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Fidelity MSCI Communication Services Index ETF

122 hedge funds and large institutions have $242M invested in Fidelity MSCI Communication Services Index ETF in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 29 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 14

18% more capital invested

Capital invested by funds: $204M → $242M (+$37.3M)

8% more funds holding

Funds holding: 113122 (+9)

0.32% more ownership

Funds ownership: 44.47%44.78% (+0.32%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

36% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 45

Holders
122
Holders Change
+9
Holders Change %
+7.96%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
25
Increased
29
Reduced
45
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$1.62M -$10.6M -304,001 -87%
EP
27
Eudaimonia Partners
Tennessee
$1.61M +$1.17M +33,528 +319%
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$1.58M +$209K +6,011 +16%
Northwestern Mutual Wealth Management
29
Northwestern Mutual Wealth Management
Wisconsin
$1.57M +$571K +16,391 +62%
KPWS
30
Kestra Private Wealth Services
Texas
$1.56M -$11K -315 -0.7%
ECM
31
Exchange Capital Management
Michigan
$1.5M -$33.9K -972 -2%
IOOF
32
Independent Order of Foresters
Ontario, Canada
$1.44M
Macquarie Group
33
Macquarie Group
Australia
$1.44M
SCA
34
Southern Capital Advisors
Tennessee
$1.43M -$133K -3,826 -9%
Bank of America
35
Bank of America
North Carolina
$1.41M -$916K -26,297 -41%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$1.4M -$161K -4,617 -11%
EWM
37
EPG Wealth Management
Georgia
$1.32M -$20.6K -592 -2%
AWS
38
Atria Wealth Solutions
New York
$1.3M -$230K -6,610 -16%
BWM
39
Birchcreek Wealth Management
Ohio
$1.25M -$249K -7,150 -17%
LA
40
Lifeworks Advisors
Michigan
$1.07M -$47K -1,350 -4%
MSFS
41
Main Street Financial Solutions
Pennsylvania
$943K +$80.8K +2,320 +10%
MFG
42
Merit Financial Group
Georgia
$931K
VWM
43
Venturi Wealth Management
Texas
$846K -$318K -9,129 -28%
SPC
44
Sigma Planning Corp
Michigan
$840K -$542K -15,558 -40%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$833K +$431K +12,368 +119%
JP Morgan Chase
46
JP Morgan Chase
New York
$787K -$832K -23,880 -53%
CPA
47
Court Place Advisors
Maryland
$724K -$40K -1,148 -5%
Citadel Advisors
48
Citadel Advisors
Florida
$722K -$1.22M -35,003 -64%
KAS
49
Kestra Advisory Services
Texas
$708K +$390K +11,191 +137%
LOIP
50
Live Oak Investment Partners
Texas
$665K

FCOM Hedge Fund Activity: Q1 2023 in Review

122 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2023, worth a combined $242M — up 18% from $204M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FCOM positions and 14 closed out — a net gain of 11 holders — while 29 added to existing stakes and 45 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $6.68M. The largest seller was Goldman Sachs, cutting an estimated $10.6M.

  • 122 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2023, up from 113 in Q4 2022.
  • Funds reported $242M of Fidelity MSCI Communication Services Index ETF stock for Q1 2023, up 18% quarter-over-quarter.
  • 25 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2023 and 14 closed out, a net change of +11 holders.
  • The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2023 was HighTower Advisors, an estimated $6.68M added.
  • The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2023 was Goldman Sachs, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2023.