Vault-13

FIDELITY COVINGTON TRUST FELC

ENHANCED LARGE · ETP · CUSIP 316092113

159 institutional holders +16 vs Q4 2024
58,107,55458.1m shares reported held*
$1.8bnreported value*
28 new 85 added 26 reduced 10 sold out net bought ≈ $177.2m (+5.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $31.19. Options: 1 managers hold calls ($3.6m notional), 0 hold puts (—).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q4 23: 71Q1 24: 79Q2 24: 97Q3 24: 113Q4 24: 143Q1 25: 159159Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q4 202371
Q1 202479
Q2 202497
Q3 2024113
Q4 2024143
Q1 2025159

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q1 24: 58 bought or addedQ1 24: 22 cut or sold outQ1 24Q2 24: 60 bought or addedQ2 24: 27 cut or sold outQ2 24Q3 24: 77 bought or addedQ3 24: 28 cut or sold outQ3 24Q4 24: 95 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 113 bought or addedQ1 25: 36 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245822
Q2 20246027
Q3 20247728
Q4 20249526
Q1 202511336

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $3.6mQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$3.6m$00.00

Biggest buyers

Fragasso Financial Advisors Inc New +2,649,516+2.6m
GOLDMAN SACHS GROUP INC New +2,339,740+2.3m
HighTower Advisors, LLC Added +1,198,975+1.2m
COMMONWEALTH EQUITY SERVICES, LLC Added +703,058+703.1k
LPL Financial LLC Added +448,930+448.9k
Mascoma Wealth Management LLC New +344,651+344.7k
ROYAL BANK OF CANADA Added +255,339+255.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +199,161+199.2k
OSAIC HOLDINGS, INC. Added +186,895+186.9k
KFG WEALTH MANAGEMENT, LLC Added +183,017+183.0k

Biggest sellers

FMR LLC Reduced -3,389,897-3.4m
Salus Financial Advisors, LLC Reduced -842,275-842.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -123,400-123.4k
Focus Partners Wealth Reduced -67,577-67.6k
Advisory Alpha, LLC Reduced -21,222-21.2k
Parallel Advisors, LLC Reduced -18,233-18.2k
AAF Wealth Management, LLC Reduced -18,103-18.1k
Leo Wealth, LLC Reduced -15,114-15.1k
Advisory Services Network, LLC Reduced -11,674-11.7k
TWO SIGMA SECURITIES, LLC Sold out -8,879-8.9k

Biggest calls

EWG Elevate Inc. New $3.6m6.5k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.07% of their portfolio BOSTON, MA 35,797,90735.8m $1.1bn $1.1bn 0.07% Reduced -3.4m -3,389,897
2 COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio WALTHAM, MA 3,497,7403.5m $109.1m $109.1m 0.15% Added +703.1k +703,058
3 Fragasso Financial Advisors Inc 6.13% of their portfolio SEWICKLEY, PA 2,649,5162.6m $82.6m $82.6m 6.13% New
4 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,339,7402.3m $73.0m $73.0m 0.01% New
5 KFG WEALTH MANAGEMENT, LLC 11.55% of their portfolio GRANGER, IN 2,037,0632.0m $63.5m $63.5m 11.55% Added +183.0k +183,017
6 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 1,543,9691.5m $48.2m $48.2m 0.11% Added +186.9k +186,895
7 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,225,5831.2m $38.2m $38.2m 0.05% Added +1.2m +1,198,975
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,218,6731.2m $38.0m $38.0m 0.01% Added +448.9k +448,930
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 1,071,5461.1m $33.4m $33.4m 0.03% Added +199.2k +199,161
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 714,540714.5k $22.3m $22.3m 0.00% Added +114.8k +114,791
11 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 472,116472.1k $14.7m $14.7m 0.01% Added +107.6k +107,593
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 415,942415.9k $13.0m $13.0m 0.00% Added +34.6k +34,593
13 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 351,854351.9k $11.0m $11.0m 0.07% Added +70.3k +70,289
14 Mascoma Wealth Management LLC 2.68% of their portfolio HANOVER, NH 344,651344.7k $10.7m $10.7m 2.68% New
15 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 270,660270.7k $8.4m $8.4m 0.02% Added +182.2k +182,226
16 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 259,267259.3k $8.1m $8.1m 0.04% Added +51.6k +51,625
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 256,239256.2k $8.0m $8.0m 0.00% Added +255.3k +255,339
18 Financial Partners Group, Inc 1.02% of their portfolio Overland Park, KS 211,385211.4k $6.6m $6.6m 1.02% Added +35.4k +35,361
19 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 177,211177.2k $5.5m $5.5m 0.01% Added +160.0k +160,044
20 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 156,156156.2k $4.9m $4.9m 0.02% Added +7.1k +7,133
21 LINCOLN CAPITAL CORP 2.00% of their portfolio EAST GREENWICH, RI 153,983154.0k $4.8m $4.8m 2.00% Added +24.0k +24,026
22 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 153,074153.1k $4.8m $4.8m 0.02% Added +26.2k +26,187
23 Able Wealth Management LLC 2.80% of their portfolio Toms River, NJ 151,252151.3k $4.7m $4.7m 2.80% Reduced -2.6k -2,601
24 Williams & Novak, LLC 4.55% of their portfolio WESTLAKE VILLAGE, CA 148,549148.5k $4.7m $4.7m 4.55% Added +24.0k +23,992
25 KPP Advisory Services LLC 0.69% of their portfolio Louisville, KY 117,266117.3k $3.7m $3.7m 0.69% Added +13.5k +13,487
26 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 109,032109.0k $3.4m $3.4m 0.00% Added +10.3k +10,307
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 103,407103.4k $3.2m $3.2m 0.00% New
28 Rooted Wealth Advisors, Inc. 1.05% of their portfolio BOURBONNAIS, IL 86,48386.5k $2.4m $2.4m 1.05% Added +6.4k +6,385
29 FLAGSHIP WEALTH ADVISORS, LLC 1.11% of their portfolio WAKEFIELD, MA 84,48584.5k $2.6m $2.6m 1.11% New
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 72,15472.2k $2.3m $2.3m 0.00% New
31 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 68,72968.7k $2.1m $2.1m 0.01% Reduced -67.6k -67,577
32 SILVERLAKE WEALTH MANAGEMENT LLC 0.82% of their portfolio WILLISTON, VT 68,47968.5k $2.1m $2.1m 0.82% Added +8.8k +8,785
33 Rollins Financial Advisors, LLC 0.37% of their portfolio ATLANTA, GA 68,08968.1k $2.1m $2.1m 0.37% Reduced -726 -726
34 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 62,58462.6k $2.0m $2.0m 0.02% Added +54.1k +54,116
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 62,04862.0k $1.9m $1.9m 0.00% Added +62.0k +62,018
36 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 55,69155.7k $1.7m $1.7m 0.01% Added +43.4k +43,392
37 AAF Wealth Management, LLC 0.91% of their portfolio WESTBOROUGH, MA 53,91853.9k $1.7m $1.7m 0.91% Reduced -18.1k -18,103
38 Canvas Wealth Advisors, LLC 0.41% of their portfolio SHAWNEE, KS 53,79653.8k $1.6m $1.6m 0.41% Added +26.9k +26,859
39 SAX WEALTH ADVISORS, LLC 0.12% of their portfolio PARSIPPANY, NJ 53,25553.3k $1.7m $1.7m 0.12% Added +9.8k +9,758
40 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 49,20949.2k $1.5m $1.5m 0.00% New
41 Salus Financial Advisors, LLC 1.08% of their portfolio COLORADO SPRINGS, CO 45,95446.0k $1.4m $1.4m 1.08% Reduced -842.3k -842,275
42 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 45,57845.6k $1.4m $1.4m 0.00% Added +33.6k +33,615
43 B. Riley Wealth Advisors, Inc. 0.04% of their portfolio MEMPHIS, TN 39,77239.8k $1.2m $1.2m 0.04% Added +13.0k +13,008
44 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 36,63136.6k $1.1m $1.1m 0.01% New
45 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 35,75035.8k $1.1m $1.1m 0.01% Reduced -43 -43
46 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 34,95135.0k $1.1m $1.1m 0.03% New
47 Broadview Financial Management, LLC 0.78% of their portfolio WAUWATOSA, WI 33,60433.6k $1.0m $1.0m 0.78% Reduced -152 -152
48 Certified Advisory Corp 0.12% of their portfolio ALTAMONTE SPRINGS, FL 32,57632.6k $1.0m $1.0m 0.12% Added +75 +75
49 New England Private Wealth Advisors LLC 0.15% of their portfolio WELLESLEY, MA 31,25231.3k $974.8k $974.8k 0.15% Added +992 +992
50 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 30,83530.8k $961.7k $961.7k 0.01% Added +2.6k +2,596
51 FLAGSHIP HARBOR ADVISORS, LLC 0.05% of their portfolio BOSTON, MA 28,30828.3k $882.9k $882.9k 0.05% Added +10.5k +10,515
52 Signal Advisors Wealth, LLC 0.08% of their portfolio DETROIT, MI 27,21327.2k $848.8k $848.8k 0.08% Added +6.1k +6,095
53 MARIPAU WEALTH MANAGEMENT LLC 0.48% of their portfolio FORT WAYNE, IN 26,99627.0k $842.0k $842.0k 0.48% Added +5.9k +5,878
54 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 24,44524.4k $762.4k $762.4k 0.00% Added +1.8k +1,750
55 Apex Wealth Management, LLC 0.66% of their portfolio BEDFORD, NH 23,40723.4k $730.1k $730.1k 0.66% Reduced -1.7k -1,723
56 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 23,13623.1k $721.6k $721.6k 0.02% Added +3.1k +3,098
57 Mayfair Advisory Group, LLC 0.40% of their portfolio BIRMINGHAM, AL 22,16322.2k $691.3k $691.3k 0.40% Added +8.1k +8,146
58 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 21,03421.0k $656.1k $656.1k 0.04% Added +799 +799
59 IFG Advisory, LLC 0.04% of their portfolio ATLANTA, GA 20,77120.8k $647.8k $647.8k 0.04% Added +9.6k +9,550
60 BridgePort Financial Solutions, LLC 0.28% of their portfolio FAIRFIELD, IA 20,00320.0k $623.9k $623.9k 0.28% Reduced -1.5k -1,500
61 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 19,88619.9k $620.2k $620.2k 0.01% Reduced -11.7k -11,674
62 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 19,60019.6k $611.3k $611.3k 0.00% Reduced -123.4k -123,400
63 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 19,37719.4k $595.6k $595.6k 0.00% Added +7.3k +7,281
64 Mission Financial Group, LLC 0.63% of their portfolio HONOLULU, HI 18,85818.9k $684.0k $684.0k 0.63% First filing
65 Geneva Partners, LLC 0.30% of their portfolio LAKE GENEVA, WI 18,66218.7k $582.1k $582.1k 0.30% Added +8.6k +8,578
66 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 18,47918.5k $576.4k $576.4k 0.00% Added +502 +502
67 Lighthouse Financial LLC 0.50% of their portfolio LARGO, FL 18,39018.4k $573.6k $573.6k 0.50% Unchanged
68 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,05318.1k $563.1k $563.1k 0.00% Added +833 +833
69 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,23117.2k $537.4k $537.4k 0.00% Reduced -1.3k -1,264
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,16217.2k $535.3k $535.3k 0.00% Added +2.5k +2,549
71 Valeo Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 17,13317.1k $534.4k $534.4k 0.01% Added +745 +745
72 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 16,97917.0k $529.6k $529.6k 0.02% New
73 ABLE Financial Group, LLC 0.15% of their portfolio SCOTTSDALE, AZ 16,97517.0k $529.5k $529.5k 0.15% Unchanged
74 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 16,61416.6k $518.2k $518.2k 0.01% New
75 Capital Analysts, LLC 0.02% of their portfolio FORT WASHINGTON, PA 15,98516.0k $498.0k $498.0k 0.02% Added +14.5k +14,454
76 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 15,17115.2k $473.2k $473.2k 0.01% Added +161 +161
77 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 13,66213.7k $426.1k $426.1k 0.00% Added +608 +608
78 NCM Capital Management, LLC 0.19% of their portfolio RAMSEY, NJ 13,32513.3k $415.6k $415.6k 0.19% Added +39 +39
79 Element Wealth, LLC 0.21% of their portfolio RIDGELAND, MS 12,37812.4k $386.1k $386.1k 0.21% Added +6.9k +6,942
80 Peak Retirement Planning, Inc. 0.21% of their portfolio COLUMBUS, OH 12,12512.1k $378.2k $378.2k 0.21% Added +34 +34
81 Prosperity Wealth Management, Inc. 0.18% of their portfolio San Ramon, CA 11,94011.9k $372.4k $372.4k 0.18% Added +2.5k +2,524
82 Hudock, Inc. 0.06% of their portfolio Williamsport, PA 11,86011.9k $369.9k $369.9k 0.06% Unchanged
83 Madison Wealth Partners, Inc 0.09% of their portfolio MADISON, WI 11,50111.5k $358.7k $358.7k 0.09% Added +111 +111
84 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 11,32011.3k $353.1k $353.1k 0.03% Added +274 +274
85 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 11,15011.2k $347.8k $347.8k 0.00% New
86 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 11,15011.2k $347.8k $347.8k 0.00% New
87 Northstar Financial Companies, Inc. 0.36% of their portfolio CONSHOHOCKEN, PA 10,67210.7k $332.9k $332.9k 0.36% Reduced -6.9k -6,915
88 Betterment LLC 0.00% of their portfolio NEW YORK, NY 10,49510.5k $327.0k $327.0k 0.00% New
89 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,48810.5k $327.1k $327.1k 0.00% Added +2.9k +2,936
90 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 10,31310.3k $321.7k $321.7k 0.01% Reduced -21.2k -21,222
91 WealthCare Investment Partners, LLC 0.12% of their portfolio PORTSMOUTH, RI 10,03910.0k $288.0k $288.0k 0.12% Unchanged
92 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 9,99110.0k $311.6k $311.6k 0.00% Added +22 +22
93 FLORIDA FINANCIAL ADVISORS, LLC 0.12% of their portfolio TAMPA, FL 9,8149.8k $306.1k $306.1k 0.12% New
94 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 9,5789.6k $298.7k $298.7k 0.01% New
95 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 9,5739.6k $298.6k $298.6k 0.00% Unchanged
96 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 9,4819.5k $295.7k $295.7k 0.01% New
97 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 9,3559.4k $291.8k $291.8k 0.01% Unchanged
98 Financial Perspectives, Inc 0.10% of their portfolio MINNEAPOLIS, MN 9,0099.0k $281.0k $281.0k 0.10% Added +902 +902
99 CWM, LLC 0.00% of their portfolio OMAHA, NE 8,6028.6k $268.0k $268.0k 0.00% Added +8.3k +8,300
100 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 8,4998.5k $265.1k $265.1k 0.00% Added +1.0k +1,014