FIDELITY COVINGTON TRUST

Ticker: FFGX CUSIP: 31609A875 Class: FUNDAMENTAL GLOB

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

Value ($000) $1 Shares 20

Institution	Shares	Value ($000)
UBS Group AG	20	$1

Increased Positions (2)

Elm3 Financial Group, LLC

Value ($000) $436 (+5.0%) Shares 14,300 (+3.1%)

JANE STREET GROUP, LLC

Value ($000) $460 (+12.2%) Shares 15,091 (+10.1%)

Institution	Prev Shares	Curr Shares	Change
Elm3 Financial Group, LLC	13,873	14,300	+427 (+3.1%)
JANE STREET GROUP, LLC	13,707	15,091	+1,384 (+10.1%)

Exited Positions (5)

CITADEL ADVISORS LLC

Value ($000) $2,180 Shares 72,928

Advisory Services Network, LLC

Value ($000) $33 Shares 1,103

PRINCIPAL SECURITIES, INC.

Value ($000) $10 Shares 350

BANK OF AMERICA CORP /DE/

Value ($000) $1 Shares 40

Root Financial Partners, LLC

Value ($000) $0 Shares 8

Institution	Prev Shares	Prev Value ($000)
CITADEL ADVISORS LLC	72,928	$2,180
Advisory Services Network, LLC	1,103	$33
PRINCIPAL SECURITIES, INC.	350	$10
BANK OF AMERICA CORP /DE/	40	$1
Root Financial Partners, LLC	8	$0