Vault-13

FIDELITY COVINGTON TRUST FNCL

MSCI FINLS IDX · ETP · CUSIP 316092501

195 institutional holders +2 vs Q4 2023
10,196,57810.2m shares reported held*
$605.5mreported value*
25 new 56 added 61 reduced 24 sold out net sold ≈ $3.7m (-62.8k 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 ($12.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.38. Options: 4 managers hold calls ($1.0m notional), 0 hold puts (—).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 184Q4 22: 199Q1 23: 176Q2 23: 178Q3 23: 178Q4 23: 193Q1 24: 195195Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022184
Q4 2022199
Q1 2023176
Q2 2023178
Q3 2023178
Q4 2023193
Q1 2024195

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 23Q3 23: 75 bought or addedQ3 23: 62 cut or sold outQ3 23Q4 23: 81 bought or addedQ4 23: 78 cut or sold outQ4 23Q1 24: 81 bought or addedQ1 24: 85 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228375
Q1 202361107
Q2 20236588
Q3 20237562
Q4 20238178
Q1 20248185

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 23 calls: $5.7mQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $1.8mQ3 23 puts: $1.0kQ3 23P/C 0.00Q4 23 calls: $992.8kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $1.0mQ1 24 puts: $0Q1 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2023$5.7m$00.00
Q3 2023$1.8m$1.0k0.00
Q4 2023$992.8k$00.00
Q1 2024$1.0m$00.00

Biggest buyers

MORGAN STANLEY Added +274,811+274.8k
Q3 Asset Management Added +194,726+194.7k
Connectus Wealth, LLC Added +156,520+156.5k
Thrivent Financial for Lutherans Added +106,458+106.5k
AGF MANAGEMENT LTD Added +80,265+80.3k
CITADEL ADVISORS LLC New +72,080+72.1k
Advisory Services Network, LLC Added +49,069+49.1k
Lido Advisors, LLC Added +45,462+45.5k
RENAISSANCE TECHNOLOGIES LLC New +13,300+13.3k
AMERIPRISE FINANCIAL INC Added +11,656+11.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -413,865-413.9k
Galvin, Gaustad & Stein, LLC Reduced -149,900-149.9k
AE Wealth Management LLC Reduced -70,132-70.1k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -63,480-63.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -59,532-59.5k
WIN ADVISORS, INC Sold out -56,589-56.6k
Richard C. Young & CO., LTD. Sold out -44,638-44.6k
Patriot Financial Group Insurance Agency, LLC Reduced -39,119-39.1k
Pinnacle Wealth Management Group, Inc. Sold out -33,392-33.4k
OSAIC HOLDINGS, INC. Reduced -29,256-29.3k

Biggest calls

SIMPLEX TRADING, LLC Added $712.0k21.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $314.8k5.3k shares
Cutler Group LLC / CA Reduced $1.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 1.21% of their portfolio Los Angeles, CA 2,269,4972.3m $134.8m $134.8m 1.21% Added +45.5k +45,462
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,093,9312.1m $124.4m $124.4m 0.03% Reduced -63.5k -63,480
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 706,761706.8k $42.0m $42.0m 0.00% Added +274.8k +274,811
4 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 365,442365.4k $21.7m $21.7m 0.04% Reduced -59.5k -59,532
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 345,458345.5k $20.5m $20.5m 0.00% Reduced -12.5k -12,502
6 CW Advisors, LLC 0.32% of their portfolio BOSTON, MA 311,620311.6k $18.5m $18.5m 0.32% Added +5.1k +5,073
7 Full Sail Capital, LLC 1.21% of their portfolio OKLAHOMA CITY, OK 291,795291.8k $17.3m $17.3m 1.21% Reduced -5.9k -5,944
8 Q3 Asset Management 4.58% of their portfolio BIRMINGHAM, MI 271,528271.5k $16.1m $16.1m 4.58% Added +194.7k +194,726
9 AGF MANAGEMENT LTD 0.08% of their portfolio TORONTO, A6 248,750248.8k $14.8m $14.8m 0.08% Added +80.3k +80,265
10 Connectus Wealth, LLC 0.33% of their portfolio CINCINNATI, OH 204,344204.3k $12.1m $12.1m 0.33% Added +156.5k +156,520
11 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 173,842173.8k $10.3m $10.3m 0.02% Reduced -4.4k -4,353
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 163,344163.3k $9.7m $9.7m 0.01% Reduced -97 -97
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 144,746144.7k $8.6m $8.6m 0.00% Added +5.9k +5,902
14 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 135,138135.1k $8.0m $8.0m 0.02% Reduced -29.3k -29,256
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 130,019130.0k $7.7m $7.7m 0.00% Reduced -14.7k -14,742
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 128,242128.2k $7.6m $7.6m 0.00% Reduced -3.1k -3,059
17 Advisory Services Network, LLC 0.17% of their portfolio ATLANTA, GA 126,289126.3k $7.5m $7.5m 0.17% Added +49.1k +49,069
18 Quantitative Strategies, Inc. 4.11% of their portfolio CALABASAS, CA 120,088120.1k $7.1m $7.1m 4.11% Reduced -5.4k -5,429
19 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 113,393113.4k $6.7m $6.7m 0.01% Added +106.5k +106,458
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 72,08072.1k $4.3m $4.3m 0.00% New
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 70,30770.3k $4.2m $4.2m 0.00% Reduced -413.9k -413,865
22 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 66,39166.4k $3.9m $3.9m 0.03% Reduced -4.4k -4,384
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 57,83157.8k $3.4m $3.4m 0.01% Reduced -8.1k -8,052
24 VCI Wealth Management LLC 2.21% of their portfolio ST LOUIS, MO 54,95955.0k $3.3m $3.3m 2.21% Reduced -11.2k -11,199
25 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 53,01353.0k $3.1m $3.1m 0.04% Reduced -70.1k -70,132
26 Maltin Wealth Management, Inc. 1.76% of their portfolio RIDGEWOOD, NJ 52,70152.7k $3.1m $3.1m 1.76% Added +1.9k +1,909
27 FMR LLC 0.00% of their portfolio BOSTON, MA 51,52051.5k $3.1m $3.1m 0.00% Added +4.2k +4,157
28 Yoder Wealth Management, Inc. 1.93% of their portfolio WALNUT CREEK, CA 49,78049.8k $3.0m $3.0m 1.93% Reduced -211 -211
29 Mariner, LLC 0.01% of their portfolio Overland Park, KS 48,23848.2k $2.9m $2.9m 0.01% Added +1.1k +1,055
30 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 45,95846.0k $2.7m $2.7m 0.04% Added +1.9k +1,916
31 Smith Salley Wealth Management 0.19% of their portfolio GREENSBORO, NC 40,61540.6k $2.4m $2.4m 0.19% Added +5.8k +5,766
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 38,37138.4k $2.3m $2.3m 0.00% Reduced -2.9k -2,887
33 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 36,81736.8k $2.2m $2.2m 0.03% Reduced -4.8k -4,805
34 Exchange Capital Management, Inc. 0.35% of their portfolio Ann Arbor, MI 36,70036.7k $2.2m $2.2m 0.35% Reduced -2.0k -1,971
35 KESTRA PRIVATE WEALTH SERVICES, LLC 0.05% of their portfolio AUSTIN, TX 34,40534.4k $2.0m $2.0m 0.05% Added +450 +450
36 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 33,08433.1k $2.0m $2.0m 0.02% Reduced -15.3k -15,348
37 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 33,08433.1k $2.0m $2.0m 0.02% Reduced -15.3k -15,348
38 LYNCH & ASSOCIATES/IN 0.45% of their portfolio EVANSVILLE, IN 32,68932.7k $1.9m $1.9m 0.45% Added +2.6k +2,642
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 30,20030.2k $1.8m $1.8m 0.00% Added +11.7k +11,656
40 Ameritas Advisory Services, LLC 0.07% of their portfolio Lincoln, NE 29,61329.6k $1.7m $1.7m 0.07% Added +3.6k +3,605
41 Patriot Financial Group Insurance Agency, LLC 0.28% of their portfolio Westborough, MA 29,24729.2k $1.7m $1.7m 0.28% Reduced -39.1k -39,119
42 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 28,82828.8k $1.7m $1.7m 0.05% Added +8.6k +8,590
43 Galvin, Gaustad & Stein, LLC 0.15% of their portfolio Scottsdale, AZ 28,27628.3k $1.7m $1.7m 0.15% Reduced -149.9k -149,900
44 Robertson Stephens Wealth Management, LLC 0.09% of their portfolio San Francisco, CA 27,93427.9k $1.7m $1.7m 0.09% Reduced -100 -100
45 PFG Advisors 0.12% of their portfolio Phoenix, AZ 27,72727.7k $1.6m $1.6m 0.12% Added +533 +533
46 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 27,10927.1k $1.6m $1.6m 0.02% Added +251 +251
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 26,81126.8k $1.6m $1.6m 0.00% Reduced -2.5k -2,455
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,71825.7k $1.5m $1.5m 0.00% Reduced -25.1k -25,084
49 CX Institutional 0.07% of their portfolio AUBURN, IN 23,40223.4k $1.4m $1.4m 0.07% Added +237 +237
50 Birchcreek Wealth Management, LLC 0.66% of their portfolio MIAMI TOWNSHIP, OH 21,26221.3k $1.3m $1.3m 0.66% Reduced -2.4k -2,446
51 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 21,02321.0k $1.2m $1.2m 0.10% Reduced -4.4k -4,417
52 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 20,04520.0k $1.2m $1.2m 0.00% Reduced -461 -461
53 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 17,26317.3k $987.4k $987.4k 0.02% Reduced -2.6k -2,563
54 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 16,19416.2k $962.0k $962.0k 0.03% Added +7.9k +7,914
55 Retirement Planning Group, LLC 0.07% of their portfolio LEAWOOD, KS 16,08116.1k $955.2k $955.2k 0.07% Unchanged
56 Traynor Capital Management, Inc. 0.09% of their portfolio MALVERN, PA 15,90215.9k $944.6k $944.6k 0.09% Added +553 +553
57 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,87015.9k $942.7k $942.7k 0.00% Added +5.6k +5,576
58 ATLAS CAPITAL ADVISORS INC. 0.15% of their portfolio JACKSON, WY 15,81115.8k $939.2k $939.2k 0.15% Added +969 +969
59 G2 CAPITAL MANAGEMENT, LLC / OH 0.29% of their portfolio COLUMBUS, OH 15,18715.2k $902.1k $902.1k 0.29% Unchanged
60 Faithward Advisors, LLC 0.16% of their portfolio LANCASTER, PA 14,87014.9k $883.3k $883.3k 0.16% Reduced -157 -157
61 Western Wealth Management, LLC 0.06% of their portfolio GOLDEN, CO 13,83613.8k $821.9k $821.9k 0.06% Added +3 +3
62 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 13,47513.5k $800.4k $800.4k 0.00% Added +988 +988
63 PGIM Custom Harvest LLC 0.02% of their portfolio NEWARK, NJ 13,39013.4k $795.4k $795.4k 0.02% Unchanged
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 13,36813.4k $794.1k $794.1k 0.00% Added +11.3k +11,269
65 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 13,30013.3k $790.0k $790.0k 0.00% New
66 Rappaport Reiches Capital Management, LLC 0.25% of their portfolio SKOKIE`, IL 13,24913.2k $787.0k $787.0k 0.25% Added +59 +59
67 Glass Jacobson Investment Advisors llc 0.27% of their portfolio OWINGS MILLS, MD 11,89911.9k $706.8k $706.8k 0.27% Added +565 +565
68 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 10,92710.9k $649.1k $649.1k 0.01% Added +4.0k +4,004
69 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 10,34410.3k $614.0k $614.0k 0.04% Reduced -3.2k -3,152
70 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,15310.2k $603.1k $603.1k 0.00% Reduced -16 -16
71 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 9,5629.6k $568.0k $568.0k 0.00% Reduced -585 -585
72 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 9,5239.5k $565.7k $565.7k 0.00% Reduced -337 -337
73 Court Place Advisors, LLC 0.17% of their portfolio ELLICOTT CITY, MD 8,7678.8k $520.8k $520.8k 0.17% Reduced -120 -120
74 HARTLINE INVESTMENT CORP/ 0.08% of their portfolio WINNETKA, IL 8,1188.1k $482.2k $482.2k 0.08% New
75 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.08% of their portfolio CONCORD, MA 8,1188.1k $482.2k $482.2k 0.08% Added +100 +100
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 8,0038.0k $475.4k $475.4k 0.00% Unchanged
77 Pallas Capital Advisors LLC 0.02% of their portfolio BRAINTREE, MA 7,9708.0k $473.4k $473.4k 0.02% Reduced -31 -31
78 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 7,8867.9k $468.4k $468.4k 0.00% Reduced -915 -915
79 MCDONALD PARTNERS LLC 0.13% of their portfolio CLEVELAND, OH 7,8007.8k $463.3k $463.3k 0.13% Unchanged
80 World Investment Advisors 0.06% of their portfolio LINCROFT, NJ 7,4657.5k $443.4k $443.4k 0.06% New
81 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,2987.3k $433.5k $433.5k 0.00% Reduced -301 -301
82 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 6,8896.9k $409.2k $409.2k 0.03% Added +1.0k +1,028
83 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 6,8866.9k $409.1k $409.1k 0.05% Added +301 +301
84 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,8456.8k $406.6k $406.6k 0.00% Reduced -1.8k -1,757
85 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,8426.8k $406.4k $406.4k 0.00% Added +570 +570
86 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 6,7306.7k $400.0k $400.0k 0.00% Added +689 +689
87 HBW ADVISORY SERVICES LLC 0.07% of their portfolio SIMI VALLEY, CA 6,5256.5k $349.0k $349.0k 0.07% Unchanged
88 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 6,2766.3k $372.8k $372.8k 0.01% Reduced -17.7k -17,658
89 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,1926.2k $367.8k $367.8k 0.00% Reduced -684 -684
90 D.B. Root & Company, LLC 0.12% of their portfolio PITTSBURGH, PA 5,9836.0k $355.4k $355.4k 0.12% Unchanged
91 Capital Investment Counsel, Inc 0.06% of their portfolio RALEIGH, NC 5,8585.9k $348.0k $348.0k 0.06% Unchanged
92 Financial Freedom, LLC 0.20% of their portfolio CINCINNATI, OH 5,7265.7k $340.1k $340.1k 0.20% Added +663 +663
93 Breakwater Capital Group 0.08% of their portfolio PARAMUS, NJ 5,6505.7k $335.6k $335.6k 0.08% New
94 Pacific Sun Financial Corp 0.19% of their portfolio LOS ANGELES, CA 5,5615.6k $330.3k $330.3k 0.19% Reduced -15 -15
95 WBH ADVISORY INC 0.03% of their portfolio BALTIMORE, MD 5,4225.4k $322.1k $322.1k 0.03% Reduced -13 -13
96 Secure Asset Management, LLC 0.07% of their portfolio Troy, MI 5,3045.3k $315.1k $315.1k 0.07% Added +46 +46
97 Cornerstone Management, Inc. 0.06% of their portfolio DULUTH, GA 4,9294.9k $292.8k $292.8k 0.06% Added +603 +603
98 FOUNDERS FINANCIAL SECURITIES LLC 0.03% of their portfolio TOWSON, MD 4,6304.6k $275.0k $275.0k 0.03% Reduced -217 -217
99 River Wealth Advisors LLC 0.04% of their portfolio CAMP HILL, PA 4,5914.6k $272.7k $272.7k 0.04% Reduced -34 -34
100 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.05% of their portfolio Reston, VA 4,5094.5k $267.8k $267.8k 0.05% New