Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

372 institutional holders -2 vs Q2 2023
12,819,13212.8m shares reported held*
$1.6bnreported value*
32 new 104 added 145 reduced 37 sold out net sold ≈ $32.3m (-933.4k 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 ($425.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $122.99. Options: 3 managers hold calls ($1.7m notional), 1 hold puts ($49.2k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 299Q4 22: 324Q1 23: 335Q2 23: 374Q3 23: 372372Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372

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 23Q3 23: 136 bought or addedQ3 23: 182 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149
Q3 2023136182

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 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 0.05Q3 23 calls: $1.7mQ3 23 puts: $49.2kQ3 23P/C 0.03
Numbers
QuarterCallsPutsP/C
Q4 2022$2.0m$293.0k0.14
Q1 2023$3.0m$57.0k0.02
Q2 2023$2.0m$92.4k0.05
Q3 2023$1.7m$49.2k0.03

Biggest buyers

Lido Advisors, LLC Added +141,104+141.1k
Harel Insurance Investments & Financial Services Ltd. New +104,900+104.9k
Eaton Financial Holdings Company, LLC New +58,130+58.1k
Cambridge Investment Research Advisors, Inc. Added +37,658+37.7k
AGF MANAGEMENT LTD Added +29,652+29.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +28,673+28.7k
MARSHALL WACE, LLP New +22,946+22.9k
Connectus Wealth, LLC Added +22,019+22.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +20,772+20.8k
Kestra Advisory Services, LLC Added +20,412+20.4k

Biggest sellers

TRAPHAGEN INVESTMENT ADVISORS LLC Reduced -852,752-852.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -85,488-85.5k
Prostatis Group LLC Sold out -82,705-82.7k
RAYMOND JAMES & ASSOCIATES Reduced -53,245-53.2k
Aptus Capital Advisors, LLC Reduced -43,300-43.3k
RWA WEALTH PARTNERS, LLC Reduced -32,423-32.4k
Sanctuary Wealth Management, L.L.C. Sold out -31,591-31.6k
Raymond James Financial Services Advisors, Inc. Reduced -28,642-28.6k
UBS Group AG Reduced -28,174-28.2k
Sowell Financial Services LLC Sold out -24,943-24.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m10.7k shares
Belvedere Trading LLC Added $356.5k2.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC Reduced $49.2k400 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio SAN FRANCISCO, CA 3,377,0813.4m $415.1m $415.1m 0.12% Added +28.7k +28,673
2 Lido Advisors, LLC 2.28% of their portfolio Los Angeles, CA 1,652,6031.7m $203.2m $203.2m 2.28% Added +141.1k +141,104
3 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 827,618827.6k $101.7m $101.7m 0.21% Added +10.6k +10,598
4 Full Sail Capital, LLC 6.77% of their portfolio OKLAHOMA CITY, OK 634,360634.4k $78.0m $78.0m 6.77% Reduced -3.6k -3,593
5 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 359,941359.9k $44.2m $44.2m 0.02% Reduced -85.5k -85,488
6 Portfolio Strategies, Inc. 5.87% of their portfolio MONTVALE, NJ 247,795247.8k $30.5m $30.5m 5.87% Reduced -964 -964
7 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 230,442230.4k $28.3m $28.3m 0.02% Added +8.2k +8,219
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 219,693219.7k $27.0m $27.0m 0.00% Added +15.2k +15,245
9 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 198,045198.0k $24.4m $24.4m 0.04% Reduced -23.7k -23,709
10 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 166,046166.0k $20.4m $20.4m 0.10% Added +37.7k +37,658
11 Connectus Wealth, LLC 0.41% of their portfolio CINCINNATI, OH 148,702148.7k $18.3m $18.3m 0.41% Added +22.0k +22,019
12 VICUS CAPITAL 1.76% of their portfolio STATE COLLEGE, PA 136,483136.5k $16.8m $16.8m 1.76% Reduced -129 -129
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 129,623129.6k $15.9m $15.9m 0.02% Reduced -13.1k -13,100
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 119,574119.6k $14.7m $14.7m 0.00% Added +14.0k +14,013
15 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 116,443116.4k $14.3m $14.3m 0.02% Added +272 +272
16 FMR LLC 0.00% of their portfolio BOSTON, MA 112,403112.4k $13.8m $13.8m 0.00% Added +4.1k +4,083
17 Financial Partners Group, Inc 2.99% of their portfolio Overland Park, KS 112,171112.2k $14.5m $14.5m 2.99% Reduced -2.2k -2,168
18 Advisory Services Network, LLC 0.37% of their portfolio ATLANTA, GA 110,750110.8k $13.6m $13.6m 0.37% Reduced -2.3k -2,307
19 Harel Insurance Investments & Financial Services Ltd. 0.25% of their portfolio Ramat Gan, L3 104,900104.9k $12.9m $12.9m 0.25% New
20 AGF MANAGEMENT LTD 0.09% of their portfolio TORONTO, A6 104,257104.3k $12.8m $12.8m 0.09% Added +29.7k +29,652
21 Freedom Investment Management, Inc. 1.56% of their portfolio SOUTH WINDSOR, CT 103,560103.6k $12.7m $12.7m 1.56% Added +6.9k +6,916
22 Halpern Financial, Inc. 4.14% of their portfolio ASHBURN, VA 97,53597.5k $12.0m $12.0m 4.14% Reduced -1.1k -1,145
23 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 84,19884.2k $10.4m $10.4m 0.10% Added +20.4k +20,412
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 78,22078.2k $9.6m $9.6m 0.00% Reduced -28.2k -28,174
25 Kraft, Davis & Associates, LLC 3.54% of their portfolio St. Louis, MO 77,43077.4k $9.4m $9.4m 3.54% Added +42 +42
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 77,09577.1k $9.5m $9.5m 0.00% Reduced -229 -229
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 75,63875.6k $9.3m $9.3m 0.00% Added +1.4k +1,355
28 PFG Advisors 0.82% of their portfolio Phoenix, AZ 73,87573.9k $9.1m $9.1m 0.82% Added +7.6k +7,595
29 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 72,85272.9k $9.0m $9.0m 0.13% Reduced -3.6k -3,606
30 King Wealth Management Group 1.71% of their portfolio SARATOGA SPRINGS, NY 65,91665.9k $8.1m $8.1m 1.71% Reduced -1.5k -1,492
31 RWA WEALTH PARTNERS, LLC 0.17% of their portfolio BOSTON, MA 65,02065.0k $8.0m $8.0m 0.17% Reduced -32.4k -32,423
32 Armor Investment Advisors, LLC 4.69% of their portfolio RALEIGH, NC 64,30564.3k $7.9m $7.9m 4.69% Reduced -1.2k -1,179
33 Eaton Financial Holdings Company, LLC 1.91% of their portfolio Coral Springs, FL 58,13058.1k $7.1m $7.1m 1.91% New
34 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 56,82256.8k $7.0m $7.0m 0.04% Added +523 +523
35 ATLAS CAPITAL ADVISORS INC. 1.02% of their portfolio JACKSON, WY 50,43050.4k $6.2m $6.2m 1.02% Added +3.1k +3,136
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 49,80149.8k $6.1m $6.1m 0.00% Reduced -20.2k -20,207
37 Smith Salley Wealth Management 0.45% of their portfolio GREENSBORO, NC 49,19149.2k $6.0m $6.0m 0.45% Reduced -208 -208
38 Lifeworks Advisors, LLC 2.34% of their portfolio GRAND RAPIDS, MI 48,87948.9k $6.0m $6.0m 2.34% Reduced -2.6k -2,552
39 Traynor Capital Management, Inc. 0.77% of their portfolio MALVERN, PA 47,03247.0k $5.8m $5.8m 0.77% Added +1.2k +1,234
40 Exchange Capital Management, Inc. 1.08% of their portfolio Ann Arbor, MI 46,53946.5k $5.7m $5.7m 1.08% Reduced -599 -599
41 Beaumont Financial Advisors, LLC 0.49% of their portfolio NEEDHAM, MA 39,83839.8k $4.9m $4.9m 0.49% Reduced -247 -247
42 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 38,49338.5k $4.7m $4.7m 0.01% Reduced -4.7k -4,650
43 TBH Global Asset Management, LLC 0.90% of their portfolio Brentwood, TN 38,22938.2k $4.7m $4.7m 0.90% Reduced -507 -507
44 Mariner, LLC 0.01% of their portfolio Overland Park, KS 38,21738.2k $4.7m $4.7m 0.01% Reduced -2.1k -2,150
45 CANTOR FITZGERALD, L. P. 0.13% of their portfolio NEW YORK, NY 38,18938.2k $4.7m $4.7m 0.13% Reduced -14.7k -14,731
46 PGIM Custom Harvest LLC 0.17% of their portfolio NEWARK, NJ 37,59437.6k $4.6m $4.6m 0.17% Reduced -13.7k -13,718
47 Snowden Capital Advisors LLC 0.20% of their portfolio New York, NY 37,40737.4k $4.6m $4.6m 0.20% Reduced -1.4k -1,432
48 NorthLanding Financial Partners, LLC 5.80% of their portfolio ROCHESTER, NY 36,80436.8k $4.5m $4.5m 5.80% Added +1.8k +1,780
49 AVAII WEALTH MANAGEMENT, LLC 3.39% of their portfolio APPLETON, WI 36,40736.4k $4.5m $4.5m 3.39% Added +3.7k +3,679
50 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 36,16936.2k $4.4m $4.4m 0.05% Reduced -22.3k -22,311
51 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 36,16936.2k $4.4m $4.4m 0.05% Reduced -22.3k -22,311
52 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 34,95035.0k $4.3m $4.3m 0.01% Added +1.8k +1,817
53 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 34,54934.5k $4.2m $4.2m 0.04% Reduced -6.8k -6,842
54 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 33,64533.6k $4.1m $4.1m 0.01% Added +20.8k +20,772
55 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 32,52832.5k $4.0m $4.0m 0.01% Reduced -28.6k -28,642
56 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 32,39832.4k $4.0m $4.0m 0.04% Added +1.8k +1,845
57 Brookstone Capital Management 0.09% of their portfolio WHEATON, IL 31,36931.4k $3.9m $3.9m 0.09% Reduced -4.2k -4,240
58 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 29,11429.1k $3.6m $3.6m 0.02% Reduced -2.4k -2,414
59 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 28,12528.1k $3.5m $3.5m 0.00% Reduced -250 -250
60 Sigma Planning Corp 0.13% of their portfolio ANN ARBOR, MI 28,08728.1k $3.5m $3.5m 0.13% Added +2.7k +2,663
61 Financial Perspectives, Inc 1.57% of their portfolio MINNEAPOLIS, MN 27,85627.9k $3.4m $3.4m 1.57% Added +4 +4
62 J.W. COLE ADVISORS, INC. 0.25% of their portfolio TAMPA, FL 27,78927.8k $3.4m $3.4m 0.25% Reduced -3.0k -2,990
63 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 27,19027.2k $3.3m $3.3m 0.01% Added +14.9k +14,930
64 Mokosak Advisory Group, LLC 1.33% of their portfolio URBANDALE, IA 26,64226.6k $3.3m $3.3m 1.33% Reduced -1.3k -1,329
65 Yoder Wealth Management, Inc. 2.67% of their portfolio WALNUT CREEK, CA 26,30626.3k $3.2m $3.2m 2.67% Added +391 +391
66 Soltis Investment Advisors LLC 0.40% of their portfolio ST. GEORGE, UT 25,06225.1k $3.1m $3.1m 0.40% Reduced -3.7k -3,747
67 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 24,96125.0k $3.1m $3.1m 0.01% Added +10.1k +10,073
68 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 24,81424.8k $3.1m $3.1m 0.12% Added +1.0k +1,044
69 Court Place Advisors, LLC 1.08% of their portfolio ELLICOTT CITY, MD 24,62124.6k $3.0m $3.0m 1.08% Reduced -218 -218
70 Crumly & Associates Inc. 1.17% of their portfolio SPRINGFIELD, IL 24,30524.3k $3.0m $3.0m 1.17% Added +3.0k +3,019
71 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.71% of their portfolio CONCORD, MA 23,92423.9k $2.9m $2.9m 0.71% Added +14.2k +14,219
72 SOUTHERN CAPITAL ADVISORS, LLC 2.42% of their portfolio Jackson, TN 23,70123.7k $2.9m $2.9m 2.42% Reduced -2.9k -2,914
73 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 22,94622.9k $2.8m $2.8m 0.01% New
74 EPG Wealth Management LLC 0.84% of their portfolio ATLANTA, GA 22,62722.6k $2.8m $2.8m 0.84% Reduced -54 -54
75 KCM INVESTMENT ADVISORS LLC 0.11% of their portfolio GREENBRAE, CA 20,30020.3k $2.5m $2.5m 0.11% Reduced -426 -426
76 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 20,10820.1k $2.5m $2.5m 0.08% Added +1.0k +1,044
77 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 19,89019.9k $2.4m $2.4m 0.02% Reduced -9.8k -9,767
78 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 19,80419.8k $2.4m $2.4m 0.00% Reduced -53.2k -53,245
79 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,57119.6k $2.4m $2.4m 0.00% Reduced -1.5k -1,464
80 Chicago Partners Investment Group LLC 0.13% of their portfolio CHICAGO, IL 19,24419.2k $2.3m $2.3m 0.13% Reduced -4.2k -4,218
81 NAVELLIER & ASSOCIATES INC 0.39% of their portfolio Reno, NV 18,60018.6k $2.3m $2.3m 0.39% Unchanged
82 LYNCH & ASSOCIATES/IN 0.60% of their portfolio EVANSVILLE, IN 18,36118.4k $2.3m $2.3m 0.60% Added +874 +874
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 17,50617.5k $2.2m $2.2m 0.01% Added +13.7k +13,682
84 BRIGHTON JONES LLC 0.11% of their portfolio SEATTLE, WA 17,37517.4k $2.1m $2.1m 0.11% Added +345 +345
85 Eley Financial Management, Inc 1.08% of their portfolio SOUTH BURLINGTON, VT 17,25017.2k $2.1m $2.1m 1.08% Reduced -1.1k -1,056
86 Anchor Investment Management, LLC 0.28% of their portfolio COLUMBIA, SC 17,16417.2k $2.1m $2.1m 0.28% Reduced -534 -534
87 Curi Capital, LLC 0.07% of their portfolio CHICAGO, IL 16,93316.9k $2.1m $2.1m 0.07% Unchanged
88 Ancora Advisors LLC 0.06% of their portfolio Cleveland, OH 16,83016.8k $2.1m $2.1m 0.06% Reduced -1.5k -1,546
89 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 16,34316.3k $2.0m $2.0m 0.03% Added +8.6k +8,586
90 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 16,25816.3k $2.0m $2.0m 0.00% Reduced -705 -705
91 Maltin Wealth Management, Inc. 1.38% of their portfolio RIDGEWOOD, NJ 16,10916.1k $2.0m $2.0m 1.38% Reduced -327 -327
92 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,58415.6k $1.9m $1.9m 0.00% Reduced -9.3k -9,323
93 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 15,38115.4k $1.9m $1.9m 0.02% Reduced -19.5k -19,531
94 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 15,28215.3k $1.9m $1.9m 0.01% Reduced -1.2k -1,158
95 SVB WEALTH LLC 0.04% of their portfolio BOSTON, MA 15,22715.2k $1.9m $1.9m 0.04% Reduced -564 -564
96 Cooper Financial Group 0.43% of their portfolio IRVINE, CA 14,55914.6k $1.8m $1.8m 0.43% Reduced -54 -54
97 Heck Capital Advisors, LLC 0.33% of their portfolio Rhinelander, WI 14,31614.3k $1.8m $1.8m 0.33% Reduced -2.0k -2,000
98 WHALEROCK POINT PARTNERS, LLC 0.60% of their portfolio West Palm Beach, FL 14,06914.1k $1.7m $1.7m 0.60% Added +1 +1
99 Ameritas Advisory Services, LLC 0.08% of their portfolio Lincoln, NE 13,30213.3k $1.6m $1.6m 0.08% Added +7.2k +7,169
100 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 13,04313.0k $1.6m $1.6m 0.03% Added +6.2k +6,195