Vault-13

FIDELITY COVINGTON TRUST FELC

ENHANCED LARGE · ETP · CUSIP 316092113

177 institutional holders +18 vs Q1 2025
59,384,34459.4m shares reported held*
$2.0bnreported value*
29 new 80 added 42 reduced 14 sold out net bought ≈ $43.4m (+1.3m 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 ≈ $34.49.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q4 23: 71Q1 24: 79Q2 24: 97Q3 24: 113Q4 24: 143Q1 25: 159Q2 25: 177177Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202371
Q1 202479
Q2 202497
Q3 2024113
Q4 2024143
Q1 2025159
Q2 2025177

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 25Q2 25: 109 bought or addedQ2 25: 56 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245822
Q2 20246027
Q3 20247728
Q4 20249526
Q1 202511336
Q2 202510956

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 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 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$3.6m$00.00
Q2 2025$0$0—

Biggest buyers

EdgeRock Capital LLC New +1,887,103+1.9m
JANE STREET GROUP, LLC Added +1,099,761+1.1m
LPL Financial LLC Added +922,466+922.5k
Fragasso Financial Advisors Inc Added +645,996+646.0k
Kestra Advisory Services, LLC Added +290,320+290.3k
FORTRESS FINANCIAL GROUP, LLC New +238,410+238.4k
HighTower Advisors, LLC Added +233,645+233.6k
CWM, LLC Added +222,264+222.3k
Priebe Wealth Holdings LLC New +218,695+218.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +206,978+207.0k

Biggest sellers

FMR LLC Reduced -2,405,712-2.4m
GOLDMAN SACHS GROUP INC Reduced -2,267,902-2.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -437,044-437.0k
OSAIC HOLDINGS, INC. Reduced -157,628-157.6k
JPMORGAN CHASE & CO Reduced -116,351-116.4k
CITADEL ADVISORS LLC Reduced -80,812-80.8k
RAYMOND JAMES FINANCIAL INC Reduced -44,828-44.8k
HRT FINANCIAL LP Sold out -36,631-36.6k
Tower Research Capital LLC (TRC) Reduced -33,635-33.6k
MML INVESTORS SERVICES, LLC Reduced -32,941-32.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.06% of their portfolio BOSTON, MA 33,392,19533.4m $1.2bn $1.2bn 0.06% Reduced -2.4m -2,405,712
2 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 3,537,7023.5m $122.0m $122.0m 0.16% Added +40.0k +39,962
3 Fragasso Financial Advisors Inc 7.66% of their portfolio SEWICKLEY, PA 3,295,5123.3m $113.7m $113.7m 7.66% Added +646.0k +645,996
4 KFG WEALTH MANAGEMENT, LLC 12.33% of their portfolio GRANGER, IN 2,224,3212.2m $76.7m $76.7m 12.33% Added +187.3k +187,258
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,141,1392.1m $73.8m $73.8m 0.02% Added +922.5k +922,466
6 EdgeRock Capital LLC 20.61% of their portfolio DENVER, CO 1,887,1031.9m $65.1m $65.1m 20.61% New
7 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 1,459,2281.5m $50.3m $50.3m 0.06% Added +233.6k +233,645
8 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 1,386,3411.4m $47.8m $47.8m 0.09% Reduced -157.6k -157,628
9 JANE STREET GROUP, LLC 0.08% of their portfolio NEW YORK, NY 1,370,4211.4m $47.3m $47.3m 0.08% Added +1.1m +1,099,761
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 634,502634.5k $21.9m $21.9m 0.02% Reduced -437.0k -437,044
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 598,189598.2k $20.6m $20.6m 0.00% Reduced -116.4k -116,351
12 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 549,587549.6k $19.0m $19.0m 0.09% Added +290.3k +290,320
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 437,534437.5k $15.1m $15.1m 0.00% Added +21.6k +21,592
14 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 427,288427.3k $14.7m $14.7m 0.01% Reduced -44.8k -44,828
15 Mascoma Wealth Management LLC 2.97% of their portfolio HANOVER, NH 370,885370.9k $12.8m $12.8m 2.97% Added +26.2k +26,234
16 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 368,414368.4k $12.7m $12.7m 0.07% Added +16.6k +16,560
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 310,156310.2k $10.7m $10.7m 0.00% Added +53.9k +53,917
18 FORTRESS FINANCIAL GROUP, LLC 6.96% of their portfolio ROCHESTER, MN 238,410238.4k $8.2m $8.2m 6.96% New
19 CWM, LLC 0.03% of their portfolio OMAHA, NE 230,866230.9k $8.0m $8.0m 0.03% Added +222.3k +222,264
20 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 224,140224.1k $7.8m $7.8m 0.01% Added +207.0k +206,978
21 Priebe Wealth Holdings LLC 6.53% of their portfolio MAPLE GROVE, MN 218,695218.7k $7.5m $7.5m 6.53% New
22 PRINCIPAL SECURITIES, INC. 0.13% of their portfolio DES MOINES, IA 193,241193.2k $6.7m $6.7m 0.13% Added +188.3k +188,279
23 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 186,678186.7k $6.4m $6.4m 0.01% Added +9.5k +9,467
24 Financial Partners Group, Inc 0.89% of their portfolio Overland Park, KS 186,226186.2k $6.4m $6.4m 0.89% Reduced -25.2k -25,159
25 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 164,458164.5k $5.7m $5.7m 0.05% Added +101.9k +101,874
26 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 156,612156.6k $5.4m $5.4m 0.02% Added +3.5k +3,538
27 LINCOLN CAPITAL CORP 2.07% of their portfolio EAST GREENWICH, RI 156,134156.1k $5.4m $5.4m 2.07% Added +2.2k +2,151
28 Williams & Novak, LLC 4.51% of their portfolio WESTLAKE VILLAGE, CA 153,685153.7k $5.3m $5.3m 4.51% Added +5.1k +5,136
29 Able Wealth Management LLC 2.65% of their portfolio Toms River, NJ 152,601152.6k $5.3m $5.3m 2.65% Added +1.3k +1,349
30 KPP Advisory Services LLC 0.86% of their portfolio Louisville, KY 151,857151.9k $5.2m $5.2m 0.86% Added +34.6k +34,591
31 FLAGSHIP WEALTH ADVISORS, LLC 1.86% of their portfolio WAKEFIELD, MA 142,783142.8k $4.9m $4.9m 1.86% Added +58.3k +58,298
32 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 123,215123.2k $4.2m $4.2m 0.01% Reduced -32.9k -32,941
33 Rooted Wealth Advisors, Inc. 1.13% of their portfolio BOURBONNAIS, IL 94,81494.8k $3.3m $3.3m 1.13% Added +8.3k +8,331
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 84,38784.4k $2.9m $2.9m 0.00% Reduced -24.6k -24,645
35 Canvas Wealth Advisors, LLC 0.53% of their portfolio SHAWNEE, KS 76,58076.6k $2.7m $2.7m 0.53% Added +22.8k +22,784
36 SILVERLAKE WEALTH MANAGEMENT LLC 0.77% of their portfolio WILLISTON, VT 75,39775.4k $2.6m $2.6m 0.77% Added +6.9k +6,918
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 71,83871.8k $2.5m $2.5m 0.00% Reduced -2.3m -2,267,902
38 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 68,15368.2k $2.4m $2.4m 0.01% Reduced -576 -576
39 Rollins Financial Advisors, LLC 0.37% of their portfolio ATLANTA, GA 67,57867.6k $2.3m $2.3m 0.37% Reduced -511 -511
40 SAX WEALTH ADVISORS, LLC 0.14% of their portfolio PARSIPPANY, NJ 65,93265.9k $2.3m $2.3m 0.14% Added +12.7k +12,677
41 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 63,10063.1k $2.2m $2.2m 0.00% Added +43.5k +43,500
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 57,84857.8k $2.0m $2.0m 0.00% Added +8.6k +8,639
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 57,14357.1k $2.0m $2.0m 0.00% Added +11.6k +11,565
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 54,65654.7k $1.9m $1.9m 0.00% Added +51.4k +51,359
45 Investmark Advisory Group LLC 0.88% of their portfolio Shelton, CT 54,49854.5k $1.9m $1.9m 0.88% New
46 AAF Wealth Management, LLC 0.84% of their portfolio WESTBOROUGH, MA 53,77053.8k $1.9m $1.9m 0.84% Reduced -148 -148
47 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 49,69349.7k $1.7m $1.7m 0.01% Reduced -6.0k -5,998
48 Betterment LLC 0.00% of their portfolio NEW YORK, NY 46,45846.5k $1.6m $1.6m 0.00% Added +36.0k +35,963
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 44,74044.7k $1.5m $1.5m 0.00% Reduced -27.4k -27,414
50 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 38,27438.3k $1.3m $1.3m 0.01% Added +7.4k +7,439
51 Salus Financial Advisors, LLC 0.87% of their portfolio COLORADO SPRINGS, CO 37,59737.6k $1.3m $1.3m 0.87% Reduced -8.4k -8,357
52 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 35,75035.8k $1.2m $1.2m 0.01% Unchanged
53 B. Riley Wealth Advisors, Inc. 0.06% of their portfolio MEMPHIS, TN 35,01935.0k $1.2m $1.2m 0.06% Reduced -4.8k -4,753
54 MARIPAU WEALTH MANAGEMENT LLC 0.60% of their portfolio FORT WAYNE, IN 34,55534.6k $1.2m $1.2m 0.60% Added +7.6k +7,559
55 Signal Advisors Wealth, LLC 0.09% of their portfolio DETROIT, MI 34,55534.6k $1.2m $1.2m 0.09% Added +7.3k +7,342
56 Certified Advisory Corp 0.12% of their portfolio ALTAMONTE SPRINGS, FL 32,66532.7k $1.1m $1.1m 0.12% Added +89 +89
57 New England Private Wealth Advisors LLC 0.17% of their portfolio WELLESLEY, MA 32,25332.3k $1.1m $1.1m 0.17% Added +1.0k +1,001
58 SUMMIT WEALTH GROUP LLC / CO 0.28% of their portfolio COLORADO SPRINGS, CO 32,20632.2k $1.1m $1.1m 0.28% First filing
59 Broadview Financial Management, LLC 0.74% of their portfolio WAUWATOSA, WI 31,39431.4k $1.1m $1.1m 0.74% Reduced -2.2k -2,210
60 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 29,72929.7k $1.0m $1.0m 0.00% Reduced -32.3k -32,319
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 29,10829.1k $1.0m $1.0m 0.00% Added +11.1k +11,055
62 FLAGSHIP HARBOR ADVISORS, LLC 0.05% of their portfolio BOSTON, MA 28,87328.9k $995.8k $995.8k 0.05% Added +565 +565
63 IFG Advisory, LLC 0.05% of their portfolio ATLANTA, GA 28,11228.1k $969.6k $969.6k 0.05% Added +7.3k +7,341
64 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 26,55526.6k $915.9k $915.9k 0.00% Added +2.1k +2,110
65 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 26,12226.1k $900.9k $900.9k 0.02% Added +9.1k +9,143
66 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 24,87124.9k $857.8k $857.8k 0.04% Added +3.8k +3,837
67 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 22,78322.8k $785.8k $785.8k 0.02% Reduced -353 -353
68 Mayfair Advisory Group, LLC 0.38% of their portfolio BIRMINGHAM, AL 22,63622.6k $802.7k $802.7k 0.38% Added +473 +473
69 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,59522.6k $779.3k $779.3k 0.00% Reduced -80.8k -80,812
70 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 20,76820.8k $726.9k $726.9k 0.01% Added +882 +882
71 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 20,13520.1k $694.6k $694.6k 0.00% Added +758 +758
72 BridgePort Financial Solutions, LLC 0.23% of their portfolio FAIRFIELD, IA 20,00320.0k $689.9k $689.9k 0.23% Unchanged
73 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 19,18819.2k $661.8k $661.8k 0.00% Added +709 +709
74 Geneva Partners, LLC 0.25% of their portfolio LAKE GENEVA, WI 18,19518.2k $627.5k $627.5k 0.25% Reduced -467 -467
75 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,69017.7k $610.1k $610.1k 0.00% Added +459 +459
76 Element Wealth, LLC 0.27% of their portfolio RIDGELAND, MS 16,78116.8k $578.8k $578.8k 0.27% Added +4.4k +4,403
77 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 16,62216.6k $573.3k $573.3k 0.01% Added +8 +8
78 Valeo Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 16,47316.5k $568.2k $568.2k 0.01% Reduced -660 -660
79 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 15,28315.3k $527.1k $527.1k 0.01% Added +112 +112
80 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 15,20915.2k $524.5k $524.5k 0.01% Added +5.6k +5,631
81 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 14,01414.0k $483.3k $483.3k 0.01% Added +6.7k +6,702
82 NCM Capital Management, LLC 0.19% of their portfolio RAMSEY, NJ 13,36113.4k $460.8k $460.8k 0.19% Added +36 +36
83 Harbor Asset Planning, Inc. 0.42% of their portfolio BELMONT, MA 12,86212.9k $443.6k $443.6k 0.42% First filing
84 Prosperity Wealth Management, Inc. 0.16% of their portfolio San Ramon, CA 12,47812.5k $430.4k $430.4k 0.16% Added +538 +538
85 Peak Retirement Planning, Inc. 0.17% of their portfolio COLUMBUS, OH 12,15812.2k $419.3k $419.3k 0.17% Added +33 +33
86 Hudock, Inc. 0.07% of their portfolio Williamsport, PA 11,86011.9k $409.1k $409.1k 0.07% Unchanged
87 Madison Wealth Partners, Inc 0.09% of their portfolio MADISON, WI 11,71511.7k $404.0k $404.0k 0.09% Added +214 +214
88 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 11,64411.6k $401.6k $401.6k 0.03% Added +324 +324
89 Lighthouse Financial LLC 0.29% of their portfolio LARGO, FL 11,05011.1k $381.1k $381.1k 0.29% Reduced -7.3k -7,340
90 Financial Perspectives, Inc 0.11% of their portfolio MINNEAPOLIS, MN 10,83210.8k $373.6k $373.6k 0.11% Added +1.8k +1,823
91 Northstar Financial Companies, Inc. 0.37% of their portfolio CONSHOHOCKEN, PA 10,43010.4k $359.7k $359.7k 0.37% Reduced -242 -242
92 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 10,05910.1k $346.9k $346.9k 0.00% Added +3.8k +3,828
93 WealthCare Investment Partners, LLC 0.13% of their portfolio PORTSMOUTH, RI 10,03910.0k $349.6k $349.6k 0.13% Unchanged
94 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 10,01410.0k $345.4k $345.4k 0.00% Added +23 +23
95 Axis Wealth Partners, LLC 0.22% of their portfolio EAST PROVIDENCE, RI 9,8889.9k $341.0k $341.0k 0.22% New
96 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 9,8239.8k $338.8k $338.8k 0.00% Reduced -665 -665
97 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 9,3559.4k $322.7k $322.7k 0.01% Unchanged
98 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 8,6658.7k $298.9k $298.9k 0.01% Added +368 +368
99 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 8,3718.4k $288.7k $288.7k 0.00% Reduced -128 -128
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,1848.2k $282.3k $282.3k 0.00% Added +5.4k +5,390