Quarterly Holdings Report
for
Fidelity® International Growth Fund
July 31, 2026
IGF-NPRT3-0926
1.863103.118
Common Stocks - 97.4%
 
  
Shares
Value ($)
 
AUSTRIA - 2.0%
 
  
  
Financials - 2.0%
  
  
  
Banks - 2.0%
  
  
  
Erste Group Bank AG
 
977,300
127,122,610
BELGIUM - 1.8%
 
  
  
Financials - 1.8%
  
  
  
Banks - 1.8%
  
  
  
KBC Ancora
 
146,600
14,977,989
KBC Group NV
 
704,300
101,236,186
 
  
  
  
TOTAL BELGIUM
  
  
116,214,175
CANADA - 2.1%
 
  
  
Industrials - 0.4%
  
  
  
Ground Transportation - 0.4%
  
  
  
Canadian Pacific Kansas City Ltd
 
333,400
29,614,415
Materials - 1.7%
  
  
  
Metals & Mining - 1.7%
  
  
  
Franco-Nevada Corp
 
503,680
107,156,631
TOTAL CANADA
  
  
136,771,046
FINLAND - 0.8%
 
  
  
Industrials - 0.8%
  
  
  
Machinery - 0.8%
  
  
  
Kone Oyj B Shares
 
887,804
51,290,936
FRANCE - 10.0%
 
  
  
Industrials - 8.6%
  
  
  
Aerospace & Defense - 6.5%
  
  
  
Airbus SE
 
937,000
219,968,916
Safran SA
 
477,800
187,766,487
 
  
  
407,735,403
Electrical Equipment - 2.1%
  
  
  
Legrand SA
 
897,000
136,370,244
TOTAL INDUSTRIALS
  
  
544,105,647
Materials - 1.4%
  
  
  
Chemicals - 1.4%
  
  
  
Air Liquide SA
 
460,930
90,807,144
TOTAL FRANCE
  
  
634,912,791
GERMANY - 2.3%
 
  
  
Industrials - 1.3%
  
  
  
Aerospace & Defense - 1.3%
  
  
  
Rheinmetall AG
 
61,000
80,638,899
Materials - 1.0%
  
  
  
Construction Materials - 1.0%
  
  
  
Heidelberg Materials AG
 
346,700
64,543,417
TOTAL GERMANY
  
  
145,182,316
ITALY - 0.4%
 
  
  
Industrials - 0.4%
  
  
  
Machinery - 0.4%
  
  
  
Interpump Group SpA
 
582,926
23,352,267
JAPAN - 14.9%
 
  
  
Consumer Discretionary - 0.5%
  
  
  
Specialty Retail - 0.5%
  
  
  
USS Co Ltd
 
2,399,400
30,301,730
Financials - 0.2%
  
  
  
Banks - 0.2%
  
  
  
Chiba Bank Ltd/The
 
518,800
8,433,125
Hachijuni Nagano Bank Ltd
 
453,900
7,052,712
TOTAL FINANCIALS
  
  
15,485,837
Health Care - 1.2%
  
  
  
Health Care Equipment & Supplies - 1.2%
  
  
  
Hoya Corp
 
486,000
74,317,674
Industrials - 3.8%
  
  
  
Construction & Engineering - 0.3%
  
  
  
SHO-BOND Holdings Co Ltd
 
2,104,800
17,420,759
Machinery - 3.5%
  
  
  
Komatsu Ltd
 
1,599,200
69,389,705
Mitsubishi Heavy Industries Ltd
 
6,594,700
154,067,611
 
  
  
223,457,316
TOTAL INDUSTRIALS
  
  
240,878,075
Information Technology - 9.2%
  
  
  
Electronic Equipment, Instruments & Components - 2.8%
  
  
  
Azbil Corp
 
6,054,012
62,689,414
Keyence Corp
 
228,748
114,737,029
 
  
  
177,426,443
Semiconductors & Semiconductor Equipment - 6.4%
  
  
  
Advantest Corp
 
1,040,700
205,623,528
Disco Corp
 
316,300
113,056,503
Lasertec Corp
 
398,700
91,594,272
 
  
  
410,274,303
TOTAL INFORMATION TECHNOLOGY
  
  
587,700,746
TOTAL JAPAN
  
  
948,684,062
NETHERLANDS - 10.5%
 
  
  
Consumer Staples - 0.3%
  
  
  
Food Products - 0.3%
  
  
  
Magnum Ice Cream Co NV/The (b)
  
1,106,400
20,663,588
Industrials - 0.2%
  
  
  
Machinery - 0.2%
  
  
  
Aalberts NV
 
232,600
11,415,558
Information Technology - 10.0%
  
  
  
Semiconductors & Semiconductor Equipment - 10.0%
  
  
  
ASML Holding NV
 
365,142
601,734,109
BE Semiconductor Industries NV
 
152,564
34,877,959
TOTAL INFORMATION TECHNOLOGY
  
  
636,612,068
TOTAL NETHERLANDS
  
  
668,691,214
NORWAY - 0.3%
 
  
  
Industrials - 0.3%
  
  
  
Aerospace & Defense - 0.3%
  
  
  
Kongsberg Gruppen ASA
 
551,200
17,226,636
SWEDEN - 10.1%
 
  
  
Consumer Discretionary - 0.4%
  
  
  
Automobile Components - 0.4%
  
  
  
Autoliv Inc (a)
  
232,269
28,608,572
Industrials - 8.9%
  
  
  
Building Products - 2.3%
  
  
  
Assa Abloy AB B Shares
 
3,982,910
147,789,001
Machinery - 5.6%
  
  
  
Atlas Copco AB A Shares
 
8,838,300
186,751,752
Epiroc AB A Shares
 
6,478,417
166,084,808
 
  
  
352,836,560
Trading Companies & Distributors - 1.0%
  
  
  
AddTech AB B Shares
 
1,604,282
58,394,504
Bergman & Beving AB B Shares
 
150,400
4,327,739
 
  
  
62,722,243
TOTAL INDUSTRIALS
  
  
563,347,804
Information Technology - 0.8%
  
  
  
Electronic Equipment, Instruments & Components - 0.8%
  
  
  
Lagercrantz Group AB B Shares
 
2,058,500
48,424,104
TOTAL SWEDEN
  
  
640,380,480
SWITZERLAND - 6.7%
 
  
  
Financials - 3.1%
  
  
  
Capital Markets - 3.1%
  
  
  
UBS Group AG
 
3,762,052
198,002,737
Industrials - 3.6%
  
  
  
Electrical Equipment - 2.7%
  
  
  
ABB Ltd
 
1,753,740
173,022,126
Machinery - 0.9%
  
  
  
Schindler Holding AG
 
14,240
4,359,453
Schindler Holding AG participation certificate
 
172,163
54,218,195
 
  
  
58,577,648
TOTAL INDUSTRIALS
  
  
231,599,774
TOTAL SWITZERLAND
  
  
429,602,511
TAIWAN - 5.0%
 
  
  
Information Technology - 5.0%
  
  
  
Semiconductors & Semiconductor Equipment - 5.0%
  
  
  
Taiwan Semiconductor Manufacturing Co Ltd
 
4,309,000
318,864,368
UNITED KINGDOM - 12.6%
 
  
  
Consumer Discretionary - 2.8%
  
  
  
Hotels, Restaurants & Leisure - 2.1%
  
  
  
Compass Group PLC
 
4,117,900
130,578,609
Leisure Products - 0.7%
  
  
  
Games Workshop Group PLC
 
182,674
47,073,227
TOTAL CONSUMER DISCRETIONARY
  
  
177,651,836
Health Care - 1.7%
  
  
  
Pharmaceuticals - 1.7%
  
  
  
Astrazeneca PLC
 
632,626
107,703,171
Industrials - 8.1%
  
  
  
Aerospace & Defense - 7.4%
  
  
  
BAE Systems PLC
 
7,700,336
217,991,378
Rolls-Royce Holdings PLC
 
12,783,719
255,030,826
 
  
  
473,022,204
Trading Companies & Distributors - 0.7%
  
  
  
Diploma PLC
 
138,884
13,701,643
Howden Joinery Group PLC
 
2,769,000
29,426,187
 
  
  
43,127,830
TOTAL INDUSTRIALS
  
  
516,150,034
TOTAL UNITED KINGDOM
  
  
801,505,041
UNITED STATES - 17.9%
 
  
  
Consumer Discretionary - 2.1%
  
  
  
Hotels, Restaurants & Leisure - 2.1%
  
  
  
InterContinental Hotels Group PLC ADR
 
804,370
130,533,164
Consumer Staples - 0.6%
  
  
  
Consumer Staples Distribution & Retail - 0.6%
  
  
  
PriceSmart Inc (a)
  
204,298
39,615,425
Financials - 0.5%
  
  
  
Financial Services - 0.5%
  
  
  
Mastercard Inc Class A
 
32,600
18,683,060
Visa Inc Class A
 
51,260
18,767,824
TOTAL FINANCIALS
  
  
37,450,884
Industrials - 7.7%
  
  
  
Electrical Equipment - 7.7%
  
  
  
GE Vernova Inc
 
234,700
232,421,063
Schneider Electric SE
 
759,400
255,147,471
TOTAL INDUSTRIALS
  
  
487,568,534
Materials - 7.0%
  
  
  
Chemicals - 2.5%
  
  
  
Linde PLC
 
228,679
109,395,460
Sherwin-Williams Co/The
 
141,311
48,165,854
 
  
  
157,561,314
Construction Materials - 4.5%
  
  
  
CRH PLC
 
1,616,966
153,627,940
Holcim AG
 
1,483,110
134,702,257
 
  
  
288,330,197
TOTAL MATERIALS
  
  
445,891,511
TOTAL UNITED STATES
  
  
1,141,059,518
 
TOTAL COMMON STOCKS
 (Cost $4,643,530,652)
  
  
  
6,200,859,971
 
  
  
  
Convertible Preferred Stocks - 0.5%
 
  
Shares
Value ($)
 
CHINA - 0.3%
 
  
  
Communication Services - 0.3%
  
  
  
Interactive Media & Services - 0.3%
  
  
  
Bytedance Ltd Series E1 (b)(c)(d)
  
63,819
21,090,265
UNITED STATES - 0.2%
 
  
  
Information Technology - 0.2%
  
  
  
Software - 0.2%
  
  
  
Anthropic PBC Series H (c)(d)
  
17,200
10,130,972
 
TOTAL CONVERTIBLE PREFERRED STOCKS
 (Cost $17,123,878)
  
  
  
31,221,237
 
  
  
  
Money Market Funds - 1.9%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (e)
  
3.69
119,925,043
119,949,028
Fidelity Securities Lending Cash Central Fund (e)(f)
  
3.72
2,003,684
2,003,884
 
TOTAL MONEY MARKET FUNDS
 (Cost $121,950,247)
  
  
  
121,952,912
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 99.8%
 (Cost $4,782,604,777)
 
  
 
6,354,034,120
NET OTHER ASSETS (LIABILITIES) - 0.2%  
11,869,347
NET ASSETS - 100.0%
6,365,903,467
 
  
 
Legend
 
(a)
Security or a portion of the security is on loan at period end.
 
(b)
Non-income producing.
 
(c)
Level 3 security.
 
(d)
Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues).  At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $31,221,237 or 0.5% of net assets.
 
(e)
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.
 
(f)
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 $26,027,818.
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
 
Anthropic PBC Series H
5/28/2026
10,130,963
 
  
  
Bytedance Ltd Series E1
11/18/2020
6,992,915
 
  
  
 
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.
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
Fidelity Cash Central Fund
110,621,638
1,897,402,786
1,888,088,134
6,268,700
10,073
2,665
119,949,028
119,925,043
Fidelity Securities Lending Cash Central Fund
50,288,128
290,351,712
338,636,912
131,801
956
-
2,003,884
2,003,684
 
160,909,766
2,187,754,498
2,226,725,046
6,400,501
11,029
2,665
121,952,912
  
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
 
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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