# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000035402-26-000504
**Filing Date:** 2026-1
**Character Count:** 27786
**Document Hash:** 8d80efa08d4e375afba46247bf512186
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-000504.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000035402-26-000504

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**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:** 26555457

**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

### Brokerage and Investment Management Portfolio (Series ID: S000007490)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000020464 | Brokerage and Investment Management Portfolio | FSLBX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Select Portfolios®**

**Brokerage and Investment Management Portfolio**

**November 30, 2025**

BRO-NPRT3-0126

1.810691.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.7%** | &nbsp;&nbsp;**Common Stocks - 99.7%** | &nbsp;&nbsp;**Common Stocks - 99.7%** |
|  | Shares | Value ($)<br>|
| CANADA - 1.1%  |  |  |
| Financials - 1.1% |  |  |
| Capital Markets - 1.1% |  |  |
| Brookfield Asset Management Ltd Class A (United States)  | 263300 | 13886442 |
| GRAND CAYMAN (UK OVERSEAS TER) - 0.6%  |  |  |
| Financials - 0.6% |  |  |
| Capital Markets - 0.6% |  |  |
| Patria Investments Ltd Class A (a) | 486172 | 7326612 |
| LUXEMBOURG - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Capital Markets - 0.1% |  |  |
| CVC Capital Partners PLC (b)(c) | 103613 | 1712037 |
| SWEDEN - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Capital Markets - 0.1% |  |  |
| EQT AB  | 29400 | 1018287 |
| UNITED KINGDOM - 1.0%  |  |  |
| Financials - 1.0% |  |  |
| Capital Markets - 1.0% |  |  |
| ICG PLC  | 461400 | 12679277 |
| UNITED STATES - 96.8%  |  |  |
| Financials - 96.8% |  |  |
| Capital Markets - 91.1% |  |  |
| Ameriprise Financial Inc  | 95600 | 43568744 |
| Ares Management Corp Class A  | 416600 | 65343710 |
| BGC Group Inc Class A  | 2198700 | 19128690 |
| Blackrock Inc  | 24300 | 25449390 |
| Blackstone Inc  | 371700 | 54424314 |
| Blue Owl Capital Inc Class A (a) | 4241000 | 63615000 |
| Carlyle Group Inc/The  | 540400 | 29468012 |
| Cboe Global Markets Inc  | 100538 | 25955895 |
| Charles Schwab Corp/The  | 840861 | 77973041 |
| CME Group Inc Class A  | 110800 | 31185768 |
| Coinbase Global Inc Class A (d) | 134400 | 36667008 |
| Evercore Inc Class A  | 65200 | 20868564 |
| Galaxy Digital Inc Class A  | 182500 | 4852675 |
| Houlihan Lokey Inc Class A  | 71300 | 12506020 |
| Interactive Brokers Group Inc Class A  | 540500 | 35143310 |
| Intercontinental Exchange Inc  | 402700 | 63344710 |
| Jefferies Financial Group Inc  | 295300 | 16997468 |
| KKR & Co Inc Class A  | 576475 | 70508657 |
| LPL Financial Holdings Inc  | 109700 | 39057588 |
| MarketAxess Holdings Inc  | 81900 | 13422591 |
| Moelis & Co Class A  | 98300 | 6307911 |
| Moody's Corp  | 190400 | 93444513 |
| MSCI Inc  | 44900 | 25311028 |
| Nasdaq Inc  | 310700 | 28248844 |
| Open Lending Corp (d) | 171300 | 327183 |
| P10 Inc Class A  | 174100 | 1633058 |
| PJT Partners Inc Class A (a) | 72112 | 12115537 |
| Raymond James Financial Inc  | 213600 | 33436944 |
| Robinhood Markets Inc Class A (d) | 498000 | 63988020 |
| S&P Global Inc  | 111100 | 55420013 |
| SEI Investments Co  | 129200 | 10447112 |
| StepStone Group Inc Class A  | 182400 | 11520384 |
| TPG Inc Class A (a) | 321500 | 18994220 |
| Tradeweb Markets Inc Class A  | 165500 | 18016330 |
|  |  | 1128692252 |
| Financial Services - 5.7% |  |  |
| Apollo Global Management Inc  | 539761 | 71167488 |
| TOTAL UNITED STATES |  | 1199859740 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $698,915,066) |  | <br> **1236482395** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 5.5%** | &nbsp;&nbsp;**Money Market Funds - 5.5%** | &nbsp;&nbsp;**Money Market Funds - 5.5%** | &nbsp;&nbsp;**Money Market Funds - 5.5%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.02 | 3886666 | 3887443 |
| Fidelity Securities Lending Cash Central Fund (e)(f) | 4.02 | 64339669 | 64346103 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $68,233,546) |  |  | **68233546** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 105.2%**<br> (Cost $767,148,612)<br>| <br>**1304715941** |
| **NET OTHER ASSETS (LIABILITIES) - (5.2)%**  | **(64339282)** |
| **NET ASSETS - 100.0%** | **1240376659** |

---

**Legend**

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

(b) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $1,712,037 or 0.1% of net assets.

(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $1,712,037 or 0.1% of net assets.

(d) Non-income producing.

(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

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

At period end, the value of non-cash collateral for securities on loan amounted to $10,579,885.

**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 | - | 117789548 | 113902200 | 105391 | 95 | - | 3887443 | 3886666 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 98917912 | 834255225 | 868826795 | 36541 | (239) | - | 64346103 | 64339669 | 0.2% |
| Total | 98917912 | 952044773 | 982728995 | 141932 | (144) | - | 68233546 |  |  |

---

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.

**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 Select Portfolios

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

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

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

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

- **a. Name of Series:** Select Brokerage and Investment Management Portfolio

- **b. EDGAR series identifier (if any):** S000007490

- **c. LEI of Series:** UZLGX11Z4I4N5F2Q5103

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

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

- **b. Date as of which information is reported:** 2025-11-30

**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:** $1318451872.94

**Total Liabilities:** $77532474.51

**Net Assets:** $1240919398.43

**Cash Not Reported:** $1412871.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020464 | -1.15%               | -4.71%               | 0.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5950886.33              | $-22789876.63                              |
| Month 2  | $11071003.02             | $-75622743.08                              |
| Month 3  | $4416315.07              | $-7996199.91                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERIPRISE FINL INC             | AMERIPRISE FINANCIAL INC                      | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     95600 | NS      | $43568744.00  | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP            | ARES MANAGEMENT CORP CL A                     | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    416600 | NS      | $65343710.00  | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC                  | BLACKSTONE INC                                | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    371700 | NS      | $54424314.00  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS INC         | CBOE GLOBAL MARKETS INC                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    100538 | NS      | $25955895.46  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                   | CME GROUP INC CL A                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    110800 | NS      | $31185768.00  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLYLE GROUP INC/THE           | CARLYLE GROUP INC (THE)                       | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |    540400 | NS      | $29468012.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC                    | EVERCORE INC A                                | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     65200 | NS      | $20868564.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust    | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   2474078 | NS      | $2474572.66   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust    | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  76749097 | NS      | $76756771.96  | 6.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY                  | HOULIHAN LOKEY                                | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     71300 | NS      | $12506020.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERACTIVE BROKERS GROUP INC   | INTERACTIVE BROKERS GROUP INC                 | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    540500 | NS      | $35143310.00  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC   | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    402700 | NS      | $63344710.00  | 5.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ICG PLC                         | ICG PLC                                       | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |    461400 | NS      | $12679277.46  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR and CO INC                  | KKR and CO INC                                | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    576475 | NS      | $70508657.25  | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL FINANCIAL HOLDINGS INC      | LPL FINL HLDGS INC                            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |    109700 | NS      | $39057588.00  | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC   | JEFFERIES FINANCIAL GROUP INC                 | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    295300 | NS      | $16997468.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                        | MSCI INC                                      | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     44900 | NS      | $25311028.00  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC        | MARKETAXESS HLDGS INC                         | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     81900 | NS      | $13422591.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| S and P GLOBAL INC              | S and P GLOBAL INC                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    111100 | NS      | $55420013.00  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MOELIS and CO                   | MOELIS and CO CL A                            | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     98300 | NS      | $6307911.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODYS CORP                     | MOODYS CORP                                   | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    190400 | NS      | $93444512.00  | 7.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ INC                      | NASDAQ INC                                    | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    310700 | NS      | $28248844.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT PARTNERS INC                | PJT PARTNERS INC                              | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |     72112 | NS      | $12115537.12  | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| RAYMOND JAMES FINANCIAL INC.    | RAYMOND JAMES FINANCIAL INC.                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    213600 | NS      | $33436944.00  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI INVESTMENTS CO              | SEI INV CORP                                  | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    129200 | NS      | $10447112.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP             | SCHWAB CHARLES CORP                           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    840861 | NS      | $77973040.53  | 6.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADEWEB MARKETS INC            | TRADEWEB MARKETS INC A                        | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165500 | NS      | $18016330.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT AB                          | EQT AB                                        | CUSIP: N/A<br>LEI: 213800U7P9GOIRKCTB34       | Long             | EC               | CORP              | SE        |     29400 | NS      | $1018286.97   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OPEN LENDING CORP               | OPEN LENDING CORP                             | CUSIP: 68373J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171300 | NS      | $327183.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| STEPSTONE GROUP INC             | STEPSTONE GROUP INC CLASS A                   | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182400 | NS      | $11520384.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC            | BLUE OWL CAPITAL INC A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4241000 | NS      | $63615000.00  | 5.13%             |  |  |  | No            |                  1 | On Loan: —       |
| PATRIA INVESTMENTS LTD          | PATRIA INVESTMENTS LTD                        | CUSIP: N/A<br>LEI: 254900MZMZN2NNVXYO82       | Long             | EC               | CORP              | KY        |    486172 | NS      | $7326612.04   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| COINBASE GLOBAL INC             | COINBASE GLOBAL INC                           | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |    134400 | NS      | $36667008.00  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC           | ROBINHOOD MARKETS INC                         | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    536400 | NS      | $68922036.00  | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| P10 INC                         | P10 INC CL A                                  | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174100 | NS      | $1633058.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG INC                         | TPG INC                                       | CUSIP: 872657101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    321500 | NS      | $18994220.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: —       |
| APOLLO GLOBAL MANAGEMENT, INC   | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    539761 | NS      | $71167487.85  | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CVC CAPITAL PARTNERS PLC        | CVC CAPITAL PARTNERS PLC                      | CUSIP: N/A<br>LEI: 213800E8UQS1KA32YD39       | Long             | EC               | CORP              | JE        |    103613 | NS      | $1712037.38   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD | BROOKFIELD ASSET MANAGEMENT LTD A             | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |    263300 | NS      | $13886442.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC GROUP INC                   | BGC GROUP INC A                               | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |   2198700 | NS      | $19128690.00  | 1.54%             |  |  |  | No            |                  1 | On Loan: —       |
| BLACKROCK INC                   | BLACKROCK INC                                 | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     24300 | NS      | $25449390.00  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer