Vault-13

FIDELITY COVINGTON TRUST FREL

MSCI RL EST ETF · ETP · CUSIP 316092857

202 institutional holders -2 vs Q1 2024
14,178,95514.2m shares reported held*
$359.9mreported value*
14 new 83 added 70 reduced 17 sold out net sold ≈ $4.3m (-164.8k 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 ($337.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.38.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 192Q4 22: 196Q1 23: 196Q2 23: 200Q3 23: 179Q4 23: 207Q1 24: 204Q2 24: 202202Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022192
Q4 2022196
Q1 2023196
Q2 2023200
Q3 2023179
Q4 2023207
Q1 2024204
Q2 2024202

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 94 bought or addedQ4 22: 87 cut or sold outQ4 22Q1 23: 92 bought or addedQ1 23: 85 cut or sold outQ2 23: 92 bought or addedQ2 23: 87 cut or sold outQ2 23Q3 23: 93 bought or addedQ3 23: 86 cut or sold outQ4 23: 97 bought or addedQ4 23: 78 cut or sold outQ4 23Q1 24: 107 bought or addedQ1 24: 83 cut or sold outQ2 24: 97 bought or addedQ2 24: 87 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229487
Q1 20239285
Q2 20239287
Q3 20239386
Q4 20239778
Q1 202410783
Q2 20249787

Biggest buyers

AE Wealth Management LLC Added +141,975+142.0k
CITIZENS & NORTHERN CORP Added +110,801+110.8k
Black Diamond Financial, LLC Added +102,865+102.9k
Rehmann Capital Advisory Group Added +94,167+94.2k
Riverpoint Wealth Management Holdings, LLC Added +47,741+47.7k
Lido Advisors, LLC Added +47,069+47.1k
CW Advisors, LLC New +46,480+46.5k
TRUEFG, LLC Added +34,881+34.9k
VCI Wealth Management LLC New +30,226+30.2k
MAI Capital Management Added +29,125+29.1k

Biggest sellers

MORGAN STANLEY Reduced -226,620-226.6k
PNC Financial Services Group, Inc. Reduced -150,367-150.4k
GOLDMAN SACHS GROUP INC Reduced -85,861-85.9k
JPMORGAN CHASE & CO Reduced -68,670-68.7k
NWAM LLC Sold out -62,393-62.4k
Diversify Advisory Services, LLC Reduced -61,222-61.2k
Raymond James Financial Services Advisors, Inc. Reduced -60,629-60.6k
LINCOLN NATIONAL CORP Sold out -54,888-54.9k
MML INVESTORS SERVICES, LLC Reduced -45,656-45.7k
Cetera Investment Advisers Reduced -43,395-43.4k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 1,493,0601.5m $37.8m $37.8m 0.03% Reduced -150.4k -150,367
2 Lido Advisors, LLC 0.22% of their portfolio Los Angeles, CA 1,035,1951.0m $26.2m $26.2m 0.22% Added +47.1k +47,069
3 CITIZENS & NORTHERN CORP 6.06% of their portfolio WELLSBORO, PA 764,513764.5k $19.4m $19.4m 6.06% Added +110.8k +110,801
4 AE Wealth Management LLC 0.16% of their portfolio TOPEKA, KS 625,027625.0k $15.8m $15.8m 0.16% Added +142.0k +141,975
5 TRUEFG, LLC 5.14% of their portfolio CEDAR PARK, TX 561,783561.8k $14.2m $14.2m 5.14% Added +34.9k +34,881
6 Pure Financial Advisors, LLC 0.32% of their portfolio SAN DIEGO, CA 460,749460.7k $11.7m $11.7m 0.32% Reduced -16.0k -16,048
7 Black Diamond Financial, LLC 2.13% of their portfolio TOWSON, MD 434,473434.5k $11.0m $11.0m 2.13% Added +102.9k +102,865
8 Riverpoint Wealth Management Holdings, LLC 2.87% of their portfolio CHICAGO, IL 407,542407.5k $10.3m $10.3m 2.87% Added +47.7k +47,741
9 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 389,425389.4k $9.9m $9.9m 0.02% Reduced -30.6k -30,608
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 381,339381.3k $9.7m $9.7m 0.01% Added +492 +492
11 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 343,655343.7k $8.7m $8.7m 0.09% Added +29.1k +29,125
12 AVANTAX ADVISORY SERVICES, INC. 0.06% of their portfolio DALLAS, TX 341,766341.8k $8.7m $8.7m 0.06% Added +6.0k +6,015
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 323,920323.9k $8.2m $8.2m 0.00% Added +27.4k +27,449
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 305,221305.2k $7.7m $7.7m 0.00% Added +28.6k +28,552
15 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 271,447271.4k $6.9m $6.9m 0.01% Reduced -9.0k -9,040
16 Dynamic Advisor Solutions LLC 0.18% of their portfolio PHOENIX, AZ 221,128221.1k $5.6m $5.6m 0.18% Added +23.4k +23,391
17 Physician Wealth Advisors, Inc. 1.05% of their portfolio MIDVALE, UT 210,729210.7k $5.7m $5.7m 1.05% Reduced -9.6k -9,578
18 AMERICAN FINANCIAL & TAX STRATEGIES INC 2.58% of their portfolio NEW YORK, NY 192,809192.8k $4.9m $4.9m 2.58% Added +3.1k +3,051
19 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 159,830159.8k $4.1m $4.1m 0.01% Added +10.3k +10,326
20 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 157,240157.2k $4.0m $4.0m 0.01% Reduced -1.9k -1,859
21 Independent Solutions Wealth Management, LLC 0.89% of their portfolio Williamsville, NY 153,256153.3k $3.9m $3.9m 0.89% Added +2.1k +2,092
22 Marotta Asset Management 0.74% of their portfolio CHARLOTTESVILLE, VA 141,827141.8k $3.6m $3.6m 0.74% Added +27.7k +27,709
23 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 136,732136.7k $3.5m $3.5m 0.01% Reduced -6.0k -5,966
24 Advisory Services Network, LLC 0.07% of their portfolio ATLANTA, GA 133,547133.5k $3.4m $3.4m 0.07% Added +680 +680
25 Galvin, Gaustad & Stein, LLC 0.30% of their portfolio Scottsdale, AZ 127,247127.2k $3.2m $3.2m 0.30% Reduced -1.3k -1,253
26 Essential Planning, LLC. 1.40% of their portfolio PORTSMOUTH, NH 125,949125.9k $3.2m $3.2m 1.40% Added +5.5k +5,518
27 RFG Advisory, LLC 0.10% of their portfolio BIRMINGHAM, AL 125,526125.5k $3.2m $3.2m 0.10% Added +17.2k +17,173
28 SACHEM HILL LLC 0.67% of their portfolio DENVER, CO 124,001124.0k $3.1m $3.1m 0.67% Added +8.6k +8,614
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 120,027120.0k $3.0m $3.0m 0.00% Reduced -226.6k -226,620
30 DIVERSIFY WEALTH MANAGEMENT, LLC 0.39% of their portfolio SANDY, UT 118,665118.7k $3.2m $3.2m 0.39% First filing
31 Rehmann Capital Advisory Group 0.20% of their portfolio LANSING, MI 110,654110.7k $2.8m $2.8m 0.20% Added +94.2k +94,167
32 SigFig Wealth Management, LLC 0.10% of their portfolio SAN FRANCISCO, CA 110,006110.0k $2.8m $2.8m 0.10% Added +2.9k +2,856
33 Opes Wealth Management LLC 0.55% of their portfolio MENLO PARK, CA 104,445104.4k $2.6m $2.6m 0.55% Added +1.6k +1,591
34 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 102,796102.8k $2.6m $2.6m 0.00% Added +19.0k +18,956
35 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 102,136102.1k $2.6m $2.6m 0.01% Reduced -724 -724
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 100,490100.5k $2.5m $2.5m 0.00% Reduced -68.7k -68,670
37 Blue Barn Wealth, LLC 1.42% of their portfolio OREM, UT 100,454100.5k $2.5m $2.5m 1.42% Added +5.3k +5,268
38 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 93,32293.3k $2.4m $2.4m 0.01% Reduced -45.7k -45,656
39 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 79,92279.9k $2.0m $2.0m 0.00% Reduced -60.6k -60,629
40 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 79,55879.6k $2.0m $2.0m 0.00% Reduced -3.8k -3,774
41 Soltis Investment Advisors LLC 0.21% of their portfolio ST. GEORGE, UT 78,84478.8k $2.0m $2.0m 0.21% Added +1 +1
42 Eagle Bay Advisors LLC 1.18% of their portfolio NEW YORK, NY 76,66376.7k $1.9m $1.9m 1.18% Added +6.1k +6,149
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 74,92974.9k $1.9m $1.9m 0.00% Added +7.8k +7,761
44 FORTE ASSET MANAGEMENT LLC 1.09% of their portfolio BEDFORD, NY 73,14873.1k $1.9m $1.9m 1.09% Added +3.7k +3,743
45 Asset Management Group, Inc. 0.34% of their portfolio STAMFORD, CT 71,98372.0k $1.8m $1.8m 0.34% Reduced -557 -557
46 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 70,28370.3k $1.8m $1.8m 0.02% Added +11.5k +11,534
47 Diversify Advisory Services, LLC 0.10% of their portfolio SANDY, UT 69,34869.3k $1.8m $1.8m 0.10% Reduced -61.2k -61,222
48 Marks Group Wealth Management, Inc 0.18% of their portfolio MINNETONKA, MN 68,32468.3k $1.7m $1.7m 0.18% Reduced -12.4k -12,436
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 68,29068.3k $1.7m $1.7m 0.00% Reduced -167 -167
50 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.22% of their portfolio ALAMO, CA 62,93362.9k $1.6m $1.6m 0.22% Added +1.8k +1,849
51 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 61,44261.4k $1.6m $1.6m 0.02% Added +4.5k +4,499
52 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 61,44261.4k $1.6m $1.6m 0.02% Added +4.5k +4,499
53 Sachetta, LLC 0.69% of their portfolio LYNNFIELD, MA 58,08758.1k $1.6m $1.6m 0.69% Added +13.1k +13,100
54 Palisades Hudson Asset Management, L.P. 0.66% of their portfolio FORT LAUDERDALE, FL 56,95157.0k $1.4m $1.4m 0.66% Added +479 +479
55 Heck Capital Advisors, LLC 0.18% of their portfolio Rhinelander, WI 56,54556.5k $1.4m $1.4m 0.18% Reduced -675 -675
56 Full Sail Capital, LLC 0.09% of their portfolio OKLAHOMA CITY, OK 54,12554.1k $1.4m $1.4m 0.09% Reduced -2.6k -2,642
57 Tortoise Investment Management, LLC 0.15% of their portfolio WHITE PLAINS, NY 53,19953.2k $1.3m $1.3m 0.15% Added +21.4k +21,384
58 FIRST NATIONAL CORP /MA/ /ADV 0.31% of their portfolio ROCKLAND, MA 52,06552.1k $1.3m $1.3m 0.31% Reduced -6.0k -6,033
59 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 51,61451.6k $1.3m $1.3m 0.01% Added +8.0k +8,006
60 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 50,68950.7k $1.3m $1.3m 0.00% Added +2.5k +2,502
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 50,33350.3k $1.3m $1.3m 0.00% Reduced -10.2k -10,190
62 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 47,07747.1k $1.2m $1.2m 0.10% Added +122 +122
63 CW Advisors, LLC 0.02% of their portfolio BOSTON, MA 46,48046.5k $1.2m $1.2m 0.02% New
64 Life Planning Partners, Inc 0.98% of their portfolio JACKSONVILLE, FL 42,60442.6k $1.1m $1.1m 0.98% Added +218 +218
65 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 42,10542.1k $1.1m $1.1m 0.03% Added +1.1k +1,129
66 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 39,22539.2k $828.6k $828.6k 0.00% Added +12.0k +12,034
67 Glass Jacobson Investment Advisors llc 0.35% of their portfolio OWINGS MILLS, MD 37,79737.8k $957.8k $957.8k 0.35% Reduced -704 -704
68 HF Advisory Group, LLC 0.49% of their portfolio Annapolis, MD 37,68037.7k $954.8k $954.8k 0.49% Added +6.6k +6,599
69 SMITH, MOORE & CO. 0.10% of their portfolio CLAYTON, MO 37,13737.1k $941.1k $941.1k 0.10% Unchanged
70 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 36,55936.6k $953.8k $953.8k 0.01% Unchanged
71 Rather & Kittrell, Inc. 0.25% of their portfolio Knoxville, TN 36,15136.2k $916.1k $916.1k 0.25% Added +272 +272
72 Birchcreek Wealth Management, LLC 0.48% of their portfolio MIAMI TOWNSHIP, OH 33,52733.5k $849.6k $849.6k 0.48% Reduced -102 -102
73 RAFFA WEALTH MANAGEMENT, LLC 0.23% of their portfolio WASHINGTON, DC 32,45732.5k $822.5k $822.5k 0.23% Added +12.5k +12,497
74 Integrated Investment Consultants, LLC 0.22% of their portfolio BLOOMFIELD HILLS, MI 31,00031.0k $808.8k $808.8k 0.22% Unchanged
75 VCI Wealth Management LLC 0.38% of their portfolio ST LOUIS, MO 30,22630.2k $765.9k $765.9k 0.38% New
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 30,10030.1k $762.9k $762.9k 0.00% Added +7.6k +7,615
77 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 28,17828.2k $714.0k $714.0k 0.00% Reduced -628 -628
78 S&T Bank/PA 0.18% of their portfolio Indiana, PA 27,66027.7k $701.0k $701.0k 0.18% Unchanged
79 Crestwood Advisors Group, LLC 0.01% of their portfolio BOSTON, MA 25,70225.7k $651.3k $651.3k 0.01% Reduced -5.3k -5,346
80 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 24,93724.9k $631.9k $631.9k 0.03% Added +3.1k +3,128
81 BALANCED WEALTH GROUP LLC 0.28% of their portfolio WESTLAKE, OH 24,89724.9k $624.2k $624.2k 0.28% Reduced -999 -999
82 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 24,88424.9k $630.6k $630.6k 0.01% Added +32 +32
83 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 24,25624.3k $614.6k $614.6k 0.00% Added +13.6k +13,569
84 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,61222.6k $573.0k $573.0k 0.00% New
85 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,23622.2k $563.5k $563.5k 0.00% Reduced -85.9k -85,861
86 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 21,19521.2k $537.1k $537.1k 0.00% Added +10.0k +9,961
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 20,92920.9k $530.4k $530.4k 0.00% Added +856 +856
88 Keel Point, LLC 0.05% of their portfolio HUNTSVILLE, AL 19,67919.7k $542.2k $542.2k 0.05% Reduced -2.3k -2,274
89 MISSION WEALTH MANAGEMENT, LP 0.01% of their portfolio Santa Barbara, CA 19,20219.2k $486.6k $486.6k 0.01% Reduced -4.0k -4,038
90 Clarity Asset Management, Inc. 0.35% of their portfolio AMES, IA 19,20019.2k $486.5k $486.5k 0.35% Added +2.7k +2,711
91 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 19,15119.2k $485.3k $485.3k 0.01% Reduced -1.4k -1,443
92 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 18,66118.7k $506.5k $506.5k 0.01% Reduced -3.2k -3,157
93 Pathway Financial Advisers, LLC 0.17% of their portfolio AUBURN, IN 18,31618.3k $463.1k $463.1k 0.17% Reduced -143 -143
94 Sunbelt Securities, Inc. 0.04% of their portfolio HOUSTON, TX 17,27217.3k $437.7k $437.7k 0.04% Reduced -141 -141
95 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,95717.0k $429.7k $429.7k 0.00% Reduced -43.4k -43,395
96 Smith Salley Wealth Management 0.03% of their portfolio GREENSBORO, NC 16,95617.0k $429.7k $429.7k 0.03% Added +46 +46
97 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 16,93516.9k $460.6k $460.6k 0.01% Reduced -15.3k -15,295
98 Investmark Advisory Group LLC 0.21% of their portfolio Shelton, CT 15,82015.8k $400.9k $400.9k 0.21% Reduced -6 -6
99 Venturi Wealth Management, LLC 0.02% of their portfolio AUSTIN, TX 15,43615.4k $391.1k $391.1k 0.02% Reduced -13.6k -13,617
100 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 15,12615.1k $383.3k $383.3k 0.01% Reduced -1.8k -1,758