Vault-13

FIDELITY COVINGTON TRUST FDMO

MOMENTUM FACTR · ETP · CUSIP 316092816

39 institutional holders +3 vs Q1 2023
2,033,6752.0m shares reported held*
$98.3mreported value*
8 new 10 added 12 reduced 5 sold out net bought ≈ $8.5m (+175.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $48.36.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 31Q4 22: 36Q1 23: 36Q2 23: 3939Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202231
Q4 202236
Q1 202336
Q2 202339

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 22 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 18 cut or sold outQ1 23Q2 23: 18 bought or addedQ2 23: 17 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222215
Q1 20231918
Q2 20231817

Biggest buyers

Great Lakes Retirement, Inc. New +247,326+247.3k
Cerity Partners LLC New +96,757+96.8k
NewEdge Advisors, LLC New +25,637+25.6k
AE Wealth Management LLC Added +16,586+16.6k
PRUDENTIAL PLC Added +12,760+12.8k
SAX WEALTH ADVISORS, LLC New +11,785+11.8k
Hoxton Planning & Management, LLC New +8,866+8.9k
JPMORGAN CHASE & CO New +8,866+8.9k
Cetera Investment Advisers Added +4,699+4.7k
CreativeOne Wealth, LLC Added +4,285+4.3k

Biggest sellers

FMR LLC Reduced -90,840-90.8k
OSAIC HOLDINGS, INC. Reduced -37,296-37.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -32,610-32.6k
BMS Financial Advisors, LLC Reduced -31,958-32.0k
CITADEL ADVISORS LLC Sold out -26,465-26.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -26,344-26.3k
ROYAL BANK OF CANADA Reduced -11,416-11.4k
TOWNSQUARE CAPITAL LLC Sold out -6,813-6.8k
MORGAN STANLEY Reduced -4,945-4.9k
Kestra Advisory Services, LLC Reduced -2,891-2.9k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 847,030847.0k $41.0m $41.0m 0.02% Reduced -26.3k -26,344
2 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 261,084261.1k $12.6m $12.6m 0.02% Reduced -37.3k -37,296
3 Great Lakes Retirement, Inc. 2.11% of their portfolio SANDUSKY, OH 247,326247.3k $12.0m $12.0m 2.11% New
4 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 96,75796.8k $4.7m $4.7m 0.02% New
5 FMR LLC 0.00% of their portfolio BOSTON, MA 64,58864.6k $3.1m $3.1m 0.00% Reduced -90.8k -90,840
6 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 54,74654.7k $2.6m $2.6m 0.02% Added +4.7k +4,699
7 LVZ, Inc. 0.36% of their portfolio Holland, MI 53,18553.2k $2.6m $2.6m 0.36% Reduced -2.5k -2,543
8 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 49,21949.2k $2.4m $2.4m 0.01% Added +16.6k +16,586
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,61142.6k $2.1m $2.1m 0.00% Added +3.4k +3,397
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 31,53931.5k $1.5m $1.5m 0.00% Reduced -4.9k -4,945
11 Bryant Woods Investment Advisors, LLC 0.97% of their portfolio GETZVILLE, NY 28,31928.3k $1.4m $1.4m 0.97% Reduced -1.4k -1,418
12 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 25,63725.6k $1.2m $1.2m 0.01% New
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 24,47124.5k $1.2m $1.2m 0.01% Added +2.9k +2,940
14 Rehmann Capital Advisory Group 0.10% of their portfolio LANSING, MI 23,65623.7k $1.1m $1.1m 0.10% Unchanged
15 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 22,15922.2k $1.1m $1.1m 0.01% Reduced -2.9k -2,891
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,13218.1k $876.8k $876.8k 0.00% Added +3.1k +3,081
17 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 16,96017.0k $820.1k $820.1k 0.01% Added +12.8k +12,760
18 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 15,66215.7k $757.0k $757.0k 0.00% Reduced -32.6k -32,610
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 15,04615.0k $727.6k $727.6k 0.00% Reduced -471 -471
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,48813.5k $652.0k $652.0k 0.00% Reduced -857 -857
21 SAX WEALTH ADVISORS, LLC 0.11% of their portfolio PARSIPPANY, NJ 11,78511.8k $569.9k $569.9k 0.11% New
22 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 9,8839.9k $477.9k $477.9k 0.00% Added +1.4k +1,377
23 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 9,0729.1k $438.0k $438.0k 0.01% Added +4.3k +4,285
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,8668.9k $428.7k $428.7k 0.00% New
25 Hoxton Planning & Management, LLC 0.26% of their portfolio SHEPHERDSTOWN, WV 8,8668.9k $428.7k $428.7k 0.26% New
26 BMS Financial Advisors, LLC 0.24% of their portfolio RAPID CITY, SD 7,5337.5k $364.3k $364.3k 0.24% Reduced -32.0k -31,958
27 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 6,6306.6k $320.6k $320.6k 0.00% First filing
28 Inscription Capital, LLC 0.10% of their portfolio HOUSTON, TX 6,6106.6k $319.6k $319.6k 0.10% Unchanged
29 Darwin Wealth Management, LLC 0.07% of their portfolio TAMPA, FL 5,8835.9k $283.1k $283.1k 0.07% Added +3 +3
30 Fiduciary Trust Co 0.00% of their portfolio Boston, MA 4,2144.2k $203.8k $203.8k 0.00% New
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,6171.6k $78.0k $78.0k 0.00% Reduced -11.4k -11,416
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 584584 $28.2k $28.2k 0.00% Added +182 +182
33 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 300300 $15.0k $15.0k 0.00% Unchanged
34 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 9292 $4.4k $4.4k 0.00% Unchanged
35 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 8080 $3.9k $3.9k 0.00% Unchanged
36 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2525 $1.2k $1.2k 0.00% New
37 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2020 $967 $967 0.00% Unchanged
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $24 $24 0.00% Unchanged
39 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged