Vault-13

FIDELITY COVINGTON TRUST FQAL

QLTY FCTOR ETF · ETP · CUSIP 316092790

69 institutional holders +5 vs Q1 2023
3,741,5343.7m shares reported held*
$189.1mreported value*
13 new 24 added 21 reduced 8 sold out net bought ≈ $20.2m (+399.2k 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. Holder counts are more reliable. Implied quarter-end price ≈ $50.55.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 56Q4 22: 64Q1 23: 64Q2 23: 6969Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202256
Q4 202264
Q1 202364
Q2 202369

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 34 bought or addedQ4 22: 23 cut or sold outQ4 22Q1 23: 30 bought or addedQ1 23: 33 cut or sold outQ1 23Q2 23: 37 bought or addedQ2 23: 29 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223423
Q1 20233033
Q2 20233729

Biggest buyers

Great Lakes Retirement, Inc. New +329,455+329.5k
OSAIC HOLDINGS, INC. Added +129,462+129.5k
ENVESTNET ASSET MANAGEMENT INC Added +73,425+73.4k
NewEdge Advisors, LLC New +30,620+30.6k
Cerity Partners LLC New +25,966+26.0k
OmniStar Financial Group, Inc. New +21,590+21.6k
FLOW TRADERS U.S. LLC New +20,249+20.2k
Sunbelt Securities, Inc. Added +19,760+19.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +14,048+14.0k
AE Wealth Management LLC Added +12,717+12.7k

Biggest sellers

FMR LLC Reduced -129,712-129.7k
Kestra Advisory Services, LLC Reduced -66,903-66.9k
JANE STREET GROUP, LLC Sold out -28,952-29.0k
BMS Financial Advisors, LLC Reduced -24,331-24.3k
HighTower Advisors, LLC Reduced -16,943-16.9k
SMITH CHAS P & ASSOCIATES PA CPAS Reduced -15,396-15.4k
RWA WEALTH PARTNERS, LLC Reduced -11,692-11.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -10,917-10.9k
GOLDMAN SACHS GROUP INC Reduced -7,823-7.8k
LPL Financial LLC Reduced -5,418-5.4k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 966,721966.7k $48.9m $48.9m 0.02% Added +73.4k +73,425
2 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 507,926507.9k $25.7m $25.7m 0.05% Added +129.5k +129,462
3 Great Lakes Retirement, Inc. 2.94% of their portfolio SANDUSKY, OH 329,455329.5k $16.7m $16.7m 2.94% New
4 SMITH CHAS P & ASSOCIATES PA CPAS 0.89% of their portfolio LAKELAND, FL 274,208274.2k $13.9m $13.9m 0.89% Reduced -15.4k -15,396
5 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 265,156265.2k $13.4m $13.4m 0.13% Reduced -66.9k -66,903
6 High Probability Advisors, LLC 2.03% of their portfolio Pittsford, NY 187,198187.2k $9.5m $9.5m 2.03% Added +11.5k +11,537
7 FMR LLC 0.00% of their portfolio BOSTON, MA 115,752115.8k $5.9m $5.9m 0.00% Reduced -129.7k -129,712
8 Sunbelt Securities, Inc. 0.77% of their portfolio HOUSTON, TX 106,224106.2k $5.4m $5.4m 0.77% Added +19.8k +19,760
9 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 101,154101.2k $5.1m $5.1m 0.01% Added +14.0k +14,048
10 KCS Wealth Advisory 1.04% of their portfolio LOS ANGELES, CA 59,56659.6k $3.0m $3.0m 1.04% Added +1.5k +1,480
11 LVZ, Inc. 0.37% of their portfolio Holland, MI 52,30152.3k $2.6m $2.6m 0.37% Reduced -190 -190
12 Sequent Asset Management, LLC 2.27% of their portfolio HOUSTON, TX 41,44041.4k $2.1m $2.1m 2.27% Added +200 +200
13 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 41,39041.4k $2.1m $2.1m 0.02% Added +65 +65
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 41,16941.2k $2.1m $2.1m 0.00% Added +1.5k +1,501
15 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 39,98540.0k $2.0m $2.0m 0.02% Added +3.4k +3,360
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 38,95739.0k $2.0m $2.0m 0.00% Reduced -644 -644
17 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 37,71637.7k $1.9m $1.9m 0.01% Added +12.7k +12,717
18 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 37,13737.1k $1.9m $1.9m 0.04% Reduced -688 -688
19 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 30,62030.6k $1.5m $1.5m 0.02% New
20 Glen Eagle Advisors, LLC 0.30% of their portfolio KINGSTON, NJ 26,12526.1k $1.3m $1.3m 0.30% Added +2.1k +2,065
21 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 25,96626.0k $1.3m $1.3m 0.01% New
22 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 25,25125.3k $1.3m $1.3m 0.00% First filing
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 24,58224.6k $1.2m $1.2m 0.00% Added +1.1k +1,150
24 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 24,00124.0k $1.2m $1.2m 0.01% Reduced -669 -669
25 OmniStar Financial Group, Inc. 1.28% of their portfolio Wilmington, NC 21,59021.6k $1.1m $1.1m 1.28% New
26 Independent Advisor Alliance 0.05% of their portfolio CHARLOTTE, NC 21,46421.5k $1.1m $1.1m 0.05% Reduced -199 -199
27 Biondo Investment Advisors, LLC 0.20% of their portfolio MILFORD, PA 21,04621.0k $1.1m $1.1m 0.20% Added +310 +310
28 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 20,24920.2k $1.0m $1.0m 0.04% New
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 19,60819.6k $991.2k $991.2k 0.00% Reduced -5.4k -5,418
30 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,71717.7k $895.6k $895.6k 0.00% Reduced -882 -882
31 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,68517.7k $894.0k $894.0k 0.00% Reduced -16.9k -16,943
32 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 17,62317.6k $890.8k $890.8k 0.01% Reduced -477 -477
33 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 16,10616.1k $814.0k $814.0k 0.00% Reduced -27 -27
34 RWA WEALTH PARTNERS, LLC 0.02% of their portfolio BOSTON, MA 15,98716.0k $808.1k $808.1k 0.02% Reduced -11.7k -11,692
35 Madden Advisory Services, Inc. 0.51% of their portfolio Jacksonville, FL 15,55015.6k $786.1k $786.1k 0.51% Unchanged
36 ALTFEST L J & CO INC 0.11% of their portfolio NEW YORK, NY 14,14214.1k $715.0k $715.0k 0.11% Reduced -394 -394
37 True Wealth Design, LLC 0.26% of their portfolio AKRON, OH 13,86913.9k $701.1k $701.1k 0.26% Reduced -1.1k -1,102
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,18113.2k $666.3k $666.3k 0.00% Added +6.7k +6,726
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 9,1429.1k $462.1k $462.1k 0.00% New
40 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 8,0018.0k $404.5k $404.5k 0.01% Added +10 +10
41 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 7,3577.4k $371.9k $371.9k 0.00% Added +1.4k +1,366
42 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 7,0327.0k $355.5k $355.5k 0.01% Reduced -1.2k -1,240
43 Hoxton Planning & Management, LLC 0.21% of their portfolio SHEPHERDSTOWN, WV 6,7356.7k $340.5k $340.5k 0.21% New
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 6,2726.3k $317.1k $317.1k 0.00% Reduced -7.8k -7,823
45 Colonial Trust Co / SC 0.07% of their portfolio SPARTANBURG, SC 5,7705.8k $288.7k $288.7k 0.07% Added +3.6k +3,551
46 BMS Financial Advisors, LLC 0.19% of their portfolio RAPID CITY, SD 5,6545.7k $285.8k $285.8k 0.19% Reduced -24.3k -24,331
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,2795.3k $267.0k $267.0k 0.00% Added +4.9k +4,893
48 CENTAURUS FINANCIAL, INC. 0.02% of their portfolio ANAHEIM, CA 4,8014.8k $243.0k $243.0k 0.02% Reduced -1.1k -1,068
49 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 4,6804.7k $236.6k $236.6k 0.00% New
50 Atlas Brown,Inc. 0.10% of their portfolio LOUISVILLE, KY 4,6184.6k $233.4k $233.4k 0.10% Added +234 +234
51 Almanack Investment Partners, LLC. 0.04% of their portfolio WAYNE, PA 4,4624.5k $225.6k $225.6k 0.04% Added +1 +1
52 Weaver Consulting Group 0.09% of their portfolio HUNTINGTON BEACH, CA 4,1314.1k $208.8k $208.8k 0.09% New
53 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 2,7282.7k $137.9k $137.9k 0.01% Added +267 +267
54 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 2,2482.2k $114.0k $114.0k 0.00% Unchanged
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,9742.0k $82.1k $82.1k 0.00% Added +400 +400
56 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 1,9001.9k $96.1k $96.1k 0.00% Unchanged
57 Horan Securities, Inc. 0.01% of their portfolio CINCINNATI, X1 584584 $29.5k $29.5k 0.01% Added +3 +3
58 Halpern Financial, Inc. 0.01% of their portfolio ASHBURN, VA 500500 $25.3k $25.3k 0.01% New
59 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 487487 $24.6k $24.6k 0.00% New
60 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 485485 $24.5k $24.5k 0.00% Unchanged
61 NFSG Corp 0.01% of their portfolio BOCA RATON, FL 385385 $19.5k $19.5k 0.01% Unchanged
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 233233 $11.8k $11.8k 0.00% Reduced -138 -138
63 Live Oak Investment Partners 0.01% of their portfolio AUSTIN, TX 174174 $8.8k $8.8k 0.01% Unchanged
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 9595 $4.8k $4.8k 0.00% Unchanged
65 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 6868 $3.4k $3.4k 0.00% New
66 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 4646 $2.3k $2.3k 0.00% Unchanged
67 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 3939 $2.0k $2.0k 0.00% New
68 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1111 $556 $556 0.00% Unchanged
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $11 $11 0.00% Unchanged