Vault-13

FIDELITY COVINGTON TRUST FCOM

MSCI COMMNTN SVC · ETP · CUSIP 316092873

129 institutional holders +4 vs Q2 2023
10,803,66810.8m shares reported held*
$429.8mreported value*
12 new 40 added 49 reduced 11 sold out net bought ≈ $21.2m (+536.2k 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.78.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 114Q1 23: 122Q2 23: 125Q3 23: 129129Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022100
Q4 2022114
Q1 2023122
Q2 2023125
Q3 2023129

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 23Q3 23: 52 bought or addedQ3 23: 60 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225745
Q1 20235359
Q2 20236454
Q3 20235260

Biggest buyers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +492,427+492.4k
Lido Advisors, LLC Added +142,240+142.2k
Connectus Wealth, LLC Added +65,697+65.7k
ENVESTNET ASSET MANAGEMENT INC Added +47,543+47.5k
AGF MANAGEMENT LTD Added +40,804+40.8k
AE Wealth Management LLC Added +38,701+38.7k
GOLDMAN SACHS GROUP INC Added +31,724+31.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +29,136+29.1k
Orion Porfolio Solutions, LLC Added +28,442+28.4k
Orion Portfolio Solutions, LLC Added +28,442+28.4k

Biggest sellers

Q3 Asset Management Sold out -245,877-245.9k
RWA WEALTH PARTNERS, LLC Sold out -99,376-99.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -45,827-45.8k
ROYAL BANK OF CANADA Reduced -23,768-23.8k
OSAIC HOLDINGS, INC. Reduced -21,732-21.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -19,812-19.8k
CITADEL ADVISORS LLC Reduced -17,075-17.1k
Full Sail Capital, LLC Reduced -14,463-14.5k
HBW ADVISORY SERVICES LLC Sold out -10,236-10.2k
JANE STREET GROUP, LLC Sold out -9,365-9.4k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 3,372,1203.4m $133.9m $133.9m 0.04% Reduced -45.8k -45,827
2 Lido Advisors, LLC 0.69% of their portfolio Los Angeles, CA 1,544,2411.5m $61.3m $61.3m 0.69% Added +142.2k +142,240
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 620,179620.2k $24.6m $24.6m 0.03% Added +492.4k +492,427
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 366,311366.3k $14.5m $14.5m 0.00% Added +20.3k +20,279
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 348,423348.4k $13.8m $13.8m 0.01% Added +47.5k +47,543
6 Full Sail Capital, LLC 1.07% of their portfolio OKLAHOMA CITY, OK 311,356311.4k $12.4m $12.4m 1.07% Reduced -14.5k -14,463
7 Algorithmic Investment Models, LLC 7.94% of their portfolio Boston, MA 277,526277.5k $11.0m $11.0m 7.94% Reduced -4.0k -3,950
8 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 257,653257.7k $10.2m $10.2m 0.06% Added +38.7k +38,701
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 256,699256.7k $10.2m $10.2m 0.00% Added +5.5k +5,543
10 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 241,569241.6k $9.6m $9.6m 0.02% Reduced -19.8k -19,812
11 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 227,123227.1k $9.0m $9.0m 0.02% Reduced -2.1k -2,110
12 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 213,899213.9k $8.5m $8.5m 0.01% Reduced -21.7k -21,732
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 202,551202.6k $8.0m $8.0m 0.01% Reduced -2.9k -2,896
14 Aptus Capital Advisors, LLC 0.23% of their portfolio FAIRHOPE, AL 201,300201.3k $8.0m $8.0m 0.23% Added +18.3k +18,300
15 Connectus Wealth, LLC 0.16% of their portfolio CINCINNATI, OH 183,912183.9k $7.3m $7.3m 0.16% Added +65.7k +65,697
16 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 141,371141.4k $5.6m $5.6m 0.04% Added +40.8k +40,804
17 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 96,36696.4k $3.8m $3.8m 0.04% Added +12.8k +12,768
18 Crumly & Associates Inc. 1.43% of their portfolio SPRINGFIELD, IL 91,40791.4k $3.6m $3.6m 1.43% Added +109 +109
19 New Millennium Group LLC 3.26% of their portfolio SANDY, UT 89,77589.8k $3.6m $3.6m 3.26% Added +33 +33
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 67,35767.4k $2.7m $2.7m 0.00% Reduced -155 -155
21 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 66,85666.9k $2.7m $2.7m 0.01% Added +10.7k +10,706
22 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 65,17665.2k $2.6m $2.6m 0.00% Added +16.2k +16,172
23 Smith Salley Wealth Management 0.17% of their portfolio GREENSBORO, NC 58,97259.0k $2.3m $2.3m 0.17% Added +7.9k +7,868
24 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 54,14954.1k $2.1m $2.1m 0.01% Reduced -8.1k -8,135
25 Maltin Wealth Management, Inc. 1.46% of their portfolio RIDGEWOOD, NJ 52,71052.7k $2.1m $2.1m 1.46% Added +2.0k +1,991
26 EUDAIMONIA ADVISORS LLC 1.43% of their portfolio Winchester, TN 51,35151.4k $2.0m $2.0m 1.43% Reduced -4.9k -4,863
27 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 50,85850.9k $2.0m $2.0m 0.04% Reduced -2.3k -2,338
28 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 49,98650.0k $2.0m $2.0m 0.00% Added +10.7k +10,694
29 PERSONAL CFO SOLUTIONS, LLC 0.38% of their portfolio CHESTER, NJ 48,06948.1k $1.9m $1.9m 0.38% Reduced -3.1k -3,109
30 Yoder Wealth Management, Inc. 1.52% of their portfolio WALNUT CREEK, CA 46,33146.3k $1.8m $1.8m 1.52% Added +157 +157
31 Eudaimonia Partners, LLC 0.42% of their portfolio Winchester, TN 43,36843.4k $1.7m $1.7m 0.42% Reduced -2.5k -2,459
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 40,44040.4k $1.6m $1.6m 0.00% Added +31.7k +31,724
33 KESTRA PRIVATE WEALTH SERVICES, LLC 0.05% of their portfolio AUSTIN, TX 40,17440.2k $1.6m $1.6m 0.05% Reduced -3.4k -3,363
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 39,61339.6k $1.6m $1.6m 0.00% Added +1.1k +1,082
35 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 39,26339.3k $1.6m $1.6m 0.00% Unchanged
36 Independent Order of Foresters 1.11% of their portfolio Toronto, A6 39,26339.3k $1.6m $1.6m 1.11% Unchanged
37 Exchange Capital Management, Inc. 0.29% of their portfolio Ann Arbor, MI 39,10839.1k $1.6m $1.6m 0.29% Reduced -488 -488
38 SOUTHERN CAPITAL ADVISORS, LLC 1.25% of their portfolio Jackson, TN 37,97238.0k $1.5m $1.5m 1.25% Reduced -564 -564
39 ATLAS CAPITAL ADVISORS INC. 0.24% of their portfolio JACKSON, WY 36,33336.3k $1.4m $1.4m 0.24% Reduced -1.4k -1,448
40 Mechanics Bank Trust Department 0.24% of their portfolio Walnut Creek, CA 36,16536.2k $1.4m $1.4m 0.24% Reduced -3.3k -3,315
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,72335.7k $1.4m $1.4m 0.00% Added +29.1k +29,136
42 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 34,70734.7k $1.4m $1.4m 0.02% Added +28.4k +28,442
43 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 34,70734.7k $1.4m $1.4m 0.02% Added +28.4k +28,442
44 EPG Wealth Management LLC 0.41% of their portfolio ATLANTA, GA 34,53234.5k $1.4m $1.4m 0.41% Reduced -497 -497
45 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 33,79333.8k $1.3m $1.3m 0.05% Added +7.3k +7,298
46 AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio CARLSBAD, CA 31,37831.4k $1.2m $1.2m 0.04% Reduced -7.3k -7,331
47 Lifeworks Advisors, LLC 0.42% of their portfolio GRAND RAPIDS, MI 26,81026.8k $1.1m $1.1m 0.42% Reduced -667 -667
48 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 25,25325.3k $1.0m $1.0m 0.03% Reduced -216 -216
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,01224.0k $953.5k $953.5k 0.00% Added +6.9k +6,860
50 Main Street Financial Solutions, LLC 0.13% of their portfolio NEWTOWN, PA 23,17123.2k $920.1k $920.1k 0.13% Reduced -2.7k -2,671
51 Birchcreek Wealth Management, LLC 0.61% of their portfolio MIAMI TOWNSHIP, OH 22,70922.7k $901.8k $901.8k 0.61% Reduced -7.7k -7,654
52 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 21,99422.0k $873.4k $873.4k 0.01% Reduced -4.4k -4,434
53 LYNCH & ASSOCIATES/IN 0.21% of their portfolio EVANSVILLE, IN 19,97920.0k $793.4k $793.4k 0.21% Added +1.8k +1,764
54 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,99219.0k $754.2k $754.2k 0.00% Reduced -17.1k -17,075
55 Live Oak Investment Partners 0.65% of their portfolio AUSTIN, TX 18,92218.9k $751.1k $751.1k 0.65% Reduced -1.7k -1,708
56 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 18,23018.2k $723.9k $723.9k 0.03% Reduced -920 -920
57 CSM Advisors, LLC 0.06% of their portfolio WARRENDALE, PA 17,80017.8k $707.0k $707.0k 0.06% Unchanged
58 Court Place Advisors, LLC 0.25% of their portfolio ELLICOTT CITY, MD 17,71017.7k $703.3k $703.3k 0.25% Reduced -272 -272
59 Pacific Sun Financial Corp 0.47% of their portfolio LOS ANGELES, CA 17,12517.1k $680.0k $680.0k 0.47% Reduced -784 -784
60 Fifth Third Securities, Inc. 0.07% of their portfolio Cincinnati, OH 16,27716.3k $646.4k $646.4k 0.07% Added +49 +49
61 VISTA INVESTMENT MANAGEMENT 0.34% of their portfolio PITTSBURGH, PA 16,19116.2k $642.9k $642.9k 0.34% Added +720 +720
62 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 15,85015.8k $629.0k $629.0k 0.00% New
63 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 15,43815.4k $613.0k $613.0k 0.01% Added +6.4k +6,409
64 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,65214.7k $582.0k $582.0k 0.00% Reduced -5.1k -5,111
65 Comprehensive Wealth Management, LLC 0.53% of their portfolio LYNNWOOD, WA 14,28014.3k $567.1k $567.1k 0.53% Added +176 +176
66 Charter Oak Capital Management, LLC 0.07% of their portfolio PORTSMOUTH, NH 13,50513.5k $536.3k $536.3k 0.07% Reduced -449 -449
67 NWAM LLC 0.05% of their portfolio MERCER ISLAND, WA 12,86812.9k $511.0k $511.0k 0.05% Added +1.9k +1,901
68 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 12,68612.7k $503.8k $503.8k 0.01% Reduced -459 -459
69 Atlas Private Wealth Management, LLC 0.27% of their portfolio ALBANY, NY 12,45312.5k $494.5k $494.5k 0.27% Reduced -149 -149
70 Soltis Investment Advisors LLC 0.06% of their portfolio ST. GEORGE, UT 12,07612.1k $479.5k $479.5k 0.06% Added +2.9k +2,936
71 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 11,80111.8k $468.6k $468.6k 0.01% Reduced -938 -938
72 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 11,20411.2k $444.9k $444.9k 0.00% New
73 Stonebridge Financial Planning Group, LLC 0.28% of their portfolio ORLANDO, FL 10,94110.9k $434.5k $434.5k 0.28% New
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,86210.9k $431.0k $431.0k 0.00% Reduced -23.8k -23,768
75 SFI Advisors, LLC 0.38% of their portfolio Montclair, NJ 9,8169.8k $389.8k $389.8k 0.38% Added +4.0k +3,969
76 Colonial River Investments, LLC 0.25% of their portfolio MIDLOTHIAN, VA 9,5679.6k $379.9k $379.9k 0.25% Reduced -716 -716
77 Atlas Brown,Inc. 0.17% of their portfolio LOUISVILLE, KY 9,2359.2k $366.7k $366.7k 0.17% Reduced -183 -183
78 Aveo Capital Partners, LLC 0.05% of their portfolio ENGLEWOOD, CO 8,8078.8k $349.7k $349.7k 0.05% Added +4 +4
79 KCM INVESTMENT ADVISORS LLC 0.01% of their portfolio GREENBRAE, CA 8,2148.2k $326.2k $326.2k 0.01% Reduced -414 -414
80 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 8,0578.1k $320.0k $320.0k 0.01% New
81 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,0987.1k $282.0k $282.0k 0.00% Added +742 +742
82 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 7,0687.1k $280.7k $280.7k 0.01% Unchanged
83 Migdal Insurance & Financial Holdings Ltd. 0.01% of their portfolio Petach Tikva, L3 6,9006.9k $275.0k $275.0k 0.01% Unchanged
84 Grant/GrossMendelsohn, LLC 0.11% of their portfolio Baltimore, MD 6,5006.5k $258.1k $258.1k 0.11% Unchanged
85 Badgley Phelps Wealth Managers, LLC 0.01% of their portfolio SEATTLE, WA 5,9495.9k $236.2k $236.2k 0.01% Reduced -500 -500
86 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 5,7475.7k $228.2k $228.2k 0.00% First filing
87 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 5,2725.3k $209.3k $209.3k 0.00% Reduced -119 -119
88 Empirical Asset Management, LLC 0.18% of their portfolio WELLESLEY, MA 5,0575.1k $200.8k $200.8k 0.18% New
89 FMR LLC 0.00% of their portfolio BOSTON, MA 4,7844.8k $190.0k $190.0k 0.00% Reduced -593 -593
90 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,6734.7k $185.6k $185.6k 0.00% Added +137 +137
91 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,2364.2k $168.0k $168.0k 0.00% Reduced -182 -182
92 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 3,8403.8k $152.5k $152.5k 0.00% New
93 Rosenberg Matthew Hamilton 0.04% of their portfolio GRAND JUNCTION, CO 3,3243.3k $132.0k $132.0k 0.04% Unchanged
94 Baker Avenue Asset Management, LP 0.00% of their portfolio SAN FRANCISCO, CA 2,2502.2k $89.3k $89.3k 0.00% Unchanged
95 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,2152.2k $88.0k $88.0k 0.00% Unchanged
96 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,1502.1k $85.4k $85.4k 0.00% Added +685 +685
97 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 1,8681.9k $74.2k $74.2k 0.01% Added +597 +597
98 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 1,6081.6k $63.9k $63.9k 0.00% Unchanged
99 Independence Bank of Kentucky 0.03% of their portfolio OWENSBORO, KY 1,5501.6k $61.6k $61.6k 0.03% Reduced -360 -360
100 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 1,4041.4k $55.7k $55.7k 0.00% Unchanged