# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-25-198568
**Filing Date:** 2025-8
**Character Count:** 21816
**Document Hash:** 4798183abe31454ace0f668f9e355244
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-198568.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-198568

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20250630

**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:** 251243380

**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 Metaverse ETF (Series ID: S000075903)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000235244 | Fidelity Metaverse ETF | FMET            |

## 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 Metaverse ETF

- **b. EDGAR series identifier (if any):** S000075903

- **c. LEI of Series:** 549300TQXUXRFBANFP96

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $40896429.03

**Total Liabilities:** $242465.20

**Net Assets:** $40653963.83

**Cash Not Reported:** $46222.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235244 | 1.41%                | 9.11%                | 10.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1.34                    | $390975.00                                 |
| Month 2  | $0.00                    | $2671321.55                                |
| Month 3  | $872668.44               | $2633810.55                                |

### Schedule of Portfolio Investments

| Name                                             | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DIGITAL REALTY TRUST INC                         | DIGITAL REALTY TRUST INC                      | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      6956 | NS      | $1212639.48   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                      | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1649 | NS      | $1311730.03   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXON CO LTD                                     | NEXON CO LTD                                  | CUSIP: N/A<br>LEI: 5299005SFO0GAJFLKN43       | Long             | EC               | CORP              | JP        |     29600 | NS      | $596323.86    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                       | SAMSUNG ELECTRONICS CO LTD                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     40472 | NS      | $1793291.05   | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| WEMADE CO LTD                                    | WEMADE CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      9011 | NS      | $228346.32    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                        | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      8418 | NS      | $1727121.06   | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC                       | ADVANCED MICRO DEVICES INC                    | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     14399 | NS      | $2043218.10   | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NAGARRO SE                                       | NAGARRO SE                                    | CUSIP: N/A<br>LEI: 9845008396BA67DA9B37       | Long             | EC               | CORP              | DE        |      3004 | NS      | $213690.47    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HIMAX TECHNOLOGIES INC                           | HIMAX TECHNOLOGIES INC -SP ADR                | CUSIP: 43289P106<br>LEI: 529900Z6XWS79D8T1X09 | Long             | EC               | CORP              | KY        |     29751 | NS      | $265676.43    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                   | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3682 | NS      | $1831463.62   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NETMARBLE CORP                                   | NETMARBLE CORP                                | CUSIP: N/A<br>LEI: 988400T1LQCQT8H5EO27       | Long             | EC               | CORP              | KR        |      5893 | NS      | $270721.70    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                                        | ADOBE INC                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      4125 | NS      | $1595880.00   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                               | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2484 | NS      | $1833415.56   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| N-ABLE INC                                       | N-ABLE INC                                    | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25223 | NS      | $204306.30    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY SOFTWARE INC                               | UNITY SOFTWARE INC                            | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |     20705 | NS      | $501061.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMBARELLA INC                                    | AMBARELLA INC                                 | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | KY        |      6126 | NS      | $404714.19    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC                              | ELECTRONIC ARTS INC                           | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      6775 | NS      | $1081967.50   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK INC                                     | AUTODESK INC                                  | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      4363 | NS      | $1350653.91   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORP                                | TURTLE BEACH CORP                             | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     11442 | NS      | $158242.86    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC                     | MONOLITHIC POWER SYS INC                      | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1411 | NS      | $1031977.18   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MODERN TIMES GRP MTG AB                          | MODERN TIMES GRP MTG AB SER B                 | CUSIP: N/A<br>LEI: 549300E8NDODRSX29339       | Long             | EC               | CORP              | SE        |     21342 | NS      | $268723.24    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                      | NASD100 MICRO FUT EMINSEP25 HWBU5             | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |         2 | NC      | $3402.94      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DASSAULT SYSTEMES SA                             | DASSAULT SYSTEMES SA                          | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |     23011 | NS      | $830062.24    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPER MICRO COMPUTER INC                         | SUPER MICRO COMPUTER INC                      | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     18799 | NS      | $921338.99    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BENTLEY SYSTEMS INC                              | BENTLEY SYS INC CL B                          | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     11009 | NS      | $594155.73    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NCSOFT CORPORATION                               | NCSOFT CORPORATION                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      2610 | NS      | $399351.66    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET LABS PBC                                  | PLANET LABS PBC A                             | CUSIP: 72703X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59149 | NS      | $360808.90    | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| FASTLY INC                                       | FASTLY INC CL A                               | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Long             | EC               | CORP              | US        |     32309 | NS      | $228101.54    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER CORP                                       | NAVER CORP                                    | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |      5859 | NS      | $1139587.66   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ENDAVA PLC                                       | ENDAVA PLC SPON ADR                           | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |     13356 | NS      | $204613.92    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PEARLABYSS CORP                                  | PEARLABYSS CORP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      8594 | NS      | $269358.48    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PELOTON INTERACTIVE INC                          | PELOTON INTERACTIVE INC CL A                  | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |     48890 | NS      | $339296.60    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VNET GROUP INC                                   | VNET GROUP INC                                | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | KY        |     41135 | NS      | $283831.50    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KRAFTON INC                                      | KRAFTON INC                                   | CUSIP: N/A<br>LEI: 988400CE024EWSCICK17       | Long             | EC               | CORP              | KR        |      2055 | NS      | $552730.44    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTV SOFTWR INC                    | TAKE-TWO INTERACTV SOFTWR INC                 | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      4574 | NS      | $1110795.90   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     11457 | NS      | $1824641.82   | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                     | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |     44151 | NS      | $44159.96     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP INC                                         | SNAP INC - A                                  | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |     68464 | NS      | $594952.16    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HELLO GROUP INC                                  | HELLO GROUP INC ADR                           | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |     35972 | NS      | $303603.68    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC INC.                                | CIRRUS LOGIC INC                              | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      4647 | NS      | $484472.99    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST INC                                    | PINTEREST INC CL A                            | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23548 | NS      | $844431.28    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| YALLA GROUP LTD                                  | YALLA GROUP LTD ADR                           | CUSIP: 98459U103<br>LEI: 254900JO9GJYWVJTAX89 | Long             | EC               | CORP              | KY        |     24617 | NS      | $165918.58    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| EMBRACER GROUP AB                                | EMBRACER GROUP AB CL B                        | CUSIP: N/A<br>LEI: 549300RFXXKT652HB549       | Long             | EC               | CORP              | SE        |     25061 | NS      | $283890.03    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KAKAO GAMES CORP                                 | KAKAO GAMES CORP                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     16023 | NS      | $227000.41    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                                          | PTC INC                                       | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      4743 | NS      | $817408.62    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                     | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    231227 | NS      | $231250.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP                                      | ROBLOX CORP                                   | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12781 | NS      | $1344561.20   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     12032 | NS      | $1900935.68   | 4.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED | SUNNY OPTICAL TEC(GROUP)CO LTD                | CUSIP: N/A<br>LEI: 3003004QIVP0DFVVWM94       | Long             | EC               | CORP              | KY        |     61200 | NS      | $540664.97    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| UBISOFT ENTERTAINMENT SA                         | UBISOFT ENTERTAINMENT SA                      | CUSIP: N/A<br>LEI: 969500I7C8V1LBIMSM05       | Long             | EC               | CORP              | FR        |     21731 | NS      | $239426.86    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT INC                                       | REDDIT INC A                                  | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5568 | NS      | $838373.76    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                                      | NETEASE INC                                   | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |     43600 | NS      | $1171923.57   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                     | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10161 | NS      | $1790673.03   | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer