Fidelity Total Bond ETF
FBND
63 hedge funds and large institutions have $233M invested in Fidelity Total Bond ETF in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 18 closing their positions.
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 64 → 63 (-1)
5% less capital invested
Capital invested by funds: $246M → $233M (-$13.4M)
6.2% less ownership
Funds ownership: 56.94% → 50.74% (-6.2%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Shakespeare Wealth Management
Pewaukee,
Wisconsin
|
+$10.3M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$7.53M |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$6.17M |
| 4 |
EWF
Epstein & White Financial
San Diego,
California
|
+$5.74M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$26.4M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$11.6M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.19M |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.59M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
76
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$155K | -3,189 | Closed |
|
|
SWP
77
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$80K | -1,650 | Closed |
|
|
AA
78
Ancora Advisors
Cleveland,
Ohio
| – | -$5K | -100 | Closed |
|
79
BlackRock
New York
| – | -$1K | -20 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$145 | -3 | -60% |
|
FBND Hedge Fund Activity: Q4 2018 in Review
63 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Fidelity Total Bond ETF (FBND) for Q4 2018, worth a combined $233M — down 5.5% from $246M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FBND positions and 18 closed out — a net gain of 1 holder — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Shakespeare Wealth Management, opening a new position worth an estimated $10.3M. The largest seller was 3EDGE Asset Management, exiting entirely with an estimated $26.4M sold.
- 63 institutional investors held Fidelity Total Bond ETF (FBND) as of Q4 2018, down from 64 in Q3 2018.
- Funds reported $233M of Fidelity Total Bond ETF stock for Q4 2018, down 5.5% quarter-over-quarter.
- 19 funds opened new Fidelity Total Bond ETF positions in Q4 2018 and 18 closed out, a net change of +1 holder.
- The largest Fidelity Total Bond ETF buyer in Q4 2018 was Shakespeare Wealth Management, an estimated $10.3M added.
- The largest Fidelity Total Bond ETF seller in Q4 2018 was 3EDGE Asset Management, an estimated $26.4M sold.
Based on aggregated 13F filings for Q4 2018.