Payne Capital Management, LLC FREL — FIDELITY COVINGTON TRUST

Ownership history in Payne Capital Management, LLC  ·  4 quarters on record

AI Ownership Summary

Payne Capital Management, LLC reported FIDELITY COVINGTON TRUST (FREL) in 4 quarterly 13F filings from 2025 Q3 through 2026 Q2. Peak portfolio weight reached 2.62% in 2025 Q3. The latest visible filing shows FREL at 2.55% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this FREL ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Payne Capital Management, LLC's position in FIDELITY COVINGTON TRUST, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

FREL was reported at 2.55% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
2.62% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q3 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FREL stock page Payne Capital Management, LLC fund profile Payne Capital Management, LLC full holdings
How Payne Capital Management, LLC held FREL — position size vs. price
% of Fund (quarterly)    FREL price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 4 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 ADDED — — — 326,406 +14,076 +4.5% 2.55% $9.6M 2026-08-17 $29.75
2026 Q1 ADDED — — — 312,330 +14,504 +4.9% 2.54% $8.4M 2026-05-11 $29.07
2025 Q4 ADDED — — — 297,826 +46,416 +18.5% 2.53% $8.0M 2026-02-02 $26.79
2025 Q3 INITIATED — — — 251,410 — — 2.62% $6.8M 2025-12-01 $26.69

🏢 Other funds also holding FREL

As of 2026 Q2 — sorted by position size

CITIZENS & NORTHERN CORP 3Y 7Y 6.38% TRUEFG, LLC 3Y 4.84% Townsend Financial Planning, LLC 4.38% Riverpoint Wealth Management Holdings, LLC 3Y 7Y 3.09% Prospect Financial Group LLC 2.94% AMERICAN FINANCIAL & TAX STRATEGIES INC 2.64% Black Diamond Financial, LLC 3Y 7Y 2.32% Livet Wealth, LLC 1.52% Eagle Bay Advisors LLC 3Y 1.49% Marotta Asset Management 3Y 1.33%

FAQ About Payne Capital Management, LLC and FREL

These are the practical questions this page is built to answer before you even open the full history table.

How long has Payne Capital Management, LLC reported owning FREL?

Payne Capital Management, LLC reported FREL across 4 quarterly 13F filings, from 2025 Q3 through 2026 Q2.

What was the largest reported FREL position in Payne Capital Management, LLC's portfolio?

The largest reported portfolio weight for FREL was 2.62% in 2025 Q3.

What is the latest reported FREL position on this page?

The most recent filing on this page is 2026 Q2, when Payne Capital Management, LLC reported 326,406 shares, equal to 2.55% of portfolio, with an estimated market value of $9.6M.

What does the chart on this FREL ownership page compare?

The chart compares Payne Capital Management, LLC's quarterly FREL portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Payne Capital Management, LLC time their FREL position?

Based on 13F filing dates vs. subsequent FREL price moves, Payne Capital Management, LLC correctly timed 3 out of 3 reported position changes (100%). The annualised alpha on FREL relative to SPY over the holding period was +10004.0%.

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