Vault-13

FIDELITY COVINGTON TRUST FDIS

MSCI CONSM DIS · ETP · CUSIP 316092204

230 institutional holders -3 vs Q1 2025
8,862,8088.9m shares reported held*
$818.0mreported value*
23 new 67 added 81 reduced 26 sold out net sold ≈ $96.9m (-864.8k 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 ($539.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $92.30. Options: 2 managers hold calls ($225.8k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 144Q4 22: 149Q1 23: 148Q2 23: 162Q3 23: 168Q4 23: 194Q1 24: 187Q2 24: 191Q3 24: 201Q4 24: 234Q1 25: 233Q2 25: 230230Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022144
Q4 2022149
Q1 2023148
Q2 2023162
Q3 2023168
Q4 2023194
Q1 2024187
Q2 2024191
Q3 2024201
Q4 2024234
Q1 2025233
Q2 2025230

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 73 bought or addedQ3 23: 60 cut or sold outQ4 23: 90 bought or addedQ4 23: 77 cut or sold outQ4 23Q1 24: 93 bought or addedQ1 24: 80 cut or sold outQ2 24: 89 bought or addedQ2 24: 72 cut or sold outQ2 24Q3 24: 109 bought or addedQ3 24: 68 cut or sold outQ4 24: 112 bought or addedQ4 24: 68 cut or sold outQ4 24Q1 25: 102 bought or addedQ1 25: 104 cut or sold outQ2 25: 90 bought or addedQ2 25: 107 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237360
Q4 20239077
Q1 20249380
Q2 20248972
Q3 202410968
Q4 202411268
Q1 2025102104
Q2 202590107

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 24 calls: $176.9kQ3 24 puts: $44.2kQ3 24P/C 0.25Q4 24 calls: $350.9kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $253.5kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $225.8kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$176.9k$44.2k0.25
Q4 2024$350.9k$00.00
Q1 2025$253.5k$00.00
Q2 2025$225.8k$00.00

Biggest buyers

PFG Advisors Added +662,710+662.7k
Independence Financial Advisors, LLC New +58,594+58.6k
HighTower Advisors, LLC Added +43,776+43.8k
Steward Partners Investment Advisory, LLC Added +36,444+36.4k
OSAIC HOLDINGS, INC. Added +33,033+33.0k
AE Wealth Management LLC Added +29,346+29.3k
AMERIPRISE FINANCIAL INC Added +29,277+29.3k
MORGAN STANLEY Added +23,396+23.4k
Beaumont Financial Advisors, LLC New +18,996+19.0k
Rockefeller Capital Management L.P. Added +14,327+14.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -659,326-659.3k
Richard Bernstein Advisors LLC Reduced -430,381-430.4k
Lido Advisors, LLC Reduced -133,912-133.9k
CITADEL ADVISORS LLC Sold out -86,113-86.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -77,835-77.8k
ROYAL BANK OF CANADA Reduced -77,510-77.5k
Algorithmic Investment Models, LLC Sold out -60,601-60.6k
BNP PARIBAS FINANCIAL MARKETS Sold out -50,000-50.0k
Advisory Services Network, LLC Reduced -40,279-40.3k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -34,513-34.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $225.8k2.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 0.67% of their portfolio Los Angeles, CA 1,359,6701.4m $127.9m $127.9m 0.67% Reduced -133.9k -133,912
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,211,5141.2m $114.0m $114.0m 0.02% Reduced -34.5k -34,513
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 923,778923.8k $86.9m $86.9m 0.01% Reduced -659.3k -659,326
4 AE Wealth Management LLC 0.47% of their portfolio TOPEKA, KS 679,914679.9k $64.0m $64.0m 0.47% Added +29.3k +29,346
5 PFG Advisors 2.18% of their portfolio Phoenix, AZ 665,707665.7k $47.1m $47.1m 2.18% Added +662.7k +662,710
6 Richard Bernstein Advisors LLC 1.18% of their portfolio NEW YORK, NY 506,198506.2k $47.6m $47.6m 1.18% Reduced -430.4k -430,381
7 AGF MANAGEMENT LTD 0.12% of their portfolio TORONTO, A6 274,125274.1k $25.8m $25.8m 0.12% Added +4.0k +4,046
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 182,082182.1k $17.1m $17.1m 0.00% Added +23.4k +23,396
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 149,777149.8k $14.1m $14.1m 0.00% Reduced -77.8k -77,835
10 Fischer Financial Services, Inc. 3.91% of their portfolio HARRISBURG, PA 141,243141.2k $13.3m $13.3m 3.91% Added +712 +712
11 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 119,589119.6k $11.2m $11.2m 0.01% Added +3.8k +3,816
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 113,979114.0k $10.7m $10.7m 0.00% Added +51 +51
13 Apollon Wealth Management, LLC 0.20% of their portfolio MOUNT PLEASANT, SC 106,915106.9k $10.1m $10.1m 0.20% Added +2.3k +2,275
14 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 101,608101.6k $9.5m $9.5m 0.02% Added +33.0k +33,033
15 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 83,95384.0k $7.9m $7.9m 0.01% Added +43.8k +43,776
16 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 80,61780.6k $7.6m $7.6m 0.04% Added +6.8k +6,783
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 71,29671.3k $6.7m $6.7m 0.00% Added +29.3k +29,277
18 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 70,64470.6k $6.6m $6.6m 0.00% Added +135 +135
19 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 65,07965.1k $6.1m $6.1m 0.01% Added +9.3k +9,291
20 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 60,54560.5k $5.7m $5.7m 0.01% Reduced -2.7k -2,669
21 Independence Financial Advisors, LLC 2.14% of their portfolio FRANKLIN, NH 58,59458.6k $5.5m $5.5m 2.14% New
22 ATLAS CAPITAL ADVISORS INC. 0.64% of their portfolio JACKSON, WY 55,34655.3k $5.2m $5.2m 0.64% Reduced -7.7k -7,694
23 Mariner, LLC 0.01% of their portfolio Overland Park, KS 53,83653.8k $5.1m $5.1m 0.01% Added +2.7k +2,700
24 Keystone Global Partners, LLC 2.69% of their portfolio DENVER, CO 52,52252.5k $4.9m $4.9m 2.69% Reduced -1.3k -1,280
25 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 52,34452.3k $4.9m $4.9m 0.01% Reduced -5.8k -5,850
26 KCM INVESTMENT ADVISORS LLC 0.16% of their portfolio GREENBRAE, CA 50,63250.6k $4.8m $4.8m 0.16% Reduced -45 -45
27 SFI Advisors, LLC 3.26% of their portfolio Montclair, NJ 50,02950.0k $4.7m $4.7m 3.26% Reduced -2.6k -2,567
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 48,47448.5k $4.6m $4.6m 0.00% Reduced -77.5k -77,510
29 FMR LLC 0.00% of their portfolio BOSTON, MA 44,54244.5k $4.2m $4.2m 0.00% Added +6.2k +6,181
30 Yoder Wealth Management, Inc. 2.07% of their portfolio WALNUT CREEK, CA 42,18742.2k $4.0m $4.0m 2.07% Added +828 +828
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 41,61941.6k $3.9m $3.9m 0.00% Reduced -23.4k -23,358
32 Guerra Advisors Inc 1.80% of their portfolio MIAMI, FL 40,46240.5k $3.8m $3.8m 1.80% Added +10.0k +9,964
33 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 38,17638.2k $3.6m $3.6m 0.03% Added +36.4k +36,444
34 CX Institutional 0.11% of their portfolio AUBURN, IN 34,58634.6k $3.3m $3.3m 0.11% Added +7.0k +7,034
35 Maltin Wealth Management, Inc. 1.45% of their portfolio RIDGEWOOD, NJ 34,14134.1k $3.2m $3.2m 1.45% Added +959 +959
36 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 32,43932.4k $3.1m $3.1m 0.01% Reduced -3.1k -3,060
37 PENOBSCOT WEALTH MANAGEMENT 1.09% of their portfolio PORTLAND, ME 32,41732.4k $3.0m $3.0m 1.09% Added +2.7k +2,730
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 29,20729.2k $2.7m $2.7m 0.00% Added +1.4k +1,391
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 28,84728.8k $2.7m $2.7m 0.00% Added +11.0k +10,980
40 Exchange Capital Management, Inc. 0.40% of their portfolio Ann Arbor, MI 28,35728.4k $2.7m $2.7m 0.40% Reduced -721 -721
41 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 28,04228.0k $2.6m $2.6m 0.01% Reduced -1.0k -1,022
42 Advocacy Wealth Management, LLC 0.16% of their portfolio ATLANTA, GA 27,95528.0k $2.6m $2.6m 0.16% Reduced -6.2k -6,209
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 27,90027.9k $2.6m $2.6m 0.00% Added +14.3k +14,327
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,90025.9k $2.4m $2.4m 0.00% Reduced -5.1k -5,113
45 Maxele Advisors, LLC 2.06% of their portfolio WEBSTER GROVES, MO 25,14925.1k $2.4m $2.4m 2.06% Reduced -2.4k -2,370
46 Lifeworks Advisors, LLC 0.35% of their portfolio GRAND RAPIDS, MI 24,83124.8k $2.3m $2.3m 0.35% Reduced -1.1k -1,120
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 24,30924.3k $2.3m $2.3m 0.00% Reduced -3.2k -3,209
48 Smith Salley Wealth Management 0.13% of their portfolio GREENSBORO, NC 24,27424.3k $2.3m $2.3m 0.13% Added +105 +105
49 Sigma Planning Corp 0.07% of their portfolio ANN ARBOR, MI 24,02224.0k $2.3m $2.3m 0.07% Added +580 +580
50 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 23,11823.1k $2.2m $2.2m 0.03% Added +2.4k +2,366
51 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 23,02623.0k $2.2m $2.2m 0.00% Reduced -5.6k -5,553
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 21,24921.2k $2.0m $2.0m 0.00% Reduced -4.5k -4,529
53 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 20,22920.2k $1.9m $1.9m 0.01% Reduced -1.1k -1,118
54 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 20,17020.2k $1.9m $1.9m 0.01% Added +2.5k +2,524
55 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 19,22519.2k $1.8m $1.8m 0.04% Added +11.3k +11,325
56 Beaumont Financial Advisors, LLC 0.13% of their portfolio NEEDHAM, MA 18,99619.0k $1.8m $1.8m 0.13% New
57 Regal Investment Advisors LLC 0.13% of their portfolio KENTWOOD, MI 18,37218.4k $1.7m $1.7m 0.13% Added +1.1k +1,132
58 LYNCH & ASSOCIATES/IN 0.35% of their portfolio EVANSVILLE, IN 18,26218.3k $1.7m $1.7m 0.35% Added +81 +81
59 SOUTHERN CAPITAL ADVISORS, LLC 0.83% of their portfolio Jackson, TN 17,23717.2k $1.6m $1.6m 0.83% Added +1.5k +1,537
60 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 16,98717.0k $1.6m $1.6m 0.01% Added +847 +847
61 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.53% of their portfolio WALTHAM, MA 16,67016.7k $1.6m $1.6m 0.53% Reduced -958 -958
62 Pathway Financial Advisers, LLC 0.50% of their portfolio AUBURN, IN 16,33916.3k $1.5m $1.5m 0.50% Added +204 +204
63 KDK Private Wealth Management, LLC 1.64% of their portfolio Houston, TX 16,33316.3k $1.5m $1.5m 1.64% Reduced -170 -170
64 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 15,20015.2k $1.4m $1.4m 0.01% Reduced -1.6k -1,574
65 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.23% of their portfolio CEDARBURG, WI 14,20814.2k $1.3m $1.3m 0.23% Added +3.6k +3,609
66 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 14,14814.1k $1.3m $1.3m 0.01% Reduced -17.0k -17,042
67 Ellis Investment Partners, LLC 0.25% of their portfolio Berwyn, PA 13,54113.5k $1.3m $1.3m 0.25% Reduced -225 -225
68 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 12,65112.7k $1.2m $1.2m 0.03% Reduced -12.4k -12,431
69 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,37512.4k $1.2m $1.2m 0.00% Added +1.0k +1,019
70 Elevated Capital Advisors, LLC 0.29% of their portfolio SANDY, UT 12,08012.1k $1.0m $1.0m 0.29% Unchanged
71 Investors Research Corp 0.22% of their portfolio ATLANTA, GA 11,90211.9k $1.1m $1.1m 0.22% Added +1.3k +1,333
72 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 11,61811.6k $1.1m $1.1m 0.01% Reduced -7.7k -7,730
73 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 11,19411.2k $1.1m $1.1m 0.05% Reduced -3.9k -3,877
74 AlphaStar Capital Management, LLC 0.07% of their portfolio CORNELIUS, NC 10,79010.8k $1.0m $1.0m 0.07% New
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 10,19210.2k $963.8k $963.8k 0.00% Added +359 +359
76 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 9,97210.0k $938.1k $938.1k 0.03% Reduced -75 -75
77 Meridian Wealth Management, LLC 0.04% of their portfolio LEXINGTON, KY 8,9999.0k $846.5k $846.5k 0.04% Reduced -361 -361
78 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 8,7308.7k $822.1k $822.1k 0.01% Unchanged
79 Stonebridge Financial Planning Group, LLC 0.34% of their portfolio ORLANDO, FL 8,7108.7k $819.4k $819.4k 0.34% Added +298 +298
80 Heck Capital Advisors, LLC 0.07% of their portfolio Rhinelander, WI 8,5168.5k $801.1k $801.1k 0.07% Reduced -10.5k -10,512
81 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 8,3918.4k $789.4k $789.4k 0.03% Reduced -325 -325
82 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 8,3498.3k $785.4k $785.4k 0.02% Reduced -2.9k -2,903
83 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 8,3238.3k $811.1k $811.1k 0.07% Reduced -346 -346
84 J.Safra Asset Management Corp 0.05% of their portfolio NEW YORK, NY 8,3198.3k $782.6k $782.6k 0.05% Reduced -3.4k -3,425
85 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 8,2778.3k $778.6k $778.6k 0.02% Added +533 +533
86 LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio DALLAS, TX 7,9277.9k $745.7k $745.7k 0.03% Added +29 +29
87 VCI Wealth Management LLC 0.26% of their portfolio ST LOUIS, MO 7,8767.9k $740.9k $740.9k 0.26% Added +494 +494
88 TOUNJIAN ADVISORY PARTNERS, LLC 0.13% of their portfolio FORT MYERS, FL 7,7787.8k $657.3k $657.3k 0.13% Reduced -258 -258
89 MAGNOLIA CAPITAL MANAGEMENT LTD 0.58% of their portfolio COLD SPRING, NY 7,6857.7k $723.0k $723.0k 0.58% Unchanged
90 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 7,2697.3k $697.4k $697.4k 0.01% Reduced -40.3k -40,279
91 Aspetuck Financial Management LLC 0.50% of their portfolio WESTPORT, CT 7,1087.1k $668.6k $668.6k 0.50% Added +371 +371
92 AMERICAN NATIONAL BANK & TRUST 0.07% of their portfolio WICHITA FALLS, TX 7,0547.1k $663.6k $663.6k 0.07% Added +96 +96
93 Stratos Wealth Advisors, LLC 0.03% of their portfolio BEACHWOOD, OH 7,0387.0k $662.1k $662.1k 0.03% Added +565 +565
94 Charter Oak Capital Management, LLC 0.05% of their portfolio PORTSMOUTH, NH 6,8916.9k $648.2k $648.2k 0.05% Reduced -709 -709
95 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% of their portfolio KOKOMO, IN 6,8366.8k $643.0k $643.0k 0.05% Reduced -835 -835
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,8276.8k $654.9k $654.9k 0.00% Reduced -237 -237
97 Soltis Investment Advisors LLC 0.05% of their portfolio ST. GEORGE, UT 6,7016.7k $630.4k $630.4k 0.05% Reduced -275 -275
98 PGIM Custom Harvest LLC 0.01% of their portfolio NEWARK, NJ 6,4406.4k $605.8k $605.8k 0.01% Reduced -296 -296
99 Purkiss Capital Advisors LLC 0.33% of their portfolio RIDGEFIELD, CT 6,3776.4k $599.9k $599.9k 0.33% Reduced -645 -645
100 Hilton Capital Management, LLC 0.05% of their portfolio Garden City, NY 6,3006.3k $592.6k $592.6k 0.05% Reduced -1.5k -1,511