FIDELITY COVINGTON TRUST (FDEM) is held by 31 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is COMMONWEALTH EQUITY SERVICES, LLC as of Q1 2026.

Are institutions buying or selling FDEM?

In Q1 2026, 21 institutions opened or increased positions in FIDELITY COVINGTON TRUST while 10 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FDEM?

The Smart Money Verdict combines four independent sources (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for FIDELITY COVINGTON TRUST.

How many hedge funds hold FDEM?

31 institutional investors report holding FIDELITY COVINGTON TRUST (FDEM) as of Q1 2026, based on SEC 13F filings.

Is institutional money flowing into FDEM?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 21 buyers versus 10 sellers — net inflows.

FIDELITY COVINGTON TRUST

FDEM·316092543·US·ETF·Unknown - Unknown

Holders

Avg rating(12 Elite)

$130.2M

Total Value

68% (32)

Fund Consensus

21 buying - 10 selling

No verdict yet — fewer than 2 funds hold FDEM.

13F: Mar 31, 2026Insider & Congress: Updated regularly

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
COMMONWEALTH EQUITY SERVICES, LLC	Increased	1M(+5.9%)	$31.8M	0.0%	+46.53%	31
JANE STREET GROUP, LLC	Increased	565,645(+627.8%)	$17.9M	0.0%	+11.58%	46
RAYMOND JAMES FINANCIAL INC	Increased	559,690(+120.8%)	$17.7M	0.0%	+12.10%	46
CITADEL ADVISORS LLC	Increased	301,327(+65.0%)	$9.5M	0.0%	+19.50%	40
MAI Capital Management	Increased	273,796(+1.1%)	$8.6M	0.0%	+20.22%	28
ENVESTNET ASSET MANAGEMENT INC	Increased	238,614(+28.2%)	$7.5M	0.0%	+19.40%	34
OSAIC HOLDINGS, INC.	Decreased	219,673(-48.0%)	$6.9M	0.0%	+22.07%	0
Kestra Advisory Services, LLC	Increased	207,746(+10.3%)	$6.6M	0.0%	+38.13%	30
Cetera Investment Advisers	Increased	173,625(+11.7%)	$5.5M	0.0%	+27.07%	30
MML INVESTORS SERVICES, LLC	Decreased	96,482(-4.6%)	$3M	0.0%	+39.36%	0
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	95,053(+1696x)	$3M	0.0%	+9.02%	43
NewEdge Advisors, LLC	Increased	83,104(+20.7%)	$2.6M	0.0%	+14.79%	31
GOLDMAN SACHS GROUP INC	New	62,171	$2M	0.0%	+9.02%	36
JPMORGAN CHASE & CO	Decreased	46,856(-25.3%)	$1.4M	0.0%	+34.61%	0
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	New	45,401	$1.4M	0.0%	+9.02%	35
Farther Finance Advisors, LLC	Decreased	33,443(-0.5%)	$1.1M	0.0%	+38.03%	0
MFMerit Financial Group, LLC	Increased	24,036(+89.2%)	$759,044	0.0%	+12.63%	39
FMR LLC	Increased	18,409(+33.8%)	$581,347	0.0%	+18.33%	21
AMERIPRISE FINANCIAL INC	Decreased	17,511(-10.1%)	$552,997	0.0%	+20.43%	0
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	16,990(-59.6%)	$536,544	0.0%	+16.07%	0