# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-25-176678
**Filing Date:** 2025-7
**Character Count:** 18058
**Document Hash:** ca4b5d4692789d548394480e56c8594f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176678.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176678

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250531

**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:** 251146265

**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 Disruptive Technology ETF (Series ID: S000079689)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000240929 | Fidelity Disruptive Technology ETF | FDTX            |

## 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 Disruptive Technology ETF

- **b. EDGAR series identifier (if any):** S000079689

- **c. LEI of Series:** 5493000DCVTLYFDTAC87

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $169974148.62

**Total Liabilities:** $92755.95

**Net Assets:** $169881392.67

**Delayed Delivery Securities:** $23182.53

**Cash Not Reported:** $34783.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240929 | -9.99%               | 3.31%                | 9.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $413609.17               | $-17151435.57                              |
| Month 2  | $0.00                    | $4931243.91                                |
| Month 3  | $3423974.66              | $10818060.27                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BE SEMICONDUCTOR INDUSTRIES NV  | BE SEMICOND INDUS NV (NETH)     | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     33188 | NS      | $4015157.17   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                    | SYNOPSYS INC                    | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      9174 | NS      | $4256552.52   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNITE INC                     | MAGNITE INC                     | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    183000 | NS      | $2993880.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD      | SAMSUNG ELECTRONICS CO LTD      | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    112775 | NS      | $4586871.09   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                       | APPLE INC                       | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     12225 | NS      | $2455391.25   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                 | T-MOBILE US INC                 | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      7837 | NS      | $1898121.40   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                  | AMAZON.COM INC                  | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     40567 | NS      | $8316640.67   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                          | SAP SE                          | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     18566 | NS      | $5605375.33   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                  | MICROSOFT CORP                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     23763 | NS      | $10939534.68  | 6.44%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL MUSIC GROUP NV        | UNIVERSAL MUSIC GROUP NV DRP RT | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |     72918 | NS      | $23182.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                    | ALPHABET INC CL C               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11000 | NS      | $1901350.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANTEST CORP                  | ADVANTEST CORP                  | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |     71120 | NS      | $3641134.44   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                   | ACCENTURE PLC CL A              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      8754 | NS      | $2773442.28   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                       | ADOBE INC                       | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      5293 | NS      | $2197071.37   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORP PLC              | ATLASSIAN CORP PLC CLS A        | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     10670 | NS      | $2215412.10   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC              | META PLATFORMS INC CL A         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     12919 | NS      | $8364923.31   | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                      | INTUIT INC                      | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      4236 | NS      | $3191698.92   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC                     | DATADOG INC CL A                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     36984 | NS      | $4359673.92   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HOYA CORP                       | HOYA CORP                       | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     15332 | NS      | $1823601.79   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC        | CROWDSTRIKE HOLDINGS INC        | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      5343 | NS      | $2518529.91   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV           | NXP SEMICONDUCTORS NV           | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     11100 | NS      | $2121543.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD HOLDINGS INC                | PDD HOLDINGS INC ADR            | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     24220 | NS      | $2337472.20   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER INC                     | ZSCALER INC                     | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     11500 | NS      | $3170550.00   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                     | HUBSPOT INC                     | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      6530 | NS      | $3852047.00   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC          | MARVELL TECHNOLOGY INC          | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105538 | NS      | $6352332.22   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA           | SPOTIFY TECHNOLOGY SA           | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |      5690 | NS      | $3784646.60   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDAY.COM LTD                  | MONDAY.COM LTD                  | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |     13119 | NS      | $3902771.31   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL-E ONLINE LTD             | GLOBAL-E ONLINE LTD             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     81096 | NS      | $2584529.52   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST INC                       | TOAST INC                       | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     76368 | NS      | $3221202.24   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBER-ARK SOFTWARE LTD (ISRAEL) | CYBER-ARK SOFTWARE LTD          | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |      7300 | NS      | $2794294.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ADYEN NV                        | ADYEN BV                        | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |       886 | NS      | $1699752.30   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                  | SALESFORCE INC                  | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8386 | NS      | $2225392.82   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust    | Fidelity Cash Central Fund      | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   3251962 | NS      | $3252612.51   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                       | BLOCK INC CL A                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     20097 | NS      | $1240989.75   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD | TAIWAN SEMIC MFG CO LTD SP ADR  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     45488 | NS      | $8793740.16   | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC          | PALO ALTO NETWORKS INC          | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     19980 | NS      | $3844551.60   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WISETECH GLOBAL LTD             | WISETECH GLOBAL LTD             | CUSIP: N/A<br>LEI: 254900VE3AF301Q85K83       | Long             | EC               | CORP              | AU        |     36012 | NS      | $2487308.87   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                     | NETFLIX INC                     | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3213 | NS      | $3878829.99   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC           | MICRON TECHNOLOGY INC           | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     19790 | NS      | $1869363.40   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                     | SHOPIFY INC CL A                | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     33541 | NS      | $3596266.02   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                     | NVIDIA CORP                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     75737 | NS      | $10234340.81  | 6.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL MUSIC GROUP NV        | UNIVERSAL MUSIC GROUP NV        | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |     72918 | NS      | $2331499.96   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                     | WORKDAY INC CL A                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     16317 | NS      | $4041884.07   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC                      | AIRBNB INC CLASS A              | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     13701 | NS      | $1767429.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC           | UBER TECHNOLOGIES INC           | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     22611 | NS      | $1902941.76   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LTD                         | SEA LTD ADR                     | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     27939 | NS      | $4480577.43   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer