Vault-13

FIDELITY COVINGTON TRUST FDIS

MSCI CONSM DIS · ETP · CUSIP 316092204

194 institutional holders +26 vs Q3 2023
6,241,3936.2m shares reported held*
$491.7mreported value*
36 new 54 added 61 reduced 16 sold out net bought ≈ $87.6m (+1.1m 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.78. Options: 2 managers hold calls ($307.9k notional), 1 hold puts ($7.9k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 149Q1 23: 148Q2 23: 162Q3 23: 168Q4 23: 194194Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022144
Q4 2022149
Q1 2023148
Q2 2023162
Q3 2023168
Q4 2023194

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 23Q4 23: 90 bought or addedQ4 23: 77 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226361
Q1 20236364
Q2 20237956
Q3 20237360
Q4 20239077

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 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 0.07Q4 23 calls: $307.9kQ4 23 puts: $7.9kQ4 23P/C 0.03
Numbers
QuarterCallsPutsP/C
Q1 2023$1.3m$419.1k0.33
Q2 2023$857.8k$00.00
Q3 2023$670.7k$48.9k0.07
Q4 2023$307.9k$7.9k0.03

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +603,520+603.5k
VICUS CAPITAL New +173,105+173.1k
MORGAN STANLEY Added +152,403+152.4k
Destiny Wealth Partners, LLC New +114,302+114.3k
Lido Advisors, LLC Added +113,654+113.7k
AE Wealth Management LLC Added +75,473+75.5k
MONUMENTAL FINANCIAL GROUP INC. Added +67,784+67.8k
JPMORGAN CHASE & CO Added +49,100+49.1k
BANK OF AMERICA CORP /DE/ Added +46,442+46.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +44,516+44.5k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -104,737-104.7k
Algorithmic Investment Models, LLC Reduced -103,159-103.2k
Connectus Wealth, LLC Reduced -65,359-65.4k
OSAIC HOLDINGS, INC. Reduced -63,772-63.8k
Raymond James Financial Services Advisors, Inc. Reduced -55,305-55.3k
Soltis Investment Advisors LLC Reduced -24,348-24.3k
AMERIPRISE FINANCIAL INC Reduced -22,915-22.9k
Atria Wealth Solutions, Inc. Reduced -19,802-19.8k
Freedom Investment Management, Inc. Sold out -18,016-18.0k
Sigma Planning Corp Reduced -17,625-17.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $307.9k3.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $7.9k100 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 1,249,8961.2m $98.7m $98.7m 0.03% Added +603.5k +603,520
2 Lido Advisors, LLC 0.97% of their portfolio Los Angeles, CA 1,234,4021.2m $97.4m $97.4m 0.97% Added +113.7k +113,654
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 251,518251.5k $19.9m $19.9m 0.00% Added +152.4k +152,403
4 AE Wealth Management LLC 0.09% of their portfolio TOPEKA, KS 226,178226.2k $17.3m $17.3m 0.09% Added +75.5k +75,473
5 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 206,787206.8k $16.3m $16.3m 0.03% Reduced -2.6k -2,620
6 VICUS CAPITAL 1.38% of their portfolio STATE COLLEGE, PA 173,105173.1k $13.7m $13.7m 1.38% New
7 MONUMENTAL FINANCIAL GROUP INC. 7.87% of their portfolio ROCKVILLE, MD 167,212167.2k $13.2m $13.2m 7.87% Added +67.8k +67,784
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 155,933155.9k $12.3m $12.3m 0.00% Added +46.4k +46,442
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 124,925124.9k $9.9m $9.9m 0.00% Reduced -104.7k -104,737
10 Destiny Wealth Partners, LLC 1.63% of their portfolio TAVARES, FL 114,302114.3k $8.7m $8.7m 1.63% New
11 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 107,061107.1k $8.5m $8.5m 0.00% Reduced -9.8k -9,780
12 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 93,28593.3k $7.4m $7.4m 0.04% Added +27.6k +27,646
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 91,84091.8k $7.2m $7.2m 0.00% Added +49.1k +49,100
14 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 90,51990.5k $7.1m $7.1m 0.01% Added +132 +132
15 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 89,62289.6k $7.1m $7.1m 0.01% Reduced -63.8k -63,772
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 89,12389.1k $7.0m $7.0m 0.00% Added +5.3k +5,340
17 ATLAS CAPITAL ADVISORS INC. 0.84% of their portfolio JACKSON, WY 73,80573.8k $5.8m $5.8m 0.84% Reduced -15.3k -15,304
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 57,21457.2k $4.5m $4.5m 0.01% Added +1.5k +1,549
19 Algorithmic Investment Models, LLC 3.41% of their portfolio Boston, MA 56,90556.9k $4.5m $4.5m 3.41% Reduced -103.2k -103,159
20 CREATIVE FINANCIAL DESIGNS INC /ADV 0.43% of their portfolio KOKOMO, IN 54,14154.1k $4.3m $4.3m 0.43% Added +5.8k +5,799
21 Mariner, LLC 0.01% of their portfolio Overland Park, KS 51,62651.6k $4.1m $4.1m 0.01% Reduced -216 -216
22 SFI Advisors, LLC 3.45% of their portfolio Montclair, NJ 51,22251.2k $4.0m $4.0m 3.45% Reduced -1.8k -1,839
23 KCM INVESTMENT ADVISORS LLC 0.16% of their portfolio GREENBRAE, CA 50,40750.4k $4.0m $4.0m 0.16% Reduced -243 -243
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 49,32449.3k $3.9m $3.9m 0.00% Added +44.5k +44,516
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 44,50344.5k $3.5m $3.5m 0.01% Reduced -12.8k -12,779
26 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 44,11044.1k $3.5m $3.5m 0.07% Reduced -2.5k -2,496
27 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 41,23741.2k $3.3m $3.3m 0.03% Added +1.1k +1,097
28 RWA WEALTH PARTNERS, LLC 0.05% of their portfolio BOSTON, MA 40,52440.5k $3.2m $3.2m 0.05% Reduced -10.1k -10,097
29 LINCOLN NATIONAL CORP 0.05% of their portfolio RADNOR, PA 37,47637.5k $3.0m $3.0m 0.05% Added +12.9k +12,894
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,23335.2k $2.8m $2.8m 0.00% Added +1.5k +1,501
31 Yoder Wealth Management, Inc. 1.95% of their portfolio WALNUT CREEK, CA 34,96435.0k $2.8m $2.8m 1.95% Reduced -347 -347
32 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 34,50334.5k $2.7m $2.7m 0.03% Reduced -19.8k -19,802
33 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 33,10933.1k $2.6m $2.6m 0.06% Added +21.7k +21,711
34 Exchange Capital Management, Inc. 0.47% of their portfolio Ann Arbor, MI 32,87832.9k $2.6m $2.6m 0.47% Reduced -392 -392
35 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 31,67431.7k $2.5m $2.5m 0.01% Reduced -1.0k -1,012
36 Maltin Wealth Management, Inc. 1.45% of their portfolio RIDGEWOOD, NJ 28,80928.8k $2.3m $2.3m 1.45% Reduced -282 -282
37 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 27,41527.4k $2.1m $2.1m 0.02% New
38 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 27,41527.4k $2.1m $2.1m 0.02% New
39 FMR LLC 0.00% of their portfolio BOSTON, MA 26,25626.3k $2.1m $2.1m 0.00% Added +3.0k +2,965
40 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 25,04725.0k $2.0m $2.0m 0.01% Reduced -6.3k -6,343
41 Chevy Chase Trust Holdings, LLC 0.01% of their portfolio BETHESDA, MD 24,85924.9k $2.0m $2.0m 0.01% New
42 PENOBSCOT WEALTH MANAGEMENT 1.27% of their portfolio PORTLAND, ME 23,90923.9k $1.9m $1.9m 1.27% Reduced -277 -277
43 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 23,38223.4k $1.8m $1.8m 0.02% Added +56 +56
44 Smith Salley Wealth Management 0.12% of their portfolio GREENSBORO, NC 23,24723.2k $1.8m $1.8m 0.12% Added +22 +22
45 CX Institutional 0.10% of their portfolio AUBURN, IN 22,62922.6k $1.8m $1.8m 0.10% New
46 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 21,37221.4k $1.7m $1.7m 0.00% Added +16.8k +16,829
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,17020.2k $1.6m $1.6m 0.00% Added +2.8k +2,777
48 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 19,99520.0k $1.6m $1.6m 0.01% Added +419 +419
49 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 19,94219.9k $1.6m $1.6m 0.04% Reduced -174 -174
50 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 19,26419.3k $1.5m $1.5m 0.09% Added +1.2k +1,153
51 Heck Capital Advisors, LLC 0.25% of their portfolio Rhinelander, WI 19,11919.1k $1.5m $1.5m 0.25% New
52 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 18,70418.7k $1.5m $1.5m 0.00% Reduced -1.3k -1,290
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 18,24518.2k $1.4m $1.4m 0.00% Added +1.9k +1,909
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 17,85417.9k $1.4m $1.4m 0.00% Reduced -22.9k -22,915
55 Pathway Financial Advisers, LLC 0.52% of their portfolio AUBURN, IN 17,43617.4k $1.4m $1.4m 0.52% Reduced -173 -173
56 Ellis Investment Partners, LLC 0.29% of their portfolio Berwyn, PA 15,85215.9k $1.3m $1.3m 0.29% Added +227 +227
57 LYNCH & ASSOCIATES/IN 0.30% of their portfolio EVANSVILLE, IN 15,63615.6k $1.2m $1.2m 0.30% Added +1.7k +1,702
58 HBW ADVISORY SERVICES LLC 0.23% of their portfolio SIMI VALLEY, CA 15,42815.4k $1.2m $1.2m 0.23% New
59 VCI Wealth Management LLC 0.70% of their portfolio ST LOUIS, MO 14,65114.7k $1.2m $1.2m 0.70% First filing
60 Ameritas Advisory Services, LLC 0.06% of their portfolio Lincoln, NE 14,44814.4k $1.2m $1.2m 0.06% Reduced -1.2k -1,171
61 Lifeworks Advisors, LLC 0.37% of their portfolio GRAND RAPIDS, MI 13,66513.7k $1.1m $1.1m 0.37% Reduced -6.8k -6,840
62 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,33713.3k $1.1m $1.1m 0.00% Added +12.5k +12,476
63 Connectus Wealth, LLC 0.02% of their portfolio CINCINNATI, OH 11,52711.5k $910.9k $910.9k 0.02% Reduced -65.4k -65,359
64 SOUTHERN CAPITAL ADVISORS, LLC 0.64% of their portfolio Jackson, TN 11,43311.4k $902.5k $902.5k 0.64% Added +1.7k +1,748
65 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 11,29711.3k $891.8k $891.8k 0.00% Added +835 +835
66 PERSONAL CFO SOLUTIONS, LLC 0.15% of their portfolio CHESTER, NJ 11,01411.0k $869.5k $869.5k 0.15% Reduced -16.6k -16,598
67 Q3 Asset Management 0.21% of their portfolio BIRMINGHAM, MI 10,76810.8k $850.0k $850.0k 0.21% New
68 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 10,65510.7k $823.9k $823.9k 0.03% Reduced -8 -8
69 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 9,8469.8k $777.2k $777.2k 0.01% Reduced -1.0k -1,006
70 Stonebridge Financial Planning Group, LLC 0.42% of their portfolio ORLANDO, FL 9,2879.3k $733.1k $733.1k 0.42% Added +1.0k +1,040
71 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 9,0869.1k $717.3k $717.3k 0.06% Reduced -17.6k -17,625
72 MAGNOLIA CAPITAL MANAGEMENT LTD 0.65% of their portfolio COLD SPRING, NY 9,0109.0k $711.0k $711.0k 0.65% Unchanged
73 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 8,6828.7k $685.4k $685.4k 0.02% Reduced -9.4k -9,429
74 LEVEL FOUR ADVISORY SERVICES, LLC 0.04% of their portfolio DALLAS, TX 8,3778.4k $661.3k $661.3k 0.04% Reduced -100 -100
75 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 8,3768.4k $661.0k $661.0k 0.06% Added +789 +789
76 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,3758.4k $661.0k $661.0k 0.00% Reduced -2.3k -2,288
77 Charter Oak Capital Management, LLC 0.08% of their portfolio PORTSMOUTH, NH 8,2628.3k $652.2k $652.2k 0.08% Reduced -583 -583
78 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 8,1378.1k $642.4k $642.4k 0.02% Added +1.2k +1,248
79 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.40% of their portfolio WALTHAM, MA 7,9548.0k $628.0k $628.0k 0.40% Reduced -397 -397
80 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 7,8297.8k $618.0k $618.0k 0.00% Reduced -55.3k -55,305
81 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 7,7167.7k $609.1k $609.1k 0.02% Added +845 +845
82 Regal Investment Advisors LLC 0.05% of their portfolio KENTWOOD, MI 7,6477.6k $603.6k $603.6k 0.05% Reduced -870 -870
83 Investors Research Corp 0.14% of their portfolio ATLANTA, GA 7,5487.5k $595.8k $595.8k 0.14% Added +466 +466
84 Soltis Investment Advisors LLC 0.06% of their portfolio ST. GEORGE, UT 7,0737.1k $558.3k $558.3k 0.06% Reduced -24.3k -24,348
85 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 7,0347.0k $555.3k $555.3k 0.07% Reduced -176 -176
86 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 6,9246.9k $546.6k $546.6k 0.00% Added +3.3k +3,337
87 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 6,6556.7k $525.4k $525.4k 0.04% Added +737 +737
88 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 6,4616.5k $510.0k $510.0k 0.04% Reduced -145 -145
89 HALL CAPITAL MANAGEMENT CO INC 0.30% of their portfolio BARRINGTON, RI 6,3736.4k $503.1k $503.1k 0.30% Reduced -748 -748
90 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.10% of their portfolio CEDARBURG, WI 6,3066.3k $482.7k $482.7k 0.10% New
91 Fifth Third Securities, Inc. 0.05% of their portfolio Cincinnati, OH 6,1486.1k $485.3k $485.3k 0.05% Added +453 +453
92 World Investment Advisors 0.06% of their portfolio LINCROFT, NJ 6,0056.0k $474.0k $474.0k 0.06% Reduced -114 -114
93 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,7735.8k $455.7k $455.7k 0.00% New
94 Eley Financial Management, Inc 0.21% of their portfolio SOUTH BURLINGTON, VT 5,7185.7k $451.4k $451.4k 0.21% Reduced -63 -63
95 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 5,6765.7k $448.1k $448.1k 0.00% First filing
96 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 5,5185.5k $435.6k $435.6k 0.01% Added +50 +50
97 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,2625.3k $415.4k $415.4k 0.00% Added +260 +260
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,2565.3k $415.0k $415.0k 0.00% Reduced -3.2k -3,203
99 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 4,7524.8k $375.2k $375.2k 0.02% Added +1.5k +1,533
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,6634.7k $368.1k $368.1k 0.00% Added +565 +565