FDFF β€” FIDELITY COVINGTON TRUST

Ownership history in JANE STREET GROUP, LLC  Β·  11 quarters on record

This page tracks every 13F SEC filing in which JANE STREET GROUP, LLC reported a position in FIDELITY COVINGTON TRUST (FDFF). 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.

Position Intelligence

JANE STREET GROUP, LLC Γ— FDFF AI Analytics

πŸ“‰ JANE STREET GROUP, LLC underperformed the S&P 500 by –3.9% annually on this FDFF position. Timing score: 20% (2/10 decisions correct). Average cost basis: $31.21. Maximum drawdown during holding period: –7.6%.

πŸ“ˆ Position Alpha vs SPY
-3.9%
annualised excess return

⚠️ Trailed SPY by 3.9% ann. on this position.
10 quarters analyzed

⏱️ Timing Score
20%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
2 of 10 add/trim decisions correct

πŸ’° Entry Quality
$31.21
+13.9% vs current ($35.56)

Best entry: $24.49 (2023 Q3)  Β·  Worst: $36.57 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–7.6%
max drawdown while held

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

πŸ’ͺ Fund Conviction
55%
buy-side decisions

6 adds Β· 5 trims. Bought during 3 of 5 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 0.0% 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)    FDFF price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 90,056 +75,824 +532.8% 0.00% $3.2M $35.56
2025 Q3 ADDED 14,232 +1,735 +13.9% 0.00% $515K $36.07
2025 Q2 REDUCED 12,497 -5,274 -29.7% 0.00% $478K $38.04
2025 Q1 REDUCED 17,771 -44,273 -71.4% 0.00% $620K $34.60
2024 Q4 ADDED 62,044 +43,916 +242.3% 0.00% $2.3M $36.57
2024 Q3 REDUCED 18,128 -10,221 -36.1% 0.00% $602K $32.86
2024 Q2 REDUCED 28,349 -35,511 -55.6% 0.00% $839K $29.24
2024 Q1 ADDED 63,860 +51,667 +423.7% 0.00% $2.1M $31.66
2023 Q4 REDUCED 12,193 -78,573 -86.6% 0.00% $355K $28.60
2023 Q3 ADDED 90,766 +69,112 +319.2% 0.00% $2.3M $24.49
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