FIDELITY COVINGTON TRUST (FVAL) is held by 58 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is ENVESTNET ASSET MANAGEMENT INC as of Q1 2026.

Are institutions buying or selling FVAL?

In Q1 2026, 40 institutions opened or increased positions in FIDELITY COVINGTON TRUST while 19 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FVAL?

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 FVAL?

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

Is institutional money flowing into FVAL?

As of Q1 2026, tracked institutions in FIDELITY COVINGTON TRUST show 40 buyers versus 19 sellers — net inflows.

FIDELITY COVINGTON TRUST

FVAL·316092782·US·ETF·Unknown - Unknown

Holders

Avg rating(21 Elite)

$456.6M

Total Value

68% (62)

Fund Consensus

40 buying - 19 selling

No verdict yet — fewer than 2 funds hold FVAL.

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

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
ENVESTNET ASSET MANAGEMENT INC	Increased	1.7M(+9.7%)	$118M	0.0%	+47.49%	33
FMR LLC	Increased	1.7M(+1.7%)	$116.9M	0.0%	+28.40%	31
ROYAL BANK OF CANADA	Increased	301,376(+0.3%)	$20.9M	0.0%	+28.08%	28
LPL Financial LLC	Decreased	290,288(-12.5%)	$20.1M	0.0%	+39.83%	0
MAI Capital Management	Increased	286,579(+4.0%)	$19.9M	0.1%	+22.47%	35
Cetera Investment Advisers	Increased	281,544(+9.5%)	$19.5M	0.0%	+32.88%	31
OSAIC HOLDINGS, INC.	Decreased	247,916(-1.3%)	$17.2M	0.0%	+86.48%	0
MFMerit Financial Group, LLC	Decreased	226,693(-31.9%)	$15.7M	0.1%	+16.20%	0
COMMONWEALTH EQUITY SERVICES, LLC	Decreased	213,850(-10.4%)	$14.8M	0.0%	+60.97%	0
JPMORGAN CHASE & CO	Decreased	206,534(-0.5%)	$13.9M	0.0%	+30.20%	0
BANK OF AMERICA CORP /DE/	Decreased	173,294(-8.7%)	$12M	0.0%	+26.08%	0
Kestra Advisory Services, LLC	Decreased	147,059(-25.1%)	$10.2M	0.0%	+57.13%	0
MORGAN STANLEY	Increased	131,607(+4.4%)	$9.1M	0.0%	+36.31%	29
JONES FINANCIAL COMPANIES LLLP	Increased	110,783(+58.6%)	$7.5M	0.0%	+14.31%	39
Creative Planning	Increased	106,631(+4.0%)	$7.4M	0.0%	+125.65%	28
RAYMOND JAMES FINANCIAL INC	Increased	53,900(+7.4%)	$3.7M	0.0%	+21.75%	29
Empowered Funds, LLC	Decreased	47,801(-32.9%)	$3.3M	0.0%	+8.93%	0
Rockefeller Capital Management L.P.	Increased	41,674(+79.8%)	$2.9M	0.0%	+26.93%	40
Farther Finance Advisors, LLC	Increased	38,895(+127.5%)	$2.7M	0.0%	+11.21%	42
GOLDMAN SACHS GROUP INC	Increased	31,602(+7.2%)	$2.2M	0.0%	+31.18%	28