Vault-13

FIDELITY COVINGTON TRUST FREL

MSCI RL EST ETF · ETP · CUSIP 316092857

196 institutional holders +0 vs Q4 2022
19,941,60719.9m shares reported held*
$498.3mreported value*
20 new 72 added 66 reduced 19 sold out net sold ≈ $282.4m (-11.3m 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 ≈ $24.99.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 192Q4 22: 196Q1 23: 196196Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022192
Q4 2022196
Q1 2023196

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 94 bought or addedQ4 22: 87 cut or sold outQ4 22Q1 23: 92 bought or addedQ1 23: 85 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229487
Q1 20239285

Biggest buyers

ROYAL BANK OF CANADA Added +141,250+141.2k
CX Institutional New +101,817+101.8k
Tower Research Capital LLC (TRC) Added +84,531+84.5k
Dynamic Advisor Solutions LLC Added +71,939+71.9k
GOLDMAN SACHS GROUP INC Added +60,806+60.8k
JANE STREET GROUP, LLC Added +53,358+53.4k
Riverpoint Wealth Management Holdings, LLC Added +43,889+43.9k
Janney Montgomery Scott LLC New +39,529+39.5k
Brookstone Capital Management Added +38,202+38.2k
TWO SIGMA SECURITIES, LLC New +37,846+37.8k

Biggest sellers

PNC Financial Services Group, Inc. Reduced -11,236,712-11.2m
COMMONWEALTH EQUITY SERVICES, LLC Reduced -201,961-202.0k
Atria Investments, Inc Reduced -155,935-155.9k
Bard Financial Services, Inc. Reduced -57,166-57.2k
J.W. COLE ADVISORS, INC. Reduced -52,521-52.5k
LaSalle St. Investment Advisors, LLC Reduced -49,365-49.4k
Financial Engines Advisors L.L.C. Reduced -49,028-49.0k
American Trust Reduced -44,732-44.7k
Blue Trust, Inc. Reduced -40,132-40.1k
OSAIC HOLDINGS, INC. Reduced -30,730-30.7k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PNC Financial Services Group, Inc. 0.15% of their portfolio Pittsburgh, PA 6,966,9457.0m $173.5m $173.5m 0.15% Reduced -11.2m -11,236,712
2 Lido Advisors, LLC 0.26% of their portfolio Los Angeles, CA 751,765751.8k $18.7m $18.7m 0.26% Added +35.1k +35,067
3 Riverpoint Wealth Management Holdings, LLC 6.29% of their portfolio CHICAGO, IL 731,607731.6k $18.2m $18.2m 6.29% Added +43.9k +43,889
4 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 687,918687.9k $17.1m $17.1m 0.04% Reduced -202.0k -201,961
5 CITIZENS & NORTHERN CORP 6.06% of their portfolio WELLSBORO, PA 623,304623.3k $15.5m $15.5m 6.06% Added +977 +977
6 Pure Financial Advisors, LLC 0.57% of their portfolio SAN DIEGO, CA 497,927497.9k $12.4m $12.4m 0.57% Reduced -4.7k -4,743
7 TRUEFG, LLC 4.84% of their portfolio CEDAR PARK, TX 430,694430.7k $10.7m $10.7m 4.84% Added +3.9k +3,854
8 MAI Capital Management 0.14% of their portfolio INDEPENDENCE, OH 365,989366.0k $9.1m $9.1m 0.14% Added +1.1k +1,120
9 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 326,564326.6k $8.1m $8.1m 0.01% Reduced -11.5k -11,467
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 289,610289.6k $7.2m $7.2m 0.00% Reduced -10.5k -10,458
11 Black Diamond Financial, LLC 2.30% of their portfolio TOWSON, MD 280,996281.0k $7.0m $7.0m 2.30% Added +27.7k +27,652
12 Full Sail Capital, LLC 0.62% of their portfolio OKLAHOMA CITY, OK 273,378273.4k $6.8m $6.8m 0.62% Added +11.0k +11,015
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 253,824253.8k $6.3m $6.3m 0.00% Added +22.2k +22,198
14 AVANTAX ADVISORY SERVICES, INC. 0.08% of their portfolio DALLAS, TX 245,894245.9k $6.1m $6.1m 0.08% Added +12.4k +12,379
15 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 236,110236.1k $5.9m $5.9m 0.04% Reduced -4.1k -4,140
16 Blue Trust, Inc. 0.09% of their portfolio BRENTWOOD, TN 223,052223.1k $5.5m $5.5m 0.09% Reduced -40.1k -40,132
17 Crestwood Advisors Group, LLC 0.18% of their portfolio BOSTON, MA 213,776213.8k $5.3m $5.3m 0.18% Reduced -5.5k -5,501
18 Physician Wealth Advisors, Inc. 1.35% of their portfolio MIDVALE, UT 207,061207.1k $5.2m $5.2m 1.35% Added +8.5k +8,518
19 ADAMSBROWN WEALTH CONSULTANTS LLC 2.82% of their portfolio WICHITA, KS 196,706196.7k $4.9m $4.9m 2.82% Added +1.6k +1,619
20 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 189,926189.9k $4.7m $4.7m 0.01% Reduced -15.1k -15,083
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 187,805187.8k $4.7m $4.7m 0.00% Added +14.0k +14,007
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 184,438184.4k $4.6m $4.6m 0.00% Added +141.2k +141,250
23 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 180,584180.6k $4.5m $4.5m 0.01% Reduced -49.0k -49,028
24 Soltis Investment Advisors LLC 0.51% of their portfolio ST. GEORGE, UT 161,217161.2k $4.0m $4.0m 0.51% Reduced -19.4k -19,379
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 147,401147.4k $3.7m $3.7m 0.01% Reduced -19.1k -19,076
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 145,278145.3k $3.6m $3.6m 0.01% Reduced -30.7k -30,730
27 Sigma Planning Corp 0.12% of their portfolio ANN ARBOR, MI 141,718141.7k $3.5m $3.5m 0.12% Reduced -6.5k -6,519
28 Independent Solutions Wealth Management, LLC 1.01% of their portfolio Williamsville, NY 137,847137.8k $3.4m $3.4m 1.01% Added +3.6k +3,643
29 LaSalle St. Investment Advisors, LLC 1.44% of their portfolio ELMHURST, IL 131,128131.1k $3.3m $3.3m 1.44% Reduced -49.4k -49,365
30 American Trust 0.23% of their portfolio LEXINGTON, KY 130,820130.8k $3.3m $3.3m 0.23% Reduced -44.7k -44,732
31 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 124,497124.5k $3.1m $3.1m 0.02% Added +14.1k +14,067
32 SACHEM HILL LLC 0.89% of their portfolio DENVER, CO 123,455123.5k $3.1m $3.1m 0.89% Added +15.0k +15,007
33 Tower Research Capital LLC (TRC) 0.09% of their portfolio NEW YORK, NY 119,532119.5k $3.0m $3.0m 0.09% Added +84.5k +84,531
34 Brookstone Capital Management 0.06% of their portfolio WHEATON, IL 115,380115.4k $2.9m $2.9m 0.06% Added +38.2k +38,202
35 SigFig Wealth Management, LLC 0.15% of their portfolio SAN FRANCISCO, CA 112,651112.7k $2.8m $2.8m 0.15% Added +1.5k +1,511
36 Essential Planning, LLC. 1.65% of their portfolio PORTSMOUTH, NH 109,508109.5k $2.7m $2.7m 1.65% Added +15.8k +15,780
37 Dynamic Advisor Solutions LLC 0.15% of their portfolio PHOENIX, AZ 102,141102.1k $2.5m $2.5m 0.15% Added +71.9k +71,939
38 CX Institutional 0.13% of their portfolio AUBURN, IN 101,817101.8k $2.5m $2.5m 0.13% New
39 Galvin, Gaustad & Stein, LLC 0.24% of their portfolio Scottsdale, AZ 97,63697.6k $2.4m $2.4m 0.24% Added +5.2k +5,220
40 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 94,68094.7k $2.4m $2.4m 0.00% Added +60.8k +60,806
41 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 94,23894.2k $2.3m $2.3m 0.00% Reduced -1.8k -1,756
42 Curi Wealth Management, LLC 0.34% of their portfolio Raleigh, NC 93,81693.8k $2.3m $2.3m 0.34% Added +1.8k +1,811
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 90,70090.7k $2.3m $2.3m 0.00% Added +9.4k +9,355
44 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 86,51786.5k $2.2m $2.2m 0.00% Reduced -4.7k -4,667
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 86,32086.3k $2.2m $2.2m 0.00% Added +53.4k +53,358
46 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 85,12585.1k $2.1m $2.1m 0.00% Added +13.5k +13,477
47 RFG Advisory, LLC 0.10% of their portfolio BIRMINGHAM, AL 84,74184.7k $2.1m $2.1m 0.10% Added +2.0k +2,017
48 Eagle Bay Advisors LLC 1.10% of their portfolio NEW YORK, NY 80,75880.8k $2.0m $2.0m 1.10% Reduced -1.3k -1,266
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 79,42179.4k $2.0m $2.0m 0.00% Reduced -27.8k -27,828
50 Asset Management Group, Inc. 0.44% of their portfolio STAMFORD, CT 78,96479.0k $2.0m $2.0m 0.44% Added +428 +428
51 Mutual Advisors, LLC 0.07% of their portfolio OMAHA, NE 71,38871.4k $1.8m $1.8m 0.07% Reduced -19.3k -19,273
52 Mariner, LLC 0.00% of their portfolio Overland Park, KS 66,78566.8k $1.7m $1.7m 0.00% Reduced -8.1k -8,050
53 Blue Barn Wealth, LLC 0.99% of their portfolio OREM, UT 64,35964.4k $1.6m $1.6m 0.99% Added +4.4k +4,425
54 Opes Wealth Management LLC 0.51% of their portfolio MENLO PARK, CA 62,92562.9k $1.6m $1.6m 0.51% Added +25.9k +25,944
55 Wilmington Savings Fund Society, FSB 0.07% of their portfolio WILMINGTON, DE 60,79760.8k $1.5m $1.5m 0.07% Reduced -17.8k -17,762
56 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 59,99160.0k $1.5m $1.5m 0.03% Reduced -155.9k -155,935
57 HighTower Trust Company, N.A. 0.14% of their portfolio HOUSTON, TX 59,72359.7k $1.5m $1.5m 0.14% Added +284 +284
58 Apexium Financial, LP 0.14% of their portfolio Dallas, TX 58,40358.4k $1.5m $1.5m 0.14% Reduced -2.5k -2,502
59 FORTE ASSET MANAGEMENT LLC 0.94% of their portfolio BEDFORD, NY 57,17657.2k $1.4m $1.4m 0.94% Reduced -18.7k -18,679
60 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.25% of their portfolio ALAMO, CA 56,92056.9k $1.4m $1.4m 0.25% Reduced -158 -158
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 52,78152.8k $1.3m $1.3m 0.00% Reduced -18.1k -18,083
62 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 51,89551.9k $1.3m $1.3m 0.00% Reduced -3.0k -3,029
63 Venturi Wealth Management, LLC 0.11% of their portfolio AUSTIN, TX 51,34751.3k $1.3m $1.3m 0.11% Reduced -6.8k -6,761
64 MISSION WEALTH MANAGEMENT, LP 0.05% of their portfolio Santa Barbara, CA 51,16651.2k $1.3m $1.3m 0.05% Reduced -2.0k -1,989
65 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 50,87650.9k $1.3m $1.3m 0.03% Reduced -1.2k -1,176
66 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 50,54850.5k $1.3m $1.3m 0.09% Reduced -52.5k -52,521
67 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 49,19349.2k $1.2m $1.2m 0.01% Reduced -16.2k -16,246
68 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 45,62245.6k $1.1m $1.1m 0.01% Reduced -674 -674
69 AtlasMark Financial, Inc 1.44% of their portfolio AUSTIN, TX 44,20844.2k $1.1m $1.1m 1.44% First filing
70 NWAM LLC 0.11% of their portfolio MERCER ISLAND, WA 44,17744.2k $1.1m $1.1m 0.11% Added +275 +275
71 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 42,80042.8k $1.1m $1.1m 0.03% Reduced -6.3k -6,283
72 Bard Financial Services, Inc. 0.08% of their portfolio BRANFORD, CT 42,17242.2k $1.1m $1.1m 0.08% Reduced -57.2k -57,166
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 40,32840.3k $1.0m $1.0m 0.00% Added +7.8k +7,771
74 Rather & Kittrell, Inc. 0.45% of their portfolio Knoxville, TN 39,73439.7k $989.8k $989.8k 0.45% Reduced -2.3k -2,316
75 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,52939.5k $985.0k $985.0k 0.00% New
76 Integrated Investment Consultants, LLC 0.31% of their portfolio BLOOMFIELD HILLS, MI 39,16739.2k $975.6k $975.6k 0.31% Reduced -545 -545
77 TWO SIGMA SECURITIES, LLC 0.08% of their portfolio NEW YORK, NY 37,84637.8k $942.7k $942.7k 0.08% New
78 SMITH, MOORE & CO. 0.13% of their portfolio CLAYTON, MO 37,01937.0k $922.1k $922.1k 0.13% Unchanged
79 FIRST NATIONAL CORP /MA/ /ADV 0.22% of their portfolio ROCKLAND, MA 36,68136.7k $913.7k $913.7k 0.22% Added +3.4k +3,402
80 CW Advisors, LLC 0.02% of their portfolio BOSTON, MA 35,36735.4k $881.0k $881.0k 0.02% Reduced -579 -579
81 NorthLanding Financial Partners, LLC 0.56% of their portfolio ROCHESTER, NY 32,05032.0k $798.4k $798.4k 0.56% Added +777 +777
82 Cedar Wealth Management, LLC 0.32% of their portfolio LA JOLLA, CA 31,04731.0k $773.4k $773.4k 0.32% Added +2.8k +2,758
83 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,80730.8k $767.4k $767.4k 0.00% Reduced -19.8k -19,836
84 Demars Financial Group, LLC 0.41% of their portfolio SPOKANE VALLEY, WA 29,52029.5k $735.4k $735.4k 0.41% Reduced -609 -609
85 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 28,61628.6k $879.4k $879.4k 0.00% New
86 HBW ADVISORY SERVICES LLC 0.17% of their portfolio SIMI VALLEY, CA 27,24227.2k $679.0k $679.0k 0.17% Added +1.3k +1,318
87 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 26,79626.8k $667.5k $667.5k 0.01% Added +7.3k +7,316
88 Tufton Capital Management 0.13% of their portfolio HUNT VALLEY, MD 24,83324.8k $618.6k $618.6k 0.13% Reduced -110 -110
89 Connectus Wealth, LLC 0.02% of their portfolio CINCINNATI, OH 24,66124.7k $615.4k $615.4k 0.02% New
90 HF Advisory Group, LLC 0.53% of their portfolio Annapolis, MD 23,97924.0k $597.3k $597.3k 0.53% Added +2.3k +2,315
91 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 23,23523.2k $578.8k $578.8k 0.00% Reduced -26.1k -26,084
92 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 22,94722.9k $572.0k $572.0k 0.03% Added +6.4k +6,353
93 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 21,45921.5k $534.5k $534.5k 0.01% Added +1.4k +1,426
94 Colonial Trust Advisors 0.06% of their portfolio SPARTANBURG, SC 20,99621.0k $523.0k $523.0k 0.06% Added +77 +77
95 Pathway Financial Advisers, LLC 0.21% of their portfolio AUBURN, IN 20,75220.8k $516.9k $516.9k 0.21% Added +85 +85
96 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 18,79318.8k $466.7k $466.7k 0.02% Reduced -1.8k -1,807
97 BCS Wealth Management 0.21% of their portfolio JOHNSON CITY, TN 18,41818.4k $459.0k $459.0k 0.21% Added +3.0k +3,024
98 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 18,34018.3k $457.0k $457.0k 0.05% New
99 Rehmann Capital Advisory Group 0.04% of their portfolio LANSING, MI 17,87417.9k $445.2k $445.2k 0.04% Added +492 +492
100 Harbour Capital Advisors, LLC 0.13% of their portfolio TYSONS CORNER, VA 16,97317.0k $421.3k $421.3k 0.13% New