DaveManuel.com · Institutional Ownership · Who Owns It
FIDELITY COVINGTON TRUST (FREL)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
213
Reporting holders
$852.9M
Reported value
0.0%
Calls
0.0%
Puts
+7
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 |
|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | $306.9M | 10,474,151 | 0.02% | 31q | +2.0%+$6.0M |
| Lido Advisors, LLC | $32.6M | 1,113,126 | 0.09% | 31q | -3.9%-$1.3M |
| CITIZENS & NORTHERN CORP | $27.9M | 953,634 | 6.38% | 25q | -14.8%-$4.9M |
| Black Diamond Financial, LLC | $26.3M | 897,336 | 2.32% | 23q | +8.5%+$2.1M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $25.5M | 869,139 | 0.01% | 31q | +2.2%+$550.4K |
| ENVESTNET ASSET MANAGEMENT INC | $24.5M | 834,747 | 0.01% | 31q | -13.3%-$3.8M |
| MAI Capital Management | $22.0M | 751,885 | 0.08% | 28q | +9.0%+$1.8M |
| TRUEFG, LLC | $20.7M | 707,277 | 4.84% | 21q | +2.3%+$458.7K |
| PNC Financial Services Group, Inc. | $18.6M | 635,609 | 0.01% | 25q | -9.3%-$1.9M |
| LPL Financial LLC | $17.8M | 606,359 | 0.00% | 31q | +3.0%+$525.2K |
| Riverpoint Wealth Management Holdings, LLC | $16.8M | 574,099 | 3.09% | 31q | +3.3%+$534.5K |
| COMMONWEALTH EQUITY SERVICES, LLC | $16.1M | 550,820 | 0.02% | 31q | HELD |
| Cetera Investment Advisers | $12.2M | 414,726 | 0.01% | 12q | +9.8%+$1.1M |
| Pure Financial Advisors, LLC | $11.0M | 374,745 | 0.14% | 31q | -3.1%-$349.9K |
| Diversify Advisory Services, LLC | $10.6M | 348,236 | 0.18% | new | NEW |
| DIVERSIFY WEALTH MANAGEMENT, LLC | $10.6M | 348,236 | 0.18% | 9q | +5.6%+$566.1K |
| Payne Capital Management, LLC | $9.6M | 326,406 | 2.55% | 7q | +4.5%+$412.4K |
| Pasadena Private Wealth, LLC | $8.5M | 290,004 | 1.08% | 2q | +31.5%+$2.0M |
| Marotta Asset Management | $8.0M | 271,595 | 1.33% | 14q | +7.5%+$560.2K |
| MML INVESTORS SERVICES, LLC | $7.4M | 251,290 | 0.02% | 28q | +16.5%+$1.0M |
| AE Wealth Management LLC | $7.1M | 242,504 | 0.03% | 20q | -1.9%-$138.5K |
| Heck Capital Advisors, LLC | $6.7M | 229,503 | 0.40% | 11q | -2.7%-$188.3K |
| Dynamic Advisor Solutions LLC | $6.4M | 218,481 | 0.18% | 15q | +4.6%+$283.0K |
| AGF MANAGEMENT LTD | $6.4M | 217,104 | 0.02% | 15q | +1.7%+$107.8K |
| OSAIC HOLDINGS, INC. | $6.2M | 210,574 | 0.01% | 26q | -10.1%-$696.5K |
| Cambridge Investment Research Advisors, Inc. | $6.2M | 210,296 | 0.01% | 31q | +116.2%+$3.3M |
| RAYMOND JAMES FINANCIAL INC | $6.1M | 207,182 | 0.00% | 7q | +39.0%+$1.7M |
| Creative Planning | $5.9M | 203,021 | 0.00% | 31q | -4.3%-$266.2K |
| AMERICAN FINANCIAL & TAX STRATEGIES INC | $5.8M | 199,554 | 2.64% | 11q | HELD |
| MORGAN STANLEY | $5.5M | 188,778 | 0.00% | 35q | +3.9%+$208.9K |
| Townsend Financial Planning, LLC | $5.0M | 171,682 | 4.38% | 3q | HELD |
| RFG Advisory, LLC | $4.9M | 167,965 | 0.08% | 23q | +4.6%+$214.2K |
| Physician Wealth Advisors, Inc. | $4.7M | 159,503 | 0.56% | 28q | HELD |
| HighTower Advisors, LLC | $4.5M | 152,525 | 0.00% | 31q | -2.1%-$97.5K |
| Steward Partners Investment Advisory, LLC | $4.3M | 148,155 | 0.02% | 28q | +17.4%+$644.4K |
| EP Wealth Advisors, LLC | $4.2M | 145,026 | 0.02% | new | NEW |
| Essential Planning, LLC. | $4.0M | 135,769 | 1.12% | 16q | +0.6%+$24.9K |
| Financial Engines Advisors L.L.C. | $3.9M | 133,050 | 0.01% | 26q | -1.0%-$40.1K |
| Prospect Financial Group LLC | $3.7M | 124,636 | 2.94% | 7q | +6.5%+$224.3K |
| SigFig Wealth Management, LLC | $3.4M | 113,284 | 0.09% | 31q | -1.1%-$39.1K |
| Independent Solutions Wealth Management, LLC | $3.4M | 115,332 | 0.44% | 17q | +0.9%+$30.1K |
| Mariner, LLC | $3.3M | 111,416 | 0.00% | 31q | -10.6%-$388.5K |
| PARK AVENUE SECURITIES LLC | $3.2M | 108,642 | 0.02% | 6q | +17.4%+$472.1K |
| SACHEM HILL LLC | $2.7M | 91,098 | 0.47% | 18q | HELD |
| Livet Wealth, LLC | $2.6M | 89,667 | 1.52% | 3q | +2.8%+$72.2K |
| LODESTAR PRIVATE ASSET MANAGEMENT LLC | $2.5M | 87,011 | 0.22% | 15q | +6.5%+$156.3K |
| UBS Group AG | $2.4M | 82,177 | 0.00% | 31q | -43.3%-$1.8M |
| NorthCoast Asset Management LLC | $2.4M | 81,922 | 0.05% | new | NEW |
| RAFFA WEALTH MANAGEMENT, LLC | $2.4M | 81,795 | 0.30% | 14q | +16.1%+$332.9K |
| Sachetta, LLC | $2.4M | 81,586 | 1.16% | 11q | +9.9%+$215.8K |
| STIFEL FINANCIAL CORP | $2.3M | 79,671 | 0.00% | 31q | +8.7%+$186.9K |
| NWAM LLC | $2.3M | 79,063 | 0.12% | 8q | +3.2%+$71.7K |
| Beckerman Institutional, LLC | $2.3M | 77,119 | 1.08% | 8q | +10.0%+$205.4K |
| Global View Capital Management LLC | $2.2M | 76,656 | 0.46% | new | NEW |
| ROYAL BANK OF CANADA | $2.2M | 76,377 | 0.00% | 31q | -26.9%-$822.8K |
| MERCER GLOBAL ADVISORS INC /ADV | $2.1M | 71,955 | 0.00% | 4q | -9.1%-$211.1K |
| SUMMIT WEALTH GROUP LLC / CO | $2.0M | 69,035 | 0.17% | 3q | +29.6%+$462.1K |
| Eagle Bay Advisors LLC | $2.0M | 68,053 | 1.49% | 21q | +24.5%+$392.6K |
| Fifth Third Securities, Inc. | $1.9M | 65,510 | 0.11% | 4q | +0.7%+$12.7K |
| Palisades Hudson Asset Management, L.P. | $1.9M | 63,130 | 0.65% | 11q | +0.7%+$13.1K |
| Asset Management Group, Inc. | $1.8M | 63,029 | 0.27% | 28q | +0.6%+$11.3K |
| Tortoise Investment Management, LLC | $1.8M | 62,874 | 0.14% | 31q | +7.4%+$127.5K |
| Atria Investments, Inc | $1.8M | 61,443 | 0.02% | 18q | +28.1%+$394.4K |
| Birchcreek Wealth Management, LLC | $1.8M | 60,592 | 0.69% | 23q | +5.8%+$97.2K |
| Marks Group Wealth Management, Inc | $1.6M | 55,559 | 0.14% | 12q | HELD |
| HF Advisory Group, LLC | $1.6M | 55,036 | 0.50% | 15q | +2.3%+$36.4K |
| Beaumont Financial Advisors, LLC | $1.6M | 55,008 | 0.10% | 11q | -9.8%-$174.3K |
| Soltis Investment Advisors LLC | $1.6M | 54,387 | 0.09% | 27q | -0.6%-$8.8K |
| Farther Finance Advisors, LLC | $1.5M | 52,577 | 0.01% | 11q | -9.0%-$152.1K |
| AMERIPRISE FINANCIAL INC | $1.4M | 49,178 | 0.00% | 13q | +2.0%+$28.3K |
| Rehmann Capital Advisory Group | $1.4M | 48,085 | 0.06% | 16q | -80.0%-$5.6M |
| Kestra Advisory Services, LLC | $1.3M | 45,792 | 0.00% | 24q | -3.7%-$51.0K |
| Savvy Advisors, Inc. | $1.3M | 45,286 | 0.03% | 2q | -17.4%-$279.8K |
| 21 West Wealth Management LLC | $1.3M | 44,741 | 1.12% | 5q | HELD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.3M | 44,615 | 0.00% | 5q | -19.2%-$310.4K |
| J.W. COLE ADVISORS, INC. | $1.2M | 40,675 | 0.02% | new | NEW |
| D. E. Shaw & Co., Inc. | $1.2M | 40,330 | 0.00% | 3q | +204.3%+$793.4K |
| SMITH, MOORE & CO. | $1.2M | 39,931 | 0.08% | 26q | -0.9%-$10.3K |
| Life Planning Partners, Inc | $1.1M | 37,232 | 0.81% | 15q | -9.0%-$107.2K |
| Glass Jacobson Investment Advisors llc | $1.1M | 36,485 | 0.33% | 14q | +4.6%+$47.3K |
| Northwest Wealth Advisors, LLC | $1.0M | 35,685 | 0.60% | 3q | +13.8%+$126.7K |
| PKS Advisory Services, LLC | $1.0M | 34,201 | 0.16% | 7q | HELD |
| Rather & Kittrell, Inc. | $980.8K | 33,473 | 0.14% | 19q | HELD |
| INTEGRATED CAPITAL MANAGEMENT, INC. | $976.4K | 33,324 | 0.68% | 4q | +6.6%+$60.4K |
| BLUE JEAN FINANCIAL LLC | $972.8K | 33,203 | 0.68% | new | NEW |
| FMR LLC | $934.0K | 31,876 | 0.00% | 30q | +108.2%+$485.4K |
| New England Private Wealth Advisors LLC | $927.9K | 30,333 | 0.09% | 4q | +21.2%+$162.2K |
| Integrated Investment Consultants, LLC | $908.3K | 31,000 | 0.18% | 18q | HELD |
| Fort Point Capital Partners LLC | $907.4K | 30,969 | 0.06% | 7q | +3.5%+$30.5K |
| WELLS FARGO & COMPANY/MN | $846.0K | 28,874 | 0.00% | 31q | +8.8%+$68.3K |
| BALANCED WEALTH GROUP LLC | $831.8K | 28,387 | 0.26% | 11q | +0.9%+$7.7K |
| Savant Capital, LLC | $806.1K | 27,511 | 0.00% | new | NEW |
| Gladstone Institutional Advisory LLC | $789.9K | 26,960 | 0.02% | 4q | +7.2%+$52.7K |
| Fingerlakes Wealth Management, Inc. | $753.6K | 25,722 | 0.41% | 11q | +6.9%+$48.6K |
| CITIGROUP INC | $748.8K | 25,558 | 0.00% | 12q | +6.7%+$47.1K |
| JPMORGAN CHASE & CO | $738.6K | 24,759 | 0.00% | 16q | -25.0%-$246.8K |
| Global Retirement Partners, LLC | $720.2K | 24,581 | 0.01% | 16q | +5.2%+$35.5K |
| IFP Advisors, Inc | $720.0K | 24,573 | 0.01% | 28q | -1.4%-$10.1K |
| SYKON CAPITAL LLC | $697.0K | 23,790 | 0.21% | new | NEW |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $695.5K | 23,738 | 0.00% | 9q | -18.5%-$158.0K |
Showing the largest 100 of 213 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 | 61 | $142.8M | 5,237,023 | 4 | 25 | 18 | 0.0% |
| Q2 2026 | 213 | $852.9M | 29,073,437 | 31 | 84 | 56 | 0.0% |
| Q1 2026 | 206 | $776.0M | 28,811,544 | 16 | 91 | 49 | 0.0% |
| Q4 2025 | 216 | $517.1M | 19,170,044 | 26 | 89 | 52 | 0.0% |
| Q3 2025 | 212 | $498.7M | 17,938,112 | 22 | 89 | 51 | 0.0% |
| Q2 2025 | 212 | $443.0M | 16,386,862 | 18 | 71 | 75 | 0.0% |
| Q1 2025 | 204 | $470.2M | 17,006,614 | 15 | 89 | 57 | 0.0% |
| Q4 2024 | 213 | $649.0M | 23,439,964 | 22 | 77 | 60 | 0.0% |
| Q3 2024 | 204 | $436.9M | 14,845,248 | 20 | 71 | 55 | 0.0% |
| Q2 2024 | 202 | $360.2M | 14,192,330 | 14 | 76 | 67 | 0.0% |
| Q1 2024 | 205 | $372.3M | 14,283,749 | 17 | 86 | 59 | 0.0% |
| Q4 2023 | 206 | $377.8M | 14,222,362 | 28 | 65 | 66 | 0.0% |
| Q3 2023 | 178 | $334.8M | 14,707,438 | 10 | 79 | 50 | 0.0% |
| Q2 2023 | 198 | $385.8M | 15,353,612 | 19 | 70 | 71 | 0.0% |
| Q1 2023 | 193 | $496.9M | 19,936,133 | 19 | 63 | 64 | 0.0% |
| Q4 2022 | 196 | $777.8M | 31,315,562 | 23 | 66 | 63 | 0.0% |
| Q3 2022 | 188 | $5.6B | 233,488,087 | 14 | 72 | 54 | 0.0% |
| Q2 2022 | 202 | $5.6B | 205,245,684 | 25 | 73 | 56 | 0.0% |
| Q1 2022 | 210 | $5.2B | 160,773,577 | 31 | 75 | 59 | 0.0% |
| Q4 2021 | 210 | $6.1B | 177,049,065 | 33 | 75 | 38 | 0.0% |
| Q3 2021 | 180 | $5.1B | 167,699,509 | 20 | 70 | 40 | 0.0% |
| Q2 2021 | 178 | $4.5B | 149,019,308 | 29 | 62 | 47 | 0.0% |
| Q1 2021 | 152 | $3.9B | 142,064,007 | 15 | 56 | 40 | 0.0% |
| Q4 2020 | 149 | $3.2B | 127,764,881 | 12 | 52 | 42 | 0.0% |
| Q3 2020 | 135 | $2.5B | 104,320,559 | 16 | 47 | 40 | 0.0% |
| Q2 2020 | 133 | $9.4B | 403,734,068 | 18 | 42 | 51 | 0.0% |
| Q1 2020 | 139 | $8.1B | 389,367,451 | 23 | 50 | 44 | 0.0% |
| Q4 2019 | 155 | $9.7B | 349,457,903 | 21 | 55 | 35 | 0.0% |
| Q3 2019 | 131 | $6.6B | 238,153,085 | 19 | 58 | 31 | 0.0% |
| Q2 2019 | 121 | $6.0B | 229,197,096 | 24 | 45 | 35 | 0.0% |
| Q1 2019 | 101 | $5.7B | 219,958,647 | 22 | 43 | 25 | 0.0% |
| Q4 2018 | 91 | $4.5B | 200,450,520 | 2 | 2 | 1 | 0.0% |