Vault-13

FIDELITY COVINGTON TRUST FDHY

HIGH YILD ETF · ETP · CUSIP 316092618

65 institutional holders +3 vs Q1 2025
1,677,1051.7m shares reported held*
$81.9mreported value*
8 new 25 added 20 reduced 7 sold out net bought ≈ $3.9m (+79.9k 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 ≈ $48.85.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 38Q4 22: 51Q1 23: 55Q2 23: 48Q3 23: 48Q4 23: 57Q1 24: 59Q2 24: 61Q3 24: 65Q4 24: 71Q1 25: 62Q2 25: 6565Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202238
Q4 202251
Q1 202355
Q2 202348
Q3 202348
Q4 202357
Q1 202459
Q2 202461
Q3 202465
Q4 202471
Q1 202562
Q2 202565

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 20 bought or addedQ3 23: 25 cut or sold outQ4 23: 22 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 34 bought or addedQ1 24: 22 cut or sold outQ2 24: 29 bought or addedQ2 24: 25 cut or sold outQ2 24Q3 24: 33 bought or addedQ3 24: 19 cut or sold outQ4 24: 37 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 31 cut or sold outQ2 25: 33 bought or addedQ2 25: 27 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232025
Q4 20232224
Q1 20243422
Q2 20242925
Q3 20243319
Q4 20243718
Q1 20253231
Q2 20253327

Biggest buyers

LPL Financial LLC Added +47,177+47.2k
JANE STREET GROUP, LLC New +37,965+38.0k
AXXCESS WEALTH MANAGEMENT, LLC Added +35,120+35.1k
PLANWISER FINANCIAL, LLC New +19,949+19.9k
Kestra Advisory Services, LLC Added +11,024+11.0k
OmniStar Financial Group, Inc. Added +8,511+8.5k
RAYMOND JAMES FINANCIAL INC Added +8,009+8.0k
Sunbelt Securities, Inc. Added +6,399+6.4k
OSAIC HOLDINGS, INC. Added +6,136+6.1k
Fifth Third Securities, Inc. New +5,568+5.6k

Biggest sellers

Cambridge Investment Research Advisors, Inc. Reduced -45,792-45.8k
SMITH CHAS P & ASSOCIATES PA CPAS Sold out -33,561-33.6k
MORGAN STANLEY Reduced -20,695-20.7k
Advisory Services Network, LLC Reduced -10,770-10.8k
KESTRA PRIVATE WEALTH SERVICES, LLC Sold out -4,351-4.4k
QUADRANT CAPITAL GROUP LLC Sold out -4,000-4.0k
CAPTRUST FINANCIAL ADVISORS Reduced -3,917-3.9k
Glass Jacobson Investment Advisors llc Reduced -3,000-3.0k
Breakwater Capital Group Reduced -1,352-1.4k
Stonebridge Financial Planning Group, LLC Reduced -1,243-1.2k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 400,801400.8k $19.6m $19.6m 0.01% Added +47.2k +47,177
2 Advisory Services Network, LLC 0.12% of their portfolio ATLANTA, GA 154,471154.5k $7.5m $7.5m 0.12% Reduced -10.8k -10,770
3 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 114,510114.5k $5.6m $5.6m 0.01% Added +2.4k +2,401
4 MOODY NATIONAL BANK TRUST DIVISION 0.47% of their portfolio GALVESTON, TX 104,350104.3k $5.1m $5.1m 0.47% Reduced -271 -271
5 Flavin Financial Services, Inc. 3.73% of their portfolio MELBOURNE, FL 78,72978.7k $3.8m $3.8m 3.73% Added +1.2k +1,225
6 AXXCESS WEALTH MANAGEMENT, LLC 0.08% of their portfolio CARLSBAD, CA 71,25571.3k $3.5m $3.5m 0.08% Added +35.1k +35,120
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 68,78768.8k $3.4m $3.4m 0.00% Added +8.0k +8,009
8 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 57,75357.8k $2.8m $2.8m 0.01% Added +11.0k +11,024
9 OmniStar Financial Group, Inc. 1.86% of their portfolio Wilmington, NC 50,75150.8k $2.5m $2.5m 1.86% Added +8.5k +8,511
10 Evergreen Private Wealth LLC 1.03% of their portfolio GREENWOOD VILLAGE, CO 50,24550.2k $2.5m $2.5m 1.03% Added +3.2k +3,246
11 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 48,07648.1k $2.4m $2.4m 0.00% Added +6.1k +6,136
12 Dentgroup LLC 1.60% of their portfolio BATON ROUGE, LA 47,21547.2k $2.3m $2.3m 1.60% Reduced -357 -357
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 37,96538.0k $1.9m $1.9m 0.00% New
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 37,92837.9k $1.9m $1.9m 0.00% Reduced -20.7k -20,695
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,51137.5k $1.8m $1.8m 0.00% Reduced -276 -276
16 BG Investment Services, LLC 2.14% of their portfolio HAGATNA, GU 34,67834.7k $1.7m $1.7m 2.14% Added +4.4k +4,403
17 Great Lakes Retirement, Inc. 0.15% of their portfolio SANDUSKY, OH 25,62125.6k $1.3m $1.3m 0.15% Added +2.6k +2,616
18 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 20,99521.0k $1.0m $1.0m 0.03% Reduced -548 -548
19 PLANWISER FINANCIAL, LLC 0.83% of their portfolio COLORADO SPRINGS, CO 19,94919.9k $978.5k $978.5k 0.83% New
20 Stonebridge Financial Planning Group, LLC 0.40% of their portfolio ORLANDO, FL 19,41919.4k $948.6k $948.6k 0.40% Reduced -1.2k -1,243
21 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 19,09219.1k $932.6k $932.6k 0.00% Reduced -3.9k -3,917
22 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,55717.6k $858.0k $858.0k 0.00% Reduced -45.8k -45,792
23 Breakwater Capital Group 0.11% of their portfolio PARAMUS, NJ 13,31013.3k $650.2k $650.2k 0.11% Reduced -1.4k -1,352
24 Sunbelt Securities, Inc. 0.06% of their portfolio HOUSTON, TX 12,99713.0k $627.1k $627.1k 0.06% Added +6.4k +6,399
25 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 10,74010.7k $524.6k $524.6k 0.00% Reduced -110 -110
26 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.07% of their portfolio CONCORD, MA 10,23210.2k $499.8k $499.8k 0.07% Reduced -770 -770
27 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,00310.0k $488.6k $488.6k 0.00% Added +193 +193
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,0088.0k $390.0k $390.0k 0.00% Added +3.8k +3,832
29 Arete Wealth Advisors, LLC 0.03% of their portfolio CHICAGO, IL 7,8607.9k $384.0k $384.0k 0.03% Added +226 +226
30 FORONJY FINANCIAL LLC 0.17% of their portfolio Los Osos, CA 7,6277.6k $372.6k $372.6k 0.17% First filing
31 NWF Advisory Services Inc. 0.04% of their portfolio Los Angeles, CA 7,4387.4k $363.3k $363.3k 0.04% Unchanged
32 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,2857.3k $355.9k $355.9k 0.00% Reduced -520 -520
33 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 7,1207.1k $348.0k $348.0k 0.00% Reduced -914 -914
34 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 6,5156.5k $318.3k $318.3k 0.01% Added +141 +141
35 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 5,8755.9k $287.0k $287.0k 0.00% Added +677 +677
36 Shared Vision Wealth Group LLC 0.14% of their portfolio CARLSBAD, X1 5,8695.9k $285.8k $285.8k 0.14% Unchanged
37 Freestate Advisors LLC 0.25% of their portfolio OVERLAND PARK, KS 5,7645.8k $281.6k $281.6k 0.25% Added +53 +53
38 Fifth Third Securities, Inc. 0.02% of their portfolio Cincinnati, OH 5,5685.6k $272.0k $272.0k 0.02% New
39 Prepared Retirement Institute LLC 0.14% of their portfolio LANSDALE, PA 4,7584.8k $232.4k $232.4k 0.14% Added +81 +81
40 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,2844.3k $209.0k $209.0k 0.00% New
41 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 4,1014.1k $200.0k $200.0k 0.00% New
42 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 3,0353.0k $148.3k $148.3k 0.00% Reduced -100 -100
43 Glass Jacobson Investment Advisors llc 0.03% of their portfolio OWINGS MILLS, MD 1,7621.8k $86.1k $86.1k 0.03% Reduced -3.0k -3,000
44 Golden State Wealth Management, LLC 0.01% of their portfolio SANTA ANA, CA 1,5931.6k $77.8k $77.8k 0.01% Added +953 +953
45 Financial Management Professionals, Inc. 0.01% of their portfolio AUSTIN, TX 1,0051.0k $49.4k $49.4k 0.01% Reduced -20 -20
46 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0001.0k $48.9k $48.9k 0.00% Unchanged
47 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 975975 $47.6k $47.6k 0.00% Added +51 +51
48 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 766766 $37.4k $37.4k 0.00% Unchanged
49 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 745745 $36.4k $36.4k 0.00% Reduced -42 -42
50 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 740740 $36.2k $36.2k 0.00% First filing
51 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 677677 $33.0k $33.0k 0.00% Added +12 +12
52 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 615615 $30.0k $30.0k 0.00% Added +158 +158
53 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 232232 $11.0k $11.0k 0.00% Added +32 +32
54 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 225225 $11.0k $11.0k 0.00% Unchanged
55 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 208208 $10.2k $10.2k 0.00% Added +4 +4
56 Clearstead Trust, LLC 0.00% of their portfolio PORTLAND, ME 155155 $7.6k $7.6k 0.00% New
57 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 107107 $5.2k $5.2k 0.00% New
58 Covestor Ltd 0.00% of their portfolio LONDON, X0 100100 $5.0k $5.0k 0.00% Unchanged
59 FMR LLC 0.00% of their portfolio BOSTON, MA 6868 $3.3k $3.3k 0.00% Reduced -395 -395
60 UBS Group AG 0.00% of their portfolio ZURICH, V8 6565 $3.2k $3.2k 0.00% New
61 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 1010 $489 $489 0.00% Reduced -55 -55
62 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 88 $413 $413 0.00% Unchanged
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $42 $42 0.00% Unchanged
64 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 11 $57 $57 0.00% Unchanged
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged