Fidelity MSCI Communication Services Index ETF
FCOM
27 hedge funds and large institutions have $52.9M invested in Fidelity MSCI Communication Services Index ETF in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 8 closing their positions.
1.47% more ownership
Funds ownership: 32.86% → 34.33% (+1.5%)
0% less capital invested
Capital invested by funds: $53M → $52.9M (-$154K)
10% less funds holding
Funds holding: 30 → 27 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$29.4M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$1.68M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$735K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$652K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$27.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| 4 |
GA
Giralda Advisors
New York
|
-$684K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$638K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
26
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$27.6M | -883,066 | Closed |
|
|
27
Citadel Advisors
Miami,
Florida
| – | -$1.02M | -32,683 | Closed |
|
|
GA
28
Giralda Advisors
New York
| – | -$684K | -21,867 | Closed |
|
|
RJFSA
29
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$638K | -20,373 | Closed |
|
30
Jane Street
New York
| – | -$580K | -18,543 | Closed |
|
|
FI
31
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$275K | -8,785 | Closed |
|
|
AIA
32
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$213K | -6,908 | Closed |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$72.1K | -2,335 | -99% |
|
34
Citigroup
New York
| – | -$20K | -633 | Closed |
|
FCOM Hedge Fund Activity: Q3 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q3 2016, worth a combined $52.9M — down 0.29% from $53M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FCOM and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Janney Capital Management, adding an estimated $29.4M. The largest seller was Pinnacle Advisory Group, exiting entirely with an estimated $27.6M sold.
- 27 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $52.9M of Fidelity MSCI Communication Services Index ETF stock for Q3 2016, down 0.29% quarter-over-quarter.
- 6 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q3 2016 and 8 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q3 2016 was Janney Capital Management, an estimated $29.4M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q3 2016 was Pinnacle Advisory Group, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2016.