Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

335 institutional holders +11 vs Q4 2022
11,251,52511.3m shares reported held*
$1.3bnreported value*
43 new 110 added 119 reduced 26 sold out net bought ≈ $54.5m (+466.7k 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 ($430.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $113.56. Options: 3 managers hold calls ($3.0m notional), 1 hold puts ($57.0k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 299Q4 22: 324Q1 23: 335335Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 137 bought or addedQ4 22: 135 cut or sold outQ4 22Q1 23: 153 bought or addedQ1 23: 145 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $2.2mQ3 22 puts: $374.0kQ3 22P/C 0.17Q4 22 calls: $2.0mQ4 22 puts: $293.0kQ4 22P/C 0.14Q1 23 calls: $3.0mQ1 23 puts: $57.0kQ1 23P/C 0.02
Numbers
QuarterCallsPutsP/C
Q3 2022$2.2m$374.0k0.17
Q4 2022$2.0m$293.0k0.14
Q1 2023$3.0m$57.0k0.02

Biggest buyers

Portfolio Strategies, Inc. Added +130,469+130.5k
ENVESTNET ASSET MANAGEMENT INC Added +110,428+110.4k
Harel Insurance Investments & Financial Services Ltd. New +104,900+104.9k
FMR LLC Added +100,654+100.7k
Connectus Wealth, LLC Added +78,284+78.3k
OSAIC HOLDINGS, INC. Added +63,880+63.9k
Lido Advisors, LLC Added +53,716+53.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +37,679+37.7k
Orion Portfolio Solutions, LLC New +30,518+30.5k
Cetera Investment Advisers New +28,889+28.9k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -70,577-70.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -62,733-62.7k
Thrivent Financial for Lutherans Reduced -37,616-37.6k
TRAPHAGEN INVESTMENT ADVISORS LLC Reduced -34,580-34.6k
JPMORGAN CHASE & CO Reduced -34,407-34.4k
PRUDENTIAL FINANCIAL INC Reduced -28,856-28.9k
BANK OF AMERICA CORP /DE/ Reduced -26,427-26.4k
Full Sail Capital, LLC Reduced -25,302-25.3k
FLOW TRADERS U.S. LLC Sold out -24,828-24.8k
CITADEL ADVISORS LLC Reduced -24,590-24.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.5m21.6k shares
Belvedere Trading LLC Added $490.0k4.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC Reduced $57.0k500 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 2,277,9602.3m $259.6m $259.6m 0.08% Added +17.4k +17,387
2 Lido Advisors, LLC 2.43% of their portfolio Los Angeles, CA 1,529,2611.5m $174.3m $174.3m 2.43% Added +53.7k +53,716
3 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 785,590785.6k $89.5m $89.5m 0.19% Added +37.7k +37,679
4 Full Sail Capital, LLC 7.27% of their portfolio OKLAHOMA CITY, OK 706,065706.1k $80.5m $80.5m 7.27% Reduced -25.3k -25,302
5 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 314,326314.3k $35.8m $35.8m 0.02% Added +110.4k +110,428
6 Portfolio Strategies, Inc. 5.58% of their portfolio MONTVALE, NJ 251,440251.4k $28.6m $28.6m 5.58% Added +130.5k +130,469
7 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 213,549213.5k $24.3m $24.3m 0.02% Reduced -10.2k -10,207
8 FMR LLC 0.00% of their portfolio BOSTON, MA 200,682200.7k $22.9m $22.9m 0.00% Added +100.7k +100,654
9 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 172,831172.8k $19.7m $19.7m 0.04% Added +63.9k +63,880
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 166,909166.9k $19.0m $19.0m 0.00% Reduced -10.4k -10,406
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,308128.3k $14.6m $14.6m 0.00% Reduced -18.0k -18,039
12 Financial Partners Group, Inc 3.23% of their portfolio Overland Park, KS 127,567127.6k $14.5m $14.5m 3.23% Added +152 +152
13 Connectus Wealth, LLC 0.34% of their portfolio CINCINNATI, OH 122,402122.4k $14.0m $14.0m 0.34% Added +78.3k +78,284
14 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 118,807118.8k $13.5m $13.5m 0.07% Added +1.5k +1,457
15 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 117,767117.8k $13.4m $13.4m 0.02% Reduced -2.5k -2,477
16 Advisory Services Network, LLC 0.37% of their portfolio ATLANTA, GA 116,338116.3k $13.3m $13.3m 0.37% Added +27.6k +27,585
17 Harel Insurance Investments & Financial Services Ltd. 0.24% of their portfolio Ramat Gan, L3 104,900104.9k $12.0m $12.0m 0.24% New
18 Atria Wealth Solutions, Inc. 0.17% of their portfolio NEW YORK, NY 101,732101.7k $11.6m $11.6m 0.17% Added +13.1k +13,084
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 101,480101.5k $11.6m $11.6m 0.02% Reduced -70.6k -70,577
20 Halpern Financial, Inc. 4.02% of their portfolio ASHBURN, VA 98,19598.2k $11.2m $11.2m 4.02% Added +526 +526
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 78,15178.2k $8.9m $8.9m 0.00% Reduced -26.4k -26,427
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 76,22876.2k $8.7m $8.7m 0.00% Added +19.5k +19,492
23 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 71,77071.8k $8.2m $8.2m 0.01% Added +3.1k +3,053
24 King Wealth Management Group 1.76% of their portfolio SARATOGA SPRINGS, NY 69,93769.9k $8.0m $8.0m 1.76% Reduced -1.5k -1,476
25 Armor Investment Advisors, LLC 4.44% of their portfolio RALEIGH, NC 68,16268.2k $7.8m $7.8m 4.44% Reduced -460 -460
26 RWA WEALTH PARTNERS, LLC 0.18% of their portfolio BOSTON, MA 66,62666.6k $7.6m $7.6m 0.18% Reduced -726 -726
27 PFG Advisors 0.63% of their portfolio Phoenix, AZ 65,70965.7k $7.5m $7.5m 0.63% Added +4.4k +4,354
28 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 63,68063.7k $7.3m $7.3m 0.01% Added +571 +571
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 63,35563.4k $7.2m $7.2m 0.00% Reduced -34.4k -34,407
30 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 58,15158.2k $6.6m $6.6m 0.07% Reduced -17.8k -17,789
31 ATLAS CAPITAL ADVISORS INC. 1.02% of their portfolio JACKSON, WY 56,69956.7k $6.5m $6.5m 1.02% Added +4.4k +4,360
32 TRAPHAGEN INVESTMENT ADVISORS LLC 0.44% of their portfolio ORADELL, NJ 56,06256.1k $3.0m $3.0m 0.44% Reduced -34.6k -34,580
33 Lifeworks Advisors, LLC 3.02% of their portfolio GRAND RAPIDS, MI 55,85555.9k $6.4m $6.4m 3.02% Reduced -8.2k -8,202
34 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 55,33455.3k $6.3m $6.3m 0.04% Reduced -3.3k -3,286
35 CANTOR FITZGERALD, L. P. 0.13% of their portfolio NEW YORK, NY 54,13754.1k $6.2m $6.2m 0.13% Reduced -2.3k -2,310
36 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 52,17852.2k $5.9m $5.9m 0.04% Added +13.2k +13,248
37 NorthLanding Financial Partners, LLC 4.18% of their portfolio ROCHESTER, NY 52,02352.0k $5.9m $5.9m 4.18% Reduced -2.2k -2,203
38 PGIM Custom Harvest LLC 0.24% of their portfolio NEWARK, NJ 51,47651.5k $5.9m $5.9m 0.24% Reduced -173 -173
39 Smith Salley Wealth Management 0.45% of their portfolio GREENSBORO, NC 50,05650.1k $5.7m $5.7m 0.45% Reduced -3.4k -3,356
40 Exchange Capital Management, Inc. 1.16% of their portfolio Ann Arbor, MI 49,96450.0k $5.7m $5.7m 1.16% Reduced -512 -512
41 Traynor Capital Management, Inc. 0.82% of their portfolio MALVERN, PA 47,36747.4k $5.4m $5.4m 0.82% Added +429 +429
42 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 44,95645.0k $5.1m $5.1m 0.00% Added +1.7k +1,715
43 Rehmann Capital Advisory Group 0.46% of their portfolio LANSING, MI 42,67642.7k $4.9m $4.9m 0.46% Added +112 +112
44 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 42,37742.4k $4.8m $4.8m 0.05% Reduced -1.7k -1,705
45 TBH Global Asset Management, LLC 0.95% of their portfolio Brentwood, TN 39,29239.3k $4.5m $4.5m 0.95% Reduced -40 -40
46 Beaumont Financial Advisors, LLC 0.44% of their portfolio NEEDHAM, MA 38,25238.3k $4.4m $4.4m 0.44% Added +19.3k +19,297
47 Cornerstone Wealth Group, LLC 0.76% of their portfolio HUNTERSVILLE, NC 37,66937.7k $4.3m $4.3m 0.76% Added +3 +3
48 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 36,75236.8k $4.1m $4.1m 0.08% Reduced -7.2k -7,233
49 Snowden Capital Advisors LLC 0.16% of their portfolio New York, NY 36,56736.6k $4.2m $4.2m 0.16% Added +429 +429
50 Mariner, LLC 0.01% of their portfolio Overland Park, KS 35,10935.1k $4.0m $4.0m 0.01% Reduced -1.9k -1,934
51 KCM INVESTMENT ADVISORS LLC 0.16% of their portfolio GREENBRAE, CA 33,73833.7k $3.8m $3.8m 0.16% Reduced -139 -139
52 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 33,50133.5k $3.2m $3.2m 0.01% Reduced -28.9k -28,856
53 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 33,46433.5k $3.8m $3.8m 0.01% Reduced -11 -11
54 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 30,51830.5k $3.5m $3.5m 0.04% Added +27.9k +27,926
55 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 30,51830.5k $3.5m $3.5m 0.04% New
56 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 29,32329.3k $3.3m $3.3m 0.02% Added +7.0k +7,012
57 Soltis Investment Advisors LLC 0.42% of their portfolio ST. GEORGE, UT 29,14729.1k $3.3m $3.3m 0.42% Added +21.9k +21,947
58 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 28,88928.9k $3.3m $3.3m 0.03% New
59 J.W. COLE ADVISORS, INC. 0.23% of their portfolio TAMPA, FL 28,13728.1k $3.2m $3.2m 0.23% Added +104 +104
60 Financial Perspectives, Inc 1.52% of their portfolio MINNEAPOLIS, MN 27,84727.8k $3.2m $3.2m 1.52% Added +5 +5
61 Mokosak Advisory Group, LLC 1.34% of their portfolio URBANDALE, IA 27,62327.6k $3.1m $3.1m 1.34% Added +1.0k +1,039
62 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 27,31727.3k $3.1m $3.1m 0.04% Added +246 +246
63 Sigma Planning Corp 0.10% of their portfolio ANN ARBOR, MI 27,26527.3k $3.1m $3.1m 0.10% Reduced -2.0k -1,961
64 SOUTHERN CAPITAL ADVISORS, LLC 2.25% of their portfolio Jackson, TN 26,64726.6k $3.0m $3.0m 2.25% Added +978 +978
65 Court Place Advisors, LLC 1.03% of their portfolio ELLICOTT CITY, MD 24,86924.9k $2.8m $2.8m 1.03% Reduced -100 -100
66 Yoder Wealth Management, Inc. 2.26% of their portfolio WALNUT CREEK, CA 23,84123.8k $2.7m $2.7m 2.26% First filing
67 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 23,43023.4k $2.7m $2.7m 0.02% Added +2.6k +2,571
68 Prospera Financial Services Inc 0.11% of their portfolio Dallas, TX 23,25923.3k $2.7m $2.7m 0.11% Reduced -296 -296
69 EPG Wealth Management LLC 0.83% of their portfolio ATLANTA, GA 23,22623.2k $2.6m $2.6m 0.83% Reduced -294 -294
70 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 21,35921.4k $2.4m $2.4m 0.01% Reduced -37.6k -37,616
71 Birchcreek Wealth Management, LLC 1.77% of their portfolio MIAMI TOWNSHIP, OH 19,67719.7k $2.2m $2.2m 1.77% Reduced -3.8k -3,768
72 Crumly & Associates Inc. 0.97% of their portfolio SPRINGFIELD, IL 19,55919.6k $2.2m $2.2m 0.97% Added +5.0k +4,985
73 SVB WEALTH LLC 0.03% of their portfolio BOSTON, MA 19,52519.5k $2.2m $2.2m 0.03% Reduced -4.7k -4,702
74 Sowell Financial Services LLC 0.17% of their portfolio NORTH LITTLE ROCK, AR 18,99719.0k $2.2m $2.2m 0.17% New
75 Ancora Advisors LLC 0.06% of their portfolio Cleveland, OH 18,89618.9k $2.2m $2.2m 0.06% Reduced -65 -65
76 Anchor Investment Management, LLC 0.29% of their portfolio COLUMBIA, SC 18,68018.7k $2.1m $2.1m 0.29% Added +474 +474
77 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 18,66418.7k $2.1m $2.1m 0.04% Added +221 +221
78 NAVELLIER & ASSOCIATES INC 0.45% of their portfolio Reno, NV 18,60018.6k $2.1m $2.1m 0.45% Unchanged
79 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 18,22818.2k $2.1m $2.1m 0.08% Added +357 +357
80 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 18,20518.2k $2.0m $2.0m 0.12% Added +466 +466
81 Eley Financial Management, Inc 1.04% of their portfolio SOUTH BURLINGTON, VT 17,70517.7k $2.0m $2.0m 1.04% Reduced -132 -132
82 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 17,60717.6k $2.0m $2.0m 0.01% Reduced -4.1k -4,136
83 Heck Capital Advisors, LLC 0.38% of their portfolio Rhinelander, WI 17,56417.6k $2.0m $2.0m 0.38% Added +407 +407
84 DAYMARK WEALTH PARTNERS, LLC 0.27% of their portfolio CINCINNATI, OH 17,54417.5k $2.0m $2.0m 0.27% New
85 BRIGHTON JONES LLC 0.11% of their portfolio SEATTLE, WA 16,90416.9k $1.9m $1.9m 0.11% Added +872 +872
86 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,58016.6k $1.9m $1.9m 0.00% Added +11.6k +11,623
87 Curi Capital, LLC 0.07% of their portfolio CHICAGO, IL 16,56516.6k $1.9m $1.9m 0.07% Reduced -22 -22
88 Maltin Wealth Management, Inc. 1.35% of their portfolio RIDGEWOOD, NJ 16,43616.4k $1.9m $1.9m 1.35% Added +608 +608
89 LYNCH & ASSOCIATES/IN 0.49% of their portfolio EVANSVILLE, IN 16,35616.4k $1.9m $1.9m 0.49% Reduced -970 -970
90 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 15,85915.9k $1.8m $1.8m 0.01% Added +577 +577
91 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 15,61315.6k $1.8m $1.8m 0.00% Reduced -21 -21
92 Freedom Investment Management, Inc. 0.20% of their portfolio SOUTH WINDSOR, CT 15,24315.2k $1.7m $1.7m 0.20% Added +12.0k +12,030
93 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 15,15315.2k $1.7m $1.7m 0.01% Reduced -137 -137
94 Cooper Financial Group 0.46% of their portfolio IRVINE, CA 14,92714.9k $1.7m $1.7m 0.46% Reduced -1.2k -1,250
95 CLIENT 1ST ADVISORY GROUP, LLC 0.91% of their portfolio DUNEDIN, FL 14,71714.7k $1.7m $1.7m 0.91% Reduced -135 -135
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,71114.7k $1.7m $1.7m 0.00% Reduced -18.6k -18,636
97 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,54814.5k $1.7m $1.7m 0.00% Reduced -623 -623
98 VICUS CAPITAL 0.18% of their portfolio STATE COLLEGE, PA 14,48414.5k $1.7m $1.7m 0.18% Reduced -886 -886
99 WHALEROCK POINT PARTNERS, LLC 0.60% of their portfolio West Palm Beach, FL 14,18714.2k $1.6m $1.6m 0.60% Reduced -603 -603
100 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 14,12114.1k $1.6m $1.6m 0.03% Reduced -779 -779