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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
PP
126
Pacifica Partners
Canada
$3.96K
PA
127
Parallel Advisors
California
$3.67K
CIBC Private Wealth Group
128
CIBC Private Wealth Group
Georgia
$3.18K +$3.03K +64 New
EW
129
Element Wealth
Mississippi
$2.13K
BLC
130
Brown, Lisle/Cummings
Rhode Island
$2.13K
PTC
131
Private Trust Company
Ohio
$1.83K +$1.75K +37 New
BFPW
132
BOK Financial Private Wealth
Colorado
$1.78K
PP
133
PrairieView Partners
Minnesota
$1K
FFA
134
Farther Finance Advisors
California
$848
S
135
Sachetta
Massachusetts
$313
CAM
136
Creekmur Asset Management
Illinois
$36
CA
137
CSM Advisors
Pennsylvania
-$793K -17,800 Closed
Marshall Wace
138
Marshall Wace
United Kingdom
-$758K -17,024 Closed
NC
139
Napatree Capital
Rhode Island
-$684K -15,353 Closed
NL
140
NWAM LLC
Washington
-$625K -14,025 Closed
GCP
141
GSA Capital Partners
United Kingdom
-$508K -11,410 Closed
Bank of Montreal
142
Bank of Montreal
Ontario, Canada
-$400K -8,926 Closed
GWA
143
GGM Wealth Advisors
Maryland
-$308K -6,500 Closed
SOS
144
Silver Oak Securities
Tennessee
-$231K -5,185 Closed
William Blair & Company
145
William Blair & Company
Illinois
-$71.6K -1,608 Closed
NMG
146
New Millennium Group
Utah
-$35.5K -798 Closed
BWP
147
Baldwin Wealth Partners
Massachusetts
-$22.3K -501 Closed
SFC
148
SYM Financial Corp
Indiana
-$22.3K -500 Closed
AWM
149
Able Wealth Management
New Jersey
-$13.1K -294 Closed
Simplex Trading
150
Simplex Trading
Illinois
-$8K -193 Closed

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.