NPORT-P false 0000945908 XXXXXXXX S000054751 C000171932 Fidelity Covington Trust 811-07319 0000945908 549300JFYFTF85QAQR28 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Low Volatility Factor ETF S000054751 549300SJIYJWE5X2BI06 2026-07-31 2026-04-30 N 1425383642.27 28145051.92 1397238590.35 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UST DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 26441C204 35485.00000000 NS USD 4597081.75000000 0.329011936955 Long EC CORP US N 1 N N EQUINIX INC 549300EVUN2BTLJ3GT74 29444U700 4274.00000000 NS USD 4628015.42000000 0.331225851616 Long EC CORP US N 1 N N N WASTE MANAGEMENT INC DEL 549300YX8JIID70NFS41 94106L109 32132.00000000 NS USD 7472296.60000000 0.534790310803 Long EC CORP US N 1 N N N OMNICOM GROUP INC HKUPACFHSSASQK8HLS17 681919106 133472.00000000 NS USD 10239971.84000000 0.732872102926 Long EC CORP US N 1 N N N PROCTER and GAMBLE CO 2572IBTT8CCZW6AU4141 742718109 67527.00000000 NS USD 9932546.43000000 0.710869746842 Long EC CORP US N 1 N N N XCEL ENERGY INC LGJNMI9GH8XIDG5RCM61 98389B100 42793.00000000 NS USD 3549679.35000000 0.254049621483 Long EC CORP US N 1 N N N UST BILLS 254900HROIFWPRGM1V77 912797QN0 172000.00000000 PA USD 171777.49000000 0.012294069973 Long DBT UST US N 2 2026-05-14 Fixed 0.00000000 N N N N N N AT and T INC 549300Z40J86GGSTL398 00206R102 474286.00000000 NS USD 12393093.18000000 0.886970433367 Long EC CORP US N 1 N N N AMGEN INC 62QBXGPJ34PQ72Z12S66 031162100 28564.00000000 NS USD 9890285.00000000 0.707845107364 Long EC CORP US N 1 N N N ABBVIE INC FR5LCKFTG8054YNNRU85 00287Y109 66678.00000000 NS USD 14090394.96000000 1.008445877269 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 037833100 373836.00000000 NS USD 101440398.60000000 7.260062762408 Long EC CORP US N 1 N N N ANALOG DEVICES INC GYVOE5EZ4GDAVTU4CQ61 032654105 58555.00000000 NS USD 23554334.30000000 1.685777537399 Long EC CORP US N 1 N N N T-MOBILE US INC 549300QHIJYOHPACPG31 872590104 53735.00000000 NS USD 10505192.50000000 0.751853876106 Long EC CORP US N 1 N N N ROYAL GOLD INC 5493001NGRU6SFL04184 780287108 9738.00000000 NS USD 2272654.44000000 0.162653283103 Long EC CORP US N 1 N N N AMAZON.COM INC ZXTILKJKG63JELOEG630 023135106 238648.00000000 NS USD 63256038.88000000 4.527218137036 Long EC CORP US N 1 N N N CONOCOPHILLIPS INC WPTL2Z3FIYTHSP5V2253 20825C104 46195.00000000 NS USD 5810407.10000000 0.415849314507 Long EC CORP US N 1 N N N AMPHENOL CORPORATION NEW 549300D3L3G0R4U4VT04 032095101 144571.00000000 NS USD 21290971.17000000 1.523789230919 Long EC CORP US N 1 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 842587107 49071.00000000 NS USD 4745165.70000000 0.339610266476 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918104 197178.00000000 NS USD 80405244.84000000 5.754582316528 Long EC CORP US N 1 N N N WELLTOWER INC 254900F33BIAR82QTA19 95040Q104 24135.00000000 NS USD 5245500.90000000 0.375419125711 Long EC CORP US N 1 N N N PROGRESSIVE CORP OHIO 529900TACNVLY9DCR586 743315103 41068.00000000 NS USD 8266167.04000000 0.591607410294 Long EC CORP US N 1 N N N ACCENTURE PLC 5493000EWHDSR3MZWH98 N/A 76947.00000000 NS USD 13751198.37000000 0.984169666152 Long EC CORP IE N 1 N N N VISA INC 549300JZ4OKEHW3DPJ59 92826C839 54065.00000000 NS USD 17832799.60000000 1.276288797286 Long EC CORP US N 1 N N N AUTOZONE INC GA3JGKJ41LJKXDN23E90 053332102 2189.00000000 NS USD 8108121.67000000 0.580296144552 Long EC CORP US N 1 N N N YUM BRANDS INC 549300JE8XHZZ7OHN517 988498101 48489.00000000 NS USD 7741268.85000000 0.554040584297 Long EC CORP US N 1 N N N KIMBERLY-CLARK CORP MP3J6QPYPGN75NVW2S34 494368103 33297.00000000 NS USD 3277423.71000000 0.234564356627 Long EC CORP US N 1 N N N AFLAC INC 549300N0B7DOGLXWPP39 001055102 61598.00000000 NS USD 7001844.66000000 0.501120188660 Long EC CORP US N 1 N N CME GROUP INC LCZ7XYGSLJUHFXXNXD88 12572Q105 27599.00000000 NS USD 7943544.18000000 0.568517376692 Long EC CORP US N 1 N N N CHUBB LTD E0JAN6VLUDI1HITHT809 N/A 25625.00000000 NS USD 8379375.00000000 0.599709674344 Long EC CORP CH N 1 N N N HONEYWELL INTERNATIONAL INC ISRPG12PN4EIEOEMW547 438516106 36912.00000000 NS USD 7911348.96000000 0.566213173228 Long EC CORP US N 1 N N N DEERE and CO PWFTNG3EI0Y73OXWDH08 244199105 15057.00000000 NS USD 8881672.59000000 0.635658981317 Long EC CORP US N 1 N N N AMERICAN ELECTRIC POWER CO INC 1B4S6S7G0TW5EE83BO58 025537101 30615.00000000 NS USD 4197622.65000000 0.300422753779 Long EC CORP US N 1 N N N FTI CONSULTING INC 549300K17GM8EQD0FQ48 302941109 32044.00000000 NS USD 5745489.20000000 0.411203157404 Long EC CORP US N 1 N N N MEDTRONIC PLC 549300GX3ZBSQWUXY261 N/A 88630.00000000 NS USD 7176371.10000000 0.513611000266 Long EC CORP IE N 1 N N N GENERAL DYNAMICS CORP 9C1X8XOOTYY2FNYTVH06 369550108 20935.00000000 NS USD 7207920.50000000 0.515868982561 Long EC CORP US N 1 N N N MERCK and CO INC 4YV9Y5M8S0BRK1RP0397 58933Y105 105963.00000000 NS USD 11569040.34000000 0.827993187412 Long EC CORP US N 1 N N N CIGNA GROUP (THE) 549300VIWYMSIGT1U456 125523100 28623.00000000 NS USD 8317271.34000000 0.595264931661 Long EC CORP US N 1 N N N GENERAL MILLS INC 2TGYMUGI08PO8X8L6150 370334104 67125.00000000 NS USD 2370183.75000000 0.169633430279 Long EC CORP US N 1 N N N LOWES COS INC WAFCR4OKGSC504WU3E95 548661107 36666.00000000 NS USD 8755474.14000000 0.626626991300 Long EC CORP US N 1 N N N AUTOMATIC DATA PROCESSING INC HGBOLILQXWER4SAL2I23 053015103 32013.00000000 NS USD 6784835.22000000 0.485588879870 Long EC CORP US N 1 N N N AMCOR PLC 549300GSODGFCDQ3DI89 N/A 53732.00000000 NS USD 2043965.28000000 0.146286059812 Long EC CORP JE N 1 N N AIR PRODUCTS and CHEMICALS INC 7QEON6Y1RL5XR3R1W237 009158106 12213.00000000 NS USD 3664510.65000000 0.262268067551 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 907818108 34676.00000000 NS USD 9344488.48000000 0.668782593362 Long EC CORP US N 1 N N N HARTFORD INSURANCE GROUP INC/THE IU7C3FTM7Y3BQM112U94 416515104 47492.00000000 NS USD 6497380.52000000 0.465015822270 Long EC CORP US N 1 N N N HOME DEPOT INC QEKMOTMBBKA8I816DO57 437076102 38953.00000000 NS USD 12807746.40000000 0.916647055732 Long EC CORP US N 1 N N N FASTENAL CO 529900PP0C7H2HHPSJ32 311900104 137991.00000000 NS USD 6199935.63000000 0.443727769388 Long EC CORP US N 1 N N N RTX CORP I07WOS4YJ0N7YRFE7309 75513E101 56674.00000000 NS USD 9978591.18000000 0.714165157541 Long EC CORP US N 1 N N N COLGATE-PALMOLIVE CO YMEGZFW4SBUSS5BQXF88 194162103 45956.00000000 NS USD 3922804.16000000 0.280754066420 Long EC CORP US N 1 N N N CONSOLIDATED EDISON INC 54930033SBW53OO8T749 209115104 28895.00000000 NS USD 3221503.55000000 0.230562165420 Long EC CORP US N 1 N N N TJX COMPANIES INC V167QI9I69W364E2DY52 872540109 68026.00000000 NS USD 10663075.50000000 0.763153521069 Long EC CORP US N 1 N N N MARSH and MCLENNAN COS INC 549300XMP3KDCKJXIU47 571748102 41349.00000000 NS USD 6934640.79000000 0.496310425284 Long EC CORP US N 1 N N N CORTEVA INC 549300WZN9I2QKLS0O94 22052L104 42859.00000000 NS USD 3472007.59000000 0.248490673960 Long EC CORP US N 1 N N N VICI PPTYS INC 254900RKH6RY9KCJQH63 925652109 83129.00000000 NS USD 2427366.80000000 0.173726006192 Long EC CORP US N 1 N N N AMEREN CORP XRZQ5S7HYJFPHJ78L959 023608102 27688.00000000 NS USD 3146741.20000000 0.225211443609 Long EC CORP US N 1 N N N ELEVANCE HEALTH INC 8MYN82XMYQH89CTMTH67 036752103 23028.00000000 NS USD 8668199.76000000 0.620380786779 Long EC CORP US N 1 N N N WALMART INC Y87794H0US1R65VBXU25 931142103 115532.00000000 NS USD 15242136.76000000 1.090875736275 Long EC CORP US N 1 N N N EQUITY RESIDENTIAL 5493008RACSH5EP3PI59 29476L107 34953.00000000 NS USD 2285227.14000000 0.163553107950 Long EC CORP US N 1 N N N CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 N/A 66.00000000 NC USD 173154.42000000 0.012392616493 N/A DE CORP US N 1 CHICAGO MERCANTILE EXCH INC SNZ2OJLFK8MNNCLQOF39 Long S and P 500 INDX 783786106 2026-06-18 2217283.08000000 USD 173154.42000000 N N N CINTAS CORP N/A 172908105 35747.00000000 NS USD 6245358.37000000 0.446978662995 Long EC CORP US N 1 N N N MONDELEZ INTERNATIONAL INC 549300DV9GIB88LZ5P30 609207105 73218.00000000 NS USD 4498513.92000000 0.321957463175 Long EC CORP US N 1 N N N GALLAGHER (ARTHUR J.) and CO 54930049QLLMPART6V29 363576109 28952.00000000 NS USD 5975692.80000000 0.427678768770 Long EC CORP US N 1 N N N OREILLY AUTOMOTIVE INC 549300K2RLMQL149Q332 67103H107 88294.00000000 NS USD 8776423.60000000 0.628126338666 Long EC CORP US N 1 N N N ROPER TECHNOLOGIES INC 549300LJXD867XMVE759 776696106 45036.00000000 NS USD 15979223.16000000 1.143628816893 Long EC CORP US N 1 N N N BERKLEY WR CORP SQOAGCLKBDWNVYV1OV80 084423102 89723.00000000 NS USD 5996188.09000000 0.429145611308 Long EC CORP US N 1 N N N L3HARRIS TECHNOLOGIES INC 549300UTE50ZMDBG8A20 502431109 20160.00000000 NS USD 6462288.00000000 0.462504259804 Long EC CORP US N 1 N N N ELI LILLY and CO FRDRIPF3EKNDJ2CQJL29 532457108 22711.00000000 NS USD 21225700.60000000 1.519117833317 Long EC CORP US N 1 N N N APTARGROUP INC VNPEQDQFAA7IY1T2PX43 038336103 17869.00000000 NS USD 2210037.92000000 0.158171835165 Long EC CORP US N 1 N N TRANSDIGM GROUP INC N/A 893641100 5536.00000000 NS USD 6421649.28000000 0.459595757256 Long EC CORP US N 1 N N N COCA COLA CO UWJKFUJFZ02DKWI3RY53 191216100 118281.00000000 NS USD 9315811.56000000 0.666730193707 Long EC CORP US N 1 N N N HERSHEY CO 21X2CX66SU2BR6QTAD08 427866108 16303.00000000 NS USD 3028119.22000000 0.216721699566 Long EC CORP US N 1 N N N BROADCOM INC 549300WV6GIDOZJTV909 11135F101 151594.00000000 NS USD 63279883.42000000 4.528924684519 Long EC CORP US N 1 N N N VERISIGN INC LMPL4N8ZOJRMF0KOF759 92343E102 65563.00000000 NS USD 17614155.58000000 1.260640502033 Long EC CORP US N 1 N N N WILLIAMS COS INC D71FAKCBLFS2O0RBPG08 969457100 58002.00000000 NS USD 4426132.62000000 0.316777152489 Long EC CORP US N 1 N N N COMCAST CORP 51M0QTTNCGUN7KFCFZ59 20030N101 365269.00000000 NS USD 9876873.76000000 0.706885268429 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INC. WDJNR2L6D8RWOEB8T652 882508104 88500.00000000 NS USD 24875580.00000000 1.780338746138 Long EC CORP US N 1 N N N ILLINOIS TOOL WORKS INC 76NA4I14SZCFAYMNSV04 452308109 24625.00000000 NS USD 6353496.25000000 0.454718062747 Long EC CORP US N 1 N N N BERKSHIRE HATHAWAY INC DEL 5493000C01ZX7D35SD85 084670702 51094.00000000 NS USD 24198118.40000000 1.731852996841 Long EC CORP US N 1 N N N KINDER MORGAN INC DEL 549300WR7IX8XE0TBO16 49456B101 112253.00000000 NS USD 3689756.11000000 0.264074878512 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC 2S72QS2UO2OESLG6Y829 92343V104 277021.00000000 NS USD 13305318.63000000 0.952258169928 Long EC CORP US N 1 N N N PHILIP MORRIS INTERNATIONAL INC HL3H1H2BGXWVG3BSWR90 718172109 48482.00000000 NS USD 8002923.74000000 0.572767156251 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 31635A105 1576400.40200000 NS USD 1576715.68000000 0.112845128304 Long STIV RF US N 1 N N N LOCKHEED MARTIN CORP DPRBOZP0K5RM2YE8UU08 539830109 13456.00000000 NS USD 6969804.32000000 0.498827069917 Long EC CORP US N 1 N N N REALTY INCOME CORP 549300CUWDAUZSH43859 756109104 47583.00000000 NS USD 3056731.92000000 0.218769503011 Long EC CORP US N 1 N N N GAMING AND LEISURE PROPERTIES INC 5493006GWRDBCZYWTM57 36467J108 44254.00000000 NS USD 2144548.84000000 0.153484798860 Long EC CORP US N 1 N N N COTERRA ENERGY INC FCNMH6O7VWU7LHXMK351 127097103 85478.00000000 NS USD 3069514.98000000 0.219684383268 Long EC CORP US N 1 N N N CBOE GLOBAL MARKETS INC 529900RLNSGA90UPEH54 12503M108 23804.00000000 NS USD 7143342.36000000 0.511247141993 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 30231G102 105100.00000000 NS USD 16220083.00000000 1.160867092565 Long EC CORP US N 1 N N MCDONALDS CORP UE2136O97NLB5BYP9H04 580135101 36297.00000000 NS USD 10656436.23000000 0.762678350254 Long EC CORP US N 1 N N N NORTHROP GRUMMAN CORP RIMU48P07456QXSO0R61 666807102 10816.00000000 NS USD 6267655.68000000 0.448574475632 Long EC CORP US N 1 N N N CHEVRON CORP NEW N/A 166764100 52392.00000000 NS USD 10127897.52000000 0.724850973194 Long EC CORP US N 1 N N N HUNTINGTON INGALLS INDUSTRIES INC 5TZLZ6WJTBVJ0QWBG121 446413106 14081.00000000 NS USD 5129567.49000000 0.367121801918 Long EC CORP US N 1 N N N WEC ENERGY GROUP INC 549300IGLYTZUK3PVP70 92939U106 27210.00000000 NS USD 3209147.40000000 0.229677839000 Long EC CORP US N 1 N N N PACKAGING CORP OF AMERICA 549300XZP8MFZFY8TJ84 695156109 11075.00000000 NS USD 2363958.75000000 0.169187908659 Long EC CORP US N 1 N N N BECTON DICKINSON and CO ICE2EP6D98PQUILVRZ91 075887109 36058.00000000 NS USD 5374084.32000000 0.384621807407 Long EC CORP US N 1 N N N TRAVELERS COS INC 549300Y650407RU8B149 89417E109 24606.00000000 NS USD 7508274.84000000 0.537365264018 Long EC CORP US N 1 N N N IBM CORPORATION VGRQXHF3J8VDLUA7XE92 459200101 73295.00000000 NS USD 16929679.10000000 1.211652699612 Long EC CORP US N 1 N N N EOG RESOURCES INC XWTZDRYZPBUHIQBKDB46 26875P101 30057.00000000 NS USD 4225112.49000000 0.302390194429 Long EC CORP US N 1 N N N EQUITY LIFESTYLE PROPERTIES INC 529900PEQG66LENB6798 29472R108 30624.00000000 NS USD 1938192.96000000 0.138715962569 Long EC CORP US N 1 N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 620076307 40495.00000000 NS USD 17778519.85000000 1.272404009793 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 31635A303 27969078.09300000 NS USD 27971875.00000000 2.001939768425 Long STIV RF US N 1 N N ECOLAB INC 82DYEISM090VG8LTLS26 278865100 12868.00000000 NS USD 3353400.80000000 0.240002017061 Long EC CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 46625H100 77056.00000000 NS USD 24136250.88000000 1.727425154636 Long EC CORP US N 1 N N N AGREE REALTY CORP N/A 008492100 25935.00000000 NS USD 1999847.85000000 0.143128586900 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 57636Q104 28223.00000000 NS USD 14193911.16000000 1.015854504594 Long EC CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 949746101 130362.00000000 NS USD 10719667.26000000 0.767203778512 Long EC CORP US N 1 N N N PAYCHEX INC 529900K900DW6SUBM174 704326107 62507.00000000 NS USD 5790023.41000000 0.414390459151 Long EC CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 060505104 250238.00000000 NS USD 13377723.48000000 0.957440166081 Long EC CORP US N 1 N N N AMETEK INC NEW 549300WZDEF9KKE40E98 031100100 28967.00000000 NS USD 6821728.50000000 0.488229322258 Long EC CORP US N 1 N N N DTE ENERGY CO 549300IX8SD6XXD71I78 233331107 21348.00000000 NS USD 3238278.12000000 0.231762717002 Long EC CORP US N 1 N N N OMEGA HEALTHCARE INVESTORS INC 549300OJ7ENK42CZ8E73 681936100 46735.00000000 NS USD 2195142.95000000 0.157105806063 Long EC CORP US N 1 N N N PEPSICO INC FJSUNZKFNQ5YPJ5OT455 713448108 45686.00000000 NS USD 7240774.14000000 0.518220308972 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 375558103 69210.00000000 NS USD 9055436.40000000 0.648095211694 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 91324P102 42027.00000000 NS USD 15570162.96000000 1.114352485504 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 30161N101 74471.00000000 NS USD 3424921.29000000 0.245120719800 Long EC CORP US N 1 N N DARDEN RESTAURANTS INC CY1NFSCCB5GUXC7WZC70 237194105 34470.00000000 NS USD 6913303.20000000 0.494783299555 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027X100 19901.00000000 NS USD 3636111.71000000 0.260235562853 Long EC CORP US N 1 N N N AMDOCS LIMITED 549300HQV672RJ7RQV66 N/A 212697.00000000 NS USD 13755114.99000000 0.984449977620 Long EC CORP GG N 1 N N N JOHNSON and JOHNSON 549300G0CFPGEF6X2043 478160104 78390.00000000 NS USD 18017941.50000000 1.289539354584 Long EC CORP US N 1 N N N TRACTOR SUPPLY CO 549300OJ9VZHZRO6I137 892356106 134087.00000000 NS USD 4706453.70000000 0.336839658774 Long EC CORP US N 1 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 17275R102 274216.00000000 NS USD 25090764.00000000 1.795739408665 Long EC CORP US N 1 N N N COGNIZANT TECHNOLOGY SOLUTIONS CORP 5493006IEVQEFQO40L83 192446102 210716.00000000 NS USD 11146876.40000000 0.797779024784 Long EC CORP US N 1 N N REPUBLIC SERVICES INC NKNQHM6BLECKVOQP7O46 760759100 29396.00000000 NS USD 6150231.12000000 0.440170430624 Long EC CORP US N 1 N N N LINDE PLC 5299003QR1WT0EF88V51 N/A 14548.00000000 NS USD 7290584.72000000 0.521785239138 Long EC CORP IE N 1 N N N AVALONBAY COMMUNITIES INC K9G90K85RBWD2LAGQX17 053484101 12804.00000000 NS USD 2343132.00000000 0.167697343616 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 02079K305 251834.00000000 NS USD 96905723.20000000 6.935517231579 Long EC CORP US N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 16411R208 14487.00000000 NS USD 3983200.65000000 0.285076627392 Long EC CORP US N 1 N N N NEWMONT CORP 549300VSP3RIX7FGDZ51 651639106 41696.00000000 NS USD 4632008.64000000 0.331511645326 Long EC CORP US N 1 N N N 2026-05-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX