Vault-13

FIDELITY COVINGTON TRUST FCOM

MSCI COMMNTN SVC · ETP · CUSIP 316092873

136 institutional holders -9 vs Q4 2023
12,877,64812.9m shares reported held*
$638.2mreported value*
13 new 46 added 45 reduced 21 sold out net bought ≈ $86.6m (+1.7m 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.56.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 114Q1 23: 122Q2 23: 125Q3 23: 129Q4 23: 145Q1 24: 136136Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022100
Q4 2022114
Q1 2023122
Q2 2023125
Q3 2023129
Q4 2023145
Q1 2024136

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 23Q4 23: 63 bought or addedQ4 23: 65 cut or sold outQ4 23Q1 24: 59 bought or addedQ1 24: 66 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225745
Q1 20235359
Q2 20236454
Q3 20235260
Q4 20236365
Q1 20245966

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,436,228+1.4m
MORGAN STANLEY Added +389,898+389.9k
Crumly & Associates Inc. Added +106,979+107.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +100,303+100.3k
Connectus Wealth, LLC Added +63,702+63.7k
WIN ADVISORS, INC New +59,756+59.8k
Lido Advisors, LLC Added +57,899+57.9k
AGF MANAGEMENT LTD Added +52,580+52.6k
Advisory Services Network, LLC Added +48,493+48.5k
GOLDMAN SACHS GROUP INC New +34,095+34.1k

Biggest sellers

AE Wealth Management LLC Reduced -166,944-166.9k
Aptus Capital Advisors, LLC Reduced -143,877-143.9k
WELLS FARGO & COMPANY/MN Reduced -70,514-70.5k
OSAIC HOLDINGS, INC. Reduced -44,875-44.9k
CITADEL ADVISORS LLC Reduced -42,305-42.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -33,945-33.9k
Orion Porfolio Solutions, LLC Reduced -24,409-24.4k
Orion Portfolio Solutions, LLC Reduced -24,409-24.4k
Gimbal Financial Reduced -19,495-19.5k
CSM Advisors, LLC Sold out -17,800-17.8k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 4,709,3224.7m $233.4m $233.4m 0.05% Added +1.4m +1,436,228
2 Lido Advisors, LLC 0.80% of their portfolio Los Angeles, CA 1,800,1541.8m $89.2m $89.2m 0.80% Added +57.9k +57,899
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,139,8931.1m $56.5m $56.5m 0.06% Added +100.3k +100,303
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,095,1561.1m $54.3m $54.3m 0.00% Added +389.9k +389,898
5 Full Sail Capital, LLC 0.93% of their portfolio OKLAHOMA CITY, OK 269,593269.6k $13.4m $13.4m 0.93% Reduced -14.8k -14,801
6 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 255,745255.7k $12.7m $12.7m 0.02% Reduced -11.7k -11,672
7 AGF MANAGEMENT LTD 0.07% of their portfolio TORONTO, A6 253,504253.5k $12.6m $12.6m 0.07% Added +52.6k +52,580
8 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 230,653230.7k $11.4m $11.4m 0.02% Reduced -3.1k -3,058
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 199,729199.7k $9.9m $9.9m 0.00% Reduced -70.5k -70,514
10 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 191,751191.8k $9.5m $9.5m 0.01% Reduced -3.2k -3,204
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 149,712149.7k $7.4m $7.4m 0.00% Reduced -33.9k -33,945
12 Crumly & Associates Inc. 1.56% of their portfolio SPRINGFIELD, IL 119,369119.4k $5.9m $5.9m 1.56% Added +107.0k +106,979
13 PERSONAL CFO SOLUTIONS, LLC 0.91% of their portfolio CHESTER, NJ 117,685117.7k $5.8m $5.8m 0.91% Reduced -5.7k -5,677
14 Connectus Wealth, LLC 0.16% of their portfolio CINCINNATI, OH 115,562115.6k $5.7m $5.7m 0.16% Added +63.7k +63,702
15 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 102,213102.2k $5.1m $5.1m 0.03% Added +8.8k +8,769
16 Algorithmic Investment Models, LLC 3.11% of their portfolio Boston, MA 85,34085.3k $4.2m $4.2m 3.11% Reduced -16.2k -16,197
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 83,25283.3k $4.1m $4.1m 0.01% Reduced -44.9k -44,875
18 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 77,37877.4k $3.8m $3.8m 0.04% Reduced -166.9k -166,944
19 Advisory Services Network, LLC 0.08% of their portfolio ATLANTA, GA 73,95374.0k $3.7m $3.7m 0.08% Added +48.5k +48,493
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 73,42173.4k $3.6m $3.6m 0.00% Added +6.3k +6,277
21 SOUTHERN CAPITAL ADVISORS, LLC 2.13% of their portfolio Jackson, TN 70,83870.8k $3.5m $3.5m 2.13% Added +20.9k +20,867
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 66,62366.6k $3.3m $3.3m 0.00% Added +260 +260
23 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 63,17163.2k $3.1m $3.1m 0.01% Added +2.3k +2,341
24 EUDAIMONIA ADVISORS LLC 1.63% of their portfolio Winchester, TN 61,95862.0k $3.1m $3.1m 1.63% Added +17.4k +17,367
25 WIN ADVISORS, INC 1.30% of their portfolio PALM BEACH GARDENS, FL 59,75659.8k $3.0m $3.0m 1.30% New
26 Smith Salley Wealth Management 0.23% of their portfolio GREENSBORO, NC 58,85358.9k $2.9m $2.9m 0.23% Reduced -182 -182
27 Yoder Wealth Management, Inc. 1.74% of their portfolio WALNUT CREEK, CA 53,68753.7k $2.7m $2.7m 1.74% Added +961 +961
28 ATLAS CAPITAL ADVISORS INC. 0.42% of their portfolio JACKSON, WY 53,67053.7k $2.7m $2.7m 0.42% Added +13.5k +13,547
29 LINCOLN NATIONAL CORP 0.04% of their portfolio RADNOR, PA 53,21353.2k $2.6m $2.6m 0.04% Reduced -5.1k -5,136
30 Maltin Wealth Management, Inc. 1.48% of their portfolio RIDGEWOOD, NJ 53,06053.1k $2.6m $2.6m 1.48% Added +2.1k +2,136
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 51,34651.3k $2.5m $2.5m 0.01% Reduced -3.3k -3,322
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,23448.2k $2.4m $2.4m 0.00% Reduced -1.7k -1,668
33 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 47,22347.2k $2.3m $2.3m 0.03% Reduced -24.4k -24,409
34 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 47,22347.2k $2.3m $2.3m 0.03% Reduced -24.4k -24,409
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 45,28945.3k $2.2m $2.2m 0.00% Reduced -4.3k -4,301
36 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 38,81038.8k $1.9m $1.9m 0.00% Added +5.9k +5,891
37 Exchange Capital Management, Inc. 0.31% of their portfolio Ann Arbor, MI 38,26838.3k $1.9m $1.9m 0.31% Reduced -389 -389
38 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 36,85636.9k $1.8m $1.8m 0.00% Reduced -8.8k -8,834
39 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 35,98736.0k $1.8m $1.8m 0.00% Reduced -3.3k -3,276
40 Independent Order of Foresters 1.13% of their portfolio Toronto, A6 35,98736.0k $1.8m $1.8m 1.13% Reduced -3.3k -3,276
41 Eudaimonia Partners, LLC 0.42% of their portfolio Winchester, TN 35,38635.4k $1.8m $1.8m 0.42% Reduced -1.5k -1,483
42 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 34,97935.0k $1.7m $1.7m 0.04% Reduced -3.3k -3,284
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 34,09534.1k $1.7m $1.7m 0.00% New
44 Mechanics Bank Trust Department 0.24% of their portfolio Walnut Creek, CA 33,26533.3k $1.6m $1.6m 0.24% Reduced -1.9k -1,927
45 Colonial River Investments, LLC 0.76% of their portfolio MIDLOTHIAN, VA 27,32027.3k $1.4m $1.4m 0.76% Added +10.9k +10,888
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,04527.0k $1.3m $1.3m 0.00% Added +2.9k +2,924
47 EPG Wealth Management LLC 0.33% of their portfolio ATLANTA, GA 26,78526.8k $1.3m $1.3m 0.33% Reduced -888 -888
48 Lifeworks Advisors, LLC 0.36% of their portfolio GRAND RAPIDS, MI 25,89225.9k $1.3m $1.3m 0.36% Added +320 +320
49 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 25,74425.7k $1.3m $1.3m 0.04% Added +6.1k +6,075
50 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 25,25325.3k $1.2m $1.2m 0.03% New
51 Gimbal Financial 0.95% of their portfolio CARMEL, IN 23,53823.5k $1.2m $1.2m 0.95% Reduced -19.5k -19,495
52 LYNCH & ASSOCIATES/IN 0.26% of their portfolio EVANSVILLE, IN 22,92722.9k $1.1m $1.1m 0.26% Added +1.7k +1,746
53 Main Street Financial Solutions, LLC 0.12% of their portfolio NEWTOWN, PA 22,72122.7k $1.1m $1.1m 0.12% Unchanged
54 Birchcreek Wealth Management, LLC 0.49% of their portfolio MIAMI TOWNSHIP, OH 18,66018.7k $924.8k $924.8k 0.49% Reduced -385 -385
55 VISTA INVESTMENT MANAGEMENT 0.34% of their portfolio PITTSBURGH, PA 17,01717.0k $843.4k $843.4k 0.34% Added +841 +841
56 Fifth Third Securities, Inc. 0.08% of their portfolio Cincinnati, OH 16,58516.6k $822.0k $822.0k 0.08% Unchanged
57 Pacific Sun Financial Corp 0.48% of their portfolio LOS ANGELES, CA 16,57516.6k $821.5k $821.5k 0.48% Reduced -140 -140
58 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,90315.9k $788.2k $788.2k 0.00% New
59 Stonebridge Financial Planning Group, LLC 0.40% of their portfolio ORLANDO, FL 15,26915.3k $756.7k $756.7k 0.40% Added +2.0k +2,042
60 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 14,93714.9k $740.3k $740.3k 0.01% Added +2.1k +2,098
61 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 14,10014.1k $698.8k $698.8k 0.00% Reduced -10.3k -10,300
62 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,49213.5k $668.7k $668.7k 0.02% Added +964 +964
63 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 12,92412.9k $640.5k $640.5k 0.02% Reduced -2.6k -2,570
64 Court Place Advisors, LLC 0.21% of their portfolio ELLICOTT CITY, MD 12,86412.9k $637.6k $637.6k 0.21% Reduced -4.8k -4,848
65 Atlas Private Wealth Management, LLC 0.26% of their portfolio ALBANY, NY 12,68612.7k $628.7k $628.7k 0.26% Added +119 +119
66 Comprehensive Wealth Management, LLC 0.48% of their portfolio LYNNWOOD, WA 12,53512.5k $621.2k $621.2k 0.48% Reduced -596 -596
67 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,46212.5k $618.0k $618.0k 0.00% Reduced -1.6k -1,606
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,70311.7k $580.0k $580.0k 0.00% Added +3.5k +3,501
69 Soltis Investment Advisors LLC 0.06% of their portfolio ST. GEORGE, UT 11,69111.7k $579.4k $579.4k 0.06% Added +276 +276
70 CX Institutional 0.03% of their portfolio AUBURN, IN 11,66911.7k $578.3k $578.3k 0.03% New
71 Charter Oak Capital Management, LLC 0.06% of their portfolio PORTSMOUTH, NH 11,02211.0k $546.3k $546.3k 0.06% Reduced -2.3k -2,262
72 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 10,58010.6k $524.0k $524.0k 0.00% Added +4.7k +4,700
73 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,7979.8k $485.5k $485.5k 0.00% New
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 9,4539.5k $468.5k $468.5k 0.00% Added +2.4k +2,357
75 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 9,4149.4k $466.6k $466.6k 0.00% Added +4.4k +4,447
76 Atlas Brown,Inc. 0.17% of their portfolio LOUISVILLE, KY 9,2449.2k $458.1k $458.1k 0.17% Added +4 +4
77 FMR LLC 0.00% of their portfolio BOSTON, MA 8,6438.6k $428.4k $428.4k 0.00% Added +3.0k +2,968
78 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 8,5018.5k $421.3k $421.3k 0.01% Reduced -1.5k -1,456
79 KCM INVESTMENT ADVISORS LLC 0.01% of their portfolio GREENBRAE, CA 7,8607.9k $389.5k $389.5k 0.01% Unchanged
80 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 7,4057.4k $367.0k $367.0k 0.01% Unchanged
81 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,9727.0k $345.5k $345.5k 0.00% Reduced -42.3k -42,305
82 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 6,5386.5k $324.0k $324.0k 0.01% Unchanged
83 Williams & Novak, LLC 0.33% of their portfolio WESTLAKE VILLAGE, CA 6,5386.5k $291.2k $291.2k 0.33% Unchanged
84 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 6,3956.4k $316.9k $316.9k 0.01% New
85 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 6,3736.4k $315.8k $315.8k 0.01% Added +483 +483
86 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 5,9445.9k $294.6k $294.6k 0.00% Added +2.0k +2,004
87 Badgley Phelps Wealth Managers, LLC 0.01% of their portfolio SEATTLE, WA 5,8315.8k $289.0k $289.0k 0.01% Reduced -73 -73
88 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 5,2395.2k $259.6k $259.6k 0.00% Reduced -13.1k -13,075
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,7074.7k $233.3k $233.3k 0.00% Added +70 +70
90 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 4,5164.5k $223.8k $223.8k 0.00% Added +1.8k +1,838
91 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 4,4864.5k $222.3k $222.3k 0.00% New
92 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 4,4644.5k $221.2k $221.2k 0.01% New
93 Smithfield Trust Co 0.01% of their portfolio PITTSBURGH, PA 3,4003.4k $169.0k $169.0k 0.01% Added +1.4k +1,425
94 Rosenberg Matthew Hamilton 0.04% of their portfolio GRAND JUNCTION, CO 3,1103.1k $155.1k $155.1k 0.04% Unchanged
95 CWM, LLC 0.00% of their portfolio OMAHA, NE 3,0013.0k $149.0k $149.0k 0.00% Added +1.0k +1,013
96 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 2,3492.3k $116.4k $116.4k 0.01% Added +479 +479
97 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,2152.2k $109.8k $109.8k 0.00% Unchanged
98 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,2032.2k $109.2k $109.2k 0.00% Added +478 +478
99 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,5941.6k $79.0k $79.0k 0.00% Reduced -7 -7
100 Migdal Insurance & Financial Holdings Ltd. 0.00% of their portfolio Petach Tikva, L3 1,4651.5k $73.0k $73.0k 0.00% Reduced -5.4k -5,435