Vault-13

FIDELITY COVINGTON TRUST FDIS

MSCI CONSM DIS · ETP · CUSIP 316092204

233 institutional holders -19 vs Q4 2025
7,518,9857.5m shares reported held*
$697.4mreported value*
24 new 68 added 82 reduced 39 sold out net sold ≈ $127.3m (-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 ($592.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $92.75.

Trends to Q1 2026

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: 230Q3 25: 232Q4 25: 252Q1 26: 233233Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025232
Q4 2025252
Q1 2026233

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 89 bought or addedQ2 24: 72 cut or sold outQ3 24: 109 bought or addedQ3 24: 68 cut or sold outQ3 24Q4 24: 112 bought or addedQ4 24: 68 cut or sold outQ1 25: 102 bought or addedQ1 25: 104 cut or sold outQ1 25Q2 25: 90 bought or addedQ2 25: 107 cut or sold outQ3 25: 98 bought or addedQ3 25: 88 cut or sold outQ3 25Q4 25: 113 bought or addedQ4 25: 80 cut or sold outQ1 26: 92 bought or addedQ1 26: 121 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20248972
Q3 202410968
Q4 202411268
Q1 2025102104
Q2 202590107
Q3 20259888
Q4 202511380
Q1 202692121

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 25 calls: $225.8kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$225.8k$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

AE Wealth Management LLC Added +136,414+136.4k
Global Assets Advisory, LLC New +70,393+70.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +62,980+63.0k
GOLDMAN SACHS GROUP INC New +49,670+49.7k
MORGAN STANLEY Added +43,957+44.0k
NATIONAL BANK OF CANADA /FI/ Added +27,500+27.5k
Lido Advisors, LLC Added +19,658+19.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +18,482+18.5k
CITIGROUP INC Added +15,855+15.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +15,715+15.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -653,615-653.6k
Richard Bernstein Advisors LLC Reduced -481,367-481.4k
Bellwether Advisors, LLC Sold out -199,922-199.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -96,252-96.3k
HighTower Advisors, LLC Reduced -53,126-53.1k
OSAIC HOLDINGS, INC. Reduced -37,118-37.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -29,389-29.4k
Thrivent Financial for Lutherans Reduced -27,425-27.4k
ASSETMARK, INC Reduced -25,878-25.9k
Waverly Advisors, LLC Reduced -24,311-24.3k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 0.55% of their portfolio Los Angeles, CA 1,503,7541.5m $140.2m $140.2m 0.55% Added +19.7k +19,658
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,308,5071.3m $122.0m $122.0m 0.02% Added +63.0k +62,980
3 AE Wealth Management LLC 0.56% of their portfolio TOPEKA, KS 1,103,0191.1m $102.9m $102.9m 0.56% Added +136.4k +136,414
4 AGF MANAGEMENT LTD 0.13% of their portfolio TORONTO, A6 300,710300.7k $28.0m $28.0m 0.13% Reduced -1.9k -1,947
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 247,969248.0k $23.1m $23.1m 0.00% Added +44.0k +43,957
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 198,809198.8k $18.5m $18.5m 0.00% Reduced -653.6k -653,615
7 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 186,211186.2k $17.4m $17.4m 0.04% Reduced -25.9k -25,878
8 Fischer Financial Services, Inc. 4.43% of their portfolio HARRISBURG, PA 141,167141.2k $13.2m $13.2m 4.43% Added +4.0k +4,024
9 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 126,898126.9k $11.8m $11.8m 0.02% Reduced -29.4k -29,389
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 120,911120.9k $11.3m $11.3m 0.00% Reduced -12.5k -12,529
11 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 86,54486.5k $8.1m $8.1m 0.03% Added +4.4k +4,351
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 75,28275.3k $7.0m $7.0m 0.00% Added +18.5k +18,482
13 Global Assets Advisory, LLC 0.74% of their portfolio ORLANDO, FL 70,39370.4k $2.5m $2.5m 0.74% New
14 Independence Financial Advisors, LLC 1.91% of their portfolio FRANKLIN, NH 68,13668.1k $6.4m $6.4m 1.91% Added +6.3k +6,297
15 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 66,95767.0k $6.2m $6.2m 0.00% Reduced -463 -463
16 Yoder Wealth Management, Inc. 2.53% of their portfolio WALNUT CREEK, CA 59,51959.5k $5.6m $5.6m 2.53% Added +7.6k +7,637
17 Keystone Global Partners, LLC 2.45% of their portfolio DENVER, CO 59,09459.1k $5.5m $5.5m 2.45% Added +1.8k +1,825
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 56,56956.6k $5.3m $5.3m 0.00% Reduced -4.1k -4,096
19 FMR LLC 0.00% of their portfolio BOSTON, MA 56,13756.1k $5.2m $5.2m 0.00% Added +2.8k +2,814
20 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 51,33151.3k $4.8m $4.8m 0.00% Added +15.9k +15,855
21 KCM INVESTMENT ADVISORS LLC 0.16% of their portfolio GREENBRAE, CA 50,67450.7k $4.7m $4.7m 0.16% Added +42 +42
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 49,67049.7k $4.6m $4.6m 0.00% New
23 ATLAS CAPITAL ADVISORS INC. 0.50% of their portfolio JACKSON, WY 47,27147.3k $4.4m $4.4m 0.50% Reduced -9.4k -9,368
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 46,70046.7k $4.4m $4.4m 0.00% Reduced -11.2k -11,200
25 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 45,10345.1k $4.2m $4.2m 0.02% Added +2.8k +2,781
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 41,92141.9k $3.9m $3.9m 0.01% Reduced -37.1k -37,118
27 GRIMES & Co WEALTH MANAGEMENT, LLC 0.11% of their portfolio WESTBOROUGH, MA 40,94540.9k $3.8m $3.8m 0.11% Reduced -1.9k -1,937
28 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 40,54640.5k $3.8m $3.8m 0.00% Reduced -14.6k -14,641
29 CX Institutional 0.12% of their portfolio AUBURN, IN 40,52640.5k $3.8m $3.8m 0.12% Added +6.5k +6,458
30 Mariner, LLC 0.00% of their portfolio Overland Park, KS 40,20540.2k $3.7m $3.7m 0.00% Added +2.1k +2,074
31 PENOBSCOT WEALTH MANAGEMENT 1.11% of their portfolio PORTLAND, ME 40,19440.2k $3.7m $3.7m 1.11% Added +5.7k +5,705
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 38,54138.5k $3.6m $3.6m 0.01% Added +5.7k +5,695
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 37,82737.8k $3.5m $3.5m 0.00% Added +15.7k +15,715
34 Maltin Wealth Management, Inc. 1.20% of their portfolio RIDGEWOOD, NJ 33,77233.8k $3.1m $3.1m 1.20% Reduced -1.2k -1,174
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 33,43233.4k $3.1m $3.1m 0.00% Added +10.6k +10,586
36 SFI Advisors, LLC 3.14% of their portfolio Montclair, NJ 32,08032.1k $3.0m $3.0m 3.14% Reduced -15.9k -15,867
37 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.50% of their portfolio CEDARBURG, WI 32,02532.0k $3.0m $3.0m 0.50% Added +550 +550
38 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 27,78427.8k $2.6m $2.6m 0.00% Added +27.5k +27,500
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 26,43826.4k $2.5m $2.5m 0.00% Added +3.8k +3,750
40 Smith Salley Wealth Management 0.11% of their portfolio GREENSBORO, NC 24,51224.5k $2.3m $2.3m 0.11% Added +311 +311
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 24,47124.5k $2.3m $2.3m 0.00% Reduced -96.3k -96,252
42 Lifeworks Advisors, LLC 0.29% of their portfolio GRAND RAPIDS, MI 24,26624.3k $2.3m $2.3m 0.29% Added +4.2k +4,210
43 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 22,95423.0k $2.1m $2.1m 0.01% Reduced -3.0k -3,025
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 21,98422.0k $2.1m $2.1m 0.00% Reduced -10.2k -10,239
45 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 21,67921.7k $2.0m $2.0m 0.00% Reduced -27.4k -27,425
46 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 20,49920.5k $1.9m $1.9m 0.01% Added +344 +344
47 LYNCH & ASSOCIATES/IN 0.35% of their portfolio EVANSVILLE, IN 19,93219.9k $1.9m $1.9m 0.35% Added +638 +638
48 Jacobs Equity LLC 1.76% of their portfolio DRAPER, UT 19,00119.0k $2.0m $2.0m 1.76% Added +5.5k +5,535
49 Elevated Capital Advisors, LLC 0.43% of their portfolio SANDY, UT 18,51018.5k $1.7m $1.7m 0.43% Reduced -1.4k -1,423
50 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 18,13618.1k $1.7m $1.7m 0.02% Reduced -4.5k -4,491
51 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,02618.0k $1.7m $1.7m 0.00% Reduced -53.1k -53,126
52 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 17,79117.8k $1.7m $1.7m 0.01% Added +11.7k +11,675
53 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 17,22117.2k $1.6m $1.6m 0.04% Added +13.1k +13,076
54 Pathway Financial Advisers, LLC 0.43% of their portfolio AUBURN, IN 16,20616.2k $1.5m $1.5m 0.43% Reduced -346 -346
55 KDK Private Wealth Management, LLC 1.37% of their portfolio Houston, TX 16,07816.1k $1.5m $1.5m 1.37% Reduced -11 -11
56 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 16,06916.1k $1.5m $1.5m 0.01% Reduced -249 -249
57 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 15,34615.3k $1.4m $1.4m 0.00% Added +2.5k +2,493
58 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 14,64914.6k $1.4m $1.4m 0.00% Reduced -124 -124
59 AMERICAN NATIONAL BANK & TRUST 0.13% of their portfolio WICHITA FALLS, TX 14,32914.3k $1.3m $1.3m 0.13% Added +734 +734
60 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 13,83613.8k $1.3m $1.3m 0.05% Reduced -642 -642
61 Robertson Stephens Wealth Management, LLC 0.04% of their portfolio San Francisco, CA 13,75813.8k $1.3m $1.3m 0.04% Added +328 +328
62 J.Safra Asset Management Corp 0.07% of their portfolio NEW YORK, NY 13,69313.7k $1.3m $1.3m 0.07% Reduced -5.6k -5,630
63 SOUTHERN CAPITAL ADVISORS, LLC 0.60% of their portfolio Jackson, TN 13,64413.6k $1.3m $1.3m 0.60% Reduced -3.6k -3,649
64 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 13,53913.5k $1.3m $1.3m 0.00% Reduced -348 -348
65 Investors Research Corp 0.24% of their portfolio ATLANTA, GA 13,44013.4k $1.3m $1.3m 0.24% Added +794 +794
66 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,63812.6k $1.2m $1.2m 0.00% Added +10.5k +10,452
67 Meridian Wealth Management, LLC 0.04% of their portfolio LEXINGTON, KY 12,62212.6k $1.2m $1.2m 0.04% Added +2.0k +1,975
68 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 11,57311.6k $1.1m $1.1m 0.03% Reduced -1.6k -1,585
69 Ellis Investment Partners, LLC 0.18% of their portfolio Berwyn, PA 11,17211.2k $1.0m $1.0m 0.18% Reduced -2.4k -2,381
70 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.28% of their portfolio WALTHAM, MA 10,28810.3k $959.5k $959.5k 0.28% Reduced -1.8k -1,820
71 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 9,7699.8k $911.1k $911.1k 0.01% Reduced -295 -295
72 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 9,6629.7k $901.1k $901.1k 0.00% Reduced -3.5k -3,528
73 SYON CAPITAL LLC 0.04% of their portfolio SAN FRANCISCO, CA 9,4459.4k $880.8k $880.8k 0.04% Added +734 +734
74 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 9,3879.4k $875.4k $875.4k 0.02% Added +182 +182
75 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 8,9599.0k $835.4k $835.4k 0.01% Reduced -7.8k -7,782
76 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 8,5188.5k $794.4k $794.4k 0.03% Reduced -76 -76
77 Stratos Wealth Advisors, LLC 0.05% of their portfolio BEACHWOOD, OH 8,4538.5k $788.3k $788.3k 0.05% Reduced -195 -195
78 BLUE JEAN FINANCIAL LLC 0.64% of their portfolio ALBANY, NY 8,3208.3k $775.9k $775.9k 0.64% Added +256 +256
79 Heck Capital Advisors, LLC 0.05% of their portfolio Rhinelander, WI 7,7957.8k $727.0k $727.0k 0.05% Reduced -540 -540
80 Bayshore Capital Advisors, LLC 0.31% of their portfolio TAMPA, FL 7,7517.8k $722.9k $722.9k 0.31% Reduced -1.0k -1,017
81 Regal Investment Advisors LLC 0.04% of their portfolio KENTWOOD, MI 7,6967.7k $717.7k $717.7k 0.04% Reduced -1.9k -1,905
82 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,6377.6k $712.3k $712.3k 0.00% Added +1.1k +1,089
83 Stonebridge Financial Planning Group, LLC 0.25% of their portfolio ORLANDO, FL 7,4157.4k $691.5k $691.5k 0.25% Reduced -201 -201
84 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 7,3667.4k $687.0k $687.0k 0.02% Reduced -227 -227
85 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 7,2547.3k $676.6k $676.6k 0.04% Added +553 +553
86 Sunbelt Securities, Inc. 0.04% of their portfolio HOUSTON, TX 7,1667.2k $668.3k $668.3k 0.04% Reduced -3.0k -3,004
87 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 7,1167.1k $663.6k $663.6k 0.01% Added +1 +1
88 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 6,9577.0k $648.8k $648.8k 0.00% Added +716 +716
89 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 6,3886.4k $595.7k $595.7k 0.01% Reduced -1.9k -1,866
90 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,3076.3k $593.1k $593.1k 0.01% Reduced -327 -327
91 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 6,2966.3k $587.2k $587.2k 0.00% Added +1.2k +1,188
92 Redwood Financial Network Corp 0.37% of their portfolio SOLON, OH 6,1246.1k $571.1k $571.1k 0.37% Added +905 +905
93 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 5,7605.8k $537.0k $537.0k 0.03% Added +184 +184
94 Centennial Wealth Advisory LLC 0.12% of their portfolio Traverse City, MI 5,2215.2k $487.0k $487.0k 0.12% Added +41 +41
95 HALL CAPITAL MANAGEMENT CO INC 0.19% of their portfolio BARRINGTON, RI 5,1405.1k $524.7k $524.7k 0.19% Unchanged
96 MAGNOLIA CAPITAL MANAGEMENT LTD 0.32% of their portfolio COLD SPRING, NY 5,0655.1k $472.0k $472.0k 0.32% Added +1.1k +1,085
97 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 4,7894.8k $444.5k $444.5k 0.00% Reduced -3.2k -3,233
98 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 4,6384.6k $432.6k $432.6k 0.02% Added +304 +304
99 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 4,6234.6k $431.2k $431.2k 0.00% Reduced -70 -70
100 Charter Oak Capital Management, LLC 0.03% of their portfolio PORTSMOUTH, NH 4,6214.6k $430.9k $430.9k 0.03% Reduced -1.5k -1,500