0001752724-24-266918.txt : 20241125 0001752724-24-266918.hdr.sgml : 20241125 20241125134621 ACCESSION NUMBER: 0001752724-24-266918 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241125 DATE AS OF CHANGE: 20241125 PERIOD START: 20241231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Variable Insurance Products Fund V CENTRAL INDEX KEY: 0000823535 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05361 FILM NUMBER: 241494665 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 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY BOSTON STREET TRUST DATE OF NAME CHANGE: 19951101 FORMER COMPANY: FORMER CONFORMED NAME: SPARTAN U S TREASURY MONEY MARKET FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY U S TREASURY MONEY MARKET FUND L P DATE OF NAME CHANGE: 19900828 0000823535 S000039767 Target Volatility Portfolio C000123283 Service Class C000123284 Service Class 2 NPORT-P 1 primary_doc.xml NPORT-P false 0000823535 XXXXXXXX S000039767 C000123284 C000123283 Variable Insurance Products Fund V 811-05361 0000823535 S8GYVGVVOPTJ8G3T5C60 245 Summer Street Boston 02210 1-800-FIDELITY VIP Target Volatility Portfolio S000039767 549300PDUPP06EO9QQ95 2024-12-31 2024-09-30 N 199704635.96 11235830.69 188468805.27 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 0.00000000 N Fidelity Summer Street Trust P1TJ3M056NR1SYX5LY49 FIDELITY US LOW VOLATILITY EQUITY FUND 31641Q599 31811.90200000 NS USD 396058.18000000 0.210145217099 Long EC RF US N 1 N N N Fidelity Puritan Trust WDA1I420M36T9HTVU696 Fidelity Low-Priced Stock Fund 316345305 80948.71200000 NS USD 3596551.27000000 1.908300561913 Long EC RF US N 1 N N N Fidelity Covington Trust 549300JFYFTF85QAQR28 Fidelity Enhanced International ETF 31609A404 258607.00000000 NS USD 7830619.96000000 4.154862630333 Long EC RF US N 1 N N UST BILLS 254900HROIFWPRGM1V77 UST BILLS 0% 10/03/2024 912797GW1 390000.00000000 PA USD 389898.28000000 0.206876824756 Long DBT UST US N 2 2024-10-03 Fixed 0.00000000 N N N N N N Fidelity Investment Trust MXNTE4GH7BW81YELH558 FIDELITY EMERGING MARKETS FUND 315910869 311065.05800000 NS USD 12731892.82000000 6.755437750963 Long EC RF US N 1 N N N Fidelity Investment Trust MXNTE4GH7BW81YELH558 FIDELITY INTERNATIONAL VALUE FUND 315910489 610727.78500000 NS USD 6876794.86000000 3.648770866960 Long EC RF US N 1 N N N Fidelity Income Fund D66RCKM57LC8ELZCAY58 Fidelity Total Bond Fund 31617K881 5435428.89200000 NS USD 53158494.56000000 28.20546057149 Long EC RF US N 1 N N N SPDR NYSE TECHNOLOGY ETF 549300PS44ZVKSLTMI64 SPDR Blmbg 1-10 Year TIPS ETF 78468R861 45778.00000000 NS USD 867493.10000000 0.460284713301 Long EC RF US N 1 N N N Fidelity Salem Street Trust S4W85DGKOEJ24DPRB829 Fidelity Long-Term Treasury Bond Index Fund 31635V232 40789.95070000 NS USD 413610.10000000 0.219458121680 Long EC RF US N 1 N N N Fidelity Salem Street Trust S4W85DGKOEJ24DPRB829 Fidelity U.S. Bond Index Fund 316146356 584294.83820000 NS USD 6216897.08000000 3.298634525269 Long EC RF US N 1 N N N Fidelity Investment Trust MXNTE4GH7BW81YELH558 Fidelity Canada Fund 315910307 24776.06300000 NS USD 1796512.33000000 0.953214685807 Long EC RF US N 1 N N N Fidelity Covington Trust 549300JFYFTF85QAQR28 Fidelity Enhanced Large Cap Core ETF 316092113 34654.00000000 NS USD 1112046.86000000 0.590042929601 Long EC RF US N 1 N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 13071681.79200000 NS USD 13074296.13000000 6.937114134760 Long STIV RF US N 1 N N N Fidelity Greenwood Street Trust 549300467DYGTZIRI308 Fidelity Hedged Equity Fund 31624J844 261854.92800000 NS USD 3406732.61000000 1.807584340081 Long EC MUN US N 1 N N N Fidelity Colchester Street Trust 549300SHPEJB1OPRCV46 FIMM MM Government Portfolio - Instl Cl 31607A703 1807.21000000 NS USD 1807.21000000 0.000958890781 Long EC RF US N 1 N N N ISHARES TR 549300G3FWQPUM47D181 iShares Core MSCI EAFE ETF 46432F842 40476.00000000 NS USD 3159151.80000000 1.676219995916 Long EC RF US N 1 N N Fidelity Contrafund S5Y3O6VQ0TG5C3WLJP73 Fidelity Contrafund 316071109 206526.52500000 NS USD 4359774.94000000 2.313260772123 Long EC RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 11186106.38600000 NS USD 11187225.00000000 5.935849693519 Long STIV RF US N 1 N N Fidelity Investment Trust MXNTE4GH7BW81YELH558 Fidelity Overseas Fund 316343102 171604.39700000 NS USD 11885320.54000000 6.306253452911 Long EC RF US N 1 N N N Fidelity Investment Trust MXNTE4GH7BW81YELH558 Fidelity Japan Smaller Companies Fund 315910760 112678.69100000 NS USD 1945960.99000000 1.032510917237 Long EC RF US N 1 N N N Variable Insurance Products Fund 549300DXU3EB0NDEJ256 VIP Stock Selector All Cap Portfolio - Investor Class 922174362 4594861.21500000 NS USD 55046437.36000000 29.20718751367 Long EC RF US N 1 N N N 2024-10-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer XXXX NPORT-EX 2 QTLY_2520_20240930.htm 010 - Quarterly Front Cover
Quarterly Holdings Report
for
Fidelity® Variable Insurance Products:
VIP Target Volatility Portfolio
September 30, 2024
VIPTV-NPRT3-1124
1.955030.111
Alternative Funds - 1.8%
 
  
Shares
Value ($)
 
Fidelity Hedged Equity Fund (b)
 
 (Cost $3,155,210)
 
  
261,855
3,406,733
 
  
  
  
Bond Funds - 32.3%
 
  
Shares
Value ($)
 
Fidelity Long-Term Treasury Bond Index Fund (b)
  
40,812
413,835
Fidelity Total Bond Fund (b)
  
5,442,452
53,227,185
Fidelity U.S. Bond Index Fund (b)
  
585,049
6,224,924
SPDR Blmbg 1-10 Year TIPS ETF
 
45,778
867,493
 
TOTAL BOND FUNDS
 (Cost $60,570,281)
  
  
60,733,437
 
  
  
  
Domestic Equity Funds - 34.3%
 
  
Shares
Value ($)
 
Fidelity Contrafund (b)
  
205,716
4,342,654
Fidelity Enhanced Large Cap Core ETF (b)(c)
  
34,654
1,112,047
Fidelity Low-Priced Stock Fund (b)
  
80,607
3,581,362
Fidelity U.S. Low Volatility Equity Fund (b)
  
31,203
388,483
VIP Stock Selector All Cap Portfolio - Investor Class (b)
  
4,586,773
54,949,546
 
TOTAL DOMESTIC EQUITY FUNDS
 (Cost $52,112,145)
  
  
64,374,092
 
  
  
  
International Equity Funds - 24.5%
 
  
Shares
Value ($)
 
Fidelity Canada Fund (b)
  
24,694
1,790,527
Fidelity Emerging Markets Fund (b)
  
310,467
12,707,424
Fidelity Enhanced International ETF (b)(c)
  
258,607
7,830,620
Fidelity International Value Fund (b)
  
608,746
6,854,485
Fidelity Japan Smaller Companies Fund (b)
  
112,679
1,945,961
Fidelity Overseas Fund (b)
  
171,045
11,846,610
iShares Core MSCI EAFE ETF (c)
  
40,476
3,159,152
 
TOTAL INTERNATIONAL EQUITY FUNDS
 (Cost $35,281,630)
  
  
46,134,779
 
  
  
  
U.S. Treasury Obligations - 0.2%
 
  
Yield (%) (d)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 10/3/2024
 
 (Cost $389,886)
 
  
5.30
390,000
389,897
 
  
  
  
  
Money Market Funds - 11.4%
 
  
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (e)
  
4.89
13,071,682
13,074,296
Fidelity Investments Money Market Government Portfolio - Institutional Class (b)(f)
  
4.87
1,815
1,815
Fidelity Securities Lending Cash Central Fund (e)(g)
  
4.89
8,363,864
8,364,700
 
TOTAL MONEY MARKET FUNDS
 (Cost $21,440,811)
  
  
  
21,440,811
 
  
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 104.5%
 (Cost $172,949,963)
 
  
 
196,479,749
NET OTHER ASSETS (LIABILITIES) - (4.5)%  
(8,381,073)
NET ASSETS - 100.0%
188,098,676
 
  
Security Type Abbreviations
ETF
-
Exchange Traded Fund
 
Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Affiliated Fund
 
(c)
Security or a portion of the security is on loan at period end.
 
(d)
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
 
(e)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
(f)
The rate quoted is the annualized seven-day yield of the fund at period end.
 
(g)
Investment made with cash collateral received from securities on loan.
 
 
 
 
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,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
% ownership,
end
of period
Fidelity Cash Central Fund
2,729,446
24,633,558
14,288,708
105,063
-
-
13,074,296
0.0%
Fidelity Securities Lending Cash Central Fund
11,836,475
221,113,149
224,584,924
45,600
-
-
8,364,700
0.0%
Total
14,565,921
245,746,707
238,873,632
150,663
-
-
21,438,996
  
 
  
  
  
  
  
  
  
  
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 payments received for lending certain types of securities.
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur. If an Underlying Funds changes its name, the name presented below is the name in effect at period end.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
Fidelity Canada Fund
2,193,677
9,413
632,639
-
39,157
180,919
1,790,527
Fidelity Contrafund
4,275,973
26,988
1,181,823
3,342
315,646
905,870
4,342,654
Fidelity Emerging Markets Fund
14,932,757
40,640
4,073,085
-
306,435
1,500,677
12,707,424
Fidelity Enhanced International ETF
6,853,086
-
-
173,784
-
977,534
7,830,620
Fidelity Enhanced Large Cap Core ETF
-
10,680,383
9,827,441
2,703
199,334
59,771
1,112,047
Fidelity Enhanced Large Cap Value ETF
5,430,171
(1)
5,873,111
52,785
1,449,039
(1,006,098)
-
Fidelity Equity-Income Fund
2,458,571
19,922
2,701,566
18,810
644,908
(421,835)
-
Fidelity Hedged Equity Fund
982,202
2,764,178
569,613
265
74,981
154,985
3,406,733
Fidelity International Value Fund
8,175,363
35,123
2,360,823
-
250,001
754,821
6,854,485
Fidelity Investments Money Market Government Portfolio - Institutional Class
1,745
70
-
70
-
-
1,815
Fidelity Japan Smaller Companies Fund
1,698,068
-
-
-
-
247,893
1,945,961
Fidelity Long-Term Treasury Bond Index Fund
471,623
12,103
67,778
11,149
(8,287)
6,174
413,835
Fidelity Low-Priced Stock Fund
4,199,234
376,960
1,085,446
354,905
9,874
80,740
3,581,362
Fidelity Overseas Fund
14,119,442
60,971
4,098,461
-
385,517
1,379,141
11,846,610
Fidelity Total Bond Fund
38,425,479
22,551,661
8,505,787
1,169,767
(706,104)
1,461,936
53,227,185
Fidelity U.S. Bond Index Fund
3,593,376
5,719,087
3,209,971
95,518
27,377
95,055
6,224,924
Fidelity U.S. Low Volatility Equity Fund
975,054
2,916
691,376
-
105,503
(3,614)
388,483
Fidelity Value Discovery Fund
1,860,079
845
1,968,524
-
548,505
(440,905)
-
VIP Stock Selector All Cap Portfolio - Investor Class
60,022,973
149,962
14,151,774
-
1,380,363
7,548,022
54,949,546
 
170,668,873
42,451,221
60,999,218
1,883,098
5,022,249
13,481,086
170,624,211
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
 
 
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:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
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.
 
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