FIDELITY COVINGTON TRUST

Ticker: FDFF CUSIP: 316092154 Class: DISRUPTIVE FIN E

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

Raleigh Capital Management Inc.

Value ($000) $39 Shares 1,081

CITADEL ADVISORS LLC

Value ($000) $456 Shares 12,812

Elyxium Wealth, LLC

Value ($000) $10 Shares 292

SRS Capital Advisors, Inc.

Value ($000) $2 Shares 53

Institution	Shares	Value ($000)
Raleigh Capital Management Inc.	1,081	$39
CITADEL ADVISORS LLC	12,812	$456
Elyxium Wealth, LLC	292	$10
SRS Capital Advisors, Inc.	53	$2

Increased Positions (3)

JANE STREET GROUP, LLC

Value ($000) $3,208 (+523.1%) Shares 90,056 (+532.8%)

AE Wealth Management LLC

Value ($000) $892 (+22.0%) Shares 25,048 (+23.9%)

Virtu Financial LLC

Value ($000) $0 (+74.5%) Shares 12,888 (+77.5%)

Institution	Prev Shares	Curr Shares	Change
JANE STREET GROUP, LLC	14,232	90,056	+75,824 (+532.8%)
AE Wealth Management LLC	20,224	25,048	+4,824 (+23.9%)
Virtu Financial LLC	7,261	12,888	+5,627 (+77.5%)

Decreased Positions (2)

OSAIC HOLDINGS, INC.

Value ($000) $28 (-35.7%) Shares 787 (-33.7%)

COMMONWEALTH EQUITY SERVICES, LLC

Value ($000) $707 (+95296.8%) Shares 19,845 (-3.2%)

Institution	Prev Shares	Curr Shares	Change
OSAIC HOLDINGS, INC.	1,187	787	-400 (-33.7%)
COMMONWEALTH EQUITY SERVICES, LLC	20,497	19,845	-652 (-3.2%)

Exited Positions (3)

Value ($000) $505 Shares 13,960

Cambridge Investment Research Advisors, Inc.

Value ($000) $1 Shares 23,283

Advisory Services Network, LLC

Value ($000) $1 Shares 25

Institution	Prev Shares	Prev Value ($000)
UBS Group AG	13,960	$505
Cambridge Investment Research Advisors, Inc.	23,283	$1
Advisory Services Network, LLC	25	$1