Fidelity MSCI Communication Services Index ETF
FCOM
27 hedge funds and large institutions have $20.6M invested in Fidelity MSCI Communication Services Index ETF in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
56% more capital invested
Capital invested by funds: $13.3M → $20.6M (+$7.37M)
5.81% more ownership
Funds ownership: 12.07% → 17.89% (+5.8%)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Patriot Wealth Management
Houston,
Texas
|
+$8.94M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$239K |
| 3 |
RW
Rand Wealth
Baltimore,
Maryland
|
+$202K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$154K |
| 5 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$783K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$612K |
| 3 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$570K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$272K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$265K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIL
26
AGF Investments LLC
Toronto,
Ontario, Canada
| $4 | +$2.37K | +83 | +198% |
|
|
27
Jane Street
New York
| – | -$783K | -27,454 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$272K | -9,532 | Closed |
|
|
RCG
29
Ruggie Capital Group
Tavares,
Florida
| – | -$80K | -2,800 | Closed |
|
|
IWM
30
IHT Wealth Management
Chicago,
Illinois
| – | -$3K | -106 | Closed |
|
|
SWP
31
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -20 | Closed |
|
FCOM Hedge Fund Activity: Q2 2018 in Review
27 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2018, worth a combined $20.6M — up 56% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FCOM and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 12 added.
The largest buyer was Patriot Wealth Management, opening a new position worth an estimated $8.94M. The largest seller was Jane Street, exiting entirely with an estimated $783K sold.
- 27 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2018, down from 28 in Q1 2018.
- Funds reported $20.6M of Fidelity MSCI Communication Services Index ETF stock for Q2 2018, up 56% quarter-over-quarter.
- 4 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2018 and 5 closed out, a net change of -1 holder.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2018 was Patriot Wealth Management, an estimated $8.94M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2018 was Jane Street, an estimated $783K sold.
Based on aggregated 13F filings for Q2 2018.