Vault-13

FIDELITY COVINGTON TRUST FCOM

MSCI COMMNTN SVC · ETP · CUSIP 316092873

125 institutional holders +3 vs Q1 2023
10,257,93210.3m shares reported held*
$413.6mreported value*
16 new 48 added 40 reduced 14 sold out net bought ≈ $138.4m (+3.4m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.32.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 114Q1 23: 122Q2 23: 125125Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022100
Q4 2022114
Q1 2023122
Q2 2023125

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 57 bought or addedQ4 22: 45 cut or sold outQ4 22Q1 23: 53 bought or addedQ1 23: 59 cut or sold outQ1 23Q2 23: 64 bought or addedQ2 23: 54 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225745
Q1 20235359
Q2 20236454

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,927,375+1.9m
Algorithmic Investment Models, LLC New +281,476+281.5k
ENVESTNET ASSET MANAGEMENT INC Added +278,111+278.1k
Aptus Capital Advisors, LLC New +183,000+183.0k
Q3 Asset Management Added +178,001+178.0k
AE Wealth Management LLC Added +156,985+157.0k
Lido Advisors, LLC Added +137,564+137.6k
OSAIC HOLDINGS, INC. Added +137,226+137.2k
New Millennium Group LLC Added +88,976+89.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +84,816+84.8k

Biggest sellers

BBJS FINANCIAL ADVISORS, LLC Reduced -111,404-111.4k
AMERIPRISE FINANCIAL INC Sold out -64,554-64.6k
GOLDMAN SACHS GROUP INC Reduced -35,421-35.4k
Full Sail Capital, LLC Reduced -26,606-26.6k
Venturi Wealth Management, LLC Reduced -21,732-21.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -17,109-17.1k
Sowell Financial Services LLC Sold out -11,907-11.9k
American Trust Sold out -11,169-11.2k
Atria Wealth Solutions, Inc. Reduced -9,079-9.1k
Mechanics Bank Trust Department Reduced -7,378-7.4k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 3,417,9473.4m $137.6m $137.6m 0.04% Added +1.9m +1,927,375
2 Lido Advisors, LLC 0.64% of their portfolio Los Angeles, CA 1,402,0011.4m $56.4m $56.4m 0.64% Added +137.6k +137,564
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 346,032346.0k $13.9m $13.9m 0.00% Added +5.7k +5,738
4 Full Sail Capital, LLC 1.12% of their portfolio OKLAHOMA CITY, OK 325,819325.8k $13.1m $13.1m 1.12% Reduced -26.6k -26,606
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 300,880300.9k $12.1m $12.1m 0.01% Added +278.1k +278,111
6 Algorithmic Investment Models, LLC 7.87% of their portfolio Boston, MA 281,476281.5k $11.3m $11.3m 7.87% New
7 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 261,381261.4k $10.5m $10.5m 0.02% Reduced -17.1k -17,109
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 251,156251.2k $10.1m $10.1m 0.00% Added +16.2k +16,164
9 Q3 Asset Management 4.80% of their portfolio BIRMINGHAM, MI 245,877245.9k $9.9m $9.9m 4.80% Added +178.0k +178,001
10 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 235,631235.6k $9.5m $9.5m 0.02% Added +137.2k +137,226
11 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 229,233229.2k $9.2m $9.2m 0.02% Added +679 +679
12 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 218,952219.0k $8.8m $8.8m 0.05% Added +157.0k +156,985
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 205,447205.4k $8.3m $8.3m 0.01% Reduced -3.6k -3,602
14 Aptus Capital Advisors, LLC 0.22% of their portfolio FAIRHOPE, AL 183,000183.0k $7.4m $7.4m 0.22% New
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 127,752127.8k $5.1m $5.1m 0.01% Added +84.8k +84,816
16 Connectus Wealth, LLC 0.11% of their portfolio CINCINNATI, OH 118,215118.2k $4.8m $4.8m 0.11% Added +22.2k +22,161
17 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 100,567100.6k $4.0m $4.0m 0.03% Added +7.1k +7,070
18 RWA WEALTH PARTNERS, LLC 0.09% of their portfolio BOSTON, MA 99,37699.4k $4.0m $4.0m 0.09% Reduced -4.0k -3,990
19 Crumly & Associates Inc. 1.47% of their portfolio SPRINGFIELD, IL 91,29891.3k $3.7m $3.7m 1.47% Added +22.0k +22,011
20 New Millennium Group LLC 3.31% of their portfolio SANDY, UT 89,74289.7k $3.6m $3.6m 3.31% Added +89.0k +88,976
21 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 83,59883.6k $3.4m $3.4m 0.03% Added +64.3k +64,256
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 67,51267.5k $2.7m $2.7m 0.00% Reduced -4.9k -4,884
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 62,28462.3k $2.5m $2.5m 0.01% Added +8.9k +8,859
24 EUDAIMONIA ADVISORS LLC 1.52% of their portfolio Winchester, TN 56,21456.2k $2.3m $2.3m 1.52% Reduced -2.4k -2,399
25 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 56,15056.1k $2.3m $2.3m 0.01% Added +13.0k +12,965
26 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 53,19653.2k $2.1m $2.1m 0.04% Reduced -6.5k -6,504
27 PERSONAL CFO SOLUTIONS, LLC 0.42% of their portfolio CHESTER, NJ 51,17851.2k $2.1m $2.1m 0.42% New
28 Smith Salley Wealth Management 0.15% of their portfolio GREENSBORO, NC 51,10451.1k $2.1m $2.1m 0.15% Added +3.4k +3,359
29 Maltin Wealth Management, Inc. 1.44% of their portfolio RIDGEWOOD, NJ 50,71950.7k $2.0m $2.0m 1.44% Added +2.1k +2,057
30 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 49,00449.0k $2.0m $2.0m 0.00% Reduced -3.1k -3,121
31 Yoder Wealth Management, Inc. 1.46% of their portfolio WALNUT CREEK, CA 46,17446.2k $1.9m $1.9m 1.46% Added +928 +928
32 Eudaimonia Partners, LLC 0.42% of their portfolio Winchester, TN 45,82745.8k $1.8m $1.8m 0.42% Added +1.8k +1,797
33 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 43,53743.5k $1.8m $1.8m 0.06% Added +872 +872
34 Exchange Capital Management, Inc. 0.30% of their portfolio Ann Arbor, MI 39,59639.6k $1.6m $1.6m 0.30% Reduced -1.4k -1,367
35 Mechanics Bank Trust Department 0.25% of their portfolio Walnut Creek, CA 39,48039.5k $1.6m $1.6m 0.25% Reduced -7.4k -7,378
36 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 39,29239.3k $1.6m $1.6m 0.00% Added +906 +906
37 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 39,26339.3k $1.6m $1.6m 0.00% Unchanged
38 Independent Order of Foresters 1.08% of their portfolio Toronto, A6 39,26339.3k $1.6m $1.6m 1.08% Unchanged
39 AXXCESS WEALTH MANAGEMENT, LLC 0.11% of their portfolio CARLSBAD, CA 38,70938.7k $1.6m $1.6m 0.11% Added +31.3k +31,307
40 SOUTHERN CAPITAL ADVISORS, LLC 1.19% of their portfolio Jackson, TN 38,53638.5k $1.6m $1.6m 1.19% Reduced -407 -407
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 38,53138.5k $1.6m $1.6m 0.00% Added +129 +129
42 ATLAS CAPITAL ADVISORS INC. 0.23% of their portfolio JACKSON, WY 37,78137.8k $1.5m $1.5m 0.23% Added +24.8k +24,774
43 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,06736.1k $1.5m $1.5m 0.00% Added +16.4k +16,352
44 EPG Wealth Management LLC 0.42% of their portfolio ATLANTA, GA 35,02935.0k $1.4m $1.4m 0.42% Reduced -971 -971
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,63034.6k $1.4m $1.4m 0.00% Added +22.7k +22,740
46 Birchcreek Wealth Management, LLC 0.85% of their portfolio MIAMI TOWNSHIP, OH 30,36330.4k $1.2m $1.2m 0.85% Reduced -3.7k -3,703
47 Lifeworks Advisors, LLC 0.47% of their portfolio GRAND RAPIDS, MI 27,47727.5k $1.1m $1.1m 0.47% Reduced -1.8k -1,770
48 Sigma Planning Corp 0.04% of their portfolio ANN ARBOR, MI 26,49526.5k $1.1m $1.1m 0.04% Added +3.5k +3,545
49 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 26,42826.4k $1.1m $1.1m 0.01% Reduced -9.1k -9,079
50 Main Street Financial Solutions, LLC 0.14% of their portfolio NEWTOWN, PA 25,84225.8k $1.0m $1.0m 0.14% Added +80 +80
51 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 25,46925.5k $1.0m $1.0m 0.03% Added +44 +44
52 Live Oak Investment Partners 0.69% of their portfolio AUSTIN, TX 20,63020.6k $830.3k $830.3k 0.69% Added +2.4k +2,449
53 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 19,76319.8k $795.0k $795.0k 0.00% New
54 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 19,15019.1k $770.8k $770.8k 0.03% Added +1.9k +1,935
55 LYNCH & ASSOCIATES/IN 0.19% of their portfolio EVANSVILLE, IN 18,21518.2k $733.2k $733.2k 0.19% Added +1.4k +1,363
56 Court Place Advisors, LLC 0.25% of their portfolio ELLICOTT CITY, MD 17,98218.0k $723.8k $723.8k 0.25% Reduced -1.8k -1,799
57 Pacific Sun Financial Corp 0.44% of their portfolio LOS ANGELES, CA 17,90917.9k $655.5k $655.5k 0.44% First filing
58 CSM Advisors, LLC 0.05% of their portfolio WARRENDALE, PA 17,80017.8k $717.0k $717.0k 0.05% Unchanged
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,15217.2k $690.4k $690.4k 0.00% Reduced -4.3k -4,336
60 Fifth Third Securities, Inc. 0.07% of their portfolio Cincinnati, OH 16,22816.2k $653.2k $653.2k 0.07% Added +232 +232
61 VISTA INVESTMENT MANAGEMENT 0.32% of their portfolio PITTSBURGH, PA 15,47115.5k $622.7k $622.7k 0.32% Reduced -40 -40
62 Comprehensive Wealth Management, LLC 0.49% of their portfolio LYNNWOOD, WA 14,10414.1k $567.7k $567.7k 0.49% Added +422 +422
63 Charter Oak Capital Management, LLC 0.07% of their portfolio PORTSMOUTH, NH 13,95414.0k $561.6k $561.6k 0.07% Reduced -55 -55
64 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 13,14513.1k $529.1k $529.1k 0.01% Added +2 +2
65 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 12,73912.7k $512.7k $512.7k 0.01% Added +721 +721
66 Atlas Private Wealth Management, LLC 0.27% of their portfolio ALBANY, NY 12,60212.6k $507.2k $507.2k 0.27% Reduced -702 -702
67 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 10,96711.0k $441.4k $441.4k 0.04% Added +597 +597
68 Colonial River Investments, LLC 0.27% of their portfolio MIDLOTHIAN, VA 10,28310.3k $413.9k $413.9k 0.27% Reduced -1.5k -1,533
69 HBW ADVISORY SERVICES LLC 0.09% of their portfolio SIMI VALLEY, CA 10,23610.2k $412.0k $412.0k 0.09% Reduced -1.2k -1,231
70 Atlas Brown,Inc. 0.17% of their portfolio LOUISVILLE, KY 9,4189.4k $379.1k $379.1k 0.17% Reduced -1.5k -1,469
71 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,3659.4k $376.9k $376.9k 0.00% New
72 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 9,1409.1k $367.9k $367.9k 0.04% Added +247 +247
73 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 9,0299.0k $363.4k $363.4k 0.01% Reduced -43 -43
74 Aveo Capital Partners, LLC 0.04% of their portfolio ENGLEWOOD, CO 8,8038.8k $354.3k $354.3k 0.04% Added +306 +306
75 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 8,7168.7k $350.8k $350.8k 0.00% Reduced -35.4k -35,421
76 KCM INVESTMENT ADVISORS LLC 0.01% of their portfolio GREENBRAE, CA 8,6288.6k $347.3k $347.3k 0.01% Added +1.0k +1,010
77 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 8,0008.0k $322.0k $322.0k 0.00% First filing
78 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 7,0687.1k $284.5k $284.5k 0.01% New
79 Migdal Insurance & Financial Holdings Ltd. 0.01% of their portfolio Petach Tikva, L3 6,9006.9k $276.0k $276.0k 0.01% Unchanged
80 KINTRA WEALTH, LLC 0.27% of their portfolio WILLIAMSPORT, PA 6,6006.6k $265.6k $265.6k 0.27% New
81 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,5876.6k $265.1k $265.1k 0.00% Reduced -1.4k -1,392
82 Grant/GrossMendelsohn, LLC 0.11% of their portfolio Baltimore, MD 6,5006.5k $265.7k $265.7k 0.11% New
83 Badgley Phelps Wealth Managers, LLC 0.01% of their portfolio SEATTLE, WA 6,4496.4k $259.6k $259.6k 0.01% New
84 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 6,3566.4k $256.0k $256.0k 0.00% Added +66 +66
85 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 6,2656.3k $252.2k $252.2k 0.00% Reduced -2.6k -2,585
86 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 6,2656.3k $252.2k $252.2k 0.00% Reduced -2.6k -2,585
87 SFI Advisors, LLC 0.22% of their portfolio Montclair, NJ 5,8475.8k $235.3k $235.3k 0.22% Reduced -346 -346
88 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 5,6075.6k $225.7k $225.7k 0.01% Reduced -1.0k -1,043
89 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 5,3915.4k $217.0k $217.0k 0.00% Reduced -1.4k -1,421
90 FMR LLC 0.00% of their portfolio BOSTON, MA 5,3775.4k $216.4k $216.4k 0.00% Reduced -5.2k -5,233
91 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,5364.5k $182.6k $182.6k 0.00% Reduced -256 -256
92 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,4184.4k $178.0k $178.0k 0.00% Reduced -6.2k -6,157
93 Rosenberg Matthew Hamilton 0.05% of their portfolio GRAND JUNCTION, CO 3,3243.3k $133.8k $133.8k 0.05% Unchanged
94 Baker Avenue Asset Management, LP 0.00% of their portfolio SAN FRANCISCO, CA 2,2502.2k $90.6k $90.6k 0.00% Unchanged
95 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,2152.2k $89.2k $89.2k 0.00% Unchanged
96 Independence Bank of Kentucky 0.03% of their portfolio OWENSBORO, KY 1,9101.9k $76.9k $76.9k 0.03% Unchanged
97 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 1,6081.6k $64.7k $64.7k 0.00% Unchanged
98 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,4651.5k $59.0k $59.0k 0.00% Added +1 +1
99 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 1,4041.4k $56.5k $56.5k 0.00% Unchanged
100 Venturi Wealth Management, LLC 0.00% of their portfolio AUSTIN, TX 1,3711.4k $55.2k $55.2k 0.00% Reduced -21.7k -21,732