# EDGAR Filing Document

**Accession Number:** 0000754510
**File Stem:** 0001752724-25-160011
**Filing Date:** 2025-6
**Character Count:** 82990
**Document Hash:** 89d526422d40de4398e15e1643c5cb39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-160011.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-160011

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250731

**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:** 251079953

**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 OTC Portfolio (Series ID: S000007191)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000019679 | Fidelity OTC Portfolio             | FOCPX           |
| C000064268 | Class K                            | FOCKX           |
| C000254549 | Fidelity Advisor OTC Fund: Class Z | FOTJX           |
| C000254550 | Fidelity Advisor OTC Fund: Class C | FOTGX           |
| C000254551 | Fidelity Advisor OTC Fund: Class A | FOTDX           |
| C000254552 | Fidelity Advisor OTC Fund: Class M | FOTEX           |
| C000254553 | Fidelity Advisor OTC Fund: Class I | FOTHX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® OTC Portfolio**

**April 30, 2025**

OTC-NPRT3-0625

1.800345.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 95.4%** | &nbsp;&nbsp;**Common Stocks - 95.4%** | &nbsp;&nbsp;**Common Stocks - 95.4%** |
|  | Shares | Value ($)<br>|
| BRAZIL - 0.4%  |  |  |
| Consumer Discretionary - 0.4% |  |  |
| Broadline Retail - 0.4% |  |  |
| MercadoLibre Inc (a) | 52691 | 122814817 |
| CANADA - 0.4%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| Cenovus Energy Inc  | 163706 | 1927280 |
| Information Technology - 0.2% |  |  |
| IT Services - 0.2% |  |  |
| Shopify Inc Class A (United States) (a) | 467932 | 44453540 |
| Materials - 0.2% |  |  |
| Metals & Mining - 0.2% |  |  |
| Franco-Nevada Corp (United States)  | 395900 | 68007702 |
| TOTAL CANADA |  | 114388522 |
| CHINA - 0.1%  |  |  |
| Communication Services - 0.0% |  |  |
| Entertainment - 0.0% |  |  |
| Netease Inc ADR  | 14461 | 1548195 |
| Interactive Media & Services - 0.0% |  |  |
| Tencent Holdings Ltd ADR  | 81889 | 5000142 |
| TOTAL COMMUNICATION SERVICES |  | 6548337 |
| Consumer Discretionary - 0.0% |  |  |
| Broadline Retail - 0.0% |  |  |
| Alibaba Group Holding Ltd ADR  | 6263 | 747990 |
| JD.com Inc A Shares  | 8495 | 138310 |
|  |  | 886300 |
| Financials - 0.1% |  |  |
| Financial Services - 0.1% |  |  |
| Ant International Co Ltd Class C (b)(c) | 10036067 | 18667085 |
| TOTAL CHINA |  | 26101722 |
| DENMARK - 0.2%  |  |  |
| Health Care - 0.2% |  |  |
| Biotechnology - 0.2% |  |  |
| Ascendis Pharma A/S ADR (a) | 269166 | 45876653 |
| FRANCE - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Biotechnology - 0.0% |  |  |
| GenSight Biologics SA (a)(d) | 210187 | 54765 |
| IRELAND - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Financial Services - 0.1% |  |  |
| Circle Internet Financial LLC (b) | 1272556 | 29688731 |
| Circle Internet Financial LLC (b) | 391560 | 9135095 |
| TOTAL IRELAND |  | 38823826 |
| ISRAEL - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Broadline Retail - 0.0% |  |  |
| Global-e Online Ltd (a) | 246710 | 8859356 |
| NETHERLANDS - 1.8%  |  |  |
| Health Care - 1.0% |  |  |
| Biotechnology - 1.0% |  |  |
| Argenx SE ADR (a) | 417726 | 269491752 |
| Information Technology - 0.8% |  |  |
| Semiconductors & Semiconductor Equipment - 0.8% |  |  |
| ASML Holding NV depository receipt  | 121717 | 81316693 |
| BE Semiconductor Industries NV  | 344915 | 36823051 |
| NXP Semiconductors NV  | 552488 | 101829064 |
|  |  | 219968808 |
| TOTAL NETHERLANDS |  | 489460560 |
| TAIWAN - 1.6%  |  |  |
| Information Technology - 1.6% |  |  |
| Semiconductors & Semiconductor Equipment - 1.6% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 2602737 | 433850231 |
| UNITED KINGDOM - 0.5%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.1% |  |  |
| Diageo PLC  | 748837 | 21027638 |
| Health Care - 0.4% |  |  |
| Pharmaceuticals - 0.4% |  |  |
| Astrazeneca PLC ADR  | 1540777 | 110612381 |
| TOTAL UNITED KINGDOM |  | 131640019 |
| UNITED STATES - 90.3%  |  |  |
| Communication Services - 18.3% |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |
| Starry Group Holdings Inc Class A (a)(b) | 331308 | 2 |
| Entertainment - 3.3% |  |  |
| Electronic Arts Inc  | 2301 | 333852 |
| Netflix Inc (a) | 799935 | 905302438 |
| Take-Two Interactive Software Inc (a) | 11388 | 2657048 |
|  |  | 908293338 |
| Interactive Media & Services - 13.5% |  |  |
| Alphabet Inc Class A  | 9248976 | 1468737389 |
| Alphabet Inc Class C  | 5029439 | 809186441 |
| Epic Games Inc (a)(b)(c) | 77600 | 49612008 |
| Meta Platforms Inc Class A  | 1934395 | 1061982855 |
| Reddit Inc Class A (a) | 2712516 | 316197990 |
| Vimeo Inc Class A (a) | 278566 | 1403973 |
|  |  | 3707120656 |
| Media - 0.7% |  |  |
| Charter Communications Inc Class A (a) | 171748 | 67301171 |
| Comcast Corp Class A  | 3695609 | 126389828 |
|  |  | 193690999 |
| Wireless Telecommunication Services - 0.8% |  |  |
| T-Mobile US Inc  | 890009 | 219787723 |
| TOTAL COMMUNICATION SERVICES |  | 5028892718 |
| Consumer Discretionary - 9.4% |  |  |
| Automobiles - 0.1% |  |  |
| Rivian Automotive Inc Class A (a) | 12878 | 175913 |
| Tesla Inc (a) | 92758 | 26172598 |
|  |  | 26348511 |
| Broadline Retail - 6.6% |  |  |
| Amazon.com Inc (a) | 9849567 | 1816457146 |
| ContextLogic Inc Class A (a) | 4849 | 34622 |
| Etsy Inc (a) | 135404 | 5887366 |
|  |  | 1822379134 |
| Diversified Consumer Services - 0.1% |  |  |
| Duolingo Inc Class A (a) | 98625 | 38412465 |
| Hotels, Restaurants & Leisure - 1.2% |  |  |
| Airbnb Inc Class A (a) | 18825 | 2295143 |
| Churchill Downs Inc  | 294457 | 26621857 |
| Domino's Pizza Inc  | 505815 | 248036502 |
| Hilton Worldwide Holdings Inc  | 75886 | 17110775 |
| Marriott International Inc/MD Class A1  | 42103 | 10044934 |
| Starbucks Corp  | 184151 | 14741288 |
|  |  | 318850499 |
| Specialty Retail - 0.9% |  |  |
| Lowe's Cos Inc  | 806346 | 180266712 |
| Ross Stores Inc  | 458808 | 63774312 |
| ThredUp Inc Class A (a)(d) | 85750 | 385017 |
|  |  | 244426041 |
| Textiles, Apparel & Luxury Goods - 0.5% |  |  |
| Figs Inc Class A (a)(d) | 44654 | 179955 |
| Kontoor Brands Inc  | 5764 | 346705 |
| Lululemon Athletica Inc (a) | 185475 | 50221066 |
| NIKE Inc Class B  | 1643100 | 92670840 |
|  |  | 143418566 |
| TOTAL CONSUMER DISCRETIONARY |  | 2593835216 |
| Consumer Staples - 3.0% |  |  |
| Beverages - 2.2% |  |  |
| Keurig Dr Pepper Inc  | 8895403 | 307691990 |
| Monster Beverage Corp (a) | 4598736 | 276476008 |
|  |  | 584167998 |
| Consumer Staples Distribution & Retail - 0.4% |  |  |
| Costco Wholesale Corp  | 93828 | 93311946 |
| Dollar Tree Inc (a) | 284702 | 23280083 |
|  |  | 116592029 |
| Food Products - 0.4% |  |  |
| Mondelez International Inc  | 1732898 | 118062341 |
| Personal Care Products - 0.0% |  |  |
| Honest Co Inc/The (a) | 156398 | 749146 |
| TOTAL CONSUMER STAPLES |  | 819571514 |
| Energy - 1.4% |  |  |
| Oil, Gas & Consumable Fuels - 1.4% |  |  |
| Diamondback Energy Inc  | 50830 | 6710068 |
| EOG Resources Inc  | 13576 | 1497840 |
| Exxon Mobil Corp  | 3582500 | 378419475 |
|  |  | 386627383 |
| Financials - 1.8% |  |  |
| Banks - 0.1% |  |  |
| Huntington Bancshares Inc/OH  | 2181056 | 31690744 |
| Wintrust Financial Corp  | 43431 | 4828223 |
|  |  | 36518967 |
| Capital Markets - 0.2% |  |  |
| Moody's Corp  | 98350 | 44564352 |
| S&P Global Inc  | 675 | 337534 |
|  |  | 44901886 |
| Financial Services - 1.5% |  |  |
| Mastercard Inc Class A  | 738764 | 404886998 |
| PayPal Holdings Inc (a) | 168864 | 11118006 |
|  |  | 416005004 |
| TOTAL FINANCIALS |  | 497425857 |
| Health Care - 9.0% |  |  |
| Biotechnology - 4.3% |  |  |
| Alnylam Pharmaceuticals Inc (a) | 1536269 | 404407452 |
| Crinetics Pharmaceuticals Inc (a) | 1919930 | 64106463 |
| Exact Sciences Corp (a) | 1162785 | 53069507 |
| Gilead Sciences Inc  | 2485400 | 264794516 |
| GRAIL Inc (d) | 6414 | 221251 |
| Ionis Pharmaceuticals Inc (a) | 31376 | 963557 |
| Legend Biotech Corp ADR (a) | 1174382 | 41044651 |
| Regeneron Pharmaceuticals Inc  | 572393 | 342726033 |
| Trevena Inc (a) | 707 | 904 |
|  |  | 1171334334 |
| Health Care Equipment & Supplies - 3.0% |  |  |
| Boston Scientific Corp (a) | 3137218 | 322725616 |
| Inspire Medical Systems Inc (a) | 135142 | 21403790 |
| Insulet Corp (a) | 1462096 | 368872200 |
| Intuitive Surgical Inc (a) | 166827 | 86049367 |
| Neuronetics Inc (a)(d) | 38218 | 167395 |
| Outset Medical Inc (a) | 2641 | 28099 |
| Pulmonx Corp (a) | 25851 | 124860 |
| TransMedics Group Inc (a) | 363868 | 33479495 |
|  |  | 832850822 |
| Health Care Providers & Services - 0.5% |  |  |
| UnitedHealth Group Inc  | 330700 | 136063208 |
| Health Care Technology - 0.5% |  |  |
| Certara Inc (a) | 220940 | 3062228 |
| Veeva Systems Inc Class A (a) | 618021 | 144425328 |
|  |  | 147487556 |
| Life Sciences Tools & Services - 0.7% |  |  |
| 10X Genomics Inc Class A (a) | 799366 | 6610757 |
| Bruker Corp  | 2085573 | 83548054 |
| Danaher Corp  | 441002 | 87904929 |
| Illumina Inc (a) | 38486 | 2986514 |
| Seer Inc Class A (a)(d) | 582754 | 1159680 |
| Thermo Fisher Scientific Inc  | 21734 | 9323886 |
|  |  | 191533820 |
| Pharmaceuticals - 0.0% |  |  |
| Elanco Animal Health Inc (a) | 87875 | 833055 |
| TherapeuticsMD Inc (a)(d) | 6773 | 8399 |
|  |  | 841454 |
| TOTAL HEALTH CARE |  | 2480111194 |
| Industrials - 3.2% |  |  |
| Aerospace & Defense - 1.4% |  |  |
| Space Exploration Technologies Corp (a)(b)(c) | 2038183 | 377063855 |
| Space Exploration Technologies Corp Class C (a)(b)(c) | 106017 | 19613145 |
|  |  | 396677000 |
| Commercial Services & Supplies - 0.0% |  |  |
| Veralto Corp  | 15779 | 1513206 |
| Construction & Engineering - 0.0% |  |  |
| Bowman Consulting Group Ltd (a) | 77394 | 1711955 |
| Ground Transportation - 1.4% |  |  |
| CSX Corp  | 283470 | 7957003 |
| Uber Technologies Inc (a) | 4512528 | 365559893 |
|  |  | 373516896 |
| Passenger Airlines - 0.0% |  |  |
| Wheels Up Experience Inc Class A (a)(d) | 79666 | 91616 |
| Wheels Up Experience Inc Class A rights (a)(b) | 11102 | 0 |
| Wheels Up Experience Inc Stage 1 rights (a)(b) | 11102 | 0 |
| Wheels Up Experience Inc Stage 3 rights (a)(b) | 11103 | 0 |
|  |  | 91616 |
| Professional Services - 0.4% |  |  |
| Verisk Analytics Inc  | 369685 | 109585725 |
| TOTAL INDUSTRIALS |  | 883096398 |
| Information Technology - 43.6% |  |  |
| Communications Equipment - 1.5% |  |  |
| Arista Networks Inc  | 463082 | 38097756 |
| Cisco Systems Inc  | 6683641 | 385846595 |
|  |  | 423944351 |
| IT Services - 0.5% |  |  |
| Gartner Inc (a) | 125444 | 52821960 |
| Twilio Inc Class A (a) | 910 | 88005 |
| X.Ai Holdings Corp Class A (b)(c) | 1968600 | 71972016 |
|  |  | 124881981 |
| Semiconductors & Semiconductor Equipment - 14.5% |  |  |
| Advanced Micro Devices Inc (a) | 52091 | 5071059 |
| Analog Devices Inc  | 449798 | 87674626 |
| Applied Materials Inc  | 64981 | 9793287 |
| Astera Labs Inc (a) | 52202 | 3409313 |
| Broadcom Inc  | 1304506 | 251078270 |
| Intel Corp  | 6687600 | 134420760 |
| Lam Research Corp  | 624901 | 44786655 |
| Marvell Technology Inc  | 9222241 | 538302207 |
| Micron Technology Inc  | 1439915 | 110801459 |
| NVIDIA Corp  | 25370402 | 2763344186 |
| QUALCOMM Inc  | 74531 | 11064872 |
| Skyworks Solutions Inc  | 92298 | 5932915 |
|  |  | 3965679609 |
| Software - 12.8% |  |  |
| Adobe Inc (a) | 92858 | 34819893 |
| Appfolio Inc Class A (a) | 50148 | 10356565 |
| Atom Tickets LLC (a)(b)(c)(e) | 516103 | 5 |
| Autodesk Inc (a) | 178686 | 49004636 |
| Cadence Design Systems Inc (a) | 629947 | 187560420 |
| Dropbox Inc Class A (a) | 190495 | 5438632 |
| Dynatrace Inc (a) | 9049 | 425032 |
| Figma Inc Class A (b)(c) | 234100 | 5555193 |
| HubSpot Inc (a) | 151543 | 92668545 |
| Intuit Inc  | 259242 | 162666578 |
| Microsoft Corp  | 7332205 | 2898127348 |
| Roper Technologies Inc  | 104701 | 58640936 |
| Salesforce Inc  | 8485 | 2280004 |
| Stripe Inc Class B (a)(b)(c) | 91800 | 3258900 |
| Synopsys Inc (a) | 48055 | 22057726 |
|  |  | 3532860413 |
| Technology Hardware, Storage & Peripherals - 14.3% |  |  |
| Apple Inc  | 18390079 | 3907891788 |
| Sandisk Corp/DE  | 94089 | 3021197 |
| Western Digital Corp (a) | 282267 | 12380231 |
|  |  | 3923293216 |
| TOTAL INFORMATION TECHNOLOGY |  | 11970659570 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Linde PLC  | 66242 | 30022862 |
| Real Estate - 0.3% |  |  |
| Specialized REITs - 0.3% |  |  |
| Equinix Inc  | 93446 | 80433645 |
| Utilities - 0.2% |  |  |
| Electric Utilities - 0.2% |  |  |
| Constellation Energy Corp  | 276590 | 61801270 |
| TOTAL UNITED STATES |  | 24832477627 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $11,572,477,532) |  | <br> **26244348098** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Preferred Stocks - 1.5%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 1.5%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 1.5%** |
|  | Shares | Value ($)<br>|
| CHINA - 0.1%  |  |  |
| Communication Services - 0.1% |  |  |
| Interactive Media & Services - 0.1% |  |  |
| ByteDance Ltd Series E1 (a)(b)(c) | 130752 | 27757342 |
| UNITED STATES - 1.4%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Automobiles - 0.2% |  |  |
| Waymo LLC Series A2 (a)(b)(c) | 103940 | 6722839 |
| Waymo LLC Series B2 (a)(b)(c) | 178470 | 11962844 |
| Waymo LLC Series C2 (b)(c) | 513288 | 39980003 |
|  |  | 58665686 |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Discord Inc Series I (a)(b)(c) | 3300 | 802461 |
| TOTAL CONSUMER DISCRETIONARY |  | 59468147 |
| Financials - 0.0% |  |  |
| Financial Services - 0.0% |  |  |
| Tenstorrent Holdings Inc Series C1 (a)(b)(c) | 79348 | 5115565 |
| Industrials - 1.2% |  |  |
| Aerospace & Defense - 1.2% |  |  |
| Anduril Industries Inc Series F (b)(c) | 1478951 | 60459517 |
| Anduril Industries Inc Series G (b)(c) | 342700 | 14009576 |
| Space Exploration Technologies Corp Series G (a)(b)(c) | 62037 | 114768450 |
| Space Exploration Technologies Corp Series H (a)(b)(c) | 65670 | 121489500 |
|  |  | 310727043 |
| Information Technology - 0.0% |  |  |
| Software - 0.0% |  |  |
| Stripe Inc Series H (a)(b)(c) | 315830 | 11211965 |
| TOTAL UNITED STATES |  | 386522720 |
| <br> **TOTAL CONVERTIBLE PREFERRED STOCKS**<br> (Cost $158,797,598) |  | <br> **414280062** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 1.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 1.9%** | &nbsp;&nbsp;**Domestic Equity Funds - 1.9%** |
|  | Shares | Value ($)<br>|
| Invesco QQQ Trust ETF <br>(Cost $520,800,618)<br>| 1100600 | **523302282** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Biotechnology - 0.0% |  |  |
| Castle Creek Biosciences Inc Series A4 (a)(b)(c)<br>(Cost $10,010,850)<br>| 30303 | **5888782** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 1.3%** | &nbsp;&nbsp;**Money Market Funds - 1.3%** | &nbsp;&nbsp;**Money Market Funds - 1.3%** | &nbsp;&nbsp;**Money Market Funds - 1.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f) | 4.33 | 344470731 | 344539625 |
| Fidelity Securities Lending Cash Central Fund (f)(g) | 4.33 | 1744611 | 1744785 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $346,284,410) |  |  | **346284410** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.1%**<br> (Cost $12,608,371,008)<br>| <br>**27534103634** |
| **NET OTHER ASSETS (LIABILITIES) - (0.1)%**  | **(30905204)** |
| **NET ASSETS - 100.0%** | **27503198430** |

---

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Non-income producing

(b) Level 3 security

(c) 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 $965,911,051 or 3.5% of net assets.

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

(e) Investment is owned by a wholly-owned subsidiary (Subsidiary) that is treated as a corporation for U.S. tax purposes.

(f) 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.

(g) 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>|
| Anduril Industries Inc Series F | 8/07/24 | 32147366 |
| Anduril Industries Inc Series G | 4/17/25 | 14010536 |
| Ant International Co Ltd Class C | 5/16/18 | 38251213 |
| Atom Tickets LLC | 8/15/17 | 3301094 |
| ByteDance Ltd Series E1 | 11/18/20 | 14327043 |
| Castle Creek Biosciences Inc Series A4 | 9/29/16 | 10010851 |
| Discord Inc Series I | 9/15/21 | 1817061 |
| Epic Games Inc | 7/13/20 - 3/29/21 | 61546000 |
| Figma Inc Class A | 5/15/24 | 5429481 |
| Space Exploration Technologies Corp | 10/16/15 - 12/09/24 | 21570984 |
| Space Exploration Technologies Corp Class C | 9/11/17 - 12/09/24 | 5858746 |
| Space Exploration Technologies Corp Series G | 1/20/15 | 4805386 |
| Space Exploration Technologies Corp Series H | 8/04/17 | 8865450 |
| Stripe Inc Class B | 5/18/21 | 3683785 |
| Stripe Inc Series H | 3/15/21 - 5/25/23 | 12672679 |
| Tenstorrent Holdings Inc Series C1 | 4/23/21 | 4717626 |
| Waymo LLC Series A2 | 5/08/20 | 8925037 |
| Waymo LLC Series B2 | 6/11/21 | 16369625 |
| Waymo LLC Series C2 | 10/18/24 | 40139789 |
| X.Ai Holdings Corp Class A | 10/27/21 | 54254583 |

---

**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 | 1912379104 | 2474685653 | 4042525132 | 5981063 | - | - | 344539625 | 344470731 | 0.6% |
| Fidelity Securities Lending Cash Central Fund | 38187555 | 761237656 | 797680426 | 68118 | - | - | 1744785 | 1744611 | 0.0% |
| Total | 1950566659 | 3235923309 | 4840205558 | 6049181 | - | - | 346284410 |  |  |

---

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.

Securities, including private placements or other restricted securities, for which observable inputs are not available are valued using alternate valuation approaches, including the market approach, the income approach and cost approach, and are categorized as Level 3 in the hierarchy. The market approach considers factors including the price of recent investments in the same or a similar security or financial metrics of comparable securities. The income approach considers factors including expected future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities.

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

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 OTC Portfolio

- **b. EDGAR series identifier (if any):** S000007191

- **c. LEI of Series:** H85U4NUC6Y0W1G00M263

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $27529973406.48

**Total Liabilities:** $18189479.82

**Net Assets:** $27511783926.66

**Cash Not Reported:** $574013.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254552 | -7.91%               | -9.05%               | -0.32%               |
| Class ID C000064268 | -4.48%               | -9.02%               | -0.26%               |
| Class ID C000254550 | -5.57%               | -9.10%               | -0.32%               |
| Class ID C000254549 | -4.52%               | -9.04%               | -0.21%               |
| Class ID C000019679 | -4.51%               | -9.02%               | -0.26%               |
| Class ID C000254553 | -4.52%               | -9.03%               | -0.26%               |
| Class ID C000254551 | -10.01%              | -9.05%               | -0.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $398163786.20            | $-1867807778.79                            |
| Month 2  | $98853351.53             | $-2893945829.60                            |
| Month 3  | $-5585597.53             | $-74116633.46                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHARTER COMMUNICATIONS INC          | CHARTER COMMUNICATIONS INC A                         | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    171748 | NS      | $67301171.28   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BE SEMICONDUCTOR INDUSTRIES NV      | BE SEMICOND INDUS NV (NETH)                          | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    344915 | NS      | $36823050.87   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                         | EQUINIX INC                                          | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     93446 | NS      | $80433644.50   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRCLE INTERNET FINANCIAL LLC       | CIRCLE INTERNET GROUP INC SER F                      | CUSIP: N/A<br>LEI: 549300UHJLR6LBGAFV55       | Long             | EC               | CORP              | US        |    391560 | NS      | $9135094.80    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC        | THERMO FISHER SCIENTIFIC INC                         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     21734 | NS      | $9323886.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                        | SYNOPSYS INC                                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     18255 | NS      | $8379227.55    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER INC                         | GARTNER INC                                          | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |    125444 | NS      | $52821959.52   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP               | COSTCO WHOLESALE CORP                                | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     93828 | NS      | $93311946.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEELS UP EXPERIENCE INC            | WHEELS UP EXPERIENCE INC                             | CUSIP: 96328L205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79666 | NS      | $91615.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| CSX CORP                            | CSX CORP                                             | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    283470 | NS      | $7957002.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                     | ASML HLDG NV (NY REG SHS) NEW YORK REGISTERED SHARES | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    121717 | NS      | $81316693.36   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                           | APPLE INC                                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |  18390079 | NS      | $3907891787.50 | 14.20%            |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC             | LULULEMON ATHLETICA INC                              | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    185475 | NS      | $50221065.75   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                  | ANALOG DEVICES INC                                   | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    449798 | NS      | $87674626.16   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH        | HUNTINGTON BANCSHARES INC                            | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   2181056 | NS      | $31690743.68   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX INC                         | DROPBOX INC CL A                                     | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    190495 | NS      | $5438632.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                        | VERALTO CORP                                         | CUSIP: 92338C103<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     15779 | NS      | $1513206.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                     | T-MOBILE US INC                                      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    890009 | NS      | $219787722.55  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC          | ADVANCED MICRO DEVICES INC                           | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     52091 | NS      | $5071058.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                      | AMAZON.COM INC                                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   9849567 | NS      | $1816457146.14 | 6.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCORD INC                         | DISCORD INC SER I PC PP                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      3300 | NS      | $802461.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MICROSOFT CORP                      | MICROSOFT CORP                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   7332205 | NS      | $2898127348.30 | 10.53%            |  |  |  | No            |                  1 | On Loan: No      |
| CRINETICS PHARMACEUTICALS INC       | CRINETICS PHARMACEUTICALS INC                        | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |   1919796 | NS      | $64101988.44   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                   | LAM RESEARCH CORP                                    | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    624901 | NS      | $44786654.67   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                        | ALPHABET INC CL C                                    | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5029439 | NS      | $809186440.71  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVIAN AUTOMOTIVE INC               | RIVIAN AUTOMOTIVE INC                                | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |     12878 | NS      | $175913.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| POWERSHARES QQQ TR                  | Invesco QQQ Trust                                    | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | CORP              | US        |    522500 | NS      | $248433075.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                         | NETEASE INC ADR                                      | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     14461 | NS      | $1548194.66    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| S and P GLOBAL INC                  | S and P GLOBAL INC                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       675 | NS      | $337533.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Figma Inc                           | FIGMA INC P/P                                        | CUSIP: N/A<br>LEI: 254900273Q0J4Z65HU28       | Long             | EC               | CORP              | US        |    234100 | NS      | $5555193.00    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ADOBE INC                           | ADOBE INC                                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     92858 | NS      | $34819892.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS INC       | REGENERON PHARMACEUTICALS INC                        | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |    572393 | NS      | $342726032.68  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                  | META PLATFORMS INC CL A                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |   1934395 | NS      | $1061982855.00 | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                          | INTUIT INC                                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    259242 | NS      | $162666577.74  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDURIL INDUSTRIES INC              | ANDURIL INDUSTRIES INC SER F PC PP                   | CUSIP: N/A<br>LEI: 254900CIXLZUXXNYQW57       | Long             | EP               | CORP              | US        |   1478951 | NS      | $60459516.88   | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FIGS INC                            | FIGS INC-CLASS A                                     | CUSIP: 30260D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44654 | NS      | $179955.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| BRUKER CORP                         | BRUKER CORP                                          | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |   2085573 | NS      | $83548054.38   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS INC              | SKYWORKS SOLUTIONS INC                               | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     92298 | NS      | $5932915.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CERTARA INC                         | CERTARA INC                                          | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220940 | NS      | $3062228.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| THREDUP INC                         | THREDUP INC A                                        | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |     85750 | NS      | $385017.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| ILLUMINA INC                        | ILLUMINA INC                                         | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     38486 | NS      | $2986513.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRCLE INTERNET FINANCIAL LLC       | CIRCLE INTERNET GROUP INC SER E                      | CUSIP: N/A<br>LEI: 549300UHJLR6LBGAFV55       | Long             | EC               | CORP              | US        |   1272556 | NS      | $29688731.48   | 0.11%             |  |  |  | No            |                  3 | On Loan: No      |
| WHEELS UP EXPERIENCE INC            | WHEELS UP CVR VWAP STAGE 3 7/14/2026 (NON-TRADABLE)  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11103 | NS      | $0.11          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ELECTRONIC ARTS INC                 | ELECTRONIC ARTS INC                                  | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      2301 | NS      | $333852.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EPIC GAMES INC                      | EPIC GAMES INC PP                                    | CUSIP: N/A<br>LEI: 549300I2RHITL4UP9K78       | Long             | EC               | CORP              | US        |     77600 | NS      | $49612008.00   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AUTODESK INC                        | AUTODESK INC                                         | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    178686 | NS      | $49004635.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV               | NXP SEMICONDUCTORS NV                                | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |    552488 | NS      | $101829063.28  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                | WESTERN DIGITAL CORP                                 | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    282267 | NS      | $12380230.62   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                       | LOWES COS INC                                        | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    806346 | NS      | $180266711.76  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| 10X GENOMICS INC                    | 10X GENOMICS INC                                     | CUSIP: 88025U109<br>LEI: 5493003Z6741WNLG7H43 | Long             | EC               | CORP              | US        |    799366 | NS      | $6610756.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD           | ALIBABA GROUP HOLDING LTD SPON ADR                   | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |      6263 | NS      | $747990.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CENOVUS ENERGY INC                  | CENOVUS ENERGY INC                                   | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    163706 | NS      | $1927280.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE                           | ARGENX SE SPONSORED ADR                              | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |    417726 | NS      | $269491751.64  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIPE INC                          | STRIPE INC CLASS B PP                                | CUSIP: N/A<br>LEI: 549300CLHGIPTCYHQ143       | Long             | EC               | CORP              | US        |     91800 | NS      | $3258900.00    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INTEL CORP                          | INTEL CORP                                           | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |   6687600 | NS      | $134420760.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTERA LABS INC                     | ASTERA LABS INC                                      | CUSIP: 04626A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52202 | NS      | $3409312.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                      | STARBUCKS CORP                                       | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    184151 | NS      | $14741287.55   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYMO LLC                           | WAYMO LLC SER A2 0% PC PERP P/P                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    103940 | NS      | $6722839.20    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRANSMEDICS GROUP INC               | TRANSMEDICS GROUP INC                                | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |    363868 | NS      | $33479494.68   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TENSTORRENT HOLDINGS INC            | TENSTORRENT HOLDINGS INC SER C-1 PC PP               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     79348 | NS      | $5115565.56    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONTEXTLOGIC INC                    | CONTEXTLOGIC INC                                     | CUSIP: 21077C305<br>LEI: 549300YZDCRQ367LIE74 | Long             | EC               | CORP              | US        |      4849 | NS      | $34621.86      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINANCIAL CORP             | WINTRUST FINANCIAL CORP                              | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     43431 | NS      | $4828224.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                           | TESLA INC                                            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     92758 | NS      | $26172597.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BOWMAN CONSULTING GROUP LTD         | BOWMAN CONSULTING GROUP LTD                          | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77394 | NS      | $1711955.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCHILL DOWNS INC                 | CHURCHILL DOWNS INC                                  | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |    294457 | NS      | $26621857.37   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                         | HUBSPOT INC                                          | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |    151543 | NS      | $92668544.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC              | MARVELL TECHNOLOGY INC                               | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   9222241 | NS      | $538302207.17  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC/MD       | MARRIOTT INTERNATIONAL INC A                         | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     42103 | NS      | $10044933.74   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP | SPACE EXPLORATION TECH CORP SER H PC PP              | CUSIP: N/A<br>LEI: 549300B9WLO96RQCXP87       | Long             | EP               | CORP              | US        |     65670 | NS      | $121489500.00  | 0.44%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WAYMO LLC                           | WAYMO LLC SER B-2 PC PERP PP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    178470 | NS      | $11962844.10   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC          | MONDELEZ INTL INC                                    | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |   1732898 | NS      | $118062340.74  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| X.AI HOLDINGS CORP                  | X.AI HOLDINGS CORP CLASS A P/P                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1968600 | NS      | $71972016.00   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP | SPACE EXPLORATION TECH CORP SER G PC PP              | CUSIP: N/A<br>LEI: 549300B9WLO96RQCXP87       | Long             | EP               | CORP              | US        |     62037 | NS      | $114768450.00  | 0.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| KEURIG DR PEPPER INC                | KEURIG DR PEPPER INC                                 | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   8895403 | NS      | $307691989.77  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                            | NIKE INC CL B                                        | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |   1643100 | NS      | $92670840.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HLDGS INC                    | PAYPAL HLDGS INC                                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    168864 | NS      | $11118005.76   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP | SPACE EXPLORATION TECHNOLOGIES CORP CLASS C PP       | CUSIP: N/A<br>LEI: 549300B9WLO96RQCXP87       | Long             | EC               | CORP              | US        |    106017 | NS      | $19613145.00   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SPACE EXPLORATION TECHNOLOGIES CORP | SPACE EXPLORATION TECH CORP PP                       | CUSIP: N/A<br>LEI: 549300B9WLO96RQCXP87       | Long             | EC               | CORP              | US        |   2038183 | NS      | $377063855.00  | 1.37%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DUOLINGO INC                        | DUOLINGO INC                                         | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98625 | NS      | $38412465.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEELS UP EXPERIENCE INC            | WHEELS UP CVR VWAP STAGE 1 7/14/2026 (NON-TRADABLE)  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11102 | NS      | $0.11          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CADENCE DESIGN SYSTEMS INC          | CADENCE DESIGN SYSTEMS INC                           | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    629947 | NS      | $187560419.78  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINOS PIZZA INC                   | DOMINOS PIZZA INC                                    | CUSIP: 25754A201<br>LEI: 5299004V0Y8MI5D9FF45 | Long             | EC               | CORP              | US        |    505815 | NS      | $248036501.55  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES INC              | ROPER TECHNOLOGIES INC                               | CUSIP: 776696106<br>LEI: 549300LJXD867XMVE759 | Long             | EC               | CORP              | US        |    104701 | NS      | $58640936.08   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| KONTOOR BRANDS INC                  | KONTOOR BRANDS INC                                   | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |      5764 | NS      | $346704.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL-E ONLINE LTD                 | GLOBAL-E ONLINE LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    246710 | NS      | $8859356.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HLDGS LTD                   | TENCENT HOLDINGS LTD UNS ADR                         | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     81889 | NS      | $5000142.34    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                     | ASTRAZENECA PLC SPONS ADR                            | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   1540777 | NS      | $110612380.83  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO NEVADA CORP                  | FRANCO-NEVADA CORP                                   | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |    395900 | NS      | $68007702.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTSET MEDICAL INC                  | OUTSET MEDICAL INC                                   | CUSIP: 690145206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2641 | NS      | $28100.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP              | BOSTON SCIENTIFIC CORP                               | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |   3137218 | NS      | $322725615.66  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS INC                | VERISK ANALYTICS INC                                 | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    369685 | NS      | $109585724.55  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC            | ELANCO ANIMAL HEALTH INC                             | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     87875 | NS      | $833055.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                        | BROADCOM INC                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1304506 | NS      | $251078269.82  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIPE INC                          | STRIPE INC SER H PC PP                               | CUSIP: N/A<br>LEI: 549300CLHGIPTCYHQ143       | Long             | EP               | CORP              | US        |    315830 | NS      | $11211965.00   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WAYMO LLC                           | WAYMO LLC SER C-2 PC PERP PP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    513288 | NS      | $39980002.32   | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TAKE-TWO INTERACTV SOFTWR INC       | TAKE-TWO INTERACTV SOFTWR INC                        | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     11388 | NS      | $2657048.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEELS UP EXPERIENCE INC            | WHEELS UP CVR VWAP STAGE 2 7/14/2026 (NON-TRADABLE)  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     11102 | NS      | $0.11          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| QUALCOMM INC                        | QUALCOMM INC                                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     74531 | NS      | $11064872.26   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                        | COMCAST CORP CL A                                    | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   3695609 | NS      | $126389827.80  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAIL INC                           | GRAIL INC                                            | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |      6414 | NS      | $221250.93     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| INTUITIVE SURGICAL INC              | INTUITIVE SURGICAL INC                               | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    166827 | NS      | $86049366.60   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORP NEW           | MONSTER BEVERAGE CORP                                | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |   4598736 | NS      | $276476008.32  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY INC              | DIAMONDBACK ENERGY INC                               | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     50830 | NS      | $6710068.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PULMONX CORP                        | PULMONX CORP                                         | CUSIP: 745848101<br>LEI: 549300WZMFR0ZK7RJY40 | Long             | EC               | CORP              | US        |     25851 | NS      | $124860.33     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                      | SALESFORCE INC                                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8485 | NS      | $2280004.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust        | Fidelity Cash Central Fund                           | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 344470731 | NS      | $344539624.65  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENDIS PHARMA A/S                 | ASCENDIS PHARMA AS SPON ADR                          | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    269166 | NS      | $45876653.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGEND BIOTECH CORP                 | LEGEND BIOTECH CORP SPON ADR                         | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | KY        |   1174382 | NS      | $41044650.90   | 0.15%             |  |  |  | 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        |   2602737 | NS      | $433850230.53  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| THERAPEUTICSMD INC                  | THERAPEUTICS MD INC                                  | CUSIP: 88338N206<br>LEI: 5299004JS7RE49QHRW30 | Long             | EC               | CORP              | US        |      6773 | NS      | $8398.52       | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| JD.COM INC                          | JD.COM INC CL A                                      | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |      8495 | NS      | $138310.73     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SANDISK CORP                        | SANDISK CORPORATION                                  | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94089 | NS      | $3021197.79    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                    | EXXON MOBIL CORP                                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   3582500 | NS      | $378419475.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                        | DANAHER CORP                                         | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    441002 | NS      | $87904928.66   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC                     | DOLLAR TREE INC                                      | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    284702 | NS      | $23280082.54   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP           | CONSTELLATION ENERGY CORP                            | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    276590 | NS      | $61801269.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EXACT SCIENCES CORP                 | EXACT SCIENCES CORP                                  | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |   1162785 | NS      | $53069507.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VIMEO INC                           | VIMEO INC                                            | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    278566 | NS      | $1403972.64    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                    | MERCADOLIBRE INC                                     | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     52691 | NS      | $122814817.35  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                 | ARISTA NETWORKS INC                                  | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    463082 | NS      | $38097756.14   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                         | NETFLIX INC                                          | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    799935 | NS      | $905302438.20  | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC         | ALNYLAM PHARMACEUTICALS INC                          | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |   1536269 | NS      | $404407451.56  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                          | TWILIO INC CLASS A                                   | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |       910 | NS      | $88006.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                          | DIAGEO PLC                                           | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    748837 | NS      | $21027638.01   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                   | EOG RESOURCES INC                                    | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     13576 | NS      | $1497840.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| STARRY GROUP HOLDINGS INC           | STARRY GROUP HOLDINGS INC A                          | CUSIP: 85572U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    331308 | NS      | $3.31          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BYTEDANCE LTD                       | BYTEDANCE LTD SER E-1 PC PP                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | CN        |    130752 | NS      | $27757342.08   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TREVENA INC                         | TREVENA INC                                          | CUSIP: 89532E307<br>LEI: 549300YXUV4MU2J7QS07 | Long             | EC               | CORP              | US        |       707 | NS      | $904.96        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC               | MICRON TECHNOLOGY INC                                | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |   1439915 | NS      | $110801459.25  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                         | SHOPIFY INC CL A                                     | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    467932 | NS      | $44453540.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust        | Fidelity Securities Lending Cash Central Fund        | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   1762009 | NS      | $1762185.57    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC               | APPLIED MATERIALS INC                                | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     64981 | NS      | $9793286.51    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                         | NVIDIA CORP                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  25370402 | NS      | $2763344185.84 | 10.04%            |  |  |  | No            |                  1 | On Loan: No      |
| APPFOLIO INC                        | APPFOLIO INC - A                                     | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     50148 | NS      | $10356564.96   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYS INC                       | VEEVA SYS INC CL A                                   | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    618021 | NS      | $144425327.49  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                      | MASTERCARD INC CL A                                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    738764 | NS      | $404886997.84  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC                          | AIRBNB INC CLASS A                                   | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     18825 | NS      | $2295144.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OTC AT HOLDINGS LLC                 | OTC AT HOLDINGS LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    516103 | NS      | $5.16          | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| REDDIT INC                          | REDDIT INC A                                         | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2712516 | NS      | $316197990.12  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INSPIRE MEDICAL SYSTEMS INC         | INSPIRE MEDICAL SYSTEMS INC                          | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    135142 | NS      | $21403789.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                 | GILEAD SCIENCES INC                                  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |   2485400 | NS      | $264794516.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC              | UNITEDHEALTH GROUP INC                               | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    330700 | NS      | $136063208.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NEURONETICS INC                     | NEURONETICS INC                                      | CUSIP: 64131A105<br>LEI: 549300T0911ILTTG7P06 | Long             | EC               | CORP              | US        |     38218 | NS      | $167394.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| ETSY INC                            | ETSY INC                                             | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    135404 | NS      | $5887365.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE INC                       | DYNATRACE INC                                        | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |      9049 | NS      | $425031.53     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES INC                     | ROSS STORES INC                                      | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    458808 | NS      | $63774312.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC       | HILTON WORLDWIDE HOLDINGS INC                        | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     75886 | NS      | $17110775.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORP                        | INSULET CORP                                         | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |   1462096 | NS      | $368872199.84  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDURIL INDUSTRIES INC              | ANDURIL INDUSTRIES INC SER G PC PP                   | CUSIP: N/A<br>LEI: 254900CIXLZUXXNYQW57       | Long             | EP               | CORP              | US        |    342700 | NS      | $14009576.00   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CISCO SYSTEMS INC                   | CISCO SYSTEMS INC                                    | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |   6683641 | NS      | $385846594.93  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ANT INTERNATIONAL CO LTD            | ANT INTERNATIONAL CO LTD CLASS C PP                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |  10036067 | NS      | $18667084.62   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MOODYS CORP                         | MOODYS CORP                                          | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     98350 | NS      | $44564352.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GENSIGHT BIOLOGICS SA               | GENSIGHT BIOLOGICS                                   | CUSIP: N/A<br>LEI: 549300NK4AB8OUEX1F54       | Long             | EC               | CORP              | FR        |    210187 | NS      | $54765.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IONIS PHARMACEUTICALS INC           | IONIS PHARMACEUTICALS INC                            | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     31376 | NS      | $963556.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CASTLE CREEK BIOSCIENCES INC        | CASTLE CREEK BIOSCIENCES INC A-4 PREF PP             | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     30303 | NS      | $5888781.99    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HONEST CO INC/THE                   | HONEST CO INC (THE)                                  | CUSIP: 438333106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    156398 | NS      | $749146.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                           | LINDE PLC                                            | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     66242 | NS      | $30022861.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                        | ALPHABET INC CL A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |  10997076 | NS      | $1746335668.80 | 6.35%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC               | UBER TECHNOLOGIES INC                                | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |   4512528 | NS      | $365559893.28  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SEER INC                            | SEER INC                                             | CUSIP: 81578P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    582754 | NS      | $1159680.46    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-05-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer