FIDELITY COVINGTON TRUST

Ticker: FREL CUSIP: 316092857 Class: MSCI RL EST ETF

Payne Capital Management, LLC's Holding History (CIK: 0001994332)

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

Q4 2025
Shares 297,826 Value ($000) $8,009 Avg Close — Range —
Q3 2025
Shares 279,634 Value ($000) $7,777 Avg Close — Range —
Q2 2025
Shares 251,410 Value ($000) $6,798 Avg Close — Range —
Q1 2025
Shares 249,140 Value ($000) $6,844 Avg Close — Range —
Q4 2024
Shares 232,344 Value ($000) $6,278 Avg Close — Range —