Vault-13

FIDELITY COVINGTON TRUST FREL

MSCI RL EST ETF · ETP · CUSIP 316092857

204 institutional holders -8 vs Q4 2024
16,987,50817.0m shares reported held*
$457.7mreported value*
15 new 91 added 59 reduced 24 sold out net sold ≈ $178.8m (-6.5m 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 ($27.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.94.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 192Q4 22: 196Q1 23: 196Q2 23: 200Q3 23: 179Q4 23: 207Q1 24: 204Q2 24: 202Q3 24: 204Q4 24: 212Q1 25: 204204Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022192
Q4 2022196
Q1 2023196
Q2 2023200
Q3 2023179
Q4 2023207
Q1 2024204
Q2 2024202
Q3 2024204
Q4 2024212
Q1 2025204

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 92 bought or addedQ2 23: 87 cut or sold outQ3 23: 93 bought or addedQ3 23: 86 cut or sold outQ3 23Q4 23: 97 bought or addedQ4 23: 78 cut or sold outQ1 24: 107 bought or addedQ1 24: 83 cut or sold outQ1 24Q2 24: 97 bought or addedQ2 24: 87 cut or sold outQ3 24: 99 bought or addedQ3 24: 84 cut or sold outQ3 24Q4 24: 104 bought or addedQ4 24: 88 cut or sold outQ1 25: 106 bought or addedQ1 25: 83 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20239287
Q3 20239386
Q4 20239778
Q1 202410783
Q2 20249787
Q3 20249984
Q4 202410488
Q1 202510683

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +493,841+493.8k
Cetera Investment Advisers Added +177,619+177.6k
AGF MANAGEMENT LTD Added +156,924+156.9k
AE Wealth Management LLC Added +135,000+135.0k
Heck Capital Advisors, LLC Added +119,616+119.6k
AVANTAX ADVISORY SERVICES, INC. Added +52,504+52.5k
Bank of New York Mellon Corp New +51,664+51.7k
LPL Financial LLC Added +46,042+46.0k
OSAIC HOLDINGS, INC. Added +41,003+41.0k
PARK AVENUE SECURITIES LLC New +37,686+37.7k

Biggest sellers

Essential Planning, LLC. Reduced -7,810,496-7.8m
PNC Financial Services Group, Inc. Reduced -98,734-98.7k
NorthCoast Asset Management LLC Sold out -65,840-65.8k
Lido Advisors, LLC Reduced -54,424-54.4k
CITADEL ADVISORS LLC Reduced -35,308-35.3k
Cambridge Investment Research Advisors, Inc. Reduced -31,711-31.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -22,845-22.8k
Soltis Investment Advisors LLC Reduced -21,273-21.3k
Pure Financial Advisors, LLC Reduced -20,275-20.3k
OneDigital Investment Advisors LLC Sold out -16,822-16.8k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 1,215,3311.2m $33.4m $33.4m 0.02% Reduced -98.7k -98,734
2 Lido Advisors, LLC 0.19% of their portfolio Los Angeles, CA 1,153,3271.2m $31.7m $31.7m 0.19% Reduced -54.4k -54,424
3 AE Wealth Management LLC 0.24% of their portfolio TOPEKA, KS 1,026,0291.0m $28.2m $28.2m 0.24% Added +135.0k +135,000
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 887,449887.4k $24.4m $24.4m 0.01% Added +493.8k +493,841
5 CITIZENS & NORTHERN CORP 6.12% of their portfolio WELLSBORO, PA 790,369790.4k $21.7m $21.7m 6.12% Added +7.3k +7,302
6 TRUEFG, LLC 5.31% of their portfolio CEDAR PARK, TX 587,099587.1k $16.1m $16.1m 5.31% Added +23.5k +23,534
7 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 579,677579.7k $15.9m $15.9m 0.02% Added +12.9k +12,870
8 Black Diamond Financial, LLC 2.34% of their portfolio TOWSON, MD 566,193566.2k $15.6m $15.6m 2.34% Added +37.0k +36,999
9 Riverpoint Wealth Management Holdings, LLC 3.19% of their portfolio CHICAGO, IL 450,035450.0k $12.4m $12.4m 3.19% Added +19.3k +19,293
10 Pure Financial Advisors, LLC 0.24% of their portfolio SAN DIEGO, CA 416,409416.4k $11.4m $11.4m 0.24% Reduced -20.3k -20,275
11 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 413,873413.9k $11.4m $11.4m 0.07% Added +52.5k +52,504
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 411,071411.1k $11.3m $11.3m 0.01% Added +11.8k +11,761
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 357,459357.5k $9.8m $9.8m 0.00% Added +46.0k +46,042
14 MAI Capital Management 0.07% of their portfolio INDEPENDENCE, OH 337,395337.4k $9.3m $9.3m 0.07% Added +11.8k +11,841
15 Demars Financial Group, LLC 0.34% of their portfolio SPOKANE VALLEY, WA 328,810328.8k $12.0k $12.0k 0.34% Added +12.5k +12,547
16 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 298,678298.7k $8.2m $8.2m 0.04% Added +156.9k +156,924
17 Payne Capital Management, LLC 2.92% of their portfolio New York, NY 249,140249.1k $6.8m $6.8m 2.92% Added +16.8k +16,796
18 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 249,070249.1k $6.8m $6.8m 0.01% Reduced -7.9k -7,894
19 Dynamic Advisor Solutions LLC 0.21% of their portfolio PHOENIX, AZ 234,589234.6k $6.4m $6.4m 0.21% Added +10.7k +10,715
20 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 215,669215.7k $5.9m $5.9m 0.01% Added +41.0k +41,003
21 Heck Capital Advisors, LLC 0.65% of their portfolio Rhinelander, WI 209,065209.1k $5.7m $5.7m 0.65% Added +119.6k +119,616
22 Rehmann Capital Advisory Group 0.34% of their portfolio LANSING, MI 195,411195.4k $5.4m $5.4m 0.34% Added +27.5k +27,481
23 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 192,178192.2k $5.3m $5.3m 0.01% Added +177.6k +177,619
24 AMERICAN FINANCIAL & TAX STRATEGIES INC 2.75% of their portfolio NEW YORK, NY 186,368186.4k $5.1m $5.1m 2.75% Reduced -5.9k -5,862
25 Physician Wealth Advisors, Inc. 0.87% of their portfolio MIDVALE, UT 184,133184.1k $5.1m $5.1m 0.87% Reduced -3.7k -3,715
26 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 165,507165.5k $4.5m $4.5m 0.02% Added +30.7k +30,672
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 158,017158.0k $4.3m $4.3m 0.00% Added +19.9k +19,887
28 Advisory Services Network, LLC 0.08% of their portfolio ATLANTA, GA 154,789154.8k $4.3m $4.3m 0.08% Added +6.5k +6,488
29 DIVERSIFY WEALTH MANAGEMENT, LLC 0.29% of their portfolio SANDY, UT 147,488147.5k $3.9m $3.9m 0.29% Added +13.4k +13,415
30 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 144,443144.4k $4.0m $4.0m 0.01% Added +4.9k +4,880
31 Marotta Asset Management 0.82% of their portfolio CHARLOTTESVILLE, VA 141,485141.5k $4.2m $4.2m 0.82% Reduced -2.0k -2,029
32 RFG Advisory, LLC 0.10% of their portfolio BIRMINGHAM, AL 135,723135.7k $3.7m $3.7m 0.10% Added +7.0k +7,022
33 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 129,808129.8k $3.6m $3.6m 0.01% Reduced -11.0k -11,005
34 Essential Planning, LLC. 1.43% of their portfolio PORTSMOUTH, NH 129,314129.3k $3.6m $3.6m 1.43% Reduced -7.8m -7,810,496
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 128,291128.3k $3.5m $3.5m 0.00% Added +29.7k +29,747
36 Opes Wealth Management LLC 0.65% of their portfolio MENLO PARK, CA 117,852117.9k $3.2m $3.2m 0.65% Added +12.8k +12,784
37 Blue Barn Wealth, LLC 1.68% of their portfolio OREM, UT 117,070117.1k $3.2m $3.2m 1.68% Added +6.5k +6,453
38 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 114,808114.8k $3.2m $3.2m 0.00% Reduced -609 -609
39 Independent Solutions Wealth Management, LLC 0.71% of their portfolio Williamsville, NY 114,667114.7k $3.1m $3.1m 0.71% Added +1.6k +1,626
40 SACHEM HILL LLC 0.62% of their portfolio DENVER, CO 114,499114.5k $3.1m $3.1m 0.62% Reduced -6.2k -6,247
41 SigFig Wealth Management, LLC 0.11% of their portfolio SAN FRANCISCO, CA 108,858108.9k $3.0m $3.0m 0.11% Added +936 +936
42 Prospect Financial Group LLC 3.59% of their portfolio ARLINGTON, VA 102,526102.5k $2.8m $2.8m 3.59% Added +3.7k +3,722
43 Quadrature Capital Ltd 0.06% of their portfolio LONDON, X0 98,42398.4k $2.7m $2.7m 0.06% Added +35.7k +35,736
44 Fort Point Capital Partners LLC 0.26% of their portfolio San Francisco, CA 86,12386.1k $2.4m $2.4m 0.26% Reduced -4.5k -4,519
45 FORTE ASSET MANAGEMENT LLC 1.18% of their portfolio BEDFORD, NY 85,48485.5k $2.3m $2.3m 1.18% Added +9.5k +9,480
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 82,89982.9k $2.3m $2.3m 0.00% Reduced -8.9k -8,902
47 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 73,85673.9k $2.0m $2.0m 0.01% Reduced -31.7k -31,711
48 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.24% of their portfolio ALAMO, CA 69,29669.3k $1.9m $1.9m 0.24% Added +3.0k +2,950
49 Sachetta, LLC 0.77% of their portfolio LYNNFIELD, MA 68,62868.6k $1.9m $1.9m 0.77% Added +3.1k +3,125
50 NWAM LLC 0.16% of their portfolio MERCER ISLAND, WA 67,61767.6k $1.9m $1.9m 0.16% Added +2.3k +2,315
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 65,77865.8k $1.8m $1.8m 0.00% Reduced -13.0k -13,021
52 Asset Management Group, Inc. 0.33% of their portfolio STAMFORD, CT 65,19665.2k $1.8m $1.8m 0.33% Reduced -2.7k -2,740
53 FIRST NATIONAL CORP /MA/ /ADV 0.38% of their portfolio ROCKLAND, MA 62,28962.3k $1.7m $1.7m 0.38% Added +6.8k +6,759
54 Marks Group Wealth Management, Inc 0.16% of their portfolio MINNETONKA, MN 61,47861.5k $1.7m $1.7m 0.16% Added +989 +989
55 Beaumont Financial Advisors, LLC 0.13% of their portfolio NEEDHAM, MA 61,42561.4k $1.7m $1.7m 0.13% Reduced -1.3k -1,271
56 Palisades Hudson Asset Management, L.P. 0.75% of their portfolio FORT LAUDERDALE, FL 60,36460.4k $1.7m $1.7m 0.75% Added +3.0k +2,991
57 CW Advisors, LLC 0.02% of their portfolio BOSTON, MA 60,35560.4k $1.7m $1.7m 0.02% Reduced -111 -111
58 Soltis Investment Advisors LLC 0.14% of their portfolio ST. GEORGE, UT 57,59857.6k $1.6m $1.6m 0.14% Reduced -21.3k -21,273
59 Eagle Bay Advisors LLC 1.32% of their portfolio NEW YORK, NY 56,71356.7k $1.6m $1.6m 1.32% Added +4.7k +4,695
60 Tortoise Investment Management, LLC 0.15% of their portfolio WHITE PLAINS, NY 51,95452.0k $1.4m $1.4m 0.15% Reduced -520 -520
61 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 51,83751.8k $1.4m $1.4m 0.00% Added +11.4k +11,369
62 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 51,66451.7k $1.4m $1.4m 0.00% New
63 RAFFA WEALTH MANAGEMENT, LLC 0.32% of their portfolio WASHINGTON, DC 51,11751.1k $1.4m $1.4m 0.32% Added +5.7k +5,738
64 Caliber Wealth Management, LLC / KS 0.19% of their portfolio Overland Park, KS 50,49050.5k $1.4m $1.4m 0.19% First filing
65 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 49,38149.4k $1.4m $1.4m 0.02% Added +22.0k +22,026
66 Full Sail Capital, LLC 0.08% of their portfolio OKLAHOMA CITY, OK 47,19247.2k $1.3m $1.3m 0.08% Reduced -3.3k -3,300
67 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 45,81545.8k $1.3m $1.3m 0.01% Added +7.7k +7,653
68 HF Advisory Group, LLC 0.54% of their portfolio Annapolis, MD 44,83544.8k $1.2m $1.2m 0.54% Added +3.8k +3,754
69 Mariner, LLC 0.00% of their portfolio Overland Park, KS 44,11744.1k $1.2m $1.2m 0.00% Reduced -2.2k -2,181
70 Life Planning Partners, Inc 1.07% of their portfolio JACKSONVILLE, FL 42,87542.9k $1.2m $1.2m 1.07% Added +18 +18
71 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 42,64142.6k $1.2m $1.2m 0.00% Reduced -5.5k -5,520
72 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 42,60342.6k $1.2m $1.2m 0.02% Added +2.3k +2,333
73 Birchcreek Wealth Management, LLC 0.71% of their portfolio MIAMI TOWNSHIP, OH 41,19541.2k $1.1m $1.1m 0.71% Added +5.3k +5,253
74 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 40,25040.2k $1.1m $1.1m 0.03% Added +6.2k +6,243
75 Diversify Advisory Services, LLC 0.07% of their portfolio SANDY, UT 39,43739.4k $1.1m $1.1m 0.07% Added +9.5k +9,462
76 Glass Jacobson Investment Advisors llc 0.34% of their portfolio OWINGS MILLS, MD 37,85437.9k $1.0m $1.0m 0.34% Unchanged
77 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 37,68637.7k $1.0m $1.0m 0.01% New
78 SMITH, MOORE & CO. 0.09% of their portfolio CLAYTON, MO 36,79736.8k $1.0m $1.0m 0.09% Added +285 +285
79 Beckerman Institutional, LLC 0.69% of their portfolio OCEAN GROVE, NJ 34,87434.9k $958.0k $958.0k 0.69% Added +4.3k +4,307
80 PKS Advisory Services, LLC 0.26% of their portfolio ALBANY, NY 34,80434.8k $956.1k $956.1k 0.26% Reduced -1.6k -1,608
81 Rather & Kittrell, Inc. 0.19% of their portfolio Knoxville, TN 32,55432.6k $894.3k $894.3k 0.19% Reduced -754 -754
82 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 31,84831.8k $874.9k $874.9k 0.03% Added +3.2k +3,250
83 Integrated Investment Consultants, LLC 0.17% of their portfolio BLOOMFIELD HILLS, MI 31,00031.0k $851.6k $851.6k 0.17% Unchanged
84 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 28,26828.3k $776.5k $776.5k 0.00% Reduced -8.3k -8,322
85 BALANCED WEALTH GROUP LLC 0.35% of their portfolio WESTLAKE, OH 26,36226.4k $724.2k $724.2k 0.35% Added +244 +244
86 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 25,53425.5k $701.4k $701.4k 0.02% Added +16.3k +16,261
87 Elevated Capital Advisors, LLC 0.18% of their portfolio SANDY, UT 23,24923.2k $638.7k $638.7k 0.18% Reduced -1.2k -1,172
88 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 22,50822.5k $618.3k $618.3k 0.00% New
89 Modern Wealth Management, LLC 0.02% of their portfolio KANSAS CITY, MO 21,60521.6k $593.5k $593.5k 0.02% Added +790 +790
90 Investmark Advisory Group LLC 0.26% of their portfolio Shelton, CT 19,29219.3k $530.0k $530.0k 0.26% Added +1.3k +1,340
91 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 18,54018.5k $509.3k $509.3k 0.05% Added +5.3k +5,346
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 17,54117.5k $481.8k $481.8k 0.00% Added +2.5k +2,534
93 ATLAS CAPITAL ADVISORS INC. 0.06% of their portfolio JACKSON, WY 17,35917.4k $476.9k $476.9k 0.06% Added +6.0k +6,017
94 Keel Point, LLC 0.04% of their portfolio HUNTSVILLE, AL 17,10317.1k $469.8k $469.8k 0.04% Reduced -1.9k -1,904
95 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 16,82616.8k $462.2k $462.2k 0.00% Reduced -4.6k -4,557
96 Smith Salley Wealth Management 0.03% of their portfolio GREENSBORO, NC 16,56816.6k $455.1k $455.1k 0.03% Added +98 +98
97 Ausdal Financial Partners, Inc. 0.03% of their portfolio Davenport, IA 16,27516.3k $447.1k $447.1k 0.03% Reduced -390 -390
98 Snider Financial Group 0.14% of their portfolio BELLEVUE, WA 16,08716.1k $441.9k $441.9k 0.14% Reduced -2.4k -2,433
99 Clarity Asset Management, Inc. 0.28% of their portfolio AMES, IA 15,96616.0k $438.6k $438.6k 0.28% Reduced -2.6k -2,602
100 RIK SAYLOR FINANCIAL, INC. 0.38% of their portfolio FAIRFIELD, OH 15,89015.9k $436.5k $436.5k 0.38% Reduced -95 -95