FIDELITY COVINGTON TRUST (FESM) is held by 55 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is FMR LLC as of Q1 2026.

Are institutions buying or selling FESM?

In Q1 2026, 44 institutions opened or increased positions in FIDELITY COVINGTON TRUST while 9 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FESM?

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 FESM?

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

Is institutional money flowing into FESM?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 44 buyers versus 9 sellers — net inflows.

FIDELITY COVINGTON TRUST

FESM·31609A206·US·ETF·Unknown - Unknown

Holders

Avg rating(21 Elite)

$2.6B

Total Value

83% (57)

Fund Consensus

44 buying - 9 selling

No verdict yet — fewer than 2 funds hold FESM.

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

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
FMR LLC	Decreased	27M(-0.6%)	$1B	0.1%	+55.21%	0
AMERIPRISE FINANCIAL INC	Increased	6M(+47.3%)	$229.2M	0.1%	+23.35%	42
LPL Financial LLC	Increased	5.1M(+19.6%)	$194.7M	0.1%	+32.93%	36
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	3.7M(+16.1%)	$142.5M	0.1%	+36.33%	35
FIFTH THIRD BANCORP	New	2.8M	$105.8M	0.2%	+19.81%	50
RAYMOND JAMES FINANCIAL INC	Increased	2.3M(+66.5%)	$88.6M	0.0%	+25.48%	44
COMMONWEALTH EQUITY SERVICES, LLC	Increased	2.2M(+0.9%)	$85.3M	0.1%	+45.58%	36
WELLS FARGO & COMPANY/MN	Increased	2.1M(+32.7%)	$81M	0.0%	+30.13%	38
Cetera Investment Advisers	Increased	2M(+46.8%)	$74.6M	0.1%	+27.94%	41
Dynasty Wealth Management, LLC	Increased	1.8M(+1.7%)	$68.8M	0.6%	+24.76%	42
JPMORGAN CHASE & CO	Decreased	1.8M(-0.7%)	$67.5M	0.0%	+24.86%	0
VANTAGEPOINT INVESTMENT ADVISERS LLC	Unchanged	1.4M	$53.4M	0.5%	+30.86%	0
OSAIC HOLDINGS, INC.	Increased	1.3M(+70.2%)	$50.9M	0.1%	+29.03%	44
MORGAN STANLEY	Increased	1.3M(+69.5%)	$50.2M	0.0%	+23.68%	43
ROYAL BANK OF CANADA	Increased	1.2M(+30.7%)	$46.4M	0.0%	+29.92%	37
ENVESTNET ASSET MANAGEMENT INC	Increased	1.1M(+36.7%)	$40.3M	0.0%	+34.37%	38
Calamos Advisors LLC	Increased	1.1M(+2467.3%)	$40M	0.1%	+20.20%	56
BANK OF AMERICA CORP /DE/	Increased	871,856(+284.6%)	$33.1M	0.0%	+21.43%	47
MML INVESTORS SERVICES, LLC	Increased	860,278(+0.6%)	$32.7M	0.1%	+27.54%	29
Kestra Advisory Services, LLC	Increased	712,371(+57.5%)	$27.1M	0.1%	+26.16%	49