Vault-13

FIDELITY COVINGTON TRUST FSMD

SML MID MLTFCT · ETP · CUSIP 316092527

56 institutional holders +15 vs Q1 2024
5,667,6635.7m shares reported held*
$212.8mreported value*
17 new 23 added 8 reduced 3 sold out net bought ≈ $103.8m (+2.8m 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 ≈ $37.55.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 18Q4 22: 25Q1 23: 30Q2 23: 32Q3 23: 31Q4 23: 32Q1 24: 41Q2 24: 5656Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202218
Q4 202225
Q1 202330
Q2 202332
Q3 202331
Q4 202332
Q1 202441
Q2 202456

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 17 bought or addedQ4 22: 3 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 9 cut or sold outQ2 23: 17 bought or addedQ2 23: 14 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 11 cut or sold outQ4 23: 17 bought or addedQ4 23: 12 cut or sold outQ4 23Q1 24: 28 bought or addedQ1 24: 9 cut or sold outQ2 24: 40 bought or addedQ2 24: 11 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022173
Q1 2023189
Q2 20231714
Q3 20231511
Q4 20231712
Q1 2024289
Q2 20244011

Biggest buyers

Retirement Planning Group, LLC New +2,116,506+2.1m
Sterling Manor Financial, LLC New +187,982+188.0k
Stratos Investment Management, LLC New +165,199+165.2k
COMMONWEALTH EQUITY SERVICES, LLC Added +133,373+133.4k
ENVESTNET ASSET MANAGEMENT INC Added +70,750+70.8k
Kestra Advisory Services, LLC Added +46,507+46.5k
CITADEL ADVISORS LLC New +35,955+36.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +34,258+34.3k
LPL Financial LLC Added +23,965+24.0k
Stratos Wealth Advisors, LLC New +19,834+19.8k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -117,233-117.2k
LINCOLN NATIONAL CORP Sold out -50,883-50.9k
Advisory Services Network, LLC Reduced -13,639-13.6k
JANE STREET GROUP, LLC Sold out -11,521-11.5k
Clarity Asset Management, Inc. Reduced -1,013-1.0k
CWM, LLC Sold out -857-857
JPMORGAN CHASE & CO Reduced -662-662
MORGAN STANLEY Reduced -164-164
HARBOUR INVESTMENTS, INC. Reduced -125-125
FMR LLC Reduced -37-37

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Retirement Planning Group, LLC 5.07% of their portfolio LEAWOOD, KS 2,116,5062.1m $79.7m $79.7m 5.07% New
2 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 1,178,9381.2m $44.4m $44.4m 0.07% Added +133.4k +133,373
3 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 413,744413.7k $14.8m $14.8m 0.08% Added +46.5k +46,507
4 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 300,425300.4k $11.3m $11.3m 0.00% Added +70.8k +70,750
5 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 253,327253.3k $9.5m $9.5m 0.01% Added +15.4k +15,375
6 Sterling Manor Financial, LLC 5.39% of their portfolio Saratoga Springs, NY 187,982188.0k $7.1m $7.1m 5.39% New
7 Stratos Investment Management, LLC 0.52% of their portfolio BEACHWOOD, OH 165,199165.2k $6.2m $6.2m 0.52% New
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 164,160164.2k $6.2m $6.2m 0.01% Added +1.6k +1,615
9 Evergreen Private Wealth LLC 2.15% of their portfolio GREENWOOD VILLAGE, CO 115,978116.0k $4.4m $4.4m 2.15% Added +1.9k +1,948
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 90,71790.7k $3.4m $3.4m 0.00% Added +24.0k +23,965
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 86,51686.5k $3.3m $3.3m 0.00% Added +11.9k +11,931
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 80,59880.6k $3.0m $3.0m 0.01% Added +34.3k +34,258
13 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 78,10678.1k $2.9m $2.9m 0.01% Reduced -117.2k -117,233
14 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 45,61945.6k $1.7m $1.7m 0.01% Added +4.5k +4,547
15 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 40,19840.2k $1.5m $1.5m 0.01% Added +5.0k +5,035
16 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 38,31438.3k $1.4m $1.4m 0.01% Added +5.7k +5,705
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,95536.0k $1.4m $1.4m 0.00% New
18 Trademark Financial Management, LLC 1.08% of their portfolio Bloomington, MN 35,27135.3k $1.3m $1.3m 1.08% Added +900 +900
19 Rehmann Capital Advisory Group 0.06% of their portfolio LANSING, MI 20,52720.5k $773.5k $773.5k 0.06% Unchanged
20 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 19,83419.8k $747.4k $747.4k 0.04% New
21 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 17,88117.9k $673.8k $673.8k 0.01% Reduced -13.6k -13,639
22 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,00917.0k $640.9k $640.9k 0.00% Added +3.0k +2,988
23 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 16,84716.8k $634.8k $634.8k 0.02% Added +5.0k +4,988
24 Cedar Point Capital Partners, LLC 0.45% of their portfolio Cedar Rapids, IA 15,82215.8k $596.2k $596.2k 0.45% Added +1.7k +1,665
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,60715.6k $588.0k $588.0k 0.00% Added +2.0k +1,956
26 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 14,86814.9k $560.2k $560.2k 0.01% New
27 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 13,34913.3k $503.0k $503.0k 0.02% Reduced -125 -125
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,57812.6k $474.0k $474.0k 0.00% Reduced -662 -662
29 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 11,98412.0k $448.6k $448.6k 0.02% Added +10.8k +10,765
30 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 11,62811.6k $438.1k $438.1k 0.01% Added +1.6k +1,588
31 Birchcreek Wealth Management, LLC 0.18% of their portfolio MIAMI TOWNSHIP, OH 8,5678.6k $322.8k $322.8k 0.18% New
32 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 6,9757.0k $262.8k $262.8k 0.00% New
33 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,4636.5k $243.5k $243.5k 0.00% Reduced -17 -17
34 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 6,2926.3k $237.1k $237.1k 0.01% Added +933 +933
35 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 6,0676.1k $228.6k $228.6k 0.00% New
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 5,4505.5k $205.4k $205.4k 0.00% New
37 Sound Income Strategies, LLC 0.01% of their portfolio FT LAUDERDALE, FL 5,2105.2k $196.3k $196.3k 0.01% Unchanged
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4301.4k $53.9k $53.9k 0.00% New
39 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,2181.2k $45.9k $45.9k 0.00% Added +68 +68
40 ZynergyRetirementPlanningLLC 0.03% of their portfolio RED BANK, NJ 1,1791.2k $44.4k $44.4k 0.03% First filing
41 FMR LLC 0.00% of their portfolio BOSTON, MA 813813 $30.6k $30.6k 0.00% Reduced -37 -37
42 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 470470 $17.8k $17.8k 0.00% New
43 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 427427 $16.1k $16.1k 0.00% Added +427 +427
44 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 305305 $11.9k $11.9k 0.00% New
45 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 299299 $11.2k $11.2k 0.00% New
46 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 233233 $8.8k $8.8k 0.00% New
47 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 209209 $7.9k $7.9k 0.00% Unchanged
48 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 207207 $7.8k $7.8k 0.00% Unchanged
49 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 200200 $7.5k $7.5k 0.00% New
50 Live Oak Investment Partners 0.01% of their portfolio AUSTIN, TX 199199 $7.5k $7.5k 0.01% First filing
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8585 $3.2k $3.2k 0.00% Reduced -164 -164
52 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 2525 $942 $942 0.00% New
53 Clarity Asset Management, Inc. 0.00% of their portfolio AMES, IA 2424 $889 $889 0.00% Reduced -1.0k -1,013
54 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1414 $528 $528 0.00% Unchanged
55 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1414 $528 $528 0.00% Added +1 +1
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged