Fidelity MSCI Communication Services Index ETF
FCOM
27 hedge funds and large institutions have $15.7M invested in Fidelity MSCI Communication Services Index ETF in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 26 → 27 (+1)
19.17% less ownership
Funds ownership: 33.57% → 14.4% (-19%)
64% less capital invested
Capital invested by funds: $43.7M → $15.7M (-$28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.13M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$320K |
| 3 |
WPP
Whalerock Point Partners
Providence,
Rhode Island
|
+$299K |
| 4 |
Jane Street
New York
|
+$232K |
| 5 |
Morgan Stanley
New York
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$25.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.43M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.43M |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$572K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$443K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FA
26
FMA Advisory
Harrisburg,
Pennsylvania
| $418 | +$35.4K | +1,090 | +9% |
|
|
PAG
27
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$25.4M | -827,922 | Closed |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.43M | -79,438 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.43M | -46,649 | Closed |
|
|
RCAG
30
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$572K | -18,684 | Closed |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$443K | -14,447 | Closed |
|
FCOM Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2017, worth a combined $15.7M — down 64% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FCOM positions and 5 closed out — a net gain of 1 holder — while 10 added to existing stakes and 8 trimmed.
The largest buyer was SII Investments, opening a new position worth an estimated $1.13M. The largest seller was Pinnacle Advisory Group, exiting entirely with an estimated $25.4M sold.
- 27 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2017, up from 26 in Q1 2017.
- Funds reported $15.7M of Fidelity MSCI Communication Services Index ETF stock for Q2 2017, down 64% quarter-over-quarter.
- 6 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2017 and 5 closed out, a net change of +1 holder.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2017 was SII Investments, an estimated $1.13M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2017 was Pinnacle Advisory Group, an estimated $25.4M sold.
Based on aggregated 13F filings for Q2 2017.