Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIDELITY COVINGTON TRUST (FIDU)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
7Q ▲
Buyers last Q
56%

Smart Money Signals — FIDU

Based on 195 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added FIDU 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
195 hedge funds hold FIDU 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 — +17% more funds vs a year ago

fund count last 6Q
+29 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

93 buying72 selling
Last quarter: 93 funds bought or added vs 72 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.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new FIDU position: 27 → 30 → 19 → 26. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 31% medium ■ 18% new
98 out of 195 hedge funds have held FIDU 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.
📊

Peak discovery — momentum slowing

32 → 27 → 30 → 19 → 26 new funds/Q
New funds entering each quarter: 27 → 30 → 19 → 26. FIDU is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 54% of holders stayed 2+ years

■ 54% veterans ■ 19% 1-2yr ■ 27% new
Of 195 current holders: 105 (54%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
16 of 195 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

Institutional Sentiment Summary — FIDU

In 2025 Q4, 93 hedge funds were net buyers of FIDU (26 opened a new position, 67 added to an existing one), while 72 reduced or exited (55 trimmed, 17 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 195.

Hedge Fund Ownership: FIDU

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

Market Analysis: FIDU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FIDU

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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.

23 top-rated funds 3 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: FIDU
2026 Q1 Stats Unlock in 4 days 195 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 195 186 4.84%
13F Shares 8M 8M 0.32%
Total Value $637M $631M 0.88%
New Positions 26 19 +7
Increased Positions 67 72 -5
Closed Positions 17 11 +6
Reduced Positions 55 53 +2
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FIDU

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Institutional Holders (2026 Q1)

195 + investors

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

QUARTER:
Top 25 institutional holders of FIDU — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Independence Financial Advisors, LLC 3.38% 130,313 $11.3M
2 Yoder Wealth Management, Inc. 3.00% 76,159 $6.6M
3 KDK Private Wealth Management, LLC 2.06% 25,990 $2.2M
4 HANSEATIC MANAGEMENT SERVICES INC 1.92% 23,142 $2.0M
5 Fischer Financial Services, Inc. 1.72% 59,042 $5.1M
6 Buska Wealth Management, LLC 1.45% 41,650 $3.6M
7 Lifeworks Advisors, LLC 1.25% 112,300 $9.7M
8 Jacobs Equity LLC 1.17% 15,153 $1.3M
9 Roxbury Financial LLC 1.12% 14,427 $1.2M
10 PENOBSCOT WEALTH MANAGEMENT 0.97% 37,991 $3.3M
11 Trail Ridge Investment Advisors, LLC 0.67% 17,904 $1.5M
12 EPG Wealth Management LLC 0.66% 28,317 $2.4M
13 AE Wealth Management LLC 0.61% 1,297,885 $112.3M
14 Stonebridge Financial Planning Group, LLC 0.54% 16,991 $1.5M
15 Nova Wealth Management, Inc. 0.47% 8,260 $718K
16 Elevated Capital Advisors, LLC 0.46% 21,272 $1.8M
17 Lido Advisors, LLC 0.46% 1,738,015 $150.4M
18 LYNCH & ASSOCIATES/IN 0.41% 25,319 $2.2M
19 TRUST CO OF OKLAHOMA 0.40% 16,001 $1.4M
20 TOUNJIAN ADVISORY PARTNERS, LLC 0.38% 12,178 $1.1M
21 ATLAS CAPITAL ADVISORS INC. 0.38% 38,168 $3.3M
22 Valley Brook Capital Group, Inc. 0.36% 6,288 $544K
23 VICUS CAPITAL 0.32% 50,344 $4.4M
24 Bayshore Capital Advisors, LLC 0.31% 8,467 $733K
25 Traynor Capital Management, Inc. 0.31% 62,979 $5.3M
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 (FIDU)

What does the Smart Money Trend signal show for FIDU?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added FIDU 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 FIDU?

Slight buying edge — 56% buying: Last quarter: 93 funds bought or added vs 72 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 FIDU holders?

Smaller funds dominant — 13% AUM from top-100: 16 of 195 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FIDU?

50% of holders stayed for 2+ years: 98 out of 195 hedge funds have held FIDU 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.