Vault-13

FIDELITY COVINGTON TRUST FENY

MSCI ENERGY IDX · ETP · CUSIP 316092402

173 institutional holders -18 vs Q1 2023
23,070,66523.1m shares reported held*
$510.3mreported value*
12 new 67 added 72 reduced 30 sold out net bought ≈ $36.1m (+1.7m 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. Holder counts are more reliable. Implied quarter-end price ≈ $22.12. Options: 3 managers hold calls ($1.4m notional), 1 hold puts ($53.2k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 164Q4 22: 190Q1 23: 191Q2 23: 173173Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022164
Q4 2022190
Q1 2023191
Q2 2023173

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 96 bought or addedQ4 22: 71 cut or sold outQ4 22Q1 23: 92 bought or addedQ1 23: 82 cut or sold outQ1 23Q2 23: 79 bought or addedQ2 23: 102 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229671
Q1 20239282
Q2 202379102

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $2.7mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $1.9mQ4 22 puts: $90.6kQ4 22P/C 0.05Q1 23 calls: $1.7mQ1 23 puts: $24.7kQ1 23P/C 0.01Q2 23 calls: $1.4mQ2 23 puts: $53.2kQ2 23P/C 0.04
Numbers
QuarterCallsPutsP/C
Q3 2022$2.7m$00.00
Q4 2022$1.9m$90.6k0.05
Q1 2023$1.7m$24.7k0.01
Q2 2023$1.4m$53.2k0.04

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,437,866+2.4m
BANK OF AMERICA CORP /DE/ Added +837,645+837.6k
JANE STREET GROUP, LLC Added +237,911+237.9k
WELLS FARGO & COMPANY/MN Added +200,321+200.3k
UBS Group AG Added +197,030+197.0k
JPMORGAN CHASE & CO Added +165,691+165.7k
KESTRA PRIVATE WEALTH SERVICES, LLC Added +165,422+165.4k
CITADEL ADVISORS LLC New +93,712+93.7k
LPL Financial LLC Added +78,639+78.6k
Prostatis Group LLC New +74,192+74.2k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -590,408-590.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -363,964-364.0k
OSAIC HOLDINGS, INC. Reduced -250,080-250.1k
HighTower Advisors, LLC Reduced -194,744-194.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -165,362-165.4k
Transform Wealth, LLC Sold out -163,285-163.3k
TRUIST FINANCIAL CORP Reduced -132,846-132.8k
NORTHERN TRUST CORP Reduced -122,889-122.9k
MML INVESTORS SERVICES, LLC Reduced -122,520-122.5k
HRT FINANCIAL LP Sold out -113,578-113.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m46.5k shares
CITADEL ADVISORS LLC Reduced $359.0k16.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $53.2k2.4k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 4,610,0064.6m $102.2m $102.2m 0.03% Added +2.4m +2,437,866
2 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 1,762,3531.8m $39.1m $39.1m 0.08% Reduced -165.4k -165,362
3 Lido Advisors, LLC 0.39% of their portfolio Los Angeles, CA 1,549,6651.5m $34.3m $34.3m 0.39% Added +68.1k +68,064
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,186,4591.2m $26.3m $26.3m 0.01% Reduced -364.0k -363,964
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,111,4831.1m $24.6m $24.6m 0.00% Added +837.6k +837,645
6 Kestra Advisory Services, LLC 0.17% of their portfolio AUSTIN, TX 784,092784.1k $17.4m $17.4m 0.17% Added +230 +230
7 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 781,692781.7k $17.3m $17.3m 0.03% Reduced -194.7k -194,744
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 755,336755.3k $16.7m $16.7m 0.00% Added +200.3k +200,321
9 Yarbrough Capital, LLC 0.89% of their portfolio FRANKLIN, TN 711,695711.7k $15.8m $15.8m 0.89% Unchanged
10 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 601,577601.6k $13.4m $13.4m 0.02% Reduced -250.1k -250,080
11 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 463,410463.4k $10.3m $10.3m 0.01% Added +237.9k +237,911
12 KESTRA PRIVATE WEALTH SERVICES, LLC 0.29% of their portfolio AUSTIN, TX 387,338387.3k $8.6m $8.6m 0.29% Added +165.4k +165,422
13 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 376,071376.1k $8.3m $8.3m 0.01% Added +78.6k +78,639
14 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 334,722334.7k $7.4m $7.4m 0.04% Added +50.5k +50,538
15 Financial Partners Group, Inc 1.51% of their portfolio Overland Park, KS 312,703312.7k $7.5m $7.5m 1.51% Added +59.3k +59,331
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 311,735311.7k $6.9m $6.9m 0.00% Added +165.7k +165,691
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 268,377268.4k $5.9m $5.9m 0.00% Reduced -67.4k -67,363
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 254,810254.8k $5.6m $5.6m 0.00% Added +197.0k +197,030
19 Sigma Planning Corp 0.19% of their portfolio ANN ARBOR, MI 233,073233.1k $5.2m $5.2m 0.19% Reduced -6.9k -6,894
20 Cutler Capital Management, LLC 2.26% of their portfolio WORCESTER, MA 217,412217.4k $4.8m $4.8m 2.26% Added +16.2k +16,231
21 KCM INVESTMENT ADVISORS LLC 0.19% of their portfolio GREENBRAE, CA 215,203215.2k $4.8m $4.8m 0.19% Reduced -7.1k -7,064
22 Demars Financial Group, LLC 2.56% of their portfolio SPOKANE VALLEY, WA 208,385208.4k $4.6m $4.6m 2.56% Reduced -1.6k -1,582
23 Traynor Capital Management, Inc. 0.57% of their portfolio MALVERN, PA 199,582199.6k $4.4m $4.4m 0.57% Reduced -9.5k -9,497
24 Connectus Wealth, LLC 0.10% of their portfolio CINCINNATI, OH 195,553195.6k $4.3m $4.3m 0.10% Added +6.7k +6,705
25 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 192,998193.0k $4.3m $4.3m 0.01% Reduced -54.2k -54,191
26 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 176,674176.7k $3.9m $3.9m 0.01% Added +140 +140
27 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 171,905171.9k $3.8m $3.8m 0.02% Reduced -45.0k -44,987
28 Eley Financial Management, Inc 1.83% of their portfolio SOUTH BURLINGTON, VT 169,942169.9k $3.8m $3.8m 1.83% Added +1.2k +1,235
29 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 164,727164.7k $3.6m $3.6m 0.02% Reduced -122.5k -122,520
30 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 160,311160.3k $3.6m $3.6m 0.04% Added +27.2k +27,243
31 Wealth Quarterback LLC 2.14% of their portfolio TOMS RIVER, NJ 139,139139.1k $3.1m $3.1m 2.14% Added +18.0k +18,042
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 137,549137.5k $3.0m $3.0m 0.00% Added +37.8k +37,836
33 Trail Ridge Investment Advisors, LLC 1.83% of their portfolio FORT COLLINS, CO 134,015134.0k $3.0m $3.0m 1.83% Reduced -4.4k -4,416
34 Patriot Financial Group Insurance Agency, LLC 0.55% of their portfolio Westborough, MA 132,770132.8k $2.9m $2.9m 0.55% Added +3.4k +3,423
35 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 126,069126.1k $2.8m $2.8m 0.02% Added +8.7k +8,735
36 Jacobi Capital Management LLC 0.31% of their portfolio PITTSTON, PA 123,571123.6k $2.7m $2.7m 0.31% Reduced -5.8k -5,834
37 SINECERA CAPITAL, LLC 2.58% of their portfolio AUSTIN, TX 109,280109.3k $2.4m $2.4m 2.58% Reduced -2.2k -2,151
38 Mariner, LLC 0.01% of their portfolio Overland Park, KS 99,30599.3k $2.2m $2.2m 0.01% Reduced -9.0k -9,031
39 Beaumont Financial Advisors, LLC 0.20% of their portfolio NEEDHAM, MA 94,68394.7k $2.1m $2.1m 0.20% Unchanged
40 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 93,71293.7k $2.1m $2.1m 0.00% New
41 RFG Advisory, LLC 0.09% of their portfolio BIRMINGHAM, AL 90,59390.6k $2.0m $2.0m 0.09% Reduced -37.1k -37,066
42 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 90,31590.3k $2.0m $2.0m 0.01% Reduced -20.2k -20,195
43 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 85,06385.1k $1.9m $1.9m 0.01% Added +4.1k +4,104
44 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 77,94077.9k $1.7m $1.7m 0.05% Reduced -2.8k -2,813
45 Full Sail Capital, LLC 0.14% of their portfolio OKLAHOMA CITY, OK 76,60676.6k $1.7m $1.7m 0.14% Reduced -13.6k -13,581
46 Prostatis Group LLC 0.03% of their portfolio HANOVER, MD 74,19274.2k $74.2k $74.2k 0.03% New
47 HANSEATIC MANAGEMENT SERVICES INC 2.98% of their portfolio ALBUQUERQUE, NM 72,90272.9k $1.6m $1.6m 2.98% Added +7.4k +7,441
48 LEUTHOLD GROUP, LLC 0.21% of their portfolio MINNEAPOLIS, MN 71,52571.5k $1.6m $1.6m 0.21% Reduced -72.1k -72,055
49 Yoder Wealth Management, Inc. 1.23% of their portfolio WALNUT CREEK, CA 70,69270.7k $1.6m $1.6m 1.23% Added +441 +441
50 Maltin Wealth Management, Inc. 1.07% of their portfolio RIDGEWOOD, NJ 68,54968.5k $1.5m $1.5m 1.07% Added +1.4k +1,439
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,34967.3k $1.5m $1.5m 0.00% Added +19.9k +19,881
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 59,56359.6k $1.3m $1.3m 0.00% Reduced -45.9k -45,883
53 Fifth Third Securities, Inc. 0.14% of their portfolio Cincinnati, OH 56,49556.5k $1.3m $1.3m 0.14% Reduced -10.3k -10,280
54 Stratos Wealth Advisors, LLC 0.09% of their portfolio BEACHWOOD, OH 55,60455.6k $1.2m $1.2m 0.09% Added +672 +672
55 Financial Perspectives, Inc 0.54% of their portfolio MINNEAPOLIS, MN 55,24455.2k $1.2m $1.2m 0.54% Added +433 +433
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 54,14354.1k $1.2m $1.2m 0.00% Reduced -590.4k -590,408
57 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 51,48451.5k $1.1m $1.1m 0.00% Reduced -132.8k -132,846
58 SHEETS SMITH WEALTH MANAGEMENT 0.16% of their portfolio WINSTON-SALEM, NC 50,08150.1k $1.1m $1.1m 0.16% Reduced -309 -309
59 Virtue Capital Management, LLC 0.19% of their portfolio BRENTWOOD, TN 49,31349.3k $1.1m $1.1m 0.19% Added +3.7k +3,702
60 LYNCH & ASSOCIATES/IN 0.27% of their portfolio EVANSVILLE, IN 48,33548.3k $1.1m $1.1m 0.27% Reduced -1.0k -1,008
61 Essex Financial Services, Inc. 0.12% of their portfolio ESSEX, CT 48,11348.1k $1.1m $1.1m 0.12% Reduced -3.1k -3,078
62 Heck Capital Advisors, LLC 0.18% of their portfolio Rhinelander, WI 47,48947.5k $1.1m $1.1m 0.18% Reduced -3.6k -3,598
63 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 45,84645.8k $1.0m $1.0m 0.00% Added +8.3k +8,334
64 EPG Wealth Management LLC 0.30% of their portfolio ATLANTA, GA 45,51145.5k $1.0m $1.0m 0.30% Added +84 +84
65 Faithward Advisors, LLC 0.26% of their portfolio LANCASTER, PA 45,06045.1k $1.1m $1.1m 0.26% Reduced -2.0k -1,964
66 Glass Jacobson Investment Advisors llc 0.45% of their portfolio OWINGS MILLS, MD 44,73644.7k $991.4k $991.4k 0.45% First filing
67 Sunbelt Securities, Inc. 0.14% of their portfolio HOUSTON, TX 44,67444.7k $990.0k $990.0k 0.14% Added +3.2k +3,216
68 Western Wealth Management, LLC 0.08% of their portfolio GOLDEN, CO 44,52544.5k $986.7k $986.7k 0.08% Reduced -859 -859
69 PARSONS CAPITAL MANAGEMENT INC/RI 0.07% of their portfolio PROVIDENCE, RI 41,75241.8k $925.2k $925.2k 0.07% Added +680 +680
70 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 39,25139.3k $894.1k $894.1k 0.01% Added +1.4k +1,424
71 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 37,69137.7k $835.2k $835.2k 0.01% Reduced -9.7k -9,737
72 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 37,54137.5k $685.6k $685.6k 0.01% Added +30.3k +30,252
73 Hyperion Capital Advisors LP 0.45% of their portfolio New York, NY 37,50037.5k $831.0k $831.0k 0.45% Unchanged
74 FMR LLC 0.00% of their portfolio BOSTON, MA 36,37736.4k $806.1k $806.1k 0.00% Reduced -27.8k -27,775
75 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 35,73135.7k $791.8k $791.8k 0.00% Added +300 +300
76 Bank of Marin 0.74% of their portfolio Novato, CA 35,67935.7k $790.6k $790.6k 0.74% Reduced -1.2k -1,222
77 VICUS CAPITAL 0.08% of their portfolio STATE COLLEGE, PA 32,74332.7k $725.6k $725.6k 0.08% Reduced -629 -629
78 Capital Investment Advisors, LLC 0.02% of their portfolio ATLANTA, GA 31,32631.3k $694.2k $694.2k 0.02% Reduced -177 -177
79 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 31,17231.2k $690.8k $690.8k 0.01% Added +207 +207
80 ATLAS CAPITAL ADVISORS INC. 0.10% of their portfolio JACKSON, WY 29,10229.1k $644.9k $644.9k 0.10% Added +11.4k +11,354
81 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 28,53528.5k $632.3k $632.3k 0.02% Added +1.5k +1,484
82 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 28,31128.3k $627.4k $627.4k 0.01% Added +585 +585
83 Core Wealth Partners LLC 0.55% of their portfolio SANTA ROSA, CA 26,76126.8k $593.0k $593.0k 0.55% Added +891 +891
84 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 26,47926.5k $587.0k $587.0k 0.01% Added +441 +441
85 Financial Freedom, LLC 0.41% of their portfolio CINCINNATI, OH 26,29426.3k $582.7k $582.7k 0.41% Added +228 +228
86 Smith Salley Wealth Management 0.04% of their portfolio GREENSBORO, NC 26,22726.2k $581.2k $581.2k 0.04% Added +1.3k +1,304
87 Galvin, Gaustad & Stein, LLC 0.06% of their portfolio Scottsdale, AZ 25,97726.0k $575.7k $575.7k 0.06% Added +1.5k +1,518
88 Strategic Advisors LLC 0.11% of their portfolio New York, NY 25,13425.1k $557.0k $557.0k 0.11% Reduced -1.6k -1,576
89 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 24,72924.7k $548.0k $548.0k 0.02% Added +1.0k +1,018
90 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 24,50424.5k $543.0k $543.0k 0.00% Reduced -23.3k -23,346
91 TrueWealth Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 23,02323.0k $510.2k $510.2k 0.21% Reduced -53.7k -53,739
92 Charter Oak Capital Management, LLC 0.06% of their portfolio PORTSMOUTH, NH 20,74020.7k $459.6k $459.6k 0.06% Reduced -321 -321
93 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 20,72720.7k $458.1k $458.1k 0.01% Reduced -1.4k -1,415
94 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 19,71919.7k $437.0k $437.0k 0.00% Reduced -2.5k -2,455
95 Birchcreek Wealth Management, LLC 0.30% of their portfolio MIAMI TOWNSHIP, OH 19,38119.4k $429.5k $429.5k 0.30% Reduced -6.6k -6,558
96 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 19,31319.3k $428.0k $428.0k 0.00% Added +1.6k +1,568
97 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 19,31319.3k $428.0k $428.0k 0.00% Added +1.6k +1,568
98 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 19,10919.1k $423.4k $423.4k 0.02% Reduced -11.2k -11,154
99 One Capital Management, LLC 0.02% of their portfolio WESTLAKE VILLAGE, CA 18,09818.1k $401.1k $401.1k 0.02% Reduced -8.7k -8,651
100 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 17,99318.0k $398.7k $398.7k 0.04% Added +2.0k +2,008