# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-23-034767
**Filing Date:** 2023-2
**Character Count:** 20630
**Document Hash:** 933948c626bc2bcbd4d3fb375860c6be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034767.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034767

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20230630

**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:** 23656810

**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 Cloud Computing ETF (Series ID: S000073598)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000230603 | Fidelity Cloud Computing ETF | FCLD            |

## 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 Cloud Computing ETF

- **b. EDGAR series identifier (if any):** S000073598

- **c. LEI of Series:** 549300TR4NYIN9OVQI08

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $20765309.89

**Total Liabilities:** $6867.50

**Net Assets:** $20758442.39

**Cash Not Reported:** $16054.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230603 | 6.05%                | 0.25%                | -2.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $36654.85                | $1091032.50                                |
| Month 2  | $6.13                    | $142935.21                                 |
| Month 3  | $-398353.15              | $-163929.09                                |

### 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        |      6062 | NS      | $607836.74    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                 | EQUINIX INC                        | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1218 | NS      | $797826.54    | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMVAULT SYSTEMS INC                       | COMMVAULT SYSTEMS INC              | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      4571 | NS      | $287241.64    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VERINT SYS INC                              | VERINT SYSTEMS INC                 | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |      7328 | NS      | $265859.84    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| C3.AI INC                                   | C3.AI INC                          | CUSIP: 12468P104<br>LEI: 549300YDLK0YQO5B1V80 | Long             | EC               | CORP              | US        |     16534 | NS      | $185015.46    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTERYX INC                                 | ALTERYX INC CL A                   | CUSIP: 02156B103<br>LEI: 549300XWZG0JHL7I0827 | Long             | EC               | CORP              | US        |      6496 | NS      | $329152.32    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX INC                                 | DROPBOX INC CL A                   | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     16774 | NS      | $375402.12    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                      | SAP SE                             | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      8741 | NS      | $899206.15    | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMO LOGIC INC                              | SUMO LOGIC INC                     | CUSIP: 86646P103<br>LEI: 549300L85NQSIULERR88 | Long             | EC               | CORP              | US        |     25280 | NS      | $204768.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ELASTIC NV                                  | ELASTIC NV                         | CUSIP: N/A<br>LEI: 2549003I48WHHH937I59       | Long             | EC               | CORP              | NL        |      6103 | NS      | $314304.50    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                              | SERVICENOW INC                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2209 | NS      | $857688.43    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SAGE GROUP PLC                              | SAGE GROUP PLC                     | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |     47534 | NS      | $426324.00    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CONFLUENT INC                               | CONFLUENT INC                      | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     13833 | NS      | $307645.92    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORP PLC                          | ATLASSIAN CORP PLC CLS A           | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      4149 | NS      | $533893.32    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVEPERSON INC                              | LIVEPERSON INC                     | CUSIP: 538146101<br>LEI: 549300IN2P1JZ20G7N40 | Long             | EC               | CORP              | US        |     15855 | NS      | $160769.70    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC                                 | DATADOG INC CL A                   | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      7326 | NS      | $538461.00    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                        | WESTERN DIGITAL CORP               | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     13310 | NS      | $419930.50    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| OPEN TEXT CORPORATION                       | OPEN TEXT CORPORATION              | CUSIP: 683715106<br>LEI: 549300UQROQS42RKHM85 | Long             | EC               | CORP              | CA        |     14458 | NS      | $428100.64    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                                 | HUBSPOT INC                        | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1706 | NS      | $493255.78    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC                               | SNOWFLAKE INC CL A                 | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      4868 | NS      | $698752.72    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSCOUT SYSTEMS INC                        | NETSCOUT SYSTEMS INC               | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |      7704 | NS      | $250457.04    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PURE STORAGE INC                            | PURE STORAGE INC CL A              | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     14327 | NS      | $383390.52    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UIPATH INC                                  | UIPATH INC A                       | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |     27183 | NS      | $345495.93    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| VMWARE INC                                  | VMWARE INC CL A                    | CUSIP: 928563402<br>LEI: 549300BUDHS3LRWBE814 | Long             | EC               | CORP              | US        |      5128 | NS      | $629513.28    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGSOFT CLOUD HOLDINGS LTD                 | KINGSOFT CLOUD HOLDINGS LTD ADR    | CUSIP: 49639K101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     50752 | NS      | $194380.16    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GITLAB INC                                  | GITLAB INC CL A                    | CUSIP: 37637K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6551 | NS      | $297677.44    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NUTANIX INC                                 | NUTANIX INC CL A                   | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |     13249 | NS      | $345136.45    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE CO               | HEWLETT PACKARD ENTERPRISE CO      | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     35414 | NS      | $565207.44    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| VNET GROUP INC                              | VNET GROUP INC                     | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | KY        |     33814 | NS      | $191725.38    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PLC             | SEAGATE TECHNOLOGY HOLDINGS PLC    | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |      8728 | NS      | $459180.08    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW RELIC INC                               | NEW RELIC INC                      | CUSIP: 64829B100<br>LEI: 549300AB8FY2HQILL804 | Long             | EC               | CORP              | US        |      5468 | NS      | $308668.60    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MONGODB INC                                 | MONGODB INC CL A                   | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      2928 | NS      | $576347.52    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALTRICS INTERNATIONAL INC                 | QUALTRICS INTERNATIONAL INC        | CUSIP: 747601201<br>LEI: 549300NW34K5PVZGTN68 | Long             | EC               | CORP              | US        |     21119 | NS      | $219215.22    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BOX INC                                     | BOX INC CL A                       | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     11773 | NS      | $366493.49    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                              | SALESFORCE INC                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      6629 | NS      | $878939.11    | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INFORMATICA INC                             | INFORMATICA INC                    | CUSIP: 45674M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10726 | NS      | $174726.54    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                | Fidelity Cash Central Fund         | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |      3482 | NS      | $3482.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSTRATEGY INC                           | MICROSTRATEGY INC CL A             | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      1316 | NS      | $186306.12    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                 | NASD100 MICRO FUT EMINMAR23 HWBH3  | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |         1 | NC      | $-1331.45     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PEGASYSTEMS INC                             | PEGASYSTEMS INC                    | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |      6568 | NS      | $224888.32    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGDEE INTERNATIONAL SOFTWARE GROUP CO LTD | KINGDEE INTL SFTWRE GRP CO LTD     | CUSIP: N/A<br>LEI: 529900SWRZN94C5SZO63       | Long             | EC               | CORP              | KY        |    208500 | NS      | $447189.28    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                                  | TWILIO INC CLASS A                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      8818 | NS      | $431729.28    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ATOS SE                                     | ATOS SE                            | CUSIP: N/A<br>LEI: 5493001EZOOA66PTBR68       | Long             | EC               | CORP              | FR        |     20870 | NS      | $200728.85    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM VIDEO COMMUNICATIONS INC               | ZOOM VIDEO COMMUNICATIONS INC CL A | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |      7096 | NS      | $480683.04    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SPLUNK INC                                  | SPLUNK INC                         | CUSIP: 848637104<br>LEI: 549300XGDSGBP6UEI867 | Long             | EC               | CORP              | US        |      5551 | NS      | $477885.59    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                                 | WORKDAY INC CL A                   | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      4061 | NS      | $679527.13    | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP INC                                  | NETAPP INC                         | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      7712 | NS      | $463182.72    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRO FOCUS INTERNATIONAL PLC               | MICRO FOCUS INTERNATIONAL PLC      | CUSIP: N/A<br>LEI: 213800F8E4X648142844       | Long             | EC               | CORP              | GB        |     44127 | NS      | $281007.47    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVE9 INC                                   | FIVE9 INC                          | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |      5302 | NS      | $359793.72    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPA SOFTWARE INC                          | COUPA SOFTWARE INC                 | CUSIP: 22266L106<br>LEI: 549300Q95ICR2GFL2K37 | Long             | EC               | CORP              | US        |      5604 | NS      | $443668.68    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE INC                               | DYNATRACE INC                      | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10779 | NS      | $412835.70    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADATA CORP DEL                           | TERADATA CORP                      | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |      9372 | NS      | $315461.52    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer