NPORT-P false 0000356494 XXXXXXXX S000007721 C000020995 C000020994 C000020996 C000020993 Variable Insurance Products Fund 811-03329 0000356494 549300DXU3EB0NDEJ256 245 Summer Street Boston 02210 1-800-FIDELITY VIP Value Portfolio S000007721 LJGXQM657BD24SYDSL23 2025-12-31 2025-06-30 N 583639570.11 22051551.17 561588018.94 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 17737.69000000 N SOMNIGROUP INTERNATIONAL INC 549300HFEKVR3US71V91 88023U101 82193.00000000 NS USD 5593233.65000000 0.995967410515 Long EC CORP US N 1 N N N GILDAN ACTIVEWEAR INC 549300SB3IBI34M00Z45 375916103 110682.00000000 NS 5453836.75000000 0.971145495641 Long EC CORP CA N 1 N N N AES CORP 2NUNNB7D43COUIRE5295 00130H105 368356.00000000 NS USD 3875105.12000000 0.690026316322 Long EC CORP US N 1 N N N ONEMAIN HLDGS INC 549300E3VEW8SMS5XW09 68268W103 109240.00000000 NS USD 6226680.00000000 1.108762970362 Long EC CORP US N 1 N N N MEG ENERGY CORP 5493002WXPTG5ZC1T326 552704108 173000.00000000 NS 3268801.17000000 0.582063908017 Long EC CORP CA N 1 N N N PHILLIPS 66 5493005JBO5YSIGK1814 718546104 34600.00000000 NS USD 4127780.00000000 0.735019242004 Long EC CORP US N 1 N N N ARROW ELECTRONICS INC 549300YNNLBXT8N8R512 042735100 61793.00000000 NS USD 7874281.99000000 1.402145652049 Long EC CORP US N 1 N N N AZEK CO INC/THE 5493002LDDDU1RX46815 05478C105 57500.00000000 NS USD 3125125.00000000 0.556479998611 Long EC CORP US N 1 N N N INTERNATIONAL PAPER CO 824LMFJDH41EY779Q875 460146103 80929.00000000 NS USD 3789905.07000000 0.674855043587 Long EC CORP US N 1 N N N BRP INC 529900EPQGESIRCPY551 05577W200 43210.00000000 NS 2097434.18000000 0.373482714955 Long EC CORP CA N 1 N N CONSTELLATION BRANDS INC 5493005GKEG8QCVY7037 21036P108 31400.00000000 NS USD 5108152.00000000 0.909590630092 Long EC CORP US N 1 N N N OSHKOSH CORP 549300FEKNPCFSA2B506 688239201 50200.00000000 NS USD 5699708.00000000 1.014926922899 Long EC CORP US N 1 N N N WELLTOWER INC 254900F33BIAR82QTA19 95040Q104 45300.00000000 NS USD 6963969.00000000 1.240049425047 Long EC CORP US N 1 N N N FIRST CITIZENS BANCSHARES INC/NC 549300N3Z00ZHE2XC526 31946M103 4325.00000000 NS USD 8461732.75000000 1.506750939233 Long EC CORP US N 1 N N N TIMKEN CO B0I35MLPFXZSE70ASS73 887389104 2944.00000000 NS USD 213587.20000000 0.038032720214 Long EC CORP US N 1 N N N EVERSOURCE ENERGY SJ7XXD41SQU3ZNWUJ746 30040W108 68900.00000000 NS USD 4383418.00000000 0.780539800025 Long EC CORP US N 1 N N N INGREDION INC PKSTQ48QDN0XSVS7YK88 457187102 30900.00000000 NS USD 4190658.00000000 0.746215705938 Long EC CORP US N 1 N N N SUN COMMUNITIES INC 549300H5GEOJYN41ZG57 866674104 37360.00000000 NS USD 4725666.40000000 0.841482766836 Long EC CORP US N 1 N N N ON SEMICONDUCTOR CORP ZV20P4CNJVT8V1ZGJ064 682189105 141700.00000000 NS USD 7426497.00000000 1.322410156473 Long EC CORP US N 1 N N N CONSTELLIUM SE 724500KRJEMC79KAAU28 N/A 211900.00000000 NS USD 2818270.00000000 0.501839409843 Long EC CORP FR N 1 N N N META PLATFORMS INC BQ4BKCS1HXDV9HN80Z93 30303M102 8641.00000000 NS USD 6377835.69000000 1.135678731543 Long EC CORP US N 1 N N N APOLLO GLOBAL MANAGEMENT, INC 254900LMFT1CY9IYB476 03769M106 59746.00000000 NS USD 8476165.02000000 1.509320842705 Long EC CORP US N 1 N N N VENTAS INC ORQTRC074CWLT3DKHT41 92276F100 100817.00000000 NS USD 6366593.55000000 1.133676883281 Long EC CORP US N 1 N N N DARLING INGREDIENTS INC L1N0SPPKS7EXZYUMZ898 237266101 150838.00000000 NS USD 5722793.72000000 1.019037715726 Long EC CORP US N 1 N N N SIGNET JEWELERS LTD 549300N3XPGE91WV7M22 N/A 70000.00000000 NS USD 5568500.00000000 0.991563176598 Long EC CORP BM N 1 N N BRINKS CO XFP140TFNOQMIVFTVQ13 109696104 51618.00000000 NS USD 4608971.22000000 0.820703267263 Long EC CORP US N 1 N N N REGAL REXNORD CORP QH78R09VCJGQKPBPYU33 758750103 34994.00000000 NS USD 5072730.24000000 0.903283202083 Long EC CORP US N 1 N N N MERCK and CO INC 4YV9Y5M8S0BRK1RP0397 58933Y105 68589.00000000 NS USD 5429505.24000000 0.966812869378 Long EC CORP US N 1 N N N WEX INC T9M5IGROL1TL1G5OV478 96208T104 28600.00000000 NS USD 4201054.00000000 0.748066885032 Long EC CORP US N 1 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 816851109 69115.00000000 NS USD 5236843.55000000 0.932506281007 Long EC CORP US N 1 N N N WESTERN DIGITAL CORP 549300QQXOOYEF89IC56 958102105 85500.00000000 NS USD 5471145.00000000 0.974227514740 Long EC CORP US N 1 N N N MR COOPER GROUP INC 549300KD8C6DPXYC2M26 62482R107 27600.00000000 NS USD 4118196.00000000 0.733312652889 Long EC CORP US N 1 N N N RAYMOND JAMES FINANCIAL INC. RGUZHJ05YTITL6D76949 754730109 31290.00000000 NS USD 4798947.30000000 0.854531638523 Long EC CORP US N 1 N N N GATES INDUSTRIAL CORP PLC 549300S6K4FWUSB9KM27 N/A 205100.00000000 NS USD 4723453.00000000 0.841088634496 Long EC CORP GB N 1 N N N HASBRO INC 549300NUB6D2R1ITYR45 418056107 70100.00000000 NS USD 5174782.00000000 0.921455199448 Long EC CORP US N 1 N N N HILTON GRAND VACATIONS INC 549300O9K6MFD8D07574 43283X105 100662.00000000 NS USD 4180492.86000000 0.744405635271 Long EC CORP US N 1 N N N BUNGE GLOBAL SA 254900IVXSV9K0B7PO26 N/A 58406.00000000 NS USD 4688833.68000000 0.834924094151 Long EC CORP CH N 1 N N N UFP INDUSTRIES INC 5493007KB485C9OV5572 90278Q108 30000.00000000 NS USD 2980800.00000000 0.530780554333 Long EC CORP US N 1 N N N PERFORMANCE FOOD GROUP CO 549300EUK8GR9IT1YK57 71377A103 35148.00000000 NS USD 3074395.56000000 0.547446785955 Long EC CORP US N 1 N N N POPULAR INC 5493008CARDZMVQ3LO89 733174700 50700.00000000 NS USD 5587647.00000000 0.994972615431 Long EC CORP PR N 1 N N N U-HAUL HOLDING CO 5493003WIDMLDHYC6Y24 023586506 74426.00000000 NS USD 4046541.62000000 0.720553409888 Long EC CORP US N 1 N N N WESTLAKE CORP GOXNEVUM0LL78B1OS344 960413102 33900.00000000 NS USD 2574027.00000000 0.458347919326 Long EC CORP US N 1 N N N REINSURANCE GROUP OF AMERICA INC LORM1GNEU1DKEW527V90 759351604 38735.00000000 NS USD 7683474.60000000 1.368169252346 Long EC CORP US N 1 N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 69331C108 308164.00000000 NS USD 4295806.16000000 0.764939068342 Long EC CORP US N 1 N N N NCR VOYIX CORP 549300YKTY8JX1DV2R67 62886E108 321897.00000000 NS USD 3775851.81000000 0.672352629090 Long EC CORP US N 1 N N METHANEX CORP 549300TSJHRXT9QXRD13 59151K108 112729.00000000 NS USD 3731329.90000000 0.664424769432 Long EC CORP CA N 1 N N N SLM CORP 4K8SLPBF5DXXGPW03H93 78442P106 141700.00000000 NS USD 4646343.00000000 0.827357928463 Long EC CORP US N 1 N N N KBR INC 254900OFQDXZRKRCV808 48242W106 69500.00000000 NS USD 3331830.00000000 0.593287229718 Long EC CORP US N 1 N N N LANTHEUS HOLDINGS INC 5299005HUB5IOJGO7S39 516544103 15100.00000000 NS USD 1236086.00000000 0.220105479161 Long EC CORP US N 1 N N N KEURIG DR PEPPER INC DYTQ8KRTKO7Y2BVU5K74 49271V100 184054.00000000 NS USD 6084825.24000000 1.083503393018 Long EC CORP US N 1 N N N FIRST ADVANTAGE CORP 549300RNJ0PXU8FP7D06 31846B108 191500.00000000 NS USD 3180815.00000000 0.566396520709 Long EC CORP US N 1 N N NEXSTAR MEDIA GROUP INC 52990083ZRR5UT591988 65336K103 22900.00000000 NS USD 3960555.00000000 0.705242075405 Long EC CORP US N 1 N N N ASTRAZENECA PLC PY6ZZQWO2IZFZC3IOL08 046353108 87134.00000000 NS USD 6088923.92000000 1.084233230525 Long EC CORP GB N 1 N N N PULTE GROUP INC N/A 745867101 36200.00000000 NS USD 3817652.00000000 0.679795841657 Long EC CORP US N 1 N N N RYDER SYSTEM INC ZXJ6Y2OSPZXIVGRILD15 783549108 17700.00000000 NS USD 2814300.00000000 0.501132485930 Long EC CORP US N 1 N N N CNH INDUSTRIAL NV 549300WGC2HZ5J67V817 N/A 219000.00000000 NS USD 2838240.00000000 0.505395397387 Long EC CORP NL N 1 N N N PRUDENTIAL PLC 5493001Z3ZE83NGK8Y12 N/A 324600.00000000 NS 4062775.18000000 0.723444062725 Long EC CORP GB N 2 N N N AMENTUM HOLDINGS INC 2549009FJIBLW40CU216 023939101 119100.00000000 NS USD 2811951.00000000 0.500714207775 Long EC CORP US N 1 N N N CELLNEX TELECOM SAU 5493008T4YG3AQUI7P67 N/A 76200.00000000 NS 2967093.71000000 0.528339923561 Long EC CORP ES N 2 N N N ZOOMINFO TECHNOLOGIES INC 2549008GSAHW4UWFEM58 98980F104 300300.00000000 NS USD 3039036.00000000 0.541150433682 Long EC CORP US N 1 N N N WESCO INTERNATIONAL INC 529900TXOGREY3WNJ434 95082P105 23323.00000000 NS USD 4319419.60000000 0.769143830410 Long EC CORP US N 1 N N N PENSKE AUTOMOTIVE GROUP INC 549300W7UTQ0M4C7LB15 70959W103 20600.00000000 NS USD 3539286.00000000 0.630228188749 Long EC CORP US N 1 N N N OLIN CORP 549300GKK294V7W57P06 680665205 102912.00000000 NS USD 2067502.08000000 0.368152811362 Long EC CORP US N 1 N N N UPBOUND GROUP INC 529900QUHE15UQNCCJ63 76009N100 150634.00000000 NS USD 3780913.40000000 0.673253928589 Long EC CORP US N 1 N N N GXO LOGISTICS INC 5493007CNWMXN78JRN66 36262G101 108400.00000000 NS USD 5279080.00000000 0.940027176855 Long EC CORP US N 1 N N LPL FINANCIAL HOLDINGS INC 549300XROQ4Y8G2L7682 50212V100 17548.00000000 NS USD 6579973.56000000 1.171672709902 Long EC CORP US N 1 N N N QUIDELORTHO CORP 549300YU8CMO9HF53113 219798105 39196.00000000 NS USD 1129628.72000000 0.201149006371 Long EC CORP US N 1 N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 N/A 77469.00000000 NS 2621516.98000000 0.466804292753 Long EC CORP CH N 1 N N N PHILIP MORRIS INTERNATIONAL INC HL3H1H2BGXWVG3BSWR90 718172109 30715.00000000 NS USD 5594122.95000000 0.996125765033 Long EC CORP US N 1 N N N PENNYMAC FINANCIAL SERVICES INC 549300W1D516HBDEU871 70932M107 36200.00000000 NS USD 3606968.00000000 0.642280084038 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 31635A105 11954515.22800000 NS USD 11956906.13000000 2.129124149152 Long STIV RF US N 1 N N N BATH and BODY WORKS INC GR3KVMWVCR54YWQNXU90 070830104 182000.00000000 NS USD 5452720.00000000 0.970946639903 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 N/A 32200.00000000 NS USD 4683490.00000000 0.833972563880 Long EC CORP IE N 1 N N N MOLINA HEALTHCARE INC 549300NQQCEQ46YHZ591 60855R100 26804.00000000 NS USD 7984911.60000000 1.421845076942 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 30231G102 129908.00000000 NS USD 14004082.40000000 2.493657615138 Long EC CORP US N 1 N N N TOPBUILD CORP 5493007YSKHOL4RWII46 89055F103 15900.00000000 NS USD 5147466.00000000 0.916591135565 Long EC CORP US N 1 N N N IMPERIAL OIL LTD 549300MO45LTBPAU4Z27 453038408 83391.00000000 NS 6624739.03000000 1.179643939431 Long EC CORP CA N 1 N N N CONCENTRIX CORP 5493000EAJN1KMPVA737 20602D101 58028.00000000 NS USD 3067069.94000000 0.546142338611 Long EC CORP US N 1 N N AVNET INC XJI53DCPL7QABOWK4Z75 053807103 103189.00000000 NS USD 5477272.12000000 0.975318549412 Long EC CORP US N 1 N N N LITHIA MOTORS INC SE8N1EZEHPZQBCBVKD53 536797103 14528.00000000 NS USD 4907848.96000000 0.873923373447 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORP N/A 21037T109 18696.00000000 NS USD 6034320.96000000 1.074510273810 Long EC CORP US N 1 N N N GALP ENERGIA SGPS SA 2138003319Y7NM75FG53 N/A 199000.00000000 NS 3642863.55000000 0.648671878163 Long EC CORP PT N 2 N N N SMURFIT WESTROCK PLC 635400EGSEOPDW2EXS14 N/A 125995.00000000 NS USD 5436684.25000000 0.968091210396 Long EC CORP IE N 1 N N N CORE NATURAL RESOURCES INC 549300YJCTPJBTK7IJ81 218937100 62445.00000000 NS USD 4354914.30000000 0.775464246587 Long EC CORP US N 1 N N N ACADIA HEALTHCARE CO INC 5493005CW985Y9D0NC11 00404A109 188522.00000000 NS USD 4277564.18000000 0.761690783231 Long EC CORP US N 1 N N N FIRST AMERN FINL CORP 549300B6VEZK3N0A1P55 31847R102 8064.00000000 NS USD 495048.96000000 0.088151624198 Long EC CORP US N 1 N N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 12008R107 30471.00000000 NS USD 3555660.99000000 0.633144025528 Long EC CORP US N 1 N N N GSK PLC 5493000HZTVUYLO1D793 37733W204 252292.00000000 NS USD 9688012.80000000 1.725110307425 Long EC CORP GB N 1 N N HERC HOLDINGS INC 549300TP80QLITMSBP82 42704L104 30100.00000000 NS USD 3963869.00000000 0.705832187709 Long EC CORP US N 1 N N N TRAVELERS COS INC 549300Y650407RU8B149 89417E109 37271.00000000 NS USD 9971483.34000000 1.775586907787 Long EC CORP US N 1 N N N EVERGY INC 549300PGTHDQY6PSUI61 30034W106 54200.00000000 NS USD 3736006.00000000 0.665257426084 Long EC CORP US N 1 N N N ALLISON TRANSMISSION HLDGS INC 529900RP7DJ882LI9T83 01973R101 59454.00000000 NS USD 5647535.46000000 1.005636742510 Long EC CORP US N 1 N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 37940X102 48973.00000000 NS USD 3919798.92000000 0.697984783827 Long EC CORP US N 1 N N N FEDEX CORP 549300E707U7WNPZN687 31428X106 19869.00000000 NS USD 4516422.39000000 0.804223423164 Long EC CORP US N 1 N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 281020107 8200.00000000 NS USD 423120.00000000 0.075343487704 Long EC CORP US N 1 N N N CANADIAN NATURAL RESOURCES LTD 549300T15RIMIKZC5Q38 136385101 145966.00000000 NS 4587732.55000000 0.816921372122 Long EC CORP CA N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650100 152952.00000000 NS USD 10550628.96000000 1.878713327950 Long EC CORP US N 1 N N N TARGA RES CORP 5493003QENHHS261UR94 87612G101 23263.00000000 NS USD 4049623.04000000 0.721102107492 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 31635A303 17504424.01400000 NS USD 17506174.46000000 3.117262810029 Long STIV RF US N 1 N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 949746101 201062.00000000 NS USD 16109087.44000000 2.868488446460 Long EC CORP US N 1 N N N XPO INC 54930096DB9LCLPN7H13 983793100 24919.00000000 NS USD 3147020.51000000 0.560378854937 Long EC CORP US N 1 N N N FIRST SOLAR INC 549300NPYMLM4NHTOF27 336433107 30400.00000000 NS USD 5032416.00000000 0.896104587398 Long EC CORP US N 1 N N N EASTGROUP PROPERTIES INC 31TIGQQZC4P6JMHKSW85 277276101 23700.00000000 NS USD 3960744.00000000 0.705275729969 Long EC CORP US N 1 N N N HUMANA INC 529900YLDW34GJAO4J06 444859102 25900.00000000 NS USD 6332032.00000000 1.127522629836 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 375558103 67734.00000000 NS USD 7509668.58000000 1.337220226701 Long EC CORP US N 1 N N N MOSAIC CO 2YD5STGSJNMUB7H76907 61945C103 77800.00000000 NS USD 2838144.00000000 0.505378303005 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A 27579R104 95456.00000000 NS USD 9639146.88000000 1.716408925210 Long EC CORP US N 1 N N N PRIMO BRANDS CORP 254900J0WS4AXV2LAX55 741623102 174300.00000000 NS USD 5162766.00000000 0.919315552661 Long EC CORP US N 1 N N N NCR ATLEOS CORP 9845005FC3S0VA714741 63001N106 124040.00000000 NS USD 3538861.20000000 0.630152546110 Long EC CORP US N 1 N N N AMERIPRISE FINL INC 6ZLKQF7QB6JAEKQS5388 03076C106 9810.00000000 NS USD 5235891.30000000 0.932336717204 Long EC CORP US N 1 N N N JAZZ PHARMACEUTICALS PLC 635400GAUMJCLEZRRV50 N/A 12577.00000000 NS USD 1334671.24000000 0.237660205522 Long EC CORP IE N 1 N N N PROLOGIS INC 529900DFH19P073LZ636 74340W103 42707.00000000 NS USD 4489359.84000000 0.799404490229 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 02079K305 64700.00000000 NS USD 11402081.00000000 2.030328392959 Long EC CORP US N 1 N N N DRIVEN BRANDS HOLDINGS INC N/A 26210V102 204988.00000000 NS USD 3599589.28000000 0.640966181364 Long EC CORP US N 1 N N N 2025-07-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer