Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

547 institutional holders +38 vs Q1 2025
18,326,32818.3m shares reported held*
$3.6bnreported value*
69 new 204 added 150 reduced 31 sold out net bought ≈ $57.0m (+233.2k 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $196.33. Options: 4 managers hold calls ($9.4m notional), 3 hold puts ($2.4m).

Trends to Q2 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: 509Q2 25: 547547Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025547

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 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 24Q1 25: 243 bought or addedQ1 25: 211 cut or sold outQ2 25: 273 bought or addedQ2 25: 181 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023136182
Q4 2023194151
Q1 2024204167
Q2 2024202174
Q3 2024207182
Q4 2024233160
Q1 2025243211
Q2 2025273181

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 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 0.52Q2 25 calls: $9.4mQ2 25 puts: $2.4mQ2 25P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2024$4.3m$1.3m0.31
Q4 2024$4.3m$1.6m0.38
Q1 2025$4.1m$2.1m0.52
Q2 2025$9.4m$2.4m0.25

Biggest buyers

Kestra Advisory Services, LLC Added +159,654+159.7k
LPL Financial LLC Added +148,350+148.3k
ENVESTNET ASSET MANAGEMENT INC Added +127,232+127.2k
Steward Partners Investment Advisory, LLC Added +83,976+84.0k
SteelPeak Wealth, LLC New +71,864+71.9k
ROYAL BANK OF CANADA Added +71,754+71.8k
Lido Advisors, LLC Added +64,807+64.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +61,522+61.5k
NorthCoast Asset Management LLC Added +52,180+52.2k
ASSETMARK, INC Added +50,857+50.9k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -423,888-423.9k
BANK OF AMERICA CORP /DE/ Reduced -135,018-135.0k
PFG Advisors Sold out -86,411-86.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -83,837-83.8k
TBH Global Asset Management, LLC Reduced -82,742-82.7k
Richard Bernstein Advisors LLC Reduced -82,671-82.7k
Atria Wealth Solutions, Inc. Reduced -53,841-53.8k
Advisory Services Network, LLC Reduced -41,311-41.3k
CW Advisors, LLC Reduced -36,620-36.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -36,139-36.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.4m32.7k shares
CITADEL ADVISORS LLC Added $2.8m14.1k shares
Belvedere Trading LLC Reduced $216.9k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m10.1k shares
CITADEL ADVISORS LLC Reduced $295.8k1.5k shares
Belvedere Trading LLC Added $78.9k400 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,248,3502.2m $443.4m $443.4m 0.04% Reduced -135.0k -135,018
2 Lido Advisors, LLC 2.17% of their portfolio Los Angeles, CA 2,092,5182.1m $412.7m $412.7m 2.17% Added +64.8k +64,807
3 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 1,474,0211.5m $290.7m $290.7m 0.05% Reduced -28.6k -28,587
4 Richard Bernstein Advisors LLC 6.84% of their portfolio NEW YORK, NY 1,406,4751.4m $277.4m $277.4m 6.84% Reduced -82.7k -82,671
5 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 660,567660.6k $130.3m $130.3m 0.17% Reduced -83.8k -83,837
6 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 659,540659.5k $130.1m $130.1m 0.04% Added +127.2k +127,232
7 AGF MANAGEMENT LTD 0.55% of their portfolio TORONTO, A6 617,076617.1k $121.7m $121.7m 0.55% Added +9.1k +9,114
8 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 552,163552.2k $108.9m $108.9m 0.04% Added +148.3k +148,350
9 Kestra Investment Management, LLC 1.27% of their portfolio AUSTIN, TX 456,036456.0k $82.2m $82.2m 1.27% Added +27.8k +27,770
10 Full Sail Capital, LLC 4.34% of their portfolio OKLAHOMA CITY, OK 380,912380.9k $75.1m $75.1m 4.34% Added +15.7k +15,715
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 336,084336.1k $66.3m $66.3m 0.00% Added +7.1k +7,103
12 Kestra Advisory Services, LLC 0.30% of their portfolio AUSTIN, TX 308,500308.5k $60.8m $60.8m 0.30% Added +159.7k +159,654
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 292,925292.9k $57.8m $57.8m 0.04% Added +61.5k +61,522
14 Portfolio Strategies, Inc. 6.22% of their portfolio MONTVALE, NJ 242,337242.3k $47.8m $47.8m 6.22% Added +3.2k +3,158
15 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 205,306205.3k $40.5m $40.5m 0.12% Reduced -11.8k -11,824
16 FMR LLC 0.00% of their portfolio BOSTON, MA 176,127176.1k $34.7m $34.7m 0.00% Added +4.4k +4,405
17 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 170,659170.7k $33.7m $33.7m 0.06% Added +8.2k +8,202
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 152,748152.7k $30.1m $30.1m 0.00% Added +71.8k +71,754
19 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 137,335137.3k $27.1m $27.1m 0.01% Added +41.4k +41,389
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 135,518135.5k $26.7m $26.7m 0.00% Added +13.9k +13,927
21 Morningstar Investment Management LLC 2.09% of their portfolio CHICAGO, IL 120,949120.9k $23.9m $23.9m 2.09% Added +25.0k +25,024
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 117,420117.4k $23.2m $23.2m 0.02% Added +1.2k +1,189
23 NorthCoast Asset Management LLC 0.10% of their portfolio STAMFORD, CT 113,572113.6k $22.4m $22.4m 0.10% Added +52.2k +52,180
24 CW Advisors, LLC 0.21% of their portfolio BOSTON, MA 111,313111.3k $22.0m $22.0m 0.21% Reduced -36.6k -36,620
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 108,807108.8k $21.5m $21.5m 0.00% Added +11.8k +11,786
26 Financial Partners Group, Inc 2.97% of their portfolio Overland Park, KS 108,759108.8k $21.4m $21.4m 2.97% Added +4.7k +4,672
27 Harel Insurance Investments & Financial Services Ltd. 0.24% of their portfolio Ramat Gan, L3 104,900104.9k $20.7m $20.7m 0.24% Unchanged
28 Fischer Financial Services, Inc. 5.53% of their portfolio HARRISBURG, PA 95,34195.3k $18.8m $18.8m 5.53% Added +181 +181
29 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 89,47489.5k $17.6m $17.6m 0.03% Reduced -5.7k -5,710
30 Steward Partners Investment Advisory, LLC 0.13% of their portfolio STAMFORD, CT 86,07386.1k $17.0m $17.0m 0.13% Added +84.0k +83,976
31 Armor Investment Advisors, LLC 6.14% of their portfolio RALEIGH, NC 82,56982.6k $16.3m $16.3m 6.14% Added +845 +845
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 82,21382.2k $16.2m $16.2m 0.00% Reduced -16.0k -16,035
33 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 78,22778.2k $15.4m $15.4m 0.02% Added +47.8k +47,759
34 TBH Global Asset Management, LLC 1.10% of their portfolio Brentwood, TN 77,87377.9k $5.1m $5.1m 1.10% Reduced -82.7k -82,742
35 Eaton Financial Holdings Company, LLC 4.62% of their portfolio Coral Springs, FL 76,15176.2k $15.0m $15.0m 4.62% Added +4.7k +4,667
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 73,23173.2k $14.4m $14.4m 0.00% Reduced -32.1k -32,069
37 SteelPeak Wealth, LLC 0.55% of their portfolio WOODLAND HILLS, CA 71,86471.9k $14.2m $14.2m 0.55% New
38 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 68,22168.2k $13.5m $13.5m 0.09% Added +2.6k +2,612
39 Lifeworks Advisors, LLC 1.99% of their portfolio GRAND RAPIDS, MI 67,62467.6k $13.3m $13.3m 1.99% Added +19.2k +19,178
40 Advisory Services Network, LLC 0.22% of their portfolio ATLANTA, GA 65,12565.1k $13.4m $13.4m 0.22% Reduced -41.3k -41,311
41 Mariner, LLC 0.02% of their portfolio Overland Park, KS 63,85663.9k $12.6m $12.6m 0.02% Added +4.4k +4,440
42 Kraft, Davis & Associates, LLC 3.41% of their portfolio St. Louis, MO 60,17160.2k $12.4m $12.4m 3.41% Reduced -354 -354
43 Yoder Wealth Management, Inc. 6.17% of their portfolio WALNUT CREEK, CA 60,02760.0k $11.8m $11.8m 6.17% Added +3.6k +3,647
44 Independence Financial Advisors, LLC 4.55% of their portfolio FRANKLIN, NH 59,27659.3k $11.7m $11.7m 4.55% Reduced -1.9k -1,852
45 RWA WEALTH PARTNERS, LLC 0.15% of their portfolio BOSTON, MA 59,19059.2k $11.7m $11.7m 0.15% Reduced -1.2k -1,190
46 King Wealth Management Group 1.49% of their portfolio SARATOGA SPRINGS, NY 55,60955.6k $11.0m $11.0m 1.49% Reduced -677 -677
47 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 53,38753.4k $10.5m $10.5m 0.03% Added +3.8k +3,773
48 Freedom Investment Management, Inc. 0.84% of their portfolio SOUTH WINDSOR, CT 53,35953.4k $10.5m $10.5m 0.84% Reduced -14.9k -14,929
49 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 51,51451.5k $10.2m $10.2m 0.02% Added +50.9k +50,857
50 Atria Wealth Solutions, Inc. 0.22% of their portfolio NEW YORK, NY 50,08250.1k $9.9m $9.9m 0.22% Reduced -53.8k -53,841
51 Goldstone Financial Group, LLC 1.33% of their portfolio OAKBROOK TERRACE, IL 50,06550.1k $10.0m $10.0m 1.33% Added +2.5k +2,524
52 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 46,15046.1k $9.1m $9.1m 0.05% Added +4.3k +4,300
53 ATLAS CAPITAL ADVISORS INC. 1.11% of their portfolio JACKSON, WY 46,07946.1k $9.1m $9.1m 1.11% Reduced -7.7k -7,729
54 Smith Salley Wealth Management 0.52% of their portfolio GREENSBORO, NC 45,99046.0k $9.1m $9.1m 0.52% Added +238 +238
55 SOUTHERN CAPITAL ADVISORS, LLC 4.22% of their portfolio Jackson, TN 41,80441.8k $8.2m $8.2m 4.22% Reduced -161 -161
56 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 1.11% of their portfolio CONCORD, MA 40,74440.7k $8.0m $8.0m 1.11% Added +2.7k +2,689
57 GRIMES & Co WEALTH MANAGEMENT, LLC 0.22% of their portfolio WESTBOROUGH, MA 40,09640.1k $7.9m $7.9m 0.22% New
58 Marotta Asset Management 1.56% of their portfolio CHARLOTTESVILLE, VA 39,40339.4k $7.8m $7.8m 1.56% Added +22.0k +21,974
59 Adams Wealth Management 1.44% of their portfolio LOGAN, UT 38,32138.3k $7.6m $7.6m 1.44% Reduced -2.2k -2,184
60 CacheTech Inc. 1.39% of their portfolio LOGAN, UT 38,32138.3k $7.6m $7.6m 1.39% Reduced -2.2k -2,184
61 Traynor Capital Management, Inc. 0.52% of their portfolio MALVERN, PA 37,83437.8k $7.4m $7.4m 0.52% Added +195 +195
62 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 37,41037.4k $7.4m $7.4m 0.03% Added +10.3k +10,270
63 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 37,14337.1k $7.3m $7.3m 0.01% Added +4.9k +4,866
64 Snowden Capital Advisors LLC 0.21% of their portfolio New York, NY 35,57735.6k $7.0m $7.0m 0.21% Added +80 +80
65 J.W. COLE ADVISORS, INC. 0.15% of their portfolio TAMPA, FL 35,26535.3k $7.0m $7.0m 0.15% Added +25.6k +25,583
66 Exchange Capital Management, Inc. 1.03% of their portfolio Ann Arbor, MI 34,92734.9k $6.9m $6.9m 1.03% Reduced -1.9k -1,886
67 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.48% of their portfolio NEW YORK, NY 34,60234.6k $6.8m $6.8m 0.48% Added +4.9k +4,938
68 PRIMORIS WEALTH ADVISORS, LLC 4.60% of their portfolio North Palm Beach, FL 34,16834.2k $6.7m $6.7m 4.60% Added +3.9k +3,856
69 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 33,70533.7k $6.6m $6.6m 0.01% Added +2.8k +2,841
70 Crumly & Associates Inc. 1.61% of their portfolio SPRINGFIELD, IL 33,57833.6k $6.6m $6.6m 1.61% Reduced -6.7k -6,695
71 Patriot Financial Group Insurance Agency, LLC 0.75% of their portfolio Westborough, MA 33,20433.2k $6.5m $6.5m 0.75% Added +528 +528
72 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 33,14333.1k $6.5m $6.5m 0.04% Added +243 +243
73 CX Institutional 0.23% of their portfolio AUBURN, IN 33,00833.0k $6.5m $6.5m 0.23% Added +5.8k +5,760
74 PRINCIPAL SECURITIES, INC. 0.12% of their portfolio DES MOINES, IA 31,32431.3k $6.2m $6.2m 0.12% Added +25.4k +25,450
75 Court Place Advisors, LLC 1.91% of their portfolio ELLICOTT CITY, MD 30,81930.8k $6.1m $6.1m 1.91% Reduced -425 -425
76 Claro Advisors Inc. 1.00% of their portfolio BOSTON, MA 30,80630.8k $6.1m $6.1m 1.00% Added +4.3k +4,343
77 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 30,55330.6k $6.0m $6.0m 0.01% Added +3.6k +3,635
78 KDK Private Wealth Management, LLC 6.39% of their portfolio Houston, TX 30,36230.4k $6.0m $6.0m 6.39% Reduced -1.1k -1,070
79 Sigma Planning Corp 0.18% of their portfolio ANN ARBOR, MI 30,16430.2k $5.9m $5.9m 0.18% Added +1.4k +1,410
80 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 28,64328.6k $5.6m $5.6m 0.01% New
81 Financial Perspectives, Inc 1.70% of their portfolio MINNEAPOLIS, MN 28,45428.5k $5.6m $5.6m 1.70% Added +312 +312
82 Modern Wealth Management, LLC 0.14% of their portfolio KANSAS CITY, MO 28,20828.2k $5.6m $5.6m 0.14% Added +1.1k +1,086
83 Aspetuck Financial Management LLC 3.94% of their portfolio WESTPORT, CT 26,49126.5k $5.2m $5.2m 3.94% Added +91 +91
84 Apexium Financial, LP 0.28% of their portfolio Dallas, TX 26,29526.3k $5.2m $5.2m 0.28% Reduced -5.4k -5,367
85 Beaumont Financial Advisors, LLC 0.37% of their portfolio NEEDHAM, MA 26,14526.1k $5.2m $5.2m 0.37% Added +9.1k +9,051
86 LYNCH & ASSOCIATES/IN 0.97% of their portfolio EVANSVILLE, IN 24,51824.5k $4.8m $4.8m 0.97% Added +960 +960
87 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 24,45324.5k $4.9m $4.9m 0.01% Reduced -3.0k -3,037
88 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 24,23324.2k $4.8m $4.8m 0.07% Added +1.2k +1,229
89 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 23,84623.8k $4.7m $4.7m 0.04% Reduced -1.9k -1,861
90 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 23,57023.6k $4.6m $4.6m 0.00% Added +523 +523
91 Capital Planning LLC 1.44% of their portfolio BELLEVUE, WA 23,18123.2k $4.6m $4.6m 1.44% Added +160 +160
92 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 22,99023.0k $4.5m $4.5m 0.02% Reduced -7.6k -7,630
93 Heck Capital Advisors, LLC 0.39% of their portfolio Rhinelander, WI 22,97123.0k $4.5m $4.5m 0.39% Added +379 +379
94 Prospera Financial Services Inc 0.08% of their portfolio Dallas, TX 21,89021.9k $4.3m $4.3m 0.08% Reduced -1.1k -1,086
95 Mowery & Schoenfeld Wealth Management, LLC 6.75% of their portfolio LINCOLNSHIRE, IL 21,16821.2k $4.2m $4.2m 6.75% Reduced -4.5k -4,459
96 MGO ONE SEVEN LLC 0.13% of their portfolio Beachwood, OH 20,94620.9k $4.1m $4.1m 0.13% Added +475 +475
97 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 20,87720.9k $4.1m $4.1m 0.04% Reduced -452 -452
98 Fingerlakes Wealth Management, Inc. 3.01% of their portfolio ITHACA, NY 20,42420.4k $4.0m $4.0m 3.01% Reduced -515 -515
99 Mokosak Advisory Group, LLC 1.13% of their portfolio URBANDALE, IA 20,30720.3k $4.0m $4.0m 1.13% Added +191 +191
100 Arkadios Wealth Advisors 0.12% of their portfolio ATLANTA, GA 20,28320.3k $4.0m $4.0m 0.12% Added +221 +221