FIDELITY COVINGTON TRUST FDHY
HIGH YILD ETF · ETP · CUSIP 316092618
48
institutional holders
-7 vs Q1 2023
1.6m
shares reported held*
$74.8mreported value*
5 new
11 added
18 reduced
12 sold out
net sold ≈ $5.4m (-115.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $46.56.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 38 |
| Q4 2022 | 51 |
| Q1 2023 | 55 |
| Q2 2023 | 48 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 21 | 21 |
| Q1 2023 | 26 | 19 |
| Q2 2023 | 16 | 30 |
Biggest buyers
| Advisory Services Network, LLC | Added | +52.8k |
| SMITH CHAS P & ASSOCIATES PA CPAS | Added | +19.7k |
| CreativeOne Wealth, LLC | Added | +13.2k |
| FLOW TRADERS U.S. LLC | New | +11.5k |
| Mariner, LLC | New | +4.6k |
| Sunbelt Securities, Inc. | New | +3.5k |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | Added | +2.5k |
| IFP Advisors, Inc | Added | +2.0k |
| CAPTRUST FINANCIAL ADVISORS | Added | +1.3k |
| FMR LLC | Added | +918 |
Biggest sellers
| Foundations Investment Advisors, LLC | Sold out | -42.4k |
| JANE STREET GROUP, LLC | Reduced | -38.3k |
| LPL Financial LLC | Reduced | -27.8k |
| OLD MISSION CAPITAL LLC | Sold out | -17.3k |
| Mutual Advisors, LLC | Sold out | -16.0k |
| Stonebridge Financial Planning Group, LLC | Reduced | -15.2k |
| NWAM LLC | Sold out | -15.2k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -13.8k |
| LINCOLN NATIONAL CORP | Reduced | -9.1k |
| KESTRA PRIVATE WEALTH SERVICES, LLC | Sold out | -6.5k |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| SMITH CHAS P & ASSOCIATES PA CPAS 1.95% of their portfolio | 653.1k $30.4m | Added +19.7k |
| LPL Financial LLC 0.00% of their portfolio | 141.8k $6.6m | Reduced -27.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 140.0k $6.5m | Reduced -13.8k |
| LINCOLN NATIONAL CORP 0.09% of their portfolio | 98.5k $4.6m | Reduced -9.1k |
| MORGAN STANLEY 0.00% of their portfolio | 78.2k $3.6m | Reduced -2.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 68.7k $3.2m | Reduced -38.3k |
| Advisory Services Network, LLC 0.08% of their portfolio | 63.9k $3.0m | Added +52.8k |
| Stonebridge Financial Planning Group, LLC 1.69% of their portfolio | 59.7k $2.8m | Reduced -15.2k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 54.3k $2.5m | Added +1.3k |
| IFP Advisors, Inc 0.04% of their portfolio | 36.9k $1.8m | Added +2.0k |
| Sigma Planning Corp 0.05% of their portfolio | 27.0k $1.3m | Reduced -407 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 25.6k $1.2m | Reduced -2.2k |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.27% of their portfolio | 23.8k $1.1m | Added +2.5k |
| CreativeOne Wealth, LLC 0.02% of their portfolio | 20.3k $928.0k | Added +13.2k |
| Summit X, LLC 0.20% of their portfolio | 17.8k $828.7k | Reduced -781 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 12.7k $589.0k | Reduced -243 |
| Glass Jacobson Investment Advisors llc 0.25% of their portfolio | 11.6k $537.9k | First filing |
| FLOW TRADERS U.S. LLC 0.02% of their portfolio | 11.5k $537.0k | New |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 7.2k $333.0k | Reduced -81 |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 6.6k $306.3k | Added +220 |
| Apella Capital, LLC 0.02% of their portfolio | 5.8k $268.7k | First filing |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 5.3k $246.0k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 5.0k $235.1k | Added +176 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 4.8k $224.1k | Reduced -926 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.7k $220.0k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 4.6k $216.1k | New |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.02% of their portfolio | 4.0k $186.6k | Added +487 |
| Sunbelt Securities, Inc. 0.02% of their portfolio | 3.5k $162.2k | New |
| UBS Group AG 0.00% of their portfolio | 2.3k $108.6k | Added +110 |
| GeoWealth Management, LLC 0.01% of their portfolio | 1.6k $75.0k | Reduced -5.3k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 1.6k $74.3k | Unchanged |
| FMR LLC 0.00% of their portfolio | 1.1k $50.6k | Added +918 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 907 $42.2k | Unchanged |
| LAM GROUP, INC. 0.02% of their portfolio | 540 $25.1k | Reduced -30 |
| Financial Management Professionals, Inc. 0.00% of their portfolio | 488 $23.0k | Reduced -701 |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 458 $21.3k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 225 $10.5k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 141 $6.6k | Unchanged |
| Princeton Global Asset Management LLC 0.00% of their portfolio | 111 $5.2k | Unchanged |
| Avior Wealth Management, LLC 0.00% of their portfolio | 107 $5.0k | Reduced -266 |
| Kalos Management, Inc. 0.01% of their portfolio | 102 $4.7k | Reduced -11 |
| Live Oak Investment Partners 0.00% of their portfolio | 83 $3.9k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 39 $1.8k | Unchanged |
| TFC Financial Management, Inc. 0.00% of their portfolio | 24 $1.1k | New |
| Aspire Private Capital, LLC 0.00% of their portfolio | 13 $605 | Reduced -495 |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 10 $462 | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 0 $9 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |