# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-23-067637
**Filing Date:** 2023-3
**Character Count:** 36490
**Document Hash:** 6f953da7be68c5d55561be0d22a8a964
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067637.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067637

**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:** 23763753

**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 Women's Leadership ETF (Series ID: S000072127)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000227888 | Fidelity Women's Leadership ETF | FDWM            |

## 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 Women's Leadership ETF

- **b. EDGAR series identifier (if any):** S000072127

- **c. LEI of Series:** 549300GS0S3Q6IN9WY89

**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:** $5021784.60

**Total Liabilities:** $2345.40

**Net Assets:** $5019439.20

**Cash Not Reported:** $86070.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227888 | 6.31%                | -5.85%               | 8.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-48570.36               | $205526.30                                 |
| Month 2  | $-15626.98               | $-147470.35                                |
| Month 3  | $-70890.84               | $460369.96                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TAPESTRY INC                             | TAPESTRY INC                            | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       980 | NS      | $44658.60     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO                        | GENERAL MOTORS CO                       | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       998 | NS      | $39241.36     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC INC                              | HOLOGIC INC                             | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      1251 | NS      | $101793.87    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                              | PHILLIPS 66                             | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       709 | NS      | $71091.43     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE INC                           | CLOUDFLARE INC                          | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |       263 | NS      | $13915.33     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ INC                               | NASDAQ INC                              | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      1444 | NS      | $86914.36     | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNITZER STEEL INDS INC                 | SCHNITZER STEEL INDS INC CL A           | CUSIP: 806882106<br>LEI: 549300F62TK8VRDSM285 | Long             | EC               | CORP              | US        |       831 | NS      | $28121.04     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                | APPLE INC                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |       740 | NS      | $106774.60    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHLS CORP                               | KOHLS CORP                              | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |       805 | NS      | $26057.85     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH             | HUNTINGTON BANCSHARES INC               | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |      2474 | NS      | $37530.58     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC             | ADTALEM GLOBAL EDUCATION INC            | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |       830 | NS      | $31689.40     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC               | ADVANCED MICRO DEVICES INC              | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       497 | NS      | $37349.55     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                           | AMAZON.COM INC                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       488 | NS      | $50327.44     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INSIGHT ENTERPRISES INC                  | INSIGHT ENTERPRISES INC                 | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |       436 | NS      | $49145.92     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MANPOWERGROUP INC                        | MANPOWERGROUP INC                       | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |       484 | NS      | $42185.44     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORP                | TAYLOR MORRISON HOME CORP               | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |      1039 | NS      | $37196.20     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                           | MICROSOFT CORP                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       580 | NS      | $143729.80    | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO INC                          | BEST BUY CO INC                         | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       367 | NS      | $32560.24     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                             | ALPHABET INC CL C                       | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       263 | NS      | $26265.81     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP OHIO                    | PROGRESSIVE CORP OHIO                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       742 | NS      | $101171.70    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                            | ACCENTURE PLC CL A                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |       309 | NS      | $86226.45     | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBERTSONS COS INC                       | ALBERTSONS COS INC                      | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |      1230 | NS      | $26076.00     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                                 | EQT CORPORATION                         | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |       672 | NS      | $21954.24     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                                | ADOBE INC                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       178 | NS      | $65920.52     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP                                 | PVH CORP                                | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |       348 | NS      | $31285.20     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                       | NEXTERA ENERGY INC                      | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       610 | NS      | $45524.30     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                               | INTUIT INC                              | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       157 | NS      | $66359.19     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE and CO                             | DEERE and CO                            | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       129 | NS      | $54546.36     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGS INC                                 | FIGS INC-CLASS A                        | CUSIP: 30260D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1737 | NS      | $15546.15     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP                      | OTIS WORLDWIDE CORP                     | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       596 | NS      | $49009.08     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL SIGNAL CORP                      | FEDERAL SIGNAL CORP                     | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      2048 | NS      | $109056.00    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                               | VENTAS INC REIT                         | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       792 | NS      | $41033.52     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LTD                                 | FLEX LTD                                | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |      1085 | NS      | $25334.75     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                       | REGAL REXNORD CORP                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |       107 | NS      | $14894.40     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX INC                                  | WEX INC                                 | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |       451 | NS      | $83421.47     | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV                    | NXP SEMICONDUCTORS NV                   | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |       313 | NS      | $57689.03     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA CORP                               | CIGNA CORP                              | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       268 | NS      | $84867.56     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                            | LOWES COS INC                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       252 | NS      | $52479.00     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHT HORIZONS FAMILY SOLUTIONS INC DEL | BRIGHT HORIZONS FAMILY SOLUTIONS INC    | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       387 | NS      | $29713.86     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WATER WORKS CO INC              | AMERICAN WATER WRKS COMPANY             | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |       396 | NS      | $61970.04     | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MORNINGSTAR INC                          | MORNINGSTAR INC                         | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |       219 | NS      | $53190.72     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD FINL SVCS GROUP INC             | HARTFORD FINL SVCS GROUP INC            | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      1168 | NS      | $90648.48     | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                | OCCIDENTAL PETROLEUM CORP               | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |       607 | NS      | $39327.53     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GAP INC                                  | GAP INC                                 | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |      2251 | NS      | $30546.07     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNRUN INC                               | SUNRUN INC                              | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |       662 | NS      | $17397.36     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH and MCLENNAN COS INC               | MARSH and MCLENNAN COS INC              | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |       228 | NS      | $39879.48     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT INC                              | HUBSPOT INC                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       101 | NS      | $35048.01     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC                   | MARVELL TECHNOLOGY INC                  | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       821 | NS      | $35426.15     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC/MD            | MARRIOTT INTERNATIONAL INC A            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       293 | NS      | $51034.74     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                      | ELEVANCE HEALTH INC                     | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       146 | NS      | $72998.54     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET LABS PBC                          | PLANET LABS PBC A                       | CUSIP: 72703X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1568 | NS      | $7761.60      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LAUDER ESTEE COS INC                     | ESTEE LAUDER COS INC CL A               | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       182 | NS      | $50428.56     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTMAN CHEMICAL CO                      | EASTMAN CHEMICAL CO                     | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       378 | NS      | $33328.26     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HLDGS INC                         | PAYPAL HLDGS INC                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |       418 | NS      | $34062.82     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC                         | VAIL RESORTS INC                        | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |       133 | NS      | $34891.22     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERPUBLIC GROUP OF COS INC             | INTERPUBLIC GROUP OF COS INC            | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      2147 | NS      | $78279.62     | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AXCELIS TECHNOLOGIES INC                 | AXCELIS TECHNOLOGIES INC                | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |       289 | NS      | $31775.55     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| LILLY (ELI) and CO                       | LILLY (ELI) and CO                      | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |        81 | NS      | $27876.15     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORP                       | FIRST HORIZON CORP                      | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |      1267 | NS      | $31332.91     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA CO                             | COCA COLA CO                            | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       816 | NS      | $50037.12     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOROX CO                                | CLOROX CO                               | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |       254 | NS      | $36751.26     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HERSHEY CO                               | HERSHEY CO (THE)                        | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |       282 | NS      | $63337.20     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NVENT ELECTRIC PLC                       | NVENT ELECTRIC PLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      1689 | NS      | $67137.75     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BUMBLE INC                               | BUMBLE INC CL A                         | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1910 | NS      | $49182.50     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JETBLUE AIRWAYS CORP                     | JETBLUE AIRWAYS CORP                    | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |      1704 | NS      | $13632.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                            | CITIGROUP INC                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       737 | NS      | $38486.14     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT MATERIALS INC                     | SUMMIT MATERIALS INC CL A               | CUSIP: 86614U100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       980 | NS      | $32202.80     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CABOT CORP                               | CABOT CORP                              | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |       437 | NS      | $32919.21     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                               | ZOETIS INC CL A                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       367 | NS      | $60734.83     | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                           | SALESFORCE INC                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       435 | NS      | $73066.95     | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL METALS CO                     | COMMERCIAL METALS CO                    | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |      1249 | NS      | $67783.23     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                                 | ICON PLC                                | CUSIP: N/A<br>LEI: 6354008SRQGEMC4XFI67       | Long             | EC               | CORP              | IE        |       138 | NS      | $31837.98     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN RESOURCES INC                   | FRANKLIN RESOURCES INC                  | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |      1070 | NS      | $33384.00     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC               | VERTEX PHARMACEUTICALS INC              | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       282 | NS      | $91114.20     | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS-SONOMA INC                      | WILLIAMS-SONOMA INC                     | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |       328 | NS      | $44260.32     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW CORP                                 | CDW CORPORATION                         | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       593 | NS      | $116245.79    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC                | UNITED PARCEL SERVICE INC CL B          | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       337 | NS      | $62422.51     | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GENPACT LTD                              | GENPACT LTD                             | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |       888 | NS      | $41984.64     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                  | GSK PLC SPONS ADR                       | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |      1004 | NS      | $35401.04     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                              | NETFLIX INC                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       161 | NS      | $56971.46     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC              | ALNYLAM PHARMACEUTICALS INC             | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       151 | NS      | $34186.40     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SCIENCE APPLICATIONS INTERNATIONAL CORP  | SCIENCE APPLICATIONS INTERNATIONAL CORP | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |       584 | NS      | $60607.52     | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGERDUTY INC                            | PAGERDUTY INC                           | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |       901 | NS      | $26840.79     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VALVOLINE INC                            | VALVOLINE INC                           | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |       888 | NS      | $32554.08     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                                 | MSCI INC                                | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |        50 | NS      | $26578.00     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES INC          | EQUITY LIFESTYLE PPTYS INC              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |       818 | NS      | $58716.04     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                              | NVIDIA CORP                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       370 | NS      | $72286.90     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                    | JPMORGAN CHASE and CO                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       245 | NS      | $34290.20     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                           | MASTERCARD INC CL A                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       219 | NS      | $81161.40     | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST UNITED CORP                        | FIRST UNITED CORP                       | CUSIP: 33741H107<br>LEI: 549300G54QPXQLB4KN58 | Long             | EC               | CORP              | US        |      1039 | NS      | $20198.16     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| STERICYCLE INC                           | STERICYCLE INC                          | CUSIP: 858912108<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | EC               | CORP              | US        |       195 | NS      | $10492.95     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION              | BANK OF AMERICA CORPORATION             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      2503 | NS      | $88806.44     | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK INC NEW                           | AMETEK INC NEW                          | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |       709 | NS      | $102748.28    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HLDGS INC                         | LEIDOS HOLDINGS INC                     | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |       558 | NS      | $55152.72     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CABLE ONE INC                            | CABLE ONE INC                           | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |        20 | NS      | $15797.60     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ETSY INC                                 | ETSY INC                                | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |       320 | NS      | $44025.60     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                      | ARISTA NETWORKS INC                     | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |       313 | NS      | $39444.26     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ZAI LAB LTD                              | ZAI LAB LTD UNSPNRD ADR                 | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | KY        |       401 | NS      | $16898.14     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CELANESE CORP DEL                        | CELANESE CORP                           | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |       285 | NS      | $35112.00     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO                           | DISNEY (WALT) CO                        | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       396 | NS      | $42962.04     | 0.86%             |  |  |  | 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