Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

435 institutional holders +6 vs Q1 2024
13,937,20313.9m shares reported held*
$2.4bnreported value*
48 new 154 added 136 reduced 38 sold out net sold ≈ $190.9m (-1.1m 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $171.34. Options: 4 managers hold calls ($3.3m notional), 2 hold puts ($1.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 299Q4 22: 324Q1 23: 335Q2 23: 374Q3 23: 372Q4 23: 420Q1 24: 429Q2 24: 435435Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420
Q1 2024429
Q2 2024435

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 outQ2 23: 183 bought or addedQ2 23: 149 cut or sold outQ2 23Q3 23: 136 bought or addedQ3 23: 182 cut or sold outQ4 23: 194 bought or addedQ4 23: 151 cut or sold outQ4 23Q1 24: 204 bought or addedQ1 24: 167 cut or sold outQ2 24: 202 bought or addedQ2 24: 174 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149
Q3 2023136182
Q4 2023194151
Q1 2024204167
Q2 2024202174

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 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 0.29Q2 24 calls: $3.3mQ2 24 puts: $1.0mQ2 24P/C 0.32
Numbers
QuarterCallsPutsP/C
Q3 2023$1.7m$49.2k0.03
Q4 2023$8.8m$215.5k0.02
Q1 2024$3.6m$1.0m0.29
Q2 2024$3.3m$1.0m0.32

Biggest buyers

NorthCoast Asset Management LLC New +169,412+169.4k
Kestra Advisory Services, LLC Added +75,700+75.7k
Lido Advisors, LLC Added +58,125+58.1k
BANK OF AMERICA CORP /DE/ Added +53,469+53.5k
AGF MANAGEMENT LTD Added +40,910+40.9k
Mowery & Schoenfeld Wealth Management, LLC Added +30,544+30.5k
Strategic Financial Concepts, LLC New +24,787+24.8k
Focus Partners Wealth New +22,362+22.4k
Grant/GrossMendelsohn, LLC New +22,329+22.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +20,151+20.2k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -930,653-930.7k
MORGAN STANLEY Reduced -456,122-456.1k
ROYAL BANK OF CANADA Reduced -52,206-52.2k
Cetera Investment Advisers Reduced -38,673-38.7k
HARTLINE INVESTMENT CORP/ Sold out -30,193-30.2k
Global Assets Advisory, LLC Sold out -29,469-29.5k
OSAIC HOLDINGS, INC. Reduced -27,775-27.8k
CoreCap Advisors, LLC Sold out -26,520-26.5k
Cambridge Investment Research Advisors, Inc. Reduced -25,023-25.0k
Halpern Financial, Inc. Reduced -19,866-19.9k

Biggest calls

CITADEL ADVISORS LLC Added $1.3m7.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m5.9k shares
Belvedere Trading LLC Added $977.7k5.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $771.8k4.5k shares
Belvedere Trading LLC Added $274.4k1.6k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 2,295,4162.3m $393.7m $393.7m 0.08% Reduced -930.7k -930,653
2 Lido Advisors, LLC 2.62% of their portfolio Los Angeles, CA 1,854,8331.9m $318.1m $318.1m 2.62% Added +58.1k +58,125
3 CHURCHILL MANAGEMENT Corp 2.57% of their portfolio Los Angeles, CA 1,272,4291.3m $218.2m $218.2m 2.57% Added +10.3k +10,275
4 COMMONWEALTH EQUITY SERVICES, LLC 0.23% of their portfolio WALTHAM, MA 843,576843.6k $144.7m $144.7m 0.23% Added +20.2k +20,151
5 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 426,938426.9k $73.2m $73.2m 0.03% Reduced -9.0k -9,046
6 Full Sail Capital, LLC 4.75% of their portfolio OKLAHOMA CITY, OK 412,111412.1k $70.7m $70.7m 4.75% Reduced -9.4k -9,411
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 284,725284.7k $48.8m $48.8m 0.00% Reduced -456.1k -456,122
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 278,685278.7k $47.8m $47.8m 0.02% Added +4.0k +4,017
9 AGF MANAGEMENT LTD 0.25% of their portfolio TORONTO, A6 263,567263.6k $45.2m $45.2m 0.25% Added +40.9k +40,910
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 244,038244.0k $41.9m $41.9m 0.00% Reduced -7.9k -7,886
11 Portfolio Strategies, Inc. 5.66% of their portfolio MONTVALE, NJ 241,970242.0k $41.5m $41.5m 5.66% Reduced -6.1k -6,125
12 Kestra Advisory Services, LLC 0.18% of their portfolio AUSTIN, TX 188,198188.2k $31.8m $31.8m 0.18% Added +75.7k +75,700
13 NorthCoast Asset Management LLC 0.25% of their portfolio STAMFORD, CT 169,412169.4k $29.1m $29.1m 0.25% New
14 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 161,007161.0k $27.6m $27.6m 0.10% Reduced -25.0k -25,023
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 158,876158.9k $27.3m $27.3m 0.03% Reduced -1.1k -1,102
16 FMR LLC 0.00% of their portfolio BOSTON, MA 153,654153.7k $26.4m $26.4m 0.00% Added +16.8k +16,806
17 Kestra Investment Management, LLC 1.59% of their portfolio AUSTIN, TX 135,699135.7k $23.3m $23.3m 1.59% First filing
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 135,561135.6k $23.3m $23.3m 0.00% Added +53.5k +53,469
19 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 128,495128.5k $22.1m $22.1m 0.05% Reduced -27.8k -27,775
20 Advisory Services Network, LLC 0.44% of their portfolio ATLANTA, GA 124,194124.2k $21.3m $21.3m 0.44% Added +8.5k +8,477
21 VICUS CAPITAL 1.83% of their portfolio STATE COLLEGE, PA 117,734117.7k $20.2m $20.2m 1.83% Reduced -1.4k -1,399
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 107,893107.9k $18.5m $18.5m 0.02% Reduced -9.2k -9,207
23 Financial Partners Group, Inc 2.90% of their portfolio Overland Park, KS 107,159107.2k $18.4m $18.4m 2.90% Reduced -852 -852
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 96,03996.0k $16.5m $16.5m 0.00% Added +16.1k +16,139
25 Mowery & Schoenfeld Wealth Management, LLC 21.22% of their portfolio LINCOLNSHIRE, IL 86,15786.2k $14.8m $14.8m 21.22% Added +30.5k +30,544
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 83,62483.6k $14.3m $14.3m 0.00% Reduced -2.3k -2,290
27 PFG Advisors 0.94% of their portfolio Phoenix, AZ 81,34181.3k $14.0m $14.0m 0.94% Added +3.0k +2,967
28 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 80,71480.7k $13.8m $13.8m 0.15% Reduced -5.8k -5,827
29 Crumly & Associates Inc. 3.53% of their portfolio SPRINGFIELD, IL 71,54571.5k $12.3m $12.3m 3.53% Reduced -1.5k -1,519
30 RWA WEALTH PARTNERS, LLC 0.16% of their portfolio BOSTON, MA 69,14169.1k $11.9m $11.9m 0.16% Added +5.7k +5,715
31 Freedom Investment Management, Inc. 0.95% of their portfolio SOUTH WINDSOR, CT 67,84467.8k $11.6m $11.6m 0.95% Reduced -12.1k -12,067
32 Halpern Financial, Inc. 3.11% of their portfolio ASHBURN, VA 66,04066.0k $11.3m $11.3m 3.11% Reduced -19.9k -19,866
33 Armor Investment Advisors, LLC 4.97% of their portfolio RALEIGH, NC 62,76462.8k $10.8m $10.8m 4.97% Added +332 +332
34 King Wealth Management Group 1.72% of their portfolio SARATOGA SPRINGS, NY 60,05260.1k $10.3m $10.3m 1.72% Reduced -626 -626
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 58,06558.1k $10.0m $10.0m 0.00% Reduced -260 -260
36 ATLAS CAPITAL ADVISORS INC. 1.28% of their portfolio JACKSON, WY 57,40857.4k $9.8m $9.8m 1.28% Added +1.5k +1,523
37 Mariner, LLC 0.02% of their portfolio Overland Park, KS 57,11457.1k $9.8m $9.8m 0.02% Added +5.6k +5,559
38 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 56,83856.8k $9.7m $9.7m 0.02% Reduced -38.7k -38,673
39 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 51,88151.9k $8.9m $8.9m 0.01% Added +12.1k +12,056
40 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 50,82050.8k $8.7m $8.7m 0.04% Added +7.0k +7,000
41 Lifeworks Advisors, LLC 2.30% of their portfolio GRAND RAPIDS, MI 48,05248.1k $8.2m $8.2m 2.30% Reduced -4.3k -4,334
42 Smith Salley Wealth Management 0.56% of their portfolio GREENSBORO, NC 45,24545.2k $7.8m $7.8m 0.56% Added +945 +945
43 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 44,59844.6k $7.6m $7.6m 0.06% Reduced -1.2k -1,250
44 Exchange Capital Management, Inc. 1.23% of their portfolio Ann Arbor, MI 43,88843.9k $7.5m $7.5m 1.23% Reduced -478 -478
45 Traynor Capital Management, Inc. 0.63% of their portfolio MALVERN, PA 43,07643.1k $7.4m $7.4m 0.63% Reduced -1.4k -1,378
46 SOUTHERN CAPITAL ADVISORS, LLC 4.56% of their portfolio Jackson, TN 43,07443.1k $7.4m $7.4m 4.56% Added +1.6k +1,630
47 Kraft, Davis & Associates, LLC 2.13% of their portfolio St. Louis, MO 42,05842.1k $7.0m $7.0m 2.13% Reduced -379 -379
48 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 41,60441.6k $7.1m $7.1m 0.01% Added +9.4k +9,387
49 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 41,11741.1k $7.1m $7.1m 0.03% Reduced -867 -867
50 IFP Advisors, Inc 0.25% of their portfolio TAMPA, FL 36,98437.0k $6.3m $6.3m 0.25% Reduced -4.8k -4,804
51 Snowden Capital Advisors LLC 0.19% of their portfolio New York, NY 36,72236.7k $6.3m $6.3m 0.19% Reduced -813 -813
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 35,96536.0k $6.2m $6.2m 0.01% Reduced -5.6k -5,596
53 PERSONAL CFO SOLUTIONS, LLC 0.93% of their portfolio CHESTER, NJ 35,36035.4k $6.1m $6.1m 0.93% Reduced -468 -468
54 J.W. COLE ADVISORS, INC. 0.28% of their portfolio TAMPA, FL 34,88334.9k $6.0m $6.0m 0.28% Added +3.6k +3,580
55 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 34,54334.5k $5.9m $5.9m 0.01% Added +155 +155
56 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.93% of their portfolio CONCORD, MA 32,45232.5k $5.6m $5.6m 0.93% Added +2.3k +2,259
57 Patriot Financial Group Insurance Agency, LLC 0.81% of their portfolio Westborough, MA 32,06632.1k $5.5m $5.5m 0.81% Added +774 +774
58 PRIMORIS WEALTH ADVISORS, LLC 4.38% of their portfolio North Palm Beach, FL 32,01432.0k $5.5m $5.5m 4.38% Reduced -2.4k -2,429
59 Yoder Wealth Management, Inc. 3.50% of their portfolio WALNUT CREEK, CA 31,54231.5k $5.4m $5.4m 3.50% Added +3.1k +3,097
60 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 29,49529.5k $5.1m $5.1m 0.08% Added +134 +134
61 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 28,60328.6k $4.9m $4.9m 0.03% Reduced -536 -536
62 GeoWealth Management, LLC 0.21% of their portfolio CHICAGO, IL 28,57628.6k $4.9m $4.9m 0.21% Added +18.2k +18,203
63 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 27,84927.8k $4.8m $4.8m 0.01% Added +8.4k +8,450
64 Financial Perspectives, Inc 1.74% of their portfolio MINNEAPOLIS, MN 27,49027.5k $4.7m $4.7m 1.74% Reduced -378 -378
65 Court Place Advisors, LLC 1.42% of their portfolio ELLICOTT CITY, MD 26,30926.3k $4.5m $4.5m 1.42% Added +1.2k +1,160
66 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 25,61825.6k $4.4m $4.4m 0.05% Added +6.9k +6,933
67 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 25,61825.6k $4.4m $4.4m 0.05% Added +6.9k +6,933
68 Sigma Planning Corp 0.14% of their portfolio ANN ARBOR, MI 25,19525.2k $4.3m $4.3m 0.14% Reduced -4.9k -4,944
69 Beaumont Financial Advisors, LLC 0.34% of their portfolio NEEDHAM, MA 24,88624.9k $4.3m $4.3m 0.34% Reduced -578 -578
70 Strategic Financial Concepts, LLC 0.00% of their portfolio SAN ANTONIO, TX 24,78724.8k $152 $152 0.00% New
71 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 24,37824.4k $4.2m $4.2m 0.12% Added +468 +468
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 24,29524.3k $4.2m $4.2m 0.01% Added +6.9k +6,913
73 Stonebrook Private Inc. 1.19% of their portfolio NORTHVILLE, MI 24,23024.2k $4.2m $4.2m 1.19% Reduced -7.1k -7,115
74 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 23,75723.8k $4.1m $4.1m 0.04% Added +3.0k +2,979
75 Mokosak Advisory Group, LLC 1.32% of their portfolio URBANDALE, IA 23,31423.3k $4.0m $4.0m 1.32% Reduced -328 -328
76 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 22,59122.6k $3.9m $3.9m 0.00% Added +803 +803
77 Heck Capital Advisors, LLC 0.48% of their portfolio Rhinelander, WI 22,36422.4k $3.8m $3.8m 0.48% Reduced -547 -547
78 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 22,36222.4k $3.8m $3.8m 0.01% New
79 Grant/GrossMendelsohn, LLC 1.75% of their portfolio Baltimore, MD 22,32922.3k $3.8m $3.8m 1.75% New
80 LYNCH & ASSOCIATES/IN 0.85% of their portfolio EVANSVILLE, IN 22,03022.0k $3.8m $3.8m 0.85% Added +669 +669
81 MGO ONE SEVEN LLC 0.18% of their portfolio Beachwood, OH 21,57821.6k $3.7m $3.7m 0.18% Reduced -747 -747
82 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 20,78220.8k $3.6m $3.6m 0.07% Reduced -78 -78
83 WCG Wealth Advisors LLC 0.26% of their portfolio LAS VEGAS, NV 20,55420.6k $3.5m $3.5m 0.26% Added +2.2k +2,163
84 Claro Advisors Inc. 0.53% of their portfolio BOSTON, MA 19,93319.9k $3.4m $3.4m 0.53% Added +10.7k +10,710
85 Fingerlakes Wealth Management, Inc. 3.06% of their portfolio ITHACA, NY 19,88119.9k $3.4m $3.4m 3.06% Added +2.3k +2,331
86 Capital Planning LLC 1.02% of their portfolio BELLEVUE, WA 19,82319.8k $3.4m $3.4m 1.02% Added +6.1k +6,142
87 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 19,57619.6k $3.2m $3.2m 0.12% Reduced -394 -394
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,78117.8k $3.0m $3.0m 0.00% Reduced -52.2k -52,206
89 TBH Global Asset Management, LLC 0.66% of their portfolio Brentwood, TN 17,24917.2k $3.0m $3.0m 0.66% Reduced -12.4k -12,398
90 Anchor Investment Management, LLC 0.30% of their portfolio COLUMBIA, SC 17,17817.2k $2.9m $2.9m 0.30% Added +14 +14
91 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 17,12917.1k $2.9m $2.9m 0.00% Added +15.8k +15,802
92 Quantinno Capital Management LP 0.05% of their portfolio NEW YORK, NY 17,05917.1k $2.9m $2.9m 0.05% Added +637 +637
93 BRIGHTON JONES LLC 0.09% of their portfolio SEATTLE, WA 16,61516.6k $2.8m $2.8m 0.09% Added +288 +288
94 Eley Financial Management, Inc 1.20% of their portfolio SOUTH BURLINGTON, VT 16,53916.5k $2.8m $2.8m 1.20% Reduced -420 -420
95 Ameritas Advisory Services, LLC 0.11% of their portfolio Lincoln, NE 16,25516.3k $2.8m $2.8m 0.11% Added +901 +901
96 Ancora Advisors LLC 0.07% of their portfolio Cleveland, OH 16,12216.1k $2.8m $2.8m 0.07% Reduced -56 -56
97 NAVELLIER & ASSOCIATES INC 0.32% of their portfolio Reno, NV 16,10016.1k $2.8m $2.8m 0.32% Unchanged
98 CX Institutional 0.13% of their portfolio AUBURN, IN 16,08516.1k $2.8m $2.8m 0.13% Added +1.4k +1,406
99 Curi Capital, LLC 0.06% of their portfolio CHICAGO, IL 15,69515.7k $2.7m $2.7m 0.06% Reduced -1.1k -1,056
100 Secure Asset Management, LLC 0.51% of their portfolio Troy, MI 15,58015.6k $2.7m $2.7m 0.51% Added +260 +260