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Fidelity MSCI Communication Services Index ETF

136 hedge funds and large institutions have $606M invested in Fidelity MSCI Communication Services Index ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 46 increasing their positions, 46 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $501M → $606M (+$105M)

1.64% more ownership

Funds ownership: 57.69%59.33% (+1.6%)

0% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 46

5% less funds holding

Funds holding: 143136 (-7)

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
136
Holders Change
-7
Holders Change %
-4.9%
% of All Funds
1.96%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
13
Increased
46
Reduced
46
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
76
D.E. Shaw & Co
New York
$467K +$211K +4,447 +90%
AB
77
Atlas Brown
Kentucky
$458K +$190 +4 +0%
Fidelity Investments
78
Fidelity Investments
Massachusetts
$428K +$141K +2,968 +52%
SW
79
SVB Wealth
Massachusetts
$421K -$69K -1,456 -15%
KIA
80
KCM Investment Advisors
California
$390K
SWP
81
Stratos Wealth Partners
Ohio
$367K
Citadel Advisors
82
Citadel Advisors
Florida
$346K -$2.01M -42,305 -86%
DAS
83
Dynamic Advisor Solutions
Arizona
$324K
OC
84
Oppenheimer & Co
New York
$317K +$303K +6,395 New
AWM
85
Apollon Wealth Management
South Carolina
$316K +$22.9K +483 +8%
Qube Research & Technologies (QRT)
86
Qube Research & Technologies (QRT)
United Kingdom
$295K +$95K +2,004 +51%
WN
87
Williams & Novak
California
$291K
BPWM
88
Badgley Phelps Wealth Managers
Washington
$289K -$3.46K -73 -1%
AAS
89
Avantax Advisory Services
Texas
$260K -$620K -13,075 -71%
NA
90
NewEdge Advisors
Louisiana
$233K +$3.32K +70 +2%
Jones Financial Companies
91
Jones Financial Companies
Missouri
$224K +$87.1K +1,838 +69%
PAG
92
Private Advisor Group
New Jersey
$222K +$213K +4,486 New
GM
93
GeoWealth Management
Illinois
$221K +$212K +4,464 New
ST
94
Smithfield Trust
Pennsylvania
$169K +$67.5K +1,425 +72%
MHR
95
Matthew Hamilton Rosenberg
$155K
Carson Wealth (CWM LLC)
96
Carson Wealth (CWM LLC)
Nebraska
$149K +$48K +1,013 +51%
SS
97
Sunbelt Securities
Texas
$116K +$22.7K +479 +26%
Franklin Resources
98
Franklin Resources
California
$110K
Comerica Bank
99
Comerica Bank
Texas
$109K +$22.7K +478 +28%
Citigroup
100
Citigroup
New York
$79K -$332 -7 -0.4%

FCOM Hedge Fund Activity: Q1 2024 in Review

136 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2024, worth a combined $606M — up 21% from $501M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FCOM and 13 opened new positions — a net loss of 7 holders — while 46 trimmed existing stakes and 46 added.

The largest buyer was Charles Schwab, adding an estimated $68.1M. The largest seller was Morgan Stanley, cutting an estimated $16.1M.

  • 136 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2024, down from 143 in Q4 2023.
  • Funds reported $606M of Fidelity MSCI Communication Services Index ETF stock for Q1 2024, up 21% quarter-over-quarter.
  • 13 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2024 and 20 closed out, a net change of -7 holders.
  • The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2024 was Charles Schwab, an estimated $68.1M added.
  • The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2024 was Morgan Stanley, an estimated $16.1M sold.

Based on aggregated 13F filings for Q1 2024.