Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIDELITY COVINGTON TRUST (FFLG)

53 + Investors. Track Smart Money conviction in FFLG. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — FFLG

Based on 53 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FFLG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
53 hedge funds hold FFLG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

29 buying20 selling
Last quarter: 29 funds bought or added vs 20 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 7 → 9 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

40% of holders stayed for 2+ years

40% conviction (2yr+) 30% medium 30% new
21 out of 53 hedge funds have held FFLG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

6 → 9 → 7 → 9 → 11 new funds/Q
New funds entering each quarter: 9 → 7 → 9 → 11. A growing number of institutions are discovering FFLG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 36% veterans, 40% new entrants

36% veterans 25% 1-2yr 40% new
Of 53 current holders: 19 (36%) held 2+ years, 13 held 1–2 years, 21 (40%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds
7 of 53 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: FFLG

How many hedge funds hold FFLG — quarterly history vs. share price
Quarterly hedge fund ownership of FFLG vs. share price

Market Analysis: FFLG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FFLG

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 2 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: FFLG
2026 Q1 Stats Unlock in 15 days 53 + Investors

Track Smart Money conviction in FFLG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 53 48 10.42%
13F Shares 7M 7M 0.65%
Total Value $202M $196M 2.85%
New Positions 11 9 +2
Increased Positions 18 21 -3
Closed Positions 6 8 -2
Reduced Positions 14 11 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FFLG

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Institutional Holders (2026 Q1)

53 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FFLG. Verified SEC 13F-HR filings.

Top 21 institutional holders of FFLG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HICKS CAPITAL MANAGEMENT LLC 2.46% 88,599 $2.5M
2 INVESTMENT ADVISORY SERVICES INC /TX /ADV 2.31% 261,409 $7.3M
3 FINANCIAL MANAGEMENT NETWORK INC 1.31% 287,184 $8.6M
4 Dedeker Financial LLC 0.49% 20,086 $559K
5 McGlone Suttner Wealth Management, Inc. 0.21% 56,274 $1.6M
6 HERBST GROUP, LLC 0.21% 12,000 $334K
7 Kestra Advisory Services, LLC 0.20% 1,869,844 $52.0M
8 High Point Wealth Management, LLC 0.19% 7,017 $195K
9 Costello Asset Management, INC 0.16% 16,643 $463K
10 AVAII WEALTH MANAGEMENT, LLC 0.14% 14,591 $406K
11 Sigma Planning Corp 0.05% 66,807 $1.9M
12 COMMONWEALTH EQUITY SERVICES, LLC 0.05% 1,245,712 $34.6M
13 Cambridge Investment Research Advisors, Inc. 0.01% 110,863 $3K
14 PRIVATE TRUST CO NA 0.01% 3,186 $89K
15 Hughes Financial Services, LLC 0.00% 682 $19K
16 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% 200 $6K
17 Private Advisor Group, LLC 0.00% 16,780 $467K
18 MML INVESTORS SERVICES, LLC 0.00% 9,274 $258K
19 CX Institutional 0.00% 448
20 IFP Advisors, Inc 0.00% 325 $9K
21 ENVESTNET ASSET MANAGEMENT INC 0.00% 14,885 $414K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — FIDELITY COVINGTON TRUST (FFLG)

What does the Smart Money Trend signal show for FFLG?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FFLG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FFLG?

Slight buying edge — 59% buying: Last quarter: 29 funds bought or added vs 20 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FFLG holders?

Smaller funds dominant — 6% AUM from top-100: 7 of 53 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FFLG?

40% of holders stayed for 2+ years: 21 out of 53 hedge funds have held FFLG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.