Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

420 institutional holders +48 vs Q3 2023
13,421,51313.4m shares reported held*
$1.9bnreported value*
61 new 133 added 118 reduced 33 sold out net bought ≈ $62.6m (+436.2k 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 ($130.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $143.70. Options: 2 managers hold calls ($8.8m notional), 1 hold puts ($215.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 299Q4 22: 324Q1 23: 335Q2 23: 374Q3 23: 372Q4 23: 420420Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420

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 23Q4 23: 194 bought or addedQ4 23: 151 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149
Q3 2023136182
Q4 2023194151

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 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 0.03Q4 23 calls: $8.8mQ4 23 puts: $215.5kQ4 23P/C 0.02
Numbers
QuarterCallsPutsP/C
Q1 2023$3.0m$57.0k0.02
Q2 2023$2.0m$92.4k0.05
Q3 2023$1.7m$49.2k0.03
Q4 2023$8.8m$215.5k0.02

Biggest buyers

MORGAN STANLEY Added +267,305+267.3k
JPMORGAN CHASE & CO Added +135,738+135.7k
SteelPeak Wealth, LLC New +66,399+66.4k
ENVESTNET ASSET MANAGEMENT INC Added +59,879+59.9k
Lido Advisors, LLC Added +57,048+57.0k
TWO SIGMA INVESTMENTS, LP New +55,900+55.9k
Crumly & Associates Inc. Added +48,485+48.5k
AGF MANAGEMENT LTD Added +43,917+43.9k
PERSONAL CFO SOLUTIONS, LLC Added +32,669+32.7k
Cambridge Investment Research Advisors, Inc. Added +30,245+30.2k

Biggest sellers

Full Sail Capital, LLC Reduced -199,874-199.9k
Connectus Wealth, LLC Reduced -100,435-100.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -49,109-49.1k
CANTOR FITZGERALD, L. P. Sold out -38,189-38.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -33,645-33.6k
OSAIC HOLDINGS, INC. Reduced -29,085-29.1k
GOLDMAN SACHS GROUP INC Sold out -28,125-28.1k
Orion Porfolio Solutions, LLC Reduced -26,127-26.1k
Orion Portfolio Solutions, LLC Reduced -26,127-26.1k
MARSHALL WACE, LLP Sold out -22,946-22.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.8m61.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $215.5k1.5k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio SAN FRANCISCO, CA 3,327,9723.3m $478.0m $478.0m 0.12% Reduced -49.1k -49,109
2 Lido Advisors, LLC 2.44% of their portfolio Los Angeles, CA 1,709,6511.7m $245.6m $245.6m 2.44% Added +57.0k +57,048
3 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 808,709808.7k $116.2m $116.2m 0.21% Reduced -18.9k -18,909
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 486,998487.0k $70.0m $70.0m 0.00% Added +267.3k +267,305
5 Full Sail Capital, LLC 4.74% of their portfolio OKLAHOMA CITY, OK 434,486434.5k $62.4m $62.4m 4.74% Reduced -199.9k -199,874
6 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 419,820419.8k $60.3m $60.3m 0.02% Added +59.9k +59,879
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 255,312255.3k $36.7m $36.7m 0.00% Added +135.7k +135,738
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 250,052250.1k $35.9m $35.9m 0.02% Added +19.6k +19,610
9 Portfolio Strategies, Inc. 5.87% of their portfolio MONTVALE, NJ 244,808244.8k $35.3m $35.3m 5.87% Reduced -3.0k -2,987
10 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 196,291196.3k $28.2m $28.2m 0.12% Added +30.2k +30,245
11 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 168,960169.0k $24.3m $24.3m 0.04% Reduced -29.1k -29,085
12 AGF MANAGEMENT LTD 0.13% of their portfolio TORONTO, A6 148,174148.2k $21.3m $21.3m 0.13% Added +43.9k +43,917
13 FMR LLC 0.00% of their portfolio BOSTON, MA 122,898122.9k $17.7m $17.7m 0.00% Added +10.5k +10,495
14 VICUS CAPITAL 1.73% of their portfolio STATE COLLEGE, PA 119,029119.0k $17.1m $17.1m 1.73% Reduced -17.5k -17,454
15 Advisory Services Network, LLC 0.41% of their portfolio ATLANTA, GA 116,848116.8k $16.8m $16.8m 0.41% Added +6.1k +6,098
16 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 114,482114.5k $16.4m $16.4m 0.02% Reduced -2.0k -1,961
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 112,293112.3k $16.1m $16.1m 0.02% Reduced -17.3k -17,330
18 Financial Partners Group, Inc 2.88% of their portfolio Overland Park, KS 111,753111.8k $16.1m $16.1m 2.88% Reduced -418 -418
19 Harel Insurance Investments & Financial Services Ltd. 0.26% of their portfolio Ramat Gan, L3 104,900104.9k $15.1m $15.1m 0.26% Unchanged
20 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 102,381102.4k $14.7m $14.7m 0.12% Added +18.2k +18,183
21 Halpern Financial, Inc. 4.12% of their portfolio ASHBURN, VA 96,00396.0k $13.3m $13.3m 4.12% Reduced -1.5k -1,532
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 93,91093.9k $13.5m $13.5m 0.00% Added +18.3k +18,272
23 Freedom Investment Management, Inc. 1.02% of their portfolio SOUTH WINDSOR, CT 87,05687.1k $12.5m $12.5m 1.02% Reduced -16.5k -16,504
24 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 84,33484.3k $12.1m $12.1m 0.15% Added +11.5k +11,482
25 Kraft, Davis & Associates, LLC 3.55% of their portfolio St. Louis, MO 79,02279.0k $11.8m $11.8m 3.55% Added +1.6k +1,592
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 78,65178.7k $11.3m $11.3m 0.00% Added +1.6k +1,556
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 75,86475.9k $10.9m $10.9m 0.00% Reduced -2.4k -2,356
28 PFG Advisors 0.87% of their portfolio Phoenix, AZ 74,88474.9k $10.8m $10.8m 0.87% Added +1.0k +1,009
29 Crumly & Associates Inc. 3.04% of their portfolio SPRINGFIELD, IL 72,79072.8k $10.5m $10.5m 3.04% Added +48.5k +48,485
30 SteelPeak Wealth, LLC 0.56% of their portfolio WOODLAND HILLS, CA 66,39966.4k $9.5m $9.5m 0.56% New
31 RWA WEALTH PARTNERS, LLC 0.13% of their portfolio BOSTON, MA 64,65964.7k $9.3m $9.3m 0.13% Reduced -361 -361
32 Armor Investment Advisors, LLC 4.90% of their portfolio RALEIGH, NC 64,56664.6k $9.3m $9.3m 4.90% Added +261 +261
33 King Wealth Management Group 1.72% of their portfolio SARATOGA SPRINGS, NY 61,88261.9k $8.9m $8.9m 1.72% Reduced -4.0k -4,034
34 Eaton Financial Holdings Company, LLC 2.10% of their portfolio Coral Springs, FL 60,27160.3k $8.7m $8.7m 2.10% Added +2.1k +2,141
35 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 55,90055.9k $8.0m $8.0m 0.02% New
36 Mowery & Schoenfeld Wealth Management, LLC 15.56% of their portfolio LINCOLNSHIRE, IL 53,61053.6k $7.7m $7.7m 15.56% First filing
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 52,52652.5k $7.6m $7.6m 0.00% Added +2.7k +2,725
38 Mariner, LLC 0.02% of their portfolio Overland Park, KS 51,88751.9k $7.5m $7.5m 0.02% Added +13.7k +13,670
39 ATLAS CAPITAL ADVISORS INC. 1.04% of their portfolio JACKSON, WY 50,19550.2k $7.2m $7.2m 1.04% Reduced -235 -235
40 Lifeworks Advisors, LLC 2.46% of their portfolio GRAND RAPIDS, MI 49,66749.7k $7.1m $7.1m 2.46% Added +788 +788
41 Smith Salley Wealth Management 0.45% of their portfolio GREENSBORO, NC 48,89048.9k $7.0m $7.0m 0.45% Reduced -301 -301
42 Connectus Wealth, LLC 0.14% of their portfolio CINCINNATI, OH 48,26748.3k $6.9m $6.9m 0.14% Reduced -100.4k -100,435
43 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 45,90445.9k $6.6m $6.6m 0.03% Reduced -10.9k -10,918
44 Exchange Capital Management, Inc. 1.16% of their portfolio Ann Arbor, MI 45,17745.2k $6.5m $6.5m 1.16% Reduced -1.4k -1,362
45 AVAII WEALTH MANAGEMENT, LLC 4.02% of their portfolio APPLETON, WI 42,87542.9k $6.2m $6.2m 4.02% Added +6.5k +6,468
46 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 42,00642.0k $6.3m $6.3m 0.03% Added +12.9k +12,892
47 Traynor Capital Management, Inc. 0.70% of their portfolio MALVERN, PA 41,91141.9k $6.0m $6.0m 0.70% Reduced -5.1k -5,121
48 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 41,37841.4k $5.9m $5.9m 0.05% Added +26.0k +25,997
49 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 40,98041.0k $5.9m $5.9m 0.06% Added +8.6k +8,582
50 Snowden Capital Advisors LLC 0.21% of their portfolio New York, NY 38,22438.2k $5.5m $5.5m 0.21% Added +817 +817
51 J.W. COLE ADVISORS, INC. 0.31% of their portfolio TAMPA, FL 36,94736.9k $5.3m $5.3m 0.31% Added +9.2k +9,158
52 PERSONAL CFO SOLUTIONS, LLC 0.91% of their portfolio CHESTER, NJ 36,43836.4k $5.2m $5.2m 0.91% Added +32.7k +32,669
53 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 36,09336.1k $5.2m $5.2m 0.01% Reduced -2.4k -2,400
54 PRIMORIS WEALTH ADVISORS, LLC 4.64% of their portfolio North Palm Beach, FL 34,26934.3k $4.9m $4.9m 4.64% Added +24.2k +24,155
55 SOUTHERN CAPITAL ADVISORS, LLC 3.41% of their portfolio Jackson, TN 33,39633.4k $4.8m $4.8m 3.41% Added +9.7k +9,695
56 NorthLanding Financial Partners, LLC 5.60% of their portfolio ROCHESTER, NY 32,93732.9k $4.7m $4.7m 5.60% Reduced -3.9k -3,867
57 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 32,54932.5k $4.7m $4.7m 0.01% Reduced -2.4k -2,401
58 Stonebrook Private Inc. 1.56% of their portfolio NORTHVILLE, MI 32,54032.5k $4.7m $4.7m 1.56% First filing
59 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 31,45431.5k $4.5m $4.5m 0.01% Reduced -1.1k -1,074
60 PGIM Custom Harvest LLC 0.13% of their portfolio NEWARK, NJ 29,85029.9k $4.3m $4.3m 0.13% Reduced -7.7k -7,744
61 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 29,83629.8k $4.3m $4.3m 0.03% Reduced -4.7k -4,713
62 TBH Global Asset Management, LLC 0.86% of their portfolio Brentwood, TN 29,36229.4k $4.2m $4.2m 0.86% Reduced -8.9k -8,867
63 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 28,47128.5k $4.1m $4.1m 0.08% Reduced -2.9k -2,898
64 Financial Perspectives, Inc 1.62% of their portfolio MINNEAPOLIS, MN 27,86427.9k $4.0m $4.0m 1.62% Added +8 +8
65 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 27,83227.8k $4.0m $4.0m 0.02% Added +7.9k +7,942
66 Beaumont Financial Advisors, LLC 0.36% of their portfolio NEEDHAM, MA 27,64927.6k $4.0m $4.0m 0.36% Reduced -12.2k -12,189
67 Yoder Wealth Management, Inc. 2.79% of their portfolio WALNUT CREEK, CA 27,56527.6k $4.0m $4.0m 2.79% Added +1.3k +1,259
68 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 26,52026.5k $3.8m $3.8m 0.01% Reduced -670 -670
69 Court Place Advisors, LLC 1.25% of their portfolio ELLICOTT CITY, MD 26,46926.5k $3.8m $3.8m 1.25% Added +1.8k +1,848
70 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 25,69225.7k $3.7m $3.7m 0.12% Added +878 +878
71 Mokosak Advisory Group, LLC 1.32% of their portfolio URBANDALE, IA 25,67025.7k $3.7m $3.7m 1.32% Reduced -972 -972
72 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.71% of their portfolio CONCORD, MA 25,29025.3k $3.6m $3.6m 0.71% Added +1.4k +1,366
73 MGO ONE SEVEN LLC 0.20% of their portfolio Beachwood, OH 23,44123.4k $3.4m $3.4m 0.20% New
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,09623.1k $3.3m $3.3m 0.00% Added +7.5k +7,512
75 Heck Capital Advisors, LLC 0.53% of their portfolio Rhinelander, WI 22,71422.7k $3.3m $3.3m 0.53% Added +8.4k +8,398
76 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 20,44420.4k $2.9m $2.9m 0.07% Added +336 +336
77 Chicago Partners Investment Group LLC 0.14% of their portfolio CHICAGO, IL 20,36720.4k $3.1m $3.1m 0.14% Added +1.1k +1,123
78 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 19,96920.0k $2.9m $2.9m 0.00% Added +165 +165
79 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 19,81719.8k $2.8m $2.8m 0.01% Added +13.1k +13,064
80 LYNCH & ASSOCIATES/IN 0.68% of their portfolio EVANSVILLE, IN 19,61319.6k $2.8m $2.8m 0.68% Added +1.3k +1,252
81 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 19,37119.4k $2.8m $2.8m 0.04% Added +7.6k +7,611
82 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 19,10019.1k $2.7m $2.7m 0.00% New
83 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 18,62118.6k $2.7m $2.7m 0.03% Added +2.3k +2,278
84 NAVELLIER & ASSOCIATES INC 0.40% of their portfolio Reno, NV 18,60018.6k $2.7m $2.7m 0.40% Unchanged
85 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 18,02518.0k $2.6m $2.6m 0.00% Reduced -1.5k -1,546
86 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 17,97518.0k $2.6m $2.6m 0.01% Added +1.7k +1,717
87 Cetera Advisors LLC 0.04% of their portfolio DENVER, CO 17,77817.8k $2.6m $2.6m 0.04% Added +4.7k +4,735
88 BRIGHTON JONES LLC 0.11% of their portfolio SEATTLE, WA 17,41717.4k $2.5m $2.5m 0.11% Added +42 +42
89 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 17,32417.3k $2.5m $2.5m 0.04% Added +5.5k +5,490
90 VCI Wealth Management LLC 1.51% of their portfolio ST LOUIS, MO 17,24517.2k $2.5m $2.5m 1.51% First filing
91 Eley Financial Management, Inc 1.16% of their portfolio SOUTH BURLINGTON, VT 17,21117.2k $2.5m $2.5m 1.16% Reduced -39 -39
92 Anchor Investment Management, LLC 0.28% of their portfolio COLUMBIA, SC 17,16417.2k $2.5m $2.5m 0.28% Unchanged
93 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 17,09517.1k $2.5m $2.5m 0.01% Reduced -411 -411
94 Curi Capital, LLC 0.07% of their portfolio CHICAGO, IL 16,75116.8k $2.4m $2.4m 0.07% Reduced -182 -182
95 Ancora Advisors LLC 0.06% of their portfolio Cleveland, OH 16,60516.6k $2.4m $2.4m 0.06% Reduced -225 -225
96 EPG Wealth Management LLC 0.65% of their portfolio ATLANTA, GA 16,47616.5k $2.5m $2.5m 0.65% Reduced -6.2k -6,151
97 CoreCap Advisors, LLC 0.15% of their portfolio SOUTHFIELD, MI 16,19316.2k $2.3m $2.3m 0.15% Added +13.9k +13,938
98 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 15,28215.3k $2.2m $2.2m 0.01% Unchanged
99 Maltin Wealth Management, Inc. 1.39% of their portfolio RIDGEWOOD, NJ 15,22615.2k $2.2m $2.2m 1.39% Reduced -883 -883
100 Ameritas Advisory Services, LLC 0.12% of their portfolio Lincoln, NE 14,73314.7k $2.2m $2.2m 0.12% Added +1.4k +1,431