FIDELITY COVINGTON TRUST (FSMD) is held by 58 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 FSMD?

In Q1 2026, 43 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 FSMD?

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 FSMD?

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

Is institutional money flowing into FSMD?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 43 buyers versus 14 sellers — net inflows.

FIDELITY COVINGTON TRUST

FSMD·316092527·US·ETF·Unknown - Unknown

Holders

Avg rating(20 Elite)

$1.4B

Total Value

75% (60)

Fund Consensus

43 buying - 14 selling

No verdict yet — fewer than 2 funds hold FSMD.

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

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
FMR LLC	Increased	16.9M(+4.2%)	$754.2M	0.0%	+29.14%	33
COMMONWEALTH EQUITY SERVICES, LLC	Increased	3.3M(+8.1%)	$147.6M	0.2%	+32.04%	39
ENVESTNET ASSET MANAGEMENT INC	Increased	2.1M(+7.8%)	$94.3M	0.0%	+22.66%	32
BANK OF AMERICA CORP /DE/	Increased	1.3M(+12.5%)	$57.1M	0.0%	+26.13%	33
LPL Financial LLC	Increased	1.2M(+10.8%)	$54.5M	0.0%	+25.36%	33
Sanctuary Advisors, LLC	Increased	841,578(+94.5%)	$37.6M	0.2%	+17.66%	55
STIFEL FINANCIAL CORP	Increased	774,628(+48.3%)	$34.6M	0.0%	+17.71%	40
Cetera Investment Advisers	Decreased	581,286(-3.8%)	$26M	0.0%	+30.40%	0
Kestra Advisory Services, LLC	Increased	558,311(+14.4%)	$25M	0.1%	+35.99%	33
RAYMOND JAMES FINANCIAL INC	Increased	434,130(+72.1%)	$19.4M	0.0%	+19.89%	42
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	414,021(+20.7%)	$18.5M	0.0%	+23.95%	34
OneDigital Investment Advisors LLC	Increased	409,665(+122.4%)	$18.3M	0.2%	+14.43%	55
OSAIC HOLDINGS, INC.	Decreased	284,471(-23.2%)	$12.7M	0.0%	+31.17%	0
Steward Partners Investment Advisory, LLC	Decreased	202,783(-0.4%)	$9.1M	0.0%	+27.08%	0
Farther Finance Advisors, LLC	Increased	195,691(+0.4%)	$8.8M	0.1%	+21.29%	28
MML INVESTORS SERVICES, LLC	Decreased	143,391(-15.8%)	$6.4M	0.0%	+23.86%	0
TWO SIGMA INVESTMENTS, LP	Increased	137,700(+130.3%)	$6.2M	0.0%	+12.96%	44
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	84,575(-3.3%)	$3.8M	0.0%	+23.23%	0
MGMERCER GLOBAL ADVISORS INC /ADV	Decreased	65,238(-1.8%)	$2.9M	0.0%	+17.79%	0
GOLDMAN SACHS GROUP INC	New	62,583	$2.8M	0.0%	+11.02%	36