Vault-13

FIDELITY COVINGTON TRUST FMDE

ENHANCED MID · ETP · CUSIP 31609A503

286 institutional holders +25 vs Q1 2026
123,786,556123.8m shares reported held*
$5.1bnreported value*
47 new 158 added 48 reduced 21 sold out net bought ≈ $884.5m (+21.7m 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. Holder counts are more reliable. Implied quarter-end price ≈ $41.57. Options: 1 managers hold calls ($16.0k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q4 23: 74Q1 24: 91Q2 24: 92Q3 24: 95Q4 24: 123Q1 25: 135Q2 25: 161Q3 25: 192Q4 25: 243Q1 26: 261Q2 26: 286286Q4 23Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202374
Q1 202491
Q2 202492
Q3 202495
Q4 2024123
Q1 2025135
Q2 2025161
Q3 2025192
Q4 2025243
Q1 2026261
Q2 2026286

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 62 bought or addedQ3 24: 25 cut or sold outQ4 24: 71 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 91 bought or addedQ1 25: 28 cut or sold outQ2 25: 116 bought or addedQ2 25: 33 cut or sold outQ2 25Q3 25: 143 bought or addedQ3 25: 34 cut or sold outQ4 25: 160 bought or addedQ4 25: 45 cut or sold outQ4 25Q1 26: 184 bought or addedQ1 26: 64 cut or sold outQ2 26: 205 bought or addedQ2 26: 69 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246225
Q4 20247130
Q1 20259128
Q2 202511633
Q3 202514334
Q4 202516045
Q1 202618464
Q2 202620569

Calls vs puts

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

CallsPuts
$0$5k$10k$15k$20kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $3.7kQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $16.0kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$3.7k$00.00
Q2 2026$16.0k$00.00

Biggest buyers

Advance Capital Management, Inc. New +3,252,118+3.3m
WELLS FARGO & COMPANY/MN Added +3,124,226+3.1m
CITADEL ADVISORS LLC New +2,926,269+2.9m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +2,237,336+2.2m
Cetera Investment Advisers Added +895,487+895.5k
OSAIC HOLDINGS, INC. Added +701,693+701.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +677,696+677.7k
LPL Financial LLC Added +638,320+638.3k
Kendall Capital Management Added +634,823+634.8k
MORGAN STANLEY Added +566,951+567.0k

Biggest sellers

Kestra Advisory Services, LLC Reduced -207,089-207.1k
Waterway Wealth Management, LLC Reduced -174,565-174.6k
JANE STREET GROUP, LLC Sold out -173,874-173.9k
MOTCO Sold out -109,509-109.5k
Private Advisor Group, LLC Reduced -92,466-92.5k
Farther Finance Advisors, LLC Reduced -78,925-78.9k
Noble Wealth Management PBC Reduced -75,684-75.7k
Independent Advisor Alliance Sold out -57,268-57.3k
Snider Financial Group Reduced -51,621-51.6k
LongView Wealth Management Reduced -45,899-45.9k

Biggest calls

SIMPLEX TRADING, LLC Added $16.0k400 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 WELLS FARGO & COMPANY/MN 0.17% of their portfolio SAN FRANCISCO, CA 24,055,13824.1m $976.2m $976.2m 0.17% Added +3.1m +3,124,226
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.29% of their portfolio MILWAUKEE, WI 13,272,88013.3m $538.6m $538.6m 0.29% Added +2.2m +2,237,336
3 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 12,567,70712.6m $509.9m $509.9m 0.10% Added +377.4k +377,398
4 FMR LLC 0.02% of their portfolio BOSTON, MA 10,273,20110.3m $416.9m $416.9m 0.02% Added +474.6k +474,642
5 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 6,411,0576.4m $260.2m $260.2m 0.06% Added +638.3k +638,320
6 COMMONWEALTH EQUITY SERVICES, LLC 0.20% of their portfolio WALTHAM, MA 3,848,9413.8m $156.2m $156.2m 0.20% Added +677.7k +677,696
7 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 3,835,0223.8m $155.6m $155.6m 0.04% Added +458.0k +458,004
8 Advance Capital Management, Inc. 4.27% of their portfolio SOUTHFIELD, MI 3,252,1183.3m $132.0m $132.0m 4.27% New
9 HUNTINGTON NATIONAL BANK 0.60% of their portfolio COLUMBUS, OH 3,033,0263.0m $123.1m $123.1m 0.60% Added +120.6k +120,641
10 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 2,938,7012.9m $119.3m $119.3m 0.11% Added +895.5k +895,487
11 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 2,926,2692.9m $118.7m $118.7m 0.07% New
12 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 2,682,0062.7m $108.9m $108.9m 0.13% Added +701.7k +701,693
13 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,983,1612.0m $80.5m $80.5m 0.02% Added +171.7k +171,715
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,882,6951.9m $76.4m $76.4m 0.00% Added +567.0k +566,951
15 Capital Analysts, LLC 1.74% of their portfolio FORT WASHINGTON, PA 1,862,9591.9m $75.6m $75.6m 1.74% Added +23.5k +23,483
16 Kestra Advisory Services, LLC 0.22% of their portfolio AUSTIN, TX 1,694,7471.7m $68.8m $68.8m 0.22% Reduced -207.1k -207,089
17 Richard P Slaughter Associates Inc 11.41% of their portfolio AUSTIN, TX 1,417,4431.4m $57.5m $57.5m 11.41% Added +117.7k +117,690
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,300,2231.3m $52.8m $52.8m 0.01% Added +235.8k +235,765
19 Madison Wealth Partners, Inc 6.70% of their portfolio MADISON, WI 1,298,3331.3m $52.7m $52.7m 6.70% Added +72.2k +72,198
20 GW HENSSLER & ASSOCIATES LTD 2.19% of their portfolio KENNESAW, GA 1,211,1131.2m $49.1m $49.1m 2.19% Added +31.5k +31,460
21 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 1,083,1461.1m $44.0m $44.0m 0.09% Added +237.6k +237,565
22 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 986,598986.6k $40.0m $40.0m 0.05% Added +516.7k +516,685
23 KFG WEALTH MANAGEMENT, LLC 4.34% of their portfolio GRANGER, IN 947,794947.8k $38.5m $38.5m 4.34% Added +53.2k +53,176
24 McNamara Financial Services, Inc. 5.41% of their portfolio MARSHFIELD, MA 773,260773.3k $31.4m $31.4m 5.41% Added +4.2k +4,229
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 740,187740.2k $30.0m $30.0m 0.00% Added +108.7k +108,656
26 Lifelong Wealth Advisors, Inc. 7.04% of their portfolio Arden Hills, MN 736,675736.7k $29.9m $29.9m 7.04% Reduced -24.9k -24,893
27 Kendall Capital Management 4.51% of their portfolio ROCKVILLE, MD 666,866666.9k $27.1m $27.1m 4.51% Added +634.8k +634,823
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 662,335662.3k $26.9m $26.9m 0.00% Added +94.3k +94,348
29 ADAMSBROWN WEALTH CONSULTANTS LLC 4.79% of their portfolio WICHITA, KS 625,634625.6k $25.4m $25.4m 4.79% Added +24.1k +24,145
30 Summit Financial Wealth Advisors, LLC 3.01% of their portfolio Lafayette, LA 579,236579.2k $23.5m $23.5m 3.01% Added +27.5k +27,478
31 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 577,180577.2k $23.4m $23.4m 0.14% Added +161.2k +161,154
32 Retirement Management Systems Inc. 4.68% of their portfolio STEVENSVILLE, MD 562,734562.7k $22.8m $22.8m 4.68% Added +33.2k +33,227
33 Duncan Williams Asset Management, LLC 4.88% of their portfolio MEMPHIS, TN 533,933533.9k $21.7m $21.7m 4.88% New
34 Tyche Wealth Partners LLC 3.04% of their portfolio PLANO, TX 532,786532.8k $21.6m $21.6m 3.04% Reduced -4.0k -4,029
35 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 499,800499.8k $20.3m $20.3m 0.02% New
36 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 4.57% of their portfolio HIGHLAND PARK, IL 446,041446.0k $18.1m $18.1m 4.57% Added +19.9k +19,911
37 Merit Financial Group, LLC 0.11% of their portfolio ALPHARETTA, GA 435,269435.3k $17.7m $17.7m 0.11% Added +44.1k +44,113
38 Mayfair Advisory Group, LLC 5.27% of their portfolio BIRMINGHAM, AL 430,650430.6k $17.5m $17.5m 5.27% Added +35.1k +35,096
39 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 405,636405.6k $16.5m $16.5m 0.02% Added +211.6k +211,615
40 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 387,191387.2k $15.7m $15.7m 0.02% Added +24.4k +24,378
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 383,709383.7k $15.6m $15.6m 0.00% Added +71.2k +71,201
42 ELEVATION POINT WEALTH PARTNERS, LLC 0.28% of their portfolio DENVER, CO 374,896374.9k $15.2m $15.2m 0.28% New
43 Parkside Investments, LLC 1.50% of their portfolio DEERFIELD, IL 333,931333.9k $13.6m $13.6m 1.50% Reduced -22.5k -22,540
44 STALEY CAPITAL ADVISERS INC 0.50% of their portfolio PITTSBURGH, PA 313,865313.9k $12.7m $12.7m 0.50% Added +4.0k +4,000
45 Serenity Investment Advisors 5.53% of their portfolio CHICAGO, IL 307,968308.0k $13.0m $13.0m 5.53% Added +21.9k +21,912
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 298,529298.5k $12.1m $12.1m 0.02% Added +135.8k +135,782
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 296,461296.5k $12.0m $12.0m 0.00% Added +6.6k +6,554
48 Redhawk Wealth Advisors, Inc. 1.13% of their portfolio MINNEAPOLIS, MN 281,464281.5k $11.4m $11.4m 1.13% New
49 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 272,921272.9k $11.1m $11.1m 0.05% Reduced -92.5k -92,466
50 Prosperity Consulting Group, LLC 0.39% of their portfolio OWINGS MILLS, MD 256,762256.8k $10.4m $10.4m 0.39% Reduced -29.8k -29,760
51 LEVEL FOUR ADVISORY SERVICES, LLC 0.29% of their portfolio DALLAS, TX 255,337255.3k $10.4m $10.4m 0.29% Added +1.5k +1,523
52 Armor Investment Advisors, LLC 3.14% of their portfolio RALEIGH, NC 241,066241.1k $9.8m $9.8m 3.14% Reduced -31.4k -31,427
53 Waterway Wealth Management, LLC 1.71% of their portfolio THE WOODLANDS, TX 229,205229.2k $8.4m $8.4m 1.71% Reduced -174.6k -174,565
54 Base Wealth Management LLC 4.25% of their portfolio LAKEWOOD RANCH, FL 225,308225.3k $9.1m $9.1m 4.25% Added +5.5k +5,531
55 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 224,605224.6k $9.1m $9.1m 0.04% Added +36.6k +36,633
56 MGO ONE SEVEN LLC 0.14% of their portfolio Beachwood, OH 208,652208.7k $8.5m $8.5m 0.14% Added +8.5k +8,549
57 AdvisorNet Financial, Inc 0.38% of their portfolio MINNETONKA, MN 206,776206.8k $8.4m $8.4m 0.38% Added +24.1k +24,122
58 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 203,465203.5k $8.3m $8.3m 0.01% Added +124.4k +124,391
59 Strata Wealth Advisors, LLC 2.01% of their portfolio DALLAS, TX 202,799202.8k $8.2m $8.2m 2.01% Added +40.0k +40,028
60 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 199,337199.3k $8.1m $8.1m 0.02% Added +2.1k +2,135
61 Aspen Wealth Strategies, LLC 3.86% of their portfolio ARVADA, CO 196,721196.7k $8.0m $8.0m 3.86% Added +4.1k +4,076
62 Provident Wealth Management, LLC 2.04% of their portfolio BRENTWOOD, TN 195,648195.6k $7.9m $7.9m 2.04% New
63 Broadway Wealth Solutions, Inc. 3.57% of their portfolio San Antonio, TX 188,440188.4k $7.6m $7.6m 3.57% Added +8.0k +8,018
64 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 176,121176.1k $7.1m $7.1m 0.04% Added +29.7k +29,680
65 Sound Portfolio Advisors, LLC 4.33% of their portfolio MYSTIC, CT 150,403150.4k $6.1m $6.1m 4.33% Added +28.5k +28,528
66 First Heartland Consultants, Inc. 0.38% of their portfolio LAKE ST. LOUIS, MO 145,203145.2k $5.9m $5.9m 0.38% Added +8.7k +8,737
67 FLYNN ZITO CAPITAL MANAGEMENT, LLC 1.47% of their portfolio GARDEN CITY, NY 133,390133.4k $5.4m $5.4m 1.47% Added +72.1k +72,074
68 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 132,196132.2k $5.4m $5.4m 0.03% Reduced -23.4k -23,440
69 BARNES PETTEY FINANCIAL ADVISORS, LLC 1.68% of their portfolio CLARKSDALE, MS 132,122132.1k $5.4m $5.4m 1.68% Added +35.5k +35,524
70 IAG Wealth Partners, LLC 0.49% of their portfolio WAUKESHA, WI 121,125121.1k $4.9m $4.9m 0.49% Reduced -1.7k -1,732
71 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 114,544114.5k $4.6m $4.6m 0.09% Added +8.9k +8,886
72 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 106,412106.4k $4.3m $4.3m 0.02% Added +31.8k +31,796
73 Founders Financial Alliance, LLC 0.57% of their portfolio RALEIGH, NC 105,643105.6k $4.3m $4.3m 0.57% Added +2.4k +2,412
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 105,548105.5k $4.3m $4.3m 0.00% Added +69.5k +69,546
75 VALLEY NATIONAL ADVISERS INC 0.48% of their portfolio BETHLEHEM, PA 105,485105.5k $4.3m $4.3m 0.48% Reduced -7.8k -7,841
76 GREATMARK INVESTMENT PARTNERS, INC. 0.47% of their portfolio COLUMBUS, GA 105,130105.1k $4.3m $4.3m 0.47% New
77 HB Wealth Management, LLC 0.02% of their portfolio Atlanta, GA 103,823103.8k $4.2m $4.2m 0.02% New
78 PFG Advisors 0.21% of their portfolio Phoenix, AZ 103,348103.3k $4.2m $4.2m 0.21% Reduced -42 -42
79 INVESTMENT ADVISORY SERVICES INC /TX /ADV 1.19% of their portfolio THE WOODLANDS, TX 101,609101.6k $4.1m $4.1m 1.19% Added +27.2k +27,202
80 LYNCH & ASSOCIATES/IN 0.72% of their portfolio EVANSVILLE, IN 101,115101.1k $4.1m $4.1m 0.72% Added +9.0k +9,008
81 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 98,48098.5k $4.0m $4.0m 0.01% Added +13.3k +13,275
82 Andrews Advisory Associates, LLC 1.85% of their portfolio HONOLULU, HI 95,03495.0k $3.9m $3.9m 1.85% Added +20.7k +20,719
83 TD PRIVATE CLIENT WEALTH LLC 0.07% of their portfolio NEW YORK, NY 92,93892.9k $3.8m $3.8m 0.07% Added +58.4k +58,396
84 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 92,55792.6k $3.8m $3.8m 0.04% Added +1.1k +1,126
85 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 89,16589.2k $3.6m $3.6m 0.00% Added +88.1k +88,076
86 FMA Wealth Management, LLC 2.27% of their portfolio DUXBURY, MA 87,46187.5k $3.5m $3.5m 2.27% Reduced -1.1k -1,091
87 Pinnacle Financial Partners, Inc. 0.02% of their portfolio ATLANTA, GA 86,87686.9k $3.5m $3.5m 0.02% Added +7.9k +7,930
88 INDEPENDENT FINANCIAL GROUP, LLC 0.06% of their portfolio SAN DIEGO, CA 84,86784.9k $3.4m $3.4m 0.06% Reduced -5.8k -5,817
89 Cornerstone Wealth, LLC/TN 1.72% of their portfolio GREENEVILLE, TN 83,92983.9k $3.4m $3.4m 1.72% Added +7.9k +7,859
90 SUMMIT WEALTH GROUP LLC / CO 0.28% of their portfolio COLORADO SPRINGS, CO 82,72582.7k $3.4m $3.4m 0.28% Added +42 +42
91 Cornell Pochily Investment Advisors, Inc. 0.86% of their portfolio ITHACA, NY 78,94478.9k $3.2m $3.2m 0.86% Added +8.4k +8,430
92 FIFTH THIRD BANCORP 0.01% of their portfolio CINCINNATI, OH 78,83978.8k $3.2m $3.2m 0.01% Added +1.4k +1,409
93 Tower Research Capital LLC (TRC) 0.08% of their portfolio NEW YORK, NY 78,64978.6k $3.2m $3.2m 0.08% Added +67.7k +67,739
94 Clearwave Capital, LLC 1.67% of their portfolio UPLAND, CA 74,62074.6k $3.0m $3.0m 1.67% Added +11.4k +11,445
95 BG Investment Services, LLC 2.07% of their portfolio HAGATNA, GU 70,86170.9k $2.9m $2.9m 2.07% Added +6.7k +6,726
96 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 69,95870.0k $2.8m $2.8m 0.02% Reduced -1.3k -1,312
97 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 68,82668.8k $2.8m $2.8m 0.06% Added +11.1k +11,073
98 UPTICK PARTNERS, LLC 0.43% of their portfolio NACOGDOCHES, TX 68,29068.3k $2.8m $2.8m 0.43% Added +5.0k +4,957
99 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 67,31967.3k $2.7m $2.7m 0.04% Reduced -3.2k -3,206
100 CENTAURUS FINANCIAL, INC. 0.11% of their portfolio ANAHEIM, CA 66,49166.5k $2.7m $2.7m 0.11% Added +1.8k +1,809