# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000035402-25-001397
**Filing Date:** 2025-10
**Character Count:** 16472
**Document Hash:** 45def122c5839af4bbc7755108ed9999
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-001397.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0000035402-25-001397

**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:** 251424440

**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 Natural Resources Fund (Series ID: S000007478)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000020452 | Fidelity Natural Resources Fund | FNARX           |

## 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:** Fidelity Natural Resources Fund

- **b. EDGAR series identifier (if any):** S000007478

- **c. LEI of Series:** F20N7QB58Y5BSKOBIF93

**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:** $663180466.97

**Total Liabilities:** $26913890.65

**Net Assets:** $636266576.32

**Cash Not Reported:** $73185.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020452 | 5.52%                | 1.48%                | 5.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $959102.37               | $29478330.09                               |
| Month 2  | $259708.91               | $8584031.17                                |
| Month 3  | $19142123.96             | $11704616.24                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MEG ENERGY CORP                   | MEG ENERGY CORP                               | CUSIP: 552704108<br>LEI: 5493002WXPTG5ZC1T326 | Long             | EC               | CORP              | CA        |   1707539 | NS      | $35124314.09  | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TECK RESOURCES LTD                | TECK RESOURCES LTD SUB VTG CLB                | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    232600 | NS      | $7952594.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                         | SHELL PLC SPONS ADR                           | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    759700 | NS      | $56126636.00  | 8.82%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO            | INTERNATIONAL PAPER CO                        | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    213900 | NS      | $10626552.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: —       |
| CONOCOPHILLIPS INC                | CONOCOPHILLIPS                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    381200 | NS      | $37727364.00  | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                | EXPAND ENERGY CORP                            | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     93783 | NS      | $9076318.74   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHLUMBERGER LTD                  | SCHLUMBERGER LTD                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     27700 | NS      | $1020468.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD        | FIRST QUANTUM MINERALS LTD                    | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |   1135700 | NS      | $19904830.52  | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN HOLDINGS INC                | CROWN HOLDINGS INC                            | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     50100 | NS      | $4978938.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP               | BARRICK MINING CORP                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    125700 | NS      | $3347391.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AVERY DENNISON CORP               | AVERY DENNISON CORP                           | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     26400 | NS      | $4531560.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                    | TECHNIPFMC PLC                                | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |     74600 | NS      | $2742296.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MAJESTIC SILVER CORP        | FIRST MAJESTIC SILVER CORP                    | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |    191700 | NS      | $1752138.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTIUS MINERALS CORP              | ALTIUS MINERALS CORP                          | CUSIP: 020936100<br>LEI: 54930083UJGDUCMJMU61 | Long             | EC               | CORP              | CA        |    255200 | NS      | $5570973.17   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNICO EAGLE MINES LTD            | AGNICO EAGLE MINES LTD                        | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |    157700 | NS      | $22735609.00  | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP                | VALERO ENERGY CORP                            | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    208500 | NS      | $31694085.00  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ALAMOS GOLD INC                   | ALAMOS GOLD INC A                             | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |    208900 | NS      | $6361005.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| APTARGROUP INC                    | APTARGROUP INC                                | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     32400 | NS      | $4512348.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CENOVUS ENERGY INC                | CENOVUS ENERGY INC                            | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    704100 | NS      | $11695101.00  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEPORT-MCMORAN INC              | FREEPORT MCMORAN INC                          | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    193900 | NS      | $8609160.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP      | WHEATON PRECIOUS METALS CORP                  | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    193050 | NS      | $19386081.00  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP           | MARATHON PETROLEUM CORP                       | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    114300 | NS      | $20540853.00  | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                           | CRH PLC                                       | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     81600 | NS      | $9216720.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY OIL CORP                   | MURPHY OIL CORP                               | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    154300 | NS      | $3835898.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Revere Street Trust      | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   2156028 | NS      | $2156458.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    791859 | NS      | $90501565.11  | 14.22%            |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                  | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |    665100 | NS      | $60352249.61  | 9.49%             |  |  |  | No            |                  1 | On Loan: —       |
| GALP ENERGIA SGPS SA              | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    650100 | NS      | $12625163.07  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS INC     | MARTIN MARIETTA MATERIALS INC                 | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     18900 | NS      | $11649960.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP NEW                  | CHEVRON CORP                                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    215600 | NS      | $34625360.00  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHABASCA OIL CORP                | ATHABASCA OIL CORP                            | CUSIP: 04682R107<br>LEI: 549300STK2KBVO6WED71 | Long             | EC               | CORP              | CA        |   5384366 | NS      | $23602055.79  | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust      | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  26429862 | NS      | $26432505.02  | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH BOW CORP                    | SOUTH BOW CORP                                | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |    602120 | NS      | $16702808.80  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ENBRIDGE INC                      | ENBRIDGE INC                                  | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     90100 | NS      | $4355434.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MEREN ENERGY INC                  | MEREN ENERGY INC                              | CUSIP: 588914101<br>LEI: 549300071188HIDJEB11 | Long             | EC               | CORP              | CA        |   4867300 | NS      | $6308511.30   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO NEVADA CORP                | FRANCO-NEVADA CORP                            | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     68500 | NS      | $12909931.92  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                         | MOSAIC CO NEW                                 | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    242100 | NS      | $8086140.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                      | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     95100 | NS      | $7075440.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| METALLA ROYALTY AND STREAMING LTD | METALLA ROYALTY AND STREAMING LTD             | CUSIP: 59124U605<br>LEI: 549300RPR0O774QEKV20 | Long             | EC               | CORP              | CA        |    632600 | NS      | $3454691.08   | 0.54%             |  |  |  | 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