Vault-13

FIDELITY COVINGTON TRUST FDVV

HIGH DIVID ETF · ETP · CUSIP 316092840

453 institutional holders +51 vs Q3 2025
57,131,71657.1m shares reported held*
$3.2bnreported value*
49 new 245 added 76 reduced 21 sold out net bought ≈ $278.3m (+4.9m 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 ($249.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.71. Options: 1 managers hold calls ($487.5k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 135Q4 22: 137Q1 23: 152Q2 23: 152Q3 23: 163Q4 23: 190Q1 24: 216Q2 24: 243Q3 24: 264Q4 24: 310Q1 25: 347Q2 25: 369Q3 25: 402Q4 25: 453453Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022135
Q4 2022137
Q1 2023152
Q2 2023152
Q3 2023163
Q4 2023190
Q1 2024216
Q2 2024243
Q3 2024264
Q4 2024310
Q1 2025347
Q2 2025369
Q3 2025402
Q4 2025453

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 130 bought or addedQ1 24: 65 cut or sold outQ2 24: 157 bought or addedQ2 24: 60 cut or sold outQ2 24Q3 24: 171 bought or addedQ3 24: 68 cut or sold outQ4 24: 199 bought or addedQ4 24: 61 cut or sold outQ4 24Q1 25: 232 bought or addedQ1 25: 86 cut or sold outQ2 25: 233 bought or addedQ2 25: 105 cut or sold outQ2 25Q3 25: 248 bought or addedQ3 25: 96 cut or sold outQ4 25: 294 bought or addedQ4 25: 97 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202413065
Q2 202415760
Q3 202417168
Q4 202419961
Q1 202523286
Q2 2025233105
Q3 202524896
Q4 202529497

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 25 calls: $605.1kQ1 25 puts: $84.3kQ1 25P/C 0.14Q2 25 calls: $442.2kQ2 25 puts: $213.3kQ2 25P/C 0.48Q3 25 calls: $913.6kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $487.5kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$605.1k$84.3k0.14
Q2 2025$442.2k$213.3k0.48
Q3 2025$913.6k$00.00
Q4 2025$487.5k$00.00

Biggest buyers

LPL Financial LLC Added +1,655,768+1.7m
RAYMOND JAMES FINANCIAL INC Added +420,371+420.4k
Kestra Advisory Services, LLC Added +257,718+257.7k
WELLS FARGO & COMPANY/MN Added +249,415+249.4k
ENVESTNET ASSET MANAGEMENT INC Added +230,438+230.4k
CWM, LLC Added +219,074+219.1k
Cetera Investment Advisers Added +209,000+209.0k
Rooted Wealth Advisors, Inc. New +207,138+207.1k
MORGAN STANLEY Added +177,157+177.2k
OSAIC HOLDINGS, INC. Added +168,182+168.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -924,977-925.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -321,371-321.4k
Sanctuary Advisors, LLC Reduced -133,980-134.0k
von Borstel & Associates, Inc. Sold out -121,483-121.5k
KWB Wealth Sold out -106,753-106.8k
McIlrath & Eck, LLC Reduced -93,636-93.6k
Integrated Wealth Concepts LLC Reduced -92,057-92.1k
RENAISSANCE TECHNOLOGIES LLC Sold out -90,800-90.8k
Cambridge Investment Research Advisors, Inc. Reduced -77,078-77.1k
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV Reduced -62,754-62.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $487.5k8.6k shares

Biggest puts

None

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 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 6,160,6306.2m $349.2m $349.2m 0.10% Added +1.7m +1,655,768
2 COMMONWEALTH EQUITY SERVICES, LLC 0.23% of their portfolio WALTHAM, MA 3,034,6543.0m $172.0m $172.0m 0.23% Added +75.4k +75,387
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,520,0142.5m $142.9m $142.9m 0.01% Added +177.2k +177,157
4 Retirement Planning Group, LLC 4.31% of their portfolio LEAWOOD, KS 2,314,7702.3m $131.2m $131.2m 4.31% Added +115.5k +115,547
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,263,1892.3m $128.3m $128.3m 0.01% Added +36.2k +36,197
6 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 2,077,7122.1m $117.8m $117.8m 0.04% Added +420.4k +420,371
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,070,8012.1m $117.4m $117.4m 0.03% Added +230.4k +230,438
8 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 1,744,2381.7m $98.9m $98.9m 0.11% Added +209.0k +209,000
9 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,633,6291.6m $92.6m $92.6m 0.02% Added +249.4k +249,415
10 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 1,451,3181.5m $82.3m $82.3m 0.12% Added +168.2k +168,182
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,163,1891.2m $65.9m $65.9m 0.00% Reduced -925.0k -924,977
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 1,088,0101.1m $61.7m $61.7m 0.04% Added +121.7k +121,663
13 Kestra Advisory Services, LLC 0.22% of their portfolio AUSTIN, TX 923,778923.8k $52.4m $52.4m 0.22% Added +257.7k +257,718
14 CHILDRESS CAPITAL ADVISORS, LLC 7.33% of their portfolio HOUSTON, TX 804,703804.7k $45.6m $45.6m 7.33% Added +36.9k +36,855
15 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 802,778802.8k $45.5m $45.5m 0.12% Reduced -77.1k -77,078
16 Dynasty Wealth Management, LLC 0.44% of their portfolio ST. PETERSBURG, FL 781,642781.6k $44.3m $44.3m 0.44% Added +89.0k +88,986
17 McIlrath & Eck, LLC 3.58% of their portfolio ARLINGTON, WA 680,694680.7k $38.6m $38.6m 3.58% Reduced -93.6k -93,636
18 SAGESPRING WEALTH PARTNERS, LLC 0.68% of their portfolio FRANKLIN, TN 657,113657.1k $37.3m $37.3m 0.68% Added +44.7k +44,657
19 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 611,754611.8k $34.7m $34.7m 0.08% Added +91.2k +91,205
20 Arkadios Wealth Advisors 0.66% of their portfolio ATLANTA, GA 590,498590.5k $33.5m $33.5m 0.66% Added +39.5k +39,492
21 Allworth Financial LP 0.14% of their portfolio FOLSOM, CA 588,807588.8k $33.4m $33.4m 0.14% Added +9.9k +9,896
22 VICTORY FINANCIAL GROUP, LLC 3.47% of their portfolio AUSTIN, TX 486,346486.3k $27.6m $27.6m 3.47% Added +29.0k +28,960
23 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 482,295482.3k $27.3m $27.3m 0.13% Added +82.9k +82,882
24 Landing Point Financial Group, LLC 13.62% of their portfolio AVON, OH 481,964482.0k $27.3m $27.3m 13.62% Added +25.2k +25,249
25 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 3.96% of their portfolio BERMUDA RUN, NC 440,861440.9k $25.0m $25.0m 3.96% Reduced -62.8k -62,754
26 Mariner, LLC 0.03% of their portfolio Overland Park, KS 417,018417.0k $23.6m $23.6m 0.03% Added +74.5k +74,533
27 AssuredPartners Investment Advisors, LLC 3.26% of their portfolio Tampa, FL 386,760386.8k $21.9m $21.9m 3.26% Added +12.4k +12,408
28 REGIMEN WEALTH, LLC 6.05% of their portfolio ATLANTA, GA 364,872364.9k $20.7m $20.7m 6.05% Reduced -2.0k -1,987
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 345,144345.1k $19.6m $19.6m 0.03% Reduced -321.4k -321,371
30 Lakeridge Wealth Management LLC 8.81% of their portfolio MENTOR, OH 341,806341.8k $19.4m $19.4m 8.81% Added +3.0k +3,050
31 Milestone Investment Advisors LLC 4.39% of their portfolio MIDDLETON, WI 319,792319.8k $18.1m $18.1m 4.39% Reduced -3.7k -3,733
32 CALTON & ASSOCIATES, INC. 2.63% of their portfolio Tampa, FL 316,268316.3k $17.9m $17.9m 2.63% Added +13.7k +13,730
33 Systelligence, LLC 3.36% of their portfolio BLOOMINGTON, MN 311,181311.2k $17.6m $17.6m 3.36% Added +1.9k +1,925
34 D.A. DAVIDSON & CO. 0.11% of their portfolio GREAT FALLS, MT 307,207307.2k $17.4m $17.4m 0.11% Added +23.3k +23,334
35 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 300,100300.1k $17.0m $17.0m 0.02% Added +40.3k +40,314
36 Prime Capital Investment Advisors, LLC 0.21% of their portfolio OVERLAND PARK, KS 299,123299.1k $17.0m $17.0m 0.21% Reduced -89 -89
37 Clark Wealth Partners 10.31% of their portfolio O'FALLON, IL 298,584298.6k $16.9m $16.9m 10.31% Unchanged
38 Independence Financial Advisors, LLC 4.60% of their portfolio FRANKLIN, NH 295,150295.1k $16.7m $16.7m 4.60% Added +9.8k +9,764
39 Stratos Investment Management, LLC 0.67% of their portfolio BEACHWOOD, OH 293,476293.5k $16.6m $16.6m 0.67% Reduced -6.6k -6,597
40 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 283,218283.2k $16.1m $16.1m 0.04% Added +35.8k +35,799
41 World Investment Advisors 0.26% of their portfolio LINCROFT, NJ 282,582282.6k $16.0m $16.0m 0.26% Added +53.7k +53,737
42 Integrated Wealth Concepts LLC 0.19% of their portfolio WALTHAM, MA 281,605281.6k $16.0m $16.0m 0.19% Reduced -92.1k -92,057
43 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 270,251270.3k $15.3m $15.3m 0.10% Added +67.1k +67,051
44 Prentice Wealth Management LLC 3.37% of their portfolio Rochester, NY 260,246260.2k $14.8m $14.8m 3.37% Added +17.6k +17,623
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 253,111253.1k $14.5m $14.5m 0.02% Added +45.6k +45,588
46 FLAGSHIP WEALTH ADVISORS, LLC 4.04% of their portfolio WAKEFIELD, MA 244,858244.9k $13.9m $13.9m 4.04% Added +36.0k +36,006
47 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 243,807243.8k $13.7m $13.7m 0.05% Added +801 +801
48 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 237,802237.8k $13.5m $13.5m 0.02% Added +34.9k +34,869
49 Per Stirling Capital Management, LLC. 1.45% of their portfolio AUSTIN, TX 227,653227.7k $12.9m $12.9m 1.45% Reduced -1.0k -1,007
50 Fifth Third Securities, Inc. 0.84% of their portfolio Cincinnati, OH 226,925226.9k $12.9m $12.9m 0.84% Added +7.0k +7,025
51 CWM, LLC 0.03% of their portfolio OMAHA, NE 221,679221.7k $12.6m $12.6m 0.03% Added +219.1k +219,074
52 Advisory Services Network, LLC 0.17% of their portfolio ATLANTA, GA 217,734217.7k $12.3m $12.3m 0.17% Added +49.3k +49,338
53 IFP Advisors, Inc 0.27% of their portfolio TAMPA, FL 211,646211.6k $12.0m $12.0m 0.27% Added +35.7k +35,691
54 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 209,955210.0k $11.9m $11.9m 0.01% Added +24.1k +24,050
55 Rooted Wealth Advisors, Inc. 3.43% of their portfolio BOURBONNAIS, IL 207,138207.1k $12.2m $12.2m 3.43% New
56 SHP Wealth Management 0.85% of their portfolio PLYMOUTH, MA 192,861192.9k $10.9m $10.9m 0.85% First filing
57 Kestra Investment Management, LLC 0.27% of their portfolio AUSTIN, TX 191,723191.7k $10.9m $10.9m 0.27% Added +70.7k +70,676
58 Dentgroup LLC 7.45% of their portfolio BATON ROUGE, LA 191,403191.4k $10.9m $10.9m 7.45% Reduced -12.7k -12,722
59 FLOW TRADERS U.S. LLC 0.34% of their portfolio NEW YORK, NY 180,402180.4k $10.2m $10.2m 0.34% Added +124.7k +124,664
60 Sculati Wealth Management, LLC 3.59% of their portfolio Bloomfield Hills, MI 179,534179.5k $10.2m $10.2m 3.59% Added +14.2k +14,178
61 FMR LLC 0.00% of their portfolio BOSTON, MA 177,417177.4k $10.1m $10.1m 0.00% Added +21.0k +21,035
62 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 173,955174.0k $9.9m $9.9m 0.02% Reduced -25.9k -25,944
63 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 171,844171.8k $9.7m $9.7m 0.00% Added +40.7k +40,700
64 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 171,668171.7k $9.7m $9.7m 0.05% Reduced -134.0k -133,980
65 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 160,267160.3k $9.1m $9.1m 0.02% Added +21.5k +21,548
66 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 156,417156.4k $8.9m $8.9m 0.01% Added +76.9k +76,910
67 THOROUGHBRED FINANCIAL SERVICES, LLC 0.52% of their portfolio BRENTWOOD, TN 154,321154.3k $8.7m $8.7m 0.52% Added +6.4k +6,426
68 Kovack Advisors, Inc. 0.41% of their portfolio FT. LAUDERDALE, FL 153,422153.4k $8.7m $8.7m 0.41% Added +256 +256
69 Performance Wealth Partners, LLC 0.23% of their portfolio HINSDALE, IL 149,702149.7k $8.5m $8.5m 0.23% Added +18.0k +17,965
70 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 147,857147.9k $8.4m $8.4m 0.02% Added +1.9k +1,938
71 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 147,206147.2k $8.7m $8.7m 0.05% Added +91.0k +90,983
72 Base Wealth Management LLC 4.40% of their portfolio LAKEWOOD RANCH, FL 144,060144.1k $8.2m $8.2m 4.40% Added +31.0k +31,041
73 Cyr Financial Inc. 4.91% of their portfolio HENNEPIN, IL 138,780138.8k $7.9m $7.9m 4.91% New
74 STEPHENS INC /AR/ 0.10% of their portfolio LITTLE ROCK, AR 138,478138.5k $7.9m $7.9m 0.10% Added +5.0k +5,002
75 New Insight Wealth Advisors 2.76% of their portfolio SAN RAMON, CA 136,175136.2k $7.7m $7.7m 2.76% Added +33.3k +33,313
76 Strategic Blueprint, LLC 0.45% of their portfolio ATLANTA, GA 134,857134.9k $7.6m $7.6m 0.45% Added +28.5k +28,528
77 Pathway Financial Advisers, LLC 2.17% of their portfolio AUBURN, IN 131,999132.0k $7.5m $7.5m 2.17% Added +856 +856
78 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 131,093131.1k $7.4m $7.4m 0.01% Reduced -2.8k -2,848
79 Carbahal Olsen Financial Services Group, LLC 5.53% of their portfolio DAVIS, CA 127,040127.0k $7.2m $7.2m 5.53% Added +3.1k +3,094
80 PRINCIPAL SECURITIES, INC. 0.11% of their portfolio DES MOINES, IA 123,697123.7k $7.0m $7.0m 0.11% Added +16.4k +16,382
81 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 121,100121.1k $6.9m $6.9m 0.05% Added +7.8k +7,788
82 Wayfinding Financial, LLC 2.88% of their portfolio LYNNWOOD, WA 120,186120.2k $6.8m $6.8m 2.88% Reduced -1.2k -1,245
83 AdvisorNet Financial, Inc 0.36% of their portfolio MINNETONKA, MN 118,781118.8k $6.7m $6.7m 0.36% Added +7.1k +7,126
84 Investment Advisory Services Group LLC 5.85% of their portfolio Boca Raton, FL 116,240116.2k $6.6m $6.6m 5.85% First filing
85 Powers Advisory Group, LLC 2.47% of their portfolio Highland, IL 115,874115.9k $6.6m $6.6m 2.47% Added +18.9k +18,873
86 Global Retirement Partners, LLC 0.12% of their portfolio San Rafael, CA 115,815115.8k $6.6m $6.6m 0.12% Added +22.9k +22,934
87 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 115,226115.2k $6.5m $6.5m 0.08% Added +17.9k +17,916
88 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 114,727114.7k $6.5m $6.5m 0.01% Reduced -5.6k -5,644
89 RFG Advisory, LLC 0.12% of their portfolio BIRMINGHAM, AL 114,689114.7k $6.5m $6.5m 0.12% Reduced -8.9k -8,856
90 FLAGSHIP HARBOR ADVISORS, LLC 0.30% of their portfolio BOSTON, MA 112,504112.5k $6.4m $6.4m 0.30% Added +5.8k +5,768
91 McGlone Suttner Wealth Management, Inc. 0.86% of their portfolio APPLETON, WI 112,345112.3k $6.4m $6.4m 0.86% Reduced -4.5k -4,548
92 Lineweaver Wealth Advisors, LLC 0.86% of their portfolio VALLEY VIEW, OH 110,625110.6k $6.3m $6.3m 0.86% Reduced -1.6k -1,588
93 IFC & Insurance Marketing, Inc. 6.16% of their portfolio AUBURN, CA 109,598109.6k $6.2m $6.2m 6.16% First filing
94 Marmo Financial Group, LLC 2.94% of their portfolio Johnson City, TN 109,552109.6k $6.2m $6.2m 2.94% Reduced -2.8k -2,774
95 CITIZENS FINANCIAL GROUP INC/RI 0.08% of their portfolio PROVIDENCE, RI 108,446108.4k $6.1m $6.1m 0.08% Reduced -1.7k -1,676
96 High Point Wealth Management, LLC 5.41% of their portfolio CHESTER, NJ 101,609101.6k $5.8m $5.8m 5.41% First filing
97 INVESTMENT ADVISORY SERVICES INC /TX /ADV 1.80% of their portfolio THE WOODLANDS, TX 101,361101.4k $5.7m $5.7m 1.80% Added +7.2k +7,248
98 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 99,31099.3k $5.6m $5.6m 0.02% Reduced -26.6k -26,561
99 BG Investment Services, LLC 5.02% of their portfolio HAGATNA, GU 99,29299.3k $5.6m $5.6m 5.02% Added +23.5k +23,537
100 Marshall & Sterling Wealth Advisors Inc. 3.65% of their portfolio POUGHKEEPSIE, NY 97,55397.6k $5.5m $5.5m 3.65% Added +16.9k +16,939