Vault-13

FIDELITY COVINGTON TRUST FNCL

MSCI FINLS IDX · ETP · CUSIP 316092501

178 institutional holders +2 vs Q1 2023
9,718,9299.7m shares reported held*
$459.4mreported value*
18 new 47 added 70 reduced 18 sold out net sold ≈ $12.2m (-270.3k 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 ≈ $47.27. Options: 5 managers hold calls ($5.7m notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 184Q4 22: 199Q1 23: 176Q2 23: 178178Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022184
Q4 2022199
Q1 2023176
Q2 2023178

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 83 bought or addedQ4 22: 75 cut or sold outQ4 22Q1 23: 61 bought or addedQ1 23: 107 cut or sold outQ1 23Q2 23: 65 bought or addedQ2 23: 88 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228375
Q1 202361107
Q2 20236588

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 22 calls: $1.3mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $1.6mQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $1.5mQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $5.7mQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3m$00.00
Q4 2022$1.6m$00.00
Q1 2023$1.5m$00.00
Q2 2023$5.7m$00.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +611,894+611.9k
Lido Advisors, LLC Added +352,680+352.7k
Connectus Wealth, LLC Added +60,608+60.6k
AGF MANAGEMENT LTD Added +46,175+46.2k
AE Wealth Management LLC Added +29,533+29.5k
U.S. Capital Wealth Advisors, LLC New +26,215+26.2k
Full Sail Capital, LLC Added +13,970+14.0k
Dynamic Advisor Solutions LLC New +8,070+8.1k
Yoder Wealth Management, Inc. Added +6,638+6.6k
Fisher Asset Management, LLC New +5,769+5.8k

Biggest sellers

Raymond James Financial Services Advisors, Inc. Reduced -397,739-397.7k
Kestra Advisory Services, LLC Reduced -173,451-173.5k
CX Institutional Reduced -90,730-90.7k
Eley Financial Management, Inc Sold out -67,636-67.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -63,848-63.8k
CITADEL ADVISORS LLC Reduced -55,423-55.4k
OSAIC HOLDINGS, INC. Reduced -52,296-52.3k
Cambridge Investment Research Advisors, Inc. Reduced -48,206-48.2k
FMR LLC Reduced -34,073-34.1k
WELLS FARGO & COMPANY/MN Reduced -31,021-31.0k

Biggest calls

Cresset Asset Management, LLC New $4.2m90.0k shares
SIMPLEX TRADING, LLC Reduced $759.0k14.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $739.0k15.7k shares
Cutler Group LLC / CA Unchanged $1.0k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Cutler Group LLC / CA Unchanged $0100 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 2,175,2082.2m $102.4m $102.4m 0.03% Reduced -63.8k -63,848
2 Lido Advisors, LLC 1.00% of their portfolio Los Angeles, CA 1,879,9951.9m $88.5m $88.5m 1.00% Added +352.7k +352,680
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 672,248672.2k $31.6m $31.6m 0.00% Added +611.9k +611,894
4 Full Sail Capital, LLC 2.11% of their portfolio OKLAHOMA CITY, OK 525,544525.5k $24.7m $24.7m 2.11% Added +14.0k +13,970
5 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 344,068344.1k $16.2m $16.2m 0.03% Reduced -23.2k -23,241
6 CW Advisors, LLC 0.34% of their portfolio BOSTON, MA 315,181315.2k $14.8m $14.8m 0.34% Reduced -10.8k -10,795
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 197,573197.6k $9.3m $9.3m 0.00% Reduced -17.2k -17,155
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 193,870193.9k $9.1m $9.1m 0.00% Reduced -1.3k -1,337
9 Connectus Wealth, LLC 0.19% of their portfolio CINCINNATI, OH 172,847172.8k $8.1m $8.1m 0.19% Added +60.6k +60,608
10 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 151,597151.6k $7.1m $7.1m 0.01% Reduced -12.4k -12,421
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 151,180151.2k $7.1m $7.1m 0.01% Reduced -52.3k -52,296
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 148,236148.2k $7.0m $7.0m 0.01% Added +1.5k +1,468
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,451128.5k $6.0m $6.0m 0.00% Reduced -31.0k -31,021
14 Quantitative Strategies, Inc. 3.96% of their portfolio CALABASAS, CA 125,196125.2k $5.9m $5.9m 3.96% First filing
15 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 114,436114.4k $5.4m $5.4m 0.04% Added +46.2k +46,175
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 112,327112.3k $5.3m $5.3m 0.00% Reduced -16.8k -16,757
17 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 106,383106.4k $5.0m $5.0m 0.05% Reduced -173.5k -173,451
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 105,085105.1k $4.9m $4.9m 0.00% Reduced -20.2k -20,183
19 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 102,082102.1k $4.8m $4.8m 0.02% Reduced -48.2k -48,206
20 Galvin, Gaustad & Stein, LLC 0.46% of their portfolio Scottsdale, AZ 100,606100.6k $4.7m $4.7m 0.46% Reduced -3.3k -3,336
21 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 97,64197.6k $4.6m $4.6m 0.03% Added +29.5k +29,533
22 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 95,67095.7k $4.5m $4.5m 0.01% Reduced -7.6k -7,616
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 88,09688.1k $4.1m $4.1m 0.00% Reduced -4.8k -4,848
24 USAdvisors Wealth Management, LLC 1.92% of their portfolio EDEN PRAIRIE, MN 85,65285.7k $4.1m $4.1m 1.92% Added +287 +287
25 Advisory Services Network, LLC 0.10% of their portfolio ATLANTA, GA 82,51382.5k $3.9m $3.9m 0.10% Reduced -303 -303
26 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 75,46575.5k $3.6m $3.6m 0.01% Added +1.8k +1,826
27 Patriot Financial Group Insurance Agency, LLC 0.62% of their portfolio Westborough, MA 69,64569.6k $3.3m $3.3m 0.62% Added +1.5k +1,451
28 Maltin Wealth Management, Inc. 1.66% of their portfolio RIDGEWOOD, NJ 49,82449.8k $2.3m $2.3m 1.66% Added +1.9k +1,860
29 FMR LLC 0.00% of their portfolio BOSTON, MA 43,32343.3k $2.0m $2.0m 0.00% Reduced -34.1k -34,073
30 Yoder Wealth Management, Inc. 1.56% of their portfolio WALNUT CREEK, CA 42,07642.1k $2.0m $2.0m 1.56% Added +6.6k +6,638
31 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 41,00641.0k $1.9m $1.9m 0.04% Reduced -9.2k -9,220
32 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 40,69640.7k $1.9m $1.9m 0.02% Reduced -1.4k -1,417
33 Exchange Capital Management, Inc. 0.34% of their portfolio Ann Arbor, MI 39,40939.4k $1.9m $1.9m 0.34% Reduced -2.0k -2,036
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 38,26838.3k $1.8m $1.8m 0.00% Reduced -4.9k -4,863
35 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,58837.6k $1.8m $1.8m 0.00% Reduced -25.5k -25,500
36 Smith Salley Wealth Management 0.12% of their portfolio GREENSBORO, NC 35,05635.1k $1.7m $1.7m 0.12% Added +1.2k +1,190
37 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 34,95135.0k $1.6m $1.6m 0.06% Added +768 +768
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 34,64234.6k $1.6m $1.6m 0.00% Reduced -6.7k -6,724
39 Birchcreek Wealth Management, LLC 1.06% of their portfolio MIAMI TOWNSHIP, OH 32,13432.1k $1.5m $1.5m 1.06% Reduced -1.2k -1,248
40 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 31,09831.1k $1.5m $1.5m 0.00% Reduced -55.4k -55,423
41 Ameritas Advisory Services, LLC 0.17% of their portfolio Lincoln, NE 28,65028.6k $1.3m $1.3m 0.17% Reduced -4.7k -4,742
42 Pitti Group Wealth Management, LLC 1.49% of their portfolio VICTOR, NY 28,32528.3k $1.3m $1.3m 1.49% Reduced -1.6k -1,550
43 Robertson Stephens Wealth Management, LLC 0.10% of their portfolio San Francisco, CA 28,05628.1k $1.3m $1.3m 0.10% Reduced -637 -637
44 PFG Advisors 0.10% of their portfolio Phoenix, AZ 27,00427.0k $1.3m $1.3m 0.10% Reduced -67 -67
45 LYNCH & ASSOCIATES/IN 0.32% of their portfolio EVANSVILLE, IN 26,49826.5k $1.2m $1.2m 0.32% Added +80 +80
46 U.S. Capital Wealth Advisors, LLC 0.06% of their portfolio AUSTIN, TX 26,21526.2k $1.2m $1.2m 0.06% New
47 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 25,16925.2k $1.2m $1.2m 0.02% Reduced -9.9k -9,857
48 Bouvel Investment Partners, LLC 0.64% of their portfolio PHOENIXVILLE, PA 24,90424.9k $1.2m $1.2m 0.64% Reduced -267 -267
49 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 23,39823.4k $1.1m $1.1m 0.04% Added +1.7k +1,736
50 Traynor Capital Management, Inc. 0.14% of their portfolio MALVERN, PA 23,02323.0k $1.1m $1.1m 0.14% Reduced -828 -828
51 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 22,99623.0k $1.1m $1.1m 0.04% Reduced -177 -177
52 RFG Advisory, LLC 0.05% of their portfolio BIRMINGHAM, AL 22,50722.5k $1.1m $1.1m 0.05% Reduced -30.8k -30,801
53 Faithward Advisors, LLC 0.22% of their portfolio LANCASTER, PA 19,63919.6k $963.7k $963.7k 0.22% Reduced -947 -947
54 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 18,75318.8k $882.7k $882.7k 0.03% Reduced -10.5k -10,477
55 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 18,32518.3k $862.6k $862.6k 0.03% Added +2.4k +2,405
56 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 15,45315.5k $727.0k $727.0k 0.00% Reduced -619 -619
57 G2 CAPITAL MANAGEMENT, LLC / OH 0.31% of their portfolio COLUMBUS, OH 15,18715.2k $714.9k $714.9k 0.31% Unchanged
58 RAYMOND JAMES TRUST N.A. 0.02% of their portfolio ST. PETERSBURG, FL 14,77714.8k $696.0k $696.0k 0.02% Reduced -9.4k -9,423
59 Western Wealth Management, LLC 0.06% of their portfolio GOLDEN, CO 13,82813.8k $650.9k $650.9k 0.06% Added +5 +5
60 PGIM Custom Harvest LLC 0.02% of their portfolio NEWARK, NJ 13,39013.4k $630.3k $630.3k 0.02% Unchanged
61 Rappaport Reiches Capital Management, LLC 0.26% of their portfolio SKOKIE`, IL 13,06613.1k $615.0k $615.0k 0.26% Added +77 +77
62 CX Institutional 0.03% of their portfolio AUBURN, IN 12,82212.8k $603.5k $603.5k 0.03% Reduced -90.7k -90,730
63 ATLAS CAPITAL ADVISORS INC. 0.09% of their portfolio JACKSON, WY 12,36912.4k $582.2k $582.2k 0.09% Reduced -4.0k -4,036
64 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 12,08912.1k $569.0k $569.0k 0.01% Reduced -162 -162
65 Cedrus LLC 0.38% of their portfolio Littleton, CO 11,39511.4k $536.4k $536.4k 0.38% Added +14 +14
66 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 11,28411.3k $531.1k $531.1k 0.00% Reduced -1.0k -1,041
67 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 11,27211.3k $530.6k $530.6k 0.00% Reduced -397.7k -397,739
68 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 10,65410.7k $501.5k $501.5k 0.01% Added +4.2k +4,246
69 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 10,65410.7k $501.5k $501.5k 0.01% Added +4.2k +4,246
70 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 10,48710.5k $493.6k $493.6k 0.00% Reduced -241 -241
71 Court Place Advisors, LLC 0.16% of their portfolio ELLICOTT CITY, MD 9,6379.6k $453.6k $453.6k 0.16% Reduced -3.6k -3,600
72 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,4679.5k $446.0k $446.0k 0.00% Reduced -8.0k -7,957
73 Glass Jacobson Investment Advisors llc 0.20% of their portfolio OWINGS MILLS, MD 9,4499.4k $444.7k $444.7k 0.20% First filing
74 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 8,5598.6k $403.0k $403.0k 0.04% Reduced -1.9k -1,939
75 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,3048.3k $390.8k $390.8k 0.00% Reduced -8.5k -8,458
76 Dynamic Advisor Solutions LLC 0.02% of their portfolio PHOENIX, AZ 8,0708.1k $379.9k $379.9k 0.02% New
77 MCDONALD PARTNERS LLC 0.11% of their portfolio CLEVELAND, OH 7,8007.8k $367.1k $367.1k 0.11% Unchanged
78 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.09% of their portfolio CONCORD, MA 7,7927.8k $366.8k $366.8k 0.09% Added +150 +150
79 Reitz Capital Advisors LLC 0.31% of their portfolio FREELAND, MI 7,1157.1k $334.9k $334.9k 0.31% Unchanged
80 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 7,0667.1k $333.0k $333.0k 0.00% Reduced -1.5k -1,522
81 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 7,0167.0k $330.2k $330.2k 0.00% Reduced -26.6k -26,628
82 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 7,0097.0k $329.9k $329.9k 0.05% Reduced -70 -70
83 Pacific Sun Financial Corp 0.19% of their portfolio LOS ANGELES, CA 6,3596.4k $286.8k $286.8k 0.19% First filing
84 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,2946.3k $296.3k $296.3k 0.00% Added +1.6k +1,646
85 D.B. Root & Company, LLC 0.11% of their portfolio PITTSBURGH, PA 5,9836.0k $281.6k $281.6k 0.11% Unchanged
86 Secure Asset Management, LLC 0.08% of their portfolio Troy, MI 5,9245.9k $278.8k $278.8k 0.08% Added +673 +673
87 Capital Investment Counsel, Inc 0.05% of their portfolio RALEIGH, NC 5,9085.9k $278.1k $278.1k 0.05% Reduced -550 -550
88 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,7725.8k $271.7k $271.7k 0.00% Added +317 +317
89 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 5,7695.8k $271.6k $271.6k 0.00% New
90 WBH ADVISORY INC 0.03% of their portfolio BALTIMORE, MD 5,6425.6k $265.6k $265.6k 0.03% Unchanged
91 River Wealth Advisors LLC 0.04% of their portfolio CAMP HILL, PA 5,6285.6k $264.9k $264.9k 0.04% Added +159 +159
92 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 5,4455.4k $256.3k $256.3k 0.00% Reduced -29.6k -29,619
93 Transamerica Financial Advisors, LLC 0.03% of their portfolio CEDAR RAPIDS, IA 5,1065.1k $241.0k $241.0k 0.03% Reduced -25 -25
94 Advisors Capital Management, LLC 0.01% of their portfolio RIDGEWOOD, NJ 5,0335.0k $237.0k $237.0k 0.01% Added +240 +240
95 Financial Freedom, LLC 0.17% of their portfolio CINCINNATI, OH 5,0195.0k $236.2k $236.2k 0.17% Added +27 +27
96 Nvest Financial, LLC 0.20% of their portfolio PORTSMOUTH, NH 4,9294.9k $232.0k $232.0k 0.20% Reduced -12.5k -12,547
97 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 4,7404.7k $223.1k $223.1k 0.02% Reduced -4.2k -4,211
98 SMITH CHAS P & ASSOCIATES PA CPAS 0.01% of their portfolio LAKELAND, FL 4,3514.4k $205.0k $205.0k 0.01% New
99 Cornerstone Management, Inc. 0.05% of their portfolio DULUTH, GA 4,3264.3k $203.6k $203.6k 0.05% Reduced -5.3k -5,297
100 Freedom Investment Management, Inc. 0.02% of their portfolio SOUTH WINDSOR, CT 4,2574.3k $200.4k $200.4k 0.02% Reduced -3.5k -3,459