Vault-13

FIDELITY COVINGTON TRUST FCOM

MSCI COMMNTN SVC · ETP · CUSIP 316092873

212 institutional holders +20 vs Q3 2025
17,062,80017.1m shares reported held*
$1.2bnreported value*
26 new 72 added 57 reduced 13 sold out net bought ≈ $45.2m (+615.4k 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 ($47.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $73.04.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 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: 192Q4 25: 212212Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025212

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 59 bought or addedQ1 24: 66 cut or sold outQ2 24: 69 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 54 cut or sold outQ4 24: 98 bought or addedQ4 24: 60 cut or sold outQ4 24Q1 25: 84 bought or addedQ1 25: 91 cut or sold outQ2 25: 102 bought or addedQ2 25: 64 cut or sold outQ2 25Q3 25: 86 bought or addedQ3 25: 66 cut or sold outQ4 25: 98 bought or addedQ4 25: 70 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245966
Q2 20246949
Q3 20247854
Q4 20249860
Q1 20258491
Q2 202510264
Q3 20258666
Q4 20259870

Biggest buyers

Harel Insurance Investments & Financial Services Ltd. Added +284,563+284.6k
Bellwether Advisors, LLC New +200,355+200.4k
Thrivent Financial for Lutherans New +49,900+49.9k
Crumly & Associates Inc. Added +33,200+33.2k
LPL Financial LLC Added +31,808+31.8k
STIFEL FINANCIAL CORP Added +26,951+27.0k
CITADEL ADVISORS LLC New +25,687+25.7k
GRIMES & Co WEALTH MANAGEMENT, LLC Added +19,165+19.2k
MORGAN STANLEY Added +17,976+18.0k
MAI Capital Management New +15,908+15.9k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -80,840-80.8k
BNP PARIBAS FINANCIAL MARKETS Sold out -50,000-50.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -35,538-35.5k
MERCER GLOBAL ADVISORS INC /ADV Reduced -31,299-31.3k
Crossmark Global Holdings, Inc. Sold out -15,283-15.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -11,542-11.5k
MARSHALL WACE, LLP Sold out -9,448-9.4k
VCI Wealth Management LLC Reduced -7,818-7.8k
Integrated Advisors Network LLC Sold out -7,230-7.2k
Cambridge Investment Research Advisors, Inc. Reduced -6,537-6.5k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 4,314,8474.3m $316.2m $316.2m 0.05% Reduced -35.5k -35,538
2 Harel Insurance Investments & Financial Services Ltd. 1.90% of their portfolio Ramat Gan, L3 2,990,6723.0m $219.2m $219.2m 1.90% Added +284.6k +284,563
3 Lido Advisors, LLC 0.58% of their portfolio Los Angeles, CA 2,065,1702.1m $146.7m $146.7m 0.58% Added +2.9k +2,882
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,173,2771.2m $86.0m $86.0m 0.05% Reduced -80.8k -80,840
5 AGF MANAGEMENT LTD 0.21% of their portfolio TORONTO, A6 650,346650.3k $47.7m $47.7m 0.21% Reduced -4.6k -4,636
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 460,192460.2k $33.7m $33.7m 0.00% Added +18.0k +17,976
7 VICUS CAPITAL 1.99% of their portfolio STATE COLLEGE, PA 362,496362.5k $26.6m $26.6m 1.99% Added +14.5k +14,451
8 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 297,696297.7k $21.8m $21.8m 0.03% Added +1.8k +1,822
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 246,813246.8k $18.1m $18.1m 0.00% Added +3.9k +3,854
10 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 228,884228.9k $16.8m $16.8m 0.03% Reduced -31.3k -31,299
11 Bellwether Advisors, LLC 2.34% of their portfolio LINCOLN, NE 200,355200.4k $14.7m $14.7m 2.34% New
12 Destiny Wealth Partners, LLC 1.70% of their portfolio TAVARES, FL 199,633199.6k $14.8m $14.8m 1.70% Reduced -165 -165
13 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 185,029185.0k $13.6m $13.6m 0.01% Reduced -41 -41
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 183,194183.2k $13.4m $13.4m 0.00% Added +31.8k +31,808
15 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 171,439171.4k $12.6m $12.6m 0.01% Added +27.0k +26,951
16 Independence Financial Advisors, LLC 3.32% of their portfolio FRANKLIN, NH 164,639164.6k $12.1m $12.1m 3.32% Added +4.3k +4,318
17 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 163,108163.1k $12.0m $12.0m 0.05% Added +2.9k +2,926
18 Crumly & Associates Inc. 2.44% of their portfolio SPRINGFIELD, IL 158,791158.8k $11.6m $11.6m 2.44% Added +33.2k +33,200
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 135,395135.4k $9.9m $9.9m 0.00% Reduced -3.4k -3,433
20 REDSTONE WEALTH MANAGEMENT, LLC 7.11% of their portfolio OKLAHOMA CITY, OK 122,722122.7k $9.0m $9.0m 7.11% First filing
21 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 105,853105.9k $7.8m $7.8m 0.01% Reduced -2.3k -2,337
22 Fischer Financial Services, Inc. 2.04% of their portfolio HARRISBURG, PA 104,974105.0k $7.7m $7.7m 2.04% Added +188 +188
23 NorthCoast Asset Management LLC 0.17% of their portfolio STAMFORD, CT 104,850104.8k $7.7m $7.7m 0.17% Added +15.3k +15,255
24 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 100,769100.8k $7.4m $7.4m 0.04% Added +6.0k +6,010
25 Yoder Wealth Management, Inc. 3.26% of their portfolio WALNUT CREEK, CA 97,69097.7k $7.2m $7.2m 3.26% Added +14.8k +14,820
26 KINGSWOOD WEALTH ADVISORS, LLC 0.32% of their portfolio SAN DIEGO, CA 90,39990.4k $6.6m $6.6m 0.32% Added +1.5k +1,532
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 82,55182.6k $6.0m $6.0m 0.00% Added +8.8k +8,761
28 SOUTHERN CAPITAL ADVISORS, LLC 2.56% of their portfolio Jackson, TN 75,85975.9k $5.6m $5.6m 2.56% Reduced -918 -918
29 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 75,64675.6k $5.5m $5.5m 0.01% Added +4.0k +4,042
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 74,67274.7k $5.5m $5.5m 0.00% Added +1.7k +1,730
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 67,61367.6k $5.0m $5.0m 0.01% Reduced -6.5k -6,537
32 Maltin Wealth Management, Inc. 1.70% of their portfolio RIDGEWOOD, NJ 58,36458.4k $4.3m $4.3m 1.70% Reduced -89 -89
33 Smith Salley Wealth Management 0.21% of their portfolio GREENSBORO, NC 57,94357.9k $4.2m $4.2m 0.21% Reduced -150 -150
34 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 53,17353.2k $3.9m $3.9m 0.02% Added +398 +398
35 NLB Skladi, upravljanje premozenja, d.o.o. 0.18% of their portfolio Ljubljana, 2A 52,73152.7k $3.9m $3.9m 0.18% First filing
36 ATLAS CAPITAL ADVISORS INC. 0.42% of their portfolio JACKSON, WY 51,56751.6k $3.8m $3.8m 0.42% First filing
37 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 49,90049.9k $3.7m $3.7m 0.01% New
38 GRIMES & Co WEALTH MANAGEMENT, LLC 0.07% of their portfolio WESTBOROUGH, MA 40,36640.4k $3.0m $3.0m 0.07% Added +19.2k +19,165
39 FMR LLC 0.00% of their portfolio BOSTON, MA 33,49033.5k $2.5m $2.5m 0.00% Added +3.9k +3,890
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 33,20133.2k $2.4m $2.4m 0.00% Added +7.6k +7,599
41 Alliance Private Wealth, LLC 0.73% of their portfolio NORTH READING, MA 28,32428.3k $2.1m $2.1m 0.73% First filing
42 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 27,81827.8k $2.0m $2.0m 0.01% Reduced -4.2k -4,229
43 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,68725.7k $1.9m $1.9m 0.00% New
44 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 25,51225.5k $1.9m $1.9m 0.00% Reduced -11.5k -11,542
45 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 25,50625.5k $1.9m $1.9m 0.02% Reduced -6.5k -6,475
46 LYNCH & ASSOCIATES/IN 0.34% of their portfolio EVANSVILLE, IN 24,62724.6k $1.8m $1.8m 0.34% Reduced -228 -228
47 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 24,61024.6k $1.8m $1.8m 0.00% Reduced -266 -266
48 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 24,57024.6k $1.8m $1.8m 0.05% Reduced -39 -39
49 Stonebridge Financial Planning Group, LLC 0.60% of their portfolio ORLANDO, FL 22,77122.8k $1.7m $1.7m 0.60% Added +2.3k +2,269
50 Beckerman Institutional, LLC 0.92% of their portfolio OCEAN GROVE, NJ 22,47722.5k $1.6m $1.6m 0.92% Reduced -196 -196
51 Mechanics Bank Trust Department 0.21% of their portfolio Walnut Creek, CA 22,22322.2k $1.6m $1.6m 0.21% Reduced -945 -945
52 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 21,75421.8k $1.6m $1.6m 0.03% Added +305 +305
53 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 21,64921.6k $1.6m $1.6m 0.00% Added +3.6k +3,567
54 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 20,99221.0k $1.5m $1.5m 0.00% Added +7.4k +7,434
55 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 20,65520.7k $1.5m $1.5m 0.10% Reduced -13 -13
56 Pacific Sun Financial Corp 0.72% of their portfolio LOS ANGELES, CA 20,48020.5k $1.5m $1.5m 0.72% Added +933 +933
57 CX Institutional 0.04% of their portfolio AUBURN, IN 19,95520.0k $1.5m $1.5m 0.04% Added +1.1k +1,083
58 KDK Private Wealth Management, LLC 1.26% of their portfolio Houston, TX 19,68019.7k $1.4m $1.4m 1.26% Reduced -252 -252
59 Maxele Advisors, LLC 1.14% of their portfolio WEBSTER GROVES, MO 19,22019.2k $1.4m $1.4m 1.14% Added +28 +28
60 AMERICAN NATIONAL BANK & TRUST 0.13% of their portfolio WICHITA FALLS, TX 18,76618.8k $1.4m $1.4m 0.13% Added +4.4k +4,407
61 VISTA INVESTMENT MANAGEMENT 0.45% of their portfolio PITTSBURGH, PA 18,69118.7k $1.4m $1.4m 0.45% Added +700 +700
62 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 18,43618.4k $1.4m $1.4m 0.00% Added +9.2k +9,218
63 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 17,82517.8k $1.3m $1.3m 0.01% Added +300 +300
64 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 17,57717.6k $1.3m $1.3m 0.02% Added +114 +114
65 Live Oak Investment Partners 0.79% of their portfolio AUSTIN, TX 17,49817.5k $1.3m $1.3m 0.79% Added +785 +785
66 EPG Wealth Management LLC 0.34% of their portfolio ATLANTA, GA 17,22717.2k $1.3m $1.3m 0.34% Added +333 +333
67 Jacobs Equity LLC 1.18% of their portfolio DRAPER, UT 16,77716.8k $1.2m $1.2m 1.18% First filing
68 Sunbelt Securities, Inc. 0.08% of their portfolio HOUSTON, TX 16,74716.7k $1.2m $1.2m 0.08% Added +6.8k +6,784
69 Fifth Third Securities, Inc. 0.08% of their portfolio Cincinnati, OH 16,49116.5k $1.2m $1.2m 0.08% Reduced -144 -144
70 Birchcreek Wealth Management, LLC 0.59% of their portfolio MIAMI TOWNSHIP, OH 16,32716.3k $1.2m $1.2m 0.59% Reduced -3.1k -3,130
71 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 15,90815.9k $1.2m $1.2m 0.01% New
72 Meridian Wealth Management, LLC 0.04% of their portfolio LEXINGTON, KY 14,79014.8k $1.1m $1.1m 0.04% Added +638 +638
73 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,41414.4k $1.1m $1.1m 0.00% Added +4.4k +4,449
74 RFP Financial Group LLC 0.50% of their portfolio ATLANTA, GA 14,23514.2k $1.0m $1.0m 0.50% New
75 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,06714.1k $1.0m $1.0m 0.00% Reduced -958 -958
76 Main Street Financial Solutions, LLC 0.07% of their portfolio NEWTOWN, PA 13,55013.6k $993.0k $993.0k 0.07% Reduced -120 -120
77 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 12,83712.8k $940.7k $940.7k 0.03% Added +166 +166
78 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 12,65612.7k $927.5k $927.5k 0.01% Added +675 +675
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,43612.4k $911.0k $911.0k 0.00% Added +1.5k +1,463
80 BLUE JEAN FINANCIAL LLC 0.72% of their portfolio ALBANY, NY 12,15312.2k $890.6k $890.6k 0.72% First filing
81 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,80711.8k $867.9k $867.9k 0.00% Added +181 +181
82 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 11,67011.7k $855.2k $855.2k 0.00% Reduced -363 -363
83 INTEGRITY ALLIANCE, LLC. 0.03% of their portfolio Urbandale, IA 11,57611.6k $848.3k $848.3k 0.03% Added +1.7k +1,736
84 Soltis Investment Advisors LLC 0.06% of their portfolio ST. GEORGE, UT 11,53811.5k $845.5k $845.5k 0.06% Unchanged
85 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,84210.8k $794.5k $794.5k 0.00% Reduced -192 -192
86 Atlas Brown,Inc. 0.23% of their portfolio LOUISVILLE, KY 10,59310.6k $776.3k $776.3k 0.23% Added +387 +387
87 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.09% of their portfolio Reston, VA 8,6288.6k $632.2k $632.2k 0.09% Added +946 +946
88 Lifeworks Advisors, LLC 0.08% of their portfolio GRAND RAPIDS, MI 8,5548.6k $626.8k $626.8k 0.08% Reduced -239 -239
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,5048.5k $623.2k $623.2k 0.00% Reduced -187 -187
90 KCM INVESTMENT ADVISORS LLC 0.02% of their portfolio GREENBRAE, CA 8,4868.5k $621.9k $621.9k 0.02% Added +1.2k +1,184
91 Bayshore Capital Advisors, LLC 0.30% of their portfolio TAMPA, FL 8,1368.1k $596.2k $596.2k 0.30% First filing
92 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 7,9568.0k $583.0k $583.0k 0.00% Unchanged
93 Elm3 Financial Group, LLC 0.47% of their portfolio ALPHARETTA, GA 7,8057.8k $572.0k $572.0k 0.47% Reduced -135 -135
94 Sovran Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 7,6817.7k $562.0k $562.0k 0.05% Added +75 +75
95 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 7,1567.2k $524.4k $524.4k 0.01% Reduced -26 -26
96 Odyssey Capital Advisors, Inc. 0.45% of their portfolio BALA CYNWYD, PA 6,9456.9k $508.9k $508.9k 0.45% First filing
97 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 6,8896.9k $504.8k $504.8k 0.00% Unchanged
98 Piscataqua Savings Bank 0.35% of their portfolio PORTSMOUTH, NH 6,8706.9k $503.4k $503.4k 0.35% New
99 Smithfield Trust Co 0.02% of their portfolio PITTSBURGH, PA 6,7756.8k $497.0k $497.0k 0.02% Added +125 +125
100 NOVEM GROUP 0.06% of their portfolio Rochester, NY 6,4836.5k $475.0k $475.0k 0.06% Added +1.7k +1,696