Vault-13

FIDELITY COVINGTON TRUST FDIS

MSCI CONSM DIS · ETP · CUSIP 316092204

187 institutional holders -7 vs Q4 2023
6,702,1576.7m shares reported held*
$552.5mreported value*
23 new 70 added 51 reduced 29 sold out net bought ≈ $37.7m (+456.7k 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 ($750.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.43. Options: 2 managers hold calls ($206.2k notional), 1 hold puts ($16.5k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 149Q1 23: 148Q2 23: 162Q3 23: 168Q4 23: 194Q1 24: 187187Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022144
Q4 2022149
Q1 2023148
Q2 2023162
Q3 2023168
Q4 2023194
Q1 2024187

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 23Q1 24: 93 bought or addedQ1 24: 80 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20226361
Q1 20236364
Q2 20237956
Q3 20237360
Q4 20239077
Q1 20249380

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ2 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 0.03Q1 24 calls: $206.2kQ1 24 puts: $16.5kQ1 24P/C 0.08
Numbers
QuarterCallsPutsP/C
Q2 2023$857.8k$00.00
Q3 2023$670.7k$48.9k0.07
Q4 2023$307.9k$7.9k0.03
Q1 2024$206.2k$16.5k0.08

Biggest buyers

MORGAN STANLEY Added +167,153+167.2k
JPMORGAN CHASE & CO Added +150,314+150.3k
Connectus Wealth, LLC Added +92,099+92.1k
AGF MANAGEMENT LTD Added +79,401+79.4k
JANE STREET GROUP, LLC New +24,779+24.8k
Cetera Investment Advisers New +24,733+24.7k
Thrivent Financial for Lutherans Added +24,019+24.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +19,913+19.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +17,156+17.2k
MONUMENTAL FINANCIAL GROUP INC. Added +16,443+16.4k

Biggest sellers

RWA WEALTH PARTNERS, LLC Sold out -40,524-40.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -28,184-28.2k
Orion Portfolio Solutions, LLC Sold out -27,415-27.4k
Orion Porfolio Solutions, LLC Sold out -27,415-27.4k
Chevy Chase Trust Holdings, LLC Sold out -24,859-24.9k
MARSHALL WACE, LLP Sold out -21,372-21.4k
AE Wealth Management LLC Reduced -20,259-20.3k
Cetera Advisor Networks LLC Sold out -19,995-20.0k
LPL Financial LLC Reduced -17,931-17.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -13,547-13.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $206.2k2.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $16.5k200 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,255,5071.3m $103.6m $103.6m 0.02% Added +5.6k +5,611
2 Lido Advisors, LLC 0.91% of their portfolio Los Angeles, CA 1,229,8381.2m $101.4m $101.4m 0.91% Reduced -4.6k -4,564
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 418,671418.7k $34.5m $34.5m 0.00% Added +167.2k +167,153
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 242,154242.2k $20.0m $20.0m 0.00% Added +150.3k +150,314
5 AE Wealth Management LLC 0.19% of their portfolio TOPEKA, KS 205,919205.9k $17.0m $17.0m 0.19% Reduced -20.3k -20,259
6 MONUMENTAL FINANCIAL GROUP INC. 8.06% of their portfolio ROCKVILLE, MD 183,655183.7k $15.1m $15.1m 8.06% Added +16.4k +16,443
7 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 178,603178.6k $14.7m $14.7m 0.02% Reduced -28.2k -28,184
8 VICUS CAPITAL 1.33% of their portfolio STATE COLLEGE, PA 177,280177.3k $14.6m $14.6m 1.33% Added +4.2k +4,175
9 AGF MANAGEMENT LTD 0.08% of their portfolio TORONTO, A6 172,686172.7k $14.2m $14.2m 0.08% Added +79.4k +79,401
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 163,516163.5k $13.5m $13.5m 0.00% Added +7.6k +7,583
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 111,378111.4k $9.2m $9.2m 0.00% Reduced -13.5k -13,547
12 Destiny Wealth Partners, LLC 1.57% of their portfolio TAVARES, FL 105,986106.0k $8.7m $8.7m 1.57% Reduced -8.3k -8,316
13 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 105,863105.9k $8.7m $8.7m 0.02% Added +16.2k +16,241
14 Connectus Wealth, LLC 0.23% of their portfolio CINCINNATI, OH 103,626103.6k $8.6m $8.6m 0.23% Added +92.1k +92,099
15 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 98,92798.9k $8.2m $8.2m 0.00% Reduced -8.1k -8,134
16 ATLAS CAPITAL ADVISORS INC. 1.09% of their portfolio JACKSON, WY 84,56684.6k $7.0m $7.0m 1.09% Added +10.8k +10,761
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 83,34883.3k $6.8m $6.8m 0.01% Reduced -7.2k -7,171
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 71,19271.2k $5.9m $5.9m 0.00% Reduced -17.9k -17,931
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 66,48066.5k $5.5m $5.5m 0.01% Added +17.2k +17,156
20 CREATIVE FINANCIAL DESIGNS INC /ADV 0.45% of their portfolio KOKOMO, IN 57,13357.1k $4.7m $4.7m 0.45% Added +3.0k +2,992
21 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 56,90556.9k $4.7m $4.7m 0.01% Reduced -309 -309
22 Mariner, LLC 0.01% of their portfolio Overland Park, KS 56,88956.9k $4.7m $4.7m 0.01% Added +5.3k +5,263
23 SFI Advisors, LLC 3.58% of their portfolio Montclair, NJ 55,35655.4k $4.6m $4.6m 3.58% Added +4.1k +4,134
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 55,14655.1k $4.5m $4.5m 0.01% Added +19.9k +19,913
25 Algorithmic Investment Models, LLC 3.11% of their portfolio Boston, MA 51,32151.3k $4.2m $4.2m 3.11% Reduced -5.6k -5,584
26 KCM INVESTMENT ADVISORS LLC 0.15% of their portfolio GREENBRAE, CA 50,67750.7k $4.2m $4.2m 0.15% Added +270 +270
27 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 47,67947.7k $3.9m $3.9m 0.03% Added +6.4k +6,442
28 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 45,92445.9k $3.8m $3.8m 0.07% Added +1.8k +1,814
29 LINCOLN NATIONAL CORP 0.05% of their portfolio RADNOR, PA 42,34842.3k $3.5m $3.5m 0.05% Added +4.9k +4,872
30 Advisory Services Network, LLC 0.07% of their portfolio ATLANTA, GA 37,46337.5k $3.1m $3.1m 0.07% Added +4.4k +4,354
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 34,75734.8k $2.9m $2.9m 0.01% Reduced -9.7k -9,746
32 Yoder Wealth Management, Inc. 1.87% of their portfolio WALNUT CREEK, CA 34,74334.7k $2.9m $2.9m 1.87% Reduced -221 -221
33 Exchange Capital Management, Inc. 0.43% of their portfolio Ann Arbor, MI 32,20032.2k $2.7m $2.7m 0.43% Reduced -678 -678
34 FMR LLC 0.00% of their portfolio BOSTON, MA 29,86029.9k $2.5m $2.5m 0.00% Added +3.6k +3,604
35 Maltin Wealth Management, Inc. 1.38% of their portfolio RIDGEWOOD, NJ 29,80629.8k $2.5m $2.5m 1.38% Added +997 +997
36 PENOBSCOT WEALTH MANAGEMENT 1.53% of their portfolio PORTLAND, ME 29,34529.3k $2.4m $2.4m 1.53% Added +5.4k +5,436
37 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 28,08828.1k $2.3m $2.3m 0.00% Added +24.0k +24,019
38 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 27,49327.5k $2.3m $2.3m 0.03% Reduced -7.0k -7,010
39 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 26,20726.2k $2.2m $2.2m 0.01% Added +1.2k +1,160
40 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 25,52225.5k $2.1m $2.1m 0.01% Reduced -6.2k -6,152
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 24,77924.8k $2.0m $2.0m 0.00% New
42 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 24,73324.7k $2.0m $2.0m 0.00% New
43 Smith Salley Wealth Management 0.16% of their portfolio GREENSBORO, NC 24,24924.2k $2.0m $2.0m 0.16% Added +1.0k +1,002
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 23,66323.7k $2.0m $2.0m 0.00% Added +5.4k +5,418
45 CX Institutional 0.09% of their portfolio AUBURN, IN 23,09523.1k $1.9m $1.9m 0.09% Added +466 +466
46 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 21,71921.7k $1.8m $1.8m 0.02% Reduced -1.7k -1,663
47 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 20,64720.6k $1.7m $1.7m 0.04% Added +705 +705
48 J.W. COLE ADVISORS, INC. 0.08% of their portfolio TAMPA, FL 19,87819.9k $1.6m $1.6m 0.08% Added +614 +614
49 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 19,41319.4k $1.6m $1.6m 0.00% Added +709 +709
50 Heck Capital Advisors, LLC 0.24% of their portfolio Rhinelander, WI 19,28619.3k $1.6m $1.6m 0.24% Added +167 +167
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 18,59018.6k $1.5m $1.5m 0.00% Reduced -1.6k -1,580
52 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 18,09718.1k $1.5m $1.5m 0.00% Added +243 +243
53 LYNCH & ASSOCIATES/IN 0.32% of their portfolio EVANSVILLE, IN 16,93616.9k $1.4m $1.4m 0.32% Added +1.3k +1,300
54 Lifeworks Advisors, LLC 0.38% of their portfolio GRAND RAPIDS, MI 16,45316.5k $1.4m $1.4m 0.38% Added +2.8k +2,788
55 Pathway Financial Advisers, LLC 0.48% of their portfolio AUBURN, IN 16,20916.2k $1.3m $1.3m 0.48% Reduced -1.2k -1,227
56 Ellis Investment Partners, LLC 0.28% of their portfolio Berwyn, PA 15,81815.8k $1.3m $1.3m 0.28% Reduced -34 -34
57 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 15,63015.6k $1.2m $1.2m 0.05% Added +1.2k +1,182
58 HBW ADVISORY SERVICES LLC 0.23% of their portfolio SIMI VALLEY, CA 15,42815.4k $1.2m $1.2m 0.23% Unchanged
59 Thrive Capital Management, LLC 0.61% of their portfolio FORT WASHINGTON, PA 14,84914.8k $1.1m $1.1m 0.61% New
60 SOUTHERN CAPITAL ADVISORS, LLC 0.65% of their portfolio Jackson, TN 12,90412.9k $1.1m $1.1m 0.65% Added +1.5k +1,471
61 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 12,72512.7k $1.0m $1.0m 0.03% Added +3.6k +3,639
62 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 12,51012.5k $1.0m $1.0m 0.08% Added +4.1k +4,134
63 VCI Wealth Management LLC 0.69% of their portfolio ST LOUIS, MO 12,32812.3k $1.0m $1.0m 0.69% Reduced -2.3k -2,323
64 Triumph Capital Management 0.40% of their portfolio DENVER, CO 12,08812.1k $990.0k $990.0k 0.40% New
65 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 11,63811.6k $959.9k $959.9k 0.03% Added +3.5k +3,501
66 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 10,50710.5k $866.6k $866.6k 0.01% Added +3.6k +3,583
67 Spire Wealth Management 0.02% of their portfolio MCLEAN, VA 10,12410.1k $835.0k $835.0k 0.02% Reduced -531 -531
68 Regal Investment Advisors LLC 0.06% of their portfolio KENTWOOD, MI 9,9379.9k $819.6k $819.6k 0.06% Added +2.3k +2,290
69 Stonebridge Financial Planning Group, LLC 0.42% of their portfolio ORLANDO, FL 9,7329.7k $802.7k $802.7k 0.42% Added +445 +445
70 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 9,6869.7k $798.9k $798.9k 0.01% Reduced -160 -160
71 PERSONAL CFO SOLUTIONS, LLC 0.12% of their portfolio CHESTER, NJ 9,0499.0k $746.4k $746.4k 0.12% Reduced -2.0k -1,965
72 MAGNOLIA CAPITAL MANAGEMENT LTD 0.63% of their portfolio COLD SPRING, NY 9,0109.0k $743.0k $743.0k 0.63% Unchanged
73 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,8168.8k $728.0k $728.0k 0.00% Added +3.6k +3,560
74 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 8,3998.4k $692.7k $692.7k 0.00% Added +570 +570
75 LEVEL FOUR ADVISORY SERVICES, LLC 0.04% of their portfolio DALLAS, TX 8,3778.4k $661.3k $661.3k 0.04% Unchanged
76 Charter Oak Capital Management, LLC 0.07% of their portfolio PORTSMOUTH, NH 8,2998.3k $684.5k $684.5k 0.07% Added +37 +37
77 Investors Research Corp 0.16% of their portfolio ATLANTA, GA 8,1068.1k $668.6k $668.6k 0.16% Added +558 +558
78 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.43% of their portfolio WALTHAM, MA 7,8617.9k $648.5k $648.5k 0.43% Reduced -93 -93
79 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 7,7917.8k $642.6k $642.6k 0.02% Reduced -891 -891
80 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.12% of their portfolio CEDARBURG, WI 7,7297.7k $637.5k $637.5k 0.12% Added +1.4k +1,423
81 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 7,7017.7k $635.2k $635.2k 0.00% Reduced -5.6k -5,636
82 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 7,4107.4k $611.2k $611.2k 0.07% Added +376 +376
83 World Investment Advisors 0.09% of their portfolio LINCROFT, NJ 7,3257.3k $604.1k $604.1k 0.09% Added +1.3k +1,320
84 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 7,2507.2k $598.0k $598.0k 0.01% Reduced -466 -466
85 Soltis Investment Advisors LLC 0.07% of their portfolio ST. GEORGE, UT 7,1807.2k $592.2k $592.2k 0.07% Added +107 +107
86 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 7,1787.2k $592.1k $592.1k 0.03% New
87 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 6,5006.5k $536.2k $536.2k 0.00% Added +824 +824
88 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 6,4516.5k $532.0k $532.0k 0.00% Reduced -1.9k -1,924
89 HALL CAPITAL MANAGEMENT CO INC 0.26% of their portfolio BARRINGTON, RI 6,3736.4k $525.6k $525.6k 0.26% Unchanged
90 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 6,3006.3k $520.0k $520.0k 0.00% Added +2.1k +2,100
91 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,9666.0k $492.1k $492.1k 0.00% Added +704 +704
92 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 5,9135.9k $487.7k $487.7k 0.00% Reduced -5.4k -5,384
93 Eley Financial Management, Inc 0.21% of their portfolio SOUTH BURLINGTON, VT 5,8915.9k $485.9k $485.9k 0.21% Added +173 +173
94 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 5,5205.5k $455.0k $455.0k 0.00% New
95 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 5,4685.5k $382.0k $382.0k 0.01% Reduced -50 -50
96 Stratos Wealth Advisors, LLC 0.03% of their portfolio BEACHWOOD, OH 5,2155.2k $430.2k $430.2k 0.03% Added +463 +463
97 LANARK FINANCIAL, INC. 0.04% of their portfolio BIRMINGHAM, AL 5,1655.2k $426.0k $426.0k 0.04% Added +1.6k +1,580
98 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 4,9815.0k $411.0k $411.0k 0.03% Reduced -1.5k -1,480
99 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 4,5584.6k $375.9k $375.9k 0.00% New
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,4824.5k $369.7k $369.7k 0.00% Reduced -181 -181