Fidelity Covington Trust - Fidelity Value Factor ETF
US ˙ ARCA ˙ US3160927824

SecurityFVAL / Fidelity Covington Trust - Fidelity Value Factor ETF
InstitutionFmr Llc
Latest Disclosed Ownership854,387 shares
Ownership 7.06%
Fmr Llc ownership in FVAL / Fidelity Covington Trust - Fidelity Value Factor ETF

2024-02-09 - Fmr Llc has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 854,387 shares of Fidelity Covington Trust - Fidelity Value Factor ETF (US:FVAL). This represents 7.061 percent ownership of the company. In their previous filing dated 2022-10-11 , Fmr Llc had reported owning 372,672 shares, indicating an increase of 129.26 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2024-02-09 2024-02-09 13G 372,672 854,387 129.26 7.06 92.35
2022-10-11 2022-10-11 13G/A 1,181,832 372,672 -68.47 3.67 -66.30
2022-07-11 2022-07-11 13G/A 550,368 1,181,832 114.73 10.89 74.16
2022-02-09 2022-02-09 13G 550,368 6.25

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 1,683,787 28,867 1.74 116,855 -2.30 0.0012
2026-02-17 2025-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 1,654,920 6,014 0.36 119,601 5.32 0.0061
2025-11-13 2025-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 1,648,906 -63,674 -3.72 113,560 3.82 0.0059
2025-08-14 2025-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 1,712,580 755,322 78.90 109,382 91.75 0.0062
2025-05-12 2025-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 957,258 102,932 12.05 57,043 8.53 0.0036
2025-02-13 2024-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 854,326 7,675 0.91 52,561 2.44 0.0031
2024-11-13 2024-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 846,651 26,275 3.20 51,307 8.61 0.0031
2024-08-13 2024-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 820,376 -8,235 -0.99 47,241 -0.07 0.0030
2024-05-13 2024-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 828,611 -25,779 -3.02 47,272 4.40 0.0032
2024-02-13 2023-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 854,390 426,615 99.73 45,281 121.21 0.0035
2023-11-13 2023-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 427,775 200,935 88.58 20,469 83.79 0.0018
2023-08-11 2023-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 226,840 -9,678 -4.09 11,138 2.90 0.0009
2023-08-11 2023-03-31 13F/A-1 FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 236,518 109,869 86.75 10,823 94.90 0.0010
2023-05-11 2023-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 236,518 109,869 10,823 0.0010
2023-02-13 2022-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 126,649 -246,028 -66.02 5,554 -62.76 0.0006
2022-11-10 2022-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 372,677 -809,156 -68.47 14,911 -70.67 0.0016
2022-08-12 2022-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 1,181,833 472,871 66.70 50,842 41.09 0.0051
2022-05-13 2022-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 708,962 158,592 28.82 36,036 25.60 0.0029
2022-02-14 2021-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 550,370 319,237 138.12 28,691 160.52 0.0021
2022-02-14 2021-09-30 13F/A-1 FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 231,133 40,469 21.23 11,013 20.22 0.0009
2021-11-15 2021-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 231,133 40,469 11,013 0.0009
2021-08-13 2021-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 190,664 69,994 58.00 9,161 69.46 0.0007
2021-05-14 2021-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 120,670 35,367 41.46 5,406 56.06 0.0005
2021-02-08 2020-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 85,303 1,413 1.68 3,464 15.93 0.0003
2020-11-13 2020-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 83,890 58,338 228.31 2,988 247.44 0.0003
2020-08-24 2020-06-30 13F/A-1 FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 25,552 -131,035 -83.68 860 -80.48 0.0001
2020-08-13 2020-06-30 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 25,552 -131,035 860 21.1277
2020-05-14 2020-03-31 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 156,587 144,755 1,223.42 4,406 881.29 0.0006
2020-02-07 2019-12-31 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 11,832 9,728 462.36 449 523.61 0.0000
2019-11-13 2019-09-30 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 2,104 700 49.86 72 50.00 0.0000
2019-08-13 2019-06-30 13F FIDELITY VLU FACTOR ETF 316092782 1,404 -45 -3.11 48 0.00 0.0000
2019-05-13 2019-03-31 13F FIDELITY VLU FACTOR ETF 316092782 1,449 -252 -14.81 48 -5.88 0.0000
2019-02-13 2018-12-31 13F FIDELITY VLU FACTOR ETF 316092782 1,701 0 0.00 51 -13.56 0.0000
2018-11-09 2018-09-30 13F FIDELITY VLU FACTOR ETF 316092782 1,701 1,701 59 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.