# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-002029
**Filing Date:** 2026-3
**Character Count:** 16418
**Document Hash:** ea0b8289e4d9677a5e74cc0cd6af815c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-002029.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000035402-26-002029

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 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:** 26790620

**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 Real Estate Investment ETF (Series ID: S000070235)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000223346 | Fidelity Real Estate Investment ETF | FPRO            |

## 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 Real Estate Investment ETF

- **b. EDGAR series identifier (if any):** S000070235

- **c. LEI of Series:** 549300USNCZI1EH3R747

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $13814927.56

**Total Liabilities:** $6494.31

**Net Assets:** $13808433.25

**Cash Not Reported:** $105642.70

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223346 | 1.85%                | -1.96%               | 3.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-81054.55               | $319000.64                                 |
| Month 2  | $10177.05                | $-343732.77                                |
| Month 3  | $52551.41                | $369073.21                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACADIA REALTY TRUST             | ACADIA RLTY TR REIT            | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |      2732 | NS      | $54667.32     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HOMES 4 RENT           | AMERICAN HOMES 4 RENT          | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      8064 | NS      | $252564.48    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP             | AMERICAN TOWER CORP            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      6289 | NS      | $1127491.92   | 8.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICOLD REALTY TRUST          | AMERICOLD REALTY TRUST         | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |      6101 | NS      | $75713.41     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                  | CBRE GROUP INC - CL A          | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      3127 | NS      | $532621.91    | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN PROPERTY TRUST           | CAMDEN PROPERTY TRUST - REIT   | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      1665 | NS      | $181568.25    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC                | COSTAR GROUP INC               | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |      3506 | NS      | $215619.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                       | CUBESMART                      | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3274 | NS      | $122873.22    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC        | DIGITAL REALTY TRUST INC       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      3169 | NS      | $525895.55    | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                     | EQUINIX INC                    | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1503 | NS      | $1233857.79   | 8.94%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL              | EQUITY RESIDENTIAL REIT        | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |      6968 | NS      | $434245.76    | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC         | EXTRA SPACE STORAGE INC        | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       594 | NS      | $81954.18     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| FOUR CORNERS PROPERTY TRUST INC | FOUR CORNERS PPTY TR INC W/I   | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |      5349 | NS      | $131852.85    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC       | HEALTHPEAK PROPERTIES INC      | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |      8114 | NS      | $139885.36    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| INVENTRUST PROPERTIES CORP      | INLAND AMERICN REAL EST TR INC | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |      1615 | NS      | $47464.85     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC               | IRON MOUNTAIN INC              | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      3995 | NS      | $368059.35    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INC          | JONES LANG LASALLE INC         | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |       516 | NS      | $184681.56    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP               | KIMCO REALTY CORPORATION       | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     27803 | NS      | $586087.24    | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR ADVERTISING CO            | LAMAR ADVERTISING CO CL A      | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |       545 | NS      | $69928.95     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MACERICH CO                     | MACERICH COMPANY               | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |      6017 | NS      | $113901.81    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT INC                    | NNN REIT INC                   | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     14441 | NS      | $601756.47    | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                    | PROLOGIS INC REIT              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     10597 | NS      | $1383544.32   | 10.02%            |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                  | PUBLIC STORAGE                 | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      2047 | NS      | $565360.93    | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP              | REALTY INCOME CORP REIT        | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      5168 | NS      | $316074.88    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP(REIT)      | REGENCY CENTERS CORP REIT      | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      2138 | NS      | $155796.06    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP         | SBA COMMUNICATIONS CORP        | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      1309 | NS      | $240999.99    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG INDUSTRIAL INC             | STAG INDUSTRIAL INC CL A       | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     12357 | NS      | $463511.07    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC             | SUN COMMUNITIES INC - REIT     | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |       617 | NS      | $78624.31     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TANGER INC                      | TANGER INC- REIT               | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |      3011 | NS      | $98519.92     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO RLTY CORP               | TERRENO REALTY CORP            | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3045 | NS      | $187389.30    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                         | UDR INC                        | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     12816 | NS      | $476114.40    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN EDGE PROPERTIES           | URBAN EDGE PROPERTIES          | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11598 | NS      | $225349.14    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                      | VENTAS INC REIT                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      5940 | NS      | $461359.80    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                   | WELLTOWER INC                  | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      6287 | NS      | $1184219.32   | 8.58%             |  |  |  | No            |                  1 | On Loan: No      |
| WEYERHAEUSER CO                 | WEYERHAEUSER CO                | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |      6178 | NS      | $159268.84    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ZILLOW GROUP INC                | ZILLOW GROUP INC CL C          | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      1169 | NS      | $73682.07     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC            | INVITATION HOMES INC           | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6874 | NS      | $183742.02    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS INC                     | COMPASS INC                    | CUSIP: 20464U100<br>LEI: 254900DMGQSTC3I2IM78 | Long             | EC               | CORP              | US        |     10904 | NS      | $136518.08    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON and CO INC      | PHILLIPS EDISON and CO INC     | CUSIP: 71844V201<br>LEI: 549300UC1QJSQ49IC243 | Long             | EC               | CORP              | US        |      3468 | NS      | $125645.64    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTVIEW REIT INC              | FRONTVIEW REIT INC             | CUSIP: 35922N100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2666 | NS      | $43749.06     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CURBLINE PROPERTIES CORP        | CURBLINE PROPERTIES CORP       | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |      1575 | NS      | $38193.75     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer