Common Stocks - 97.9%
|
|||
Shares
|
Value ($)
|
||
BELGIUM - 0.6%
|
|||
Health Care - 0.6%
|
|||
Biotechnology - 0.1%
|
|||
Galapagos NV ADR (b)
|
229,554
|
5,766,396
|
|
Pharmaceuticals - 0.5%
|
|||
UCB SA
|
171,000
|
30,092,850
|
|
TOTAL BELGIUM
|
35,859,246
|
||
BRAZIL - 1.4%
|
|||
Consumer Discretionary - 1.1%
|
|||
Broadline Retail - 1.1%
|
|||
MercadoLibre Inc (b)
|
31,141
|
60,752,043
|
|
Materials - 0.3%
|
|||
Metals & Mining - 0.3%
|
|||
Vale SA ADR
|
1,899,100
|
18,953,018
|
|
TOTAL BRAZIL
|
79,705,061
|
||
CANADA - 1.2%
|
|||
Information Technology - 1.2%
|
|||
IT Services - 1.2%
|
|||
Shopify Inc Class A (United States) (b)
|
684,800
|
65,384,704
|
|
CHINA - 4.6%
|
|||
Communication Services - 1.2%
|
|||
Interactive Media & Services - 1.2%
|
|||
Tencent Holdings Ltd
|
1,095,400
|
69,991,628
|
|
Consumer Discretionary - 3.4%
|
|||
Automobiles - 1.1%
|
|||
BYD Co Ltd H Shares
|
1,223,372
|
61,947,311
|
|
Broadline Retail - 0.7%
|
|||
PDD Holdings Inc Class A ADR (b)
|
313,300
|
37,079,055
|
|
Hotels, Restaurants & Leisure - 1.6%
|
|||
Meituan B Shares (b)(c)(d)
|
1,768,200
|
35,580,551
|
|
Trip.com Group Ltd ADR
|
828,712
|
52,689,509
|
|
88,270,060
|
|||
TOTAL CONSUMER DISCRETIONARY
|
187,296,426
|
||
TOTAL CHINA
|
257,288,054
|
||
DENMARK - 0.0%
|
|||
Health Care - 0.0%
|
|||
Life Sciences Tools & Services - 0.0%
|
|||
Chemometec A/S
|
84,960
|
6,090,339
|
|
GERMANY - 0.4%
|
|||
Health Care - 0.4%
|
|||
Biotechnology - 0.4%
|
|||
BioNTech SE ADR (b)
|
228,683
|
20,823,874
|
|
ISRAEL - 1.2%
|
|||
Health Care - 0.4%
|
|||
Biotechnology - 0.0%
|
|||
Gamida Cell Ltd (e)
|
993,684
|
10
|
|
Gamida Cell Ltd warrants 4/21/2028 (b)(e)(f)
|
182,600
|
2
|
|
12
|
|||
Pharmaceuticals - 0.4%
|
|||
Teva Pharmaceutical Industries Ltd ADR (b)
|
1,630,673
|
25,063,444
|
|
TOTAL HEALTH CARE
|
25,063,456
|
||
Information Technology - 0.8%
|
|||
IT Services - 0.8%
|
|||
Wix.com Ltd (b)
|
250,300
|
40,894,014
|
|
TOTAL ISRAEL
|
65,957,470
|
||
JAPAN - 0.4%
|
|||
Health Care - 0.4%
|
|||
Pharmaceuticals - 0.4%
|
|||
Chugai Pharmaceutical Co Ltd
|
478,793
|
21,934,255
|
|
NETHERLANDS - 0.4%
|
|||
Information Technology - 0.4%
|
|||
Semiconductors & Semiconductor Equipment - 0.4%
|
|||
BE Semiconductor Industries NV
|
235,363
|
24,233,301
|
|
TAIWAN - 2.7%
|
|||
Information Technology - 2.7%
|
|||
Semiconductors & Semiconductor Equipment - 2.7%
|
|||
eMemory Technology Inc
|
73,757
|
5,176,871
|
|
Taiwan Semiconductor Manufacturing Co Ltd ADR
|
885,601
|
147,009,766
|
|
TOTAL TAIWAN
|
152,186,637
|
||
UNITED KINGDOM - 0.6%
|
|||
Consumer Discretionary - 0.2%
|
|||
Leisure Products - 0.2%
|
|||
Games Workshop Group PLC
|
66,300
|
11,981,459
|
|
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
Immunocore Holdings PLC ADR (b)
|
94,567
|
2,805,803
|
|
Industrials - 0.4%
|
|||
Professional Services - 0.4%
|
|||
RELX PLC ADR
|
339,571
|
17,117,774
|
|
TOTAL UNITED KINGDOM
|
31,905,036
|
||
UNITED STATES - 84.4%
|
|||
Communication Services - 8.0%
|
|||
Entertainment - 1.3%
|
|||
Live Nation Entertainment Inc (b)
|
226,034
|
29,515,520
|
|
ROBLOX Corp Class A (b)
|
749,500
|
43,688,355
|
|
73,203,875
|
|||
Interactive Media & Services - 6.7%
|
|||
Alphabet Inc Class A
|
1,654,668
|
255,877,860
|
|
Epic Games Inc (b)(e)(g)
|
2,244
|
1,434,656
|
|
Meta Platforms Inc Class A
|
205,836
|
118,635,637
|
|
375,948,153
|
|||
TOTAL COMMUNICATION SERVICES
|
449,152,028
|
||
Consumer Discretionary - 15.3%
|
|||
Broadline Retail - 10.6%
|
|||
Amazon.com Inc (b)
|
3,123,712
|
594,317,445
|
|
Savers Value Village Inc (b)(f)
|
645,502
|
4,453,964
|
|
598,771,409
|
|||
Diversified Consumer Services - 0.2%
|
|||
Duolingo Inc Class A (b)
|
30,511
|
9,474,885
|
|
Hotels, Restaurants & Leisure - 1.9%
|
|||
Airbnb Inc Class A (b)
|
560,077
|
66,906,799
|
|
Carnival Corp (b)
|
535,500
|
10,458,315
|
|
Kura Sushi USA Inc Class A (b)(f)
|
118,541
|
6,069,299
|
|
Starbucks Corp
|
250,500
|
24,571,545
|
|
108,005,958
|
|||
Household Durables - 0.3%
|
|||
Blu Homes Inc (b)(e)(g)
|
3,320,224
|
1,029
|
|
TopBuild Corp (b)
|
56,759
|
17,308,657
|
|
17,309,686
|
|||
Specialty Retail - 2.3%
|
|||
Floor & Decor Holdings Inc Class A (b)
|
137,302
|
11,048,692
|
|
Lowe's Cos Inc
|
501,907
|
117,059,770
|
|
128,108,462
|
|||
TOTAL CONSUMER DISCRETIONARY
|
861,670,400
|
||
Consumer Staples - 1.8%
|
|||
Beverages - 0.7%
|
|||
Constellation Brands Inc Class A
|
228,700
|
41,971,024
|
|
Personal Care Products - 1.1%
|
|||
Estee Lauder Cos Inc/The Class A
|
916,400
|
60,482,400
|
|
TOTAL CONSUMER STAPLES
|
102,453,424
|
||
Energy - 1.8%
|
|||
Oil, Gas & Consumable Fuels - 1.8%
|
|||
Cheniere Energy Inc
|
288,779
|
66,823,461
|
|
Range Resources Corp
|
817,302
|
32,634,868
|
|
99,458,329
|
|||
Financials - 10.9%
|
|||
Banks - 0.4%
|
|||
Huntington Bancshares Inc/OH
|
764,900
|
11,481,149
|
|
M&T Bank Corp
|
63,200
|
11,297,000
|
|
22,778,149
|
|||
Capital Markets - 1.4%
|
|||
Intercontinental Exchange Inc
|
369,451
|
63,730,298
|
|
Morgan Stanley
|
120,600
|
14,070,402
|
|
77,800,700
|
|||
Consumer Finance - 0.9%
|
|||
Capital One Financial Corp
|
293,246
|
52,579,008
|
|
Financial Services - 6.2%
|
|||
Mastercard Inc Class A
|
276,744
|
151,688,921
|
|
Rocket Cos Inc Class A (f)
|
882,646
|
10,653,537
|
|
Toast Inc Class A (b)
|
1,203,967
|
39,935,585
|
|
Visa Inc Class A
|
417,112
|
146,181,072
|
|
348,459,115
|
|||
Insurance - 2.0%
|
|||
Arthur J Gallagher & Co
|
326,929
|
112,868,968
|
|
TOTAL FINANCIALS
|
614,485,940
|
||
Health Care - 14.0%
|
|||
Biotechnology - 3.7%
|
|||
Adamas Pharmaceuticals Inc rights (b)(e)
|
678,800
|
6,788
|
|
Adamas Pharmaceuticals Inc rights (b)(e)
|
678,800
|
7
|
|
Alnylam Pharmaceuticals Inc (b)
|
221,049
|
59,687,651
|
|
Arcellx Inc (b)
|
28,491
|
1,869,010
|
|
Beam Therapeutics Inc (b)(f)
|
302,162
|
5,901,224
|
|
Biogen Inc (b)
|
121,200
|
16,585,008
|
|
Blueprint Medicines Corp (b)(f)
|
20,114
|
1,780,290
|
|
Cytokinetics Inc (b)
|
111,099
|
4,465,069
|
|
Exact Sciences Corp (b)
|
1,097,219
|
47,498,611
|
|
Gilead Sciences Inc
|
483,782
|
54,207,773
|
|
Hookipa Pharma Inc (b)
|
45,078
|
48,684
|
|
Janux Therapeutics Inc (b)
|
54,327
|
1,466,829
|
|
Krystal Biotech Inc (b)
|
17,152
|
3,092,506
|
|
Moderna Inc (b)
|
212,647
|
6,028,542
|
|
Seres Therapeutics Inc (b)
|
159,614
|
111,746
|
|
Synlogic Inc (b)
|
29,260
|
36,282
|
|
Vor BioPharma Inc (b)
|
244,770
|
175,622
|
|
XOMA Royalty Corp (b)
|
145,367
|
2,897,164
|
|
205,858,806
|
|||
Health Care Equipment & Supplies - 4.2%
|
|||
Align Technology Inc (b)
|
157,913
|
25,086,059
|
|
Boston Scientific Corp (b)
|
1,779,378
|
179,503,653
|
|
Ceribell Inc
|
59,300
|
1,139,153
|
|
Glaukos Corp (b)
|
129,341
|
12,729,741
|
|
Penumbra Inc (b)
|
65,392
|
17,486,475
|
|
Pulmonx Corp (b)
|
101,816
|
685,221
|
|
RxSight Inc (b)
|
27,759
|
700,915
|
|
237,331,217
|
|||
Health Care Providers & Services - 0.7%
|
|||
HealthEquity Inc (b)
|
472,483
|
41,753,323
|
|
Health Care Technology - 0.3%
|
|||
Veeva Systems Inc Class A (b)
|
73,500
|
17,024,805
|
|
Life Sciences Tools & Services - 1.1%
|
|||
10X Genomics Inc Class A (b)
|
274,716
|
2,398,271
|
|
Bio-Techne Corp
|
147,315
|
8,637,078
|
|
Bruker Corp
|
247,391
|
10,326,100
|
|
Codexis Inc (b)
|
578,974
|
1,557,440
|
|
Danaher Corp
|
109,817
|
22,512,485
|
|
MaxCyte Inc (United States) (b)(f)
|
494,035
|
1,348,716
|
|
Thermo Fisher Scientific Inc
|
26,900
|
13,385,440
|
|
60,165,530
|
|||
Pharmaceuticals - 4.0%
|
|||
Aclaris Therapeutics Inc (b)
|
88,595
|
135,550
|
|
Eli Lilly & Co
|
195,856
|
161,759,430
|
|
Royalty Pharma PLC Class A
|
2,037,000
|
63,411,810
|
|
Zevra Therapeutics Inc (b)(f)
|
358,870
|
2,687,936
|
|
227,994,726
|
|||
TOTAL HEALTH CARE
|
790,128,407
|
||
Industrials - 7.6%
|
|||
Aerospace & Defense - 1.2%
|
|||
GE Aerospace
|
348,477
|
69,747,672
|
|
Loar Holdings Inc (f)
|
5,267
|
372,113
|
|
70,119,785
|
|||
Building Products - 0.0%
|
|||
Simpson Manufacturing Co Inc
|
16,199
|
2,544,539
|
|
Electrical Equipment - 1.0%
|
|||
GE Vernova Inc
|
186,907
|
57,058,969
|
|
Ground Transportation - 0.3%
|
|||
Uber Technologies Inc (b)
|
209,890
|
15,292,585
|
|
Machinery - 2.4%
|
|||
Deere & Co
|
160,579
|
75,367,754
|
|
Ingersoll Rand Inc
|
344,793
|
27,593,784
|
|
Westinghouse Air Brake Technologies Corp
|
161,161
|
29,226,547
|
|
132,188,085
|
|||
Professional Services - 2.2%
|
|||
Equifax Inc
|
385,107
|
93,796,661
|
|
KBR Inc
|
193,555
|
9,640,975
|
|
UL Solutions Inc Class A (f)
|
372,166
|
20,990,162
|
|
124,427,798
|
|||
Trading Companies & Distributors - 0.5%
|
|||
Ferguson Enterprises Inc (United Kingdom)
|
169,718
|
26,768,377
|
|
TOTAL INDUSTRIALS
|
428,400,138
|
||
Information Technology - 22.6%
|
|||
Electronic Equipment, Instruments & Components - 0.7%
|
|||
Flex Ltd (b)
|
547,982
|
18,127,244
|
|
Jabil Inc
|
145,059
|
19,738,178
|
|
37,865,422
|
|||
Semiconductors & Semiconductor Equipment - 9.9%
|
|||
Astera Labs Inc (b)
|
9,640
|
575,219
|
|
NVIDIA Corp
|
4,999,994
|
541,899,350
|
|
SiTime Corp (b)
|
94,490
|
14,444,686
|
|
556,919,255
|
|||
Software - 7.2%
|
|||
Appfolio Inc Class A (b)
|
12,700
|
2,792,730
|
|
Asapp Inc warrants 8/28/2028 (b)(e)(g)
|
1,014,955
|
1,106,301
|
|
Docusign Inc (b)(f)
|
253,500
|
20,634,900
|
|
HubSpot Inc (b)
|
98,457
|
56,247,500
|
|
Microsoft Corp
|
763,100
|
286,460,109
|
|
Monday.com Ltd (b)
|
60,400
|
14,686,864
|
|
Nutanix Inc Class A (b)
|
143,196
|
9,996,513
|
|
OpenAI Global LLC rights (b)(e)(g)
|
3,433,000
|
5,012,180
|
|
SailPoint Inc (f)
|
34,800
|
652,500
|
|
Zeta Global Holdings Corp Class A (b)(f)
|
606,206
|
8,220,153
|
|
405,809,750
|
|||
Technology Hardware, Storage & Peripherals - 4.8%
|
|||
Apple Inc
|
1,225,244
|
272,163,450
|
|
TOTAL INFORMATION TECHNOLOGY
|
1,272,757,877
|
||
Materials - 1.6%
|
|||
Construction Materials - 0.4%
|
|||
Eagle Materials Inc
|
11,529
|
2,558,631
|
|
Martin Marietta Materials Inc
|
47,545
|
22,732,691
|
|
25,291,322
|
|||
Containers & Packaging - 0.7%
|
|||
International Paper Co
|
726,866
|
38,778,301
|
|
Metals & Mining - 0.5%
|
|||
Carpenter Technology Corp
|
155,400
|
28,155,372
|
|
TOTAL MATERIALS
|
92,224,995
|
||
Real Estate - 0.8%
|
|||
Real Estate Management & Development - 0.8%
|
|||
Zillow Group Inc Class A (b)
|
98,600
|
6,592,395
|
|
Zillow Group Inc Class C (b)(f)
|
591,060
|
40,523,074
|
|
47,115,469
|
|||
TOTAL UNITED STATES
|
4,757,847,007
|
||
TOTAL COMMON STOCKS
(Cost $4,251,679,423)
|
5,519,214,984
|
||
Convertible Corporate Bonds - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc 15% (e)(g)(h)
(Cost $809,600)
|
809,600
|
791,708
|
|
Convertible Preferred Stocks - 0.3%
|
|||
Shares
|
Value ($)
|
||
AUSTRALIA - 0.0%
|
|||
Information Technology - 0.0%
|
|||
Software - 0.0%
|
|||
Canva Inc Series A (b)(e)(g)
|
423
|
548,200
|
|
Canva Inc Series A2 (b)(e)(g)
|
77
|
99,790
|
|
TOTAL AUSTRALIA
|
647,990
|
||
UNITED STATES - 0.3%
|
|||
Financials - 0.0%
|
|||
Financial Services - 0.0%
|
|||
Akeana Series C (b)(e)(g)
|
30,000
|
379,200
|
|
Health Care - 0.0%
|
|||
Biotechnology - 0.0%
|
|||
ElevateBio LLC Series C (b)(e)(g)
|
75,700
|
196,063
|
|
Industrials - 0.1%
|
|||
Aerospace & Defense - 0.1%
|
|||
Anduril Industries Inc Series F (e)(g)
|
114,642
|
4,692,297
|
|
Information Technology - 0.2%
|
|||
Software - 0.2%
|
|||
Asapp Inc Series C (b)(e)(g)
|
250,763
|
426,297
|
|
Asapp Inc Series D (b)(e)(g)
|
1,768,998
|
2,494,287
|
|
xAI Corp Series C (e)(g)
|
204,100
|
6,153,615
|
|
9,074,199
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc Series C2 (b)(e)(g)
|
50,974
|
658,074
|
|
Illuminated Holdings Inc Series C3 (b)(e)(g)
|
63,718
|
822,600
|
|
Illuminated Holdings Inc Series C4 (b)(e)(g)
|
18,303
|
236,292
|
|
Illuminated Holdings Inc Series C5 (b)(e)(g)
|
36,887
|
476,211
|
|
2,193,177
|
|||
TOTAL UNITED STATES
|
16,534,936
|
||
TOTAL CONVERTIBLE PREFERRED STOCKS
(Cost $22,068,019)
|
17,182,926
|
||
Preferred Securities - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
UNITED STATES - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Illuminated Holdings Inc 15% (e)(g)(h)
(Cost $1,098,800)
|
1,098,800
|
1,266,807
|
|
Money Market Funds - 2.7%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (i)
|
4.32
|
94,325,289
|
94,344,155
|
|
Fidelity Securities Lending Cash Central Fund (i)(j)
|
4.32
|
57,704,810
|
57,710,580
|
|
TOTAL MONEY MARKET FUNDS
(Cost $152,054,735)
|
152,054,735
|
|||
TOTAL INVESTMENT IN SECURITIES - 100.9%
(Cost $4,427,710,577)
|
5,690,511,160
|
NET OTHER ASSETS (LIABILITIES) - (0.9)%
|
(53,015,609)
|
NET ASSETS - 100.0%
|
5,637,495,551
|
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
Non-income producing
|
(c)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $35,580,551 or 0.6% of net assets.
|
(d)
|
Security is exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $35,580,551 or 0.6% of net assets.
|
(e)
|
Level 3 security
|
(f)
|
Security or a portion of the security is on loan at period end.
|
(g)
|
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 $26,795,607 or 0.5% of net assets.
|
(h)
|
Security is perpetual in nature with no stated maturity date.
|
(i)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
(j)
|
Investment made with cash collateral received from securities on loan.
|
Additional information on each restricted holding is as follows:
|
||
Security
|
Acquisition Date
|
Acquisition Cost ($)
|
Akeana Series C
|
1/23/24
|
382,824
|
Anduril Industries Inc Series F
|
8/07/24
|
2,491,927
|
Asapp Inc Series C
|
4/30/21
|
1,654,309
|
Asapp Inc Series D
|
8/29/23
|
6,830,986
|
Asapp Inc warrants 8/28/2028
|
8/29/23
|
1
|
Blu Homes Inc
|
5/21/20
|
5,743
|
Canva Inc Series A
|
9/22/23
|
451,198
|
Canva Inc Series A2
|
9/22/23
|
82,133
|
ElevateBio LLC Series C
|
3/09/21
|
317,562
|
Epic Games Inc
|
3/29/21
|
1,985,940
|
Illuminated Holdings Inc 15%
|
6/14/23
|
809,600
|
Illuminated Holdings Inc 15%
|
9/27/23
|
1,098,800
|
Illuminated Holdings Inc Series C2
|
7/07/20
|
1,274,350
|
Illuminated Holdings Inc Series C3
|
7/07/20
|
1,911,540
|
Illuminated Holdings Inc Series C4
|
1/08/21
|
658,908
|
Illuminated Holdings Inc Series C5
|
6/16/21
|
1,593,518
|
OpenAI Global LLC rights
|
9/30/24
|
3,433,000
|
xAI Corp Series C
|
11/22/24
|
4,418,765
|
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
|
40,419,537
|
1,953,520,638
|
1,899,596,020
|
2,941,199
|
-
|
-
|
94,344,155
|
94,325,289
|
0.2%
|
Fidelity Securities Lending Cash Central Fund
|
54,951,080
|
439,000,117
|
436,240,617
|
70,427
|
-
|
-
|
57,710,580
|
57,704,810
|
0.2%
|
Total
|
95,370,617
|
2,392,520,755
|
2,335,836,637
|
3,011,626
|
-
|
-
|
152,054,735
|
||