FIDELITY COVINGTON TRUST

Ticker: FMET CUSIP: 316092188 Class: METAVERSE ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

FLOW TRADERS U.S. LLC

Value ($000) $0 Shares 7,998

Value ($000) $10 Shares 267

Farther Finance Advisors, LLC

Value ($000) $2 Shares 52

AE Wealth Management LLC

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
FLOW TRADERS U.S. LLC	7,998	$0
UBS Group AG	267	$10
Farther Finance Advisors, LLC	52	$2
AE Wealth Management LLC	1	$0

Increased Positions (4)

CITADEL ADVISORS LLC

Value ($000) $2,540 (+65.8%) Shares 70,428 (+74.2%)

OSAIC HOLDINGS, INC.

Value ($000) $143 (+235.1%) Shares 3,959 (+252.9%)

JANE STREET GROUP, LLC

Value ($000) $345 (+22.2%) Shares 9,557 (+28.4%)

ENVESTNET ASSET MANAGEMENT INC

Value ($000) $315 (+12.0%) Shares 8,734 (+17.6%)

Institution	Prev Shares	Curr Shares	Change
CITADEL ADVISORS LLC	40,426	70,428	+30,002 (+74.2%)
OSAIC HOLDINGS, INC.	1,122	3,959	+2,837 (+252.9%)
JANE STREET GROUP, LLC	7,444	9,557	+2,113 (+28.4%)
ENVESTNET ASSET MANAGEMENT INC	7,426	8,734	+1,308 (+17.6%)

Decreased Positions (2)

Cambridge Investment Research Advisors, Inc.

Value ($000) $0 (-73.5%) Shares 12,565 (-72.1%)

Value ($000) $3 (-7.4%) Shares 71 (-1.4%)

Institution	Prev Shares	Curr Shares	Change
Cambridge Investment Research Advisors, Inc.	45,044	12,565	-32,479 (-72.1%)
MORGAN STANLEY	72	71	-1 (-1.4%)

Exited Positions (1)

Rossby Financial, LCC

Value ($000) $4 Shares 100

Institution	Prev Shares	Prev Value ($000)
Rossby Financial, LCC	100	$4