Vault-13

FIDELITY COVINGTON TRUST FUTY

MSCI UTILS INDEX · ETP · CUSIP 316092865

172 institutional holders -5 vs Q2 2023
26,085,66626.1m shares reported held*
$989.1mreported value*
20 new 60 added 63 reduced 25 sold out net sold ≈ $133.0m (-3.6m 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 ≈ $37.92.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 174Q4 22: 176Q1 23: 167Q2 23: 177Q3 23: 172172Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022174
Q4 2022176
Q1 2023167
Q2 2023177
Q3 2023172

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 96 bought or addedQ4 22: 72 cut or sold outQ4 22Q1 23: 66 bought or addedQ1 23: 89 cut or sold outQ1 23Q2 23: 83 bought or addedQ2 23: 76 cut or sold outQ2 23Q3 23: 80 bought or addedQ3 23: 88 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229672
Q1 20236689
Q2 20238376
Q3 20238088

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ4 22 calls: $309.9kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$309.9k$00.00
Q1 2023$0$0—
Q2 2023$0$0—
Q3 2023$0$0—

Biggest buyers

TRAPHAGEN INVESTMENT ADVISORS LLC New +1,021,652+1.0m
MORGAN STANLEY Added +157,276+157.3k
BNP PARIBAS FINANCIAL MARKETS Added +114,988+115.0k
AE Wealth Management LLC Added +95,986+96.0k
JANE STREET GROUP, LLC Added +47,971+48.0k
Brookstone Capital Management Added +42,531+42.5k
Steward Partners Investment Advisory, LLC Added +37,359+37.4k
LPL Financial LLC Added +31,755+31.8k
Beaumont Financial Advisors, LLC New +24,873+24.9k
Cambridge Investment Research Advisors, Inc. Added +22,793+22.8k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -4,027,615-4.0m
RATIONAL ADVISORS, INC. Reduced -322,535-322.5k
TORONTO DOMINION BANK Reduced -231,000-231.0k
WELLS FARGO & COMPANY/MN Reduced -124,544-124.5k
SMITH SHELLNUT WILSON LLC /ADV Reduced -93,517-93.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -80,970-81.0k
Fortis Advisors, LLC Reduced -66,930-66.9k
Prostatis Group LLC Sold out -48,962-49.0k
AMERIPRISE FINANCIAL INC Sold out -46,932-46.9k
HBW ADVISORY SERVICES LLC Reduced -38,549-38.5k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 17,165,97117.2m $650.9m $650.9m 0.08% Reduced -4.0m -4,027,615
2 RATIONAL ADVISORS, INC. 4.41% of their portfolio San Juan, PR 1,283,4501.3m $48.7m $48.7m 4.41% Reduced -322.5k -322,535
3 TRAPHAGEN INVESTMENT ADVISORS LLC 4.91% of their portfolio ORADELL, NJ 1,021,6521.0m $38.7m $38.7m 4.91% New
4 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 955,000955.0k $36.2m $36.2m 0.03% Reduced -231.0k -231,000
5 Lido Advisors, LLC 0.17% of their portfolio Los Angeles, CA 399,644399.6k $15.2m $15.2m 0.17% Reduced -18.0k -17,974
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 336,198336.2k $12.7m $12.7m 0.00% Added +157.3k +157,276
7 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 322,001322.0k $12.2m $12.2m 0.03% Reduced -81.0k -80,970
8 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 300,073300.1k $11.4m $11.4m 0.05% Added +22.8k +22,793
9 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 294,178294.2k $11.2m $11.2m 0.02% Reduced -27.2k -27,153
10 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 274,438274.4k $10.4m $10.4m 0.01% Added +31.8k +31,755
11 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 264,209264.2k $10.0m $10.0m 0.06% Added +96.0k +95,986
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 246,746246.7k $9.4m $9.4m 0.00% Reduced -32.6k -32,610
13 Full Sail Capital, LLC 0.62% of their portfolio OKLAHOMA CITY, OK 189,307189.3k $7.2m $7.2m 0.62% Reduced -4.6k -4,556
14 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 150,112150.1k $5.7m $5.7m 0.01% Added +115.0k +114,988
15 Brookstone Capital Management 0.12% of their portfolio WHEATON, IL 142,630142.6k $5.4m $5.4m 0.12% Added +42.5k +42,531
16 IFG Advisory, LLC 0.38% of their portfolio ATLANTA, GA 120,000120.0k $4.6m $4.6m 0.38% Added +4.9k +4,871
17 Advisory Services Network, LLC 0.12% of their portfolio ATLANTA, GA 116,766116.8k $4.4m $4.4m 0.12% Reduced -368 -368
18 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 101,300101.3k $3.8m $3.8m 0.01% Added +48.0k +47,971
19 LifePlan Investment Advisors, Inc. 3.72% of their portfolio RALEIGH, NC 92,35192.4k $3.5m $3.5m 3.72% Added +6.5k +6,496
20 Connectus Wealth, LLC 0.07% of their portfolio CINCINNATI, OH 87,06387.1k $3.3m $3.3m 0.07% Added +1.3k +1,301
21 Fortis Advisors, LLC 2.27% of their portfolio WAYNE, PA 79,60279.6k $3.0m $3.0m 2.27% Reduced -66.9k -66,930
22 MONUMENTAL FINANCIAL GROUP INC. 1.98% of their portfolio ROCKVILLE, MD 78,37978.4k $3.0m $3.0m 1.98% Added +4.8k +4,764
23 Demars Financial Group, LLC 1.55% of their portfolio SPOKANE VALLEY, WA 71,28971.3k $2.7m $2.7m 1.55% Reduced -1.6k -1,554
24 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 70,22770.2k $2.7m $2.7m 0.06% Added +3.6k +3,640
25 STABLEFORD CAPITAL II LLC 1.18% of their portfolio SCOTTSDALE, AZ 66,73766.7k $2.6m $2.6m 1.18% Added +2 +2
26 Conrad Siegel Investment Advisors, Inc. 1.27% of their portfolio HARRISBURG, PA 65,00865.0k $2.5m $2.5m 1.27% Added +12.5k +12,534
27 Beck Bode, LLC 0.59% of their portfolio DEDHAM, MA 61,06061.1k $2.3m $2.3m 0.59% Reduced -2.4k -2,421
28 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 57,00057.0k $2.2m $2.2m 0.01% Reduced -2.8k -2,800
29 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 49,31949.3k $1.9m $1.9m 0.02% Added +8.6k +8,551
30 Maltin Wealth Management, Inc. 1.21% of their portfolio RIDGEWOOD, NJ 45,55845.6k $1.7m $1.7m 1.21% Added +1.3k +1,306
31 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 43,47243.5k $1.6m $1.6m 0.01% Added +3.5k +3,507
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 42,83642.8k $1.6m $1.6m 0.00% Reduced -4.6k -4,574
33 Estate Counselors, LLC 0.21% of their portfolio Thiensville, WI 40,91040.9k $1.6m $1.6m 0.21% Unchanged
34 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 38,85738.9k $1.5m $1.5m 0.02% Added +37.4k +37,359
35 NWAM LLC 0.15% of their portfolio MERCER ISLAND, WA 38,08838.1k $1.4m $1.4m 0.15% Added +3.2k +3,156
36 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 37,26837.3k $1.4m $1.4m 0.05% Added +3.5k +3,468
37 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 35,34035.3k $1.3m $1.3m 0.01% Added +9.6k +9,615
38 Proquility Private Wealth Partners, LLC 0.54% of their portfolio LAS VEGAS, NV 34,43634.4k $1.3m $1.3m 0.54% Reduced -551 -551
39 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 32,17632.2k $1.2m $1.2m 0.00% Reduced -555 -555
40 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 31,92631.9k $1.2m $1.2m 0.00% Reduced -704 -704
41 Heck Capital Advisors, LLC 0.22% of their portfolio Rhinelander, WI 31,22931.2k $1.2m $1.2m 0.22% Reduced -25.8k -25,755
42 FINANCIAL MANAGEMENT NETWORK INC 0.37% of their portfolio MISSION VIEJO, CA 30,61830.6k $1.1m $1.1m 0.37% Added +2.1k +2,056
43 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 30,13630.1k $1.1m $1.1m 0.00% Added +16.0k +15,967
44 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 27,85727.9k $1.1m $1.1m 0.00% Reduced -2.3k -2,272
45 Mascoma Wealth Management LLC 0.32% of their portfolio HANOVER, NH 26,97727.0k $1.0m $1.0m 0.32% Reduced -2.9k -2,865
46 Atlas Financial Advisors, Inc. 0.76% of their portfolio OROVILLE, CA 25,75225.8k $976.5k $976.5k 0.76% Added +12.1k +12,145
47 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 25,61125.6k $971.2k $971.2k 0.01% Reduced -1.1k -1,071
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 25,60625.6k $971.0k $971.0k 0.00% Added +7.6k +7,594
49 Beaumont Financial Advisors, LLC 0.09% of their portfolio NEEDHAM, MA 24,87324.9k $943.2k $943.2k 0.09% New
50 J.W. COLE ADVISORS, INC. 0.07% of their portfolio TAMPA, FL 24,18924.2k $917.2k $917.2k 0.07% Reduced -1.1k -1,067
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,01424.0k $910.6k $910.6k 0.00% Reduced -3.5k -3,537
52 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 24,00324.0k $910.2k $910.2k 0.00% Added +509 +509
53 Capital Investment Advisory Services, LLC 0.09% of their portfolio RALEIGH, NC 23,87323.9k $905.3k $905.3k 0.09% Reduced -233 -233
54 Lifeworks Advisors, LLC 0.35% of their portfolio GRAND RAPIDS, MI 23,66723.7k $897.5k $897.5k 0.35% Added +3.8k +3,753
55 Jaffetilchin Investment Partners, LLC 0.09% of their portfolio TAMPA, FL 22,55822.6k $855.4k $855.4k 0.09% Added +204 +204
56 Yoder Wealth Management, Inc. 0.69% of their portfolio WALNUT CREEK, CA 22,03922.0k $835.7k $835.7k 0.69% Added +1.2k +1,170
57 LINCOLN NATIONAL CORP 0.02% of their portfolio RADNOR, PA 21,50521.5k $815.5k $815.5k 0.02% Added +992 +992
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 20,71720.7k $785.6k $785.6k 0.00% Reduced -124.5k -124,544
59 Sunbelt Securities, Inc. 0.10% of their portfolio HOUSTON, TX 19,31719.3k $732.5k $732.5k 0.10% Reduced -694 -694
60 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 18,71518.7k $709.6k $709.6k 0.00% Added +2.7k +2,660
61 FMR LLC 0.00% of their portfolio BOSTON, MA 18,65418.7k $707.4k $707.4k 0.00% Reduced -4.7k -4,698
62 BEAM WEALTH ADVISORS, INC. 0.50% of their portfolio COVINGTON, LA 18,61718.6k $705.9k $705.9k 0.50% Added +5.1k +5,133
63 Soltis Investment Advisors LLC 0.09% of their portfolio ST. GEORGE, UT 18,43518.4k $699.1k $699.1k 0.09% Reduced -3.2k -3,221
64 ATLAS CAPITAL ADVISORS INC. 0.11% of their portfolio JACKSON, WY 18,27718.3k $693.1k $693.1k 0.11% Added +4.0k +4,019
65 Cedar Wealth Management, LLC 0.27% of their portfolio LA JOLLA, CA 18,15818.2k $688.6k $688.6k 0.27% Added +4.2k +4,161
66 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 16,82816.8k $638.1k $638.1k 0.01% Reduced -1.6k -1,557
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 16,65116.7k $631.3k $631.3k 0.00% Added +2.6k +2,607
68 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 16,46216.5k $624.2k $624.2k 0.01% Added +607 +607
69 CIBC WORLD MARKETS CORP 0.01% of their portfolio NEW YORK, NY 16,42816.4k $623.0k $623.0k 0.01% New
70 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 15,91115.9k $603.4k $603.4k 0.00% Reduced -381 -381
71 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,75815.8k $597.5k $597.5k 0.00% Added +5.6k +5,565
72 SWEENEY & MICHEL, LLC 0.31% of their portfolio CHICO, CA 15,22115.2k $593.2k $593.2k 0.31% Added +4.1k +4,085
73 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 15,15915.2k $574.8k $574.8k 0.02% Reduced -296 -296
74 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 14,58614.6k $553.1k $553.1k 0.03% Added +2.2k +2,247
75 Smith Salley Wealth Management 0.04% of their portfolio GREENSBORO, NC 14,32314.3k $543.1k $543.1k 0.04% Added +668 +668
76 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.11% of their portfolio CEDARBURG, WI 13,87513.9k $522.8k $522.8k 0.11% Reduced -95 -95
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,61613.6k $515.0k $515.0k 0.00% Added +6.3k +6,348
78 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 13,26113.3k $502.9k $502.9k 0.03% Added +4.6k +4,552
79 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 12,74512.7k $483.3k $483.3k 0.00% Added +3.2k +3,226
80 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 12,74412.7k $483.3k $483.3k 0.03% Added +5.6k +5,582
81 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 12,41912.4k $470.9k $470.9k 0.01% Reduced -941 -941
82 Abound Wealth Management 0.20% of their portfolio FRANKLIN, TN 12,09212.1k $458.5k $458.5k 0.20% Reduced -3.3k -3,335
83 Cedar Brook Financial Partners, LLC 0.12% of their portfolio CLEVELAND, OH 11,81611.8k $448.1k $448.1k 0.12% Added +110 +110
84 Ballew Advisors, Inc 0.35% of their portfolio Jackson, MS 11,80011.8k $430.6k $430.6k 0.35% Reduced -68 -68
85 Fragasso Financial Advisors Inc 0.05% of their portfolio SEWICKLEY, PA 11,69811.7k $443.6k $443.6k 0.05% Reduced -846 -846
86 RWA WEALTH PARTNERS, LLC 0.01% of their portfolio BOSTON, MA 11,25311.3k $426.7k $426.7k 0.01% New
87 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 11,12711.1k $421.9k $421.9k 0.00% Unchanged
88 Exchange Capital Management, Inc. 0.08% of their portfolio Ann Arbor, MI 11,00011.0k $417.1k $417.1k 0.08% Reduced -126 -126
89 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% of their portfolio KOKOMO, IN 10,70310.7k $405.9k $405.9k 0.05% Reduced -316 -316
90 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 10,70010.7k $405.8k $405.8k 0.00% Added +41 +41
91 Grey Ledge Advisors, LLC 0.13% of their portfolio GUILFORD, CT 10,58510.6k $401.4k $401.4k 0.13% Reduced -703 -703
92 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 10,56210.6k $400.0k $400.0k 0.00% Reduced -4.3k -4,291
93 Glass Jacobson Investment Advisors llc 0.18% of their portfolio OWINGS MILLS, MD 10,26810.3k $389.4k $389.4k 0.18% Added +832 +832
94 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 10,16110.2k $385.3k $385.3k 0.03% New
95 EUDAIMONIA ADVISORS LLC 0.27% of their portfolio Winchester, TN 9,96810.0k $378.0k $378.0k 0.27% Reduced -11.9k -11,886
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,5319.5k $361.4k $361.4k 0.00% New
97 Accel Wealth Management 0.20% of their portfolio WAVERLY, IA 9,5089.5k $360.6k $360.6k 0.20% Reduced -42 -42
98 LYNCH & ASSOCIATES/IN 0.09% of their portfolio EVANSVILLE, IN 9,2229.2k $349.7k $349.7k 0.09% Added +392 +392
99 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 9,0749.1k $344.1k $344.1k 0.00% Unchanged
100 FIRST NATIONAL CORP /MA/ /ADV 0.09% of their portfolio ROCKLAND, MA 8,9338.9k $338.7k $338.7k 0.09% Reduced -2.9k -2,918