Vault-13

FIDELITY COVINGTON TRUST FNCL

MSCI FINLS IDX · ETP · CUSIP 316092501

261 institutional holders +13 vs Q4 2024
11,900,42411.9m shares reported held*
$827.2mreported value*
38 new 101 added 59 reduced 22 sold out net bought ≈ $40.4m (+577.2k 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 ($42.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.51. Options: 3 managers hold calls ($649.6k notional), 0 hold puts (—).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 184Q4 22: 199Q1 23: 176Q2 23: 178Q3 23: 178Q4 23: 193Q1 24: 195Q2 24: 190Q3 24: 202Q4 24: 248Q1 25: 261261Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022184
Q4 2022199
Q1 2023176
Q2 2023178
Q3 2023178
Q4 2023193
Q1 2024195
Q2 2024190
Q3 2024202
Q4 2024248
Q1 2025261

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 65 bought or addedQ2 23: 88 cut or sold outQ3 23: 75 bought or addedQ3 23: 62 cut or sold outQ3 23Q4 23: 81 bought or addedQ4 23: 78 cut or sold outQ1 24: 81 bought or addedQ1 24: 85 cut or sold outQ1 24Q2 24: 85 bought or addedQ2 24: 78 cut or sold outQ3 24: 86 bought or addedQ3 24: 74 cut or sold outQ3 24Q4 24: 127 bought or addedQ4 24: 61 cut or sold outQ1 25: 139 bought or addedQ1 25: 81 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20236588
Q3 20237562
Q4 20238178
Q1 20248185
Q2 20248578
Q3 20248674
Q4 202412761
Q1 202513981

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 24 calls: $333.0kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $187.9kQ3 24 puts: $204.3kQ3 24P/C 1.09Q4 24 calls: $140.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $649.6kQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$333.0k$00.00
Q3 2024$187.9k$204.3k1.09
Q4 2024$140.0k$00.00
Q1 2025$649.6k$00.00

Biggest buyers

Lido Advisors, LLC Added +222,432+222.4k
PERSONAL CFO SOLUTIONS, LLC New +111,103+111.1k
AGF MANAGEMENT LTD Added +77,963+78.0k
LPL Financial LLC Added +60,293+60.3k
Aspire Capital Advisors LLC New +48,718+48.7k
MML INVESTORS SERVICES, LLC Added +47,243+47.2k
MORGAN STANLEY Added +43,063+43.1k
Orion Portfolio Solutions, LLC Added +41,943+41.9k
WELLS FARGO & COMPANY/MN Added +39,124+39.1k
JPMORGAN CHASE & CO Added +38,259+38.3k

Biggest sellers

NorthCoast Asset Management LLC Reduced -143,103-143.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -75,211-75.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -65,353-65.4k
Thrivent Financial for Lutherans Reduced -61,771-61.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -44,424-44.4k
HighTower Advisors, LLC Reduced -33,819-33.8k
GOLDMAN SACHS GROUP INC Reduced -29,683-29.7k
STIFEL FINANCIAL CORP Reduced -27,894-27.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -27,696-27.7k
VICUS CAPITAL Reduced -27,004-27.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $486.6k7.0k shares
SIMPLEX TRADING, LLC Reduced $163.0k3.6k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 1.04% of their portfolio Los Angeles, CA 2,527,7262.5m $175.7m $175.7m 1.04% Added +222.4k +222,432
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,854,9001.9m $129.0m $129.0m 0.02% Reduced -65.4k -65,353
3 AGF MANAGEMENT LTD 0.30% of their portfolio TORONTO, A6 828,934828.9k $57.6m $57.6m 0.30% Added +78.0k +77,963
4 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 589,418589.4k $41.0m $41.0m 0.06% Reduced -44.4k -44,424
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 322,647322.6k $22.4m $22.4m 0.00% Added +43.1k +43,063
6 CW Advisors, LLC 0.27% of their portfolio BOSTON, MA 318,683318.7k $22.2m $22.2m 0.27% Reduced -2.2k -2,224
7 VICUS CAPITAL 1.89% of their portfolio STATE COLLEGE, PA 292,321292.3k $20.3m $20.3m 1.89% Reduced -27.0k -27,004
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 284,906284.9k $19.8m $19.8m 0.01% Added +60.3k +60,293
9 Full Sail Capital, LLC 1.12% of their portfolio OKLAHOMA CITY, OK 247,937247.9k $17.2m $17.2m 1.12% Reduced -7.0k -7,019
10 Strategic Point Investment Advisors, LLC 2.37% of their portfolio PROVIDENCE, RI 204,305204.3k $14.2m $14.2m 2.37% Reduced -985 -985
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 201,121201.1k $14.0m $14.0m 0.01% Reduced -75.2k -75,211
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 181,717181.7k $12.6m $12.6m 0.00% Added +39.1k +39,124
13 Q3 Asset Management 7.21% of their portfolio BIRMINGHAM, MI 151,496151.5k $10.5m $10.5m 7.21% Reduced -7.6k -7,609
14 Fischer Financial Services, Inc. 3.39% of their portfolio HARRISBURG, PA 151,369151.4k $10.5m $10.5m 3.39% Reduced -2.0k -2,034
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 146,998147.0k $10.2m $10.2m 0.00% Added +38.3k +38,259
16 Independence Financial Advisors, LLC 3.69% of their portfolio FRANKLIN, NH 139,669139.7k $9.7m $9.7m 3.69% First filing
17 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 127,558127.6k $8.9m $8.9m 0.04% Added +32.3k +32,338
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 123,901123.9k $8.6m $8.6m 0.01% Reduced -27.9k -27,894
19 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 115,856115.9k $8.1m $8.1m 0.02% Added +1.3k +1,306
20 PERSONAL CFO SOLUTIONS, LLC 1.57% of their portfolio CHESTER, NJ 111,103111.1k $7.7m $7.7m 1.57% New
21 NorthCoast Asset Management LLC 0.03% of their portfolio STAMFORD, CT 89,48789.5k $6.2m $6.2m 0.03% Reduced -143.1k -143,103
22 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 88,94688.9k $6.2m $6.2m 0.01% Reduced -33.8k -33,819
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 87,07687.1k $6.1m $6.1m 0.00% Added +7.0k +7,031
24 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 87,07087.1k $6.1m $6.1m 0.05% Added +2.4k +2,423
25 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 81,34681.3k $5.6m $5.6m 0.03% Added +41.9k +41,943
26 Procyon Advisors, LLC 0.32% of their portfolio SHELTON, CT 75,06375.1k $5.2m $5.2m 0.32% Added +9.7k +9,707
27 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 73,91873.9k $5.1m $5.1m 0.01% Reduced -61.8k -61,771
28 FMR LLC 0.00% of their portfolio BOSTON, MA 72,31272.3k $5.0m $5.0m 0.00% Added +6.1k +6,123
29 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 68,85168.9k $4.8m $4.8m 0.09% Added +893 +893
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 65,21665.2k $4.5m $4.5m 0.00% Added +18.9k +18,887
31 Yoder Wealth Management, Inc. 2.44% of their portfolio WALNUT CREEK, CA 62,23762.2k $4.3m $4.3m 2.44% Added +3.8k +3,824
32 Modern Wealth Management, LLC 0.13% of their portfolio KANSAS CITY, MO 57,33457.3k $4.0m $4.0m 0.13% Added +1.2k +1,151
33 Maltin Wealth Management, Inc. 1.78% of their portfolio RIDGEWOOD, NJ 54,65454.7k $3.8m $3.8m 1.78% Added +2.2k +2,179
34 Smith Salley Wealth Management 0.24% of their portfolio GREENSBORO, NC 53,07253.1k $3.7m $3.7m 0.24% Added +718 +718
35 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 50,75250.8k $3.5m $3.5m 0.01% Added +47.2k +47,243
36 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 50,00050.0k $3.5m $3.5m 0.00% First filing
37 Mariner, LLC 0.01% of their portfolio Overland Park, KS 49,54949.5k $3.4m $3.4m 0.01% Added +936 +936
38 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 49,17149.2k $3.4m $3.4m 0.01% Reduced -1.6k -1,588
39 Aspire Capital Advisors LLC 1.01% of their portfolio SEATTLE, WA 48,71848.7k $3.4m $3.4m 1.01% New
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 47,17747.2k $3.3m $3.3m 0.00% Added +20.7k +20,737
41 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 43,03243.0k $3.0m $3.0m 0.04% Added +23.3k +23,297
42 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 41,94341.9k $2.9m $2.9m 0.03% Added +2.5k +2,540
43 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 34,97235.0k $2.4m $2.4m 0.04% Added +1.5k +1,502
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,72133.7k $2.3m $2.3m 0.00% New
45 LYNCH & ASSOCIATES/IN 0.51% of their portfolio EVANSVILLE, IN 33,61733.6k $2.3m $2.3m 0.51% Reduced -660 -660
46 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 33,32633.3k $2.3m $2.3m 0.02% Reduced -271 -271
47 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 32,92332.9k $2.3m $2.3m 0.02% Added +29.4k +29,438
48 Exchange Capital Management, Inc. 0.37% of their portfolio Ann Arbor, MI 32,87132.9k $2.3m $2.3m 0.37% Reduced -1.1k -1,126
49 SMITH SHELLNUT WILSON LLC /ADV 1.04% of their portfolio Ridgeland, MS 32,56032.6k $2.3m $2.3m 1.04% Added +671 +671
50 Patriot Financial Group Insurance Agency, LLC 0.30% of their portfolio Westborough, MA 32,50932.5k $2.3m $2.3m 0.30% Added +1.7k +1,678
51 Buska Wealth Management, LLC 0.70% of their portfolio WAUSAU, WI 32,04632.0k $2.2m $2.2m 0.70% Added +18.4k +18,439
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 30,61030.6k $2.1m $2.1m 0.00% Added +12.8k +12,791
53 VCI Wealth Management LLC 0.89% of their portfolio ST LOUIS, MO 30,48430.5k $2.1m $2.1m 0.89% Added +4.7k +4,739
54 Ameritas Advisory Services, LLC 0.08% of their portfolio Lincoln, NE 30,28230.3k $2.1m $2.1m 0.08% Added +462 +462
55 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 29,81529.8k $2.1m $2.1m 0.01% Added +2.1k +2,051
56 Maxele Advisors, LLC 1.97% of their portfolio WEBSTER GROVES, MO 29,37429.4k $2.0m $2.0m 1.97% Added +1.4k +1,443
57 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 29,02129.0k $2.0m $2.0m 0.00% Added +16.4k +16,360
58 Snowden Capital Advisors LLC 0.06% of their portfolio New York, NY 28,33028.3k $2.0m $2.0m 0.06% Reduced -764 -764
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,07428.1k $2.0m $2.0m 0.00% Added +3.6k +3,577
60 KDK Private Wealth Management, LLC 2.11% of their portfolio Houston, TX 26,71026.7k $1.9m $1.9m 2.11% Reduced -311 -311
61 Robertson Stephens Wealth Management, LLC 0.07% of their portfolio San Francisco, CA 26,03526.0k $1.8m $1.8m 0.07% Unchanged
62 Beaumont Financial Advisors, LLC 0.14% of their portfolio NEEDHAM, MA 24,80324.8k $1.7m $1.7m 0.14% Added +64 +64
63 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 23,31723.3k $1.6m $1.6m 0.00% Added +1.3k +1,256
64 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 23,03823.0k $1.6m $1.6m 0.05% Added +10.0k +10,036
65 Aspetuck Financial Management LLC 1.31% of their portfolio WESTPORT, CT 21,87821.9k $1.5m $1.5m 1.31% Added +3.5k +3,493
66 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,92319.9k $1.4m $1.4m 0.00% Added +16.6k +16,586
67 GREAT VALLEY ADVISOR GROUP, INC. 0.03% of their portfolio WILMINGTON, DE 19,80119.8k $1.4m $1.4m 0.03% New
68 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 19,26019.3k $1.3m $1.3m 0.00% Reduced -560 -560
69 Nova Wealth Management, Inc. 0.57% of their portfolio BONITA SPRINGS, FL 19,06319.1k $1.3m $1.3m 0.57% Added +11.1k +11,084
70 Birchcreek Wealth Management, LLC 0.81% of their portfolio MIAMI TOWNSHIP, OH 18,56718.6k $1.3m $1.3m 0.81% Reduced -652 -652
71 Meridian Wealth Management, LLC 0.06% of their portfolio LEXINGTON, KY 16,45716.5k $1.1m $1.1m 0.06% Added +1.4k +1,356
72 Retirement Planning Group, LLC 0.05% of their portfolio LEAWOOD, KS 16,08116.1k $1.1m $1.1m 0.05% Unchanged
73 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 16,05816.1k $1.1m $1.1m 0.01% New
74 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 15,90515.9k $1.1m $1.1m 0.01% Added +8.5k +8,451
75 ATLAS CAPITAL ADVISORS INC. 0.14% of their portfolio JACKSON, WY 15,73115.7k $1.1m $1.1m 0.14% Unchanged
76 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 14,52914.5k $1.0m $1.0m 0.00% Added +1.1k +1,122
77 PFG Advisors 0.06% of their portfolio Phoenix, AZ 14,39514.4k $1.0m $1.0m 0.06% Added +612 +612
78 Rappaport Reiches Capital Management, LLC 0.25% of their portfolio SKOKIE`, IL 14,19014.2k $986.5k $986.5k 0.25% Added +59 +59
79 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 13,92913.9k $968.3k $968.3k 0.03% Added +108 +108
80 Crossmark Global Holdings, Inc. 0.02% of their portfolio HOUSTON, TX 13,80813.8k $959.9k $959.9k 0.02% New
81 Traynor Capital Management, Inc. 0.08% of their portfolio MALVERN, PA 13,55313.6k $942.2k $942.2k 0.08% Reduced -202 -202
82 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 12,80512.8k $890.2k $890.2k 0.00% Added +96 +96
83 G2 CAPITAL MANAGEMENT, LLC / OH 0.26% of their portfolio COLUMBUS, OH 12,47912.5k $867.6k $867.6k 0.26% Unchanged
84 Glass Jacobson Investment Advisors llc 0.28% of their portfolio OWINGS MILLS, MD 12,47912.5k $857.0k $857.0k 0.28% Unchanged
85 Western Wealth Management, LLC 0.06% of their portfolio GOLDEN, CO 12,35912.4k $859.2k $859.2k 0.06% Added +3 +3
86 Montis Financial, LLC 0.24% of their portfolio WALTHAM, MA 11,95112.0k $830.8k $830.8k 0.24% Added +2.2k +2,175
87 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 11,33711.3k $788.0k $788.0k 0.03% New
88 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 11,26811.3k $783.3k $783.3k 0.01% Reduced -396 -396
89 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.12% of their portfolio CONCORD, MA 10,98211.0k $754.7k $754.7k 0.12% Added +1.6k +1,567
90 Sunbelt Securities, Inc. 0.07% of their portfolio HOUSTON, TX 10,98111.0k $763.4k $763.4k 0.07% Added +178 +178
91 Galvin, Gaustad & Stein, LLC 0.06% of their portfolio Scottsdale, AZ 10,25110.3k $712.6k $712.6k 0.06% Reduced -2.6k -2,588
92 AssuredPartners Investment Advisors, LLC 0.14% of their portfolio Tampa, FL 10,18310.2k $707.9k $707.9k 0.14% Added +112 +112
93 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,13210.1k $704.3k $704.3k 0.00% Added +763 +763
94 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,08210.1k $700.9k $700.9k 0.00% Added +42 +42
95 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 9,6429.6k $670.3k $670.3k 0.00% Added +1.6k +1,593
96 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 9,6009.6k $667.4k $667.4k 0.00% Reduced -3.1k -3,100
97 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 9,1669.2k $637.2k $637.2k 0.00% Added +1.7k +1,680
98 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 9,1379.1k $635.2k $635.2k 0.02% Added +38 +38
99 AMERICAN NATIONAL BANK & TRUST 0.07% of their portfolio WICHITA FALLS, TX 8,7278.7k $606.7k $606.7k 0.07% Added +2.5k +2,467
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,6868.7k $596.9k $596.9k 0.00% Added +2.8k +2,794