FIDELITY COVINGTON TRUST (FMAG) is held by 20 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is FIL Ltd as of Q1 2026.

Are institutions buying or selling FMAG?

In Q1 2026, 9 institutions opened or increased positions in FIDELITY COVINGTON TRUST while 12 reduced or exited — a net selling quarter.

What is the Smart Money Verdict on FMAG?

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 FMAG?

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

Is institutional money flowing into FMAG?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 9 buyers versus 12 sellers — net outflows.

FIDELITY COVINGTON TRUST

FMAG·316092329·US·ETF·Unknown - Unknown

Holders

Avg rating(8 Elite)

$97.2M

Total Value

43% (22)

Fund Consensus

9 buying - 12 selling

No verdict yet — fewer than 2 funds hold FMAG.

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

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
FIL Ltd	Decreased	1.5M(-9.1%)	$47.7M	0.0%	+21.17%	0
WELLS FARGO & COMPANY/MN	Decreased	942,820(-4.2%)	$29.8M	0.0%	+13.80%	0
JONES FINANCIAL COMPANIES LLLP	Increased	162,014(+21.0%)	$5M	0.0%	+9.24%	32
PNC FINANCIAL SERVICES GROUP, INC.	Decreased	105,111(-23.0%)	$3.3M	0.0%	+18.04%	0
ENVESTNET ASSET MANAGEMENT INC	Increased	97,592(+1.3%)	$3.1M	0.0%	+20.74%	27
UBS Group AG	Decreased	57,768(-10.9%)	$1.8M	0.0%	+17.98%	0
Kestra Advisory Services, LLC	Increased	40,172(+15.5%)	$1.3M	0.0%	+9.21%	29
COMMONWEALTH EQUITY SERVICES, LLC	Decreased	28,912(-18.9%)	$914,180	0.0%	+45.75%	0
Cetera Investment Advisers	Increased	28,808(+66.3%)	$910,918	0.0%	+7.14%	37
TWO SIGMA INVESTMENTS, LP	Decreased	26,400(-21.7%)	$834,768	0.0%	+7.41%	0
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Increased	23,326(+0.8%)	$737,568	0.0%	+6.38%	25
GOLDMAN SACHS GROUP INC	Increased	21,671(+2.9%)	$685,237	0.0%	+7.70%	25
FMR LLC	Decreased	9,413(-16.9%)	$297,646	0.0%	+7.77%	0
ROYAL BANK OF CANADA	Decreased	8,501(-67.0%)	$269,000	0.0%	+6.33%	0
JPMORGAN CHASE & CO	New	7,393	$226,300	0.0%	+9.77%	35
LPL Financial LLC	Increased	7,043(+8.1%)	$222,704	0.0%	+6.61%	25
BANK OF MONTREAL /CAN/	Unchanged	1,120	$35,414	0.0%	+17.86%	0
OSAIC HOLDINGS, INC.	Decreased	580(-72.6%)	$18,353	0.0%	+7.64%	0
Rockefeller Capital Management L.P.	Increased	297(+702.7%)	$9,393	0.0%	+9.09%	19
Steward Partners Investment Advisory, LLC	Decreased	119(-32.8%)	$3,763	0.0%	+72.54%	0