# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-23-067520
**Filing Date:** 2023-3
**Character Count:** 44749
**Document Hash:** 6c8b2b125f98871bec4f68042fe926a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067520.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067520

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 23763622

**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

## Series and Classes Contracts Data

### Fidelity Low Volatility Factor ETF (Series ID: S000054751)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000171932 | Fidelity Low Volatility Factor ETF | FDLO            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity Low Volatility Factor ETF

- **b. EDGAR series identifier (if any):** S000054751

- **c. LEI of Series:** 549300SJIYJWE5X2BI06

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $498066540.28

**Total Liabilities:** $4286019.20

**Net Assets:** $493780521.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000171932 | 5.31%                | -4.03%               | 2.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3139775.09              | $20213130.23                               |
| Month 2  | $-67017.64               | $-20116004.37                              |
| Month 3  | $0.00                    | $11014424.30                               |

### Schedule of Portfolio Investments

| Name                             | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DIGITAL REALTY TRUST INC         | DIGITAL REALTY TRUST INC                      | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      9031 | NS      | $1035133.22   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP NEW             | DUKE ENERGY CORP NEW                          | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     19694 | NS      | $2017650.30   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                      | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      2163 | NS      | $1596575.19   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT INC DEL         | WASTE MANAGEMENT INC                          | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     18211 | NS      | $2817788.03   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC     | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      9988 | NS      | $5696456.04   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC                | OMNICOM GROUP INC                             | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     28145 | NS      | $2420188.55   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER and GAMBLE CO            | PROCTER and GAMBLE CO                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     44542 | NS      | $6341889.96   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                  | XCEL ENERGY INC                               | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     21485 | NS      | $1477523.45   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC          | EXTRA SPACE STORAGE INC                       | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5292 | NS      | $835236.36    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ACTIVISION BLIZZARD INC          | ACTIVISION BLIZZARD INC                       | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     32209 | NS      | $2466243.13   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AT and T INC                     | AT and T INC                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    189434 | NS      | $3858770.58   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                        | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     18752 | NS      | $4733004.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN and BROWN INC              | BROWN and BROWN INC                           | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     47197 | NS      | $2763856.32   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                        | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    218824 | NS      | $31574114.96  | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                  | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     19986 | NS      | $2984109.66   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS INC               | CONOCOPHILLIPS                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     28219 | NS      | $3439049.53   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY                 | SOUTHERN CO                                   | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     27448 | NS      | $1857680.64   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                   | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    108686 | NS      | $26933477.66  | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP OHIO            | PROGRESSIVE CORP OHIO                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     31800 | NS      | $4335930.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| S and P GLOBAL INC               | S and P GLOBAL INC                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     11947 | NS      | $4479408.18   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                         | VISA INC CL A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     38756 | NS      | $8922018.76   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                | EVERSOURCE ENERGY                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     16312 | NS      | $1342966.96   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                        | LINDE PLC                                     | CUSIP: N/A<br>LEI: 8945002PAZHZLBGKGF02       | Long             | EC               | CORP              | IE        |      8981 | NS      | $2972172.14   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO          | BRISTOL-MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     68035 | NS      | $4942742.75   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M CO                            | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     22487 | NS      | $2587803.96   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                     | AUTOZONE INC                                  | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      2130 | NS      | $5194750.50   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM BRANDS INC                   | YUM BRANDS INC                                | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     37476 | NS      | $4890992.76   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC              | SUN COMMUNITIES INC - REIT                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      5850 | NS      | $917631.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK INC NEW                    | ONEOK INC                                     | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     23999 | NS      | $1643451.52   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| KIMBERLY-CLARK CORP              | KIMBERLY CLARK CORP                           | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     19513 | NS      | $2536885.13   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS INC    | REGENERON PHARMACEUTICALS INC                 | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      6174 | NS      | $4682793.78   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                    | CME GROUP INC CL A                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     18794 | NS      | $3320148.04   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                        | CHUBB LTD                                     | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |     20761 | NS      | $4722919.89   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC      | HONEYWELL INTL INC                            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     20402 | NS      | $4253408.96   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                        | CUBESMART                                     | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18077 | NS      | $827745.83    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP              | OTIS WORLDWIDE CORP                           | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     33775 | NS      | $2777318.25   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                       | PACCAR INC                                    | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     29263 | NS      | $3198738.53   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER CO INC   | AMERICAN ELECTRIC POWER CO INC                | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     17394 | NS      | $1634340.24   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI CONSULTING INC               | FTI CONSULTING INC                            | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |     14574 | NS      | $2324844.48   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| MEDTRONIC PLC                    | MEDTRONIC PLC                                 | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     48745 | NS      | $4079469.05   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP            | GENERAL DYNAMICS CORPORATION                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     12785 | NS      | $2979672.10   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                 | MERCK and CO INC NEW                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     66203 | NS      | $7110864.23   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                   | PUBLIC STORAGE                                | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      4061 | NS      | $1235924.74   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS INC                | GENERAL MILLS INC                             | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     34430 | NS      | $2697934.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING INC    | AUTOMATIC DATA PROCESSING INC                 | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     20884 | NS      | $4715816.04   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                      | ORACLE CORP                                   | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     69112 | NS      | $6113647.52   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                        | BALL CORP                                     | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     17173 | NS      | $1000155.52   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                       | INTEL CORP                                    | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    158572 | NS      | $4481244.72   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODUCTS and CHEMICALS INC   | AIR PRODUCTS and CHEMICALS INC                | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      5838 | NS      | $1871137.38   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS CO              | VULCAN MATERIALS CO                           | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      6248 | NS      | $1145445.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                   | HOME DEPOT INC                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     26391 | NS      | $8555170.47   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO             | COLGATE-PALMOLIVE CO                          | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     35657 | NS      | $2657516.21   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GEN CORP NEW              | DOLLAR GENERAL CORP                           | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     19080 | NS      | $4457088.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON INC          | CONSOLIDATED EDISON INC                       | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     15646 | NS      | $1491220.26   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                   | STARBUCKS CORP                                | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     61366 | NS      | $6697485.24   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC                | TJX COMPANIES INC NEW                         | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     79152 | NS      | $6479382.72   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH and MCLENNAN COS INC       | MARSH and MCLENNAN COS INC                    | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     23595 | NS      | $4127001.45   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC                       | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    130664 | NS      | $5770122.24   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORP                      | AMEREN CORP                                   | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     15131 | NS      | $1314429.97   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC   | SERVICE CORP INTERNATIONAL INC                | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |     64724 | NS      | $4799284.60   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                  | CMS ENERGY CORP                               | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     19503 | NS      | $1232394.57   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLINS INC                      | ROLLINS INC                                   | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     62686 | NS      | $2281770.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC       | MONDELEZ INTL INC                             | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     49084 | NS      | $3212056.96   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                         | NIKE INC CL B                                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     51647 | NS      | $6576212.51   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO     | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     18787 | NS      | $3676991.64   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| OREILLY AUTOMOTIVE INC           | O'REILLY AUTOMOTIVE INC                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      6583 | NS      | $5216040.05   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINOS PIZZA INC                | DOMINOS PIZZA INC                             | CUSIP: 25754A201<br>LEI: 5299004V0Y8MI5D9FF45 | Long             | EC               | CORP              | US        |     10838 | NS      | $3825814.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKLEY WR CORP                  | BERKLEY (WR) CORP                             | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     49144 | NS      | $3446960.16   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC        | L3HARRIS TECHNOLOGIES INC                     | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     11946 | NS      | $2566239.72   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MAXIMUS INC                      | MAXIMUS INC                                   | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     59410 | NS      | $4446838.50   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                       | FISERV INC                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     43009 | NS      | $4588200.12   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| LILLY (ELI) and CO               | LILLY (ELI) and CO                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     19697 | NS      | $6778722.55   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| APTARGROUP INC                   | APTARGROUP INC                                | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      8128 | NS      | $939921.92    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA CO                     | COCA COLA CO                                  | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     81451 | NS      | $4994575.32   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES              | ABBOTT LABORATORIES                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     49199 | NS      | $5438949.45   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HERSHEY CO                       | HERSHEY CO (THE)                              | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     10831 | NS      | $2432642.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WP CAREY INC                     | WP CAREY INC                                  | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     10766 | NS      | $920815.98    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                 | CROWN CASTLE INC                              | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      9438 | NS      | $1397862.18   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC                 | WILLIAMS COMPANIES INC                        | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     48580 | NS      | $1566219.20   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC    | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     33577 | NS      | $3611206.35   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC     | FACTSET RESEARCH SYSTEMS INC                  | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      7176 | NS      | $3035017.44   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP NEW                 | COMCAST CORP CL A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    103056 | NS      | $4055253.60   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC.           | TEXAS INSTRUMENTS INC                         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     32283 | NS      | $5720870.43   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN WILLIAMS CO              | SHERWIN WILLIAMS CO                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      6243 | NS      | $1477031.37   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                       | ZOETIS INC CL A                               | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     22921 | NS      | $3793196.29   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC DEL       | BERKSHIRE HATHAWAY INC CL B                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     32760 | NS      | $10205395.20  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN INC DEL            | KINDER MORGAN INC                             | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     85827 | NS      | $1570634.10   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC       | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     93898 | NS      | $3903339.86   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    460111 | NS      | $460202.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORP             | LOCKHEED MARTIN CORP                          | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      8289 | NS      | $3839962.14   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP               | REALTY INCOME CORP REIT                       | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     17314 | NS      | $1174408.62   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| COTERRA ENERGY INC               | COTERRA ENERGY INC                            | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     48783 | NS      | $1221038.49   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                 | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     65777 | NS      | $7630789.77   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALDS CORP                   | MCDONALDS CORP                                | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     25008 | NS      | $6687139.20   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS INC    | MARTIN MARIETTA MATERIALS INC                 | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      2951 | NS      | $1061297.64   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP            | NORTHROP GRUMMAN CORP                         | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      6583 | NS      | $2949447.32   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP NEW                 | CHEVRON CORP                                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32016 | NS      | $5571424.32   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON HOLDING CORP | BOOZ ALLEN HAMILTON HLDG CL A                 | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     25447 | NS      | $2408304.08   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC             | WEC ENERGY GROUP INC                          | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     14462 | NS      | $1359283.38   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PACKAGING CORP OF AMERICA        | PACKAGING CORP OF AMERICA                     | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      6829 | NS      | $974498.30    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     21087 | NS      | $4030147.44   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORPORATION                  | INTL BUS MACH CORP                            | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     40302 | NS      | $5429888.46   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES INC  | EQUITY LIFESTYLE PPTYS INC                    | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     11685 | NS      | $838749.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   4167882 | NS      | $4168298.64   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOLAB INC                       | ECOLAB INC                                    | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      7820 | NS      | $1210770.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURANT INC                     | ASSURANT INC                                  | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     18887 | NS      | $2504227.33   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AGREE REALTY CORP                | AGREE REALTY CORP                             | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10169 | NS      | $758912.47    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                   | MASTERCARD INC CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     21606 | NS      | $8007183.60   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX INC                      | PAYCHEX INC                                   | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     33624 | NS      | $3895676.64   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| GRACO INC                        | GRACO INC                                     | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     35690 | NS      | $2438340.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HLDGS INC                 | LEIDOS HOLDINGS INC                           | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     24467 | NS      | $2418318.28   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                      | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     29108 | NS      | $4978050.16   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC           | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     17482 | NS      | $8726839.58   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CABLE ONE INC                    | CABLE ONE INC                                 | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      1307 | NS      | $1032373.16   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP              | AMERICAN TOWER CORP                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      8499 | NS      | $1898591.61   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HENRY (JACK) and ASSOCIATES      | HENRY (JACK) and ASSOCIATES INC               | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     19152 | NS      | $3449083.68   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                   | AMDOCS LTD                                    | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     44959 | NS      | $4133080.87   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON and JOHNSON              | JOHNSON and JOHNSON                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     50703 | NS      | $8285884.26   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                     | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     14780 | NS      | $1910758.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES INC            | REPUBLIC SERVICES INC                         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     18601 | NS      | $2321776.82   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                     | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    162515 | NS      | $16062982.60  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                     | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     27257 | NS      | $1442713.01   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| AKAMAI TECHNOLOGIES INC          | AKAMAI TECHNOLOGIES INC                       | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |     41505 | NS      | $3691869.75   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM INC                 | DT MIDSTREAM INC                              | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21145 | NS      | $1155785.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC      | SP500 MIC EMIN FUTMAR23 HWAH3                 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |        32 | NC      | $34665.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ERIE INDEMNITY CO                | ERIE INDEMNITY CO CL A                        | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |     13762 | NS      | $3362744.70   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer