# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-000398
**Filing Date:** 2026-1
**Character Count:** 17345
**Document Hash:** 75b9ebae33e893542fe1ce94b341f217
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-000398.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000035402-26-000398

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260531

**FILER**: 

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

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 26555329

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

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

## Series and Classes Contracts Data

### Fidelity Disruptive Technology ETF (Series ID: S000079689)

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

- **a. Name of Series:** Fidelity Disruptive Technology ETF

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

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

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $192099513.57

**Total Liabilities:** $80863.43

**Net Assets:** $192018650.14

**Cash Not Reported:** $3275.89

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240929 | 4.96%                | 6.39%                | -7.13%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $390034.54               | $8822970.74                                |
| Month 2  | $0.00                    | $12481569.66                               |
| Month 3  | $2333.22                 | $-14707442.53                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANTEST CORP                  | ADVANTEST CORP                 | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |     25400 | NS      | $3345635.54   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                    | ALPHABET INC CL C              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10744 | NS      | $3439369.28   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                  | AMAZON.COM INC                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     39631 | NS      | $9242741.82   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                       | APPLE INC                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     11940 | NS      | $3329469.00   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BE SEMICONDUCTOR INDUSTRIES NV  | BE SEMICOND INDUS NV (NETH)    | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     33188 | NS      | $5002409.47   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCO CORP                      | DISCO CORP                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      5651 | NS      | $1582012.29   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC              | META PLATFORMS INC CL A        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     12234 | NS      | $7927020.30   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust    | Fidelity Cash Central Fund     | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    311801 | NS      | $311863.22    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV           | NXP SEMICONDUCTORS NV          | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     10842 | NS      | $2113539.48   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORPORATION                 | INTL BUS MACH CORP             | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     11075 | NS      | $3417523.50   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                      | INTUIT INC                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      4044 | NS      | $2564219.52   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                  | MICROSOFT CORP                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     22539 | NS      | $11089413.39  | 5.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC           | MICRON TECHNOLOGY INC          | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     32429 | NS      | $7668809.92   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                     | NVIDIA CORP                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     72434 | NS      | $12820818.00  | 6.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC                      | AIRBNB INC CLASS A             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     13343 | NS      | $1560997.57   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                     | ORACLE CORP                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      9738 | NS      | $1966589.10   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC           | UBER TECHNOLOGIES INC          | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     21317 | NS      | $1866090.18   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC          | PALO ALTO NETWORKS INC         | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     19522 | NS      | $3711717.86   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER INC                     | ZSCALER INC                    | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     10948 | NS      | $2753422.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE INC                  | CLOUDFLARE INC                 | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     19935 | NS      | $3991186.35   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBER-ARK SOFTWARE LTD (ISRAEL) | CYBER-ARK SOFTWARE LTD         | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |      6938 | NS      | $3181697.42   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                      | TWILIO INC CLASS A             | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     29409 | NS      | $3814053.21   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ADYEN NV                        | ADYEN BV                       | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |       888 | NS      | $1381341.90   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNITE INC                     | MAGNITE INC                    | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    173732 | NS      | $2552123.08   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                  | SALESFORCE INC                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8191 | NS      | $1888353.14   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                          | SAP SE                         | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     18134 | NS      | $4388264.64   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORP PLC              | ATLASSIAN CORP PLC CLS A       | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     10413 | NS      | $1556951.76   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                    | SYNOPSYS INC                   | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     12120 | NS      | $5066281.20   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD | TAIWAN SEMIC MFG CO LTD SP ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     43188 | NS      | $12589733.88  | 6.56%             |  |  |  | No            |                  1 | On Loan: No      |
| COHERENT CORP                   | COHERENT CORP                  | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     31100 | NS      | $5108486.00   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                     | WORKDAY INC CL A               | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     15944 | NS      | $3437845.28   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WISETECH GLOBAL LTD             | WISETECH GLOBAL LTD            | CUSIP: N/A<br>LEI: 254900VE3AF301Q85K83       | Long             | EC               | CORP              | AU        |     35216 | NS      | $1684700.09   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                     | SHOPIFY INC CL A               | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     57775 | NS      | $9165426.00   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST INC                       | TOAST INC                      | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     74590 | NS      | $2550232.10   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC                     | DATADOG INC CL A               | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     35064 | NS      | $5610590.64   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LTD                         | SEA LTD ADR                    | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     26432 | NS      | $3674312.32   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA           | SPOTIFY TECHNOLOGY SA          | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |      5559 | NS      | $3329118.33   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                    | BROADCOM INC                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      4707 | NS      | $1896732.72   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD HOLDINGS INC                | PDD HOLDINGS INC ADR           | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     23674 | NS      | $2748077.92   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC        | CROWDSTRIKE HOLDINGS INC       | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      5221 | NS      | $2658324.36   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC       | PALANTIR TECHNOLOGIES INC      | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     49112 | NS      | $8272916.40   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL-E ONLINE LTD             | GLOBAL-E ONLINE LTD            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     79208 | NS      | $3201587.36   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDAY.COM LTD                  | MONDAY.COM LTD                 | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |     23325 | NS      | $3355534.50   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC          | MARVELL TECHNOLOGY INC         | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103082 | NS      | $9215530.80   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer