DaveManuel.com · Institutional Ownership · Who Owns It
FIDELITY COVINGTON TRUST (FSMD)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
192
Reporting holders
$2.3B
Reported value
0.1%
Calls
0.1%
Puts
+16
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 | $851.4M | 16,109,104 | 0.04% | 14q | -4.5%-$39.9M |
| Retirement Planning Group, LLC | $294.2M | 5,565,941 | 7.47% | 9q | +7.8%+$21.2M |
| COMMONWEALTH EQUITY SERVICES, LLC | $179.5M | 3,396,903 | 0.23% | 25q | +2.9%+$5.1M |
| ENVESTNET ASSET MANAGEMENT INC | $125.2M | 2,369,532 | 0.03% | 26q | +12.4%+$13.8M |
| Kestra Investment Management, LLC | $76.1M | 1,439,993 | 1.47% | 3q | +17.0%+$11.1M |
| LPL Financial LLC | $72.3M | 1,367,259 | 0.02% | 18q | +12.2%+$7.9M |
| BANK OF AMERICA CORP /DE/ | $71.6M | 1,355,242 | 0.00% | 26q | +6.1%+$4.1M |
| Sanctuary Advisors, LLC | $45.8M | 867,190 | 0.21% | 5q | +3.0%+$1.4M |
| Atria Investments, Inc | $39.5M | 746,717 | 0.40% | 5q | -1.6%-$625.0K |
| Advocacy Wealth Management, LLC | $32.6M | 616,638 | 1.18% | 6q | +8.4%+$2.5M |
| STIFEL FINANCIAL CORP | $31.5M | 595,405 | 0.03% | 9q | -23.1%-$9.5M |
| Cetera Investment Advisers | $29.9M | 565,584 | 0.03% | 15q | -2.7%-$829.9K |
| Kestra Advisory Services, LLC | $25.6M | 485,327 | 0.08% | 23q | -13.1%-$3.9M |
| OneDigital Investment Advisors LLC | $25.5M | 481,970 | 0.21% | 5q | +17.6%+$3.8M |
| RAYMOND JAMES FINANCIAL INC | $24.4M | 460,977 | 0.01% | 7q | +6.2%+$1.4M |
| OSAIC HOLDINGS, INC. | $21.5M | 406,742 | 0.03% | 26q | +43.0%+$6.5M |
| LIBERTY SQUARE WEALTH PARTNERS LLC | $18.8M | 356,575 | 4.49% | 4q | +12.3%+$2.1M |
| Cambridge Investment Research Advisors, Inc. | $18.8M | 355,308 | 0.02% | 14q | +100.4%+$9.4M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $18.8M | 354,956 | 0.01% | 8q | -14.3%-$3.1M |
| Goldstone Financial Group, LLC | $18.7M | 353,428 | 1.71% | 4q | -1.2%-$234.9K |
| GEN Financial Management, INC. | $15.7M | 297,441 | 9.41% | 3q | -2.0%-$315.5K |
| AssuredPartners Investment Advisors, LLC | $13.1M | 248,292 | 1.27% | 7q | HELD |
| Presper Financial Architects, LLC | $13.0M | 246,489 | 6.80% | 4q | HELD |
| Steward Partners Investment Advisory, LLC | $10.6M | 200,971 | 0.05% | 10q | -0.9%-$95.8K |
| Prasad Wealth Partners, LLC | $10.5M | 197,968 | 2.52% | 3q | HELD |
| MML INVESTORS SERVICES, LLC | $9.9M | 186,664 | 0.02% | 6q | +30.2%+$2.3M |
| Farther Finance Advisors, LLC | $9.8M | 184,870 | 0.08% | 10q | -5.5%-$571.9K |
| APPLETON PARTNERS INC/MA | $8.8M | 166,023 | 0.54% | new | NEW |
| Bravera Wealth | $8.7M | 164,967 | 3.34% | 3q | +9.7%+$770.7K |
| Provident Wealth Management, LLC | $8.6M | 163,496 | 2.22% | 7q | -0.7%-$60.9K |
| Advisory Services Network, LLC | $7.9M | 149,284 | 0.09% | 6q | -0.6%-$50.0K |
| FSA WEALTH PARTNERS, INC. | $7.1M | 133,818 | 1.77% | 4q | +3.9%+$266.3K |
| Evergreen Private Wealth LLC | $6.7M | 126,854 | 2.48% | 11q | +1.3%+$86.6K |
| Laurel Wealth Planning LLC | $5.2M | 98,015 | 2.29% | 6q | +5.5%+$268.7K |
| Faithward Advisors, LLC | $4.8M | 90,309 | 0.58% | 8q | +129.3%+$2.7M |
| ROYAL BANK OF CANADA | $4.7M | 88,818 | 0.00% | 17q | +53.7%+$1.6M |
| KESTRA PRIVATE WEALTH SERVICES, LLC | $4.5M | 85,829 | 0.05% | 8q | +4.7%+$202.7K |
| Trademark Financial Management, LLC | $4.5M | 85,635 | 1.85% | 11q | +35.3%+$1.2M |
| Fortitude Financial, LLC | $4.2M | 79,495 | 3.78% | 3q | -9.5%-$441.7K |
| Thrivent Financial for Lutherans | $3.9M | 73,474 | 0.01% | new | NEW |
| Emerald Advisors, LLC | $3.4M | 64,562 | 0.43% | 5q | +13.7%+$412.2K |
| J.W. COLE ADVISORS, INC. | $3.3M | 62,141 | 0.06% | new | NEW |
| &PARTNERS | $3.2M | 61,151 | 0.01% | 7q | +20.9%+$560.5K |
| MERCER GLOBAL ADVISORS INC /ADV | $3.2M | 60,138 | 0.00% | 4q | -7.8%-$269.5K |
| NOVEM GROUP | $3.0M | 57,696 | 0.31% | 5q | -0.9%-$27.1K |
| AE Wealth Management LLC | $2.9M | 54,633 | 0.01% | 15q | +4.0%+$110.8K |
| TWO SIGMA INVESTMENTS, LP | $2.6M | 49,700 | 0.00% | 3q | -63.9%-$4.7M |
| Van Hulzen Asset Management, LLC | $2.5M | 46,753 | 0.18% | 6q | -42.1%-$1.8M |
| Schuylkill Financial LLC | $2.3M | 44,336 | 2.17% | new | FIRST |
| IMC-Chicago, LLC | $2.3M CALL+PUT | options only | 0.00% | 2q | OPTIONS |
| Wealthcare Advisory Partners LLC | $2.1M | 39,609 | 0.04% | 5q | +2.5%+$50.5K |
| MONEY CONCEPTS CAPITAL CORP | $2.1M | 39,373 | 0.10% | 3q | +23.3%+$393.6K |
| Kuhn & Co Investment Counsel | $2.1M | 38,916 | 1.19% | 8q | HELD |
| Rockefeller Capital Management L.P. | $2.0M | 38,238 | 0.00% | 6q | +2.9%+$57.0K |
| Gladstone Institutional Advisory LLC | $2.0M | 37,294 | 0.06% | new | NEW |
| Strategic Blueprint, LLC | $1.9M | 36,183 | 0.10% | 5q | +7.7%+$136.4K |
| IFP Advisors, Inc | $1.8M | 34,667 | 0.03% | 8q | +3.4%+$60.6K |
| GREAT VALLEY ADVISOR GROUP, INC. | $1.8M | 34,170 | 0.03% | 11q | +1.6%+$28.3K |
| Equitable Holdings, Inc. | $1.8M | 33,431 | 0.01% | 8q | +13.0%+$203.6K |
| Visionary Wealth Advisors | $1.7M | 32,869 | 0.07% | 5q | +21.2%+$303.5K |
| Riverbend Wealth Management, LLC | $1.7M | 31,302 | 0.83% | 7q | +5.3%+$83.2K |
| Mascagni Wealth Management, Inc. | $1.6M | 31,137 | 1.02% | 4q | +11.9%+$174.9K |
| INDEPENDENT FINANCIAL GROUP, LLC | $1.6M | 30,360 | 0.03% | 8q | -2.0%-$32.2K |
| Global Financial Private Client, LLC | $1.6M | 29,349 | 0.42% | 5q | +0.9%+$13.7K |
| HICKS CAPITAL MANAGEMENT LLC | $1.6M | 29,341 | 1.27% | 4q | -3.5%-$56.4K |
| GOLDMAN SACHS GROUP INC | $1.5M | 27,603 | 0.00% | 2q | -55.9%-$1.8M |
| SHP Wealth Management | $1.4M | 26,986 | 0.10% | 3q | +8.4%+$110.1K |
| SIMPLEX TRADING, LLC | $1.4M CALL+PUT | options only | 0.00% | 25q | OPTIONS |
| Concurrent Investment Advisors, LLC | $1.4M | 26,377 | 0.01% | 7q | +3.7%+$49.8K |
| Private Advisor Group, LLC | $1.3M | 25,255 | 0.01% | 7q | +60.7%+$504.1K |
| Nova Wealth Management, Inc. | $1.3M | 24,957 | 0.73% | 7q | -14.5%-$224.4K |
| BG Investment Services, LLC | $1.3M | 24,674 | 0.94% | 7q | +14.5%+$165.2K |
| JPMORGAN CHASE & CO | $1.3M | 23,973 | 0.00% | 13q | +2.2%+$27.3K |
| Roxbury Financial LLC | $1.3M | 23,776 | 0.99% | 7q | +6.2%+$73.2K |
| Merit Financial Group, LLC | $1.2M | 22,243 | 0.01% | 15q | +15.3%+$155.7K |
| Creative Planning | $1.2M | 21,921 | 0.00% | 4q | +42.8%+$347.1K |
| Spire Wealth Management | $1.1M | 19,868 | 0.03% | 10q | -19.0%-$247.1K |
| Capital Analysts, LLC | $980.0K | 18,555 | 0.02% | 4q | +50.4%+$328.5K |
| Envestnet Portfolio Solutions, Inc. | $960.5K | 18,174 | 0.00% | 9q | HELD |
| Bank of New York Mellon Corp | $952.3K | 18,018 | 0.00% | new | NEW |
| Focus Financial Network, Inc. | $900.3K | 17,034 | 0.03% | 5q | +1.2%+$10.7K |
| Summit Financial Wealth Advisors, LLC | $899.2K | 17,015 | 0.11% | 3q | +26.3%+$187.3K |
| Rehmann Capital Advisory Group | $896.4K | 16,961 | 0.04% | 4q | HELD |
| PNC Financial Services Group, Inc. | $855.5K | 16,187 | 0.00% | 8q | +0.8%+$6.9K |
| Foundations Investment Advisors, LLC | $828.3K | 15,672 | 0.01% | 7q | +53.0%+$286.8K |
| Cedar Point Capital Partners, LLC | $804.6K | 15,224 | 0.46% | 11q | +1.5%+$12.1K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $782.9K | 15,175 | 0.00% | 6q | +26.5%+$163.9K |
| MORGAN STANLEY | $768.9K | 14,548 | 0.00% | 16q | +240.9%+$543.3K |
| Perigon Wealth Management, LLC | $758.9K | 14,360 | 0.01% | 4q | +133.2%+$433.5K |
| Diversify Advisory Services, LLC | $757.9K | 14,873 | 0.01% | new | NEW |
| DIVERSIFY WEALTH MANAGEMENT, LLC | $757.9K | 14,873 | 0.01% | 2q | +4.9%+$35.7K |
| Breakwater Capital Group | $745.9K | 14,113 | 0.09% | 5q | -3.0%-$23.0K |
| Stratos Wealth Partners, LTD. | $708.0K | 13,395 | 0.01% | 7q | +2.2%+$15.0K |
| Golden State Wealth Management, LLC | $697.9K | 13,205 | 0.06% | 5q | -32.7%-$339.5K |
| CoreCap Advisors, LLC | $685.7K | 12,974 | 0.02% | 6q | +8.8%+$55.4K |
| AMERIPRISE FINANCIAL INC | $655.6K | 12,405 | 0.00% | 4q | -64.6%-$1.2M |
| Mariner, LLC | $646.6K | 12,235 | 0.00% | 10q | +24.3%+$126.2K |
| THOROUGHBRED FINANCIAL SERVICES, LLC | $634.0K | 12,001 | 0.03% | 7q | +52.3%+$217.8K |
| Chicago Partners Investment Group LLC | $621.7K | 12,185 | 0.01% | 6q | +8.9%+$51.0K |
| SWEENEY & MICHEL, LLC | $577.6K | 11,028 | 0.15% | 6q | -4.1%-$24.6K |
Showing the largest 100 of 192 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 | 67 | $376.4M | 7,651,289 | 5 | 24 | 13 | 0.0% |
| Q2 2026 | 192 | $2.3B | 43,273,381 | 30 | 83 | 46 | 0.2% |
| Q1 2026 | 176 | $1.9B | 42,508,107 | 32 | 81 | 36 | 0.2% |
| Q4 2025 | 165 | $1.7B | 38,237,685 | 20 | 76 | 32 | 0.0% |
| Q3 2025 | 151 | $1.5B | 33,678,445 | 26 | 69 | 31 | 0.1% |
| Q2 2025 | 139 | $1.3B | 32,044,001 | 40 | 53 | 26 | 0.1% |
| Q1 2025 | 112 | $874.4M | 22,323,191 | 27 | 47 | 14 | 0.0% |
| Q4 2024 | 94 | $408.9M | 9,925,935 | 27 | 40 | 5 | 0.0% |
| Q3 2024 | 67 | $298.5M | 7,206,598 | 19 | 27 | 9 | 0.1% |
| Q2 2024 | 56 | $213.2M | 5,667,862 | 17 | 23 | 7 | 0.2% |
| Q1 2024 | 43 | $116.7M | 2,984,504 | 13 | 17 | 7 | 0.6% |
| Q4 2023 | 32 | $80.8M | 2,210,805 | 2 | 15 | 7 | 0.9% |
| Q3 2023 | 31 | $66.9M | 2,055,676 | 2 | 13 | 8 | 0.8% |
| Q2 2023 | 32 | $66.9M | 1,985,897 | 5 | 11 | 9 | 1.2% |
| Q1 2023 | 30 | $62.3M | 1,909,089 | 7 | 11 | 7 | 2.1% |
| Q4 2022 | 25 | $53.9M | 1,681,813 | 8 | 10 | 2 | 2.2% |
| Q3 2022 | 17 | $1.1B | 37,519,392 | 3 | 7 | 2 | 0.1% |
| Q2 2022 | 16 | $1.1B | 37,248,299 | 1 | 6 | 4 | 0.0% |
| Q1 2022 | 18 | $1.3B | 37,332,252 | 8 | 6 | 1 | 0.1% |
| Q4 2021 | 14 | $1.3B | 36,913,857 | 1 | 4 | 2 | 0.0% |
| Q3 2021 | 14 | $1.2B | 36,923,645 | 2 | 4 | 4 | 0.0% |
| Q2 2021 | 15 | $1.3B | 36,945,893 | 2 | 6 | 3 | 0.0% |
| Q1 2021 | 16 | $1.2B | 36,803,241 | 4 | 6 | 5 | 0.0% |
| Q4 2020 | 16 | $1.1B | 36,675,515 | 3 | 8 | 0 | 0.0% |
| Q3 2020 | 11 | $867.1M | 36,523,100 | 3 | 4 | 1 | 0.0% |
| Q2 2020 | 10 | $833.8M | 36,449,534 | 4 | 5 | 0 | 0.0% |
| Q1 2020 | 8 | $666.8M | 35,386,017 | 6 | 0 | 0 | 0.0% |
| Q4 2019 | 3 | $134.0K | 5,005 | 1 | 1 | 0 | 0.0% |
| Q3 2019 | 7 | $1.1M | 44,164 | 4 | 1 | 1 | 0.1% |
| Q2 2019 | 4 | $2.0M | 78,989 | 3 | 0 | 1 | 0.0% |
| Q1 2019 | 2 | $3.2M | 128,000 | 2 | 0 | 0 | 0.1% |