Quarterly Holdings Report
for
Fidelity® Large Cap Value Index Fund
July 31, 2026
LC2-NPRT1-0926
1.9871047.110
Common Stocks - 99.6%
 
 
Shares
Value ($)
 
AUSTRALIA - 0.0%
 
 
 
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
IREN Ltd (b)(c)
 
111,915
4,118,472
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Anglogold Ashanti Plc
 
19,067
1,512,394
TOTAL AUSTRALIA
 
 
5,630,866
BELGIUM - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Liberty Global Ltd Class A (b)
 
67,811
719,475
Liberty Global Ltd Class C (b)
 
49,697
514,861
 
 
 
 
TOTAL BELGIUM
 
 
1,234,336
BERMUDA - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Insurance - 0.0%
 
 
 
RenaissanceRe Holdings Ltd
 
16,493
5,277,430
BRAZIL - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
XP Inc Class A
 
155,103
2,646,057
CANADA - 0.2%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Restaurant Brands International Inc (United States)
 
57,916
4,286,942
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Brookfield Asset Management Ltd Class A (United States)
 
9,958
481,967
Industrials - 0.2%
 
 
 
Commercial Services & Supplies - 0.2%
 
 
 
RB Global Inc (United States)
 
73,463
8,061,830
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Almonty Industries Inc (United States) (b)
 
4,334
47,934
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Brookfield Renewable Corp Class A (United States) (c)
 
53,523
1,784,992
TOTAL CANADA
 
 
14,663,665
DENMARK - 0.0%
 
 
 
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Ascendis Pharma A/S (b)
 
1,078
262,935
FINLAND - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Amer Sports Inc (b)
 
61,394
2,180,101
GERMANY - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Birkenstock Holding Plc (b)(c)
 
15,884
615,028
GRAND CAYMAN (UK OVERSEAS TER) - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Bullish (c)
 
7,743
168,720
GUATEMALA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Millicom International Cellular SA (c)
 
35,714
3,409,973
KAZAKHSTAN - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Freedom Holding Corp/NV (b)(c)
 
1,044
157,926
MEXICO - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Southern Copper Corp
 
28,026
5,120,630
PUERTO RICO - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Popular Inc
 
23,251
4,073,808
UNITED KINGDOM - 0.1%
 
 
 
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.1%
 
 
 
TechnipFMC PLC
 
94,459
6,768,932
UNITED STATES - 99.3%
 
 
 
Communication Services - 3.2%
 
 
 
Diversified Telecommunication Services - 1.2%
 
 
 
AST SpaceMobile Inc Class A (b)(c)
 
6,188
364,968
AT&T Inc
 
2,676,787
62,235,298
Comcast Corp Class A
 
1,400,740
33,561,730
Iridium Communications Inc
 
25,411
1,202,957
Space Exploration Technologies Corp Class A (c)
 
20,051
2,172,927
Verizon Communications Inc
 
1,654,333
77,439,328
 
 
 
176,977,208
Entertainment - 0.8%
 
 
 
Electronic Arts Inc
 
85,367
17,915,119
Liberty Media Corp-Liberty Formula One Class A (b)
 
9,449
848,614
Liberty Media Corp-Liberty Formula One Class C (b)
 
85,721
8,411,802
Madison Square Garden Sports Corp Class A (b)
 
2,929
1,153,089
Roku Inc Class A (b)
 
2,947
427,344
TKO Group Holdings Inc Class A
 
15,051
2,736,422
Walt Disney Co/The
 
701,020
67,431,114
Warner Bros Discovery Inc (b)
 
950,593
25,000,596
 
 
 
123,924,100
Interactive Media & Services - 0.7%
 
 
 
Match Group Inc
 
91,773
3,616,774
Meta Platforms Inc Class A
 
157,945
87,929,561
People Inc Class A (b)
 
25,069
1,042,118
Pinterest Inc Class A (b)
 
193,452
4,644,783
 
 
 
97,233,236
Media - 0.3%
 
 
 
Charter Communications Inc Class A (b)(c)
 
30,916
4,482,202
EchoStar Corp Class A (b)
 
7,416
623,611
Fox Corp Class A
 
78,850
4,591,436
Fox Corp Class B
 
53,931
2,801,176
Liberty Broadband Corp Class A (b)
 
6,745
229,734
Liberty Broadband Corp Class C (b)
 
45,688
1,555,220
New York Times Co/The Class A
 
60,828
4,555,409
News Corp Class A
 
147,352
4,061,021
News Corp Class B
 
47,285
1,478,602
Nexstar Media Group Inc
 
11,253
2,144,034
NIQ Global Intelligence Plc (b)(c)
 
20,712
231,353
Omnicom Group Inc
 
111,853
8,802,832
Sirius XM Holdings Inc (c)
 
69,976
2,072,689
Trade Desk Inc (The) Class A (b)
 
117,135
2,113,115
Versant Media Group Inc Class A
 
55,800
2,008,242
 
 
 
41,750,676
Wireless Telecommunication Services - 0.2%
 
 
 
T-Mobile US Inc
 
192,544
33,254,274
TOTAL COMMUNICATION SERVICES
 
 
473,139,494
Consumer Discretionary - 10.9%
 
 
 
Automobile Components - 0.1%
 
 
 
Aptiv PLC (b)
 
83,614
4,721,683
BorgWarner Inc
 
80,930
5,158,478
Gentex Corp
 
84,063
1,963,712
Lear Corp
 
19,944
2,605,484
QuantumScape Corp Class A (b)(c)
 
198,147
1,034,327
 
 
 
15,483,684
Automobiles - 0.4%
 
 
 
Ford Motor Co
 
1,544,274
22,669,942
General Motors Co
 
356,250
31,656,375
Rivian Automotive Inc Class A (b)(c)
 
302,691
4,606,957
Thor Industries Inc
 
19,875
1,490,029
 
 
 
60,423,303
Broadline Retail - 6.7%
 
 
 
Amazon.com Inc (b)
 
3,512,580
953,946,477
Dillard's Inc Class A
 
1,266
744,838
eBay Inc
 
137,242
15,646,960
Etsy Inc (b)
 
18,691
1,526,681
Macy's Inc
 
104,067
2,582,943
Ollie's Bargain Outlet Holdings Inc (b)
 
23,944
1,759,166
 
 
 
976,207,065
Distributors - 0.0%
 
 
 
Genuine Parts Co
 
54,276
6,750,306
LKQ Corp
 
100,304
2,251,825
Pool Corp
 
12,704
2,359,260
 
 
 
11,361,391
Diversified Consumer Services - 0.1%
 
 
 
ADT Inc
 
222,090
1,696,768
Bright Horizons Family Solutions Inc (b)
 
20,717
1,544,245
Duolingo Inc Class A (b)
 
15,200
2,049,112
Grand Canyon Education Inc (b)
 
7,709
1,120,426
H&R Block Inc
 
42,328
1,863,702
Liberty Live Holdings Inc Class A
 
7,738
732,943
Liberty Live Holdings Inc Class C
 
19,060
1,879,316
Service Corp International/US
 
52,972
4,565,657
 
 
 
15,452,169
Hotels, Restaurants & Leisure - 1.2%
 
 
 
Aramark
 
103,485
5,895,540
Boyd Gaming Corp
 
20,164
1,715,150
Caesars Entertainment Inc (b)
 
79,767
2,373,068
Carnival Corp Ltd
 
503,975
14,015,545
Churchill Downs Inc
 
21,922
1,848,025
Domino's Pizza Inc
 
11,163
3,878,473
Flutter Entertainment PLC (b)(c)
 
55,953
5,845,410
Hyatt Hotels Corp Class A (c)
 
970
168,838
Marriott International Inc/MD Class A1
 
21,795
8,125,830
McDonald's Corp
 
280,608
75,943,750
MGM Resorts International (b)
 
73,490
3,275,449
Norwegian Cruise Line Holdings Ltd (b)
 
180,434
3,343,442
Royal Caribbean Cruises Ltd
 
43,028
13,695,812
Starbucks Corp
 
203,068
21,372,907
Texas Roadhouse Inc
 
17,676
3,631,357
Travel + Leisure Co
 
16,562
1,259,043
Vail Resorts Inc (c)
 
2,580
385,400
Wyndham Hotels & Resorts Inc
 
2,645
198,005
Wynn Resorts Ltd
 
4,490
445,902
Yum! Brands Inc
 
76,578
11,737,876
 
 
 
179,154,822
Household Durables - 0.5%
 
 
 
DR Horton Inc
 
99,303
14,206,287
Garmin Ltd
 
64,915
19,070,729
Lennar Corp Class A
 
81,265
6,692,173
Lennar Corp Class B
 
3,041
245,408
Mohawk Industries Inc (b)
 
19,776
2,434,426
NVR Inc (b)
 
624
3,835,759
PulteGroup Inc
 
74,724
9,450,344
SharkNinja Inc (b)(c)
 
28,172
4,557,384
Somnigroup International Inc
 
67,099
4,383,578
Toll Brothers Inc
 
37,238
5,432,652
Whirlpool Corp (c)
 
24,806
930,225
 
 
 
71,238,965
Leisure Products - 0.0%
 
 
 
Brunswick Corp/DE
 
25,522
2,016,238
Hasbro Inc
 
41,687
3,916,077
Mattel Inc (b)
 
114,022
1,720,592
YETI Holdings Inc (b)
 
29,765
1,456,699
 
 
 
9,109,606
Specialty Retail - 1.6%
 
 
 
AutoNation Inc (b)
 
9,727
2,066,015
AutoZone Inc (b)
 
5,622
16,957,358
Bath & Body Works Inc
 
79,416
1,597,850
Best Buy Co Inc
 
77,756
6,707,233
CarMax Inc (b)
 
55,900
3,200,834
Dick's Sporting Goods Inc
 
24,955
4,888,934
Five Below Inc (b)
 
12,879
2,796,417
Floor & Decor Holdings Inc Class A (b)
 
42,068
2,421,855
GameStop Corp Class A (b)(c)
 
161,815
3,514,622
Gap Inc/The
 
87,845
1,764,806
Home Depot Inc/The
 
102,411
33,996,356
Lithia Motors Inc
 
8,869
3,418,290
Lowe's Cos Inc
 
221,527
46,035,526
O'Reilly Automotive Inc (b)
 
327,921
29,299,741
Penske Automotive Group Inc
 
6,964
1,513,347
Ross Stores Inc
 
16,008
4,019,129
TJX Cos Inc/The
 
237,592
37,382,725
Tractor Supply Co
 
207,724
6,391,667
Ulta Beauty Inc (b)
 
13,410
6,877,050
Valvoline Inc (b)
 
5,242
201,344
Wayfair Inc Class A (b)
 
41,112
3,490,409
Williams-Sonoma Inc
 
40,202
9,192,589
 
 
 
227,734,097
Textiles, Apparel & Luxury Goods - 0.3%
 
 
 
Columbia Sportswear Co
 
8,520
505,917
Crocs Inc (b)
 
19,099
2,444,863
Deckers Outdoor Corp (b)
 
51,262
4,966,263
Lululemon Athletica Inc (b)
 
39,409
4,684,548
NIKE Inc Class B
 
466,305
19,449,582
PVH Corp
 
17,923
1,553,207
Ralph Lauren Corp Class A
 
5,333
2,028,353
VF Corp
 
138,744
1,986,814
 
 
 
37,619,547
TOTAL CONSUMER DISCRETIONARY
 
 
1,603,784,649
Consumer Staples - 7.3%
 
 
 
Beverages - 1.6%
 
 
 
Brown-Forman Corp Class A
 
17,057
498,406
Brown-Forman Corp Class B
 
53,107
1,525,764
Coca-Cola Co/The
 
1,359,389
119,068,884
Coca-Cola Consolidated Inc
 
19,737
3,708,582
Constellation Brands Inc Class A
 
54,542
7,103,005
Keurig Dr Pepper Inc
 
511,985
15,932,973
Molson Coors Beverage Co Class B
 
60,488
2,513,881
Monster Beverage Corp (b)
 
150,572
14,512,129
PepsiCo Inc
 
475,524
66,364,129
Primo Brands Corp Class A
 
96,412
2,188,552
 
 
 
233,416,305
Consumer Staples Distribution & Retail - 2.5%
 
 
 
Albertsons Cos Inc Class A
 
131,044
1,517,490
BJ's Wholesale Club Holdings Inc (b)
 
50,990
4,985,802
Casey's General Stores Inc
 
1,688
1,470,248
Costco Wholesale Corp
 
98,658
93,911,564
Dollar General Corp
 
86,912
11,042,170
Dollar Tree Inc (b)
 
73,207
9,312,662
Kroger Co/The
 
220,208
12,714,810
Maplebear Inc (b)
 
32,319
1,441,427
Performance Food Group Co (b)
 
59,425
6,797,626
Sprouts Farmers Market Inc (b)
 
36,978
3,223,002
Sysco Corp
 
99,190
8,454,956
Target Corp
 
179,342
25,913,126
US Foods Holding Corp (b)
 
86,629
8,714,011
Walmart Inc
 
1,585,444
176,301,373
 
 
 
365,800,267
Food Products - 0.8%
 
 
 
Archer-Daniels-Midland Co
 
189,506
15,022,141
Bunge Global SA
 
52,456
5,572,401
Campbell's Company/The (c)
 
78,355
1,722,243
Conagra Brands Inc
 
188,238
2,731,333
Darling Ingredients Inc (b)
 
61,850
3,750,584
Freshpet Inc (b)
 
19,118
1,138,286
General Mills Inc
 
210,687
7,532,060
Hershey Co/The
 
51,751
9,059,013
Hormel Foods Corp
 
114,468
2,862,845
Ingredion Inc
 
24,724
2,459,049
JBS NV Class A
 
128,936
1,807,683
JM Smucker Co
 
41,283
4,923,411
Kraft Heinz Co/The
 
337,872
8,733,991
Lamb Weston Holdings Inc
 
52,109
2,738,328
McCormick & Co Inc/MD
 
100,574
5,119,217
Mondelez International Inc
 
507,246
31,606,498
Pilgrim's Pride Corp
 
16,816
460,085
Post Holdings Inc (b)
 
16,066
1,468,593
Seaboard Corp
 
96
423,672
Smithfield Foods Inc
 
18,072
470,595
Tyson Foods Inc Class A
 
108,769
6,304,251
 
 
 
115,906,279
Household Products - 1.2%
 
 
 
Church & Dwight Co Inc
 
93,565
9,245,158
Clorox Co/The
 
47,584
4,545,700
Colgate-Palmolive Co
 
178,903
16,333,844
Kimberly-Clark Corp
 
88,543
9,678,635
Procter & Gamble Co/The
 
921,392
133,131,930
Reynolds Consumer Products Inc
 
21,620
539,202
 
 
 
173,474,469
Personal Care Products - 0.1%
 
 
 
elf Beauty Inc (b)(c)
 
22,811
1,890,804
Estee Lauder Cos Inc/The Class A
 
80,039
6,715,272
Kenvue Inc
 
749,030
14,411,337
 
 
 
23,017,413
Tobacco - 1.1%
 
 
 
Altria Group Inc
 
660,430
45,127,182
Philip Morris International Inc
 
616,187
117,580,803
 
 
 
162,707,985
TOTAL CONSUMER STAPLES
 
 
1,074,322,718
Energy - 5.9%
 
 
 
Energy Equipment & Services - 0.5%
 
 
 
Baker Hughes Co Class A
 
392,277
23,728,836
Halliburton Co
 
329,170
10,615,733
NOV Inc
 
141,077
2,741,126
SLB Ltd
 
590,764
29,295,987
Weatherford International PLC
 
27,880
2,447,584
 
 
 
68,829,266
Oil, Gas & Consumable Fuels - 5.4%
 
 
 
Antero Midstream Corp
 
130,371
2,864,251
Antero Resources Corp (b)
 
117,241
4,237,090
APA Corp
 
139,302
5,198,751
Cheniere Energy Inc
 
77,131
20,329,418
Chevron Corp
 
733,079
144,291,940
Chord Energy Corp
 
22,240
3,122,051
ConocoPhillips
 
481,865
58,055,095
Devon Energy Corp
 
445,354
20,098,826
Diamondback Energy Inc
 
75,676
15,358,444
DT Midstream Inc
 
40,175
5,544,150
EOG Resources Inc
 
211,576
31,459,235
EQT Corp
 
238,344
12,701,352
Expand Energy Corp
 
89,851
8,448,690
ExxonMobil Holdings Corp
 
1,644,379
255,602,272
HF Sinclair Corp
 
61,138
5,592,293
Kinder Morgan Inc
 
768,341
24,725,213
Marathon Petroleum Corp
 
56,941
18,020,118
Matador Resources Co
 
41,539
2,072,381
Occidental Petroleum Corp
 
286,511
16,351,183
ONEOK Inc
 
249,042
22,615,504
Ovintiv Inc
 
111,702
6,976,907
Permian Resources Holdings Inc/DE Class A
 
273,858
5,835,914
Phillips 66
 
148,708
31,478,509
Range Resources Corp
 
92,116
3,697,536
Valero Energy Corp
 
102,841
32,178,949
Viper Energy Inc Class A
 
74,809
3,337,229
Williams Cos Inc/The
 
481,753
34,464,610
 
 
 
794,657,911
TOTAL ENERGY
 
 
863,487,177
Financials - 19.4%
 
 
 
Banks - 6.6%
 
 
 
Bank of America Corp
 
2,435,185
150,859,711
Bank OZK
 
40,590
2,082,267
BOK Financial Corp
 
7,456
1,053,458
Central BanCo Inc
 
7,773
254,954
Citigroup Inc
 
568,805
75,338,222
Citizens Financial Group Inc
 
166,927
11,960,320
Columbia Banking System Inc
 
113,891
3,561,372
Commerce Bancshares Inc/MO
 
53,481
3,169,819
Cullen/Frost Bankers Inc
 
23,321
3,879,215
East West Bancorp Inc
 
53,721
7,037,451
Fifth Third Bancorp
 
357,323
20,188,750
First Citizens BancShares Inc/NC Class A
 
3,163
6,916,374
First Hawaiian Inc
 
47,835
1,329,335
First Horizon Corp
 
187,090
4,796,988
FNB Corp/PA
 
138,699
2,621,411
Huntington Bancshares Inc/OH
 
795,843
13,561,165
JPMorgan Chase & Co
 
1,056,483
371,660,156
KeyCorp
 
365,894
8,265,545
M&T Bank Corp
 
57,984
14,280,879
Pinnacle Financial Partners Inc
 
55,473
5,837,424
PNC Financial Services Group Inc/The
 
158,670
39,646,873
Prosperity Bancshares Inc
 
45,469
3,404,264
Regions Financial Corp
 
337,359
10,441,261
SOUTHSTATE BANK CORP
 
38,305
4,025,472
TFS Financial Corp (c)
 
20,545
378,233
Truist Financial Corp
 
492,516
25,532,029
US Bancorp
 
614,928
38,746,613
Webster Financial Corp
 
63,705
4,919,300
Wells Fargo & Co
 
1,210,402
104,639,253
Western Alliance Bancorp
 
34,188
2,751,792
Wintrust Financial Corp
 
26,210
4,181,543
Zions Bancorp NA
 
57,311
3,994,577
 
 
 
951,316,026
Capital Markets - 5.1%
 
 
 
Affiliated Managers Group Inc
 
10,082
3,697,372
Ameriprise Financial Inc
 
32,820
17,914,469
Bank of New York Mellon Corp/The
 
254,173
39,734,865
Blackrock Inc
 
60,334
65,787,590
Blackstone Inc
 
61,639
7,874,382
Blue Owl Capital Inc Class A
 
260,058
2,678,597
Carlyle Group Inc/The
 
104,836
4,824,553
Cboe Global Markets Inc
 
41,389
12,840,109
Charles Schwab Corp/The
 
597,382
62,868,482
CME Group Inc Class A
 
142,772
38,232,914
Coinbase Global Inc Class A (b)
 
86,795
12,694,637
Evercore Inc Class A
 
14,494
4,646,197
FactSet Research Systems Inc
 
14,305
3,765,076
Franklin Resources Inc
 
105,909
3,586,079
Galaxy Digital Inc Class A (b)(c)
 
73,858
1,551,757
Goldman Sachs Group Inc/The
 
113,941
116,035,236
Hamilton Lane Inc Class A
 
15,547
1,382,284
Houlihan Lokey Inc Class A
 
21,531
2,701,925
Interactive Brokers Group Inc Class A
 
103,015
9,064,290
Intercontinental Exchange Inc
 
222,053
33,858,641
Invesco Ltd
 
142,177
4,208,439
Jefferies Financial Group Inc
 
59,893
3,270,158
KKR & Co Inc Class A
 
211,638
21,466,442
Lazard Inc
 
30,641
1,298,566
LPL Financial Holdings Inc
 
20,364
7,202,747
MarketAxess Holdings Inc
 
13,815
2,242,175
Moody's Corp
 
31,869
15,245,492
Morgan Stanley
 
442,837
93,181,762
Morningstar Inc
 
7,186
1,383,808
MSCI Inc
 
26,347
15,076,807
Nasdaq Inc
 
176,591
16,633,106
Northern Trust Corp
 
68,830
12,540,138
Raymond James Financial Inc
 
69,826
12,287,979
Robinhood Markets Inc Class A (b)
 
52,188
4,517,393
S&P Global Inc
 
116,808
48,116,719
SEI Investments Co
 
40,182
4,137,942
State Street Corp
 
105,696
19,464,975
Stifel Financial Corp
 
58,889
4,882,487
T Rowe Price Group Inc
 
83,214
9,299,165
TPG Inc Class A
 
57,327
2,502,897
Tradeweb Markets Inc Class A
 
42,523
4,273,562
Virtu Financial Inc Class A
 
32,658
1,918,004
 
 
 
750,890,218
Consumer Finance - 0.9%
 
 
 
Ally Financial Inc
 
98,206
4,255,266
American Express Co
 
148,705
50,002,056
Capital One Financial Corp
 
246,327
51,484,806
Credit Acceptance Corp (b)
 
1,301
740,152
Figure Technology Solutions Inc Class A
 
30,046
748,446
OneMain Holdings Inc
 
45,595
2,853,335
SLM Corp
 
73,620
1,913,752
SoFi Technologies Inc Class A (b)(c)
 
439,683
7,171,230
Synchrony Financial
 
132,696
10,057,030
 
 
 
129,226,073
Financial Services - 3.4%
 
 
 
Apollo Global Management Inc
 
165,886
20,833,623
Berkshire Hathaway Inc Class B (b)
 
735,823
376,402,897
Block Inc Class A (b)
 
205,725
16,713,099
Chime Financial Inc Class A (b)
 
97,337
2,237,778
Corebridge Financial Inc
 
97,245
3,033,072
Corpay Inc (b)
 
15,870
6,064,086
Equitable Holdings Inc
 
51,200
2,439,680
Euronet Worldwide Inc (b)
 
13,931
993,698
Fidelity National Information Services Inc
 
204,439
9,152,734
Fiserv Inc (b)
 
209,520
11,301,509
Global Payments Inc
 
90,886
7,641,695
Jack Henry & Associates Inc
 
28,411
4,376,430
MGIC Investment Corp
 
82,037
2,464,391
PayPal Holdings Inc
 
353,908
20,247,077
Rocket Cos Inc Class A (b)
 
382,733
4,937,256
Shift4 Payments Inc Class A (b)(c)
 
13,777
730,181
UWM Holdings Corp Class A (c)
 
99,904
181,824
Voya Financial Inc
 
36,442
3,623,428
Western Union Co/The (c)
 
122,546
779,393
WEX Inc (b)
 
12,570
2,350,087
 
 
 
496,503,938
Insurance - 3.3%
 
 
 
AFLAC Inc
 
179,903
22,934,034
Allstate Corp/The
 
101,352
26,765,036
American Financial Group Inc/OH
 
26,177
3,709,804
American International Group Inc
 
210,521
16,542,740
Aon PLC
 
82,228
29,647,305
Arch Capital Group Ltd (b)
 
137,355
13,808,298
Arthur J Gallagher & Co
 
100,736
25,125,573
Assurant Inc
 
19,561
5,461,236
Assured Guaranty Ltd
 
16,525
1,366,948
Axis Capital Holdings Ltd
 
28,940
3,047,961
Brighthouse Financial Inc (b)
 
22,445
1,389,570
Brown & Brown Inc
 
116,551
8,205,190
Chubb Ltd
 
139,034
48,756,443
Cincinnati Financial Corp
 
60,144
10,686,386
CNA Financial Corp
 
7,848
411,785
Everest Group Ltd
 
15,629
5,847,590
Fidelity National Financial Inc
 
100,510
5,185,311
First American Financial Corp
 
38,526
2,889,065
Globe Life Inc
 
30,840
5,620,590
Hanover Insurance Group Inc/The
 
13,725
3,192,847
Hartford Insurance Group Inc/The
 
108,142
15,346,431
Kinsale Capital Group Inc
 
8,630
3,075,905
Lincoln National Corp
 
67,857
3,094,958
Loews Corp
 
66,059
7,663,505
Markel Group Inc (b)
 
4,884
9,193,349
Marsh & McLennan Cos Inc
 
190,560
36,147,326
MetLife Inc
 
213,512
20,524,909
Old Republic International Corp
 
89,037
3,847,289
Primerica Inc
 
12,363
3,955,665
Principal Financial Group Inc
 
84,558
9,614,245
Progressive Corp/The
 
230,814
48,798,696
Prudential Financial Inc
 
137,466
16,781,849
Reinsurance Group of America Inc
 
25,865
6,126,125
RLI Corp
 
32,335
1,980,195
Ryan Specialty Holdings Inc Class A
 
37,396
1,651,407
Travelers Companies Inc/The
 
83,773
31,361,260
Unum Group
 
62,580
5,388,764
W R Berkley Corp
 
89,632
6,501,905
White Mountains Insurance Group Ltd
 
950
1,992,844
Willis Towers Watson PLC
 
37,277
12,522,090
 
 
 
486,162,429
Mortgage Real Estate Investment Trusts (REITs) - 0.1%
 
 
 
AGNC Investment Corp
 
452,668
4,825,441
Annaly Capital Management Inc
 
289,933
6,587,278
Rithm Capital Corp
 
219,657
2,170,210
Starwood Property Trust Inc
 
138,124
2,207,222
 
 
 
15,790,151
TOTAL FINANCIALS
 
 
2,829,888,835
Health Care - 12.6%
 
 
 
Biotechnology - 2.6%
 
 
 
AbbVie Inc
 
643,747
161,541,872
Amgen Inc
 
62,404
24,035,525
Arrowhead Pharmaceuticals Inc (b)
 
19,798
1,675,901
Biogen Inc (b)
 
58,227
11,817,170
BioMarin Pharmaceutical Inc (b)
 
75,747
4,546,335
Bridgebio Pharma Inc (b)
 
3,713
297,374
Caris Life Sciences Inc (b)
 
5,049
79,117
Exelixis Inc (b)
 
73,349
3,889,697
Gilead Sciences Inc
 
490,865
63,915,532
Incyte Corp (b)
 
65,471
7,825,094
Ionis Pharmaceuticals Inc (b)
 
3,628
187,821
Moderna Inc (b)
 
143,762
7,881,033
Neurocrine Biosciences Inc (b)
 
5,454
909,727
Regeneron Pharmaceuticals Inc
 
39,935
30,455,629
Roivant Sciences Ltd (b)
 
193,311
6,555,176
United Therapeutics Corp (b)
 
16,360
8,469,736
Vertex Pharmaceuticals Inc (b)
 
100,456
47,927,558
Viking Therapeutics Inc (b)
 
41,701
1,323,590
 
 
 
383,333,887
Health Care Equipment & Supplies - 2.1%
 
 
 
Abbott Laboratories
 
684,692
72,371,945
Align Technology Inc (b)
 
26,428
4,470,560
Baxter International Inc
 
202,974
5,309,800
Becton Dickinson & Co
 
112,313
18,601,279
Boston Scientific Corp (b)
 
585,876
27,377,985
Cooper Cos Inc/The (b)
 
76,803
5,554,393
Edwards Lifesciences Corp (b)
 
225,216
19,384,341
Envista Holdings Corp (b)
 
63,977
1,747,212
GE HealthCare Technologies Inc
 
179,452
12,206,325
Globus Medical Inc Class A (b)
 
44,287
3,489,373
IDEXX Laboratories Inc (b)
 
4,994
2,791,996
Medline Inc Class A (c)
 
177,237
6,961,869
Medtronic PLC
 
506,816
43,277,018
ResMed Inc
 
57,407
12,111,729
Solventum Corp (b)
 
58,370
4,987,133
STERIS PLC
 
38,680
8,834,512
Stryker Corp
 
136,641
44,503,974
Teleflex Inc
 
17,441
2,384,359
Zimmer Biomet Holdings Inc
 
76,495
7,185,175
 
 
 
303,550,978
Health Care Providers & Services - 2.6%
 
 
 
Cardinal Health Inc
 
50,154
11,536,925
Centene Corp (b)
 
179,252
11,153,059
Chemed Corp
 
5,144
2,737,894
Cigna Group/The
 
103,170
28,789,589
CVS Health Corp
 
507,114
52,957,915
DaVita Inc (b)
 
12,053
2,893,805
Elevance Health Inc
 
85,781
32,239,931
Encompass Health Corp
 
38,874
4,317,735
Ensign Group Inc/The
 
22,321
3,976,709
Guardant Health Inc (b)
 
5,628
911,680
HCA Healthcare Inc
 
59,009
23,756,433
Henry Schein Inc (b)
 
38,947
3,339,705
Humana Inc
 
47,454
17,266,612
Labcorp Holdings Inc
 
32,412
10,021,790
McKesson Corp
 
3,033
2,596,824
Molina Healthcare Inc (b)
 
20,333
3,977,541
Quest Diagnostics Inc
 
43,629
10,165,993
Tenet Healthcare Corp (b)
 
33,743
8,597,042
UnitedHealth Group Inc
 
356,789
147,853,363
Universal Health Services Inc Class B
 
20,113
3,387,834
 
 
 
382,478,379
Health Care Technology - 0.1%
 
 
 
Doximity Inc Class A (b)
 
51,419
1,075,170
Veeva Systems Inc Class A (b)
 
58,946
12,012,016
 
 
 
13,087,186
Life Sciences Tools & Services - 1.7%
 
 
 
Agilent Technologies Inc
 
111,593
15,441,123
Avantor Inc (b)
 
260,359
3,587,747
Bio-Rad Laboratories Inc Class A (b)
 
7,171
2,334,017
Bio-Techne Corp
 
61,779
4,453,648
Bruker Corp
 
43,807
2,752,832
Charles River Laboratories International Inc (b)
 
19,368
4,503,254
Danaher Corp
 
249,688
48,684,166
Illumina Inc (b)
 
60,027
12,311,538
IQVIA Holdings Inc (b)
 
65,748
15,452,095
Mettler-Toledo International Inc (b)
 
7,984
11,307,739
QIAGEN NV
 
81,223
3,362,632
Repligen Corp (b)
 
21,029
2,965,299
Revvity Inc
 
44,107
4,962,920
Sotera Health Co (b)
 
110,318
1,970,279
Thermo Fisher Scientific Inc
 
146,902
84,365,820
Waters Corp (b)
 
38,836
14,653,211
West Pharmaceutical Services Inc
 
27,626
9,419,361
 
 
 
242,527,681
Pharmaceuticals - 3.5%
 
 
 
Bristol-Myers Squibb Co
 
806,899
52,698,574
Elanco Animal Health Inc (b)
 
195,210
5,147,688
Jazz Pharmaceuticals PLC (b)
 
23,563
5,958,140
Johnson & Johnson
 
952,086
244,067,246
Merck & Co Inc
 
977,522
127,273,364
Organon & Co
 
103,498
1,402,398
Pfizer Inc
 
2,249,821
56,268,023
Royalty Pharma PLC Class A
 
163,459
9,550,909
Viatris Inc
 
459,176
8,063,131
Zoetis Inc Class A
 
35,379
2,734,443
 
 
 
513,163,916
TOTAL HEALTH CARE
 
 
1,838,142,027
Industrials - 10.9%
 
 
 
Aerospace & Defense - 2.0%
 
 
 
AeroVironment Inc (b)(c)
 
15,052
2,248,317
Boeing Co (b)
 
105,881
22,885,119
BWX Technologies Inc
 
1,868
315,132
Curtiss-Wright Corp
 
7,129
5,161,396
General Dynamics Corp
 
101,112
38,768,363
Hexcel Corp
 
24,406
2,512,598
Honeywell Aerospace Inc
 
125,388
25,922,715
Huntington Ingalls Industries Inc
 
15,478
5,052,793
Kratos Defense & Security Solutions Inc (b)
 
68,083
3,172,668
L3Harris Technologies Inc
 
73,506
20,365,572
Leonardo DRS Inc
 
29,893
1,376,573
Loar Holdings Inc (b)(c)
 
17,432
1,193,220
Northrop Grumman Corp
 
52,785
28,634,807
RTX Corp
 
532,973
114,706,450
StandardAero Inc (b)
 
90,168
2,642,824
Textron Inc
 
68,371
5,829,311
TransDigm Group Inc
 
10,963
13,751,768
 
 
 
294,539,626
Air Freight & Logistics - 0.5%
 
 
 
CH Robinson Worldwide Inc
 
3,605
532,566
Expeditors International of Washington Inc
 
52,340
8,787,363
FedEx Corp
 
86,505
26,591,637
GXO Logistics Inc (b)
 
45,097
2,262,065
United Parcel Service Inc Class B
 
295,089
30,754,176
 
 
 
68,927,807
Building Products - 0.7%
 
 
 
A O Smith Corp
 
44,143
2,654,319
Advanced Drainage Systems Inc
 
28,718
3,976,869
Allegion plc
 
33,615
5,291,001
Armstrong World Industries Inc
 
12,369
2,160,370
Builders FirstSource Inc (b)
 
41,390
2,749,952
Carlisle Cos Inc
 
14,238
5,124,541
Carrier Global Corp
 
308,534
19,070,487
Fortune Brands Innovations Inc
 
45,802
2,256,207
Hayward Holdings Inc (b)
 
82,354
1,246,015
Johnson Controls International plc
 
226,384
33,201,477
Lennox International Inc
 
8,791
3,656,001
Louisiana-Pacific Corp
 
25,053
1,814,589
Masco Corp
 
79,701
5,697,027
Owens Corning
 
31,478
4,372,294
Simpson Manufacturing Co Inc
 
16,254
3,051,526
Trex Co Inc (b)
 
40,728
1,765,965
 
 
 
98,088,640
Commercial Services & Supplies - 0.5%
 
 
 
Clean Harbors Inc (b)
 
16,289
5,096,502
Copart Inc (b)
 
348,472
10,147,505
GFL Environmental Inc Subordinate Voting Shares (United States)
 
102,743
4,245,341
MSA Safety Inc
 
14,372
2,734,560
Republic Services Inc
 
78,620
16,553,441
Tetra Tech Inc
 
102,697
3,405,433
Veralto Corp
 
96,979
9,132,512
Waste Management Inc
 
107,473
24,348,008
 
 
 
75,663,302
Construction & Engineering - 0.1%
 
 
 
AECOM
 
50,922
3,686,244
API Group Corp (b)
 
150,649
5,977,752
Dycom Industries Inc (b)
 
7,056
2,829,950
Everus Construction Group Inc (b)
 
2,760
346,187
Primoris Services Corp
 
20,096
1,696,303
Valmont Industries Inc
 
7,484
3,605,043
WillScot Holdings Corp
 
69,767
1,693,943
 
 
 
19,835,422
Electrical Equipment - 1.0%
 
 
 
Acuity Inc
 
11,947
3,923,275
AMETEK Inc
 
90,371
21,843,574
Eaton Corp PLC
 
129,812
53,897,943
Emerson Electric Co
 
221,993
33,258,992
Generac Holdings Inc (b)
 
22,866
4,507,117
Hubbell Inc
 
20,928
9,889,526
Nextpower Inc Class A (b)
 
58,476
5,255,238
nVent Electric PLC
 
37,581
5,781,085
Regal Rexnord Corp
 
26,205
5,378,052
Rockwell Automation Inc
 
7,844
3,765,748
Sensata Technologies Holding PLC
 
57,102
2,643,252
X-Energy Inc Class A (c)
 
16,527
269,555
 
 
 
150,413,357
Ground Transportation - 1.5%
 
 
 
Avis Budget Group Inc (b)(c)
 
4,775
656,276
CSX Corp
 
733,750
36,981,000
Fedex Freight Holding Co Inc
 
43,252
6,078,204
JB Hunt Transport Services Inc
 
29,703
8,071,790
Knight-Swift Transportation Holdings Inc
 
62,455
4,342,496
Landstar System Inc
 
8,997
1,572,406
Lyft Inc Class A (b)
 
128,432
2,036,932
Norfolk Southern Corp
 
88,878
29,816,791
Old Dominion Freight Line Inc
 
58,461
12,401,917
Ryder System Inc
 
14,822
3,800,657
Saia Inc (b)
 
10,539
3,663,673
Schneider National Inc Class B
 
20,352
727,380
U-Haul Holding Co (b)(c)
 
2,852
202,235
U-Haul Holding Co Class N
 
37,960
2,375,537
Uber Technologies Inc (b)
 
697,759
49,094,323
Union Pacific Corp
 
218,630
63,868,382
 
 
 
225,689,999
Industrial Conglomerates - 0.4%
 
 
 
3M Co
 
177,556
31,299,572
Honeywell International Inc
 
125,388
30,475,553
 
 
 
61,775,125
Machinery - 2.5%
 
 
 
AGCO Corp
 
23,633
2,414,347
Allison Transmission Holdings Inc
 
27,910
3,196,811
CNH Industrial NV Class A
 
344,014
3,526,144
Crane Co
 
19,554
4,173,997
Cummins Inc
 
29,831
18,918,820
Deere & Co
 
97,549
57,814,367
Donaldson Co Inc
 
45,577
4,295,176
Dover Corp
 
52,658
10,774,880
Esab Corp (c)
 
22,551
1,951,338
Flowserve Corp
 
50,304
3,822,601
Fortive Corp
 
120,239
7,119,351
Gates Industrial Corp Ltd
 
98,704
2,761,738
Graco Inc
 
65,203
5,175,814
IDEX Corp
 
29,252
6,741,123
Illinois Tool Works Inc
 
80,620
23,133,910
Ingersoll Rand Inc
 
154,635
12,893,466
ITT Inc
 
35,226
6,903,591
Lincoln Electric Holdings Inc
 
16,078
4,201,342
Middleby Corp/The (b)
 
17,118
2,286,622
Midera Food Processing Inc
 
17,060
818,027
Mueller Industries Inc
 
85,740
5,693,993
Nordson Corp
 
20,842
6,206,331
Oshkosh Corp
 
24,608
3,504,425
Otis Worldwide Corp
 
151,796
10,921,722
PACCAR Inc
 
204,113
27,081,714
Parker-Hannifin Corp
 
49,878
48,707,364
Pentair PLC
 
63,312
4,143,137
RBC Bearings Inc (b)
 
10,141
5,590,835
Snap-on Inc
 
20,028
8,219,691
SPX Technologies Inc (b)
 
19,214
4,219,779
Stanley Black & Decker Inc
 
61,379
5,805,226
Timken Co/The
 
25,435
3,498,584
Toro Co/The
 
37,743
3,467,449
Watts Water Technologies Inc Class A
 
10,763
3,721,738
Westinghouse Air Brake Technologies Corp
 
66,663
19,389,600
Xylem Inc/NY
 
93,736
10,964,300
 
 
 
354,059,353
Marine Transportation - 0.0%
 
 
 
Kirby Corp (b)
 
21,050
2,760,497
Passenger Airlines - 0.3%
 
 
 
Alaska Air Group Inc (b)
 
37,254
1,767,702
Delta Air Lines Inc
 
242,884
21,237,777
Southwest Airlines Co
 
165,461
7,440,781
United Airlines Holdings Inc (b)
 
120,121
14,574,281
 
 
 
45,020,541
Professional Services - 0.8%
 
 
 
Amentum Holdings Inc (b)
 
60,275
1,338,104
Automatic Data Processing Inc
 
100,171
26,691,565
Booz Allen Hamilton Holding Corp Class A
 
36,673
2,556,842
Broadridge Financial Solutions Inc
 
45,560
7,013,962
CACI International Inc (b)
 
8,637
4,299,067
Equifax Inc
 
46,827
8,083,277
ExlService Holdings Inc (b)
 
49,524
1,680,348
FTI Consulting Inc (b)
 
11,721
1,868,093
Genpact Ltd
 
61,315
2,156,449
Jacobs Solutions Inc
 
46,175
6,230,393
KBR Inc
 
49,575
1,814,941
Leidos Holdings Inc
 
49,512
5,723,587
Mobility Global Inc
 
116,803
2,380,445
Parsons Corp (b)
 
14,629
646,747
Paychex Inc
 
127,182
14,859,945
Paycom Software Inc
 
16,177
2,652,381
Paylocity Holding Corp (b)
 
15,974
2,202,735
Robert Half Inc (c)
 
38,960
1,472,687
Science Applications International Corp
 
16,935
1,983,597
SS&C Technologies Holdings Inc
 
81,939
6,313,400
TransUnion
 
76,056
5,979,523
UL Solutions Inc Class A
 
19,818
1,816,122
Verisk Analytics Inc
 
51,730
10,079,591
 
 
 
119,843,801
Trading Companies & Distributors - 0.6%
 
 
 
Applied Industrial Technologies Inc
 
14,522
5,013,140
Core & Main Inc Class A (b)
 
74,035
3,255,319
Fastenal Co
 
82,742
3,947,621
Ferguson Enterprises Inc
 
71,796
16,823,957
MSC Industrial Direct Co Inc Class A
 
17,898
2,208,613
QXO Inc (b)(c)
 
379,332
5,045,116
SiteOne Landscape Supply Inc (b)
 
17,220
1,626,256
Sunbelt Rentals Holdings Inc
 
162,074
11,656,362
United Rentals Inc
 
18,985
20,489,751
Watsco Inc
 
13,802
4,268,959
Wesco International Inc
 
18,898
6,491,274
WW Grainger Inc
 
2,428
3,356,030
 
 
 
84,182,398
TOTAL INDUSTRIALS
 
 
1,600,799,868
Information Technology - 18.3%
 
 
 
Communications Equipment - 1.4%
 
 
 
Cisco Systems Inc
 
1,561,103
181,072,337
F5 Inc (b)
 
22,349
8,997,037
Motorola Solutions Inc
 
40,669
17,721,517
 
 
 
207,790,891
Electronic Equipment, Instruments & Components - 0.7%
 
 
 
Advanced Energy Industries Inc
 
777
224,956
Arrow Electronics Inc (b)
 
20,104
4,353,923
Avnet Inc
 
32,048
2,847,144
CDW Corp/DE
 
50,475
7,460,710
Cognex Corp
 
65,909
4,299,903
Coherent Corp (b)
 
55,419
14,569,101
Flex Ltd (b)
 
144,690
16,458,488
Ingram Micro Holding Corp
 
17,451
492,293
IPG Photonics Corp (b)
 
10,142
862,679
Keysight Technologies Inc (b)
 
28,999
9,253,001
Littelfuse Inc
 
9,818
4,340,832
Ralliant Corp
 
44,239
2,891,903
Sanmina Corp (b)
 
13,564
2,516,936
TD SYNNEX Corp
 
30,245
7,733,647
Teledyne Technologies Inc (b)
 
18,190
11,924,818
TTM Technologies Inc (b)
 
5,539
639,422
Vontier Corp
 
55,384
1,779,488
Zebra Technologies Corp Class A (b)
 
18,948
5,567,301
 
 
 
98,216,545
IT Services - 1.2%
 
 
 
Accenture PLC Class A
 
242,503
40,236,098
Akamai Technologies Inc (b)(c)
 
56,943
6,558,695
Amdocs Ltd
 
41,758
2,326,756
Applied Digital Corp (b)(c)
 
100,631
2,756,283
Cognizant Technology Solutions Corp Class A
 
187,446
10,375,136
EPAM Systems Inc (b)
 
20,117
2,123,550
IBM Corporation
 
371,750
83,141,888
Kyndryl Holdings Inc (b)
 
83,018
1,124,893
MongoDB Inc Class A (b)
 
2,759
931,106
Okta Inc Class A (b)
 
66,578
9,449,416
Twilio Inc Class A (b)
 
49,768
9,821,715
VeriSign Inc
 
32,228
9,346,765
 
 
 
178,192,301
Semiconductors & Semiconductor Equipment - 2.4%
 
 
 
Amkor Technology Inc
 
49,259
2,456,546
Analog Devices Inc
 
179,197
65,838,770
Cirrus Logic Inc (b)
 
20,070
2,596,055
Enphase Energy Inc (b)
 
50,599
1,899,486
Entegris Inc
 
51,577
6,140,242
First Solar Inc (b)
 
38,131
8,046,785
GlobalFoundries Inc
 
49,828
2,490,902
Intel Corp (b)
 
1,732,707
156,290,171
MKS Inc
 
24,224
7,205,429
ON Semiconductor Corp (b)
 
147,131
12,007,361
Onto Innovation Inc (b)
 
15,767
4,077,031
Qnity Electronics Inc
 
82,842
10,867,214
Qorvo Inc (b)
 
33,292
3,015,256
QUALCOMM Inc
 
416,865
61,533,443
Skyworks Solutions Inc (c)
 
59,324
3,694,699
Universal Display Corp
 
17,018
1,364,162
 
 
 
349,523,552
Software - 6.4%
 
 
 
Adobe Inc (b)
 
48,427
12,126,605
Aurora Innovation Inc Class A (b)(c)
 
475,765
3,068,684
Bentley Systems Inc Class B
 
51,471
1,824,132
BILL Holdings Inc (b)
 
34,285
1,547,282
BitMine Immersion Technologies Inc (c)
 
222,671
3,847,755
Ccc Intelligent Solutions Holdings Inc Class A (b)
 
216,466
1,318,278
Circle Internet Group Inc Class A (b)(c)
 
70,656
4,423,772
Docusign Inc (b)
 
71,692
3,930,872
Dolby Laboratories Inc Class A
 
23,468
1,380,153
Dropbox Inc Class A (b)
 
60,075
1,956,042
Dynatrace Inc (b)
 
96,274
4,266,864
Elastic NV (b)
 
17,544
1,154,220
Fair Isaac Corp (b)
 
1,592
1,787,768
Figma Inc Class A (b)(c)
 
84,203
2,047,817
Gen Digital Inc
 
193,040
5,298,948
Gitlab Inc Class A (b)
 
56,331
1,943,983
Guidewire Software Inc (b)
 
15,895
2,415,086
HubSpot Inc (b)
 
2,286
542,605
Intuit Inc
 
73,256
23,154,024
Klaviyo Inc Class A (b)
 
42,586
759,734
Microsoft Corp
 
1,467,763
682,098,822
Nutanix Inc Class A (b)
 
102,336
6,038,847
Pegasystems Inc
 
24,746
755,990
PTC Inc (b)
 
46,975
6,444,970
RingCentral Inc Class A
 
26,009
1,446,621
Roper Technologies Inc
 
40,401
15,835,980
Rubrik Inc Class A (b)
 
20,021
1,448,720
SailPoint Inc (b)(c)
 
25,988
435,819
Salesforce Inc
 
314,066
57,794,426
SentinelOne Inc Class A (b)
 
39,767
757,959
Strategy Inc Class A (b)
 
129,307
12,061,757
Synopsys Inc (b)
 
73,602
28,613,514
Trimble Inc (b)
 
91,352
5,168,696
Tyler Technologies Inc (b)
 
16,614
5,143,694
UiPath Inc Class A (b)(c)
 
157,595
2,010,912
Unity Software Inc (b)
 
142,419
4,516,106
Workday Inc Class A (b)
 
75,074
12,037,365
Zoom Communications Inc Class A (b)
 
105,051
10,092,250
 
 
 
931,497,072
Technology Hardware, Storage & Peripherals - 6.2%
 
 
 
Apple Inc
 
2,617,792
808,662,128
Dell Technologies Inc Class C
 
104,858
42,506,287
Everpure Inc Class A (b)
 
16,954
1,308,340
Hewlett Packard Enterprise Co
 
523,243
25,063,340
HP Inc
 
361,060
9,846,106
IonQ Inc (b)(c)
 
152,198
5,546,095
NetApp Inc
 
50,194
8,959,629
Super Micro Computer Inc (b)(c)
 
199,448
5,664,323
 
 
 
907,556,248
TOTAL INFORMATION TECHNOLOGY
 
 
2,672,776,609
Materials - 3.5%
 
 
 
Chemicals - 1.8%
 
 
 
Air Products and Chemicals Inc
 
86,532
25,517,421
Albemarle Corp
 
46,573
5,478,848
Axalta Coating Systems Ltd (b)
 
84,331
3,019,893
Celanese Corp
 
44,164
1,975,014
CF Industries Holdings Inc
 
60,542
7,579,253
Corteva Inc
 
265,540
20,900,653
Dow Inc
 
284,689
8,623,230
DuPont de Nemours Inc
 
53,986
7,396,082
Eastman Chemical Co
 
44,840
3,136,558
Ecolab Inc
 
98,001
27,208,018
Element Solutions Inc
 
90,168
3,311,871
International Flavors & Fragrances Inc
 
101,037
8,004,151
Linde PLC
 
182,200
87,160,836
LyondellBasell Industries NV Class A1
 
101,912
6,326,697
Mosaic Co/The
 
125,488
2,775,795
NewMarket Corp
 
2,430
2,065,889
Olin Corp
 
44,867
830,487
PPG Industries Inc
 
88,136
9,740,791
RPM International Inc
 
49,855
5,337,975
Scotts Miracle-Gro Co/The
 
17,545
1,152,356
Sherwin-Williams Co/The
 
67,383
22,967,496
Westlake Corp
 
13,018
917,768
 
 
 
261,427,082
Construction Materials - 0.3%
 
 
 
CRH PLC
 
264,144
25,096,321
Eagle Materials Inc
 
12,297
2,520,147
James Hardie Industries PLC (b)
 
58,997
1,551,031
Martin Marietta Materials Inc
 
23,597
12,391,729
Vulcan Materials Co
 
51,216
13,755,081
 
 
 
55,314,309
Containers & Packaging - 0.4%
 
 
 
Amcor PLC
 
182,513
8,191,183
AptarGroup Inc
 
25,033
3,353,421
Avery Dennison Corp
 
30,263
5,136,539
Ball Corp
 
105,130
6,822,937
Crown Holdings Inc
 
44,036
5,189,643
Graphic Packaging Holding CO
 
115,357
1,237,780
International Paper Co
 
207,302
8,464,141
Packaging Corp of America
 
34,277
8,426,658
Silgan Holdings Inc
 
34,952
1,397,380
Smurfit Westrock PLC
 
206,375
9,487,059
Sonoco Products Co
 
38,699
2,181,076
 
 
 
59,887,817
Metals & Mining - 1.0%
 
 
 
Alcoa Corp
 
103,984
4,706,316
Cleveland-Cliffs Inc (b)
 
223,589
2,575,745
Coeur Mining Inc
 
405,878
6,051,641
Freeport-McMoRan Inc
 
565,316
35,405,741
Hecla Mining Co
 
236,362
3,337,431
MP Materials Corp (b)(c)
 
56,665
2,344,231
Newmont Corp
 
421,714
39,518,820
Nucor Corp
 
87,089
22,407,129
Reliance Inc
 
20,123
8,171,950
Royal Gold Inc
 
33,503
6,645,320
Steel Dynamics Inc
 
48,853
12,274,805
 
 
 
143,439,129
TOTAL MATERIALS
 
 
520,068,337
Real Estate - 3.6%
 
 
 
Diversified REITs - 0.0%
 
 
 
WP Carey Inc
 
87,327
6,427,266
Health Care REITs - 0.8%
 
 
 
Alexandria Real Estate Equities Inc
 
67,826
3,489,648
American Healthcare REIT Inc
 
75,408
4,192,685
Healthcare Realty Trust Inc
 
132,291
2,779,434
Healthpeak Properties Inc
 
273,995
5,981,311
Janus Living Inc Class A
 
18,361
554,686
Medical Properties Trust Inc (c)
 
196,614
910,323
Omega Healthcare Investors Inc
 
117,715
5,959,910
Ventas Inc
 
191,381
17,896,037
Welltower Inc
 
279,366
65,494,565
 
 
 
107,258,599
Hotel & Resort REITs - 0.0%
 
 
 
Host Hotels & Resorts Inc
 
268,159
6,738,836
Industrial REITs - 0.5%
 
 
 
Americold Realty Trust Inc
 
112,852
1,590,085
EastGroup Properties Inc
 
21,073
4,404,468
First Industrial Realty Trust Inc
 
52,092
3,429,737
Lineage Inc
 
27,385
1,160,302
Prologis Inc
 
368,258
53,253,790
Rexford Industrial Realty Inc
 
89,001
3,361,568
STAG Industrial Inc Class A
 
75,590
2,892,073
 
 
 
70,092,023
Office REITs - 0.1%
 
 
 
BXP Inc
 
62,578
4,387,969
Cousins Properties Inc
 
64,430
2,032,767
Kilroy Realty Corp
 
45,582
1,769,493
Vornado Realty Trust
 
69,176
2,724,843
 
 
 
10,915,072
Real Estate Management & Development - 0.2%
 
 
 
CBRE Group Inc Class A (b)
 
104,454
15,334,892
CoStar Group Inc (b)
 
142,602
4,101,234
Howard Hughes Holdings Inc (b)
 
12,283
785,128
Jones Lang LaSalle Inc (b)
 
17,253
6,125,333
Zillow Group Inc Class A (b)(c)
 
15,664
543,384
Zillow Group Inc Class C (b)
 
63,979
2,179,125
 
 
 
29,069,096
Residential REITs - 0.4%
 
 
 
American Homes 4 Rent Class A
 
132,474
4,427,281
AvalonBay Communities Inc
 
54,858
10,182,193
Camden Property Trust
 
38,922
4,312,947
Equity LifeStyle Properties Inc
 
76,218
4,959,505
Equity Residential
 
147,328
9,789,946
Essex Property Trust Inc
 
25,268
7,179,650
Invitation Homes Inc
 
234,098
6,957,393
Mid-America Apartment Communities Inc
 
45,695
6,047,276
Sun Communities Inc
 
48,215
5,953,588
UDR Inc
 
128,127
4,889,326
 
 
 
64,699,105
Retail REITs - 0.3%
 
 
 
Agree Realty Corp
 
46,709
3,633,960
Brixmor Property Group Inc
 
120,417
3,794,340
Federal Realty Investment Trust
 
33,836
4,198,709
Kimco Realty Corp
 
261,207
6,655,554
NNN REIT Inc
 
74,710
3,550,219
Realty Income Corp
 
368,805
23,555,576
Regency Centers Corp
 
72,043
5,784,332
 
 
 
51,172,690
Specialized REITs - 1.3%
 
 
 
American Tower Corp
 
64,972
11,263,546
Crown Castle Inc
 
172,414
13,155,188
CubeSmart
 
89,363
3,704,990
Digital Realty Trust Inc
 
143,008
26,959,868
EPR Properties
 
29,560
1,834,789
Equinix Inc
 
38,920
39,670,379
Extra Space Storage Inc
 
82,817
12,260,229
Fermi Inc (c)
 
81,414
463,246
Gaming and Leisure Properties Inc
 
107,500
4,814,925
Iron Mountain Inc
 
116,789
14,285,630
Lamar Advertising Co Class A
 
26,163
4,185,033
Millrose Properties Inc Class A
 
60,464
1,691,783
Public Storage
 
59,286
19,218,743
Rayonier Inc
 
118,408
2,578,926
SBA Communications Corp Class A
 
41,632
7,534,559
VICI Properties Inc
 
428,887
11,301,172
Weyerhaeuser Co
 
284,532
7,121,836
 
 
 
182,044,842
TOTAL REAL ESTATE
 
 
528,417,529
Utilities - 3.7%
 
 
 
Electric Utilities - 2.4%
 
 
 
Alliant Energy Corp
 
102,109
7,227,275
American Electric Power Co Inc
 
215,243
27,518,818
Constellation Energy Corp
 
118,264
31,073,866
Duke Energy Corp
 
307,845
38,612,998
Edison International
 
150,462
11,039,397
Entergy Corp
 
180,754
19,452,745
Evergy Inc
 
91,015
7,555,155
Eversource Energy
 
148,575
10,636,484
Exelon Corp
 
404,896
18,552,335
FirstEnergy Corp
 
217,357
10,500,517
IDACORP Inc
 
21,872
3,125,728
NextEra Energy Inc
 
824,871
71,697,788
OGE Energy Corp
 
81,324
3,850,691
Oklo Inc Class A (b)(c)
 
55,521
2,155,880
PG&E Corp
 
866,835
15,065,592
Pinnacle West Capital Corp
 
47,859
4,833,280
PPL Corp
 
297,354
10,469,834
Southern Co/The
 
445,907
42,156,049
Xcel Energy Inc
 
246,690
19,291,158
 
 
 
354,815,590
Gas Utilities - 0.1%
 
 
 
Atmos Energy Corp
 
65,160
11,258,345
MDU Resources Group Inc
 
80,709
1,610,144
National Fuel Gas Co
 
37,142
3,057,158
UGI Corp
 
84,881
3,065,902
 
 
 
18,991,549
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
AES Corp/The
 
280,749
4,121,395
Clearway Energy Inc Class C
 
47,568
1,509,332
Talen Energy Corp (b)
 
5,345
1,785,765
 
 
 
7,416,492
Multi-Utilities - 1.0%
 
 
 
Ameren Corp
 
109,212
11,970,727
CenterPoint Energy Inc
 
258,445
10,865,028
CMS Energy Corp
 
121,435
8,742,106
Consolidated Edison Inc
 
145,651
15,854,111
Dominion Energy Inc
 
347,675
24,048,680
DTE Energy Co
 
82,043
11,639,440
NiSource Inc
 
189,065
8,400,158
Public Service Enterprise Group Inc
 
197,216
15,122,523
Sempra
 
258,336
22,875,653
WEC Energy Group Inc
 
128,792
14,092,421
 
 
 
143,610,847
Water Utilities - 0.1%
 
 
 
American Water Works Co Inc
 
76,982
10,328,675
Essential Utilities Inc
 
111,880
4,458,418
 
 
 
14,787,093
TOTAL UTILITIES
 
 
539,621,571
TOTAL UNITED STATES
 
 
14,544,448,814
 
TOTAL COMMON STOCKS
 (Cost $11,184,067,217)
 
 
 
14,596,659,221
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Yield (%) (e)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 8/13/2026 (f)
 (Cost $2,053,526)
 
3.64
2,056,000
2,053,941
 
 
 
 
 
Money Market Funds - 0.7%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (g)
 
3.69
44,409,092
44,417,974
Fidelity Securities Lending Cash Central Fund (g)(h)
 
3.72
55,643,079
55,648,643
 
TOTAL MONEY MARKET FUNDS
 (Cost $100,065,085)
 
 
 
100,066,617
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $11,286,185,828)
 
 
 
14,698,779,779
NET OTHER ASSETS (LIABILITIES) - (0.3)% (d)
(43,108,038)
NET ASSETS - 100.0%
14,655,671,741
 
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value and Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
CME E-Mini S&P 500 Index Contracts (United States)
72
9/2026
27,069,300
250,628
CME E-Mini S&P MidCap 400 Index Contracts (United States)
79
9/2026
29,805,910
(103,457)
TOTAL LONG
 
 
 
147,171

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 $1,835,208 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 $2,053,941.
 
(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 $42,059,081.
 
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
20,506,119
301,020,148
277,112,686
282,366
2,861
1,532
44,417,974
44,409,092
Fidelity Securities Lending Cash Central Fund
82,385,015
109,230,712
135,967,084
70,810
-
-
55,648,643
55,643,079
 
102,891,134
410,250,860
413,079,770
353,176
2,861
1,532
100,066,617
 
 
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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