Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

448 institutional holders +13 vs Q2 2024
20,165,17920.2m shares reported held*
$3.4bnreported value*
53 new 154 added 144 reduced 38 sold out net bought ≈ $936.5m (+6.2m 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 ($153.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $167.49. Options: 4 managers hold calls ($4.3m notional), 3 hold puts ($1.3m).

Trends to Q3 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: 435Q3 24: 448448Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420
Q1 2024429
Q2 2024435
Q3 2024448

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 outQ1 23: 153 bought or addedQ1 23: 145 cut or sold outQ1 23Q2 23: 183 bought or addedQ2 23: 149 cut or sold outQ3 23: 136 bought or addedQ3 23: 182 cut or sold outQ3 23Q4 23: 194 bought or addedQ4 23: 151 cut or sold outQ1 24: 204 bought or addedQ1 24: 167 cut or sold outQ1 24Q2 24: 202 bought or addedQ2 24: 174 cut or sold outQ3 24: 207 bought or addedQ3 24: 182 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022137135
Q1 2023153145
Q2 2023183149
Q3 2023136182
Q4 2023194151
Q1 2024204167
Q2 2024202174
Q3 2024207182

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ4 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 0.32Q3 24 calls: $4.3mQ3 24 puts: $1.3mQ3 24P/C 0.31
Numbers
QuarterCallsPutsP/C
Q4 2023$8.8m$215.5k0.02
Q1 2024$3.6m$1.0m0.29
Q2 2024$3.3m$1.0m0.32
Q3 2024$4.3m$1.3m0.31

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,486,832+2.5m
Richard Bernstein Advisors LLC New +1,594,604+1.6m
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Added +809,315+809.3k
AGF MANAGEMENT LTD Added +311,262+311.3k
ENVESTNET ASSET MANAGEMENT INC Added +259,524+259.5k
TWO SIGMA INVESTMENTS, LP Added +219,100+219.1k
CW Advisors, LLC Added +115,493+115.5k
ROYAL BANK OF CANADA Added +67,593+67.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +60,154+60.2k
Lido Advisors, LLC Added +58,768+58.8k

Biggest sellers

COMMONWEALTH EQUITY SERVICES, LLC Reduced -62,634-62.6k
Kestra Advisory Services, LLC Reduced -41,777-41.8k
Crumly & Associates Inc. Reduced -29,881-29.9k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -26,557-26.6k
Strategic Financial Concepts, LLC Sold out -24,787-24.8k
NorthCoast Asset Management LLC Reduced -22,371-22.4k
Mowery & Schoenfeld Wealth Management, LLC Reduced -21,676-21.7k
Grant/GrossMendelsohn, LLC Reduced -21,071-21.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -21,060-21.1k
LPL Financial LLC Reduced -15,417-15.4k

Biggest calls

CITADEL ADVISORS LLC Added $2.8m15.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $785.2k4.5k shares
Belvedere Trading LLC Reduced $785.2k4.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $698.0k4.0k shares
CITADEL ADVISORS LLC Reduced $558.4k3.2k shares
Belvedere Trading LLC Reduced $69.8k400 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,622,3932.6m $457.6m $457.6m 0.04% Added +2.5m +2,486,832
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 2,268,8592.3m $395.9m $395.9m 0.08% Reduced -26.6k -26,557
3 Lido Advisors, LLC 2.51% of their portfolio Los Angeles, CA 1,913,6011.9m $333.9m $333.9m 2.51% Added +58.8k +58,768
4 Richard Bernstein Advisors LLC 5.97% of their portfolio NEW YORK, NY 1,594,6041.6m $278.3m $278.3m 5.97% New
5 CHURCHILL MANAGEMENT Corp 2.57% of their portfolio Los Angeles, CA 1,283,3401.3m $223.9m $223.9m 2.57% Added +10.9k +10,911
6 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio ORLANDO, FL 811,050811.0k $15.3k $15.3k 0.04% Added +809.3k +809,315
7 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 780,942780.9k $136.3m $136.3m 0.21% Reduced -62.6k -62,634
8 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 686,462686.5k $119.8m $119.8m 0.04% Added +259.5k +259,524
9 AGF MANAGEMENT LTD 0.51% of their portfolio TORONTO, A6 574,829574.8k $100.3m $100.3m 0.51% Added +311.3k +311,262
10 Full Sail Capital, LLC 4.52% of their portfolio OKLAHOMA CITY, OK 404,512404.5k $70.6m $70.6m 4.52% Reduced -7.6k -7,599
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 304,862304.9k $53.2m $53.2m 0.00% Added +20.1k +20,137
12 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 263,268263.3k $45.9m $45.9m 0.02% Reduced -15.4k -15,417
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 257,296257.3k $44.9m $44.9m 0.00% Added +13.3k +13,258
14 Portfolio Strategies, Inc. 5.61% of their portfolio MONTVALE, NJ 238,254238.3k $41.6m $41.6m 5.61% Reduced -3.7k -3,716
15 TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio NEW YORK, NY 222,700222.7k $38.9m $38.9m 0.09% Added +219.1k +219,100
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 219,030219.0k $38.2m $38.2m 0.03% Added +60.2k +60,154
17 Kestra Investment Management, LLC 1.26% of their portfolio AUSTIN, TX 168,770168.8k $29.5m $29.5m 1.26% Added +33.1k +33,071
18 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 167,112167.1k $29.2m $29.2m 0.10% Added +6.1k +6,105
19 FMR LLC 0.00% of their portfolio BOSTON, MA 159,393159.4k $27.8m $27.8m 0.00% Added +5.7k +5,739
20 NorthCoast Asset Management LLC 0.18% of their portfolio STAMFORD, CT 147,041147.0k $25.6m $25.6m 0.18% Reduced -22.4k -22,371
21 Kestra Advisory Services, LLC 0.14% of their portfolio AUSTIN, TX 146,421146.4k $25.6m $25.6m 0.14% Reduced -41.8k -41,777
22 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 131,360131.4k $23.0m $23.0m 0.05% Added +2.9k +2,865
23 CW Advisors, LLC 0.30% of their portfolio BOSTON, MA 130,825130.8k $22.8m $22.8m 0.30% Added +115.5k +115,493
24 Advisory Services Network, LLC 0.44% of their portfolio ATLANTA, GA 124,194124.2k $21.3m $21.3m 0.44% Unchanged
25 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 120,574120.6k $21.0m $21.0m 0.02% Added +12.7k +12,681
26 VICUS CAPITAL 1.71% of their portfolio STATE COLLEGE, PA 110,584110.6k $19.3m $19.3m 1.71% Reduced -7.2k -7,150
27 Financial Partners Group, Inc 2.74% of their portfolio Overland Park, KS 105,954106.0k $18.5m $18.5m 2.74% Reduced -1.2k -1,205
28 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 98,32098.3k $17.1m $17.1m 0.08% Added +47.5k +47,500
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 97,19697.2k $17.0m $17.0m 0.00% Added +1.2k +1,157
30 Atria Wealth Solutions, Inc. 0.17% of their portfolio NEW YORK, NY 90,05990.1k $15.7m $15.7m 0.17% Added +9.3k +9,345
31 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 89,19689.2k $15.6m $15.6m 0.03% Added +32.4k +32,358
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 86,92586.9k $15.2m $15.2m 0.00% Added +3.3k +3,301
33 PFG Advisors 0.96% of their portfolio Phoenix, AZ 86,86886.9k $15.2m $15.2m 0.96% Added +5.5k +5,527
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 85,37485.4k $14.9m $14.9m 0.00% Added +67.6k +67,593
35 Armor Investment Advisors, LLC 5.70% of their portfolio RALEIGH, NC 78,86978.9k $13.8m $13.8m 5.70% Added +16.1k +16,105
36 Eaton Financial Holdings Company, LLC 5.02% of their portfolio Coral Springs, FL 70,75970.8k $12.3m $12.3m 5.02% First filing
37 Mowery & Schoenfeld Wealth Management, LLC 17.78% of their portfolio LINCOLNSHIRE, IL 64,48164.5k $11.3m $11.3m 17.78% Reduced -21.7k -21,676
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 63,24263.2k $11.0m $11.0m 0.00% Added +5.2k +5,177
39 Halpern Financial, Inc. 2.74% of their portfolio ASHBURN, VA 62,20562.2k $10.6m $10.6m 2.74% Reduced -3.8k -3,835
40 RWA WEALTH PARTNERS, LLC 0.14% of their portfolio BOSTON, MA 62,08962.1k $10.8m $10.8m 0.14% Reduced -7.1k -7,052
41 Mariner, LLC 0.02% of their portfolio Overland Park, KS 59,77059.8k $10.4m $10.4m 0.02% Added +2.7k +2,656
42 Freedom Investment Management, Inc. 0.83% of their portfolio SOUTH WINDSOR, CT 59,68359.7k $10.4m $10.4m 0.83% Reduced -8.2k -8,161
43 ATLAS CAPITAL ADVISORS INC. 1.58% of their portfolio JACKSON, WY 59,12159.1k $10.3m $10.3m 1.58% Added +1.7k +1,713
44 King Wealth Management Group 1.57% of their portfolio SARATOGA SPRINGS, NY 57,85857.9k $10.1m $10.1m 1.57% Reduced -2.2k -2,194
45 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 51,15051.1k $8.9m $8.9m 0.03% Added +10.0k +10,033
46 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 51,12351.1k $8.9m $8.9m 0.01% Reduced -758 -758
47 Morningstar Investment Management LLC 0.91% of their portfolio CHICAGO, IL 50,71850.7k $9.2m $9.2m 0.91% New
48 Lifeworks Advisors, LLC 1.61% of their portfolio GRAND RAPIDS, MI 46,91546.9k $8.2m $8.2m 1.61% Reduced -1.1k -1,137
49 Smith Salley Wealth Management 0.53% of their portfolio GREENSBORO, NC 46,64346.6k $8.1m $8.1m 0.53% Added +1.4k +1,398
50 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 43,17043.2k $7.5m $7.5m 0.01% Added +1.6k +1,566
51 SOUTHERN CAPITAL ADVISORS, LLC 4.23% of their portfolio Jackson, TN 43,12043.1k $7.5m $7.5m 4.23% Added +46 +46
52 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 42,31242.3k $7.4m $7.4m 0.05% Reduced -2.3k -2,286
53 Crumly & Associates Inc. 2.01% of their portfolio SPRINGFIELD, IL 41,66441.7k $7.3m $7.3m 2.01% Reduced -29.9k -29,881
54 Kraft, Davis & Associates, LLC 2.14% of their portfolio St. Louis, MO 41,27941.3k $7.2m $7.2m 2.14% Reduced -779 -779
55 Exchange Capital Management, Inc. 1.14% of their portfolio Ann Arbor, MI 41,19141.2k $7.2m $7.2m 1.14% Reduced -2.7k -2,697
56 Traynor Capital Management, Inc. 0.55% of their portfolio MALVERN, PA 38,64738.6k $6.7m $6.7m 0.55% Reduced -4.4k -4,429
57 Yoder Wealth Management, Inc. 3.99% of their portfolio WALNUT CREEK, CA 38,11038.1k $6.7m $6.7m 3.99% Added +6.6k +6,568
58 Snowden Capital Advisors LLC 0.19% of their portfolio New York, NY 35,66235.7k $6.2m $6.2m 0.19% Reduced -1.1k -1,060
59 J.W. COLE ADVISORS, INC. 0.26% of their portfolio TAMPA, FL 34,87034.9k $6.1m $6.1m 0.26% Reduced -13 -13
60 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 34,70834.7k $6.4m $6.4m 0.04% Added +29.6k +29,589
61 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.91% of their portfolio CONCORD, MA 34,50234.5k $6.0m $6.0m 0.91% Added +2.0k +2,050
62 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 33,81033.8k $5.9m $5.9m 0.01% Reduced -733 -733
63 Patriot Financial Group Insurance Agency, LLC 0.77% of their portfolio Westborough, MA 33,02533.0k $5.8m $5.8m 0.77% Added +959 +959
64 PERSONAL CFO SOLUTIONS, LLC 0.78% of their portfolio CHESTER, NJ 31,93531.9k $5.6m $5.6m 0.78% Reduced -3.4k -3,425
65 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 31,74131.7k $5.5m $5.5m 0.00% Added +9.2k +9,150
66 Court Place Advisors, LLC 1.59% of their portfolio ELLICOTT CITY, MD 31,17431.2k $5.4m $5.4m 1.59% Added +4.9k +4,865
67 Brookstone Capital Management 0.08% of their portfolio WHEATON, IL 30,34630.3k $5.3m $5.3m 0.08% Added +851 +851
68 IFP Advisors, Inc 0.18% of their portfolio TAMPA, FL 28,90528.9k $5.0m $5.0m 0.18% Reduced -8.1k -8,079
69 Sigma Planning Corp 0.15% of their portfolio ANN ARBOR, MI 28,22728.2k $4.9m $4.9m 0.15% Added +3.0k +3,032
70 PRIMORIS WEALTH ADVISORS, LLC 3.48% of their portfolio North Palm Beach, FL 27,78327.8k $4.8m $4.8m 3.48% Reduced -4.2k -4,231
71 Financial Perspectives, Inc 1.67% of their portfolio MINNEAPOLIS, MN 27,65227.7k $4.8m $4.8m 1.67% Added +162 +162
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,33526.3k $4.6m $4.6m 0.00% Added +9.2k +9,206
73 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 25,84825.8k $4.5m $4.5m 0.06% Added +14.9k +14,933
74 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 25,78425.8k $4.5m $4.5m 0.04% Added +2.0k +2,027
75 Beaumont Financial Advisors, LLC 0.35% of their portfolio NEEDHAM, MA 25,63925.6k $4.5m $4.5m 0.35% Added +753 +753
76 Prospera Financial Services Inc 0.11% of their portfolio Dallas, TX 25,14125.1k $4.4m $4.4m 0.11% Added +763 +763
77 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 25,07825.1k $4.4m $4.4m 0.04% Reduced -540 -540
78 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 25,07825.1k $4.4m $4.4m 0.04% Reduced -540 -540
79 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 25,06725.1k $4.4m $4.4m 0.00% Added +20.7k +20,741
80 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 23,82323.8k $4.2m $4.2m 0.01% Reduced -472 -472
81 TRANSCEND CAPITAL ADVISORS, LLC 0.28% of their portfolio MADISON, NJ 23,61423.6k $4.1m $4.1m 0.28% New
82 Claro Advisors Inc. 0.52% of their portfolio BOSTON, MA 23,09623.1k $4.0m $4.0m 0.52% Added +3.2k +3,163
83 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 22,90522.9k $4.0m $4.0m 0.00% Reduced -4.9k -4,944
84 LYNCH & ASSOCIATES/IN 0.84% of their portfolio EVANSVILLE, IN 22,87322.9k $4.0m $4.0m 0.84% Added +843 +843
85 GeoWealth Management, LLC 0.14% of their portfolio CHICAGO, IL 22,85522.9k $4.0m $4.0m 0.14% Reduced -5.7k -5,721
86 Heck Capital Advisors, LLC 0.45% of their portfolio Rhinelander, WI 22,45622.5k $3.9m $3.9m 0.45% Added +92 +92
87 Mokosak Advisory Group, LLC 1.15% of their portfolio URBANDALE, IA 22,02822.0k $3.8m $3.8m 1.15% Reduced -1.3k -1,286
88 MGO ONE SEVEN LLC 0.16% of their portfolio Beachwood, OH 21,33521.3k $3.7m $3.7m 0.16% Reduced -243 -243
89 WCG Wealth Advisors LLC 0.25% of their portfolio LAS VEGAS, NV 21,27221.3k $3.7m $3.7m 0.25% Added +718 +718
90 Quantinno Capital Management LP 0.05% of their portfolio NEW YORK, NY 20,73820.7k $3.6m $3.6m 0.05% Added +3.7k +3,679
91 Capital Planning LLC 1.01% of their portfolio BELLEVUE, WA 20,73220.7k $3.6m $3.6m 1.01% Added +909 +909
92 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 20,20320.2k $3.5m $3.5m 0.01% Reduced -2.2k -2,159
93 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 19,56919.6k $3.4m $3.4m 0.01% Added +5.3k +5,322
94 Fingerlakes Wealth Management, Inc. 2.83% of their portfolio ITHACA, NY 19,50419.5k $3.4m $3.4m 2.83% Reduced -377 -377
95 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 19,36419.4k $3.4m $3.4m 0.12% Reduced -212 -212
96 Meridian Wealth Management, LLC 0.17% of their portfolio LEXINGTON, KY 19,31919.3k $3.4m $3.4m 0.17% New
97 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 19,21519.2k $3.4m $3.4m 0.06% Reduced -1.6k -1,567
98 Ancora Advisors LLC 0.08% of their portfolio Cleveland, OH 19,10119.1k $3.3m $3.3m 0.08% Added +3.0k +2,979
99 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 18,62818.6k $3.3m $3.3m 0.02% Reduced -10.0k -9,975
100 Stonebrook Private Inc. 0.85% of their portfolio NORTHVILLE, MI 18,34018.3k $3.2m $3.2m 0.85% Reduced -5.9k -5,890