Vault-13

FIDELITY COVINGTON TRUST FDLO

LOW VOLITY ETF · ETP · CUSIP 316092824

84 institutional holders +3 vs Q1 2023
5,663,2755.7m shares reported held*
$283.7mreported value*
12 new 28 added 32 reduced 8 sold out net sold ≈ $42.9m (-855.6k 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 ≈ $50.10.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 81Q1 23: 81Q2 23: 8484Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202281
Q4 202281
Q1 202381
Q2 202384

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 23Q2 23: 40 bought or addedQ2 23: 40 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224132
Q1 20233839
Q2 20234040

Biggest buyers

NewEdge Advisors, LLC Added +114,106+114.1k
RAYMOND JAMES & ASSOCIATES Added +54,297+54.3k
JANE STREET GROUP, LLC Added +35,807+35.8k
Raymond James Financial Services Advisors, Inc. Added +26,640+26.6k
JPMORGAN CHASE & CO Added +25,435+25.4k
Asset Allocation Strategies LLC New +23,168+23.2k
Prospera Financial Services Inc New +22,047+22.0k
BANK OF AMERICA CORP /DE/ Added +20,910+20.9k
FLOW TRADERS U.S. LLC New +20,595+20.6k
ROYAL BANK OF CANADA Added +20,543+20.5k

Biggest sellers

FMR LLC Reduced -742,821-742.8k
Abundance Wealth Counselors Sold out -231,339-231.3k
Ameritas Advisory Services, LLC Reduced -155,068-155.1k
OSAIC HOLDINGS, INC. Reduced -34,034-34.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -33,737-33.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -28,998-29.0k
BMS Financial Advisors, LLC Sold out -15,095-15.1k
Corient Private Wealth LP Reduced -13,000-13.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -11,448-11.4k
Lido Advisors, LLC Reduced -11,186-11.2k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 955,485955.5k $47.9m $47.9m 0.00% Reduced -742.8k -742,821
2 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 674,639674.6k $33.8m $33.8m 0.07% Reduced -33.7k -33,737
3 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 547,638547.6k $27.4m $27.4m 0.06% Reduced -13.0k -13,000
4 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 389,294389.3k $19.5m $19.5m 0.04% Reduced -34.0k -34,034
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 379,395379.4k $19.0m $19.0m 0.01% Added +4.4k +4,429
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 318,447318.4k $16.0m $16.0m 0.00% Added +20.9k +20,910
7 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 296,942296.9k $14.9m $14.9m 0.15% Added +20.1k +20,073
8 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 164,053164.1k $8.2m $8.2m 0.09% Added +114.1k +114,106
9 Lido Advisors, LLC 0.09% of their portfolio Los Angeles, CA 163,496163.5k $8.2m $8.2m 0.09% Reduced -11.2k -11,186
10 Ameritas Advisory Services, LLC 0.73% of their portfolio Lincoln, NE 115,116115.1k $5.7m $5.7m 0.73% Reduced -155.1k -155,068
11 Summit X, LLC 1.21% of their portfolio CHESTERFIELD, MO 99,11199.1k $5.0m $5.0m 1.21% Added +619 +619
12 LINCOLN NATIONAL CORP 0.10% of their portfolio RADNOR, PA 98,31198.3k $4.9m $4.9m 0.10% Reduced -1.4k -1,391
13 EXENCIAL WEALTH ADVISORS, LLC 0.22% of their portfolio OKLAHOMA CITY, OK 97,76897.8k $4.9m $4.9m 0.22% Reduced -1.1k -1,129
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 95,29995.3k $4.8m $4.8m 0.00% Added +17.7k +17,744
15 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 91,56691.6k $4.5m $4.5m 0.01% Reduced -3.1k -3,128
16 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 89,27789.3k $4.5m $4.5m 0.02% Added +3.5k +3,473
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 73,03673.0k $3.7m $3.7m 0.00% Added +20.5k +20,543
18 Capital Analysts, LLC 0.20% of their portfolio FORT WASHINGTON, PA 70,94770.9k $3.6m $3.6m 0.20% Reduced -9.2k -9,175
19 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 62,21762.2k $3.1m $3.1m 0.00% Added +54.3k +54,297
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 49,81349.8k $2.5m $2.5m 0.00% Reduced -8.7k -8,656
21 Weaver Consulting Group 1.08% of their portfolio HUNTINGTON BEACH, CA 48,85748.9k $2.4m $2.4m 1.08% Reduced -2.0k -2,026
22 Mechanics Bank Trust Department 0.38% of their portfolio Walnut Creek, CA 47,01747.0k $2.4m $2.4m 0.38% Added +2.8k +2,758
23 Running Point Capital Advisors, LLC 1.27% of their portfolio EL SEGUNDO, CA 45,22845.2k $2.3m $2.3m 1.27% Added +208 +208
24 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 44,91244.9k $2.3m $2.3m 0.02% Added +5.2k +5,218
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 41,23241.2k $2.1m $2.1m 0.00% Added +35.8k +35,807
26 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 32,98133.0k $1.7m $1.7m 0.00% Added +26.6k +26,640
27 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 32,13732.1k $1.6m $1.6m 0.01% Added +11.5k +11,481
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 27,81727.8k $1.4m $1.4m 0.00% Reduced -473 -473
29 Argent Trust Co 0.07% of their portfolio NASHVILLE, TN 27,59127.6k $1.4m $1.4m 0.07% Unchanged
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 27,39727.4k $1.4m $1.4m 0.00% Added +25.4k +25,435
31 Rehmann Capital Advisory Group 0.11% of their portfolio LANSING, MI 25,51025.5k $1.3m $1.3m 0.11% Reduced -7.4k -7,383
32 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 25,23525.2k $1.3m $1.3m 0.01% Reduced -400 -400
33 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 25,12525.1k $1.3m $1.3m 0.01% Reduced -1.1k -1,087
34 Asset Allocation Strategies LLC 0.55% of their portfolio FARMINGTON, MI 23,16823.2k $1.2m $1.2m 0.55% New
35 Sequent Asset Management, LLC 1.23% of their portfolio HOUSTON, TX 22,71022.7k $1.1m $1.1m 1.23% Unchanged
36 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 22,22022.2k $1.1m $1.1m 0.03% Reduced -791 -791
37 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 22,04722.0k $1.1m $1.1m 0.04% New
38 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 20,59520.6k $1.0m $1.0m 0.04% New
39 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 17,60817.6k $882.3k $882.3k 0.01% Reduced -5.9k -5,893
40 Tyler-Stone Wealth Management 0.47% of their portfolio Beachwood, OH 16,48716.5k $826.0k $826.0k 0.47% First filing
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,31914.3k $717.5k $717.5k 0.00% Added +8.8k +8,850
42 Bryant Woods Investment Advisors, LLC 0.50% of their portfolio GETZVILLE, NY 13,97114.0k $700.1k $700.1k 0.50% Reduced -1.4k -1,409
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 12,20112.2k $611.4k $611.4k 0.01% Reduced -3.4k -3,357
44 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 11,75011.8k $477.5k $477.5k 0.01% Added +3.3k +3,320
45 Kowal Investment Group, LLC 0.15% of their portfolio BROOKFIELD, WI 11,23211.2k $562.8k $562.8k 0.15% New
46 Pallas Capital Advisors LLC 0.02% of their portfolio BRAINTREE, MA 10,73210.7k $538.9k $538.9k 0.02% New
47 AllSquare Wealth Management LLC 0.33% of their portfolio ALBANY, NY 10,45310.5k $502.0k $502.0k 0.33% Unchanged
48 Samalin Investment Counsel, LLC 0.28% of their portfolio CHAPPAQUA, NY 10,37610.4k $519.9k $519.9k 0.28% Reduced -302 -302
49 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,27210.3k $515.0k $515.0k 0.00% Added +162 +162
50 Westside Investment Management, Inc. 0.15% of their portfolio SANTA MONICA, CA 10,26510.3k $514.4k $514.4k 0.15% Added +2.2k +2,250
51 Verity Asset Management, Inc. 0.36% of their portfolio DURHAM, NC 9,7829.8k $490.2k $490.2k 0.36% Reduced -8.9k -8,890
52 Kalos Management, Inc. 0.88% of their portfolio ALPHARETTA, GA 8,1418.1k $407.9k $407.9k 0.88% Unchanged
53 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,0158.0k $402.2k $402.2k 0.00% New
54 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 7,9898.0k $400.3k $400.3k 0.00% New
55 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 7,8447.8k $393.0k $393.0k 0.01% Added +10 +10
56 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,6927.7k $385.0k $385.0k 0.00% Reduced -11.4k -11,448
57 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 7,6367.6k $377.1k $377.1k 0.01% Reduced -404 -404
58 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 6,9547.0k $348.5k $348.5k 0.01% Reduced -1.3k -1,291
59 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio ORLANDO, FL 6,6496.6k $316.9k $316.9k 0.04% Added +1.1k +1,100
60 Stonebridge Financial Planning Group, LLC 0.19% of their portfolio ORLANDO, FL 6,2506.2k $313.2k $313.2k 0.19% Unchanged
61 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 6,1876.2k $310.0k $310.0k 0.01% Added +1.9k +1,915
62 OmniStar Financial Group, Inc. 0.35% of their portfolio Wilmington, NC 5,9005.9k $296.4k $296.4k 0.35% New
63 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 5,6055.6k $280.9k $280.9k 0.00% Reduced -114 -114
64 Sovereign Financial Group, Inc. 0.08% of their portfolio STAMFORD, CT 5,0005.0k $250.6k $250.6k 0.08% Unchanged
65 Darwin Wealth Management, LLC 0.06% of their portfolio TAMPA, FL 4,6834.7k $232.9k $232.9k 0.06% Unchanged
66 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,6774.7k $234.4k $234.4k 0.00% Reduced -118 -118
67 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 3,9363.9k $197.2k $197.2k 0.00% Unchanged
68 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,5223.5k $176.5k $176.5k 0.00% Reduced -2.9k -2,907
69 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 1,7661.8k $88.5k $88.5k 0.01% Added +6 +6
70 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 1,4381.4k $72.1k $72.1k 0.01% Reduced -37 -37
71 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1991.2k $60.1k $60.1k 0.00% Added +4 +4
72 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 999999 $47.0k $47.0k 0.00% Added +934 +934
73 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 500500 $25.1k $25.1k 0.00% Unchanged
74 True Wealth Design, LLC 0.01% of their portfolio AKRON, OH 392392 $19.6k $19.6k 0.01% New
75 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 348348 $17.5k $17.5k 0.00% Added +9 +9
76 Clearview Wealth Advisors LLC 0.02% of their portfolio SALEM, OR 325325 $16.3k $16.3k 0.02% Unchanged
77 CWM, LLC 0.00% of their portfolio OMAHA, NE 200200 $10.0k $10.0k 0.00% Reduced -32 -32
78 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 143143 $7.2k $7.2k 0.00% New
79 Centerpoint Advisors, LLC 0.00% of their portfolio NEEDHAM, MA 9090 $5.0k $5.0k 0.00% New
80 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 4141 $2.1k $2.1k 0.00% New
81 Coston, McIsaac & Partners 0.00% of their portfolio BAR HARBOR, ME 66 $0 $0 0.00% Unchanged
82 First Command Bank 0.00% of their portfolio FORT WORTH, TX 33 $147 $147 0.00% Reduced -398 -398
83 First Command Financial Services, Inc. 0.00% of their portfolio FORT WORTH, TX 33 $147 $147 0.00% Reduced -398 -398
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $28 $28 0.00% Added +1 +1