Form NPORT-P FIDELITY TREND FUND For: Mar 31

May 25, 2022 12:12 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

  
    NPORT-P
    false
    
      
      
        
          0000035402
          XXXXXXXX
        
      
      
      
      
        S000007496
        C000020470
      
      
      
    
  
  
    
      Fidelity Trend Fund
      811-00790
      0000035402
      TF238OV3MY7L3IVK8T95
      245 Summer Street
      Boston
      
      02210
      1-800-FIDELITY
      Fidelity Trend Fund
      S000007496
      VL9WMPZ3MOW0SQO9ML77
      2022-12-31
      2022-03-31
      N
    
    
      3091071912.77
      23221405.13
      3067850507.64
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      255.65000000
      
        
        
        
        
        
        
        
        
        
      
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        CHARTER COMMUNICATIONS INC
        0J0XRGZE3PBRFEZ7MV65
        CHARTER COMMUNICATIONS INC A
        16119P108
        
          
        
        20100.00000000
        NS
        USD
        10964952.00000000
        0.357414807947
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        THERMO FISHER SCIENTIFIC INC
        HCHV7422L5HDJZCRFL38
        THERMO FISHER SCIENTIFIC INC
        883556102
        
          
        
        37160.00000000
        NS
        USD
        21948554.00000000
        0.715437533391
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAC HOLDINGS INC
        549300TO56L57RP6P031
        IAC/INTERACTIVECORP
        44891N208
        
          
        
        28527.00000000
        NS
        USD
        2860687.56000000
        0.093247293271
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GARTNER INC
        PP55B5R38BFB8O8HH686
        GARTNER INC
        366651107
        
          
        
        86430.00000000
        NS
        USD
        25709467.80000000
        0.838028702375
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COSTCO WHOLESALE CORP
        29DX7H14B9S6O3FD6V18
        COSTCO WHOLESALE CORP
        22160K105
        
          
        
        32647.00000000
        NS
        USD
        18799774.95000000
        0.612799577527
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CLOUDFLARE INC
        5493007DY18BGNLDWU14
        CLOUDFLARE INC
        18915M107
        
          
        
        82746.00000000
        NS
        USD
        9904696.20000000
        0.322854590708
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ALIGN TECHNOLOGY INC
        549300N5YSE0U3LCP840
        ALIGN TECHNOLOGY INC
        016255101
        
          
        
        28200.00000000
        NS
        USD
        12295200.00000000
        0.400775721286
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BROOKFIELD ASSET MANAGEMENT REINSURANCE PARTNERS LTD
        9845004583U3B8E06924
        BROOKFIELD ASSET MANAGEMENT REINSURANCE PARTNERS LTD
        N/A
        
          
        
        1826.00000000
        NS
        USD
        104447.20000000
        0.003404572671
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          
        
      
      
        NORDSON CORP
        14OS6Q5N55N95WM84M53
        NORDSON CORP
        655663102
        
          
        
        58533.00000000
        NS
        USD
        13291673.64000000
        0.433256888068
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ASML HOLDING NV
        724500Y6DUVHQD6OXN27
        ASML HLDG NV (NY REG SHS) NEW YORK REGISTERED SHARES
        N/A
        
          
        
        32102.00000000
        NS
        USD
        21441888.86000000
        0.698922219534
        Long
        EC
        CORP
        NL
        N
        
        1
        
          N
          N
          N
        
      
      
        GLOBANT SA
        2221008DCMSPYS42DS88
        GLOBANT SA
        N/A
        
          
        
        163831.00000000
        NS
        USD
        42935190.17000000
        1.399520285068
        Long
        EC
        CORP
        LU
        
        N
        
        1
        
          N
          N
          N
        
      
      
        OLD DOMINION FREIGHT LINES INC
        5299009TWK32WE417T96
        OLD DOMINION FREIGHT LINES INC
        679580100
        
          
        
        59400.00000000
        NS
        USD
        17741592.00000000
        0.578306927140
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        APPLE INC
        HWUPKR0MPOU8FGXBT394
        APPLE INC
        037833100
        
          
        
        1355076.00000000
        NS
        USD
        236609820.36000000
        7.712560301447
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LULULEMON ATHLETICA INC
        549300D9GZ4BMLDW5T40
        LULULEMON ATHLETICA INC
        550021109
        
          
        
        22200.00000000
        NS
        USD
        8108106.00000000
        0.264292734597
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TRADE DESK INC (THE)
        549300GXPD31VT3E0P46
        TRADE DESK INC
        88339J105
        
          
        
        152770.00000000
        NS
        USD
        10579322.50000000
        0.344844785417
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ADVANCED MICRO DEVICES INC
        R2I72C950HOYXII45366
        ADVANCED MICRO DEVICES INC
        007903107
        
          
        
        190200.00000000
        NS
        USD
        20796468.00000000
        0.677884008631
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMAZON.COM INC
        ZXTILKJKG63JELOEG630
        AMAZON.COM INC
        023135106
        
          
        
        82245.00000000
        NS
        USD
        268114587.75000000
        8.739493240700
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        STRYKER CORP
        5493002F0SC4JTBU5137
        STRYKER CORP
        863667101
        
          
        
        71207.00000000
        NS
        USD
        19037191.45000000
        0.620538432449
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MICROSOFT CORP
        INR2EJN1ERAN0W5ZP974
        MICROSOFT CORP
        594918104
        
          
        
        562700.00000000
        NS
        USD
        173486037.00000000
        5.654970363385
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ENDEAVOR GROUP HOLDINGS INC
        N/A
        ENDEAVOR GROUP HOLDINGS INC
        29260Y109
        
          
        
        26700.00000000
        NS
        USD
        788184.00000000
        0.025691734262
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LAM RESEARCH CORP
        549300I4GMO6D34U1T02
        LAM RESEARCH CORP
        512807108
        
          
        
        38517.00000000
        NS
        USD
        20707124.37000000
        0.674971753624
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AXON ENTERPRISE INC
        549300QP2IEEGFE16681
        AXON ENTERPRISE INC
        05464C101
        
          
        
        115617.00000000
        NS
        USD
        15923929.41000000
        0.519058193035
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EPAM SYSTEMS INC
        549300XCR4R530HJP604
        EPAM SYSTEMS INC
        29414B104
        
          
        
        47686.00000000
        NS
        USD
        14144144.46000000
        0.461044122742
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INDUSTRIA DE DISENO TEXTIL INDITEX SA
        549300TTCXZOGZM2EY83
        INDITEX SA
        N/A
        
          
        
        316600.00000000
        NS
        
        6903459.53000000
        0.225025942848
        Long
        EC
        CORP
        ES
        N
        
        2
        
          N
          N
          N
        
      
      
        ADOBE INC
        FU4LY2G4933NH2E1CP29
        ADOBE INC
        00724F101
        
          
        
        81134.00000000
        NS
        USD
        36966273.08000000
        1.204956792644
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ATLASSIAN CORP PLC
        549300AGBII4MWBVJY22
        ATLASSIAN CORP PLC CLS A
        N/A
        
          
        
        70784.00000000
        NS
        USD
        20798462.72000000
        0.677949028748
        Long
        EC
        CORP
        GB
        
        N
        
        1
        
          N
          N
          N
        
      
      
        META PLATFORMS INC
        BQ4BKCS1HXDV9HN80Z93
        META PLATFORMS INC CL A
        30303M102
        
          
        
        293464.00000000
        NS
        USD
        65254655.04000000
        2.127048070872
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NEXTERA ENERGY INC
        N/A
        NEXTERA ENERGY INC
        65339F101
        
          
        
        87600.00000000
        NS
        USD
        7420596.00000000
        0.241882581355
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INTUIT INC
        VI90HBPH7XSFMB9E4M29
        INTUIT INC
        461202103
        
          
        
        35821.00000000
        NS
        USD
        17224169.64000000
        0.561440969731
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DATADOG INC
        549300F6JNO0KRPO1K63
        DATADOG INC CL A
        23804L103
        
          
        
        40700.00000000
        NS
        USD
        6164829.00000000
        0.200949459064
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HOYA CORP
        353800X4VR3BHEUCJB42
        HOYA CORP
        N/A
        
          
        
        109800.00000000
        NS
        
        12512575.84000000
        0.407861328602
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        BLACKROCK INC
        549300LRIF3NWCU26A80
        BLACKROCK INC
        09247X101
        
          
        
        12359.00000000
        NS
        USD
        9444377.03000000
        0.307849975299
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AUTODESK INC
        FRKKVKAIQEF3FCSTPG55
        AUTODESK INC
        052769106
        
          
        
        74229.00000000
        NS
        USD
        15910986.15000000
        0.518636293078
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CAESARS ENTERTAINMENT INC
        5299000BKFWWVND5L441
        CAESARS ENTERTAINMENT INC
        12769G100
        
          
        
        256700.00000000
        NS
        USD
        19858312.00000000
        0.647303770198
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HERMES INTL SCA
        969500Y4IJGHJE2MTJ13
        HERMES INTERNATIONAL SA
        N/A
        
          
        
        18900.00000000
        NS
        
        27002843.51000000
        0.880187722405
        Long
        EC
        CORP
        FR
        N
        
        1
        
          N
          N
          N
        
      
      
        CAPRI HOLDINGS LTD
        549300LPG8W0H1OX3A26
        CAPRI HOLDINGS LTD
        N/A
        
          
        
        473804.00000000
        NS
        USD
        24348787.56000000
        0.793675816320
        Long
        EC
        CORP
        VG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        10X GENOMICS INC
        5493003Z6741WNLG7H43
        10X GENOMICS INC
        88025U109
        
          
        
        14600.00000000
        NS
        USD
        1110622.00000000
        0.036201959555
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TDCX INC
        N/A
        TDCX INC SPON ADR
        87190U100
        
          
        
        8200.00000000
        NS
        USD
        99630.00000000
        0.003247550679
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        HASHICORP INC
        N/A
        HASHICORP INC
        418100103
        
          
        
        4600.00000000
        NS
        USD
        248400.00000000
        0.008096874322
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MONOLITHIC POWER SYSTEMS INC
        529900TB7O85LSZ1XU31
        MONOLITHIC POWER SYS INC
        609839105
        
          
        
        56800.00000000
        NS
        USD
        27586624.00000000
        0.899216696879
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PIONEER NATURAL RESOURCES CO
        FY8JBF7CCL2VE4F1B628
        PIONEER NATURAL RESOURCES CO
        723787107
        
          
        
        47900.00000000
        NS
        USD
        11976437.00000000
        0.390385286707
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ZEBRA TECHNOLOGIES CORP
        PO0I32GKZ3HZMMDPZZ08
        ZEBRA TECHNOLOGIES CORP CL A
        989207105
        
          
        
        28367.00000000
        NS
        USD
        11735427.90000000
        0.382529326992
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HDFC BANK LTD
        335800ZQ6I4E2JXENC50
        HDFC BANK LTD SPON ADR
        40415F101
        
          
        
        136998.00000000
        NS
        USD
        8402087.34000000
        0.273875383402
        Long
        EC
        CORP
        IN
        N
        
        1
        
          N
          N
          N
        
      
      
        RH
        5493008MTS3OGGMHGK69
        RH
        74967X103
        
          
        
        26346.00000000
        NS
        USD
        8591167.14000000
        0.280038649817
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TJX COMPANIES INC
        V167QI9I69W364E2DY52
        TJX COMPANIES INC NEW
        872540109
        
          
        
        245850.00000000
        NS
        USD
        14893593.00000000
        0.485473231596
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NOVANTA INC
        N/A
        NOVANTA INC
        67000B104
        
          
        
        130595.00000000
        NS
        USD
        18582362.55000000
        0.605712778498
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        TESLA INC
        54930043XZGB27CTOV49
        TESLA INC
        88160R101
        
          
        
        122030.00000000
        NS
        USD
        131499528.00000000
        4.286373396373
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ANSYS INC
        549300VJV8H15Z5FJ571
        ANSYS INC
        03662Q105
        
          
        
        33691.00000000
        NS
        USD
        10701946.15000000
        0.348841839696
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SNOWFLAKE INC
        254900CJNSY1K7T53Z16
        SNOWFLAKE INC CL A
        833445109
        
          
        
        24800.00000000
        NS
        USD
        5682424.00000000
        0.185224931457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MICROCHIP TECHNOLOGY INC
        5493007PTFULNYZJ1R12
        MICROCHIP TECHNOLOGY
        595017104
        
          
        
        555076.00000000
        NS
        USD
        41708410.64000000
        1.359532041608
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MARVELL TECHNOLOGY INC
        N/A
        MARVELL TECHNOLOGY INC
        573874104
        
          
        
        535600.00000000
        NS
        USD
        38407876.00000000
        1.251947443473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MARRIOTT INTERNATIONAL INC/MD
        225YDZ14ZO8E1TXUSU86
        MARRIOTT INTERNATIONAL INC A
        571903202
        
          
        
        70400.00000000
        NS
        USD
        12372800.00000000
        0.403305179609
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CINTAS CORP
        N/A
        CINTAS CORP
        172908105
        
          
        
        58403.00000000
        NS
        USD
        24844052.17000000
        0.809819517219
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LIVE NATION ENTERTAINMENT INC
        5493007B9BM9ZXJINO78
        LIVE NATION ENTERTAINMENT INC
        538034109
        
          
        
        246200.00000000
        NS
        USD
        28962968.00000000
        0.944080160616
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LAUDER ESTEE COS INC
        549300VFZ8XJ9NUPU221
        ESTEE LAUDER COS INC CL A
        518439104
        
          
        
        31900.00000000
        NS
        USD
        8687008.00000000
        0.283162689262
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BOOKING HOLDINGS INC
        FXM8FAOHMYDIPD38UZ17
        THE BOOKING HOLDINGS INC
        09857L108
        
          
        
        10700.00000000
        NS
        USD
        25128415.00000000
        0.819088639991
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NIKE INC
        787RXPR0UX0O0XUXPZ81
        NIKE INC CL B
        654106103
        
          
        
        273281.00000000
        NS
        USD
        36772691.36000000
        1.198646781139
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LVMH MOET HENNESSY LOUIS VUITTON SE
        IOG4E947OATN0KJYSD45
        LVMH MOET HENNESSY LOUIS VUITTON SE
        N/A
        
          
        
        33330.00000000
        NS
        
        23790929.86000000
        0.775491824023
        Long
        EC
        CORP
        FR
        N
        
        2
        
          N
          N
          N
        
      
      
        CADENCE DESIGN SYSTEMS INC
        GCT7RXJOGLXPV0NXZY22
        CADENCE DESIGN SYSTEMS INC
        127387108
        
          
        
        150769.00000000
        NS
        USD
        24795469.74000000
        0.808235918870
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BILL.COM HOLDINGS INC
        549300IBF9VZZIGOZW63
        BILL.COM HOLDINGS INC
        090043100
        
          
        
        37300.00000000
        NS
        USD
        8459267.00000000
        0.275739218026
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HORIZON THERAPEUTICS PLC
        N/A
        HORIZON THERAPEUTICS PLC
        N/A
        
          
        
        217800.00000000
        NS
        USD
        22914738.00000000
        0.746931375663
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        GLOBAL-E ONLINE LTD
        N/A
        GLOBAL-E ONLINE LTD
        N/A
        
          
        
        162300.00000000
        NS
        USD
        5482494.00000000
        0.178707990703
        Long
        EC
        CORP
        IL
        N
        
        1
        
          N
          N
          N
        
      
      
        GITLAB INC
        N/A
        GITLAB INC CL A
        37637K108
        
          
        
        2800.00000000
        NS
        USD
        152460.00000000
        0.004969603297
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AERCAP HOLDINGS NV
        549300SZYINBBLJQU475
        AERCAP HOLDINGS NV
        N/A
        
          
        
        203500.00000000
        NS
        USD
        10231980.00000000
        0.333522770243
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        FLOOR and DECOR HOLDINGS INC
        549300M5FR3N688XGQ36
        FLOOR and DECOR HOLDINGS INC
        339750101
        
          
        
        101400.00000000
        NS
        USD
        8213400.00000000
        0.267724909657
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BOSTON SCIENTIFIC CORP
        Y6ZDD9FP4P8JSSJMW954
        BOSTON SCIENTIFIC CORP
        101137107
        
          
        
        2192.00000000
        NS
        USD
        97083.68000000
        0.003164550546
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LILLY (ELI) and CO
        FRDRIPF3EKNDJ2CQJL29
        LILLY (ELI) and CO
        532457108
        
          
        
        157751.00000000
        NS
        USD
        45175153.87000000
        1.472534393625
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TOAST INC
        549300TN1PZNLCD4I551
        TOAST INC
        888787108
        
          
        
        8400.00000000
        NS
        USD
        182532.00000000
        0.005949833590
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        HEICO CORP NEW
        529900O1DTDLCJ7L0I14
        HEICO CORP CL A
        422806208
        
          
        
        192488.00000000
        NS
        USD
        24413253.04000000
        0.795777140352
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TRANSDIGM GROUP INC
        N/A
        TRANSDIGM GROUP INC
        893641100
        
          
        
        31177.00000000
        NS
        USD
        20313062.58000000
        0.662126871221
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DLOCAL LTD/URUGUAY
        N/A
        DLOCAL LTD/URUGUAY
        N/A
        
          
        
        39200.00000000
        NS
        USD
        1225392.00000000
        0.039943015376
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        INTERCONTINENTAL EXCHANGE INC
        5493000F4ZO33MV32P92
        INTERCONTINENTAL EXCHANGE INC
        45866F104
        
          
        
        118700.00000000
        NS
        USD
        15682644.00000000
        0.511193226689
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHEWY INC
        N/A
        CHEWY INC
        16679L109
        
          
        
        105550.00000000
        NS
        USD
        4304329.00000000
        0.140304391927
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        MONGODB INC
        549300TPTG69WKWE1Z37
        MONGODB INC CL A
        60937P106
        
          
        
        60884.00000000
        NS
        USD
        27007533.56000000
        0.880340599802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        QUALCOMM INC
        H1J8DDZKZP6H7RWC0H53
        QUALCOMM INC
        747525103
        
          
        
        149900.00000000
        NS
        USD
        22907718.00000000
        0.746702550953
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INTUITIVE SURGICAL INC
        54930052SRG011710797
        INTUITIVE SURGICAL INC
        46120E602
        
          
        
        70968.00000000
        NS
        USD
        21409626.24000000
        0.697870583546
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ZOETIS INC
        549300HD9Q1LOC9KLJ48
        ZOETIS INC CL A
        98978V103
        
          
        
        176300.00000000
        NS
        USD
        33248417.00000000
        1.083769137942
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ARES MANAGEMENT CORP
        529900JUV61FH7B8VW38
        ARES MANAGEMENT CORP CL A
        03990B101
        
          
        
        147100.00000000
        NS
        USD
        11948933.00000000
        0.389488763231
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GLOBALFOUNDRIES INC
        549300BA76VK784VMX48
        GLOBALFOUNDRIES INC
        N/A
        
          
        
        276500.00000000
        NS
        USD
        17259130.00000000
        0.562580541555
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        MONSTER BEVERAGE CORP NEW
        52990090AP0E7HCB6F33
        MONSTER BEVERAGE CORP
        61174X109
        
          
        
        147959.00000000
        NS
        USD
        11821924.10000000
        0.385348766850
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SALESFORCE COM INC
        RCGZFPDMRW58VJ54VR07
        SALESFORCE.COM INC
        79466L302
        
          
        
        116937.00000000
        NS
        USD
        24828063.84000000
        0.809298359818
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WEST PHARMACEUTICAL SVCS INC
        5493007NKRGM1RJQ1P16
        WEST PHARMACEUTICAL SVCS INC
        955306105
        
          
        
        59057.00000000
        NS
        USD
        24255300.47000000
        0.790628500625
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity Revere Street Trust
        549300BDV45LJNXBZC55
        Fidelity Cash Central Fund
        31635A105
        
          
        
        6455858.99200000
        NS
        USD
        6457150.16000000
        0.210477992454
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SNAP INC
        549300JNC0L6VP8A2Q35
        SNAP INC - A
        83304A106
        
          
        
        315900.00000000
        NS
        USD
        11369241.00000000
        0.370593057637
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COSTAR GROUP INC
        N/A
        COSTAR GROUP INC
        22160N109
        
          
        
        199570.00000000
        NS
        USD
        13293357.70000000
        0.433311781877
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BLOCK INC
        549300OHIIUWSTIZME52
        BLOCK INC CL A
        852234103
        
          
        
        29150.00000000
        NS
        USD
        3952740.00000000
        0.128843957362
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SARTORIUS STEDIM BIOTECH
        52990006IVXY7GCSSR39
        SARTORIUS STEDIM BIOTECH
        N/A
        
          
        
        32400.00000000
        NS
        
        13351331.28000000
        0.435201495208
        Long
        EC
        CORP
        FR
        N
        
        1
        
          N
          N
          N
        
      
      
        MEDLIVE TECHNOLOGY CO LTD
        N/A
        MEDLIVE TECHNOLOGY CO LTD
        N/A
        
          
        
        122000.00000000
        NS
        
        121763.48000000
        0.003969016081
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        DANAHER CORP
        S4BKK9OTCEWQ3YHPFM11
        DANAHER CORP
        235851102
        
          
        
        86900.00000000
        NS
        USD
        25490377.00000000
        0.830887194031
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VIMEO INC
        N/A
        VIMEO INC
        92719V100
        
          
        
        49885.00000000
        NS
        USD
        592633.80000000
        0.019317557961
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IDEXX LABORATORIES INC
        OGMTXK0LUU1HKV2P0J84
        IDEXX LABS INC
        45168D104
        
          
        
        53555.00000000
        NS
        USD
        29297798.30000000
        0.954994326713
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HOWMET AEROSPACE INC
        549300HO5WFZUT5N2T22
        HOWMET AEROSPACE INC
        443201108
        
          
        
        806800.00000000
        NS
        USD
        28996392.00000000
        0.945169653077
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TWILIO INC
        5493004W8TRGD63APX93
        TWILIO INC CLASS A
        90138F102
        
          
        
        44400.00000000
        NS
        USD
        7317564.00000000
        0.238524138701
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MONCLER SPA
        815600EBD7FB00525B20
        MONCLER SPA
        N/A
        
          
        
        185000.00000000
        NS
        
        10384258.15000000
        0.338486445937
        Long
        EC
        CORP
        IT
        N
        
        1
        
          N
          N
          N
        
      
      
        DIGITAL TURBINE INC
        549300D0WZR1VI2QGB24
        DIGITAL TURBINE INC
        25400W102
        
          
        
        105300.00000000
        NS
        USD
        4613193.00000000
        0.150372157590
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MSCI INC
        549300HTIN2PD78UB763
        MSCI INC
        55354G100
        
          
        
        36313.00000000
        NS
        USD
        18261081.44000000
        0.595240263321
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CCC INTELLIGENT SOLUTIONS HOLDINGS INC
        N/A
        CCC INTELLIGENT SOLUTIONS HOLD PIPE
        N/A
        
          
        
        27668.00000000
        NS
        USD
        305454.72000000
        0.009956636388
        Long
        EC
        CORP
        US
        Y
        
        1
        
          N
          N
          N
        
      
      
        CHIPOTLE MEXICAN GRILL INC
        N/A
        CHIPOTLE MEXICAN GRILL INC
        169656105
        
          
        
        14968.00000000
        NS
        USD
        23679825.04000000
        0.771870238821
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SHOPIFY INC
        549300HGQ43STJLLP808
        SHOPIFY INC CL A
        82509L107
        
          
        
        7400.00000000
        NS
        USD
        5002104.00000000
        0.163049144263
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity Revere Street Trust
        549300BDV45LJNXBZC55
        Fidelity Securities Lending Cash Central Fund
        31635A303
        
          
        
        21460251.43300000
        NS
        USD
        21462397.46000000
        0.699590720165
        Long
        STIV
        RF
        US
        N
        
        1
        
          
          N
          N
        
      
      
        NVIDIA CORP
        549300S4KLFTLO7GSQ80
        NVIDIA CORP
        67066G104
        
          
        
        526036.00000000
        NS
        USD
        143534182.96000000
        4.678656362249
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VICTORIA'S SECRET and CO
        5493006T3O70U3UWVF17
        VICTORIA'S SECRET and CO
        926400102
        
          
        
        66533.00000000
        NS
        USD
        3417134.88000000
        0.111385312664
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VEEVA SYS INC
        549300YZEXPDB92M2F02
        VEEVA SYS INC CL A
        922475108
        
          
        
        7000.00000000
        NS
        USD
        1487220.00000000
        0.048477590296
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MASTERCARD INC
        AR5L2ODV9HN37376R084
        MASTERCARD INC CL A
        57636Q104
        
          
        
        334237.00000000
        NS
        USD
        119449619.06000000
        3.893593210051
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ZILLOW GROUP INC
        2549002XEELQDIR6FU05
        ZILLOW GROUP INC
        98954M101
        
          
        
        32500.00000000
        NS
        USD
        1567475.00000000
        0.051093591297
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WAYFAIR INC
        54930027N9ZAVYFDHK53
        WAYFAIR INC
        94419L101
        
          
        
        18307.00000000
        NS
        USD
        2028049.46000000
        0.066106528168
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AIRBNB INC
        549300HMUDNO0RY56D37
        AIRBNB INC CLASS A
        009066101
        
          
        
        136300.00000000
        NS
        USD
        23410888.00000000
        0.763103936834
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BROOKFIELD ASSET MANAGEMENT INC
        C6J3FGIWG6MBDGTE8F80
        BROOKFIELD ASSET INC VTG CL A
        112585104
        
          
        
        251800.00000000
        NS
        USD
        14244326.00000000
        0.464309651481
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        INSPIRE MEDICAL SYSTEMS INC
        549300XQQCQ7HCJKTW25
        INSPIRE MEDICAL SYSTEMS INC
        457730109
        
          
        
        42400.00000000
        NS
        USD
        10883656.00000000
        0.354764874393
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CABLE ONE INC
        549300648QS85T0XSH18
        CABLE ONE INC
        12685J105
        
          
        
        8794.00000000
        NS
        USD
        12876526.56000000
        0.419724707182
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        FIVE9 INC
        254900MXP6EWY0SFFR59
        FIVE9 INC
        338307101
        
          
        
        92087.00000000
        NS
        USD
        10166404.80000000
        0.331385273652
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COMPASS GROUP PLC
        2138008M6MH9OZ6U2T68
        COMPASS GROUP PLC
        N/A
        
          
        
        966216.00000000
        NS
        
        20793060.58000000
        0.677772939985
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        RENESAS ELECTRONICS CORP
        5299000EPC47VJQOFB81
        RENESAS ELECTRONICS CORP
        N/A
        
          
        
        276900.00000000
        NS
        
        3208431.74000000
        0.104582401652
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        COUPA SOFTWARE INC
        549300Q95ICR2GFL2K37
        COUPA SOFTWARE INC
        22266L106
        
          
        
        31064.00000000
        NS
        USD
        3157034.32000000
        0.102907045572
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ETSY INC
        54930089Q7XT501AEA40
        ETSY INC
        29786A106
        
          
        
        86900.00000000
        NS
        USD
        10799932.00000000
        0.352035797477
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FARFETCH LTD
        549300QFQ74Z0F96NS78
        FARFETCH LTD CL A
        30744W107
        
          
        
        496800.00000000
        NS
        USD
        7511616.00000000
        0.244849479506
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          
        
      
      
        HILTON WORLDWIDE HOLDINGS INC
        549300HVGPK36ICB0B89
        HILTON WORLDWIDE HOLDINGS INC
        43300A203
        
          
        
        163324.00000000
        NS
        USD
        24782783.76000000
        0.807822405240
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INSULET CORP
        549300TZTYD2PYN92D43
        INSULET CORP
        45784P101
        
          
        
        38813.00000000
        NS
        USD
        10339395.07000000
        0.337024083939
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CALLAWAY GOLF CO
        5493005UB0KFRKBPCU72
        CALLAWAY GOLF CO
        131193104
        
          
        
        58854.00000000
        NS
        USD
        1378360.68000000
        0.044929199664
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        MOODYS CORP
        549300GCEDD8YCF5WU84
        MOODYS CORP
        615369105
        
          
        
        59511.00000000
        NS
        USD
        20079606.51000000
        0.654517110921
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RINGCENTRAL INC
        549300C8EH0H1614VE84
        RINGCENTRAL INC CL A
        76680R206
        
          
        
        30838.00000000
        NS
        USD
        3614521.98000000
        0.117819364763
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BROOKFIELD RENEWABLE CORP
        N/A
        BROOKFIELD RENEWABLE CORP
        11284V105
        
          
        
        133763.00000000
        NS
        USD
        5858819.40000000
        0.190974735744
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          
        
      
      
        MASIMO CORP
        549300Q4A8JK0PIYCU29
        MASIMO CORP
        574795100
        
          
        
        77587.00000000
        NS
        USD
        11292011.98000000
        0.368075691820
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ALPHABET INC
        5493006MHB84DD0ZWV18
        ALPHABET INC CL A
        02079K305
        
          
        
        85867.00000000
        NS
        USD
        238826180.45000000
        7.784805024079
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UBER TECHNOLOGIES INC
        549300B2FTG34FILDR98
        UBER TECHNOLOGIES INC
        90353T100
        
          
        
        575565.00000000
        NS
        USD
        20536159.20000000
        0.669398953725
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RALPH LAUREN CORP
        HO1QNWM0IXBZ0QSMMO20
        RALPH LAUREN CORP
        751212101
        
          
        
        59400.00000000
        NS
        USD
        6738336.00000000
        0.219643557703
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-04-30
      Stacie M. Smith
      Stacie M. Smith
      Stacie M. Smith
      President and Treasurer
    
  
  XXXX



Quarterly Holdings Report
for
Fidelity® Trend Fund
March 31, 2022
TRE-NPRT1-0522
1.799849.118
Common Stocks - 99.8%
 
 
Shares
Value ($)
(000s)
 
COMMUNICATION SERVICES - 12.1%
 
 
 
Entertainment - 0.9%
 
 
 
Endeavor Group Holdings, Inc. (a)
 
26,700
788
Live Nation Entertainment, Inc. (a)
 
246,200
28,963
 
 
 
29,751
Interactive Media & Services - 10.4%
 
 
 
Alphabet, Inc. Class A (a)
 
85,867
238,826
IAC (a)
 
28,527
2,861
Meta Platforms, Inc. Class A (a)
 
293,464
65,255
Snap, Inc. Class A (a)
 
315,900
11,369
Vimeo, Inc. (a)
 
49,885
593
 
 
 
318,904
Media - 0.8%
 
 
 
Cable One, Inc. (b)
 
8,794
12,877
Charter Communications, Inc. Class A (a)
 
20,100
10,965
 
 
 
23,842
TOTAL COMMUNICATION SERVICES
 
 
372,497
CONSUMER DISCRETIONARY - 24.8%
 
 
 
Automobiles - 4.3%
 
 
 
Tesla, Inc. (a)
 
122,030
131,500
Hotels, Restaurants & Leisure - 4.9%
 
 
 
Airbnb, Inc. Class A (a)
 
136,300
23,411
Booking Holdings, Inc. (a)
 
10,700
25,128
Caesars Entertainment, Inc. (a)
 
256,700
19,858
Chipotle Mexican Grill, Inc. (a)
 
14,968
23,680
Compass Group PLC
 
966,216
20,793
Hilton Worldwide Holdings, Inc. (a)
 
163,324
24,783
Marriott International, Inc. Class A (a)
 
70,400
12,373
 
 
 
150,026
Internet & Direct Marketing Retail - 9.7%
 
 
 
Amazon.com, Inc. (a)
 
82,245
268,120
Chewy, Inc. (a)(b)
 
105,550
4,304
Etsy, Inc. (a)
 
86,900
10,800
Farfetch Ltd. Class A (a)(b)
 
496,800
7,512
Global-e Online Ltd. (a)
 
162,300
5,482
Wayfair LLC Class A (a)
 
18,307
2,028
 
 
 
298,246
Leisure Products - 0.0%
 
 
 
Callaway Golf Co. (a)(b)
 
58,854
1,378
Specialty Retail - 1.4%
 
 
 
Floor & Decor Holdings, Inc. Class A (a)
 
101,400
8,213
Industria de Diseno Textil SA
 
316,600
6,903
RH (a)
 
26,346
8,591
TJX Companies, Inc.
 
245,850
14,894
Victoria's Secret & Co. (a)
 
66,533
3,417
 
 
 
42,018
Textiles, Apparel & Luxury Goods - 4.5%
 
 
 
Capri Holdings Ltd. (a)
 
473,804
24,349
Hermes International SCA
 
18,900
27,003
lululemon athletica, Inc. (a)
 
22,200
8,108
LVMH Moet Hennessy Louis Vuitton SE
 
33,330
23,791
Moncler SpA
 
185,000
10,384
NIKE, Inc. Class B
 
273,281
36,773
Ralph Lauren Corp.
 
59,400
6,738
 
 
 
137,146
TOTAL CONSUMER DISCRETIONARY
 
 
760,314
CONSUMER STAPLES - 1.3%
 
 
 
Beverages - 0.4%
 
 
 
Monster Beverage Corp. (a)
 
147,959
11,822
Food & Staples Retailing - 0.6%
 
 
 
Costco Wholesale Corp.
 
32,647
18,800
Personal Products - 0.3%
 
 
 
Estee Lauder Companies, Inc. Class A
 
31,900
8,687
TOTAL CONSUMER STAPLES
 
 
39,309
ENERGY - 0.4%
 
 
 
Oil, Gas & Consumable Fuels - 0.4%
 
 
 
Pioneer Natural Resources Co.
 
47,900
11,976
FINANCIALS - 3.2%
 
 
 
Banks - 0.3%
 
 
 
HDFC Bank Ltd. sponsored ADR
 
136,998
8,402
Capital Markets - 2.9%
 
 
 
Ares Management Corp.
 
147,100
11,949
BlackRock, Inc. Class A
 
12,359
9,444
Brookfield Asset Management, Inc. Class A
 
251,800
14,244
Intercontinental Exchange, Inc.
 
118,700
15,683
Moody's Corp.
 
59,511
20,080
MSCI, Inc.
 
36,313
18,261
 
 
 
89,661
Insurance - 0.0%
 
 
 
Brookfield Asset Management Reinsurance Partners Ltd. (b)
 
1,826
104
TOTAL FINANCIALS
 
 
98,167
HEALTH CARE - 10.3%
 
 
 
Biotechnology - 0.7%
 
 
 
Horizon Therapeutics PLC (a)
 
217,800
22,915
Health Care Equipment & Supplies - 3.8%
 
 
 
Align Technology, Inc. (a)
 
28,200
12,295
Boston Scientific Corp. (a)
 
2,192
97
Hoya Corp.
 
109,800
12,513
IDEXX Laboratories, Inc. (a)
 
53,555
29,298
Insulet Corp. (a)
 
38,813
10,339
Intuitive Surgical, Inc. (a)
 
70,968
21,410
Masimo Corp. (a)
 
77,587
11,292
Stryker Corp.
 
71,207
19,037
 
 
 
116,281
Health Care Technology - 0.4%
 
 
 
Inspire Medical Systems, Inc. (a)
 
42,400
10,884
Medlive Technology Co. Ltd. (c)
 
122,000
122
Veeva Systems, Inc. Class A (a)
 
7,000
1,487
 
 
 
12,493
Life Sciences Tools & Services - 2.8%
 
 
 
10X Genomics, Inc. (a)
 
14,600
1,111
Danaher Corp.
 
86,900
25,490
Sartorius Stedim Biotech
 
32,400
13,351
Thermo Fisher Scientific, Inc.
 
37,160
21,949
West Pharmaceutical Services, Inc.
 
59,057
24,255
 
 
 
86,156
Pharmaceuticals - 2.6%
 
 
 
Eli Lilly & Co.
 
157,751
45,175
Zoetis, Inc. Class A
 
176,300
33,248
 
 
 
78,423
TOTAL HEALTH CARE
 
 
316,268
INDUSTRIALS - 6.2%
 
 
 
Aerospace & Defense - 2.9%
 
 
 
Axon Enterprise, Inc. (a)
 
115,617
15,924
HEICO Corp. Class A
 
192,488
24,413
Howmet Aerospace, Inc.
 
806,800
28,996
TransDigm Group, Inc. (a)
 
31,177
20,313
 
 
 
89,646
Commercial Services & Supplies - 0.8%
 
 
 
Cintas Corp.
 
58,403
24,844
Machinery - 0.4%
 
 
 
Nordson Corp.
 
58,533
13,292
Professional Services - 0.4%
 
 
 
CoStar Group, Inc. (a)
 
199,570
13,293
Road & Rail - 1.3%
 
 
 
Old Dominion Freight Lines, Inc.
 
59,400
17,742
Uber Technologies, Inc. (a)
 
575,565
20,536
 
 
 
38,278
Trading Companies & Distributors - 0.4%
 
 
 
AerCap Holdings NV (a)
 
203,500
10,232
TOTAL INDUSTRIALS
 
 
189,585
INFORMATION TECHNOLOGY - 41.1%
 
 
 
Electronic Equipment & Components - 1.0%
 
 
 
Novanta, Inc. (a)
 
130,595
18,582
Zebra Technologies Corp. Class A (a)
 
28,367
11,735
 
 
 
30,317
IT Services - 8.6%
 
 
 
Block, Inc. Class A (a)
 
29,150
3,953
Cloudflare, Inc. (a)
 
82,746
9,905
Dlocal Ltd.
 
39,200
1,225
EPAM Systems, Inc. (a)
 
47,686
14,144
Gartner, Inc. (a)
 
86,430
25,709
Globant SA (a)
 
163,831
42,935
MasterCard, Inc. Class A
 
334,237
119,450
MongoDB, Inc. Class A (a)
 
60,884
27,008
Shopify, Inc. Class A (a)
 
7,400
5,002
Snowflake, Inc. (a)
 
24,800
5,682
TDCX, Inc. ADR
 
8,200
100
Toast, Inc. (b)
 
8,400
183
Twilio, Inc. Class A (a)
 
44,400
7,318
 
 
 
262,614
Semiconductors & Semiconductor Equipment - 11.7%
 
 
 
Advanced Micro Devices, Inc. (a)
 
190,200
20,796
ASML Holding NV
 
32,102
21,442
GlobalFoundries, Inc.
 
276,500
17,259
Lam Research Corp.
 
38,517
20,707
Marvell Technology, Inc.
 
535,600
38,408
Microchip Technology, Inc.
 
555,076
41,708
Monolithic Power Systems, Inc.
 
56,800
27,587
NVIDIA Corp.
 
526,036
143,534
Qualcomm, Inc.
 
149,900
22,908
Renesas Electronics Corp. (a)
 
276,900
3,208
 
 
 
357,557
Software - 12.1%
 
 
 
Adobe, Inc. (a)
 
81,134
36,966
ANSYS, Inc. (a)
 
33,691
10,702
Atlassian Corp. PLC (a)
 
70,784
20,798
Autodesk, Inc. (a)
 
74,229
15,911
Bill.Com Holdings, Inc. (a)
 
37,300
8,459
Cadence Design Systems, Inc. (a)
 
150,769
24,795
CCC Intelligent Solutions Holdings, Inc. (d)
 
27,668
305
Coupa Software, Inc. (a)
 
31,064
3,157
Datadog, Inc. Class A (a)
 
40,700
6,165
Digital Turbine, Inc. (a)
 
105,300
4,613
Five9, Inc. (a)
 
92,087
10,166
GitLab, Inc.
 
2,800
152
HashiCorp, Inc.
 
4,600
248
Intuit, Inc.
 
35,821
17,224
Microsoft Corp.
 
562,700
173,486
RingCentral, Inc. (a)
 
30,838
3,615
Salesforce.com, Inc. (a)
 
116,937
24,828
The Trade Desk, Inc. (a)
 
152,770
10,579
 
 
 
372,169
Technology Hardware, Storage & Peripherals - 7.7%
 
 
 
Apple, Inc.
 
1,355,076
236,610
TOTAL INFORMATION TECHNOLOGY
 
 
1,259,267
REAL ESTATE - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Zillow Group, Inc. Class A (a)
 
32,500
1,567
UTILITIES - 0.4%
 
 
 
Electric Utilities - 0.2%
 
 
 
NextEra Energy, Inc.
 
87,600
7,421
Independent Power and Renewable Electricity Producers - 0.2%
 
 
 
Brookfield Renewable Corp. (b)
 
133,763
5,859
TOTAL UTILITIES
 
 
13,280
 
TOTAL COMMON STOCKS
 (Cost $1,592,518)
 
 
 
3,062,230
 
 
 
 
Money Market Funds - 0.9%
 
 
Shares
Value ($)
(000s)
 
Fidelity Cash Central Fund 0.31% (e)
 
6,455,859
6,457
Fidelity Securities Lending Cash Central Fund 0.31% (e)(f)
 
20,445,885
20,448
 
TOTAL MONEY MARKET FUNDS
 (Cost $26,905)
 
 
26,905
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.7%
 (Cost $1,619,423)
 
 
 
3,089,135
NET OTHER ASSETS (LIABILITIES) - (0.7)%  
(22,176)
NET ASSETS - 100.0%
3,066,959
 
 
 
Any values shown as $0 in the Schedule of Investments may reflect amounts less than $500.
 
Legend
 
(a)
Non-income producing
 
(b)
Security or a portion of the security is on loan at period end.
 
(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 $122,000 or 0.0% of net assets.
 
(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 $305,000 or 0.0% 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.
 
 
 
Additional information on each restricted holding is as follows:
Security
Acquisition Date
Acquisition Cost ($)
(000s)
CCC Intelligent Solutions Holdings, Inc.
2/02/21
277
 
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 (Amounts in thousands)
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
%ownership,
end
of period
Fidelity Cash Central Fund 0.31%
4,208
72,278
70,029
2
-
-
6,457
0.0%
Fidelity Securities Lending Cash Central Fund 0.31%
29,085
84,977
93,614
7
-
-
20,448
0.0%
Total
33,293
157,255
163,643
9
-
-
26,905
 
 
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
 
Amount 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 payments 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 delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.   
 
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 vendor 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.
 
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings