Vault-13

FIDELITY COVINGTON TRUST FVAL

VLU FACTOR ETF · ETP · CUSIP 316092782

108 institutional holders -1 vs Q1 2024
9,613,2999.6m shares reported held*
$553.4mreported value*
12 new 45 added 34 reduced 13 sold out net sold ≈ $29.6m (-514.5k 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 ≈ $57.57.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 75Q4 22: 89Q1 23: 77Q2 23: 83Q3 23: 82Q4 23: 104Q1 24: 109Q2 24: 108108Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202275
Q4 202289
Q1 202377
Q2 202383
Q3 202382
Q4 2023104
Q1 2024109
Q2 2024108

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 outQ2 23: 38 bought or addedQ2 23: 41 cut or sold outQ2 23Q3 23: 48 bought or addedQ3 23: 33 cut or sold outQ4 23: 60 bought or addedQ4 23: 30 cut or sold outQ4 23Q1 24: 61 bought or addedQ1 24: 45 cut or sold outQ2 24: 57 bought or addedQ2 24: 47 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225033
Q1 20233649
Q2 20233841
Q3 20234833
Q4 20236030
Q1 20246145
Q2 20245747

Biggest buyers

JPMORGAN CHASE & CO Added +153,816+153.8k
ENVESTNET ASSET MANAGEMENT INC Added +149,954+150.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +66,816+66.8k
Dynasty Wealth Management, LLC New +50,336+50.3k
Custos Family Office, LLC Added +40,148+40.1k
Thrivent Financial for Lutherans Added +38,752+38.8k
Cyndeo Wealth Partners, LLC New +36,383+36.4k
Goodwin Investment Advisory Added +29,562+29.6k
Vantage Financial Partners, LLC New +23,038+23.0k
Kestra Advisory Services, LLC Added +22,764+22.8k

Biggest sellers

MORGAN STANLEY Reduced -611,128-611.1k
High Probability Advisors, LLC Reduced -134,104-134.1k
OSAIC HOLDINGS, INC. Reduced -113,861-113.9k
ROYAL BANK OF CANADA Reduced -72,669-72.7k
BANK OF AMERICA CORP /DE/ Reduced -53,731-53.7k
Traynor Capital Management, Inc. Sold out -46,878-46.9k
Dynamic Advisor Solutions LLC Reduced -26,178-26.2k
RATIONAL ADVISORS, INC. Sold out -21,393-21.4k
Darwin Wealth Management, LLC Sold out -18,004-18.0k
Executive Wealth Management, LLC Sold out -13,717-13.7k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,699,1821.7m $97.8m $97.8m 0.00% Added +153.8k +153,816
2 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,104,2431.1m $63.6m $63.6m 0.02% Added +150.0k +149,954
3 FMR LLC 0.00% of their portfolio BOSTON, MA 820,376820.4k $47.2m $47.2m 0.00% Reduced -8.2k -8,235
4 Goodwin Investment Advisory 21.00% of their portfolio WOODSTOCK, GA 794,799794.8k $45.8m $45.8m 21.00% Added +29.6k +29,562
5 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 714,872714.9k $41.2m $41.2m 0.07% Added +66.8k +66,816
6 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 556,692556.7k $32.1m $32.1m 0.06% Added +38.8k +38,752
7 Prism Advisors, Inc. 7.66% of their portfolio STUDIO CITY, CA 438,882438.9k $25.3m $25.3m 7.66% Reduced -9.3k -9,271
8 High Probability Advisors, LLC 3.81% of their portfolio Pittsford, NY 364,478364.5k $21.0m $21.0m 3.81% Reduced -134.1k -134,104
9 Custos Family Office, LLC 6.04% of their portfolio AUSTIN, TX 262,512262.5k $15.1m $15.1m 6.04% Added +40.1k +40,148
10 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 251,306251.3k $14.5m $14.5m 0.03% Reduced -113.9k -113,861
11 Halpern Financial, Inc. 2.76% of their portfolio ASHBURN, VA 174,649174.6k $10.1m $10.1m 2.76% Reduced -2.4k -2,430
12 Dynamic Advisor Solutions LLC 0.29% of their portfolio PHOENIX, AZ 157,688157.7k $9.1m $9.1m 0.29% Reduced -26.2k -26,178
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 152,426152.4k $8.8m $8.8m 0.00% Reduced -72.7k -72,669
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 149,990150.0k $8.6m $8.6m 0.00% Reduced -53.7k -53,731
15 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 129,805129.8k $7.2m $7.2m 0.04% Added +22.8k +22,764
16 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 119,120119.1k $6.9m $6.9m 0.01% Reduced -470 -470
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 115,504115.5k $6.7m $6.7m 0.00% Added +898 +898
18 FISCHER INVESTMENT STRATEGIES, LLC 5.68% of their portfolio Westlake Village, CA 101,077101.1k $5.8m $5.8m 5.68% Added +2.2k +2,229
19 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 100,006100.0k $5.8m $5.8m 0.01% Added +4.9k +4,892
20 CONDOR CAPITAL MANAGEMENT 0.53% of their portfolio MARTINSVILLE, NJ 95,86295.9k $5.5m $5.5m 0.53% Added +4.8k +4,847
21 Forbes Financial Planning, Inc. 4.17% of their portfolio EAST GREENWICH, RI 92,11892.1k $5.3m $5.3m 4.17% Added +11.2k +11,178
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 78,89378.9k $4.5m $4.5m 0.00% Reduced -611.1k -611,128
23 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 71,60671.6k $4.1m $4.1m 0.04% Added +10.1k +10,087
24 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 71,15171.2k $4.1m $4.1m 0.02% Reduced -1.2k -1,221
25 Patriot Financial Group Insurance Agency, LLC 0.44% of their portfolio Westborough, MA 51,40951.4k $3.0m $3.0m 0.44% Added +3.4k +3,382
26 ALTFEST L J & CO INC 0.40% of their portfolio NEW YORK, NY 50,94050.9k $2.9m $2.9m 0.40% Reduced -6.3k -6,278
27 Cedar Point Capital Partners, LLC 2.19% of their portfolio Cedar Rapids, IA 50,79050.8k $2.9m $2.9m 2.19% Added +1.5k +1,490
28 Bouvel Investment Partners, LLC 1.13% of their portfolio PHOENIXVILLE, PA 50,76050.8k $2.9m $2.9m 1.13% Added +338 +338
29 Dynasty Wealth Management, LLC 0.09% of their portfolio ST. PETERSBURG, FL 50,33650.3k $2.9m $2.9m 0.09% New
30 PFG Advisors 0.18% of their portfolio Phoenix, AZ 47,20347.2k $2.7m $2.7m 0.18% Added +3.5k +3,466
31 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 43,24943.2k $2.5m $2.5m 0.03% Reduced -3.4k -3,445
32 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 43,24943.2k $2.5m $2.5m 0.03% Reduced -3.4k -3,445
33 LVZ, Inc. 0.29% of their portfolio Holland, MI 37,16437.2k $2.1m $2.1m 0.29% Reduced -3.5k -3,496
34 Cyndeo Wealth Partners, LLC 0.16% of their portfolio ST. PETERSBURG, FL 36,38336.4k $2.1m $2.1m 0.16% New
35 PRIMORIS WEALTH ADVISORS, LLC 1.54% of their portfolio North Palm Beach, FL 33,47133.5k $1.9m $1.9m 1.54% Added +860 +860
36 Mutual Advisors, LLC 0.06% of their portfolio OMAHA, NE 32,93032.9k $1.9m $1.9m 0.06% Reduced -6.3k -6,283
37 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 31,00531.0k $1.8m $1.8m 0.02% Added +7.4k +7,418
38 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 28,23628.2k $1.6m $1.6m 0.03% Reduced -5.4k -5,448
39 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 27,92827.9k $1.6m $1.6m 0.03% Reduced -2.4k -2,449
40 Vantage Financial Partners, LLC 0.34% of their portfolio ELM GROVE, WI 23,03823.0k $1.3m $1.3m 0.34% New
41 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 22,13422.1k $1.3m $1.3m 0.00% Added +7.5k +7,467
42 Sigma Planning Corp 0.04% of their portfolio ANN ARBOR, MI 19,74719.7k $1.1m $1.1m 0.04% Added +706 +706
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,82018.8k $1.1m $1.1m 0.00% Added +7.5k +7,469
44 Samalin Investment Counsel, LLC 0.40% of their portfolio CHAPPAQUA, NY 14,80014.8k $852.3k $852.3k 0.40% Added +96 +96
45 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 13,19313.2k $759.7k $759.7k 0.03% Reduced -354 -354
46 Spectrum Investment Advisors, Inc. 0.54% of their portfolio MEQUON, WI 12,78812.8k $736.4k $736.4k 0.54% Added +112 +112
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,28911.3k $650.1k $650.1k 0.00% Reduced -117 -117
48 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 10,79810.8k $632.6k $632.6k 0.00% Added +249 +249
49 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,63010.6k $612.1k $612.1k 0.00% Added +338 +338
50 Americana Partners, LLC 0.05% of their portfolio Houston, TX 10,25510.3k $590.5k $590.5k 0.05% Reduced -8.1k -8,102
51 Clarity Capital Partners LLC 0.35% of their portfolio Newport Beach, CA 9,98210.0k $574.8k $574.8k 0.35% Added +327 +327
52 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 9,8539.9k $567.4k $567.4k 0.00% Added +5.7k +5,721
53 Certified Advisory Corp 0.07% of their portfolio ALTAMONTE SPRINGS, FL 9,7369.7k $560.6k $560.6k 0.07% Added +34 +34
54 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 9,1729.2k $528.2k $528.2k 0.05% Unchanged
55 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 8,8788.9k $511.2k $511.2k 0.00% Reduced -725 -725
56 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 8,6898.7k $500.3k $500.3k 0.00% Added +437 +437
57 Hoxton Planning & Management, LLC 0.23% of their portfolio SHEPHERDSTOWN, WV 8,6808.7k $499.8k $499.8k 0.23% Unchanged
58 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 8,1198.1k $467.5k $467.5k 0.02% Added +64 +64
59 THOROUGHBRED FINANCIAL SERVICES, LLC 0.03% of their portfolio BRENTWOOD, TN 8,0578.1k $463.0k $463.0k 0.03% Added +3.4k +3,396
60 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 7,3297.3k $422.0k $422.0k 0.01% Reduced -2.7k -2,700
61 Quotient Wealth Partners, LLC 0.01% of their portfolio DALLAS, TX 7,2567.3k $417.8k $417.8k 0.01% New
62 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 7,1557.2k $412.0k $412.0k 0.00% Reduced -909 -909
63 Compound Planning, Inc. 0.03% of their portfolio NEW YORK, NY 6,6846.7k $384.9k $384.9k 0.03% New
64 Principle Wealth Partners LLC 0.03% of their portfolio MADISON, CT 6,1676.2k $355.1k $355.1k 0.03% Unchanged
65 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 6,1076.1k $351.6k $351.6k 0.00% Added +1.1k +1,103
66 Foguth Wealth Management, LLC. 0.15% of their portfolio BRIGHTON, MI 5,9055.9k $340.1k $340.1k 0.15% Reduced -488 -488
67 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 5,8515.9k $336.9k $336.9k 0.00% Added +25 +25
68 Prepared Retirement Institute LLC 0.22% of their portfolio LANSDALE, PA 5,8395.8k $336.2k $336.2k 0.22% Added +25 +25
69 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 4,8384.8k $278.6k $278.6k 0.01% Reduced -127 -127
70 AVAII WEALTH MANAGEMENT, LLC 0.15% of their portfolio APPLETON, WI 4,8244.8k $277.8k $277.8k 0.15% Added +73 +73
71 CFO4Life Group, LLC 0.05% of their portfolio COPPELL, TX 4,6814.7k $269.5k $269.5k 0.05% Reduced -31 -31
72 LANDAAS & CO /WI /ADV 0.08% of their portfolio MILWAUKEE, WI 4,5604.6k $263.0k $263.0k 0.08% Unchanged
73 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% of their portfolio CONCORD, MA 4,1054.1k $236.4k $236.4k 0.04% Added +586 +586
74 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 4,0654.1k $234.1k $234.1k 0.01% Unchanged
75 LJI Wealth Management, LLC 0.05% of their portfolio INDIANAPOLIS, IN 3,9303.9k $226.3k $226.3k 0.05% Unchanged
76 Strategic Blueprint, LLC 0.01% of their portfolio ATLANTA, GA 3,7943.8k $218.5k $218.5k 0.01% Reduced -350 -350
77 CHILDRESS CAPITAL ADVISORS, LLC 0.06% of their portfolio HOUSTON, TX 3,7273.7k $214.6k $214.6k 0.06% Unchanged
78 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,7223.7k $214.3k $214.3k 0.00% Added +12 +12
79 Beaumont Financial Advisors, LLC 0.02% of their portfolio NEEDHAM, MA 3,6303.6k $209.0k $209.0k 0.02% New
80 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,5873.6k $206.6k $206.6k 0.00% Reduced -33 -33
81 Glass Jacobson Investment Advisors llc 0.07% of their portfolio OWINGS MILLS, MD 3,4943.5k $201.2k $201.2k 0.07% Added +15 +15
82 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,3363.3k $192.1k $192.1k 0.00% Added +267 +267
83 Glen Eagle Advisors, LLC 0.03% of their portfolio KINGSTON, NJ 2,8502.9k $164.1k $164.1k 0.03% Unchanged
84 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 2,8492.8k $164.1k $164.1k 0.00% Reduced -51 -51
85 Clarity Asset Management, Inc. 0.09% of their portfolio AMES, IA 2,2662.3k $130.5k $130.5k 0.09% Reduced -256 -256
86 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,1822.2k $125.7k $125.7k 0.00% Unchanged
87 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,0542.1k $118.3k $118.3k 0.00% Unchanged
88 SILVER OAK SECURITIES, INCORPORATED 0.01% of their portfolio JACKSON, TN 901901 $51.9k $51.9k 0.01% Added +4 +4
89 Vermillion & White Wealth Management Group, LLC 0.03% of their portfolio PHOENIXVILLE, PA 773773 $44.5k $44.5k 0.03% Unchanged
90 CNB Bank 0.02% of their portfolio CLEARFIELD, PA 686686 $39.5k $39.5k 0.02% New
91 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 664664 $38.2k $38.2k 0.00% Added +3 +3
92 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 552552 $31.8k $31.8k 0.00% New
93 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 421421 $24.2k $24.2k 0.00% Added +9 +9
94 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 327327 $18.8k $18.8k 0.00% Added +2 +2
95 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 237237 $13.6k $13.6k 0.00% New
96 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 223223 $12.8k $12.8k 0.00% Unchanged
97 ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio JACKSON, WY 180180 $10.4k $10.4k 0.00% Unchanged
98 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 153153 $8.8k $8.8k 0.00% Reduced -68 -68
99 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 150150 $8.7k $8.7k 0.00% New
100 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 8080 $4.6k $4.6k 0.00% Unchanged