Vault-13

FIDELITY COVINGTON TRUST FMDE

ENHANCED MID · ETP · CUSIP 31609A503

161 institutional holders +26 vs Q1 2025
30,837,40930.8m shares reported held*
$1.1bnreported value*
38 new 78 added 20 reduced 13 sold out net bought ≈ $133.2m (+3.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $37.10.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q4 23: 74Q1 24: 91Q2 24: 92Q3 24: 95Q4 24: 123Q1 25: 135Q2 25: 161161Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202374
Q1 202491
Q2 202492
Q3 202495
Q4 2024123
Q1 2025135
Q2 2025161

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: 26 cut or sold outQ1 24Q2 24: 60 bought or addedQ2 24: 29 cut or sold outQ2 24Q3 24: 62 bought or addedQ3 24: 25 cut or sold outQ3 24Q4 24: 71 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 91 bought or addedQ1 25: 28 cut or sold outQ1 25Q2 25: 116 bought or addedQ2 25: 33 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245926
Q2 20246029
Q3 20246225
Q4 20247130
Q1 20259128
Q2 202511633

Biggest buyers

LPL Financial LLC Added +1,523,325+1.5m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +1,196,174+1.2m
WELLS FARGO & COMPANY/MN Added +1,116,920+1.1m
RAYMOND JAMES FINANCIAL INC Added +392,582+392.6k
MML INVESTORS SERVICES, LLC Added +312,997+313.0k
Kestra Advisory Services, LLC Added +231,477+231.5k
Cetera Investment Advisers Added +201,471+201.5k
Richard P Slaughter Associates Inc Added +182,558+182.6k
Broadway Wealth Solutions, Inc. New +148,955+149.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +146,984+147.0k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -2,544,393-2.5m
Demars Financial Group, LLC Reduced -495,659-495.7k
Stratos Investment Management, LLC Sold out -234,037-234.0k
Capital Analysts, LLC Reduced -125,897-125.9k
Proficio Capital Partners LLC Reduced -66,350-66.3k
GREAT VALLEY ADVISOR GROUP, INC. Sold out -63,677-63.7k
Stratos Wealth Advisors, LLC Sold out -44,638-44.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -34,172-34.2k
ROYAL BANK OF CANADA Reduced -29,476-29.5k
Rockefeller Capital Management L.P. Sold out -15,288-15.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 9,260,4339.3m $318.7m $318.7m 0.02% Added +22.8k +22,804
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,605,6532.6m $89.7m $89.7m 0.03% Added +1.5m +1,523,325
3 HUNTINGTON NATIONAL BANK 0.54% of their portfolio COLUMBUS, OH 2,409,1832.4m $82.9m $82.9m 0.54% Added +84.5k +84,549
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 2,312,2102.3m $79.6m $79.6m 0.06% Added +1.2m +1,196,174
5 Capital Analysts, LLC 2.02% of their portfolio FORT WASHINGTON, PA 1,760,7331.8m $60.6m $60.6m 2.02% Reduced -125.9k -125,897
6 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 1,680,0011.7m $57.8m $57.8m 0.10% Added +139.9k +139,859
7 Richard P Slaughter Associates Inc 9.35% of their portfolio AUSTIN, TX 1,331,8431.3m $45.8m $45.8m 9.35% Added +182.6k +182,558
8 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 1,267,6681.3m $43.6m $43.6m 0.06% Added +147.0k +146,984
9 Kestra Advisory Services, LLC 0.21% of their portfolio AUSTIN, TX 1,223,4071.2m $42.1m $42.1m 0.21% Added +231.5k +231,477
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,126,4141.1m $38.8m $38.8m 0.01% Added +1.1m +1,116,920
11 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 984,956985.0k $33.9m $33.9m 0.01% Added +392.6k +392,582
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 645,621645.6k $22.2m $22.2m 0.01% Reduced -34.2k -34,172
13 KFG WEALTH MANAGEMENT, LLC 2.81% of their portfolio GRANGER, IN 507,680507.7k $17.5m $17.5m 2.81% Added +43.0k +42,984
14 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 447,828447.8k $15.4m $15.4m 0.04% Added +313.0k +312,997
15 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 446,409446.4k $15.4m $15.4m 0.03% Added +201.5k +201,471
16 Parkside Investments, LLC 2.06% of their portfolio DEERFIELD, IL 440,337440.3k $15.2m $15.2m 2.06% Added +2.0k +1,991
17 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 269,332269.3k $9.3m $9.3m 0.03% Added +87.6k +87,585
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 231,266231.3k $8.0m $8.0m 0.00% Added +12.7k +12,728
19 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 209,603209.6k $7.2m $7.2m 0.04% Added +131.0k +131,049
20 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 190,850190.8k $6.6m $6.6m 0.07% Added +7.4k +7,403
21 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 185,953186.0k $6.4m $6.4m 0.03% Reduced -2.3k -2,292
22 Aspen Wealth Strategies, LLC 3.65% of their portfolio ARVADA, CO 175,932175.9k $6.1m $6.1m 3.65% Added +34 +34
23 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 172,540172.5k $5.9m $5.9m 0.13% Added +57.5k +57,452
24 STALEY CAPITAL ADVISERS INC 0.23% of their portfolio PITTSBURGH, PA 153,875153.9k $5.3m $5.3m 0.23% Added +24.6k +24,600
25 Broadway Wealth Solutions, Inc. 3.19% of their portfolio San Antonio, TX 148,955149.0k $5.1m $5.1m 3.19% New
26 AdvisorNet Financial, Inc 0.32% of their portfolio MINNETONKA, MN 144,809144.8k $5.0m $5.0m 0.32% Added +23.0k +22,975
27 LongView Wealth Management 1.44% of their portfolio ATLANTA, GA 138,016138.0k $4.7m $4.7m 1.44% Reduced -5.8k -5,835
28 MGO ONE SEVEN LLC 0.14% of their portfolio Beachwood, OH 129,878129.9k $4.5m $4.5m 0.14% Added +75.0k +75,002
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 122,880122.9k $4.2m $4.2m 0.00% Added +45.0k +44,985
30 SUMMIT WEALTH GROUP LLC / CO 0.84% of their portfolio COLORADO SPRINGS, CO 97,56897.6k $3.4m $3.4m 0.84% First filing
31 PFG Advisors 0.15% of their portfolio Phoenix, AZ 97,02097.0k $3.3m $3.3m 0.15% Added +27.3k +27,341
32 IAG Wealth Partners, LLC 0.44% of their portfolio WAUKESHA, WI 96,47996.5k $3.3m $3.3m 0.44% Added +18.3k +18,289
33 Mayfair Advisory Group, LLC 1.44% of their portfolio BIRMINGHAM, AL 88,11988.1k $3.1m $3.1m 1.44% New
34 FMA Wealth Management, LLC 2.23% of their portfolio DUXBURY, MA 87,41287.4k $3.0m $3.0m 2.23% Added +1.3k +1,254
35 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 81,67381.7k $2.8m $2.8m 0.02% Added +292 +292
36 First Heartland Consultants, Inc. 0.24% of their portfolio LAKE ST. LOUIS, MO 79,45279.5k $2.7m $2.7m 0.24% Added +27.4k +27,418
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 69,87769.9k $2.4m $2.4m 0.00% Added +13.2k +13,197
38 Strata Wealth Advisors, LLC 0.63% of their portfolio DALLAS, TX 66,07966.1k $2.3m $2.3m 0.63% New
39 MOTCO 0.22% of their portfolio SAN ANTONIO, TX 65,57265.6k $2.3m $2.3m 0.22% New
40 InTrack Investment Management Inc 1.43% of their portfolio SOUTH BURLINGTON, VT 61,67661.7k $2.1m $2.1m 1.43% Added +54.6k +54,572
41 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 58,34258.3k $2.0m $2.0m 0.01% Reduced -23 -23
42 LYNCH & ASSOCIATES/IN 0.36% of their portfolio EVANSVILLE, IN 52,05052.0k $1.8m $1.8m 0.36% Added +10.8k +10,782
43 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 51,50551.5k $1.8m $1.8m 0.00% Added +6.0k +6,000
44 HANCOCK WHITNEY CORP 0.03% of their portfolio GULFPORT, MS 50,75050.8k $1.7m $1.7m 0.03% Unchanged
45 GWN SECURITIES INC. 0.30% of their portfolio Palm Beach Gardens, FL 46,57346.6k $1.6m $1.6m 0.30% Added +26.0k +26,030
46 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 44,67844.7k $1.5m $1.5m 0.01% Added +19.6k +19,587
47 Cornerstone Wealth Management, LLC 0.09% of their portfolio ST. PETERS, MO 40,79840.8k $1.4m $1.4m 0.09% Added +451 +451
48 Fifth Third Securities, Inc. 0.11% of their portfolio Cincinnati, OH 40,75040.8k $1.4m $1.4m 0.11% Added +480 +480
49 OmniStar Financial Group, Inc. 1.05% of their portfolio Wilmington, NC 40,68440.7k $1.4m $1.4m 1.05% Added +660 +660
50 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 38,93238.9k $1.3m $1.3m 0.01% Added +3.9k +3,946
51 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 38,80038.8k $1.3m $1.3m 0.01% Added +3.6k +3,554
52 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 38,50538.5k $1.3m $1.3m 0.02% New
53 Certified Advisory Corp 0.14% of their portfolio ALTAMONTE SPRINGS, FL 38,04138.0k $1.3m $1.3m 0.14% Reduced -1.1k -1,068
54 BG Investment Services, LLC 1.62% of their portfolio HAGATNA, GU 37,55737.6k $1.3m $1.3m 1.62% Reduced -7.0k -7,013
55 SYNOVUS FINANCIAL CORP 0.02% of their portfolio Columbus, GA 37,17837.2k $1.3m $1.3m 0.02% New
56 IFG Advisory, LLC 0.06% of their portfolio ATLANTA, GA 35,18335.2k $1.2m $1.2m 0.06% Added +28.7k +28,716
57 MCRAE CAPITAL MANAGEMENT INC 0.22% of their portfolio Morristown, NJ 31,73731.7k $1.1m $1.1m 0.22% New
58 Belpointe Asset Management LLC 0.05% of their portfolio RENO, NV 31,57631.6k $1.1m $1.1m 0.05% Added +76 +76
59 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 29,96630.0k $1.0m $1.0m 0.00% Reduced -29.5k -29,476
60 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,20128.2k $970.5k $970.5k 0.00% New
61 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,47927.5k $945.7k $945.7k 0.00% Added +2.6k +2,601
62 Evergreen Private Wealth LLC 0.38% of their portfolio GREENWOOD VILLAGE, CO 26,29326.3k $904.9k $904.9k 0.38% Reduced -2.6k -2,627
63 CREATIVE FINANCIAL DESIGNS INC /ADV 0.06% of their portfolio KOKOMO, IN 25,02825.0k $861.3k $861.3k 0.06% Added +8.3k +8,288
64 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 24,56324.6k $845.3k $845.3k 0.02% Added +79 +79
65 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 23,43923.4k $806.6k $806.6k 0.00% Added +890 +890
66 INVESTMENT ADVISORY SERVICES INC /TX /ADV 0.26% of their portfolio THE WOODLANDS, TX 22,91322.9k $788.6k $788.6k 0.26% New
67 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 21,82821.8k $760.1k $760.1k 0.04% Added +66 +66
68 Evanson Asset Management, LLC 0.05% of their portfolio CARMEL, CA 21,38421.4k $735.9k $735.9k 0.05% Added +68 +68
69 Armor Investment Advisors, LLC 0.28% of their portfolio RALEIGH, NC 21,35421.4k $734.9k $734.9k 0.28% New
70 Sunbelt Securities, Inc. 0.06% of their portfolio HOUSTON, TX 20,57920.6k $676.0k $676.0k 0.06% Added +60 +60
71 Harbor Asset Planning, Inc. 0.63% of their portfolio BELMONT, MA 19,26719.3k $663.0k $663.0k 0.63% First filing
72 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 18,37518.4k $632.4k $632.4k 0.00% Added +3.2k +3,206
73 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,58817.6k $605.3k $605.3k 0.00% Added +3.9k +3,924
74 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 17,14217.1k $589.9k $589.9k 0.00% Added +38 +38
75 TWIN FOCUS CAPITAL PARTNERS, LLC 0.08% of their portfolio Boston, MA 16,54616.5k $569.4k $569.4k 0.08% Unchanged
76 Traynor Capital Management, Inc. 0.04% of their portfolio MALVERN, PA 16,39216.4k $567.7k $567.7k 0.04% Added +33 +33
77 Demars Financial Group, LLC 0.22% of their portfolio SPOKANE VALLEY, WA 16,38716.4k $564.0k $564.0k 0.22% Reduced -495.7k -495,659
78 Glenmede Investment Management, LP 0.00% of their portfolio PHILADELPHIA, PA 16,27416.3k $560.1k $560.1k 0.00% First filing
79 ELEVATION POINT WEALTH PARTNERS, LLC 0.04% of their portfolio DENVER, CO 15,92815.9k $548.2k $548.2k 0.04% New
80 Geneva Partners, LLC 0.21% of their portfolio LAKE GENEVA, WI 15,32215.3k $527.3k $527.3k 0.21% New
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,89414.9k $512.6k $512.6k 0.00% Added +2.6k +2,602
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 14,56114.6k $507.7k $507.7k 0.00% Added +4.4k +4,422
83 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 14,31014.3k $492.5k $492.5k 0.03% New
84 Net Worth Advisory Group 0.10% of their portfolio SANDY, UT 12,92312.9k $444.7k $444.7k 0.10% New
85 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 12,73112.7k $438.1k $438.1k 0.01% Added +244 +244
86 Breakwater Capital Group 0.07% of their portfolio PARAMUS, NJ 11,88911.9k $409.1k $409.1k 0.07% Reduced -395 -395
87 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 11,73411.7k $403.8k $403.8k 0.01% Added +289 +289
88 Betterment LLC 0.00% of their portfolio NEW YORK, NY 11,25911.3k $387.0k $387.0k 0.00% New
89 RWA WEALTH PARTNERS, LLC 0.00% of their portfolio BOSTON, MA 11,13311.1k $383.1k $383.1k 0.00% Added +36 +36
90 Madison Wealth Partners, Inc 0.08% of their portfolio MADISON, WI 11,09711.1k $381.9k $381.9k 0.08% New
91 Smithfield Trust Co 0.02% of their portfolio PITTSBURGH, PA 10,71510.7k $368.0k $368.0k 0.02% Added +3.5k +3,500
92 Proficio Capital Partners LLC 0.02% of their portfolio NEWTON, MA 10,69510.7k $368.1k $368.1k 0.02% Reduced -66.3k -66,350
93 Fermata Advisors, LLC 0.10% of their portfolio SONOMA, CA 10,59510.6k $364.6k $364.6k 0.10% New
94 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 10,57410.6k $363.9k $363.9k 0.00% New
95 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 10,25610.3k $353.0k $353.0k 0.01% Reduced -3.3k -3,261
96 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 10,20410.2k $351.2k $351.2k 0.02% Added +982 +982
97 Benin Management CORP 0.09% of their portfolio Redding, CT 10,03310.0k $345.3k $345.3k 0.09% Unchanged
98 Argent Trust Co 0.01% of their portfolio NASHVILLE, TN 9,4339.4k $324.6k $324.6k 0.01% New
99 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 9,2769.3k $319.2k $319.2k 0.01% First filing
100 Dynamic Financial Group 0.30% of their portfolio Cedar Falls, IA 9,0699.1k $312.1k $312.1k 0.30% Added +236 +236