Vault-13

FIDELITY COVINGTON TRUST FVAL

VLU FACTOR ETF · ETP · CUSIP 316092782

109 institutional holders +5 vs Q4 2023
10,127,80910.1m shares reported held*
$577.7mreported value*
15 new 46 added 34 reduced 11 sold out net bought ≈ $55.2m (+967.9k 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 ≈ $57.04.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 75Q4 22: 89Q1 23: 77Q2 23: 83Q3 23: 82Q4 23: 104Q1 24: 109109Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202275
Q4 202289
Q1 202377
Q2 202383
Q3 202382
Q4 2023104
Q1 2024109

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 50 bought or addedQ4 22: 33 cut or sold outQ4 22Q1 23: 36 bought or addedQ1 23: 49 cut or sold outQ1 23Q2 23: 38 bought or addedQ2 23: 41 cut or sold outQ2 23Q3 23: 48 bought or addedQ3 23: 33 cut or sold outQ3 23Q4 23: 60 bought or addedQ4 23: 30 cut or sold outQ4 23Q1 24: 61 bought or addedQ1 24: 45 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225033
Q1 20233649
Q2 20233841
Q3 20234833
Q4 20236030
Q1 20246145

Calls vs puts

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

CallsPuts
$0$2.5k$5k$7.5k$10kQ2 23 calls: $9.8kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —
Numbers
QuarterCallsPutsP/C
Q2 2023$9.8k$00.00
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$0$0—

Biggest buyers

Thrivent Financial for Lutherans Added +323,074+323.1k
ENVESTNET ASSET MANAGEMENT INC Added +261,179+261.2k
MORGAN STANLEY Added +212,169+212.2k
COMMONWEALTH EQUITY SERVICES, LLC Added +166,991+167.0k
FISCHER INVESTMENT STRATEGIES, LLC New +98,848+98.8k
JPMORGAN CHASE & CO Added +68,042+68.0k
Goodwin Investment Advisory Added +42,286+42.3k
Cetera Investment Advisers Added +37,404+37.4k
ROYAL BANK OF CANADA Added +16,129+16.1k
Dynamic Advisor Solutions LLC Added +11,691+11.7k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -116,050-116.0k
FIRST CITIZENS BANK & TRUST CO Sold out -53,701-53.7k
Envestnet Portfolio Solutions, Inc. Reduced -49,674-49.7k
Kestra Advisory Services, LLC Reduced -28,735-28.7k
FMR LLC Reduced -25,779-25.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -19,256-19.3k
Cetera Advisor Networks LLC Sold out -15,764-15.8k
Cetera Advisors LLC Sold out -14,467-14.5k
Ethos Financial Group, LLC Sold out -13,608-13.6k
Cerity Partners LLC Sold out -12,850-12.8k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,545,3661.5m $88.2m $88.2m 0.00% Added +68.0k +68,042
2 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 954,289954.3k $54.4m $54.4m 0.02% Added +261.2k +261,179
3 FMR LLC 0.00% of their portfolio BOSTON, MA 828,611828.6k $47.3m $47.3m 0.00% Reduced -25.8k -25,779
4 Goodwin Investment Advisory 20.58% of their portfolio WOODSTOCK, GA 765,237765.2k $43.7m $43.7m 20.58% Added +42.3k +42,286
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 690,021690.0k $39.4m $39.4m 0.00% Added +212.2k +212,169
6 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 648,056648.1k $37.0m $37.0m 0.06% Added +167.0k +166,991
7 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 517,940517.9k $29.5m $29.5m 0.06% Added +323.1k +323,074
8 High Probability Advisors, LLC 5.28% of their portfolio Pittsford, NY 498,582498.6k $28.4m $28.4m 5.28% Added +7.3k +7,315
9 Prism Advisors, Inc. 7.68% of their portfolio STUDIO CITY, CA 448,153448.2k $25.6m $25.6m 7.68% Added +7.7k +7,712
10 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 365,167365.2k $20.8m $20.8m 0.05% Reduced -116.0k -116,050
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 225,095225.1k $12.8m $12.8m 0.00% Added +16.1k +16,129
12 Custos Family Office, LLC 6.55% of their portfolio AUSTIN, TX 222,364222.4k $12.7m $12.7m 6.55% Added +2.5k +2,542
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 203,721203.7k $11.6m $11.6m 0.00% Added +8.7k +8,672
14 Dynamic Advisor Solutions LLC 0.35% of their portfolio PHOENIX, AZ 183,866183.9k $10.5m $10.5m 0.35% Added +11.7k +11,691
15 Halpern Financial, Inc. 2.91% of their portfolio ASHBURN, VA 177,079177.1k $10.0m $10.0m 2.91% Reduced -4.5k -4,550
16 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 119,590119.6k $6.8m $6.8m 0.01% Reduced -2.5k -2,451
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 114,606114.6k $6.5m $6.5m 0.00% Added +7.9k +7,928
18 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 107,041107.0k $6.1m $6.1m 0.04% Reduced -28.7k -28,735
19 FISCHER INVESTMENT STRATEGIES, LLC 4.93% of their portfolio Westlake Village, CA 98,84898.8k $5.6m $5.6m 4.93% New
20 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 95,11495.1k $5.4m $5.4m 0.01% Added +37.4k +37,404
21 CONDOR CAPITAL MANAGEMENT 0.51% of their portfolio MARTINSVILLE, NJ 91,01591.0k $5.2m $5.2m 0.51% Added +4.0k +3,985
22 Forbes Financial Planning, Inc. 3.97% of their portfolio EAST GREENWICH, RI 80,94080.9k $4.6m $4.6m 3.97% Added +9.2k +9,150
23 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 72,37272.4k $4.1m $4.1m 0.02% Reduced -490 -490
24 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 61,51961.5k $3.5m $3.5m 0.04% Reduced -2.9k -2,898
25 ALTFEST L J & CO INC 0.46% of their portfolio NEW YORK, NY 57,21857.2k $3.3m $3.3m 0.46% Added +2.9k +2,858
26 Bouvel Investment Partners, LLC 1.24% of their portfolio PHOENIXVILLE, PA 50,42250.4k $2.9m $2.9m 1.24% Reduced -474 -474
27 Cedar Point Capital Partners, LLC 2.14% of their portfolio Cedar Rapids, IA 49,30049.3k $2.8m $2.8m 2.14% Added +2.0k +1,953
28 Patriot Financial Group Insurance Agency, LLC 0.44% of their portfolio Westborough, MA 48,02748.0k $2.7m $2.7m 0.44% Added +2.1k +2,127
29 Traynor Capital Management, Inc. 0.25% of their portfolio MALVERN, PA 46,87846.9k $2.7m $2.7m 0.25% Reduced -8.8k -8,825
30 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 46,69446.7k $2.7m $2.7m 0.03% Reduced -9.8k -9,813
31 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 46,69446.7k $2.7m $2.7m 0.03% Reduced -9.8k -9,813
32 PFG Advisors 0.18% of their portfolio Phoenix, AZ 43,73743.7k $2.5m $2.5m 0.18% Added +11.3k +11,295
33 LVZ, Inc. 0.32% of their portfolio Holland, MI 40,66040.7k $2.3m $2.3m 0.32% Reduced -2.5k -2,526
34 Mutual Advisors, LLC 0.07% of their portfolio OMAHA, NE 39,21339.2k $2.2m $2.2m 0.07% Reduced -2.7k -2,700
35 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 33,68433.7k $1.9m $1.9m 0.04% Reduced -10.0k -10,021
36 PRIMORIS WEALTH ADVISORS, LLC 1.49% of their portfolio North Palm Beach, FL 32,61132.6k $1.9m $1.9m 1.49% Added +4.3k +4,286
37 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 30,37730.4k $1.7m $1.7m 0.03% Added +133 +133
38 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 23,58723.6k $1.3m $1.3m 0.02% Added +7.9k +7,867
39 RATIONAL ADVISORS, INC. 0.11% of their portfolio San Juan, PR 21,39321.4k $1.2m $1.2m 0.11% Reduced -8.3k -8,333
40 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 19,04119.0k $1.1m $1.1m 0.03% Added +10.5k +10,491
41 Americana Partners, LLC 0.09% of their portfolio Houston, TX 18,35718.4k $1.0m $1.0m 0.09% Reduced -9.2k -9,231
42 Darwin Wealth Management, LLC 0.29% of their portfolio TAMPA, FL 18,00418.0k $1.0m $1.0m 0.29% Reduced -1.2k -1,156
43 Samalin Investment Counsel, LLC 0.40% of their portfolio CHAPPAQUA, NY 14,70414.7k $838.9k $838.9k 0.40% Reduced -178 -178
44 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 14,66714.7k $836.8k $836.8k 0.00% Added +3.3k +3,258
45 Executive Wealth Management, LLC 0.07% of their portfolio BRIGHTON, MI 13,71713.7k $780.0k $780.0k 0.07% Added +711 +711
46 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 13,54713.5k $752.3k $752.3k 0.03% Added +8.0k +8,047
47 Spectrum Investment Advisors, Inc. 0.53% of their portfolio MEQUON, WI 12,67612.7k $723.2k $723.2k 0.53% Added +630 +630
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,40611.4k $650.7k $650.7k 0.00% Reduced -146 -146
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,35111.4k $647.6k $647.6k 0.00% Reduced -19.3k -19,256
50 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 10,54910.5k $601.8k $601.8k 0.00% Added +17 +17
51 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 10,29210.3k $587.2k $587.2k 0.01% Reduced -250 -250
52 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,29010.3k $587.0k $587.0k 0.00% New
53 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 10,02910.0k $572.2k $572.2k 0.02% Reduced -827 -827
54 Certified Advisory Corp 0.08% of their portfolio ALTAMONTE SPRINGS, FL 9,7029.7k $553.5k $553.5k 0.08% Reduced -36 -36
55 Clarity Capital Partners LLC 0.36% of their portfolio Newport Beach, CA 9,6559.7k $550.8k $550.8k 0.36% Added +5.0k +5,033
56 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 9,6039.6k $547.9k $547.9k 0.00% New
57 Sunbelt Securities, Inc. 0.06% of their portfolio HOUSTON, TX 9,1729.2k $523.3k $523.3k 0.06% Reduced -121 -121
58 Empirical Asset Management, LLC 0.25% of their portfolio WELLESLEY, MA 9,0029.0k $513.5k $513.5k 0.25% Added +274 +274
59 Hoxton Planning & Management, LLC 0.24% of their portfolio SHEPHERDSTOWN, WV 8,6808.7k $495.2k $495.2k 0.24% Added +37 +37
60 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 8,2528.3k $470.8k $470.8k 0.00% New
61 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,0648.1k $460.0k $460.0k 0.00% Reduced -316 -316
62 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 8,0558.1k $459.6k $459.6k 0.02% Added +461 +461
63 Signal Advisors Wealth, LLC 0.09% of their portfolio DETROIT, MI 6,3936.4k $364.7k $364.7k 0.09% Added +2.4k +2,374
64 Foguth Wealth Management, LLC. 0.20% of their portfolio BRIGHTON, MI 6,3936.4k $364.7k $364.7k 0.20% First filing
65 Principle Wealth Partners LLC 0.03% of their portfolio MADISON, CT 6,1676.2k $351.8k $351.8k 0.03% Unchanged
66 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 5,8265.8k $332.4k $332.4k 0.00% Added +26 +26
67 Prepared Retirement Institute LLC 0.25% of their portfolio LANSDALE, PA 5,8145.8k $331.7k $331.7k 0.25% Added +26 +26
68 LINCOLN NATIONAL CORP 0.00% of their portfolio RADNOR, PA 5,3185.3k $303.4k $303.4k 0.00% Added +260 +260
69 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,0045.0k $285.5k $285.5k 0.00% New
70 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 4,9655.0k $283.3k $283.3k 0.01% Reduced -22 -22
71 AVAII WEALTH MANAGEMENT, LLC 0.16% of their portfolio APPLETON, WI 4,7514.8k $271.1k $271.1k 0.16% Reduced -244 -244
72 CFO4Life Group, LLC 0.05% of their portfolio COPPELL, TX 4,7124.7k $268.8k $268.8k 0.05% Reduced -1.3k -1,277
73 THOROUGHBRED FINANCIAL SERVICES, LLC 0.03% of their portfolio BRENTWOOD, TN 4,6614.7k $265.0k $265.0k 0.03% New
74 LANDAAS & CO /WI /ADV 0.08% of their portfolio MILWAUKEE, WI 4,5604.6k $260.0k $260.0k 0.08% Unchanged
75 VICUS CAPITAL 0.02% of their portfolio STATE COLLEGE, PA 4,4174.4k $252.0k $252.0k 0.02% Reduced -415 -415
76 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 4,1444.1k $236.4k $236.4k 0.02% Unchanged
77 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 4,1324.1k $235.7k $235.7k 0.00% Reduced -49.7k -49,674
78 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 4,0654.1k $223.4k $223.4k 0.01% Unchanged
79 LJI Wealth Management, LLC 0.06% of their portfolio INDIANAPOLIS, IN 3,9303.9k $224.2k $224.2k 0.06% Unchanged
80 CHILDRESS CAPITAL ADVISORS, LLC 0.06% of their portfolio HOUSTON, TX 3,7273.7k $212.6k $212.6k 0.06% New
81 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,7103.7k $211.7k $211.7k 0.00% New
82 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 3,6893.7k $210.5k $210.5k 0.01% New
83 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,6203.6k $206.5k $206.5k 0.00% Reduced -1.7k -1,749
84 HARTLINE INVESTMENT CORP/ 0.04% of their portfolio WINNETKA, IL 3,5193.5k $200.8k $200.8k 0.04% New
85 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% of their portfolio CONCORD, MA 3,5193.5k $200.8k $200.8k 0.04% New
86 Glass Jacobson Investment Advisors llc 0.07% of their portfolio OWINGS MILLS, MD 3,4793.5k $198.5k $198.5k 0.07% Added +16 +16
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0693.1k $175.1k $175.1k 0.00% Added +544 +544
88 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 2,9002.9k $165.4k $165.4k 0.00% Added +101 +101
89 Glen Eagle Advisors, LLC 0.03% of their portfolio KINGSTON, NJ 2,8502.9k $162.6k $162.6k 0.03% Unchanged
90 Clarity Asset Management, Inc. 0.10% of their portfolio AMES, IA 2,5222.5k $143.9k $143.9k 0.10% Added +12 +12
91 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,1822.2k $124.5k $124.5k 0.00% Added +550 +550
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,0542.1k $117.2k $117.2k 0.00% Unchanged
93 Indiana Trust & Investment Management Co 0.04% of their portfolio MISHAWAKA, IN 1,6771.7k $95.7k $95.7k 0.04% New
94 Richard W. Paul & Associates, LLC 0.03% of their portfolio NOVI, MI 1,2811.3k $73.1k $73.1k 0.03% Reduced -414 -414
95 SILVER OAK SECURITIES, INCORPORATED 0.01% of their portfolio JACKSON, TN 897897 $51.2k $51.2k 0.01% Added +4 +4
96 Vermillion & White Wealth Management Group, LLC 0.04% of their portfolio PHOENIXVILLE, PA 773773 $44.1k $44.1k 0.04% New
97 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 700700 $39.9k $39.9k 0.00% Unchanged
98 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 661661 $37.7k $37.7k 0.00% Added +3 +3
99 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 412412 $23.5k $23.5k 0.00% Added +270 +270
100 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 325325 $18.5k $18.5k 0.00% Reduced -10 -10