NPORT-P false 0000945908 XXXXXXXX S000054754 C000171935 FIDELITY COVINGTON TRUST 811-07319 0000945908 549300JFYFTF85QAQR28 245 SUMMER STREET BOSTON 02210 1-800-FIDELITY Fidelity Value Factor ETF S000054754 549300CSNOQ3T6NWRR25 2020-07-31 2020-04-30 N 158478100.99 75845.22 158402255.77 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 N Walgreens Boots Alliance Inc 549300RPTUOIXG4LIH86 931427108 22358.00000000 NS USD 967877.82000000 0.611025275678 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 20825C104 15035.00000000 NS USD 632973.50000000 0.399598791647 Long EC CORP US N 1 N N N Intel Corp KNX4USFCNGPY45LOCE31 458140100 44532.00000000 NS USD 2671029.36000000 1.686231895509 Long EC CORP US N 1 N N N Ford Motor Co 20S05OYHG0MQM4VUIC57 345370860 148551.00000000 NS USD 756124.59000000 0.477344584724 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 70885.00000000 NS USD 2719148.60000000 1.716609770979 Long EC CORP US N 1 N N N LyondellBasell Industries NV BN6WCCZ8OVP3ITUUVN49 000000000 6746.00000000 NS USD 390930.70000000 0.246796169726 Long EC CORP NL N 1 N N N Unum Group 549300E32YFDO6TZ8R31 91529Y106 39556.00000000 NS USD 690252.20000000 0.435759072144 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 28556.00000000 NS USD 1125963.08000000 0.710825154936 Long EC CORP US N 1 N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 744573106 11733.00000000 NS USD 594980.43000000 0.375613609230 Long EC CORP US N 1 N N N DuPont de Nemours Inc 5493004JF0SDFLM8GD76 26614N102 12587.00000000 NS USD 591840.74000000 0.373631509932 Long EC CORP US N 1 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 14040H105 13893.00000000 NS USD 899710.68000000 0.567991077921 Long EC CORP US N 1 N N N Humana Inc 529900YLDW34GJAO4J06 444859102 4693.00000000 NS USD 1791881.26000000 1.131222059489 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 27230.00000000 NS USD 982458.40000000 0.620230056209 Long EC CORP US N 1 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558103 29224.00000000 NS USD 2454816.00000000 1.549735506017 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 25382.00000000 NS USD 2086400.40000000 1.317153212154 Long EC CORP US N 1 N N N MasTec Inc 549300TMDIT8WREDOF45 576323109 21034.00000000 NS USD 755120.60000000 0.476710761680 Long EC CORP US N 1 N N N Brixmor Property Group Inc 5299007UXW6Y0W2EGZ95 11120U105 17891.00000000 NS USD 204851.95000000 0.129323884312 Long EC US N 1 N N N Ventas Inc ORQTRC074CWLT3DKHT41 92276F100 8024.00000000 NS USD 259576.40000000 0.163871656207 Long EC US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 29266.00000000 NS USD 8598350.80000000 5.428174465194 Long EC CORP US N 1 N N N CBRE Group Inc 52990016II9MJ2OSWA10 12504L109 7321.00000000 NS USD 314290.53000000 0.198412913043 Long EC CORP US N 1 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 29452E101 47828.00000000 NS USD 876208.96000000 0.553154344766 Long EC CORP US N 1 N N N Discovery Inc 5493006ZCRFWKF6B1K26 25470F104 25940.00000000 NS USD 581574.80000000 0.367150579499 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 084670702 17011.00000000 NS USD 3187180.96000000 2.012080537936 Long EC CORP US N 1 N N N DXC Technology Co 549300DOVZ3EDJB7O259 23355L106 36629.00000000 NS USD 664083.77000000 0.419238833924 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 25274.00000000 NS USD 3792110.96000000 2.393975351907 Long EC CORP US N 1 N N N WestRock Co N/A 96145D105 12042.00000000 NS USD 387631.98000000 0.244713674130 Long EC CORP US N 1 N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 02209S103 31761.00000000 NS USD 1246619.25000000 0.786995894686 Long EC CORP US N 1 N N N Kroger Co/The 6CPEOKI6OYJ13Q6O7870 501044101 38443.00000000 NS USD 1215183.23000000 0.767150205085 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 231021106 8231.00000000 NS USD 1345768.50000000 0.849589226780 Long EC CORP US N 1 N N N Park Hotels & Resorts Inc 5493005UZ5TQN0H6HS73 700517105 15997.00000000 NS USD 152131.47000000 0.096041226976 Long EC US N 1 N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 56585A102 12757.00000000 NS USD 409244.56000000 0.258357785380 Long EC CORP US N 1 N N N Sabra Health Care REIT Inc 549300E3BC7GU7TAZ621 78573L106 16938.00000000 NS USD 217145.16000000 0.137084638690 Long EC US N 1 N N N Macy's Inc 529900NZQ81TIOW3CW52 55616P104 61381.00000000 NS USD 359692.66000000 0.227075465719 Long EC CORP US N 1 N N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 30231G102 33639.00000000 NS USD 1563204.33000000 0.986857366646 Long EC CORP US N 1 N N N Welltower Inc T6IZ0MBEG5ACZDTR7D06 95040Q104 6520.00000000 NS USD 334019.60000000 0.210867956631 Long EC US N 1 N N N NRG Energy Inc 5E2UPK5SW04M13XY7I38 629377508 15007.00000000 NS USD 503184.71000000 0.317662591074 Long EC CORP US N 1 N N N Vistra Energy Corp 549300KP43CPCUJOOG15 92840M102 26056.00000000 NS USD 509134.24000000 0.321418554000 Long EC CORP US N 1 N N N PPL Corp 9N3UAJSNOUXFKQLF3V18 69351T106 18477.00000000 NS USD 469685.34000000 0.296514300075 Long EC CORP US N 1 N N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 42824C109 89125.00000000 NS USD 896597.50000000 0.566025714496 Long EC CORP US N 1 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 693718108 17650.00000000 NS USD 1221909.50000000 0.771396527189 Long EC CORP US N 1 N N N National Fuel Gas Co 8JB38FFW1Y3C1HM8E841 636180101 12014.00000000 NS USD 492574.00000000 0.310964005913 Long EC CORP US N 1 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 925652109 15307.00000000 NS USD 266647.94000000 0.168335948692 Long EC US N 1 N N N Celanese Corp 549300FHJQTDPPN41627 150870103 4714.00000000 NS USD 391591.98000000 0.247213638528 Long EC CORP US N 1 N N N Foot Locker Inc 549300X383CBNP6MTV94 344849104 25807.00000000 NS USD 661433.41000000 0.417565650681 Long EC CORP US N 1 N N N AerCap Holdings NV 549300SZYINBBLJQU475 000000000 21103.00000000 NS USD 593416.36000000 0.374626205362 Long EC CORP NL N 1 N N N Norwegian Cruise Line Holdings Ltd N/A 000000000 20057.00000000 NS USD 328934.80000000 0.207657901335 Long EC CORP BM N 1 N N N Steel Dynamics Inc 549300HGGKEL4FYTTQ83 858119100 15807.00000000 NS USD 383635.89000000 0.242190925965 Long EC CORP US N 1 N N N Kimco Realty Corp 549300EA7I6T15IBYS12 49446R109 19655.00000000 NS USD 214436.05000000 0.135374366329 Long EC US N 1 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967424 28000.00000000 NS USD 1359680.00000000 0.858371614337 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 9704.00000000 NS USD 821540.64000000 0.518642007972 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 82748.00000000 NS USD 1990089.40000000 1.256351679037 Long EC CORP US N 1 N N N Cisco Systems Inc 8E6NF1YAL0WT6CWXXV93 17275R102 50872.00000000 NS USD 2155955.36000000 1.361063546424 Long EC CORP US N 1 N N N Dow Inc 5493003S21INSLK2IP73 260557103 13313.00000000 NS USD 488453.97000000 0.308363013913 Long EC CORP US N 1 N N N Royal Caribbean Cruises Ltd K2NEH8QNVW44JIWK7Z55 000000000 9839.00000000 NS USD 460170.03000000 0.290507245470 Long EC CORP LR N 1 N N N Nucor Corp 549300GGJCRSI2TIEJ46 670346105 10657.00000000 NS USD 438961.83000000 0.277118420988 Long EC CORP US N 1 N N N VEREIT Inc 5493002H54FNIBW75H44 92339V100 41399.00000000 NS USD 226866.52000000 0.143221773514 Long EC US N 1 N N N Ovintiv Inc N/A 69047Q102 30770.00000000 NS USD 194774.10000000 0.122961695875 Long EC CORP US N 1 N N N Prudential Financial Inc 5PRBRS5FEH7NREC8OR45 744320102 14565.00000000 NS USD 908419.05000000 0.573488707963 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 3062.00000000 NS USD 7575388.00000000 4.782373813539 Long EC CORP US N 1 N N N International Business Machines Corp VGRQXHF3J8VDLUA7XE92 459200101 13152.00000000 NS USD 1651365.12000000 1.042513638440 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 37200.00000000 NS USD 2137140.00000000 1.349185331743 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 32054.00000000 NS USD 2543164.36000000 1.605510191529 Long EC CORP US N 1 N N N Consolidated Edison Inc 54930033SBW53OO8T749 209115104 7504.00000000 NS USD 591315.20000000 0.373299734353 Long EC CORP US N 1 N N N Lennar Corp 529900G61XVRLX5TJX09 526057104 17057.00000000 NS USD 854043.99000000 0.539161507422 Long EC CORP US N 1 N N N JetBlue Airways Corp 54930070J9H97ZO93T57 477143101 60375.00000000 NS USD 588052.50000000 0.371239978333 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 16424.00000000 NS USD 2935297.28000000 1.853065327719 Long EC CORP US N 1 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 254709108 16885.00000000 NS USD 725548.45000000 0.458041740929 Long EC CORP US N 1 N N N Exelon Corp 3SOUA6IRML7435B56G12 30161N101 16526.00000000 NS USD 612784.08000000 0.386853127198 Long EC CORP US N 1 N N N Cognizant Technology Solutions Corp 5493006IEVQEFQO40L83 192446102 21962.00000000 NS USD 1274235.24000000 0.804429983528 Long EC CORP US N 1 N N N McKesson Corp 549300WZWOM80UCFSF54 58155Q103 10417.00000000 NS USD 1471401.25000000 0.928901702092 Long EC CORP US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 31635A105 136947.91800000 NS USD 136989.00000000 0.086481722961 Long STIV RF US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 00206R102 63274.00000000 NS USD 1927958.78000000 1.217128361353 Long EC CORP US N 1 N N N Molina Healthcare Inc 549300NQQCEQ46YHZ591 60855R100 11302.00000000 NS USD 1853188.94000000 1.169925851744 Long EC CORP US N 1 N N N Biogen Inc W8J5WZB5IY3K0NDQT671 09062X103 5354.00000000 NS USD 1589227.82000000 1.003286103644 Long EC CORP US N 1 N N N Spirit AeroSystems Holdings Inc N/A 848574109 18727.00000000 NS USD 414990.32000000 0.261985107461 Long EC CORP US N 1 N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 595112103 28073.00000000 NS USD 1344415.97000000 0.848735368991 Long EC CORP US N 1 N N N H&R Block Inc 549300CE3KUCWLZBG404 093671105 45744.00000000 NS USD 761637.60000000 0.480824970766 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 15987.00000000 NS USD 1470804.00000000 0.928524655694 Long EC CORP US N 1 N N N General Motors Co 54930070NSV60J38I987 37045V100 37280.00000000 NS USD 830971.20000000 0.524595559552 Long EC CORP US N 1 N N N Anthem Inc 8MYN82XMYQH89CTMTH67 036752103 6479.00000000 NS USD 1818849.67000000 1.148247328397 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 74340W103 8159.00000000 NS USD 728027.57000000 0.459606819651 Long EC US N 1 N N N Kohl's Corp 549300JF6LPRTRJ0FH50 500255104 23469.00000000 NS USD 433237.74000000 0.273504779268 Long EC CORP US N 1 N N N United Airlines Holdings Inc 98450079DA0B78DD6764 910047109 16162.00000000 NS USD 478071.96000000 0.301808808009 Long EC CORP US N 1 N N N Kraft Heinz Co/The N/A 500754106 35877.00000000 NS USD 1088149.41000000 0.686953228481 Long EC CORP US N 1 N N N Liberty Global PLC 549300BSGXG3QLIQYT84 000000000 36913.00000000 NS USD 716850.46000000 0.452550663824 Long EC CORP GB N 1 N N N NortonLifeLock Inc YF6ZV0M6AU4FY94MK914 668771108 72065.00000000 NS USD 1532822.55000000 0.967677223123 Long EC CORP US N 1 N N N EPR Properties 549300YSSXFHMPOWZ492 26884U109 5241.00000000 NS USD 154190.22000000 0.097340924376 Long EC US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 13.00000000 NC USD 18735.91000000 0.011828057567 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long Micro E-mini S&P 500 HWAM0 Index 2020-06-19 169920.09000000 USD 18735.91000000 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122108 35909.00000000 NS USD 2183626.29000000 1.378532319117 Long EC CORP US N 1 N N N United Rentals Inc 5323X5O7RN0NKFCDRY08 911363109 8326.00000000 NS USD 1069891.00000000 0.675426618642 Long EC CORP US N 1 N N N Ingredion Inc PKSTQ48QDN0XSVS7YK88 457187102 10833.00000000 NS USD 879639.60000000 0.555320122004 Long EC CORP US N 1 N N N Philip Morris International Inc HL3H1H2BGXWVG3BSWR90 718172109 20736.00000000 NS USD 1546905.60000000 0.976567910905 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 43551.00000000 NS USD 1638824.13000000 1.034596459522 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 53310.00000000 NS USD 9553685.10000000 6.031280964755 Long EC CORP US N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 28018.00000000 NS USD 1724507.90000000 1.088688978333 Long EC CORP US N 1 N N N Service Properties Trust 529900IS770AG1K9QG27 81761L102 15965.00000000 NS USD 110637.45000000 0.069845880326 Long EC US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 4157.00000000 NS USD 5598231.90000000 3.534186980347 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389X105 35323.00000000 NS USD 1871059.31000000 1.181207490325 Long EC CORP US N 1 N N N Medical Properties Trust Inc 254900U6E39J1MQCCY14 58463J304 18044.00000000 NS USD 309274.16000000 0.195246057890 Long EC US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 808513105 30948.00000000 NS USD 1167358.56000000 0.736958292876 Long EC CORP US N 1 N N N Southwest Airlines Co UDTZ87G0STFETI6HGH41 844741108 24199.00000000 NS USD 756218.75000000 0.477404028322 Long EC CORP US N 1 N N N Herbalife Nutrition Ltd 549300BA7TYPBSZZIA41 000000000 22708.00000000 NS USD 848143.80000000 0.535436693042 Long EC CORP KY N 1 N N N Brighthouse Financial Inc 5493003T8SZSHOGGAW52 10922N103 27884.00000000 NS USD 716897.64000000 0.452580448753 Long EC CORP US N 1 N N N Reliance Steel & Aluminum Co 549300E287ZOFT3C5Z56 759509102 4059.00000000 NS USD 363605.22000000 0.229545481049 Long EC CORP US N 1 N N N Southern Co/The 549300FC3G3YU2FBZD92 842587107 13822.00000000 NS USD 784122.06000000 0.495019503471 Long EC CORP US N 1 N N N Alliance Data Systems Corp 549300G8S4PO686J7H97 018581108 11582.00000000 NS USD 579910.74000000 0.366100051530 Long EC CORP US N 1 N N N ManpowerGroup Inc ERO1WSFOSR0JJ6CRQ987 56418H100 12792.00000000 NS USD 949678.08000000 0.599535704452 Long EC CORP US N 1 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 828806109 4267.00000000 NS USD 284907.59000000 0.179863341348 Long EC US N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 149123101 12207.00000000 NS USD 1420650.66000000 0.896862644470 Long EC CORP US N 1 N N N International Paper Co 824LMFJDH41EY779Q875 460146103 12307.00000000 NS USD 421514.75000000 0.266104007137 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 6245.00000000 NS USD 1696266.90000000 1.070860318089 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 11013.00000000 NS USD 2420987.79000000 1.528379616964 Long EC CORP US N 1 N N N Tyson Foods Inc WD6L6041MNRW1JE49D58 902494103 13004.00000000 NS USD 808718.76000000 0.510547502034 Long EC CORP US N 1 N N N Vornado Realty Trust N/A 929042109 6047.00000000 NS USD 264979.54000000 0.167282680863 Long EC US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 1.00000000 NC USD 10974.31000000 0.006928127346 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long E-mini S&P 500 Index ESM0 Index 2020-06-19 134145.69000000 USD 10974.31000000 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 247361702 24067.00000000 NS USD 623575.97000000 0.393666092044 Long EC CORP US N 1 N N N Avnet Inc XJI53DCPL7QABOWK4Z75 053807103 33010.00000000 NS USD 990960.20000000 0.625597277755 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 47446.00000000 NS USD 1378306.30000000 0.870130474657 Long EC CORP US N 1 N N N Check Point Software Technologies Ltd 2549003ZVBH73EPNS513 000000000 11196.00000000 NS USD 1183865.04000000 0.747378902052 Long EC CORP IL N 1 N N N Phillips 66 5493005JBO5YSIGK1814 718546104 8010.00000000 NS USD 586091.70000000 0.370002117173 Long EC CORP US N 1 N N N Accenture PLC N/A 000000000 9585.00000000 NS USD 1775046.15000000 1.120593984834 Long EC CORP IE N 1 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 44107P104 24273.00000000 NS USD 298800.63000000 0.188634075031 Long EC US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 30303M102 18066.00000000 NS USD 3698290.86000000 2.334746334275 Long EC CORP US N 1 N N N Synchrony Financial 549300RS7EWPM9MA6C78 87165B103 38194.00000000 NS USD 755859.26000000 0.477177080797 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 742718109 22661.00000000 NS USD 2671052.07000000 1.686246232426 Long EC CORP US N 1 N N N 3M Co LUZQVYP4VS22CLWDAR65 88579Y101 10988.00000000 NS USD 1669296.96000000 1.053834083287 Long EC CORP US N 1 N N N Fox Corp 549300DDU6FDRBIELS05 35137L105 21383.00000000 NS USD 553178.21000000 0.349223694644 Long EC CORP US N 1 N N N 2020-05-28 FIDELITY COVINGTON TRUST Stacie M Smith Stacie M Smith President and Treasurer XXXX