# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-25-000685
**Filing Date:** 2025-9
**Character Count:** 42197
**Document Hash:** 0e9a92a3088fe349d51eb6ba9cf16f78
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-000685.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000035402-25-000685

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20250731

**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:** 251349164

**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 Blue Chip Value ETF (Series ID: S000068175)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000218331 | Fidelity Blue Chip Value ETF | FBCV            |

## 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 Blue Chip Value ETF

- **b. EDGAR series identifier (if any):** S000068175

- **c. LEI of Series:** 549300EK27ECTCNSS602

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $127557862.87

**Total Liabilities:** $61904.08

**Net Assets:** $127495958.79

**Cash Not Reported:** $2096697.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218331 | 3.04%                | 2.41%                | -0.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $804399.67               | $2695185.55                                |
| Month 2  | $2107520.01              | $678054.95                                 |
| Month 3  | $267472.75               | $-626401.35                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TAPESTRY INC                             | TAPESTRY INC                             | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      6578 | NS      | $710621.34    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC             | THERMO FISHER SCIENTIFIC INC             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      3896 | NS      | $1822081.28   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                        | STATE STREET CORP                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      6162 | NS      | $688603.50    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD           | CANADIAN NATL RESOURCES LTD              | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     23607 | NS      | $748341.90    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER and GAMBLE CO                    | PROCTER and GAMBLE CO                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      8587 | NS      | $1292085.89   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                                 | CSX CORP                                 | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     30580 | NS      | $1086813.20   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP         | WESTINGHOUSE AIR BRAKE TECH CORP         | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      3251 | NS      | $624354.55    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                | SHELL PLC SPONS ADR                      | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     38292 | NS      | $2765065.32   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC                  | LULULEMON ATHLETICA INC                  | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      1763 | NS      | $353534.39    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                               | DIAGEO PLC SPON ADR                      | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      4894 | NS      | $479367.30    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                           | AMAZON.COM INC                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     10658 | NS      | $2495144.38   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CH ROBINSON WORLDWIDE INC                | CH ROBINSON WORLDWIDE INC                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      4859 | NS      | $560339.88    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS INC                       | CONOCOPHILLIPS                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     19743 | NS      | $1882297.62   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                         | IMPERIAL OIL LTD                         | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |     11104 | NS      | $926850.88    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORP                | TAYLOR MORRISON HOME CORP                | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |      2324 | NS      | $137766.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DOVER CORP                               | DOVER CORP                               | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      4345 | NS      | $787053.30    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                             | ALPHABET INC CL C                        | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7095 | NS      | $1368341.70   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                 | VISA INC CL A                            | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2588 | NS      | $894076.36    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                        | EVERSOURCE ENERGY                        | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     12333 | NS      | $815211.30    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                           | US BANCORP DEL                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     24099 | NS      | $1083491.04   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP               | CAPITAL ONE FINANCIAL CORP               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      7356 | NS      | $1581540.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                       | META PLATFORMS INC CL A                  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       933 | NS      | $721619.52    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC                          | TYSON FOODS INC CL A                     | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      6861 | NS      | $358830.30    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| H and R BLOCK INC                        | BLOCK H and R INC                        | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     20752 | NS      | $1127663.68   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                                | CHUBB LTD                                | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      7310 | NS      | $1944752.40   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE and CO                             | DEERE and CO                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      4196 | NS      | $2200256.52   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK NEW YORK MELLON CORP                | BANK OF NEW YORK MELLON CORP             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     10939 | NS      | $1109761.55   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR INC                               | PACCAR INC                               | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |       855 | NS      | $84439.80     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN FORMAN CORP                        | BROWN FORMAN CORP NON VTG CL B           | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     26122 | NS      | $753619.70    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                       | REGAL REXNORD CORP                       | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      4378 | NS      | $669308.64    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                           | MURPHY USA INC                           | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       886 | NS      | $321157.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK and CO INC                         | MERCK and CO INC NEW                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     13551 | NS      | $1058604.12   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV                    | NXP SEMICONDUCTORS NV                    | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |       316 | NS      | $67551.32     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                     | WESTERN DIGITAL CORP                     | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      3180 | NS      | $250234.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                        | CIGNA GROUP (THE)                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      9237 | NS      | $2469789.06   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                            | LOWES COS INC                            | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      4568 | NS      | $1021267.76   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN HOLDINGS INC                       | CROWN HOLDINGS INC                       | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      8647 | NS      | $859165.92    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/THE         | HARTFORD INSURANCE GROUP INC/THE         | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      6770 | NS      | $842120.30    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                              | CUMMINS INC                              | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       489 | NS      | $179766.18    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERSON ELECTRIC CO                      | EMERSON ELECTRIC CO                      | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      5234 | NS      | $761599.34    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC                              | TEXTRON INC                              | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      3602 | NS      | $280127.54    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                            | PG and E CORP                            | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     55741 | NS      | $781488.82    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP                              | TARGET CORP                              | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      4020 | NS      | $404010.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PLC                      | TE CONNECTIVITY PLC                      | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |       319 | NS      | $65634.25     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BIONTECH SE                              | BIONTECH SE ADR                          | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |      3262 | NS      | $350665.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROS INC                            | TOLL BROTHERS INC                        | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      4235 | NS      | $501254.60    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                 | WILLIS TOWERS WATSON PLC                 | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |      4873 | NS      | $1538942.13   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC               | MONDELEZ INTL INC                        | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     16195 | NS      | $1047654.55   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORP                                 | UGI CORP NEW                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     12350 | NS      | $446823.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| M and T BANK CORP                        | M and T BANK CORP                        | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      8647 | NS      | $1631688.90   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC                     | KEURIG DR PEPPER INC                     | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     53925 | NS      | $1760651.25   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                            | BLACKROCK INC                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1104 | NS      | $1221035.04   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT MEDIA INC                       | OUTFRONT MEDIA INC                       | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     13108 | NS      | $229783.24    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NUTRIEN LTD                              | NUTRIEN LTD                              | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     13459 | NS      | $798387.88    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC                | L3HARRIS TECHNOLOGIES INC                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      2989 | NS      | $821436.98    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                          | ASTRAZENECA PLC SPONS ADR                | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     25964 | NS      | $1897708.76   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MAXIMUS INC                              | MAXIMUS INC                              | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      7634 | NS      | $563847.24    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10894 | NS      | $462995.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                 | ELANCO ANIMAL HEALTH INC                 | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     54969 | NS      | $751975.92    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN TRUST CORP                      | NORTHERN TRUST CORP                      | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     11325 | NS      | $1472250.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                             | BROADCOM INC                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       246 | NS      | $72250.20     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                         | CROWN CASTLE INC                         | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      8647 | NS      | $908713.23    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS INC               | CF INDUSTRIES HOLDINGS INC               | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      5065 | NS      | $470183.95    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                             | COMCAST CORP CL A                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     52162 | NS      | $1733343.26   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| KROGER CO                                | KROGER CO                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     11647 | NS      | $816454.70    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                  | CRH PLC                                  | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     11163 | NS      | $1065508.35   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC DEL               | BERKSHIRE HATHAWAY INC CL B              | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2153 | NS      | $1015957.64   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CULLEN/FROST BANKERS INC                 | CULLEN FROST BANKERS INC                 | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |      3033 | NS      | $386434.53    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                           | SALESFORCE INC                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      7566 | NS      | $1954524.78   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORP                     | LOCKHEED MARTIN CORP                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2445 | NS      | $1029296.10   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                         | EXXON MOBIL CORP                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     47282 | NS      | $5278562.48   | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP                            | TOPBUILD CORP                            | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       703 | NS      | $260412.29    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                    | NORTHROP GRUMMAN CORP                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1955 | NS      | $1127272.55   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE INC             | WALGREENS BOOTS ALLIANCE INC             | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     37295 | NS      | $434113.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                 | BUILDERS FIRSTSOURCE                     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      4572 | NS      | $581238.36    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC                | UNITED PARCEL SERVICE INC CL B           | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      8297 | NS      | $714869.52    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                  | GSK PLC SPONS ADR                        | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     45551 | NS      | $1692219.65   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                        | TRAVELERS COMPANIES INC                  | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     10372 | NS      | $2699209.28   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC           | ALLISON TRANSMISSION HLDGS INC           | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      2569 | NS      | $231389.83    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC                        | NATIONAL GRID PLC SPON ADR               | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |     22408 | NS      | $1577299.12   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                               | FEDEX CORP                               | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      3258 | NS      | $728130.42    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                     | EDISON INTL                              | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      4843 | NS      | $252417.16    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SILGAN HOLDINGS INC                      | SILGAN HOLDINGS INC                      | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      4684 | NS      | $217946.52    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC                    | MICRON TECHNOLOGY INC                    | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     10412 | NS      | $1136365.68   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                          | CVS HEALTH CORP                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     23927 | NS      | $1485866.70   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT INC            | ANNALY CAPITAL MGMT INC REIT             | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     33862 | NS      | $688414.46    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PENTAIR PLC                              | PENTAIR PLC                              | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | IE        |     10928 | NS      | $1116841.60   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP                    | NORFOLK SOUTHERN CORP                    | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      3678 | NS      | $1022484.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                    | JPMORGAN CHASE and CO                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      7716 | NS      | $2285787.84   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                       | WELLS FARGO and CO                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     33979 | NS      | $2739726.77   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION              | BANK OF AMERICA CORPORATION              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     77316 | NS      | $3654727.32   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BJS WHOLESALE CLUB HOLDINGS INC          | BJS WHSL CLUB HLDGS INC                  | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      7515 | NS      | $795838.50    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HLDGS INC                         | LEIDOS HOLDINGS INC                      | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      3867 | NS      | $617366.55    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                              | PEPSICO INC                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       877 | NS      | $120955.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORP                              | LENNAR CORP CL A                         | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      5767 | NS      | $646942.06    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOWSERVE CORP                           | FLOWSERVE CORP                           | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      4464 | NS      | $250162.56    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                      | GILEAD SCIENCES INC                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     12436 | NS      | $1396438.44   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                   | UNITEDHEALTH GROUP INC                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1291 | NS      | $322181.96    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP INC                 | SIMON PPTY GROUP INC - REIT              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      3236 | NS      | $530024.44    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC                          | GEN DIGITAL INC                          | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     56881 | NS      | $1677420.69   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                                | MOSAIC CO NEW                            | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     11668 | NS      | $420164.68    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                               | KENVUE INC                               | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     75720 | NS      | $1623436.80   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES INC                          | ROSS STORES INC                          | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      8051 | NS      | $1099283.54   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MOHAWK INDUSTRIES INC                    | MOHAWK INDUSTRIES INC                    | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |      2666 | NS      | $305283.66    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP                    | US FOODS HOLDING CORP                    | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     14837 | NS      | $1236367.21   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                           | AMDOCS LTD                               | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     12829 | NS      | $1095083.44   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PLC       | JOHNSON CONTROLS INTERNATIONAL PLC       | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     10134 | NS      | $1064070.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                        | CISCO SYSTEMS INC                        | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |     46531 | NS      | $3167830.48   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP      | COGNIZANT TECH SOLUTIONS CL A            | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     13046 | NS      | $936180.96    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                             | ALPHABET INC CL A                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     23795 | NS      | $4566260.50   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC                 | FERGUSON ENTERPRISES INC                 | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      4349 | NS      | $971262.17    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                             | NEWMONT CORP                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     16620 | NS      | $1032102.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR ADVERTISING CO                     | LAMAR ADVERTISING CO CL A                | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      2764 | NS      | $337899.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY INC                          | ULTA BEAUTY INC                          | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1854 | NS      | $954828.54    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC           | PNC FINANCIAL SERVICES GRP INC           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     10541 | NS      | $2005636.07   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO                           | DISNEY (WALT) CO                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     14577 | NS      | $1736266.47   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOLIV INC                              | AUTOLIV INC                              | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |      1522 | NS      | $169779.10    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer