FIDELITY INSTITUTIONAL INVESTORS TRUST
NSAR-A/A, 1995-07-27
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<PAGE>      PAGE  1
000 A000000 05/31/95
000 C000000 0000880195
000 D000000 N
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000 F000000 Y
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000 J000000 A
001 A000000 FIDELITY INSTITUTIONAL INVESTORS TRUST
001 B000000 811-6440
001 C000000 2145064081
002 A000000 1201 N. MARKET STREET P.O. BOX 1347
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19899
002 D020000 1347
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004  000000 N
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022 A000001 CHASE SECURITIES INC.
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022 A000002 DAIWA SECURITIES CO. INC.
<PAGE>      PAGE  2
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022 A000003 FIRST BOSTON CORP.
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<PAGE>      PAGE  4
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000880195


<NAME>      Fidelity Institutional Investors Trust


<SERIES>

        <NUMBER>        2


        <NAME>      SLAM: Government Money Market Portfolio


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

6-MOS


<FISCAL-YEAR-END>

NOV-30-1994


<PERIOD-END>

May-31-1995


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194,377


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194,377


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269


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23


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0


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194,669


<PAYABLE-FOR-SECURITIES>

0


<SENIOR-LONG-TERM-DEBT>

0


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104


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104


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

194,612


<SHARES-COMMON-STOCK>

194,612


<SHARES-COMMON-PRIOR>

244,173


<ACCUMULATED-NII-CURRENT>

0


<OVERDISTRIBUTION-NII>

0


<ACCUMULATED-NET-GAINS>

(47)


<OVERDISTRIBUTION-GAINS>

0


<ACCUM-APPREC-OR-DEPREC>

0


<NET-ASSETS>

194,565


<DIVIDEND-INCOME>

0


<INTEREST-INCOME>

6,659


<OTHER-INCOME>

0


<EXPENSES-NET>

489


<NET-INVESTMENT-INCOME>

6,170


<REALIZED-GAINS-CURRENT>

(14)


<APPREC-INCREASE-CURRENT>

0


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6,156


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

6,170


<DISTRIBUTIONS-OF-GAINS>

0


<DISTRIBUTIONS-OTHER>

0


<NUMBER-OF-SHARES-SOLD>

43,931


<NUMBER-OF-SHARES-REDEEMED>

99,398


<SHARES-REINVESTED>

5,906


<NET-CHANGE-IN-ASSETS>

(49,575)


<ACCUMULATED-NII-PRIOR>

0


<ACCUMULATED-GAINS-PRIOR>

(33)


<OVERDISTRIB-NII-PRIOR>

0


<OVERDIST-NET-GAINS-PRIOR>

0


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489


<INTEREST-EXPENSE>

0


<GROSS-EXPENSE>

489


<AVERAGE-NET-ASSETS>

227,990


<PER-SHARE-NAV-BEGIN>

1.000


<PER-SHARE-NII>

 .027


<PER-SHARE-GAIN-APPREC>

0


<PER-SHARE-DIVIDEND>

 .027


<PER-SHARE-DISTRIBUTIONS>

0


<RETURNS-OF-CAPITAL>

0


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1.000


<EXPENSE-RATIO>

43


<AVG-DEBT-OUTSTANDING>

0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>


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