# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000035402-25-001464
**Filing Date:** 2025-10
**Character Count:** 14161
**Document Hash:** 8e4d8b20247d55ec81b384f672bb1ed7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-001464.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0000035402-25-001464

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SELECT PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000320351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03114
- **FILM NUMBER:** 251424522

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Telecommunications Portfolio (Series ID: S000007485)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000020459 | Telecommunications Portfolio                      | FSTCX           |
| C000040631 | Fidelity Advisor Telecommunications Fund: Class A | FTUAX           |
| C000040633 | Fidelity Advisor Telecommunications Fund: Class C | FTUCX           |
| C000040634 | Fidelity Advisor Telecommunications Fund: Class M | FTUTX           |
| C000040635 | Fidelity Advisor Telecommunications Fund: Class I | FTUIX           |
| C000205045 | Fidelity Advisor Telecommunications Fund: Class Z | FIJGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Select Portfolios

- **b. Investment Company Act file number:** 811-03114

- **c. CIK number of Registrant:** 0000320351

- **d. LEI of Registrant:** Z57125JG1LHEQKDYS630

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Select Telecommunications Portfolio

- **b. EDGAR series identifier (if any):** S000007485

- **c. LEI of Series:** 1HEB0K54PXJOB1DB9N04

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $266203306.25

**Total Liabilities:** $17339390.74

**Net Assets:** $248863915.51

**Cash Not Reported:** $1080433.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000040633 | 8.28%                | -1.03%               | 2.80%                |
| Class ID C000020459 | 8.38%                | -0.95%               | 2.90%                |
| Class ID C000040631 | 8.35%                | -0.97%               | 2.88%                |
| Class ID C000040634 | 8.32%                | -0.98%               | 2.85%                |
| Class ID C000205045 | 8.37%                | -0.94%               | 2.92%                |
| Class ID C000040635 | 8.37%                | -0.96%               | 2.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $107587.24               | $20776378.99                               |
| Month 2  | $2797280.78              | $-6504981.97                               |
| Month 3  | $404690.36               | $5505804.96                                |

### Schedule of Portfolio Investments

| Name                               | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LIBERTY BROADBAND CORP             | LIBERTY BROADBAND CORP C                      | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     20224 | NS      | $1230832.64   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS INC         | CHARTER COMMUNICATIONS INC A                  | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      9400 | NS      | $2496452.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALSTAR INC                     | GLOBALSTAR INC                                | CUSIP: 378973507<br>LEI: 549300NEX8I0MSOW0R64 | Long             | EC               | CORP              | US        |    232498 | NS      | $6958665.14   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| AT and T INC                       | AT and T INC                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   1623920 | NS      | $47564616.80  | 19.11%            |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY LATIN AMERICA LTD          | LIBERTY LATIN AMERICA LTD CL C                | CUSIP: N/A<br>LEI: 213800YWQHEAX7CAVO83       | Long             | EC               | CORP              | BM        |   1255333 | NS      | $10343943.92  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY DIGITAL INFRASTRUCTURE INC   | ARRAY DIGITAL INFRASTRUCTURE INC              | CUSIP: 911684108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45900 | NS      | $2470797.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                    | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     59624 | NS      | $15024651.76  | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IRIDIUM COMMUNICATIONS INC         | IRIDIUM COMMUNICATIONS INC                    | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    311411 | NS      | $7751019.79   | 3.11%             |  |  |  | No            |                  1 | On Loan: —       |
| AST SPACEMOBILE INC                | AST SPACEMOBILE INC                           | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |    216500 | NS      | $10595510.00  | 4.26%             |  |  |  | No            |                  1 | On Loan: —       |
| DYCOM INDUSTRIES INC               | DYCOM INDUSTRIES INC                          | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      1400 | NS      | $353458.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI LIBERTY INC.                   | GCI LIBERTY INC. - CL C                       | CUSIP: 36164V800<br>LEI: 549300N3IE9H88Q20221 | Long             | EC               | CORP              | US        |    179324 | NS      | $6570431.36   | 2.64%             |  |  |  | No            |                  1 | On Loan: —       |
| BANDWIDTH INC                      | BANDWIDTH INC                                 | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |     14100 | NS      | $211500.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT CORP                           | IDT CORP CL B NEW                             | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |     93200 | NS      | $5971324.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTIER COMMUNICATIONS PARENT INC | FRONTIER COMMUNICATIONS PARENT INC            | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    312000 | NS      | $11568960.00  | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SHENANDOAH TELECOM CO              | SHENANDOAH TELECOM CO                         | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |    139323 | NS      | $1846029.75   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| ANTERIX INC                        | ANTERIX INC                                   | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |    150300 | NS      | $3568122.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| COGENT COMMUNICATIONS HOLDINGS INC | COGENT COMMUNICATIONS HOLDINGS INC            | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218939 | NS      | $8370037.97   | 3.36%             |  |  |  | No            |                  1 | On Loan: —       |
| GCI LIBERTY INC                    | GCI LIBERTY INC CL A ESCROW LINE              | CUSIP: N/A<br>LEI: 5493003JDENERRDYFN86       | Long             | EC               | CORP              | US        |    182800 | NS      | $1.83         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| COMCAST CORP                       | COMCAST CORP CL A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    108000 | NS      | $3668760.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC         | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |   1322997 | NS      | $58516157.31  | 23.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   1222993 | NS      | $1223237.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE and DATA SYSTEMS INC     | TELEPHONE and DATA SYSTEMS INC                | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217764 | NS      | $8730158.76   | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GOGO INC                           | GOGO INC                                      | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |    775200 | NS      | $8511696.00   | 3.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Revere Street Trust       | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  17162310 | NS      | $17164026.26  | 6.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BT GROUP PLC                       | BT GROUP PLC                                  | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   1188800 | NS      | $3478683.18   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                | AMERICAN TOWER CORP                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1800 | NS      | $366930.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                     | AMDOCS LTD                                    | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     16900 | NS      | $1446133.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY GLOBAL LTD                 | LIBERTY GLOBAL LTD C                          | CUSIP: N/A<br>LEI: 213800HRMKKTYH7SKA24       | Long             | EC               | CORP              | BM        |    685536 | NS      | $8192155.20   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMEN TECHNOLOGIES                 | LUMEN TECHNOLOGIES INC                        | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |   2120800 | NS      | $10540376.00  | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer