Fidelity Covington Trust (FIDU) Hedge Fund Ownership (Q2 2026)

Fidelity Covington Trust (FIDU)

239 + Investors. Track Smart Money conviction in FIDU. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — FIDU

Based on 242 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q

For 9 consecutive quarters, more hedge funds added FIDU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

242 hedge funds hold FIDU right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q

+54 new funds entered over the past year (+29% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 62% buying

135 buying83 selling

Last quarter: 135 funds were net buyers (42 opened a brand new position + 93 added to an existing one). Only 83 were sellers (64 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter

Funds opening a new FIDU position: 22 → 27 → 35 → 42. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 30% medium ■ 24% new

112 out of 242 hedge funds have held FIDU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +25% but shares only +8% — price-driven

Value

+25%

+8%

Last quarter: the total dollar value of institutional holdings rose +25%, but actual share count only changed +8%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

🚀

Acceleration phase — new buyers rushing in

35 → 22 → 27 → 35 → 42 new funds/Q

New funds entering each quarter: 22 → 27 → 35 → 42. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Veteran-anchored — 51% veterans vs 28% newcomers

■ 51% veterans ■ 21% 1-2yr ■ 28% new

Entry-cohort mix of 242 holders: 123 (51%) are 2+ year veterans, 51 entered 1–2 years ago, and 68 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds

21 of 240 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	239	219	9.13%
13F Shares	9M	9M	8.22%
Total Value	$920M	$735M	25.07%
New Positions	42	35	+7
Increased Positions	92	76	+16
Closed Positions	20	23	-3
Reduced Positions	64	67	-3
Total Calls	1	1	-
Total Puts	0	1	-100.0%
PUT/CALL Ratio	0.0	1.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

239

219

9.13%

13F Shares

8.22%

Total Value

$920M

$735M

25.07%

New Positions

Increased Positions

+16

Closed Positions

-3

Reduced Positions

-3

Total Calls

Total Puts

-100.0%

PUT/CALL Ratio

0.0

1.0

Bullish

Institutional Holders (2026 Q2)

239 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FIDU. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 FIDU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Independence Financial Advisors, LLC	3.52%	136,325	$13.6M
2	Yoder Wealth Management, Inc.	3.10%	79,748	$7.9M
3	KDK Private Wealth Management, LLC	2.14%	25,867	$2.6M
4	Vicus Capital	1.67%	259,849	$25.9M
5	Hanseatic Management Services Inc	1.67%	22,799	$2.3M
6	Fischer Financial Services, Inc.	1.50%	59,946	$6.0M
7	Richmond Brothers, Inc.	1.31%	25,307	$2.5M
8	Maxele Advisors, LLC	1.29%	18,546	$1.8M
9	Lifeworks Advisors, LLC	1.19%	114,531	$11.4M
10	Roxbury Financial LLC	1.15%	14,605	$1.5M
11	Jacobs Equity LLC	1.13%	16,459	$1.6M
12	Penobscot Wealth Management	1.05%	39,321	$3.9M
13	Buska Wealth Management, LLC	1.04%	29,049	$2.9M
14	Trail Ridge Investment Advisors, LLC	0.70%	16,732	$1.7M
15	Blue Jean Financial LLC	0.70%	10,095	$1.0M
16	EPG Wealth Management LLC	0.68%	28,310	$2.8M
17	AE Wealth Management LLC	0.65%	1,404,619	$139.9M
18	Stonebridge Financial Planning Group, LLC	0.51%	16,142	$1.6M
19	Smith Shellnut Wilson LLC /Adv	0.48%	15,034	$1.2M
20	One Wealth Management Investment & Advisory Services, LLC	0.47%	4,515	$450K
21	Lynch & Associates/In	0.46%	26,515	$2.6M
22	Lido Advisors, LLC	0.45%	1,672,011	$166.5M
23	Nova Wealth Management, Inc.	0.42%	7,622	$759K
24	Trust Co of Oklahoma	0.41%	15,975	$1.6M
25	Bayshore Capital Advisors, LLC	0.39%	8,467	$843K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Fidelity Covington Trust (FIDU)

What does the Smart Money Trend signal show for FIDU?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added FIDU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FIDU?

More buyers than sellers — 62% buying: Last quarter: 135 funds were net buyers (42 opened a brand new position + 93 added to an existing one). Only 83 were sellers (64 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FIDU holders?

Strong quality — 25% AUM from major funds: 21 of 240 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FIDU?

46% of holders stayed for 2+ years: 112 out of 242 hedge funds have held FIDU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Fidelity Covington Trust (FIDU)

Smart Money Signals — FIDU

Buying streak — 9 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +29% more funds vs a year ago

More buyers than sellers — 62% buying

More new buyers each quarter (+7 vs last Q)

46% of holders stayed for 2+ years

Value +25% but shares only +8% — price-driven

Acceleration phase — new buyers rushing in

Veteran-anchored — 51% veterans vs 28% newcomers

Strong quality — 25% AUM from major funds

Institutional Sentiment Summary — FIDU

Hedge Fund Ownership: FIDU

Market Analysis: FIDU

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: FIDU

Hedge Fund Positioning: FIDU

Statistics: FIDU

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Fidelity Covington Trust (FIDU)

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