Vault-13

FIDELITY COVINGTON TRUST FNCL

MSCI FINLS IDX · ETP · CUSIP 316092501

190 institutional holders -5 vs Q1 2024
9,575,5569.6m shares reported held*
$553.7mreported value*
19 new 66 added 57 reduced 21 sold out net sold ≈ $25.1m (-411.8k 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 ($15.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.82. Options: 2 managers hold calls ($333.0k notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 184Q4 22: 199Q1 23: 176Q2 23: 178Q3 23: 178Q4 23: 193Q1 24: 195Q2 24: 190190Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022184
Q4 2022199
Q1 2023176
Q2 2023178
Q3 2023178
Q4 2023193
Q1 2024195
Q2 2024190

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 outQ2 23: 65 bought or addedQ2 23: 88 cut or sold outQ2 23Q3 23: 75 bought or addedQ3 23: 62 cut or sold outQ4 23: 81 bought or addedQ4 23: 78 cut or sold outQ4 23Q1 24: 81 bought or addedQ1 24: 85 cut or sold outQ2 24: 85 bought or addedQ2 24: 78 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228375
Q1 202361107
Q2 20236588
Q3 20237562
Q4 20238178
Q1 20248185
Q2 20248578

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 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 0.00Q2 24 calls: $333.0kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$1.8m$1.0k0.00
Q4 2023$992.8k$00.00
Q1 2024$1.0m$00.00
Q2 2024$333.0k$00.00

Biggest buyers

NorthCoast Asset Management LLC New +194,315+194.3k
Aptus Capital Advisors, LLC Added +153,972+154.0k
Lido Advisors, LLC Added +86,803+86.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +82,006+82.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +71,320+71.3k
AGF MANAGEMENT LTD Added +45,703+45.7k
OSAIC HOLDINGS, INC. Added +33,080+33.1k
Strategic Financial Concepts, LLC New +21,314+21.3k
Tower Research Capital LLC (TRC) Added +12,888+12.9k
LPL Financial LLC Added +10,809+10.8k

Biggest sellers

MORGAN STANLEY Reduced -454,101-454.1k
Q3 Asset Management Sold out -271,528-271.5k
JPMORGAN CHASE & CO Reduced -150,204-150.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -55,028-55.0k
HighTower Advisors, LLC Reduced -51,989-52.0k
LINCOLN NATIONAL CORP Sold out -45,958-46.0k
Quantitative Strategies, Inc. Reduced -33,830-33.8k
Faithward Advisors, LLC Sold out -14,870-14.9k
Galvin, Gaustad & Stein, LLC Reduced -12,632-12.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -9,339-9.3k

Biggest calls

SIMPLEX TRADING, LLC Reduced $333.0k6.1k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 1.12% of their portfolio Los Angeles, CA 2,356,3002.4m $136.5m $136.5m 1.12% Added +86.8k +86,803
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,038,9032.0m $118.1m $118.1m 0.02% Reduced -55.0k -55,028
3 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 362,528362.5k $21.0m $21.0m 0.03% Reduced -2.9k -2,914
4 CW Advisors, LLC 0.29% of their portfolio BOSTON, MA 314,323314.3k $18.2m $18.2m 0.29% Added +2.7k +2,703
5 AGF MANAGEMENT LTD 0.09% of their portfolio TORONTO, A6 294,453294.5k $17.1m $17.1m 0.09% Added +45.7k +45,703
6 Full Sail Capital, LLC 1.11% of their portfolio OKLAHOMA CITY, OK 285,081285.1k $16.5m $16.5m 1.11% Reduced -6.7k -6,714
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 252,660252.7k $14.6m $14.6m 0.00% Reduced -454.1k -454,101
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 195,254195.3k $11.3m $11.3m 0.00% Reduced -150.2k -150,204
9 NorthCoast Asset Management LLC 0.10% of their portfolio STAMFORD, CT 194,315194.3k $11.3m $11.3m 0.10% New
10 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 168,218168.2k $9.8m $9.8m 0.02% Added +33.1k +33,080
11 Aptus Capital Advisors, LLC 0.17% of their portfolio FAIRHOPE, AL 154,359154.4k $8.9m $8.9m 0.17% Added +154.0k +153,972
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 154,120154.1k $8.9m $8.9m 0.01% Reduced -9.2k -9,224
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 139,051139.1k $8.1m $8.1m 0.00% Added +10.8k +10,809
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 135,407135.4k $7.8m $7.8m 0.00% Reduced -9.3k -9,339
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 127,578127.6k $7.4m $7.4m 0.00% Reduced -2.4k -2,441
16 Advisory Services Network, LLC 0.15% of their portfolio ATLANTA, GA 124,142124.1k $7.2m $7.2m 0.15% Reduced -2.1k -2,147
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 121,853121.9k $7.1m $7.1m 0.01% Reduced -52.0k -51,989
18 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 119,858119.9k $6.9m $6.9m 0.01% Added +6.5k +6,465
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 98,13198.1k $5.7m $5.7m 0.01% Added +71.3k +71,320
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 88,85188.9k $5.1m $5.1m 0.01% Added +82.0k +82,006
21 Quantitative Strategies, Inc. 2.85% of their portfolio CALABASAS, CA 86,25886.3k $5.0m $5.0m 2.85% Reduced -33.8k -33,830
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 79,28079.3k $4.6m $4.6m 0.00% Added +7.2k +7,200
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 69,25369.3k $4.0m $4.0m 0.00% Reduced -1.1k -1,054
24 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 68,51168.5k $3.9m $3.9m 0.02% Added +2.1k +2,120
25 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 62,08762.1k $3.6m $3.6m 0.04% Added +9.1k +9,074
26 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 57,16657.2k $3.3m $3.3m 0.01% Reduced -665 -665
27 FMR LLC 0.00% of their portfolio BOSTON, MA 56,56456.6k $3.3m $3.3m 0.00% Added +5.0k +5,044
28 Maltin Wealth Management, Inc. 1.68% of their portfolio RIDGEWOOD, NJ 53,98454.0k $3.1m $3.1m 1.68% Added +1.3k +1,283
29 VCI Wealth Management LLC 1.50% of their portfolio ST LOUIS, MO 52,37952.4k $3.0m $3.0m 1.50% Reduced -2.6k -2,580
30 Mariner, LLC 0.01% of their portfolio Overland Park, KS 48,13948.1k $2.8m $2.8m 0.01% Reduced -99 -99
31 Yoder Wealth Management, Inc. 1.80% of their portfolio WALNUT CREEK, CA 47,92547.9k $2.8m $2.8m 1.80% Reduced -1.9k -1,855
32 Smith Salley Wealth Management 0.17% of their portfolio GREENSBORO, NC 40,54640.5k $2.3m $2.3m 0.17% Reduced -69 -69
33 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 35,92935.9k $2.1m $2.1m 0.02% Reduced -888 -888
34 Exchange Capital Management, Inc. 0.34% of their portfolio Ann Arbor, MI 35,69935.7k $2.1m $2.1m 0.34% Reduced -1.0k -1,001
35 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 34,09834.1k $2.0m $2.0m 0.04% Reduced -307 -307
36 LYNCH & ASSOCIATES/IN 0.43% of their portfolio EVANSVILLE, IN 33,31233.3k $1.9m $1.9m 0.43% Added +623 +623
37 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 33,20233.2k $1.9m $1.9m 0.02% Added +118 +118
38 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 33,20233.2k $1.9m $1.9m 0.02% Added +118 +118
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 33,08833.1k $1.9m $1.9m 0.00% Reduced -5.3k -5,283
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 31,91831.9k $1.8m $1.8m 0.00% Added +6.2k +6,200
41 Patriot Financial Group Insurance Agency, LLC 0.26% of their portfolio Westborough, MA 30,09530.1k $1.7m $1.7m 0.26% Added +848 +848
42 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 29,45129.5k $1.7m $1.7m 0.05% Added +623 +623
43 Ameritas Advisory Services, LLC 0.06% of their portfolio Lincoln, NE 28,51528.5k $1.7m $1.7m 0.06% Reduced -1.1k -1,098
44 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 28,07928.1k $1.6m $1.6m 0.00% Reduced -2.1k -2,121
45 PFG Advisors 0.11% of their portfolio Phoenix, AZ 27,95027.9k $1.6m $1.6m 0.11% Added +223 +223
46 Robertson Stephens Wealth Management, LLC 0.07% of their portfolio San Francisco, CA 24,64024.6k $1.4m $1.4m 0.07% Reduced -3.3k -3,294
47 CX Institutional 0.06% of their portfolio AUBURN, IN 23,83823.8k $1.4m $1.4m 0.06% Added +436 +436
48 Strategic Financial Concepts, LLC 0.00% of their portfolio SAN ANTONIO, TX 21,31421.3k $343 $343 0.00% New
49 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 21,03621.0k $1.2m $1.2m 0.10% Added +13 +13
50 Birchcreek Wealth Management, LLC 0.63% of their portfolio MIAMI TOWNSHIP, OH 19,45019.4k $1.1m $1.1m 0.63% Reduced -1.8k -1,812
51 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 19,19219.2k $1.1m $1.1m 0.01% Reduced -7.9k -7,917
52 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 16,74316.7k $970.1k $970.1k 0.02% Reduced -520 -520
53 Retirement Planning Group, LLC 0.06% of their portfolio LEAWOOD, KS 16,08116.1k $931.7k $931.7k 0.06% Unchanged
54 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 15,92215.9k $922.5k $922.5k 0.00% Reduced -4.1k -4,123
55 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,83615.8k $917.5k $917.5k 0.00% Reduced -34 -34
56 ATLAS CAPITAL ADVISORS INC. 0.12% of their portfolio JACKSON, WY 15,81115.8k $916.1k $916.1k 0.12% Unchanged
57 Galvin, Gaustad & Stein, LLC 0.08% of their portfolio Scottsdale, AZ 15,64415.6k $906.4k $906.4k 0.08% Reduced -12.6k -12,632
58 G2 CAPITAL MANAGEMENT, LLC / OH 0.27% of their portfolio COLUMBUS, OH 15,18715.2k $879.9k $879.9k 0.27% Unchanged
59 Traynor Capital Management, Inc. 0.07% of their portfolio MALVERN, PA 14,99215.0k $868.7k $868.7k 0.07% Reduced -910 -910
60 Western Wealth Management, LLC 0.06% of their portfolio GOLDEN, CO 13,84013.8k $801.9k $801.9k 0.06% Added +4 +4
61 PGIM Custom Harvest LLC 0.02% of their portfolio NEWARK, NJ 13,39013.4k $775.8k $775.8k 0.02% Unchanged
62 Rappaport Reiches Capital Management, LLC 0.23% of their portfolio SKOKIE`, IL 13,30513.3k $770.9k $770.9k 0.23% Added +56 +56
63 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 13,28413.3k $769.6k $769.6k 0.00% Reduced -191 -191
64 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 13,13813.1k $761.2k $761.2k 0.01% Added +12.9k +12,888
65 Glass Jacobson Investment Advisors llc 0.25% of their portfolio OWINGS MILLS, MD 12,05712.1k $698.6k $698.6k 0.25% Added +158 +158
66 Freedom Investment Management, Inc. 0.05% of their portfolio SOUTH WINDSOR, CT 10,42610.4k $604.1k $604.1k 0.05% Added +3.5k +3,537
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,38210.4k $601.5k $601.5k 0.00% Added +3.5k +3,540
68 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,24710.2k $593.7k $593.7k 0.00% Added +94 +94
69 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,9359.9k $575.6k $575.6k 0.00% New
70 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 9,4869.5k $549.6k $549.6k 0.02% Reduced -6.7k -6,708
71 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 9,0879.1k $526.5k $526.5k 0.00% Added +1.2k +1,201
72 World Investment Advisors 0.03% of their portfolio LINCROFT, NJ 9,0269.0k $523.0k $523.0k 0.03% Added +1.6k +1,561
73 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 8,5688.6k $496.0k $496.0k 0.03% Reduced -1.8k -1,776
74 Court Place Advisors, LLC 0.15% of their portfolio ELLICOTT CITY, MD 8,3678.4k $484.8k $484.8k 0.15% Reduced -400 -400
75 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.08% of their portfolio CONCORD, MA 8,3288.3k $482.5k $482.5k 0.08% Added +210 +210
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 8,0028.0k $463.6k $463.6k 0.00% Reduced -1 -1
77 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 7,9548.0k $472.5k $472.5k 0.01% Added +6.4k +6,413
78 Pallas Capital Advisors LLC 0.02% of their portfolio BRAINTREE, MA 7,8987.9k $483.5k $483.5k 0.02% Reduced -72 -72
79 MCDONALD PARTNERS LLC 0.12% of their portfolio CLEVELAND, OH 7,8007.8k $451.9k $451.9k 0.12% Unchanged
80 Financial Freedom, LLC 0.25% of their portfolio CINCINNATI, OH 7,7477.7k $448.8k $448.8k 0.25% Added +2.0k +2,021
81 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 7,7327.7k $448.0k $448.0k 0.00% Reduced -1.8k -1,830
82 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,7207.7k $447.3k $447.3k 0.00% Added +422 +422
83 Sunbelt Securities, Inc. 0.04% of their portfolio HOUSTON, TX 7,5537.6k $437.6k $437.6k 0.04% Added +667 +667
84 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,1897.2k $416.5k $416.5k 0.00% Added +997 +997
85 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 6,7576.8k $391.5k $391.5k 0.00% Reduced -2.8k -2,766
86 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 6,7006.7k $388.2k $388.2k 0.01% New
87 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 6,4006.4k $370.8k $370.8k 0.00% Reduced -6.9k -6,900
88 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 6,3746.4k $369.0k $369.0k 0.00% Reduced -356 -356
89 Capital Investment Counsel, Inc 0.05% of their portfolio RALEIGH, NC 6,0796.1k $352.2k $352.2k 0.05% Added +221 +221
90 D.B. Root & Company, LLC 0.12% of their portfolio PITTSBURGH, PA 5,9836.0k $346.7k $346.7k 0.12% Unchanged
91 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 5,8875.9k $361.7k $361.7k 0.01% Reduced -389 -389
92 Cornerstone Management, Inc. 0.07% of their portfolio DULUTH, GA 5,7965.8k $335.8k $335.8k 0.07% Added +867 +867
93 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.06% of their portfolio Reston, VA 5,7645.8k $334.0k $334.0k 0.06% Added +1.3k +1,255
94 Breakwater Capital Group 0.07% of their portfolio PARAMUS, NJ 5,6505.7k $327.4k $327.4k 0.07% Unchanged
95 Pacific Sun Financial Corp 0.19% of their portfolio LOS ANGELES, CA 5,5725.6k $322.8k $322.8k 0.19% Added +11 +11
96 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,4305.4k $314.6k $314.6k 0.00% Reduced -7.9k -7,938
97 WBH ADVISORY INC 0.03% of their portfolio BALTIMORE, MD 5,4225.4k $314.2k $314.2k 0.03% Unchanged
98 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 5,0255.0k $291.2k $291.2k 0.00% Added +540 +540
99 LongView Wealth Management 0.10% of their portfolio ATLANTA, GA 4,6504.7k $269.4k $269.4k 0.10% New
100 River Wealth Advisors LLC 0.04% of their portfolio CAMP HILL, PA 4,5864.6k $265.7k $265.7k 0.04% Reduced -5 -5