Fidelity MSCI Communication Services Index ETF
FCOM
110 hedge funds and large institutions have $392M invested in Fidelity MSCI Communication Services Index ETF in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 48 increasing their positions, 28 reducing their positions, and 20 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 28
24% more capital invested
Capital invested by funds: $317M → $392M (+$75.1M)
3.33% more ownership
Funds ownership: 43.3% → 46.63% (+3.3%)
6% less funds holding
Funds holding: 117 → 110 (-7)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$67.3M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$2.62M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.5M |
| 4 |
Goldman Sachs
New York
|
+$1.98M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
-$10M |
| 2 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$6.14M |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$6M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$5.62M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
126
Geneos Wealth Management
Englewood,
Colorado
| – | -$6K | -130 | Closed |
|
|
EVM
127
Eaton Vance Management
Boston,
Massachusetts
| – | -$5K | -100 | Closed |
|
|
HR
128
Howe & Rusling
Rochester,
New York
| – | -$1K | -17 | Closed |
|
129
AssetMark Inc
Concord,
California
| – | -$1K | -11 | Closed |
|
|
RDWM
130
Red Door Wealth Management
Memphis,
Tennessee
| – | +$575 | +11 | New |
|
FCOM Hedge Fund Activity: Q2 2021 in Review
110 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2021, worth a combined $392M — up 24% from $317M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FCOM and 13 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 48 added.
The largest buyer was Charles Schwab, adding an estimated $67.3M. The largest seller was Financial Perspectives, cutting an estimated $10M.
- 110 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2021, down from 117 in Q1 2021.
- Funds reported $392M of Fidelity MSCI Communication Services Index ETF stock for Q2 2021, up 24% quarter-over-quarter.
- 13 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2021 and 20 closed out, a net change of -7 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2021 was Charles Schwab, an estimated $67.3M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2021 was Financial Perspectives, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2021.