Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

374 institutional holders +39 vs Q1 2023
13,749,50313.7m shares reported held*
$1.7bnreported value*
65 new 118 added 116 reduced 33 sold out net bought ≈ $225.8m (+2.4m 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 ($106.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $124.24. Options: 3 managers hold calls ($2.0m notional), 2 hold puts ($92.4k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 299Q4 22: 324Q1 23: 335Q2 23: 374374Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374

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 23Q2 23: 183 bought or addedQ2 23: 149 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149

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 0.02Q2 23 calls: $2.0mQ2 23 puts: $92.4kQ2 23P/C 0.05
Numbers
QuarterCallsPutsP/C
Q3 2022$2.2m$374.0k0.17
Q4 2022$2.0m$293.0k0.14
Q1 2023$3.0m$57.0k0.02
Q2 2023$2.0m$92.4k0.05

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,070,448+1.1m
TRAPHAGEN INVESTMENT ADVISORS LLC Added +803,672+803.7k
ENVESTNET ASSET MANAGEMENT INC Added +131,103+131.1k
VICUS CAPITAL Added +122,128+122.1k
Prostatis Group LLC New +82,705+82.7k
Freedom Investment Management, Inc. Added +81,401+81.4k
OSAIC HOLDINGS, INC. Added +48,923+48.9k
Aptus Capital Advisors, LLC New +43,408+43.4k
JPMORGAN CHASE & CO Added +42,206+42.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +41,243+41.2k

Biggest sellers

Harel Insurance Investments & Financial Services Ltd. Sold out -104,900-104.9k
FMR LLC Reduced -92,362-92.4k
Full Sail Capital, LLC Reduced -68,112-68.1k
WELLS FARGO & COMPANY/MN Reduced -54,025-54.0k
Cornerstone Wealth Group, LLC Sold out -37,669-37.7k
Rehmann Capital Advisory Group Reduced -32,310-32.3k
Atria Wealth Solutions, Inc. Reduced -25,274-25.3k
Lido Advisors, LLC Reduced -17,762-17.8k
NorthLanding Financial Partners, LLC Reduced -16,999-17.0k
JANE STREET GROUP, LLC Sold out -16,580-16.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m13.0k shares
Belvedere Trading LLC Reduced $261.3k2.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC Added $91.4k700 shares
Cutler Group LLC / CA New $1.0k1.4k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio SAN FRANCISCO, CA 3,348,4083.3m $437.4m $437.4m 0.12% Added +1.1m +1,070,448
2 Lido Advisors, LLC 2.24% of their portfolio Los Angeles, CA 1,511,4991.5m $197.5m $197.5m 2.24% Reduced -17.8k -17,762
3 TRAPHAGEN INVESTMENT ADVISORS LLC 4.72% of their portfolio ORADELL, NJ 859,734859.7k $36.3m $36.3m 4.72% Added +803.7k +803,672
4 COMMONWEALTH EQUITY SERVICES, LLC 0.22% of their portfolio WALTHAM, MA 817,020817.0k $106.7m $106.7m 0.22% Added +31.4k +31,430
5 Full Sail Capital, LLC 7.11% of their portfolio OKLAHOMA CITY, OK 637,953638.0k $83.3m $83.3m 7.11% Reduced -68.1k -68,112
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 445,429445.4k $58.2m $58.2m 0.03% Added +131.1k +131,103
7 Portfolio Strategies, Inc. 5.87% of their portfolio MONTVALE, NJ 248,759248.8k $32.5m $32.5m 5.87% Reduced -2.7k -2,681
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 222,223222.2k $29.0m $29.0m 0.02% Added +8.7k +8,674
9 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 221,754221.8k $28.9m $28.9m 0.05% Added +48.9k +48,923
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 204,448204.4k $26.7m $26.7m 0.00% Added +37.5k +37,539
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 142,723142.7k $18.6m $18.6m 0.02% Added +41.2k +41,243
12 VICUS CAPITAL 1.86% of their portfolio STATE COLLEGE, PA 136,612136.6k $17.8m $17.8m 1.86% Added +122.1k +122,128
13 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 128,388128.4k $16.8m $16.8m 0.08% Added +9.6k +9,581
14 Connectus Wealth, LLC 0.38% of their portfolio CINCINNATI, OH 126,683126.7k $16.6m $16.6m 0.38% Added +4.3k +4,281
15 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 116,171116.2k $15.2m $15.2m 0.02% Reduced -1.6k -1,596
16 Financial Partners Group, Inc 2.98% of their portfolio Overland Park, KS 114,339114.3k $14.7m $14.7m 2.98% Reduced -13.2k -13,228
17 Advisory Services Network, LLC 0.39% of their portfolio ATLANTA, GA 113,057113.1k $14.8m $14.8m 0.39% Reduced -3.3k -3,281
18 FMR LLC 0.00% of their portfolio BOSTON, MA 108,320108.3k $14.2m $14.2m 0.00% Reduced -92.4k -92,362
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 106,394106.4k $13.9m $13.9m 0.01% Added +30.2k +30,166
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 105,561105.6k $13.8m $13.8m 0.00% Added +42.2k +42,206
21 Halpern Financial, Inc. 4.42% of their portfolio ASHBURN, VA 98,68098.7k $12.9m $12.9m 4.42% Added +485 +485
22 RWA WEALTH PARTNERS, LLC 0.28% of their portfolio BOSTON, MA 97,44397.4k $12.7m $12.7m 0.28% Added +30.8k +30,817
23 Freedom Investment Management, Inc. 1.42% of their portfolio SOUTH WINDSOR, CT 96,64496.6k $12.6m $12.6m 1.42% Added +81.4k +81,401
24 Prostatis Group LLC 0.04% of their portfolio HANOVER, MD 82,70582.7k $82.7k $82.7k 0.04% New
25 Kraft, Davis & Associates, LLC 3.41% of their portfolio St. Louis, MO 77,38877.4k $9.8m $9.8m 3.41% First filing
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 77,32477.3k $10.1m $10.1m 0.00% Reduced -827 -827
27 Atria Wealth Solutions, Inc. 0.14% of their portfolio NEW YORK, NY 76,45876.5k $10.0m $10.0m 0.14% Reduced -25.3k -25,274
28 AGF MANAGEMENT LTD 0.07% of their portfolio TORONTO, A6 74,60574.6k $9.7m $9.7m 0.07% Added +22.4k +22,427
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 74,28374.3k $9.7m $9.7m 0.00% Reduced -54.0k -54,025
30 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 73,04973.0k $9.5m $9.5m 0.01% Added +1.3k +1,279
31 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 70,00870.0k $9.1m $9.1m 0.00% Added +25.1k +25,052
32 King Wealth Management Group 1.78% of their portfolio SARATOGA SPRINGS, NY 67,40867.4k $8.8m $8.8m 1.78% Reduced -2.5k -2,529
33 PFG Advisors 0.66% of their portfolio Phoenix, AZ 66,28066.3k $8.7m $8.7m 0.66% Added +571 +571
34 Armor Investment Advisors, LLC 5.18% of their portfolio RALEIGH, NC 65,48465.5k $8.6m $8.6m 5.18% Reduced -2.7k -2,678
35 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 63,78663.8k $8.3m $8.3m 0.08% Added +5.6k +5,635
36 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 61,17061.2k $8.0m $8.0m 0.01% Reduced -2.5k -2,510
37 Orion Porfolio Solutions, LLC 0.08% of their portfolio OMAHA, NE 58,48058.5k $7.6m $7.6m 0.08% Added +28.0k +27,962
38 Orion Portfolio Solutions, LLC 0.08% of their portfolio Omaha, NE 58,48058.5k $7.6m $7.6m 0.08% Added +28.0k +27,962
39 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 56,29956.3k $7.4m $7.4m 0.04% Added +965 +965
40 CANTOR FITZGERALD, L. P. 0.16% of their portfolio NEW YORK, NY 52,92052.9k $6.9m $6.9m 0.16% Reduced -1.2k -1,217
41 Lifeworks Advisors, LLC 2.86% of their portfolio GRAND RAPIDS, MI 51,43151.4k $6.7m $6.7m 2.86% Reduced -4.4k -4,424
42 PGIM Custom Harvest LLC 0.25% of their portfolio NEWARK, NJ 51,31251.3k $6.7m $6.7m 0.25% Reduced -164 -164
43 Smith Salley Wealth Management 0.48% of their portfolio GREENSBORO, NC 49,39949.4k $6.5m $6.5m 0.48% Reduced -657 -657
44 ATLAS CAPITAL ADVISORS INC. 0.94% of their portfolio JACKSON, WY 47,29447.3k $6.2m $6.2m 0.94% Reduced -9.4k -9,405
45 Exchange Capital Management, Inc. 1.14% of their portfolio Ann Arbor, MI 47,13847.1k $6.2m $6.2m 1.14% Reduced -2.8k -2,826
46 Traynor Capital Management, Inc. 0.77% of their portfolio MALVERN, PA 45,79845.8k $6.0m $6.0m 0.77% Reduced -1.6k -1,569
47 Aptus Capital Advisors, LLC 0.17% of their portfolio FAIRHOPE, AL 43,40843.4k $5.7m $5.7m 0.17% New
48 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 43,14343.1k $5.6m $5.6m 0.01% Added +9.6k +9,642
49 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 41,39141.4k $5.4m $5.4m 0.05% Reduced -986 -986
50 Mariner, LLC 0.01% of their portfolio Overland Park, KS 40,36740.4k $5.3m $5.3m 0.01% Added +5.3k +5,258
51 Beaumont Financial Advisors, LLC 0.48% of their portfolio NEEDHAM, MA 40,08540.1k $5.2m $5.2m 0.48% Added +1.8k +1,833
52 Snowden Capital Advisors LLC 0.18% of their portfolio New York, NY 38,83938.8k $5.1m $5.1m 0.18% Added +2.3k +2,272
53 TBH Global Asset Management, LLC 0.99% of their portfolio Brentwood, TN 38,73638.7k $5.1m $5.1m 0.99% Reduced -556 -556
54 Brookstone Capital Management 0.09% of their portfolio WHEATON, IL 35,60935.6k $4.6m $4.6m 0.09% Reduced -1.1k -1,143
55 NorthLanding Financial Partners, LLC 5.96% of their portfolio ROCHESTER, NY 35,02435.0k $4.6m $4.6m 5.96% Reduced -17.0k -16,999
56 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 34,91234.9k $4.6m $4.6m 0.04% Added +6.0k +6,023
57 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 33,13333.1k $4.3m $4.3m 0.01% Reduced -331 -331
58 AVAII WEALTH MANAGEMENT, LLC 3.28% of their portfolio APPLETON, WI 32,72832.7k $4.3m $4.3m 3.28% New
59 Sanctuary Wealth Management, L.L.C. 4.37% of their portfolio POCATELLO, ID 31,59131.6k $4.1m $4.1m 4.37% First filing
60 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 31,52831.5k $4.1m $4.1m 0.02% Added +8.1k +8,098
61 J.W. COLE ADVISORS, INC. 0.29% of their portfolio TAMPA, FL 30,77930.8k $4.0m $4.0m 0.29% Added +2.6k +2,642
62 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 30,55330.6k $4.0m $4.0m 0.05% Added +3.2k +3,236
63 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 29,65729.7k $3.9m $3.9m 0.03% Added +334 +334
64 Soltis Investment Advisors LLC 0.44% of their portfolio ST. GEORGE, UT 28,80928.8k $3.8m $3.8m 0.44% Reduced -338 -338
65 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 28,37528.4k $3.7m $3.7m 0.00% Added +17.4k +17,378
66 Mokosak Advisory Group, LLC 1.44% of their portfolio URBANDALE, IA 27,97128.0k $3.7m $3.7m 1.44% Added +348 +348
67 Financial Perspectives, Inc 1.60% of their portfolio MINNEAPOLIS, MN 27,85227.9k $3.6m $3.6m 1.60% Added +5 +5
68 SOUTHERN CAPITAL ADVISORS, LLC 2.66% of their portfolio Jackson, TN 26,61526.6k $3.5m $3.5m 2.66% Reduced -32 -32
69 Yoder Wealth Management, Inc. 2.67% of their portfolio WALNUT CREEK, CA 25,91525.9k $3.4m $3.4m 2.67% Added +2.1k +2,074
70 Sigma Planning Corp 0.12% of their portfolio ANN ARBOR, MI 25,42425.4k $3.3m $3.3m 0.12% Reduced -1.8k -1,841
71 Sowell Financial Services LLC 0.18% of their portfolio NORTH LITTLE ROCK, AR 24,94324.9k $3.3m $3.3m 0.18% Added +5.9k +5,946
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,90724.9k $3.3m $3.3m 0.00% Added +10.2k +10,196
73 Court Place Advisors, LLC 1.14% of their portfolio ELLICOTT CITY, MD 24,83924.8k $3.2m $3.2m 1.14% Reduced -30 -30
74 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 23,77023.8k $3.1m $3.1m 0.12% Added +511 +511
75 Chicago Partners Investment Group LLC 0.16% of their portfolio CHICAGO, IL 23,46223.5k $3.1m $3.1m 0.16% Added +5.3k +5,257
76 EPG Wealth Management LLC 0.88% of their portfolio ATLANTA, GA 22,68122.7k $3.0m $3.0m 0.88% Reduced -545 -545
77 Crumly & Associates Inc. 1.11% of their portfolio SPRINGFIELD, IL 21,28621.3k $2.8m $2.8m 1.11% Added +1.7k +1,727
78 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 21,03521.0k $2.7m $2.7m 0.00% Added +6.5k +6,487
79 KCM INVESTMENT ADVISORS LLC 0.11% of their portfolio GREENBRAE, CA 20,72620.7k $2.7m $2.7m 0.11% Reduced -13.0k -13,012
80 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 19,46519.5k $2.5m $2.5m 0.04% Added +801 +801
81 KESTRA PRIVATE WEALTH SERVICES, LLC 0.09% of their portfolio AUSTIN, TX 19,06419.1k $2.5m $2.5m 0.09% Added +836 +836
82 NAVELLIER & ASSOCIATES INC 0.47% of their portfolio Reno, NV 18,60018.6k $2.4m $2.4m 0.47% Unchanged
83 Ancora Advisors LLC 0.06% of their portfolio Cleveland, OH 18,37618.4k $2.4m $2.4m 0.06% Reduced -520 -520
84 Eley Financial Management, Inc 1.16% of their portfolio SOUTH BURLINGTON, VT 18,30618.3k $2.4m $2.4m 1.16% Added +601 +601
85 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 18,01018.0k $1.7m $1.7m 0.04% Added +9.0k +9,037
86 Anchor Investment Management, LLC 0.30% of their portfolio COLUMBIA, SC 17,69817.7k $2.3m $2.3m 0.30% Reduced -982 -982
87 LYNCH & ASSOCIATES/IN 0.58% of their portfolio EVANSVILLE, IN 17,48717.5k $2.3m $2.3m 0.58% Added +1.1k +1,131
88 BRIGHTON JONES LLC 0.11% of their portfolio SEATTLE, WA 17,03017.0k $2.2m $2.2m 0.11% Added +126 +126
89 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 16,96317.0k $2.2m $2.2m 0.01% Reduced -4.4k -4,396
90 Curi Capital, LLC 0.07% of their portfolio CHICAGO, IL 16,93316.9k $2.2m $2.2m 0.07% Added +368 +368
91 Sunbelt Securities, Inc. 0.31% of their portfolio HOUSTON, TX 16,72316.7k $2.2m $2.2m 0.31% Added +4.7k +4,676
92 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 16,44016.4k $2.1m $2.1m 0.01% Reduced -1.2k -1,167
93 Maltin Wealth Management, Inc. 1.52% of their portfolio RIDGEWOOD, NJ 16,43616.4k $2.1m $2.1m 1.52% Unchanged
94 Heck Capital Advisors, LLC 0.37% of their portfolio Rhinelander, WI 16,31616.3k $2.1m $2.1m 0.37% Reduced -1.2k -1,248
95 Birchcreek Wealth Management, LLC 1.46% of their portfolio MIAMI TOWNSHIP, OH 15,99116.0k $2.1m $2.1m 1.46% Reduced -3.7k -3,686
96 SVB WEALTH LLC 0.04% of their portfolio BOSTON, MA 15,79115.8k $2.1m $2.1m 0.04% Reduced -3.7k -3,734
97 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 15,45915.5k $2.0m $2.0m 0.01% Reduced -400 -400
98 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 14,88814.9k $1.9m $1.9m 0.01% Reduced -265 -265
99 CoreCap Advisors, LLC 0.14% of their portfolio SOUTHFIELD, MI 14,74814.7k $1.9m $1.9m 0.14% First filing
100 Cooper Financial Group 0.47% of their portfolio IRVINE, CA 14,61314.6k $1.9m $1.9m 0.47% Reduced -314 -314