DaveManuel.com · Institutional Ownership · Who Owns It
FIDELITY COVINGTON TRUST (FESM)
Institutional ownership reported to the SEC as of Q2 2026, across 12 quarters.
259
Reporting holders
$4.6B
Reported value
0.0%
Calls
0.0%
Puts
+48
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 |
|---|---|---|---|---|---|
| FMR LLC | $1.2B | 24,935,805 | 0.05% | 11q | -7.6%-$99.1M |
| AMERIPRISE FINANCIAL INC | $382.7M | 7,917,913 | 0.08% | 4q | +31.2%+$91.1M |
| LPL Financial LLC | $299.0M | 6,191,824 | 0.07% | 11q | +20.8%+$51.5M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $214.8M | 4,448,956 | 0.11% | 11q | +18.6%+$33.8M |
| Prime Capital Investment Advisors, LLC | $139.6M | 2,890,540 | 1.35% | 6q | -7.1%-$10.7M |
| Cetera Investment Advisers | $133.4M | 2,763,133 | 0.12% | 10q | +40.8%+$38.7M |
| RAYMOND JAMES FINANCIAL INC | $125.3M | 2,594,423 | 0.03% | 7q | +11.3%+$12.7M |
| FIFTH THIRD BANCORP | $124.8M | 2,584,876 | 0.20% | 2q | -7.2%-$9.6M |
| WELLS FARGO & COMPANY/MN | $121.2M | 2,510,828 | 0.02% | 11q | +17.7%+$18.3M |
| COMMONWEALTH EQUITY SERVICES, LLC | $116.8M | 2,419,327 | 0.15% | 11q | +7.8%+$8.4M |
| MORGAN STANLEY | $99.5M | 2,061,259 | 0.01% | 11q | +56.0%+$35.7M |
| JPMORGAN CHASE & CO | $89.8M | 1,876,054 | 0.00% | 5q | +2.3%+$2.0M |
| Dynasty Wealth Management, LLC | $87.2M | 1,806,141 | 0.65% | 3q | HELD |
| OSAIC HOLDINGS, INC. | $84.5M | 1,749,135 | 0.10% | 11q | +30.6%+$19.8M |
| Quotient Wealth Partners, LLC | $84.1M | 1,742,429 | 1.99% | 3q | HELD |
| ENVESTNET ASSET MANAGEMENT INC | $72.5M | 1,501,451 | 0.02% | 11q | +41.6%+$21.3M |
| VANTAGEPOINT INVESTMENT ADVISERS LLC | $67.8M | 1,404,752 | 0.51% | 4q | HELD |
| BANK OF AMERICA CORP /DE/ | $64.3M | 1,331,452 | 0.00% | 6q | +52.7%+$22.2M |
| ROYAL BANK OF CANADA | $60.2M | 1,246,856 | 0.01% | 11q | +2.2%+$1.3M |
| MML INVESTORS SERVICES, LLC | $57.7M | 1,194,801 | 0.12% | 11q | +38.9%+$16.2M |
| Calamos Wealth Management LLC | $51.3M | 1,063,263 | 1.55% | 4q | +5.1%+$2.5M |
| Waverly Advisors, LLC | $45.7M | 947,267 | 0.27% | new | NEW |
| Capital Analysts, LLC | $41.1M | 851,673 | 0.95% | 4q | +1.2%+$474.0K |
| Kestra Advisory Services, LLC | $38.2M | 790,289 | 0.12% | 11q | +10.9%+$3.8M |
| Focus Financial Network, Inc. | $37.3M | 771,548 | 1.15% | 3q | +6.0%+$2.1M |
| Cambridge Investment Research Advisors, Inc. | $27.5M | 570,424 | 0.03% | 11q | +140.5%+$16.1M |
| KFG WEALTH MANAGEMENT, LLC | $21.8M | 451,959 | 2.46% | 2q | +5.2%+$1.1M |
| Systelligence, LLC | $19.3M | 400,481 | 3.23% | new | NEW |
| Baird Financial Group, Inc. | $18.9M | 392,125 | 0.03% | 4q | +4.0%+$720.1K |
| STIFEL FINANCIAL CORP | $18.5M | 383,270 | 0.02% | 10q | +7.3%+$1.3M |
| Parkside Investments, LLC | $18.5M | 382,383 | 2.05% | 5q | +6.2%+$1.1M |
| Stadion Money Management, LLC | $17.9M | 370,869 | 1.54% | 2q | -10.1%-$2.0M |
| GREAT VALLEY ADVISOR GROUP, INC. | $17.2M | 355,647 | 0.27% | 3q | +51.5%+$5.8M |
| LITTLE HOUSE CAPITAL LLC | $16.2M | 335,887 | 3.64% | 6q | +1.7%+$266.8K |
| HighPoint Advisor Group LLC | $16.1M | 332,587 | 0.57% | 2q | +1.8%+$281.8K |
| DAHRING | CUSMANO LLC | $15.4M | 319,007 | 8.12% | 7q | +4.0%+$593.8K |
| Berger Financial Group, Inc | $15.4M | 318,779 | 0.79% | 6q | +1.4%+$209.7K |
| Summit Investment Advisory Services, LLC | $15.0M | 309,901 | 3.76% | 7q | -3.6%-$553.4K |
| Mayfair Advisory Group, LLC | $13.9M | 297,644 | 4.19% | 5q | +5.9%+$774.4K |
| Equitable Holdings, Inc. | $12.6M | 260,147 | 0.08% | 5q | +79.3%+$5.6M |
| TWO SIGMA INVESTMENTS, LP | $11.7M | 242,900 | 0.01% | new | NEW |
| Ausdal Financial Partners, Inc. | $11.7M | 241,427 | 0.46% | 3q | +15.1%+$1.5M |
| Aurdan Capital Management, LLC | $11.3M | 234,665 | 2.87% | new | NEW |
| UBS Group AG | $11.0M | 226,814 | 0.00% | 7q | +47.3%+$3.5M |
| Mutual Advisors, LLC | $10.8M | 223,920 | 0.20% | 4q | +5.5%+$568.2K |
| PETRA FINANCIAL ADVISORS INC | $10.4M | 214,717 | 4.81% | 4q | +387.4%+$8.2M |
| First Heartland Consultants, Inc. | $9.8M | 196,379 | 0.64% | 4q | +42.6%+$2.9M |
| Landing Point Financial Group, LLC | $9.8M | 202,070 | 3.32% | 6q | -24.9%-$3.2M |
| Salus Financial Advisors, LLC | $9.7M | 200,250 | 4.77% | 7q | +1.0%+$92.7K |
| Rockefeller Capital Management L.P. | $9.3M | 192,503 | 0.01% | 4q | +26.9%+$2.0M |
| Modus Advisors, LLC | $8.5M | 176,654 | 2.11% | 5q | HELD |
| TD PRIVATE CLIENT WEALTH LLC | $8.5M | 175,450 | 0.16% | 4q | +36.9%+$2.3M |
| Milestone Investment Advisors LLC | $8.2M | 169,703 | 1.77% | 7q | +6.2%+$478.6K |
| Bank of New York Mellon Corp | $7.9M | 164,278 | 0.00% | 3q | +17.9%+$1.2M |
| RIVERSEDGE ADVISORS, LLC | $7.7M | 159,597 | 1.02% | 2q | -5.7%-$463.1K |
| American National Bank of Texas | $7.5M | 154,613 | 6.81% | 3q | -3.6%-$280.7K |
| Per Stirling Capital Management, LLC. | $6.9M | 142,639 | 0.65% | new | NEW |
| Marble Wealth, LLC | $6.8M | 140,462 | 1.04% | 2q | +17.4%+$1.0M |
| Holos Integrated Wealth LLC | $6.7M | 141,895 | 3.14% | 6q | -9.7%-$724.6K |
| Richard W. Paul & Associates, LLC | $6.7M | 139,079 | 2.05% | 2q | -2.1%-$147.4K |
| Atria Investments, Inc | $6.7M | 138,909 | 0.07% | 5q | +2.8%+$180.9K |
| Merit Financial Group, LLC | $6.5M | 133,836 | 0.04% | 4q | +238.0%+$4.6M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $6.4M | 134,818 | 0.01% | 5q | +968.5%+$5.8M |
| IAG Wealth Partners, LLC | $6.4M | 132,532 | 0.63% | 6q | +9.2%+$541.4K |
| Armor Investment Advisors, LLC | $6.0M | 124,642 | 1.93% | 2q | +12.2%+$654.3K |
| tru Independence LLC | $5.9M | 122,579 | 2.59% | 5q | -6.7%-$423.7K |
| RETIREMENT INCOME SOLUTIONS, INC | $5.7M | 150,039 | 0.98% | 7q | HELD |
| Integrated Capital Management, LLC | $5.7M | 117,377 | 2.04% | 2q | HELD |
| Breakwater Capital Group | $5.7M | 117,082 | 0.68% | 3q | +104.0%+$2.9M |
| CLG LLC | $5.5M | 113,400 | 1.20% | 5q | +194.5%+$3.6M |
| LINCOLN CAPITAL CORP | $5.3M | 109,433 | 1.72% | 7q | +5.6%+$279.1K |
| Carolina Wealth Advisors, LLC | $5.3M | 109,366 | 2.07% | 5q | HELD |
| Wayfinding Financial, LLC | $5.2M | 107,460 | 1.97% | new | NEW |
| NewEdge Advisors, LLC | $5.2M | 107,057 | 0.02% | 6q | +1.1%+$54.0K |
| Founders Financial Alliance, LLC | $5.2M | 106,996 | 0.68% | 4q | +1.6%+$81.8K |
| Global Retirement Partners, LLC | $5.1M | 105,564 | 0.08% | 4q | -23.0%-$1.5M |
| INVESTMENT ADVISORY SERVICES INC /TX /ADV | $5.0M | 102,740 | 1.43% | 5q | +30.3%+$1.2M |
| Concurrent Investment Advisors, LLC | $4.9M | 101,388 | 0.04% | 5q | -22.0%-$1.4M |
| JONES FINANCIAL COMPANIES LLLP | $4.7M | 99,018 | 0.00% | 2q | +52014.7%+$4.7M |
| &PARTNERS | $4.6M | 94,578 | 0.02% | 4q | +17.8%+$691.3K |
| Envision Financial LLC | $4.5M | 94,116 | 2.09% | new | NEW |
| FMA Wealth Management, LLC | $4.2M | 86,794 | 2.68% | 8q | -1.4%-$57.5K |
| TABLEAUX LLC | $3.9M | 81,342 | 1.65% | 3q | +8.0%+$292.5K |
| Gallagher Fiduciary Advisors, LLC | $3.8M | 78,985 | 0.13% | 5q | +23.8%+$732.5K |
| Clearwave Capital, LLC | $3.5M | 73,128 | 1.95% | 3q | +7.0%+$232.1K |
| GREENWOOD CAPITAL ASSOCIATES LLC | $3.5M | 71,733 | 0.34% | 7q | +12.6%+$388.5K |
| Soltis Investment Advisors LLC | $3.4M | 70,419 | 0.19% | 3q | +2.2%+$74.5K |
| Steward Partners Investment Advisory, LLC | $3.4M | 69,758 | 0.02% | 11q | +2.0%+$67.2K |
| Eaton Financial Holdings Company, LLC | $3.3M | 69,171 | 0.92% | 7q | +191.0%+$2.2M |
| Private Advisor Group, LLC | $3.3M | 68,485 | 0.02% | 7q | -43.4%-$2.5M |
| CROBAN | $3.2M | 67,283 | 1.43% | 8q | -48.3%-$3.0M |
| Smartleaf Asset Management LLC | $3.2M | 66,996 | 0.10% | 2q | HELD |
| PFG Advisors | $3.1M | 65,110 | 0.16% | 7q | +12.1%+$339.7K |
| KESTRA PRIVATE WEALTH SERVICES, LLC | $3.0M | 61,590 | 0.03% | 4q | +33.9%+$753.4K |
| Curtis Advisory Group, LLC | $2.9M | 60,402 | 0.57% | 3q | +465.0%+$2.4M |
| HICKS CAPITAL MANAGEMENT LLC | $2.9M | 60,222 | 2.38% | new | NEW |
| Valmark Advisers, Inc. | $2.9M | 59,900 | 0.03% | 5q | +5.2%+$143.8K |
| Investmark Advisory Group LLC | $2.8M | 58,160 | 1.07% | 5q | +4.0%+$108.9K |
| InTrack Investment Management Inc | $2.7M | 56,216 | 1.35% | 2q | +427.4%+$2.2M |
| PKS Advisory Services, LLC | $2.7M | 55,851 | 0.43% | 7q | HELD |
Showing the largest 100 of 259 reported holders.
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 | 106 | $489.9M | 10,891,594 | 24 | 51 | 14 | 0.0% |
| Q2 2026 | 259 | $4.6B | 94,897,569 | 57 | 128 | 39 | 0.0% |
| Q1 2026 | 211 | $3.3B | 87,186,825 | 46 | 112 | 30 | 0.0% |
| Q4 2025 | 184 | $2.6B | 68,576,197 | 40 | 93 | 18 | 0.0% |
| Q3 2025 | 146 | $1.8B | 47,880,889 | 35 | 73 | 19 | 0.0% |
| Q2 2025 | 121 | $1.3B | 40,260,367 | 39 | 48 | 19 | 0.0% |
| Q1 2025 | 87 | $1.1B | 37,238,183 | 25 | 41 | 10 | 0.0% |
| Q4 2024 | 64 | $569.2M | 17,593,630 | 22 | 21 | 5 | 0.0% |
| Q3 2024 | 40 | $365.4M | 11,355,207 | 5 | 19 | 4 | 0.0% |
| Q2 2024 | 41 | $95.0M | 3,265,682 | 9 | 17 | 8 | 0.0% |
| Q1 2024 | 36 | $27.1M | 902,622 | 5 | 10 | 10 | 0.0% |
| Q4 2023 | 37 | $23.6M | 842,188 | 35 | 0 | 0 | 0.0% |