# EDGAR Filing Document

**Accession Number:** 0001898391
**File Stem:** 0000035402-25-002973
**Filing Date:** 2025-12
**Character Count:** 54853
**Document Hash:** 6e505c7ed98fedc2526914a5c30846b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-002973.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000035402-25-002973

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fidelity Greenwood Street Trust
- **CENTRAL INDEX KEY:** 0001898391

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23762
- **FILM NUMBER:** 251599936

**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

### Fidelity SAI Merger Arbitrage Fund (Series ID: S000091043)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000258438 | Fidelity SAI Merger Arbitrage Fund | FMADX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® SAI Merger Arbitrage Fund**

**October 31, 2025**

Offered exclusively to certain clients of the Adviser, or its affiliates, including Strategic Advisers LLC (Strategic Advisers) - not available for sale to the general public. Fidelity® SAI is a product name of Fidelity® funds dedicated to certain programs affiliated with Strategic Advisers.

FSM-NPRT3-1225

1.9918585.100 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 81.2%** | &nbsp;&nbsp;**Common Stocks - 81.2%** | &nbsp;&nbsp;**Common Stocks - 81.2%** |
|  | Shares | Value ($)<br>|
| BERMUDA - 1.6%  |  |  |
| Financials - 1.6% |  |  |
| Insurance - 1.6% |  |  |
| Aspen Insurance Holdings Ltd (b) | 100000 | 3675000 |
| ISRAEL - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| Software - 0.2% |  |  |
| Sapiens International Corp NV  | 9394 | 404412 |
| NETHERLANDS - 1.0%  |  |  |
| Health Care - 1.0% |  |  |
| Biotechnology - 1.0% |  |  |
| Merus NV (b) | 25000 | 2371500 |
| UNITED STATES - 78.4%  |  |  |
| Communication Services - 17.7% |  |  |
| Diversified Telecommunication Services - 8.3% |  |  |
| Frontier Communications Parent Inc (b) | 500000 | 18880000 |
| Entertainment - 5.7% |  |  |
| Electronic Arts Inc  | 65000 | 13003900 |
| Interactive Media & Services - 0.8% |  |  |
| Vimeo Inc Class A (b) | 250000 | 1950000 |
| Media - 2.9% |  |  |
| Interpublic Group of Cos Inc/The  | 50000 | 1283000 |
| TEGNA Inc  | 253062 | 4977730 |
| WideOpenWest Inc (b) | 50000 | 256500 |
|  |  | 6517230 |
| TOTAL COMMUNICATION SERVICES |  | 40351130 |
| Consumer Staples - 5.5% |  |  |
| Food Products - 5.5% |  |  |
| Kellanova  | 150000 | 12458999 |
| Financials - 6.7% |  |  |
| Banks - 0.8% |  |  |
| JPMorgan Chase & Co  | 5960 | 1854275 |
| Capital Markets - 1.0% |  |  |
| Goldman Sachs Group Inc/The  | 2750 | 2170768 |
| Financial Services - 4.1% |  |  |
| Mastercard Inc Class A  | 17000 | 9383830 |
| Insurance - 0.8% |  |  |
| ProAssurance Corp (b) | 75000 | 1796250 |
| TOTAL FINANCIALS |  | 15205123 |
| Health Care - 7.9% |  |  |
| Biotechnology - 4.2% |  |  |
| Avidity Biosciences Inc (b) | 85000 | 5937250 |
| Metsera Inc (b) | 55000 | 3467200 |
|  |  | 9404450 |
| Health Care Equipment & Supplies - 3.5% |  |  |
| Hologic Inc (b) | 90000 | 6651900 |
| STAAR Surgical Co (b) | 50000 | 1293500 |
| Surmodics Inc (b) | 213 | 5844 |
|  |  | 7951244 |
| Health Care Providers & Services - 0.2% |  |  |
| Cross Country Healthcare Inc (b) | 40671 | 498626 |
| TOTAL HEALTH CARE |  | 17854320 |
| Industrials - 14.6% |  |  |
| Aerospace & Defense - 0.8% |  |  |
| Spirit AeroSystems Holdings Inc Class A (b) | 50000 | 1834500 |
| Ground Transportation - 2.5% |  |  |
| Norfolk Southern Corp  | 20000 | 5667600 |
| Machinery - 9.8% |  |  |
| Chart Industries Inc (b) | 100000 | 19962000 |
| Hillenbrand Inc  | 75000 | 2370000 |
|  |  | 22332000 |
| Professional Services - 1.5% |  |  |
| Dawn Bidco LLC (b) | 50000 | 3437000 |
| TOTAL INDUSTRIALS |  | 33271100 |
| Information Technology - 26.0% |  |  |
| Semiconductors & Semiconductor Equipment - 5.5% |  |  |
| NVIDIA Corp  | 62000 | 12554380 |
| Software - 16.7% |  |  |
| CyberArk Software Ltd (b) | 30000 | 15623400 |
| Informatica Inc Class A (b) | 650000 | 16165500 |
| Microsoft Corp  | 1050 | 543701 |
| Verint Systems Inc (b) | 265000 | 5374200 |
|  |  | 37706801 |
| Technology Hardware, Storage & Peripherals - 3.8% |  |  |
| Apple Inc  | 32300 | 8732951 |
| TOTAL INFORMATION TECHNOLOGY |  | 58994132 |
| TOTAL UNITED STATES |  | 178134804 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $179,865,185) |  | <br> **184585716** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 6.5%** | &nbsp;&nbsp;**Domestic Equity Funds - 6.5%** | &nbsp;&nbsp;**Domestic Equity Funds - 6.5%** |
|  | Shares | Value ($)<br>|
| iShares Core S&P 500 ETF  | 10800 | 7400484 |
| Vanguard 500 Index Fund, ETF Shares  | 11700 | 7336368 |
| <br> **TOTAL DOMESTIC EQUITY FUNDS**<br> (Cost $13,710,695) |  | **14736852** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 11.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 11.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 11.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 11.4%** |
|  | Yield (%) (c) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 11/25/2025 (d) | 3.95 | 12000000 | 11971554 |
| US Treasury Bills 0% 12/2/2025 (d) | 3.98 | 14000000 | 13956282 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $25,920,770) |  |  | **25927836** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** | &nbsp;&nbsp;**Money Market Funds - 5.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e)<br>(Cost $11,346,879)<br>| 4.18 | 11344610 | **11346879** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Options - 0.2%** | **Purchased Options - 0.2%** | **Purchased Options - 0.2%** | **Purchased Options - 0.2%** | **Purchased Options - 0.2%** | **Purchased Options - 0.2%** | **Purchased Options - 0.2%** |
|  | Counterparty | Number<br> of Contracts | Notional Amount ($) | Exercise<br> Price ($) | Expiration<br> Date | Value ($) |
| Call Options |  |  |  |  |  |  |
| Verint Systems Inc | Chicago Board Options Exchange | 1447 | 2934516 | 22.5 | 12/19/2025 | 3617 |
| Warner Bros Discovery Inc | Chicago Board Options Exchange | 3000 | 6735000 | 22.5 | 1/16/2026 | 627000 |
|  |  |  |  |  |  | **630617** |
| **TOTAL PURCHASED OPTIONS**<br> (Cost $295,939) |  |  |  |  |  | **630617** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 104.3%**<br> (Cost $231,139,468)<br>| <br>**237227900** |
| **NET OTHER ASSETS (LIABILITIES) - (4.3)%**  | **(9862121)** |
| **NET ASSETS - 100.0%** | **227365779** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** |
| Underlying Reference | Pay/<br> Receive<br> Reference | Reference<br> Payment<br> Frequency | Financing<br> Rate | Financing<br> Frequency | Counterparty | Maturity<br> Date | Units | Notional<br> Amount | Value ($)<br>| Upfront<br> Premium<br> Received/<br> (Paid) ($)<br>| Unrealized <br> Appreciation/<br> (Depreciation) ($)<br>|
| iShares Core S&P 500 ETF | Pay | Monthly | U.S. SOFR Index plus 45 basis points | Monthly | Goldman Sachs International | 11/11/2025 | 10800 | 7262136 | (116746) | 0 | (116746) |
| JPMorgan Chase & Co | Pay | Monthly | U.S. SOFR Index plus 45.5 basis points | Monthly | Goldman Sachs International | 11/17/2025 | 5960 | 1833832 | (14982) | 0 | (14982) |
| Vanguard S&P 500 ETF | Pay | Monthly | U.S. SOFR Index plus 44 basis points | Monthly | Goldman Sachs International | 11/10/2025 | 11700 | 7197840 | (117163) | 0 | (117163) |
| **TOTAL RETURN SWAPS** |  |  |  |  |  |  |  |  | **(248891)** | **0** | **(248891)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** | **Total Return Swaps** |
| Underlying Reference | Counterparty | Maturity Date | Absolute Notional Value<br> ($)  | Unrealized <br> Appreciation/<br> (Depreciation) ($) <br>| Net Cash and Other Receivables/<br> (Payables) ($) | Value ($) <br>|
| The Fund receives the total return on a portfolio of long and short positions and pays or receives the U.S. SOFR Index ranging from 3.87% to 4.11% plus or minus a specified spread ranging from (0.15)% to 0.55% , which is denominated in U.S. dollars based on the local currencies of the positions within the swap | BNP Paribas SA/New York NY | Jun 2026 | 56655506 | (2676855) | 119987 | (2556868) |
| The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. |
| Reference Entity |  |  |  | Shares/Principal<br> Amount (a)<br>| Notional Value ($)<br>| Unrealized <br> Appreciation/<br> (Depreciation) ($) |
| **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -3.7%  |  |  |  |  |  |  |
| **Communication Services - 3.7%**  |  |  |  |  |  |  |
| **Media - 3.7%**  |  |  |  |  |  |  |
| Interpublic Group of Cos Inc/The  |  |  |  | 74883 | 1921498 | (94963) |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | 1921498 | (94963) |
| TOTAL UNITED STATES |  |  |  |  | 1921498 | (94963) |
| **TOTAL LONG** |  |  |  |  | **1921498** | **(94963)** |
| **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -101.0%  |  |  |  |  |  |  |
| **Communication Services - (6.6)%**  |  |  |  |  |  |  |
| **Entertainment - 0.2%**  |  |  |  |  |  |  |
| Warner Bros Discovery Inc (1)  |  |  |  | (5000) | (112250) | (5515) |
| **Media - (6.8)%**  |  |  |  |  |  |  |
| Omnicom Group Inc  |  |  |  | (42960) | (3222859) | 174657 |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | (3335109) | 169142 |
| **Financials - (4.9)%**  |  |  |  |  |  |  |
| **Capital Markets - 2.3%**  |  |  |  |  |  |  |
| Goldman Sachs Group Inc/The  |  |  |  | (2750) | (2170768) | (58960) |
| **Financial Services - (7.2)%**  |  |  |  |  |  |  |
| Mastercard Inc Class A  |  |  |  | (17000) | (9383830) | 183940 |
| TOTAL FINANCIALS |  |  |  |  | (11554598) | 124980 |
| **Industrials - (4.2)%**  |  |  |  |  |  |  |
| **Aerospace & Defense - (2.5)%**  |  |  |  |  |  |  |
| Boeing Co (1)  |  |  |  | (5000) | (1005100) | 63785 |
| **Ground Transportation - (1.7)%**  |  |  |  |  |  |  |
| Union Pacific Corp  |  |  |  | (11204) | (2469025) | 42832 |
| TOTAL INDUSTRIALS |  |  |  |  | (3474125) | 106617 |
| **Information Technology - 116.7%**  |  |  |  |  |  |  |
| **Semiconductors & Semiconductor Equipment - 54.9%**  |  |  |  |  |  |  |
| NVIDIA Corp  |  |  |  | (62000) | (12554380) | (1404920) |
| **Software - 35.2%**  |  |  |  |  |  |  |
| Microsoft Corp  |  |  |  | (1050) | (543701) | (4599) |
| Palo Alto Networks Inc (1)  |  |  |  | (66015) | (14539144) | (893843) |
|  |  |  |  |  | (15082845) | (898442) |
| **Technology Hardware, Storage & Peripherals - 26.6%**  |  |  |  |  |  |  |
| Apple Inc  |  |  |  | (32300) | (8732951) | (679269) |
| TOTAL INFORMATION TECHNOLOGY |  |  |  |  | (36370176) | (2982631) |
| TOTAL UNITED STATES |  |  |  |  | (54734008) | (2581892) |
| <br> **TOTAL COMMON STOCKS** |  |  |  |  | **(54734008)** | <br> **(2581892)** |
| **TOTAL SHORT** |  |  |  |  | **(54734008)** | **(2581892)** |
| **TOTAL SWAP COMPONENTS** |  |  |  |  | **(52812510)** | **(2676855)** |
| Underlying Reference | Counterparty | Maturity Date | Absolute Notional Value<br> ($)  | Unrealized <br> Appreciation/<br> (Depreciation) ($) <br>| Net Cash and Other Receivables/<br> (Payables) ($) | Value ($) <br>|
| The Fund receives the total return on a portfolio of long and short positions and pays or receives the U.S. SOFR Index of 4.12% plus or minus a specified spread ranging from (.15)% to .3%, which is denominated in U.S. dollars based on the local currencies of the positions within the swap | Bank of America Merrill Lynch International Ltd | Nov 2026 | 26916864 | 38072 | (1926) | 36146 |
| The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. |
| Reference Entity |  |  |  | Shares/Principal<br> Amount (a)<br>| Notional Value ($)<br>| Unrealized <br> Appreciation/<br> (Depreciation) ($) |
| **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -(923.4)%  |  |  |  |  |  |  |
| **Communication Services - (572.7)%**  |  |  |  |  |  |  |
| **Media - (572.7)%**  |  |  |  |  |  |  |
| Interpublic Group of Cos Inc/The  |  |  |  | 150000 | 3849000 | (207000) |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | 3849000 | (207000) |
| **Financials - (350.7)%**  |  |  |  |  |  |  |
| **Banks - (350.7)%**  |  |  |  |  |  |  |
| Comerica Inc  |  |  |  | 75000 | 5737500 | (158250) |
| Cadence Bank  |  |  |  | 100000 | 3774000 | 31475 |
|  |  |  |  |  | 9511500 | (126775) |
| TOTAL FINANCIALS |  |  |  |  | 9511500 | (126775) |
| TOTAL UNITED STATES |  |  |  |  | 13360500 | (333775) |
| <br> **TOTAL COMMON STOCKS** |  |  |  |  | **13360500** | <br> **(333775)** |
| **TOTAL LONG** |  |  |  |  | **13360500** | **(333775)** |
| **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -1028.7%  |  |  |  |  |  |  |
| **Communication Services - 612.4%**  |  |  |  |  |  |  |
| **Media - 612.4%**  |  |  |  |  |  |  |
| Omnicom Group Inc  |  |  |  | (51600) | (3871032) | 221364 |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | (3871032) | 221364 |
| **Financials - 416.3%**  |  |  |  |  |  |  |
| **Banks - 416.3%**  |  |  |  |  |  |  |
| Fifth Third Bancorp  |  |  |  | (139974) | (5825718) | 181966 |
| Huntington Bancshares Inc/OH  |  |  |  | (249975) | (3859614) | (31483) |
|  |  |  |  |  | (9685332) | 150483 |
| TOTAL FINANCIALS |  |  |  |  | (9685332) | 150483 |
| TOTAL UNITED STATES |  |  |  |  | (13556364) | 371847 |
| <br> **TOTAL COMMON STOCKS** |  |  |  |  | **(13556364)** | <br> **371847** |
| **TOTAL SHORT** |  |  |  |  | **(13556364)** | **371847** |
| **TOTAL SWAP COMPONENTS** |  |  |  |  | **(195864)** | **38072** |
| Underlying Reference | Counterparty | Maturity Date | Absolute Notional Value<br> ($)  | Unrealized <br> Appreciation/<br> (Depreciation) ($) <br>| Net Cash and Other Receivables/<br> (Payables) ($) | Value ($) <br>|
| The Fund receives the total return on a portfolio of long and short positions and pays or receives the U.S. SOFR Index of 4.27% plus or minus a specified spread ranging from (0.15)% to 0.4% , which is denominated in U.S. dollars based on the local currencies of the positions within the swap | Goldman Sachs International | Aug 2030 | 15709516 | 45815 | 1649 | 47464 |
| The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. | The following table represents disclosures associated with the underlying components of the total return basket swap at period end, and percentages shown are based on total swap value. |
| Reference Entity |  |  |  | Shares/Principal<br> Amount (a)<br>| Notional Value ($)<br>| Unrealized <br> Appreciation/<br> (Depreciation) ($) |
| **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** | **LONG** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -475.8%  |  |  |  |  |  |  |
| **Communication Services - (195.7)%**  |  |  |  |  |  |  |
| **Media - (195.7)%**  |  |  |  |  |  |  |
| Interpublic Group of Cos Inc/The  |  |  |  | 67938 | 1743289 | (92886) |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | 1743289 | (92886) |
| **Information Technology - 671.5%**  |  |  |  |  |  |  |
| **Software - 671.5%**  |  |  |  |  |  |  |
| CyberArk Software Ltd (1)  |  |  |  | 10000 | 5207800 | 318700 |
| TOTAL INFORMATION TECHNOLOGY |  |  |  |  | 5207800 | 318700 |
| TOTAL UNITED STATES |  |  |  |  | 6951089 | 225814 |
| <br> **TOTAL COMMON STOCKS** |  |  |  |  | **6951089** | <br> **225814** |
| **TOTAL LONG** |  |  |  |  | **6951089** | **225814** |
| **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** | **SHORT** |
|  **Common Stocks** |  |  |  |  |  |  |
| UNITED STATES -(379.3)%  |  |  |  |  |  |  |
| **Communication Services - 149.3%**  |  |  |  |  |  |  |
| **Entertainment - (60.2)%**  |  |  |  |  |  |  |
| Warner Bros Discovery Inc (1)  |  |  |  | (10000) | (224500) | (28576) |
| **Media - 209.5%**  |  |  |  |  |  |  |
| Omnicom Group Inc  |  |  |  | (23319) | (1749391) | 99452 |
| TOTAL COMMUNICATION SERVICES |  |  |  |  | (1973891) | 70876 |
| **Industrials - 99.1%**  |  |  |  |  |  |  |
| **Ground Transportation - 99.1%**  |  |  |  |  |  |  |
| Union Pacific Corp  |  |  |  | (8796) | (1938375) | 47059 |
| TOTAL INDUSTRIALS |  |  |  |  | (1938375) | 47059 |
| **Information Technology - (627.7)%**  |  |  |  |  |  |  |
| **Software - (627.7)%**  |  |  |  |  |  |  |
| Palo Alto Networks Inc (1)  |  |  |  | (22004) | (4846161) | (297934) |
| TOTAL INFORMATION TECHNOLOGY |  |  |  |  | (4846161) | (297934) |
| TOTAL UNITED STATES |  |  |  |  | (8758427) | (179999) |
| <br> **TOTAL COMMON STOCKS** |  |  |  |  | **(8758427)** | <br> **(179999)** |
| **TOTAL SHORT** |  |  |  |  | **(8758427)** | **(179999)** |
| **TOTAL SWAP COMPONENTS** |  |  |  |  | **(1807338)** | **45815** |

---

(1) Non-income producing.

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Non-income producing.

(c) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(d) Security or a portion of the security has been segregated as collateral for over the counter (OTC) derivatives. At period end, the value of securities pledged amounts to $20,167,671.

(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.

**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  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | - | 233184186 | 221837203 | 557130 | (104) | - | 11346879 | 11344610 | 0.0% |
| Total | - | 233184186 | 221837203 | 557130 | (104) | - | 11346879 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Swaps are marked-to-market daily based on valuations from third party pricing services, registered derivatives clearing organizations (clearinghouses) or broker-supplied valuations. These pricing sources may utilize inputs such as movements in the underlying index interest rate curves, credit spread curves, default possibilities and recovery rates. When independent prices are unavailable or unreliable, swaps may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Swaps are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Exchange-traded options are valued using the last sale price or, in the absence of a sale, the last offering price and are categorized as Level 1 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

**Derivative Instruments**

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund.

Derivative counterparty credit risk is managed through formal evaluation of the creditworthiness of all potential counterparties. On certain OTC derivatives, the Fund attempts to reduce its exposure to counterparty credit risk by entering into an International Swaps and Derivatives Association, Inc. (ISDA) Master Agreement with each of its counterparties. The ISDA Master Agreement gives the Fund the right to terminate all transactions traded under such agreement upon the deterioration in the credit quality of the counterparty beyond specified levels. The ISDA Master Agreement gives each party the right, upon an event of default by the other party or a termination of the agreement, to close out all transactions traded under such agreement and to net the amounts owed under each transaction to one net payable by one party to the other. To mitigate counterparty credit risk on bi-lateral OTC derivatives, the Fund receives collateral in the form of cash or securities once the Fund's net unrealized appreciation on outstanding derivative contracts under an ISDA Master Agreement exceeds certain applicable thresholds, subject to certain minimum transfer provisions. The collateral received is held in segregated accounts with the Fund's custodian bank in accordance with the collateral agreements entered into between the Fund, the counterparty and the Fund's custodian bank. The Fund could experience delays and costs in gaining access to the collateral even though it is held by the Fund's custodian bank. The Fund's maximum risk of loss from counterparty credit risk related to bi-lateral OTC derivatives is generally the aggregate unrealized appreciation and unpaid counterparty payments in excess of any collateral pledged by the counterparty to the Fund. The Fund may be required to pledge collateral for the benefit of the counterparties on bi-lateral OTC derivatives in an amount not less than each counterparty's unrealized appreciation on outstanding derivative contracts, subject to certain minimum transfer provisions, and any such pledged collateral is identified in the Schedule of Investments. Exchange-traded contracts are not covered by the ISDA Master Agreement; however counterparty credit risk related to these contracts may be mitigated by the protection provided by the exchange on which they trade. Counterparty credit risk related to centrally cleared swaps may be mitigated by the protection provided by the clearinghouse.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Options: Options give the purchaser the right, but not the obligation, to buy (call) or sell (put) an underlying security or financial instrument at an agreed exercise or strike price between or on certain dates. Options obligate the seller (writer) to buy (put) or sell (call) an underlying instrument at the exercise or strike price or cash settle an underlying derivative instrument if the holder exercises the option on or before the expiration date.

The Fund used exchange-traded options to manage its exposure to the stock market.

Open options at period end are presented in the Schedule of Investments under the captions "Purchased Options," "Purchased Swaptions," "Written Options" and "Written Swaptions." Writing puts and buying calls tend to increase exposure to the underlying instrument while buying puts and writing calls tend to decrease exposure to the underlying instrument. For purchased options, risk of loss is limited to the premium paid, and for written options, risk of loss is the change in value in excess of the premium received.

Swaps: A swap is a contract between two parties to exchange future cash flows at periodic intervals based on a notional principal amount.

A bi-lateral OTC swap is a transaction between a fund and a dealer counterparty where cash flows are exchanged between the two parties for the life of the swap.

Total Return Swaps: Total return swaps are agreements between counterparties to exchange cash flows, one based on a market-linked return of an individual asset or a basket of assets (i.e., an index), and the other on a fixed or floating rate. To the extent the total return of the instrument or index underlying the transaction exceeds or falls short of the offsetting payment obligation, the Fund will receive a payment from or make a payment to the counterparty. The Fund entered into total return swaps to manage its commodities market exposure.

Open swaps at period end are included in the Schedule of Investments under the caption Credit Default Swaps, Interest Rate Swaps and/or Total Return Swaps, as applicable.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual 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.*

*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.*

## 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 Greenwood Street Trust

- **b. Investment Company Act file number:** 811-23762

- **c. CIK number of Registrant:** 0001898391

- **d. LEI of Registrant:** 549300467DYGTZIRI308

- **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:** Fidelity SAI Merger Arbitrage Fund

- **b. EDGAR series identifier (if any):** S000091043

- **c. LEI of Series:** 2549004XFS05R4M5YU89

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $246719711.37

**Total Liabilities:** $19357354.70

**Net Assets:** $227362356.67

**Cash Not Reported:** $69669.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000258438 | 0.69%                | 0.69%                | 0.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $123830.48               | $844507.48                                 |
| Month 2  | $290317.13               | $1981190.85                                |
| Month 3  | $28563.25                | $1957014.59                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Old Name : iShares Ultra Short-Term Bond Active ETF | iShares Core S and P 500 ETF                              | CUSIP: 464287200<br>LEI: 549300G3FWQPUM47D181 | Long             | EC               | RF                | US        |     10800 | NS      | $7400484.00   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC INC                                         | HOLOGIC INC                                               | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     75000 | NS      | $5543250.00   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLENBRAND INC                                     | HILLENBRAND INC                                           | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     75000 | NS      | $2370000.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                         | VOO 11/10/2025 GS 44BPS + SOFR ETRS                       | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DIR              | CORP              | GB        |     11700 | NC      | $-117162.75   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| TEGNA INC                                           | TEGNA INC                                                 | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    253062 | NS      | $4977729.54   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VERINT SYS INC                                      | VERINT SYSTEMS INC                                        | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |    265000 | NS      | $5374200.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                           | APPLE INC                                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     32300 | NS      | $8732951.00   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                                           | UST BILLS 0% 11/25/2025                                   | CUSIP: 912797RQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11971554.00  | 5.27%             | 2025-11-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                      | MICROSOFT CORP                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1050 | NS      | $543700.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SURMODICS INC                                       | SURMODICS INC                                             | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |       213 | NS      | $5843.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                       | GOLDMAN SACHS GROUP INC                                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2750 | NS      | $2170767.50   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| DAYFORCE INC                                        | DAYFORCE INC                                              | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     25000 | NS      | $1718500.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR SURGICAL CO                                   | STAAR SURGICAL CO NEW                                     | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |     50000 | NS      | $1293500.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OPTIONS EXCHANGE                      | VERINT SYSTEMS INC CALL 22.50 12/19/2025                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      1447 | NC      | $3617.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OPTIONS EXCHANGE                      | WARNER BROS DISCOVERY INC CALL 22.50 01/16/2026           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      3000 | NC      | $627000.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC                                 | ELECTRONIC ARTS INC                                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     65000 | NS      | $13003900.00  | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                         | Total Return Basket Swap GS                               | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DO               | CORP              | GB        |         1 | NC      | $47354.61     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UST BILLS                                           | UST BILLS 0% 12/02/2025                                   | CUSIP: 912797RR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $13956281.64  | 6.14%             | 2025-12-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAPIENS INTL CORP NV                                | SAPIENS INTL CORP NV                                      | CUSIP: N/A<br>LEI: 2549009P4ZS02GC5QV68       | Long             | EC               | CORP              | KY        |      9394 | NS      | $404411.70    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIDITY BIOSCIENCES INC                             | AVIDITY BIOSCIENCES                                       | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75000 | NS      | $5238750.00   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRIT AEROSYSTEMS HLDGS INC                        | SPIRIT AEROSYSTEM HLD INC CL A                            | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $1834500.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CHART INDUSTRIES INC                                | CHART INDUSTRIES INC                                      | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |    100000 | NS      | $19962000.00  | 8.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTIER COMMUNICATIONS PARENT INC                  | FRONTIER COMMUNICATIONS PARENT INC                        | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    500000 | NS      | $18880000.00  | 8.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                         | JPM 11/17/2025 GS 45.5bps + SOFR ETRS                     | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DIR              | CORP              | GB        |      5960 | NC      | $-14981.89    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS NY BRANCH                               | Total Return Basket Swap BNP                              | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DO               | CORP              | US        |         1 | NC      | $-2574262.99  | -1.13%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP OF COS INC                        | INTERPUBLIC GROUP OF COS INC                              | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     50000 | NS      | $1283000.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                         | IVV 11/11/2025 GS 45bps + SOFR ETRS                       | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DIR              | CORP              | GB        |     10800 | NC      | $-116745.51   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CYBER-ARK SOFTWARE LTD (ISRAEL)                     | CYBER-ARK SOFTWARE LTD                                    | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |     30000 | NS      | $15623400.00  | 6.87%             |  |  |  | No            |                  1 | On Loan: No      |
| WIDEOPENWEST INC                                    | WIDEOPENWEST INC                                          | CUSIP: 96758W101<br>LEI: 549300RM6J2BWWOFU889 | Long             | EC               | CORP              | US        |     50000 | NS      | $256500.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VANGUARD INDEX FUNDS                                | Vanguard Index Funds: Vanguard 500 Index Fund; ETF Shares | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11700 | NS      | $7336368.00   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INFORMATICA INC                                     | INFORMATICA INC                                           | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               | CORP              | US        |    650000 | NS      | $16165500.00  | 7.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                        | Fidelity Cash Central Fund                                | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  11344610 | NS      | $11346879.26  | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED | Total Return Basket Swap BOA                              | CUSIP: N/A<br>LEI: EYKN6V0ZCB8VD9IULB80       | N/A              | DO               | CORP              | GB        |         1 | NC      | $36896.11     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| VIMEO INC                                           | VIMEO INC                                                 | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    250000 | NS      | $1950000.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                         | NVIDIA CORP                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     62000 | NS      | $12554380.00  | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP                               | NORFOLK SOUTHERN CORP                                     | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     20000 | NS      | $5667600.00   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                               | JPMORGAN CHASE and CO                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      5960 | NS      | $1854275.20   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                      | MASTERCARD INC CL A                                       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     17000 | NS      | $9383830.00   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN INSURANCE HLDS LTD                            | ASPEN INSURANCE HLDGS LTD                                 | CUSIP: N/A<br>LEI: 549300YX6HECG9XQCQ75       | Long             | EC               | CORP              | BM        |    100000 | NS      | $3675000.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CROSS COUNTRY HEALTHCARE INC                        | CROSS COUNTRY HEALTHCARE INC                              | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |     40671 | NS      | $498626.46    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MERUS NV                                            | MERUS NV                                                  | CUSIP: N/A<br>LEI: 549300W8GPUWU8QNU293       | Long             | EC               | CORP              | NL        |     25000 | NS      | $2371500.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PROASSURANCE CORPORATION                            | PROASSURANCE CORPORATION                                  | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |     75000 | NS      | $1796250.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KELLANOVA                                           | KELLANOVA                                                 | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |    150000 | NS      | $12459000.00  | 5.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** Heather Bonner

**Signature:** Heather Bonner

**Name of Signer:** Heather Bonner

**Title:** President and Treasurer