Vault-13

FIDELITY COVINGTON TRUST FCOM

MSCI COMMNTN SVC · ETP · CUSIP 316092873

192 institutional holders +10 vs Q2 2025
16,532,94216.5m shares reported held*
$1.2bnreported value*
25 new 61 added 58 reduced 8 sold out net bought ≈ $48.1m (+677.9k 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 ($22.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $70.97.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 100Q4 22: 114Q1 23: 122Q2 23: 125Q3 23: 129Q4 23: 145Q1 24: 136Q2 24: 143Q3 24: 146Q4 24: 187Q1 25: 170Q2 25: 182Q3 25: 192192Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022100
Q4 2022114
Q1 2023122
Q2 2023125
Q3 2023129
Q4 2023145
Q1 2024136
Q2 2024143
Q3 2024146
Q4 2024187
Q1 2025170
Q2 2025182
Q3 2025192

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 63 bought or addedQ4 23: 65 cut or sold outQ1 24: 59 bought or addedQ1 24: 66 cut or sold outQ1 24Q2 24: 69 bought or addedQ2 24: 49 cut or sold outQ3 24: 78 bought or addedQ3 24: 54 cut or sold outQ3 24Q4 24: 98 bought or addedQ4 24: 60 cut or sold outQ1 25: 84 bought or addedQ1 25: 91 cut or sold outQ1 25Q2 25: 102 bought or addedQ2 25: 64 cut or sold outQ3 25: 86 bought or addedQ3 25: 66 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236365
Q1 20245966
Q2 20246949
Q3 20247854
Q4 20249860
Q1 20258491
Q2 202510264
Q3 20258666

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV New +260,183+260.2k
Harel Insurance Investments & Financial Services Ltd. Added +221,829+221.8k
Lido Advisors, LLC Added +194,559+194.6k
RAYMOND JAMES FINANCIAL INC Added +89,467+89.5k
KINGSWOOD WEALTH ADVISORS, LLC Added +80,357+80.4k
VICUS CAPITAL Added +58,356+58.4k
BNP PARIBAS FINANCIAL MARKETS New +50,000+50.0k
OSAIC HOLDINGS, INC. Added +35,711+35.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +30,095+30.1k
NorthCoast Asset Management LLC Added +23,632+23.6k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -128,229-128.2k
LPL Financial LLC Reduced -89,747-89.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -71,012-71.0k
TWO SIGMA INVESTMENTS, LP Sold out -43,000-43.0k
Thrivent Financial for Lutherans Sold out -38,103-38.1k
WELLS FARGO & COMPANY/MN Reduced -26,400-26.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -25,885-25.9k
AE Wealth Management LLC Reduced -24,998-25.0k
Lifeworks Advisors, LLC Reduced -22,774-22.8k
Cambridge Investment Research Advisors, Inc. Reduced -16,268-16.3k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 4,350,3854.4m $308.7m $308.7m 0.05% Reduced -71.0k -71,012
2 Harel Insurance Investments & Financial Services Ltd. 1.73% of their portfolio Ramat Gan, L3 2,706,1092.7m $192.1m $192.1m 1.73% Added +221.8k +221,829
3 Lido Advisors, LLC 0.60% of their portfolio Los Angeles, CA 2,062,2882.1m $146.4m $146.4m 0.60% Added +194.6k +194,559
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,254,1171.3m $89.0m $89.0m 0.06% Reduced -128.2k -128,229
5 AGF MANAGEMENT LTD 0.20% of their portfolio TORONTO, A6 654,982655.0k $46.5m $46.5m 0.20% Added +22.7k +22,707
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 442,216442.2k $31.4m $31.4m 0.00% Added +13.9k +13,905
7 VICUS CAPITAL 1.89% of their portfolio STATE COLLEGE, PA 348,045348.0k $24.7m $24.7m 1.89% Added +58.4k +58,356
8 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 295,874295.9k $21.0m $21.0m 0.03% Added +30.1k +30,095
9 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 260,183260.2k $18.5m $18.5m 0.03% New
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 242,959243.0k $17.2m $17.2m 0.00% Reduced -26.4k -26,400
11 Full Sail Capital, LLC 0.89% of their portfolio OKLAHOMA CITY, OK 226,641226.6k $16.1m $16.1m 0.89% Reduced -8.2k -8,153
12 Destiny Wealth Partners, LLC 1.74% of their portfolio TAVARES, FL 199,798199.8k $14.2m $14.2m 1.74% Added +4.9k +4,887
13 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 185,070185.1k $13.1m $13.1m 0.01% Added +687 +687
14 Independence Financial Advisors, LLC 3.47% of their portfolio FRANKLIN, NH 160,321160.3k $11.4m $11.4m 3.47% Added +13.9k +13,880
15 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 160,182160.2k $11.4m $11.4m 0.05% Reduced -3.9k -3,891
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 151,386151.4k $10.7m $10.7m 0.00% Reduced -89.7k -89,747
17 Guerra Advisors Inc 3.90% of their portfolio MIAMI, FL 148,557148.6k $10.5m $10.5m 3.90% Added +18.9k +18,917
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 144,488144.5k $10.3m $10.3m 0.01% Reduced -2.2k -2,194
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 138,828138.8k $9.9m $9.9m 0.00% Added +89.5k +89,467
20 Crumly & Associates Inc. 1.95% of their portfolio SPRINGFIELD, IL 125,591125.6k $8.9m $8.9m 1.95% Added +1.7k +1,658
21 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 108,190108.2k $7.7m $7.7m 0.01% Added +35.7k +35,711
22 Fischer Financial Services, Inc. 2.00% of their portfolio HARRISBURG, PA 104,786104.8k $7.4m $7.4m 2.00% Reduced -1.7k -1,676
23 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 94,75994.8k $6.7m $6.7m 0.04% Reduced -25.0k -24,998
24 NorthCoast Asset Management LLC 0.02% of their portfolio STAMFORD, CT 89,59589.6k $6.4m $6.4m 0.02% Added +23.6k +23,632
25 KINGSWOOD WEALTH ADVISORS, LLC 0.38% of their portfolio SAN DIEGO, CA 88,86788.9k $6.3m $6.3m 0.38% Added +80.4k +80,357
26 Yoder Wealth Management, Inc. 2.78% of their portfolio WALNUT CREEK, CA 82,87082.9k $5.9m $5.9m 2.78% Added +6.6k +6,605
27 SOUTHERN CAPITAL ADVISORS, LLC 2.55% of their portfolio Jackson, TN 76,77776.8k $5.4m $5.4m 2.55% Reduced -953 -953
28 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 74,15074.2k $5.3m $5.3m 0.01% Reduced -16.3k -16,268
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 73,79073.8k $5.2m $5.2m 0.00% Added +3.5k +3,505
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 72,94272.9k $5.2m $5.2m 0.00% Reduced -1.8k -1,767
31 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 71,60471.6k $5.1m $5.1m 0.01% Added +4.4k +4,355
32 Maltin Wealth Management, Inc. 1.72% of their portfolio RIDGEWOOD, NJ 58,45358.5k $4.1m $4.1m 1.72% Added +392 +392
33 Smith Salley Wealth Management 0.21% of their portfolio GREENSBORO, NC 58,09358.1k $4.1m $4.1m 0.21% Reduced -543 -543
34 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 52,77552.8k $3.7m $3.7m 0.02% Added +4.5k +4,470
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 50,00050.0k $3.5m $3.5m 0.00% New
36 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 37,05437.1k $2.6m $2.6m 0.00% Reduced -10.3k -10,334
37 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 32,04732.0k $2.3m $2.3m 0.02% Added +1.6k +1,599
38 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 31,98132.0k $2.3m $2.3m 0.03% Reduced -263 -263
39 FMR LLC 0.00% of their portfolio BOSTON, MA 29,60029.6k $2.1m $2.1m 0.00% Added +3.4k +3,363
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 25,60225.6k $1.8m $1.8m 0.00% Reduced -427 -427
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 24,87624.9k $1.8m $1.8m 0.00% Added +7.8k +7,842
42 LYNCH & ASSOCIATES/IN 0.34% of their portfolio EVANSVILLE, IN 24,85524.9k $1.8m $1.8m 0.34% Reduced -437 -437
43 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 24,60924.6k $1.7m $1.7m 0.05% Reduced -37 -37
44 Mechanics Bank Trust Department 0.23% of their portfolio Walnut Creek, CA 23,16823.2k $1.6m $1.6m 0.23% Reduced -648 -648
45 Beckerman Institutional, LLC 0.95% of their portfolio OCEAN GROVE, NJ 22,67322.7k $1.6m $1.6m 0.95% Added +566 +566
46 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 21,44921.4k $1.5m $1.5m 0.04% Reduced -2.5k -2,529
47 GRIMES & Co WEALTH MANAGEMENT, LLC 0.04% of their portfolio WESTBOROUGH, MA 21,20121.2k $1.5m $1.5m 0.04% Added +9 +9
48 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 20,66820.7k $1.5m $1.5m 0.10% Reduced -7.9k -7,889
49 Stonebridge Financial Planning Group, LLC 0.55% of their portfolio ORLANDO, FL 20,50220.5k $1.5m $1.5m 0.55% Added +4.3k +4,277
50 KDK Private Wealth Management, LLC 1.43% of their portfolio Houston, TX 19,93219.9k $1.4m $1.4m 1.43% Reduced -737 -737
51 Pacific Sun Financial Corp 0.67% of their portfolio LOS ANGELES, CA 19,54719.5k $1.4m $1.4m 0.67% Added +141 +141
52 Birchcreek Wealth Management, LLC 0.71% of their portfolio MIAMI TOWNSHIP, OH 19,45719.5k $1.4m $1.4m 0.71% Added +115 +115
53 Maxele Advisors, LLC 1.17% of their portfolio WEBSTER GROVES, MO 19,19219.2k $1.4m $1.4m 1.17% Reduced -597 -597
54 CX Institutional 0.04% of their portfolio AUBURN, IN 18,87218.9k $1.3m $1.3m 0.04% Reduced -943 -943
55 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 18,08218.1k $1.3m $1.3m 0.00% Added +4.2k +4,179
56 VISTA INVESTMENT MANAGEMENT 0.45% of their portfolio PITTSBURGH, PA 17,99118.0k $1.3m $1.3m 0.45% Reduced -46 -46
57 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 17,52517.5k $1.2m $1.2m 0.01% Added +1 +1
58 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 17,46317.5k $1.2m $1.2m 0.02% New
59 EPG Wealth Management LLC 0.33% of their portfolio ATLANTA, GA 16,89416.9k $1.2m $1.2m 0.33% Reduced -2.6k -2,564
60 Live Oak Investment Partners 0.79% of their portfolio AUSTIN, TX 16,71316.7k $1.2m $1.2m 0.79% Added +749 +749
61 Fifth Third Securities, Inc. 0.08% of their portfolio Cincinnati, OH 16,63516.6k $1.2m $1.2m 0.08% Reduced -181 -181
62 Court Place Advisors, LLC 0.35% of their portfolio ELLICOTT CITY, MD 16,20816.2k $1.2m $1.2m 0.35% Reduced -597 -597
63 Crossmark Global Holdings, Inc. 0.02% of their portfolio HOUSTON, TX 15,28315.3k $1.1m $1.1m 0.02% Unchanged
64 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 15,02515.0k $1.1m $1.1m 0.00% Added +1.4k +1,433
65 AMERICAN NATIONAL BANK & TRUST 0.10% of their portfolio WICHITA FALLS, TX 14,35914.4k $1.0m $1.0m 0.10% Added +1.5k +1,481
66 Meridian Wealth Management, LLC 0.04% of their portfolio LEXINGTON, KY 14,15214.2k $1.0m $1.0m 0.04% Added +1.6k +1,553
67 Main Street Financial Solutions, LLC 0.06% of their portfolio NEWTOWN, PA 13,67013.7k $970.2k $970.2k 0.06% Reduced -586 -586
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,55813.6k $962.2k $962.2k 0.00% Reduced -25.9k -25,885
69 VCI Wealth Management LLC 0.28% of their portfolio ST LOUIS, MO 12,98313.0k $921.4k $921.4k 0.28% Reduced -8.4k -8,426
70 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 12,67112.7k $899.3k $899.3k 0.03% Reduced -2.3k -2,339
71 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 12,03312.0k $854.0k $854.0k 0.00% Reduced -241 -241
72 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 11,98112.0k $850.3k $850.3k 0.01% Added +641 +641
73 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,62611.6k $813.7k $813.7k 0.00% Added +2.3k +2,316
74 Soltis Investment Advisors LLC 0.06% of their portfolio ST. GEORGE, UT 11,53811.5k $818.9k $818.9k 0.06% Unchanged
75 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,03411.0k $783.1k $783.1k 0.00% Added +696 +696
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,97311.0k $779.0k $779.0k 0.00% Reduced -11.0k -11,045
77 Atlas Brown,Inc. 0.21% of their portfolio LOUISVILLE, KY 10,20610.2k $724.3k $724.3k 0.21% Reduced -150 -150
78 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 9,96510.0k $707.2k $707.2k 0.00% Reduced -737 -737
79 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 9,96310.0k $707.1k $707.1k 0.05% Added +7.6k +7,607
80 INTEGRITY ALLIANCE, LLC. 0.03% of their portfolio Urbandale, IA 9,8409.8k $698.4k $698.4k 0.03% New
81 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 9,4489.4k $670.5k $670.5k 0.00% Added +6.2k +6,230
82 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 9,2189.2k $654.2k $654.2k 0.00% Added +4.8k +4,826
83 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 8,9448.9k $570.8k $570.8k 0.00% Added +4.3k +4,297
84 Lifeworks Advisors, LLC 0.08% of their portfolio GRAND RAPIDS, MI 8,7938.8k $624.1k $624.1k 0.08% Reduced -22.8k -22,774
85 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 8,7728.8k $622.5k $622.5k 0.01% Reduced -412 -412
86 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,6918.7k $616.8k $616.8k 0.00% Reduced -513 -513
87 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 7,9568.0k $564.6k $564.6k 0.00% Reduced -405 -405
88 Elm3 Financial Group, LLC 0.46% of their portfolio ALPHARETTA, GA 7,9407.9k $563.5k $563.5k 0.46% Added +677 +677
89 SMITH SHELLNUT WILSON LLC /ADV 0.21% of their portfolio Ridgeland, MS 7,7857.8k $552.5k $552.5k 0.21% New
90 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.08% of their portfolio Reston, VA 7,6827.7k $545.2k $545.2k 0.08% Added +1.7k +1,705
91 Sovran Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 7,6067.6k $536.1k $536.1k 0.05% Added +1.4k +1,350
92 KCM INVESTMENT ADVISORS LLC 0.02% of their portfolio GREENBRAE, CA 7,3027.3k $518.2k $518.2k 0.02% Unchanged
93 Integrated Advisors Network LLC 0.02% of their portfolio DALLAS, TX 7,2307.2k $513.1k $513.1k 0.02% Unchanged
94 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 7,1827.2k $509.7k $509.7k 0.01% Reduced -592 -592
95 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 6,8896.9k $488.9k $488.9k 0.00% Unchanged
96 Smithfield Trust Co 0.02% of their portfolio PITTSBURGH, PA 6,6506.7k $471.0k $471.0k 0.02% Unchanged
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 6,1466.1k $436.2k $436.2k 0.00% Added +2.8k +2,807
98 Charter Oak Capital Management, LLC 0.03% of their portfolio PORTSMOUTH, NH 6,0206.0k $427.2k $427.2k 0.03% Reduced -245 -245
99 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 5,8685.9k $416.4k $416.4k 0.01% Added +1.1k +1,061
100 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,6765.7k $402.9k $402.9k 0.00% Reduced -15.0k -15,034