FIDELITY COVINGTON TRUST

Ticker: FSMD CUSIP: 316092527 Class: ETF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
FMR LLC16,180,537$714,047
Retirement Planning Group, LLC4,020,613$177,430
COMMONWEALTH EQUITY SERVICES, LLC3,052,013$134,685
ENVESTNET ASSET MANAGEMENT INC1,956,103$86,323
Kestra Investment Management, LLC1,257,283$55,484
BANK OF AMERICA CORP /DE/1,135,774$50,122
LPL Financial LLC1,099,883$48,538
Cetera Investment Advisers604,170$26,662
Advocacy Wealth Management Services, LLC545,451$24,071
STIFEL FINANCIAL CORP522,532$23,059
Kestra Advisory Services, LLC488,145$21,542
Sanctuary Advisors, LLC432,625$19,092
Atria Investments, Inc385,746$17,023
OSAIC HOLDINGS, INC.370,228$16,343
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO342,968$15,135
Goldstone Financial Group, LLC335,403$14,801
GEN Financial Management, INC.298,664$13,180
LIBERTY SQUARE WEALTH PARTNERS LLC259,983$11,473
RAYMOND JAMES FINANCIAL INC252,244$11,132
Cambridge Investment Research Advisors, Inc.244,617$11
AssuredPartners Investment Advisors, LLC243,956$10,766
Steward Partners Investment Advisory, LLC203,540$8,982
NOVEM GROUP202,922$8,955
Farther Finance Advisors, LLC194,891$8,601
Prasad Wealth Partners, LLC190,174$8,392
OneDigital Investment Advisors LLC184,236$8,130
MML INVESTORS SERVICES, LLC170,255$7,513
Provident Wealth Management, LLC166,198$7,334
Advisory Services Network, LLC148,641$6,560
Evergreen Private Wealth LLC127,567$5,630
Financial Services Advisory Inc126,415$5,579
Sterling Manor Financial, LLC106,848$4,715
Fortitude Financial, LLC94,950$4,190
SUSQUEHANNA INTERNATIONAL GROUP, LLP87,419$3,858
Van Hulzen Asset Management, LLC79,981$3,530
JANE STREET GROUP, LLC76,931$3,395
KESTRA PRIVATE WEALTH SERVICES, LLC76,248$3,365
Presper Financial Architects, LLC70,673$3,119
CITADEL ADVISORS LLC66,601$2,939
MERCER GLOBAL ADVISORS INC /ADV66,414$2,931
Smartleaf Asset Management LLC59,975$2,677
TWO SIGMA INVESTMENTS, LP59,800$2,639
Laurel Wealth Planning LLC52,195$2,303
ROYAL BANK OF CANADA51,360$2,267
Golden State Wealth Management, LLC50,995$2,250
&PARTNERS45,837$2,023
AE Wealth Management LLC45,802$2,021
Trademark Financial Management, LLC43,055$1,900
J.W. COLE ADVISORS, INC.42,333$1,866
AMERIPRISE FINANCIAL INC38,998$1,721
Wealthcare Advisory Partners LLC38,444$1,697
New Millennium Group LLC37,536$1,656
Equitable Holdings, Inc.37,490$1,654
Foundations Investment Advisors, LLC37,210$1,642
Rockefeller Capital Management L.P.36,241$1,599
Visionary Wealth Advisors34,396$1,518
Strategic Blueprint, LLC34,075$1,504
GREAT VALLEY ADVISOR GROUP, INC.33,981$1,500
IFP Advisors, Inc31,604$1,395
Kuhn & Co Investment Counsel31,584$1,394
Emerald Advisors, LLC30,720$1,356
HICKS CAPITAL MANAGEMENT LLC29,416$1,298
Riverbend Wealth Management, LLC28,829$1,272
Global Financial Private Client, LLC28,175$1,243
Hilltop Holdings Inc.27,912$1,232
Faithward Advisors, LLC24,939$1,101
Spire Wealth Management22,299$984
Roxbury Financial LLC21,975$970
SHP Wealth Management21,136$933
JPMORGAN CHASE & CO20,827$919
Concurrent Investment Advisors, LLC19,820$875
Mascagni Wealth Management, Inc.18,697$825
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC18,508$841
MONEY CONCEPTS CAPITAL CORP18,446$814
Cedar Point Capital Partners, LLC17,557$775
Envestnet Portfolio Solutions, Inc.17,470$771
BG Investment Services, Inc.17,417$769
Rehmann Capital Advisory Group16,961$748
Merit Financial Group, LLC16,911$746
Focus Financial Network, Inc.15,364$678
Breakwater Capital Group14,758$651
Private Advisor Group, LLC14,713$649
Diversify Advisory Services, LLC14,207$658
Chicago Partners Investment Group LLC13,885$638
SWEENEY & MICHEL, LLC11,453$542
CoreCap Advisors, LLC11,043$487
Stratos Wealth Partners, LTD.11,036$487
Creative Planning10,798$477
Principle Wealth Partners LLC10,118$447
Balanced Rock Investment Advisors LLC9,766$431
Foster Victor Wealth Advisors, LLC9,600$444
World Investment Advisors9,562$422
Mariner, LLC9,529$421
HighTower Advisors, LLC9,291$410
UNITED CAPITAL FINANCIAL ADVISORS, LLC9,236$408
SILVER OAK SECURITIES, INCORPORATED8,263$369
Fundamentum, LLC8,147$360
Vise Technologies, Inc.8,078$356
CULLEN/FROST BANKERS, INC.8,023$354
CWM, LLC7,410$0
59 other institutions134,626$5,062
Total (159 institutions)38,089,674$1,669,082