Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

511 institutional holders +63 vs Q3 2024
19,996,14320.0m shares reported held*
$3.7bnreported value*
60 new 173 added 134 reduced 26 sold out net bought ≈ $78.4m (-385.9k 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 ($82.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $184.90. Options: 3 managers hold calls ($4.3m notional), 2 hold puts ($1.6m).

Trends to Q4 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: 448Q4 24: 511511Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420
Q1 2024429
Q2 2024435
Q3 2024448
Q4 2024511

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 24Q3 24: 207 bought or addedQ3 24: 182 cut or sold outQ4 24: 233 bought or addedQ4 24: 160 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023153145
Q2 2023183149
Q3 2023136182
Q4 2023194151
Q1 2024204167
Q2 2024202174
Q3 2024207182
Q4 2024233160

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 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 0.31Q4 24 calls: $4.3mQ4 24 puts: $1.6mQ4 24P/C 0.38
Numbers
QuarterCallsPutsP/C
Q1 2024$3.6m$1.0m0.29
Q2 2024$3.3m$1.0m0.32
Q3 2024$4.3m$1.3m0.31
Q4 2024$4.3m$1.6m0.38

Biggest buyers

SteelPeak Wealth, LLC New +287,134+287.1k
AMERIPRISE FINANCIAL INC Added +153,479+153.5k
LPL Financial LLC Added +125,340+125.3k
MAI Capital Management Added +62,048+62.0k
Goldstone Financial Group, LLC New +41,456+41.5k
Lido Advisors, LLC Added +37,440+37.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +33,139+33.1k
NorthCoast Asset Management LLC Added +32,417+32.4k
Focus Partners Wealth Added +28,087+28.1k
Modern Wealth Management, LLC New +26,740+26.7k

Biggest sellers

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Reduced -809,446-809.4k
JPMORGAN CHASE & CO Reduced -164,455-164.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -119,421-119.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -76,286-76.3k
BANK OF AMERICA CORP /DE/ Reduced -55,286-55.3k
PRUDENTIAL FINANCIAL INC Sold out -51,123-51.1k
TWO SIGMA INVESTMENTS, LP Reduced -33,912-33.9k
Richard Bernstein Advisors LLC Reduced -32,225-32.2k
PERSONAL CFO SOLUTIONS, LLC Sold out -31,935-31.9k
Lifeworks Advisors, LLC Reduced -28,961-29.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.2m17.5k shares
CITADEL ADVISORS LLC Reduced $1.1m5.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m6.8k shares
CITADEL ADVISORS LLC Reduced $388.2k2.1k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,567,1072.6m $474.6m $474.6m 0.04% Reduced -55.3k -55,286
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 2,192,5732.2m $405.4m $405.4m 0.07% Reduced -76.3k -76,286
3 Lido Advisors, LLC 2.25% of their portfolio Los Angeles, CA 1,951,0412.0m $360.7m $360.7m 2.25% Added +37.4k +37,440
4 Richard Bernstein Advisors LLC 6.54% of their portfolio NEW YORK, NY 1,562,3791.6m $288.9m $288.9m 6.54% Reduced -32.2k -32,225
5 CHURCHILL MANAGEMENT Corp 2.61% of their portfolio Los Angeles, CA 1,291,3141.3m $238.7m $238.7m 2.61% Added +8.0k +7,974
6 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 781,459781.5k $144.5m $144.5m 0.21% Added +517 +517
7 AGF MANAGEMENT LTD 0.54% of their portfolio TORONTO, A6 591,343591.3k $109.3m $109.3m 0.54% Added +16.5k +16,514
8 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 567,041567.0k $104.8m $104.8m 0.03% Reduced -119.4k -119,421
9 Full Sail Capital, LLC 4.62% of their portfolio OKLAHOMA CITY, OK 392,495392.5k $72.6m $72.6m 4.62% Reduced -12.0k -12,017
10 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 388,608388.6k $71.8m $71.8m 0.03% Added +125.3k +125,340
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 328,495328.5k $60.7m $60.7m 0.00% Added +23.6k +23,633
12 SteelPeak Wealth, LLC 2.20% of their portfolio WOODLAND HILLS, CA 287,134287.1k $53.1m $53.1m 2.20% New
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 252,169252.2k $46.6m $46.6m 0.04% Added +33.1k +33,139
14 Portfolio Strategies, Inc. 6.24% of their portfolio MONTVALE, NJ 237,837237.8k $44.0m $44.0m 6.24% Reduced -417 -417
15 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 216,721216.7k $40.1m $40.1m 0.01% Added +153.5k +153,479
16 Kestra Investment Management, LLC 1.40% of their portfolio AUSTIN, TX 192,219192.2k $35.5m $35.5m 1.40% Added +23.4k +23,449
17 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 188,788188.8k $34.9m $34.9m 0.08% Reduced -33.9k -33,912
18 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 188,676188.7k $34.9m $34.9m 0.12% Added +21.6k +21,564
19 NorthCoast Asset Management LLC 0.16% of their portfolio STAMFORD, CT 179,458179.5k $33.2m $33.2m 0.16% Added +32.4k +32,417
20 Kestra Advisory Services, LLC 0.17% of their portfolio AUSTIN, TX 164,734164.7k $30.5m $30.5m 0.17% Added +18.3k +18,313
21 FMR LLC 0.00% of their portfolio BOSTON, MA 163,191163.2k $30.2m $30.2m 0.00% Added +3.8k +3,798
22 CW Advisors, LLC 0.38% of their portfolio BOSTON, MA 147,771147.8k $27.3m $27.3m 0.38% Added +16.9k +16,946
23 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 134,560134.6k $24.9m $24.9m 0.06% Added +3.2k +3,200
24 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 120,345120.3k $22.2m $22.2m 0.02% Reduced -229 -229
25 VICUS CAPITAL 1.88% of their portfolio STATE COLLEGE, PA 114,245114.2k $21.1m $21.1m 1.88% Added +3.7k +3,661
26 Financial Partners Group, Inc 2.83% of their portfolio Overland Park, KS 104,819104.8k $19.4m $19.4m 2.83% Reduced -1.1k -1,135
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 98,13398.1k $18.1m $18.1m 0.00% Added +937 +937
28 Advisory Services Network, LLC 0.33% of their portfolio ATLANTA, GA 96,25096.2k $17.8m $17.8m 0.33% Reduced -27.9k -27,944
29 Fischer Financial Services, Inc. 5.50% of their portfolio HARRISBURG, PA 94,51094.5k $17.5m $17.5m 5.50% First filing
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 92,84192.8k $17.2m $17.2m 0.00% Reduced -164.5k -164,455
31 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 92,45792.5k $17.1m $17.1m 0.04% Added +3.3k +3,261
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 92,30692.3k $17.1m $17.1m 0.00% Added +5.4k +5,381
33 PFG Advisors 0.96% of their portfolio Phoenix, AZ 84,78084.8k $15.7m $15.7m 0.96% Reduced -2.1k -2,088
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 84,00484.0k $15.5m $15.5m 0.00% Reduced -1.4k -1,370
35 Armor Investment Advisors, LLC 6.09% of their portfolio RALEIGH, NC 80,12980.1k $14.8m $14.8m 6.09% Added +1.3k +1,260
36 Atria Wealth Solutions, Inc. 0.16% of their portfolio NEW YORK, NY 79,13079.1k $14.6m $14.6m 0.16% Reduced -10.9k -10,929
37 Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio SEOUL, M5 77,64077.6k $14.5m $14.5m 0.06% Reduced -20.7k -20,680
38 Eaton Financial Holdings Company, LLC 5.05% of their portfolio Coral Springs, FL 70,92070.9k $13.1m $13.1m 5.05% Added +161 +161
39 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 66,94666.9k $12.4m $12.4m 0.00% First filing
40 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 64,73764.7k $12.0m $12.0m 0.09% Added +62.0k +62,048
41 Freedom Investment Management, Inc. 0.97% of their portfolio SOUTH WINDSOR, CT 63,44563.4k $11.7m $11.7m 0.97% Added +3.8k +3,762
42 Mariner, LLC 0.02% of their portfolio Overland Park, KS 61,57861.6k $11.4m $11.4m 0.02% Added +1.8k +1,808
43 RWA WEALTH PARTNERS, LLC 0.14% of their portfolio BOSTON, MA 61,40861.4k $11.4m $11.4m 0.14% Reduced -681 -681
44 Morningstar Investment Management LLC 0.88% of their portfolio CHICAGO, IL 60,22360.2k $11.1m $11.1m 0.88% Added +9.5k +9,505
45 ATLAS CAPITAL ADVISORS INC. 1.38% of their portfolio JACKSON, WY 58,56658.6k $10.8m $10.8m 1.38% Reduced -555 -555
46 King Wealth Management Group 1.55% of their portfolio SARATOGA SPRINGS, NY 57,58057.6k $10.6m $10.6m 1.55% Reduced -278 -278
47 PRIMORIS WEALTH ADVISORS, LLC 7.55% of their portfolio North Palm Beach, FL 53,56753.6k $9.9m $9.9m 7.55% Added +25.8k +25,784
48 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 49,93349.9k $9.2m $9.2m 0.03% Reduced -1.2k -1,217
49 Yoder Wealth Management, Inc. 4.98% of their portfolio WALNUT CREEK, CA 48,72848.7k $9.0m $9.0m 4.98% Added +10.6k +10,618
50 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 48,29048.3k $8.9m $8.9m 0.01% Added +28.1k +28,087
51 Smith Salley Wealth Management 0.53% of their portfolio GREENSBORO, NC 44,76744.8k $8.3m $8.3m 0.53% Reduced -1.9k -1,876
52 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 43,67443.7k $8.1m $8.1m 0.05% Added +1.4k +1,362
53 Kraft, Davis & Associates, LLC 2.29% of their portfolio St. Louis, MO 43,14843.1k $8.0m $8.0m 2.29% Added +1.9k +1,869
54 SOUTHERN CAPITAL ADVISORS, LLC 4.30% of their portfolio Jackson, TN 42,03842.0k $7.8m $7.8m 4.30% Reduced -1.1k -1,082
55 Goldstone Financial Group, LLC 1.20% of their portfolio OAKBROOK TERRACE, IL 41,45641.5k $7.7m $7.7m 1.20% New
56 Crumly & Associates Inc. 2.06% of their portfolio SPRINGFIELD, IL 40,97741.0k $7.6m $7.6m 2.06% Reduced -687 -687
57 Exchange Capital Management, Inc. 1.11% of their portfolio Ann Arbor, MI 37,77537.8k $7.0m $7.0m 1.11% Reduced -3.4k -3,416
58 J.W. COLE ADVISORS, INC. 0.28% of their portfolio TAMPA, FL 37,69737.7k $7.0m $7.0m 0.28% Added +2.8k +2,827
59 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 1.02% of their portfolio CONCORD, MA 37,30037.3k $6.9m $6.9m 1.02% Added +2.8k +2,798
60 Snowden Capital Advisors LLC 0.21% of their portfolio New York, NY 36,90336.9k $6.8m $6.8m 0.21% Added +1.2k +1,241
61 Mowery & Schoenfeld Wealth Management, LLC 13.04% of their portfolio LINCOLNSHIRE, IL 36,28336.3k $6.7m $6.7m 13.04% Reduced -28.2k -28,198
62 Traynor Capital Management, Inc. 0.52% of their portfolio MALVERN, PA 36,06736.1k $6.7m $6.7m 0.52% Reduced -2.6k -2,580
63 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 34,38634.4k $6.3m $6.3m 0.04% Reduced -322 -322
64 Patriot Financial Group Insurance Agency, LLC 0.83% of their portfolio Westborough, MA 33,38533.4k $6.2m $6.2m 0.83% Added +360 +360
65 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 32,35732.4k $6.0m $6.0m 0.01% Added +9.5k +9,452
66 KDK Private Wealth Management, LLC 6.07% of their portfolio Houston, TX 31,63731.6k $5.8m $5.8m 6.07% First filing
67 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 31,46531.5k $5.8m $5.8m 0.01% Reduced -2.3k -2,345
68 Court Place Advisors, LLC 1.87% of their portfolio ELLICOTT CITY, MD 31,12431.1k $5.8m $5.8m 1.87% Reduced -50 -50
69 Sigma Planning Corp 0.18% of their portfolio ANN ARBOR, MI 31,04631.0k $5.7m $5.7m 0.18% Added +2.8k +2,819
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 30,58130.6k $5.7m $5.7m 0.01% Added +6.8k +6,758
71 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 30,01930.0k $5.5m $5.5m 0.01% Added +15.1k +15,114
72 Financial Perspectives, Inc 1.72% of their portfolio MINNEAPOLIS, MN 27,74927.7k $5.1m $5.1m 1.72% Added +97 +97
73 Modern Wealth Management, LLC 0.18% of their portfolio KANSAS CITY, MO 26,74026.7k $4.9m $4.9m 0.18% New
74 Beaumont Financial Advisors, LLC 0.37% of their portfolio NEEDHAM, MA 26,54426.5k $4.9m $4.9m 0.37% Added +905 +905
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,35726.4k $4.9m $4.9m 0.00% Added +22 +22
76 Aspetuck Financial Management LLC 3.64% of their portfolio WESTPORT, CT 25,29525.3k $4.7m $4.7m 3.64% First filing
77 GeoWealth Management, LLC 0.15% of their portfolio CHICAGO, IL 24,64724.6k $4.6m $4.6m 0.15% Added +1.8k +1,792
78 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 24,51624.5k $4.5m $4.5m 0.06% Reduced -1.3k -1,332
79 Claro Advisors Inc. 0.61% of their portfolio BOSTON, MA 24,41224.4k $4.5m $4.5m 0.61% Added +1.3k +1,316
80 Prospera Financial Services Inc 0.10% of their portfolio Dallas, TX 24,29424.3k $4.5m $4.5m 0.10% Reduced -847 -847
81 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 23,36123.4k $4.3m $4.3m 0.04% Reduced -1.7k -1,717
82 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 23,36123.4k $4.3m $4.3m 0.04% Reduced -1.7k -1,717
83 TRANSCEND CAPITAL ADVISORS, LLC 0.31% of their portfolio MADISON, NJ 23,27023.3k $4.3m $4.3m 0.31% Reduced -344 -344
84 Capital Planning LLC 1.10% of their portfolio BELLEVUE, WA 22,73022.7k $4.2m $4.2m 1.10% Added +2.0k +1,998
85 LYNCH & ASSOCIATES/IN 0.91% of their portfolio EVANSVILLE, IN 22,72722.7k $4.2m $4.2m 0.91% Reduced -146 -146
86 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 22,69122.7k $4.2m $4.2m 0.04% Reduced -3.1k -3,093
87 Heck Capital Advisors, LLC 0.47% of their portfolio Rhinelander, WI 22,36422.4k $4.1m $4.1m 0.47% Reduced -92 -92
88 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 22,13322.1k $4.1m $4.1m 0.07% Added +2.9k +2,918
89 WCG Wealth Advisors LLC 0.27% of their portfolio LAS VEGAS, NV 21,99422.0k $4.1m $4.1m 0.27% Added +722 +722
90 Mokosak Advisory Group, LLC 1.19% of their portfolio URBANDALE, IA 21,49121.5k $4.0m $4.0m 1.19% Reduced -537 -537
91 Apexium Financial, LP 0.24% of their portfolio Dallas, TX 21,11321.1k $3.9m $3.9m 0.24% Added +13.0k +13,014
92 CX Institutional 0.15% of their portfolio AUBURN, IN 21,05921.1k $3.9m $3.9m 0.15% Added +5.9k +5,923
93 Marotta Asset Management 0.81% of their portfolio CHARLOTTESVILLE, VA 20,94920.9k $3.9m $3.9m 0.81% Added +3.5k +3,520
94 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 20,78920.8k $3.8m $3.8m 0.04% Added +51 +51
95 MGO ONE SEVEN LLC 0.15% of their portfolio Beachwood, OH 20,76920.8k $3.8m $3.8m 0.15% Reduced -566 -566
96 Fingerlakes Wealth Management, Inc. 3.04% of their portfolio ITHACA, NY 20,38220.4k $3.8m $3.8m 3.04% Added +878 +878
97 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 20,30820.3k $3.8m $3.8m 0.00% Reduced -4.8k -4,759
98 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 19,35919.4k $3.6m $3.6m 0.12% Reduced -5 -5
99 Maxele Advisors, LLC 3.40% of their portfolio WEBSTER GROVES, MO 19,30019.3k $3.6m $3.6m 3.40% First filing
100 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 19,13319.1k $3.5m $3.5m 0.01% Reduced -436 -436