Vault-13

FIDELITY COVINGTON TRUST FDLO

LOW VOLITY ETF · ETP · CUSIP 316092824

171 institutional holders +8 vs Q1 2026
14,533,29914.5m shares reported held*
$994.7mreported value*
23 new 56 added 49 reduced 17 sold out net sold ≈ $20.4m (-298.8k 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 ($427.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.44.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 81Q4 22: 81Q1 23: 81Q2 23: 84Q3 23: 87Q4 23: 98Q1 24: 103Q2 24: 110Q3 24: 131Q4 24: 142Q1 25: 142Q2 25: 158Q3 25: 153Q4 25: 167Q1 26: 163Q2 26: 171171Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202281
Q4 202281
Q1 202381
Q2 202384
Q3 202387
Q4 202398
Q1 2024103
Q2 2024110
Q3 2024131
Q4 2024142
Q1 2025142
Q2 2025158
Q3 2025153
Q4 2025167
Q1 2026163
Q2 2026171

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 69 bought or addedQ3 24: 45 cut or sold outQ4 24: 72 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 76 bought or addedQ1 25: 49 cut or sold outQ2 25: 76 bought or addedQ2 25: 59 cut or sold outQ2 25Q3 25: 76 bought or addedQ3 25: 57 cut or sold outQ4 25: 94 bought or addedQ4 25: 54 cut or sold outQ4 25Q1 26: 78 bought or addedQ1 26: 65 cut or sold outQ2 26: 79 bought or addedQ2 26: 66 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246945
Q4 20247250
Q1 20257649
Q2 20257659
Q3 20257657
Q4 20259454
Q1 20267865
Q2 20267966

Biggest buyers

Corient Private Wealth LP Added +175,761+175.8k
Ameritas Advisory Services, LLC Added +147,473+147.5k
49 WEALTH MANAGEMENT, LLC New +133,211+133.2k
KENNEDY INVESTMENT GROUP, INC. New +96,159+96.2k
GOLDMAN SACHS GROUP INC Added +78,260+78.3k
Savant Capital, LLC New +76,680+76.7k
TWO SIGMA INVESTMENTS, LP New +57,000+57.0k
Envision Financial Transparency, LLC New +55,268+55.3k
OSAIC HOLDINGS, INC. Added +38,494+38.5k
Cambridge Investment Research Advisors, Inc. Added +32,458+32.5k

Biggest sellers

FMR LLC Reduced -818,506-818.5k
SYKON CAPITAL LLC Sold out -183,619-183.6k
FIRST TRUST ADVISORS LP Sold out -123,227-123.2k
MORGAN STANLEY Reduced -84,713-84.7k
Kestra Advisory Services, LLC Reduced -28,297-28.3k
BANK OF AMERICA CORP /DE/ Reduced -20,665-20.7k
Cerity Partners LLC Reduced -19,678-19.7k
Hershey Financial Advisers, LLC Sold out -18,727-18.7k
JANE STREET GROUP, LLC Reduced -18,497-18.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -11,423-11.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 8,130,9988.1m $555.6m $555.6m 0.02% Reduced -818.5k -818,506
2 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 701,383701.4k $47.9m $47.9m 0.06% Reduced -11.4k -11,423
3 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 534,296534.3k $36.5m $36.5m 0.01% Added +9.8k +9,779
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 425,154425.2k $29.1m $29.1m 0.01% Added +7.5k +7,469
5 Campbell Deegan Wealth Management, LLC 16.38% of their portfolio RICHMOND, VA 337,359337.4k $23.1m $23.1m 16.38% Added +6.5k +6,531
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 281,823281.8k $19.3m $19.3m 0.00% Reduced -20.7k -20,665
7 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 269,229269.2k $18.4m $18.4m 0.02% Added +12.7k +12,728
8 Ameritas Advisory Services, LLC 0.35% of their portfolio Lincoln, NE 254,114254.1k $17.4m $17.4m 0.35% Added +147.5k +147,473
9 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 215,183215.2k $14.7m $14.7m 0.07% Added +22.1k +22,059
10 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 186,302186.3k $12.7m $12.7m 0.02% Added +175.8k +175,761
11 SEGALL BRYANT & HAMILL, LLC 0.15% of their portfolio CHICAGO, IL 186,105186.1k $12.7m $12.7m 0.15% Reduced -6.1k -6,142
12 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 182,143182.1k $12.4m $12.4m 0.02% Reduced -19.7k -19,678
13 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 172,164172.2k $11.8m $11.8m 0.04% Reduced -28.3k -28,297
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 145,468145.5k $9.9m $9.9m 0.00% Reduced -1.3k -1,260
15 49 WEALTH MANAGEMENT, LLC 1.74% of their portfolio AUSTIN, TX 133,211133.2k $9.1m $9.1m 1.74% New
16 ALONGSIDE, LLC 1.74% of their portfolio AUSTIN, TX 133,211133.2k $9.1m $9.1m 1.74% First filing
17 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 123,304123.3k $8.4m $8.4m 0.03% Added +7.2k +7,240
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 121,023121.0k $8.3m $8.3m 0.01% Added +38.5k +38,494
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 116,662116.7k $8.0m $8.0m 0.00% Added +78.3k +78,260
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 112,946112.9k $7.7m $7.7m 0.00% Reduced -5.6k -5,649
21 GFG Capital, LLC 1.89% of their portfolio MIAMI, FL 100,671100.7k $6.9m $6.9m 1.89% Reduced -3.4k -3,405
22 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 99,07599.1k $6.8m $6.8m 0.02% Reduced -10.3k -10,264
23 KENNEDY INVESTMENT GROUP, INC. 2.23% of their portfolio WEST DEPTFORD, NJ 96,15996.2k $6.6m $6.6m 2.23% New
24 Mechanics Bank Trust Department 0.79% of their portfolio Walnut Creek, CA 93,54693.5k $6.4m $6.4m 0.79% Added +9.4k +9,450
25 Abundance Wealth Counselors 0.40% of their portfolio STATE COLLEGE, PA 91,00691.0k $6.2m $6.2m 0.40% Added +28.3k +28,346
26 Savant Capital, LLC 0.02% of their portfolio ROCKFORD, IL 76,68076.7k $5.6m $5.6m 0.02% New
27 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 70,52270.5k $4.8m $4.8m 0.01% Added +32.5k +32,458
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 62,18862.2k $4.2m $4.2m 0.00% Reduced -84.7k -84,713
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 60,73860.7k $4.2m $4.2m 0.00% Added +1.6k +1,554
30 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 57,00057.0k $3.9m $3.9m 0.00% New
31 Envision Financial Transparency, LLC 3.36% of their portfolio GREENSBORO, NC 55,26855.3k $3.9m $3.9m 3.36% New
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 44,85444.9k $3.1m $3.1m 0.00% Added +10.2k +10,164
33 Weaver Consulting Group 0.60% of their portfolio HUNTINGTON BEACH, CA 42,77842.8k $2.9m $2.9m 0.60% Reduced -306 -306
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 40,39740.4k $2.8m $2.8m 0.00% Added +3.7k +3,695
35 Capital Analysts, LLC 0.05% of their portfolio FORT WASHINGTON, PA 31,45631.5k $2.1m $2.1m 0.05% Reduced -717 -717
36 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 30,95431.0k $2.1m $2.1m 0.02% Reduced -854 -854
37 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 30,45330.5k $2.1m $2.1m 0.02% Reduced -2.2k -2,171
38 Strategic Blueprint, LLC 0.10% of their portfolio ATLANTA, GA 29,27029.3k $2.0m $2.0m 0.10% Added +3.3k +3,295
39 DONALDSON CAPITAL MANAGEMENT, LLC 0.06% of their portfolio EVANSVILLE, IN 28,85228.9k $2.0m $2.0m 0.06% New
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 23,47323.5k $1.6m $1.6m 0.00% Added +390 +390
41 Tempus Wealth Planning, LLC 0.30% of their portfolio IRVINE, CA 22,08122.1k $1.5m $1.5m 0.30% Reduced -13 -13
42 Argent Trust Co 0.04% of their portfolio NASHVILLE, TN 22,00822.0k $1.5m $1.5m 0.04% Unchanged
43 Rehmann Capital Advisory Group 0.07% of their portfolio LANSING, MI 20,87720.9k $1.4m $1.4m 0.07% Unchanged
44 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 19,52219.5k $1.3m $1.3m 0.02% New
45 Sequent Asset Management, LLC 0.49% of their portfolio HOUSTON, TX 17,01017.0k $1.2m $1.2m 0.49% Unchanged
46 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 15,98416.0k $1.1m $1.1m 0.01% Reduced -286 -286
47 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 15,28115.3k $1.0m $1.0m 0.01% Added +402 +402
48 Roxbury Financial LLC 0.82% of their portfolio MOUNT ARLINGTON, NJ 15,23015.2k $1.0m $1.0m 0.82% Added +493 +493
49 Pallas Capital Advisors LLC 0.03% of their portfolio BRAINTREE, MA 13,93713.9k $952.4k $952.4k 0.03% Reduced -20 -20
50 Security Financial Services, INC. 0.13% of their portfolio Fort Wayne, IN 13,58113.6k $928.1k $928.1k 0.13% Reduced -520 -520
51 Asset Allocation Strategies LLC 0.14% of their portfolio FARMINGTON, MI 13,27813.3k $907.3k $907.3k 0.14% Reduced -954 -954
52 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,82812.8k $876.6k $876.6k 0.00% Reduced -7.7k -7,682
53 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,83111.8k $808.4k $808.4k 0.00% Added +695 +695
54 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 11,81711.8k $807.8k $807.8k 0.01% Reduced -8 -8
55 Smart Money Group LLC 0.20% of their portfolio EASTLAND, TX 11,36311.4k $776.5k $776.5k 0.20% Reduced -2.3k -2,267
56 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,22811.2k $787.6k $787.6k 0.00% Added +579 +579
57 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,09411.1k $758.1k $758.1k 0.00% Added +6.3k +6,311
58 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 10,50010.5k $717.5k $717.5k 0.01% Added +104 +104
59 Cullen/Frost Bankers, Inc. 0.01% of their portfolio San Antonio, TX 10,32410.3k $705.5k $705.5k 0.01% Added +29 +29
60 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 9,8399.8k $672.3k $672.3k 0.02% Added +262 +262
61 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 9,5609.6k $653.3k $653.3k 0.01% Reduced -92 -92
62 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 9,2729.3k $633.6k $633.6k 0.00% Added +757 +757
63 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 9,1559.2k $625.6k $625.6k 0.01% Added +5.3k +5,299
64 Avidian Wealth Enterprises, LLC 0.02% of their portfolio Houston, TX 9,1119.1k $622.6k $622.6k 0.02% Reduced -672 -672
65 Buttonwood Financial Group, LLC 0.35% of their portfolio Kansas City, MO 8,9889.0k $614.2k $614.2k 0.35% Added +590 +590
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,6858.7k $593.5k $593.5k 0.00% Added +3.2k +3,159
67 Westside Investment Management, Inc. 0.08% of their portfolio SANTA MONICA, CA 8,4458.4k $577.1k $577.1k 0.08% Reduced -1.2k -1,240
68 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 8,2658.3k $564.8k $564.8k 0.00% Added +78 +78
69 Betterment LLC 0.00% of their portfolio NEW YORK, NY 8,1998.2k $560.0k $560.0k 0.00% Added +477 +477
70 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 7,6937.7k $525.7k $525.7k 0.00% Added +1.6k +1,627
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,5527.6k $516.1k $516.1k 0.00% Added +889 +889
72 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 7,4437.4k $508.6k $508.6k 0.00% Added +582 +582
73 WESTBOURNE INVESTMENTS, INC. 0.20% of their portfolio ALEXANDRIA, VA 7,2887.3k $498.0k $498.0k 0.20% Unchanged
74 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,1727.2k $490.1k $490.1k 0.00% Added +1.1k +1,147
75 Savvy Advisors, Inc. 0.01% of their portfolio NEW YORK, NY 6,9577.0k $475.4k $475.4k 0.01% Reduced -104 -104
76 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 6,7946.8k $464.3k $464.3k 0.01% Reduced -1.7k -1,690
77 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 6,5506.5k $447.6k $447.6k 0.00% Reduced -1.9k -1,867
78 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 6,3046.3k $430.8k $430.8k 0.00% Unchanged
79 Stonebridge Financial Planning Group, LLC 0.14% of their portfolio ORLANDO, FL 6,2506.2k $427.1k $427.1k 0.14% Unchanged
80 City Center Advisors, LLC 0.34% of their portfolio TROY, MI 6,2246.2k $425.3k $425.3k 0.34% New
81 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,1516.2k $420.3k $420.3k 0.00% Reduced -18.5k -18,497
82 Unified Investment Management 0.39% of their portfolio Atlanta, GA 6,1506.2k $420.3k $420.3k 0.39% Unchanged
83 Valley Financial Group, Inc. 0.19% of their portfolio AMBLER, PA 5,5405.5k $378.5k $378.5k 0.19% Reduced -18 -18
84 Samalin Investment Counsel, LLC 0.12% of their portfolio CHAPPAQUA, NY 5,5195.5k $377.2k $377.2k 0.12% Added +2 +2
85 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 5,5055.5k $376.2k $376.2k 0.01% Added +25 +25
86 Sovereign Financial Group, Inc. 0.05% of their portfolio STAMFORD, CT 5,1335.1k $350.7k $350.7k 0.05% Added +20 +20
87 Strategic Advocates LLC 1.35% of their portfolio SACRAMENTO, CA 5,1085.1k $349.1k $349.1k 1.35% Reduced -2.1k -2,120
88 Ascent Group, LLC 0.01% of their portfolio VIRGINIA BEACH, VA 5,0975.1k $348.3k $348.3k 0.01% Added +416 +416
89 Integrated Advisors Network LLC 0.02% of their portfolio DALLAS, TX 4,9975.0k $341.5k $341.5k 0.02% Reduced -6.8k -6,751
90 KINGSWOOD WEALTH ADVISORS, LLC 0.01% of their portfolio SAN DIEGO, CA 4,9384.9k $337.4k $337.4k 0.01% Reduced -446 -446
91 ARS Wealth Advisors Group, LLC 0.03% of their portfolio St. Petersburg, FL 4,6974.7k $321.0k $321.0k 0.03% Reduced -78 -78
92 Almanack Investment Partners, LLC. 0.04% of their portfolio WAYNE, PA 4,6594.7k $318.4k $318.4k 0.04% Reduced -200 -200
93 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 4,5804.6k $313.0k $313.0k 0.00% Added +11 +11
94 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 4,5254.5k $308.3k $308.3k 0.01% Reduced -61 -61
95 CITIZENS FINANCIAL GROUP INC/RI 0.00% of their portfolio PROVIDENCE, RI 4,4974.5k $307.3k $307.3k 0.00% Unchanged
96 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 4,4244.4k $302.3k $302.3k 0.00% Reduced -92 -92
97 OneAscent Financial Services LLC 0.01% of their portfolio BIRMINGHAM, AL 4,2154.2k $288.0k $288.0k 0.01% New
98 Drake & Associates, LLC 0.05% of their portfolio WAUKESHA, WI 4,1294.1k $282.1k $282.1k 0.05% New
99 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 3,8193.8k $261.0k $261.0k 0.00% New
100 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 3,8183.8k $260.9k $260.9k 0.00% Added +514 +514