Vault-13

FIDELITY COVINGTON TRUST FDLO

LOW VOLITY ETF · ETP · CUSIP 316092824

81 institutional holders +0 vs Q4 2022
6,650,9346.7m shares reported held*
$316.0mreported value*
13 new 25 added 27 reduced 12 sold out net bought ≈ $23.0m (+481.4k 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 ≈ $47.51.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 81Q1 23: 8181Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202281
Q4 202281
Q1 202381

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 41 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 38 bought or addedQ1 23: 39 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224132
Q1 20233839

Biggest buyers

FMR LLC Added +1,027,697+1.0m
Summit X, LLC New +98,492+98.5k
GOLDMAN SACHS GROUP INC New +58,469+58.5k
BMS Financial Advisors, LLC New +15,095+15.1k
Verity Asset Management, Inc. Added +9,543+9.5k
D.A. DAVIDSON & CO. Added +9,005+9.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +8,276+8.3k
Capital Analysts, LLC Added +6,640+6.6k
Thrivent Financial for Lutherans Added +6,623+6.6k
OSAIC HOLDINGS, INC. Added +6,069+6.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -238,953-239.0k
Abundance Wealth Counselors Reduced -209,557-209.6k
Kestra Advisory Services, LLC Reduced -126,524-126.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -34,059-34.1k
Eaton Financial Holdings Company, LLC Sold out -29,790-29.8k
Asset Allocation Strategies LLC Sold out -23,440-23.4k
Empirical Asset Management, LLC Sold out -21,681-21.7k
Ameritas Advisory Services, LLC Reduced -21,114-21.1k
Ahrens Investment Partners LLC Reduced -20,837-20.8k
CITADEL ADVISORS LLC Sold out -20,237-20.2k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 1,698,3061.7m $80.6m $80.6m 0.00% Added +1.0m +1,027,697
2 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 708,376708.4k $33.6m $33.6m 0.07% Added +2.4k +2,380
3 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 560,638560.6k $26.6m $26.6m 0.07% Added +1.7k +1,667
4 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 423,328423.3k $20.1m $20.1m 0.04% Added +6.1k +6,069
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 374,966375.0k $17.8m $17.8m 0.01% Reduced -34.1k -34,059
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 297,537297.5k $14.1m $14.1m 0.00% Reduced -239.0k -238,953
7 Kestra Advisory Services, LLC 0.14% of their portfolio AUSTIN, TX 276,869276.9k $13.1m $13.1m 0.14% Reduced -126.5k -126,524
8 Ameritas Advisory Services, LLC 0.65% of their portfolio Lincoln, NE 270,184270.2k $13.0m $13.0m 0.65% Reduced -21.1k -21,114
9 Abundance Wealth Counselors 2.78% of their portfolio STATE COLLEGE, PA 231,339231.3k $11.0m $11.0m 2.78% Reduced -209.6k -209,557
10 Lido Advisors, LLC 0.12% of their portfolio Los Angeles, CA 174,682174.7k $8.3m $8.3m 0.12% Reduced -3.4k -3,358
11 Ahrens Investment Partners LLC 2.87% of their portfolio LAFAYETTE, LA 121,834121.8k $5.8m $5.8m 2.87% Reduced -20.8k -20,837
12 LINCOLN NATIONAL CORP 0.10% of their portfolio RADNOR, PA 99,70299.7k $4.7m $4.7m 0.10% Reduced -13.0k -12,971
13 EXENCIAL WEALTH ADVISORS, LLC 0.24% of their portfolio OKLAHOMA CITY, OK 98,89798.9k $4.7m $4.7m 0.24% Added +2.4k +2,433
14 Summit X, LLC 1.21% of their portfolio CHESTERFIELD, MO 98,49298.5k $4.7m $4.7m 1.21% New
15 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 94,69494.7k $4.4m $4.4m 0.01% Added +6.6k +6,623
16 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 85,80485.8k $4.1m $4.1m 0.02% Added +6.0k +6,003
17 Capital Analysts, LLC 0.22% of their portfolio FORT WASHINGTON, PA 80,12280.1k $3.8m $3.8m 0.22% Added +6.6k +6,640
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 77,55577.6k $3.7m $3.7m 0.00% Reduced -5.4k -5,445
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 58,46958.5k $2.8m $2.8m 0.00% New
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 52,49352.5k $2.5m $2.5m 0.00% Reduced -1.5k -1,477
21 Weaver Consulting Group 1.11% of their portfolio HUNTINGTON BEACH, CA 50,88350.9k $2.4m $2.4m 1.11% Unchanged
22 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 49,94749.9k $2.4m $2.4m 0.03% Reduced -7.1k -7,131
23 Running Point Capital Advisors, LLC 1.30% of their portfolio EL SEGUNDO, CA 45,02045.0k $2.1m $2.1m 1.30% Added +671 +671
24 Mechanics Bank Trust Department 0.35% of their portfolio Walnut Creek, CA 44,25944.3k $2.1m $2.1m 0.35% Added +1.9k +1,855
25 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 39,69439.7k $1.9m $1.9m 0.02% Added +5.7k +5,670
26 Rehmann Capital Advisory Group 0.15% of their portfolio LANSING, MI 32,89332.9k $1.6m $1.6m 0.15% Added +51 +51
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 28,99829.0k $1.4m $1.4m 0.00% Added +8.3k +8,276
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 28,29028.3k $1.3m $1.3m 0.00% Reduced -1.3k -1,293
29 Argent Trust Co 0.08% of their portfolio NASHVILLE, TN 27,59127.6k $1.3m $1.3m 0.08% Unchanged
30 Barber Financial Group, Inc. 0.22% of their portfolio LENEXA, KS 26,74926.7k $1.3m $1.3m 0.22% Unchanged
31 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 26,21226.2k $1.2m $1.2m 0.01% Reduced -1.1k -1,060
32 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 25,63525.6k $1.2m $1.2m 0.01% Added +9.0k +9,005
33 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 23,50123.5k $1.1m $1.1m 0.01% Added +774 +774
34 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 23,01123.0k $1.1m $1.1m 0.03% Reduced -1.4k -1,443
35 Sequent Asset Management, LLC 1.22% of their portfolio HOUSTON, TX 22,71022.7k $1.1m $1.1m 1.22% Unchanged
36 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 20,65620.7k $980.7k $980.7k 0.01% Added +5.0k +4,980
37 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 19,14019.1k $909.0k $909.0k 0.00% Reduced -752 -752
38 Verity Asset Management, Inc. 0.53% of their portfolio DURHAM, NC 18,67218.7k $886.5k $886.5k 0.53% Added +9.5k +9,543
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 15,55815.6k $738.7k $738.7k 0.01% Reduced -1.0k -1,047
40 Bryant Woods Investment Advisors, LLC 0.56% of their portfolio GETZVILLE, NY 15,38015.4k $730.2k $730.2k 0.56% Reduced -5.4k -5,413
41 BMS Financial Advisors, LLC 0.50% of their portfolio RAPID CITY, SD 15,09515.1k $716.7k $716.7k 0.50% New
42 Samalin Investment Counsel, LLC 0.31% of their portfolio CHAPPAQUA, NY 10,67810.7k $507.0k $507.0k 0.31% Added +3 +3
43 AllSquare Wealth Management LLC 0.32% of their portfolio ALBANY, NY 10,45310.5k $496.3k $496.3k 0.32% Unchanged
44 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,11010.1k $480.0k $480.0k 0.00% Reduced -134 -134
45 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 8,4308.4k $262.8k $262.8k 0.01% Reduced -8.2k -8,223
46 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 8,2458.2k $391.5k $391.5k 0.01% Added +275 +275
47 Kalos Management, Inc. 0.77% of their portfolio ALPHARETTA, GA 8,1418.1k $386.5k $386.5k 0.77% Added +2.1k +2,097
48 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 8,0408.0k $389.0k $389.0k 0.01% Reduced -479 -479
49 Westside Investment Management, Inc. 0.11% of their portfolio SANTA MONICA, CA 8,0158.0k $380.6k $380.6k 0.11% Unchanged
50 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 7,9207.9k $376.0k $376.0k 0.00% Reduced -49 -49
51 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 7,8347.8k $372.0k $372.0k 0.01% Added +12 +12
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,4296.4k $305.2k $305.2k 0.00% Added +3.7k +3,723
53 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 6,3416.3k $301.1k $301.1k 0.00% Reduced -605 -605
54 Stonebridge Financial Planning Group, LLC 0.19% of their portfolio ORLANDO, FL 6,2506.2k $296.8k $296.8k 0.19% Unchanged
55 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 5,7195.7k $271.5k $271.5k 0.00% Unchanged
56 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio ORLANDO, FL 5,5495.5k $260.2k $260.2k 0.04% New
57 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,4695.5k $259.7k $259.7k 0.00% Reduced -1.2k -1,236
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 5,4255.4k $257.6k $257.6k 0.00% New
59 CX Institutional 0.01% of their portfolio AUBURN, IN 5,0985.1k $244.1k $244.1k 0.01% New
60 Sovereign Financial Group, Inc. 0.09% of their portfolio STAMFORD, CT 5,0005.0k $237.4k $237.4k 0.09% Unchanged
61 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,7954.8k $227.7k $227.7k 0.00% Reduced -25 -25
62 Darwin Wealth Management, LLC 0.06% of their portfolio TAMPA, FL 4,6834.7k $226.6k $226.6k 0.06% Unchanged
63 Integrated Advisors Network LLC 0.01% of their portfolio DALLAS, TX 4,3344.3k $205.8k $205.8k 0.01% New
64 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 4,2724.3k $202.8k $202.8k 0.01% New
65 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 3,9363.9k $186.9k $186.9k 0.00% Unchanged
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,9622.0k $93.2k $93.2k 0.00% New
67 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 1,7601.8k $83.5k $83.5k 0.01% Added +8 +8
68 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 1,4751.5k $69.2k $69.2k 0.01% New
69 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1951.2k $56.8k $56.8k 0.00% Added +4 +4
70 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 722722 $34.3k $34.3k 0.00% New
71 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 500500 $23.7k $23.7k 0.00% Unchanged
72 First Command Bank 0.00% of their portfolio FORT WORTH, TX 401401 $19.0k $19.0k 0.00% Unchanged
73 First Command Financial Services, Inc. 0.00% of their portfolio FORT WORTH, TX 401401 $19.0k $19.0k 0.00% Unchanged
74 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 339339 $16.1k $16.1k 0.00% Added +6 +6
75 Clearview Wealth Advisors LLC 0.02% of their portfolio SALEM, OR 325325 $15.4k $15.4k 0.02% Unchanged
76 CWM, LLC 0.00% of their portfolio OMAHA, NE 232232 $11.0k $11.0k 0.00% Reduced -164 -164
77 BlackRock Inc. 0.00% of their portfolio New York, NY 139139 $6.6k $6.6k 0.00% New
78 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 6565 $3.1k $3.1k 0.00% New
79 Coston, McIsaac & Partners 0.00% of their portfolio BAR HARBOR, ME 66 $0 $0 0.00% Unchanged
80 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 11 $0 $0 0.00% Reduced -777 -777
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $30 $30 0.00% Reduced -1 -1