Vault-13

FIDELITY COVINGTON TRUST FMAT

MSCI MATLS INDEX · ETP · CUSIP 316092881

147 institutional holders +13 vs Q1 2026
4,536,0114.5m shares reported held*
$265.4mreported value*
25 new 51 added 39 reduced 13 sold out net bought ≈ $23.7m (+405.8k 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 ($441.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.51. Options: 1 managers hold calls ($204.8k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 89Q4 22: 106Q1 23: 107Q2 23: 98Q3 23: 105Q4 23: 116Q1 24: 109Q2 24: 106Q3 24: 112Q4 24: 112Q1 25: 111Q2 25: 110Q3 25: 116Q4 25: 128Q1 26: 134Q2 26: 147147Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202289
Q4 2022106
Q1 2023107
Q2 202398
Q3 2023105
Q4 2023116
Q1 2024109
Q2 2024106
Q3 2024112
Q4 2024112
Q1 2025111
Q2 2025110
Q3 2025116
Q4 2025128
Q1 2026134
Q2 2026147

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 59 bought or addedQ3 24: 37 cut or sold outQ4 24: 48 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 53 cut or sold outQ2 25: 41 bought or addedQ2 25: 54 cut or sold outQ2 25Q3 25: 54 bought or addedQ3 25: 45 cut or sold outQ4 25: 60 bought or addedQ4 25: 42 cut or sold outQ4 25Q1 26: 73 bought or addedQ1 26: 49 cut or sold outQ2 26: 76 bought or addedQ2 26: 52 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245937
Q4 20244850
Q1 20255553
Q2 20254154
Q3 20255445
Q4 20256042
Q1 20267349
Q2 20267652

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $236.3kQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $204.8kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$236.3k$00.00
Q2 2026$204.8k$00.00

Biggest buyers

Independence Financial Advisors, LLC New +204,631+204.6k
AE Wealth Management LLC Added +158,822+158.8k
NorthCoast Asset Management LLC Added +50,481+50.5k
TWO SIGMA INVESTMENTS, LP New +44,600+44.6k
Cambridge Investment Research Advisors, Inc. Added +41,207+41.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +36,467+36.5k
Richmond Brothers, Inc. New +29,593+29.6k
J.W. COLE ADVISORS, INC. New +28,138+28.1k
GOLDMAN SACHS GROUP INC Added +25,317+25.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +21,651+21.7k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -184,765-184.8k
Cetera Investment Advisers Reduced -64,095-64.1k
Bank of New York Mellon Corp Sold out -49,715-49.7k
Lido Advisors, LLC Reduced -22,977-23.0k
TOUNJIAN ADVISORY PARTNERS, LLC Reduced -14,290-14.3k
PARK AVENUE SECURITIES LLC Sold out -13,408-13.4k
Elevated Capital Advisors, LLC Reduced -12,598-12.6k
LPL Financial LLC Reduced -10,090-10.1k
MARSHALL WACE, LLP Sold out -5,796-5.8k
Transamerica Financial Advisors, LLC Reduced -4,864-4.9k

Biggest calls

CITADEL ADVISORS LLC New $204.8k3.5k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AE Wealth Management LLC 0.46% of their portfolio TOPEKA, KS 1,683,5571.7m $98.5m $98.5m 0.46% Added +158.8k +158,822
2 Lido Advisors, LLC 0.13% of their portfolio Los Angeles, CA 631,686631.7k $37.0m $37.0m 0.13% Reduced -23.0k -22,977
3 Independence Financial Advisors, LLC 3.11% of their portfolio FRANKLIN, NH 204,631204.6k $12.0m $12.0m 3.11% New
4 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 115,126115.1k $6.7m $6.7m 0.03% Added +1.9k +1,948
5 NorthCoast Asset Management LLC 0.12% of their portfolio STAMFORD, CT 92,53892.5k $5.4m $5.4m 0.12% Added +50.5k +50,481
6 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 88,76688.8k $5.2m $5.2m 0.01% Added +1.3k +1,286
7 Certified Advisory Corp 0.39% of their portfolio ALTAMONTE SPRINGS, FL 82,08682.1k $4.8m $4.8m 0.39% Added +801 +801
8 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 75,99076.0k $4.4m $4.4m 0.02% Added +10.5k +10,457
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 75,31775.3k $4.4m $4.4m 0.00% Added +25.3k +25,317
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 73,52073.5k $4.3m $4.3m 0.00% Added +36.5k +36,467
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 67,61167.6k $4.0m $4.0m 0.00% Reduced -10.1k -10,090
12 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 65,86365.9k $3.9m $3.9m 0.00% Reduced -3.3k -3,298
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 64,83564.8k $3.8m $3.8m 0.00% Added +6.6k +6,591
14 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 57,38757.4k $3.4m $3.4m 0.00% Added +14.5k +14,466
15 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 56,94056.9k $3.3m $3.3m 0.00% Added +41.2k +41,207
16 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 44,60044.6k $2.6m $2.6m 0.00% New
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 43,26643.3k $2.5m $2.5m 0.00% Reduced -184.8k -184,765
18 Lifeworks Advisors, LLC 0.24% of their portfolio GRAND RAPIDS, MI 39,08139.1k $2.3m $2.3m 0.24% Added +517 +517
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,94137.9k $2.2m $2.2m 0.00% Added +13.3k +13,332
20 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 36,89136.9k $2.2m $2.2m 0.00% Reduced -64.1k -64,095
21 Peak Financial Management, Inc. 0.44% of their portfolio WELLESLEY, MA 32,96733.0k $1.9m $1.9m 0.44% Reduced -1.2k -1,188
22 MATHER GROUP, LLC. 0.02% of their portfolio CHICAGO, IL 31,82131.8k $1.9m $1.9m 0.02% Unchanged
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 29,81429.8k $1.7m $1.7m 0.00% Added +1.1k +1,073
24 Richmond Brothers, Inc. 0.90% of their portfolio JACKSON, MI 29,59329.6k $1.7m $1.7m 0.90% New
25 Wealth Alliance Advisory Group, LLC 0.24% of their portfolio Wichita, KS 28,33728.3k $1.7m $1.7m 0.24% Reduced -690 -690
26 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 28,13828.1k $1.6m $1.6m 0.03% New
27 Beaumont Financial Advisors, LLC 0.10% of their portfolio NEEDHAM, MA 28,08528.1k $1.6m $1.6m 0.10% Reduced -2.9k -2,866
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 27,74127.7k $1.6m $1.6m 0.00% Reduced -2.1k -2,063
29 Centerline Wealth Advisors, LLC 0.48% of their portfolio LOUISVILLE, KY 26,06426.1k $1.5m $1.5m 0.48% Reduced -720 -720
30 Wealthcare Advisory Partners LLC 0.03% of their portfolio WEST CHESTER, PA 25,90225.9k $1.5m $1.5m 0.03% Added +2.8k +2,827
31 Yoder Wealth Management, Inc. 0.53% of their portfolio WALNUT CREEK, CA 23,08923.1k $1.4m $1.4m 0.53% Reduced -1.9k -1,896
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 22,71822.7k $1.3m $1.3m 0.00% Added +21.7k +21,651
33 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 22,52422.5k $1.3m $1.3m 0.00% Reduced -658 -658
34 Trail Ridge Investment Advisors, LLC 0.45% of their portfolio FORT COLLINS, CO 18,13318.1k $1.1m $1.1m 0.45% Reduced -1.0k -1,037
35 Maxele Advisors, LLC 0.74% of their portfolio WEBSTER GROVES, MO 18,05518.1k $1.1m $1.1m 0.74% First filing
36 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 17,77317.8k $1.0m $1.0m 0.01% Reduced -754 -754
37 SeaCrest Wealth Management, LLC 0.11% of their portfolio PURCHASE, NY 17,73517.7k $1.0m $1.0m 0.11% Added +1.2k +1,249
38 OneAscent Financial Services LLC 0.05% of their portfolio BIRMINGHAM, AL 17,61617.6k $1.0m $1.0m 0.05% Added +4.1k +4,147
39 PENOBSCOT WEALTH MANAGEMENT 0.27% of their portfolio PORTLAND, ME 17,55717.6k $1.0m $1.0m 0.27% Added +1.0k +1,018
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 16,36616.4k $957.6k $957.6k 0.00% Added +4.9k +4,904
41 BLUE JEAN FINANCIAL LLC 0.66% of their portfolio ALBANY, NY 16,16416.2k $945.8k $945.8k 0.66% New
42 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 16,02216.0k $937.5k $937.5k 0.00% Added +3.0k +2,967
43 Traynor Capital Management, Inc. 0.04% of their portfolio MALVERN, PA 15,21315.2k $890.1k $890.1k 0.04% Added +5.4k +5,352
44 Elevated Capital Advisors, LLC 0.24% of their portfolio SANDY, UT 15,08415.1k $882.6k $882.6k 0.24% Reduced -12.6k -12,598
45 FMR LLC 0.00% of their portfolio BOSTON, MA 14,42414.4k $844.0k $844.0k 0.00% Added +17 +17
46 Smith Salley Wealth Management 0.03% of their portfolio GREENSBORO, NC 13,54613.5k $792.5k $792.5k 0.03% Reduced -202 -202
47 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 13,49613.5k $789.6k $789.6k 0.00% Added +775 +775
48 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 13,19913.2k $783.3k $783.3k 0.00% Added +3.3k +3,260
49 AMERICAN NATIONAL BANK & TRUST 0.06% of their portfolio WICHITA FALLS, TX 12,43112.4k $727.2k $727.2k 0.06% Added +388 +388
50 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 12,24812.2k $716.6k $716.6k 0.00% Added +10.9k +10,853
51 LYNCH & ASSOCIATES/IN 0.12% of their portfolio EVANSVILLE, IN 12,03012.0k $703.9k $703.9k 0.12% Added +717 +717
52 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,81011.8k $691.0k $691.0k 0.00% Added +208 +208
53 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 11,47011.5k $671.1k $671.1k 0.01% Added +2.2k +2,245
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,24411.2k $658.0k $658.0k 0.00% Added +1.9k +1,944
55 Mason Investment Advisory Services, Inc. 0.03% of their portfolio RESTON, VA 11,23911.2k $657.6k $657.6k 0.03% New
56 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 11,07311.1k $647.9k $647.9k 0.02% Reduced -175 -175
57 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,91010.9k $638.3k $638.3k 0.00% Added +2.5k +2,494
58 Mosley Wealth Management 0.18% of their portfolio ANAHEIM, CA 9,5699.6k $559.9k $559.9k 0.18% New
59 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,0249.0k $528.0k $528.0k 0.00% New
60 Essex Financial Services, Inc. 0.02% of their portfolio ESSEX, CT 8,5718.6k $501.5k $501.5k 0.02% Reduced -37 -37
61 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 8,5038.5k $497.5k $497.5k 0.01% Reduced -15 -15
62 Jacobs Equity LLC 0.34% of their portfolio DRAPER, UT 8,4318.4k $493.3k $493.3k 0.34% Reduced -142 -142
63 GWN SECURITIES INC. 0.08% of their portfolio Palm Beach Gardens, FL 8,0468.0k $470.7k $470.7k 0.08% Added +1.5k +1,540
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,2177.2k $422.3k $422.3k 0.00% Added +2.4k +2,370
65 KDK Private Wealth Management, LLC 0.32% of their portfolio Houston, TX 6,5566.6k $383.6k $383.6k 0.32% Reduced -437 -437
66 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 6,3776.4k $373.1k $373.1k 0.00% Added +2.1k +2,076
67 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,1956.2k $362.5k $362.5k 0.00% Added +157 +157
68 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 5,9716.0k $349.3k $349.3k 0.01% Added +2.0k +2,001
69 VICUS CAPITAL 0.02% of their portfolio STATE COLLEGE, PA 5,8285.8k $341.0k $341.0k 0.02% New
70 Centennial Wealth Advisory LLC 0.07% of their portfolio Traverse City, MI 5,8125.8k $340.0k $340.0k 0.07% Reduced -39 -39
71 SCS Capital Management LLC 0.00% of their portfolio BOSTON, MA 5,7885.8k $338.7k $338.7k 0.00% Unchanged
72 Elevation Wealth Management LLC 0.25% of their portfolio EDEN PRAIRIE, MN 5,6125.6k $328.3k $328.3k 0.25% New
73 Strengthening Families & Communities, LLC 0.07% of their portfolio BOSTON, MA 5,2405.2k $306.6k $306.6k 0.07% Added +39 +39
74 Signal Advisors Wealth, LLC 0.02% of their portfolio DETROIT, MI 5,1885.2k $303.5k $303.5k 0.02% New
75 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 5,1205.1k $299.6k $299.6k 0.00% New
76 Heck Capital Advisors, LLC 0.02% of their portfolio Rhinelander, WI 5,1085.1k $298.9k $298.9k 0.02% Reduced -3.3k -3,280
77 Robertson Stephens Wealth Management, LLC 0.01% of their portfolio San Francisco, CA 4,8684.9k $284.8k $284.8k 0.01% Unchanged
78 Monte Financial Group, LLC 0.09% of their portfolio GUILFORD, CT 4,8234.8k $274.8k $274.8k 0.09% Added +602 +602
79 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,7564.8k $278.3k $278.3k 0.00% Reduced -3.1k -3,085
80 WEALTHGARDEN F.S. LLC 0.15% of their portfolio EL SEGUNDO, CA 4,6624.7k $272.8k $272.8k 0.15% Reduced -203 -203
81 Targeted Financial Services LLC 0.20% of their portfolio SEMINOLE, FL 4,6154.6k $270.0k $270.0k 0.20% Reduced -214 -214
82 SWEENEY & MICHEL, LLC 0.07% of their portfolio CHICO, CA 4,5024.5k $272.3k $272.3k 0.07% Added +12 +12
83 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,4704.5k $261.6k $261.6k 0.00% Added +743 +743
84 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 4,0384.0k $236.3k $236.3k 0.00% Added +1.8k +1,793
85 Modera Wealth Management, LLC 0.00% of their portfolio WESTWOOD, NJ 3,6913.7k $216.0k $216.0k 0.00% Unchanged
86 Rosenberg Matthew Hamilton 0.04% of their portfolio GRAND JUNCTION, CO 3,5723.6k $209.0k $209.0k 0.04% Unchanged
87 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 3,4193.4k $200.1k $200.1k 0.00% New
88 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 3,1623.2k $185.0k $185.0k 0.01% Added +457 +457
89 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,0413.0k $177.9k $177.9k 0.00% Added +943 +943
90 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,5052.5k $146.6k $146.6k 0.00% Reduced -55 -55
91 Sachetta, LLC 0.06% of their portfolio LYNNFIELD, MA 2,0672.1k $120.9k $120.9k 0.06% Reduced -98 -98
92 Buck Wealth Strategies, LLC 0.01% of their portfolio DENVER, CO 1,5941.6k $93.3k $93.3k 0.01% New
93 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,4201.4k $83.1k $83.1k 0.00% Reduced -452 -452
94 TRUST CO OF VERMONT 0.00% of their portfolio BRATTLEBORO, VT 1,1501.1k $67.3k $67.3k 0.00% First filing
95 CX Institutional 0.00% of their portfolio AUBURN, IN 1,0871.1k $64.0k $64.0k 0.00% Reduced -677 -677
96 Concord Wealth Partners 0.01% of their portfolio ABINGDON, VA 949949 $55.5k $55.5k 0.01% New
97 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 778778 $45.5k $45.5k 0.00% New
98 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 751751 $44.0k $44.0k 0.00% Added +66 +66
99 Kingdom Financial Group LLC. 0.01% of their portfolio PEORIA, AZ 731731 $42.8k $42.8k 0.01% New
100 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 694694 $40.6k $40.6k 0.00% First filing