brake Technologies Corp
 
60,027
16,200,687
Xylem Inc/NY
 
86,155
10,180,075
 
 
 
446,115,712
Marine Transportation - 0.0%
 
 
 
Kirby Corp (b)
 
18,878
2,841,894
Passenger Airlines - 0.3%
 
 
 
Alaska Air Group Inc (b)(c)
 
33,257
1,300,681
American Airlines Group Inc (b)
 
213,903
2,504,804
Delta Air Lines Inc
 
230,544
15,674,687
Southwest Airlines Co
 
147,016
5,574,847
United Airlines Holdings Inc (b)
 
115,264
10,373,760
 
 
 
35,428,779
Professional Services - 0.5%
 
 
 
Amentum Holdings Inc (b)
 
55,733
1,461,877
Automatic Data Processing Inc
 
10,287
2,180,227
Broadridge Financial Solutions Inc
 
3,732
574,653
CACI International Inc (b)
 
7,601
3,949,024
Clarivate PLC (b)(c)
 
128,517
368,844
Concentrix Corp (c)
 
15,303
364,516
Equifax Inc
 
35,773
6,222,356
FTI Consulting Inc (b)
 
10,539
1,889,643
Genpact Ltd
 
55,549
1,930,328
Jacobs Solutions Inc
 
41,618
5,385,785
KBR Inc
 
40,704
1,525,993
Leidos Holdings Inc
 
45,270
6,755,189
ManpowerGroup Inc
 
16,121
487,983
Parsons Corp (b)
 
18,470
931,073
Paychex Inc
 
78,845
7,303,412
Paycom Software Inc
 
7,923
1,004,319
Paylocity Holding Corp (b)
 
1,271
134,077
Robert Half Inc (c)
 
34,614
921,079
Science Applications International Corp
 
15,740
1,523,160
SS&C Technologies Holdings Inc
 
74,732
5,178,928
TransUnion
 
69,339
4,923,069
Verisk Analytics Inc
 
19,588
3,613,790
 
 
 
58,629,325
Trading Companies & Distributors - 0.6%
 
 
 
Applied Industrial Technologies Inc
 
12,943
3,957,322
Core & Main Inc Class A (b)
 
27,878
1,404,215
Fastenal Co
 
71,813
3,226,558
Ferguson Enterprises Inc
 
63,623
17,032,513
MSC Industrial Direct Co Inc Class A
 
15,385
1,573,424
QXO Inc (b)(c)
 
229,642
4,608,915
SiteOne Landscape Supply Inc (b)
 
10,493
1,322,643
United Rentals Inc
 
22,454
21,552,248
Watsco Inc
 
12,401
5,429,654
Wesco International Inc
 
17,077
5,961,922
WW Grainger Inc
 
2,235
2,595,617
 
 
 
68,665,031
TOTAL INDUSTRIALS
 
 
1,536,986,949
Information Technology - 14.2%
 
 
 
Communications Equipment - 1.7%
 
 
 
Ciena Corp (b)
 
49,849
26,299,335
Cisco Systems Inc
 
1,406,450
128,690,176
F5 Inc (b)
 
19,997
6,477,028
Lumentum Holdings Inc (b)
 
23,012
20,764,188
Motorola Solutions Inc
 
34,081
14,962,581
 
 
 
197,193,308
Electronic Equipment, Instruments & Components - 1.3%
 
 
 
Arrow Electronics Inc (b)
 
18,070
3,394,088
Avnet Inc
 
28,277
2,333,135
CDW Corp/DE
 
42,802
5,860,022
Cognex Corp
 
58,734
3,260,324
Coherent Corp (b)
 
61,810
19,761,275
Corning Inc
 
275,901
45,313,981
Crane NXT Co
 
17,140
765,815
Flex Ltd (b)
 
130,285
11,927,592
Ingram Micro Holding Corp
 
7,181
220,959
IPG Photonics Corp (b)
 
8,644
1,027,944
Jabil Inc
 
12,622
4,259,799
Keysight Technologies Inc (b)
 
60,859
21,295,174
Littelfuse Inc
 
8,597
3,474,649
Ralliant Corp
 
39,610
1,799,878
TD SYNNEX Corp
 
27,096
6,182,765
Teledyne Technologies Inc (b)
 
16,467
10,635,212
Vontier Corp
 
50,635
1,816,784
Zebra Technologies Corp Class A (b)
 
18,256
4,130,603
 
 
 
147,459,999
IT Services - 1.4%
 
 
 
Accenture PLC Class A
 
217,491
38,867,817
Akamai Technologies Inc (b)
 
50,149
5,164,344
Amdocs Ltd
 
37,194
2,405,336
Cognizant Technology Solutions Corp Class A
 
171,179
9,055,369
DXC Technology Co (b)
 
58,891
666,646
EPAM Systems Inc (b)
 
18,855
2,145,322
Globant SA (b)
 
13,645
562,582
IBM Corporation
 
328,825
75,951,999
Kyndryl Holdings Inc (b)
 
74,372
1,027,821
MongoDB Inc Class A (b)
 
25,246
6,332,454
Okta Inc Class A (b)
 
35,509
2,615,238
Twilio Inc Class A (b)
 
41,760
6,182,986
VeriSign Inc
 
29,488
7,922,246
 
 
 
158,900,160
Semiconductors & Semiconductor Equipment - 7.3%
 
 
 
Advanced Micro Devices Inc (b)
 
236,226
83,739,755
Amkor Technology Inc
 
43,488
3,033,288
Analog Devices Inc
 
172,756
69,492,829
Applied Materials Inc
 
200,846
79,231,739
Cirrus Logic Inc (b)
 
17,889
2,917,338
Entegris Inc
 
44,492
6,290,279
First Solar Inc (b)
 
35,908
7,249,466
GlobalFoundries Inc (b)
 
42,979
2,776,443
Intel Corp (b)
 
1,559,467
147,338,442
Lattice Semiconductor Corp (b)
 
7,104
868,677
MACOM Technology Solutions Holdings Inc (b)
 
17,854
5,027,865
Marvell Technology Inc
 
278,319
45,964,383
Microchip Technology Inc
 
186,686
17,344,996
Micron Technology Inc
 
394,875
204,213,556
MKS Inc
 
23,815
6,757,506
ON Semiconductor Corp (b)
 
142,200
14,335,182
Onto Innovation Inc (b)
 
13,237
3,905,709
Qnity Electronics Inc
 
74,079
10,419,952
Qorvo Inc (b)
 
29,377
2,767,901
QUALCOMM Inc
 
291,578
52,361,577
Skyworks Solutions Inc
 
52,380
3,675,505
Teradyne Inc
 
55,349
19,010,721
Texas Instruments Inc
 
189,816
53,353,481
Universal Display Corp
 
15,377
1,339,183
 
 
 
843,415,773
Software - 1.1%
 
 
 
Aurora Innovation Inc Class A (b)(c)
 
408,185
2,400,128
BILL Holdings Inc (b)
 
28,175
1,070,650
Ccc Intelligent Solutions Holdings Inc Class A (b)
 
211,236
1,106,877
Circle Internet Group Inc Class A (b)
 
33,587
3,052,387
Docusign Inc (b)
 
16,994
781,554
Dolby Laboratories Inc Class A
 
21,164
1,357,459
Dropbox Inc Class A (b)
 
44,460
1,079,933
Fair Isaac Corp (b)
 
1,424
1,459,600
Gen Digital Inc
 
171,430
3,306,885
nCino Inc (b)(c)
 
33,406
583,937
Nutanix Inc Class A (b)
 
68,372
2,795,731
Pegasystems Inc
 
21,600
789,480
PTC Inc (b)
 
37,173
5,066,680
Roper Technologies Inc
 
38,008
13,485,618
Rubrik Inc Class A (b)
 
20,164
1,072,322
SailPoint Inc (b)(c)
 
21,047
240,356
Salesforce Inc
 
286,243
50,530,477
SentinelOne Inc Class A (b)
 
29,989
424,643
Strategy Inc Class A (b)(c)
 
104,214
17,242,206
Synopsys Inc (b)
 
17,975
8,674,735
Teradata Corp (b)
 
24,976
658,118
Trimble Inc (b)
 
85,068
5,726,778
Tyler Technologies Inc (b)
 
2,571
877,071
UiPath Inc Class A (b)(c)
 
140,816
1,450,405
Unity Software Inc (b)
 
107,521
2,840,705
Zoom Communications Inc Class A (b)
 
94,375
9,168,531
 
 
 
137,243,266
Technology Hardware, Storage & Peripherals - 1.4%
 
 
 
Dell Technologies Inc Class C
 
95,229
19,898,100
Everpure Inc Class A (b)
 
15,714
1,122,765
Hewlett Packard Enterprise Co
 
470,854
13,546,470
HP Inc
 
324,942
6,778,290
NetApp Inc
 
42,909
4,753,030
Sandisk Corp/DE (b)
 
50,544
55,422,001
Super Micro Computer Inc (b)(c)
 
97,347
2,667,308
Western Digital Corp
 
120,225
52,240,167
 
 
 
156,428,131
TOTAL INFORMATION TECHNOLOGY
 
 
1,640,640,637
Materials - 4.0%
 
 
 
Chemicals - 2.0%
 
 
 
Air Products and Chemicals Inc
 
78,594
23,582,130
Albemarle Corp
 
41,556
8,174,065
Ashland Inc
 
15,864
844,917
Axalta Coating Systems Ltd (b)
 
74,559
2,120,458
Celanese Corp
 
38,273
2,593,378
CF Industries Holdings Inc
 
54,927
6,821,933
Corteva Inc
 
239,518
19,403,353
Dow Inc
 
250,462
10,141,206
DuPont de Nemours Inc
 
148,901
6,798,820
Eastman Chemical Co
 
41,055
3,000,710
Ecolab Inc
 
66,691
17,379,675
Element Solutions Inc
 
78,825
3,357,157
FMC Corp
 
43,433
668,000
Huntsman Corp
 
57,528
826,677
International Flavors & Fragrances Inc
 
91,071
6,393,184
Linde PLC
 
165,958
83,168,193
LyondellBasell Industries NV Class A1
 
90,739
6,769,129
Mosaic Co/The
 
110,453
2,570,241
NewMarket Corp
 
2,211
1,493,796
Olin Corp
 
40,192
1,144,668
PPG Industries Inc
 
79,755
8,653,418
RPM International Inc
 
44,450
4,529,011
Scotts Miracle-Gro Co/The
 
15,282
958,181
Sherwin-Williams Co/The
 
7,558
2,430,728
Solstice Advanced Materials Inc
 
55,657
4,561,091
Westlake Corp (c)
 
11,696
1,348,315
 
 
 
229,732,434
Construction Materials - 0.5%
 
 
 
CRH PLC
 
237,146
28,082,829
Eagle Materials Inc
 
10,233
2,150,056
James Hardie Industries PLC (b)
 
18,941
397,572
Martin Marietta Materials Inc
 
21,243
13,150,904
Vulcan Materials Co
 
46,818
14,126,863
 
 
 
57,908,224
Containers & Packaging - 0.4%
 
 
 
Amcor PLC (c)
 
163,802
6,231,028
AptarGroup Inc
 
22,897
2,831,901
Avery Dennison Corp
 
26,949
4,417,750
Ball Corp
 
95,580
5,838,026
Crown Holdings Inc
 
40,492
3,980,769
Graphic Packaging Holding CO
 
102,343
975,329
International Paper Co
 
186,005
5,658,272
Packaging Corp of America
 
31,372
6,696,353
Silgan Holdings Inc
 
30,544
1,238,559
Smurfit Westrock PLC
 
184,673
7,089,597
Sonoco Products Co (c)
 
34,465
1,721,871
 
 
 
46,679,455
Metals & Mining - 1.1%
 
 
 
Alcoa Corp
 
91,424
5,831,937
Cleveland-Cliffs Inc (b)
 
196,166
2,000,892
Freeport-McMoRan Inc
 
505,580
29,212,412
MP Materials Corp (b)(c)
 
49,788
3,288,000
Newmont Corp
 
388,252
43,130,915
Nucor Corp
 
81,203
18,294,224
Reliance Inc
 
18,568
6,730,900
Royal Gold Inc
 
29,770
6,947,723
Steel Dynamics Inc
 
43,776
10,009,820
 
 
 
125,446,823
Paper & Forest Products - 0.0%
 
 
 
Louisiana-Pacific Corp
 
22,054
1,592,078
TOTAL MATERIALS
 
 
461,359,014
Real Estate - 4.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
WP Carey Inc
 
77,262
5,634,717
Health Care REITs - 0.7%
 
 
 
Alexandria Real Estate Equities Inc
 
60,042
2,432,301
Healthcare Realty Trust Inc
 
114,867
2,148,013
Healthpeak Properties Inc
 
247,363
3,999,860
Medical Properties Trust Inc (c)
 
174,630
862,672
Omega Healthcare Investors Inc
 
103,288
4,851,437
Ventas Inc
 
165,409
14,532,835
Welltower Inc
 
242,870
52,785,366
 
 
 
81,612,484
Hotel & Resort REITs - 0.1%
 
 
 
Host Hotels & Resorts Inc
 
239,825
5,067,502
Park Hotels & Resorts Inc
 
64,816
743,440
 
 
 
5,810,942
Industrial REITs - 0.5%
 
 
 
Americold Realty Trust Inc
 
99,798
1,220,530
EastGroup Properties Inc
 
18,533
3,728,840
First Industrial Realty Trust Inc
 
44,801
2,778,110
Lineage Inc
 
24,724
911,820
Prologis Inc
 
327,609
46,527,030
Rexford Industrial Realty Inc
 
81,602
2,928,696
STAG Industrial Inc Class A
 
65,344
2,520,972
 
 
 
60,615,998
Office REITs - 0.1%
 
 
 
BXP Inc
 
55,444
3,241,256
Cousins Properties Inc
 
58,411
1,495,906
Highwoods Properties Inc
 
37,826
919,550
Kilroy Realty Corp
 
41,057
1,365,556
Vornado Realty Trust
 
61,737
1,845,319
 
 
 
8,867,587
Real Estate Management & Development - 0.2%
 
 
 
CBRE Group Inc Class A (b)
 
93,755
13,381,652
CoStar Group Inc (b)
 
130,699
4,523,492
Howard Hughes Holdings Inc (b)
 
10,830
674,384
Jones Lang LaSalle Inc (b)
 
12,318
3,918,725
Zillow Group Inc Class A (b)
 
16,865
752,348
Zillow Group Inc Class C (b)
 
57,773
2,565,121
 
 
 
25,815,722
Residential REITs - 0.5%
 
 
 
American Homes 4 Rent Class A
 
122,446
3,898,681
AvalonBay Communities Inc
 
50,421
9,227,043
Camden Property Trust
 
37,803
3,970,071
Equity LifeStyle Properties Inc
 
68,567
4,339,605
Equity Residential
 
134,339
8,783,084
Essex Property Trust Inc
 
22,684
5,970,656
Invitation Homes Inc
 
217,827
6,266,883
Mid-America Apartment Communities Inc
 
41,535
5,365,491
Sun Communities Inc
 
34,688
4,434,514
UDR Inc
 
111,757
4,061,249
 
 
 
56,317,277
Retail REITs - 0.5%
 
 
 
Agree Realty Corp
 
39,587
3,052,554
Brixmor Property Group Inc
 
106,572
3,206,751
Federal Realty Investment Trust
 
29,777
3,302,269
Kimco Realty Corp
 
238,628
5,641,166
NNN REIT Inc
 
66,111
2,895,000
Realty Income Corp
 
323,300
20,768,792
Regency Centers Corp
 
64,602
5,029,266
Simon Property Group Inc
 
89,143
18,159,321
 
 
 
62,055,119
Specialized REITs - 1.4%
 
 
 
Crown Castle Inc
 
153,535
13,630,837
CubeSmart
 
79,238
3,207,554
Digital Realty Trust Inc
 
121,602
24,434,706
EPR Properties
 
26,117
1,457,590
Equinix Inc
 
34,530
37,390,120
Extra Space Storage Inc
 
74,639
10,698,008
Fermi Inc
 
12,884
66,094
Gaming and Leisure Properties Inc
 
95,006
4,603,991
Iron Mountain Inc
 
103,855
13,084,691
Millrose Properties Inc Class A
 
53,580
1,643,299
National Storage Affiliates Trust
 
24,646
1,048,934
Public Storage
 
48,522
14,675,479
Rayonier Inc
 
104,220
2,210,506
SBA Communications Corp Class A
 
37,543
8,304,512
VICI Properties Inc
 
384,620
11,230,904
Weyerhaeuser Co
 
257,317
6,309,413
 
 
 
153,996,638
TOTAL REAL ESTATE
 
 
460,726,484
Utilities - 4.4%
 
 
 
Electric Utilities - 2.9%
 
 
 
Alliant Energy Corp
 
91,337
6,706,876
American Electric Power Co Inc
 
188,703
25,873,068
Constellation Energy Corp
 
110,267
34,513,571
Duke Energy Corp
 
274,284
35,533,492
Edison International
 
134,858
9,371,282
Entergy Corp
 
157,712
18,595,822
Evergy Inc
 
81,933
6,787,330
Eversource Energy
 
133,060
9,407,342
Exelon Corp
 
357,223
16,428,686
FirstEnergy Corp
 
194,046
9,221,066
IDACORP Inc
 
18,873
2,788,297
NextEra Energy Inc
 
736,998
72,137,364
OGE Energy Corp
 
73,609
3,592,119
PG&E Corp
 
775,448
12,887,946
Pinnacle West Capital Corp (c)
 
42,639
4,422,517
PPL Corp
 
261,786
9,801,268
Southern Co/The
 
388,826
37,599,474
Xcel Energy Inc
 
209,103
17,345,094
 
 
 
333,012,614
Gas Utilities - 0.2%
 
 
 
Atmos Energy Corp
 
56,563
10,745,839
MDU Resources Group Inc (c)
 
70,983
1,599,247
National Fuel Gas Co
 
32,923
2,778,043
UGI Corp
 
75,271
2,716,530
 
 
 
17,839,659
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
AES Corp/The
 
248,524
3,591,172
Clearway Energy Inc Class A
 
12,122
490,092
Clearway Energy Inc Class C
 
29,167
1,177,180
Talen Energy Corp (b)
 
16,118
6,002,666
 
 
 
11,261,110
Multi-Utilities - 1.1%
 
 
 
Ameren Corp
 
95,491
10,852,552
CenterPoint Energy Inc
 
230,575
10,064,599
CMS Energy Corp
 
107,335
8,236,888
Consolidated Edison Inc
 
127,396
14,203,380
Dominion Energy Inc
 
301,457
19,443,977
DTE Energy Co
 
73,347
11,126,006
NiSource Inc
 
169,281
8,172,887
Public Service Enterprise Group Inc
 
176,564
14,418,216
Sempra
 
230,509
21,926,016
WEC Energy Group Inc
 
114,911
13,552,603
 
 
 
131,997,124
Water Utilities - 0.1%
 
 
 
American Water Works Co Inc
 
68,794
8,834,526
Essential Utilities Inc
 
100,262
3,830,008
 
 
 
12,664,534
TOTAL UTILITIES
 
 
506,775,041
TOTAL UNITED STATES
 
 
11,501,100,097
 
TOTAL COMMON STOCKS
 (Cost $7,181,688,995)
 
 
 
11,566,747,086
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Yield (%) (d)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 5/14/2026 (e)
 (Cost $1,982,411)
 
3.64
1,985,000
1,982,432
 
 
 
 
 
Money Market Funds - 0.7%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (f)
 
3.69
3,435,368
3,436,055
Fidelity Securities Lending Cash Central Fund (f)(g)
 
3.69
77,770,171
77,777,949
 
TOTAL MONEY MARKET FUNDS
 (Cost $81,213,627)
 
 
 
81,214,004
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.6%
 (Cost $7,264,885,033)
 
 
 
11,649,943,522
NET OTHER ASSETS (LIABILITIES) - (0.6)%  
(74,354,417)
NET ASSETS - 100.0%
11,575,589,105
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
 
 
 
 
 
Equity Contracts
 
 
 
 
CME E-Mini S&P 500 Index Contracts (United States)
18
6/2026
6,519,375
650,034
CME E-Mini S&P MidCap 400 Index Contracts (United States)
18
6/2026
6,572,160
567,175
 
 
 
 
 
TOTAL FUTURES CONTRACTS
 
 
 
1,217,209
The notional amount of long futures as a percentage of Net Assets is 0.2%.

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)
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.
 
(e)
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 $806,955.
 
(f)
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.
 
(g)
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 $21,512,422.
 
 
 
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
52,435,738
200,812,004
249,811,687
364,117
-
-
3,436,055
3,435,368
0.0%
Fidelity Securities Lending Cash Central Fund
93,516,153
174,707,951
190,446,155
56,239
-
-
77,777,949
77,770,171
0.2%
Total
145,951,891
375,519,955
440,257,842
420,356
-
-
81,214,004
 
 
 
 
 
 
 
 
 
 
 
 
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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