Fidelity MSCI Communication Services Index ETF
FCOM
183 hedge funds and large institutions have $772M invested in Fidelity MSCI Communication Services Index ETF in 2024 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 62 increasing their positions, 51 reducing their positions, and 8 closing their positions.
525% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 8
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
27% more funds holding
Funds holding: 144 → 183 (+39)
22% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 51
10% more capital invested
Capital invested by funds: $704M → $772M (+$67.9M)
0.38% less ownership
Funds ownership: 56.64% → 56.26% (-0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$11.2M |
| 2 |
DWP
Destiny Wealth Partners
Tavares,
Florida
|
+$10.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.66M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$1.94M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.51M |
| 2 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$6.64M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$6.31M |
| 4 |
Morgan Stanley
New York
|
-$2.82M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$2.62M |
FCOM Hedge Fund Activity: Q4 2024 in Review
183 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q4 2024, worth a combined $772M — up 9.6% from $704M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FCOM positions and 8 closed out — a net gain of 42 holders — while 62 added to existing stakes and 51 trimmed.
The largest buyer was Q3 Asset Management, opening a new position worth an estimated $11.2M. The largest seller was Goldman Sachs, exiting entirely with an estimated $8.51M sold.
- 183 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q4 2024, up from 144 in Q3 2024.
- Funds reported $772M of Fidelity MSCI Communication Services Index ETF stock for Q4 2024, up 9.6% quarter-over-quarter.
- 50 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q4 2024 and 8 closed out, a net change of +42 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q4 2024 was Q3 Asset Management, an estimated $11.2M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q4 2024 was Goldman Sachs, an estimated $8.51M sold.
Based on aggregated 13F filings for Q4 2024.