# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-23-066255
**Filing Date:** 2023-3
**Character Count:** 42594
**Document Hash:** aae5f38c4837f9999691872d95ce0c39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-066255.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-066255

**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:** 23761845

**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 MSCI Communication Services Index ETF (Series ID: S000042579)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000131671 | Fidelity MSCI Communication Services Index ETF | FCOM            |

## 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 MSCI Communication Services Index ETF

- **b. EDGAR series identifier (if any):** S000042579

- **c. LEI of Series:** 5493002BTS1FZF1TQT97

**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:** $520318525.91

**Total Liabilities:** $34772.63

**Net Assets:** $520283753.28

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131671 | 4.96%                | -7.23%               | 15.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2920900.47              | $21165877.65                               |
| Month 2  | $-6460759.08             | $-30865205.93                              |
| Month 3  | $1565381.07              | $65041833.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nexstar Media Group Inc                  | Nexstar Media Group Inc                                    | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     18060 | NS      | $3698146.20   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                                 | Angi Inc                                                   | CUSIP: 00183L102<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |     48297 | NS      | $140544.27    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc       | Clear Channel Outdoor Holdings Inc                         | CUSIP: 18453H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    227087 | NS      | $433736.17    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Braves        | Liberty Media Corp-Liberty Braves                          | CUSIP: 531229888<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27388 | NS      | $949815.84    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc                | Warner Bros Discovery Inc                                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    557851 | NS      | $8267351.82   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH Network Corp                        | DISH Network Corp                                          | CUSIP: 25470M109<br>LEI: 529900U350CWHH15G169 | Long             | EC               | CORP              | US        |    126365 | NS      | $1818392.35   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Anterix Inc                              | Anterix Inc                                                | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |      9397 | NS      | $338949.79    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantage Solutions Inc                  | Advantage Solutions Inc                                    | CUSIP: 00791N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53565 | NS      | $138733.35    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                            | EchoStar Corp                                              | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     23384 | NS      | $437514.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavor Group Holdings Inc              | Endeavor Group Holdings Inc                                | CUSIP: 29260Y109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58815 | NS      | $1319220.45   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                               | Bumble Inc                                                 | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49169 | NS      | $1266101.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings Inc                   | Sirius XM Holdings Inc                                     | CUSIP: 82968B103<br>LEI: 54930055RWDMVXAGZK98 | Long             | EC               | CORP              | US        |    487681 | NS      | $2823672.99   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp                   | Liberty Broadband Corp                                     | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     42580 | NS      | $3822832.40   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Communications Holdings Inc | Consolidated Communications Holdings Inc                   | CUSIP: 209034107<br>LEI: 529900F6S64KOO8CXH48 | Long             | EC               | CORP              | US        |     50653 | NS      | $220340.55    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WideOpenWest Inc                         | WideOpenWest Inc                                           | CUSIP: 96758W101<br>LEI: 549300RM6J2BWWOFU889 | Long             | EC               | CORP              | US        |     36413 | NS      | $418385.37    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Networks Inc                         | AMC Networks Inc                                           | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |     19558 | NS      | $362018.58    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovid Corp                             | Innovid Corp                                               | CUSIP: 457679108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40589 | NS      | $91325.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                 | Yelp Inc                                                   | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     48434 | NS      | $1526155.34   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                | News Corp                                                  | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |    184261 | NS      | $3733127.86   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc                    | Cinemark Holdings Inc                                      | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |     74692 | NS      | $891822.48    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iHeartMedia Inc                          | iHeartMedia Inc                                            | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80432 | NS      | $623348.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corp | Madison Square Garden Entertainment Corp                   | CUSIP: 55826T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16997 | NS      | $888773.13    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Entertainment Holdings Inc           | AMC Entertainment Holdings Inc                             | CUSIP: 00165C203<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EP               | CORP              | US        |    358413 | NS      | $867359.46    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                        | Omnicom Group Inc                                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     67862 | NS      | $5835453.38   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                             | Comcast Corp                                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    611241 | NS      | $24052333.35  | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                                 | IDT Corp                                                   | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |     14291 | NS      | $420012.49    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    115719 | NS      | $3927502.86   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Skillz Inc                               | Skillz Inc                                                 | CUSIP: 83067L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    178976 | NS      | $143073.41    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                           | QuinStreet Inc                                             | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     34983 | NS      | $536289.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc           | Telephone and Data Systems Inc                             | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70187 | NS      | $938400.19    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp        | Madison Square Garden Sports Corp                          | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10159 | NS      | $1847312.56   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc                | ZoomInfo Technologies Inc                                  | CUSIP: 98980F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88286 | NS      | $2492313.78   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                             | Alphabet Inc                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    578138 | NS      | $57143159.92  | 10.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc                   | Lumen Technologies Inc                                     | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    386748 | NS      | $2030427.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus Corp/The                          | Marcus Corp/The                                            | CUSIP: 566330106<br>LEI: 549300NL0OKPNEMP6B79 | Long             | EC               | CORP              | US        |     14964 | NS      | $226554.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                          | TripAdvisor Inc                                            | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     70020 | NS      | $1631466.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications Inc               | Iridium Communications Inc                                 | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     67481 | NS      | $4038063.04   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent Inc       | Frontier Communications Parent Inc                         | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108237 | NS      | $3204897.57   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo Inc                                 | Gogo Inc                                                   | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     40161 | NS      | $673499.97    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty SiriusXM      | Liberty Media Corp-Liberty SiriusXM                        | CUSIP: 531229607<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81331 | NS      | $3277639.30   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                         | Paramount Global                                           | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    180179 | NS      | $4172945.64   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Lions Gate Entertainment Corp            | Lions Gate Entertainment Corp                              | CUSIP: 535919401<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |     40016 | NS      | $318927.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                       | Trade Desk Inc/The                                         | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     91798 | NS      | $4654158.60   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Cellular Corp              | United States Cellular Corp                                | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     10929 | NS      | $267323.34    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc        | Take-Two Interactive Software Inc                          | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     45357 | NS      | $5135773.11   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Globalstar Inc                           | Globalstar Inc                                             | CUSIP: 378973408<br>LEI: 549300NEX8I0MSOW0R64 | Long             | EC               | CORP              | US        |    495198 | NS      | $698229.18    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                             | Alphabet Inc                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    502148 | NS      | $50149520.76  | 9.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Charge Enterprises Inc                   | Charge Enterprises Inc                                     | CUSIP: 159610104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78637 | NS      | $105373.58    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| World Wrestling Entertainment Inc        | World Wrestling Entertainment Inc                          | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |     29840 | NS      | $2525060.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                       | Walt Disney Co/The                                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    323533 | NS      | $35100095.17  | 6.75%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                    | John Wiley & Sons Inc                                      | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |     30473 | NS      | $1395663.40   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandwidth Inc                            | Bandwidth Inc                                              | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |     16057 | NS      | $399498.16    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                                | IMAX Corp                                                  | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     31121 | NS      | $529057.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Omaha Corp                        | Boston Omaha Corp                                          | CUSIP: 101044105<br>LEI: 54930002FEWTYF4YFF19 | Long             | EC               | CORP              | US        |     13850 | NS      | $366332.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lions Gate Entertainment Corp            | Lions Gate Entertainment Corp                              | CUSIP: 535919500<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |     85687 | NS      | $652934.94    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                          | Scholastic Corp                                            | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20003 | NS      | $884932.72    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                              | Magnite Inc                                                | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     83449 | NS      | $1008063.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eventbrite Inc                           | Eventbrite Inc                                             | CUSIP: 29975E109<br>LEI: 549300N6XBV2B1FAUF55 | Long             | EC               | CORP              | US        |     55267 | NS      | $491323.63    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc                  | Activision Blizzard Inc                                    | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |    163031 | NS      | $12483283.67  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Radius Global Infrastructure Inc         | Radius Global Infrastructure Inc                           | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     56164 | NS      | $756529.08    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                       | Thryv Holdings Inc                                         | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14680 | NS      | $328391.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinclair Broadcast Group Inc             | Sinclair Broadcast Group Inc                               | CUSIP: 829226109<br>LEI: 529900879GWQV880PQ28 | Long             | EC               | CORP              | US        |     30034 | NS      | $619601.42    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stagwell Inc                             | Stagwell Inc                                               | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |     55213 | NS      | $387595.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                              | Netflix Inc                                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     73221 | NS      | $25909983.06  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                 | AT&T Inc                                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   1111640 | NS      | $22644106.80  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                             | Cargurus Inc                                               | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     60208 | NS      | $1062671.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaAlpha Inc                           | MediaAlpha Inc                                             | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16735 | NS      | $233453.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap Inc                                 | Snap Inc                                                   | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |    319851 | NS      | $3697477.56   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                           | Ziff Davis Inc                                             | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     29288 | NS      | $2620690.24   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Entertainment Holdings Inc           | AMC Entertainment Holdings Inc                             | CUSIP: 00165C104<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EC               | CORP              | US        |    332712 | NS      | $1780009.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                          | Match Group Inc                                            | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |     73402 | NS      | $3972516.24   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ATN International Inc                    | ATN International Inc                                      | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Long             | EC               | CORP              | US        |      7621 | NS      | $372514.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd                | Liberty Latin America Ltd                                  | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | BM        |     25941 | NS      | $255259.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC                       | Liberty Global PLC                                         | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    107230 | NS      | $2325818.70   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                            | Cable One Inc                                              | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      2495 | NS      | $1970750.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd                | Liberty Latin America Ltd                                  | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | BM        |    103188 | NS      | $1016401.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Playtika Holding Corp                    | Playtika Holding Corp                                      | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | US        |     50061 | NS      | $525139.89    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                       | Meta Platforms Inc                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    401222 | NS      | $59770041.34  | 11.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One   | Liberty Media Corp-Liberty Formula One                     | CUSIP: 531229854<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68078 | NS      | $4819922.40   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc               | Verizon Communications Inc                                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    745958 | NS      | $31009474.06  | 5.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC                       | Liberty Global PLC                                         | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    153803 | NS      | $3437497.05   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Playstudios Inc                          | Playstudios Inc                                            | CUSIP: 72815G108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59921 | NS      | $276835.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                                   | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     92288 | NS      | $2925529.60   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextdoor Holdings Inc                    | Nextdoor Holdings Inc                                      | CUSIP: 65345M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63870 | NS      | $157120.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ZipRecruiter Inc                         | ZipRecruiter Inc                                           | CUSIP: 98980B103<br>LEI: 549300HLOVNNFCY2IV80 | Long             | EC               | CORP              | US        |     26060 | NS      | $511818.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc            | Live Nation Entertainment Inc                              | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     53953 | NS      | $4342676.97   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardlytics Inc                           | Cardlytics Inc                                             | CUSIP: 14161W105<br>LEI: 549300JETJBH94EIPC66 | Long             | EC               | CORP              | US        |     23137 | NS      | $173527.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TechTarget Inc                           | TechTarget Inc                                             | CUSIP: 87874R100<br>LEI: 529900YQA5JL2H2VMB84 | Long             | EC               | CORP              | US        |     19367 | NS      | $959247.51    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications Co         | Shenandoah Telecommunications Co                           | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |     32907 | NS      | $643331.85    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                         | Shutterstock Inc                                           | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     17236 | NS      | $1297353.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors             | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |    940000 | NS      | $940000.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PubMatic Inc                             | PubMatic Inc                                               | CUSIP: 74467Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27588 | NS      | $422924.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                      | Electronic Arts Inc                                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     65833 | NS      | $8471390.44   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Gray Television Inc                      | Gray Television Inc                                        | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     53384 | NS      | $691856.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                            | Pinterest Inc                                              | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173584 | NS      | $4563523.36   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                              | ROBLOX Corp                                                | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104138 | NS      | $3874974.98   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The                        | EW Scripps Co/The                                          | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |     36992 | NS      | $553030.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings Inc       | Cogent Communications Holdings Inc                         | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29822 | NS      | $2044894.54   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                | TEGNA Inc                                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    133419 | NS      | $2659040.67   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                                 | Roku Inc                                                   | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     40805 | NS      | $2346287.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                                | Vimeo Inc                                                  | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    107970 | NS      | $490183.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                  | IAC Inc                                                    | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     35312 | NS      | $1995128.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| fuboTV Inc                               | fuboTV Inc                                                 | CUSIP: 35953D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124714 | NS      | $320514.98    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The                    | New York Times Co/The                                      | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     83802 | NS      | $2919661.68   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                          | T-Mobile US Inc                                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    123235 | NS      | $18400217.85  | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/The         | Interpublic Group of Cos Inc/The                           | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |    144235 | NS      | $5258808.10   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc               | Charter Communications Inc                                 | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     26090 | NS      | $10026647.90  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange              | S+P EMINI COM SER MAR23                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        25 | NC      | $158101.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Altice USA Inc                           | Altice USA Inc                                             | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |    149269 | NS      | $731418.10    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty SiriusXM      | Liberty Media Corp-Liberty SiriusXM                        | CUSIP: 531229409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50862 | NS      | $2066014.44   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Braves        | Liberty Media Corp-Liberty Braves                          | CUSIP: 531229706<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5371 | NS      | $188683.23    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com Inc                             | Cars.com Inc                                               | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |     44616 | NS      | $762933.60    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** FIDELITY COVINGTON TRUST

**Signature:** Stacie M Smith

**Name of Signer:** Stacie M Smith

**Title:** President and Treasurer