Vault-13

FIDELITY COVINGTON TRUST FUTY

MSCI UTILS INDEX · ETP · CUSIP 316092865

224 institutional holders -10 vs Q2 2025
18,695,90918.7m shares reported held*
$1.1bnreported value*
27 new 103 added 57 reduced 30 sold out net bought ≈ $55.1m (+977.3k 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 ($577.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.47. Options: 1 managers hold calls ($259.8k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 174Q4 22: 176Q1 23: 167Q2 23: 177Q3 23: 172Q4 23: 184Q1 24: 180Q2 24: 177Q3 24: 198Q4 24: 215Q1 25: 213Q2 25: 234Q3 25: 224224Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022174
Q4 2022176
Q1 2023167
Q2 2023177
Q3 2023172
Q4 2023184
Q1 2024180
Q2 2024177
Q3 2024198
Q4 2024215
Q1 2025213
Q2 2025234
Q3 2025224

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 76 bought or addedQ4 23: 96 cut or sold outQ1 24: 86 bought or addedQ1 24: 83 cut or sold outQ1 24Q2 24: 81 bought or addedQ2 24: 82 cut or sold outQ3 24: 118 bought or addedQ3 24: 65 cut or sold outQ3 24Q4 24: 102 bought or addedQ4 24: 86 cut or sold outQ1 25: 91 bought or addedQ1 25: 99 cut or sold outQ1 25Q2 25: 134 bought or addedQ2 25: 73 cut or sold outQ3 25: 130 bought or addedQ3 25: 87 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20237696
Q1 20248683
Q2 20248182
Q3 202411865
Q4 202410286
Q1 20259199
Q2 202513473
Q3 202513087

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $259.8kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$259.8k$00.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +289,161+289.2k
Independence Financial Advisors, LLC Added +185,792+185.8k
AE Wealth Management LLC Added +168,631+168.6k
Northside Capital Management, LLC Added +114,353+114.4k
KINGSWOOD WEALTH ADVISORS, LLC Added +105,999+106.0k
LPL Financial LLC Added +69,280+69.3k
Cetera Investment Advisers Added +51,970+52.0k
BNP PARIBAS FINANCIAL MARKETS Added +50,000+50.0k
OSAIC HOLDINGS, INC. Added +48,680+48.7k
Thrivent Financial for Lutherans New +46,603+46.6k

Biggest sellers

Gimbal Financial Sold out -168,867-168.9k
SOUTHERN CAPITAL ADVISORS, LLC Sold out -50,344-50.3k
Modern Wealth Management, LLC Reduced -39,272-39.3k
Archer Investment Management, LLC Sold out -35,559-35.6k
ROYAL BANK OF CANADA Reduced -27,290-27.3k
GOLDMAN SACHS GROUP INC Sold out -22,547-22.5k
Rockefeller Capital Management L.P. Reduced -22,539-22.5k
RFG Advisory, LLC Sold out -19,319-19.3k
SMITH SHELLNUT WILSON LLC /ADV Reduced -18,188-18.2k
PRIMORIS WEALTH ADVISORS, LLC Reduced -17,750-17.8k

Biggest calls

CITADEL ADVISORS LLC New $259.8k4.6k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 9,084,7929.1m $513.0m $513.0m 0.04% Added +289.2k +289,161
2 AE Wealth Management LLC 0.38% of their portfolio TOPEKA, KS 1,041,8151.0m $58.8m $58.8m 0.38% Added +168.6k +168,631
3 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 793,681793.7k $44.4m $44.4m 0.06% Added +48.7k +48,680
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 676,241676.2k $38.2m $38.2m 0.01% Added +69.3k +69,280
5 Lido Advisors, LLC 0.14% of their portfolio Los Angeles, CA 596,541596.5k $33.7m $33.7m 0.14% Added +22.0k +22,028
6 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 450,635450.6k $25.4m $25.4m 0.12% Added +25.2k +25,194
7 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 386,449386.4k $21.8m $21.8m 0.03% Added +2.6k +2,557
8 Mariner, LLC 0.03% of their portfolio Overland Park, KS 372,304372.3k $21.0m $21.0m 0.03% Added +19.3k +19,265
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 347,720347.7k $19.6m $19.6m 0.00% Added +1.5k +1,472
10 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 313,397313.4k $17.7m $17.7m 0.05% Added +9.1k +9,069
11 Estate Counselors, LLC 1.30% of their portfolio Thiensville, WI 269,095269.1k $15.2m $15.2m 1.30% Added +210 +210
12 Independence Financial Advisors, LLC 3.32% of their portfolio FRANKLIN, NH 192,868192.9k $10.9m $10.9m 3.32% Added +185.8k +185,792
13 NorthCoast Asset Management LLC 0.04% of their portfolio STAMFORD, CT 192,555192.6k $10.9m $10.9m 0.04% Reduced -8.2k -8,197
14 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 181,677181.7k $10.3m $10.3m 0.01% Added +19.3k +19,292
15 IFG Advisory, LLC 0.39% of their portfolio ATLANTA, GA 152,042152.0k $8.6m $8.6m 0.39% Added +2.3k +2,342
16 KINGSWOOD WEALTH ADVISORS, LLC 0.50% of their portfolio SAN DIEGO, CA 147,303147.3k $8.3m $8.3m 0.50% Added +106.0k +105,999
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 135,748135.7k $7.7m $7.7m 0.00% Added +34.2k +34,164
18 Apollon Wealth Management, LLC 0.12% of their portfolio MOUNT PLEASANT, SC 120,338120.3k $6.8m $6.8m 0.12% Added +1.9k +1,923
19 Northside Capital Management, LLC 0.61% of their portfolio Hood River, OR 118,343118.3k $6.7m $6.7m 0.61% Added +114.4k +114,353
20 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 104,371104.4k $5.9m $5.9m 0.03% Added +9.7k +9,652
21 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 100,000100.0k $5.6m $5.6m 0.00% Added +50.0k +50,000
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 97,70397.7k $5.5m $5.5m 0.00% Added +7.5k +7,545
23 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 97,11297.1k $5.5m $5.5m 0.01% Added +52.0k +51,970
24 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 91,97692.0k $5.2m $5.2m 0.07% Added +1.9k +1,946
25 SWEENEY & MICHEL, LLC 1.65% of their portfolio CHICO, CA 84,04284.0k $4.9m $4.9m 1.65% Added +1.0k +1,045
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 83,30483.3k $4.7m $4.7m 0.00% Added +5.8k +5,762
27 Conrad Siegel Investment Advisors, Inc. 0.88% of their portfolio HARRISBURG, PA 74,64974.6k $4.2m $4.2m 0.88% Added +343 +343
28 Richard C. Young & CO., LTD. 0.39% of their portfolio NEWPORT, RI 73,63073.6k $4.2m $4.2m 0.39% Reduced -956 -956
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 73,16073.2k $4.1m $4.1m 0.00% Reduced -13.4k -13,374
30 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 71,39871.4k $4.0m $4.0m 0.02% Added +5.9k +5,912
31 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 64,63864.6k $3.7m $3.7m 0.02% Added +13 +13
32 LifePlan Investment Advisors, Inc. 1.43% of their portfolio RALEIGH, NC 60,32560.3k $3.4m $3.4m 1.43% Added +1.6k +1,638
33 TRAPHAGEN INVESTMENT ADVISORS LLC 0.29% of their portfolio ORADELL, NJ 60,19460.2k $3.4m $3.4m 0.29% Reduced -6.6k -6,569
34 Waverly Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 57,65657.7k $3.3m $3.3m 0.03% Reduced -4.2k -4,244
35 Grey Ledge Advisors, LLC 0.74% of their portfolio GUILFORD, CT 57,57257.6k $3.3m $3.3m 0.74% Added +2.9k +2,936
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 56,72556.7k $3.2m $3.2m 0.00% Added +14.8k +14,817
37 Beaumont Financial Advisors, LLC 0.20% of their portfolio NEEDHAM, MA 52,23252.2k $2.9m $2.9m 0.20% Reduced -5.8k -5,785
38 SIMON QUICK ADVISORS, LLC 0.13% of their portfolio MORRISTOWN, NJ 51,11951.1k $2.9m $2.9m 0.13% Added +900 +900
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 51,01951.0k $2.9m $2.9m 0.00% Added +42.8k +42,814
40 Maltin Wealth Management, Inc. 1.14% of their portfolio RIDGEWOOD, NJ 48,74148.7k $2.8m $2.8m 1.14% Added +2.4k +2,363
41 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 47,73947.7k $2.7m $2.7m 0.08% Added +4.3k +4,326
42 Sowell Financial Services LLC 0.10% of their portfolio NORTH LITTLE ROCK, AR 47,58047.6k $2.7m $2.7m 0.10% Reduced -4.4k -4,437
43 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 46,60346.6k $2.6m $2.6m 0.01% New
44 Yoder Wealth Management, Inc. 1.20% of their portfolio WALNUT CREEK, CA 44,91144.9k $2.5m $2.5m 1.20% Added +3.3k +3,294
45 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 44,19344.2k $2.5m $2.5m 0.00% Added +31.9k +31,934
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 43,01643.0k $2.4m $2.4m 0.00% Reduced -2.6k -2,594
47 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 40,73040.7k $2.3m $2.3m 0.02% Added +5.1k +5,105
48 FMR LLC 0.00% of their portfolio BOSTON, MA 38,46638.5k $2.2m $2.2m 0.00% Added +7.0k +7,000
49 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 34,06834.1k $1.9m $1.9m 0.01% Reduced -1.4k -1,363
50 Lifeworks Advisors, LLC 0.26% of their portfolio GRAND RAPIDS, MI 34,00834.0k $1.9m $1.9m 0.26% Added +821 +821
51 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 31,99532.0k $1.8m $1.8m 0.05% Added +1.1k +1,070
52 Full Sail Capital, LLC 0.09% of their portfolio OKLAHOMA CITY, OK 29,80129.8k $1.7m $1.7m 0.09% Reduced -768 -768
53 Capital Investment Advisory Services, LLC 0.13% of their portfolio RALEIGH, NC 28,77928.8k $1.6m $1.6m 0.13% Added +1.3k +1,333
54 PRIMORIS WEALTH ADVISORS, LLC 1.03% of their portfolio North Palm Beach, FL 28,67528.7k $1.6m $1.6m 1.03% Reduced -17.8k -17,750
55 Heck Capital Advisors, LLC 0.12% of their portfolio Rhinelander, WI 28,22628.2k $1.6m $1.6m 0.12% Added +286 +286
56 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,68827.7k $1.6m $1.6m 0.00% Added +4.1k +4,097
57 Modern Wealth Management, LLC 0.03% of their portfolio KANSAS CITY, MO 25,92825.9k $1.5m $1.5m 0.03% Reduced -39.3k -39,272
58 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 24,90624.9k $1.4m $1.4m 0.03% Added +922 +922
59 Jaffetilchin Investment Partners, LLC 0.08% of their portfolio TAMPA, FL 24,27124.3k $1.4m $1.4m 0.08% Added +312 +312
60 INVESTMENT MANAGEMENT CORP /VA/ /ADV 1.13% of their portfolio ROANOKE, VA 23,38923.4k $1.3m $1.3m 1.13% Added +415 +415
61 NWAM LLC 0.07% of their portfolio MERCER ISLAND, WA 22,10622.1k $1.3m $1.3m 0.07% Added +567 +567
62 ROMAN BUTLER FULLERTON & CO 0.31% of their portfolio ST LOUIS, MO 20,12720.1k $1.2m $1.2m 0.31% New
63 Elevated Capital Advisors, LLC 0.28% of their portfolio SANDY, UT 20,01520.0k $1.1m $1.1m 0.28% Added +6.1k +6,134
64 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 19,19519.2k $1.1m $1.1m 0.02% Added +630 +630
65 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 19,06919.1k $1.1m $1.1m 0.00% Reduced -22.5k -22,539
66 Maxele Advisors, LLC 0.92% of their portfolio WEBSTER GROVES, MO 18,96919.0k $1.1m $1.1m 0.92% Added +2.1k +2,073
67 OneAscent Financial Services LLC 0.07% of their portfolio BIRMINGHAM, AL 18,82218.8k $1.1m $1.1m 0.07% Added +2.1k +2,077
68 PFG Advisors 0.04% of their portfolio Phoenix, AZ 18,18418.2k $1.0m $1.0m 0.04% New
69 Elite Financial, Inc. 0.46% of their portfolio LEWISTON, ID 17,33417.3k $1.0m $1.0m 0.46% Added +700 +700
70 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 17,28217.3k $975.9k $975.9k 0.02% Added +1.1k +1,084
71 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 17,27717.3k $975.3k $975.3k 0.01% Unchanged
72 Axecap Investments, LLC 0.60% of their portfolio MASON, OH 17,13417.1k $967.6k $967.6k 0.60% Added +266 +266
73 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 16,82016.8k $949.8k $949.8k 0.02% Added +1.8k +1,760
74 Prairie Wealth Advisors, Inc. 0.38% of their portfolio OMAHA, NE 16,51816.5k $932.8k $932.8k 0.38% Reduced -193 -193
75 Emerald Advisors, LLC 0.12% of their portfolio BELLEVUE, WA 16,27916.3k $919.3k $919.3k 0.12% Added +2.4k +2,364
76 BEAM WEALTH ADVISORS, INC. 0.24% of their portfolio COVINGTON, LA 15,84615.8k $894.8k $894.8k 0.24% Reduced -34 -34
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,73215.7k $888.0k $888.0k 0.00% Reduced -27.3k -27,290
78 Ameritas Advisory Services, LLC 0.06% of their portfolio Lincoln, NE 15,54215.5k $877.7k $877.7k 0.06% Reduced -6.2k -6,164
79 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 15,23215.2k $860.1k $860.1k 0.02% New
80 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 14,63314.6k $826.3k $826.3k 0.02% Reduced -15 -15
81 LYNCH & ASSOCIATES/IN 0.16% of their portfolio EVANSVILLE, IN 14,55214.6k $821.8k $821.8k 0.16% Added +947 +947
82 Smith Salley Wealth Management 0.04% of their portfolio GREENSBORO, NC 13,49713.5k $762.2k $762.2k 0.04% Reduced -102 -102
83 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 13,34013.3k $753.3k $753.3k 0.02% Added +2.1k +2,061
84 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.02% of their portfolio LOS ANGELES, CA 13,09813.1k $739.6k $739.6k 0.02% Reduced -77 -77
85 Glass Jacobson Investment Advisors llc 0.27% of their portfolio OWINGS MILLS, MD 13,01113.0k $734.7k $734.7k 0.27% Reduced -236 -236
86 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 12,92612.9k $729.9k $729.9k 0.05% Reduced -402 -402
87 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 12,11112.1k $683.9k $683.9k 0.01% Reduced -124 -124
88 FINANCIAL MANAGEMENT NETWORK INC 0.11% of their portfolio MISSION VIEJO, CA 11,65311.7k $676.5k $676.5k 0.11% Reduced -1.2k -1,198
89 Mascoma Wealth Management LLC 0.14% of their portfolio HANOVER, NH 11,56711.6k $653.2k $653.2k 0.14% Added +2 +2
90 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 11,34311.3k $640.6k $640.6k 0.02% Reduced -1.0k -1,030
91 Demars Financial Group, LLC 0.22% of their portfolio SPOKANE VALLEY, WA 11,15811.2k $630.1k $630.1k 0.22% Reduced -126 -126
92 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 11,05711.1k $624.4k $624.4k 0.03% Added +226 +226
93 Global Financial Private Client, LLC 0.22% of their portfolio Sarasota, FL 10,84910.8k $612.6k $612.6k 0.22% Added +523 +523
94 DAYMARK WEALTH PARTNERS, LLC 0.02% of their portfolio CINCINNATI, OH 10,65110.7k $601.5k $601.5k 0.02% New
95 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,58710.6k $617.0k $617.0k 0.00% Added +2.7k +2,682
96 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 10,33410.3k $557.2k $557.2k 0.00% Added +5.9k +5,868
97 AMERICAN NATIONAL BANK & TRUST 0.05% of their portfolio WICHITA FALLS, TX 9,2859.3k $524.3k $524.3k 0.05% Reduced -1.8k -1,849
98 AlphaCore Capital LLC 0.02% of their portfolio LA JOLLA, CA 9,2369.2k $521.6k $521.6k 0.02% Added +1 +1
99 STABLEFORD CAPITAL II LLC 0.19% of their portfolio SCOTTSDALE, AZ 9,0809.1k $512.7k $512.7k 0.19% Reduced -44 -44
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,8228.8k $495.1k $495.1k 0.00% Added +2.7k +2,712