# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-25-000775
**Filing Date:** 2025-9
**Character Count:** 45732
**Document Hash:** fc013d09a273caf578d59b8876810bc0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-000775.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000035402-25-000775

**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:** 251349314

**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 Momentum Factor ETF (Series ID: S000054752)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000171933 | Fidelity Momentum Factor ETF | FDMO            |

## 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 Momentum Factor ETF

- **b. EDGAR series identifier (if any):** S000054752

- **c. LEI of Series:** 5493000ZR7LN2ZJHFF04

**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:** $508477243.68

**Total Liabilities:** $6220523.46

**Net Assets:** $502256720.22

**Cash Not Reported:** $0.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000171933 | 9.10%                | 5.33%                | 2.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2717607.05             | $40921854.00                               |
| Month 2  | $-25165.08               | $24461513.26                               |
| Month 3  | $1041793.24              | $11616796.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EXLSERVICE HOLDINGS INC            | EXLSERVICE HOLDINGS INC                       | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     37323 | NS      | $1620937.89   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS PACIFIC LAND CORP            | TEXAS PACIFIC LAND CORP                       | CUSIP: 88262P102<br>LEI: 529900WTH0D1S7BB4S10 | Long             | EC               | CORP              | US        |       867 | NS      | $839368.71    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                        | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1425 | NS      | $1118867.25   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP              | COSTCO WHOLESALE CORP                         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      4600 | NS      | $4322344.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                         | UNUM GROUP                                    | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     29031 | NS      | $2084716.11   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER and GAMBLE CO              | PROCTER and GAMBLE CO                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     25152 | NS      | $3784621.44   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                    | XCEL ENERGY INC                               | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     18548 | NS      | $1362165.12   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CARPENTER TECHNOLOGY CORP          | CARPENTER TECHNOLOGY CORP                     | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      2976 | NS      | $742184.64    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AT and T INC                       | AT and T INC                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    188312 | NS      | $5161631.92   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO             | INTERNATIONAL PAPER CO                        | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     16205 | NS      | $757421.70    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                         | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     31477 | NS      | $5949782.54   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                     | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      6671 | NS      | $4404794.59   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                          | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    138864 | NS      | $28824000.48  | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP NEW                   | ENTERGY CORP                                  | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     15193 | NS      | $1373902.99   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                    | FOX CORP CL A                                 | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     74803 | NS      | $4171015.28   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                    | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     18356 | NS      | $4376253.96   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL GOLD INC                     | ROYAL GOLD INC                                | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      3455 | NS      | $523156.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                     | AMAZON.COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     88673 | NS      | $20759236.03  | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BRINKER INTERNATIONAL INC          | BRINKER INTERNATIONAL INC                     | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |     14376 | NS      | $2265657.60   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                     | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     68806 | NS      | $36708001.00  | 7.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                      | WELLTOWER INC                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      8597 | NS      | $1419106.79   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC              | ROBINHOOD MARKETS INC                         | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     51894 | NS      | $5347676.70   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TG THERAPEUTICS INC                | TG THERAPEUTICS INC                           | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |     72171 | NS      | $2562070.50   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| AXON ENTERPRISE INC                | AXON ENTERPRISE INC                           | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      3289 | NS      | $2484806.61   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP OHIO              | PROGRESSIVE CORP OHIO                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     12625 | NS      | $3055755.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                           | VISA INC CL A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     20704 | NS      | $7152610.88   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO            | BRISTOL-MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     81996 | NS      | $3551246.76   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INC             | JONES LANG LASALLE INC                        | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      2682 | NS      | $725105.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)      | GOLDMAN SACHS GROUP INC                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      6484 | NS      | $4691757.56   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M CO                              | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     16633 | NS      | $2481976.26   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                       | AUTOZONE INC                                  | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       629 | NS      | $2370311.02   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK INC                          | ONEOK INC                                     | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     16653 | NS      | $1367377.83   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                 | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     24554 | NS      | $18991045.76  | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO                         | CARVANA CO CL A                               | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      8222 | NS      | $3207977.74   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                     | CBRE GROUP INC - CL A                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6727 | NS      | $1047662.98   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                      | CME GROUP INC CL A                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     10749 | NS      | $2991231.72   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE and CO                       | DEERE and CO                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      5596 | NS      | $2934374.52   | 0.58%             |  |  |  | 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        |     32483 | NS      | $3295400.35   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC          | PALANTIR TECHNOLOGIES INC                     | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     40854 | NS      | $6469230.90   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                         | VENTAS INC REIT                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     11675 | NS      | $784326.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD        | ROYAL CARIBBEAN CRUISES LTD                   | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | LR        |     10326 | NS      | $3282325.62   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING INC      | AUTOMATIC DATA PROCESSING INC                 | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      8990 | NS      | $2782405.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODUCTS and CHEMICALS INC     | AIR PRODUCTS and CHEMICALS INC                | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      3766 | NS      | $1084156.08   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET LAB CORP                    | ROCKET LAB CORP                               | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78250 | NS      | $3593240.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| AURORA INNOVATION INC              | AURORA INNOVATION INC                         | CUSIP: 051774107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    408418 | NS      | $2372908.58   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| STRIDE INC                         | STRIDE INC                                    | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     12443 | NS      | $1595565.89   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| RTX CORP                           | RTX CORP                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     24247 | NS      | $3820599.79   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 INC                             | F5 INC                                        | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     10830 | NS      | $3394338.60   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                     | NRG ENERGY INC                                | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     10167 | NS      | $1699922.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP                      | APPLOVIN CORP                                 | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     11706 | NS      | $4573534.20   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                        | CORTEVA INC                                   | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     14084 | NS      | $1015878.92   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                          | TESLA INC                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     29958 | NS      | $9235152.66   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORP                        | AMEREN CORP                                   | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     12122 | NS      | $1225897.86   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                        | WALMART INC                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     45392 | NS      | $4447508.16   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC               | THE BOOKING HOLDINGS INC                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       634 | NS      | $3489574.04   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBE LIFE INC                     | GLOBE LIFE INC                                | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     18893 | NS      | $2653899.71   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO       | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      8874 | NS      | $2549056.50   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC                       | NISOURCE INC                                  | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     28748 | NS      | $1220352.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| OREILLY AUTOMOTIVE INC             | O'REILLY AUTOMOTIVE INC                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     26638 | NS      | $2619048.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HEALTHCARE REIT INC       | AMERICAN HEALTHCARE REIT INC                  | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     17782 | NS      | $687096.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP             | BOSTON SCIENTIFIC CORP                        | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     43599 | NS      | $4574407.08   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                         | FISERV INC                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     16469 | NS      | $2288202.86   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS INC               | VERISK ANALYTICS INC                          | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      6841 | NS      | $1906655.11   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET INC                       | FORTINET INC                                  | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     31723 | NS      | $3169127.70   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA CO                       | COCA COLA CO                                  | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     44785 | NS      | $3040453.65   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TALEN ENERGY CORP                  | TALEN ENERGY CORP                             | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4713 | NS      | $1779487.41   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                | ABBOTT LABORATORIES                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     39175 | NS      | $4943493.25   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                       | GE AEROSPACE                                  | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     17183 | NS      | $4657967.64   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                       | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     53244 | NS      | $15637762.80  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC                   | WILLIAMS COMPANIES INC                        | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     25981 | NS      | $1557560.95   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEWY INC                          | CHEWY INC                                     | CUSIP: 16679L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51465 | NS      | $1888765.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST               | VORNADO REALTY TRUST                          | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15971 | NS      | $613605.82    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN WILLIAMS CO                | SHERWIN WILLIAMS CO                           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      3407 | NS      | $1127308.16   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KROGER CO                          | KROGER CO                                     | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     17751 | NS      | $1244345.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SPROUTS FARMERS MARKET INC         | SPROUTS FMRS MKT INC                          | CUSIP: 85208M102<br>LEI: 549300TE8B3NBYVDGN74 | Long             | EC               | CORP              | US        |      5956 | NS      | $902572.24    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC             | INTUITIVE SURGICAL INC                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      9224 | NS      | $4437574.16   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                            | CRH PLC                                       | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     11070 | NS      | $1056631.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADRIDGE FINL SOLUTIONS INC      | BROADRIDGE FINANCIAL SOL                      | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      8288 | NS      | $2051362.88   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC DEL         | BERKSHIRE HATHAWAY INC CL B                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     19409 | NS      | $9158718.92   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN INC DEL              | KINDER MORGAN INC                             | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     51442 | NS      | $1443462.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DUTCH BROS INC                     | DUTCH BROS INC                                | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31350 | NS      | $1858114.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC    | PHILIP MORRIS INTL INC                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     18202 | NS      | $2986038.10   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    435610 | NS      | $435697.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA BIOLOGICS INC                 | ADMA BIOLOGICS INC                            | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140515 | NS      | $2627630.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSTRATEGY INC                  | MICROSTRATEGY INC CL A                        | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      9205 | NS      | $3699121.30   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC        | SP500 MIC EMIN FUTSEP25 HWAU5                 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |        20 | NC      | $22844.45     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                   | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     45264 | NS      | $5053272.96   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC              | ANGLOGOLD ASHANTI PLC                         | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |     16569 | NS      | $766316.25    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BAKER HUGHES CO                    | BAKER HUGHES CO                               | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33909 | NS      | $1527600.45   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DOXIMITY INC                       | DOXIMITY INC                                  | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56632 | NS      | $3327130.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC               | WEC ENERGY GROUP INC                          | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     11553 | NS      | $1260201.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORP                  | ATMOS ENERGY CORP                             | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      7367 | NS      | $1148662.64   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC               | HOWMET AEROSPACE INC                          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     14652 | NS      | $2633990.04   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GENPACT LTD                        | GENPACT LTD                                   | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |     35181 | NS      | $1549723.05   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                        | NETFLIX INC                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      6710 | NS      | $7779574.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORPORATION                    | INTL BUS MACH CORP                            | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     19229 | NS      | $4867821.35   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                     | TARGA RESOURCES CORP                          | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      7536 | NS      | $1254065.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CORCEPT THERAPEUTICS INC           | CORCEPT THERAPEUTICS INC                      | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |     45880 | NS      | $3081759.60   | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Revere Street Trust       | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   6155834 | NS      | $6156450.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP                        | ROBLOX CORP                                   | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55882 | NS      | $7699980.78   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                        | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    230009 | NS      | $40911700.83  | 8.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERDIGITAL INC                   | INTERDIGITAL INC                              | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13819 | NS      | $3568065.80   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| JPMORGAN CHASE and CO              | JPMORGAN CHASE and CO                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     32121 | NS      | $9515525.04   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                     | MASTERCARD INC CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     10747 | NS      | $6087853.09   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX INC                        | PAYCHEX INC                                   | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     14051 | NS      | $2027980.83   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC                | CARDINAL HEALTH INC                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     24178 | NS      | $3752909.16   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BJS WHOLESALE CLUB HOLDINGS INC    | BJS WHSL CLUB HLDGS INC                       | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      8598 | NS      | $910528.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| ZILLOW GROUP INC                   | ZILLOW GROUP INC CL C                         | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      9586 | NS      | $762566.30    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     41673 | NS      | $4679461.17   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 08/21/2025                       | CUSIP: 912797PP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     33000 | PA      | $32921.24     | 0.01%             | 2025-08-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP INC           | SIMON PPTY GROUP INC - REIT                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      5876 | NS      | $962430.04    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDO TECHNOLOGY GROUP HOLDING LTD | CREDO TECHNOLOGY GROUP HOLDING LTD            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     61587 | NS      | $6870029.85   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| RB GLOBAL INC                      | RB GLOBAL INC                                 | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     18214 | NS      | $1971847.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| ALTRIA GROUP INC                   | ALTRIA GROUP INC                              | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     29015 | NS      | $1797189.10   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                | AMERICAN TOWER CORP                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      6261 | NS      | $1304729.79   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PLC | JOHNSON CONTROLS INTERNATIONAL PLC            | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     24629 | NS      | $2586045.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                  | CISCO SYSTEMS INC                             | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |     80711 | NS      | $5494804.88   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                        | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      9893 | NS      | $2063086.22   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                       | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     12862 | NS      | $1373404.36   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES INC              | REPUBLIC SERVICES INC                         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      8380 | NS      | $1932847.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                          | LINDE PLC                                     | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |      5146 | NS      | $2368497.96   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC          | AVALONBAY COMMUNITIES INC REIT                | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      3704 | NS      | $689981.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC              | UBER TECHNOLOGIES INC                         | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     38115 | NS      | $3344591.25   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC                | CHENIERE ENERGY INC                           | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      5902 | NS      | $1392163.76   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                       | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     19593 | NS      | $1216725.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AON PLC                            | AON PLC                                       | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |      7904 | NS      | $2811531.84   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFI TECHNOLOGIES INC              | SOFI TECHNOLOGIES INC                         | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |    180347 | NS      | $4072235.26   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| KELLANOVA                          | KELLANOVA                                     | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     12863 | NS      | $1026853.29   | 0.20%             |  |  |  | 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