Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
US ˙ ARCA ˙ US3160928574

SecurityFREL / Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
InstitutionMorgan Stanley
Latest Disclosed Ownership181,647 shares
Latest Disclosed Value $ 4,888,156
Morgan Stanley reports 9.01% increase in ownership of FREL / Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 181,647 shares of Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF (US:FREL) valued at $4,888,121 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 166,630 shares of Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF. This represents a change in shares of 9.01% during the quarter. The current value of the position is $5,300,459 USD.

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.

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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 MSCI RL EST ETF 316092857 181,647 15,017 9.01 4,888 9.11 0.0003
2026-05-27 2025-12-31 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 166,630 8,270 5.22 4,481 1.73 0.0003
2026-02-13 2025-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 166,630 8,270 4,481 0.0003
2026-05-27 2025-09-30 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 158,360 4,677 3.04 4,404 5.99 0.0003
2025-11-14 2025-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 158,360 4,677 4,404 0.0003
2025-08-15 2025-06-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 153,683 -4,334 -2.74 4,156 -4.26 0.0003
2025-05-15 2025-03-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 158,017 19,887 14.40 4,341 16.29 0.0003
2025-05-15 2024-12-31 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 138,130 12,617 10.05 3,732 0.86 0.0003
2025-02-14 2024-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 138,130 12,617 3,732 0.0003
2025-05-14 2024-09-30 13F/A-2 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 125,513 5,486 4.57 3,700 21.67 0.0003
2025-02-14 2024-09-30 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 125,513 5,486 3,700 0.0003
2024-11-14 2024-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 125,513 5,486 3,700 0.0000
2025-05-14 2024-06-30 13F/A-2 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 120,027 4,478 3.88 3,042 0.90 0.0002
2024-10-17 2024-06-30 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 120,027 4,478 3,042 0.0002
2024-08-14 2024-06-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 120,027 4,478 3,042 0.0002
2024-10-17 2024-03-31 13F/A-2 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 115,549 4,005 3.59 3,015 1.41 0.0002
2024-08-16 2024-03-31 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 115,549 4,005 3,015 0.0000
2024-05-15 2024-03-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 115,549 4,005 3,015 0.0002
2024-08-16 2023-12-31 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 111,544 -35,549 -24.17 2,973 -11.18 0.0003
2024-02-13 2023-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 111,544 -35,549 2,973 0.0003
2023-11-15 2023-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 147,093 -3,376 -2.24 3,346 -11.36 0.0003
2023-08-14 2023-06-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 150,469 -37,336 -19.88 3,775 -19.30 0.0004
2023-05-15 2023-03-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 187,805 14,007 8.06 4,678 8.51 0.0005
2023-02-14 2022-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 173,798 22,869 15.15 4,312 19.42 0.0005
2022-11-14 2022-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 150,929 -13,396 -8.15 3,610 -19.13 0.0005
2022-10-27 2022-06-30 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 164,325 29,773 22.13 4,464 2.43 0.0006
2022-08-15 2022-06-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 164,325 29,773 4,464 0.0006
2022-10-27 2022-03-31 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 134,552 621 0.46 4,358 -6.28 0.0006
2022-05-13 2022-03-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 134,552 621 4,358 0.0006
2022-02-14 2021-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 133,931 30,147 29.05 4,650 47.39 0.0006
2021-11-15 2021-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 103,784 34,120 48.98 3,155 48.82 0.0004
2021-08-23 2021-06-30 13F/A-1 FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 69,664 23,738 51.69 2,120 67.85 0.0003
2021-08-16 2021-06-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 69,664 23,738 2,120 0.0001
2021-05-17 2021-03-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 45,926 1,920 4.36 1,263 13.07 0.0002
2021-02-16 2020-12-31 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 44,006 -16,980 -27.84 1,117 -22.05 0.0002
2020-11-13 2020-09-30 13F FIDELITY COVINGTON TRUST MSCI RL EST ETF 316092857 60,986 -9,551 -13.54 1,433 -13.10 0.0003
2020-08-14 2020-06-30 13F FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 70,537 -1,434 -1.99 1,649 10.15 0.0004
2020-05-26 2020-03-31 13F/A-1 FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 71,971 13,953 24.05 1,497 -7.36 0.0004
2020-05-15 2020-03-31 13F FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 71,971 13,953 1,497 115.0008
2020-02-14 2019-12-31 13F FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 58,018 3,578 6.57 1,616 6.39 0.0004
2019-11-14 2019-09-30 13F FIDELITY COVINGTON TR MSCI RL EST ETF 316092857 54,440 -3,671 -6.32 1,519 -0.13 0.0004
2019-08-14 2019-06-30 13F FIDELITY MSCI RL EST ETF 316092857 58,111 -222 -0.38 1,521 0.40 0.0004
2019-05-15 2019-03-31 13F FIDELITY MSCI RL EST ETF 316092857 58,333 25,617 78.30 1,515 106.68 0.0004
2019-02-14 2018-12-31 13F FIDELITY MSCI RL EST ETF 316092857 32,716 -45,017 -57.91 733 -60.82 0.0002
2019-04-23 2018-09-30 13F/A-2 FIDELITY MSCI RL EST ETF 316092857 77,733 18,152 30.47 1,871 27.98 0.0005
2018-11-20 2018-09-30 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 77,733 0 1,871 0.0005
2018-11-14 2018-09-30 13F FIDELITY MSCI RL EST ETF 316092857 77,733 18,152 1,871
2019-04-23 2018-06-30 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 59,581 34,817 140.60 1,462 157.85 0.0004
2018-08-14 2018-06-30 13F FIDELITY MSCI RL EST ETF 316092857 59,581 34,817 1,462
2019-04-23 2018-03-31 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 24,764 -12,895 -34.24 567 -39.03 0.0002
2018-05-14 2018-03-31 13F FIDELITY MSCI RL EST ETF 316092857 24,764 -12,895 567
2019-04-23 2017-12-31 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 37,659 -9,444 -20.05 930 -18.64 0.0003
2018-02-14 2017-12-31 13F FIDELITY MSCI RL EST ETF 316092857 37,659 -9,444 930
2017-11-14 2017-09-30 13F FIDELITY MSCI RL EST ETF 316092857 47,103 -34,272 -42.12 1,143 -42.01 0.0003
2017-08-11 2017-06-30 13F FIDELITY MSCI RL EST ETF 316092857 81,375 -179,216 -68.77 1,971 -68.32 0.0006
2017-05-22 2017-03-31 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 260,591 197,838 315.26 6,222 322.69 0.0019
2017-05-12 2017-03-31 13F FIDELITY MSCI RL EST ETF 316092857 260,591 6,222
2017-02-22 2016-12-31 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 62,753 -2,169 -3.34 1,472 -7.48 0.0005
2017-02-13 2016-12-31 13F FIDELITY MSCI RL EST ETF 316092857 62,753 1,472
2016-11-10 2016-09-30 13F FIDELITY MSCI RL EST ETF 316092857 64,922 11,422 21.35 1,591 19.62 0.0005
2016-08-12 2016-06-30 13F FIDELITY MSCI RL EST ETF 316092857 53,500 53,136 14,597.80 1,330 16,525.00 0.0005
2016-02-09 2015-12-31 13F FIDELITY MSCI RL EST ETF 316092857 364 -5,052 -93.28 8 -93.10 0.0000
2016-02-08 2015-09-30 13F/A-1 FIDELITY MSCI RL EST ETF 316092857 5,416 5,416 116 0.0000
2015-11-09 2015-09-30 13F FIDELITY MSCI RL EST ETF 316092857 5,416 116 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.