Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

565 institutional holders +18 vs Q2 2025
18,825,34118.8m shares reported held*
$4.2bnreported value*
51 new 199 added 162 reduced 24 sold out net bought ≈ $180.2m (+768.8k 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $222.53. Options: 4 managers hold calls ($9.4m notional), 3 hold puts ($2.4m).

Trends to Q3 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: 547Q3 25: 565565Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025565

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 273 bought or addedQ2 25: 181 cut or sold outQ3 25: 250 bought or addedQ3 25: 186 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023194151
Q1 2024204167
Q2 2024202174
Q3 2024207182
Q4 2024233160
Q1 2025243211
Q2 2025273181
Q3 2025250186

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ4 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 0.25Q3 25 calls: $9.4mQ3 25 puts: $2.4mQ3 25P/C 0.25
Numbers
QuarterCallsPutsP/C
Q4 2024$4.3m$1.6m0.38
Q1 2025$4.1m$2.1m0.52
Q2 2025$9.4m$2.4m0.25
Q3 2025$9.4m$2.4m0.25

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV Added +471,653+471.7k
JPMORGAN CHASE & CO Added +151,154+151.2k
OSAIC HOLDINGS, INC. Added +124,419+124.4k
PFG Advisors New +100,662+100.7k
AGF MANAGEMENT LTD Added +72,848+72.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +58,076+58.1k
LPL Financial LLC Added +56,699+56.7k
PRINCIPAL SECURITIES, INC. Added +55,328+55.3k
Summit Financial, LLC Added +35,993+36.0k
Mutual Advisors, LLC Added +35,034+35.0k

Biggest sellers

Kestra Investment Management, LLC Reduced -192,786-192.8k
ROYAL BANK OF CANADA Reduced -73,382-73.4k
BANK OF AMERICA CORP /DE/ Reduced -73,146-73.1k
SteelPeak Wealth, LLC Reduced -68,970-69.0k
TBH Global Asset Management, LLC Reduced -63,792-63.8k
Freedom Investment Management, Inc. Sold out -53,359-53.4k
Richard Bernstein Advisors LLC Reduced -44,286-44.3k
Patriot Financial Group Insurance Agency, LLC Sold out -33,204-33.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -32,931-32.9k
MARSHALL WACE, LLP Sold out -28,643-28.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m25.4k shares
CITADEL ADVISORS LLC Reduced $2.0m9.0k shares
JANE STREET GROUP, LLC New $1.5m6.7k shares
WOLVERINE TRADING, LLC New $309.6k1.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m4.8k shares
CITADEL ADVISORS LLC Added $1.0m4.6k shares
JANE STREET GROUP, LLC New $266.6k1.2k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,175,2042.2m $483.3m $483.3m 0.04% Reduced -73.1k -73,146
2 Lido Advisors, LLC 1.91% of their portfolio Los Angeles, CA 2,095,6002.1m $465.6m $465.6m 1.91% Added +3.1k +3,082
3 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 1,441,0901.4m $320.2m $320.2m 0.05% Reduced -32.9k -32,931
4 Richard Bernstein Advisors LLC 8.88% of their portfolio NEW YORK, NY 1,362,1891.4m $311.2m $311.2m 8.88% Reduced -44.3k -44,286
5 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 718,643718.6k $159.7m $159.7m 0.21% Added +58.1k +58,076
6 AGF MANAGEMENT LTD 0.67% of their portfolio TORONTO, A6 689,924689.9k $153.3m $153.3m 0.67% Added +72.8k +72,848
7 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 678,339678.3k $150.7m $150.7m 0.04% Added +18.8k +18,799
8 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 608,862608.9k $135.3m $135.3m 0.04% Added +56.7k +56,699
9 MERCER GLOBAL ADVISORS INC /ADV 0.18% of their portfolio DENVER, CO 479,401479.4k $106.5m $106.5m 0.18% Added +471.7k +471,653
10 Full Sail Capital, LLC 4.32% of their portfolio OKLAHOMA CITY, OK 352,480352.5k $78.3m $78.3m 4.32% Reduced -28.4k -28,432
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 342,605342.6k $76.1m $76.1m 0.00% Added +6.5k +6,521
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 305,684305.7k $67.9m $67.9m 0.05% Added +12.8k +12,759
13 Kestra Advisory Services, LLC 0.31% of their portfolio AUSTIN, TX 301,134301.1k $66.9m $66.9m 0.31% Reduced -7.4k -7,366
14 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 295,078295.1k $64.6m $64.6m 0.09% Added +124.4k +124,419
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 286,672286.7k $63.7m $63.7m 0.00% Added +151.2k +151,154
16 Kestra Investment Management, LLC 1.57% of their portfolio AUSTIN, TX 263,250263.2k $58.5m $58.5m 1.57% Reduced -192.8k -192,786
17 Portfolio Strategies, Inc. 6.16% of their portfolio MONTVALE, NJ 238,731238.7k $53.0m $53.0m 6.16% Reduced -3.6k -3,606
18 Cambridge Investment Research Advisors, Inc. 0.13% of their portfolio FAIRFIELD, IA 213,515213.5k $47.4m $47.4m 0.13% Added +8.2k +8,209
19 FMR LLC 0.00% of their portfolio BOSTON, MA 180,146180.1k $40.0m $40.0m 0.00% Added +4.0k +4,019
20 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 170,761170.8k $37.9m $37.9m 0.01% Added +33.4k +33,426
21 NorthCoast Asset Management LLC 0.12% of their portfolio STAMFORD, CT 142,224142.2k $31.6m $31.6m 0.12% Added +28.7k +28,652
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 116,810116.8k $26.0m $26.0m 0.02% Reduced -610 -610
23 Morningstar Investment Management LLC 0.90% of their portfolio CHICAGO, IL 110,357110.4k $24.5m $24.5m 0.90% Reduced -10.6k -10,592
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 109,347109.3k $24.3m $24.3m 0.00% Added +540 +540
25 Financial Partners Group, Inc 3.00% of their portfolio Overland Park, KS 108,445108.4k $24.1m $24.1m 3.00% Reduced -314 -314
26 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 106,127106.1k $23.6m $23.6m 0.03% Added +16.7k +16,653
27 Harel Insurance Investments & Financial Services Ltd. 0.21% of their portfolio Ramat Gan, L3 104,900104.9k $23.3m $23.3m 0.21% Unchanged
28 PFG Advisors 0.92% of their portfolio Phoenix, AZ 100,662100.7k $22.4m $22.4m 0.92% New
29 Steward Partners Investment Advisory, LLC 0.12% of their portfolio STAMFORD, CT 96,16196.2k $21.4m $21.4m 0.12% Added +10.1k +10,088
30 Eaton Financial Holdings Company, LLC 5.56% of their portfolio Coral Springs, FL 88,87288.9k $19.7m $19.7m 5.56% Added +12.7k +12,721
31 PRINCIPAL SECURITIES, INC. 0.32% of their portfolio DES MOINES, IA 86,65286.7k $19.3m $19.3m 0.32% Added +55.3k +55,328
32 Fischer Financial Services, Inc. 5.14% of their portfolio HARRISBURG, PA 85,93785.9k $19.1m $19.1m 5.14% Reduced -9.4k -9,404
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 81,95582.0k $18.2m $18.2m 0.00% Reduced -258 -258
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 79,36679.4k $17.6m $17.6m 0.00% Reduced -73.4k -73,382
35 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 79,17279.2k $17.6m $17.6m 0.02% Added +945 +945
36 Independence Financial Advisors, LLC 5.28% of their portfolio FRANKLIN, NH 78,03578.0k $17.3m $17.3m 5.28% Added +18.8k +18,759
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 77,83577.8k $17.3m $17.3m 0.00% Added +4.6k +4,604
38 Armor Investment Advisors, LLC 5.25% of their portfolio RALEIGH, NC 74,55074.5k $16.6m $16.6m 5.25% Reduced -8.0k -8,019
39 Lifeworks Advisors, LLC 2.14% of their portfolio GRAND RAPIDS, MI 71,71871.7k $15.9m $15.9m 2.14% Added +4.1k +4,094
40 Yoder Wealth Management, Inc. 7.28% of their portfolio WALNUT CREEK, CA 69,25569.3k $15.4m $15.4m 7.28% Added +9.2k +9,228
41 MAI Capital Management 0.10% of their portfolio INDEPENDENCE, OH 68,52668.5k $15.2m $15.2m 0.10% Added +305 +305
42 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 65,81165.8k $12.6m $12.6m 0.04% Added +32.7k +32,668
43 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 65,11765.1k $14.5m $14.5m 0.07% Added +19.0k +18,967
44 Advisory Services Network, LLC 0.21% of their portfolio ATLANTA, GA 63,20363.2k $14.0m $14.0m 0.21% Reduced -1.9k -1,922
45 Mariner, LLC 0.02% of their portfolio Overland Park, KS 60,80660.8k $13.5m $13.5m 0.02% Reduced -3.0k -3,050
46 Kraft, Davis & Associates, LLC 3.33% of their portfolio St. Louis, MO 60,28560.3k $13.7m $13.7m 3.33% Added +114 +114
47 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 58,99159.0k $13.1m $13.1m 0.03% Added +7.5k +7,477
48 RWA WEALTH PARTNERS, LLC 0.14% of their portfolio BOSTON, MA 54,79554.8k $12.2m $12.2m 0.14% Reduced -4.4k -4,395
49 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 54,21354.2k $12.0m $12.0m 0.03% Added +826 +826
50 King Wealth Management Group 1.51% of their portfolio SARATOGA SPRINGS, NY 53,93553.9k $12.0m $12.0m 1.51% Reduced -1.7k -1,674
51 PRIMORIS WEALTH ADVISORS, LLC 7.51% of their portfolio North Palm Beach, FL 53,15553.2k $11.8m $11.8m 7.51% Added +19.0k +18,987
52 Summit Financial, LLC 0.18% of their portfolio PARSIPPANY, NJ 52,51352.5k $11.7m $11.7m 0.18% Added +36.0k +35,993
53 Goldstone Financial Group, LLC 1.33% of their portfolio OAKBROOK TERRACE, IL 50,44450.4k $11.2m $11.2m 1.33% Added +379 +379
54 Smith Salley Wealth Management 0.52% of their portfolio GREENSBORO, NC 45,54445.5k $10.1m $10.1m 0.52% Reduced -446 -446
55 Mutual Advisors, LLC 0.22% of their portfolio OMAHA, NE 44,36844.4k $10.1m $10.1m 0.22% Added +35.0k +35,034
56 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 1.12% of their portfolio CONCORD, MA 42,53742.5k $9.5m $9.5m 1.12% Added +1.8k +1,793
57 SOUTHERN CAPITAL ADVISORS, LLC 4.30% of their portfolio Jackson, TN 41,27141.3k $9.2m $9.2m 4.30% Reduced -533 -533
58 GRIMES & Co WEALTH MANAGEMENT, LLC 0.21% of their portfolio WESTBOROUGH, MA 38,96139.0k $8.7m $8.7m 0.21% Reduced -1.1k -1,135
59 Traynor Capital Management, Inc. 0.48% of their portfolio MALVERN, PA 37,99638.0k $8.4m $8.4m 0.48% Added +162 +162
60 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 37,84037.8k $8.4m $8.4m 0.01% Added +697 +697
61 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 35,53435.5k $7.9m $7.9m 0.02% Reduced -1.9k -1,876
62 J.W. COLE ADVISORS, INC. 0.15% of their portfolio TAMPA, FL 34,94834.9k $7.8m $7.8m 0.15% Reduced -317 -317
63 Marotta Asset Management 1.43% of their portfolio CHARLOTTESVILLE, VA 34,03734.0k $7.6m $7.6m 1.43% Reduced -5.4k -5,366
64 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 34,02534.0k $7.6m $7.6m 0.01% Added +320 +320
65 Crumly & Associates Inc. 1.65% of their portfolio SPRINGFIELD, IL 33,92533.9k $7.5m $7.5m 1.65% Added +347 +347
66 Snowden Capital Advisors LLC 0.20% of their portfolio New York, NY 33,43333.4k $7.4m $7.4m 0.20% Reduced -2.1k -2,144
67 Sigma Planning Corp 0.21% of their portfolio ANN ARBOR, MI 33,27033.3k $7.4m $7.4m 0.21% Added +3.1k +3,106
68 Claro Advisors Inc. 1.07% of their portfolio BOSTON, MA 33,07533.1k $7.3m $7.3m 1.07% Added +2.3k +2,269
69 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.47% of their portfolio NEW YORK, NY 31,01431.0k $6.9m $6.9m 0.47% Reduced -3.6k -3,588
70 Court Place Advisors, LLC 2.06% of their portfolio ELLICOTT CITY, MD 30,83930.8k $6.9m $6.9m 2.06% Added +20 +20
71 Adams Wealth Management 1.47% of their portfolio LOGAN, UT 30,81230.8k $6.8m $6.8m 1.47% Reduced -7.5k -7,509
72 CacheTech Inc. 1.38% of their portfolio LOGAN, UT 30,81230.8k $6.8m $6.8m 1.38% Reduced -7.5k -7,509
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 30,07230.1k $6.7m $6.7m 0.01% Added +23.8k +23,756
74 CX Institutional 0.20% of their portfolio AUBURN, IN 29,41429.4k $6.5m $6.5m 0.20% Reduced -3.6k -3,594
75 KDK Private Wealth Management, LLC 6.62% of their portfolio Houston, TX 29,37729.4k $6.5m $6.5m 6.62% Reduced -985 -985
76 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 28,86828.9k $6.4m $6.4m 0.01% Reduced -1.7k -1,685
77 Financial Perspectives, Inc 1.76% of their portfolio MINNEAPOLIS, MN 28,52528.5k $6.3m $6.3m 1.76% Added +71 +71
78 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 26,53426.5k $6.0m $6.0m 0.01% Added +2.1k +2,081
79 Aspetuck Financial Management LLC 4.03% of their portfolio WESTPORT, CT 26,47726.5k $5.9m $5.9m 4.03% Reduced -14 -14
80 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 25,11925.1k $5.6m $5.6m 0.07% Added +886 +886
81 Apexium Financial, LP 0.27% of their portfolio Dallas, TX 25,11425.1k $5.6m $5.6m 0.27% Reduced -1.2k -1,181
82 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 23,97724.0k $5.3m $5.3m 0.04% Added +131 +131
83 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 23,90723.9k $5.3m $5.3m 0.00% Added +337 +337
84 Beaumont Financial Advisors, LLC 0.35% of their portfolio NEEDHAM, MA 23,79023.8k $5.3m $5.3m 0.35% Reduced -2.4k -2,355
85 LYNCH & ASSOCIATES/IN 1.02% of their portfolio EVANSVILLE, IN 23,68223.7k $5.3m $5.3m 1.02% Reduced -836 -836
86 Capital Planning LLC 1.52% of their portfolio BELLEVUE, WA 23,47523.5k $5.2m $5.2m 1.52% Added +294 +294
87 BRIGHTON JONES LLC 0.12% of their portfolio SEATTLE, WA 23,24823.2k $5.2m $5.2m 0.12% Added +6.2k +6,190
88 Heck Capital Advisors, LLC 0.40% of their portfolio Rhinelander, WI 23,05223.1k $5.1m $5.1m 0.40% Added +81 +81
89 Mowery & Schoenfeld Wealth Management, LLC 8.18% of their portfolio LINCOLNSHIRE, IL 21,44921.4k $4.8m $4.8m 8.18% Added +281 +281
90 Prospera Financial Services Inc 0.08% of their portfolio Dallas, TX 21,04821.0k $4.7m $4.7m 0.08% Reduced -842 -842
91 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 20,92420.9k $4.6m $4.6m 0.04% Added +47 +47
92 ELEVATION POINT WEALTH PARTNERS, LLC 0.32% of their portfolio DENVER, CO 20,87620.9k $4.6m $4.6m 0.32% Added +20.4k +20,434
93 Chicago Partners Investment Group LLC 0.13% of their portfolio CHICAGO, IL 20,51420.5k $4.9m $4.9m 0.13% Added +1.1k +1,073
94 SMITH SHELLNUT WILSON LLC /ADV 1.73% of their portfolio Ridgeland, MS 20,28420.3k $4.5m $4.5m 1.73% Added +4.8k +4,835
95 MGO ONE SEVEN LLC 0.10% of their portfolio Beachwood, OH 20,17420.2k $4.5m $4.5m 0.10% Reduced -772 -772
96 Fingerlakes Wealth Management, Inc. 2.90% of their portfolio ITHACA, NY 20,02720.0k $4.4m $4.4m 2.90% Reduced -397 -397
97 Arkadios Wealth Advisors 0.11% of their portfolio ATLANTA, GA 19,72119.7k $4.4m $4.4m 0.11% Reduced -562 -562
98 Mokosak Advisory Group, LLC 1.14% of their portfolio URBANDALE, IA 19,67919.7k $4.4m $4.4m 1.14% Reduced -628 -628
99 Maxele Advisors, LLC 3.69% of their portfolio WEBSTER GROVES, MO 19,23019.2k $4.3m $4.3m 3.69% Reduced -313 -313
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 18,97819.0k $4.2m $4.2m 0.00% Added +5.5k +5,472