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Fidelity MSCI Communication Services Index ETF

87 hedge funds and large institutions have $289M invested in Fidelity MSCI Communication Services Index ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 27

3% less funds holding

Funds holding: 9087 (-3)

8% less capital invested

Capital invested by funds: $316M → $289M (-$26.3M)

8.73% less ownership

Funds ownership: 60.8%52.07% (-8.7%)

12% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 17

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
87
Holders Change
-3
Holders Change %
-3.33%
% of All Funds
1.76%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
15
Increased
28
Reduced
27
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PFGIA
76
Patriot Financial Group Insurance Agency
Massachusetts
$17K -$2.31K -60 -12%
CFA
77
Carroll Financial Associates
North Carolina
$16K
SIM
78
Sonora Investment Management
Arizona
$16K +$15.5K +402 New
FHA
79
Flagship Harbor Advisors
Massachusetts
$14K
APA
80
American Portfolios Advisors
New York
$11.6K
WB
81
Webster Bank
Connecticut
$11K
CFB
82
Cullen/Frost Bankers
Texas
$10K
CAAS
83
Capital Asset Advisory Services
Michigan
$5K
GI
84
Gradient Investments
Minnesota
$5K +$4.85K +126 New
ADL
85
Asset Dedication LLC
California
$3K +$2.5K +65 New
AF
86
Advisornet Financial
Minnesota
$3K +$3.27K +85 New
EW
87
Element Wealth
Mississippi
$2K
IF
88
Ironwood Financial
Arizona
$2K
AIL
89
AGF Investments LLC
Ontario, Canada
$1K
RWP
90
RWA Wealth Partners
Massachusetts
-$5.99M -169,517 Closed
QAM
91
Q3 Asset Management
Michigan
-$4.89M -138,613 Closed
EWP
92
Engrave Wealth Partners
Texas
-$2.52M -71,481 Closed
CST
93
Charles Schwab Trust
Nevada
-$477K -13,548 Closed
RBFC
94
Roman Butler Fullerton & Co
Missouri
-$466K -13,190 Closed
Jane Street
95
Jane Street
New York
-$342K -9,684 Closed
MML Investors Services
96
MML Investors Services
Massachusetts
-$244K -6,915 Closed
HighTower Advisors
97
HighTower Advisors
Illinois
-$225K -6,357 Closed
CFGS
98
Concourse Financial Group Securities
Alabama
-$233K -6,053 Closed
PAG
99
Private Advisor Group
New Jersey
-$61K -1,741 Closed
BFIM
100
Beese Fulmer Investment Management
Ohio
-$31K -885 Closed

FCOM Hedge Fund Activity: Q3 2020 in Review

87 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q3 2020, worth a combined $289M — down 8.3% from $316M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FCOM and 15 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 28 added.

The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $32.1M. The largest seller was Charles Schwab, cutting an estimated $42.5M.

  • 87 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q3 2020, down from 90 in Q2 2020.
  • Funds reported $289M of Fidelity MSCI Communication Services Index ETF stock for Q3 2020, down 8.3% quarter-over-quarter.
  • 15 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q3 2020 and 17 closed out, a net change of -2 holders.
  • The largest Fidelity MSCI Communication Services Index ETF buyer in Q3 2020 was FormulaFolio Investments, an estimated $32.1M added.
  • The largest Fidelity MSCI Communication Services Index ETF seller in Q3 2020 was Charles Schwab, an estimated $42.5M sold.

Based on aggregated 13F filings for Q3 2020.