Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

429 institutional holders +9 vs Q4 2023
15,176,66215.2m shares reported held*
$2.4bnreported value*
46 new 158 added 129 reduced 38 sold out net bought ≈ $267.8m (+1.7m 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 ($142.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $155.49. Options: 5 managers hold calls ($3.6m notional), 3 hold puts ($1.0m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 299Q4 22: 324Q1 23: 335Q2 23: 374Q3 23: 372Q4 23: 420Q1 24: 429429Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420
Q1 2024429

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 23Q1 24: 204 bought or addedQ1 24: 167 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149
Q3 2023136182
Q4 2023194151
Q1 2024204167

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 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 0.02Q1 24 calls: $3.6mQ1 24 puts: $1.0mQ1 24P/C 0.29
Numbers
QuarterCallsPutsP/C
Q2 2023$2.0m$92.4k0.05
Q3 2023$1.7m$49.2k0.03
Q4 2023$8.8m$215.5k0.02
Q1 2024$3.6m$1.0m0.29

Biggest buyers

CHURCHILL MANAGEMENT Corp New +1,262,154+1.3m
MORGAN STANLEY Added +253,849+253.8k
Connectus Wealth, LLC Added +109,094+109.1k
Lido Advisors, LLC Added +87,057+87.1k
AGF MANAGEMENT LTD Added +74,483+74.5k
Cetera Investment Advisers Added +54,133+54.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +47,685+47.7k
ROYAL BANK OF CANADA Added +46,891+46.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +41,561+41.6k
IFP Advisors, Inc Added +37,359+37.4k

Biggest sellers

Harel Insurance Investments & Financial Services Ltd. Sold out -104,900-104.9k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -101,903-101.9k
SteelPeak Wealth, LLC Sold out -66,399-66.4k
TWO SIGMA INVESTMENTS, LP Sold out -55,900-55.9k
AE Wealth Management LLC Reduced -37,194-37.2k
Kraft, Davis & Associates, LLC Reduced -36,585-36.6k
AVAII WEALTH MANAGEMENT, LLC Reduced -33,726-33.7k
Cetera Advisor Networks LLC Sold out -27,832-27.8k
NorthLanding Financial Partners, LLC Reduced -24,383-24.4k
Cetera Advisors LLC Sold out -17,778-17.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m17.2k shares
Belvedere Trading LLC New $576.6k3.7k shares
CITADEL ADVISORS LLC New $327.3k2.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $0100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $716.9k4.6k shares
Belvedere Trading LLC New $202.6k1.3k shares
CITADEL ADVISORS LLC New $109.1k700 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio SAN FRANCISCO, CA 3,226,0693.2m $502.8m $502.8m 0.12% Reduced -101.9k -101,903
2 Lido Advisors, LLC 2.51% of their portfolio Los Angeles, CA 1,796,7081.8m $280.0m $280.0m 2.51% Added +87.1k +87,057
3 CHURCHILL MANAGEMENT Corp 2.45% of their portfolio Los Angeles, CA 1,262,1541.3m $196.7m $196.7m 2.45% New
4 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 823,425823.4k $128.3m $128.3m 0.21% Added +14.7k +14,716
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 740,847740.8k $115.5m $115.5m 0.00% Added +253.8k +253,849
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 435,984436.0k $67.9m $67.9m 0.03% Added +16.2k +16,164
7 Full Sail Capital, LLC 4.58% of their portfolio OKLAHOMA CITY, OK 421,522421.5k $65.7m $65.7m 4.58% Reduced -13.0k -12,964
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 274,668274.7k $42.8m $42.8m 0.02% Added +24.6k +24,616
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 251,924251.9k $39.3m $39.3m 0.00% Reduced -3.4k -3,388
10 Portfolio Strategies, Inc. 2.63% of their portfolio MONTVALE, NJ 248,095248.1k $38.6m $38.6m 2.63% Added +3.3k +3,287
11 AGF MANAGEMENT LTD 0.19% of their portfolio TORONTO, A6 222,657222.7k $34.7m $34.7m 0.19% Added +74.5k +74,483
12 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 186,030186.0k $29.0m $29.0m 0.11% Reduced -10.3k -10,261
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 159,978160.0k $24.9m $24.9m 0.03% Added +47.7k +47,685
14 Connectus Wealth, LLC 0.67% of their portfolio CINCINNATI, OH 157,361157.4k $24.5m $24.5m 0.67% Added +109.1k +109,094
15 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 156,270156.3k $24.4m $24.4m 0.05% Reduced -12.7k -12,690
16 FMR LLC 0.00% of their portfolio BOSTON, MA 136,848136.8k $21.3m $21.3m 0.00% Added +13.9k +13,950
17 VICUS CAPITAL 1.69% of their portfolio STATE COLLEGE, PA 119,133119.1k $18.6m $18.6m 1.69% Added +104 +104
18 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 117,100117.1k $18.2m $18.2m 0.02% Added +2.6k +2,618
19 Advisory Services Network, LLC 0.40% of their portfolio ATLANTA, GA 115,717115.7k $18.0m $18.0m 0.40% Reduced -1.1k -1,131
20 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 112,498112.5k $17.5m $17.5m 0.12% Added +10.1k +10,117
21 Financial Partners Group, Inc 2.68% of their portfolio Overland Park, KS 108,011108.0k $16.8m $16.8m 2.68% Reduced -3.7k -3,742
22 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 95,51195.5k $14.9m $14.9m 0.04% Added +54.1k +54,133
23 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 86,54186.5k $13.5m $13.5m 0.15% Added +2.2k +2,207
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 85,91485.9k $13.4m $13.4m 0.00% Added +10.1k +10,050
25 Halpern Financial, Inc. 3.86% of their portfolio ASHBURN, VA 85,90685.9k $13.3m $13.3m 3.86% Reduced -10.1k -10,097
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 82,09282.1k $12.8m $12.8m 0.00% Added +3.4k +3,441
27 Freedom Investment Management, Inc. 1.00% of their portfolio SOUTH WINDSOR, CT 79,91179.9k $12.5m $12.5m 1.00% Reduced -7.1k -7,145
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 79,90079.9k $12.5m $12.5m 0.00% Reduced -14.0k -14,010
29 PFG Advisors 0.89% of their portfolio Phoenix, AZ 78,37478.4k $12.2m $12.2m 0.89% Added +3.5k +3,490
30 Crumly & Associates Inc. 2.99% of their portfolio SPRINGFIELD, IL 73,06473.1k $11.4m $11.4m 2.99% Added +274 +274
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 69,98770.0k $10.9m $10.9m 0.00% Added +46.9k +46,891
32 RWA WEALTH PARTNERS, LLC 0.13% of their portfolio BOSTON, MA 63,42663.4k $9.9m $9.9m 0.13% Reduced -1.2k -1,233
33 Armor Investment Advisors, LLC 4.68% of their portfolio RALEIGH, NC 62,43262.4k $9.7m $9.7m 4.68% Reduced -2.1k -2,134
34 Eaton Financial Holdings Company, LLC 5.01% of their portfolio Coral Springs, FL 61,88961.9k $9.6m $9.6m 5.01% Added +1.6k +1,618
35 King Wealth Management Group 1.66% of their portfolio SARATOGA SPRINGS, NY 60,67860.7k $9.5m $9.5m 1.66% Reduced -1.2k -1,204
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 58,32558.3k $9.1m $9.1m 0.00% Added +5.8k +5,799
37 ATLAS CAPITAL ADVISORS INC. 1.36% of their portfolio JACKSON, WY 55,88555.9k $8.7m $8.7m 1.36% Added +5.7k +5,690
38 Mowery & Schoenfeld Wealth Management, LLC 16.70% of their portfolio LINCOLNSHIRE, IL 55,61355.6k $8.7m $8.7m 16.70% Added +2.0k +2,003
39 Lifeworks Advisors, LLC 2.29% of their portfolio GRAND RAPIDS, MI 52,38652.4k $8.2m $8.2m 2.29% Added +2.7k +2,719
40 Mariner, LLC 0.02% of their portfolio Overland Park, KS 51,55551.6k $8.0m $8.0m 0.02% Reduced -332 -332
41 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 45,84845.8k $7.1m $7.1m 0.06% Added +4.9k +4,868
42 Traynor Capital Management, Inc. 0.66% of their portfolio MALVERN, PA 44,45444.5k $6.9m $6.9m 0.66% Added +2.5k +2,543
43 Exchange Capital Management, Inc. 1.12% of their portfolio Ann Arbor, MI 44,36644.4k $6.9m $6.9m 1.12% Reduced -811 -811
44 Smith Salley Wealth Management 0.54% of their portfolio GREENSBORO, NC 44,30044.3k $6.9m $6.9m 0.54% Reduced -4.6k -4,590
45 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 43,82043.8k $6.8m $6.8m 0.01% Added +17.3k +17,300
46 Kraft, Davis & Associates, LLC 1.98% of their portfolio St. Louis, MO 42,43742.4k $6.6m $6.6m 1.98% Reduced -36.6k -36,585
47 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 41,98442.0k $6.5m $6.5m 0.03% Reduced -3.9k -3,920
48 IFP Advisors, Inc 0.29% of their portfolio TAMPA, FL 41,78841.8k $6.5m $6.5m 0.29% Added +37.4k +37,359
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 41,56141.6k $6.5m $6.5m 0.01% New
50 SOUTHERN CAPITAL ADVISORS, LLC 3.92% of their portfolio Jackson, TN 41,44441.4k $6.5m $6.5m 3.92% Added +8.0k +8,048
51 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 39,82539.8k $6.2m $6.2m 0.01% Added +3.7k +3,732
52 Snowden Capital Advisors LLC 0.18% of their portfolio New York, NY 37,53537.5k $5.8m $5.8m 0.18% Reduced -689 -689
53 PERSONAL CFO SOLUTIONS, LLC 0.87% of their portfolio CHESTER, NJ 35,82835.8k $5.6m $5.6m 0.87% Reduced -610 -610
54 PRIMORIS WEALTH ADVISORS, LLC 4.31% of their portfolio North Palm Beach, FL 34,44334.4k $5.4m $5.4m 4.31% Added +174 +174
55 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 34,38834.4k $5.4m $5.4m 0.01% Added +1.8k +1,839
56 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 32,21732.2k $5.0m $5.0m 0.01% Added +763 +763
57 Stonebrook Private Inc. 1.43% of their portfolio NORTHVILLE, MI 31,34531.3k $4.9m $4.9m 1.43% Reduced -1.2k -1,195
58 J.W. COLE ADVISORS, INC. 0.25% of their portfolio TAMPA, FL 31,30331.3k $4.9m $4.9m 0.25% Reduced -5.6k -5,644
59 Patriot Financial Group Insurance Agency, LLC 0.78% of their portfolio Westborough, MA 31,29231.3k $4.9m $4.9m 0.78% New
60 HARTLINE INVESTMENT CORP/ 0.83% of their portfolio WINNETKA, IL 30,19330.2k $4.7m $4.7m 0.83% New
61 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.83% of their portfolio CONCORD, MA 30,19330.2k $4.7m $4.7m 0.83% Added +4.9k +4,903
62 Sigma Planning Corp 0.15% of their portfolio ANN ARBOR, MI 30,13930.1k $4.7m $4.7m 0.15% Added +17.2k +17,195
63 TBH Global Asset Management, LLC 0.92% of their portfolio Brentwood, TN 29,64729.6k $4.6m $4.6m 0.92% Added +285 +285
64 Global Assets Advisory, LLC 0.01% of their portfolio ORLANDO, FL 29,46929.5k $189 $189 0.01% New
65 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 29,36129.4k $4.6m $4.6m 0.08% Added +890 +890
66 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 29,13929.1k $4.5m $4.5m 0.03% Reduced -697 -697
67 Yoder Wealth Management, Inc. 2.89% of their portfolio WALNUT CREEK, CA 28,44528.4k $4.4m $4.4m 2.89% Added +880 +880
68 Financial Perspectives, Inc 1.65% of their portfolio MINNEAPOLIS, MN 27,86827.9k $4.3m $4.3m 1.65% Added +4 +4
69 CoreCap Advisors, LLC 0.22% of their portfolio SOUTHFIELD, MI 26,52026.5k $4.1m $4.1m 0.22% Added +10.3k +10,327
70 Beaumont Financial Advisors, LLC 0.33% of their portfolio NEEDHAM, MA 25,46425.5k $4.0m $4.0m 0.33% Reduced -2.2k -2,185
71 Court Place Advisors, LLC 1.26% of their portfolio ELLICOTT CITY, MD 25,14925.1k $3.9m $3.9m 1.26% Reduced -1.3k -1,320
72 Prospera Financial Services Inc 0.11% of their portfolio Dallas, TX 23,91023.9k $3.7m $3.7m 0.11% Reduced -1.8k -1,782
73 Mokosak Advisory Group, LLC 1.22% of their portfolio URBANDALE, IA 23,64223.6k $3.7m $3.7m 1.22% Reduced -2.0k -2,028
74 Heck Capital Advisors, LLC 0.54% of their portfolio Rhinelander, WI 22,91122.9k $3.6m $3.6m 0.54% Added +197 +197
75 MGO ONE SEVEN LLC 0.18% of their portfolio Beachwood, OH 22,32522.3k $3.5m $3.5m 0.18% Reduced -1.1k -1,116
76 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 21,78821.8k $3.4m $3.4m 0.00% Added +1.8k +1,819
77 LYNCH & ASSOCIATES/IN 0.77% of their portfolio EVANSVILLE, IN 21,36121.4k $3.3m $3.3m 0.77% Added +1.7k +1,748
78 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 21,09421.1k $3.3m $3.3m 0.05% Added +1.7k +1,723
79 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 20,86020.9k $3.3m $3.3m 0.07% Added +416 +416
80 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 20,77820.8k $3.2m $3.2m 0.04% Added +2.2k +2,157
81 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 19,97020.0k $2.9m $2.9m 0.12% Reduced -397 -397
82 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,39919.4k $3.0m $3.0m 0.00% Added +1.4k +1,374
83 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 18,78318.8k $2.9m $2.9m 0.01% Reduced -1.0k -1,034
84 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 18,68518.7k $2.9m $2.9m 0.03% Added +8.6k +8,643
85 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 18,68518.7k $2.9m $2.9m 0.03% Added +8.6k +8,643
86 WCG Wealth Advisors LLC 0.24% of their portfolio LAS VEGAS, NV 18,39118.4k $2.9m $2.9m 0.24% Added +6.6k +6,552
87 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 17,58317.6k $2.7m $2.7m 0.04% Added +259 +259
88 Idaho Trust Co 2.64% of their portfolio BOISE, ID 17,55017.6k $2.7m $2.7m 2.64% New
89 Fingerlakes Wealth Management, Inc. 2.64% of their portfolio ITHACA, NY 17,55017.6k $2.7m $2.7m 2.64% Added +3.0k +3,048
90 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 17,38217.4k $2.7m $2.7m 0.01% Added +287 +287
91 Anchor Investment Management, LLC 0.28% of their portfolio COLUMBIA, SC 17,16417.2k $2.7m $2.7m 0.28% Unchanged
92 Eley Financial Management, Inc 1.14% of their portfolio SOUTH BURLINGTON, VT 16,95917.0k $2.6m $2.6m 1.14% Reduced -252 -252
93 Curi Capital, LLC 0.06% of their portfolio CHICAGO, IL 16,75116.8k $2.6m $2.6m 0.06% Unchanged
94 Quantinno Capital Management LP 0.06% of their portfolio NEW YORK, NY 16,42216.4k $2.6m $2.6m 0.06% New
95 BRIGHTON JONES LLC 0.09% of their portfolio SEATTLE, WA 16,32716.3k $2.5m $2.5m 0.09% Reduced -1.1k -1,090
96 Ancora Advisors LLC 0.06% of their portfolio Cleveland, OH 16,17816.2k $2.5m $2.5m 0.06% Reduced -427 -427
97 EPG Wealth Management LLC 0.62% of their portfolio ATLANTA, GA 16,15916.2k $2.5m $2.5m 0.62% Reduced -317 -317
98 NAVELLIER & ASSOCIATES INC 0.31% of their portfolio Reno, NV 16,10016.1k $2.5m $2.5m 0.31% Reduced -2.5k -2,500
99 PGIM Custom Harvest LLC 0.06% of their portfolio NEWARK, NJ 15,86715.9k $2.5m $2.5m 0.06% Reduced -14.0k -13,983
100 Ameritas Advisory Services, LLC 0.10% of their portfolio Lincoln, NE 15,35415.4k $2.3m $2.3m 0.10% Added +621 +621