Fidelity MSCI Communication Services Index ETF
FCOM
144 hedge funds and large institutions have $704M invested in Fidelity MSCI Communication Services Index ETF in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 60 increasing their positions, 40 reducing their positions, and 13 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 40
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
9% more capital invested
Capital invested by funds: $644M → $704M (+$60.5M)
4% more funds holding
Funds holding: 139 → 144 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.21% less ownership
Funds ownership: 56.85% → 56.64% (-0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$19.5M |
| 2 |
Goldman Sachs
New York
|
+$8.06M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$2.75M |
| 4 |
Morgan Stanley
New York
|
+$2.73M |
| 5 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
-$9.39M |
| 2 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$4.27M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.49M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$2.85M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CJL
151
Cyrus J. Lawrence
New York
| – | -$18K | -350 | Closed |
|
|
SIS
152
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$5.69K | -109 | Closed |
|
|
PA
153
Parallel Advisors
San Francisco,
California
| – | -$3.87K | -74 | Closed |
|
154
AssetMark Inc
Concord,
California
| – | -$3.66K | -70 | Closed |
|
|
VWM
155
Venturi Wealth Management
Austin,
Texas
| – | -$1.04K | -20 | Closed |
|
|
GI
156
Gradient Investments
Arden Hills,
Minnesota
| – | -$836 | -16 | Closed |
|
|
FLPIM
157
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
| – | -$627 | -12 | Closed |
|
FCOM Hedge Fund Activity: Q3 2024 in Review
144 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q3 2024, worth a combined $704M — up 9.4% from $644M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FCOM positions and 13 closed out — a net gain of 5 holders — while 60 added to existing stakes and 40 trimmed.
The largest buyer was AGF Management, adding an estimated $19.5M. The largest seller was Lido Advisors, cutting an estimated $9.39M.
- 144 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q3 2024, up from 139 in Q2 2024.
- Funds reported $704M of Fidelity MSCI Communication Services Index ETF stock for Q3 2024, up 9.4% quarter-over-quarter.
- 18 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q3 2024 and 13 closed out, a net change of +5 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q3 2024 was AGF Management, an estimated $19.5M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q3 2024 was Lido Advisors, an estimated $9.39M sold.
Based on aggregated 13F filings for Q3 2024.