Vault-13

FIDELITY COVINGTON TRUST FDIS

MSCI CONSM DIS · ETP · CUSIP 316092204

168 institutional holders +6 vs Q2 2023
5,104,4915.1m shares reported held*
$356.4mreported value*
15 new 58 added 47 reduced 13 sold out net bought ≈ $10.1m (+128.8k 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.83. Options: 2 managers hold calls ($670.7k notional), 1 hold puts ($48.9k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 149Q1 23: 148Q2 23: 162Q3 23: 168168Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022144
Q4 2022149
Q1 2023148
Q2 2023162
Q3 2023168

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 63 bought or addedQ4 22: 61 cut or sold outQ4 22Q1 23: 63 bought or addedQ1 23: 64 cut or sold outQ1 23Q2 23: 79 bought or addedQ2 23: 56 cut or sold outQ2 23Q3 23: 73 bought or addedQ3 23: 60 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226361
Q1 20236364
Q2 20237956
Q3 20237360

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 22 calls: $379.8kQ4 22 puts: $300.4kQ4 22P/C 0.79Q1 23 calls: $1.3mQ1 23 puts: $419.1kQ1 23P/C 0.33Q2 23 calls: $857.8kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $670.7kQ3 23 puts: $48.9kQ3 23P/C 0.07
Numbers
QuarterCallsPutsP/C
Q4 2022$379.8k$300.4k0.79
Q1 2023$1.3m$419.1k0.33
Q2 2023$857.8k$00.00
Q3 2023$670.7k$48.9k0.07

Biggest buyers

Lido Advisors, LLC Added +73,835+73.8k
AE Wealth Management LLC Added +40,610+40.6k
ENVESTNET ASSET MANAGEMENT INC Added +35,815+35.8k
AGF MANAGEMENT LTD Added +29,892+29.9k
BANK OF AMERICA CORP /DE/ Added +28,934+28.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +26,493+26.5k
OSAIC HOLDINGS, INC. Added +26,463+26.5k
EP Wealth Advisors, LLC Added +22,526+22.5k
MONUMENTAL FINANCIAL GROUP INC. Added +15,737+15.7k
ATLAS CAPITAL ADVISORS INC. Added +14,369+14.4k

Biggest sellers

Aprio Wealth Management, LLC Sold out -108,852-108.9k
Prostatis Group LLC Sold out -45,125-45.1k
JANE STREET GROUP, LLC Reduced -28,423-28.4k
Raymond James Financial Services Advisors, Inc. Reduced -18,561-18.6k
Atria Wealth Solutions, Inc. Reduced -13,879-13.9k
Fisher Asset Management, LLC Reduced -7,704-7.7k
MARSHALL WACE, LLP Reduced -7,100-7.1k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -6,894-6.9k
MML INVESTORS SERVICES, LLC Reduced -6,219-6.2k
Argent Trust Co Sold out -5,267-5.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $670.7k9.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $48.9k700 shares

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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 0.88% of their portfolio Los Angeles, CA 1,120,7481.1m $78.3m $78.3m 0.88% Added +73.8k +73,835
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 646,376646.4k $45.2m $45.2m 0.01% Reduced -6.9k -6,894
3 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 229,662229.7k $16.0m $16.0m 0.01% Added +35.8k +35,815
4 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 209,407209.4k $14.6m $14.6m 0.03% Added +12 +12
5 Algorithmic Investment Models, LLC 8.06% of their portfolio Boston, MA 160,064160.1k $11.2m $11.2m 8.06% Reduced -4.1k -4,062
6 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 153,394153.4k $10.7m $10.7m 0.02% Added +26.5k +26,463
7 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 150,705150.7k $10.5m $10.5m 0.06% Added +40.6k +40,610
8 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 116,841116.8k $8.2m $8.2m 0.00% Reduced -7.7k -7,704
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 109,491109.5k $7.6m $7.6m 0.00% Added +28.9k +28,934
10 MONUMENTAL FINANCIAL GROUP INC. 4.62% of their portfolio ROCKVILLE, MD 99,42899.4k $6.9m $6.9m 4.62% Added +15.7k +15,737
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 99,11599.1k $6.9m $6.9m 0.00% Added +1.8k +1,831
12 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 90,38790.4k $6.3m $6.3m 0.01% Added +698 +698
13 ATLAS CAPITAL ADVISORS INC. 1.02% of their portfolio JACKSON, WY 89,10989.1k $6.2m $6.2m 1.02% Added +14.4k +14,369
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 83,78383.8k $5.9m $5.9m 0.00% Added +4.5k +4,464
15 Connectus Wealth, LLC 0.12% of their portfolio CINCINNATI, OH 76,88676.9k $5.4m $5.4m 0.12% Reduced -554 -554
16 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 65,63965.6k $4.6m $4.6m 0.03% Added +29.9k +29,892
17 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 63,13463.1k $4.4m $4.4m 0.01% Reduced -18.6k -18,561
18 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 57,28257.3k $4.0m $4.0m 0.02% Reduced -4.2k -4,213
19 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 55,66555.7k $3.9m $3.9m 0.01% Reduced -262 -262
20 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 54,30554.3k $3.8m $3.8m 0.05% Reduced -13.9k -13,879
21 SFI Advisors, LLC 3.62% of their portfolio Montclair, NJ 53,06153.1k $3.7m $3.7m 3.62% Added +4.8k +4,785
22 Mariner, LLC 0.01% of their portfolio Overland Park, KS 51,84251.8k $3.6m $3.6m 0.01% Reduced -417 -417
23 KCM INVESTMENT ADVISORS LLC 0.15% of their portfolio GREENBRAE, CA 50,65050.6k $3.5m $3.5m 0.15% Added +312 +312
24 RWA WEALTH PARTNERS, LLC 0.08% of their portfolio BOSTON, MA 50,62150.6k $3.5m $3.5m 0.08% Reduced -4.2k -4,196
25 CREATIVE FINANCIAL DESIGNS INC /ADV 0.39% of their portfolio KOKOMO, IN 48,34248.3k $3.4m $3.4m 0.39% Reduced -1.5k -1,531
26 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 46,60646.6k $3.1m $3.1m 0.07% Added +1.4k +1,365
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 42,74042.7k $3.0m $3.0m 0.00% Reduced -824 -824
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 40,76940.8k $2.8m $2.8m 0.00% Added +3.6k +3,553
29 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 40,14040.1k $2.8m $2.8m 0.03% Reduced -1.7k -1,721
30 Yoder Wealth Management, Inc. 2.03% of their portfolio WALNUT CREEK, CA 35,31135.3k $2.5m $2.5m 2.03% Added +589 +589
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 33,73233.7k $2.4m $2.4m 0.00% Added +26.5k +26,493
32 Exchange Capital Management, Inc. 0.44% of their portfolio Ann Arbor, MI 33,27033.3k $2.3m $2.3m 0.44% Reduced -333 -333
33 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 32,68632.7k $2.3m $2.3m 0.01% Added +1.3k +1,311
34 Soltis Investment Advisors LLC 0.28% of their portfolio ST. GEORGE, UT 31,42131.4k $2.2m $2.2m 0.28% Reduced -2.9k -2,936
35 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 31,39031.4k $2.2m $2.2m 0.01% Added +10.7k +10,683
36 Maltin Wealth Management, Inc. 1.42% of their portfolio RIDGEWOOD, NJ 29,09129.1k $2.0m $2.0m 1.42% Added +293 +293
37 PERSONAL CFO SOLUTIONS, LLC 0.38% of their portfolio CHESTER, NJ 27,61227.6k $1.9m $1.9m 0.38% Reduced -2.3k -2,269
38 Sigma Planning Corp 0.07% of their portfolio ANN ARBOR, MI 26,71126.7k $1.9m $1.9m 0.07% Added +1.6k +1,631
39 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 24,58224.6k $1.7m $1.7m 0.03% Added +11.1k +11,148
40 PENOBSCOT WEALTH MANAGEMENT 1.28% of their portfolio PORTLAND, ME 24,18624.2k $1.7m $1.7m 1.28% Reduced -250 -250
41 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 23,32623.3k $1.6m $1.6m 0.03% Added +22.5k +22,526
42 FMR LLC 0.00% of their portfolio BOSTON, MA 23,29123.3k $1.6m $1.6m 0.00% Reduced -2.0k -1,966
43 Smith Salley Wealth Management 0.12% of their portfolio GREENSBORO, NC 23,22523.2k $1.6m $1.6m 0.12% Added +4 +4
44 Lifeworks Advisors, LLC 0.56% of their portfolio GRAND RAPIDS, MI 20,50520.5k $1.4m $1.4m 0.56% Added +6.1k +6,078
45 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 20,11620.1k $1.4m $1.4m 0.04% Added +345 +345
46 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 19,99420.0k $1.4m $1.4m 0.00% Reduced -325 -325
47 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 19,57619.6k $1.4m $1.4m 0.01% Added +11.6k +11,575
48 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 18,11118.1k $1.3m $1.3m 0.09% Reduced -896 -896
49 AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio CARLSBAD, CA 18,11118.1k $1.3m $1.3m 0.04% Reduced -3.7k -3,678
50 Freedom Investment Management, Inc. 0.15% of their portfolio SOUTH WINDSOR, CT 18,01618.0k $1.3m $1.3m 0.15% Reduced -832 -832
51 Pathway Financial Advisers, LLC 0.51% of their portfolio AUBURN, IN 17,60917.6k $1.2m $1.2m 0.51% First filing
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,39317.4k $1.2m $1.2m 0.00% Added +1.3k +1,320
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 16,33616.3k $1.1m $1.1m 0.00% Added +1.8k +1,848
54 Ellis Investment Partners, LLC 0.28% of their portfolio Berwyn, PA 15,62515.6k $1.1m $1.1m 0.28% Reduced -84 -84
55 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 15,61915.6k $1.1m $1.1m 0.05% Reduced -348 -348
56 CAXTON ASSOCIATES LP 0.15% of their portfolio NEW YORK, NY 15,46515.5k $1.1m $1.1m 0.15% Unchanged
57 LYNCH & ASSOCIATES/IN 0.26% of their portfolio EVANSVILLE, IN 13,93413.9k $973.4k $973.4k 0.26% Added +632 +632
58 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 11,39811.4k $796.3k $796.3k 0.02% Added +791 +791
59 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 10,85210.9k $758.1k $758.1k 0.01% Reduced -3.1k -3,123
60 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,66310.7k $745.0k $745.0k 0.00% Reduced -6.2k -6,219
61 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 10,66310.7k $744.9k $744.9k 0.03% Reduced -983 -983
62 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 10,46210.5k $730.8k $730.8k 0.00% Added +3.1k +3,132
63 SOUTHERN CAPITAL ADVISORS, LLC 0.56% of their portfolio Jackson, TN 9,6859.7k $676.6k $676.6k 0.56% Added +47 +47
64 MAGNOLIA CAPITAL MANAGEMENT LTD 0.61% of their portfolio COLD SPRING, NY 9,0109.0k $629.0k $629.0k 0.61% Unchanged
65 Charter Oak Capital Management, LLC 0.08% of their portfolio PORTSMOUTH, NH 8,8458.8k $617.9k $617.9k 0.08% Reduced -624 -624
66 Regal Investment Advisors LLC 0.05% of their portfolio KENTWOOD, MI 8,5178.5k $595.0k $595.0k 0.05% New
67 LEVEL FOUR ADVISORY SERVICES, LLC 0.04% of their portfolio DALLAS, TX 8,4778.5k $592.2k $592.2k 0.04% Unchanged
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,4598.5k $591.0k $591.0k 0.00% Added +2.1k +2,101
69 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.42% of their portfolio WALTHAM, MA 8,3518.4k $583.5k $583.5k 0.42% Added +6.8k +6,797
70 Stonebridge Financial Planning Group, LLC 0.37% of their portfolio ORLANDO, FL 8,2478.2k $576.1k $576.1k 0.37% Added +2.8k +2,805
71 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 8,1248.1k $567.5k $567.5k 0.00% Added +272 +272
72 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 7,5877.6k $530.0k $530.0k 0.05% Added +856 +856
73 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 7,2107.2k $503.7k $503.7k 0.07% Reduced -333 -333
74 HALL CAPITAL MANAGEMENT CO INC 0.32% of their portfolio BARRINGTON, RI 7,1217.1k $497.5k $497.5k 0.32% Reduced -207 -207
75 Investors Research Corp 0.13% of their portfolio ATLANTA, GA 7,0827.1k $494.7k $494.7k 0.13% Added +137 +137
76 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 6,8896.9k $481.3k $481.3k 0.02% Reduced -56 -56
77 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 6,8716.9k $480.0k $480.0k 0.02% Added +200 +200
78 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 6,6066.6k $461.0k $461.0k 0.04% Added +2.7k +2,665
79 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,3606.4k $444.3k $444.3k 0.00% Reduced -28.4k -28,423
80 VALLEY NATIONAL ADVISERS INC 0.08% of their portfolio BETHLEHEM, PA 6,2466.2k $437.0k $437.0k 0.08% Reduced -139 -139
81 World Investment Advisors 0.08% of their portfolio LINCROFT, NJ 6,1196.1k $427.4k $427.4k 0.08% Added +1 +1
82 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 5,9185.9k $413.4k $413.4k 0.04% Added +1.9k +1,886
83 Eley Financial Management, Inc 0.20% of their portfolio SOUTH BURLINGTON, VT 5,7815.8k $401.8k $401.8k 0.20% Reduced -44 -44
84 Fifth Third Securities, Inc. 0.04% of their portfolio Cincinnati, OH 5,6955.7k $397.9k $397.9k 0.04% Unchanged
85 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 5,4685.5k $382.0k $382.0k 0.01% Added +1.5k +1,523
86 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,0025.0k $349.5k $349.5k 0.00% New
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,8084.8k $335.9k $335.9k 0.00% Added +948 +948
88 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 4,7644.8k $332.8k $332.8k 0.01% Reduced -157 -157
89 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 4,5744.6k $319.5k $319.5k 0.02% New
90 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 4,5434.5k $317.4k $317.4k 0.00% Reduced -7.1k -7,100
91 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 4,3394.3k $303.0k $303.0k 0.00% Added +174 +174
92 WHALEROCK POINT PARTNERS, LLC 0.10% of their portfolio West Palm Beach, FL 4,2734.3k $298.5k $298.5k 0.10% Added +1 +1
93 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 4,2334.2k $295.7k $295.7k 0.01% Added +4.0k +4,047
94 Crumly & Associates Inc. 0.12% of their portfolio SPRINGFIELD, IL 4,2164.2k $294.5k $294.5k 0.12% Unchanged
95 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,0984.1k $286.3k $286.3k 0.00% Reduced -1.6k -1,566
96 Birchcreek Wealth Management, LLC 0.19% of their portfolio MIAMI TOWNSHIP, OH 4,0324.0k $281.6k $281.6k 0.19% Reduced -4.7k -4,713
97 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 3,9173.9k $273.6k $273.6k 0.00% First filing
98 HARBOR INVESTMENT ADVISORY, LLC 0.03% of their portfolio LUTHERVILLE, MD 3,8283.8k $267.4k $267.4k 0.03% Added +1 +1
99 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 3,5873.6k $250.6k $250.6k 0.00% New
100 PFG Advisors 0.02% of their portfolio Phoenix, AZ 3,3043.3k $230.8k $230.8k 0.02% Added +2 +2