Vault-13

FIDELITY COVINGTON TRUST FUTY

MSCI UTILS INDEX · ETP · CUSIP 316092865

184 institutional holders +12 vs Q3 2023
17,014,92217.0m shares reported held*
$694.6mreported value*
28 new 48 added 76 reduced 20 sold out net sold ≈ $370.4m (-9.1m 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 ($4.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.82.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 174Q4 22: 176Q1 23: 167Q2 23: 177Q3 23: 172Q4 23: 184184Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022174
Q4 2022176
Q1 2023167
Q2 2023177
Q3 2023172
Q4 2023184

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 23Q4 23: 76 bought or addedQ4 23: 96 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229672
Q1 20236689
Q2 20238376
Q3 20238088
Q4 20237696

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +278,340+278.3k
AE Wealth Management LLC Added +184,802+184.8k
GOLDMAN SACHS GROUP INC Added +97,103+97.1k
Richard C. Young & CO., LTD. New +82,761+82.8k
NEUBERGER BERMAN GROUP LLC New +67,067+67.1k
Estate Counselors, LLC Added +60,620+60.6k
Dynamic Advisor Solutions LLC Added +50,841+50.8k
HighTower Advisors, LLC Added +48,263+48.3k
Benchmark Financial Wealth Advisors, LLC New +43,433+43.4k
MORGAN STANLEY Added +36,532+36.5k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -7,651,032-7.7m
TORONTO DOMINION BANK Reduced -755,500-755.5k
RATIONAL ADVISORS, INC. Reduced -749,395-749.4k
TRAPHAGEN INVESTMENT ADVISORS LLC Reduced -160,389-160.4k
Full Sail Capital, LLC Reduced -155,337-155.3k
Connectus Wealth, LLC Sold out -87,063-87.1k
JANE STREET GROUP, LLC Reduced -86,291-86.3k
OSAIC HOLDINGS, INC. Reduced -68,373-68.4k
Demars Financial Group, LLC Reduced -57,508-57.5k
TWO SIGMA INVESTMENTS, LP Sold out -57,000-57.0k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 9,514,9399.5m $388.8m $388.8m 0.04% Reduced -7.7m -7,651,032
2 TRAPHAGEN INVESTMENT ADVISORS LLC 4.13% of their portfolio ORADELL, NJ 861,263861.3k $35.2m $35.2m 4.13% Reduced -160.4k -160,389
3 RATIONAL ADVISORS, INC. 2.22% of their portfolio San Juan, PR 534,055534.1k $21.8m $21.8m 2.22% Reduced -749.4k -749,395
4 AE Wealth Management LLC 0.09% of their portfolio TOPEKA, KS 449,011449.0k $17.7m $17.7m 0.09% Added +184.8k +184,802
5 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 428,452428.5k $17.5m $17.5m 0.03% Added +278.3k +278,340
6 Lido Advisors, LLC 0.16% of their portfolio Los Angeles, CA 398,531398.5k $16.3m $16.3m 0.16% Reduced -1.1k -1,113
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 372,730372.7k $15.2m $15.2m 0.00% Added +36.5k +36,532
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 293,938293.9k $12.0m $12.0m 0.01% Added +19.5k +19,500
9 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 269,855269.9k $11.0m $11.0m 0.02% Reduced -52.1k -52,146
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 258,952259.0k $10.6m $10.6m 0.00% Added +12.2k +12,206
11 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 249,133249.1k $10.2m $10.2m 0.04% Reduced -50.9k -50,940
12 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 225,805225.8k $9.2m $9.2m 0.02% Reduced -68.4k -68,373
13 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 199,500199.5k $8.2m $8.2m 0.01% Reduced -755.5k -755,500
14 Brookstone Capital Management 0.11% of their portfolio WHEATON, IL 139,041139.0k $5.7m $5.7m 0.11% Reduced -3.6k -3,589
15 IFG Advisory, LLC 0.38% of their portfolio ATLANTA, GA 127,370127.4k $5.2m $5.2m 0.38% Added +7.4k +7,370
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 122,709122.7k $5.0m $5.0m 0.00% Added +97.1k +97,103
17 Estate Counselors, LLC 0.51% of their portfolio Thiensville, WI 101,530101.5k $4.1m $4.1m 0.51% Added +60.6k +60,620
18 LifePlan Investment Advisors, Inc. 3.57% of their portfolio RALEIGH, NC 95,58795.6k $3.9m $3.9m 3.57% Added +3.2k +3,236
19 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 93,86593.9k $3.8m $3.8m 0.09% Reduced -22.9k -22,901
20 Richard C. Young & CO., LTD. 0.45% of their portfolio NEWPORT, RI 82,76182.8k $3.4m $3.4m 0.45% New
21 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 80,43980.4k $3.3m $3.3m 0.01% Added +48.3k +48,263
22 Conrad Siegel Investment Advisors, Inc. 1.39% of their portfolio HARRISBURG, PA 74,64874.6k $3.1m $3.1m 1.39% Added +9.6k +9,640
23 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 72,73872.7k $3.0m $3.0m 0.06% Added +2.5k +2,511
24 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 67,06767.1k $2.7m $2.7m 0.00% New
25 Dynamic Advisor Solutions LLC 0.10% of their portfolio PHOENIX, AZ 65,42765.4k $2.7m $2.7m 0.10% Added +50.8k +50,841
26 MONUMENTAL FINANCIAL GROUP INC. 1.59% of their portfolio ROCKVILLE, MD 65,35765.4k $2.7m $2.7m 1.59% Reduced -13.0k -13,022
27 Beck Bode, LLC 0.54% of their portfolio DEDHAM, MA 58,47758.5k $2.4m $2.4m 0.54% Reduced -2.6k -2,583
28 Fortis Advisors, LLC 1.69% of their portfolio WAYNE, PA 58,13158.1k $2.4m $2.4m 1.69% Reduced -21.5k -21,471
29 Beaumont Financial Advisors, LLC 0.22% of their portfolio NEEDHAM, MA 57,99258.0k $2.4m $2.4m 0.22% Added +33.1k +33,119
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,95948.0k $2.0m $2.0m 0.00% Added +27.2k +27,242
31 Benchmark Financial Wealth Advisors, LLC 0.76% of their portfolio BOCA RATON, FL 43,43343.4k $1.8m $1.8m 0.76% New
32 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 40,35840.4k $1.6m $1.6m 0.02% Added +1.5k +1,501
33 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 38,79138.8k $1.6m $1.6m 0.01% Reduced -4.7k -4,681
34 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 38,66938.7k $1.6m $1.6m 0.01% Reduced -10.7k -10,650
35 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 38,34838.3k $1.6m $1.6m 0.01% Added +3.0k +3,008
36 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 34,64534.6k $1.4m $1.4m 0.01% Added +18.2k +18,183
37 Maltin Wealth Management, Inc. 0.90% of their portfolio RIDGEWOOD, NJ 34,55934.6k $1.4m $1.4m 0.90% Reduced -11.0k -10,999
38 Full Sail Capital, LLC 0.11% of their portfolio OKLAHOMA CITY, OK 33,97034.0k $1.4m $1.4m 0.11% Reduced -155.3k -155,337
39 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 33,09533.1k $1.4m $1.4m 0.00% Added +3.0k +2,959
40 Galvin, Gaustad & Stein, LLC 0.13% of their portfolio Scottsdale, AZ 32,79232.8k $1.3m $1.3m 0.13% Added +26.7k +26,687
41 JSF Financial, LLC 0.44% of their portfolio LOS ANGELES, CA 30,70830.7k $1.3m $1.3m 0.44% New
42 FINANCIAL MANAGEMENT NETWORK INC 0.37% of their portfolio MISSION VIEJO, CA 30,29130.3k $1.3m $1.3m 0.37% Reduced -327 -327
43 NWAM LLC 0.10% of their portfolio MERCER ISLAND, WA 30,12530.1k $1.2m $1.2m 0.10% Reduced -8.0k -7,963
44 Yoder Wealth Management, Inc. 0.83% of their portfolio WALNUT CREEK, CA 28,66728.7k $1.2m $1.2m 0.83% Added +6.6k +6,628
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,54328.5k $1.2m $1.2m 0.00% Reduced -14.3k -14,293
46 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 26,94326.9k $1.1m $1.1m 0.01% New
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,01426.0k $1.1m $1.1m 0.00% Added +10.3k +10,256
48 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 25,20025.2k $1.0m $1.0m 0.00% New
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,93824.9k $1.0m $1.0m 0.00% Added +924 +924
50 LINCOLN NATIONAL CORP 0.02% of their portfolio RADNOR, PA 24,91324.9k $1.0m $1.0m 0.02% Added +3.4k +3,408
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 24,41724.4k $998.0k $998.0k 0.00% Added +5.7k +5,702
52 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 24,30324.3k $993.0k $993.0k 0.01% Reduced -1.3k -1,308
53 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 23,42323.4k $957.0k $957.0k 0.01% Added +12.7k +12,723
54 Capital Investment Advisory Services, LLC 0.09% of their portfolio RALEIGH, NC 22,72722.7k $928.6k $928.6k 0.09% Reduced -1.1k -1,146
55 Sunbelt Securities, Inc. 0.11% of their portfolio HOUSTON, TX 22,18922.2k $906.6k $906.6k 0.11% Added +2.9k +2,872
56 Jaffetilchin Investment Partners, LLC 0.09% of their portfolio TAMPA, FL 21,69421.7k $886.4k $886.4k 0.09% Reduced -864 -864
57 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 21,09021.1k $862.0k $862.0k 0.00% Reduced -6.8k -6,767
58 J.W. COLE ADVISORS, INC. 0.05% of their portfolio TAMPA, FL 20,92420.9k $854.9k $854.9k 0.05% Reduced -3.3k -3,265
59 CX Institutional 0.04% of their portfolio AUBURN, IN 20,45220.5k $835.7k $835.7k 0.04% New
60 Mascoma Wealth Management LLC 0.25% of their portfolio HANOVER, NH 20,07020.1k $820.0k $820.0k 0.25% Reduced -6.9k -6,907
61 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 19,65419.7k $803.1k $803.1k 0.00% Reduced -4.3k -4,349
62 GSA CAPITAL PARTNERS LLP 0.07% of their portfolio LONDON, X0 19,03619.0k $778.0k $778.0k 0.07% New
63 ATLAS CAPITAL ADVISORS INC. 0.11% of their portfolio JACKSON, WY 18,68618.7k $763.5k $763.5k 0.11% Added +409 +409
64 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 18,10418.1k $739.7k $739.7k 0.00% Added +5.4k +5,359
65 Cedar Wealth Management, LLC 0.27% of their portfolio LA JOLLA, CA 18,05218.1k $737.6k $737.6k 0.27% Reduced -106 -106
66 FMR LLC 0.00% of their portfolio BOSTON, MA 17,69617.7k $723.0k $723.0k 0.00% Reduced -958 -958
67 BEAM WEALTH ADVISORS, INC. 0.42% of their portfolio COVINGTON, LA 16,14216.1k $659.6k $659.6k 0.42% Reduced -2.5k -2,475
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,83315.8k $647.0k $647.0k 0.00% Added +2.2k +2,217
69 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 15,51615.5k $634.0k $634.0k 0.01% Reduced -1.3k -1,312
70 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,00915.0k $613.3k $613.3k 0.00% Reduced -86.3k -86,291
71 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 14,34214.3k $586.0k $586.0k 0.05% Reduced -22.9k -22,926
72 Demars Financial Group, LLC 0.30% of their portfolio SPOKANE VALLEY, WA 13,78113.8k $563.1k $563.1k 0.30% Reduced -57.5k -57,508
73 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 13,70213.7k $559.9k $559.9k 0.02% Added +441 +441
74 Smith Salley Wealth Management 0.04% of their portfolio GREENSBORO, NC 13,70113.7k $559.8k $559.8k 0.04% Reduced -622 -622
75 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 13,47313.5k $550.5k $550.5k 0.00% Reduced -2.4k -2,438
76 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,42413.4k $548.5k $548.5k 0.00% Reduced -18.5k -18,502
77 Atlas Financial Advisors, Inc. 0.88% of their portfolio OROVILLE, CA 13,11713.1k $536.0k $536.0k 0.88% Reduced -12.6k -12,635
78 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.10% of their portfolio CEDARBURG, WI 12,18712.2k $480.3k $480.3k 0.10% Reduced -1.7k -1,688
79 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 12,16012.2k $496.9k $496.9k 0.03% Reduced -584 -584
80 Heck Capital Advisors, LLC 0.08% of their portfolio Rhinelander, WI 11,93311.9k $487.6k $487.6k 0.08% Reduced -19.3k -19,296
81 Cedar Brook Financial Partners, LLC 0.11% of their portfolio CLEVELAND, OH 11,71011.7k $474.5k $474.5k 0.11% Reduced -106 -106
82 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 11,53911.5k $471.5k $471.5k 0.02% Reduced -3.6k -3,620
83 Proquility Private Wealth Partners, LLC 0.18% of their portfolio LAS VEGAS, NV 11,40211.4k $465.9k $465.9k 0.18% Reduced -23.0k -23,034
84 Glass Jacobson Investment Advisors llc 0.19% of their portfolio OWINGS MILLS, MD 11,27611.3k $460.7k $460.7k 0.19% Added +1.0k +1,008
85 Exchange Capital Management, Inc. 0.08% of their portfolio Ann Arbor, MI 10,99111.0k $449.1k $449.1k 0.08% Reduced -9 -9
86 MIdWestOne Financial Group, Inc. 0.08% of their portfolio Iowa City, IA 10,50010.5k $429.0k $429.0k 0.08% New
87 Grey Ledge Advisors, LLC 0.13% of their portfolio GUILFORD, CT 10,17510.2k $415.8k $415.8k 0.13% Reduced -410 -410
88 LYNCH & ASSOCIATES/IN 0.10% of their portfolio EVANSVILLE, IN 9,9339.9k $405.9k $405.9k 0.10% Added +711 +711
89 STABLEFORD CAPITAL II LLC 0.17% of their portfolio SCOTTSDALE, AZ 9,7979.8k $397.0k $397.0k 0.17% Reduced -56.9k -56,940
90 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,3319.3k $381.3k $381.3k 0.00% New
91 Ballew Advisors, Inc 0.28% of their portfolio Jackson, MS 9,3019.3k $374.5k $374.5k 0.28% Reduced -2.5k -2,499
92 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,2859.3k $379.4k $379.4k 0.00% Reduced -246 -246
93 EUDAIMONIA ADVISORS LLC 0.24% of their portfolio Winchester, TN 8,9799.0k $366.9k $366.9k 0.24% Reduced -989 -989
94 Callan Capital, LLC 0.03% of their portfolio LA JOLLA, CA 8,9749.0k $366.7k $366.7k 0.03% New
95 Accel Wealth Management 0.18% of their portfolio WAVERLY, IA 8,6328.6k $352.7k $352.7k 0.18% Reduced -876 -876
96 B.O.S.S. Retirement Advisors, LLC 0.07% of their portfolio Lehi, UT 8,4498.4k $345.2k $345.2k 0.07% New
97 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 8,3658.4k $342.0k $342.0k 0.00% Reduced -2.2k -2,197
98 CREATIVE FINANCIAL DESIGNS INC /ADV 0.03% of their portfolio KOKOMO, IN 8,3638.4k $341.7k $341.7k 0.03% Reduced -2.3k -2,340
99 Trail Ridge Investment Advisors, LLC 0.21% of their portfolio FORT COLLINS, CO 8,2518.3k $337.1k $337.1k 0.21% Added +1.0k +1,009
100 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 8,0158.0k $320.3k $320.3k 0.02% Added +2.3k +2,262