FVAL β€” FIDELITY COVINGTON TRUST

Ownership history in PRIMORIS WEALTH ADVISORS, LLC  Β·  17 quarters on record

This page tracks every 13F SEC filing in which PRIMORIS WEALTH ADVISORS, LLC reported a position in FIDELITY COVINGTON TRUST (FVAL). 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
2.25% (2022 Q3)
πŸ“Š Avg. % of fund
1.72%
πŸ“… First filed
2021 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
17

Position Intelligence

PRIMORIS WEALTH ADVISORS, LLC Γ— FVAL AI Analytics

πŸ“‰ PRIMORIS WEALTH ADVISORS, LLC underperformed the S&P 500 by –0.7% annually on this FVAL position. Timing score: 53% (8/15 decisions correct). Average cost basis: $52.83. Maximum drawdown during holding period: –22.2%.

πŸ“ˆ Position Alpha vs SPY
-0.7%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
16 quarters analyzed

⏱️ Timing Score
53%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
8 of 15 add/trim decisions correct

πŸ’° Entry Quality
$52.83
+36.2% vs current ($71.96)

Best entry: $47.36 (2022 Q1)  Β·  Worst: $68.21 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–22.2%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
44%
buy-side decisions

7 adds Β· 9 trims. Bought during 2 of 5 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ PRIMORIS WEALTH ADVISORS, LLC has been actively increasing its FVAL allocation β€” a bullish signal from insiders.
Currently 2.0% 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)    FVAL 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 REDUCED 46,342 -25 -0.1% 2.00% $3.3M $71.96
2025 Q3 ADDED 46,367 +885 +1.9% 2.03% $3.2M $68.21
2025 Q2 ADDED 45,482 +13,015 +40.1% 1.98% $2.9M $63.01
2025 Q1 ADDED 32,467 +776 +2.4% 1.50% $1.9M $58.57
2024 Q4 REDUCED 31,691 -1,480 -4.5% 1.48% $1.9M $60.19
2024 Q3 REDUCED 33,171 -300 -0.9% 1.46% $2.0M $59.05
2024 Q2 ADDED 33,471 +860 +2.6% 1.54% $1.9M $55.89
2024 Q1 ADDED 32,611 +4,286 +15.1% 1.48% $1.9M $55.13
2023 Q4 REDUCED 28,325 -123 -0.4% 1.41% $1.5M $50.98
2023 Q3 REDUCED 28,448 -329 -1.1% 1.64% $1.4M $45.82
7 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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