FIDELITY COVINGTON TRUST

Ticker: FENI CUSIP: 31609A404 Class: COM

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

InstitutionSharesValue ($000)
FMR LLC22,536,510$824,386
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO9,715,353$355,388
COMMONWEALTH EQUITY SERVICES, LLC4,862,451$177,868
WELLS FARGO & COMPANY/MN4,541,258$166,119
OSAIC HOLDINGS, INC.4,375,550$160,085
LPL Financial LLC4,125,590$150,914
ENVESTNET ASSET MANAGEMENT INC4,067,817$148,801
RAYMOND JAMES FINANCIAL INC4,044,605$147,952
Syntegra Private Wealth Group, LLC3,460,963$126,602
AMERIPRISE FINANCIAL INC3,441,396$125,773
Kestra Advisory Services, LLC3,003,617$109,872
Cetera Investment Advisers2,961,266$108,323
JANE STREET GROUP, LLC2,600,000$95,108
Fragasso Group Inc.2,467,211$90,251
Thrivent Financial for Lutherans1,754,072$64
Cornerstone Planning Group LLC1,643,186$63,706
ORRSTOWN FINANCIAL SERVICES INC1,459,872$53,402
ROYAL BANK OF CANADA1,283,444$46,948
KFG WEALTH MANAGEMENT, LLC1,260,747$46,118
OneDigital Investment Advisors LLC1,217,279$44,528
CGC Financial Services, LLC1,181,761$43,229
Financial Strategies Group, Inc.1,144,936$43,107
Pallas Capital Advisors LLC1,001,543$36,636
Sanctuary Advisors, LLC966,018$35,337
Wealth Alliance Advisory Group, LLC836,882$30,613
UBS Group AG817,831$29,916
RFG Advisory, LLC767,597$28,079
Stephens Consulting, LLC748,808$27,391
Waterloo Capital, L.P.681,466$24,928
MAI Capital Management654,876$23,955
Cambridge Investment Research Advisors, Inc.617,148$23
BANK OF AMERICA CORP /DE/533,285$19,508
MORGAN STANLEY530,566$19,408
Core Wealth Advisors, Inc.518,092$18,952
Avidian Wealth Solutions, LLC511,125$18,697
Pasadena Private Wealth, LLC477,355$17,462
HighTower Advisors, LLC459,457$16,807
CAPTRUST FINANCIAL ADVISORS449,655$16,448
AlphaStar Capital Management, LLC438,685$16,047
MML INVESTORS SERVICES, LLC431,975$15,802
Concurrent Investment Advisors, LLC425,260$15,556
Anderson Financial Strategies, LLC415,982$15,217
GERBER, LLC415,420$15,196
DURANTE & WATERS, LLC374,957$13,716
Armor Investment Advisors, LLC370,413$13,550
CHOREO, LLC368,467$13,563
Advantage Trust Co367,661$13,449
MFA Wealth Advisors, LLC357,135$13,064
Evernest Financial Advisors, LLC350,237$14,066
TruWealth Advisors, LLC348,686$12,755
Cornerstone Wealth Management, LLC335,423$12,270
Stone House Investment Management, LLC328,987$12,034
Valley Financial Group, Inc.327,780$11,990
Independence Financial Advisors, LLC307,371$11,244
STEPH & CO300,458$10,991
Clarity Retirement & Wealth, LLC292,892$10,714
Envestnet Portfolio Solutions, Inc.289,099$10,575
TABLEAUX LLC287,202$10,786
JPMORGAN CHASE & CO283,091$10,355
Forbes Financial Planning, Inc.281,879$10,317
STIFEL FINANCIAL CORP267,595$9,789
HICKS CAPITAL MANAGEMENT LLC266,317$9,742
PRINCIPAL SECURITIES, INC.256,853$9,396
Farmers & Merchants Trust Co of Chambersburg PA255,873$9
Farther Finance Advisors, LLC251,519$9,201
Convergence Financial, LLC250,323$9,157
Bryant Woods Investment Advisors, LLC245,645$8,986
Janney Montgomery Scott LLC238,691$9
Certified Advisory Corp212,450$7,771
D.A. DAVIDSON & CO.211,465$7,735
EverSource Wealth Advisors, LLC208,720$7,635
Andrews Advisory Associates, LLC205,914$7,532
StoneX Group Inc.200,321$7,372
Avior Wealth Management, LLC197,397$7,221
S Harris Financial Group, LLC196,374$7,183
Mayfair Advisory Group, LLC188,187$6,970
KMG FIDUCIARY PARTNERS, LLC184,167$6,737
FMA Wealth Management, LLC184,160$6,737
Systelligence, LLC176,548$6,458
&PARTNERS175,282$6,412
DAHRING | CUSMANO LLC173,213$6,336
Fifth Third Securities, Inc.172,873$6,324
InTrack Investment Management Inc171,270$6,265
CHILDRESS CAPITAL ADVISORS, LLC166,396$6,087
Fortress Wealth Group, LLC165,274$6,413
SAX WEALTH ADVISORS, LLC161,956$5,924
FIRST COMMONWEALTH FINANCIAL CORP /PA/155,636$5,693
Integrated Wealth Concepts LLC147,388$5,391
Veridan Wealth LLC144,423$5,283
Stratos Wealth Partners, LTD.139,648$5,108
BG Investment Services, Inc.136,518$4,994
Noble Wealth Management PBC135,754$4,966
Emerald Advisors, LLC129,571$4,740
San Luis Wealth Advisors LLC128,051$4,684
Advisory Resource Group127,252$4,655
HARBOUR INVESTMENTS, INC.125,671$4,597
Cooper Financial Group121,730$4,453
USAdvisors Wealth Management, LLC119,870$4
Advisory Services Network, LLC116,948$4,278
Wealth Quarterback LLC113,201$4,141
219 other institutions4,885,294$162,579
Total (319 institutions)117,531,386$4,180,926