DaveManuel.com · Institutional Ownership · Who Owns It
FIDELITY COVINGTON TRUST (FDEM)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
82
Reporting holders
$345.8M
Reported value
0.0%
Calls
0.0%
Puts
+4
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| McAdam, LLC | $81.6M | 2,247,221 | 3.15% | 8q | +169.3%+$51.3M |
| COMMONWEALTH EQUITY SERVICES, LLC | $32.7M | 899,844 | 0.04% | 26q | -10.8%-$3.9M |
| Storgate, LLC | $29.4M | 808,490 | 6.09% | 3q | +151.6%+$17.7M |
| RAYMOND JAMES FINANCIAL INC | $20.1M | 553,434 | 0.01% | 3q | -1.1%-$227.3K |
| OSAIC HOLDINGS, INC. | $17.1M | 470,581 | 0.02% | 26q | +114.2%+$9.1M |
| MAI Capital Management | $10.3M | 284,114 | 0.04% | 4q | +3.8%+$374.9K |
| CITADEL ADVISORS LLC | $9.6M | 263,929 | 0.00% | 7q | -12.4%-$1.4M |
| Salus Financial Advisors, LLC | $9.6M | 263,360 | 4.72% | 7q | +2.5%+$232.0K |
| ENVESTNET ASSET MANAGEMENT INC | $9.5M | 261,869 | 0.00% | 9q | +9.7%+$844.9K |
| Clarity Retirement & Wealth, LLC | $9.2M | 254,398 | 6.38% | 3q | +3.9%+$343.8K |
| Advyzon Investment Management, LLC | $9.2M | 253,436 | 0.67% | 2q | +24.1%+$1.8M |
| Kestra Advisory Services, LLC | $8.3M | 227,161 | 0.03% | 11q | +9.3%+$705.3K |
| Landing Point Financial Group, LLC | $7.2M | 198,585 | 2.45% | new | NEW |
| Arkadios Wealth Advisors | $7.1M | 195,868 | 0.11% | 3q | -5.8%-$436.1K |
| Cambridge Investment Research Advisors, Inc. | $6.8M | 187,182 | 0.01% | 11q | +102.8%+$3.4M |
| Cetera Investment Advisers | $6.0M | 164,059 | 0.01% | 5q | -5.5%-$347.5K |
| Smartleaf Asset Management LLC | $5.8M | 160,405 | 0.19% | 4q | HELD |
| Mayfair Advisory Group, LLC | $5.7M | 167,150 | 1.73% | 5q | +14.7%+$737.1K |
| NewEdge Advisors, LLC | $5.2M | 143,837 | 0.02% | 3q | +73.1%+$2.2M |
| PRINCIPAL SECURITIES, INC. | $4.8M | 131,560 | 0.06% | 7q | +44.4%+$1.5M |
| MML INVESTORS SERVICES, LLC | $4.2M | 115,522 | 0.01% | 9q | +19.7%+$691.7K |
| New Insight Wealth Advisors | $3.6M | 98,842 | 1.06% | 9q | +37.7%+$982.4K |
| S Harris Financial Group, LLC | $3.2M | 87,529 | 2.46% | 3q | -0.5%-$16.6K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $3.0M | 83,479 | 0.00% | 6q | -12.2%-$420.5K |
| Vise Technologies, Inc. | $2.8M | 76,736 | 0.03% | new | NEW |
| JANE STREET GROUP, LLC | $2.4M | 65,988 | 0.00% | 5q | -88.3%-$18.2M |
| REDW Wealth LLC | $2.3M | 64,653 | 0.84% | 4q | +16.5%+$332.1K |
| Payne Capital LLC | $2.3M | 64,361 | 1.95% | 4q | HELD |
| OLD MISSION CAPITAL LLC | $2.2M | 59,736 | 0.03% | 3q | -54.8%-$2.6M |
| GOLDMAN SACHS GROUP INC | $2.2M | 59,710 | 0.00% | 2q | -4.0%-$89.4K |
| JPMORGAN CHASE & CO | $2.1M | 58,089 | 0.00% | 9q | +24.0%+$404.2K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $2.1M | 58,010 | 0.00% | 2q | +27.8%+$452.7K |
| SMITH, MOORE & CO. | $1.3M | 34,954 | 0.08% | 2q | +8.8%+$102.8K |
| Farther Finance Advisors, LLC | $1.2M | 32,969 | 0.01% | 11q | -1.4%-$17.2K |
| Cassilly Financial Group LLC | $1.1M | 30,705 | 0.81% | 3q | +23.5%+$212.6K |
| Investmark Advisory Group LLC | $1.1M | 29,667 | 0.41% | 5q | +5.9%+$59.9K |
| BG Investment Services, LLC | $1.1M | 29,235 | 0.76% | 4q | +19.2%+$171.1K |
| Stratos Wealth Advisors, LLC | $1.0M | 28,899 | 0.06% | 7q | -5.2%-$57.6K |
| Merit Financial Group, LLC | $904.0K | 24,883 | 0.01% | 3q | +3.5%+$30.8K |
| IFP Advisors, Inc | $869.9K | 23,945 | 0.02% | 5q | +0.6%+$5.0K |
| FMR LLC | $867.8K | 23,886 | 0.00% | 9q | +29.8%+$199.0K |
| Ashton Thomas Private Wealth, LLC | $812.9K | 22,376 | 0.02% | 3q | -0.8%-$6.7K |
| Arax Advisory Partners | $792.4K | 21,811 | 0.01% | 3q | +114.1%+$422.3K |
| Waverly Advisors, LLC | $577.4K | 15,893 | 0.00% | 2q | HELD |
| DAHRING | CUSMANO LLC | $555.0K | 15,275 | 0.29% | 7q | -2.8%-$15.9K |
| Whipplewood Advisors, LLC | $496.8K | 13,674 | 0.33% | 3q | -5.0%-$26.0K |
| Archer Investment Management, LLC | $480.8K | 13,233 | 0.16% | 4q | -3.2%-$15.7K |
| LPL Financial LLC | $465.6K | 12,816 | 0.00% | new | NEW |
| Cyndeo Wealth Partners, LLC | $414.7K | 11,414 | 0.02% | 3q | HELD |
| Tanager Wealth Management LLP | $390.0K | 10,734 | 0.03% | 3q | HELD |
| AMERIPRISE FINANCIAL INC | $378.4K | 10,415 | 0.00% | 4q | -40.5%-$257.8K |
| SCHMIDT P J INVESTMENT MANAGEMENT INC | $373.2K | 10,272 | 0.06% | 2q | -0.9%-$3.3K |
| Wayfinding Financial, LLC | $347.0K | 9,573 | 0.13% | 5q | -90.9%-$3.5M |
| NATIONAL BANK OF CANADA /FI/ | $321.0K | 8,837 | 0.00% | 3q | +30.2%+$74.4K |
| Steward Partners Investment Advisory, LLC | $291.9K | 8,036 | 0.00% | 5q | -5.7%-$17.7K |
| Odyssey Group, LLC | $268.2K | 7,383 | 0.07% | new | FIRST |
| Intergy Private Wealth, LLC | $258.1K | 7,104 | 0.06% | 4q | HELD |
| Savvy Advisors, Inc. | $252.4K | 6,949 | 0.01% | 3q | -3.5%-$9.2K |
| GTS SECURITIES LLC | $236.5K | 6,509 | 0.00% | new | NEW |
| Prime Capital Investment Advisors, LLC | $226.5K | 6,235 | 0.00% | new | NEW |
| NWAM LLC | $213.9K | 5,888 | 0.01% | new | NEW |
| Spire Wealth Management | $139.9K | 3,851 | 0.00% | 11q | +29.5%+$31.9K |
| HARBOUR INVESTMENTS, INC. | $127.2K | 3,501 | 0.00% | 20q | -10.6%-$15.1K |
| CONSULTIVA WEALTH MANAGEMENT, CORP. | $92.1K | 2,535 | 0.21% | 2q | +106.1%+$47.4K |
| FIFTH THIRD BANCORP | $58.5K | 1,610 | 0.00% | 2q | HELD |
| MORGAN STANLEY | $30.4K | 838 | 0.00% | 11q | HELD |
| Larson Financial Group LLC | $27.5K | 757 | 0.00% | 8q | +1.1% |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $24.6K | 676 | 0.00% | 3q | +186.4%+$16.0K |
| AE Wealth Management LLC | $20.3K | 560 | 0.00% | 5q | -40.2%-$13.7K |
| FIDUCIARY FINANCIAL ADVISORS | $18.1K | 497 | 0.00% | new | NEW |
| Glass Jacobson Investment Advisors llc | $14.7K | 403 | 0.00% | 3q | HELD |
| CoreCap Advisors, LLC | $12.8K | 353 | 0.00% | 8q | -3.6% |
| PNC Financial Services Group, Inc. | $12.0K | 330 | 0.00% | 2q | HELD |
| JONES FINANCIAL COMPANIES LLLP | $11.1K | 310 | 0.00% | new | NEW |
| VANGUARD ADVISERS INC | $7.7K | 212 | 0.00% | 2q | HELD |
| LifeSteps Financial, Inc. | $3.3K | 92 | 0.00% | new | NEW |
| HOWE & RUSLING INC | $1.9K | 52 | 0.00% | 3q | HELD |
| Private Wealth Asset Management, LLC | $1.7K | 47 | 0.00% | new | NEW |
| WELLS FARGO & COMPANY/MN | $7 | none filed | 0.00% | 7q | -100.0% |
| Abound Wealth Management | $5 | none filed | 0.00% | 2q | -100.0% |
| Allworth Financial LP | $2 | none filed | 0.00% | 8q | HELD |
| ROYAL BANK OF CANADA | $0 | 12 | 0.00% | new | NEW |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 23 | $115.4M | 3,246,536 | 4 | 10 | 5 | 0.0% |
| Q2 2026 | 82 | $345.8M | 9,529,344 | 11 | 31 | 26 | 0.0% |
| Q1 2026 | 78 | $245.6M | 7,786,386 | 14 | 37 | 16 | 0.0% |
| Q4 2025 | 71 | $230.1M | 7,448,221 | 20 | 24 | 9 | 0.0% |
| Q3 2025 | 51 | $127.6M | 4,238,185 | 10 | 25 | 5 | 0.0% |
| Q2 2025 | 47 | $87.3M | 3,128,070 | 13 | 19 | 9 | 0.0% |
| Q1 2025 | 38 | $75.1M | 2,938,156 | 5 | 21 | 6 | 0.0% |
| Q4 2024 | 40 | $54.4M | 2,156,096 | 11 | 18 | 3 | 0.0% |
| Q3 2024 | 28 | $32.3M | 1,193,573 | 9 | 13 | 5 | 0.0% |
| Q2 2024 | 24 | $31.3M | 1,224,505 | 8 | 8 | 6 | 0.0% |
| Q1 2024 | 16 | $22.7M | 916,921 | 1 | 9 | 4 | 0.0% |
| Q4 2023 | 18 | $11.9M | 497,208 | 6 | 5 | 4 | 0.0% |
| Q3 2023 | 12 | $9.6M | 431,377 | 1 | 6 | 3 | 0.0% |
| Q2 2023 | 12 | $11.2M | 503,358 | 4 | 4 | 3 | 0.0% |
| Q1 2023 | 10 | $8.2M | 345,611 | 2 | 2 | 6 | 0.0% |
| Q4 2022 | 11 | $9.2M | 410,912 | 3 | 4 | 3 | 0.0% |
| Q3 2022 | 9 | $10.7M | 542,664 | 1 | 4 | 1 | 0.0% |
| Q2 2022 | 10 | $11.8M | 544,004 | 3 | 3 | 2 | 0.0% |
| Q1 2022 | 7 | $77.8M | 3,176,606 | 1 | 3 | 0 | 0.0% |
| Q4 2021 | 9 | $76.6M | 2,985,382 | 0 | 4 | 2 | 0.0% |
| Q3 2021 | 9 | $76.7M | 2,962,029 | 2 | 3 | 4 | 0.0% |
| Q2 2021 | 7 | $5.3M | 185,469 | 3 | 1 | 2 | 0.0% |
| Q1 2021 | 5 | $5.8M | 212,037 | 3 | 2 | 0 | 0.0% |
| Q4 2020 | 2 | $1.5M | 56,489 | 0 | 1 | 1 | 0.0% |
| Q3 2020 | 3 | $2.7M | 115,338 | 0 | 2 | 1 | 0.0% |
| Q2 2020 | 5 | $2.5M | 115,640 | 2 | 2 | 1 | 0.0% |
| Q1 2020 | 5 | $2.4M | 123,779 | 2 | 0 | 2 | 0.0% |
| Q4 2019 | 4 | $5.1M | 198,797 | 2 | 1 | 1 | 0.0% |
| Q3 2019 | 3 | $5.5M | 230,572 | 3 | 0 | 0 | 0.0% |
| Q2 2019 | 2 | $6.4M | 256,863 | 0 | 1 | 1 | 0.0% |
| Q1 2019 | 2 | $8.7M | 348,091 | 2 | 0 | 0 | 0.0% |