FDEV β€” FIDELITY COVINGTON TRUST

Ownership history in KESTRA PRIVATE WEALTH SERVICES, LLC  Β·  11 quarters on record

This page tracks every 13F SEC filing in which KESTRA PRIVATE WEALTH SERVICES, LLC reported a position in FIDELITY COVINGTON TRUST (FDEV). 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
0.03% (2023 Q3)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2023 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
11

Position Intelligence

KESTRA PRIVATE WEALTH SERVICES, LLC Γ— FDEV AI Analytics

πŸ“‰ KESTRA PRIVATE WEALTH SERVICES, LLC underperformed the S&P 500 by –4.2% annually on this FDEV position. Timing score: 80% (8/10 decisions correct). Average cost basis: $24.54. Maximum drawdown during holding period: –6.9%.

πŸ“ˆ Position Alpha vs SPY
-4.2%
annualised excess return

⚠️ Trailed SPY by 4.2% ann. on this position.
10 quarters analyzed

⏱️ Timing Score
80%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
8 of 10 add/trim decisions correct

πŸ’° Entry Quality
$24.54
+40.0% vs current ($34.36)

Best entry: $23.02 (2023 Q3)  Β·  Worst: $34.36 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–6.9%
max drawdown while held

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

πŸ’ͺ Fund Conviction
73%
buy-side decisions

8 adds Β· 3 trims. Bought during 3 of 3 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

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

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.01% 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)    FDEV 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 14,131 +924 +7.0% 0.01% $489K $34.36
2025 Q3 ADDED 13,207 +655 +5.2% 0.01% $438K $32.67
2025 Q2 REDUCED 12,552 -2,903 -18.8% 0.01% $409K $31.91
2025 Q1 ADDED 15,455 +1,199 +8.4% 0.01% $454K $28.51
2024 Q4 ADDED 14,256 +2,340 +19.6% 0.01% $390K $26.36
2024 Q3 REDUCED 11,916 -2,673 -18.3% 0.01% $352K $28.32
2024 Q2 ADDED 14,589 +1,290 +9.7% 0.01% $396K $25.86
2024 Q1 REDUCED 13,299 -26,270 -66.4% 0.01% $366K $25.93
2023 Q4 ADDED 39,569 +2,591 +7.0% 0.03% $1.1M $24.91
2023 Q3 ADDED 36,978 +6,044 +19.5% 0.03% $915K $23.02
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