Fidelity MSCI Communication Services Index ETF
FCOM
28 hedge funds and large institutions have $13.3M invested in Fidelity MSCI Communication Services Index ETF in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
8% more funds holding
Funds holding: 26 → 28 (+2)
4.89% less ownership
Funds ownership: 16.97% → 12.07% (-4.9%)
34% less capital invested
Capital invested by funds: $20.2M → $13.3M (-$6.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
Rand Wealth
Baltimore,
Maryland
|
+$1.17M |
| 2 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$906K |
| 3 |
Jane Street
New York
|
+$826K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$551K |
| 5 |
PSF
Pacific Sun Financial
Los Angeles,
California
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRCM
Bright Rock Capital Management
Hanover,
Massachusetts
|
-$5.06M |
| 2 |
Morgan Stanley
New York
|
-$2.69M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$998K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$671K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$615K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
26
Stratos Wealth Partners
Beachwood,
Ohio
| $1K | +$602 | +20 | New |
|
|
AIL
27
AGF Investments LLC
Toronto,
Ontario, Canada
| $1K | +$1.26K | +42 | New |
|
|
BRCM
28
Bright Rock Capital Management
Hanover,
Massachusetts
| – | -$5.06M | -163,600 | Closed |
|
29
MML Investors Services
Springfield,
Massachusetts
| – | -$202K | -6,539 | Closed |
|
30
SG Americas Securities
New York
| – | -$114K | -3,700 | Closed |
|
|
CFD
31
Creative Financial Designs
Kokomo,
Indiana
| – | -$8K | -246 | Closed |
|
FCOM Hedge Fund Activity: Q1 2018 in Review
28 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2018, worth a combined $13.3M — down 34% from $20.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FCOM positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Rand Wealth, opening a new position worth an estimated $1.17M. The largest seller was Bright Rock Capital Management, exiting entirely with an estimated $5.06M sold.
- 28 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2018, up from 26 in Q4 2017.
- Funds reported $13.3M of Fidelity MSCI Communication Services Index ETF stock for Q1 2018, down 34% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2018 and 4 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2018 was Rand Wealth, an estimated $1.17M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2018 was Bright Rock Capital Management, an estimated $5.06M sold.
Based on aggregated 13F filings for Q1 2018.