Vault-13

FIDELITY COVINGTON TRUST FTEC

MSCI INFO TECH I · ETP · CUSIP 316092808

615 institutional holders +50 vs Q3 2025
18,868,08818.9m shares reported held*
$4.2bnreported value*
61 new 215 added 186 reduced 33 sold out net bought ≈ $52.8m (+227.1k 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 ($8.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $224.15. Options: 4 managers hold calls ($11.0m notional), 4 hold puts ($3.0m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 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: 565Q4 25: 615615Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025615

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 250 bought or addedQ3 25: 186 cut or sold outQ4 25: 276 bought or addedQ4 25: 219 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024204167
Q2 2024202174
Q3 2024207182
Q4 2024233160
Q1 2025243211
Q2 2025273181
Q3 2025250186
Q4 2025276219

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ1 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 0.25Q4 25 calls: $11.0mQ4 25 puts: $3.0mQ4 25P/C 0.27
Numbers
QuarterCallsPutsP/C
Q1 2025$4.1m$2.1m0.52
Q2 2025$9.4m$2.4m0.25
Q3 2025$9.4m$2.4m0.25
Q4 2025$11.0m$3.0m0.27

Biggest buyers

TWO SIGMA INVESTMENTS, LP New +215,088+215.1k
VICUS CAPITAL Added +108,577+108.6k
SteelPeak Wealth, LLC Added +104,830+104.8k
LPL Financial LLC Added +85,840+85.8k
PRINCIPAL SECURITIES, INC. Added +62,396+62.4k
Bellwether Advisors, LLC New +51,511+51.5k
Cambridge Investment Research Advisors, Inc. Added +46,304+46.3k
ENVESTNET ASSET MANAGEMENT INC Added +37,577+37.6k
MAI Capital Management Added +27,453+27.5k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +24,730+24.7k

Biggest sellers

JPMORGAN CHASE & CO Reduced -144,068-144.1k
Kestra Advisory Services, LLC Reduced -128,196-128.2k
BANK OF AMERICA CORP /DE/ Reduced -101,684-101.7k
MERCER GLOBAL ADVISORS INC /ADV Reduced -76,555-76.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -71,459-71.5k
RAYMOND JAMES FINANCIAL INC Reduced -61,680-61.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -55,906-55.9k
AGF MANAGEMENT LTD Reduced -36,684-36.7k
Sanctuary Advisors, LLC Reduced -34,546-34.5k
Richard Bernstein Advisors LLC Reduced -28,233-28.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.4m28.6k shares
JANE STREET GROUP, LLC Added $2.7m12.1k shares
Belvedere Trading LLC New $966.1k4.3k shares
CITADEL ADVISORS LLC Reduced $876.2k3.9k shares

Biggest puts

CITADEL ADVISORS LLC Added $1.9m8.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $696.5k3.1k shares
JANE STREET GROUP, LLC Added $314.5k1.4k shares
Belvedere Trading LLC New $134.8k600 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lido Advisors, LLC 1.84% of their portfolio Los Angeles, CA 2,100,1872.1m $466.7m $466.7m 1.84% Added +4.6k +4,587
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,073,5202.1m $465.9m $465.9m 0.03% Reduced -101.7k -101,684
3 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 1,385,1841.4m $311.2m $311.2m 0.05% Reduced -55.9k -55,906
4 Richard Bernstein Advisors LLC 8.81% of their portfolio NEW YORK, NY 1,333,9561.3m $299.7m $299.7m 8.81% Reduced -28.2k -28,233
5 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 715,916715.9k $160.8m $160.8m 0.05% Added +37.6k +37,577
6 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 694,702694.7k $156.1m $156.1m 0.04% Added +85.8k +85,840
7 AGF MANAGEMENT LTD 0.64% of their portfolio TORONTO, A6 653,240653.2k $146.8m $146.8m 0.64% Reduced -36.7k -36,684
8 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 647,184647.2k $145.4m $145.4m 0.19% Reduced -71.5k -71,459
9 MERCER GLOBAL ADVISORS INC /ADV 0.14% of their portfolio DENVER, CO 402,846402.8k $90.5m $90.5m 0.14% Reduced -76.6k -76,555
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 365,438365.4k $82.1m $82.1m 0.00% Added +22.8k +22,833
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 313,356313.4k $70.4m $70.4m 0.04% Added +7.7k +7,672
12 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 299,564299.6k $67.4m $67.4m 0.10% Added +4.5k +4,486
13 Kestra Investment Management, LLC 1.53% of their portfolio AUSTIN, TX 278,876278.9k $62.7m $62.7m 1.53% Added +15.6k +15,626
14 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 259,819259.8k $58.4m $58.4m 0.15% Added +46.3k +46,304
15 Portfolio Strategies, Inc. 6.12% of their portfolio MONTVALE, NJ 235,462235.5k $52.9m $52.9m 6.12% Reduced -3.3k -3,269
16 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 215,088215.1k $48.3m $48.3m 0.07% New
17 FMR LLC 0.00% of their portfolio BOSTON, MA 187,362187.4k $42.1m $42.1m 0.00% Added +7.2k +7,216
18 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 172,938172.9k $38.9m $38.9m 0.16% Reduced -128.2k -128,196
19 PRINCIPAL SECURITIES, INC. 0.52% of their portfolio DES MOINES, IA 149,048149.0k $33.5m $33.5m 0.52% Added +62.4k +62,396
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 142,604142.6k $32.0m $32.0m 0.00% Reduced -144.1k -144,068
21 NorthCoast Asset Management LLC 0.60% of their portfolio STAMFORD, CT 120,334120.3k $27.0m $27.0m 0.60% Reduced -21.9k -21,890
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 119,811119.8k $26.9m $26.9m 0.02% Added +3.0k +3,001
23 VICUS CAPITAL 1.90% of their portfolio STATE COLLEGE, PA 112,649112.6k $25.3m $25.3m 1.90% Added +108.6k +108,577
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 112,367112.4k $25.2m $25.2m 0.00% Added +3.0k +3,020
25 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 110,076110.1k $24.7m $24.7m 0.03% Added +3.9k +3,949
26 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 109,081109.1k $24.5m $24.5m 0.01% Reduced -61.7k -61,680
27 SteelPeak Wealth, LLC 0.80% of their portfolio WOODLAND HILLS, CA 107,724107.7k $24.2m $24.2m 0.80% Added +104.8k +104,830
28 Financial Partners Group, Inc 2.72% of their portfolio Overland Park, KS 105,465105.5k $23.5m $23.5m 2.72% Reduced -3.0k -2,980
29 Harel Insurance Investments & Financial Services Ltd. 0.20% of their portfolio Ramat Gan, L3 104,900104.9k $23.6m $23.6m 0.20% Unchanged
30 PFG Advisors 1.10% of their portfolio Phoenix, AZ 100,631100.6k $22.6m $22.6m 1.10% Reduced -31 -31
31 Steward Partners Investment Advisory, LLC 0.12% of their portfolio STAMFORD, CT 97,09597.1k $21.8m $21.8m 0.12% Added +934 +934
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 96,00396.0k $21.6m $21.6m 0.00% Added +18.2k +18,168
33 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 95,97996.0k $21.6m $21.6m 0.12% Added +27.5k +27,453
34 Morningstar Investment Management LLC 1.26% of their portfolio CHICAGO, IL 95,14595.1k $21.4m $21.4m 1.26% Reduced -15.2k -15,212
35 Eaton Financial Holdings Company, LLC 5.65% of their portfolio Coral Springs, FL 93,64693.6k $21.0m $21.0m 5.65% Added +4.8k +4,774
36 Yoder Wealth Management, Inc. 8.86% of their portfolio WALNUT CREEK, CA 86,64386.6k $19.5m $19.5m 8.86% Added +17.4k +17,388
37 Fischer Financial Services, Inc. 5.14% of their portfolio HARRISBURG, PA 86,55186.6k $19.4m $19.4m 5.14% Added +614 +614
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 86,00386.0k $19.3m $19.3m 0.00% Added +4.0k +4,048
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 82,20182.2k $18.5m $18.5m 0.00% Added +2.8k +2,835
40 Kraft, Davis & Associates, LLC 4.16% of their portfolio St. Louis, MO 81,38481.4k $18.5m $18.5m 4.16% Added +21.1k +21,099
41 Independence Financial Advisors, LLC 4.96% of their portfolio FRANKLIN, NH 80,31980.3k $18.0m $18.0m 4.96% Added +2.3k +2,284
42 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 72,26272.3k $16.2m $16.2m 0.02% Reduced -6.9k -6,910
43 Mariner, LLC 0.02% of their portfolio Overland Park, KS 65,80065.8k $14.8m $14.8m 0.02% Added +5.0k +4,994
44 Advisory Services Network, LLC 0.19% of their portfolio ATLANTA, GA 59,20359.2k $13.3m $13.3m 0.19% Reduced -4.0k -4,000
45 Armor Investment Advisors, LLC 4.63% of their portfolio RALEIGH, NC 56,05456.1k $12.6m $12.6m 4.63% Reduced -18.5k -18,496
46 King Wealth Management Group 1.45% of their portfolio SARATOGA SPRINGS, NY 53,65053.6k $12.1m $12.1m 1.45% Reduced -285 -285
47 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 53,03353.0k $11.9m $11.9m 0.03% Reduced -1.2k -1,180
48 Goldstone Financial Group, LLC 1.30% of their portfolio OAKBROOK TERRACE, IL 51,94851.9k $11.7m $11.7m 1.30% Added +1.5k +1,504
49 Lifeworks Advisors, LLC 1.51% of their portfolio GRAND RAPIDS, MI 51,77951.8k $11.6m $11.6m 1.51% Reduced -19.9k -19,939
50 Bellwether Advisors, LLC 1.85% of their portfolio LINCOLN, NE 51,51151.5k $11.6m $11.6m 1.85% New
51 RWA WEALTH PARTNERS, LLC 0.12% of their portfolio BOSTON, MA 49,99650.0k $11.2m $11.2m 0.12% Reduced -4.8k -4,799
52 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 49,57249.6k $11.1m $11.1m 0.02% Added +14.0k +14,038
53 Summit Financial, LLC 0.16% of their portfolio PARSIPPANY, NJ 48,52248.5k $10.9m $10.9m 0.16% Reduced -4.0k -3,991
54 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 47,41247.4k $10.7m $10.7m 0.04% Reduced -17.7k -17,705
55 Mutual Advisors, LLC 0.22% of their portfolio OMAHA, NE 46,69046.7k $10.5m $10.5m 0.22% Added +2.3k +2,322
56 ATLAS CAPITAL ADVISORS INC. 1.13% of their portfolio JACKSON, WY 45,23145.2k $10.2m $10.2m 1.13% First filing
57 Smith Salley Wealth Management 0.50% of their portfolio GREENSBORO, NC 45,10845.1k $10.1m $10.1m 0.50% Reduced -436 -436
58 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 1.16% of their portfolio CONCORD, MA 42,99343.0k $9.7m $9.7m 1.16% Added +456 +456
59 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 42,50742.5k $9.6m $9.6m 0.01% Added +4.7k +4,667
60 Marotta Asset Management 1.70% of their portfolio CHARLOTTESVILLE, VA 40,84340.8k $9.2m $9.2m 1.70% Added +6.8k +6,806
61 SOUTHERN CAPITAL ADVISORS, LLC 4.16% of their portfolio Jackson, TN 40,09540.1k $9.0m $9.0m 4.16% Reduced -1.2k -1,176
62 GRIMES & Co WEALTH MANAGEMENT, LLC 0.21% of their portfolio WESTBOROUGH, MA 38,53538.5k $8.7m $8.7m 0.21% Reduced -426 -426
63 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 38,13638.1k $8.6m $8.6m 0.02% Reduced -20.9k -20,855
64 Traynor Capital Management, Inc. 0.46% of their portfolio MALVERN, PA 37,40537.4k $8.4m $8.4m 0.46% Reduced -591 -591
65 Claro Advisors Inc. 1.12% of their portfolio BOSTON, MA 36,64136.6k $8.2m $8.2m 1.12% Added +3.6k +3,566
66 PRIMORIS WEALTH ADVISORS, LLC 4.92% of their portfolio North Palm Beach, FL 36,59136.6k $8.2m $8.2m 4.92% Reduced -16.6k -16,564
67 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 36,21736.2k $1.7m $1.7m 0.04% Added +1.3k +1,269
68 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 35,72435.7k $8.0m $8.0m 0.01% Added +1.7k +1,699
69 Adams Wealth Management 1.65% of their portfolio LOGAN, UT 34,46334.5k $7.7m $7.7m 1.65% Added +3.7k +3,651
70 CacheTech Inc. 1.43% of their portfolio LOGAN, UT 34,46334.5k $7.7m $7.7m 1.43% Added +3.7k +3,651
71 Crumly & Associates Inc. 1.62% of their portfolio SPRINGFIELD, IL 34,39234.4k $7.7m $7.7m 1.62% Added +467 +467
72 Sigma Planning Corp 0.22% of their portfolio ANN ARBOR, MI 33,03233.0k $8.0m $8.0m 0.22% Reduced -238 -238
73 Snowden Capital Advisors LLC 0.19% of their portfolio New York, NY 32,63132.6k $7.3m $7.3m 0.19% Reduced -802 -802
74 CX Institutional 0.22% of their portfolio AUBURN, IN 32,26732.3k $7.2m $7.2m 0.22% Added +2.9k +2,853
75 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 31,26531.3k $7.0m $7.0m 0.04% Reduced -34.5k -34,546
76 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 30,40230.4k $6.8m $6.8m 0.01% Added +1.5k +1,534
77 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.50% of their portfolio NEW YORK, NY 30,00030.0k $6.7m $6.7m 0.50% Reduced -1.0k -1,014
78 Mowery & Schoenfeld Wealth Management, LLC 9.72% of their portfolio LINCOLNSHIRE, IL 29,85229.9k $6.7m $6.7m 9.72% Added +8.4k +8,403
79 Financial Perspectives, Inc 1.76% of their portfolio MINNEAPOLIS, MN 29,12029.1k $6.5m $6.5m 1.76% Added +595 +595
80 KDK Private Wealth Management, LLC 5.65% of their portfolio Houston, TX 28,79128.8k $6.5m $6.5m 5.65% Reduced -586 -586
81 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 28,76528.8k $6.5m $6.5m 0.04% Added +24.7k +24,730
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 28,28828.3k $6.5m $6.5m 0.01% Added +1.8k +1,754
83 Aspetuck Financial Management LLC 4.01% of their portfolio WESTPORT, CT 26,58426.6k $6.0m $6.0m 4.01% Added +107 +107
84 Go Invest LLC 1.96% of their portfolio WEST JORDAN, UT 26,50326.5k $6.0m $6.0m 1.96% First filing
85 High Point Wealth Management, LLC 5.45% of their portfolio CHESTER, NJ 25,83825.8k $5.8m $5.8m 5.45% First filing
86 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 25,75625.8k $5.8m $5.8m 0.03% Added +24.3k +24,321
87 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 25,05925.1k $5.6m $5.6m 0.07% Reduced -60 -60
88 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 24,28424.3k $5.5m $5.5m 0.00% Added +11.8k +11,824
89 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 23,89823.9k $5.4m $5.4m 0.04% Reduced -79 -79
90 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 23,75523.8k $5.3m $5.3m 0.00% Added +4.8k +4,777
91 LYNCH & ASSOCIATES/IN 1.01% of their portfolio EVANSVILLE, IN 23,67723.7k $5.3m $5.3m 1.01% Reduced -5 -5
92 Capital Planning LLC 1.49% of their portfolio BELLEVUE, WA 23,65223.7k $5.3m $5.3m 1.49% Added +177 +177
93 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 23,59223.6k $5.3m $5.3m 0.01% New
94 Beaumont Financial Advisors, LLC 0.35% of their portfolio NEEDHAM, MA 23,54923.5k $5.3m $5.3m 0.35% Reduced -241 -241
95 Heck Capital Advisors, LLC 0.38% of their portfolio Rhinelander, WI 22,43122.4k $5.0m $5.0m 0.38% Reduced -621 -621
96 Vestmark Advisory Solutions, Inc. 0.07% of their portfolio Wakefield, MA 22,21922.2k $5.0m $5.0m 0.07% New
97 TBH Global Asset Management, LLC 0.81% of their portfolio Brentwood, TN 21,59621.6k $4.9m $4.9m 0.81% Added +7.5k +7,515
98 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 21,56321.6k $4.8m $4.8m 0.01% Reduced -8.5k -8,509
99 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 21,41821.4k $4.8m $4.8m 0.00% Reduced -2.5k -2,489
100 ELEVATION POINT WEALTH PARTNERS, LLC 0.23% of their portfolio DENVER, CO 21,04921.0k $4.7m $4.7m 0.23% Added +173 +173