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

SecurityFVAL / Fidelity Covington Trust - Fidelity Value Factor ETF
InstitutionAdvisor Group Holdings, Inc.
Latest Disclosed Ownership247,916 shares
Latest Disclosed Value $ 17,208,745
Advisor Group Holdings, Inc. reports 1.28% decrease in ownership of FVAL / Fidelity Covington Trust - Fidelity Value Factor ETF

On May 15, 2026 - Advisor Group Holdings, Inc. filed a 13F-HR form disclosing ownership of 247,916 shares of Fidelity Covington Trust - Fidelity Value Factor ETF (US:FVAL) valued at $17,205,370 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 251,139 shares of Fidelity Covington Trust - Fidelity Value Factor ETF. This represents a change in shares of -1.28% during the quarter. The current value of the position is $19,434,135 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 VLU FACTOR ETF 316092782 247,916 -3,223 -1.28 17,209 -5.21 0.0147
2026-02-17 2025-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 251,139 -6,530 -2.53 18,154 3.93 0.0265
2025-11-14 2025-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 257,669 11,567 4.70 17,467 11.11 0.0244
2025-09-04 2025-06-30 13F/A-1 IDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 246,102 -2,162 -0.87 15,722 6.24 0.0280
2025-08-13 2025-06-30 13F IDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 236,974 -11,290 14,625 0.0169
2025-05-12 2025-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 248,264 8,526 3.56 14,797 0.31 0.0330
2025-06-06 2024-12-31 13F/A-1 FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 239,738 -11,759 -4.68 14,751 -3.23 0.0331
2025-02-07 2024-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 243,408 -8,089 14,773 0.0377
2024-11-13 2024-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 251,497 191 0.08 15,243 5.33 0.0344
2024-08-13 2024-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 251,306 -113,861 -31.18 14,472 -30.54 0.0342
2024-05-10 2024-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 365,167 -116,050 -24.12 20,835 -18.31 0.0465
2024-02-12 2023-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 481,217 -268,057 -35.78 25,506 -28.86 0.0446
2023-11-13 2023-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 749,274 130,308 21.05 35,855 17.97 0.0530
2023-08-21 2023-06-30 13F/A-1 FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 618,966 -110,326 -15.13 30,393 -8.93 0.0546
2023-08-10 2023-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 618,966 -110,326 30,393 0.0082
2023-05-12 2023-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 729,292 8,027 1.11 33,375 5.52 0.0628
2023-02-10 2022-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 721,265 69,719 10.70 31,629 21.32 0.0640
2022-11-14 2022-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 651,546 49,560 8.23 26,070 0.66 0.0596
2022-08-10 2022-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 601,986 104,721 21.06 25,898 2.46 0.0571
2022-05-04 2022-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 497,265 92,051 22.72 25,276 19.66 0.0490
2022-02-03 2021-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 405,214 30,030 8.00 21,124 18.16 0.0400
2021-11-05 2021-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 375,184 75,585 25.23 17,877 24.17 0.0373
2021-08-02 2021-06-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 299,599 30,754 11.44 14,397 19.55 0.0312
2021-05-13 2021-03-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 268,845 26,929 11.13 12,043 22.60 0.0290
2021-02-10 2020-12-31 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 241,916 107,539 80.03 9,823 105.29 0.0262
2020-11-12 2020-09-30 13F FIDELITY COVINGTON TRUST VLU FACTOR ETF 316092782 134,377 6,765 5.30 4,785 11.38 0.0143
2020-08-14 2020-06-30 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 127,612 46,847 58.00 4,296 88.84 0.0144
2020-05-18 2020-03-31 13F FIDELITY COVINGTON TR VLU FACTOR ETF 316092782 80,765 80,765 2,275 0.0093
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.