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Fidelity SAI U.S. Low Volatility Index Fund

Filed by Fidelity Salem Street Trust. What this fund reported holding in its latest quarterly NPORT-P. Positions are ordered by share of the fund rather than by size, because that is what separates a conviction from a rounding error.

Positions
168
matched to a ticker
Fund size
$24B
the filing's own figure
Matched value
$21.9B
of the positions below
As of
2026-07-31
S000049309

What it holds

Largest share of the fund first.

Company% of fundValue
AAPLApple Inc8.63%$2B
MSFTMicrosoft Corp6.78%$1.6B
NVDANVIDIA Corp5.03%$1.2B
GOOGLAlphabet Inc3.57%$844.7M
CSCOCisco Systems Inc3.07%$725.8M
JNJJohnson & Johnson3.01%$710.8M
VVisa Inc2.99%$707.7M
PGProcter & Gamble Co2.27%$535.9M
PMPhilip Morris International Inc2.07%$488M
RTXRTX Corp2.06%$486.2M
HDHome Depot Inc1.90%$449.4M
AMZNAmazon.com Inc1.82%$430.9M
TXNTexas Instruments Inc1.78%$421.1M
IBMInternational Business Machines Corp1.49%$351.8M
AMGNAmgen Inc1.48%$349M
LLYEli Lilly and Co1.41%$332.3M
VZVerizon Communications Inc1.41%$332.2M
MCDMcDonald's Corp1.37%$324.3M
MRKMerck & Co Inc1.36%$322.4M
ABBVAbbVie Inc1.30%$307.5M
APHAmphenol Corp1.25%$295.3M
TJXTJX Companies Inc1.24%$294M
TAT&T Inc1.16%$273.9M
ADIAnalog Devices Inc1.11%$263.2M
PGRProgressive Corp0.88%$208.5M
AVGOBroadcom Inc0.85%$200.7M
LMTLockheed Martin Corp0.84%$198.6M
LOWLowe's Companies Inc0.83%$196.2M
UNHUnitedHealth Group Inc0.80%$188.5M
ADPAutomatic Data Processing Inc0.76%$180.5M
SOSouthern Co0.74%$175.2M
PEPPepsiCo Inc0.73%$173.5M
DUKDuke Energy Corp0.69%$164.1M
GDGeneral Dynamics Corp0.69%$163.8M
CMECME Group Inc0.69%$162.5M
CDNSCadence Design Systems Inc0.66%$155.8M
MRSHMarsh & McLennan Companies Inc0.65%$154.5M
WMBWilliams Companies Inc0.62%$147M
WMWaste Management Inc0.60%$141.5M
TMUST-Mobile US Inc0.58%$137.7M
TRVTravelers Companies Inc0.58%$136.2M
HONHoneywell International Inc0.55%$129.8M
REGNRegeneron Pharmaceuticals Inc0.55%$129.4M
ORLYO'Reilly Automotive Inc0.54%$126.6M
CLColgate-Palmolive Co0.52%$123.8M
NOCNorthrop Grumman Corp0.52%$121.8M
MSIMotorola Solutions Inc0.51%$121.5M
HONAHoneywell Aerospace Inc0.47%$110.4M
AJGArthur J. Gallagher & Co.0.46%$107.9M
KMIKinder Morgan Inc0.45%$106M
AEPAmerican Electric Power Company Inc0.44%$104.4M
KOCoca-Cola Co0.42%$100.2M
ORealty Income Corp0.42%$98.9M
FASTFastenal Co0.39%$92.2M
CTVACorteva Inc0.38%$89.1M
LHXL3Harris Technologies Inc0.37%$87.1M
AZOAutozone Inc0.36%$84.1M
BDXBecton Dickinson and Co0.34%$79.4M
EXCExelon Corp0.33%$78.9M
XELXcel Energy Inc0.33%$77.8M
YUMYum! Brands Inc0.30%$71.6M
RSGRepublic Services Inc0.30%$71.3M
ROPRoper Technologies Inc0.30%$70.3M
NDAQNasdaq Inc0.30%$70.1M
HIGHartford Insurance Group Inc0.28%$66.6M
EDConsolidated Edison Inc0.28%$66.1M
PAYXPaychex Inc0.27%$63.5M
UNPUnion Pacific Corp0.27%$63.1M
MTBM&T Bank Corp0.27%$62.9M
KMBKimberly-Clark Corp0.26%$61.1M
WECWEC Energy Group Inc0.25%$59.9M
CBOECboe Global Markets Inc0.23%$54.6M
TDYTeledyne Technologies Inc0.22%$51.8M
AEEAmeren Corp0.22%$51M
BIIBBiogen Inc0.21%$50.1M
DTEDTE Energy Co0.21%$49.6M
VICIVICI Properties Inc0.20%$47.4M
OTISOtis Worldwide Corp0.20%$47.1M
VRSKVerisk Analytics Inc0.19%$45.7M
CTSHCognizant Technology Solutions Corp0.19%$44.5M
HSYHershey Co0.18%$43.6M
DGXQuest Diagnostics Inc0.18%$43.1M
OMCOmnicom Group Inc0.18%$41.7M
VRSNVeriSign, Inc0.17%$40.3M
DRIDarden Restaurants Inc0.17%$39.4M
CMSCMS Energy Corp0.16%$37.1M
PKGPackaging Corp of America0.16%$37M
WRBW. R. Berkley Corp0.15%$36.4M
SNASnap-On Inc0.15%$35.9M
BROBrown & Brown Inc0.15%$34.7M
LLoews Corp0.14%$33M
CDWCDW Corp0.14%$32.4M
FOXAFox Corp0.14%$32.1M
GISGeneral Mills Inc0.14%$32.1M
ESSEssex Property Trust Inc0.13%$30.8M
EVRGEvergy Inc0.13%$30.4M
BRBroadridge Financial Solutions Inc0.13%$30.2M
CMCSAComcast Corp0.13%$30.2M
GPCGenuine Parts Co0.12%$29.1M
IEXIDEX Corp0.12%$29M
INVHInvitation Homes Inc0.12%$28.2M
AKAMAkamai Technologies Inc0.12%$27.9M
TSCOTractor Supply Co0.12%$27.4M
WPCW.p. Carey Inc0.11%$27.1M
JJacobs Solutions Inc0.11%$26.7M
NDSNNordson Corp0.11%$26.5M
RGAReinsurance Group of America Inc0.11%$26.2M
MAAMid-America Apartment Communities Inc0.11%$26M
LNTAlliant Energy Corp0.11%$25.9M
OHIOmega Healthcare Investors, Inc0.11%$25.2M
LDOSLeidos Holdings Inc0.11%$24.9M
GLGlobe Life Inc0.10%$24.4M
DTMDT Midstream Inc0.10%$23.6M
AIZAssurant Inc0.10%$23.5M
RGLDRoyal Gold Inc0.10%$22.6M
TYLTyler Technologies Inc0.09%$22.4M
GGGGraco Inc0.09%$22.1M
UNMUnum Group0.09%$22.1M
AVYAvery Dennison Corp0.09%$22.1M
HIIHuntington Ingalls Industries Inc0.09%$21.6M
GLPIGaming and Leisure Properties Inc0.09%$21.3M
ELSEquity LifeStyle Properties Inc0.09%$21.2M
SCIService Corporation International0.09%$20.2M
ROLRollins Inc0.08%$18.8M
JKHYJack Henry & Associates Inc0.08%$18.7M
CACICACI International Inc0.08%$18.5M
AMHAmerican Homes 4 Rent0.08%$18.3M
DCIDonaldson Company Inc0.08%$18.3M
CFRCullen/Frost Bankers Inc0.07%$17.7M
MUSAMurphy USA Inc. Common Stock0.07%$17.3M
AFGAmerican Financial Group Inc0.07%$16.5M
FDSFactset Research Systems Inc0.07%$16.4M
SEICSEI Investments Co0.07%$16.1M
ADCAgree Realty Corp0.07%$15.7M
NNNNNN REIT Inc0.06%$15.2M
TTCToro Co0.06%$15.1M
ATRAptargroup Inc0.06%$14.5M
BAHBooz Allen Hamilton Holding Corp0.06%$14.1M
THGHanover Insurance Group Inc0.06%$13.9M
CBSHCommerce Bancshares Inc0.06%$13.6M
IDAIdacorp Inc0.05%$13M
CHEChemed Corp0.05%$12.7M
PBProsperity Bancshares, Inc0.05%$12.7M
HRLHormel Foods Corp0.05%$12.3M
AMAntero Midstream Corp0.05%$12.2M
UBSIUnited Bankshares Inc0.05%$11.4M
ERIEErie Indemnity Co0.04%$10.3M
LSTRLandstar System Inc0.04%$10M
MAMastercard Inc0.04%$9.9M
SIGISelective Insurance Group Inc0.04%$9.6M
DBXDropbox Inc0.04%$9.6M
RLIRLI Corp0.04%$9.5M
HRBH & R Block Inc0.04%$9.4M
BCPCBalchem Corp0.04%$9.1M
SAICScience Applications International Corp0.04%$8.9M
QLYSQualys Inc0.04%$8.7M
GNTXGentex Corp0.04%$8.6M
FCNFTI Consulting Inc0.03%$8.1M
FFINFirst Financial Bankshares Inc0.03%$7.7M
CPBCampbell's Co0.03%$7.3M
DLBDolby Laboratories Inc0.03%$6M
SLGNSilgan Holdings Inc0.02%$5.9M
EXPOExponent Inc0.02%$5.6M
MMSMaximus Inc0.02%$5.5M
GPKGraphic Packaging Holding Co0.02%$5.3M
SPSCSPS Commerce Inc0.02%$4.7M
WUWestern Union Co0.01%$3.4M
PNWPinnacle West Capital Corp0.01%$2.1M

Source: NPORT-P filings, via EDGAR. Positions arrive by CUSIP, and only a CUSIP verified against a ticker is kept — so this is what we could match, not everything the fund holds, and the matched value is therefore below the fund's own size. A balance is shares where the filing says `NS` and a principal amount where it says `PA`, which is why it is not labelled shares in both cases.

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