Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

509 institutional holders -2 vs Q4 2024
18,161,66418.2m shares reported held*
$2.9bnreported value*
51 new 192 added 159 reduced 52 sold out net sold ≈ $323.5m (-1.9m 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 ($76.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $160.37. Options: 4 managers hold calls ($4.1m notional), 3 hold puts ($2.1m).

Trends to Q1 2025

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: 511Q1 25: 509509Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022299
Q4 2022324
Q1 2023335
Q2 2023374
Q3 2023372
Q4 2023420
Q1 2024429
Q2 2024435
Q3 2024448
Q4 2024511
Q1 2025509

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 24Q4 24: 233 bought or addedQ4 24: 160 cut or sold outQ1 25: 243 bought or addedQ1 25: 211 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023183149
Q3 2023136182
Q4 2023194151
Q1 2024204167
Q2 2024202174
Q3 2024207182
Q4 2024233160
Q1 2025243211

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 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 0.38Q1 25 calls: $4.1mQ1 25 puts: $2.1mQ1 25P/C 0.52
Numbers
QuarterCallsPutsP/C
Q2 2024$3.3m$1.0m0.32
Q3 2024$4.3m$1.3m0.31
Q4 2024$4.3m$1.6m0.38
Q1 2025$4.1m$2.1m0.52

Biggest buyers

Kestra Investment Management, LLC Added +236,047+236.0k
TWO SIGMA INVESTMENTS, LP Added +235,100+235.1k
TBH Global Asset Management, LLC Added +151,950+151.9k
Harel Insurance Investments & Financial Services Ltd. New +104,900+104.9k
Lido Advisors, LLC Added +76,670+76.7k
Adams Wealth Management New +40,505+40.5k
CacheTech Inc. New +40,505+40.5k
Morningstar Investment Management LLC Added +35,702+35.7k
Lifeworks Advisors, LLC Added +30,492+30.5k
RAYMOND JAMES FINANCIAL INC Added +29,000+29.0k

Biggest sellers

CHURCHILL MANAGEMENT Corp Sold out -1,291,314-1.3m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -689,965-690.0k
SteelPeak Wealth, LLC Sold out -287,134-287.1k
BANK OF AMERICA CORP /DE/ Reduced -183,739-183.7k
NorthCoast Asset Management LLC Reduced -118,066-118.1k
VICUS CAPITAL Reduced -111,659-111.7k
AMERIPRISE FINANCIAL INC Reduced -111,421-111.4k
Richard Bernstein Advisors LLC Reduced -73,233-73.2k
Mirae Asset Global Investments Co., Ltd. Reduced -47,020-47.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -37,055-37.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m13.0k shares
CITADEL ADVISORS LLC Added $1.7m10.6k shares
Belvedere Trading LLC New $258.0k1.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.7m10.5k shares
CITADEL ADVISORS LLC Added $387.0k2.4k shares
Belvedere Trading LLC New $32.3k200 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,383,3682.4m $384.4m $384.4m 0.03% Reduced -183.7k -183,739
2 Lido Advisors, LLC 1.93% of their portfolio Los Angeles, CA 2,027,7112.0m $327.0m $327.0m 1.93% Added +76.7k +76,670
3 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 1,502,6081.5m $242.3m $242.3m 0.05% Reduced -690.0k -689,965
4 Richard Bernstein Advisors LLC 5.81% of their portfolio NEW YORK, NY 1,489,1461.5m $240.2m $240.2m 5.81% Reduced -73.2k -73,233
5 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 744,404744.4k $120.0m $120.0m 0.17% Reduced -37.1k -37,055
6 AGF MANAGEMENT LTD 0.52% of their portfolio TORONTO, A6 607,962608.0k $98.0m $98.0m 0.52% Added +16.6k +16,619
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 532,308532.3k $85.8m $85.8m 0.03% Reduced -34.7k -34,733
8 Kestra Investment Management, LLC 1.19% of their portfolio AUSTIN, TX 428,266428.3k $69.1m $69.1m 1.19% Added +236.0k +236,047
9 TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio NEW YORK, NY 423,888423.9k $68.4m $68.4m 0.15% Added +235.1k +235,100
10 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 403,813403.8k $65.1m $65.1m 0.03% Added +15.2k +15,205
11 Full Sail Capital, LLC 3.81% of their portfolio OKLAHOMA CITY, OK 365,197365.2k $58.9m $58.9m 3.81% Reduced -27.3k -27,298
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 328,981329.0k $53.1m $53.1m 0.00% Added +486 +486
13 Portfolio Strategies, Inc. 5.97% of their portfolio MONTVALE, NJ 239,179239.2k $38.6m $38.6m 5.97% Added +1.3k +1,342
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 231,403231.4k $37.3m $37.3m 0.03% Reduced -20.8k -20,766
15 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 217,130217.1k $35.0m $35.0m 0.12% Added +28.5k +28,454
16 FMR LLC 0.00% of their portfolio BOSTON, MA 171,722171.7k $27.7m $27.7m 0.00% Added +8.5k +8,531
17 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 162,457162.5k $26.2m $26.2m 0.06% Added +27.9k +27,897
18 TBH Global Asset Management, LLC 1.62% of their portfolio Brentwood, TN 160,615160.6k $8.4m $8.4m 1.62% Added +151.9k +151,950
19 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 148,846148.8k $24.0m $24.0m 0.12% Reduced -15.9k -15,888
20 CW Advisors, LLC 0.29% of their portfolio BOSTON, MA 147,933147.9k $23.9m $23.9m 0.29% Added +162 +162
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 121,591121.6k $19.6m $19.6m 0.00% Added +28.8k +28,750
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 116,231116.2k $18.7m $18.7m 0.02% Reduced -4.1k -4,114
23 Advisory Services Network, LLC 0.33% of their portfolio ATLANTA, GA 106,436106.4k $17.2m $17.2m 0.33% Added +10.2k +10,186
24 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 105,300105.3k $17.0m $17.0m 0.00% Reduced -111.4k -111,421
25 Harel Insurance Investments & Financial Services Ltd. 0.22% of their portfolio Ramat Gan, L3 104,900104.9k $16.9m $16.9m 0.22% New
26 Financial Partners Group, Inc 2.59% of their portfolio Overland Park, KS 104,087104.1k $16.8m $16.8m 2.59% Reduced -732 -732
27 Atria Wealth Solutions, Inc. 0.20% of their portfolio NEW YORK, NY 103,923103.9k $16.8m $16.8m 0.20% Added +24.8k +24,793
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 98,24898.2k $15.8m $15.8m 0.00% Added +115 +115
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 97,02197.0k $15.6m $15.6m 0.00% Added +4.7k +4,715
30 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 95,94695.9k $15.5m $15.5m 0.01% Added +29.0k +29,000
31 Morningstar Investment Management LLC 1.32% of their portfolio CHICAGO, IL 95,92595.9k $15.5m $15.5m 1.32% Added +35.7k +35,702
32 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 95,18495.2k $15.4m $15.4m 0.03% Added +2.7k +2,727
33 Fischer Financial Services, Inc. 4.94% of their portfolio HARRISBURG, PA 95,16095.2k $15.3m $15.3m 4.94% Added +650 +650
34 PFG Advisors 0.78% of their portfolio Phoenix, AZ 86,41186.4k $13.9m $13.9m 0.78% Added +1.6k +1,631
35 Armor Investment Advisors, LLC 5.45% of their portfolio RALEIGH, NC 81,72481.7k $13.2m $13.2m 5.45% Added +1.6k +1,595
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 80,99481.0k $13.1m $13.1m 0.00% Reduced -3.0k -3,010
37 Eaton Financial Holdings Company, LLC 4.79% of their portfolio Coral Springs, FL 71,48471.5k $11.5m $11.5m 4.79% Added +564 +564
38 Freedom Investment Management, Inc. 0.92% of their portfolio SOUTH WINDSOR, CT 68,28868.3k $11.0m $11.0m 0.92% Added +4.8k +4,843
39 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 65,60965.6k $10.6m $10.6m 0.08% Added +872 +872
40 NorthCoast Asset Management LLC 0.05% of their portfolio STAMFORD, CT 61,39261.4k $9.9m $9.9m 0.05% Reduced -118.1k -118,066
41 Independence Financial Advisors, LLC 3.75% of their portfolio FRANKLIN, NH 61,12861.1k $9.9m $9.9m 3.75% First filing
42 Kraft, Davis & Associates, LLC 2.92% of their portfolio St. Louis, MO 60,52560.5k $9.0m $9.0m 2.92% Added +17.4k +17,377
43 RWA WEALTH PARTNERS, LLC 0.12% of their portfolio BOSTON, MA 60,38060.4k $9.7m $9.7m 0.12% Reduced -1.0k -1,028
44 Mariner, LLC 0.02% of their portfolio Overland Park, KS 59,41659.4k $9.6m $9.6m 0.02% Reduced -2.2k -2,162
45 Yoder Wealth Management, Inc. 5.12% of their portfolio WALNUT CREEK, CA 56,38056.4k $9.1m $9.1m 5.12% Added +7.7k +7,652
46 King Wealth Management Group 1.38% of their portfolio SARATOGA SPRINGS, NY 56,28656.3k $9.1m $9.1m 1.38% Reduced -1.3k -1,294
47 ATLAS CAPITAL ADVISORS INC. 1.08% of their portfolio JACKSON, WY 53,80853.8k $8.7m $8.7m 1.08% Reduced -4.8k -4,758
48 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 49,61449.6k $8.0m $8.0m 0.03% Reduced -319 -319
49 Lifeworks Advisors, LLC 1.30% of their portfolio GRAND RAPIDS, MI 48,44648.4k $7.8m $7.8m 1.30% Added +30.5k +30,492
50 Goldstone Financial Group, LLC 1.16% of their portfolio OAKBROOK TERRACE, IL 47,54147.5k $7.7m $7.7m 1.16% Added +6.1k +6,085
51 Smith Salley Wealth Management 0.48% of their portfolio GREENSBORO, NC 45,75245.8k $7.4m $7.4m 0.48% Added +985 +985
52 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 44,69044.7k $7.8m $7.8m 0.04% Added +21.3k +21,329
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 42,45542.5k $6.8m $6.8m 0.01% Added +12.4k +12,436
54 SOUTHERN CAPITAL ADVISORS, LLC 3.75% of their portfolio Jackson, TN 41,96542.0k $6.8m $6.8m 3.75% Reduced -73 -73
55 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 41,85041.9k $6.7m $6.7m 0.04% Reduced -1.8k -1,824
56 Adams Wealth Management 1.28% of their portfolio LOGAN, UT 40,50540.5k $6.5m $6.5m 1.28% New
57 CacheTech Inc. 1.27% of their portfolio LOGAN, UT 40,50540.5k $6.5m $6.5m 1.27% New
58 Crumly & Associates Inc. 1.79% of their portfolio SPRINGFIELD, IL 40,27340.3k $6.5m $6.5m 1.79% Reduced -704 -704
59 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.94% of their portfolio CONCORD, MA 38,05538.1k $6.1m $6.1m 0.94% Added +755 +755
60 Traynor Capital Management, Inc. 0.51% of their portfolio MALVERN, PA 37,63937.6k $6.1m $6.1m 0.51% Added +1.6k +1,572
61 Exchange Capital Management, Inc. 0.96% of their portfolio Ann Arbor, MI 36,81336.8k $5.9m $5.9m 0.96% Reduced -962 -962
62 Snowden Capital Advisors LLC 0.18% of their portfolio New York, NY 35,49735.5k $5.7m $5.7m 0.18% Reduced -1.4k -1,406
63 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 32,90032.9k $5.3m $5.3m 0.04% Reduced -1.5k -1,486
64 Patriot Financial Group Insurance Agency, LLC 0.71% of their portfolio Westborough, MA 32,67632.7k $5.3m $5.3m 0.71% Reduced -709 -709
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 32,27732.3k $5.2m $5.2m 0.00% Added +5.9k +5,920
66 Apexium Financial, LP 0.30% of their portfolio Dallas, TX 31,66231.7k $5.1m $5.1m 0.30% Added +10.5k +10,549
67 KDK Private Wealth Management, LLC 5.77% of their portfolio Houston, TX 31,43231.4k $5.1m $5.1m 5.77% Reduced -205 -205
68 Court Place Advisors, LLC 1.67% of their portfolio ELLICOTT CITY, MD 31,24431.2k $5.0m $5.0m 1.67% Added +120 +120
69 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 30,86430.9k $5.0m $5.0m 0.00% Reduced -1.5k -1,493
70 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 30,62030.6k $4.9m $4.9m 0.02% Reduced -47.0k -47,020
71 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 30,46830.5k $4.9m $4.9m 0.01% Reduced -997 -997
72 PRIMORIS WEALTH ADVISORS, LLC 3.78% of their portfolio North Palm Beach, FL 30,31230.3k $4.9m $4.9m 3.78% Reduced -23.3k -23,255
73 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.35% of their portfolio NEW YORK, NY 29,66429.7k $4.8m $4.8m 0.35% Added +14.4k +14,367
74 Sigma Planning Corp 0.15% of their portfolio ANN ARBOR, MI 28,75428.8k $4.6m $4.6m 0.15% Reduced -2.3k -2,292
75 Financial Perspectives, Inc 1.55% of their portfolio MINNEAPOLIS, MN 28,14228.1k $4.5m $4.5m 1.55% Added +393 +393
76 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 27,49027.5k $4.4m $4.4m 0.01% Reduced -3.1k -3,091
77 CX Institutional 0.17% of their portfolio AUBURN, IN 27,24827.2k $4.4m $4.4m 0.17% Added +6.2k +6,189
78 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 27,14027.1k $4.4m $4.4m 0.03% Added +6.4k +6,351
79 Modern Wealth Management, LLC 0.14% of their portfolio KANSAS CITY, MO 27,12227.1k $4.4m $4.4m 0.14% Added +382 +382
80 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 26,91826.9k $4.3m $4.3m 0.01% Reduced -21.4k -21,372
81 Claro Advisors Inc. 0.57% of their portfolio BOSTON, MA 26,46326.5k $4.3m $4.3m 0.57% Added +2.1k +2,051
82 Aspetuck Financial Management LLC 3.66% of their portfolio WESTPORT, CT 26,40026.4k $4.3m $4.3m 3.66% Added +1.1k +1,105
83 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 25,70725.7k $4.1m $4.1m 0.04% Added +3.0k +3,016
84 Mowery & Schoenfeld Wealth Management, LLC 8.10% of their portfolio LINCOLNSHIRE, IL 25,62725.6k $4.1m $4.1m 8.10% Reduced -10.7k -10,656
85 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 23,76623.8k $3.8m $3.8m 0.01% New
86 LYNCH & ASSOCIATES/IN 0.82% of their portfolio EVANSVILLE, IN 23,55823.6k $3.8m $3.8m 0.82% Added +831 +831
87 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 23,04723.0k $3.7m $3.7m 0.00% Added +2.7k +2,739
88 Capital Planning LLC 1.04% of their portfolio BELLEVUE, WA 23,02123.0k $3.7m $3.7m 1.04% Added +291 +291
89 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 23,00423.0k $3.7m $3.7m 0.06% Added +871 +871
90 Prospera Financial Services Inc 0.09% of their portfolio Dallas, TX 22,97623.0k $3.7m $3.7m 0.09% Reduced -1.3k -1,318
91 Heck Capital Advisors, LLC 0.41% of their portfolio Rhinelander, WI 22,59222.6k $3.6m $3.6m 0.41% Added +228 +228
92 TRANSCEND CAPITAL ADVISORS, LLC 0.26% of their portfolio MADISON, NJ 22,51022.5k $3.6m $3.6m 0.26% Reduced -760 -760
93 WCG Wealth Advisors LLC 0.26% of their portfolio LAS VEGAS, NV 21,47121.5k $3.5m $3.5m 0.26% Reduced -523 -523
94 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 21,32921.3k $3.4m $3.4m 0.03% Reduced -2.0k -2,032
95 Fingerlakes Wealth Management, Inc. 2.87% of their portfolio ITHACA, NY 20,93920.9k $3.4m $3.4m 2.87% Added +557 +557
96 MGO ONE SEVEN LLC 0.13% of their portfolio Beachwood, OH 20,47120.5k $3.3m $3.3m 0.13% Reduced -298 -298
97 Mokosak Advisory Group, LLC 1.00% of their portfolio URBANDALE, IA 20,11620.1k $3.2m $3.2m 1.00% Reduced -1.4k -1,375
98 Arkadios Wealth Advisors 0.12% of their portfolio ATLANTA, GA 20,06220.1k $3.2m $3.2m 0.12% Added +6.8k +6,796
99 Chicago Partners Investment Group LLC 0.11% of their portfolio CHICAGO, IL 19,43319.4k $3.3m $3.3m 0.11% Added +74 +74
100 Maxele Advisors, LLC 2.98% of their portfolio WEBSTER GROVES, MO 19,13319.1k $3.1m $3.1m 2.98% Reduced -167 -167