FMAG β€” FIDELITY COVINGTON TRUST

Ownership history in FIL Ltd  Β·  6 quarters on record

This page tracks every 13F SEC filing in which FIL Ltd reported a position in FIDELITY COVINGTON TRUST (FMAG). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.05% (2025 Q2)
πŸ“Š Avg. % of fund
0.03%
πŸ“… First filed
2024 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
6

Position Intelligence

FIL Ltd Γ— FMAG AI Analytics

πŸ“‰ FIL Ltd underperformed the S&P 500 by –5.6% annually on this FMAG position. Timing score: 80% (4/5 decisions correct). Average cost basis: $30.25. Maximum drawdown during holding period: –6.0%.

πŸ“ˆ Position Alpha vs SPY
-5.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 5.6% ann.
5 quarters analyzed

⏱️ Timing Score
80%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
4 of 5 add/trim decisions correct

πŸ’° Entry Quality
$30.25
+12.8% vs current ($34.13)

Best entry: $29.06 (2025 Q1)  Β·  Worst: $34.28 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–6.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
67%
buy-side decisions

4 adds Β· 2 trims. Bought during 1 of 2 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.04% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FMAG price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 6 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 1,659,810 -71,596 -4.1% 0.04% $56.6M $34.13
2025 Q3 REDUCED 1,731,406 -8,479 -0.5% 0.05% $61.0M $35.21
2025 Q2 ADDED 1,739,885 +277,818 +19.0% 0.05% $59.7M $34.28
2025 Q1 ADDED 1,462,067 +1,117,266 +324.0% 0.04% $42.5M $29.06
2024 Q4 ADDED 344,801 +276,936 +408.1% 0.01% $10.7M $30.91
2024 Q3 INITIATED 67,865 β€” β€” 0.00% $2.1M $30.57
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