Vault-13

FIDELITY COVINGTON TRUST FFSM

FUNDAMENTAL SMAL · ETP · CUSIP 316092295

85 institutional holders +9 vs Q1 2026
33,665,86033.7m shares reported held*
$1.3bnreported value*
18 new 44 added 15 reduced 7 sold out net bought ≈ $88.8m (+2.3m 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 ($4.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.17.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 10Q4 22: 9Q1 23: 10Q2 23: 10Q3 23: 10Q4 23: 15Q1 24: 15Q2 24: 21Q3 24: 24Q4 24: 29Q1 25: 40Q2 25: 48Q3 25: 50Q4 25: 63Q1 26: 76Q2 26: 8585Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202210
Q4 20229
Q1 202310
Q2 202310
Q3 202310
Q4 202315
Q1 202415
Q2 202421
Q3 202424
Q4 202429
Q1 202540
Q2 202548
Q3 202550
Q4 202563
Q1 202676
Q2 202685

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 16 bought or addedQ3 24: 6 cut or sold outQ4 24: 18 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 28 bought or addedQ1 25: 10 cut or sold outQ2 25: 36 bought or addedQ2 25: 17 cut or sold outQ2 25Q3 25: 33 bought or addedQ3 25: 18 cut or sold outQ4 25: 39 bought or addedQ4 25: 18 cut or sold outQ4 25Q1 26: 57 bought or addedQ1 26: 14 cut or sold outQ2 26: 62 bought or addedQ2 26: 22 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024166
Q4 20241811
Q1 20252810
Q2 20253617
Q3 20253318
Q4 20253918
Q1 20265714
Q2 20266222

Biggest buyers

FMR LLC Added +1,058,279+1.1m
Acumen Wealth Advisors, LLC New +397,385+397.4k
PRECEDENT WEALTH PARTNERS, LLC New +217,165+217.2k
GOLDMAN SACHS GROUP INC New +180,959+181.0k
Buska Wealth Management, LLC Added +81,933+81.9k
Cetera Investment Advisers Added +73,573+73.6k
ENVESTNET ASSET MANAGEMENT INC Added +54,716+54.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +50,821+50.8k
CMG Global Holdings, LLC New +33,396+33.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +33,358+33.4k

Biggest sellers

RFG Advisory, LLC Reduced -83,817-83.8k
M Holdings Securities, Inc. Sold out -49,830-49.8k
Evernest Financial Advisors, LLC Reduced -25,157-25.2k
HICKS CAPITAL MANAGEMENT LLC Sold out -10,348-10.3k
SAX WEALTH ADVISORS, LLC Reduced -9,902-9.9k
ROYAL BANK OF CANADA Reduced -6,223-6.2k
PENSION & WEALTH MANAGEMENT ADVISORS, INC. Reduced -4,458-4.5k
Per Stirling Capital Management, LLC. Reduced -3,726-3.7k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Reduced -1,941-1.9k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -1,516-1.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.04% of their portfolio BOSTON, MA 26,681,83026.7m $1.0bn $1.0bn 0.04% Added +1.1m +1,058,279
2 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 1,263,3151.3m $48.3m $48.3m 0.06% Added +50.8k +50,821
3 RFG Advisory, LLC 0.45% of their portfolio BIRMINGHAM, AL 759,366759.4k $29.0m $29.0m 0.45% Reduced -83.8k -83,817
4 KOM Wealth Management Group, LLC 9.66% of their portfolio APPLETON, WI 418,435418.4k $16.0m $16.0m 9.66% Added +3.2k +3,195
5 Acumen Wealth Advisors, LLC 3.22% of their portfolio CHATTANOOGA, TN 397,385397.4k $15.2m $15.2m 3.22% New
6 Keenan, LLC 8.32% of their portfolio BOSTON, MA 308,217308.2k $11.8m $11.8m 8.32% Added +18.2k +18,165
7 MAI Capital Management 0.04% of their portfolio INDEPENDENCE, OH 307,244307.2k $11.7m $11.7m 0.04% Added +7.2k +7,230
8 Evernest Financial Advisors, LLC 1.97% of their portfolio CARMEL, IN 246,925246.9k $9.4m $9.4m 1.97% Reduced -25.2k -25,157
9 Gaddis Premier Wealth Advisors LLC 5.62% of their portfolio DURANT, OK 241,185241.2k $9.2m $9.2m 5.62% Added +26.3k +26,321
10 NOVEM GROUP 0.88% of their portfolio Rochester, NY 227,274227.3k $8.7m $8.7m 0.88% Added +21.7k +21,681
11 MENORA MIVTACHIM HOLDINGS LTD. 0.03% of their portfolio Ramat Gan, L3 219,125219.1k $8.4m $8.4m 0.03% Unchanged
12 PRECEDENT WEALTH PARTNERS, LLC 1.38% of their portfolio HOUSTON, TX 217,165217.2k $8.3m $8.3m 1.38% New
13 SK Wealth Management, LLC 1.65% of their portfolio PROVIDENCE, RI 194,656194.7k $7.3m $7.3m 1.65% Added +20.6k +20,566
14 SAX WEALTH ADVISORS, LLC 0.24% of their portfolio PARSIPPANY, NJ 182,979183.0k $5.8m $5.8m 0.24% Reduced -9.9k -9,902
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 181,554181.6k $6.9m $6.9m 0.00% Added +54.7k +54,716
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 180,959181.0k $6.9m $6.9m 0.00% New
17 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 135,211135.2k $5.2m $5.2m 0.00% Added +73.6k +73,573
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 131,507131.5k $4.9m $4.9m 0.01% Added +33.4k +33,358
19 Buska Wealth Management, LLC 1.75% of their portfolio WAUSAU, WI 127,234127.2k $4.9m $4.9m 1.75% Added +81.9k +81,933
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 125,944125.9k $4.8m $4.8m 0.00% Added +22.2k +22,189
21 Advyzon Investment Management, LLC 0.32% of their portfolio LISLE, IL 115,144115.1k $4.4m $4.4m 0.32% Added +24.6k +24,578
22 Clarity Retirement & Wealth, LLC 2.98% of their portfolio NEW BEDFORD, MA 112,926112.9k $4.3m $4.3m 2.98% Added +2.9k +2,906
23 Retirement Planning Group, LLC 0.11% of their portfolio LEAWOOD, KS 110,096110.1k $4.2m $4.2m 0.11% Added +6.5k +6,451
24 MFA Wealth Services 1.70% of their portfolio THOUSAND OAKS, CA 74,53974.5k $2.8m $2.8m 1.70% Reduced -213 -213
25 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 74,32874.3k $2.8m $2.8m 0.00% Added +8.9k +8,917
26 PRINCIPAL SECURITIES, INC. 0.03% of their portfolio DES MOINES, IA 72,48972.5k $2.8m $2.8m 0.03% Added +14.9k +14,864
27 DAHRING | CUSMANO LLC 1.36% of their portfolio NOVI, MI 67,67267.7k $2.6m $2.6m 1.36% Added +11.8k +11,764
28 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 59,14459.1k $2.3m $2.3m 0.06% Added +21.3k +21,318
29 Per Stirling Capital Management, LLC. 0.20% of their portfolio AUSTIN, TX 54,07954.1k $2.1m $2.1m 0.20% Reduced -3.7k -3,726
30 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 41,30641.3k $1.6m $1.6m 0.01% Added +10.7k +10,725
31 CMG Global Holdings, LLC 0.54% of their portfolio PLANO, TX 33,39633.4k $1.3m $1.3m 0.54% New
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 30,60030.6k $1.2m $1.2m 0.00% New
33 PFG Advisors 0.05% of their portfolio Phoenix, AZ 27,73227.7k $1.1m $1.1m 0.05% New
34 Pines Wealth Management, LLC 0.30% of their portfolio SOUTHERN PINES, NC 27,66227.7k $1.1m $1.1m 0.30% Added +8.0k +7,980
35 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 26,11926.1k $998.0k $998.0k 0.00% Added +5.3k +5,300
36 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.24% of their portfolio WALTHAM, MA 23,76023.8k $907.9k $907.9k 0.24% Reduced -4.5k -4,458
37 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 23,57923.6k $901.0k $901.0k 0.01% Reduced -83 -83
38 SUMMIT WEALTH GROUP LLC / CO 0.06% of their portfolio COLORADO SPRINGS, CO 20,37820.4k $778.6k $778.6k 0.06% Added +10.5k +10,511
39 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,01419.0k $726.5k $726.5k 0.00% Added +3.7k +3,664
40 BAM Wealth Management, LLC 0.43% of their portfolio LAKEWOOD, CO 18,00218.0k $687.9k $687.9k 0.43% Added +171 +171
41 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 17,92817.9k $673.1k $673.1k 0.00% Unchanged
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,89216.9k $645.6k $645.6k 0.00% Added +8.6k +8,645
43 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 15,54815.5k $594.1k $594.1k 0.01% Added +616 +616
44 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 13,27313.3k $507.1k $507.1k 0.00% Reduced -550 -550
45 Wealth Quarterback LLC 0.15% of their portfolio TOMS RIVER, NJ 12,38512.4k $473.2k $473.2k 0.15% Reduced -859 -859
46 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 11,60011.6k $443.2k $443.2k 0.00% Added +907 +907
47 Bay Capital Advisors, LLC 0.22% of their portfolio VIRGINIA BEACH, VA 10,68110.7k $408.1k $408.1k 0.22% Added +920 +920
48 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,49510.5k $401.0k $401.0k 0.00% Reduced -564 -564
49 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 10,39410.4k $397.1k $397.1k 0.00% Added +757 +757
50 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 9,7999.8k $374.4k $374.4k 0.01% Added +10 +10
51 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 8,1908.2k $312.9k $312.9k 0.00% Reduced -1.5k -1,516
52 Cutler Capital Management, LLC 0.08% of their portfolio WORCESTER, MA 7,8607.9k $300.3k $300.3k 0.08% Reduced -265 -265
53 Eaton Financial Holdings Company, LLC 0.08% of their portfolio Coral Springs, FL 7,6257.6k $291.4k $291.4k 0.08% Added +8 +8
54 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 6,8326.8k $261.1k $261.1k 0.00% Unchanged
55 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 6,5316.5k $249.6k $249.6k 0.00% New
56 Elevation Wealth Management LLC 0.16% of their portfolio EDEN PRAIRIE, MN 5,4355.4k $207.7k $207.7k 0.16% New
57 INSIGNEO ADVISORY SERVICES, LLC 0.01% of their portfolio MIAMI, FL 5,2805.3k $201.7k $201.7k 0.01% New
58 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,9073.9k $149.3k $149.3k 0.00% Added +1.4k +1,394
59 Provident Wealth Management, LLC 0.03% of their portfolio BRENTWOOD, TN 3,5293.5k $134.8k $134.8k 0.03% Added +89 +89
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,9973.0k $114.5k $114.5k 0.00% Added +1.4k +1,427
61 Bulwark Capital Corp 0.05% of their portfolio FERNANDINA BEACH, FL 2,5352.5k $96.9k $96.9k 0.05% Unchanged
62 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 2,4492.4k $93.6k $93.6k 0.00% Added +713 +713
63 Harbor Asset Planning, Inc. 0.06% of their portfolio BELMONT, MA 1,9722.0k $75.3k $75.3k 0.06% Added +1.8k +1,760
64 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 740740 $28.3k $28.3k 0.00% Reduced -3 -3
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 569569 $21.0k $21.0k 0.00% Reduced -6.2k -6,223
66 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 551551 $21.1k $21.1k 0.00% New
67 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 543543 $21.0k $21.0k 0.00% Added +45 +45
68 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 474474 $18.1k $18.1k 0.00% Added +463 +463
69 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 453453 $17.3k $17.3k 0.00% Added +327 +327
70 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 364364 $13.9k $13.9k 0.00% New
71 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 356356 $13.6k $13.6k 0.00% Reduced -1.9k -1,941
72 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 321321 $12.3k $12.3k 0.00% Added +271 +271
73 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 181181 $6.9k $6.9k 0.00% Unchanged
74 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 154154 $5.9k $5.9k 0.00% New
75 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 131131 $5.0k $5.0k 0.00% Added +127 +127
76 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 7272 $2.8k $2.8k 0.00% Added +21 +21
77 Godfrey Financial Associates, Inc. 0.00% of their portfolio GLENMONT, NY 7272 $2.8k $2.8k 0.00% Unchanged
78 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 4949 $1.9k $1.9k 0.00% New
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3737 $1.4k $1.4k 0.00% New
80 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3535 $1.3k $1.3k 0.00% New
81 MONTAG A & ASSOCIATES INC 0.00% of their portfolio ATLANTA, GA 2727 $1.0k $1.0k 0.00% New
82 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2020 $765 $765 0.00% New
83 PlanVest Financial, Inc 0.00% of their portfolio GAITHERSBURG, MD 1818 $688 $688 0.00% Unchanged
84 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 66 $229 $229 0.00% New
85 BlackRock, Inc. 0.00% of their portfolio New York, NY 11 $44 $44 0.00% Unchanged