# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0001752724-25-176679
**Filing Date:** 2025-7
**Character Count:** 39502
**Document Hash:** 475faa74aba81e6fb52b840cf1d21116
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176679.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176679

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**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:** 251146267

**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 Environment and Alternative Energy Fund (Series ID: S000007461)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000020435 | Fidelity Environment and Alternative Energy Fund | FSLEX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Environment and Alternative Energy Fund**

**May 31, 2025**

ENV-NPRT1-0725

1.802170.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.9%** | &nbsp;&nbsp;**Common Stocks - 99.9%** | &nbsp;&nbsp;**Common Stocks - 99.9%** |
|  | Shares | Value ($)<br>|
| BAILIWICK OF JERSEY - 0.3%  |  |  |
| Consumer Discretionary - 0.3% |  |  |
| Automobile Components - 0.3% |  |  |
| Aptiv PLC  | 23510 | 1570703 |
| CANADA - 0.6%  |  |  |
| Energy - 0.6% |  |  |
| Oil, Gas & Consumable Fuels - 0.6% |  |  |
| Cameco Corp (United States)  | 56050 | 3280607 |
| GERMANY - 2.8%  |  |  |
| Industrials - 2.2% |  |  |
| Electrical Equipment - 2.2% |  |  |
| Siemens Energy AG (a) | 117280 | 11461252 |
| Utilities - 0.6% |  |  |
| Independent Power and Renewable Electricity Producers - 0.6% |  |  |
| RWE AG  | 83410 | 3140568 |
| TOTAL GERMANY |  | 14601820 |
| JAPAN - 0.5%  |  |  |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| Allegro MicroSystems Inc (a) | 111660 | 2830581 |
| NETHERLANDS - 2.9%  |  |  |
| Information Technology - 2.9% |  |  |
| Semiconductors & Semiconductor Equipment - 2.9% |  |  |
| NXP Semiconductors NV  | 78030 | 14913874 |
| UNITED STATES - 92.8%  |  |  |
| Consumer Discretionary - 11.5% |  |  |
| Automobiles - 10.4% |  |  |
| Rivian Automotive Inc Class A (a)(b) | 150790 | 2190979 |
| Tesla Inc (a) | 151200 | 52384752 |
|  |  | 54575731 |
| Household Durables - 1.1% |  |  |
| KB Home  | 30360 | 1565969 |
| TopBuild Corp (a) | 14280 | 4039669 |
|  |  | 5605638 |
| TOTAL CONSUMER DISCRETIONARY |  | 60181369 |
| Energy - 2.4% |  |  |
| Energy Equipment & Services - 1.0% |  |  |
| Baker Hughes Co Class A  | 141510 | 5242946 |
| Oil, Gas & Consumable Fuels - 1.4% |  |  |
| Centrus Energy Corp Class A (a)(b) | 15930 | 2021835 |
| EQT Corp  | 92490 | 5098974 |
|  |  | 7120809 |
| TOTAL ENERGY |  | 12363755 |
| Health Care - 0.6% |  |  |
| Life Sciences Tools & Services - 0.6% |  |  |
| Agilent Technologies Inc  | 11440 | 1280364 |
| Danaher Corp  | 13610 | 2584539 |
|  |  | 3864903 |
| Industrials - 30.5% |  |  |
| Aerospace & Defense - 2.2% |  |  |
| ATI Inc (a) | 57380 | 4569743 |
| GE Aerospace  | 13680 | 3364049 |
| Woodward Inc  | 16720 | 3617038 |
|  |  | 11550830 |
| Building Products - 6.8% |  |  |
| Advanced Drainage Systems Inc  | 29700 | 3265812 |
| AZEK Co Inc/The Class A (a) | 67770 | 3355293 |
| Builders FirstSource Inc (a) | 25400 | 2735072 |
| Fortune Brands Innovations Inc  | 15770 | 794807 |
| Johnson Controls International plc  | 92810 | 9408150 |
| Trane Technologies PLC  | 36410 | 15666131 |
|  |  | 35225265 |
| Commercial Services & Supplies - 5.0% |  |  |
| Clean Harbors Inc (a) | 18190 | 4125310 |
| Republic Services Inc  | 70690 | 18187830 |
| Tetra Tech Inc  | 113000 | 3948220 |
|  |  | 26261360 |
| Construction & Engineering - 1.7% |  |  |
| AECOM  | 44880 | 4930068 |
| Quanta Services Inc  | 11390 | 3901758 |
|  |  | 8831826 |
| Electrical Equipment - 5.6% |  |  |
| Acuity Inc  | 13370 | 3474729 |
| Eaton Corp PLC  | 57100 | 18283420 |
| GE Vernova Inc  | 7560 | 3575729 |
| NEXTracker Inc Class A (a) | 57400 | 3254006 |
| Vertiv Holdings Co Class A  | 6690 | 722052 |
|  |  | 29309936 |
| Ground Transportation - 2.3% |  |  |
| Norfolk Southern Corp  | 48450 | 11972964 |
| Machinery - 5.0% |  |  |
| Cummins Inc  | 27912 | 8973150 |
| Deere & Co  | 9970 | 5047412 |
| Parker-Hannifin Corp  | 7340 | 4878898 |
| Westinghouse Air Brake Technologies Corp  | 36580 | 7400866 |
|  |  | 26300326 |
| Professional Services - 0.9% |  |  |
| KBR Inc  | 94230 | 4917863 |
| Trading Companies & Distributors - 1.0% |  |  |
| Core & Main Inc Class A (a) | 99800 | 5470038 |
| TOTAL INDUSTRIALS |  | 159840408 |
| Information Technology - 29.2% |  |  |
| Communications Equipment - 2.7% |  |  |
| Arista Networks Inc  | 163260 | 14144846 |
| Electronic Equipment, Instruments & Components - 0.6% |  |  |
| Coherent Corp (a) | 46240 | 3497131 |
| IT Services - 7.9% |  |  |
| Amdocs Ltd  | 56950 | 5225732 |
| IBM Corporation  | 139610 | 36167367 |
|  |  | 41393099 |
| Semiconductors & Semiconductor Equipment - 5.1% |  |  |
| Aehr Test Systems (a)(b) | 66850 | 637749 |
| Analog Devices Inc  | 50900 | 10891582 |
| Enphase Energy Inc (a) | 39960 | 1653944 |
| First Solar Inc (a) | 39520 | 6247322 |
| ON Semiconductor Corp (a) | 85260 | 3582625 |
| Universal Display Corp  | 24480 | 3509208 |
|  |  | 26522430 |
| Software - 12.9% |  |  |
| Microsoft Corp  | 146740 | 67553227 |
| TOTAL INFORMATION TECHNOLOGY |  | 153110733 |
| Materials - 10.6% |  |  |
| Chemicals - 7.7% |  |  |
| Aspen Aerogels Inc (a)(b) | 165022 | 950527 |
| Axalta Coating Systems Ltd (a) | 107080 | 3298064 |
| Linde PLC  | 72790 | 34035148 |
| PureCycle Technologies Inc (a)(b) | 225910 | 2148404 |
|  |  | 40432143 |
| Containers & Packaging - 1.4% |  |  |
| Ball Corp  | 135420 | 7255804 |
| Metals & Mining - 1.5% |  |  |
| Carpenter Technology Corp  | 23180 | 5447300 |
| Commercial Metals Co  | 49170 | 2290830 |
|  |  | 7738130 |
| TOTAL MATERIALS |  | 55426077 |
| Real Estate - 3.7% |  |  |
| Industrial REITs - 3.7% |  |  |
| Prologis Inc  | 179110 | 19451346 |
| Utilities - 4.3% |  |  |
| Electric Utilities - 3.0% |  |  |
| PG&E Corp  | 458320 | 7736442 |
| Southern Co/The  | 88120 | 7930800 |
|  |  | 15667242 |
| Independent Power and Renewable Electricity Producers - 1.3% |  |  |
| AES Corp/The  | 251580 | 2538442 |
| Vistra Corp  | 25470 | 4089718 |
|  |  | 6628160 |
| TOTAL UTILITIES |  | 22295402 |
| TOTAL UNITED STATES |  | 486533993 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $370,730,332) |  | <br> **523731578** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Cellink Corp Series D (a)(c)(d)<br>(Cost $295,699)<br>| 14200 | **62338** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 1.5%** | &nbsp;&nbsp;**Money Market Funds - 1.5%** | &nbsp;&nbsp;**Money Market Funds - 1.5%** | &nbsp;&nbsp;**Money Market Funds - 1.5%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (e) | 4.32 | 480111 | 480207 |
| Fidelity Securities Lending Cash Central Fund (e)(f) | 4.32 | 7631448 | 7632211 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $8,112,418) |  |  | **8112418** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 101.4%**<br> (Cost $379,138,449)<br>| <br>**531906334** |
| **NET OTHER ASSETS (LIABILITIES) - (1.4)%**  | **(7309435)** |
| **NET ASSETS - 100.0%** | **524596899** |

---

**Legend**

(a) Non-income producing

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

(c) Level 3 security

(d) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $62,338 or 0.0% of net assets.

(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.

---

| | | |
|:---|:---|:---|
| Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: |
| Security | Acquisition Date | Acquisition Cost ($)<br>|
| Cellink Corp Series D | 1/20/22 | 295699 |

---

**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 | - | 4346744 | 3866537 | 830 | - | - | 480207 | 480111 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 9525875 | 15236449 | 17130113 | 9846 | - | - | 7632211 | 7631448 | 0.0% |
| Total | 9525875 | 19583193 | 20996650 | 10676 | - | - | 8112418 |  |  |

---

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:** Fidelity Environment and Alternative Energy Fund

- **b. EDGAR series identifier (if any):** S000007461

- **c. LEI of Series:** 1N6VIPFDXC4HQGU3C298

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

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

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $532859309.38

**Total Liabilities:** $8261124.60

**Net Assets:** $524598184.78

**Cash Not Reported:** $4322.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020435 | -5.49%               | 1.31%                | 10.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3978026.14              | $-32951126.04                              |
| Month 2  | $2512538.40              | $3329765.54                                |
| Month 3  | $754141.75               | $50780243.07                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COHERENT CORP                      | COHERENT CORP                                 | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     46240 | NS      | $3497131.20   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP                           | AES CORP                                      | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    251580 | NS      | $2538442.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| RWE AG                             | RWE AG                                        | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |     83410 | NS      | $3140567.97   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY CORP          | CARPENTER TECHNOLOGY CORP                     | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     23180 | NS      | $5447300.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP   | WESTINGHOUSE AIR BRAKE TECH CORP              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     36580 | NS      | $7400865.60   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK CO INC/THE                    | AZEK CO INC                                   | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |     67770 | NS      | $3355292.70   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRUS ENERGY CORP                | CENTRUS ENERGY CORP CL A                      | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |     15930 | NS      | $2021835.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| FORTUNE BRANDS INNOVATIONS INC     | FORTUNE BRANDS INNOVATIONS INC                | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     15770 | NS      | $794808.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                     | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      7560 | NS      | $3575728.80   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                            | KB HOME                                       | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     30360 | NS      | $1565968.80   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                 | ANALOG DEVICES INC                            | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     50900 | NS      | $10891582.00  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CELLINK CORP                       | CELLINK CORP SER D PC PP                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     14200 | NS      | $62338.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOUTHERN COMPANY                   | SOUTHERN CO                                   | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     88120 | NS      | $7930800.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                     | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    146740 | NS      | $67553226.40  | 12.88%            |  |  |  | No            |                  1 | On Loan: No      |
| RIVIAN AUTOMOTIVE INC              | RIVIAN AUTOMOTIVE INC                         | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |    150790 | NS      | $2190978.70   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| QUANTA SVCS INC                    | QUANTA SVCS INC                               | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     11390 | NS      | $3901758.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                           | EQT CORPORATION                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     92490 | NS      | $5098973.70   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ACUITY INC                         | ACUITY INC                                    | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13370 | NS      | $3474729.30   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORP              | ON SEMICONDUCTOR CORP                         | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     85260 | NS      | $3582625.20   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE and CO                       | DEERE and CO                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      9970 | NS      | $5047412.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV              | NXP SEMICONDUCTORS NV                         | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     78030 | NS      | $14913873.90  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO                 | VERTIV HOLDINGS CO                            | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      6690 | NS      | $722051.70    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                          | BALL CORP                                     | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    135420 | NS      | $7255803.60   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                              | AECOM                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     44880 | NS      | $4930068.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAN HARBORS INC                  | CLEAN HARBORS INC                             | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     18190 | NS      | $4125310.10   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                        | CUMMINS INC                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     27912 | NS      | $8973149.76   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG                  | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |    117280 | NS      | $11461251.81  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| TESLA INC                          | TESLA INC                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    151200 | NS      | $52384752.00  | 9.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                      | PG and E CORP                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    458320 | NS      | $7736441.60   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLEGRO MICROSYSTEMS INC           | ALLEGRO MICROSYSTEMS INC                      | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |    111660 | NS      | $2830581.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AEHR TEST SYSTEMS                  | AEHR TEST SYSTEMS                             | CUSIP: 00760J108<br>LEI: 529900A4GWWZFRU2RE97 | Long             | EC               | CORP              | US        |     66850 | NS      | $637749.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| KBR INC                            | KBR INC                                       | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     94230 | NS      | $4917863.70   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI INC                            | ATI INC                                       | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     57380 | NS      | $4569743.20   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                     | EATON CORP PLC                                | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |     57100 | NS      | $18283420.00  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORP               | PARKER HANNIFIN CORP                          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      7340 | NS      | $4878898.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                          | APTIV PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |     23510 | NS      | $1570703.10   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODWARD INC                       | WOODWARD INC                                  | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     16720 | NS      | $3617037.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                       | GE AEROSPACE                                  | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     13680 | NS      | $3364048.80   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY INC                 | ENPHASE ENERGY INC                            | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     39960 | NS      | $1653944.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES INC           | AGILENT TECHNOLOGIES INC                      | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     11440 | NS      | $1280364.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL METALS CO               | COMMERCIAL METALS CO                          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     49170 | NS      | $2290830.30   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    480111 | NS      | $480207.18    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC             | TRANE TECHNOLOGIES PLC                        | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |     36410 | NS      | $15666130.70  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PURECYCLE TECHNOLOGIES INC         | PURECYCLE TECHNOLOGIES INC                    | CUSIP: 74623V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    225910 | NS      | $2148404.10   | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| DANAHER CORP                       | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     13610 | NS      | $2584539.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP                      | TOPBUILD CORP                                 | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     14280 | NS      | $4039669.20   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BAKER HUGHES CO                    | BAKER HUGHES CO                               | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141510 | NS      | $5242945.50   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTRACKER INC                     | NEXTRACKER INC CL A                           | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57400 | NS      | $3254006.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECH INC NEW                 | TETRA TECH INC                                | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |    113000 | NS      | $3948220.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED DRAIN SYS INC DEL         | ADVANCED DRAINAGE SYSTEMS INC                 | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     29700 | NS      | $3265812.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| AXALTA COATING SYSTEMS LTD         | AXALTA COATING SYSTEMS LTD                    | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Long             | EC               | CORP              | BM        |    107080 | NS      | $3298064.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC           | BUILDERS FIRSTSOURCE                          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     25400 | NS      | $2735072.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                | ARISTA NETWORKS INC                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    163260 | NS      | $14144846.40  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORPORATION                    | INTL BUS MACH CORP                            | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    139610 | NS      | $36167366.60  | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMECO CORP                        | CAMECO CORP                                   | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     56050 | NS      | $3280606.50   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   7955166 | NS      | $7955961.27   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP              | NORFOLK SOUTHERN CORP                         | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     48450 | NS      | $11972964.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                    | FIRST SOLAR INC                               | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     39520 | NS      | $6247321.60   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL DISPLAY CORP             | UNIVERSAL DISPLAY CORP                        | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24480 | NS      | $3509208.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                     | AMDOCS LTD                                    | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     56950 | NS      | $5225732.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PLC | JOHNSON CONTROLS INTERNATIONAL PLC            | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     92810 | NS      | $9408149.70   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                        | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     25470 | NS      | $4089717.90   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                       | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    179110 | NS      | $19451346.00  | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN AEROGELS INC                 | ASPEN AEROGELS INC                            | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165022 | NS      | $950526.72    | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| REPUBLIC SERVICES INC              | REPUBLIC SERVICES INC                         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     70690 | NS      | $18187830.10  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                          | LINDE PLC                                     | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     72790 | NS      | $34035148.20  | 6.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE and MAIN INC                  | CORE and MAIN INC                             | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99800 | NS      | $5470038.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer