# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-23-067553
**Filing Date:** 2023-3
**Character Count:** 14335
**Document Hash:** 4768baca6943e788d15d295618a3d54d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067553.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067553

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908
- **IRS NUMBER:** 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:** 23763662

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Real Estate Investment ETF (Series ID: S000070235)

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

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity Real Estate Investment ETF

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

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

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $17308645.44

**Total Liabilities:** $8149.20

**Net Assets:** $17300496.24

**Cash Not Reported:** $47438.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223346 | 7.46%                | -5.34%               | 10.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-93001.43               | $1287322.90                                |
| Month 2  | $28279.06                | $-1066198.46                               |
| Month 3  | $44369.92                | $1653096.70                                |

### 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        |      7073 | NS      | $810707.26    | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                       | EQUINIX INC                     | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1485 | NS      | $1096123.05   | 6.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FOUR CORNERS PROPERTY TRUST INC   | FOUR CORNERS PPTY TR INC W/I    | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |      4099 | NS      | $117887.24    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC           | EXTRA SPACE STORAGE INC         | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3497 | NS      | $551931.51    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDUSTRIAL TRUST              | LXP INDUSTRIAL TRUST REIT       | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     14025 | NS      | $161988.75    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER OP                      | WELLTOWER INC                   | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |     10951 | NS      | $821763.04    | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP                 | KIMCO REALTY CORPORATION        | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |     16794 | NS      | $377193.24    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| RYMAN HOSPITALITY PPTYS INC       | RYMAN HOSPITALITY PPTYS INC     | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      1656 | NS      | $153825.84    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC               | SUN COMMUNITIES INC - REIT      | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      2979 | NS      | $467285.94    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                    | CBRE GROUP INC - CL A           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6892 | NS      | $589334.92    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL RETAIL PROPERTIES INC    | NATIONAL RETAIL PROPERTIES INC  | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |      9825 | NS      | $465213.75    | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                         | CUBESMART                       | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13358 | NS      | $611662.82    | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                        | VENTAS INC REIT                 | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     15765 | NS      | $816784.65    | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN EDGE PROPERTIES             | URBAN EDGE PROPERTIES           | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6905 | NS      | $108753.75    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON and CO INC        | PHILLIPS EDISON and CO INC      | CUSIP: 71844V201<br>LEI: 549300UC1QJSQ49IC243 | Long             | EC               | CORP              | US        |      6919 | NS      | $231924.88    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| APARTMENT INCOME REIT CORP        | APARTMENT INCOME REIT CORP CL A | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6193 | NS      | $236944.18    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                  | CROWN CASTLE INC                | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     10905 | NS      | $1615139.55   | 9.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC              | INVITATION HOMES INC            | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10078 | NS      | $327535.00    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TR                    | RLJ LODGING TRUST               | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14210 | NS      | $178619.70    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ELME COMMUNITIES                  | ELME COMMUNITIES                | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |      6564 | NS      | $126028.80    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MID-AMERICA APT CMNTYS INC        | MID AMERICA APT CMNTY INC       | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      3622 | NS      | $603859.84    | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HOMES 4 RENT             | AMERICAN HOMES 4 RENT           | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      9339 | NS      | $320234.31    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMING AND LEISURE PROPERTIES INC | GAMING AND LEISURE PROPRTI INC  | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |      5677 | NS      | $304060.12    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRIT REALTY CAPITAL INC         | SPIRIT RLTY CAP INC             | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |      7302 | NS      | $320411.76    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                 | IRON MOUNTAIN INC               | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      5977 | NS      | $326224.66    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ASSETS TRUST INC         | AMERICAN ASSETS TRUST INC       | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4174 | NS      | $118792.04    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES INC   | EQUITY LIFESTYLE PPTYS INC      | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      6828 | NS      | $490113.84    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS and RESORTS INC       | HOST HOTELS and RESORTS INC     | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     22057 | NS      | $415774.45    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                           | UDR INC                         | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     14440 | NS      | $614999.60    | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP           | SBA COMMUNICATIONS CORP         | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      4111 | NS      | $1223145.83   | 7.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDROCK HOSPITALITY CO        | DIAMONDROCK HOSPITALITY CO      | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     21611 | NS      | $208113.93    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP(REIT)        | REGENCY CENTERS CORP REIT       | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      4879 | NS      | $325087.77    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                      | PROLOGIS INC REIT               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     14318 | NS      | $1851031.04   | 10.70%            |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR ADVERTISING CO              | LAMAR ADVERTISING CO CL A       | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      2503 | NS      | $266669.62    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer