# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-25-002861
**Filing Date:** 2025-12
**Character Count:** 83867
**Document Hash:** f8c0cd287b75f8b0cb592452c0e97373
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-002861.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000035402-25-002861

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260731

**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:** 251599693

**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 Blue Chip Growth ETF (Series ID: S000068173)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000218329 | Fidelity Blue Chip Growth ETF | FBCG            |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Blue Chip Growth ETF**

**October 31, 2025**

GTF-NPRT1-1225

1.9897896.105 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.9%** | &nbsp;&nbsp;**Common Stocks - 99.9%** | &nbsp;&nbsp;**Common Stocks - 99.9%** |
|  | Shares | Value ($)<br>|
| BRAZIL - 0.2%  |  |  |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| NU Holdings Ltd/Cayman Islands Class A (a) | 230427 | 3712179 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Wheaton Precious Metals Corp (United States)  | 51248 | 4946457 |
| TOTAL BRAZIL |  | 8658636 |
| CANADA - 1.7%  |  |  |
| Consumer Discretionary - 0.3% |  |  |
| Specialty Retail - 0.3% |  |  |
| Aritzia Inc Subordinate Voting Shares (a) | 233547 | 16313571 |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Cameco Corp  | 44112 | 4508227 |
| Information Technology - 1.2% |  |  |
| Electronic Equipment, Instruments & Components - 0.8% |  |  |
| Celestica Inc (United States) (a) | 121555 | 41873267 |
| IT Services - 0.4% |  |  |
| Shopify Inc Class A (a) | 135400 | 23541866 |
| TOTAL INFORMATION TECHNOLOGY |  | 65415133 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Franco-Nevada Corp (United States)  | 24662 | 4602669 |
| TOTAL CANADA |  | 90839600 |
| CHINA - 0.3%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Automobile Components - 0.1% |  |  |
| Hesai Group ADR (a) | 122155 | 2898738 |
| WeRide Inc ADR (a) | 306025 | 3265287 |
|  |  | 6164025 |
| Broadline Retail - 0.1% |  |  |
| Alibaba Group Holding Ltd ADR  | 19882 | 3388489 |
| PDD Holdings Inc Class A ADR (a) | 20962 | 2827145 |
|  |  | 6215634 |
| TOTAL CONSUMER DISCRETIONARY |  | 12379659 |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| Pony AI Inc ADR (a) | 210003 | 3922856 |
| TOTAL CHINA |  | 16302515 |
| DENMARK - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Biotechnology - 0.0% |  |  |
| Ascendis Pharma A/S ADR (a) | 1774 | 357638 |
| FINLAND - 0.2%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Textiles, Apparel & Luxury Goods - 0.2% |  |  |
| Amer Sports Inc (a) | 353117 | 11027844 |
| INDIA - 0.1%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| MakeMyTrip Ltd (a) | 40836 | 3266880 |
| JAPAN - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| Semiconductors & Semiconductor Equipment - 0.0% |  |  |
| Allegro MicroSystems Inc (a) | 78373 | 2344920 |
| NETHERLANDS - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| Semiconductors & Semiconductor Equipment - 0.2% |  |  |
| NXP Semiconductors NV  | 52108 | 10896825 |
| SWITZERLAND - 0.1%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Textiles, Apparel & Luxury Goods - 0.1% |  |  |
| On Holding AG Class A (a) | 195107 | 7248225 |
| TAIWAN - 1.1%  |  |  |
| Information Technology - 1.1% |  |  |
| Semiconductors & Semiconductor Equipment - 1.1% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 184638 | 55470794 |
| UNITED KINGDOM - 0.3%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Hotels, Restaurants & Leisure - 0.2% |  |  |
| Flutter Entertainment PLC (a) | 43523 | 10123015 |
| Consumer Staples - 0.1% |  |  |
| Tobacco - 0.1% |  |  |
| British American Tobacco PLC ADR  | 86654 | 4435818 |
| TOTAL UNITED KINGDOM |  | 14558833 |
| UNITED STATES - 95.7%  |  |  |
| Communication Services - 15.6% |  |  |
| Entertainment - 3.8% |  |  |
| Netflix Inc (a) | 122669 | 137249438 |
| ROBLOX Corp Class A (a) | 317232 | 36075623 |
| Spotify Technology SA (a) | 21920 | 14364614 |
| Take-Two Interactive Software Inc (a) | 35718 | 9157024 |
| Warner Bros Discovery Inc (a) | 213121 | 4784566 |
|  |  | 201631265 |
| Interactive Media & Services - 11.8% |  |  |
| Alphabet Inc Class A  | 1225250 | 344528048 |
| Meta Platforms Inc Class A  | 350999 | 227570202 |
| Reddit Inc Class A (a) | 107376 | 22436214 |
| Snap Inc Class A (a) | 3134167 | 24446503 |
|  |  | 618980967 |
| Media - 0.0% |  |  |
| MNTN Inc Class A  | 93681 | 1553231 |
| TOTAL COMMUNICATION SERVICES |  | 822165463 |
| Consumer Discretionary - 15.5% |  |  |
| Automobiles - 1.8% |  |  |
| Tesla Inc (a) | 204720 | 93466963 |
| Broadline Retail - 8.0% |  |  |
| Amazon.com Inc (a) | 1711990 | 418102198 |
| Hotels, Restaurants & Leisure - 1.5% |  |  |
| Brinker International Inc (a) | 65704 | 7139397 |
| Carnival Corp (a) | 117920 | 3399633 |
| Chipotle Mexican Grill Inc (a) | 239829 | 7600181 |
| DoorDash Inc Class A (a) | 49792 | 12665591 |
| DraftKings Inc Class A (a) | 346398 | 10596315 |
| Dutch Bros Inc Class A (a) | 48088 | 2670807 |
| Royal Caribbean Cruises Ltd  | 14497 | 4158175 |
| Starbucks Corp  | 319363 | 25826886 |
| Yum! Brands Inc  | 34122 | 4716002 |
|  |  | 78772987 |
| Household Durables - 0.8% |  |  |
| DR Horton Inc  | 17056 | 2542708 |
| PulteGroup Inc  | 19878 | 2382775 |
| SharkNinja Inc (a) | 341799 | 29223815 |
| Somnigroup International Inc  | 78099 | 6196375 |
| Toll Brothers Inc  | 23245 | 3136913 |
|  |  | 43482586 |
| Leisure Products - 0.0% |  |  |
| Peloton Interactive Inc Class A (a) | 939424 | 6820218 |
| Specialty Retail - 2.4% |  |  |
| Abercrombie & Fitch Co Class A (a) | 65738 | 4769292 |
| American Eagle Outfitters Inc  | 193222 | 3228740 |
| Bath & Body Works Inc  | 249234 | 6101248 |
| Burlington Stores Inc (a) | 9012 | 2465593 |
| Carvana Co Class A (a) | 70572 | 21633141 |
| Five Below Inc (a) | 45793 | 7201865 |
| Floor & Decor Holdings Inc Class A (a) | 21005 | 1312392 |
| Home Depot Inc/The  | 18885 | 7168557 |
| Lowe's Cos Inc  | 105941 | 25227730 |
| RealReal Inc/The (a) | 4200 | 51282 |
| Restoration Hardware Inc (a) | 75108 | 12955379 |
| TJX Cos Inc/The  | 143368 | 20091592 |
| Urban Outfitters Inc (a) | 38690 | 2499761 |
| Victoria's Secret & Co (a) | 141066 | 4972577 |
| Warby Parker Inc Class A (a) | 179538 | 3517149 |
| Wayfair Inc Class A (a) | 9033 | 935006 |
|  |  | 124131304 |
| Textiles, Apparel & Luxury Goods - 1.0% |  |  |
| Capri Holdings Ltd (a) | 467355 | 9697616 |
| Deckers Outdoor Corp (a) | 150963 | 12303485 |
| Kontoor Brands Inc  | 18137 | 1467645 |
| Lululemon Athletica Inc (a) | 55594 | 9481001 |
| NIKE Inc Class B  | 179430 | 11589384 |
| Tapestry Inc  | 31184 | 3424627 |
| VF Corp  | 215801 | 3029846 |
|  |  | 50993604 |
| TOTAL CONSUMER DISCRETIONARY |  | 815769860 |
| Consumer Staples - 0.9% |  |  |
| Beverages - 0.1% |  |  |
| Celsius Holdings Inc (a) | 113185 | 6817133 |
| Consumer Staples Distribution & Retail - 0.6% |  |  |
| Costco Wholesale Corp  | 10684 | 9737932 |
| Target Corp  | 45771 | 4243887 |
| Walmart Inc  | 160450 | 16234331 |
|  |  | 30216150 |
| Food Products - 0.1% |  |  |
| Freshpet Inc (a) | 68522 | 3371967 |
| Personal Care Products - 0.1% |  |  |
| elf Beauty Inc (a) | 41176 | 5029237 |
| TOTAL CONSUMER STAPLES |  | 45434487 |
| Financials - 3.7% |  |  |
| Capital Markets - 1.7% |  |  |
| Ares Management Corp Class A  | 42428 | 6309468 |
| Blue Owl Capital Inc Class A  | 507724 | 8006807 |
| Coinbase Global Inc Class A (a) | 9523 | 3273817 |
| Galaxy Digital Inc Class A  | 101593 | 3556771 |
| Goldman Sachs Group Inc/The  | 24674 | 19476915 |
| KKR & Co Inc Class A  | 60199 | 7123348 |
| Morgan Stanley  | 67683 | 11100012 |
| Robinhood Markets Inc Class A (a) | 192764 | 28293900 |
|  |  | 87141038 |
| Financial Services - 2.0% |  |  |
| Affirm Holdings Inc Class A (a) | 196990 | 14159641 |
| Apollo Global Management Inc  | 77614 | 9648196 |
| Block Inc Class A (a) | 42437 | 3222666 |
| Mastercard Inc Class A  | 95013 | 52446226 |
| Rocket Cos Inc Class A  | 187654 | 3126316 |
| Toast Inc Class A (a) | 142350 | 5144529 |
| Visa Inc Class A  | 48304 | 16459105 |
|  |  | 104206679 |
| Insurance - 0.0% |  |  |
| Slide Insurance Holdings Inc (a) | 96601 | 1544650 |
| TOTAL FINANCIALS |  | 192892367 |
| Health Care - 5.1% |  |  |
| Biotechnology - 1.3% |  |  |
| AbbVie Inc  | 79596 | 17355112 |
| Alnylam Pharmaceuticals Inc (a) | 36390 | 16595296 |
| Apogee Therapeutics Inc (a) | 8317 | 470658 |
| Arcellx Inc (a) | 34768 | 3137812 |
| Gilead Sciences Inc  | 248544 | 29773086 |
| Legend Biotech Corp ADR (a) | 58006 | 1879394 |
| Scholar Rock Holding Corp (a) | 18796 | 556738 |
|  |  | 69768096 |
| Health Care Equipment & Supplies - 1.0% |  |  |
| Boston Scientific Corp (a) | 394231 | 39706946 |
| Insulet Corp (a) | 24793 | 7760457 |
| Kestra Medical Technologies Ltd  | 111129 | 3042712 |
|  |  | 50510115 |
| Health Care Providers & Services - 0.5% |  |  |
| Cardinal Health Inc  | 55690 | 10623981 |
| Cencora Inc  | 20619 | 6965304 |
| McKesson Corp  | 11984 | 9723099 |
|  |  | 27312384 |
| Health Care Technology - 0.1% |  |  |
| HeartFlow Inc  | 86944 | 3230839 |
| Veeva Systems Inc Class A (a) | 12460 | 3628352 |
|  |  | 6859191 |
| Pharmaceuticals - 2.2% |  |  |
| Eli Lilly & Co  | 131264 | 113262456 |
| LENZ Therapeutics Inc (a) | 1900 | 56468 |
|  |  | 113318924 |
| TOTAL HEALTH CARE |  | 267768710 |
| Industrials - 4.6% |  |  |
| Aerospace & Defense - 1.7% |  |  |
| Axon Enterprise Inc (a) | 16575 | 12136712 |
| Boeing Co (a) | 151561 | 30466793 |
| Carpenter Technology Corp  | 30437 | 9615048 |
| GE Aerospace  | 67777 | 20939704 |
| Howmet Aerospace Inc  | 80546 | 16588449 |
|  |  | 89746706 |
| Building Products - 0.1% |  |  |
| Builders FirstSource Inc (a) | 43682 | 5074537 |
| Construction & Engineering - 0.3% |  |  |
| Comfort Systems USA Inc  | 6461 | 6238612 |
| Construction Partners Inc Class A (a) | 11994 | 1371514 |
| EMCOR Group Inc  | 2255 | 1523884 |
| Legence Corp Class A  | 47048 | 1946376 |
| Quanta Services Inc  | 6961 | 3126394 |
|  |  | 14206780 |
| Electrical Equipment - 0.5% |  |  |
| GE Vernova Inc  | 36131 | 21141694 |
| NEXTracker Inc Class A (a) | 29601 | 2996213 |
| Vertiv Holdings Co Class A  | 20900 | 4030774 |
|  |  | 28168681 |
| Ground Transportation - 0.5% |  |  |
| Lyft Inc Class A (a) | 322135 | 6590882 |
| Uber Technologies Inc (a) | 192693 | 18594875 |
|  |  | 25185757 |
| Machinery - 0.3% |  |  |
| Caterpillar Inc  | 5936 | 3426615 |
| Cummins Inc  | 16603 | 7266801 |
| RBC Bearings Inc (a) | 6484 | 2778588 |
|  |  | 13472004 |
| Passenger Airlines - 0.6% |  |  |
| Alaska Air Group Inc (a) | 132564 | 5531896 |
| Delta Air Lines 1991 Series J Pass Through Trust  | 208311 | 11952885 |
| United Airlines Holdings Inc (a) | 147036 | 13827265 |
|  |  | 31312046 |
| Trading Companies & Distributors - 0.6% |  |  |
| Ferguson Enterprises Inc  | 15742 | 3911887 |
| FTAI Aviation Ltd  | 172805 | 29877985 |
|  |  | 33789872 |
| TOTAL INDUSTRIALS |  | 240956383 |
| Information Technology - 48.9% |  |  |
| Communications Equipment - 0.3% |  |  |
| Lumentum Holdings Inc (a) | 86183 | 17371045 |
| Electronic Equipment, Instruments & Components - 0.7% |  |  |
| Amphenol Corp Class A  | 143313 | 19969234 |
| Coherent Corp (a) | 89566 | 11819129 |
| Corning Inc  | 54713 | 4873834 |
|  |  | 36662197 |
| IT Services - 1.6% |  |  |
| Cloudflare Inc Class A (a) | 34552 | 8752022 |
| CoreWeave Inc Class A (a) | 221406 | 29604196 |
| MongoDB Inc Class A (a) | 15594 | 5611033 |
| Snowflake Inc (a) | 96251 | 26457475 |
| Twilio Inc Class A (a) | 119316 | 16093342 |
|  |  | 86518068 |
| Semiconductors & Semiconductor Equipment - 24.5% |  |  |
| Advanced Micro Devices Inc (a) | 97183 | 24890510 |
| Astera Labs Inc (a) | 182528 | 34074327 |
| Broadcom Inc  | 478540 | 176882741 |
| First Solar Inc (a) | 23127 | 6173521 |
| GlobalFoundries Inc (a) | 89240 | 3176944 |
| Impinj Inc (a) | 11270 | 2278343 |
| Lam Research Corp  | 13412 | 2111854 |
| Marvell Technology Inc  | 1057829 | 99160890 |
| Micron Technology Inc  | 64117 | 14347461 |
| Monolithic Power Systems Inc  | 37220 | 37406100 |
| NVIDIA Corp  | 4375332 | 885960978 |
|  |  | 1286463669 |
| Software - 11.7% |  |  |
| AppLovin Corp Class A (a) | 143110 | 91208296 |
| BitMine Immersion Technologies Inc (a) | 73565 | 3431807 |
| Crowdstrike Holdings Inc Class A (a) | 13323 | 7234522 |
| Figma Inc Class A (b) | 72970 | 3636825 |
| Microsoft Corp  | 762073 | 394609020 |
| Netskope Inc Class A (a) | 15389 | 363796 |
| Oracle Corp  | 207000 | 54360270 |
| Palantir Technologies Inc Class A (a) | 136774 | 27419084 |
| Salesforce Inc  | 24366 | 6345150 |
| Servicenow Inc (a) | 21820 | 20058690 |
| Unity Software Inc (a) | 111086 | 4210159 |
| Via Transportation Inc (a) | 8291 | 442988 |
| Zoom Communications Inc Class A (a) | 18773 | 1637569 |
|  |  | 614958176 |
| Technology Hardware, Storage & Peripherals - 10.1% |  |  |
| Apple Inc  | 1889867 | 510963341 |
| Sandisk Corp/DE  | 25449 | 5072749 |
| Western Digital Corp  | 91102 | 13684431 |
|  |  | 529720521 |
| TOTAL INFORMATION TECHNOLOGY |  | 2571693676 |
| Materials - 0.4% |  |  |
| Chemicals - 0.1% |  |  |
| Sherwin-Williams Co/The  | 13558 | 4676696 |
| Construction Materials - 0.3% |  |  |
| CRH PLC  | 28975 | 3450922 |
| Martin Marietta Materials Inc  | 9485 | 5815254 |
| Vulcan Materials Co  | 21265 | 6156218 |
|  |  | 15422394 |
| TOTAL MATERIALS |  | 20099090 |
| Real Estate - 0.6% |  |  |
| Health Care REITs - 0.4% |  |  |
| Welltower Inc  | 126452 | 22892870 |
| Real Estate Management & Development - 0.2% |  |  |
| Compass Inc Class A (a) | 441274 | 3402222 |
| Zillow Group Inc Class C (a) | 75259 | 5642920 |
|  |  | 9045142 |
| TOTAL REAL ESTATE |  | 31938012 |
| Utilities - 0.4% |  |  |
| Electric Utilities - 0.3% |  |  |
| Constellation Energy Corp  | 12863 | 4849351 |
| Entergy Corp  | 55655 | 5347889 |
| NRG Energy Inc  | 34149 | 5868847 |
|  |  | 16066087 |
| Independent Power and Renewable Electricity Producers - 0.1% |  |  |
| Vistra Corp  | 29783 | 5608139 |
| TOTAL UTILITIES |  | 21674226 |
| TOTAL UNITED STATES |  | 5030392274 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $3,665,274,677) |  | <br> **5251364984** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.9%**<br> (Cost $3,665,274,677)<br>| <br>**5251364984** |
| **NET OTHER ASSETS (LIABILITIES) - 0.1%**  | **6790061** |
| **NET ASSETS - 100.0%** | **5258155045** |

---

**Legend**

(a) Non-income producing.

(b) Security or a portion of the security is on loan at period end.

At period end, the value of non-cash collateral for securities on loan amounted to $2,127,179.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## 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 Blue Chip Growth ETF

- **b. EDGAR series identifier (if any):** S000068173

- **c. LEI of Series:** 549300AHJJQ3T6VZL222

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $5261952417.05

**Total Liabilities:** $2401654.48

**Net Assets:** $5259550762.57

**Cash Not Reported:** $10369901.53

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218329 | 1.03%                | 5.28%                | 3.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26507804.60             | $19264945.17                               |
| Month 2  | $-10097205.71            | $257479514.84                              |
| Month 3  | $12865355.53             | $175048818.20                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED AIRLINES HOLDINGS INC       | UNITED AIRLINES HOLDINGS INC       | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |    147075 | NS      | $13830933.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC       | SOMNIGROUP INTERNATIONAL INC       | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     78119 | NS      | $6197961.46   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY INC                       | TAPESTRY INC                       | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     31193 | NS      | $3425615.26   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC               | BLUE OWL CAPITAL INC A             | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    507862 | NS      | $8008983.74   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CELSIUS HOLDINGS INC               | CELSIUS HOLDINGS INC               | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110024 | NS      | $6626745.52   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SHARKNINJA INC                     | SHARKNINJA INC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    341890 | NS      | $29231595.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| COHERENT CORP                      | COHERENT CORP                      | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     89590 | NS      | $11822296.40  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP              | COSTCO WHOLESALE CORP              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     10687 | NS      | $9740666.15   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE INC                     | CLOUDFLARE INC                     | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     34562 | NS      | $8754554.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VIA TRANSPORTATION INC             | VIA TRANSPORTATION INC             | CUSIP: 92556W104<br>LEI: 5493008VI9XI9EV3A861 | Long             | EC               | CORP              | US        |      8291 | NS      | $442988.13    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALASKA AIR GROUP INC               | ALASKA AIR GROUP INC               | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    132600 | NS      | $5533398.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGMA INC                          | FIGMA INC-CL A                     | CUSIP: 316841105<br>LEI: 254900273Q0J4Z65HU28 | Long             | EC               | CORP              | US        |     72988 | NS      | $3637721.92   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| LEGENCE CORP                       | LEGENCE CORP A                     | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47059 | NS      | $1946830.83   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CARPENTER TECHNOLOGY CORP          | CARPENTER TECHNOLOGY CORP          | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     30445 | NS      | $9617575.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR and CO INC                     | KKR and CO INC                     | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     60215 | NS      | $7125240.95   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                         | ABBVIE INC                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     79617 | NS      | $17359690.68  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                     | GE VERNOVA INC                     | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     36141 | NS      | $21147544.74  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                          | APPLE INC                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1889382 | NS      | $510832211.34 | 9.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP NEW                   | ENTERGY CORP                       | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     55669 | NS      | $5349234.21   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC            | LULULEMON ATHLETICA INC            | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     55608 | NS      | $9483388.32   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC         | ADVANCED MICRO DEVICES INC         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     97207 | NS      | $24896656.84  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                     | AMAZON.COM INC                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1711658 | NS      | $418021116.76 | 7.95%             |  |  |  | No            |                  1 | On Loan: No      |
| LENZ THERAPEUTICS INC              | LENZ THERAPEUTICS INC              | CUSIP: 52635N103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1900 | NS      | $56468.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                       | STRYKER CORP                       | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |        16 | NS      | $5699.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION NEW           | AMPHENOL CORPORATION CL A          | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    141955 | NS      | $19780009.70  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BRINKER INTERNATIONAL INC          | BRINKER INTERNATIONAL INC          | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |     65721 | NS      | $7141243.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                     | MICROSOFT CORP                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    761881 | NS      | $394509600.61 | 7.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                      | WELLTOWER INC                      | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |    126486 | NS      | $22899025.44  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                     | SERVICENOW INC                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     21826 | NS      | $20064205.28  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC              | ROBINHOOD MARKETS INC              | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    192817 | NS      | $28301679.26  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                  | LAM RESEARCH CORP                  | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     13415 | NS      | $2112325.90   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ON HOLDING AG                      | ON HOLDING AG                      | CUSIP: N/A<br>LEI: 506700FB3467B9W95526       | Long             | EC               | CORP              | CH        |    195110 | NS      | $7248336.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AXON ENTERPRISE INC                | AXON ENTERPRISE INC                | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     16580 | NS      | $12140373.40  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFIRM HOLDINGS INC                | AFFIRM HOLDINGS INC                | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197043 | NS      | $14163450.84  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMENTUM HOLDINGS INC              | LUMENTUM HOLDINGS INC              | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |     86206 | NS      | $17375681.36  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVIAN AUTOMOTIVE INC              | RIVIAN AUTOMOTIVE INC              | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |       496 | NS      | $6730.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                           | VISA INC CL A                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     48317 | NS      | $16463534.58  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SVCS INC                    | QUANTA SVCS INC                    | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      6963 | NS      | $3127292.19   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSKOPE INC                       | NETSKOPE INC A                     | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |     15394 | NS      | $363914.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)      | GOLDMAN SACHS GROUP INC            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     24681 | NS      | $19482440.97  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CINEMARK HOLDINGS INC              | CINEMARK HOLDINGS INC              | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |       216 | NS      | $5834.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM BRANDS INC                     | YUM BRANDS INC                     | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     34132 | NS      | $4717383.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ELF BEAUTY INC                     | ELF BEAUTY INC                     | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     41187 | NS      | $5030580.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EAGLE OUTFITTERS INC      | AMERICAN EAGLE OUTFITTERS INC      | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    193266 | NS      | $3229474.86   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                 | META PLATFORMS INC CL A            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    351095 | NS      | $227632443.25 | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC      | APOLLO GLOBAL MANAGEMENT INC       | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     77635 | NS      | $9650806.85   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPINJ INC                         | IMPINJ INC                         | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     11273 | NS      | $2278949.68   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO                         | CARVANA CO CL A                    | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     70591 | NS      | $21638965.14  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP                | SCHWAB CHARLES CORP                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       144 | NS      | $13610.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KESTRA MEDICAL TECHNOLOGIES INC    | KESTRA MEDICAL TECHNOLOGIES INC    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    111155 | NS      | $3043423.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BITMINE IMMERSION TECHNOLOGIES INC | BITMINE IMMERSION TECHNOLOGIES INC | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |     73585 | NS      | $3432740.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC          | PALANTIR TECHNOLOGIES INC          | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    135814 | NS      | $27226632.58  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUTTER ENTERTAINMENT PLC          | FLUTTER ENTERTAINMENT PLC          | CUSIP: N/A<br>LEI: 635400EG4YIJLJMZJ782       | Long             | EC               | CORP              | IE        |     43535 | NS      | $10125805.65  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LYFT INC                           | LYFT INC                           | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    322223 | NS      | $6592682.58   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC           | CROWDSTRIKE HOLDINGS INC           | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     13327 | NS      | $7236694.27   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC       | BRITISH AMERICAN TOB PLC ADR       | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     86677 | NS      | $4436995.63   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NU HOLDINGS LTD/CAYMAN ISLANDS     | NU HOLDINGS LTD/CAYMAN ISLANDS     | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | KY        |    230495 | NS      | $3713274.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA INC            | COMFORT SYSTEMS USA INC            | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      6463 | NS      | $6240543.54   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY SOFTWARE INC                 | UNITY SOFTWARE INC                 | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |    111118 | NS      | $4211372.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VF CORPORATION                     | VF CORP                            | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |    215855 | NS      | $3030604.20   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD        | ROYAL CARIBBEAN CRUISES LTD        | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | LR        |     14501 | NS      | $4159321.83   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV              | NXP SEMICONDUCTORS NV              | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     52120 | NS      | $10899334.40  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP               | WESTERN DIGITAL CORP               | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     91126 | NS      | $13688036.46  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                      | LOWES COS INC                      | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    105970 | NS      | $25234636.10  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHOLAR ROCK HOLDING CORP          | SCHOLAR ROCK HOLDING CORP          | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |     18798 | NS      | $556796.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO                 | VERTIV HOLDINGS CO                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     20906 | NS      | $4031931.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPRI HOLDINGS LTD                 | CAPRI HOLDINGS LTD                 | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | VG        |    467484 | NS      | $9700293.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD          | ALIBABA GROUP HOLDING LTD SPON ADR | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     19888 | NS      | $3389511.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER BROS DISCOVERY INC          | WARNER BROS DISCOVERY INC          | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    213182 | NS      | $4785935.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                        | ORACLE CORP                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    207056 | NS      | $54374976.16  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| REALREAL (THE)                     | REALREAL INC                       | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |      4200 | NS      | $51282.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TREX CO INC                        | TREX CO INC                        | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        64 | NS      | $3092.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS CO                | VULCAN MATERIALS CO                | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     21270 | NS      | $6157665.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DR HORTON INC                      | DR HORTON INC                      | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     17061 | NS      | $2543453.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC       | MONOLITHIC POWER SYS INC           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     37230 | NS      | $37416150.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS INC                        | COMPASS INC                        | CUSIP: 20464U100<br>LEI: 254900DMGQSTC3I2IM78 | Long             | EC               | CORP              | US        |    441393 | NS      | $3403140.03   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTERA LABS INC                    | ASTERA LABS INC                    | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |    182577 | NS      | $34083474.36  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                     | HOME DEPOT INC                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     18890 | NS      | $7170455.10   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                      | HDFC BANK LTD SPON ADR             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |       280 | NS      | $10141.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                 | RH                                 | CUSIP: 74967X103<br>LEI: 549300H9H1H3OC7C3H47 | Long             | EC               | CORP              | US        |     75129 | NS      | $12959001.21  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MAKEMYTRIP LIMITED                 | MAKEMYTRIP LIMITED                 | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | MU        |     40848 | NS      | $3267840.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                     | NRG ENERGY INC                     | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     33061 | NS      | $5681863.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HESAI GROUP                        | HESAI GROUP ADR                    | CUSIP: 428050108<br>LEI: 836800KOYHURQT1JZY11 | Long             | EC               | CORP              | KY        |    122191 | NS      | $2899592.43   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD HOLDINGS INC                   | PDD HOLDINGS INC ADR               | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     20967 | NS      | $2827819.29   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                     | STARBUCKS CORP                     | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    319452 | NS      | $25834083.24  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC                  | TJX COMPANIES INC NEW              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    143408 | NS      | $20097197.12  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                        | CUMMINS INC                        | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     16607 | NS      | $7268551.76   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVA GROUP INC                     | CAVA GROUP INC                     | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       124 | NS      | $6662.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP                      | APPLOVIN CORP                      | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    143149 | NS      | $91233152.17  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                          | TESLA INC                          | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    204277 | NS      | $93264707.12  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC BEARINGS INC                   | RBC BEARINGS INC                   | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6485 | NS      | $2779017.05   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP                        | TARGET CORP                        | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     45783 | NS      | $4244999.76   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC                      | SNOWFLAKE INC                      | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     96277 | NS      | $26464621.76  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC             | MARVELL TECHNOLOGY INC             | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1058096 | NS      | $99185919.04  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA              | SPOTIFY TECHNOLOGY SA              | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |     21926 | NS      | $14368546.32  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLEGRO MICROSYSTEMS INC           | ALLEGRO MICROSYSTEMS INC           | CUSIP: 01749D105<br>LEI: 54930004TGPV6DR3LE12 | Long             | EC               | CORP              | US        |     78394 | NS      | $2345548.48   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROS INC                      | TOLL BROTHERS INC                  | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     23252 | NS      | $3137857.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                        | WALMART INC                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    160493 | NS      | $16238681.74  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVE BELOW INC                     | FIVE BELOW INC                     | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |     45805 | NS      | $7203752.35   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SPORTRADAR HOLDING AG              | SPORTRADAR GROUP AG                | CUSIP: N/A<br>LEI: 39120099GMDR0HYDS163       | Long             | EC               | CORP              | CH        |       144 | NS      | $3687.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                           | NIKE INC CL B                      | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    179479 | NS      | $11592548.61  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KONTOOR BRANDS INC                 | KONTOOR BRANDS INC                 | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     18141 | NS      | $1467969.72   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOOR and DECOR HOLDINGS INC       | FLOOR and DECOR HOLDINGS INC       | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     21010 | NS      | $1312704.80   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO NEVADA CORP                 | FRANCO-NEVADA CORP                 | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     24668 | NS      | $4603788.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GALAXY DIGITAL INC                 | GALAXY DIGITAL INC A               | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |    101615 | NS      | $3557541.15   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PULTE GROUP INC                    | PULTEGROUP INC                     | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19882 | NS      | $2383255.34   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WERIDE INC                         | WERIDE INC ADR                     | CUSIP: 950915108<br>LEI: 254900R1B7IWBCPDQ262 | Long             | EC               | CORP              | KY        |    306108 | NS      | $3266172.36   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP             | BOSTON SCIENTIFIC CORP             | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    394337 | NS      | $39717622.64  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PELOTON INTERACTIVE INC            | PELOTON INTERACTIVE INC CL A       | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |    939692 | NS      | $6822163.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY and CO                   | ELI LILLY and CO                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    131300 | NS      | $113293518.00 | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST INC                          | TOAST INC                          | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    142386 | NS      | $5145830.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PONY AI INC                        | PONY AI INC ADR                    | CUSIP: 732908108<br>LEI: 9845006P7613D2A61368 | Long             | EC               | CORP              | KY        |    210058 | NS      | $3923883.44   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STRUCTURE THERAPEUTICS INC         | STRUCTURE THERAPEUTICS INC ADR     | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |        24 | NS      | $799.68       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABERCROMBIE and FITCH CO           | ABERCROMBIE and FITCH CO CL A      | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     65756 | NS      | $4770597.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                    | EMCOR GROUP INC                    | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2256 | NS      | $1524559.68   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                       | GE AEROSPACE                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     67796 | NS      | $20945574.20  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                       | BROADCOM INC                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    478660 | NS      | $176927095.80 | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP       | WHEATON PRECIOUS METALS CORP       | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     51263 | NS      | $4947904.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                    | CATERPILLAR INC                    | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      5938 | NS      | $3427769.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTRUCTION PARTNERS INC          | CONSTRUCTION PARTNERS INC CL A     | CUSIP: 21044C107<br>LEI: 549300G4ICXJKQN32X70 | Long             | EC               | CORP              | US        |     11997 | NS      | $1371856.95   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTV SOFTWR INC      | TAKE-TWO INTERACTV SOFTWR INC      | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     35728 | NS      | $9159587.36   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MONGODB INC                        | MONGODB INC CL A                   | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |     15598 | NS      | $5612472.36   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| COINBASE GLOBAL INC                | COINBASE GLOBAL INC                | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      9525 | NS      | $3274504.50   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN WILLIAMS CO                | SHERWIN WILLIAMS CO                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     13562 | NS      | $4678076.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                            | CRH PLC                            | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     28983 | NS      | $3451875.30   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP               | ARES MANAGEMENT CORP CL A          | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     42439 | NS      | $6311103.69   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES INC                | GLOBALFOUNDRIES INC                | CUSIP: N/A<br>LEI: 549300BA76VK784VMX48       | Long             | EC               | CORP              | KY        |     89256 | NS      | $3177513.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DUTCH BROS INC                     | DUTCH BROS INC                     | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48101 | NS      | $2671529.54   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BURLINGTON STORES INC              | BURLINGTON STORES INC              | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      9014 | NS      | $2466140.26   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CELESTICA INC                      | CELESTICA INC                      | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |    121588 | NS      | $41884634.24  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                     | SALESFORCE INC                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     24372 | NS      | $6346712.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENDIS PHARMA A/S                | ASCENDIS PHARMA AS SPON ADR        | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      1774 | NS      | $357638.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP INC                           | SNAP INC - A                       | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |   3135030 | NS      | $24453234.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                      | MCKESSON CORP                      | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     11987 | NS      | $9725532.58   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGEND BIOTECH CORP                | LEGEND BIOTECH CORP SPON ADR       | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | KY        |     58006 | NS      | $1879394.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH and BODY WORKS INC            | BATH and BODY WORKS INC            | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    249300 | NS      | $6102864.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH INC                       | DOORDASH INC                       | CUSIP: 25809K105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49805 | NS      | $12668897.85  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                       | STRATEGY INC CL A                  | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |        24 | NS      | $6468.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                          | BLOCK INC CL A                     | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     42448 | NS      | $3223501.12   | 0.06%             |  |  |  | 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        |    184684 | NS      | $55484614.12  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                      | CARNIVAL CORP                      | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |    117956 | NS      | $3400671.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESHPET INC                       | FRESHPET INC                       | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     68541 | NS      | $3372902.61   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP/DE                    | SANDISK CORPORATION                | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25449 | NS      | $5072749.17   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AVIATION LTD                  | FTAI AVIATION LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    172852 | NS      | $29886110.80  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN OUTFITTERS                   | URBAN OUTFITTERS                   | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     38702 | NS      | $2500536.22   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DRAFTKINGS INC                     | DRAFTKINGS HOLDINGS INC            | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    346488 | NS      | $10599067.92  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MNTN INC                           | MNTN INC                           | CUSIP: 55318A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93704 | NS      | $1553612.32   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BIRKENSTOCK HOLDING LTD            | BIRKENSTOCK HOLDING LTD            | CUSIP: N/A<br>LEI: 529900CQ8LQKQ7LIT631       | Long             | EC               | CORP              | JE        |        76 | NS      | $3033.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WARBY PARKER INC                   | WARBY PARKER INC                   | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179582 | NS      | $3518011.38   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTRACKER INC                     | NEXTRACKER INC CL A                | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29609 | NS      | $2997022.98   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP          | CONSTELLATION ENERGY CORP          | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12867 | NS      | $4850859.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN MARIETTA MATERIALS INC      | MARTIN MARIETTA MATERIALS INC      | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      9487 | NS      | $5816479.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET COMPANIES INC               | ROCKET COS INC                     | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    187707 | NS      | $3127198.62   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCELLX INC                        | ARCELLX INC                        | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34777 | NS      | $3138624.25   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SLIDE INSURANCE HOLDINGS INC       | SLIDE INSURANCE HOLDINGS INC       | CUSIP: 831349105<br>LEI: 2549004LDWZTPC69SX47 | Long             | EC               | CORP              | US        |     96625 | NS      | $1545033.75   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                          | BOEING CO                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    151602 | NS      | $30475034.04  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ARITZIA INC                        | ARITZIA INC                        | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |    233601 | NS      | $16317343.39  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                        | SHOPIFY INC CL A                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    135436 | NS      | $23548125.17  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC           | BUILDERS FIRSTSOURCE               | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     43694 | NS      | $5075931.98   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC               | HOWMET AEROSPACE INC               | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     80568 | NS      | $16592979.60  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                        | NETFLIX INC                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    122702 | NS      | $137286359.72 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC        | ALNYLAM PHARMACEUTICALS INC        | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     36400 | NS      | $16599856.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                         | TWILIO INC CLASS A                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    119347 | NS      | $16097523.36  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORPORATION                    | INTL BUS MACH CORP                 | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |        20 | NS      | $6148.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                     | MORGAN STANLEY                     | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     67701 | NS      | $11102964.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INC                        | CORNING INC                        | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     54727 | NS      | $4875081.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC              | MICRON TECHNOLOGY INC              | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     64133 | NS      | $14351041.41  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC         | CHIPOTLE MEXICAN GRILL INC         | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    239893 | NS      | $7602209.17   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP                        | ROBLOX CORP                        | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    317317 | NS      | $36085289.24  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                        | NVIDIA CORP                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   4376431 | NS      | $886183513.19 | 16.85%            |  |  |  | No            |                  1 | On Loan: No      |
| VICTORIA'S SECRET and CO           | VICTORIA'S SECRET and CO           | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    141106 | NS      | $4973986.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYS INC                      | VEEVA SYS INC CL A                 | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     12464 | NS      | $3629516.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                     | MASTERCARD INC CL A                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     95039 | NS      | $52460577.61  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES INC                | DELTA AIR INC                      | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    208366 | NS      | $11956041.08  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS INC            | ZOOM COMMUNICATIONS INC CL A       | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     18778 | NS      | $1638004.94   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC                | CARDINAL HEALTH INC                | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     55706 | NS      | $10627033.62  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYFAIR INC                        | WAYFAIR INC                        | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |      9034 | NS      | $935109.34    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DECKERS OUTDOOR CORP               | DECKERS OUTDOOR CORP               | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |    151004 | NS      | $12306826.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                    | FIRST SOLAR INC                    | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     23133 | NS      | $6175123.02   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| COREWEAVE INC                      | COREWEAVE INC                      | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |    221466 | NS      | $29612218.86  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT INC                         | REDDIT INC A                       | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |    107405 | NS      | $22442274.75  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ZILLOW GROUP INC                   | ZILLOW GROUP INC CL C              | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |     75279 | NS      | $5644419.42   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HEARTFLOW INC                      | HEARTFLOW INC                      | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86964 | NS      | $3231582.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AMER SPORTS INC                    | AMER SPORTS INC                    | CUSIP: N/A<br>LEI: 391200YCSWTRD1J21867       | Long             | EC               | CORP              | KY        |    353215 | NS      | $11030904.45  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                | GILEAD SCIENCES INC                | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    248610 | NS      | $29780991.90  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMECO CORP                        | CAMECO CORP                        | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     44125 | NS      | $4509555.81   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| APOGEE THERAPEUTICS INC            | APOGEE THERAPEUTICS INC            | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8318 | NS      | $470715.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                        | CENCORA INC                        | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     20625 | NS      | $6967331.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORP                       | INSULET CORP                       | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     24799 | NS      | $7762334.99   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                        | VISTRA CORP                        | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     29792 | NS      | $5609833.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODYS CORP                        | MOODYS CORP                        | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |        28 | NS      | $13448.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO                | AMERICAN EXPRESS CO                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |        20 | NS      | $7214.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                       | ALPHABET INC CL A                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1224885 | NS      | $344425413.15 | 6.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC              | UBER TECHNOLOGIES INC              | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    192745 | NS      | $18599892.50  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC           | FERGUSON ENTERPRISES INC           | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     15746 | NS      | $3912881.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer