Vault-13

FIDELITY COVINGTON TRUST FHLC

MSCI HLTH CARE I · ETP · CUSIP 316092600

302 institutional holders +12 vs Q1 2023
20,170,63320.2m shares reported held*
$1.3bnreported value*
36 new 98 added 104 reduced 27 sold out net sold ≈ $11.5m (-71.2k 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 ($3.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.75. Options: 3 managers hold calls ($284.0k notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 271Q4 22: 300Q1 23: 290Q2 23: 302302Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022271
Q4 2022300
Q1 2023290
Q2 2023302

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 146 bought or addedQ4 22: 96 cut or sold outQ4 22Q1 23: 119 bought or addedQ1 23: 144 cut or sold outQ1 23Q2 23: 134 bought or addedQ2 23: 131 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202214696
Q1 2023119144
Q2 2023134131

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $594.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $1.6mQ4 22 puts: $479.9kQ4 22P/C 0.30Q1 23 calls: $565.5kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $284.0kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$594.0k$00.00
Q4 2022$1.6m$479.9k0.30
Q1 2023$565.5k$00.00
Q2 2023$284.0k$00.00

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +916,754+916.8k
Lido Advisors, LLC Added +87,899+87.9k
JPMORGAN CHASE & CO Added +87,231+87.2k
Orion Porfolio Solutions, LLC Added +78,068+78.1k
Orion Portfolio Solutions, LLC Added +78,068+78.1k
Strengthening Families & Communities, LLC Added +55,440+55.4k
Baird Financial Group, Inc. Added +53,400+53.4k
HARBOUR INVESTMENTS, INC. Added +35,340+35.3k
NewEdge Advisors, LLC Added +34,344+34.3k
MORGAN STANLEY Added +28,511+28.5k

Biggest sellers

Raymond James Financial Services Advisors, Inc. Reduced -277,149-277.1k
UBS Group AG Reduced -233,286-233.3k
Freedom Investment Management, Inc. Reduced -189,844-189.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -185,481-185.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -136,242-136.2k
Halpern Financial, Inc. Reduced -134,562-134.6k
AMERIPRISE FINANCIAL INC Reduced -58,904-58.9k
Composition Wealth, LLC Reduced -48,952-49.0k
Connectus Wealth, LLC Reduced -45,551-45.6k
Lebenthal Global Advisors, LLC Reduced -44,477-44.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $284.0k4.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $0100 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 4,998,2635.0m $315.5m $315.5m 0.09% Added +916.8k +916,754
2 Lido Advisors, LLC 1.14% of their portfolio Los Angeles, CA 1,599,7971.6m $101.0m $101.0m 1.14% Added +87.9k +87,899
3 Clal Insurance Enterprises Holdings Ltd 0.77% of their portfolio Tel-aviv, L3 1,019,0001.0m $64.3m $64.3m 0.77% Unchanged
4 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 728,443728.4k $46.0m $46.0m 0.09% Reduced -136.2k -136,242
5 Full Sail Capital, LLC 3.08% of their portfolio OKLAHOMA CITY, OK 571,700571.7k $36.1m $36.1m 3.08% Reduced -9.6k -9,589
6 TRAPHAGEN INVESTMENT ADVISORS LLC 3.74% of their portfolio ORADELL, NJ 456,734456.7k $28.8m $28.8m 3.74% Added +5.6k +5,638
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 391,093391.1k $24.7m $24.7m 0.00% Added +28.5k +28,511
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 386,940386.9k $24.4m $24.4m 0.02% Added +17.3k +17,295
9 HARBOUR INVESTMENTS, INC. 1.21% of their portfolio MADISON, WI 386,777386.8k $24.4m $24.4m 1.21% Added +35.3k +35,340
10 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 375,049375.0k $23.7m $23.7m 0.01% Reduced -185.5k -185,481
11 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 353,643353.6k $22.3m $22.3m 0.04% Added +11.0k +11,033
12 RWA WEALTH PARTNERS, LLC 0.45% of their portfolio BOSTON, MA 328,948328.9k $20.8m $20.8m 0.45% Reduced -19.5k -19,473
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 299,993300.0k $18.9m $18.9m 0.01% Reduced -58.9k -58,904
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 270,013270.0k $17.0m $17.0m 0.02% Reduced -9.9k -9,943
15 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 243,067243.1k $15.3m $15.3m 0.03% Reduced -277.1k -277,149
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 240,294240.3k $15.2m $15.2m 0.00% Added +5.2k +5,214
17 Lebenthal Global Advisors, LLC 4.08% of their portfolio Hauppauge, NY 222,633222.6k $14.1m $14.1m 4.08% Reduced -44.5k -44,477
18 McGlone Suttner Wealth Management, Inc. 3.17% of their portfolio APPLETON, WI 220,150220.2k $13.9m $13.9m 3.17% Added +18.8k +18,770
19 Connectus Wealth, LLC 0.28% of their portfolio CINCINNATI, OH 192,567192.6k $12.2m $12.2m 0.28% Reduced -45.6k -45,551
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 176,342176.3k $11.1m $11.1m 0.00% Added +87.2k +87,231
21 Eagle Capital Management, LLC 6.18% of their portfolio MANDEVILLE, LA 175,171175.2k $11.1m $11.1m 6.18% Added +2.3k +2,288
22 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 174,253174.3k $11.0m $11.0m 0.07% Added +25.8k +25,759
23 Sigma Planning Corp 0.38% of their portfolio ANN ARBOR, MI 168,432168.4k $10.6m $10.6m 0.38% Reduced -7.7k -7,672
24 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 167,434167.4k $10.6m $10.6m 0.05% Reduced -5.5k -5,471
25 Traynor Capital Management, Inc. 1.33% of their portfolio MALVERN, PA 162,657162.7k $10.3m $10.3m 1.33% Added +1.6k +1,643
26 VICUS CAPITAL 1.04% of their portfolio STATE COLLEGE, PA 157,512157.5k $9.9m $9.9m 1.04% Reduced -12.5k -12,451
27 WEATHERLY ASSET MANAGEMENT L. P. 1.12% of their portfolio DEL MAR, CA 152,394152.4k $9.6m $9.6m 1.12% Added +16.9k +16,860
28 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 150,336150.3k $9.5m $9.5m 0.02% Added +11.8k +11,790
29 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 141,098141.1k $8.9m $8.9m 0.09% Added +7.4k +7,372
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 137,366137.4k $8.7m $8.7m 0.00% Reduced -9.6k -9,625
31 Buttonwood Financial Advisors Inc. 5.29% of their portfolio BALTIMORE, MD 133,767133.8k $8.4m $8.4m 5.29% Added +2.0k +2,035
32 Strengthening Families & Communities, LLC 3.59% of their portfolio BOSTON, MA 130,504130.5k $8.2m $8.2m 3.59% Added +55.4k +55,440
33 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 121,406121.4k $7.7m $7.7m 0.02% Added +53.4k +53,400
34 Investors Research Corp 1.91% of their portfolio ATLANTA, GA 119,812119.8k $7.6m $7.6m 1.91% Added +4.7k +4,706
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 112,241112.2k $7.1m $7.1m 0.00% Reduced -233.3k -233,286
36 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 111,630111.6k $3.7m $3.7m 0.04% Added +78.1k +78,068
37 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 111,630111.6k $3.7m $3.7m 0.04% Added +78.1k +78,068
38 Quantitative Strategies, Inc. 4.71% of their portfolio CALABASAS, CA 111,275111.3k $7.0m $7.0m 4.71% First filing
39 Cetera Advisor Networks LLC 0.05% of their portfolio EL SEGUNDO, CA 108,941108.9k $6.9m $6.9m 0.05% Reduced -2.7k -2,694
40 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 106,882106.9k $6.7m $6.7m 0.01% Reduced -5.8k -5,848
41 Lifeworks Advisors, LLC 2.85% of their portfolio GRAND RAPIDS, MI 105,916105.9k $6.7m $6.7m 2.85% Added +14.8k +14,794
42 J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio SAN FRANCISCO, CA 95,41895.4k $6.0m $6.0m 0.03% Added +21.1k +21,121
43 Atria Wealth Solutions, Inc. 0.08% of their portfolio NEW YORK, NY 91,26991.3k $5.8m $5.8m 0.08% Reduced -29.8k -29,835
44 Financial Partners Group, Inc 1.12% of their portfolio Overland Park, KS 88,50388.5k $5.6m $5.6m 1.12% Reduced -5.5k -5,485
45 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 86,50086.5k $5.5m $5.5m 0.06% Added +34.3k +34,344
46 Barry Investment Advisors, LLC 1.83% of their portfolio NEW BEDFORD, MA 86,00586.0k $5.4m $5.4m 1.83% Reduced -11.1k -11,094
47 Halpern Financial, Inc. 1.77% of their portfolio ASHBURN, VA 81,77981.8k $5.2m $5.2m 1.77% Reduced -134.6k -134,562
48 Patriot Financial Group Insurance Agency, LLC 0.93% of their portfolio Westborough, MA 78,26378.3k $4.9m $4.9m 0.93% Added +1.4k +1,414
49 Armor Investment Advisors, LLC 2.98% of their portfolio RALEIGH, NC 77,89777.9k $4.9m $4.9m 2.98% Reduced -1.0k -1,028
50 Advisory Services Network, LLC 0.12% of their portfolio ATLANTA, GA 73,76573.8k $4.7m $4.7m 0.12% Reduced -204 -204
51 FMR LLC 0.00% of their portfolio BOSTON, MA 72,63472.6k $4.6m $4.6m 0.00% Reduced -43.4k -43,356
52 Eley Financial Management, Inc 2.21% of their portfolio SOUTH BURLINGTON, VT 71,95172.0k $4.5m $4.5m 2.21% Reduced -1.6k -1,625
53 MONUMENTAL FINANCIAL GROUP INC. 3.05% of their portfolio ROCKVILLE, MD 71,71771.7k $4.5m $4.5m 3.05% Added +7.7k +7,670
54 PERSONAL CFO SOLUTIONS, LLC 0.85% of their portfolio CHESTER, NJ 66,15966.2k $4.2m $4.2m 0.85% Added +296 +296
55 Heck Capital Advisors, LLC 0.69% of their portfolio Rhinelander, WI 63,13663.1k $4.0m $4.0m 0.69% Reduced -4.8k -4,787
56 Carr Financial Group Corp 1.56% of their portfolio WORCESTER, MA 61,99862.0k $3.9m $3.9m 1.56% Added +4.3k +4,304
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 61,91361.9k $3.9m $3.9m 0.00% Reduced -26.9k -26,855
58 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 58,39058.4k $3.7m $3.7m 0.06% Added +532 +532
59 Exchange Capital Management, Inc. 0.68% of their portfolio Ann Arbor, MI 58,26058.3k $3.7m $3.7m 0.68% Reduced -2.5k -2,477
60 RFG Advisory, LLC 0.16% of their portfolio BIRMINGHAM, AL 57,54957.5k $3.6m $3.6m 0.16% Reduced -19.5k -19,472
61 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 56,12756.1k $3.5m $3.5m 0.03% Reduced -3.2k -3,246
62 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 55,36055.4k $3.5m $3.5m 0.01% Reduced -21.2k -21,171
63 SOUTHERN CAPITAL ADVISORS, LLC 2.62% of their portfolio Jackson, TN 54,27854.3k $3.4m $3.4m 2.62% Added +27.2k +27,229
64 Mascoma Wealth Management LLC 1.01% of their portfolio HANOVER, NH 51,93451.9k $3.3m $3.3m 1.01% Reduced -3.2k -3,217
65 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 50,20050.2k $3.2m $3.2m 0.00% Added +160 +160
66 Eldridge Investment Advisors, Inc. 1.01% of their portfolio MANCHESTER, NH 48,96349.0k $3.1m $3.1m 1.01% Reduced -2.1k -2,122
67 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 48,88848.9k $2.5m $2.5m 0.06% Added +24.6k +24,613
68 Legacy Financial Strategies, LLC 1.01% of their portfolio OVERLAND PARK, KS 47,92247.9k $3.0m $3.0m 1.01% Added +3.4k +3,419
69 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 47,79147.8k $3.0m $3.0m 0.01% Reduced -5.0k -5,024
70 Smith Salley Wealth Management 0.22% of their portfolio GREENSBORO, NC 47,41647.4k $3.0m $3.0m 0.22% Added +9.8k +9,848
71 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 2.05% of their portfolio Phoenix, AZ 45,39045.4k $2.9m $2.9m 2.05% Reduced -97 -97
72 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 44,48844.5k $2.8m $2.8m 0.02% Reduced -15.3k -15,262
73 Maltin Wealth Management, Inc. 1.89% of their portfolio RIDGEWOOD, NJ 42,38342.4k $2.7m $2.7m 1.89% Added +383 +383
74 Snowden Capital Advisors LLC 0.09% of their portfolio New York, NY 41,37841.4k $2.6m $2.6m 0.09% Added +4.5k +4,467
75 Birchcreek Wealth Management, LLC 1.72% of their portfolio MIAMI TOWNSHIP, OH 38,97139.0k $2.5m $2.5m 1.72% Reduced -2.8k -2,776
76 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 38,87938.9k $2.5m $2.5m 0.00% Added +23.6k +23,602
77 Yoder Wealth Management, Inc. 1.87% of their portfolio WALNUT CREEK, CA 37,63837.6k $2.4m $2.4m 1.87% Added +2.1k +2,084
78 Fifth Third Securities, Inc. 0.26% of their portfolio Cincinnati, OH 37,14837.1k $2.3m $2.3m 0.26% Added +2.7k +2,674
79 ATLAS CAPITAL ADVISORS INC. 0.35% of their portfolio JACKSON, WY 36,59736.6k $2.3m $2.3m 0.35% Reduced -198 -198
80 Soltis Investment Advisors LLC 0.27% of their portfolio ST. GEORGE, UT 36,37136.4k $2.3m $2.3m 0.27% Reduced -1.3k -1,315
81 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 35,19535.2k $2.2m $2.2m 0.00% Reduced -21.9k -21,894
82 Beaumont Asset Management, L.L.C. 1.68% of their portfolio BEAUMONT, TX 35,14035.1k $2.2m $2.2m 1.68% Reduced -151 -151
83 Valmark Advisers, Inc. 0.04% of their portfolio AKRON, OH 32,91432.9k $2.1m $2.1m 0.04% Added +2.2k +2,234
84 J.W. COLE ADVISORS, INC. 0.14% of their portfolio TAMPA, FL 31,79031.8k $2.0m $2.0m 0.14% Added +251 +251
85 Robertson Stephens Wealth Management, LLC 0.14% of their portfolio San Francisco, CA 30,59830.6k $1.9m $1.9m 0.14% Unchanged
86 Mariner, LLC 0.01% of their portfolio Overland Park, KS 29,80629.8k $1.9m $1.9m 0.01% Reduced -5.9k -5,933
87 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 28,22128.2k $1.8m $1.8m 0.06% Added +416 +416
88 Ameritas Advisory Services, LLC 0.22% of their portfolio Lincoln, NE 27,97628.0k $1.7m $1.7m 0.22% Reduced -3.2k -3,189
89 Freedom Investment Management, Inc. 0.20% of their portfolio SOUTH WINDSOR, CT 27,83727.8k $1.8m $1.8m 0.20% Reduced -189.8k -189,844
90 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 27,41727.4k $1.7m $1.7m 0.00% Added +1.0k +1,026
91 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 27,41427.4k $1.7m $1.7m 0.03% Added +845 +845
92 Integrated Advisors Network LLC 0.10% of their portfolio DALLAS, TX 27,23627.2k $1.7m $1.7m 0.10% Reduced -313 -313
93 Pinnacle Wealth Management Group, Inc. 1.46% of their portfolio PLYMOUTH, MI 26,51726.5k $1.7m $1.7m 1.46% Reduced -711 -711
94 Demars Financial Group, LLC 0.91% of their portfolio SPOKANE VALLEY, WA 25,89525.9k $1.6m $1.6m 0.91% Reduced -231 -231
95 Signature Wealth Management Partners, LLC 1.51% of their portfolio MONTVALE, NJ 25,82725.8k $1.6m $1.6m 1.51% Added +4.5k +4,503
96 Atlas Private Wealth Management, LLC 0.85% of their portfolio ALBANY, NY 25,66725.7k $1.6m $1.6m 0.85% Added +188 +188
97 StoneX Group Inc. 0.17% of their portfolio NEW YORK, NY 25,28825.3k $1.6m $1.6m 0.17% Reduced -608 -608
98 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 25,07925.1k $1.6m $1.6m 0.02% Reduced -3.3k -3,333
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,92524.9k $1.6m $1.6m 0.00% Reduced -3.0k -2,967
100 Tower Research Capital LLC (TRC) 0.05% of their portfolio NEW YORK, NY 24,14124.1k $1.5m $1.5m 0.05% Added +3.7k +3,658