Vault-13

FIDELITY COVINGTON TRUST FENY

MSCI ENERGY IDX · ETP · CUSIP 316092402

215 institutional holders +11 vs Q2 2025
17,193,61117.2m shares reported held*
$425.2mreported value*
30 new 65 added 74 reduced 12 sold out net bought ≈ $6.7m (-195.0k 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 ($519.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.73. Options: 1 managers hold calls ($1.1m notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 164Q4 22: 190Q1 23: 191Q2 23: 173Q3 23: 189Q4 23: 198Q1 24: 207Q2 24: 206Q3 24: 203Q4 24: 225Q1 25: 221Q2 25: 204Q3 25: 215215Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022164
Q4 2022190
Q1 2023191
Q2 2023173
Q3 2023189
Q4 2023198
Q1 2024207
Q2 2024206
Q3 2024203
Q4 2024225
Q1 2025221
Q2 2025204
Q3 2025215

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 89 bought or addedQ4 23: 99 cut or sold outQ1 24: 102 bought or addedQ1 24: 93 cut or sold outQ1 24Q2 24: 103 bought or addedQ2 24: 94 cut or sold outQ3 24: 95 bought or addedQ3 24: 94 cut or sold outQ3 24Q4 24: 102 bought or addedQ4 24: 84 cut or sold outQ1 25: 96 bought or addedQ1 25: 110 cut or sold outQ1 25Q2 25: 88 bought or addedQ2 25: 107 cut or sold outQ3 25: 95 bought or addedQ3 25: 86 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20238999
Q1 202410293
Q2 202410394
Q3 20249594
Q4 202410284
Q1 202596110
Q2 202588107
Q3 20259586

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 24 calls: $927.4kQ4 24 puts: $11.9kQ4 24P/C 0.01Q1 25 calls: $707.7kQ1 25 puts: $2.6kQ1 25P/C 0.00Q2 25 calls: $797.3kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $1.1mQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$927.4k$11.9k0.01
Q1 2025$707.7k$2.6k0.00
Q2 2025$797.3k$00.00
Q3 2025$1.1m$00.00

Biggest buyers

HILLTOP WEALTH ADVISORS, LLC New +522,207+522.2k
Tower Research Capital LLC (TRC) New +441,631+441.6k
D. E. Shaw & Co., Inc. New +182,232+182.2k
RENAISSANCE TECHNOLOGIES LLC New +161,600+161.6k
Lido Advisors, LLC Added +151,870+151.9k
CITADEL ADVISORS LLC Added +127,320+127.3k
JANE STREET GROUP, LLC New +126,557+126.6k
Quadrature Capital Ltd Added +120,076+120.1k
LPL Financial LLC Added +106,653+106.7k
GTS SECURITIES LLC New +95,971+96.0k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -640,518-640.5k
BNP PARIBAS FINANCIAL MARKETS Reduced -599,991-600.0k
Soundwatch Capital LLC Sold out -482,182-482.2k
TUDOR INVESTMENT CORP ET AL Reduced -234,650-234.7k
Guerra Advisors Inc Reduced -187,897-187.9k
Cetera Investment Advisers Reduced -118,039-118.0k
Kestra Advisory Services, LLC Reduced -97,423-97.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -96,231-96.2k
Bank of New York Mellon Corp Reduced -84,933-84.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -69,230-69.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m45.0k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 0.17% of their portfolio Los Angeles, CA 1,713,6951.7m $42.4m $42.4m 0.17% Added +151.9k +151,870
2 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,325,2951.3m $32.8m $32.8m 0.04% Reduced -96.2k -96,231
3 AGF MANAGEMENT LTD 0.10% of their portfolio TORONTO, A6 933,266933.3k $23.1m $23.1m 0.10% Added +35.3k +35,346
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 881,139881.1k $21.8m $21.8m 0.01% Added +106.7k +106,653
5 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 752,617752.6k $18.6m $18.6m 0.02% Added +6.7k +6,712
6 Yarbrough Capital, LLC 0.55% of their portfolio FRANKLIN, TN 711,695711.7k $17.6m $17.6m 0.55% Unchanged
7 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 582,130582.1k $14.4m $14.4m 0.00% Reduced -640.5k -640,518
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 551,524551.5k $13.6m $13.6m 0.01% Reduced -69.2k -69,230
9 HILLTOP WEALTH ADVISORS, LLC 6.73% of their portfolio CHAPEL HILL, NC 522,207522.2k $12.9m $12.9m 6.73% New
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 467,486467.5k $11.6m $11.6m 0.00% Added +2.2k +2,180
11 Tower Research Capital LLC (TRC) 0.30% of their portfolio NEW YORK, NY 441,631441.6k $10.9m $10.9m 0.30% New
12 Quadrature Capital Ltd 0.11% of their portfolio LONDON, X0 387,630387.6k $9.6m $9.6m 0.11% Added +120.1k +120,076
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 307,755307.8k $7.6m $7.6m 0.01% Reduced -118.0k -118,039
14 Cutler Capital Management, LLC 2.14% of their portfolio WORCESTER, MA 271,219271.2k $6.7m $6.7m 2.14% Added +710 +710
15 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 264,627264.6k $6.6m $6.6m 0.01% Added +57.4k +57,417
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 224,909224.9k $5.6m $5.6m 0.00% Reduced -163 -163
17 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 218,564218.6k $5.4m $5.4m 0.03% Reduced -964 -964
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 198,595198.6k $4.9m $4.9m 0.00% Reduced -6.9k -6,865
19 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 193,663193.7k $4.8m $4.8m 0.00% Added +127.3k +127,320
20 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 182,232182.2k $4.5m $4.5m 0.00% New
21 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 179,272179.3k $4.4m $4.4m 0.00% Added +7.5k +7,526
22 Eley Financial Management, Inc 1.58% of their portfolio SOUTH BURLINGTON, VT 177,456177.5k $4.4m $4.4m 1.58% Added +2.9k +2,865
23 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 170,153170.2k $4.2m $4.2m 0.02% Reduced -97.4k -97,423
24 KCM INVESTMENT ADVISORS LLC 0.13% of their portfolio GREENBRAE, CA 168,149168.1k $4.2m $4.2m 0.13% Reduced -5.1k -5,144
25 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 161,600161.6k $4.0m $4.0m 0.01% New
26 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 160,896160.9k $4.0m $4.0m 0.02% Added +3.3k +3,301
27 Traynor Capital Management, Inc. 0.22% of their portfolio MALVERN, PA 153,218153.2k $3.8m $3.8m 0.22% Reduced -6.9k -6,875
28 Composition Wealth, LLC 0.06% of their portfolio LOS ANGELES, CA 152,881152.9k $3.8m $3.8m 0.06% Added +12.2k +12,167
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 149,950149.9k $3.7m $3.7m 0.00% Added +76.4k +76,352
30 Financial Partners Group, Inc 0.44% of their portfolio Overland Park, KS 141,508141.5k $3.5m $3.5m 0.44% Reduced -24.4k -24,443
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 126,557126.6k $3.1m $3.1m 0.00% New
32 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 119,553119.6k $3.0m $3.0m 0.02% Added +11.7k +11,733
33 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 118,235118.2k $2.9m $2.9m 0.02% Added +9.2k +9,210
34 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 117,818117.8k $2.9m $2.9m 0.01% Reduced -9.1k -9,090
35 Yoder Wealth Management, Inc. 1.30% of their portfolio WALNUT CREEK, CA 111,441111.4k $2.8m $2.8m 1.30% Added +3.6k +3,590
36 Maltin Wealth Management, Inc. 1.11% of their portfolio RIDGEWOOD, NJ 108,061108.1k $2.7m $2.7m 1.11% Added +2.9k +2,933
37 Jacobi Capital Management LLC 0.16% of their portfolio PITTSTON, PA 106,236106.2k $2.6m $2.6m 0.16% Reduced -2.0k -1,995
38 Trail Ridge Investment Advisors, LLC 1.16% of their portfolio FORT COLLINS, CO 104,963105.0k $2.6m $2.6m 1.16% Added +472 +472
39 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 104,877104.9k $2.6m $2.6m 0.00% Reduced -177 -177
40 Maxele Advisors, LLC 2.09% of their portfolio WEBSTER GROVES, MO 97,98798.0k $2.4m $2.4m 2.09% Reduced -3.6k -3,614
41 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 95,97196.0k $2.4m $2.4m 0.09% New
42 FMR LLC 0.00% of their portfolio BOSTON, MA 87,00387.0k $2.2m $2.2m 0.00% Added +13.0k +12,986
43 Wealth Quarterback LLC 0.82% of their portfolio TOMS RIVER, NJ 85,73185.7k $2.1m $2.1m 0.82% Added +5.0k +4,952
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 82,56582.6k $2.0m $2.0m 0.00% Added +7.6k +7,584
45 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 80,98381.0k $2.0m $2.0m 0.03% Added +68.3k +68,285
46 Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio HONG KONG, K3 78,86778.9k $1.9m $1.9m 0.05% New
47 SYNTAX RESEARCH, INC. 1.22% of their portfolio BOCA RATON, FL 76,98677.0k $1.9m $1.9m 1.22% New
48 Sunbelt Securities, Inc. 0.13% of their portfolio HOUSTON, TX 76,47176.5k $1.9m $1.9m 0.13% Reduced -30.9k -30,899
49 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 75,98076.0k $1.9m $1.9m 0.00% Added +29.7k +29,723
50 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 75,30975.3k $1.9m $1.9m 0.00% New
51 Beaumont Financial Advisors, LLC 0.12% of their portfolio NEEDHAM, MA 70,10370.1k $1.7m $1.7m 0.12% Added +52.5k +52,526
52 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 68,35368.4k $1.7m $1.7m 0.02% Added +15.9k +15,858
53 Aspetuck Financial Management LLC 1.15% of their portfolio WESTPORT, CT 67,94367.9k $1.7m $1.7m 1.15% Reduced -1.5k -1,543
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 65,00565.0k $1.6m $1.6m 0.00% Reduced -46.3k -46,325
55 Guerra Advisors Inc 0.59% of their portfolio MIAMI, FL 64,18064.2k $1.6m $1.6m 0.59% Reduced -187.9k -187,897
56 Mariner, LLC 0.00% of their portfolio Overland Park, KS 61,75461.8k $1.5m $1.5m 0.00% Reduced -17.8k -17,806
57 LYNCH & ASSOCIATES/IN 0.27% of their portfolio EVANSVILLE, IN 57,51857.5k $1.4m $1.4m 0.27% Added +3.0k +3,013
58 Heck Capital Advisors, LLC 0.11% of their portfolio Rhinelander, WI 56,65256.7k $1.4m $1.4m 0.11% Added +170 +170
59 Financial Perspectives, Inc 0.39% of their portfolio MINNEAPOLIS, MN 56,61756.6k $1.4m $1.4m 0.39% Reduced -499 -499
60 Stratos Wealth Advisors, LLC 0.06% of their portfolio BEACHWOOD, OH 51,20851.2k $1.3m $1.3m 0.06% Added +1.7k +1,740
61 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 50,41450.4k $1.2m $1.2m 0.00% Reduced -84.9k -84,933
62 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 49,79749.8k $1.2m $1.2m 0.03% Added +349 +349
63 Glass Jacobson Investment Advisors llc 0.44% of their portfolio OWINGS MILLS, MD 48,96549.0k $1.2m $1.2m 0.44% Reduced -842 -842
64 Full Sail Capital, LLC 0.07% of their portfolio OKLAHOMA CITY, OK 48,62448.6k $1.2m $1.2m 0.07% Reduced -49 -49
65 Smith Salley Wealth Management 0.06% of their portfolio GREENSBORO, NC 48,17148.2k $1.2m $1.2m 0.06% Reduced -271 -271
66 EPG Wealth Management LLC 0.31% of their portfolio ATLANTA, GA 45,84945.8k $1.1m $1.1m 0.31% Added +317 +317
67 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 43,82143.8k $1.1m $1.1m 0.00% Unchanged
68 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 40,88540.9k $1.0m $1.0m 0.01% Added +285 +285
69 PARSONS CAPITAL MANAGEMENT INC/RI 0.06% of their portfolio PROVIDENCE, RI 40,34940.3k $997.4k $997.4k 0.06% Reduced -425 -425
70 SHEETS SMITH WEALTH MANAGEMENT 0.11% of their portfolio WINSTON-SALEM, NC 40,11840.1k $991.7k $991.7k 0.11% Reduced -876 -876
71 VCI Wealth Management LLC 0.29% of their portfolio ST LOUIS, MO 38,20738.2k $944.5k $944.5k 0.29% Reduced -2.5k -2,521
72 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 37,71537.7k $932.3k $932.3k 0.00% Reduced -2.7k -2,710
73 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 36,48536.5k $902.0k $902.0k 0.01% Reduced -66.1k -66,115
74 Bravias Capital Group, LLC 0.57% of their portfolio ISELIN, NJ 34,30734.3k $848.1k $848.1k 0.57% Added +2.3k +2,270
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 33,55933.6k $829.6k $829.6k 0.00% Added +1.9k +1,934
76 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 33,22133.2k $821.0k $821.0k 0.00% Reduced -322 -322
77 Perigon Wealth Management, LLC 0.02% of their portfolio SAN FRANCISCO, CA 33,12233.1k $818.8k $818.8k 0.02% New
78 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 33,01633.0k $816.2k $816.2k 0.04% New
79 VICUS CAPITAL 0.06% of their portfolio STATE COLLEGE, PA 31,24431.2k $772.3k $772.3k 0.06% Added +188 +188
80 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 29,60129.6k $731.7k $731.7k 0.00% Reduced -1.1k -1,099
81 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 29,36729.4k $725.0k $725.0k 0.00% New
82 Financial Freedom, LLC 0.35% of their portfolio CINCINNATI, OH 28,18328.2k $696.7k $696.7k 0.35% Added +225 +225
83 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 27,71027.7k $685.0k $685.0k 0.02% Added +487 +487
84 OneAscent Financial Services LLC 0.05% of their portfolio BIRMINGHAM, AL 27,68227.7k $684.3k $684.3k 0.05% Added +3.9k +3,945
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 26,68426.7k $659.6k $659.6k 0.00% Added +12.5k +12,532
86 Bank of Marin 0.46% of their portfolio Novato, CA 26,24926.2k $648.9k $648.9k 0.46% Reduced -404 -404
87 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 25,81325.8k $638.1k $638.1k 0.00% Added +20.6k +20,594
88 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 25,42925.4k $628.6k $628.6k 0.02% Reduced -722 -722
89 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 25,00425.0k $618.1k $618.1k 0.01% Reduced -1.9k -1,894
90 KDK Private Wealth Management, LLC 0.62% of their portfolio Houston, TX 24,58924.6k $607.8k $607.8k 0.62% Reduced -648 -648
91 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 24,03524.0k $594.1k $594.1k 0.01% Added +552 +552
92 Roxbury Financial LLC 0.54% of their portfolio MOUNT ARLINGTON, NJ 23,79823.8k $588.3k $588.3k 0.54% Reduced -809 -809
93 Valmark Advisers, Inc. 0.01% of their portfolio AKRON, OH 23,74323.7k $586.9k $586.9k 0.01% Added +303 +303
94 AMERICAN NATIONAL BANK & TRUST 0.06% of their portfolio WICHITA FALLS, TX 23,16023.2k $572.5k $572.5k 0.06% Reduced -4.0k -3,955
95 TWO SIGMA SECURITIES, LLC 0.08% of their portfolio NEW YORK, NY 22,66422.7k $560.3k $560.3k 0.08% New
96 Castleview Partners, LLC 0.30% of their portfolio DALLAS, TX 22,31022.3k $551.5k $551.5k 0.30% Added +1.8k +1,773
97 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 21,07821.1k $521.0k $521.0k 0.00% Reduced -234.7k -234,650
98 AA Financial Advisors, LLC 0.10% of their portfolio Columbus, OH 20,46220.5k $505.8k $505.8k 0.10% Added +1.3k +1,344
99 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 20,15820.2k $498.3k $498.3k 0.00% Reduced -8.8k -8,833
100 Prairie Wealth Advisors, Inc. 0.20% of their portfolio OMAHA, NE 19,70019.7k $487.0k $487.0k 0.20% Reduced -7.0k -6,985