NPORT-P false 0000927384 XXXXXXXX S000007735 C000021049 C000021048 C000021047 C000021046 VARIABLE INSURANCE PRODUCTS FUND III 811-07205 0000927384 C88PZA3GJP7OWPNW6V03 245 Summer Street Boston 02210 1-800-FIDELITY VIP VALUE STRATEGIES PORTFOLIO S000007735 518QRX46BNFPZQYG2M48 2019-12-31 2019-12-31 N 436740436.33 5309284.94 431431151.39 0 0 0 0 0 0 0 0 0 0 0 0 0 11658.32 N KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC N/A 499049104 78400.00000000 NS USD 2809856.00000000 0.651287231102 Long EC CORP US N 1 N N N UNIVAR INC 549300VSXHFQVR770L55 91336L107 219500.00000000 NS USD 5320680.00000000 1.233262823710 Long EC CORP US N 1 N N N LOWES COS INC WAFCR4OKGSC504WU3E95 548661107 32400.00000000 NS USD 3880224.00000000 0.899384290517 Long EC CORP US N 1 N N N CROWN HOLDINGS INC NYLWZIOY8PUNIT4JOE22 228368106 87300.00000000 NS USD 6332742.00000000 1.467845328182 Long EC CORP US N 1 N N N AMERICAN INTERNATIONAL GROUP INC ODVCVCQG2BP6VHV36M30 026874784 95900.00000000 NS USD 4922547.00000000 1.140980892116 Long EC CORP US N 1 N N N HESS CORP UASVRYNXNK17ULIGK870 42809H107 95500.00000000 NS USD 6380355.00000000 1.478881388013 Long EC CORP US N 1 N N N AMERICAN AIRLS GROUP INC N/A 02376R102 122300.00000000 NS USD 3507564.00000000 0.813006661363 Long EC CORP US N 1 N N N EBAY INC OML71K8X303XQONU6T67 278642103 125400.00000000 NS USD 4528194.00000000 1.049575114224 Long EC CORP US N 1 N N N SLM CORP 4K8SLPBF5DXXGPW03H93 78442P106 483000.00000000 NS USD 4303530.00000000 0.997500988543 Long EC CORP US N 1 N N N LIBERTY GLOBAL PLC 549300BSGXG3QLIQYT84 N/A 133300.00000000 NS USD 2905273.50000000 0.673403737917 Long EC CORP GB N 1 N N N NORTHERN TRUST CORP 549300GLF98S992BC502 665859104 41800.00000000 NS USD 4440832.00000000 1.029325765117 Long EC CORP US N 1 N N N CONDUENT INC 549300SFJ2D2CYY6CQ11 206787103 310800.00000000 NS USD 1926960.00000000 0.446643686667 Long EC CORP US N 1 N N N HD SUPPLY HLDGS INC 549300B7Z7O7RWEXS689 40416M105 131200.00000000 NS USD 5276864.00000000 1.223106857953 Long EC CORP US N 1 N N N GOLAR LNG LTD 213800C2VSFZG3EZLO34 N/A 170500.00000000 NS USD 2424510.00000000 0.561969155956 Long EC CORP BM N 1 N N N NXP SEMICONDUCTORS BELGIUM NV 724500M9BY5293JDF951 N/A 37500.00000000 NS USD 4772250.00000000 1.106144047462 Long EC CORP NL N 1 N N N ALLISON TRANSMISSION HLDGS INC 529900RP7DJ882LI9T83 01973R101 43200.00000000 NS USD 2087424.00000000 0.483837106633 Long EC CORP US N 1 N N N RAYMOND JAMES FINANCIAL INC. RGUZHJ05YTITL6D76949 754730109 75000.00000000 NS USD 6709500.00000000 1.555172819204 Long EC CORP US N 1 N N N MARVELL TECHNOLOGY GROUP LTD 8DF36O58U3QIHUCGZB18 N/A 184700.00000000 NS USD 4905632.00000000 1.137060220198 Long EC CORP BM N 1 N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 87165B103 154800.00000000 NS USD 5574348.00000000 1.292059690645 Long EC CORP US N 1 N N N LAZARD LTD 254900RIBCDJSUFG1A11 N/A 101614.00000000 NS USD 4060495.44000000 0.941168811505 Long EC CORP BM N 1 N N N JAZZ PHARMACEUTICALS PLC 635400GAUMJCLEZRRV50 N/A 31100.00000000 NS USD 4642608.00000000 1.076094756960 Long EC CORP IE N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 89832Q109 178146.00000000 NS USD 10033182.72000000 2.325558246703 Long EC CORP US N 1 N N N CHEMOURS CO 549300M1BOLNXL8DOV14 163851108 156900.00000000 NS USD 2838321.00000000 0.657885039329 Long EC CORP US N 1 N N N DOUGLAS EMMETT INC N/A 25960P109 126400.00000000 NS USD 5548960.00000000 1.286175090074 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 16411R208 89100.00000000 NS USD 5441337.00000000 1.261229510773 Long EC CORP US N 1 N N N US FOODS HOLDING CORP 549300UGOZSO64CFPR97 912008109 124900.00000000 NS USD 5232061.00000000 1.212722118730 Long EC CORP US N 1 N N N NOBLE ENERGY INC 02VFQXG2D1LR5ZH3K186 655044105 254400.00000000 NS USD 6319296.00000000 1.464728724302 Long EC CORP US N 1 N N N BRINKS CO XFP140TFNOQMIVFTVQ13 109696104 52900.00000000 NS USD 4796972.00000000 1.111874278096 Long EC CORP US N 1 N N N GCI LIBERTY INC 5493003JDENERRDYFN86 36164V305 61100.00000000 NS USD 4328935.00000000 1.003389529488 Long EC CORP US N 1 N N N RYDER SYSTEM INC ZXJ6Y2OSPZXIVGRILD15 783549108 96700.00000000 NS USD 5251777.00000000 1.217292025177 Long EC CORP US N 1 N N N MATTEL INC 549300VELLG24KHTJ564 577081102 213800.00000000 NS USD 2896990.00000000 0.671483732842 Long EC CORP US N 1 N N CBRE GROUP INC 52990016II9MJ2OSWA10 12504L109 139600.00000000 NS USD 8556084.00000000 1.983186418605 Long EC CORP US N 1 N N N ELDORADO RESORTS INC 5299000BKFWWVND5L441 28470R102 100300.00000000 NS USD 5981892.00000000 1.386522966811 Long EC CORP US N 1 N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 14040H105 83100.00000000 NS USD 8551821.00000000 1.982198311931 Long EC CORP US N 1 N N N DARLING INGREDIENTS INC L1N0SPPKS7EXZYUMZ898 237266101 244263.00000000 NS USD 6858905.04000000 1.589802919400 Long EC CORP US N 1 N N N CIGNA CORP 549300VIWYMSIGT1U456 125523100 32100.00000000 NS USD 6564129.00000000 1.521477755802 Long EC CORP US N 1 N N N VALERO ENERGY CORP 549300XTO5VR8SKV1V74 91913Y100 41000.00000000 NS USD 3839650.00000000 0.889979777220 Long EC CORP US N 1 N N N LPL FINANCIAL HOLDINGS INC 549300XROQ4Y8G2L7682 50212V100 67100.00000000 NS USD 6189975.00000000 1.434753837328 Long EC CORP US N 1 N N N ONEMAIN HLDGS INC 549300E3VEW8SMS5XW09 68268W103 113000.00000000 NS USD 4762950.00000000 1.103988431214 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027X100 24300.00000000 NS USD 5584626.00000000 1.294441994280 Long EC CORP US N 1 N N N GENERAL DYNAMICS CORP 9C1X8XOOTYY2FNYTVH06 369550108 17500.00000000 NS USD 3086125.00000000 0.715322709094 Long EC CORP US N 1 N N N FIDELITY REVERE STREET TRUST 549300BDV45LJNXBZC55 31635A105 2599375.48600000 NS USD 2599895.36000000 0.602621148617 Long STIV RF US N 1 N N N ENCANA CORP CZ72ZHBVKZXQRV3XFE26 292505104 701100.00000000 NS 3282652.19000000 0.760875096622 Long EC CORP CA N 1 N N N NEXSTAR MEDIA GROUP INC 52990083ZRR5UT591988 65336K103 44700.00000000 NS USD 5241075.00000000 1.214811443984 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 30161N101 204700.00000000 NS USD 9332273.00000000 2.163096700350 Long EC CORP US N 1 N N N TRAVELERS COS INC 549300Y650407RU8B149 89417E109 41800.00000000 NS USD 5724510.00000000 1.326865244096 Long EC CORP US N 1 N N N SEMPRA ENERGY PBBKGKLRK5S5C0Y4T545 816851109 89561.00000000 NS USD 13566700.28000000 3.144580597921 Long EC CORP US N 1 N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 281020107 131000.00000000 NS USD 9878710.00000000 2.289753525718 Long EC CORP US N 1 N N N EQUINIX INC 549300EVUN2BTLJ3GT74 29444U700 14900.00000000 NS USD 8697130.00000000 2.015879004559 Long EC CORP US N 1 N N N HUNTINGTON INGALLS INDUSTR INC 5TZLZ6WJTBVJ0QWBG121 446413106 21000.00000000 NS USD 5268480.00000000 1.221163558316 Long EC CORP US N 1 N N N CUBESMART N/A 229663109 302700.00000000 NS USD 9528996.00000000 2.208694474031 Long EC CORP US N 1 N N N ALEXION PHARMACEUTICALS INC M1YXUUZR0EIMU8T0EM75 015351109 31800.00000000 NS USD 3439170.00000000 0.797153842257 Long EC CORP US N 1 N N N ASHTEAD GROUP PLC 2138007UTBN8X9K1A235 N/A 98000.00000000 NS 3133632.71000000 0.726334364105 Long EC CORP GB N 1 N N N OLIN CORP 549300GKK294V7W57P06 680665205 420501.00000000 NS USD 7253642.25000000 1.681297752058 Long EC CORP US N 1 N N N APOLLO GLOBAL MGMT LLC 54930054P2G7ZJB0KM79 03768E105 146913.00000000 NS USD 7009219.23000000 1.624643748467 Long EC CORP US N 1 N N N AERCAP HOLDINGS NV 549300SZYINBBLJQU475 N/A 90300.00000000 NS USD 5550741.00000000 1.286587902175 Long EC CORP NL N 1 N N N EQUITY LIFESTYLE PPTYS INC 529900PEQG66LENB6798 29472R108 124100.00000000 NS USD 8735399.00000000 2.024749249528 Long EC CORP US N 1 N N N FIDELITY REVERE STREET TRUST 549300BDV45LJNXBZC55 31635A303 4983851.92900000 NS USD 4984350.31000000 1.155306076981 Long STIV RF US N 1 N N NATIONAL RETAIL PPTYS INC 5493008JKH5SOTI0JS97 637417106 136800.00000000 NS USD 7335216.00000000 1.700205461837 Long EC CORP US N 1 N N N DUPONT DE NEMOURS INC 5493004JF0SDFLM8GD76 26614N102 72539.00000000 NS USD 4657003.80000000 1.079431511840 Long EC CORP US N 1 N N N SPECTRUM BRANDS HOLDINGS INC 549300JM0MJETDD30O20 84790A105 94500.00000000 NS USD 6075405.00000000 1.408198035868 Long EC CORP US N 1 N N N FLEX LTD 549300EAQH74YHD07T53 N/A 239700.00000000 NS USD 3025014.00000000 0.701157992475 Long EC CORP SG N 1 N N N LKQ CORP DS830JTTZQN6GK0I2E41 501889208 126600.00000000 NS USD 4519620.00000000 1.047587775115 Long EC CORP US N 1 N N N PVH CORP 123WALMHY1GZXG2YDL90 693656100 51400.00000000 NS USD 5404710.00000000 1.252739859555 Long EC CORP US N 1 N N N DXC TECHNOLOGY CO 549300DOVZ3EDJB7O259 23355L106 144500.00000000 NS USD 5431755.00000000 1.259008530677 Long EC CORP US N 1 N N N COMMSCOPE HLDG CO INC 254900AW4CEPCQWSRI58 20337X109 265200.00000000 NS USD 3763188.00000000 0.872256903071 Long EC CORP US N 1 N N N WILLIAMS SCOTSMAN CORP 549300HJ4VIXF476Q166 971375126 262500.00000000 NS USD 4853625.00000000 1.125005689636 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A 27579R104 91800.00000000 NS USD 4470660.00000000 1.036239498607 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 00766T100 136500.00000000 NS USD 5887245.00000000 1.364585051643 Long EC CORP US N 1 N N N MOHAWK INDUSTRIES INC 549300JI1115MG3Q6322 608190104 32502.00000000 NS USD 4432622.76000000 1.027422972522 Long EC CORP US N 1 N N N VISTRA ENERGY CORP 549300KP43CPCUJOOG15 92840M102 359800.00000000 NS USD 8271802.00000000 1.917293633839 Long EC CORP US N 1 N N N FORTRESS TRANSN and INFRASTRUCTURE INVS LLC 529900E7PUVK6BC8PE80 34960P101 155400.00000000 NS USD 3036516.00000000 0.703824003022 Long EC CORP US N 1 N N N ALTRIA GROUP INC XSGZFLO9YTNO9VCQV219 02209S103 107400.00000000 NS USD 5360334.00000000 1.242454093249 Long EC CORP US N 1 N N N SS and C TECHNOLOGIES HLDGS INC 529900POY8H7NPPNKK71 78467J100 73100.00000000 NS USD 4488340.00000000 1.040337487346 Long EC CORP US N 1 N N N CENTENE CORP DEL 549300Z7JJ4TQSQGT333 15135B101 94300.00000000 NS USD 5928641.00000000 1.374180093602 Long EC CORP US N 1 N N N CAPRI HOLDINGS LTD 549300LPG8W0H1OX3A26 N/A 138000.00000000 NS USD 5264700.00000000 1.220287404615 Long EC CORP VG N 1 N N N HUMANA INC 529900YLDW34GJAO4J06 444859102 14700.00000000 NS USD 5387844.00000000 1.248830545184 Long EC CORP US N 1 N N N CONAGRA BRANDS INC 54930035UDEIH090K650 205887102 186400.00000000 NS USD 6382336.00000000 1.479340557453 Long EC CORP US N 1 N N N MOSAIC CO 2YD5STGSJNMUB7H76907 61945C103 146262.00000000 NS USD 3165109.68000000 0.733630306898 Long EC CORP US N 1 N N N MICRO FOCUS INTERNATIONAL PLC 213800F8E4X648142844 N/A 161313.00000000 NS 2264129.49000000 0.524795087861 Long EC CORP GB N 2 N N N LAUREATE EDUCATION INC 5JL7TMOH5TY3IUYSUP91 518613203 147700.00000000 NS USD 2600997.00000000 0.602876494110 Long EC CORP US N 1 N N N AMERIPRISE FINL INC 6ZLKQF7QB6JAEKQS5388 03076C106 39200.00000000 NS USD 6529936.00000000 1.513552273395 Long EC CORP US N 1 N N N 2020-01-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer