# EDGAR Filing Document

**Accession Number:** 0000754510
**File Stem:** 0000035402-26-004051
**Filing Date:** 2026-6
**Character Count:** 66492
**Document Hash:** 226d54fec5bcf89c153b06d418aef36f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-004051.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000035402-26-004051

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SECURITIES FUND
- **CENTRAL INDEX KEY:** 0000754510

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04118
- **FILM NUMBER:** 261127013

**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 Dividend Growth Fund (Series ID: S000007197)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000019695 | Fidelity Dividend Growth Fund                  | FDGFX           |
| C000064270 | Class K                                        | FDGKX           |
| C000257436 | Fidelity Advisor Dividend Growth Fund: Class M | FGDEX           |
| C000257437 | Fidelity Advisor Dividend Growth Fund: Class C | FGDGX           |
| C000257438 | Fidelity Advisor Dividend Growth Fund: Class I | FGDHX           |
| C000257439 | Fidelity Advisor Dividend Growth Fund: Class Z | FGDJX           |
| C000257440 | Fidelity Advisor Dividend Growth Fund: Class A | FGDDX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Dividend Growth Fund**

**April 30, 2026**

DGF-NPRT3-0626

1.800335.122 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 98.9%** | &nbsp;&nbsp;**Common Stocks - 98.9%** | &nbsp;&nbsp;**Common Stocks - 98.9%** |
|  | Shares | Value ($)<br>|
| AUSTRALIA - 0.5%  |  |  |
| Materials - 0.5% |  |  |
| Metals & Mining - 0.5% |  |  |
| Glencore PLC  | 6876200 | 53440713 |
| BERMUDA - 0.2%  |  |  |
| Industrials - 0.2% |  |  |
| Marine Transportation - 0.2% |  |  |
| Himalaya Shipping Ltd  | 488053 | 6690204 |
| Himalaya Shipping Ltd (United States) (a) | 1540100 | 21006964 |
| TOTAL BERMUDA |  | 27697168 |
| BRAZIL - 0.4%  |  |  |
| Materials - 0.4% |  |  |
| Metals & Mining - 0.4% |  |  |
| Wheaton Precious Metals Corp  | 342600 | 43275524 |
| CANADA - 2.4%  |  |  |
| Energy - 1.2% |  |  |
| Oil, Gas & Consumable Fuels - 1.2% |  |  |
| Imperial Oil Ltd (a) | 415100 | 55605401 |
| Teekay Tankers Ltd Class A  | 999262 | 78492030 |
| TOTAL ENERGY |  | 134097431 |
| Financials - 0.8% |  |  |
| Capital Markets - 0.8% |  |  |
| Brookfield Corp Class A (United States)  | 1947100 | 87853152 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Franco-Nevada Corp  | 80500 | 18571863 |
| Utilities - 0.3% |  |  |
| Independent Power and Renewable Electricity Producers - 0.3% |  |  |
| Brookfield Renewable Corp Class A (United States) (a) | 854432 | 30981704 |
| TOTAL CANADA |  | 271504150 |
| GERMANY - 0.6%  |  |  |
| Industrials - 0.6% |  |  |
| Electrical Equipment - 0.6% |  |  |
| Siemens Energy AG  | 341800 | 72440312 |
| KOREA (SOUTH) - 1.9%  |  |  |
| Information Technology - 1.9% |  |  |
| Semiconductors & Semiconductor Equipment - 1.3% |  |  |
| SK Hynix Inc  | 162580 | 145914410 |
| Technology Hardware, Storage & Peripherals - 0.6% |  |  |
| Samsung Electronics Co Ltd  | 469840 | 71206281 |
| TOTAL KOREA (SOUTH) |  | 217120691 |
| NETHERLANDS - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| Semiconductors & Semiconductor Equipment - 0.2% |  |  |
| BE Semiconductor Industries NV  | 73700 | 21382307 |
| NORWAY - 0.4%  |  |  |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Bruton Ltd  | 2356792 | 12922710 |
| Industrials - 0.3% |  |  |
| Marine Transportation - 0.3% |  |  |
| 2020 Bulkers Ltd (c) | 1487081 | 483778 |
| Stolt-Nielsen Ltd  | 1024000 | 33379171 |
| TOTAL INDUSTRIALS |  | 33862949 |
| TOTAL NORWAY |  | 46785659 |
| TAIWAN - 2.4%  |  |  |
| Information Technology - 2.4% |  |  |
| Semiconductors & Semiconductor Equipment - 2.4% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd  | 1102000 | 76746331 |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 500580 | 198259715 |
| TOTAL TAIWAN |  | 275006046 |
| UNITED KINGDOM - 1.9%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Household Durables - 0.0% |  |  |
| Vistry Group PLC (b) | 15 | 67 |
| Consumer Staples - 1.8% |  |  |
| Tobacco - 1.8% |  |  |
| British American Tobacco PLC  | 2371582 | 139673919 |
| British American Tobacco PLC ADR  | 1101100 | 64744680 |
| TOTAL CONSUMER STAPLES |  | 204418599 |
| Energy - 0.1% |  |  |
| Energy Equipment & Services - 0.1% |  |  |
| Subsea 7 SA  | 469200 | 16874528 |
| TOTAL UNITED KINGDOM |  | 221293194 |
| UNITED STATES - 88.0%  |  |  |
| Communication Services - 12.0% |  |  |
| Diversified Telecommunication Services - 0.3% |  |  |
| Comcast Corp Class A  | 1357842 | 36716048 |
| Interactive Media & Services - 11.3% |  |  |
| Alphabet Inc Class A  | 2401300 | 924020240 |
| Match Group Inc  | 333200 | 12468344 |
| Meta Platforms Inc Class A  | 571200 | 349522992 |
|  |  | 1286011576 |
| Wireless Telecommunication Services - 0.4% |  |  |
| T-Mobile US Inc  | 251800 | 49226900 |
| TOTAL COMMUNICATION SERVICES |  | 1371954524 |
| Consumer Discretionary - 3.8% |  |  |
| Distributors - 0.0% |  |  |
| Gold.com Inc (a) | 180500 | 8156795 |
| Diversified Consumer Services - 0.6% |  |  |
| Service Corp International/US  | 801100 | 64913133 |
| Hotels, Restaurants & Leisure - 1.4% |  |  |
| Domino's Pizza Inc  | 30200 | 10250484 |
| Hilton Worldwide Holdings Inc  | 24900 | 8069343 |
| Marriott International Inc/MD Class A1  | 148000 | 53530120 |
| Starbucks Corp  | 900 | 94797 |
| Vail Resorts Inc (a) | 656500 | 83493670 |
|  |  | 155438414 |
| Household Durables - 1.2% |  |  |
| DR Horton Inc  | 401800 | 61820948 |
| Somnigroup International Inc  | 838800 | 63631368 |
| Whirlpool Corp (a) | 133500 | 7484010 |
|  |  | 132936326 |
| Specialty Retail - 0.6% |  |  |
| Home Depot Inc/The  | 221400 | 72796320 |
| TOTAL CONSUMER DISCRETIONARY |  | 434240988 |
| Consumer Staples - 4.1% |  |  |
| Beverages - 1.8% |  |  |
| Constellation Brands Inc Class A  | 234000 | 36639720 |
| Keurig Dr Pepper Inc  | 5179700 | 152283180 |
|  |  | 188922900 |
| Food Products - 0.5% |  |  |
| JM Smucker Co  | 488400 | 47877852 |
| Tyson Foods Inc Class A  | 224800 | 14402936 |
|  |  | 62280788 |
| Household Products - 0.5% |  |  |
| Kimberly-Clark Corp  | 314100 | 30916863 |
| Reynolds Consumer Products Inc  | 1491100 | 31268367 |
|  |  | 62185230 |
| Personal Care Products - 0.2% |  |  |
| Kenvue Inc  | 1354100 | 23737373 |
| Tobacco - 1.1% |  |  |
| Philip Morris International Inc  | 777500 | 128341925 |
| TOTAL CONSUMER STAPLES |  | 465468216 |
| Energy - 8.0% |  |  |
| Energy Equipment & Services - 1.5% |  |  |
| Archrock Inc (a) | 1915551 | 74227601 |
| Kodiak Gas Services Inc  | 1542600 | 104588280 |
| WaterBridge Infrastructure LLC Class A  | 88700 | 2673418 |
|  |  | 181489299 |
| Oil, Gas & Consumable Fuels - 6.5% |  |  |
| Black Stone Minerals LP  | 3854046 | 55189939 |
| Core Natural Resources Inc  | 437842 | 39291941 |
| DHT Holdings Inc  | 868902 | 16057309 |
| Energy Transfer LP  | 4203900 | 84876741 |
| Enterprise Products Partners LP  | 1662900 | 64354230 |
| Exxon Mobil Corp  | 921219 | 142171728 |
| Marathon Petroleum Corp  | 170100 | 42234129 |
| MPLX LP  | 2348100 | 132127587 |
| Shell PLC ADR  | 1010500 | 91622035 |
| Viper Energy Inc Class A  | 1401000 | 69181380 |
|  |  | 737107019 |
| TOTAL ENERGY |  | 918596318 |
| Financials - 8.7% |  |  |
| Banks - 0.9% |  |  |
| Bank of America Corp  | 649800 | 34738308 |
| Wells Fargo & Co  | 823583 | 67723230 |
|  |  | 102461538 |
| Capital Markets - 3.5% |  |  |
| Blue Owl Capital Corp  | 8942726 | 104808749 |
| Blue Owl Capital Inc Class A (a) | 10282000 | 100249500 |
| Cboe Global Markets Inc  | 275900 | 82794831 |
| Intercontinental Exchange Inc  | 331900 | 52470071 |
| Jefferies Financial Group Inc  | 292600 | 14109172 |
| KKR & Co Inc Class A  | 393800 | 41089092 |
|  |  | 395521415 |
| Consumer Finance - 0.2% |  |  |
| FirstCash Holdings Inc  | 127900 | 27910338 |
| Financial Services - 2.8% |  |  |
| Apollo Global Management Inc  | 961600 | 123777152 |
| Mastercard Inc Class A  | 55900 | 28113228 |
| UWM Holdings Corp Class A  | 12462600 | 44117604 |
| Visa Inc Class A  | 361216 | 119143485 |
|  |  | 315151469 |
| Insurance - 1.3% |  |  |
| Chubb Ltd  | 185200 | 60560400 |
| Travelers Companies Inc/The  | 132400 | 40400536 |
| W R Berkley Corp  | 758200 | 50670506 |
|  |  | 151631442 |
| TOTAL FINANCIALS |  | 992676202 |
| Health Care - 5.9% |  |  |
| Biotechnology - 0.3% |  |  |
| Gilead Sciences Inc  | 263600 | 34489424 |
| Health Care Equipment & Supplies - 0.5% |  |  |
| Baxter International Inc  | 3063500 | 53856330 |
| Health Care Providers & Services - 1.4% |  |  |
| Cigna Group/The  | 173200 | 50328456 |
| Humana Inc  | 134100 | 31706604 |
| UnitedHealth Group Inc  | 215103 | 79691359 |
|  |  | 161726419 |
| Life Sciences Tools & Services - 1.8% |  |  |
| Bruker Corp  | 1198600 | 44000606 |
| Danaher Corp  | 306300 | 54812385 |
| Thermo Fisher Scientific Inc  | 221300 | 105993848 |
|  |  | 204806839 |
| Pharmaceuticals - 1.9% |  |  |
| Eli Lilly & Co  | 62300 | 58225580 |
| Merck & Co Inc  | 398900 | 43551902 |
| Royalty Pharma PLC Class A  | 2259900 | 113198391 |
|  |  | 214975873 |
| TOTAL HEALTH CARE |  | 669854885 |
| Industrials - 13.9% |  |  |
| Aerospace & Defense - 3.4% |  |  |
| Boeing Co (b) | 1317740 | 301801993 |
| GE Aerospace  | 94737 | 27467098 |
| General Dynamics Corp  | 59000 | 20313700 |
| Huntington Ingalls Industries Inc  | 113400 | 41310486 |
|  |  | 390893277 |
| Air Freight & Logistics - 1.1% |  |  |
| United Parcel Service Inc Class B  | 1137900 | 123803520 |
| Building Products - 0.6% |  |  |
| A O Smith Corp (a) | 1151400 | 71202576 |
| Construction & Engineering - 1.2% |  |  |
| EMCOR Group Inc  | 147900 | 131877993 |
| Electrical Equipment - 1.8% |  |  |
| GE Vernova Inc  | 179333 | 194300132 |
| Regal Rexnord Corp  | 44100 | 9482823 |
|  |  | 203782955 |
| Machinery - 5.3% |  |  |
| Allison Transmission Holdings Inc  | 1725945 | 231880711 |
| Cummins Inc  | 84000 | 56364840 |
| Otis Worldwide Corp  | 1498800 | 116726544 |
| PACCAR Inc  | 399900 | 47508120 |
| Westinghouse Air Brake Technologies Corp  | 572200 | 154431058 |
|  |  | 606911273 |
| Professional Services - 0.5% |  |  |
| Paycom Software Inc (a) | 203500 | 25795660 |
| SS&C Technologies Holdings Inc  | 551200 | 38198160 |
|  |  | 63993820 |
| TOTAL INDUSTRIALS |  | 1592465414 |
| Information Technology - 24.5% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Vontier Corp  | 6702 | 240468 |
| Semiconductors & Semiconductor Equipment - 12.3% |  |  |
| Broadcom Inc  | 603000 | 251710290 |
| Micron Technology Inc  | 312400 | 161560784 |
| NVIDIA Corp  | 4945825 | 987038295 |
|  |  | 1400309369 |
| Software - 3.5% |  |  |
| Microsoft Corp  | 997000 | 406556660 |
| Technology Hardware, Storage & Peripherals - 8.7% |  |  |
| Apple Inc  | 893768 | 242523947 |
| GPGI Inc Class A (a) | 4855704 | 74923513 |
| Seagate Technology Holdings PLC  | 473700 | 319103268 |
| Western Digital Corp  | 823000 | 357609960 |
|  |  | 994160688 |
| TOTAL INFORMATION TECHNOLOGY |  | 2801267185 |
| Materials - 3.1% |  |  |
| Chemicals - 1.2% |  |  |
| CF Industries Holdings Inc  | 264500 | 32850900 |
| LyondellBasell Industries NV Class A1  | 986000 | 73555600 |
| Mosaic Co/The  | 1303000 | 30320810 |
|  |  | 136727310 |
| Metals & Mining - 1.9% |  |  |
| Coeur Mining Inc (b) | 1305400 | 23458038 |
| Newmont Corp  | 865900 | 96192831 |
| Royal Gold Inc  | 417300 | 97389474 |
|  |  | 217040343 |
| TOTAL MATERIALS |  | 353767653 |
| Real Estate - 3.0% |  |  |
| Health Care REITs - 0.7% |  |  |
| Ventas Inc  | 945900 | 83106774 |
| Hotel & Resort REITs - 0.2% |  |  |
| Ryman Hospitality Properties Inc  | 224700 | 23613723 |
| Real Estate Management & Development - 0.8% |  |  |
| Landbridge Co LLC Class A (a) | 691700 | 47540541 |
| St Joe Co/The  | 641900 | 41447483 |
|  |  | 88988024 |
| Retail REITs - 0.3% |  |  |
| Simon Property Group Inc  | 157300 | 32043583 |
| Specialized REITs - 1.0% |  |  |
| Millrose Properties Inc Class A (a) | 3623200 | 111123544 |
| TOTAL REAL ESTATE |  | 338875648 |
| Utilities - 1.0% |  |  |
| Electric Utilities - 1.0% |  |  |
| Edison International  | 210200 | 14606797 |
| Exelon Corp  | 375930 | 17289021 |
| NextEra Energy Inc  | 815200 | 79791776 |
| TOTAL UTILITIES |  | 111687594 |
| TOTAL UNITED STATES |  | 10050854627 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $7,227,292,583) |  | <br> **11300800391** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** | &nbsp;&nbsp;**Money Market Funds - 2.8%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (d) | 3.69 | 132874579 | 132901154 |
| Fidelity Securities Lending Cash Central Fund (d)(e) | 3.69 | 182060325 | 182078531 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $314,979,685) |  |  | **314979685** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 101.7%**<br> (Cost $7,542,272,268)<br>| <br>**11615780076** |
| **NET OTHER ASSETS (LIABILITIES) - (1.7)%**  | **(189402354)** |
| **NET ASSETS - 100.0%** | **11426377722** |

---

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Non-income producing.

(c) Affiliated company.

(d) 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.

(e) Investment made with cash collateral received from securities on loan.

At period end, the value of non-cash collateral for securities on loan amounted to $30,950,635.

**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 | 4019611 | 1394717592 | 1265835005 | 1687872 | (1044) | - | 132901154 | 132874579 | 0.2% |
| Fidelity Securities Lending Cash Central Fund | 101632686 | 2367117301 | 2286654363 | 607053 | (17093) | - | 182078531 | 182060325 | 0.5% |
| Total | 105652297 | 3761834893 | 3552489368 | 2294925 | (18137) | - | 314979685 |  |  |

---

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

Amounts in the dividend income column 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 income received for lending certain types of securities.

**Other Affiliated Issuers**

An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are presented in the table below. Certain corporate actions, such as mergers, are excluded from the amounts in this table if applicable. A dash in the Value end of period ($) and Shares end of period columns means either the issuer is no longer held at period end, or the issuer is held at period end but is no longer an affiliate.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 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  |
| 2020 Bulkers Ltd | 15738068 | 2512760 | - | 16975030 | - | (17767050) | 483778 | 1487081 |
| Total | 15738068 | 2512760 | - | 16975030 | - | (17767050) | 483778 |  |

---

**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.

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.*

## 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 Securities Fund

- **b. Investment Company Act file number:** 811-04118

- **c. CIK number of Registrant:** 0000754510

- **d. LEI of Registrant:** LIUMB3NDWOFJPXVROE85

- **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 Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000007197

- **c. LEI of Series:** YMZZRU3GTA1C1IRR2V17

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $11602169574.22

**Total Liabilities:** $178198867.59

**Net Assets:** $11423970706.63

**Cash Not Reported:** $29668.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019695 | 1.52%                | -6.22%               | 11.94%               |
| Class ID C000257439 | 1.52%                | -6.20%               | 11.93%               |
| Class ID C000257436 | 1.50%                | -6.27%               | 11.89%               |
| Class ID C000257438 | 1.52%                | -6.22%               | 11.94%               |
| Class ID C000257437 | 1.46%                | -6.30%               | 11.82%               |
| Class ID C000064270 | 1.55%                | -6.23%               | 11.95%               |
| Class ID C000257440 | 1.50%                | -6.25%               | 11.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $96320961.77             | $55030811.65                               |
| Month 2  | $296740590.42            | $-990567431.71                             |
| Month 3  | $55379102.83             | $1147113340.02                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SOMNIGROUP INTERNATIONAL INC      | SOMNIGROUP INTERNATIONAL INC                  | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |    838800 | NS      | $63631368.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC              | BLUE OWL CAPITAL INC A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10282000 | NS      | $100249500.00 | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| HIMALAYA SHIPPING LTD             | HIMALAYA SHIPPING LTD                         | CUSIP: N/A<br>LEI: 984500D86FFE5EYE7988       | Long             | EC               | CORP              | BM        |    488053 | NS      | $6690203.78   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BE SEMICONDUCTOR INDUSTRIES NV    | BE SEMICOND INDUS NV (NETH)                   | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     73700 | NS      | $21382306.90  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                | ENERGY TRANSFER LP                            | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   4203900 | NS      | $84876741.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC      | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    221300 | NS      | $105993848.00 | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| STOLT NIELSEN LTD                 | STOLT NIELSEN LTD                             | CUSIP: N/A<br>LEI: 213800VZX4LWJSGRLR94       | Long             | EC               | CORP              | BM        |   1024000 | NS      | $33379170.40  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD        | SAMSUNG ELECTRONICS CO LTD                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    469840 | NS      | $71206280.69  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| LYONDELLBASELL INDS NV            | LYONDELLBASELL INDS CLASS A                   | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | NL        |    986000 | NS      | $73555600.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR and CO INC                    | KKR and CO INC                                | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    393800 | NS      | $41089092.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP  | WESTINGHOUSE AIR BRAKE TECH CORP              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |    572200 | NS      | $154431058.00 | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                         | SHELL PLC SPONS ADR                           | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1010500 | NS      | $91622035.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                    | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |    179333 | NS      | $194300132.18 | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                         | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    811468 | NS      | $220191841.80 | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC      | BRITISH AMERICAN TOBACCO PLC                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |   2371582 | NS      | $139673919.27 | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRY GROUP PLC                  | VISTRY GROUP PLC                              | CUSIP: N/A<br>LEI: 2138001KOWN7CG9SLK53       | Long             | EC               | CORP              | GB        |        15 | NS      | $66.70        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                   | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    251800 | NS      | $49226900.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL GOLD INC                    | ROYAL GOLD INC                                | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |    417300 | NS      | $97389474.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC          | CONSTELLATION BRANDS INC CL A                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    234000 | NS      | $36639720.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    997000 | NS      | $406556660.00 | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| RYMAN HOSPITALITY PPTYS INC       | RYMAN HOSPITALITY PPTYS INC                   | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |    224700 | NS      | $23613723.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                          | VISA INC CL A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    361216 | NS      | $119143485.44 | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORP               | KIMBERLY CLARK CORP                           | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |    314100 | NS      | $30916863.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    571200 | NS      | $349522992.00 | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC     | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    961600 | NS      | $123777152.00 | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WATERBRIDGE INFRASTRUCTURE LLC    | WATERBRIDGE INFRASTRUCTURE LLC                | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88700 | NS      | $2673418.00   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                | NEXTERA ENERGY INC                            | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    815200 | NS      | $79791776.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC                   | TYSON FOODS INC CL A                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    224800 | NS      | $14402936.00  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                         | CHUBB LTD                                     | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |    185200 | NS      | $60560400.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP               | OTIS WORLDWIDE CORP                           | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   1498800 | NS      | $116726544.00 | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                        | PACCAR INC                                    | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    399900 | NS      | $47508120.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUKER CORP                       | BRUKER CORP                                   | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |   1198600 | NS      | $44000606.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                        | VENTAS INC REIT                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    945900 | NS      | $83106774.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC      | BRITISH AMERICAN TOB PLC ADR                  | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |   1101100 | NS      | $64744680.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SUBSEA 7 SA                       | SUBSEA 7 SA                                   | CUSIP: N/A<br>LEI: 222100AIF0CBCY80AH62       | Long             | EC               | CORP              | LU        |    469200 | NS      | $16874528.05  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ST JOE COMPANY                    | ST JOE COMPANY                                | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    641900 | NS      | $41447483.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING INC                  | COEUR MINING INC                              | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   1305400 | NS      | $23458038.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP             | GENERAL DYNAMICS CORPORATION                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     59000 | NS      | $20313700.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                | REGAL REXNORD CORP                            | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     44100 | NS      | $9482823.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                  | MERCK and CO INC NEW                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    398900 | NS      | $43551902.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP              | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    823000 | NS      | $357609960.00 | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                 | CIGNA GROUP (THE)                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    173200 | NS      | $50328456.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GLENCORE PLC                      | GLENCORE PLC                                  | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |   6876200 | NS      | $53440713.20  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ARCHROCK INC                      | ARCHROCK INC                                  | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |   1915551 | NS      | $74227601.25  | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| BAXTER INTERNATIONAL INC.         | BAXTER INTL INC                               | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |   3063500 | NS      | $53856330.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTCASH HOLDINGS INC            | FIRSTCASH HOLDINGS INC                        | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127900 | NS      | $27910338.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUTON LTD                        | BRUTON LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |   2356792 | NS      | $12922710.24  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYALTY PHARMA PLC                | ROYALTY PHARMA PLC                            | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | GB        |   2268400 | NS      | $113624156.00 | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| JM SMUCKER CO/THE                 | JM SMUCKER CO/THE                             | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |    488400 | NS      | $47877852.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DR HORTON INC                     | DR HORTON INC                                 | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    401800 | NS      | $61820948.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| VONTIER CORP                      | VONTIER CORP W/I                              | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |      6702 | NS      | $240467.76    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                    | HOME DEPOT INC                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    210600 | NS      | $69245280.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                    | STARBUCKS CORP                                | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       900 | NS      | $94797.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                       | CUMMINS INC                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     84000 | NS      | $56364840.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG                 | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |    341800 | NS      | $72440311.89  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT HOLDINGS INC                  | DHT HOLDINGS INC                              | CUSIP: N/A<br>LEI: 549300SMD6IVZYT74K40       | Long             | EC               | CORP              | MH        |    868902 | NS      | $16057308.96  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC/MD     | MARRIOTT INTERNATIONAL INC A                  | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |    148000 | NS      | $53530120.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC    | SERVICE CORP INTERNATIONAL INC                | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |    801100 | NS      | $64913133.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SMITH (AO) CORP                   | SMITH (AO) CORP                               | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |   1142440 | NS      | $70648489.60  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC              | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   5179700 | NS      | $152283180.00 | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO      | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     25900 | NS      | $5345760.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC     | JEFFERIES FINANCIAL GROUP INC                 | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    292600 | NS      | $14109172.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL CORP             | BLUE OWL CAPITAL CORP                         | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | CORP              | US        |   8942726 | NS      | $104808748.72 | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC                  | VAIL RESORTS INC                              | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |    656500 | NS      | $83493670.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: —       |
| DOMINOS PIZZA INC                 | DOMINOS PIZZA INC                             | CUSIP: 25754A201<br>LEI: 5299004V0Y8MI5D9FF45 | Long             | EC               | CORP              | US        |     28556 | NS      | $9692477.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VIPER ENERGY INC-CL A             | VIPER ENERGY INC A                            | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1401000 | NS      | $69181380.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKLEY WR CORP                   | BERKLEY (WR) CORP                             | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |    758200 | NS      | $50670506.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GPGI INC                          | GPGI INC                                      | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4542704 | NS      | $70093922.72  | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| 2020 BULKERS LTD                  | 2020 BULKERS LTD                              | CUSIP: N/A<br>LEI: 549300402C8KQEW78U64       | Long             | EC               | CORP              | BM        |   1487081 | NS      | $483778.44    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KODIAK GAS SERVICES INC           | KODIAK GAS SERVICES INC                       | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1542600 | NS      | $104588280.00 | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY and CO                  | ELI LILLY and CO                              | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     62300 | NS      | $58225580.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                   | EMCOR GROUP INC                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |    147900 | NS      | $131877993.00 | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PLC   | SEAGATE TECHNOLOGY HOLDINGS PLC               | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |    473700 | NS      | $319103268.00 | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                      | GE AEROSPACE                                  | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     94737 | NS      | $27467098.41  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                      | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    603000 | NS      | $251710290.00 | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD                | TEEKAY TANKERS LTD CL A                       | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | BM        |    999262 | NS      | $78492030.10  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLROSE PROPERTIES INC REIT      | MILLROSE PROPERTIES INC                       | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3623200 | NS      | $111123544.00 | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| CF INDUSTRIES HOLDINGS INC        | CF INDUSTRIES HOLDINGS INC                    | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    264500 | NS      | $32850900.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RENEWABLE CORP         | BROOKFIELD RENEWABLE CORP                     | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |    854432 | NS      | $30981704.32  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| INTERCONTINENTAL EXCHANGE INC     | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    331900 | NS      | $52470071.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WHIRLPOOL CORP                    | WHIRLPOOL CORP                                | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |    133500 | NS      | $7484010.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| COMCAST CORP                      | COMCAST CORP CL A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1357842 | NS      | $36716047.68  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP           | MARATHON PETROLEUM CORP                       | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    170100 | NS      | $42234129.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS LP   | ENTERPRISE PRODS PARTNERS LP                  | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   1662900 | NS      | $64354230.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD   | TAIWAN SEMICONDUCTOR MFG CO LTD               | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   1102000 | NS      | $76746330.89  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC   | PHILIP MORRIS INTL INC                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    777500 | NS      | $128341925.00 | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust      | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 132874579 | NS      | $132901153.50 | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD   | TAIWAN SEMIC MFG CO LTD SP ADR                | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    500580 | NS      | $198259714.80 | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS INC           | CBOE GLOBAL MARKETS INC                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    275900 | NS      | $82794831.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    921219 | NS      | $142171728.27 | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                      | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    306300 | NS      | $54812385.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                  | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |    415100 | NS      | $55605400.67  | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| PAYCOM SOFTWARE INC               | PAYCOM SOFTWARE INC                           | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |    203500 | NS      | $25795660.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| REYNOLDS CONSUMER PRODUCTS INC    | REYNOLDS CONSUMER PRODUCTS INC                | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |   1491100 | NS      | $31268367.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UWM HOLDINGS CORP                 | UWM HOLDINGS CORP CL A                        | CUSIP: 91823B109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  12462600 | NS      | $44117604.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES INC        | CORE NATURAL RESOURCES INC                    | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |    437842 | NS      | $39291941.08  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK STONE MINERALS L P          | BLACK STONE MINERALS L P                      | CUSIP: 09225M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3854046 | NS      | $55189938.72  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES INC | HUNTINGTON INGALLS INDUSTRIES INC             | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |    113400 | NS      | $41310486.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                         | BOEING CO                                     | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |   1317740 | NS      | $301801992.20 | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC         | UNITED PARCEL SERVICE INC CL B                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |   1137900 | NS      | $123803520.00 | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                 | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    132400 | NS      | $40400536.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC    | ALLISON TRANSMISSION HLDGS INC                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |   1725945 | NS      | $231880710.75 | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL              | EDISON INTL                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    210200 | NS      | $14606798.00  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC             | MICRON TECHNOLOGY INC                         | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    312400 | NS      | $161560784.00 | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust      | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 170743192 | NS      | $170760265.86 | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                       | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   4945825 | NS      | $987038295.25 | 8.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                    | MASTERCARD INC CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     55900 | NS      | $28113228.00  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                | WELLS FARGO and CO                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    823583 | NS      | $67723230.09  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION       | BANK OF AMERICA CORPORATION                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    649800 | NS      | $34738308.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SK HYNIX INC                      | SK HYNIX INC                                  | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |    162580 | NS      | $145914410.28 | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| HUMANA INC                        | HUMANA INC                                    | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |    134100 | NS      | $31706604.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD CORP                   | BROOKFIELD CORP CL A                          | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |   1947100 | NS      | $87853152.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC               | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    263600 | NS      | $34489424.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC            | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    215103 | NS      | $79691359.44  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                       | EXELON CORP                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    375930 | NS      | $17289020.70  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP INC          | SIMON PPTY GROUP INC - REIT                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    157300 | NS      | $32043583.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO NEVADA CORP                | FRANCO-NEVADA CORP                            | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     80500 | NS      | $18571862.92  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                         | MOSAIC CO NEW                                 | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |   1303000 | NS      | $30320810.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                        | KENVUE INC                                    | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1354100 | NS      | $23737373.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDBRIDGE CO LLC                 | LANDBRIDGE CO LLC CLASS A                     | CUSIP: 514952100<br>LEI: 529900P7NBGGY6C0SF08 | Long             | EC               | CORP              | US        |    691700 | NS      | $47540541.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| MPLX LP                           | MPLX LP                                       | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |   2348100 | NS      | $132127587.00 | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HIMALAYA SHIPPING LTD             | HIMALAYA SHIPPING LTD                         | CUSIP: N/A<br>LEI: 984500D86FFE5EYE7988       | Long             | EC               | CORP              | BM        |   1540100 | NS      | $21006964.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HILTON WORLDWIDE HOLDINGS INC     | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     24900 | NS      | $8069343.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLD.COM INC                      | GOLD.COM INC                                  | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |    180500 | NS      | $8156795.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| SS and C TECHNOLOGIES HLDGS INC   | SS and C TECHNOLOGIES HOLDINGS INC            | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    551200 | NS      | $38198160.00  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MATCH GROUP INC                   | MATCH GROUP INC                               | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    333200 | NS      | $12468344.00  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                      | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2401300 | NS      | $924020240.00 | 8.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                      | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    865900 | NS      | $96192831.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP      | WHEATON PRECIOUS METALS CORP                  | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    342600 | NS      | $43275523.98  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer