Fidelity MSCI Communication Services Index ETF
FCOM
113 hedge funds and large institutions have $308M invested in Fidelity MSCI Communication Services Index ETF in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 36 reducing their positions, and 30 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.28% less ownership
Funds ownership: 44.85% → 41.58% (-3.3%)
16% less funds holding
Funds holding: 134 → 113 (-21)
20% less capital invested
Capital invested by funds: $385M → $308M (-$76.3M)
60% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$6.21M |
| 2 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$4.67M |
| 3 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$4.33M |
| 4 |
Goldman Sachs
New York
|
+$2.38M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$31.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.31M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.92M |
| 4 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$1.89M |
| 5 |
Morgan Stanley
New York
|
-$1.8M |
FCOM Hedge Fund Activity: Q1 2022 in Review
113 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2022, worth a combined $308M — down 20% from $385M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FCOM and 12 opened new positions — a net loss of 18 holders — while 36 trimmed existing stakes and 46 added.
The largest buyer was Lido Advisors, adding an estimated $6.21M. The largest seller was Charles Schwab, cutting an estimated $31.4M.
- 113 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2022, down from 134 in Q4 2021.
- Funds reported $308M of Fidelity MSCI Communication Services Index ETF stock for Q1 2022, down 20% quarter-over-quarter.
- 12 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2022 and 30 closed out, a net change of -18 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2022 was Lido Advisors, an estimated $6.21M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2022 was Charles Schwab, an estimated $31.4M sold.
Based on aggregated 13F filings for Q1 2022.