FIDELITY COVINGTON TRUST (FMDE) is held by 60 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is WELLS FARGO & COMPANY/MN as of Q1 2026.

Are institutions buying or selling FMDE?

In Q1 2026, 48 institutions opened or increased positions in FIDELITY COVINGTON TRUST while 14 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FMDE?

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 FMDE?

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

Is institutional money flowing into FMDE?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 48 buyers versus 14 sellers — net inflows.

FIDELITY COVINGTON TRUST

FMDE·31609A503·US·ETF·Unknown - Unknown

Holders

Avg rating(21 Elite)

$3.1B

Total Value

77% (66)

Fund Consensus

48 buying - 14 selling

No verdict yet — fewer than 2 funds hold FMDE.

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

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
WELLS FARGO & COMPANY/MN	Increased	20.9M(+509.8%)	$752.7M	0.1%	+8.98%	61
AMERIPRISE FINANCIAL INC	Increased	12.2M(+28.8%)	$438.5M	0.1%	+10.35%	47
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	11M(+20.1%)	$396.8M	0.2%	+13.45%	44
FMR LLC	Increased	9.8M(+6.2%)	$352.4M	0.0%	+23.70%	33
LPL Financial LLC	Increased	5.8M(+16.7%)	$207.6M	0.1%	+16.39%	35
RAYMOND JAMES FINANCIAL INC	Increased	3.4M(+34.7%)	$121.4M	0.0%	+14.20%	39
COMMONWEALTH EQUITY SERVICES, LLC	Increased	3.2M(+37.6%)	$114M	0.2%	+17.99%	47
HUNTINGTON NATIONAL BANK	Increased	2.9M(+1.2%)	$104.7M	0.6%	+26.75%	43
Cetera Investment Advisers	Increased	2M(+24.3%)	$73.5M	0.1%	+13.99%	36
OSAIC HOLDINGS, INC.	Increased	2M(+5.9%)	$71.2M	0.1%	+24.82%	38
Kestra Advisory Services, LLC	Increased	1.9M(+24.7%)	$68.4M	0.3%	+21.21%	43
ENVESTNET ASSET MANAGEMENT INC	Increased	1.8M(+12.3%)	$65.1M	0.0%	+18.16%	33
MORGAN STANLEY	Increased	1.3M(+116.3%)	$47.3M	0.0%	+9.78%	47
ROYAL BANK OF CANADA	Increased	1.1M(+98.6%)	$38.3M	0.0%	+9.91%	47
MML INVESTORS SERVICES, LLC	Increased	845,581(+14.1%)	$30.4M	0.1%	+16.94%	33
BANK OF AMERICA CORP /DE/	Increased	631,531(+28.9%)	$22.7M	0.0%	+10.48%	36
UBS Group AG	Increased	567,987(+143.7%)	$20.4M	0.0%	+9.26%	46
Equitable Holdings, Inc.	Increased	416,026(+16.2%)	$15.1M	0.1%	+12.67%	33
MFMerit Financial Group, LLC	Increased	391,156(+66.7%)	$14.1M	0.1%	+9.60%	49
Private Advisor Group, LLC	Increased	365,387(+31.5%)	$13.1M	0.1%	+16.24%	36